Ya ler. PRSF a lot of people recommend

I dont think PITTIKAL will be opened so soon. I think most probably when the market down turn for a while then, people will start to cash out from it. The important questions that we need to figure out is:
1. How strong is the correlation between DJIA and China to our KLSE?
2. How strong is out economy fundamental and outlook?

If both turn out to be positive, I think local PM funds can perform also.

In fact, you can call to PM to ask for your account number instead of waiting them send you statement.

I went to PM branch to check. They said not yet. They said the system will usually show faster by 3 days before the mail reaches the user

06/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.

Hmm, so nice to see my funds are all gaining steadily..
Never regret having them in my portfolio..

Tomoro market might turn red...hopefully not so so red lor

US market is still very volatile. When people tot that situation there calm down a bit, they give u another suprise with -200+ points on Friday

Missed out 07/09/2007

10/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.

11/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

12/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

13/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

Regional funds have been getting stronger with PCSF in the lead in terms of percentage. Not to mention that MYR is getting weaker overall. Cancels out the bearish KLSE effect.

14/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

Haha, how not to get money with UT right..?
Easy money lol..

It's safer compared to buying direct stock but with the cost of 6.5% la

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Added on September 17, 2007, 12:41 pmCan't wait for this Wed result...

This post has been edited by dzi921: Sep 17 2007, 12:41 PM

i've been having this theory for sometime.. perhaps you guys can help me out.

what are the reason(s) for a fund company to keep on introducing new funds?
i know, there're the obvious reasons.. how about the less obvious ones?

have you guys ever thought about a fund company doing intra-trade, intra-transfer amongst their funds?

i got gut feeling that something of that sort is happening.. it's a huge scheme and it somehow relates to why new funds are required..

thus far, it's a theory..

New funds are introduced to keep investors interested..
With the ever growing opportunities, fund managers have to get in the new funds to suit for the situation..
It's also a way to keep the funds recycled, while keeping costs low for new prospective investors..

i find this is quite the standard reply/response you get anywhere..
however, am not sure what exactly you meant by:
1. recycling of funds
2. keeping the cost low

..have in relation to launching of new funds altogether? care to elaborate?

As prices of old funds are already trading at premium, they can keep the cost of investment low to new investors by launching new funds..
Normally the IPO price would be low, thus getting renewed interest by investors..
While new funds are released, the charges are discounted during the IPO period..
When the fund managers see that their existing funds are doing great, they'll launch a fund that mimics it..
So they need the new funds to stock up on more counters..
You don't see many people buying the old funds, because most of the cake has already been eaten..

17/09/2007





KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55