Being a unit trust agent is going out of fashion.

Nowadays, people do it online themselves for a lot lower service charge (like 0.88%, or 2%), rather than pay agents 5.5% for very little added-value.

This post has been edited by howszat: May 31 2012, 10:13 PM

You are actually 1 year behind. PM has actually clocked up 9 years of "Malaysia No.1 performing Unit Trust Manager" now, in 2012. But, but - number 1 in terms of what?

If you look at the different group awards: Bond, Equity, Mixed Assets, Overall -- PM has NOT won anything in any of those groups. In other words, PM is not Number 1 in any of the categories. Not in the individual categories, not in the overall category.

Have a look here for eg: http://financemalaysia.blogspot.com/2012/0...und-awards.html. Here's another source: http://www.theedgemalaysia.com/highlights/...per-awards.html

Note how CIMB has been identified as "Best Overall Fund"? PM actually declared itself as "Public Mutual Emerged as the Biggest Winner for the 9th Consecutive Year".

Not sure where you got the "No. 1" from but one thing is clear - "Biggest" does not mean "Best". And PM is not the best.