Hi mate, I dun think so. The investor the one that decide which to buy based on what were suggested/recommended by the Fund Manager. They are funds, Bonds, Balanced, Umbrella categories in this issue. Not really that the share as you mentioned. Basically we are not discussing shares, but Unit Trust/Mutual Funds.

About how much to buy,... I think the minimum allowed always affordable by public. Thus, how much to buy is really depends on how much you got. Not necessary 1 fixed amount. Any figures like 1234.56 RM, or 5643.21 RM. Then, the number of units bought by you can be calculated.

About shares, today my agent advised me not to sell anything yet. So, I just chose to listen to what he suggested. Noted, I won't blame him if it's a wrong decision. Perhaps we could talk about shares over the Stock Market in Malaysia thread(or that everything investment thread, got 78 pages). I has yet really joining there. Was just busy reading first...

Is it? sorry if me misunderstood. So, Funding is stock too?! Me a very newbie to this stuff too.

Oh... hohoho... like that. Thank you so much for the explanation. Normally I dun care much one. I just care if the funds got increased not?

Well, my thought is very simple only. Just let the professionals monitoring our funds is much better than me go into the battle field. There are quite a few categories me not so sure yet. How is this Balanced type all about? I can guess something about equity, Money Market, Bond funds doing. But Balanced funds... ? Mate got any ideas?!

edited:
I think I found your answer already. As to those Funds, you could check the Funds Prospectus. Inside got explanation on everything you asked. Like the Organisation Structure of the Investment Department for the particular fund. yeah,... a team of professionals, as I seeing here. Practically, I have no idea. Let me give you one example, like got Investment committee, CEO, Deputy CEO, GM-Investment, Deputy GM, then under Deputy GM got 2 groups. One Fixed Income, another one is Equities.

Under Fixed Income got 1 Assistant GM, 1 Senior Portfolio Manager, 1 Portfolio Manager, 1 Deputy manager, 4 executives and 1 Senior Assistant.

Under Equities got 1 Senior Porfolio Manager, 4 portfolio managers, 1 manager, 1 assistant manager, 3 senior executives and 10 Executives.

Arr,... actually documentation AND implementation might not be same. And if mate making phone call to those bank people. They would tell the same thing too. As to give you more security insurance, i think.

How much they would buy stock?! Private and confidential to them?!

10x for ur reply. I was juz curious. Btw, im new here and no idea wat is the difference between UT and MF..Any difference?

I mean your agent has his/her own ideas but I personally do not subscribe to those as I believe even if its for long term, I bet you this, today you try putting in money to unit trust and do a computation 5 years from today. I can almost bet my last dollar that you will not see even 10% pa. You will be lucky if you dont lose money at the end of 5 years. That is if you do not switch at the right time. If you put it monthly, it only means that you could put in $$$ when the price is at its peak. Just imagine under market conditions would you buy high and sell low? Can we see the agent's agenda here? Monthly investment = monthly income for them.. no matter how small, sikit sikit lama lama jadi bukit...

~~5ive~~, it works like this. When you buy the UT for RM1 per unit, that's the selling price (RM1). The buying price will be lower by 5-7%, which is the value of your UT when you sell it.

If the initial charge is 5%, that means the buying price is RM0.95. If you buy it and sell it at the same day, you will suffer 5% loss.

NORMALLY, the finance institutions charge for the initial service charge and annual management fee (lesss than 1.5% of Net Asset Value[NAV]). There wont be any charges when you SELL. (* Depends on different finance institution policy.)

They do not charge you when you sell. Its just that you sell at NAV while you buy at Selling Price. That alone is a hindrance for you to make a quick buck on Unit Trust.

This is a long term game and as I see it, its ideal for EPF funds if you are looking for something more than the pathetic 4.5% that EPF is giving. But judging by the boom, I suppose EPF may give us 6% this year but all said, Trust funds provide way more than 6%.

If you have money to spare, its best to move it into blue chip counters where you can get dividend income and capital appreciation. Moreover with their stable prices, you can liquidate your positions easily for cash without losing much in commission.

In a way, Bond Funds give stable returns, but if equity market is good, Bond Market tend to be pretty sub-dued as most people would cash out from Bond to Equity.

leek, balance fund as its name suggests has some in money market, some in bonds, some in equity. its not a performance fund but a balanced fund. Index fund should be doing great at this point yielding annualized gain of some 25%.

As we expect the stock market to move higher due to year end window dressing and the CNY bull run, so if you are daring enough, you can switch from your balanced funds into one of the equity funds. For now the PFSF, PIF and PAGF are the robust movers. But be prepared to switch right after CNY to bond fund or more conservatively Money Market Fund.

my 2 sen worth hope it makes sense and hope we all gain enough for our later years be it to buy a house or retire not into poverty..

True ..  I'm a PM agent myself. The dividens reinvested are not subjected to the 6.5% service fee. So, if one choose to get the divendens in cash and plan to reinvest it manually later ... I dunno waht to say because its obviously  a bad idea. If you reinvest manually you are going to be charged 6.5%.

To complete the picture ... dividens are fully taxed at 28% even if you auto-reinvest. But this tax can be reclaimed. Just fill up the forms.

Yes, the dividen you received is already taxed...

You can claim it back only if your current income tax rate  is less than 28%. 
Example if your income tax is 10% ... you can claim back 18%.

I don't think this is a good idea.
I have money in medium and high risk funds.
With the market condition now they are doing very well but they might go down too someday.
My plan is to buy minimal unit of bond fund and do a transfer from equity to bond fund if the market goes down.
Any PMutual ppl here know the charges if i do a transfer?