I wanted to take more shots but too bad that I don't have much cash in my wallet.

It's like took 4 months to be at the top, and 3 weeks to drop back to 4 months ago. Very dangerous

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Added on August 15, 2007, 10:12 amNo funds to switch?

This post has been edited by dzi921: Aug 15 2007, 10:12 AM

Switching funds require to pay RM25 for each successful transaction. I think I want to hold my equity funds for a while. Somemore, no forms for me to do so.

You can use photocopy switching forms for submission... next time make a few copies when u get a blank form.

You haven't apply Telemutual?

I made a switch using Telemutual yesterday. Very easy. And i totally forgot about the RM25 charge. Thanks for reminding

I used to have extra original copies but they were expired when PM updated the forms.

Not aware that photocopy is accepted.

I have asked my agent to send me the Telemutual application form. Not sure if the form has arrived.

This post has been edited by David83: Aug 15 2007, 11:14 AM

talking about switching...which funds would be great idea to switch into now? i'm holding Public Equity, and thinking of switching into another equity fund...

Switch to Bond funds if you want to lock your profit. PSBF or PISBF would be a good choice.

I'm shooting PRSF. I'm planning to open PAGF

PRSF has drop alot recently.....if the market doesn't improve you should wait abit longer before going in

Correct, it has really drop a lot. But not only that fund. All other PM equity fund also drop. Those standing strong are Bond funds (which I've learn a lesson here, next time switch to these funds for parking)

OMG ... you're not aware that Bond funds are for temporary parking during bear period like this.

Well, for the mean time, we have several options and they're:

1. Acquire more units with lower unit price.
2. Switch out to bond fund to lock whatever profit you earned so far and switch in back later when then market is in a more optimistic shape. You'll lose your average unit price if you don't maintain minimum units in the fund that you wished to switch out from.
3. Hold on with whatever you have and hope the bear won't last long.
4. Withdraw the funds and enter later. With this you'll lose your average unit price.

Your idea is the other way round of mine

When there is a bull and has hit your high target, switch whatever equity into Bond to lock the profit. Stop investing in Equity but only Bond (or just keep ur bullets in savings)

And when the market is bear and is under your low target, switch whatever bond into equity. And start pumping money into equity once the market is stable

And if you were to switch your equity to bond today, you would have already lost a lot. Might as well just keep there, unless you foresee that it will crash even lower

Lucky me, I've switch while it is high into bond. But I switch into PEBF which has equity a little bit Next time I will switch into purely bond funds

Fund to invest in utilities sector

TA Investment scores a first with feeder fund

KUALA LUMPUR: TA Investment Management Bhd yesterday launched the TA ABN Amro Utilities Fund (TAUF), Malaysia's first unit trust fund that will invest globally in the utility sector.

Chief executive officer Simon Chow said TAUF would be feeding into ABN Amro Funds - Utilities Fund A, which had been generating an average annual return of 20.5% since it was launched in July 2004.

"We expect to sell RM70mil of the new fund during the initial offer period (Aug 15 to Sept 4)," he told reporters after the launch.

The approved fund size is RM100mil, or 200 million 50 sen units. The minimum initial investment is RM1,000.

Investors may buy units in the fund from OCBC Bank and ABN Amro Bank branches throughout Malaysia, or directly from TA Investment and its authorised agents.

"TAUF is a feeder fund, of which 95% of the investment would go to ABN Amro Funds, while the balance would be used for regulatory purposes," Chow said.

ABN Amro Funds has been investing in global utility equities and was the largest utilities sector fund registered in Luxembourg, with a net asset value of 633 million euros at July 29.

TAUF will invest in electricity, gas, water, independent power producers and energy traders, as well as in multi-utilities. Most of the funds will go to Europe and the US market.

Chow said despite the current market sentiment, utility companies were still achieving good regular earnings, as consumption did not depend on economic conditions, being the "very basic economic building blocks for all nations."

He said although utilities traditionally had been seen as a stable and defensive sector, recent global developments in fuel prices, environmental issues and increasing demand for utilities had made it more attractive to investors.

Chief investment officer Choo Swee Kee said that given the recent market sentiment, it was the "most appropriate'' time to launch the new fund, which was a long-term investment with consistent returns.

URL: http://biz.thestar.com.my/news/story.asp?f...50&sec=business

Ok, took another shot today. My last bullet left. I think I will shoot it off tomorrow and off everything relating to this topic

Really cannot concentrate on work these few days

Hi there everyone...did not notice this thread until now...

Like most people i'm oso with Public Mutual, juz join as agent recently (Klang Valley)...

With current market, those who got bullets can really fire it in now and capitalise on the low price

Some information to share:
The Latest: EPF Investment Scheme-To Include Public Islamic Dividend Fund (PIDF)



DO PM ME IF YOU WANT TO KNOW MORE

anyone intrest on the investment??? there here some tips
http://mojostock.com/forums/forumdisplay.php?f=14
<ps: im not spamming i just wanna share wif all of u

The irony is that most of us have our own agents liao. I bet most of ours are the sleeping kind.

Agree with ya...

But sometimes i think it is good to get some opinion from other agents as well. Good agent dun mind to share information

kingkong81, there's a dedicated thread for PIABF in this section.