a friend told me to invest in PM and its better to park my money here rather than putting in EPF because of low interest rate.

I told him that im not interested if my principal can shrink. according to him , my principal is safe meaning if i deposit rm 10K , after 5 years i can still withdraw out 10K with high interest rate. is that so?

is this a bullet-proof investment just as EPF ?

For your information, PM funds are not capital protected funds.

If you're seeking for fund that is capital protected, you could find other company like CIMB, UOB-OSK.

Capital protected and capital guaranteed are used interchangeably.

read more on unit trust dude.
normally unit trust don't have capital protected unless stated so.
and unit trust u will make a loss at the beginning ard 6.5%. Then from there it'll based on the fund's performance, which means there's a risk of you losing money in unit trust

NOT a Quaranteed RETURN at all. Last time , I was sweet talk by Maybank to buy their unit trust and in the end, my principal shrink according to market rate. Now they are seeking funds without any guaranteed return but a pure ESTIMATION or FORECAST.

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Added on November 5, 2007, 8:58 pmthanks, a lot . i should have known. nothing is safer than parking your retirement fund in EPF for now.

This post has been edited by hackwire: Nov 5 2007, 08:58 PM

Maybank is not a very strong player in UT. Perhaps you may want to consider funds from OSK-UOB, CIMB or saving funds from insurance company like Great Eastern, ING and etc.

thanks buddy, i will have a look at it, for the mean time i still stick with EPF until something is 30-50 percent better than it.

Dynamic Asia Capital Protected* from CIMB

You can now capitalise on the equity market performance of Asian economies and realise higher returns without the risk of losing your capital with our new investment product. Dynamic Asia Capital Protected* (DACP) is a 100% capital protected* investment-linked insurance product, underwritten by CIMB Aviva Assurance Berhad.

Features

100% capital protected* if held to maturity, with uncapped pay-out at maturity.

A short 3-year tenure.

Potential yearly returns of 11.61%** p.a.

Participate in a dynamically managed portfolio of China / Hong Kong, Japan and Singapore equity indices.

Value-added insurance coverage up to 125% of amount invested

Dynamic rebalancing strategy facilitates prudent adjustments according to individual market conditions.

First RM1,000,000 is recorded as Single Premium. Any amount exceeding RM1,000,000 is recorded as Top Up Premium.

The fund is available on a strictly "first come, first served" basis until 23rd November 2007

* Subject to default risk
** Based on backtesting results for a period of 5 years, which may or may not materialise in the future.

URL: http://www.cimbclicks.com.my/dyn_pro2.htm

Nothing is 100% guaranteed.

If you are seeking something that can give you 30-50% return, the thing you can do, is to invest in a higher return investment instruments, be it Unit Trust, Shares, Property, etc.

You have to take the risk in order to gain the return. Even those capital-protection scheme/funds/investment have their risk. Imagine, your money is stuck there for 5 years and in the end, they tell you u r earning nothing. So this is the risk.

Putting your money in EPF or FD is safe, but its return is low, may not even able to offset the inflation.

So, investment is not about how much you want to get in profit. It is more to how much risk you can take in order to get the profit you wanted. If we know wat risk we are taking in wat type of investment, we are taking more to a calculated risk.

The choice is still yours.
Save in EPF with low returns but very low risk, or invest your money, take the risk, get the chance to earn more.
As long as you are comfortable with wat you do with your money

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Added on November 6, 2007, 12:51 amInformation with regards to 2 NEW PUBLIC MUTUAL funds,

1) Public Sector Select Fund (PSSF)

2) Public Islamic Sector Select Fund (PISSF)


Launching on 13 November 2007 with issue price/NAV is at RM0.25 per unit during offer period (13 Nov ~ 3rd Dec, 2007).
In addition, promotional service charge of 5.45% of NAV per unit during offer period!.
Limited fund size of only RM 100Million for each of both funds.
Eligible for EPF investment as well!

Fund objective:
To achieve long term capital growth over the medium to long term period by identifying & investing in market sectors with strong earnings growth prospects & attractive valuations.

Investment Policy
Equity Exposure: Generally range from 75% to 90% of its NAV
Will invest in maximum of 6 sectors while will maintain investment in a minimum of 3 sectors.


Investors' Profile
o Aggressive risk-reward temperament
o Medium to long-term investor
o Can withstand extended periods of market highs and lows in pursuit of capital growth

Distribution policy
o Incidental

This post has been edited by kingkong81: Nov 6 2007, 12:51 AM

i'm interest with these 2 fund, but must invest via EPF?

Not limited to EPF only.

May be your friend want to sell you UT to earn commission from it.

Ask people that bought UT during 1997, how much they earn? After 5 years since 1997 (2002), their investment generally loss 30% or more, only recover since 2005.

In UT, you stand a chance to lose, not sure gain one. Just over long term, generally UT performance is OK but there is not mean future will be the same as past.
So risk is there.

There is nothing bullet-proof investment (except FD or EPF), only those pyramid scheme/scam out there claimed to be bullet proof and guaranteed return rate of 2-3% per month.

There is no such thing of guaranteed return for investment.

Open for both Cash & EPF

Need to be quick, the fund size is not huge.

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Added on November 6, 2007, 3:33 pmEven is safe , when you looking at long run, it is not that "safe" coz u can't beat the inflation rate , so cannot consider safe lor


This post has been edited by risky76: Nov 6 2007, 03:33 PM

http://goldprice.org/gold-price.html

Global gold price increase, bad sign for economic?

btw, the minimum invest amount is 25k~

Why has Public Mutual got so many funds with similar Investor Profiles?

Anything different (from existing funds) about these 2 new ones?

This is only the 2nd time Public Mutual came out with a sectorial fund.

The 1st one is Public Regional Sector Fund (PRSEC) launched 1.5 yrs ago. It invest in regional market.

The 2 new ones (PISSF, PSSF) are oso sectorial fund, but it will be domestic fund (i.e. Malaysia market only) and bcoz of this, it is eligible for EPF investment. Basically this new funds mainly target at giving EPF investor some new choices after KWSP implement the new ruling on investment using EPF $$.
The difference between the two, one is conventional fund (PSSF), the other is Islamic fund (PISSF), but both have similar investment strategy.

Hope this helps

A little bit I would add on to this statement.
The Cash and EPF option is only available during the First Day of launching.
If these funds are approved by EPF, then the subsequent days will be EPF Only.
Please take note on this

Latest news.

Both new funds PISSF & PSSF have been APRROVED BY EPF. Therefore, as Jordy said, for cash investment, the first of of launching is the day u can purchase...coz if response is overwhelming, subsequent day will only for EPF

1. Let's say I'm looking for a PM fund where the manager has great flexibility in shifting the weighting between equity and fix-income depending on market conditions, which ones should I start reading on?

2. Is the Public China Select Fund too high to be buying into at this time? Just looking for general comments.