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Public Mutual to launch Public China Ittikal Fund, Promotional period from 20NOV-10DEC
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leekk8
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 Nov 13 2007, 10:46 AM
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WinDs,
If the NAV is based on supply and demand, then it will be more volatile and risky. Different funds have different level of risk. Equity fund is high risk, where dividend fund is moderate risk, etc...
If you want to calculate the NAV few months ago where there is no distribution/unit split in between, you still can get it where you have the current NAV and the percentage of growth.
If for longer period where distribution and unit split happened, it's not accurate to look at the NAV.
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leekk8
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Nov 21 2007, 10:54 AM
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QUOTE(kingkong81 @ Nov 21 2007, 09:43 AM) Balanced fund is consider as income fund (though they did not promise annual return) and in Moderate-conservative category. Bcoz 40% is in fixed income securities investment Moderate risk equity fund like PIADF & PDSF, is oso consider income fund, but in moderate risk. there is no fixed income funds. Income funds r those that can give annual income, like moderate risk one & balanced The risk profiling basically depends on the investment policy & objective. Hence, in Equity category, we have high risk like PCSF & PCIF, we oso have moderate risk like PIADF, but both are mainly investing in equity, juz with different objective & strategy. High risk majorly going for capital growth, while moderate risk income fund go for annual income & respectable capital growth Income fund is a quite confused term here. For Public Mutual, many agents categorize funds which are giving annual distribution as income fund. However, for other UT company, this is not. For example, OSKUOB Income Fund is actually same as PMMF, which has the lowest risk. |
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leekk8
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Dec 6 2007, 11:18 AM
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QUOTE(David83 @ Dec 6 2007, 07:19 AM) I'm also not very sure and in the same situation as you. From my understanding, the management fee ratio will be reported in their financial report (they'll send a hard copy to your door step). New funds (or newly launched funds) doesn't show this figure in their website or online prospectus too. Management fee and trustee fee is deducted from the fund everyday. It's transparent to investors, where they charge the management fee and trustee fee before they post the NAV daily. |
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leekk8
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Dec 10 2007, 11:19 AM
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QUOTE(shanelai @ Dec 8 2007, 05:42 PM) huh?? But if not mistaken the monthly installemnt cannot stop paying for dunno how many month, 3 or 6 month i think otherwise the previous investment will be freezed.... What to do???
What you mean by freeze? For this DCA, if you stop to do the DDI (direct debit instruction), your investment is still going on, just you won't add on the money every month. Your investment is still there and generating return. Remember, this DCA is called dollar cost averaging. This is used to average your cost, but not lower your cost. How to average? Then you must consider the price to go up and down. In your example, you just assume the price going up, so your cost also going up. Take 1 example the price going down, then your cost also going down. This is what we call average. |
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leekk8
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Dec 13 2007, 10:35 AM
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QUOTE(kingkong81 @ Dec 12 2007, 09:00 PM) Hmm...mayb d fund manager know there will b a big drop before hand? Since it closed on 10th Dec, start trading at 11th Dec which coincide with Fed meeting. If it is really like that, our fund manager for sure will b grabbing some bargain stocks out there...well this is juz assumption, but if it is real, then hopefully PCIF will fly like PCSF as well. Tonite DJI poised to open in green , after a big drop yesterday. (DJI future +78 at current) Like this, 2mr we might see a recovery. Actually Im quite wondering, do the fund managers start invest once the fund is launched, or they will wait until the initial offering period ends? |
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