Because u will loose on charges of switching the funds i'm an agent if funds below 100k it's better not switching unless you bare the charges by PM . Anyway up to you bro . I attend the course and they explain everything ask your agent about it .

But in my point of view, if the switching fee can help to you to avoid the big slide, I dont mind to switch as long as can lock my current profit. For me, it depends how you see the risk. When you do the correct switch, money still there or keep piling. Else, you lose your unrealized profit, maybe some capital and end up punching your chest.

The loss i endured in the past two week is more than the cost of switching out into bonds and back in (when equity stabilized)

Haih, most funds suffered 3-5% loss in previous 10 days. Means, RM30-50 for every 1k. Of course I will be more than the switching fee. Try to figure out what you want to do with it. Keep, switch or sell?

This has got to be the lamest excuse not to protect your investment
in equities in a bearish market sentiment. The switching fee, if any,
is miniscule in comparison to the capital loss your client will incur.

Geez, I can't believe this is coming from a UT agent. Maybe they
are taught how to sell only.

Switching is a must if you intend to maximize your profit and minimize the risk taken. For ex, Mr. A expects the stock market is going to go down after GE, he should do the switching before GE to lock-in whatever profit he has taken.

Unfortunately, many agents won't bother to do switching for their clients because they don't make any commission for that. If your agent doesnt want to do the switching, you can actually do that yourself on phone with telemutual or an easier way.... just hire a new agent.

One of the benefit buying UT from an agent is, agent can advice you when you should switch your fund. If agents are taught not to advice investors to switch...I can't think off any benefit of agents...

MX510 and ejleemy & leekk8 are having some contradiction here. Who is correct?

For me, switching fee is penny compared to what you put inside UTs.

by selling and re-invest I loose out 6.5%.
Switching only cost me RM25 (right?)...so why not switch?!
Are you seriously an agent?!
SO you're advising leaving my money in 1 fund for like 10-20 yrs without switching?!
Pls elaborate as I think many are confused on your statement.

Time to switch my bond into equity?

I am aggressive one, but I cannot tell should you switch or not. Market still full of doom and gloom.
Can top up some money into equity fund if you are in long term.

If at the moment your fund still making profit and you are not aggressive type , then consider switch in to Money Market.
Wait till market have clearly direction then decide again.,

6.5% plus RM 25.00 :-) ( My Agency Manager said ) Dunno which fund i think all

You still being charged

It's up to you bro, don't take it monthly terms look for their performance yearly. Rite now the market shares are down that's why it also affected UT. You won't rugi much lah, by the way which fund are you currently in now? Wanna switch to ?

This post has been edited by MX510: Aug 6 2007, 12:38 PM

Switching from an equity fund to another equity fund only charged RM 25..

MX510,
Switching from equity to bond doesn't cost you anything.
Thus it's usually advisable to switch from equity to bond if the market is going down. (or based on one's guts feel or predictions)
Switching back from bond to equity would cost you RM25; but service charges is no longer applicable.
That's what I understand as an investor.
Either the other agents are wrong or your manager is wrong.

And yes, technically you wouldn't loose much since amount of investment is low. But than again, you have the options not to loose or you got more control in profiting by investing wisely.

I think you need to brush up your skills in investment if you're going to do UT sales full time. Naive investor might buy your theory; but I think there's a lot of investor like me who doesn't adhere to yours.

Anyone top up on his UT today or do switching today? Or redeem his UTs?

if PCSF goes below 0.215, I'm in.

Tempted in PCSF also, but no initial yet. need extra 1k. Maybe I just switch. Jump from one hole to another one, dont know which one will trap me inside???

HK also face the same problem like M'sia. I think most PCSF invested in HK and TW, going down so fast. In the other hand, China market steady, like no business.

3. Cause I don't know when it is lowest so I will switch day by day. Not right?