can anyone tell me how is the Amanah mutual fund vs public mutual fund? what is their performace? which one offer better return?

for public mutual fund, you can find the data here
http://www.publicmutual.com.my/application...formancenw.aspx

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Added on July 25, 2011, 10:46 pmI found that Kenaga Growth fund is no worse than Public Growth fund in terms of the returns, while fees for PGF is 5.5% and KGF is 2% through fundsupermart.


This post has been edited by jtleon: Jul 25 2011, 10:46 PM

Fundsupermart.com is getting popular now

FundSupermart's good on the surface so far. I've still yet to get my head wrapped around their SWITCHING of funds, intra-fund houses & inter-fund houses . Anyone here can crystalize it? I called them and i'm still blury (IQ not too high, what to do)

The other part is unsolvable - OSK's behind it heheh (look @ the recent debacle on DRBHICOM)

i have no experience with FSM Malaysia, FSM HK is doing a good job..consistanttly offer Equity Fund @ 1% and Bond Fund @ 0%, and provide free switching. Meaning u can get any equity fund at 1% (with the advantage of switching). Better to become a PM agent...in terms of cost for equity fund investment

ooo talking about that, my upline responded last night. Sorry ar - tiedup cow cow. Your earlier item, he'll support U cow cow either way (ie. he as yr direct or indirect)

wanna ask about an investment plan Great Eastern - Great Cash Wonder

my mom was approach by her friend about this... she planning to invest on it... but how do i find out whether its genuine or not? since from the link it says ends by 15th July or 100M whichever comes first... the agent is asking her to sign tomorrow as she say its limited time... and the quotation she printed sate "Great Cash" instead of "Great Cash Wonder"...

the policy is not cheap as first year need RM 52,400 and same for subsequent years for 5 years... so i dont want her to get conned or something... any help is much appreciated...

PS: i have no scanner now so couldnt scan the quotation. Will do it later...

erm.. right off the bat, i'd say it's more of an Insurance thing - if U calculate the returns per annum, it's kinda miserable (mental calc - too lazy to Excel-ize it ). If you / yr mum's looking for that - great. Else.. erm, yr mum may be better off doing other things with the cash. Keep in mind - (lockedin period VS minimum returns (for sure get) + maybe get) VS FD VS REITs VS Stocks Vs. etc if she's not into insurance reasoning.

This is Insurance Endowment Plan. Your mom can just spend little premium (lower premium for high sum assured) for income replacement insurance (example: Investment-Linked Policy/ILP) instead of this one lump sum big amount of premium (RM52.4k, the sum assured is low in Endowment Plan compare to those Sum Assured in ILP). The remaining of money can invest in other investment tools instead solely on this endowment plan. The allocation for the insurance is very low in the first few years, most of premium goes to the company's.

Many insurance companies have similar investment fund. My wife used to work with AIA so I know. If your mom has such extra money in FD, then this would definitely be a better option.
A few things that you shall clarify though:
1. is the 5% return guarantee or projected?
2. Is there any early termination (20 year term is very long)?
3. What's the coverage? It shall come with life insurance.

Thanks for the input guys... below is the illustrated quotation given... im really clueless in investment and my mom suddenly only tell me she wanted to go for this and signing tomorrow... so i have no time to research and your input would absolutely affect my judgement...



im noob at investment... calculate using what i see only... agree with you... i should discourage her for it then... its actually her spare cash in her FD that has already mature... i dunno why but the FD she placed in only gain <1% after 5 years... so shes taking it out...

ya true... shouldn't place all eggs in one basket... but she sometimes quite stubborn... since the agent is her friend, she believe everything she says... any strong argument to use to keep her out of this plan?

1. it stated its guaranteed
2. according to my mom when she asked the agent, it can be terminated early
3. think its optional

This post has been edited by mango27: Jul 27 2011, 12:44 AM

Aiya bro, if it's her bestest friend and yr mum wants her bestest friend to enjoy 5 to 6 years of yearly reducing commissions (usually for life insurance lar, unsure this exact one), ok mar. Spread the wealth and help the country's economics

Ok ok - back to reality. Sometimes our parents' decisions seem illogical to us. What to do - their perception is not our perception. Most important thing is - does she need the $ to live on + is it your $? If no to both, aiya, just chill lor coz even if she doesnt put it there, U are not well versed enough in other vehicles to allocate & manage the $ mar. Not everything needs to be optimized or efficient-nize Right or right?

This post has been edited by wongmunkeong: Jul 27 2011, 06:05 AM

Well, if the return is guaranteed and the capital is protected against early termination, then I see no reason why you shouldn't go ahead with this investment.

No doubt UT, Gold and Stock could yield better return but the risk of loosing your capital is also high. My mom for example only believes in FD.

1. How can you mess up your FD and get <1% after 5 years? Unless what you put in is a savings accounts and/or capital protected products . Now FD is min 3.00% p.a. For longer term ones, you can achieve up to 3.7% p.a.

2. For the plan above you deposit 262,000 in 5 years and then mature at 20 years with 435,553, you will get roughly an annual return of 2.6% compounded interest. However if you take option 3, lump sump, then the rate will be 3.86%.

3. IMHO at the calculated rate above, if you are interested in the 'guaranteed' yearly payment, might as well go to get a long term FD done and get better rate. Then if you are interested in lump sump, it is only ever so slightly better than FD, but with commitment of 20 years. Then I suggest that you invests these money in a PNB fund (AS1M, ASW) to get an almost guaranteed 6-7% return or put in a nice reliable bond fund with an average return of 5%.

4. If you are nice to WMK, I am sure he will be happy to guide to purchasing a suitable bond fund.

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Added on July 27, 2011, 9:34 amYeah, but FD yield better, and is more flexible with no 20 year commitment. Still want to go ahead with this investment? Calculate before you make decision.

This post has been edited by gark: Jul 27 2011, 09:34 AM

This endowment is having 5% p.a. leh, which FD pays higher interest than this? However I do agree on the long commitment though. If you still get back the 5% p.a. on early termination, then I don't see what's the problem. However if you don't get a single cent of interest if you terminate the policy after 5 years, then jia lat loh.

You need to calculate, the 5% portrayed is basic sum assured and NOT interest. This is currently the No 1 tactic to mislead the masses.

If it is really 5% effective compounded rate the RM 262,000 will turn to RM695,194 in 20 years. Do we see that here? No wonder so many people are easily misled by these so called 'guaranteed' savings 'fund'.

This post has been edited by gark: Jul 27 2011, 10:07 AM

That's how the kamsau companies and agents sucker us "con-sumers" daily lor. Have to be better at numbers - statistics never lie, it's how they are used that IMPLIES wrongly to people unaware

not everyone as kind as you to contribute to the economy as such
ya she is not in dire need of the $ but its still $ nonetheless... last resort is she store the money in my gf's ASB saving account... we're not bumi but my gf is... the only risk is once put there legally its not my mom's money anymore... very BIG risk...

1. I really have no idea how she messed up her FD thats why need advise before she do another investment...
2. your figure has helped me convinced her to not sign it... thanks
3 and 4. Like i mentioned above, last resort is my gf's ASB savings... but if WMK willing to teach me a bit i would be glad as well... I'll ask my mom to look into PNB as well..

thanks again guys... now i just need to read a lot regarding fund investment then

Gark, you are correct.

RM52400 annually for 5 years in 3% p.a. FD will yield RM347290.
RM347290 for another 15 years in 3% p.a. FD will yield RM541066.

huh, how do count? 3% PA after 5yrs will bring RM60746