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 Fund Investment Corner, Please share anything about Fund.

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Jordy
post Mar 14 2008, 01:40 PM

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QUOTE(MX510 @ Mar 12 2008, 12:31 AM)
Today i manage to get 30k cash investment :-) so happy hehehe hope this weeks rocks smile.gif
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How is this related? Please do not include unrelated information in this forum.
We're discussing on the funds performance here, and not your performance.

QUOTE(MX510 @ Mar 13 2008, 09:09 AM)
CIMB or not doing very well many of my investor already with CIMB move to PM, and their consultant also moving from CIMB to PM :-) my brother who invested with CIMB showing me the statement there's no profit in it. So you can decide which one to choose smile.gif.
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Please refrain from posting biased comments. Comparisons are made by investors, not by us.
We are at no stance to comment on other company.
We are only supposed to comment on our own company because we don't know much about others.
Jordy
post Mar 21 2008, 12:01 PM

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QUOTE(Processsoboring @ Mar 20 2008, 10:49 AM)
I'm personally think that Public Mutual China Fund (PCSF, PCIF...) fund manager performance is bad.. Juz look at the benchmark, i'm really upset with them...

Wat u all think?
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I believe China market's boom was not spread over the board, but were affected by only some counters. The fund managers' portfolio was wider spread, so that could be why you see some gap there. Mind you that fund managers are required to diversify the portfolio.
Jordy
post Mar 27 2008, 03:04 PM

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QUOTE(rhoads @ Mar 25 2008, 05:08 PM)
guys...my public china select fund PCSF is going to the dogs...switching will mean selling it in the shit state that it is in now!!!!! what do i do .... it has been around only 8 months  now.. too soon to speak you say? well at the peak of its drop last November ..i had my brilliant plan of leaving it as its to early ..and the same thing i said after elections...............its has been down hill all the way mate.!!!!!.. is there a light at the end of this "mining disaster in China"..... i need some expert advice? or any advice...... do you think it will recover...for sure the political situation here is only gonna get worse and the strengthening of the dollar in recent weeks is not helping either!!!

what do i do?????
i know i sound crazy ..but lets just say i have a lot to loose ..more like putting a bullet through my head situation..

Cheers!!!
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Hi rhoads,
We as consultants would try our best to always advise our clients to invest only 'what you can afford to lose', not what you need in the near term. It is also meant to say that we only get our clients to invest the amount of money that is not needed for at least 5 years and above, because we believe that the risk of losing will be reduced severely at the end of 5 years. If you plan to use the money within these 5 years, do not invest them in unit trust.
Now since your money is in there and if you really need to use it, then you can sell at a loss. Unless your case is not an emergency, then you can still hold PCSF for at least one year and hope to cut loss.
Jordy
post Apr 1 2008, 11:21 AM

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QUOTE(guanteik @ Mar 29 2008, 11:14 AM)
I personally feel Public Mutual has launched a lot of funds starting year 2007. And guess what, there is not-really-a-point to launch so many different types of funds just to get money from us. It's better they focus more (rather than launching new funds on an interval of a month) on the existing funds so that those existing buyers feel more confident to towards their funds...
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guanteik, Public Mutual has its reasons to launch so many funds.
As you know, there are limitations to the number of units a fund can offer.
Since most of Public Mutual's funds are almost full, new funds have to be launched.
It is also a good thing with these fund launching, because new funds have generally lower volatility in uncertain situations like this. So, people have the choice to control their risk by choosing either new or existing funds smile.gif
Jordy
post Apr 7 2008, 11:00 AM

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QUOTE(guanteik @ Apr 6 2008, 08:58 PM)
AFAIK, these are not the highest declared... I know PIX declared RM0.20 per unit...

Anyone has the idea what is the highest distribution per unit for any of the PM funds ever since the company started??
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How high the distribution is does not matter a lot, unless you opted for payout.
Distributions will still be deducted from the gains over the period, so it is still the same, whether high or low.
The highest distribution ever by PM is PIX's 20 sen.
Jordy
post Apr 14 2008, 10:47 AM

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QUOTE(guanteik @ Apr 14 2008, 09:49 AM)
Hi,
I would like to check, say a fund had given distribution, by default if we do not tick 'PAYOUT', the distribution will be reinvested.
Say if I want to withdraw that payout distribution, will this action impact my MQGP?
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MGQP is calculated based on your total invested amount, and it is not based on your total value.
So by selecting payout, you are not reducing your invested amount, but rather your value of investment.
Therefore, it does not affect your MGQP.

Unless you mean that if you plan to redeem the reinvested amount, then you are reducing your invested amount.
Therefore, it will reduce your MGQP.
Jordy
post Apr 14 2008, 11:22 AM

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QUOTE(guanteik @ Apr 14 2008, 10:57 AM)
Hi, what I mean is the payout from the distribution. I did not opt for a payout but instead, I take it out from my account after the distribution credited/
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As I have mentioned in my second statement, if you redeem from your invested amount, you are reducing your MGQP. Anyway, if you would like to get the payout, you can opt for change your option. Please consult your servicing consultant.
Jordy
post Apr 14 2008, 11:41 AM

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QUOTE(guanteik @ Apr 14 2008, 11:31 AM)
Thanks. your input has been useful smile.gif
it's easier for me to ask here rather than calling my servicing agent.
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No worries. We here are willing to help out, but remember you paid your servicing consultant service charge smile.gif
Good luck in your investment.
Jordy
post Apr 15 2008, 10:21 AM

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QUOTE(shikuzika @ Apr 14 2008, 02:27 PM)
Hye... i have some extra money in the bank which i don't want to use up and my sister, who has already invested in public mutual trust fund advised me to do the same. my friend who is working with CIMB wealth advisors advised me to invest in DALI. is this wise? any opinions welcomed and greatly appreciated  notworthy.gif
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Whether it is DALI fund or other funds, when it falls into equity category, it is subjected to the market risks like what is happening right now. Is it wise? I would say it is wise, IF you can withstand the risk and the time it would take to get your return. I advise all my clients to keep invested for at least 5 years.
Now, if you are able to do the same, I would say it is wise to have some diversification into unit trust for a chance to boost your returns smile.gif
Jordy
post Apr 24 2008, 04:17 PM

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Gold is more for the very long term, and we might be talking in terms of generations, as with our grandparents' days. Gold is still a commodity, and like any types of commodities, it will boil down to the supply chain in the end. Demand for gold is high now, but we should consider the demand for it in the future.
It is an interesting commodity to invest in to hedge against inflation, but if the demand slows in the future, so would the price for it.
Gold is a luxury item, it is not a need. So as mentioned by howszat, it will lose out to other commodities that are much sought after.
So, we should really consider these factors before making the investment.
Anyway, this thread is for the discussion of fund related issues, so I shouldn't comment too much on this gold smile.gif
Jordy
post Apr 28 2008, 01:17 AM

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There is a thread on REITs in Stock Exchange.
This is only for unit trust discussions smile.gif
Jordy
post Apr 30 2008, 04:16 PM

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QUOTE(shikuzika @ Apr 30 2008, 12:30 PM)
icon_question.gif NEED HELP FROM ANYONE WHO KNOWS ABOUT CIMB WEALTH ADVISORS icon_question.gif

I recently signed up for th DALI equity fund. I started with 10k. My confirmation statement has arrived, and here's what it stated:

CIMB ISLAMIC DALI EQUITY GROWTH FUND
Gross Amount (RM) 5,000.00 / Charges (%) 0.00 / Charges (RM) 305.16 / Net Amount 4694.84 / Unit Price (RM) 1.0398 / Units Credited 4,525.14 / Balance of Units 4,515.14
CIMB ISLAMIC DALI EQUITY THEME FUND
Gross Amount (RM) 5,000.00 / Charges (%) 0.00 / Charges (RM) 305.16 / Net Amount 4694.84 / Unit Price (RM) 0.2549 / Units Credited 18,418.36 / Balance of Units 18,418.36
How come in the Charges (%) it says 0.00 but in RM it states 305.16???
What is the difference between growth fund and theme fund?
I only agreed to purchase the RM0.2549 units. Why did my (what do I call the agent?) signed me up for two separate funds???
Is there any negative or positive effects to all this? Help!!! icon_question.gif  icon_question.gif  icon_question.gif
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Well, I'm not sure if this is the case, but it is just my opinion by reading your post.
It could be that your agent "misinterpreted" what you said, because you mentioned "DALI equity fund", without specifying if it's Growth or Theme fund. Your agent is unprofessional because he should have asked for clarification.

QUOTE(cherroy @ Apr 30 2008, 02:10 PM)
Usually for new fund, there is a cooling off period that you can withdraw if you change your mind ie. cancel your purchased.
I don't know much about the cooling off precedure, never done it before. So better ask your agent. I don't think he/she wants to help you on this either. As it will mean no sales for him/her.
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Actually, cooling-off period is for all fund (new and existing), but only applicable to first-time investors in the company.
Since shikuzika has received the statement, it should have been more than 6 business days, which is the usual timeframe for cooling-off.
So, there is no choice now but to stick with it and ride the flow smile.gif
Jordy
post May 1 2008, 12:14 PM

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QUOTE(! Love Money @ May 1 2008, 05:26 AM)
well... hi! TS, i think this is the most suitable thread to write here

just read on 1st page and now i wanna start investing but stock exchange is not the idea bcoz it need some knowledge and experience (read it at other thread)
then now i wanna put my money in unit trust. is unit trust something like stock exchange whereby got share go up and down
i think of PB mutual, how many funds do PB mutual have inside
thanks,
regards

Added on May 1, 2008, 5:29 amoh! ...and also which is the best thumbup.gif
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Hi, it is very true that in stock market, you not only need the knowledge and experience, but you need a lot of time to monitor too.
Most unit trust funds invests in stocks, which are called equity funds, and the value will go up/down according to the shares that they hold.
For Public Mutual, we have around 60 funds to choose from, which are divided into PB or Public series. You can refer to newspaper under the unit trust section in business. It lists all the funds available in Malaysia.
There are no guaranteed best funds, because their performance will depend on the investments they hold. The best fund for today could be the worst for tomorrow, so we do not guarantee anything. Unless you are asking about Public Mutuals's best fund based on history, I would say Public Ittikal. It has won the most awards under the Islamic funds for years.
Jordy
post May 4 2008, 03:21 AM

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QUOTE(sher87vin @ May 3 2008, 10:00 PM)
Hi all...wanna ask i hv start buying Public mutual fund last yr with an agent tat is still newbie and even i ask something regarding the fund,she still  cannot answer me definitely....so if nxt time i wan buy another PM fund..can i buy with other agent?

thanks...
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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 smile.gif
Jordy
post May 5 2008, 03:00 PM

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QUOTE(wufei @ May 5 2008, 01:46 PM)
can we have V2?
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But we still need to retain V1, reason because we have LOTS of information here that might be useful for beginners.
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