China, currently the world's fourth largest economy is set to become the world's next economic giant. Both Hong Kong and Taiwan are the potential beneficiaries of China's strong economic growth. The new Public China Ittikal Fund is an aggressive Shariah-based fund designed to capture the vast opportunities of the greater China.

- A minimum of 70% of the fund's net asset value (NAV) will be invested in the greater China region, namely Hong Kong, China and Taiwan markets.
- The fund can also invest in China-based companies listed on overseas markets such as Singapore, the United Stated of America and other approved markets.
- Equity exposure: generally range from 75% to 90% of its NAV.
- Launched at NAV of RM0.25 per unit during offer period (20 Novenber 2007 - 10 December 2007).
- Suitable for investors with aggressive risk-reward temperament.

*Promotional service charge of 5.45% of NAV per unit during offer period

This post has been edited by beginner: Nov 18 2007, 12:23 PM

i think otherwise, maybe they will keep increasing the size of the fund like what they did to far east property&resorts?

seems like Public bank is very very very busy launching new fund lately,
every 3 weeks got new fund, once a promotion for a certain fund ends, another comes up, and PB and Public are taking turns. currently lagi keng, two funds launch together, Sector Fund and Islamic Sector Fund

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Added on November 10, 2007, 3:37 pmkawan, whats DDI?

This post has been edited by beginner: Nov 10 2007, 03:37 PM

YES, increased several times.

http://financialpath.blogspot.com/2007/10/...than-rm850.html

latest of which approved size is 8billion units, subscribed at about RM1.4billion(~5billion units)

yes. top up minimum RM100, thats the standard amount for pubic mutual funds

if a person is looking at long term invest 5-10yrs, i think China is a very very market to invest in especially when ur money if managed by professionals. but if u wanna speculate 1-2yrs and cant really take heavy losses, then better stay away from this gold mountain lo.

past performance is not an indication of future returns, but it definitely serves as a reference as in how gd the fund managers are at managing that particular kind of fund of that particular market. as least i think so, hence i always take past performance as a guideline before i start investing in existing funds.
and for me, i will not make the call of whether or not the current market is at its high as i, myself initially thought that china is already at its peak, but walla, after 3mths my PCSF gained more than 25%.
bigger fund size = can do more things, so everyday i pray more ppl invest in the current funds im holding, for one, it shows ppl have confidence in the fund i invested in, two, fund manager got more money to do what they want to do.



seems like end of NOV is not mistaken. personally, im still considering of whether PCSF better or buy the new fund better, somemore got china pacific fund. 3 way junction, where to head to?

PCSF 0.2702 0.0114 +4.40%
yes very volatile indeed




This post has been edited by beginner: Nov 15 2007, 08:44 PM

advert for China Ittikal fund is out, promotional period from 20th NOV to 10th DEC

judging from the current situation, i think it would be wiser to chuck your money into PCSF rather than going into new funds investing in the same region, cause the PCSF already has an existing portfolio and u can buy in at a mega sale price.

what about you? you're are considering this fund?

china's govn is already trying to control the bubble by increasing interest rates, and there are rumours saying that there are more to come. so hope for the best... i think china govn will try its best to drag any major correction(if any) after olympics, cant imagine what will happen if recession comes before oylmpics.

i think funds are only divided into three basic categories (i think PM could have done better in this matter, seems like their prospectus are not standardised, some use aggressive some use high risk)

low risk(conservative)
medium risk(moderate)
high risk(aggresive)

most low risk funds are bond funds, fixed income funds
most moderate risk funds are balanced funds
equity funds are usually classified under aggressive category


need more info on what?

i totally terbalik with u, i look at china funds as very long term investment as i believe that in the long run(>5yrs) investment in china will never go wrong. cause in terms of growth, i think china has got to be one of the top countries(as well as india).

http://www.publicmutual.com.my/page.aspx?name=PBFI

i didnt mention it will provide fixed income, did i?
fixed income funds refers to bond funds, to me .
as bond funds invest in fixed income securities hence termed as fixed income funds(maybe there is a confusion here with the way i termed it).

This post has been edited by beginner: Nov 21 2007, 11:42 AM

i think u need more information on unit trust first, go here and read up for some basic info


unit trust can make money and also lose money, if u invest 5k, market is good you will end up with >5k, but if market is bad, then u end up with <5k. but in the long run, >3yrs, usually u will get back >5k


if u need capital guaranteed funds, look here
http://www.maybank2u.com.my/consumer/onlin...ices/aseq.shtml
http://www.pbebank.com.my/en/en_content/images/pborient.pdf
https://www.cimbbank.com.my/index.php?ch=ba...5&tpt=cimb_bank

those above are only few examples of capital guaranteed funds provided by local banks, there are more actually.
and these capital guaranteed funds only guarantee capital protected upon maturity, means u have to put ur fund inside for a certain period of time to ensure that u dont lose any money.

but that one is not quite visible to us.

actually i did think of when is it that they deduct the management fees?

does it mean when the accounting period end means it will have some minor adjustment, for the management fees.
but so far like nvr notice such thing, thats why a bit curious here.

the method where u first invest RM1000, and top up RM100 every mth is called dollar cost averaging.
http://beginnersinvest.about.com/cs/newinv...s/a/041901a.htm
very good method for investors who doesnt want to spend much time(or any time at all) to monitor their investment.
when market high, u get less units per ur investment amount,
when market low, u get more units.
so your average buying price will be the average NAV of the unit trust.

if you use this method, u dont have to worry about buying into china fund at 29cents and waking up the next morning see it plunging down to 26cents. hehe

just switch if that fund is public series. only need u to fill in a form, thats all.