Beware, as there are a lot of fresh consultants out there.
It is therefore impostant to look for your consultant carefully.
Yes, you can look for kingkong81 as your consultant, because I know he has quite a lot of knowledge in the industry.
You should ask the consultant the questions to make sure they know about the industry, before even making your investment.
This was what I did when I started my investment, and I still keep my investments with the same consultant until now

Feel free to switch agent but the new agent can handle only new funds u buy from Public Mutual :-) .

can we have V2?

Another few posts (over 2500) then we start V2.

Thanks.

But we still need to retain V1, reason because we have LOTS of information here that might be useful for beginners.

I tried to read most articles here and half way through ..finding it too tiring! It shows that many have great interest in fund investment, which is a good sign

Good Luck to all and happy investing!

We have reference v1 in the 1st post of v2.

The usual practice is a thread should accommodate roughly 2500 posts.

yeah, it might be quite tedious too look back one page by one.
Maybe u can try to filter out using some keywords to help on find the relevant discussion.

With more ppl getting interested in Unit Trust Investment...i do hope that this is a sign that more people are aware on the needs to have a proper financial management plan for their future.

Hi there fellow mutual funds gurus and enthusiasts, i got a question regarding the recently announced gross distribution by Public Mutual. I invested in Public Islamic Asia Dividend Fund in August 2007 and was attracted to this fund because it claims to offer potentially high returns from dividend. However, the recently announced distribution shows it to be around 0.04 sen per unit. So how do I calculate my return %? EPF announced a 5.8% last year, what does my investment give me from Public Mutual? Any idea why the distribution is so low?

Any help or opinion is much appreciated. Cheers

The distribution payout was affected by the recent market downturn. Therefore, the PM can't announce a higher distribution for this PIADF. As the fund started of in early May 07 where most of the stock prices are surging up, the downturn later in the year will definitely affect it more. In this period of times, all the funds are affected.

In terms of percentage of return from the dividend...a simple calculation based on the 25sen initial offer price..the distribution payout is about 1.6% or so.

The fund seems to move up much slower compared to other older funds (2yrs above)...might be bcoz its fundamental is not as strong as those olders one. It is definitely quite a dissappointment when its performance on the early part of the year is quite promising.

Since u mentioned u bought it in Aug 07...i suppose during that time d price is quite high (between 0.27+?). If you plan to sell/switch out now, u might b losing quite a bit. I personally still think that this funds has it own prospect in coming years. Therefore, the best thing to do might be to do some constant small amount of top-up to average down your cost price. Else, you might wan to consider switching out to another fund with a better growth prospects.

Get in touch wif your agent and hav a discussion wif him/her

This post has been edited by kingkong81: May 6 2008, 10:05 PM

Hi kingkong, if I am the type that looks at long term prospect and I want to beat FD rate consistently, which fund would you propose? I just need some advise. Yea, I personally quite like this fund but the 1.6% return (which I had calculated and you confirmed it) is really very very pathetic imho. I am about to get my bonus this month so am thinking of whether to continue topping up or switch out. I am not in need of cash for the foreseeable three years.

In this case...you can try have a look at a few funds like PFEDF ( ), PRSF or PITTIKAL. These few have been giving quite a constant & considerable annual distribution returns.

To me, i will give PIADF until this year end to see how it is going to fare before deciding to switch out. As i'm still quite confident in Asia market growth...then i'll see how the Fund Manager going to manage it till end of the year

Juz another point...the funds' prices might b way above its offer price last time, like PITTIKAL is at RM1+/unit. But the price is not wat we are looking at...it is the percentage of growth that the fund can brings in. Fund Manager will constantly give out distribution as well as unit split to investors in a way to make the price lower & more attractive to other new investors. So, dun only look at the price

ok I am looking at PITTIKAL also....but I thought this fund has been sold out? Or was it some other fund?

Used to be closed but reopened for about 6 months ago.

Meaning if I want I can invest an opening amount (RM 1000) into this fund? Is there a way for me to check how much of a particular fund is left unsubscribed?

Yes, you can open and invest now.

Regarding the 2nd quesetion, I'm not sure if your agent has access to this info.

You are not an agent? Ok I will ask my agent about this then. Still quite shocked from the subpar distribution from the PIADF that I am holding. But I am still quite confident with its holdings, just suprised why the distribution was so low...1.6%

Sorry I'm not.

So, who'll be the TS for the next version?

PIADF 1 year performance is quite poor cause of the current market situation. Anyway, the return of a fund should not be concluded according to the distribution. Unit Trust is not same as FD or EPF, where unit trust is an investment. FD and EPF give us interest every year, but unit trust fund does not. Any investment has its own risk, and there is no way to get fixed return from investment (even bond fund may earn less in some years).

For investment, we cannot just see the distribution/dividend, but also need to consider the capital gain (even just paper gain).

Anyone start a V2 as posts exceeding 2500 already. Kindly please put the link on V1 in order to forumers to refer back if needed.

Thanks.