Hi all, I am still new in Unit Trust. Some advice needed on whether should I use my EPF to invest in KLCI Tracker Fund.

Fundsupermart.com.my - KLCI Tracker Fund

I believe that the index is going to reach the bottom soon. It should able to have more than 10% returns in 2-3 years time.

A comments?

ya... same thinking as u. Now maybe is the best time to start invest, since the UT price quite bottom already. Slowly slowly go in to the market ba... Then, once u see a good fund, just whack it.. haha.

Usually after we submit the form to apply for PM UT and paid the money. Will there be any follow up letters from PM saying our transaction is successful and will send some documents to its subscribers?

You will receive a statement from Public Mutual for your funds...usually end of the month.

Besides...if there are no transactions (buy, sell, switch) being made for any of your funds...you will not receive any statement of your funds for that particular month. You will only receive a statement, which usually sent to you during end of the month if transactions are being made to any of your funds.


To know faster, you can check with your agent or you can call customer service directly 03-6279 6900
If opening a new fund...usually the account will be up within 1-2 weeks time.

This post has been edited by kingkong81: Dec 1 2008, 10:40 PM

You'll also receive interim statement; twice a year if I remembered correctly.

Yep...once interim, once final financial year

Up by 3,298.6701??? or error on the site?

total paper lost on UT to date -43.15%
long time no check once calculate .. eyes also cannot blink walau

This post has been edited by mo_meng: Dec 2 2008, 01:18 PM

Any specific fund are you holding?

PCSF, PFEDF, PRSEC, PIADF, PSEASF

4 of them are young funds. No wonder you're crying for losses of > 40%

I understand your feeling.

yups all new funds .. last yr know nothing just put in money as all the chart seem so promising coz last yr market all up but now .. haha
for now i thk the money invested in UT is enough .. now time to target more on stocks .. many sales nowadays

seriously need help here...i wanna start investing now but im at lost cause really unsure whether its a good time to start or not....

for start go ASM

Nobody can know when is the best time to invest. Only 3 month after the bottom, then you will know the best time to invest is already past for 3 months. You can start invest when you're well prepared.

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

This post has been edited by vyncyi: Dec 4 2008, 03:13 PM

A fund will close down unless all the unit holder withdraw their investment due to panic. The possibility is very low indeed. I beliv global economy slowdown won lead to fund close down unless that certain fund management facing problems.

Hello everyone. I'm a 18 yrs old newbie that saves around 250~350 everymonth into my CIMB Islamic savings account. Are there any better ways of saving that give me more return(atlest more than saving account) and with no risk/little risk ? The purpose of my saving is for marriage or buying property(when I'm around 25/26).


Thank you !

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.


edited: Minimized the size

This post has been edited by b00n: Dec 8 2008, 01:15 AM

Sure the unit trust agent /advisor ask you to practise dollar cost averaging if not how can they earn your money... Indeed by practising dollar cost average you better put into FD.....
You might not gain anything in the end

Take for example

a) you bought 5k during market is peak....

b)When it drops 30 more percent you buy another 5k

c) By the time it drops 60% you don have enough guts or money to buy already


For it to fully recover it may took 10 years ... For your information those who bought unit trust before 1997 crash still cannot recover their losses until today ...

Yup dollar cost averaging is very easy method... but it not the right way ....

This post has been edited by b00n: Dec 8 2008, 01:16 AM