If we have bear market for more than 3 years, then a lot of fund mangers(> 30%) will be out of job just like the rest of us.

Admin please move this post if it is not correct.

One question, can I withdraw my public mutual fund without going through my agent? FYI, this agent is my relative, talk a lot, if i withdraw now sure he ask many questions. I wanna avoid that. Possible?

YES you can...

All you need to do is to go to ANY PUBLIC MUTUAL BRANCH around you...

You just need to get & fill in a REPURCHASE FORM...& submit it at the branch.

You are done.

It will take less than 10 business day for u to get back the $$, if you are Mutual Gold, 3 business day

This post has been edited by kingkong81: Apr 29 2009, 08:40 PM

LOL, the last time i withdraw my funds also took around 3 business days only but i am not Mutual Gold member la....


now i'm stucked whether pump in some $$$ or wait for the share market tumble again...

New fund by Mr Tan Teng Boo of iCapital.

The fact sheet: http://www.capitaldynamics.com.au/files/ic...et-20090504.pdf

Flyer for its roadshow: http://icapital.biz/icapital2/other/ICIVF-flyer_en.pdf

"to cater for retail investors...initial investments are kept at A$20,000..."

Haha... I think everyone is having the same thoughts... and most likely the advice you gonna get is $ cost average...

Why not you people join KOPP(Koperasi Pembangunan Pendidikan Berhad ) retirement fund then? Launched in 2007. It is under

Co-operative . Early withdrawal is allowed although no interest gain. . Suitable for self-employed Malaysian who are not

contibuting to EPF or anyone who want to complement their EPF . It is better than putting in a fixed deposit. The returns from

KOPP retirement fund are much higher than that of other Financial Institutions because of their non-profit structure where

members receive maximum returns. It`s saver to invest in this fund. There is a limit unit per person then .

OSK-UOB launches capital protected fund

OSK-UOB Unit Trust Management Bhd, a subsidiary of OSK Investment Bank Bhd has launched its latest fund, the OSK-UOB Capital Protected One Advantage Fund (the 1 fund).

URL: http://www.btimes.com.my/Current_News/BTIM...icle/index_html

To everyone, in short, i have answered most of your questions here: -->
Fallacy about long fund, hedge fund and fund manager

anyone bought this ?

New structured product from PB: PB USA Recovery

More details: http://www.pbebank.com/en/en_content/images/usa.pdf

For contrarians, it is good to know market sentiment, e.g. postings in forums, launch of a new fund/'death' of new/old fund

How safe is it? A few years ago many co-op funds collapsed and ppl lost all.

111

Err I usually stay far far away from structured funds, it is just not worth it in terms of the cost and fees. Wonder why it is so popular?

A quick question to clarify. The FD interest will normally lower during economy downturn compare to prior year b4 economy downturn or vice versa? Or it is depend?

well this fund only available during recession periods and showing the track record it has no losses, u are buying shares of uob bank

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Added on May 14, 2009, 1:16 pmwhen economy is good interest goes up and vice versa but for america is a little weird cos if their stocks goes up their dollar weaken and vice versa

This post has been edited by DarReNz: May 14 2009, 01:16 PM

Meaning that the FD interest now is dropped compared to Prior year?

yeah when this year your FD is auto renewed, you will see the latest low rate

During recession goverment want to decrease the interest rate, to stimulate the economy. With lower interest rate, more people willing to borrow, to borrow money to spend, which is one of the way to make the economy back. There is no immediate effect, normally take at least 6 months. Indicators that market is showing recovery is normally after all the fiscal policy and monetary policy, slowly and the effect will show.

One of the question is US flashing money to the market, "free money", which eventually show a positive sign to the market. Around the bottom, which are 11th March, market has rally for so long until today, Dow remain stable at 8000-8200. Is there still a room for this rally? Or there will be a correction soon?

Personally I am thinking that it can go higher, what you all think?