Public Mutual to launch Public China Ittikal Fund, Promotional period from 20NOV-10DEC
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 Dec 5 2007, 08:56 PM
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#1
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Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore   
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So conclusion, is this china ittikal fund got petential growing and held return???
This fund is actually like a portfolio handle by professional to help us to invest right?? Is it possible to make losses?? For eg liek i invest 2200 and return 200 let say... Plan to invest in this fund but not sure what is it....  |
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Dec 8 2007, 04:59 PM
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#2
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Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
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Hi, i got something to clarify regarding this fund...
Let say i invest liek this: Min initial invesment is RM1k then min monthly additional RM100 The fund is count in 0.25 per unit right? then if the ittikal fund starting is 0.25 then after 1 month increase to 0.26. means the previous investment i earn 0.01 correct?? then when i invest the Monthly RM100, it count is RM100/0.26 isit? If liek this that mean my monthly investment become lesser unit.. Is it count like this?? If yes that mean my return not that high it is possible the next week the share drop to 0.25 again... means i make loss for the previous additional monthly installment of RM100... Correct me if im wrong.. |
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Dec 8 2007, 05:42 PM
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#3
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Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
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QUOTE(tkwfriend @ Dec 8 2007, 05:04 PM) if not mistaken it will average ur price. so when price go down buy more when price up dun buy... 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??? QUOTE(David83 @ Dec 8 2007, 05:09 PM) Correction ... it'll be 6.5%. Anyway what is DDI and SI???Do submit a DDI or SI too in order to enjoy future SI to topup to your fund at reduced service charge of 5.45%. Added on December 8, 2007, 5:48 pm QUOTE(beginner @ Dec 8 2007, 05:38 PM) the method where u first invest RM1000, and top up RM100 every mth is called dollar cost averaging. Sorry not very clear with the average... I do an example as what i said just nowhttp://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 initial RM1000 and monthly RM100... we exclude those service charge and mgmt fee.. initially i got RM1k/0.25 = 4000 unit then the 1st month if price goes up to 0.26 the RM100/0.26=384.62 unit Then then then??? dunno how to averag...  This post has been edited by shanelai: Dec 8 2007, 05:48 PM |
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