erm.. maybe their research team are thinking those fund will start to increase back price after recession. Who knows, price wont keep dropping, ppls also wont keep bad luck, when u until a very very down point, is time for u to turn up. -.-

yes but even in boom time 2 yrs ago also the fund is -50% while others are positive.. to me there is no basis for the recommendation. It's like someone ask u to jump off a cliff where u know even good times also u will die.. but now bad time also he ask u to jump off the cliff.. will u still die?

Look at the Prudential Global Leaders fund that they recommended and let me know what u think :-

http://www.fundsupermart.com.my/main/resea...endedFunds.svdo?

This post has been edited by DannyOP: Nov 22 2008, 02:51 AM

hi all..i have just received the distribution statement for my investment in PEF,public mutual.I have a question to ask,i understand that the distribution is taxable,but how do we go about paying the tax incurred?do we need to declare the distribution in our annual filing of our taxes or is already automatically deducted from the gross payable amount and thus no action required from us?

The distribution you received is already deducted of tax...nett distribution.

Therefore, you do not need to filed for tax payment again.

The tax for the distribution is deducted according to corporate tax structure...which is 27% (correct me if i'm wrong)
Hence, you can actually claim back the tax difference for the distribution if you are in lower tax category.

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

Yes you can switch your fund with another agent.

In fact, if you have telemutual service, u can do it on your own through phone.

Switching can be done through your agent, provided that you have signed the switching form before hand.

Else, if you are outstation but still in Malaysia...you can do it at any Public Mutual branch around Malaysia.

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..and also can you please elaborate further on how to claim back our tax differences???many thanks

This post has been edited by allwerp: Nov 24 2008, 10:09 PM

No way lol...Unless your agent give discount to you ....which means he / she get less commision....

For PB and PM fund, it is very difficult to get discount from the service charges. But for others fund house, commission charges can go as low as 3% if sum of investment is big enough which depends on selling party to give (banks).

service charge so damn high...market now so bad..haih..my investment in equity fund shrink 40-50%.....:-(

Hi all.. Just wondering whether now is the right time to put some money in PM UT? And for current economic situation, money market fund is the safest?

Ps: Any idea which PM UT is worth buying now? Thanks

edited: PB UT -> PM UT

This post has been edited by mustang: Nov 25 2008, 09:13 PM

Everybody is asking the same question in different threads.

We really need an expert to clarify this.

I wonder why recently keep hearing ads from radio asking us to invest during our current economy situation.
Is that they need money from us to sustain their fund? Just curious...

Can anyone recommend a US specific fund or alternatively a large bias toward US fund?

Just sharing my view here...

1st and foremost, UT is for long term. (dunno how many times i tell this)

With markets at such a big 'sale', obviously everything looks attractive. Current time is the time to invest for long term. You wont get this kind of big-scale drop in another decade or so.

If you are playing for short terms...volatility in the market may eventually gets you, losses is inevitable, and short term gain in unit trust, is a bit too difficult with these kind of market situation.

So, long term is the best for unit trust. Especially now.

Right time to go in??

You decides your own. To me, now is good time for me to slowly accumulate throughout the time, some cheap units in good funds.

Some might wan to buy at lowest...which is also a bit difficult...timing the bottom is a tedious & wasteful effort. You get the bottom after you see the big rally...by then, the boat has sail far far away. Therefore, slowly accumulating bit by bit (dollar cost-averaging) is the best.

So capitalise on the situation now.

Money Market Fund will definitely be less volatile to preserve your capital...bond fund as well. But it is not the safest as well. The safest place is to put it in your bank, but the return is mediocre.

Which Funds worth buying? It is all up to your own risk tolerance/appetite. Once you decided on that (high risk/moderate/low risk) then you can look into specifically the type of funds that suite your profile & decides. The unit trust agent should be able to helps you with this. As different funds has its own investment strategy as well, which the agent will be able to explain better to you.


This is a way to push the sales.

Another way to see it...with such an attractive valuation to all the stocks in d market, the fund manager will obviously like to capitalised on this. And this will need more $$$

Money to sustain their fund?...if there is heavy redemption, then might be. But most of the time, the fund manager may just sell off stocks to cover for redemption. Besides, all funds will have a portion allocated for liquidity meant for redemption.

Unit Trust @ CIMBClicks:

http://www.cimbclicks.com.my/unitrust_intro.htm

50% discount already.... china market give super christmas discount @ 70%...

You mean UT buying price discount?

Juz checked with my friend who is studying ACCA...regarding the filing for tax differences...

U can do it when u file your income tax. There is a section where you have to declare dividend income. So after u calculate everything and determine in wat tax category you are in...you can file for the claiming back of the differences.

This is something on Single-Tier Dividend System...If the company is using the single-tier dividend tax system, u cannot claim back the differences in taxing of the dividend. Usually the company will announce if they are using the single-tier system for which i think Public Mutual is not under this system.

On another note...you might want to file to claim back your dividend tax differences...but there are chances that it will raise the eyes & ears of the LHDN ppl...especially if you have significant amount of $$ invested.
Once, my upline try to claim back the differences...it was hell for her...LHDN come & check all her documents, her payment for cars, etc etc up to few years back, maybe she got a lot in UT . So now she rather just ignore it...

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Added on November 29, 2008, 10:17 pmPublic Mutual Declaration of Distribution for PIBF & PFEDF

Public Mutual is pleased to announce Final Distributions to unitholders of Public Islamic Balanced Fund (“PIBF”) and Public Far-East Dividend Fund (“PFEDF”) respectively for the financial year end of 30 November 2008. The distribution are as follows:


Fund Gross Distribution
PIBF 1.00 sen per unit
PFEDF 0.35 sen per unit

This post has been edited by kingkong81: Nov 29 2008, 10:17 PM