Hi folks, I've got a very basic question... for unit trusts (UT), do the returns performance % include management charges? Or does that have to be factored in separately?

I asked a UT agent before, and he assured me the published numbers take management charges into account, but I can't find any B&W statement to that effect in the various prospectus' I've seen. Even fundsupermart doesn't seem to list that info in its FAQs or whereever.

p/s... I do know that initial sales charge and subsequent transaction charges aren't included inside. Any other "gotcha's" to watch out for?

Thanks!

I dunno how it do not accept digitally scanned IC & printed out black & white in A4...
As long as it is clear, front & back in 1 page...thats all...

This is first time i hear this...

Maybe, the agent just wanna play safe...coz EPF r quite strict, even some little smudges on the form, they oso reject.

to all sifu here,
few months back..after reading few advise fr here i hv invest rm76k into public bank unit trust  (mostly bcos for the dragon and phnix gold haha..)

currently my FD 100k is coming to end( after 1 year finaly)..and the curent FD rate reli losuy..so i think to find something to invest in..

my $$ mostly in public bank..so i ask public around...staff recomnd bond invest bcos i oredi have unit trust ...

the staff explain:
bond investment is low risk +low interest +short term ...rather like opposite of unittrust

recomend me 2 types of bonds : PB bond fund and PB sukuk fund

any sifu kind to explain more and coment of above 2 types of bond
second option..invest in gold...but the public staff said now gold price is high..better wait few month and see...

3rd option is to wait and see bcos public bank current promotion ending in few days..wait for new promotion?????????
i reli dun want to invest anymore into unit trust...76k is enuf
FD best rate 3.55%..reli dun want  FD..last option

any sifu can advice ?

thanks in advance...

The new fund has introductory low 0.25 service charge now. That's why was thinking to take up the new one instead of old ones which also has appreciated value per unit. Not sure it's a wise choice.

Er.. TakoC & Kitty, sorry for butting in ar.

I think the terms/jargon used may be confusing identification of the matter.
May i try?
Redeem / Sell back to Fund House: AMDynamic Bond whacks U for a 1% exit fee

Switch from AmDynamic to another Ambank's fund: no idea for AmDynamic but fund houses like Public Mutual (PM) and Eastspring (was PRU), $0, $25 or x.xx% depending on switching from loaded to low load OR low load to loaded funds.
Low load = very little service charged up front, like PM's bond funds 0.25%
Loaded = service charged up front of 3% to 5.5% like PM's equity funds for EPF (former) or Cash (later) investments.

Transfer is to legally move the units from one registered owner to another

KParam, Transit & Pink Spider - correct ar the above jargon?
Please correct me if i'm mistaken - i've been reading & hearing those terms since 1990s, may have slightly changed with time & usage

Thanks for the explanations, Wong and Transit.

As mentioned by Transit, a transfer from bond fund will subject to 0.25% or RM50 charges. So back to the original question, by transferring to another type of fund, is the original fund is deemed sold (capital + profit yield [if any]). And which means after deducting the charges, your remaining investment will be transfer to the other fund?

That's my understand of transferring.

Alright. My bad for using the word 'transfer'.

By SWITCHING to other fund, after deducting the necessary charges, that means your investment in the initial fund is deemed sold, alongside with the profits is SWITCH to the other fund?

How do I invest using "e-Pilihan Pelaburan Ahli"? I logon to my EPF account but could not find any link for the e-Pilihand Pelaburan Ahli

http://biz.thestar.com.my/news/story.asp?f...8&if_height=171

No. Investment with UT involves three parties. Investor, utmc and trustee. Trustee will hold your money. Anything happened to the utmc, the money will be given back to u by the trustee. The value will follow the current day price.

For me, ut investment risk is very low because we can manage the risk.

any recomendations?

Hi to all investment gurus here,

I have invested a bit in UT. Although i understand that it is a mid-long term investment, i don't understand why all product brochures indicates that you have to wait at least 3-5 yrs to see any meaningful gains.  I read a lot of reading to find out
Question is, if a fund reports growth every year, shouldn't i be making profit after Year 1 investing? Why wait 3-5yrs?  Switching out before 3 yrs just because it's not gaining enough is also a bad idea, right?

Please enlighten a newbie.  Thanks!

I see.. then what is the indication that i should switch away since generally i should wait 3-5 yrs? What does the term 'break even' means?

Thanks again!

Thanks!  What does dollar cost averaging mean?  I see that most UTs encourage monthly investments to lower the average cost per unit.

better with capital guarantee.

so for those that don't have SC, you're just generally waiting for your targeted profit?

I'm actually waiting for opportunity to SWITCH to another fund. My bond fund ONLY have a 1% exit fee. So i figure i make use of the no SWITCH charge and switch to another fund.

A mutual fund giving out dividend.

Should invest before dividend or after dividend?

Taiko opinion?

Im planning to go after dividend because the price will be cheap.

Considering the question asked, on another note, where do I find the tool to get the history of PM funds? I tried mutualtracker.com but I can't get what I want.

I notice funds highlighted are usually from the banks. May I know whether insurance company's funds like ING is worth investing in? Was approached by my previous insurance agent where she introduced me to these sorta fund investment with a minimal of 5k which is able to generate me returns in around 6 months time? any members here mind sharing bout this?