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Added on November 6, 2007, 12:51 amInformation with regards to 2 NEW PUBLIC MUTUAL funds,

1) Public Sector Select Fund (PSSF)

2) Public Islamic Sector Select Fund (PISSF)

Hope this helps 

It was informed to all agents...no public announcement being made yet...

So lets see what is PM next plan for this fund.

Fund closure on the 1st day offer has happened before...Focus Select Fund  is one example. Sold on the morning of the 1st launching day....

WOW, that 's is very high, much higher than SG.. we already complain for sometime and the rate has came down not long ago from 5% to 3%, and some still at 5%.  However, there are those who offers online trading at 1.5% discount and even 1% if you can invest 50K above... Actually, its more expensive than investing in stock even for SG UT... market regulator is asking for more reduction in sales charges and commision..and we the investors... still complaining the sales charge is too high...

Prob those who are interested should starts to look @ foreign funds. In malaysia 20-30% return pa is consider very good or perhaps one of the best funds already. In US or Hong Kong, good funds that generate 20-30% return is consider sap sap sui. In US, good funds generate more than 100% p.a and HK, one of the best funds generate over 800% in 5 years. So, widen ur horizon... the grass is REALLY greener on the other side. Cheers .

About the transparency issue, I think interim and annual report of each fund will cater the information of the portfolio of the fund. So far I know Public Mutual and OSKUOB have. Public Mutual also publish the portfolio of each fund every month, just most of the investors are not aware of it. Please always request this from your agent.

About the service charge and fee, yes, 6.5% is a bit high, so in fact, most of the unit trust companies now are trying to reduce the service charge. Anyway, Spore UT industry is different from Msia, as Msia still need some time to achieve the current state of Spore UT industry. I believe eventually, Msia UT industry will be same as Spore, using online facility to trade UT and minimize the need of agent service.

About foreign funds, yes, some of the funds really did well in these 3 years, cause of the China booming market. In Msia, there is no fund specialize on China region until recently, but in HK, the China fund there has been launched for more than 3 years. They experience the total booming of China market, but Msia funds only experience it recently. This is due to the different investment strategies, and the China market is booming. Another thing I realize, foreign fund is almost impossible for small investors, where I found there is 1 HK fund minimum initial investment is USD5000, which is more than RM15,000.

All these holdings were bought from the 2 online traders whichever offers best charges... All buy & sell its through them... of course, I can transfer my UT holding any of traders so long as I am a member...  All this are sanctioned by MAS and link to CPF and even your bank account.

hi.. want to ask.. which one is better between this two opt..

a) Invest when a particular UT Fund about to declare their divident and gain the pro-rated bonus

OR

b) Invest after they declare their divident (means buy unit with lowest price)

and anyone here can help me with the UT price history for the time they declare the divident? I want the price before they declare, how much they declare and the price after they declare.. thx..

When fund generate net 10% return rate for you, they are actually make at least 17% or more already. Don't you think it is unfair for the profit ratio? Make 17% while you only get 10% while the fund house takes 7% while it is your money at risk, not theirs. While making loss time, they still charge the same or gain the same, but investors bare all the losses.

can u help me wit this? i cant find any specific in cimb-wealthadvisors.com website.. im looking for DALI history price actually.. maybe any CIMB UT agent can help me?

be it long term. the climate to invest in UT has totally changed.  In SG, some analysts are even suggesting maximising gain by selling instead of holding out like my colleague did. 

This is sure a good news!as we all know,public mutual is the big brother in mutual market,its action to reduce the service charge will sure be follow by other player later.

i personaly don't mind the initial service charge at 5 to 6.5%,as the agent need to come to our place to explain the fund and help us fill up the form,but the following top up process is rather passive and automatic,i see no reason the top up service charge can not be lesser than 4%.

1)  If you have a good asset allocation model that you are comfortable with.  You could have open an USA online brokerage A/C and buy ETF that invest all over the world across multiple asset classes.  The fee is only tradiing cost and annual fee is less than 1%.

Isn't funds more about holding it long term instead of constantly selling/buying?

Given that almost all funds charge at least 6% total fees and inflation is at around 5%, to get 20% back the fund will have to perform at least 30% growth.

If the fund's growth average 15%  then it's just a 4% return after deducting the fees and inflation.

oh....ok.. thanks~!
And back to topic by Grengo01, the 1 fund that focuses on natural resources/gas that I found is from OSKUOB-Resources, which invests in palm oil, natural gas, oil. timber, coal, miningg, etc. companies across Asia region including Australia...though that fund may not be EPF-certified...take a look if you're interested

Just may be make you feel good about 'more units' or price is low (0.25), but in actual fact it makes no different.

I deplore agents that advise their client to SELL and re-enter at a later date when price becomes "attractive". This only gives the agent opportunity to make more commission.