Well,... looks like not only me aiming this OSK-UOB Golden Dragon Fund.

By the way, I going to buy PB Islamic Cash Management Fund too. At least lower risk, service charge is only 0.25%.

The Golden Dragon fund is a very high risk fund, a lot of bankers don't quite highly recommend as everyone knew that China market is on the bubble state.

Yet, high risk high gain.

So invest according to your risk appetide.

Many people saying China market is a bubble. However, nobody know when this bubble will burst out. Got people saying China government won't let the bubble burst before the Olympic2008. All these thing very hard to predict. I think OSKUOB also consider this when they plan to launch the new fund, that's why 30-70% of the fund can be invested in local bond market. If the fund manager invest correctly, sure can get profit from China market during this year, and switch to local bond fund when China market going down.

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

what about european equity fund?
sorry a noob here. i've read through the thread but seems like no one talks about it.

Any examples and investment company as well?

Yup, no one can predict when the bubble will burst or the bubble just slowly shrink which is ideal case for current China market situation then no harm done or even the bubble keep on inflating, don't know. But valuation point, it is a really really expensive, no doubt about it.
Gov can control up to certain extent but not the market force.

But personally would play more safe, loss of gain better than losing money afterwards. A loss of 10-25% gain better than losing more than 30%, since if it really burst then it might takes very very long time to recoup back, as seen by KLSE takes 10 years to recover back to original level, and Nasdaq after 7 years, still just at about 50% of its 2000 high, as second board index is just at 100 after hitting crazy high of 600+.

That's why I said invest according to individual appetide.

i just invested a bit in PRSF, not bad....

No worries, brother. I dun have much cash. Just a little invested only. Last time, my tiny-income is higher. Guess it's really some lucks that I entered at the earlier state. As for this GDFund, by the end of 2008. I would redeem it already...


On hand here, I got 4 funds... they are not specifically dividend type.
After this post, I would keep these brochures away already.

PB Asean Dividend Fund
Offer period: 8 May 2007 to 28 may 2007
Financial Year: 31 May
Philippines, Indonesia, Malaysia, Singapore, Thailand and Vietnam
Fund type: Equity income fund
Distribution Policy: annual income
Risk Profile: Moderate Risk with preference for receiving income while capital growth is secondary
Service charge: 6.5% of NAV per unit
Issue Price: RM 0.2500 per unit
Management fee: 1.5% per annum of the NAV
equity exposure: 75% to 95% of its NAV
Minimum initial investment is RM 1,000 and minimum additional investment is RM 100
Suitable for medium- to long-term investors

PB Islamic Cash Management Fund
Offer period: 8 May 2007(1 day)
Financial Year: 30 June
Fund type: Money Market Fund (Shariah)
Distribution Policy: annual income
Risk Profile: Low Risk
Service charge: 0.25% of NAV per unit
Issue Price: RM 1.0000 per unit
Management fee: 0.375% per annum of the NAV
Minimum initial investment is RM 1,000 and minimum additional investment is RM 1000
Suitable for short-term investors

Hwang-DBS Global Property Fund
Launched date: 19th April 2006
Financial Year: 31 August
Fund type: Income
Distribution Policy: The Fund endeavours to distribute income, if any, on a quarterly basis, after the end of the first financial year.
Risk Profile: Market risk, equity investment risk, risk on changes in property regulation, country risk, currency risk
Service charge: 5% to 7% of NAV per unit
Issue Price: ?
Management fee: Up to 1.75% per annum of the NAV
Exposure: 95.0% to 99.8% of its NAV will be invested in a Singapore-based collective investment scheme.
Minimum initial investment is RM 1,000 and minimum additional investment is RM 100
Suitable for 3 years time

Hwang-DBS Global Infrastructure Fund
Launched date: ?
Financial Year: 30 April
Fund type: Income and growth
Distribution Policy: annual income
Risk Profile: ? too complicated for me to understand.

* Industry concentration and infrastructure risk
* Through-put risk
* Unlisted infrastructure funds risk
* conflicts of interest risk
* embargo risk

Service charge: 5% to 7% of NAV per unit
Issue Price: ?
Management fee: Up to 1.8% per annum of the NAV
Exposure: 99.8% of its NAV will be invested in securities and instruments, that are issued by issuers that primarily own or operate Infrastructure Assets, while maintaining a minimum of 0.2% of its NAV in liquid assets.
Minimum initial investment is RM 1,000 and minimum additional investment is RM 100
Suitable for 5 years time.


I would like to know about that too, if possible...


So,

when you invested?
How much of profit yield so far?!

Edif, you still in UT ?

I have 8080 units in PIADF.

Huh, PM as usual . SLOW

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

Add one more dividend fund

ING Global Dividend Fund
Service charge: 5% to 7% of NAV per unit
Management fee: Up to 1.8% per annum of the NAV
Category: Feeder/Growth Fund
Exposure: 95% will be invested in ING (L) Invest Global High Dividend a fund which are dominated in Euro. The remaining will be in liquid assets.
Minimum initial investment is RM 5,000 and minimum additional investment is RM 1000. Suitable for 5 years time.

Arr, of course. Those investment vehicles(other than UT) need too much attention. Playing UT, I need not much worries. Losing also slow,... why not?

Being slow good mah,... Am not dynamic type of person though.

edited:
Actually whenever you heard of(or read about) the word "DIVIDEND". Brother, you should have known that, it's not concentrate on capital grown but consistent income in long term, dun you?!


UT also might make people losing money one. arr,... just that... i prefer UT than any other investments.


This sounds good(Euro).... really... but initial investment is a bit too high.

This post has been edited by edifgrto: May 23 2007, 05:30 PM

I had exit and starting to unwind some of the global fund I got, one of it is Hwang-DBS global properties mainly it has exceeded (way beyond I had expected) the projected target aslo concern about the non-stop moving up China market which if burst then might affect the regional market in short term. Although it doesn't mean necessity it will burst, I opt to play a bit safer by taking some profit off the table.

OSKUOB and Public Mutual both launch new funds that will invest in China, Taiwan and Hong Kong market. As China market is so high now, is still worth for us to invest in it? I think the risk is so high if they invest now.

High risk high return. You may want to invest a small amount into it. Who knows. Maybe, you may get a good return from it if the stock rises. I don't think the market there will go down unless something drastic happen like bird flu virus..

Edit: Ok. read the news this morning. Alan Greenspan mentions dramatic correction will happen at some point in China market.

This post has been edited by cuebiz: May 25 2007, 10:12 AM

im new in this and want to start investing in unit trust.
but i heard that now is not the correct time as the KLCI Index is already very high. What is your view on this?
Overall, the unit trust performance is proportional to the KLCI index, right ?

Im thinking of buying PB ASEAN Dividend fund...
just launched, with 0.25 unit price and 1% free units until may28.

Also, is public mutual open on weekends?

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

Anyone invest in Pan Am European Property Fund? Whats the view on property fund.

Properties fund and Reit has been performing very good for the last 3 years or so, gaining about roughly 25-30% per annum for the last 3 years. Now, it is not so good considered that interest rate is on the way up for European Union also housing stock or company may face difficulty ahead with previous housing bubble.

The fund started at Rm1.00 now drop to 0.93xx just about 2 months time, bad timing of the launching since it lanuched when properties stock and Reit is on the high side.
But long term, reit is a nice play if you look for yielding, can consider when Ringgit reach its peak since Ringgit appreciation will mean exchange loss for the fund also and vice versa.

Personally think that should avoid any equity fund in near term as stock is not cheap at current moment. Anyway just my personal view, not necessary correct, just like China stock market although is on bubble state, the bubble keep on inflating non-stop. You never know when the bubble stop inflating and burst. But for sure, it is bubbling.