i have PGSF and PFEDF. Now back to red. After 4 months still cant break even. Actually i really doubt on the performance of PM

Might use my ang pow money to go for PFEBF or PBIAEF. not decided yet


Reason : PFEBF too far below launching price
PBIAEF = stable , less service charge, not much movement, not so scary, but earn lesser if the market boom, just like putting in FD

i got different view from yours. Since share is buy low sell high, the same logic applying to funding too. Some more, now Public Mutual is giving offer. It's a plus bonus for people who interested in Funding.

which part not agree?

Does it the right time to do a switching to bond fund or acquire more units as the unit price is getting lower due to downward market trend? What you guys think?

This post has been edited by David83: Mar 3 2007, 12:36 AM

Wondering why you're interested with this fund? You're not afraid if the fund didn't perform as it should (expected) like PGSF.

Rule of thumb in UT. Funds that are not performing will continue to NOT PERFORM.

Thank you Grengo.

---

Added on March 3, 2007, 12:47 pmthis is PFE not PG. From the record PFE perform better than global fund PG

This post has been edited by wufei: Mar 3 2007, 12:47 PM

I understood what you meant but what was my concern is how if it doesn't perform as it should and ended up like PGSF. At the mean time before the correction period of KLCI, PFES performed quite well. PFEDF is still new and hard to judge.

[attachmentid=199491]

[attachmentid=199492]

Actually, balanced fund has one disadvantage, it contradicts itself since about half of the portion is invest in bonds and half of the portion in equity.
Bond price and equity price normally move in opposition direction due to favourable of asset allocation so normally when stock is doing good then people will dumb bond and vice versa. Just like recent stock market crash, bonds up significantly since people move their asset to more secure one.

Also, if you want to diversify better buy one equity fund and one bond fund rather than balanced fund. Since balanced fund entry charge as same as equity fund 5-6.5% while only offer you half of the exposure in equity. Meanwhile bond fund normally entry charge only at around 0-1.5%.

So if you bought balanced fund, entry charges = 5%

if you split your initial fund that was planned to buy balanced fund to buy one equity and one bond fund.
Your entry charge = 1/2 x 5% (equity) + 1/2 x 1% (bond fund) = 3%!

thanks cheeroy for enlightening, looks like i have to reconsider my move, David

cherroy's explaination on balanced fund is very helpful. Maybe of these, my agent didn't introduce any balanced fund to me at all.

hmm mm,... How much confidence do you have with this ab fund?!
And after me reading this page.
Thank you, mate. I'm not really interested.

This post has been edited by edifgrto: Mar 4 2007, 05:59 PM

Seems like pyramid scheme, nothing else.
There is no free lunch in the world.

Too many of this get rich quick schemes... are all for greedy ppl.. greedier than people now in the stock market... like me.. but I am not that greedy to participate in such a scheme...

It's better we invest in mutual funds, instead of all these schemes.

Now the market is going down generally, should we buy bond funds now?

What's the best strategies we should adopt in such current situation?

This post has been edited by leekk8: Mar 5 2007, 02:16 PM

Can consider bond or Capital Guaranteed fund.

2 different bank people have convinced me not to worry. Perhaps me a bit overreacted already...

Shifted from PGSF and PFEDF to PSBF before 12 : 30

Sold my MDTF in Maybank unit trust before 4 pm.

---

Added on March 5, 2007, 9:05 pmWith no extra charges.

This post has been edited by wufei: Mar 5 2007, 09:05 PM

Good move ... it's a good time to switch to bond fund now.

Don't know how long the correction period or downward trend will last.

I have sold my OSKUOB KLCI Tracker.

How if I move to Public Enhanced Bond Fund?

If you're seeking for short term bond fund, PSBF will be a good choice. You can park your money there for a short term.