Since PEBF involves in equity market, that explains why it's called "Enhanced Bond Fund".

Thank you, edifgrto for quick and straight to the point explaination.

Need that much. RM5k is a huge amount.

I don't even understand a portion of the annual report. Pointless for me to read it.

wufei, why you terminate all your funds? Mind to share if you have bigger fish ...

Have to deal at Maybank branch?

Not sure if here's the correct thread.

Have anybody came across of e-barrel (http://www.buyebarrel.us)? There's a sudden interest in my office.

This post has been edited by David83: Mar 25 2007, 09:05 PM

But PFES is older than PBAEF. You should be glad as your PBAEF has a good return of more than 20% for a fund ages less than a year.

edifgrto, who does "some funds which are fixed" mean? Fixed in what sense?

Public Bank Achieves 24% Increase In Profit For The First Quarter Of 2007

http://ww2.publicbank.com.my/cnt_press206.html

DPM: Malaysia's unit trust industry seen as biggest in Asean

KUANTAN: Malaysia's unit trust industry has been recognised as the biggest in Asean, reflecting the role of unit trust as the main engine to move the public's savings into the capital market, said Deputy Prime Minister Datuk Seri Najib Tun Razak.

He added that that the industry had become bigger and extended its influence among the people in the country, compared to 10 years ago.

``The Government is confident that the industry will register a more rapid growth with continous efforts taken to launch products for various target groups.

``It can be achieved when you have sound distribution channels supported by extensive planning and strategic marketing,'' Najib said in his speech at the launching of Malaysian Units Trust Week (MSAM) organised by Permodalan Nasional Berhad (PNB) at Padang MPK 2 here on Friday.

MSAM will be held from April 20-29.

Also present were Mentri Besar Datuk Seri Adnan Yaakob, state exco members, PNB chairman Tan Sri Ahmad Sarji Abdul Hamid and PNB president and group chief executive Tan Sri Hamad Kama Piah Che Othman.

Najib said if the people used to be comfortable with debts, now was the time to change the mindset and take the step to save and invest.

He added that last year, the unit trust industry recorded an overall increase with net asset growing 23.6%, from RM121.8bil while its fund management rose 29.2% to 164.4bil units.

``During the same period, fund management companies in the country increased to 38 as compared to 36 in 2005.

``The number of funds approved has risen from 340 to 416,'' Najib said.

He also said the size of the fund approved was 339.9bil units with the number in circulation registered at 154.1bil units, an increase of 27% and 10% as compared to 267.3bil and 139.4bil in 2005, respectively.

Ahmad Sarji, in his speech earlier, said MSAM was an important activity for PNB as it would be able to display the institution's ability to utilise, protect and expand the stakeholders' investments and eventually, distribute the profits in dividends and bonuses.

URL: http://biz.thestar.com.my/news/story.asp?f...43&sec=business

Effendi: Bond market has room for expansion

KUALA LUMPUR: Malaysia's bond market still has room for expansion, said Minister in the Prime Minister's Department Datuk Seri Effendi Norwawi.

He said the growth was in relation to corporate financing activities because commercial loans still accounted for two-thirds of the funding needs of the corporate sector.

"There has been a healthy level of financing in new investments, which constituted 66% of the total private debt securities issued last year. Refinancing of existing debts contributed 28% while the remaining 6% was accounted for by mergers and acquisitions as well as restructuring," he said in his special address at RAM's League Awards 2007 yesterday.

Effendi said since the financial crisis in 1998, the volume of outstanding corporate bonds in the market had been increasing at a compounded annual rate of 18.9% to RM186.1bil as at end-2006. Between 1998 and 2006, bond issues accounted for 59% of the country's total credit creation against 41% for commercial loans.

"Given the emphasis on private sector-led growth, the domestic bond market will become even more important for the channeling of long-term savings to finance private investments," he said.

Meanwhile, Rating Agency Malaysia Bhd (RAM) chairman Tan Sri Dr Abdul Khalid Sahan said Malaysia's bond market would have a significant role to play in fuelling the country's growth amidst other emerging economies.

He said the bond market was an essential component of Malaysia's financial landscape and would remain a vital nation-building tool alongside the banking system and equity market.

"The domestic bond market has made great strides within a relatively short span of time. Cumulatively speaking, as at March 31, 2007, RAM has rated 1,087 debt issues with a combined value of RM325.6bil."

A total 27 awards in 11 different categories were presented last night. CIMB Investment Bank Bhd was named Malaysia's top lead manager for 2006 after clinching the top spot in RAM's league table for the most number of deals and value of deals closed.

It bagged two Special Merit Awards for being top lead manager for both corporate bond and corporate sukuk market in 2006.

The Special Merit Award is accorded to the top lead manager in the country based on the institution's achievements in the Malaysian debt capital market.

CIMB Investment also received two Blue Print Awards under the New Project Finance Benchmark Deal for its RM9.17bil sukuk musyarakah and the Malaysia Innovation of the Year for its RM3bil Islamic commercial papers/medium-term notes programme and RM7bil Islamic medium-term notes programme.

The Blue Print Award is given for distinctive, groundbreaking bond/ sukuk deals in recognition of the institution's innovative and progressive thinking.

Alliance Investment Bank Bhd was presented the Special League Achievement Award in recognition of its outstanding accomplishments in RAM's league table.

HSBC Bank Malaysia Bhd won the Industry Recognition Award for its outstanding contribution towards elevating Malaysia's reputation in the global financial market.

Aseambankers Malaysia Bhd and AmInvestment Bank Bhd collected four and two awards respectively.

URL: http://biz.thestar.com.my/news/story.asp?f...59&sec=business

Mind asking ... what's the difference between an equity fund and a dividend fund?

Primary reason why PB is not doing so well in their global and certain regional funds is the slow react due to different time zone.

So in term of ROI, dividend fund might have a higher return?

You guys are highlighting dividend shares while I'm more interested in dividend funds ... should the same concept applies?

Thank you, leekk8 but from you posted; there's no win-win solution.

For Public Mutual unitholders, take note on Determination of Prices



http://www.publicmutual.com.my/page.aspx?name=notify_prices

I'm interested to buy a dividend fund. Any recommendation?

Any examples and investment company as well?

Yes he's still in UT. And so do I.

Since the market is waiting to be burst especially in China, I guess it's better to be safe with UT.

This post has been edited by David83: May 23 2007, 08:49 AM

Public Mutual follows KLCI working hours. So, they don't operate or perform any buying/selling on weekends.