I also think that Public Mutual action is a little late.

Just hope China government can do something to pull down the bubble. As the market is too hot, once there is any bad rumuor, all the people will sell share like crazy, then the market sure collapses.

If impose a capital gains tax, and the rate is high...it's really a bad news to the chinese investors
Hope they won't impose on foreign fund managers, as Msia has 2 funds going to invest there.

PCSF is a high risk fund, until bank negara doesnt approve ppl to invest with their EPF savings.

Fund managers showing interest again in Malaysia

NEW YORK: Malaysia is back on the radar of top foreign fund managers who have been impressed with the Government's pro-business approach, said Second Finance Minister Tan Sri Nor Mohamed Yakcop.

Despite the choices available to them in countries such as China and Vietnam, these fund managers did not want to miss out on Malaysia's potential, he said.

Nor Mohamed, who met 30 fund managers at an investment dialogue here organised by Goldman Sachs and CIMB, said he had the overwhelming feeling that US fund managers were a lot more interested in Malaysia now.

"There is a genuine interest. They have been monitoring us for a long time. They are fully aware of the developments in Malaysia and they are making the decision to come in now.

"The response was beyond expectation."

Among the fund managers he met were those from Discovery Capital Management, UBS Wealth Management & Business Banking Zurich, and Deutsche Asset Management.

Nor Mohamed said the fund managers had no major concerns about Malaysia.

"They are basically quite happy with what we are doing, eager to know whether we will proceed with our plans to transform our economy to one that is knowledge-based and innovation-based," he added.

He also found that there was great interest among the fund managers in the Iskandar Development Region (IDR) project which is targeting US$40bil (RM144bil) in foreign investments.

Nor Mohamed is here on a three-day visit. Besides meeting ratings agencies, he opened the CIMB branch here on Friday.

CIMB is Malaysia's second banking group after Maybank to set up shop in New York. 

URL: http://thestar.com.my/news/story.asp?file=...4156&sec=nation

Sorry for the mistake i made, the 1st point is I took from someone in previous post...
That's why I think 2nd point is the main cause of what the government encounter. They are short of money(maybe), they have a lot of projects kicking start, EPF already inversting a lot in other region or sectors.

Public Mutual's launch of the China fund seems a good bet for a good investment, but, hasnt it gone up too much already? With talks of China planning to raise interest rates and so on will dampen the equity market hence it will not perform as well as it has over the past 24 months.

If not mistaken, the reinvest will use the 'seller' price to buy the new unit, not its NAV or buying price so there is a 5%-6% disparity *entry charge between them.

Correct me if I am wrong.

ohh....thats' a new thing to me. I never knew........kekekeke
thanks for sharing 

Another stupid notion for debate from me.
Most of the time many UT companies will promote the new funds and most of the time when you look at it historically, you'll find that most new funds increased fantastically fast at initial stages.

I'm thinking whether or not it's because they're pushing the investment so hard, thus everyone is in the craze of purchasing and investing in it. The effect of this would obviously make the fund increased like mad.....do you think?! So that is my own reasoning why new funds are statistically performing much more better.

Someone correct me if my presumption is wrong.

actually this Public Mutual is quite lucky to get so many hardworking agents. Just now came to my office,... make a deal again.

One of my friends who is really expert in computer repairing also joined Public Mutual as agent. Really wondering how, if me also joined?! Grengo01,... may I ask, have you ever consider this?!

Next week would be an interesting week, maybe down on Monday, and something special happen after that? The US issue really making the globe to worry.

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Added on August 4, 2007, 9:08 pmCan top up on Monday if a big slide.

old funds are still performing pretty well

Hmm... hmm.... another new PM fund is coming, will find out on Monday.

OMG, I dont know when will I have 5k to top up my UT in the future. For me, top up is like RM100, 200, 500, 600. Never more than 1k.
Hope one day I can afford like you.

28, My agent is sleeping type. Hardly service me. I plan it manually

You can use photocopy switching forms for submission... next time make a few copies when u get a blank form.

PCSF should have a big rise today but I did not buy it last Friday, so wait for another good buying day.