waht do u thing abt local funds?
waht is ur investment objective/plan?
u prefer capital grow or annual income?
ur risk factor?
any emergency funds u prepared?
ur age?

My personal view,
Balanced fund is rip off in term of service charge.

Balanced fund normal consist of 50:50, or 60:40 between bond and equities.
While balanced fund has service charge of 5% as same as equities fund. While bond fund service charge is range from 1%-1.5%.

If you invested 10k in balanced fund, Rm500 gone.
If you split it yourself and invested 5K in equities and 5K bond fund respectively, RM 250 + RM50 = RM300 gone.
While you can have the same effect of the balanced fund portfolio, of 50:50 bond:equities.

Generally, balanced fund is not going to perform better than equities generally due to bond portion that drag the performance, if market doing good time, why pay more or same with equities fund for a balanced fund.

I concurred with cherroy. It's better to them separately.

cherroy

Hi, i just told my agent to invest RM500 every month in Public China Selective Fund(PCSF), which is high risk, they say it will earn at least 70% for sure within 14years?

Issit like if i choose high risk, it must be long term? If i aim for short term, then choose moderate right?

My friend is going to submit the form tomorrow to public bank, any high risk fund is better than PCSF within 10years+? Im looking for long term+ high risk. Thank

This post has been edited by JeffreyYap: Jan 11 2012, 12:05 AM

PCSF 70% in 14 years? simple maths 5% per annum. What a good friend you have there LOL

Then pls verify

go verify with your friend since he the one who told you. btw 5 x 14 = 70. LOL

i mean the 70% is let say i invested 100k, i can get roughly 170k in 14years. And my friend is not so close, so i don't know he is telling lie or not, thats why i ask u to verify. tq

This post has been edited by JeffreyYap: Jan 11 2012, 09:48 AM

Bro, no one can tell U or verify the future (70% in 14 years).

What lunchtime is pointing out, i think (pls correct me if i'm mistaken ), is the fact that a simple average 5% ( 70%/14yrs not compounded summore) returns a year, isnt a big deal. Most bond funds' long term average is 4%pa to 6%pa COMPOUNDED (CAGR) - without the risk & psychological pains of fluctuation of an Equity Fund.

This post has been edited by wongmunkeong: Jan 11 2012, 09:58 AM

did u read the fund prospectus and fund review and the fund financial report?

No, i not even know these lol, i was told by my friend to join UT, they said they r investing in PCSF too, so i follow

Neither you or your friend have crystal ball, so you cannot predict what will happen in 14 years. If lets say hypothetically, China went back to Communist ways and kick out all the capitalist, then what happen? 14 years is a long time.

BTW, most Malaysian funds (PM included) have very bad performance in China related investments, almost all of them cannot beat the benchmark. Real benchmark ah, with dividends reinvested not the static Index benchmark that most fund houses use.

This post has been edited by gark: Jan 11 2012, 10:07 AM

Please suggest one that is good to invest? If i'm not mistaken, India fund? Thank so much

Basically most of International Funds managed by Malaysian Fund houses all under performing badly vs. benchmark. This is what you get when you don't allow foreign fund houses to set up in Malaysia.

I am invested in DWS China Equity Fund and First State Regional China Fund.

For India.. First State Regional India is a good performer...

This post has been edited by gark: Jan 11 2012, 10:14 AM

Er... under UT management?

Yes..these are UT.. google them.. if you want to know more.

Thank bro. Anyone know what funds are under "promotion" now?

This is bullsh*t already, no offense.

Nobody has the crystal ball to know whether the fund can make profit or loss even after 14 years, let alone to say 70% or what %.

let say i invested 100k, after 14years, maybe get about 170k. i'm so sorry for my noobness

This post has been edited by JeffreyYap: Jan 11 2012, 10:38 AM