Im opening this thread to ask for tips on getting a good Unit Trust Consultant (UTC)..

my few question:

a) How to know that the UTC is a legit UTC? Do they have any agent ID etc?
b) Can we check with the respective bank for their UTC validity?
c) Do they have a rank to evaluate their performance?
d) Or how do they evaluate their performance?
e) Can we lodge a report to bank etc if theres any unwanted cases happened? (abandoned/cheated etc)

hope someone here can enlightened me here..

many thanx in advance.. 

Hi guys,

I am new to this thread. Hope to get some pointes from the old timer here. I started investing in Mutual Funds since 2003 but that was mostly done by my parents on my behalf. only lately have i taken it seriosuly. Mine is mostly in Public Mutual. But I am thinking of diversifying it since, I htink Public mutual is kind aof over-rated and not giving me a satisfactory returns..

I thought of putting into CMS. have anyone heard of it?

wats the minimum for the investment at public mutual fund?
short term means how long? few months?
where to noe the news about the investment.. whether it got the potential to grow o nt.. ^^ thx.. newbie want to learn..

i still not very clear...but the public mutual website is monday price wo?so can u please check for me, if i want buy PIADF, then the NAV is how much?where to refer?thanks..

I wonder do many people actually use their EPF money to buy UT?

Recently the Public Mutual fund drop dramatically for most of the fund and unstable, anyone know what is happening? is it the US government loan issue? I think it not just mutual fund, shares price and currency also drop, isn't it?

I am interested in mutual fund but the current situation make me feel worry, any opinion  about the fund or advise give to me?

TQ

I started investing in investment linked from AIA, with a guaranteed minimum interest of 2%. I don't know much about other mutual funds but as far as I know, it has upfront charges where each time you buy or sell, or even switch fund there will be some charges. As for Investment Linked from AIA doesn't charge that way, they provide 4 free switches in a year and no upfront charges. It is because it has already been charged during the first 6 years of investment, after that 100% of the money you put in is to purchase units.

Long term wise, is it an advantage? 

Another thing is, I do understand that investment linked gives lower return compare to other mutual funds. The advantage of Investment-Linked is the protection provided where there is sum assured given together with the dividend earned if death of disability strikes.

Please correct me if I am wrong. I don't know much about investment but I would like to learn more.

Anyone here brought any Investment Linked? Do share your opinions.

Thx

Something to share on how reinvestment of distribution helps on cost of unit (NAV)

PFEDF
BEfore Distribution (30 Nov 07)

Unit Price = 0.3055 sen/unit
Total Capital = RM 1, 500
Total Units   = 6,000 units (Bought at offer period, 0.25sen/unit - service charge added)

Average Cost per Unit = 0.2500 sen/unit

After Distribution
Distribtion = 2 sen/unit
Total Distribution in RM = 6000 X 0.02 = RM 120

Unit Price after Distribution = 0.3055 - 0.02 = 0.2855

Unit obtained from reinvestment = RM120/0.2885 = 415.94 units
(no service charge for reinvestment of distribution)

Total Units = 6000 + 415.94 = 6415.94 units
Total Capital = RM 1,500 (same)

Average cost per unit = RM 1,500 / 6415.94 units = RM 0.2338 sen/unit
The calculation i did take into account of tax of the distribution, just a simple calculation.

Pardon me, I am from SG, are there any online UT trading that you can buy from.  Everything is done online, buy & sell... nothing much... an what about charts that you can refer too espcially the performance so far.. this would help you to track and monitor the best funds...

In fact, I think there are also list of top performing funds too...

As for investment link product like AIA.... I used to own them too.... however, I sold them after making 20% lost within 1 yr during the down turn..  I would suggest, unless you are not the risk taker or you are not keen and just want someone to do it for you..  Things which I found out about their funds, even my SG agent could not answer me at all although he did provide me with good services, but I just ask too much about their product so much so that he find me too much to handle.  Another thing is, you see, whatever fund you buy into, do read the brochue carefully, and I suspect, they may not give you those in details which I got from my agent, which in fact, I discovered, he wasn't even aware of, the details of the fund that I bought.. they possibly tell you what they invest into which segement, but no break down of what they are.

AIA actually buy into into feeder fund, especially from AIG, the parent company.  You pay sales charges to AIA, AIA in term pay to buy from AIG. Double paying sales commision. The bit and ask price is lower than that of AIG even for the same fund, likewise, when the price rises, it is much slower .. You can easily check this with your fund website.. or you account from whoever you buy from.

Do a little read up and find out more from the internet, there are materials available for your reference... That's how I learn to invest after selling off my AIA investment link product... I am better off doing my own investment than buying from AIA.. I recovered my lost way before compared to holding on to it till now.. and even make more profits from it..

by the way, may I know what is the sale charges like in MY?

how can i become a public mutual fund agent..i knew hafta go thru CUTE...but where can i take it? is it easy to pass? thanks

Hi,

Been reading the thread and is wondering whether there are any links that can let us see charts and graphs about the UTs performance?

Business Times Online does not provide charts.

Thanks

can some one explain to me how the annual 1.5% fee works?
is it calculated daily or once every year ?
how is the payment made ?

do i been charged annually? if i invest in 1 fund?

I don't know how exactly, but I imagine it would be be something like this:

Management fee: 1.5%
Number of days NAV calculated: 52 weeks X 5 days - 20 public holidays = 240 days (or thereabouts)
Management fee per NAV day: 1.5 / 240 = 0.00625%

Therefore 0.00625% is deducted each day NAV is calculated. Sounds reasonable?

sorry, i've a question here to the agents out there -> My question is, I've submitted DDI previously on Fund A that deducts every 8th of the month, now I'm thinking to submit another DDI that deducts on 18th, on the same Fund A as well (same acc), is that possible ? Thanks.