Of course he would talk about PM. If you paying attention in this section. You should know that who is the PM agent.

yeah, I updated my first post. In the disclaimer, really pissed off one when people thinking that me is related to PM. May be it's good for me to create this thread. As me really got no relationship to Public Mutual.


edited:
Actually it's a good move. As I not only listen to one agent here(locally)... Many thanks to those PM agents who dropped some comments here. Do teach us something if possible.

This post has been edited by edifgrto: Dec 1 2006, 09:38 PM

I tried to access Maybank website. but a bit difficult to get more information...

Mayban Dividend Trust Fund(MDTF), NAV at 0.2562
Public Global Select Fund(PGSF), NAV at 0.2354

Mate, how is the yield you got there? Is that possible if wufei can show us any Maybank's MDTF fund link information?

Yeah,.. the only part that burning me hard. My 2 funds still suffering from this. One in October, another one was during November... Instantly lost over 1 k once entered... T.T

True, some of my other 30th October funds are at around 1% yield based on NAV now. But this 15th October's one giving me -3.4%... I really hope it could go up faster...

November ones,... mostly losing $ now. As it's just last month...


PS: Fund names not to be mentioned here...

This post has been edited by edifgrto: Dec 5 2006, 06:05 PM

I just make phone call to the Fund agent, being told that, as for the charging is only one time for purchasing only. While reinvesting, there is no charges at all. because the column "buying price" is involved in reinvesting, nor the "selling price". Guess, this is much better...

This post has been edited by edifgrto: Dec 6 2006, 11:17 AM

Now only I know why my that October one showing red digit... it just have the dividend redistribution(agent told me that). i think i have to comment myself as a blur investor, admittedly.

I has yet touching Public Select Bond Fund(PSBF)... but for Public Islamic Balanced Fund(PIBF) recently got dividend redistribution. I got some gain there... I chose to reinvest all units in it.

Tax stuffs, I not so sure. As normally i engaged with an account company. All my account and personal income tax thingy. They would do on behalf of me. Paying them about RM 300 per month... but they really do the job much nicer instead of I go and doing it myself.

This post has been edited by edifgrto: Dec 16 2006, 10:57 AM

May I asked anyone got involved in Prudential or Pheim funds?!
Any comments on these 2 Companies' fund?!


I think some funds no need offers, but people would get(seizing) the chance to buy it. Hence, no offer giving?! Perhaps?!

One of my bond fund strangly gave me good performance currently. While the 2 others(not bond typed funds) still trying hard to get rid of the negative values.

This post has been edited by edifgrto: Dec 16 2006, 08:53 PM

Trying my best here. When you investing, you buying at their selling price stated to public. When you redeem 500 units of Fund A, you need to use NAV per unit. Which is Net Asset Value(added Repurchase charge where its value just Nil, Zero or 0.00). You current net value of fund is basically solely based on your NAV per unit, nor selling or buying price. Just Fill up your Repurchase Form. And be sure what NAV you having, to know the return.

Correct me if I'm wrong.




PS: ante5k, what are all those First in first out , or last in first out?! Is that based on certain funds type one?!


edited:
Your amount invested is RM 1,550 since Oct 2006?! If the year is correct, then perhaps the most you get is only 10.61%(there is one fund having this yield). So, For 500 units, the most you get is RM 82.23.


This post has been edited by edifgrto: Jan 1 2007, 03:19 PM

I just give you the best returns you hoping for. Since if done in Oct 2006, the yield might be from -3.1% till 10.61% based on some examples that I observed. Means, if your NAV per unit is fall into negative status. Perhaps it's not your time to redeem the units yet.

Current net value of 500 units = NAV per unit * 500

Total amount invested = RM 1550.00 would give you a 1500 units held by you. With an average RM 1.0333 unit price. Thus the return you hoping should be

So, (NAV per unit * 500) - (1.0333 * 500) = 500(NAV per unit - 1.0333)

Example is hoping that, this NAV is bigger than 1.0333(average unit price)
Since in your question, your value of NAV is NOT BEING mentioned. We won't know how much the actual return you will get...



edited: ok, post finalised.

This post has been edited by edifgrto: Jan 1 2007, 04:39 PM

Yup,... there are benefits of something called Dollar-cost averaging principle in funding. Irregardless if in upmarket or downmarket scenario for a period of say 12 months time.

Just giving you an example from prospectus that I got here,

In upmarket Scenario, paying RM 400 each month for 1 year time:-
Principal investment = RM 4,800
Units accumulated = 8,026.47
Average cost of units procured = RM 0.5980
Average price over the period = RM 0.6008

In downmarket Scenario, paying RM 400 each month for 1 year time:-
Principal investment = RM 4,800
Units accumulated = 9,270.36
Average cost of units procured = RM 0.5178
Average price over the period = RM 0.5183

Data is from Public fund prospectus

In both case, you seem won't lost much. As you has not redeem them yet. If upmarket scenario, you got lesser units accumulated with a higher average price. You already make a gain by selling all the units if you want.

But if downmarket scenario, you got more units in paper with lesser average price. However, if you dun sell them now. Wait for its value to increase by time. You would earn more. As you know, funding this story is long term investment.


Lastly, talking, discussing is so easy. Funding is not 100% would give you a gain. But the chance of giving you a gain is increased by the longer time you keeping there. Like some seniors said,... by switching method?!

This post has been edited by edifgrto: Jan 1 2007, 04:21 PM

Hi mate, may I know what do you meant above?! Any news or announcements that you came across?! What is that 1 price system means?


Does that means,... equity fund charges going to drop for majority fund? In April 2007???


At least they are licensed to be loaded. As for me, I won't give my hard-earned money to the ones that not so reliable...

wufei said,
It's an article from Personal Money Jan 2007 issue.
I see, thank you.

Single price system means like stock market. Buy and sell at 1 price.
They will extra bill you for the service charges and management fee and maintenance fee.
Well, I have yet read that article. But I do not fancy this idea. In my humble opinion, making it no change the better. Once changed, dun know if we actually pay more or lesser. Bank calculators are too advanced for us to catch up with sometime.

Our Service charges in Malaysia is too high compare with other country, thats why it makes it not attractive (unit trust market in malaysia) . thats y more people go for stocks.
hmm mm, there are some mutual funds(like bond fund?) that very low charges... only 1.5% annually, right? If the charges is the main concern... you could choose those low charging rates fund.

I made a mistake for investing in PFEDF, if i invest in islamic fund PIEBF I start to gain already less than a month. All because of the high service charge.
PIEBF?! You mean, that new one?! Public Islamic Enhanced Bond Fund... its rate only 2.5%... considered very good already. Guess we are in the same boat, me with PFEDF too. By the way, Islamic Balanced Fund is good too.


hmm mm, this depends on individuals interest. They just playing short terms game. But Unit Trust/Mutual Funds are mainly for long term game. Therefore, as for me, who doing moderated risked stuffs. I would go for Unit trust that running for 3 or 5 years.


In my humble opinion, cherroy's post said it all. Banks are actually our friends, and our enemies too.

Off-topic//

MTRONIC 0.520 155,087 0.010

One of today's Top 10 Shares.
Could be a tip, or barely speculation. But my attention is fully attracted by his post. Now is busy checking on its stuff, googling here...

By the date mate asking me, between these 2 funds. PB Cash Management Fund(Money market fund) is out of my consideration. As I missed its initial offer period, i.e. 8 January 2007. Now what is left only PB Islamic Asia Equity Fund(Equity fund - Syariah). Personally, I feel real interested in this PB Islamic Asia Equity Fund. Was wondering how close it can be like Public Ittikal Fund.

So far, I dun have any cash in Money Market fund. But about 17% of my total investment is in equity fund, 3% in Capital Guaranteed fund and 9% in Bond Fund. So,... if likely I would try to increase these 3 type of fund allocation first.

What the bad of it is,... I dun have much spare cash. Else, for sure I would hit it hard. Hish Risked fund, I never tried. Never know how good or bad of it...


This PBCMF is low risked, principal risks are interest rate risk, credit risk and liquidity risk. Its main difference as comparing to PBIAEF is its distribution policy is Annual income for PBCMF. As PBIAEF distribution policy is incidental(means: not so concern of). But I do believe that, this PBIAEF can give better return with its high risk profile classified.


Me also quite surprised to know this...


I think for your example is something like this, let say,...

Gross Distribution Rate is RM 0.0560 per unit, same meaning as Dividend at 5.6%.
Supposed that, currently your unit held is y units. Thus, the money value you would get back is,

y x 0.056 RM

Now, with this amount of money. You have 2 options. It's either you choose to reinvest (y x 0.056) RM back to your fund based on the new unit price that has yet to be declared(which you would be informed later by your agent).

Or you take back the money (y x 0.056) RM. Bingo, your got an extra income there.

Normally(actually should be 100%), the newly soon-to-be-declared-unit-price would be lower than your current NAV.


Not really... we take this new PB Islamic Asia Equity Fund for example. It's a high risked type of fund.

Nope,... i meant Public Ittikal Fund(Moderate risked) that being launched since 10 April 1997.

But this Public Asia Ittikal Fund(High risked) which is launched since 22 August 2006. Seems that, This fund(PAIF) is still too young for us to hope for result or comparison purposes. Although I myself keep encountering uncountable times of people said, "Past performance of the Fund is not an indication of future performance."(it's like already pinned in my mind).

Well, I just see these 2 as Category of Fund: Equity Fund (Syariah). From their category type point of views.



cheers,

This post has been edited by edifgrto: Jan 12 2007, 07:19 PM

Sorry, silly me!

Brother, please refer to this site. As you can see, public mutual funds got 3 main categories. Namely,

• PUBLIC SERIES OF FUNDS
• PUBLIC SERIES OF SYARIAH-BASED FUNDS
• PB SERIES OF FUNDS

They are all different type of funds in different series. By the way, if I remember correctly, switching between these series is not allowed.

Mate can read from this post onwards(NO for both, no $ liao. T.T ). By the way, there is another new funds coming out by Public soon. If me not mistaken, I knew that from this thread. Your post is there too. Our news is faster than the local newspaper!

hehehe, wufei has answered that. Just that, I never touch foreign currency. Still learning it now. Now studying those Forex experts exchanging experiences/opinions in other thread.

To me it could be simply means something important, valuable that we can carry. Until we willing to put it under the pillow. Can be some cash in hand for rolling purposes. Nothing wrong lah...

By the way, this Public Asia Ittikal Fund(PAIF) so strong man!!! Sold 82% within its 4 weeks time due launching! Dammit,... it's like some people said, not my money, won't goes into my pocket...