From the market review it looks like most of the fund price are increasing :-)

There will be a new forms effective 30 April 2008 . For Agents pls do not stock the application form :-).



This post has been edited by MX510: Apr 10 2008, 12:03 PM

are you talkin about new fund application forms only?
how about switching/repurchase forms, are they changing that too?

Are you talking about Prucash or Prucash fund?

Prucash is an endowment plan with cash payout every 2 years by Prudential Assurance, whereas Prucash fund is by Prudential Fund Mgmt.

Prucash fund is an UT, which invests in a portfolio of short term debts and money market instruments.

The new form coming out on 30 April will only be for Cash Investment Form & EPF Investment form. Switching/repurchase form is not affected.

OMG! Change of form again! Seems like the form that I have going to be obsolete.

If you already stock the old forms can be switch at the office :-) that is what my AM told me . They should be new information based on new SC Guidelines.

U can return it to ur agent & get the new form from him...but the old form usage will b ceased on 29th APr...starting 30th Apr onwards, all should use the new forms.

as reminder, the forms stated are:
1)New Cash Investment Application Form
2) EPF investment Application Form

Transfer of AmInvestment Bank's fund-based activities

KUALA LUMPUR: AmInvestment Bank Bhd's fund-based activity will be transferred to AmBank (M) Bhd for conventional business while its Islamic banking business will come under AmIslamic Bank Bhd, with effect from Saturday.

AmInvestment Bank said on Friday the transfer of these activities was part of the AmBank Group's strategic initiatives to compete effectively under the universal banking platform.

It said the move would also enable it to maintain its market leadership in the Malaysian financial services industry.

The consolidation of the fund-based activity under the banking group, with AmBank as the lead institution, would enlarge AmBank's balance sheet, it said.

It said other operating companies of the AmBank group, particularly AmInvestment Bank, could leverage on the enlarged balance sheet to structure larger and more innovative financial solutions for customers.

The consolidation would also enable AmBank Group's credit and market risks to be better managed by centralising such exposure at the banking group.

URL: http://biz.thestar.com.my/news/story.asp?f...25&sec=business

Dear CAMS and FP Advisor Subscribers,

Effective from 14 April 2008 at 2.00pm onwards the existing CAMS V2.5.40 system will be upgraded to CAMS V2.5.41 and the existing FP Advisor V2.7 will be upgraded to FP Advisor V2.7.1

The change in CAMS V2.5.41 is:

1. In the screen under the Insurance tab, the description Total (at the last row) is no longer shown. Please refer to the attachment for more details.

The changes in Financial Planning FP Advisor V2.7.1 are:

1. Usage of difference color for different benchmark indexes.

2. Rectifying fund price report title wording error.

3. Under the fund benchmark report, if a benchmark index is not available, the benchmark column will show the word N/A. Please refer to the attachment for more details.

You need to click the DOWNLOAD button when you perform the normal periodic download on 14 April 2008 at 2.00pm onwards to get the upgrade patches.

With the release of new CAMS V2.5.41 and FP Advisor V2.7.1, we hope the systems can be better serving you. We also would like to assure you that we will continuously strive to enhance CAMS and FP Advisor to meet your expectations.

New Version for CAMS and FP Advisor :-)

Hi,
I would like to check, say a fund had given distribution, by default if we do not tick 'PAYOUT', the distribution will be reinvested.
Say if I want to withdraw that payout distribution, will this action impact my MQGP?

MGQP is calculated based on your total invested amount, and it is not based on your total value.
So by selecting payout, you are not reducing your invested amount, but rather your value of investment.
Therefore, it does not affect your MGQP.

Unless you mean that if you plan to redeem the reinvested amount, then you are reducing your invested amount.
Therefore, it will reduce your MGQP.

Hi, what I mean is the payout from the distribution. I did not opt for a payout but instead, I take it out from my account after the distribution credited/

As I have mentioned in my second statement, if you redeem from your invested amount, you are reducing your MGQP. Anyway, if you would like to get the payout, you can opt for change your option. Please consult your servicing consultant.

Thanks. your input has been useful
it's easier for me to ask here rather than calling my servicing agent.

No worries. We here are willing to help out, but remember you paid your servicing consultant service charge
Good luck in your investment.

Hye... i have some extra money in the bank which i don't want to use up and my sister, who has already invested in public mutual trust fund advised me to do the same. my friend who is working with CIMB wealth advisors advised me to invest in DALI. is this wise? any opinions welcomed and greatly appreciated

This post has been edited by shikuzika: Apr 14 2008, 06:35 PM

Whether it is DALI fund or other funds, when it falls into equity category, it is subjected to the market risks like what is happening right now. Is it wise? I would say it is wise, IF you can withstand the risk and the time it would take to get your return. I advise all my clients to keep invested for at least 5 years.
Now, if you are able to do the same, I would say it is wise to have some diversification into unit trust for a chance to boost your returns

Hi, I've just invested in PB dragon fund. 3years capital protected(I'm not a risk taker so no guts to invest in other funds, although I know I could get better returns). Any other funds in PB are good and safe?

The only way to be safe is --> FD.

Even capital guaranteed also not that 'safe' as if market condition not favourable to the fund, the 3 years period, one actually earn no interest out of it. Mean that you lose 3.7% x 3 = 11.1%. So, it means if condition is not favourable, one actually lose out 11.1% opportunities cost. But you gain extra when market condition is good. So it is always a trade off between risk and reward.

All investment tools are carrying certain risk either more or less depends on the nature of the investment target.

If you really want to invest in 'FD' type of investment, I suggest you invest in FD rather than BOND Funds. From my experience, I will have one Bond fund on my own as a park lot, which means, when the market is doing badly like now, I will 'move' all my equities to bond to protect the value of it.

Anyone can have their own way of investment...