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.

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?

If you look at different funds by different managers with the word 'China' in the name, they all show a downward trend from the peak of about 3 months ago.

So it depends on what you think is going to happen from now on. I think there might be a period of 'uncertainty' (not sure what the word means but its something I picked up from reports by 'analysts' ) due to China trying to cool the overheating economy, inflation pressures and pressure to revalue the Yuan, and side-effects from the US stuff-ups.

I have some China-related funds that I'm thinking of pulling out now because I don't think a positive upwards trend is going to happen soon, at least not until towards the end of the year. But haven't really decided yet.

Does anyone look at the Lipper Fund Performance reports? How much attention do you pay to it?

Not all Bond funds are good - some struggle to just beat FD, and can even drop.

There are actually two options:

A. Investment (open)
B. Investment (registered)

If B. is for adding to previously registered fund, then I wonder what is A. for ?

---

Added on January 25, 2008, 5:42 pmFrom what I know, there are some Public Bank branches where you cannot buy PM funds, only PB. For PM, you have to go to a PM office or agent.

This post has been edited by howszat: Jan 25 2008, 05:42 PM

It would be good if PM (like other Fund websites) publish all current and historical distributions for all funds in a single webpage, rather than announcing it piece-meal in Press Releases.

Maybe I should place feedback via the website, unless someone is going to tell me it's already in a webpage somewhere that I haven;t found yet.

Just came across a new fund - HLG Vietnam Fund. Unusual for a fund to concentrate on a single foreign country. Even the China related funds typically cover HK and Taiwan as well. On the other hand, there could be great growth potential.

Since both are managed by Public Mutual, what would be the reason(s) for splitting them up between Public and PB series sold by different groups of people?

I was looking at a new fund PACIFIC DYNAMIC TRADER FUND and saw the following:



Does this mean that they have to sell the equities by a year-end, regardless of the price? What happens after the 10-day period - do they buy the equities back again, regardless of price? Looks crazy to me.

I don't think they would want to talk to me since the entry requirement is RM 3 million...

That's probably why it doesn't make sense to me, but it might to someone with 3 mil.

The other question is - how safe it is compared to UT.

Interesting, given that dealing with gold is more like speculating rather than investing. Given recent events which has driven gold to high prices, I wonder if this is a good time to go in. Still, this is giving the average person an 'investment' opportunity they normally wouldn't have. So I might talk to someone next time I go to the bank, and maybe buy a gram or two. Or does this need to go thru an agent?

Yeah, I suspected they are not going to let me buy just one gram or two...

---

Added on April 22, 2008, 9:02 pmInteresting point about commodities, though I think the super-cycle applies more to certains commodities, particularly grains (ie food) and oil and maybe some metals like iron ore. Gold, as I read from some websites is actually in plentiful supply, and its price is determined more by sentiment.

About the price, which pbebank.com page did you get the numbers from?

From other webpages, the price is is MYR2883/ounce
= MYR2883/28.35g
= MYR2033 per 20g

This post has been edited by howszat: Apr 22 2008, 09:02 PM

'best' can mean different things, but a place where you can get info about different fund managers and compare fund performance is http://www.invest.com.my/personal/funds/price You need to subscribe to get access to the additional features, but it looks like that's only to help you keep track of your investments - something that you can also do on a PC.

Another site which compares across Fund Managers is http://www.osk188.com/unit_trust_index.jsp

Past performance is of course no indication of future performance. But you should also be cautious about funds with a history of bad performance.

But not everybody wants to do investment themselves.

Some don't have the time, some don't have the level of knowledge, some are just not interested, and some don't consider reading blogs to be the same thing as "learn how to invest yourself". If those blog writers know how to pick good stocks consistently, they would not be writing blogs and telling you about it.