Public Bank ---> PB series

Public Mutual ---> Public series

Fund Manager for both series is still Public Mutual.

Hi fellow sifus,
Just want to start a discussion... What are your thoughts with PFECTF and PISTF. With others that are established with good / bad track records, would juz like for a analytical comparison... I've been looking through the prospectus but still have limited knowledge how to interpret how they allocate the funds to invest.

Cheers bros!

PFECTF is a Far-East fund, and it is investing in consumerism. The countries included are Malaysia, China, Hong Kong, Japan, Korea, Taiwan and etc. So the performance will depend on the consumer spending in those countries.

PISTF is a local Islamic fund, investing in small- to mid-cap local companies with market capitalisation of RM6 Billion or less. The performance of this fund will depend on the performance of these companies in sustaining their profitability.

Cheers bro, that lights up some sense for me So basically it all really depend on market conditions... Predicting is really hard at this point of time eh?

Definitely, as we're not qualified market analysts.
So, there is no way we could predict the market.
What we can do is enter when conditions meet our target.

Seems like KLCI and local funds do not get any boost from general election especially on GLC counters.

Election already boost the KLCI to 1513 last 2 months...when the date of election is announced, the effect of election to share market disappear...this is normal...

I always thought investing in consumerism is the best, because no matter how bad the economy is, people still need to carry on with their daily expenses (e.g. pay for food). Additionally, most youngsters will still visit their local Starbucks and McDs regardless of the economy, yeah ?

That's how I think lah.

Yes, in economy slowdown or recession, consumer related industry is less affected, but still will be affected, just degree of slowdown is lesser compared for the like real estate, industrial etc.
It is not totally far from being affected, just degree is lesser, that's why they call consumer related industry is more defensive in nature.

But when economy flourish time, those real estate industry etc will have more upside potential than the consumer industry.

It is a trade off, everything got pros and cons one.

From what been reported, foreign fund manager have been selling off especially on the big counters awaiting for the coming GE. Hence the tumbling of KLCI.

If the result of GE is unfavourable (i.e. BN did not have landslide or 2/3 majority...) the drop might continue.
Some analyst said usually after GE, KLCI will have some rally up....judge your own

I bleed like crazy over PCSF... haha

Haha...i just diligently doing my monthly top-up on this fund...n let it be for now

Me too. I have lost nearly RM18k+ (as of yesterday's closing) in PCSF but I'm still topping it up progressively

I'm already numb with the volatility of the market. Few days up, Few days down

oh, so means if i go inside public bank, they will sell me the public mutual fund ?

If you go inside Public Bank they will sell you PB series funds. No need agent

If you wan to buy Public series, you need to find agent

this is what i was also told by my agent...look at see after GE

DJ MARKET TALK: KLCI Down 2.5%; 1270-1275 May Offer Support - 2008-03-05 07:08:00.0



0708 GMT [Dow Jones] KLCI down 2.5% at 1280.95, as foreign fund selling pressure continued to weigh across all sectors, coupled with recent market downgrade by CLSA, dealers say. Volume traded thin at 469 million shares changing hands, with decliners outpacing gainers 688 to 66. Bearish sentiment triggered by subprime crisis in U.S. also raising concern global economic growth may be affected from ripple effect of slowdown at the world's largest economy. Dealers say KLCI may extend losses, possibly fall to around 1270-1275 range in late afternoon trade. KLCI March Futures contract now down 17.5 points at 1269.5, or 11-point discount to cash. "The report card on Malaysia so far hasn't been favorable and it's best to park our money outside the country for a while until the government shows a more pro-business environment," says fund manager at foreign house. Among biggest decliners, Bumiputra-Commerce (1023.KU) down 2% at MYR10, Sime Darby (4197.KU) down 1.8% at MYR10.90, and IOI Corp. (1961.KU) down 4.5% at MYR7.45. (ALE)

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Added on March 5, 2008, 5:52 pmPNB is selling Sime heavily ( PIDF's stock ) , check the form filing today.

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Added on March 5, 2008, 6:13 pm FDI OR FOREIGN DIRECT INVESTMENTS come in Malaysia in record numbers last year. But sad to say , many still pending approvals for implementations. not " Pro Business " right ?

Just for sharing purposes.

This post has been edited by SKY 1809: Mar 6 2008, 09:02 AM