The calculation is simple...

Total Return = [(Current Value of Units - Total Capital)/Total Capital] X 100%

Current Value of Units = Total Units X Current NAV (i.e. unit price)

Total Capital = Total amount of $$ invested in the fund

Just a friendly notification on Public Mutual's Unit Trust Fund with financial year ending coming this 31st May 2008:

Funds with financial year-ending in 31st May 08:
1) Public Balanced Fund (PBF)
2) Public Ittikal Fund (PITTIKAL)
3) Public Islamic Equity Fund (PIEF)
4) Public Dividend Select Fund (PDSF)
5) Public Far-East Select Fund (PFES)
6) Public Select Bond Fund (PSBF)
7) Public Regional Sector Fund (PRSEC)
8) Public Global Select Fund (PGSF)

Sure...will try to post any updates on unit trust funds, especially on Public Mutual here.

PUBLIC MUTUAL DISTRIBUTION DECLARATION FOR FUNDS
FINANCIAL YEAR-ENDING 31st MAY 2008

Public Mutual has declared Distribution for funds with financial year-ending on 31st May 2008 as following

1) Public Balanced Fund (PBF) --> 5.00 sen
2) Public Ittikal Fund (PITTIKAL) --> 5.00 sen
3) Public Islamic Equity Fund (PIEF) --> 1.50 sen
4) Public Dividend Select Fund (PDSF) --> 1.50 sen
5) Public Far-East Select Fund (PFES) --> 1.50 sen
6) Public Select Bond Fund (PSBF) --> 4.00 sen
7) Public Regional Sector Fund (PRSEC) --> 1.50


Please kindly take note that interim distribution has been declared for above mentioned funds in 30 November 2007.

1) Public Balanced Fund (PBF) --> 10.00 sen
2) Public Ittikal Fund (PITTIKAL) --> 10.00 sen
3) Public Islamic Equity Fund (PIEF) --> 5.00 sen
4) Public Dividend Select Fund (PDSF) --> 3.75 sen
5) Public Far-East Select Fund (PFES) --> 4.00 sen
6) Public Select Bond Fund (PSBF) --> NIL
7) Public Regional Sector Fund (PRSEC) --> 3.50

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Added on May 31, 2008, 3:23 pmSaturday May 31, 2008
Public Bank launching new investment product

KUALA LUMPUR: Public Bank is launching PB Asian ACES Structured Investment, an offering to investors to take advantage of both bull and bear markets.

The three-year investment via floating rate negotiable instrument of deposit was 100% capital protected if held to maturity, Public Bank said in a statement.

It was suitable for investors seeking potentially higher returns compared with current fixed deposit rates without taking any risks on their capital invested, it said.

“With the 2% instant rebate, this investment allows investors to cash out part of their returns first and let the strategy work for them during the next three years,” said managing director Datuk Seri Tay Ah Lek.

PB Asian ACES will capitalise on extreme price movements from a dynamic universe of 100 largest Asian stocks – actively buying the worst (buy low) and selling the best (sell high) stocks based on a set of well-researched quantitative rules, Public Bank said.

This long-short market neutral strategy was rebalanced weekly and aimed to extract high upside potential without reliance on market direction or timing, it said.

PB Asian ACES has an initial issue size of RM100mil and is available from June 3-20 with a minimum investment of RM100,000 and multiples of RM50,000 thereafter. – Bernama


http://biz.thestar.com.my/news/story.asp?f...00&sec=business

This post has been edited by kingkong81: May 31 2008, 09:54 PM

i think it is suppose to be 100% capital protected...even original article is wrong..haha...rectify ady

I also bought a almost similar 'Saving-Plan' from Great Eastern 2 years back.

Will have to pay certain sum every year for consecutive 10yrs before sitting back & get the return at constant rate.

I also forgot wat is the return they promise...something like compulsory 5% interest p.a. with 'bonus return' of 7% p.a. (this section is where they invest in market...i suppose, not promised 1). The exact rate will have to go & recheck my policy.

It does offers insurance together with it.

But with a return of 25% p.a. ...it really sounds too good for such a safe & low risk investment. but like everyone else advised on, no harm enquire more. Ask for bout the 'if' & 'what if'...

@bulkbiz

Wat Darknight81 said is correct...you dun look into short term gain...1 yr is still consider short term in Unit Trust.

With the current market situation, no fund will be spared for the drop.

Wat your rm500 monthly doing is to help you lower down your cost, so in future, when market rebound, you can sell/switch 1st.

Imagine 2 person with same investment fund...one with cost price of 20sen another with 25sen...who can get out 1st?

But in 1st place, your investment in unit trust is aim at long term...but you still have the right to sell it off if you think the investment does not meet your objective.

The basic concept applies...BUY LOW, SELL HIGH.

Obviously now everything looks 'cheap'...so it is good time to buy. But at the same time, you have to make sure you have the holding power to weather through the storm before u will b able to reap the fruits.

Getting funds like PITTIKAL will be good option as well, as it does have good fundamental after more than 10yrs old...besides its ability in capital preservation.

Volatility is something we can't predict...besides, timing the market is something really difficult to do...

How low is low? How high is high?

How sure are you the time you buy is the lowest?? Most of the time, people who time the market will get it wrong.

Therefore, as long as it is low, is good enuf...it does not need to be the lowest.

In the time of volatility, it would b recommended to start off with smaller amount, then you can put in monthly investment to capitalise on the volatility.


Dropping to ZERO is quite impossible. It will happen if PBANK suddenly gone bankcrupt or suddenly China & Malaysia kena attack by US.

Volatility is part & parcel in investment...including unit trust. So, what we can do is to know how to position our investment during the Bull market & also bear market.

Pricing is not that important...wat is more important is how much prospect of growth the fund is...

A fund with 25 sen & a fund with 80 sen is same, if both can give you the same % return for the same amount of capital u put in.

Besides, similarly to wat Cherroy mentioned, the fundamental/underlying stocks invested by the fund is also important.

PITTIKAL, personally i think it is a good fund with good fundamental.

Mayb you can consider getting an agent to explain more on the other funds available as well as pro & cons

FYI, PB series of unit trust fund do not exactly have 'agents' like Public series funds.

U just need to straight go to any Public Bank branch and enquire with their customer service/financial consultant to invest in the PB series funds.

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Added on August 19, 2008, 9:10 pmWell reading financial management book will b good....there are loads of them in bookstore on personal finance management, to investing in shares/property..

so do check it out...last time i read 'Rich Dad Poor Dad' which i think is quite a good starter...

going into the web...like Yahoo Financial also frequently have articles on finance related stuff...

so, u got to take ur initiative to learn & find out...

b4 forgot...LYN is oso a good place to learn & share

This post has been edited by kingkong81: Aug 19 2008, 09:10 PM

Yep...whenever u hear them issue new units...ppl will queue in front of the bank in early mornings and barely 1 hour the bank open...all finish up...sometime it is finish in 15mins!

Yup...sorry...using abbreviation that u might not b familiar wif

LYN = Low Yat. Net

I think before the new commission charges for stock trading...it used to be just RM12 minimum charges, and it is affordable for everyone.

After that...government say wan to curb on speculators trading in KLCI as well as giving remiser a better income, then they came up with this new commission structure

End up small trader all have to stay on sideline...big player will benefit more.

RM40 buy, RM40 sell...u have to cover back RM80 of commission charges before you can sell your stock!

Why ppl always ask this??

It has been discussed before, so do try to look out for it...

In any case...the possibility is very small for this to happen......

Just as an add on to newspaper pricing

Newspaper will only give you T+2 prices...which means, Monday price will only be printed in Wednesday newspaper. so 2 days lag

Up to date daily price u can check from public mutual website itself..where the price will be updated on the next day, usually after 11am

And the dropping won't cease for any time soon....

As usual...timing the bottom is a difficult & tedious thing to do...
As long as it has reached your target price, can consider going in....as long as it is low. it does not need to b the lowest....

My 2 cents

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.

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.

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.