How about becoming a PM agent before investing? Any comments?

You need to take a qualifying exam for that. The exam isn't cheap too.

And he needs to have time and commitment too

First, is it worth it for you to attend the courses and go for the FTUTM examination, which takes around 1-2 months, costing RM250+, just to invest in it..? Unless you have a substantial amount that you would like to invest, otherswise just pay the 6.5% sc..
Even if you become an agent, there's a limit to which you could invest in each funds, and the limit is only very minor..

This post has been edited by Jordy: Oct 4 2007, 11:25 PM

I am noob.
Can you tell me, what service do you need from an agent?
Lets say if i go to PB and get a PB fund, and every time i get a statement and i basically know whats the progress, is sufficient right?
So is taking PB fund an advantage?
As i know...going to PB Fund or PM fund...both you have to pay commission.

if they don't give me good service i buy from other agents only ma......what's more i can complain to people up there

No extra service or what. It also depends on how "available" your agent will be. Bear in mind that your PB agent is also a PB staff that needs to perform his or her jobs at the PB branch apart from selling the PB series fund.

Oo... noob here.

Very true, not so easy.

More complicated than I thought. Substantial amount is subjective.

Basically i think it is more what the agent can offer to u.

some of the services that can be provided includes
-helping you to do the running to the bank to buy/sell/any transaction you wanted to do for your unit trusts. Save you petrol and parking
-Giving you updated performances data on your funds
-Giving latest news on new fund launching/promotion
-Enriching the clients with necessary information
-Giving advice on your funds/buy @ sell @ switch / market condition
(this really depends on the agent knowledge it self and you should do your own judgement at the end of the day)


The statement you get is juz numbers of units you bought for a particular fund, and it did not tell you how much you have earn. If in a month you did not invest any into a fund, no statement will be send to you for that fund.

Taking PB or PM, for me, it did not give you any extra advantages, its the same...what is more important is whether the fund (PB/PM) suits your profile/objective in investment. The only thing is PB dun hv agent, but PM got agent, service charge, both oso hv to pay service charge.

Hi,

I would like to calculate my actual fund return and annualize it. As my investment was put in over a period of time, what is the easiest automated way for me to find the return over time. Right now, I only do a simple calculation, like 100% over 5 years but this is not accurate as the investment entries are over a period of years. Looking at so many entries, I become lazy to calculate individually.

Gurus out there, any free spreadsheet to calculate this?? Thanks in advance.

Ask your agent to print individual fund performance from their system.
Maybe you will find it more informative by looking at that one.

As mentioned by kingkong81, services varies for agents..
Their main job is to give advice and recommendations, that's where they got their name "consultant" from..
They watch over your portfolio, and inform you of the best time to sell/buy, and lock profits..
A normal person without the service of an agent would tend to forget about its investments and just leave it there for few years..
PB or PM funds wise, no advantage because they are managed solely by PM, so would be the same..
You pay commision not just for the agents, it's for the managers as well..

PB staffs are not supposed to service you, what right have you to demand..?
Actually, they don't mind even if you buy from other staffs..

There's no free spreadsheet for UT, all are homemade..
Actual return is more difficult to calculate unless you know the distributions/splits along the way..
They account for the calculation of net return as well..
Raw return would be easier, as you said 100% of your money over 5 year period, so annualized average 20% raw pa..
As b00n said, your agent can do it for you at just the click of a button..

leek8,lwb,thanks for the answer.lwb,i get your meaning of nett now.

leek8,can you explain further this term meaning?thanks.

anyway,what i know is saving plan by bank or insurance company is tax to bank or insurance company,so we not feel the pain,while if bond fund be tax too,i know equity fund are directly tax to our so call distribution,if bond fund also tax 28%,since it return are minimal,this tax will be very pain and ended up maybe saving in saving plan that pay you 5 to 6.25%. better .this is my noob thinking,am i have any mistake here?please feel free to correct me.

Can any one teach me the meaning of this

1/Jun/2007

Fund Code = PRU3
Fund Name = PRUbalanced fund
NAV (RM) = 0.7844
Sell (RM) = 0.8256
Buy (RM) = 0.7844
Sales Charge % = 4.99*
Management Fee (% p.a.) = 1.50

But Currently, It change to

Fund Code = PRU3
Fund Name = PRUbalanced fund
NAV (RM) = 0.8160
Sell (RM) = -
Buy (RM) = -
Sales Charge % = 5.26*
Management Fee (% p.a.) = 1.50

NAV = ?
Sell = ?
Buy = ?
Sales Charge % = ?
Management Fee = ?
What change occur as now no more sell and buy?
If I want to buy the fund what figure I need to use and the charges?
If I want to sell the fund what figure I need to use and the charges?


This post has been edited by mynewuser: Oct 6 2007, 11:18 AM

Is there a way to keep track of your investment such as those cost averaging type? (invest a fixed amount of money every month)

I have bought one of the maybank investment linked fund but Maybank only sends me the summary once a year. Is there a way we ask them to send us every month at least?

Similar to those insurance investment linked fund. Any idea?

hi sphiroth!

money market fund dont need account. as long u are investor wif that company, u can switch from any funds to any other funds. If your investment is cash, you get FREE 2 times switching (equity to equity or equity to bond). I assume this is first time switching from equity fund this year? if yes then switching to money market fund is FREE. Wait till election lor.. after election quickly switch out to lock in profit.

When market reaches 1380, there might be correction. Temporary but with election coming, market still got potential. After that, better be safe & lock in profits ya hehe

just my 2sen worth hope it helps

I don't understand this statement. What you meant by FREE 2 times switching? Switching from one equity fund to another equity fund does not have charge.

Only if the fund is invested in local market.

cash investment u can also switch to overseas fund. But if u invest in local funds, yes u gotta be ready for the election thingy

Yes. Any local funds like PRSF or funds that have high exposure to KLCI. Otherwise, offshore funds with greater exposure to Asian, China or Far East market won't be affected that much if these markets are doing well.

I couldn't get you with the term cash investment. What're referring to?

This post has been edited by David83: Oct 7 2007, 01:05 AM