Malaysia Real Estate

gavinykw · Joined: 18 Apr 2006 Posts: 82

Hello again, the amount allocated would be for my son's education fund... say in 14 years. I had the opportunity to use the UT calculator, and at 8% per annum, a regular monthly savings of rm2k, i could acheive a fund size of about rm650k.

My risk profile: aggressive at the moment(5 years) and will convert to low risk in the later years. What do you think?
Anyone here from Public Mutual??
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thank you

skok · Joined: 10 Jan 2005 Posts: 9

Need more info about Public Mutual, would be glad to answer your questions. Do PM/email me.

junaidia · Joined: 29 Jan 2007 Posts: 8

Hi guys,

Anybody who wants to invest in unit trust should check the performance of the mutual fund company before they invest.

You can check the preservation score, consistent return score from local newspaper or personal money magazine.

Hey, it's your hard earn money that we are talking here. So make sure you do your own reasearch.

Junaidi
Mutual Agent

ilyashukri · Joined: 11 Jun 2007 Posts: 472

Hi Junaidi,

I'm newbie to this Mutual Fund, just wanna ask is there any hidden cost when engaging with trust funds...? like maintenance fee ke, renewal fee ke, or anything lah...

Because this one time, an agent from Public Mutual did approach me explaining about the usually scheme of initial deposit of rm1,000 and them monthly instalment of rm100 from pay. It sounds good to me, but is it that easy and no hidden cost involved?

Thanks in advance.

junaidia · Joined: 29 Jan 2007 Posts: 8

Ok,

When you want to invest in Public Mutual (i can comment on Public Mutual because I am a Public Mutual Agent) your agent need to explain to you that there will be certain fees incurred on the investor. I mean if the agent is honest la Smile

For Equity Fund
1. Service charge -> one time fees 6.5% from the money you put in.
If you invest RM100, then the service charge is RM6.50. So after deduction of service charge, the actual money you use to buy unit is RM93.50 not RM100.
2. Annual Management Fee -> 1.5% per annum
3. Trustee Fee -> 0.06% per annum

For Bond Fund / Money Market Fund
1. Service charge -> There is one time fee 0.25%.
2. Annual Management Fee -> 0.75% per annum
3. Trustee Fee -> 0.035% per annum

But don't worry, the profit that you get from investing with Public Mutual is far more superior than the fees incurred.

Hope this info helps.

Junaidi
013-3507899
Public Mutual Agent

aiki · Joined: 07 Nov 2006 Posts: 30 Location: Kuala Lumpur

Hi all,

Have been approached by an agent from Public Mutual. telling me now is the best time to invest due to lower unit price for the fund.

The agent introduced few of the fund such as PFEDF and the latest islamic asia balanced fund. telling me the same thing to invest a min of RM1K and monthly RM100.
For equity fund how much is the projected return, let's say in 1 year time? He mentioned min 10% for the lower risk one.

Public Mutual is one of the top in Malaysia but it is telling us all the fund are with good return comparing to other company like Hwang DBS and others.

hoepfully can get some feedback here.
thanks.

junaidia · Joined: 29 Jan 2007 Posts: 8

Yes it's correct, now the fund price can be considered lower than last few months.

If economy is good, for equity fund, the return can range between 8% to 60% in a year. But you need to know that this investment is for medium to long term (3 years above)

In any mutual fund companies, it is a fact that some funds are performing better than others. You cannot have two funds exactly having the same return because of the exposure to equity is different.

But the question here is, will the fund manager manage the fund well in a bad market?

I choose Public Mutual because it has the best fund manager in Asia. I think that is the strength of Public Mutual.

In your case, the agent need to check your tolerance to risk.
If you are an aggressive investor, then he should suggest you to invest in aggressive fund. Not necessarily new funds satisfies the need for everyone. Some people will only be suitable to invest in bond due to their age and other considerations. In my case, I suggest fund suited for my client based on their tolerance to risk and other factor as well.

Junaidi
0133507899
Public Mutual Agent

cdbox · Joined: 11 Aug 2005 Posts: 12 Location: klang valley

cdbox · Joined: 11 Aug 2005 Posts: 12 Location: klang valley

[quote="ilyashukri"]Hi Junaidi,

I'm newbie to this Mutual Fund, just wanna ask is there any hidden cost when engaging with trust funds...? like maintenance fee ke, renewal fee ke, or anything lah...

Because this one time, an agent from Public Mutual did approach me explaining about the usually scheme of initial deposit of rm1,000 and them monthly instalment of rm100 from pay. It sounds good to me, but is it that easy and no hidden cost involved?

Thanks in advance.[/quote

Hi simple enough. There is a charge (5% + 1.5% = 6.5%).

Once u buy any public equity funds , you will be pre-charge the service charge (just like ordering kfc which include svr charge).

so your capital said RM1000 - 6.5% = the actual balance that in your fund account.
when u buy, u get involve svr charge. when u sell no svr charge involve, just follow the market price. 1 time only.

thanks. cdbox mutual fund supervisor

junaidia · Joined: 29 Jan 2007 Posts: 8

gavinykw · Joined: 18 Apr 2006 Posts: 82

Thanks for your reply.I am a new investor with Public mutual. 2 questions.

1. Should I just stick to newly launched funds only because of the low in-rates? How about those funds that had been around the last year eg PFEDF or regular savings fund?

2. I had a fund with public bank , for which I invested several k, then stopped for 1 year. return has surpass 30%. Now this PM agent asked me to cancel this PB fund saying no point to continue, and withdraw the money to put in newly launched funds.
Is it logical? If I cont doing dollar cost averaging, it would not matter very much, would it?
_________________
thank you

junaidia · Joined: 29 Jan 2007 Posts: 8

Thanks for your reply.I am a new investor with Public mutual. 2 questions.

1. Should I just stick to newly launched funds only because of the low in-rates? How about those funds that had been around the last year eg PFEDF or regular savings fund?

>> Actually it's up to the investor to choose which fund to invest because >> different investor have different tolerance to risk. You can invest in >> newly launched fund or the one that is already exist.

2. I had a fund with public bank , for which I invested several k, then stopped for 1 year. return has surpass 30%. Now this PM agent asked me to cancel this PB fund saying no point to continue, and withdraw the money to put in newly launched funds.
Is it logical? If I cont doing dollar cost averaging, it would not matter very much, would it?
>> I must honestly tell you that PM agent will not get any commission
>> from selling PB fund. We'll only get commission when selling Public
>> Mutual fund. So I guess, that is the rational behind asking client to
>> switch from PB fund to Public Mutual fund whether it is newly launched
>> fund or the existing ones. If you want to help this agent earning the
>> commission, then you may withdraw and buy PM fund. (with 5.5%
>> service charge of course) Otherwise, you can continue doing dollar
>> cost averaging with PB fund.

Junaidi
013-3507899
junaidia@yahoo.com

gavinykw · Joined: 18 Apr 2006 Posts: 82

Thank you cdbox.
What do you mean by GUARANTEED INCOME PRODUCT?? Is it a savings plan tie to an insurance product?
I was introduced to the pru-link product for which I could link a savings plan (95% into UT) to it and and prupayor as well. Do you mean that?
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thank you

kevarni2701 · Joined: 16 Oct 2006 Posts: 36

gavinykw · Joined: 18 Apr 2006 Posts: 82

Do you agents still advise us to invest now? The market is so bearish. Some would advise to hold the cash.
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cdbox · Joined: 11 Aug 2005 Posts: 12 Location: klang valley

rosdi · Joined: 02 Jun 2008 Posts: 8 Location: Ampang, Selangor