Yes, it will definitely be a big hit, but with such a small size, it will be full very soon and most probably the fund manager is going to close it.
China market is very volatile now, and it is not wise to move into a market that has been moving upwards the last 2 years. I am not going into this fund because it is too concentrated.
I prefer an exposure on China markets, but not concentrated.

It relies too much on China equities, so the investment is very concentrated and focused.
I prefer an investment in a variety of markets, so the fund managers can adjust their portfolio accordingly.

Correction. I believe China market has grown too big for its size.
We cannot just say it will be one of the best funds, just because of PCSF.
You must remember, past performance is not an indication of future performance.
Times change, and tides change

Sorry to differ from your opinion.
By looking at your reply, I am quite sure that you know very little in unit trust.
Sure, you could look at the past performance for a rough idea of the funds, but does it mean that the future of the markets will be as good as the past? Can you be sure that the performance in 2005-2007 to repeat itself?
Most of the markets are just below their respective highs, so how much more can the market go?

On the matter of fund size, the more units being offered, the more fund managers can diversify the portfolio.
If you have just a small number of equity, how can you ride the wave?
As an example, with the price of CPO climbing higher now, is it wiser to have a larger oil palm estate, or a smaller oil palm estate?

Sorry again, but I think you need to do more research before stating it here.
If you ask anyone here, I don't think many will agree with you

Regards

China Ittikal fund will be launched on 20th November 2007.
The prospectus will be available after 16th November 2007.

Official launching will be on Tuesday (13th November 2007)
Prospectus available since 9th November 2007

I think you can get the past NAV from FP advisor?

You got the incorrect concept my friend.
It is not the same as stocks, where it is based on market demand/supply.
The NAV of each fund is based on the performance of its portfolio.
Each of the funds will have a set of stocks that it invests in, so the NAV will fluctuate in proportion to the movements in price of the stocks.

You do not notice the management fee because it is deducted from the NAV daily, and normally is very small portion, subject to a minimum of RM18k only

Actually, dollar cost averaging has to be practised long term for it to work.
It is not averaging down on your price, but it is actually lowering your average cost AGAINST the market average cost during the same period.
You can look for an agent and they will explain to you with diagrams, so it'll be easier for you to learn

Of course it isn't the best, there are always other methods available.
But this is good enough for being as passive as it is

Really record breaking for PM, way to go

If you switch using the switching form, then you do not need to have an existing account in this fund.
If you are switching using telemutual, then you need an account first

It is not that the fund is unstable. It is mainly because global equity markets are on a downtrend.

One thing for sure is, your investment won't be obsolute
Currently, we're experiencing some volatility, so we should bear with it.
It is not something that will go on forever, and I'm sure before you invest in any funds, your agent would advise you for at least the medium term.
When will the fund appreciate, it is a matter of time. It will depend on the market itself.