when they give dividen ? just invest in PBIAEF and PBCPEF ...

The fund will give distribution (i.e. dividend) at the end of financial years. How much will depends on the fund performance at that financial year.

Depends on type of fund, certain funds, especially moderate risk fund (eg. PDSF, PFEDF) & Bond Fund they already promised to give dividend annually based on their best effort. So, every year you will receive dividend, how much depends on fund performance.

Other funds like those High risk fund (PCSF, PSEASF), dividend payment will be on INCIDENTAL basis. Which means, if the fund performance is not too good for that year, the fund manager can opt not to give dividend payout to the investors. If the fund make money, then the fund manager might give dividend

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Added on February 20, 2008, 4:52 pmDividend payout will be during financial year end...if the fund financial year end is 31st May, then it will be given during that time.

This post has been edited by kingkong81: Feb 20 2008, 04:52 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.

any comment about PB series fund ? currently invest in PBIAEF and PBCPEF . interest in PFECTF ...anyone know about it ? thanks

We do have the 10-years distributions history in the fund review.
You should get the latest copy from you servicing agents.

I can't comment much on PB series, because I do not analyse them.
There was a thread on PFECTF some time ago.
It's investing in consumer sector in Far East countries, so it will be very cyclical in nature.
The earnings will be based on consumer spendings mainly.

I have doubt over the above statement about Consumer Theme Fund.


A large of the funds are to be invested into food and beverage like milk , milo, tobacco, footware, teleco services, entertainment co, hand phones manufacturing etc and household products needed in daily life .

Please explain what you do mean by " will be very cyclical in nature " ? What are you referring to ?

Do you mind to share ?

Thank you in advance.

P/S : Google search :-

The non-cyclical securities, also called defensive stocks, experience profit regardless of economic gyrations because they produce or distribute goods and services we always need: food, power, water and gas.

The Concept
The difference between cyclical and non-cyclical industries is simply the difference between necessity and luxury. There are certain items we can't live without and won't likely cut back on even when times are tough. The stocks of companies producing these things are non-cyclical and are "defended" against the effects of economic downturn, providing great places to invest when the economic outlook is sour. For example, household non-durable goods - a fancy term for the things you use up quickly around the house - such as toothpaste, soap, shampoo and dish detergent may not seem like essentials, but you can't really sacrifice them. Most people don't feel they can wait until next year to lather up with soap in the shower.



This post has been edited by SKY 1809: Feb 20 2008, 09:33 PM

PFECTF is a high risk fund, so it would invest mainly in aggressive stocks.
The aggressive stocks are cyclical, as you can see from your search that non-cyclical stocks are more defensive.
So, it does not really complement the objective of the fund.
If PFECTF were to be a dividend fund, then we can expect it to have more weightage on non-cyclical stocks.
This is just my opinion from the potential stocks selection list by the fund manager

Are you saying " Aggressive = Cyclical " ?
Moderate Risk = non cyclical ?

Yes, I do mean that
Even your google search result tells you that non-cyclical = defensive = moderate.

Thank you. I make a note here.

Divide lah ur fund if scared put in bond and equity

Mutual gold status no transfer fees RM 25

This post has been edited by MX510: Feb 21 2008, 12:37 PM

What are you talking about? Who are you referring to?
At least quote the post you are answering.
People might get confused with such statement

Public Mutual launches a domestic Islamic fund


Public Bank's wholly-owned subsidiary, Public Mutual launches a domestic Islamic fund, Public Islamic Select Treasures Fund (PISTF) on 26 February 2008 (Tuesday). Investors who wish to discover hidden treasures and opportunities among small-to-mid cap stocks can invest in the PISTF. PISTF is open for EPF Members Investment Scheme.

Public Mutual's Chairman Tan Sri Dato' Sri Dr. Teh Hong Piow said PISTF is an Islamic equity fund that seeks to achieve capital growth through investment in companies with market capitalisation of up to RM6 billion which comply with Shariah requirements in the domestic market. "The fund will invest in Shariah-compliant securities with market capitalisation of up to RM6.0 billion, which have promising growth prospects in the medium- to long-term," he added.

Tan Sri Teh explains that PISTF is suitable for investors with aggressive risk-reward temperaments and can withstand extended periods of market highs and lows in pursuit of capital growth. The equity exposure of PISTF will generally range from 75% to 95% of its net asset value (NAV).

The issue price / NAV of PISTF is at RM0.2500 per unit during the 21-day initial offer period of 26 February 2008 to 17 March 2008. The minimum initial investment is RM1,000.

PISTF is distributed by Public Mutual unit trust consultants. Interested investors can contact any Public Mutual unit trust consultant or call its Customer Service Hotline at 03-6207 5000 for more details of the fund.

Public Mutual is the largest private unit trust company in Malaysia, and it manages 57 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.


http://www.publicmutual.com.my/article.aspx?id=6512

5sen dividend for ASK unit holders

ALOR STAR: Kedah Mentri Besar Datuk Seri Mahdzir Khalid announced a five sen dividend per share for Amanah Saham Kedah (ASK) unit holders for the year ended Feb 29, 2008.

He said three sen would be paid in cash while two sen would be paid in shares.

"ASK has allocated RM7.57mil for the dividend distribution," he said Thursday after launching the Barisan Nasinal Alor Star parliamentary constituency's election machinery here.

Mahdzir said the dividends would be distributed from March 1.

He said ASK recorded a gross income of RM8.8mil from March 1 last year to Feb 21 this year, an increase of RM4.16mil compared to the previous year.

Last year, ASK unit holders received 2.25sen in dividends per share.

URL: http://biz.thestar.com.my/news/story.asp?f...42&sec=business

i have a question ... if i bought a fund on monday . The NAV shoulf refer to closing price for monday or tuesday ? thanks

It depends on the timing of your submission/purchase of the fund. If you submit at bank/do online purchase before 4pm, it will be consider for Monday price.

After 4pm, it will be based on next day price, i.e. Tuesday

No promotional service charge during inital period?

The same promotional rates apply.
Service charge: 5%
DDI: 5.25%

CIMB-Principal launches Mideast-linked fund

KUALA LUMPUR: CIMB-Principal Asset Management Bhd yesterday launched the country's first fund that will offer investors exposure to large-cap stocks in the Middle East and North Africa (MENA) region.

Chief executive Datuk Noripah Kamso said the CIMB-Principal MENA Equity Fund had a benchmark target of 10% growth in net asset value (NAV) per annum.

"The MENA region is made up of 12 countries with combined nominal gross domestic product (GDP) exceeding US$1tril. Its GDP growth is forecast to grow 5.9% this year, compared with 5.8% for the Asean region," chief investment officer Raymond Tang said at the fund's launch yesterday.

Tang said the oil-producing region was set to benefit from the commodity's record prices with the incoming flow of petro-dollars utilised to grow the region's economy rapidly.

The fund's main sectors are real estate and banks, sectors that are set to benefit from mega infrastructure projects.

Noripah said the fund offered Malaysian investors the opportunity to gain access to the MENA region, which would otherwise be unavailable or difficult for an individual to invest in.

"The fund also takes advantage of the region's booming sectors benefiting from the oil wealth in the MENA economies," she said.

According to her, the fund traded at a price-to-earnings ratio of 16.4 times which made it a cheaper valuation compared with other emerging markets in Asia which were trading at 21 times.

"Low correlation between the MENA region and other world markets makes it an opportune time to invest in this region amidst the current market volatility," she added.

The fund's initial offer period is from Feb 19 to March 10. It has an opening NAV of 50 sen per unit and approved fund size of 300 million units. Its annual management fee is 1.8%.

This initiative is in collaboration with global asset management company Societe Generale Asset Management (SGAM).

"We will increase the fund size depending on demand," Noripah said.

The fund feeds into SGAM's Ocean Fund/Equities MENA Opportunities Fund, which invests in securities of companies principally established and listed in the MENA region.

URL: http://biz.thestar.com.my/news/story.asp?f...50&sec=business

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.