Are you referring to this?

this week market wrap

This post has been edited by wufei: Jan 24 2007, 09:46 PM


Attached File(s)
 Market_Wrap_01_19_2007_MG_.pdf ( 58.31k ) Number of downloads: 23

If there is an equity fund just charge 2.5% service charge, is this a good choice? As I know, most of the equity funds charge 6-7% service charge.

Sadly to say, no. The minimum all the fund currently charge is 5% which is way too high, not the mentioned the 1.5% management fee as well, there's go 6.5% before you start getting the return (might as well lose since it depends on market situation).

i guess he mean if he found fund with 2% fee, is it worth to try? neway leek if i'm correct, wat fund u r talking about?

yah pleasae share, i cant find a fund <than 5% service charge except bond fund..,,,,

Whats wrong with PGSF, not performing!!!!

Disappointing ... I know. Sad to see that it doesn't perform as it should be.



This post has been edited by David83: Jan 27 2007, 11:52 AM

Public Mutual is not known to be a global fund investor. Hence their regional and global fund will definitely not perform. It will take them time to understand the intrinsic values of various countries that they invest in. On top of that, you have your risks spread over the various countries, we cant have bulls running lose in every country that they are investing in hence the sad performance.

Some of their regional funds are doing good ...
like PFES
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and PAIF
[attachmentid=186902]

This post has been edited by David83: Jan 27 2007, 04:01 PM

So, recently got these

*Public Far-East Balanced Fund
*Public Global Balanced Fund
*Initial offer Period: 21 days commencing 23 January 2007 to 12 February 2007
*
*PRUglobal Basic Fund
*Initial offer Period: 21 days commencing 17 January 2007 to 6 February 2007

I chose Public Far-East Balanced Fund. Anyone got any cake in these 3 funds?


Structured Product type funds

Other than this, there is some types of fund using the capital guarantee/protection policy for your investment appetite(or taste). So, if any one got any extra $. Yet dun hope to have any risk. Might considered some funds with the trend of Structured Product fund(not the same as the ordinary capital guarantee). It's quite new in the fund market(around 2 years). Being brought in by the local financial companies. Minimum investment is higher, at least RM 5k. But this type of fund in essence is for the financial companies to do their depository. I mean, between fund manager and the other financial companies. They doing it in amount of 2.5 million ringgits per entry(minimum). Return is a bit low(generally),... at about 6% annual rate for 3 years(or no return at all?). Some financial people said, this kind of fund need at least 5 years to have much better returns.

One strange observation that I have, i.e. this type of fund won't be much affected by the share market at all. Or in other words, it has the least affection by the share performance...



edited: new fund added. And, typos

This post has been edited by edifgrto: Feb 2 2007, 10:53 AM

i think you should go for far east rather than global

got fund which charge less than 5%, its venture capital funds, which only charge 2%-2.5% management fees per year...

on top of that their returns are anywhere from 500%-3000% within 3-7yrs....

however the only problem is that they choose if they want to take your money or not, so many ppl wanna invest in it that they can pick and choose, so if youre lucky then good for you...

they have been know to dismiss ppl even wanting to invest up to USD10million...

by the way im not talking about those bank or government venture capital companies...

This post has been edited by anarchist: Feb 1 2007, 04:12 PM

3000% within 3-7 years... No, thanks. Not really interested in such return.

hey its a guaranteed return man well at least on the good venture capital funds...

they ahve a long strong track record...

on average these funds pay back about 1000%

cause they take all their copmanies for listing, so you can imagine where those high profits come from...

No thanks. Could you please create a thread for your 3000% return in 3-7 years?! Perhaps, you can have more attention from your works done.

no probs man, i was just letting you know of whats there only...

im not interested in creating a thread about it as theres one pinned already...

but do chek out some of the good VC funds as in some you dont have to put all your investment ammount in sometimes only half is used and they wont call/request for the balance...

just thought id share this, anyway sorry to disturb your thread..

Oh... that kind of investments(that pinned one)... can goes up till millions ringgits?!(no wonder me dun understand, ) Brother,... really not my cup of tea. ><" Thanks for your sharing.

edited:


Mate, yeah... I chose the Far-East.

This post has been edited by edifgrto: Feb 1 2007, 07:43 PM

btw do you guys know that local fund actually did better than foreign last year?

Of course ... the Global Select Fund is not really performing as it expected.

Any source/proof?

here's your proof. this is taken from the star

"Funds for Malaysian market outperform those overseas

IN the last year or so, small investors fled in droves into global or regional Asian funds launched by unit trust companies here.

The investors felt, as the saying goes, the grass is always greener on the other side of the fence.

The companies read the mood of retail investors well, and almost all of the unit trusts launched during this period carried the mandate to invest overseas.

More than that, there was heavy selling by investors of their units in Malaysian equity funds. As a result, some of these funds shrank as much as 30% last year in terms of units issued.

The irony of these decisions is that, as it turned out, the funds for the Malaysian stock market far outperformed those that went overseas. The top two Malaysia funds increased their unit value by over 50% last year compared with above 20% for global funds managed here.

In addition, each of the top 10 Malaysian funds rose by more than 30% in unit value last year – an outstanding achievement – compared with a performance range of 23.5% to 5.8% among the top 10 global funds, according to Standard & Poor's (S&P) data published in BizWeek.

One reason for this divergence in performance could be the strength of the Malaysian market as a laggard in the region, just as local retail investors “locked in” their initial gains.

Furthermore, the local fund managers may be relatively inexperienced in investing regionally or globally.

That could, of course, change this year or in other years, but so far this year, Malaysia's performance continued.

In the four weeks this month, the Kuala Lumpur Composite Index outperformed its peer indices in Thailand, Singapore, Indonesia, India, Taiwan and South Korea.

In a way, naturally Bursa Malaysia Bhd, the stock, rose about 30% this month and was the world's best performing stock exchange, according to a Bloomberg article.

The grass may be quite green on the home ground, too. Retail investors should consider investing in the local market and pick unit trust companies that have shown some consistency in performance in recent years"

http://biz.thestar.com.my/news/story.asp?f...34&sec=business