i don't know if this will encourage you to invest..
if you hold >RM100k of public mutual unit trust for 1 year++, they.. public mutual will offer you a complimentary platinum credit card.. free(perpetual).

almost same condition with yours above, but just add another zero(0) to the sum..

the benefits are stated in the corporate website.. amongst all the stated benefits, the free magazine is the least that i found useful.
PMutual has cut cost (and soon more cost cutting initiatives will come).. and consolidate to only 1 magazine of choice.

the waiving of switching fee is very useful..
the free insurance is an added advantage.. (although i've a little doubt on the underwritings/underwriters)
the free will writing is a benefit for those who have assets and legacies to leave behind..
the complimentary credit card is most appreciated.. the annual fee for the card alone can be like RM500-600/annum

the free petrol voucher from lonpac isn't useful for me as i'm on a 3rd-party policy..(self-insured *lol*), thus i'm not entitled to it.

the quarterly bulletins..? well, they're historical news.. (if only you can get updated news/feeds, now that's a value)

mutual gold benefits will slowly shrink(there're reasons to it, of course).. i hope you won't be dissapointed when you've finally reached that significant milestone of yours.
just don't bank in a too high expectation of this status.. your own personal achievements are worth more than that.

1. the credit card is a platinum..

2. switching fee is free across both loaded & unloaded funds (only service charges varies and it's a one time thingy)

3. you really pay attention to the baskin robbin coupons eh? hehee.. there're other coupons every now and then.

4. mutual gold seminars.. are great but pay attention to the speakers. i skipped this year's session.. location & speaker wasn't ideal. soon they'll hold it in sunway.

5. mutual gold customer service? don't hope for it.. turnover was tremendously high.

yes.. your points will be adjusted accordingly when you repurchase..
but since you're buying back into a new fund(provided it's also a loaded fund).. then your points will be added back.

but it's most wasteful to do a repurchase and then follow with a purchase.. you pay a heavy service charge (X2)

* ppst - not quite right.. (are you a mutual gold member yourself?)
** ppst - not quite right also la.. (have you worked in public mutuall before?)

This post has been edited by lwb: Sep 14 2007, 01:52 PM

for those folks who're pondering about investing through their EPF..

you've to be quite loaded as there're pre-requisite that you've to fullfill before you're considered qualify.. i'm sure our champ pm agent (aka unit trust consultant) here can advice you on this..

mutual gold insurance is RM 1/point

hhmnn.. quite persistently stubborn despite repeatedly stating to you folks out here..
on a hindsight, i believe you're confused with the loaded(commission) charge.. by moving from a bond -> equity

switching fee is different from a commission charge. i hope you're clear with this and read more closely.
there're forumers here who really have to know their stuff with pmutual as they have their precious stakes there.

try to differentiate between an arm-chair critics and keen investor.. (i'm telling you from a point of an investor here)

you're right.. it's not a chicken-feed sum of money..

i thanked my God that, a good plan was executed in a way that i got my entire pmutual investment free of sales-charges.. that plan was hatched in 5 years.

what i saved can actually buy me a nice car.. God's plan is wonderful, that's all i can tell you..
so there's way(s) to avoid that 6.5% (heck, it was even higher last time).. but not many will walk the path that i took.

yes, that's one way.. but notice the word is in plural form, means it's more than one way..

i seriously doubt there're investment pro here..
not many people make a full time living out from their investment..

there keen investors here.. hardly a pro. so any rendition of advices you received, take it with a pinch of salt.. mine included..

we are all here trying to make sense on how money works and it's erratic behaviors..

This post has been edited by lwb: Sep 15 2007, 07:34 PM

you guys can't really think out of the box, can you?!?
there're strategies in life that i follow, in which i find not many people does..
most of you guys think it's impossible.. but never venture out an inch to find out all the possibilities..

dzi..
you only think from the minimum point of view.. think larger.

leeky..
i'm mentioned before.. you're just not catching it.

perhaps you can ask kingkong.. what's a pink investment?

you make it sounds like it's just RM50K.. but if you examine it in totality.. to qualify for the RM50K on your acc-1, your entire epf will have to be above RM100K..

that's speaking in totality or retrospectively.. so if you don't have RM100K in your entire EPF, you're not qualified for this scheme.. it's a threshold that you need to achieved..

are we clear?

i feel sad reading your post..

my life mission is not about wealth on earth.. it's not the 10%
you see, focusing on acquiring wealth is just 1/3(one third) of the picture.. (which most of you guys pay attention to at this forum)

1. acquiring
2. preserving
3. perpetuate

i'm just a steward of what my God has given me.. and in fullfilling all the 3 parts above, i hope that i'll pick up good values, wisdom and character that i can pass on with any legacies that i may leave behind someday..

you're still not thinking out of the box..

always look at the total picture..

wait.. it's not free for switching to and fro..
remember.. you'll still have to fork out the $25 ticket each time you hop onto the switching bus..

so "free" is only on the perspective of sales commission/charges.

if only you manage to accumulate to a mutual gold status.. then each switching bus ride is free (for now)

dividend/distribution on a unit trust should be the least of your concern.. because of 2 factors
1. ex-dividend/distribution price equalization
2. dividend/distribution is already nett of tax for unit trust

alot of folks don't get the price-equalization concept right.. i've seen lots of them treating it like real stocks/shares and opt for redeeming their distribution/dividends unit.. it's a bad move actually.

are you absolutely sure? (it's a rapid kl style..? round trip ticket?).. i'd like to confirm that the next time i make a call to pmutual.. (did you find out from the officially?)

have already provided you the answer.. read carefully. the keyword was "nett"