CMF is a place where you can park your money for short term and earn 3.2x%pa. I use eGIA-i to park my money as it earned 3.55%. Extra 0.3%pa over CMF.

CMF is not capital guaranteed.

But it's underlying assets are - Fixed Deposits and normal deposits

If the Trustee is doing it's job, basically it means that CMF IS safe.

Sometimes I will drop by to shoot people, u won't be missing me

1% sales charge for manulife equity, is this news passed around already?

abang cepat. haha. i just said this cos they send one to my phone app.

actually how did u guys choose the correct fund to invest in? Just click on recommended unit trust and simply pick one over there?

where did all these new investors come from?? all of a sudden so many new faces??

Where did Rm50K come from? I think this is an English fluency problem, people don't understand what "drops to" means, somehow it's being translated wrong

It's the way people process language I think.. if I had said.. if your fund drops 50%, your 10K ma become 5K already.. I think that people can understand, but I can't write that way

I think Avangelice will understand this, he's a doctor, and you can't really have English comprehension problems and still be a doctor

Friends, what's your personal take on next year? Especially in terms of performance of funds (equities, bonds, balanced, money market etc) in the various regions around the world relative to us, such as Malaysia, Asia/Asia Pacific, USA, Europe, Japan, non-Asian Emerging Markets etc.

I've been doing some reading, seems like a lot of global fund companies are recommending Europe due to the undervaluation there - but all it needs is some Trump/Brexit thing to wreck havoc in France/Germany and the European market will likely not perform all that well.

Likewise it seems that US bluechip equities are considered overpriced and have less room to grow. They recommend small cap in the USA, since Trump says he wants to help local American businesses and even if that is not real, for half a year at least the "sentiment" will help propel small cap forward.

Japan seems to have a moderately positive outlook but I didn't do much reading.

Asia/APAC is said to have medium rate of growth with moderate volatility, while Emerging Markets in general are said to have medium-to-high growth rate with high volatility.

KUALA LUMPUR: Public Mutual has declared distributions amounting to more than RM115mil for 10 funds for the financial year ended Dec 30, 2016.

Public Mutual, which manages RM69.9bil in funds, said on Friday said the distribution per unit for the Public Savings Fund was 1.70 sen and for the Public Focus Select Fund 0.5 sen while for the Public Strategic Bond Fund 3.25 sen.

For the Public Islamic Savings Fund, the distribution per unit was 0.4 sen and Public Islamic Growth & Income Fund (0.25 sen) while for the Public Islamic Enhanced Bond Fund and Public Islamic Strategic Bond Fund, four sen each.

It added that for the PB Growth Sequel Fund, the distribution per unit was 0.75 sen per unit; PB Mixed Asset Conservative Fund (one sen) and PB Aiman Sukuk Fund (4.5 sen).

Public Strategic Bond Fund, Public Islamic Savings Fund, Public Islamic Enhanced Bond Fund, Public Islamic Strategic Bond Fund and PB Growth Sequel Fund are open for EPF Members Investment Scheme.

Correct me if I am wrong but dividends for variable price funds seems just like pure BS, no? Cause if there was a RM0.02 dividend, it's a norm for the NAV/unit price to drop by that exact same amount. Of course that is balancedby reinvesting the dividends in more units, such that the total NAV before and after dividends is basically the same.

At least this was my observation after studying the variable price ASN 3 fund.

To be fair the management fee is already included in the NAV. The sales/agent charge, that's another matter.

The only real dividends that matter are from fixed price funds like some of the Amanah Saham funds. There, a 6% dividend represents your actual returns for the year.

Public Bank is not the only one - Amanah Saham does the same for their variable priced funds. They make a huge announcement about it. When in true fact most such Amanah Saham funds have got a negative return for the year.

Which is why I stay away from those fund houses. They treat you like you're a dumb person.

To use your Cash Management Fund to buy unit trusts, you need to ensure that there are sufficient holdings in the Cash Management Fund.
Simply select the Cash Management Fund as the payment method during the buy process.
The investment amount payable will be deducted from your Cash Management Fund immediately and it will be reflected in your View Holding webpage.
https://www.fundsupermart.com.my/main/faq/0...nt-Methods-2409

Q: What can I do with my Cash Management Fund?

A: There are 6 main types of Cash Management Fund transactions:

1) Buy into the Cash Management Fund
2) Sell your Cash Management Fund holdings
3) Buy Unit Trusts using your Cash Management Fund holdings
4) Park proceeds from a sell order into the Cash Management Fund
5) Switch your Cash Management Fund holdings into UT; this is similar to placing a unit trust buy order using your Cash Management Fund holdings
6) Switch UT into the Cash Management Fund; this is similar to parking the proceeds of a unit trust sell order into the Cash Management Fund

You may buy or sell the Cash Management Fund at any time. The minimum initial and subsequent investment amount is RM500 and RM100 respectively. There is no lock-in period. The minimum redemption amount required is RM 100, should you wish to place a partial sell order.
You may buy a unit trust via the Cash Management Fund with ease, as long as there is sufficient holdings in your Cash Management Fund. You may simply specify the ‘Cash Management Fund’ as the payment method during the buy process. The invested amount will be deducted from your Cash Management Fund holdings, and it will be used to buy a unit trust immediately as long as the buy order is placed before 3pm on a business day.
When you sell a unit trust, you may also specify the ‘Cash Management Fund’ as the redemption method. The sales proceeds will be used to invest in the Cash Management Fund, without incurring any sales charge.
You may place an inter-switch order to switch your Cash Management Fund to another unit trust without any lag time. The sales proceeds of your Cash Management Fund sell order, after deducting the prevailing FSM sales charge, will be used to buy into the fund which you have chosen to switch-buy, without any lag time. This transaction is equivalent to placing a buy order using the Cash Management Fund.
You may also place an inter-switch order to switch your unit trust into the Cash Management Fund. The entire sales proceeds of your unit trust sale will be used to buy into the Cash Management Fund, upon receiving the sales proceeds of the fund you have chosen to switch-sell, on the settlement date. There are no sales charges in doing so. This transaction is equivalent to placing a sell order and selecting the Cash Management Fund as a redemption method.
Do take note that an intra-switch is not allowed for cash management fund. Please refer to the correspondent fund prospectus for more information.

https://www.fundsupermart.com.my/main/faq/0...t-Fund-2-9718#3

A few pages somebody was asking why this thread suddenly so active with newcomers. As for me personally, it was because my 1 year FD matured and I needed to do something with it. Stocks was too complicated for me, so UT funds it was. 2 days in, 0.51% portfolio growth.

I'm also not a very wasteful person in terms of spending and am a man of simple needs. So yeah all that extra monthly money, better to put it into investment rather than sitting in my bank account.

All the best to everyone here. My personal goal for this one year is to see 8-10% growth in my portfolio at least. Hopefully all of your targets are met and here's to a good 2017 from an investment perspective!

just becareful.....few forummers here are known to have published their few years annualised returns of less than FD rates.
anyway hope yours are NOT the same as them.
HAPPY NEW YEAR and may the odd be forever be with you!

Franky gave me RM 1,000 to buy into stock market. In exchange I gave him 1,000 units. After one year, that sum grew to RM 1,100.00. His NAV will become RM 1,100 divided by 1,000 units equals RM 1.10 per unit.

I decide to distribute RM 150.00 back to him. RM 1,100 less 150 equals RM 950.00. Hence his latest NAV is now RM 0.95 per unit after receiving that RM 150.00.

But he gave me back that RM 150.00 and Franky told me to reinvest that amount into that same fund.

Hence I use that RM 150.00 and convert it back into units at MYR 150.00 divided by 0.95 (NAV) equals = 157.89 units.

Now, Franky has 1,000 units from his original investment plus another new 157.89 units; his new total units equals to 1,157.89 units.

This 1,157.89 units multiply with RM 0.95 NAV equals RM 1,100.00 in total.

So Franky realised that before distribution, his total unit trust is valued at RM 1,100.00 and total units held is 1,000 units.

After distribution, his total unit trust value is also valued at RM 1,100.00 and total units held has become 1,157.89 units.

To put it plainly, even his units has increased which gives him a "shiok sendiri" feeling.... his total value is still the same before and after distribution. Hence Franky should realise by now distribution does Jack Sh1t.

Xuzen

Because I understand how UT works already (thanks to you guys!) but am still figuring out how the stock market works. So I thought maybe some folks here can tie the two together and give a well rounded answer as to how dividends differ for UTs and shares. In my mind they are different but I wanted to confirm the fact.

I also wanted to confirm my thinking that a stock split functions in a similar way to the Unit Trust dividend methodology (that gets reinvested of course) - meaning, in both cases your total shares/units increase, but their individual unit price decreases...leading to a total net zero returns pre/post dividend/split respectively.

Just some questions here, I am actually looking into a fixed income funds that could provide me around 6% annual return. But upon clicking the recommended fund list, "RHB Emerging Markets Bond Fund" seems to have a nice chart that provides an average 10% PA with a balanced risk rating of 5.

While "RHB Asian Income Fund" provides a 7.93% projected annual return at a risk rating of 6.

Does that means taking "RHB Emerging Markets Bond Fund" is a better choice since it has lower risk with better returns? And they don't seems to implement any sales charge for it as well.

But considering it to be under the fixed income category with a balanced risk rating, it is recommended to place on it? Or any suggestion? Since my other option is just place it into FD.

you are placing in MYR, and this MYR will be converted to the currency of the target funds.....
the reverse can also happens to the MYR, thus there is a risk of negatives returns since to some analyses, MYR is now too undervalued...

buy with the money that you can afford to lose....
you need to diversify, just diversify in the % that you can afford to lose "if" the happens RM recovers