Which funds have you invested in..?
How is PM over rated..?
We're getting very good returns from PM, so I don't think we exagerate anything..
What is your "satisfactory" returns by the way..?

NO. 1
Usually, when you do switch all your units into a new fund is when the fund is not performing up to your expectation. Therefore, you switch to other funds that has more potential.

Full switching may oso be done (to bond/mmf) when the market is down to preserve your capital. and will switch back into equity once the market is more stable.

NO. 2
This kind of switching is what we call profit taking. Once your fund perform to a certain target that u set, then you switch out some of your units to lock-in your profit. (i.e. take out your capital and leave your profit in there)

NO. 3
Mayb by leaving some low-cost units in your fund, when you buy in the fund again, it can helps to lower your cost per units.
Average cost means your average NAV cost/unit (include service charges +/- switching fees). Anyhting above this value is your profit.

as usual, do always take into the account of RM25 switching fees that is imposed as this will be included into your unit cost.

Pro and Cons?? If you switch too many times, in the end, you incur more loss than profit. Switching do save you the service charges for reentering the market. It oso useful in doing your asset allocation.

I would say, determine why you want to switch and when to switch.
not performing? preserve capital? market drop? profit taking?

can i ask, any bond fund can recommend?

Too bad PBOND sudah tutup Cannot open new account 

I'm not saying that people should stick ONLY with PM, don't get me wrong bro..
I believe non of my posts asked people not to choose other fund managers but only PM..
I'm just saying through what other forumers and I have experienced with PM funds, not just by rumours..
I'm just asking him for clarification, since he's saying he's not getting satisfactory returns..
If what he says is really true, then I could learn something too right..?
Cheers bro..
Based on what I can see, if you invested anytime between 02-Jan-03 and 02-Jan-04 until 18-Oct-07, your average profit should be at least 95.80% (annualised 23.95%)..
How come you're saying that you have only profited about 56%..?
I don't quite understand, unless PM did something on the charts to make their funds look better..
Even by looking at Lipper, you'll see these funds growing more than 50% on average for the last 3 years..
Have you still been keeping these funds, or did you redeem early..?
I'm not to say that you're wrong, but did you miss out something in your calculation..?
Did you include the distributions/splits by these funds (they have announced a few distributions already)..

It's better to check the returns from their systems..
It includes all the profits from distributions/splits, thus more accurate..
Distributions will greatly affect the prices of funds, especially for you who have invested for so long..
Hope you get your reply soon and you can share with us the results..

I think you can request for a reprint of your statements, but need to pay..
It's going to be hell if you have not been doing proper portfolio management for these 4 years, but it's still manageable if you spend some time on it..

For me, I prefer DIY, even for UT which is managed by fund managers..
We need to make our own decisions so we will not blame anyone when it goes wrong..
If we let our agents do it, we might blame them if things go wrong..

There's no need to wait for 21 days to make another switch..
Switching only takes 2-3 days to be processed, so after the details have gone through, you can switch provided you have valid reasons..
I've just checked with the GM of my branch..

Can use telemutual, but if the office feels suspicious about your switching, they might call you and your agent for verification..
If your reason is invalid, then you might get banned from switching in the future..
If for normal switch to lock in profits, it's ok..