does anyone knows how long it takes to process the Public mutual online application form? i have submitted my form in PBB till now no news yet

---

Added on July 26, 2009, 11:22 pmi used to be a public mutual fund supporter, and i am a Mutual Gold member. But i already stopped buying due to the high entry fees (initial charge) of 5-5.5% for its equity/balance fund. Now there are many online mutual fund companies that offering at 2% or less for initial charge like www.fundsupermart.com.my, my question is will P. mutual lower down its initial charge soon?

another option is to invest in ETF like products, very low entry fees and annual management fees

This post has been edited by cheahcw2003: Jul 26 2009, 11:22 PM

Snowcrash, mind to share what funds r u recomending from fundsupermart.com?

True, in the matured market like in USA/HKG/SG, the initial charge is not as high as PM's. most of their initial charge are less than 3% for equity and less than 2% for bond fund.

Besides PM, there are many other options available in the market now. Try to buy via CIMB Clicks or fundsupermart, u will get good rate, their equity fund initial charge is less than 2.5% or less.

PM Far East series have very good return for the last 6 months period. worth to try

I have gone thru the PBB website and found out the following info:

If you are a Public Mutual Unit Trust holder, you can pledge your funds as collateral to obtain additional financing for your personal use.
UNIFLEX offers:
•Flexible financing for Overdraft, Fixed Loan or a combination of both.
•Financing from RM10,000 to RM500,000.
•Competitive interest rates.
•High margin of financing.
•Loan tenures of up to 10 years.
•Minimum documents required.
•Fast Approval

is anyone knows about this products, what is the interest rate like for both OD and TL? what is the margin of finance?

am not using the loan to invest, just want to pledge the existing unit trust that already invested and get the OD for standby basis.
The current OD under UNIFLEX is BLR-1%, can negotiate for better rate if the amount is substantial. Will only invest using the OD if i expect the return is better than the cost of fund.

Yes, this is what i know from PBB damansara uptown branch, if u can find any investment with the return of >4.5% (like ASW, ASM) then u r better off.

i think the cost is very minimum, they might have small processing fee of around 50-100ringgit, stamp duty of rm10, no need legal fees as it do not required any legal documentation, just need to sign up the Memorandum of deposits....to find out more, can call up PBB. i will do it soon.

Probably u have achieved the elite status by investing > RM500K in the equity/balance fund. I have been a Mutual Gold members for years, and never get the invitation....hehe... Heard that investing in low loaded fund like Bond/Money Market Fund (even exceeded RM500K) is not qualified for MG Elite.

wow, incredible....6 folds gain, meaning if u invest rm100K initially, now u have rm600k? the only way of i can think of is switching between the fund according to the movement of the market, but 6 folds gain is fantastic, mind to share how u do it? I have been with PM for the last 10 years, i only able to double up what i have invested in 10 years time, not 6 folds.

in my opinion, u shd opt for those funds that do not distribute dividen but to accumulate the earning to the next financial year, so you will see th appreciation in the unit price. This is because any dividen payout will subject to 28% company tax, only PNB funds got exemptions from paying tax, all other private funds are subject to company tax.

http://my.morningstar.com

you can compare all unit trust performance available in malaysia

yes. any new/additional funds that u invest via PMonline, the commission will still goes to the agent.

IMO, switching means u switch from Fund A to Fund B within the same fund house. Some company like Fundsupermart allows free switching between different fund houses (inter-fund house). Transfer means u transfer the ownership of the fund to a 3rd party...

if the fund is benchmarked against KLSE performance of course when KLSE index improved, the fund price will be increased also. say equity/balance funds. If the fund is Money market or Bond fund then there will be no correlation on the movement of KLSE index. Hope this answer your question....

Bond fund catagory

if i were u i will opt for Bond fund, the return is better than MMF, and bond are also stable and porfolio are widespreaded in many corporate/government bonds.

Maybe u can buy other equity funds since u already have china fund in your basket. If you are a risk taker, u may consider Public Mutual Far East Proeprty & Resort Fund (which invest in REITS and properties company). If u put in RM100 1 year ago, u will get RM200 by now, nearly 100% return. IMO, Property market in Far East is still doing good. If u are not a risk taker, can try the balance fund or bond fund.

I agree, the historical performance is just a reference. Miss Vandoren asking about our opinion, and i told her mine.
The peformance of PMFEPR fund has been slowed down recently, but as other said, high risk high return. To my opinion, It is a good fund to diversified on top of Malaysian equity, bond and money market funds.

it depends on what kind of fund r u buying, if u buy Bond fund, what u said is correct, with the accumulated dividend u can see the power of compounded interest after certain period of time.

But for equity funds, u still need to monitor them, the rule of thumb is to buy low and sell high. In order to do it u need to do switching from equity to bond to park the profit when market is at its peak, and to do the otherwise when the equity market is shrinking....some of the forumers here, if u refer to previous postings, can make 10 folds return in 10 years by using the switching technics. On the other hand if u keep the same equity funds untouch for the last 10 years, u may not get 10 folds return, probably only double up your initial investment.

The key things is u can't time the market, nobody could, so u need to set your target return/ cut lost target.