Hmm, actually you should have asked BEFORE buying into any funds. That is the right thing to do.
I am intrigued by how so many people can buy into something they don't know, yet saying "I bought Fund X, you think it's good?" Sorry no offence, but as a consultant, my job is to let prospective investors know that they should do their own due diligence before buying any funds.

Anyway, I hope it is not too late for you as the cooling-off period is only 6 days~

In unit trust, you can't do comparison like that. The annual distribution is not stable, as it can go up to 15 sen or even 0 sen. So, if you look at just the distribution at 7 sen now (8.8% DY), so what if there's no distribution for the next FY? Your DY will equal to ZERO. Also, that distribution was paid out based on last year's superbull performance. Since we are facing a little "shake" now, what you think this year's distribution would be? I am suggesting something around 3.5 - 4 sen. So, if you sell to clients by saying "Hey look, our DY is 8%, it is a good buy". Then imagine this year's distribution is going to be 4 sen, at the price of 0.80, the yield is 5%. How would you explain to your clients?

So to put it simply, research on the fundamentals and look into the portfolio of the fund. Make a detailed analysis of the prospects, and then decide if it is a good buy for long term. So when your clients need your explanation, show them your analysis. Then they will trust you more and have confidence in you.

how can i know more about what company the fund is investing on?as far as I can know, PM only list out 5 of their biggest investment for each fund

now public mutual fund dropping? is it a good time buy it at cheaper price? -,-

dont noe maybe i used to work in public bank =.= ahaha

hi guys.. new to this discussion   I have a question regarding mutual fund. I hope any sifoos can give me a hand, and share your expertise.

From my knowledge, usually we invest in mutual fund for 2 main purposes: income or growth, or both. Say I hold some units in a fund, for capital growth. Does it mean that I hope to gain based on the price of the fund? For example I bought a CIMB fund for 0.23 per unit, so I hope in a few years, THE PRICE OF THE FUND will appreciate so I can resell it?

One more thing, do ALL fund give dividend?
Thank you for yr assistance.

Public Aggressive Growth Fund is it good time to buy ..? just seek opinion to make decision.

if now i'm at outstation, can i switch my fund with another agent at public bank?

thanks kingkong81 for the explanation..is there any way to reduce or negotiate for a reduction for the service charge??i'm currently paying 5% for PEF..

hi.
i hope someone can enlighten me on this matter.
although this is probably a very dumb question but hopefully someone will be kind enough to explain it to me.
so, in what condition would a unit trust fund close down? and the likelihood of that happening based on the global financial situation currently?
thank you very much

For investment, anytime is a good time. If you save your money in bank, the money may get depreciate due to inflation. So, I would recommend that you practice 'dollar cost averaging' . set aside certain amount say 40% for saving 60% for investment. regular investment a month once can ensure you optimize your investment and lower your risk. you can visit http://unittrust8.blogspot.com for more info.

You have a good practice. Bravo. Regular investment monthly is practicing 'dollar cost averaging'. This is the best way to optimize return and minimize risk. Plan for your goal and don't be fear when market is bad. When market recover, and achieve your goal, sell off your unit and redeem cash. Just like what i did in 2002 (after 911, during US-Iraq war) Two years when market recover, I earn 50% return. Believe me, market will recover. It's a cycle. To know more, email me at unittrust8@gmail.com, or visit http://unittrust8.blogspot.com

---

Added on December 7, 2008, 8:32 pm

hi,
Invest 5k once is NOT dollar cost averaging. It's LUMP SUM investment. You can break 5K into smaller portion and invest say 200 monthly. There is an explanation of dollar cost averaging in http://unittrust8.blogspot.com. Invest in Unit Trust should NOT be governed by greed. Invest medium to LONG term will benefit. Plan for your goal, once your goal achieve, sell off and gain back your return. I gained my 50% return in early 2008 before market crash in 2nd Quarter 2008. Of course, you need to choose a reliable and reputable unit trust company. To know how I do it, email me at unittrust8@gmail.com

For your info, i started to increase my investment last 3 years ago in 2005. Also, for your info, market in 2 years ago, 2006 is not really good. It started to recover in early 2007. At that time, I already realized and knew recession going to hit us in 2008 or 2009 based on 10 years recession cycle. Luckily, greed never governed my instinct. I cut down my investment and slowly sell of my units in 2008 2nd quarter. You can say luck or anything, but I feel that's the magic of 'dollar cost averaging'. It really minimize my RISK. Because we will NEVER know when the PRICE IS OK. unittrust8@gmail.com

Appreciated all the warm replies    but...after all the reading I still don't know what should I do with the money? More specific abit can ah? 

tq

I like your question.

I sell off a lot of unit in early 2008 because I have reached my goal that I had set back in 2005. Then now, I still keep on buying in a small scale / reduce my monthly investment in fund that have drastically drop in price. (of course it must be a good performing fund) CONCLUSION > I change my strategy of investment but I still stick to 'dollar cost averaging'.

So meaning we need to always check with our agents from time to time? Or the agent will update us.. If there is a way to look at it ourselves it will be faster and easier? 

Seek help!!

I've been living with all debts around me for the past few years and it was really hard to pull out from this crisis. I came to this thread just wish to get some advises on how to get rid of my bad financial status so that i really can live exactly a normal life.

BREAK-DOWN:

Main Source Income:
RM2200 (after EPF Contribution)

Monthly Expenses:
Room Rental: RM250
Car Installment: RM680
Fuel: RM300
Credit Card : RM400 (Both Cards)
Personal Loan: RM170
Meal: RM700

*** Bad Debts
PTPTN: RM1.6k
Credit Cards: RM7500 ( 2 c/c)
Personal Loan: RM7000
Friends & Family: RM50k

***No savings

Conclusion:
Monthly Income  - RM2200
Monthly Expense - RM2500
Bad Debts - RM80k

Please assist me for this terrible financial mgnment or any sources that i can seek for solutions. Thank~

Aiyo.. just want to learn invest don;t play with warrant lah... , either you can gain a lot or lose everything if you are not knowledgable. 

Generally, yes and yes.

Fund managers have a mandate to invest up to 70% depended on the fund objective set in the trustee deed, so they generally work based on this guideline.

Fund managers cannot sit with full cash even they suspect market will crash (nobody knows), what they can do is shifting the % of cash in their portfolio.
1) Fixed income fund means the fund invested in some investment target that provide fixed income one like money market, corporate bonds etc which every year got fixed income expected to be getting one. No they don't pay fixed rate unless stated wise. Any return is based on fund performance.

Closed ended fund, means once the fund open offer is ended, then no more new fund is allowed to go in. All capital guaranteed fund is closed ended one due to nature of positioning of the fund to achieve capital guarantee objective.

2) It means when they sell the fund to you, they charge 3% on your invested amount for eg. you buy 10,000, with 3% charges, means you acutally invested 9700 only, not 10,000.

3) Target NAV means the fund is position and target for it. Details I don't know, need to read through the prospectus.

4) Yes.

5) Yes.

depends on ur perception of return, u prefer epf or unit trust for epf ac 1 to work for u 
imo, compounding starts best when young & fresh join work force 
most important is the timing, instead of investing in it every quarterly blindly 
for timing, pls refer klse lyn forum, real time action 
oso, if u had any frens who invested in unit trust via epf, just after 1997 financial crisis, go check their ut stmt