public mutual is launching new far east consumer fund (equity fund) on 8 Jan - call me if interested.. 019-6322 568 (Johnny).

Please promote it at the dedicated thread. Thank you.

http://forum.lowyat.net/topic/603888/+20#entry14993646

This post has been edited by David83: Jan 6 2008, 09:01 PM

public mutual is launching far east consumer themes fund (equity fund)on the 8-jan.. call me if interested 019-6322568 (Johnny).. Thank you

In SG, funds prospectus are available including top 10 funds they invest into with fund performance over the past 5 yrs if available. However, sometimes, I do switch in and out of funds to leverage on the gain momentum, which I find can comes with quite startling differences, say within 6mths, a particular shot up more than 50-60% due to market shift/conditions.. So I will try to find out why and possible to re-locate some of my slower moving funds to it. I did tried this on several times and I would say, the gain was rather high as compared to not switching into. In fact, my "trading company" (see below) permits me to swtich funds FOC 15x/yr. This technique is not new and was even mentioned at the website that I had bought my UT from, I used to pay normal charges for switching, but due to competition, .....its free now.. however, some charge lower switching fees then before.

Just imagine, sometime mid last year I was still holding on to Henderson EU Property fund and decided to sell after seeing it drop some 10%, which is quite a lot because I had been holding it since 2005 (in fact, have been buying/selling several times with this fund since 2003). Imagine the price I bought at that time to see it drop that much is something. IF I bought it in 2007, 10% could be nothing significant. I sold and then the Sublime prime issues hit the headline big time causing the big correction in Aug 07. This fund had appreciated non-stop since 2003 (I think). It was a slow and steady fund which I would like to keep. Its not my best performing funds, but I like the way it behaved, Bought it when it was at high $2+, sold at low $4+ When I check the chart it last week, the current price was back to somewhere in Oct- Nov 2005 (I think). So given that nature, I could have either sell it or switch into something profitible. Imagine too, a mere few months can bring the price down all the way to 2005. Lucky for me, I sold it.. FYI, I bought almost all my UT using CPF.

* Trading company is a 3rd party company that sells all sort of UT available in SG. In fact, much cheaper than the originator of the funds. Example, I can buy DBS UT at 50% discount of the sales charges than buying direct from DBS. I am currently owning UT from both Philips security and Fundsupermart (biggest UT company in SG).

This post has been edited by bbmars: Jan 6 2008, 11:39 PM

Its FUND MANAGERS...

and you are a UT agent? double whammy....

That is exactly what I have been emphasing here. We should be switching instead of selling out and re-enter. The ramifications can be quite substantial just as you have indicated. Well, for PM its not free unless you are say a Mutual Gold member, I am not too sure about other UT in Msia. But suffice to say the RM25/- per switch can be costly if one is holding RM1k investment but to RM50k it is a small fee to pay for potential handsome returns. Sadly last year I missed the 3 big switch opportunities that came my way but I manage to catch one of the switch period which nets me some 6.8% gains. Sweet indeed... well I paid the RM50 fee then as I only qualified for free switching fees only late last year... but overall, it was a good year. I hold some pessimism this year esp after the GE so guys, a note of caution: Move out of equity just before GE. (worth 2 sen nia)

My advise on new funds: They are normally NOT performers. (worth 2sen too)

I would like to share my experience here. I have invested in this Singapore fund and the returns are superb. I have achieved returns of 16% compunded since I invested in 1997. SGD10,000 in 1997 is now worth more than SGD40,000. Of course the currency has also appreciated. Thought would be nice to share. Bought through Fundsupermart.com

Red Dragon, do u invest by cash? or CPF? Are u Malaysia citizen? or Singaporean? Thanks.

From the PM website: "Public Mutual unitholders who have at least 100,000 qualifying points..... are automatically upgraded to MUTUAL GOLD status"

Question: what is a "point"?

if the agent can show you the top performing stock, he/she might as well invest in that stock & don't have to be an agent to do so.

Most agents will show you the good side of comparison because they promote the funds..!!

Some of the funds does not need any introductions as it is well known nation wide e.g: public mutual..

my two piece advice..

[quote=bumicomp,Nov 17 2006, 03:02 PM]Thank you for bring up this piece of information. I nearly missed it.

I make it a habbit of requesting the Agent to show me the portfolio of top 20 or 30 stocks which a unit trust is buying into.

I've come across agents who are reluctant to do so, so I simply walked away.

Remember, it is your money you are investing so you have the right to vouch & audit which counters the unit trust is holding. There's once I've come across a fund which buys into counters like Ftec, Autoair, Iris etc ........ I lost interest immediately coz the counter are speculative ones.

On the contraty, an agent showed me (HL unit trust) their unit trust hold companies like Maybank, Nestle, MISC, IJM etc ...... I felt more comfortable and confident of the unit trust.

My advice is, request for the top 20 / 30 stocks which the fund buys because its the right of the investor to see the info.

[/quote]

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Added on January 7, 2008, 6:06 pmTQ



[quote=David83,Jan 6 2008, 08:59 PM]Please promote it at the dedicated thread. Thank you.

http://forum.lowyat.net/topic/603888/+20#entry14993646

[/quote]

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Added on January 7, 2008, 6:09 pmit is a good move but it is also depends on age factor..

if ur still young, i suggest to put in equity as the market have shown that it is an up trend..




[quote=yushin,Nov 16 2006, 10:56 AM]I currently invested in 2 public mutual funds.
PDSF - Medium risk
PGSF - High risk

Not much movement in PGSF these days. haih

Every month I put some money into them using standing order. Just look at them as long term saving

Gonna get a bond fund from them later. Just incase equity market turn bad so I could shift the money away.

*edit: spelling error. ha ha ha

[/quote]

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Added on January 7, 2008, 6:20 pmvery true.. i agree

any many banks are promoting mutual funds now..



[quote=pidah,Nov 19 2006, 11:45 PM]dont just listen without do any research or smthing... if unit trust cannot be trusted 1, why unit trust is approved by the government and regulate by the Securities Commision (SC) & Federation of Malaysian Unit Trust Managers (FMUTM)?

[/quote]

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Added on January 7, 2008, 7:07 pmthere is always trick in capital gurantee.. one of them, you have to invest in acertain amount (min. RM10K) and duration must at least certain time (min. 3 years).

if you take out ur money before the mature date.. all the returns/interest will be forfeited.



[quote=bumicomp,Nov 17 2006, 02:50 PM]yes my friend, I heard of that as well.

Its something like 'capital guarantee' fund or something. At the end of the fund, you are sort of guaranteed the amount u purchased even if there's a shortfall of funds.

I didnt pay much attention to it because back then I very kering. The musim kemarau just sets in so no spare cash to buy.

[/quote]

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Added on January 7, 2008, 7:11 pmincreasing the fund size is good because the initial size have been sold out and there's many people out there still want to invest into the particular new fund.


[quote=pidah,Nov 19 2006, 11:20 PM]Some information link about Public Mutual fund performance and Total Returns
http://www.publicmutual.com.my/application...erformance.aspx
When they said, they want to increase fund size actually its a good news, Normally that fund potentially can give higher returns to the investors and at the same time can attract more new investors to invest. As the fund size increase, it also can minimized the assets iquidity risks involved.

[/quote]

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Added on January 7, 2008, 7:15 pmfund manager(s) & trustee will do the select potential stocks & invest..


[quote=leekk8,Nov 23 2006, 04:14 PM]
Hi mate, I dun think so. The investor the one that decide which to buy based on what were suggested/recommended by the Fund Manager. They are funds, Bonds, Balanced, Umbrella categories in this issue. Not really that the share as you mentioned. Basically we are not discussing shares, but Unit Trust/Mutual Funds.

About how much to buy,... I think the minimum allowed always affordable by public. Thus, how much to buy is really depends on how much you got. Not necessary 1 fixed amount. Any figures like 1234.56 RM, or 5643.21 RM. Then, the number of units bought by you can be calculated.

About shares, today my agent advised me not to sell anything yet. So, I just chose to listen to what he suggested. Noted, I won't blame him if it's a wrong decision. Perhaps we could talk about shares over the Stock Market in Malaysia thread(or that everything investment thread, got 78 pages). I has yet really joining there. Was just busy reading first...

[/quote]
edifgrto,

I think you misunderstand what I'm saying. I'm talking about equities funds here, not stock. I wish to know how equities fund manager decide to buy which stocks for the funds. Is it himself alone deciding on that, or there is a committee deciding. The amount of stock I mentioned here, is not the amount we buy the unit. I mean is it the fund manager decide how much of a particular stock being bought for the fund. I'm talking about the operation of mutual funds.

[/quote]

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Added on January 7, 2008, 9:42 pmthe trustee..

the [quote=JohnnyTan88,Jan 7 2008, 05:56 PM]
if the agent can show you the top performing stock, he/she might as well invest in that stock & don't have to be an agent to do so.

Most agents will show you the good side of comparison because they promote the funds..!!

Some of the funds does not need any introductions as it is well known nation wide e.g: public mutual..

my two piece advice..

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Added on January 7, 2008, 6:06 pmTQ

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Added on January 7, 2008, 6:09 pmit is a good move but it is also depends on age factor..

if ur still young, i suggest to put in equity as the market have shown that it is an up trend..

---

Added on January 7, 2008, 6:20 pmvery true.. i agree

any many banks are promoting mutual funds now..

---

Added on January 7, 2008, 7:07 pmthere is always trick in capital gurantee.. one of them, you have to invest in acertain amount (min. RM10K) and duration must at least certain time (min. 3 years).

if you take out ur money before the mature date.. all the returns/interest will be forfeited.

---

Added on January 7, 2008, 7:11 pmincreasing the fund size is good because the initial size have been sold out and there's many people out there still want to invest into the particular new fund.

---

Added on January 7, 2008, 7:15 pmfund manager(s) & trustee will do the select potential stocks & invest..

edifgrto,

I think you misunderstand what I'm saying. I'm talking about equities funds here, not stock. I wish to know how equities fund manager decide to buy which stocks for the funds. Is it himself alone deciding on that, or there is a committee deciding. The amount of stock I mentioned here, is not the amount we buy the unit. I mean is it the fund manager decide how much of a particular stock being bought for the fund. I'm talking about the operation of mutual funds.

[/quote]

[/quote]


This post has been edited by JohnnyTan88: Jan 7 2008, 09:42 PM

The Mutual Gold Qualifying Points (MGQP) works like this:

RM1 of investment (i.e. worth of capital) is equivalent to 1 MGQP points.
To be Mutual Gold Member, you have to have 100,000 points, i.e. RM100,000 of capital invested.
The capital gain from your investment will not be consider for MGQP points, eg. U put in RM1000, after 1 year it become RM1,500, your MGQP is still 1000 points.

U can know more about Mutual Gold here:
http://www.publicmutual.com.my/page.aspx?n...vice-mutualgold

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@JohnnyTan88
Please separate your quotation into different post, it will be easier to read instead of flooding the whole thing.

This post has been edited by kingkong81: Jan 7 2008, 11:00 PM

PB Fixed Income Fund shows a sharp drop/rise in Jun, 07 which is unusual for a bond fund. What could be the reason for that?

Fundsupermart is no longer the cheapest around. It used to be, but had over taken by Philips security. Anyway, I bought into both companies too. I would say not bad return. However, if you could spend a little more time to monitor other performing funds, it could realiseed that 16% is not as good. However, considering the overall average, is still good sense of your investment. There are other funds that perform superbly.. HSBC Indian, Lion India, Lion Thailand and Korea jus after the last recesion in 2001.. they rocket >100% in 1 yr.

Anyway, happy investing.. keep it there.. for now, I am cautious as market is some what ... . weary of recession from US... India fund is one that you can look into for now as it was reported indian market is sheild from US Subprime issue... Just today, the Indian Sensex index had gone up while almost all of Asia's indexes were down due to weka US job creation figure... BIG TIME correction...

They declare distribution.

I think it's looks a bit more than that - it stands out when looking at the graph for that period - in particular the dip before the sharp rise. In previous years, there's no such dip/rise around June. And distributions don't (shouldn't?) have that sort of effect anyway ie affecting the total value of the fund.

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 ?

The annual management fee 1.5% is calculated daily and deducted from the fund NAV before the daily NAV being published.

advantage of bond fund is a low risk fund.

and the returns are higher than fd.

Did I read wrongly? Bonds returns are better than fund? Fund as ? there are many equity fund out there that easily out bit Bond anytime except during reccession.. Every where, including in SG, you can visit the online website and see for yourself how much they are in profit as compared to bonds.

Anything with low risk, how can they make more than funds? that's why I am asking what fundsa are you referring to? You can easily find from prospectus about the various funds and its investment, including a risk rating.. higher teh risk, higher the return, lower the risk, lower the return of investment. So low risk high return? where to find such bond? SG Gov's bond only giving out something like 3-4 %.. Likewise, US too... rather low. I once bought a EU bond fund, which gave me some 6%/yr during the recession in SG.

Just came out in SG, the top market sector for 2007, 1st India, 2nd China, and 3rd is Malaysia.. etc...

This post has been edited by bbmars: Jan 8 2008, 11:53 PM

I think wat he meant is FD instead of fund...in any case, these topics have long been discussed earlier.

[quote=kingkong81,Jan 4 2008, 10:34 AM]
Haha...this one discussed before.


With agent...they do all the running around for you (save petrol, parking & saman ), help monitor ur portfolio, update u on latest news, provide explaination & advise (this one u hv to evaluate urself whether good/bad)...

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I hope i have have this perfect agent...