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Public Mutual, PM/PB series fund
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kmarc
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 Jan 4 2010, 07:26 AM
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The future is here - Cryptocurrencies!
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QUOTE(wodenus @ Jan 3 2010, 11:20 PM) You're brave. Our worst drawdown so far has been a little less than 10%. Like I said, it's boring lol, not 30% in six months or anything  I remember KNM and Sime and Uchitec, that was in his portfolio as well. We pulled out just before the crash. His point was made, there wasn't any point in going on. I don't even remember the profit. All I remember was the hassle, the panic, the uncertainty of it all. Good for you then. I might be in mutual funds given the right time and opportunity, but probably not directly in the stock market. It's crazy to have to wait ten minutes for something to match. Nope. I don't consider myself brave. Since I was a noob, I didn't have a stop-loss strategy as I thought that fallen stocks will eventually go up. However, LCL had so much bad news and after discussing with our LYN forumers I decided to cut loss. Brave, definitely no, lucky, YES!!! Through it all, I didn't have any worries or sleepless nights as I was fishing at the bottom. I don't understand what strategy your friend employed but "matching" sometimes takes the whole day, or even no match at all!!!  |
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kmarc
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Jan 5 2010, 04:41 PM
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The future is here - Cryptocurrencies!
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Just bought into PM smallcap fund. Planning to buy regularly every month too. Hope it does well! |
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kmarc
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Jan 5 2010, 07:56 PM
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The future is here - Cryptocurrencies!
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QUOTE(xuzen @ Jan 5 2010, 04:58 PM) PM SmallCap is one of the good one from PM. I am eyeing too. But I find that the price has gone up tremendously recently. I am putting my money into the bond funds, waiting for some correction before switching over. Xuzen Yeah, the price is a bit high at the moment. QUOTE(gark @ Jan 5 2010, 05:56 PM) Well congrats, for me I am going to slowly liquidate 20%-30% of my holdings before CNY, capture some profit first and then wait for better opportunity in mid 2010.  Errrmmm... are you doing that online? If you buy in again, you'll be charged the 5.5% again wor...... |
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kmarc
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Jan 5 2010, 09:58 PM
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The future is here - Cryptocurrencies!
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QUOTE(gark @ Jan 5 2010, 08:17 PM) Nah for Public Mutual I am not doing it online, but for my other UT's yes I am doing it online. I am switching over to safer loaded stocks (balanced funds), and for my other cheaper UT's to bond funds, which I plan to switch back to full equities after the price is right. That way i don't need to pay the initial charge for PM and minimal charge (~1%) for other UT's Hmmmm, interesting. For a small fry like me, I can't switch my smallcap fund to other funds, can I? |
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kmarc
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Jan 6 2010, 03:16 PM
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The future is here - Cryptocurrencies!
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QUOTE(gark @ Jan 5 2010, 10:11 PM) Why not? If you refer your PM prospectus right, page 31 you can see all the switching charges and rules. It will cost you RM 25 (free if you are mutual gold) to switch to another loaded fund, so you no need to pay the 5.5% again. Switching is extremely useful for UT, either to re balance your holdings or play your UT like share market.  I am surprised that your UTC never mentioned about switching for you, which is an important strategy for UT.
Added on January 5, 2010, 10:16 pmI am think i have enough gain liao, been holding a big bunch of UT since Oct-Nov 08. Anyway i am switching gradually, so can gauge the market conditions. Looks like you are pessimistic on 2010 as well eh? RM25 for each switch? Hmmm... not bad ma.... Nope. My agent never said anything about switching. I haven't receive the PM prospectus yet. Will read it when I receive it. |
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kmarc
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Jan 6 2010, 06:57 PM
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The future is here - Cryptocurrencies!
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QUOTE(gark @ Jan 6 2010, 05:25 PM) Now internet age can get the latest prospectus, audited accounts and monthly factsheet online already leh  . No need wait for hard copy to be delivered. PM Prospectus (Latest)Oh, that's the prospectus. I downloaded it yesterday but already deleted it!  |
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