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omar
01-12-2005, 12:12 PM
You can gain a lot of profit (8-15%) if u really educated investor

TO BE A SMART INVESTOR you have to know 3 GOLDEN RULES

1. Invest Regularly (When BUYING use the BUY Strategy (DCA))
2. Monitor and Review the investments regularly with your consultant
3. Exit/Redeem when your return target is met, use the SELL strategy.

Should you need any further assistance, please do not hesitate to call me.
( deleted )

For those who beginner about unit trust, please read below


THERE IS 2 Method to Invest in UNIT TRUST :

1.Cash
2.EPF WITHDRAW

INVESTMENT FROM ACCOUNT 1 EPF

Are you happy with the interest rate declared by EPF 4.75% for last year? Are you expecting that EPF return will be higher next year or the following years? if yes, then try to think that EPF will invests some of the our contribution into ovearsea market which carry a higher RISK and with this would you think they will declare a higher interest rate for next year? think about it for yourself!

Since the account 1 you can not even withdraw it before age 50, why not manage the portion of fund allowable by EPF and invest it into the unit trust and trying to maximize your return for you better retirement fund!

call me for a sharing session - how to maximise your EPF Fund.
INVESTMENT IN UNIT TRUST :

1- GET HIGH INTEREST

2- CAN TRANSFER EPF ACCOUNT :-
( MINIMUM - ACCOUNT 1 MUST HAVE AT LEAST RM 55K ) OR CASH
( MAXIMUM - NO LIMITS )

3- VERY HIGH INTEREST, (SEE THE EXAMPLE BELOW)


SBB MUTUAL BERHAD = CALCULATIONS

Mizan (Example)=(ISLAMIC INVESTMENT)


Initial Investment RM 1,000,000.00 @ price 0.4523
Assuming Dividend of 10% per year*

Year 1 x 2,210,922 units
10% Dividend

Year 2 x 2,423,014 units
10% Dividend

Year 3 x 2,675,216 units
10% Dividend

Year 4 x 2,942,737 units
10% Dividend

Year 5 x 3,237,011 units
10% Dividend
3,560,712 units

NAV x 0.51 **
VALUE RM 1,815,963

Value of Investment RM 1,815,963
Initial Investment RM 1,000,000
PROFIT RM 815,963

% Gain over 5 years 81.60%
% Gain per annum 16.32%

Profit per month RM 13,600


P/S : WITH RM 1 MILLION INVESTMENT = RM 13,600/MTH PROFIT(+ -)


SBB Dana Al-Mizan Distribution History
Mar-2001 Launch Date
Jun - 2002 10% Bonus
April-2003 10% Bonus
May-2004 16% (8 cent) Dividend


It is because there more 100 units available in the market run by a few companies such as SBB Mutual Berhad, AmInvest, Public Mutual Berhad, ASB, ASW2020, Hwang DBS, TA, etc.

Do you know that ASB is also considered as unit trust.

Since I am a registered SBB mutual unit trust consultant, let me explain what the performance like...but you must understand 2 simple things in advance:

1. All unit trusts offer medium to long term investment that is 3-5 years.
So performancewise.. it fluctuates from one time to another
2. The previous performance (Rate of return) is not an indication of the future. There is no way we can confirm the return for the following year.
3. High risk high return concept
If you invest in SBB with its higher exposure to Bursa Malaysia (l 90% above), higher chance to high return/low return
3. Normally unit trust performance can also be base on Bursa Malaysia index with ratio 1:2

In SBB ifselt we have 26 funds which consists of 16 conventional and 8 Islamic type respective (SBB has also introduced a few new funds ..) So. the performancewise also varies from one fund to another. Anyway, the only way to justify the performance is base on the Rate of rate of each fund. For example,

In 2004, the rate for the 17/26 funds ranges from 10-30% (positive only). whereas for 8/26, it ranges from 10-20%.
Again, it is just base on the last year performance.

For those whom EPF account 1 exceed RM55K, this month will be a good time to invest.. actually some of the funds unit prices has gone down and approached the mid-point within last 52 weeks points. In unit trust we say, Buy at low Sell at high.

Let me show you what do we mean by that..

Let say, a unit price of Dana Al-Ihsan (SBB) is RM1.00 per unit

When , it has gone down to RM0.80

1.00-0.80
------------- x 100% = 20%
1.00

So if you buy now, at RM0.80, and finally it rises up to RM1.00, you will get 20% return
Also, if you sell at RM1.00, you will get 20% return


But if you wait until the fund is increasing rapidly...

Let say RM1.30 (At point time of buying) it rises up to RM1.50,

You will get 1.50-1.30
-------------- x 100% = 15.38% only
1.30

So, you tend to get lower returns..besides getting less units


It is because, if you have RM55K in EPF acct 1, you will only be able to invest RM1K at a time

So, at RM1.00, you will get 1000 units
at RM1.00, you will get 769.23 units only

At financial end, if the company declares unit split, 10:100,

You will get another 100 units for free instead of 76.9 units..

That is why we insist to use the Buy at low Sell at high concept.

Notes:
Pls be aware that there are some charge impose to you the moment you buy any unit price.


So, it is you choice now.. there is nothing much to be done in my side.. like the old saying says, "You can take a horse to a water, but you will never for her to drink the water"

kwchang
01-12-2005, 12:23 PM
Normally, this type of post would have gone to the trash in 3 seconds flat. Especially if there was a solicitation for followup business.

However, I will let this pass if Omar can provide some knowledge here rather than hope for clients. Do note that I had deleted his contact that he had placed in his post for potential clients.

We do not allow for advertisements or solicitation of business here but we can allow for information and knowledge.

gnehkgnep
01-12-2005, 06:53 PM
Dear En. Omar.........just some question to ask u.....in your opinion.....which unit trust (SBB, Public Mutual, Prudential, ASW, ASN) give the best return currently and also for the last 10 yrs......u got any data to show us........

I would love to learn as myself also almost going to be an agent for Public Mutual which gain reputation for being the number 1 unit trust in Malaysia........and they give about 10-15% ROI for the last five yrs......

And another Question.....someone i know bought SBB unit trust for the last 10 yrs and now his fund in the trust = 2/3 of his initial investment.......can u give a valid and considerable strength to your unit trust......i would like to hear......as i believe in diversifying my income into multiple investment........

Fyi....i already invested quite some $$$ into PM unit trust......so i need to know what else u can offer to better my current investment....... :D
If not .....then very sorry......my money aint ezy to earn....so i need to maximize the ROI to enable me to retire young n rich....... :p


And further to your education on buy low and sell high......most ppl with some economic knowledge know this.....pls elaborate more on your unit trust......why it stand out among all other unit trusts.......and why in the first place should i buy unit trust from u.......what kind of services or bonus u r giving......and can u guarantee that my investment will not be less than what i put in today........i know there's no such thing as guarantee.....but can sell your words until I m very eager to dump my $$$ into it.......i met one that managed to coax me to buy PM unit trust........let me see whether u can show me better..... :rolleyes:

omar
03-12-2005, 12:48 PM
Thanks Mr.gnehkgnep

I consume your question as below.

1.Which is unit trust give the best return?(SBB, Public Mutual, Prudential, ASW, ASN)
2.why some investor gain 2/3 initial investment after 10 years investment?
3.What else u can offer than better return?
4.what kind of services or bonus sbb mutual is giving?
5.can u guarantee that my investment will not be less than what i put today?
5.Why in the first place i should buy unit trust from u?

First thing u must evaluate yourself as investor,what type investment you considerate?..You happy with high return but high risk or moderate return with medium risk or good return at low risk?Study the fund portfolio to know allocation of your money have been invest to.
Did you agree private company give more pay than government?ASW,ASN
What unit trust company provide large fund? See yourself in daily paper.With a large fund u get more option.U can switch to potentianal fund that give you better return.Some of investor unaware that he should redeem his money to get the return when market at high peak. When market rises,investor is excited and tends to hold on to their investment with the hope to gain more and more(greed).On the other side of the scene,fearfull investor will try to `cut loss` when the market is not doing well.As a result, most of us ended up with `BUY HIGH SELL LOW`.Remember to be a smart investor, you have to be patient n use strategy in buying n selling.
Right now SBB introducing a new fund. GLOBAL GROW FUND. Other unit trust company also introduce a new fund. SO what the different? Study the portfolio of the fund.U can find out who the is real global one!I can`t guarantee your investment will not be less than when u put today.For example,let say tomorrow we encounter world war.Can you predict it?Nobody can guaranteed we will live peacefully.See what happen to Bali, Philipines,Iraq,Afghanistan etc.But we can take safety precaution just incase anything happen we already equip with military and weapon. Same case in Unit trust. Im providing u a profesional consult regarding your investment.thats why in the first place u should buy unit trust from me.

So if u need assistant please do not hasitate to drop an email to me

gnehkgnep
03-12-2005, 04:09 PM
U still haven't tell me what so good about the product u r trying to sell......if i want some consultant.....or for me to ownself find out what others (unit trust) r performing.....might as well i find any tom, dick n harry consultant who can tell me more about their product than what u r trying to sell here...... ;) ..........what so special about the fund u r telling us......what makes it better than other competitor.......why should i as someone who can opt for REIT, Stock Market, Poperty Investment, Fix deposit, etc......should go for your services n products.........

Do u see where i m concern??........I can tell the same thing u said but what make me convince that it is indeed a better choice??.....

Show us data that prove your product can make better/safer return than other products/competitors......and what makes me think u should b the person i approach in case i m interested in ur product..... :D

So far ......i rate u at 40%.......prove to me u can do better :p
Many thanks for your time and explaination! We r all learning......and to make some money out of it will b an added bonus..... :cool: ......yo man.....u can do it!!.......

Warmest regards,
gnehkgnep @ ah piah

omar
06-12-2005, 08:20 PM
thanks mr.. i not intend to argue with u about unit trust.its up to you the person who u trust to invest your money.actually all unit trust company is same rules n regulation n having so fine about their bussiness.I just volunteer myself helping people who want to gain their profit through investment.Drop me an email, and i will teach n guide on how to make money work harder for u .FOC. Thank you. :D :p

gnehkgnep
09-12-2005, 10:04 AM
Emmm....En. Omar.....thanks for sharing your knowlede so far....though i must admit u r short in explaining in more detail......many of us are investors.......but we lack the knowledge on many investment product......so since I m going to fulfill my financial needs to earn more $$$......i join Public Mutual as an agent to b.......which most possibly will come true in about a month time......

So......my first class lesson I attend day b4 yesterday.....


WHAT IS A UNIT TRUST ?

A unit trust is a financial vehicle through which individuals may invest their money. The idea behind unit trust is better investment through collective investing. That is to say pooling the investments of many investors, individuals and institutions.

Investing in a unit trust offers investors numerous advantages, including :

a. Professional management at a low cost
b. Safety through the spreading of risk (diversification)
c. Liquidity
d. Ease of transaction
e. Capital appreciation/income stream

The operation of a unit trust may be best explained by outlining its similarities with the operation of a bank, with which most individuals are familiar.

Many individuals deposit money in the banks, for which they receive interest. These individuals expect complete liquidity where they must be able to withdraw their deposits in cash at any time. The banks employ professional managers to look after the deposits. The deposits are invested. These managers lend the deposits to other individuals requiring funds and a host of other profit generating facilities of the banks.

Similarly, unit trust holders wish to put their money to generate higher returns. The goal of all investments is to make money more productive, either through producing income or growth. Unit trust holders have liquidity because their units can be readily converted into cash at any time. By investing in unit trusts, it allows them to engage professional fund managers at a low cost to the individual investors. These managers diversifies the investible funds in many different securities and other approved channels to spread the risk.

The unit trust is constituted through a document known as a deed which brings together and binds the various parties to the deed :

The trustee, who holds the assets of the trusts on behalf of the unitholders.

The manager, who is the promoter of the scheme and provides investment and administrative expertise and markets units to the public

The unitholders who provide the funds for investment and expect to receive the benefits derived from the investment. The effect of dividing the beneficiaries' interest in the trust into units is that their interest is quantified into discrete portions.

Particular advantages of unit trusts over the pooled investments include :

The provision of an independent trustee to hold the trust's assets on behalf of unitholders and to watch over their interests on an on-going basis.

The deed and prospectus are scrutinised by government authorities, prior to an offer of units being made to the general public. The managers and trustee are themselves approved by the regulators.

A buy back provision or covenant in each deed which requires the manager to redeem an investor's units within specified time limits at a price determined in accordance with the deed.

Provisions in the deed under which the manager and trustee are in a fiduciary position in relation to the trust (i.e. they can only profit in ways laid down under the deed). The investor can determine in advance what costs and charges they will be required to pay to join and stay in the trust

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Professional Investment Management

A unit trust combines the capital of many investors to employ experienced management in purchasing securities of many companies. The management of a unit trust provides diversification of investments and supervision which few investors could individually afford. Investment management is a full time job requiring specialised knowledge and training. It involves the study of a variety of factors.

Some of the factors which have to be examined are,

-Comparisons of all industries in the economy
-Relative studies of companies within a promising industry
-Personal contact with management of promising corporations
-Evaluating the effect of international events, both monetary and political
-Determining the results of government policies on each industry

Professional management is also interested in studying less obvious factors such as wage rates, which might affect the economy or the profitability of certain companies or corporations. It requires careful study of individual companies within the industry to determine which of the many companies offer the best prospects for the investors. It requires comparing this company with the best companies in other promising industries. Since all this factors are constantly changing, re-evaluation and study have to be continuous.

Diversification

Diversification means spreading one's investments among many securities. It is an important method of reducing risk. It decreases the danger of damaging losses, which can occur through having all of one's eggs in one basket.

Diversification is difficult and expensive for a small investor because the cost of purchasing numbers of shares in many companies at the same time is disproportionately high.

Unit trusts with their resources are able to make widely diversified investments available to even the smallest investor. Diversification involves the ownership of many different securities. All the securities owned by an individual investor or unit trust fund are referred to as an investment portfolio.

Liquidity

An investor can sell his units, wholly or partially, at the following trading day's unit buying price. Units have a high liquidity, that is, they can be readily converted into cash.

It has to be remembered, however, that unit trust’s units will be redeemed at the prevailing buying price on the following day after receipt of the repurchase form. The unit price may be higher or lower than the price at which the investor started the plan. Unit trusts should be regarded as a long term, rather than short term investment.

Advantages of Compounding

Many unit trust funds provide facilities for investors to reinvest their distributions. For those who opted for distribution reinvestment, the fund will automatically credit the distributions into the account, rather than sending distribution warrants.

This process of reinvesting the income from the original investment and also of reinvesting the return on the total accumulating investments is called compounding.

As an illustration, if at 25, you invested RM100 at the beginning of every month at an interest growth of 10% per annum until age 65, your investment would have grown to RM638,000 ! The key element to compounding is time. The longer the period of time, the greater the growth.

Regularity of Investing

Many people do not have substantial sums of cash available to invest, but they can develop an investment account, investing smaller sums regularly in a unit trust.

Most unit trust funds have plans available to make it possible for smaller investors to invest relatively small amounts monthly. It is easy and inexpensive for an individual to acquire units through deposits of RM100 or more a month in a unit trust fund.

Fund Administration - The Convenient Factor

Few people have the experience, time or facility to properly set up an investment programme, much less to supervise it constantly. Unit trust managers have emerged as professional organisation devoted to solving the investment problems of people from all walks of life.

Unit trusts relieve their investors of the need to handle their own securities transactions. Investors in unit trust funds are not obliged to concern themselves with matters such as,

-Obtaining quotations on securities being bought and sold
-Delivery and payment for the securities involved in each transaction
-Safekeeping of cash and securities
-Accounting and bookkeeping procedures, etc

Investors of unit trust funds will receive semi annual and annual reports which describe

a. The portfolio of the funds
b. Investment changes made in the period
c. Distributions paid, if any
d. Fund manager's opinion on the economic and market outlook

gnehkgnep
09-12-2005, 10:15 AM
Continue.....Lesson 3 - Investment In Unit Trust


The Role of Regulator

The Securities Commission Act 1993 provides that the Securities Commission (SC) is responsible for regulating all matters relating to unit trust schemes.

The SC has drawn up a set of Guidelines on Unit Trust Funds (Guidelines) to ensure a fair and consistent application of policies in considering proposals by management companies of unit trust funds.

The Guidelines are formulated with the objective of providing a regulatory framework that would protect the interests of the investing public and facilitate an orderly development of the unit trust industry. The requirements of the Guidelines are to be complied with by all parties involved in a unit trust scheme.

In addition to the above Act and Guidelines, all unit trust management companies must comply with the Companies (Amendments) Act 1997, the Securities Industry Act 1983 and Trustee Act 1949.

The Role Of The Trustee

Whatever may happen to their performance over time, unit trust managers have a reputation for the stability of their funds that is second to none. Much of this is due the legal framework in which they operate. The government lays down strict rules that unit trusts have to follow and the machinery for ensuring that this is done.

Every individual fund has its own independent trustee, although for administrative simplicity, it is not unusual for unit trust management companies to engage one trustee for all funds. The trustee can be the Public Trustee of Malaysia or any independent trustee of Malaysia or any independent trustee companies.

The trustee's primary role is to see that the terms of the fund's deed are adhered to. The deed is a set of rules under which the trust is run, setting out such things as the investment scope of the fund.

The funds' assets are always in the custody of the trustee. Although the manager makes the decisions about the management of those assets, when to buy and sell, he cannot get his hands on them directly. This system ensures that the funds will not be used for fraudulent purposes. The manager has to deal via the trustee who will ensure that the day-to-day work of running the trust, the funds' accounts, valuations and calculations of unit prices are carried out properly and in accordance with both the deed and the rules laid down by the SC.

The trustee is also responsible for seeing that all the relevant paperwork is carried out. The trustee takes responsibility for overseeing the creation and cancellation (release) of units in the fund. The Guidelines also stipulate that unit trust managers have to produce semi annual and annual reports to its unitholders.

Where Would The Trust In Units Be Without The Trustee ?

Guidelines On Unit Trust Funds

In addition to the regulatory and safeguarding roles of the Regulator and Trustee respectively, the Guidelines provide additional safety features to protect the interest of the investing public. The Guidelines describe the characteristics of the investments permitted as opposed to prescribing the investments (which was previously investment in authorised Malaysian assets only) Furthermore, the Guidelines also reinforce the safety net by ensuring the funds are not overly exposed to high risk stocks and any single group of companies.

The Guidelines are subject to review by the Securities Commission as and when it deems fit and necessary to protect and ensure the growth of the industry.

The Federation of Malaysian Unit Trust Managers (FMUTM)

The first unit trust fund in Malaysia was launched in 1959. Who would then have imagined that years later there would be billions of ringgit in funds under management?

The rapid growth of the industry in recent years has led to the formation of the Federation of Malaysian Unit Trust Managers on 7 August 1993.

The Federation was set up with four objectives :

a. To promote the industry
b. To agree on standards of practice for the protection of the interests of unitholders.
c. To maintain the good name of the industry
d. To improve regulations, tax and other rules affecting the sales of unit trusts.

The Federation is represented by most of the unit trust managers in the Industry.

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An attractive feature of unit trusts is that they are price transparent. You know precisely what the charges are from the onset and they reflect the actual value of the trust. The pricing mechanism of units is designed to ensure fair pricing. The value of the unit trust scheme is always based on its Net Asset Value (NAV) i.e. the market value of a fund’s underlying investments, plus other assets less liabilities, at the end of each trading day. The NAV per unit is thus the NAV of the fund divided by the total number of units in circulation.

There are two prices quoted for any unit trust fund i.e. the Manager’s Selling Price and Buying (Repurchase) Price. The Selling Price is the price at which the management company sells its units to the unitholders. The Buying (Repurchase) Price is the price at which the management company repurchases its units from the unitholders. The spread between the two prices is usually about 5%.

The Guidelines on Unit Trust Funds issued by the Securities Commission regulates the pricing of units by management companies to ensure that the units are fairly priced and investors’ interests are protected.

Two pricing methods may be practised by management companies - `Forward Pricing’ and `Historic Pricing'.

Under the historic pricing method, the Selling Price and Buying (Repurchase) Price for units are based on the NAV of the fund at the close of the Bursa Malaysia, immediately before the investors’ request to purchase or redeem units is received by the management company. For example, the selling price computed at the close of the Bursa Malaysia on Monday, will be valid and enforceable for investors’ purchase of units on Tuesday, until the next valuation is computed at the close of the Bursa Malaysia on Tuesday. Thus investors will know the dealing prices for their unit transactions.

With the forward pricing method, both the buy and sell transactions are traded at prices next determined, i.e. the Selling Price and Buying (Repurchase) Price are based on the NAV of the fund, at the end of the day immediate upon closing of the Bursa Malaysia, after the investors’ application to purchase or redeem units is received by the management company. The dealing prices for transactions made by investors will only be known at the end of each business day, upon the close of the Bursa Malaysia. For example, suppose an investor redeems 10,000 units on Tuesday. The Buying (Repurchase) Price for the units redeemed by the investor will be based on the NAV of the fund computed at the close of the Bursa Malaysia on Tuesday (which will be published in major newspapers the following day, on Wednesday).

Under the SC Guidelines on Unit Trust Funds, forward pricing is the preferred method of pricing unit trust funds. Historical pricing is no longer being allowed for new funds/schemes.

gnehkgnep
09-12-2005, 10:27 AM
Lesson 5 - Choosing The Best Way To Invest In A Unit Trust


Most unit trust managers offer you a choice of ways to invest.

As A Lump Sum

The minimum lump sum investment in a unit trust is typically in the range of RM500 to RM2,000. There is no limit on how much you can save and invest in a unit trust, though if you are making a very large investment, it is usually advisable to spread your holdings among different funds so that you do not have all your eggs in one basket.

If you are worried that the stock market could fall back from a peak just as you invest your lump sum, you could consider investing it gradually through a regular savings plan.

Via A Regular Savings Plan

Regular savings plan allows investors to put in a set amount monthly to the unit trust of their choice. Usually the minimum initial amount is RM1000 though it may vary with fund managers. The minimum monthly additional investments usually start from RM100. This is a convenient way of saving, as monthly additional investments are usually paid through a bank's standing instructions.

The regular savings plan is also flexible since they are not tied to a particular period of time. This can enhance the returns from unit trust that performs reasonably well over a long period. An advantage of the regular savings plan is that they even out fluctuations in unit price. The same investment each month will buy more units when the price is lower and fewer when the prices are high. The effect of ringgit cost averaging, as it is called, is to make the overall cost of units slightly cheaper. Of course, another advantage is that you can cash in the whole lot or part of it without penalty on any business day. Regular savings plan can improve returns significantly in the long run.

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With the proliferation of various types of investment products in recent years, people often look for a straight forward, professionally managed investment opportunity that caters for basic investment needs. Public Mutual Berhad has succeeded in meeting those needs with its unit trust funds.

Children's Education

Unit trust can help you to cover the spiralling cost of education for your children or grandchildren. The sooner you start your plan, the lesser will be the burden. Time can be your greatest ally.

Home Ownership

Unit trust can help you to pay off your mortgage earlier, purchase a bigger house or upgrade your existing house. As with any plan, start early. Many bricks build a castle.

Retirement

Growing old and retiring is inevitable. It is never too early to plan for retirement even though you have the comfort of the Employees' Provident Fund (EPF). You have the right and choice to retire in dignity. Retire comfortably. Plan a nest for your retirement home, orchard and the likes. Unit trust can help do the job.

Cash Reserves

The only certainty in life is the uncertainty or unexpected emergencies. Unit trust can help you to set aside some cash for rainy days.

Regardless of your own needs and wants, unit trust makes sense, for potential return and security.

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Lesson 7 - How To Select Unit Trust Funds?

There are many unit trusts funds from which to choose, but having considered the type of fund or funds most likely to meet your needs, you have already narrowed down your choices considerably.

The next logical step is to decide which unit trust fund to invest in.

What To Look For ?

A random check will confirm most, if not all, investors would look at the performance or investment results.

Unfortunately, it is impossible to predict a unit trust's future investment performance. This will depend on the type of fund, the general market trends and the investments which a fund manager picks.

Most managers would provide the past performance tables that normally show the total returns since inception or how much an initial investment made several years ago would be worth today with any income reinvested.

Look at the performance of the funds but do not pay too much attention to period of a year or less - external factors beyond the control of the managers may have influenced results - a high flyer may not stand the test of time. Ideally, a fund showing consistent performance over a long period, the longer the better.

Check the performance of a company's other funds to make sure that it was not just a bit of luck with one fund.

Do not let another type of fund take your fancy just because it has produced better results than the one you had initially chosen. It may be more risky and may not meet your requirements.

However, be warned, past performance figures are no guarantee of the future. A fund that has performed well in the past may not do so in the future and vice versa.

Do's and Don'ts of Choosing a Unit Trust Fund

Do

-Decide which type of unit trust fund meets your saving needs.
-Shop around for a reliable unit trust company
-Check whether investment limits, frequency of income payments, etc, are suitable
-Check past performance records

Don't

-Don't choose any unit trust fund just because its performance has been good, make sure it is the right fund for you.
-Don't pay too much attention to short term performance, good consistent performance over all periods is the best lead.
-Don't decide on a unit trust fund just because it has low charges, good performance is far more important
-Don't borrow to invest in unit trust unless you are absolutely aware of the risk involved.

gnehkgnep
09-12-2005, 10:40 AM
Lesson 8 - Concerns Of Most Prospective Investors


Why Isn't One Investment Plan Right For Everyone?

Before investing, decide what you want your investments to do. Investing is simply using money to make more money. Investment ringgit are not meant to be used for daily living essentials.

You might choose to invest in bank deposits, government bonds, securities, or life insurance. They are all different, and no single investment channel fits the needs of every individual. Neither can a single financial product fulfill all our needs at different stages of our lives.

Since most unit trusts or collective investments limit their investments to securities, let us explore some of the reasons why investors, both institutional and individuals, might want to own a unit trust. Many prefer unit trusts because they are easily bought and sold. They represent variety and flexibility of returns. Unit trusts can be bought at varying prices, from very low to very high, and small amounts can be invested at convenient intervals. Unit trusts can be selected, often with excellent results, by having limited investment background.

When investing in unit trusts, investors can profit in two ways. They may receive distributions. Since the market value of unit trusts fluctuates, investors also profit when selling their unit trusts in the event of substantial or marginal increase in value. However, fluctuation also means the value of your unit trust can go down in value. That is why unit trusts are recommended for medium to long-term investment programme. Regardless of which unit trust is selected, it should meet the investment goals. A basic rule is that it should not be done on impulse.

What About People Who Are Retired Or Have A Family?

Age is a strong consideration in investment decision. Notice how conservatism comes with age. With age, comes the awareness that a serious investment error could jeopardise the security that has taken years to accumulate. The closer the retirement, the fewer the years to rebuild.

Investment risk is quite different from gambling. Weighing risk based on facts is investing. Taking chances based on odds is gambling. The point is, age is an important factor in deciding risk.

Another strong consideration is responsibilities. A young individual beginning a career with the additional responsibility of one or more children must weigh these responsibilities. The most protection for the fewest ringgit should supercede any forced savings that would reduce family protection.

Financial needs change. How they are met should depend on our responsibility.

Why Should I Start Investing Today?

Today's decision should consider tomorrow's needs. There is a direct relationship between the amount of money you need to accumulate and the number of years you have to do it.

For example, if you plan to have a RM120,000 education fund, have 20 years to do it, and expect an annual rate of return of 12%, you have to invest only a little over RM120 a month. Wait 5 years, and with 15 years left you will need over RM240 a month. Procrastinate another 10 years, you will have to take almost RM1,470 each month!

Time can be a real asset when planning for a child's education or our retirement. The more time we have to save, the fewer ringgit we need now. Do not let time slip away.


What Are The Three Rules Of Investing?

There is no simple formula for successful investing. If there were, it would include three basic elements:

-Understand what we buy
-Buy value at a reasonable price
-Be patient

Understanding is so basic, it is often neglected. Too often an investment is made with no total understanding of the transaction. It is vital to understand your investment - the good, the bad, the risks and the rewards. Fully comprehending the objective of any investment will help you be more comfortable.

Value buying demands both research and discipline. A stock may be judged undervalued for various reasons. If an industry is out of favor, the market value of the stocks within the industry might go lower but, if the fundamentals are still positive, it is an opportunity for the investor to buy selectively as it is still a good value stock.

Patience is a vital ingredient of value investing. It could take several years for the value of your investment to materialise. This waiting period demands both patience and confidence. Most successful investors know it takes time for their investment to double, triple, and so forth. Professional managers generally agree that 5 years is reasonable.


Choosing A Professional Fund Manager : Why Can't I Do It Myself?

Put not your trust in money
But put your money in trust

Oliver Wendell Holmes


There are a lot of peolple who like to "do it their way" when it comes to investing. Right or wrong, they want to be captain of their ship. But not everyone can or likes to be captain of their ship. Being a passenger has advantages. It is usually more comfortable and certainly less time consuming. When your investments are managed by someone else, you sit back and either reap the harvest or suffer the loss.

Bank deposits and insurance are the best known managed investments outside the securities area. They usually have some guarantee of principal or income, and the income is usually low with not much risk.

Where does that leave you if you want your money to not only produce a reasonable income now, but to also grow over the years?

The answer to your question is PROFESSIONAL FUND MANAGEMENT.....If you lack experience, time, financial resources, or courage to personally manage investments, or if you believe others can get better results, this is the way to go.

Selecting The Right Unit Trust - How Do I Find A Unit Trust That Fits My Objective?

It used to be simple selecting a unit trust. Today, there are a multitude of different unit trust funds competing for investment ringgit. Perhaps a simpler way is to first identify your investment objectives. If you want your money to grow a larger sum in the future to pay for an objective and your risk tolerance is higher, you may choose a growth fund to do the job. On the other hand, if you need an ongoing income stream to pay for expenses and your risk tolerance is low, a better choice may be a bond fund. You may have different investment objectives, risk tolerance and time horizons at any one time, which warrants owning a mixture of different unit trust funds for different investment purposes.

Why Do I Have To Spend All That Time Reading A Prospectus?

Before investing in any unit trust, read the prospectus. It's required that you get one, so if it's not offered, ask for it!

A prospectus is your protection contract. It tells you all you need to know about the fund. If you plan to own the fund, you will want to know how your money will be invested.

The prospectus is a blueprint of the fund. It tells what the fund managers can and cannot do with your money. It describes risk and limits, and the amount of risk the fund is allowed to take. It tells you whether the purpose of the fund is to make profit as quickly as possible or to make only reasonable gains while first bringing in income and protecting your principal.

Many investors who are in a hurry to reach their goal, take the shortcut of not reading the prospectus. This could jeopardise your investing decisions. Read the prospectus. Arm yourself with sufficient information to make an 'informed decision'. It prepares you for what lies ahead.

omar
10-12-2005, 02:57 PM
thanks for sharing the idea about unit trust to all forum readers n members

gnehkgnep
12-12-2005, 04:52 PM
Now since.....i already mentioned about unit trust and most of u have some understanding of the way it works.......we get to the product offered by Public Mutual.......then Encik Omar if u may.....pls tell us regarding SBB unit trust......so from here everyone can learn which is the best Unit Trust to suit each individual needs........i m not here to advestise but to share investment knowledge with all forumers.......what's the pros and cons of unit trust and all UTC (Unit Trust Companies).......

and fyi....there is an Exchange Traded Funds (ETF) which is being hype by some economist which bear similarities with Unit Trust Fund (UTF).........but it follow closely KLSE composite index (CI).........so when KLSE go up......the fund (ETF) also go up.....likewise vice-versa....so the risk is higher.....let us talk about Unit Trust first then we go into ETF........


Public Mutual is Malaysia's largest private unit trust company with more than RM10 billion under management. We offer a range of made-in-Malaysia pooled investment products. Further on you'll learn all about our equity, balanced, Islamic and income funds. But what should be important to you is not the innermost workings of each unit trust fund but how a portfolio of them might work in concert to create the financial future you crave.

DISCLAIMER

The contents of this website do not constitute a recommendation to buy or sell unit trust funds.

Investors are advised that the price of units and distributions made, if any, may go down as well as up. There are fees and charges involved which investors should consider before investing in the Fund. Past performance of the Fund is no indication its future performance.

A copy of the Funds' prospectus featured in this website has been registered with the Securities Commissions, who takes no responsibility for its contents.


Fund’s Prospectus Dated

Master Prospectus 30th April 2005-29th April 2006

Public Ittikal Fund, Public Islamic Equity Fund 30th April 2005-29th April 2006
& Public Islamic Bond Fund Prospectus

PB Growth Fund, PB Balanced Fund 30th April 2005-29th April 2006
& PB Fixed Income Fund Prospectus

Public Dividend Select Fund Prospectus 3rd May 2005-29th April 2006

Public Islamic Opportunities Fund Prospectus 28th June 2005-29th April 2006

PB Islamic Equity Fund Prospectus 5th Sept 2005-29th April 2006

Public Islamic Balanced Fund Prospectus 20th Sept 2005-29th April 2006

Public Far-East Select Fund 22nd Nov 2005-29th April 2006
& Public Select Bond Fund


Please read and understand the contents of the respective Fund's prospectus (Principal and/or Supplemental) before investing in the Fund. The printed Master Prospectus and the Supplemental Prospectus listed above are available from our offices and all authorized agents/distributors of Public Mutual Berhad (Public Mutual).

Our unit trusts offerings are available in Malaysia only. Units will only be issued when we receive the official application form referred to in and accompanying the Prospectuses. Transactions are not to be conducted via computer transmission. However, investors may request for further information.

Investors are advised that the unit trusts offered are solely on the basis of the information contained in the Prospectuses and no other material outside the Prospectuses. Any other material outside the designated area of the Prospectus does not form part of the Prospectuses.

If investors are in any doubt of any feature or nature of the Fund, they should consult their financial or other professional advisor. Unit transactions cannot be conducted through this website.

Public Mutual Prospectus (http://www.publicmutual.com.my/documents/MARKETING/prospectusMasterEnglish.pdf)

gnehkgnep
12-12-2005, 04:55 PM
Now since.....i already mentioned about unit trust and most of u have some understanding of the way it works.......we get to the product offered by Public Mutual.......then Encik Omar if u may.....pls tell us regarding SBB unit trust......so from here everyone can learn which is the best Unit Trust to suit each individual needs........i m not here to advestise but to share investment knowledge with all forumers.......what's the pros and cons of unit trust and all UTC (Unit Trust Companies).......

and fyi....there is an Exchange Traded Funds (ETF) which is being hype by some economist which bear similarities with Unit Trust Fund (UTF).........but it follow closely KLSE composite index (CI).........so when KLSE go up......the fund (ETF) also go up.....likewise vice-versa....so the risk is higher.....let us talk about Unit Trust first then we go into ETF........


Public Mutual is Malaysia's largest private unit trust company with more than RM10 billion under management. We offer a range of made-in-Malaysia pooled investment products. Further on you'll learn all about our equity, balanced, Islamic and income funds. But what should be important to you is not the innermost workings of each unit trust fund but how a portfolio of them might work in concert to create the financial future you crave.

DISCLAIMER

The contents of this website do not constitute a recommendation to buy or sell unit trust funds.

Investors are advised that the price of units and distributions made, if any, may go down as well as up. There are fees and charges involved which investors should consider before investing in the Fund. Past performance of the Fund is no indication its future performance.

A copy of the Funds' prospectus featured in this website has been registered with the Securities Commissions, who takes no responsibility for its contents.


Fund’s Prospectus (Dated)

Master Prospectus 30th April 2005-29th April 2006

Public Ittikal Fund, Public Islamic Equity Fund 30th April 2005-29th April 2006
& Public Islamic Bond Fund Prospectus

PB Growth Fund, PB Balanced Fund 30th April 2005-29th April 2006
& PB Fixed Income Fund Prospectus

Public Dividend Select Fund Prospectus 3rd May 2005-29th April 2006

Public Islamic Opportunities Fund Prospectus 28th June 2005-29th April 2006

PB Islamic Equity Fund Prospectus 5th Sept 2005-29th April 2006

Public Islamic Balanced Fund Prospectus 20th Sept 2005-29th April 2006

Public Far-East Select Fund 22nd Nov 2005-29th April 2006
& Public Select Bond Fund


Please read and understand the contents of the respective Fund's prospectus (Principal and/or Supplemental) before investing in the Fund. The printed Master Prospectus and the Supplemental Prospectus listed above are available from our offices and all authorized agents/distributors of Public Mutual Berhad (Public Mutual).

Our unit trusts offerings are available in Malaysia only. Units will only be issued when we receive the official application form referred to in and accompanying the Prospectuses. Transactions are not to be conducted via computer transmission. However, investors may request for further information.

Investors are advised that the unit trusts offered are solely on the basis of the information contained in the Prospectuses and no other material outside the Prospectuses. Any other material outside the designated area of the Prospectus does not form part of the Prospectuses.

If investors are in any doubt of any feature or nature of the Fund, they should consult their financial or other professional advisor. Unit transactions cannot be conducted through this website.

Public Mutual Prospectus (http://www.publicmutual.com.my/documents/MARKETING/prospectusMasterEnglish.pdf)

JackRyan1975
27-12-2005, 11:17 AM
I have these questions pertaining to unit trusts lingering in me for some time:

1)If one can, and has the knowledge to, invest one's wealth by holding a portfolio of equity, bonds, FD, and properties, is there a need to invest in unit trusts?

2) Isn't investing in unit trusts almost equivalent to investing in shares? Opportunity for dividends and capital gains (and LOSS) are there for both.

3) Is giving advice such as increasing investments when the price is on the downtrend ("good time to increase your investment at a lower cost, after all, it's for the long term") AND uptrend ("better increase your investment as the market sentiment is picking up") considered professional advice?

4) Isn't investors the last to gain in the unit trust industry? Otherwise, how else are the fund managers getting paid big bucks, agents get their good commissions, trust companies having plush offices and a cohort of support staff.

Hope the above questions would be addressed. But till then, I am sceptical of putting my hard earned money into unit trusts.:D

gnehkgnep
28-12-2005, 03:25 PM
Emmm.....I will answer all this to the best of my knowledge.....hehehe :D .....but don't get me wrong......I m also learning.....and I m not here to do biznes......so pls do correct me if u feel so.......


I have these questions pertaining to unit trusts lingering in me for some time:

1)If one can, and has the knowledge to, invest one's wealth by holding a portfolio of equity, bonds, FD, and properties, is there a need to invest in unit trusts?
Investor = Fund A
Unit Trust Fund = Fund (A + B + C......+ n)

Note that individual investor have limited financial resources to buyback shares at low price or else when price go low.....they usually dare not top up more shares due to 'being afraid' the counter will kaput.....but unit trust if u monthly deposit about RM100 which is not much affecting your monthly budget.......u can average out your investment portfolio.....

If A kaput (delisted/bankrupt)....u lose all your money.....but for Unit trust fund......you don't lose everything......
Furthermore, Unit Trust Companies hire financial experts to look after our investment......someone with better financial knowledge than most ppl will b.....
To invest in bond.....u earn less % of return.....and in most cases u need to have huge capital for investing......if i m not wrong.....u need few hundred thousands.

2) Isn't investing in unit trusts almost equivalent to investing in shares? Opportunity for dividends and capital gains (and LOSS) are there for both.
The difference is u can alwiz switch to bond when bear run......u still earn about 6-8% interest and ur investment secure.......and when bull run......your unit trust agent will advise u to switch to equities to capitalize on the higher returns......

3) Is giving advice such as increasing investments when the price is on the downtrend ("good time to increase your investment at a lower cost, after all, it's for the long term") AND uptrend ("better increase your investment as the market sentiment is picking up") considered professional advice?
Nope....this is just basic investment knowledge.......but most ppl tend to forget this great anecdote when in the heat of bull run and also when bear hit the market.......

4) Isn't investors the last to gain in the unit trust industry? Otherwise, how else are the fund managers getting paid big bucks, agents get their good commissions, trust companies having plush offices and a cohort of support staff.
haha.....everyone get something.......this is to enable PDUT (Person Dealing in Unit Trust) to be motivated to get more ppl to switch their cash from fixed deposit to Unit Trust Fund which pay a slightly higher interest about 8%........
For your info.....what do u think EPF is doing with our money......they are basically a Unit Trust Component.......they invest our contribution into shares and pay us a meagre dividend of only 4%.......if u can make your money earn better interest for yourself without a sweat.......do you want to consider??......hehe.....in other words have a passive income.......let your money make more money for u..... :D

Hope the above questions would be addressed. But till then, I am sceptical of putting my hard earned money into unit trusts.:D

Pls ask more question......as I need to brush up my knowledge b4 my agent test on 14/01/06.......hehehe :p

haniaz
29-12-2005, 01:37 PM
Hi guys...
actually i'm a new unit trust agent.....So its lucky if u get me as ur agent!

Admin note
I have deleted the above message because this guy is soliciting for business hence breaking our Rules.

tupai
31-12-2005, 12:53 AM
hahaha...u r a newbie and u expect people to just trust u, to give u money to invest esp. in unit trust? if yr sifu is so good, i am sure his limited edition 30 clients can always intro another 30 relatives/friends to be your clients lah...u sure, this is not looking for suckers in usj forum ah?

I don't mind meeting yr sifu only if he is that good. AND he can have a big commisssion for every sen he make for me...AFTER i have collected & CASH OUT the profits, of course.

PM me if u r serious.

tupai

JackRyan1975
31-12-2005, 10:41 AM
.....but unit trust if u monthly deposit about RM100 which is not much affecting your monthly budget.......u can average out your investment portfolio.....

If A kaput (delisted/bankrupt)....u lose all your money.....but for Unit trust fund......you don't lose everything......
Furthermore, Unit Trust Companies hire financial experts to look after our investment......someone with better financial knowledge than most ppl will b.....

Even if a unit trust fund does not kaput, it's already bad enough if I end up with less than what I invested. All this the fault of the highly-paid and high-profile "financial experts with better financial knowledge than most people" who messed up my hard earned money while doing something they know best. Hehe...actually not my money but most of my friends' money, as I never touched unit trusts. :D Anyway, all the best in your endeavour as I'm sure there are many out there who has faith in these experts.

tupai
31-12-2005, 11:05 AM
soros of quantum keeps up to 50% of the profits he made for your investment...ANd his team generally had delivered until last year or so...nevertheless, he made millions & millions for his clients over the years.

If only there is a made in m'sia soros...he can keep 60% of what he make for me (rules & conditions apply lah)...AND he MUST prove that he is vvv successful (e.g. fully paid damansara bungalows, aeroplanes etc) and cash RICH (bank statement showing more than [see below]) at this present stage...

Otherwise, any tupai can pick xyz stocks or unit trust...hahahhah

Yang Ada Bank akaun RM3.75sen lato tupai :p

gnehkgnep
31-12-2005, 11:23 AM
Why looking for Soros quantum when we shud approach Warren Buffet?........at least he is richer than George Soros....... :p

mlkok
31-12-2005, 08:14 PM
Here's my 2 sen worth:
If you've actually read Buffet or Soroos, you'll know that all those dividend declarations over the years are plain BS. What you should look at is the real returns, i.e. How much money the fund actually made, not how much distribution the company declared to make the fund look good. Always remember, a distribution will be followed by a reduction in the NAV price. So doesn't that put you back in square one? Besides, all Equity funds will be taxed, which means that a distribution will actually set you back. Would be much better if you just have capital appreciation and forget about those income distribution. It's just marketing gimnick anyways.

For real returns you can always check out the Lippers or Standard and Poor's analyis from either the Star's Business pullout every Saturday or from the Edge.

mlkok
31-12-2005, 08:51 PM
SBB MUTUAL BERHAD = CALCULATIONS

Mizan (Example)=(ISLAMIC INVESTMENT)


Initial Investment RM 1,000,000.00 @ price 0.4523
Assuming Dividend of 10% per year*

Year 1 x 2,210,922 units
10% Dividend

Year 2 x 2,423,014 units
10% Dividend

Year 3 x 2,675,216 units
10% Dividend

Year 4 x 2,942,737 units
10% Dividend

Year 5 x 3,237,011 units
10% Dividend
3,560,712 units

NAV x 0.51 **
VALUE RM 1,815,963

Value of Investment RM 1,815,963
Initial Investment RM 1,000,000
PROFIT RM 815,963

% Gain over 5 years 81.60%
% Gain per annum 16.32%

Profit per month RM 13,600


P/S : WITH RM 1 MILLION INVESTMENT = RM 13,600/MTH PROFIT(+ -)


SBB Dana Al-Mizan Distribution History
Mar-2001 Launch Date
Jun - 2002 10% Bonus
April-2003 10% Bonus
May-2004 16% (8 cent) Dividend



Now that's a very optimistic claim. The fund above is a balanced fund which invests in bonds and equities. So I wonder where Omar got his figures and facts to back up that this fund will give a 10% return per annum? If there's such a great fund I would like to know.

Here's some information I got from a book titled "Investor's Guide to Malaysian Unit Trust", by Desmond Choong which is easily available at bookstores such as MPH. It's a non-biased research material. This is the actual rate of return for the fund:
2001: 4.80%
2002: 2.59%
2003: 13.12%
2004: 4.64%

Given these figures, where did the 10% per annum optimistic assumption come from? After taking into consideration that there's an upfront cost of 6.51%, you would only be making 18.64%, which in 4 years translates to 4.66% per annum. This while is better than FD is nowhere near the 8-15% as claimed. As for the 16.32%, is SBB going to make up the difference? :p

I think Omar should do some homework instead of just parroting marketing materials.

Pak Kadok
31-12-2005, 09:28 PM
Guys,

Name me a fund that has outperformed the market these last 5 years!

You don't need to be a genius to get returns above the "normal" monthly FD rate of 3.2%.

Just buy 10 lots of Btoto. In 10 years, you will double your money. Btoto gives you 11% returns gross in dividends not to mention their recent capital repayment (of 50 sen per share) & another one next yr (2006).

Even, buying 10 lots of YTL Power would double your money in 10 yrs time. You get 10% gross of dividend, plus their "usual" capital repayment with the shares they bought back, not to mention the appreciation of their share price (thru their agressive buyback).

Even buying Maybank would double your investment in 10 yrs' time if their current dividend pattern is maintained. They paid 102 sen gross in dividends last year. This year, an interim dividend of 50 sen just went ex. Not to mention the appreciation of its share price.

Even a "quiet" counter like NSOP has paid a gross dividend of 16% this year. Please take note that NSOP (RM2.41) has the backing of RM1.60 cash per share, with no borrowings.

The rule of the thumb is to steer clear from the dogs and go for good stocks with high dividend yield.

You don't need someone to manage your money. If it's your money, have the pleasure to lose your money yourself, rather than have someone lose it for you!

chyteo
31-12-2005, 09:29 PM
Now that's a very optimistic claim. The fund above is a balanced fund which invests in bonds and equities. So I wonder where Omar got his figures and facts to back up that this fund will give a 10% return per annum? If there's such a great fund I would like to know.

Here's some information I got from a book titled "Investor's Guide to Malaysian Unit Trust", by Desmond Choong which is easily available at bookstores such as MPH. It's a non-biased research material. This is the actual rate of return for the fund:
2001: 4.80%
2002: 2.59%
2003: 13.12%
2004: 4.64%

Given these figures, where did the 10% per annum optimistic assumption come from? After taking into consideration that there's an upfront cost of 6.51%, you would only be making 18.64%, which in 4 years translates to 4.66% per annum. This while is better than FD is nowhere near the 8-15% as claimed. As for the 16.32%, is SBB going to make up the difference? :p

I think Omar should do some homework instead of just parroting marketing materials.

yup, agreed with mlkok...must minus the sales charge (between 5 - 6.5% in most UT in Malaysia) from the so-called per annum total return to get the "real" return %. If you really look through Lipper Leaders list of UT, the "real" return rate for most equity and balanced funds over 5 yrs or even 10 yrs period are not really impressive, and most of them even lose out to bond funds!!!!

another thing that i look for in the UT interim/annual report is the "Units Created during financial period" item. A fund can perform well in a bear market by just having huge inflow of $ into the fund, ie by holding the $ inflow as cash. This doesnt mean the fund is great or the fund manager is a super stock picker.

Vice versa, a huge outflow of fund might force a fund to do force selling of shares which result in a drop of fund performance. Again, this doesnt mean that the fund is bad or the fund manager is of no good...

just a few points to ponder and share...

Pak Kadok
31-12-2005, 09:46 PM
yup, agreed with mlkok...must minus the sales charge (between 5 - 6.5% in most UT in Malaysia) from the so-called per annum total return to get the "real" return %. If you really look through Lipper Leaders list of UT, the "real" return rate for most equity and balanced funds over 5 yrs or even 10 yrs period are not really impressive, and most of them even lose out to bond funds!!!!

another thing that i look for in the UT interim/annual report is the "Units Created during financial period" item. A fund can perform well in a bear market by just having huge inflow of $ into the fund, ie by holding the $ inflow as cash. This doesnt mean the fund is great or the fund manager is a super stock picker.

Vice versa, a huge outflow of fund might force a fund to do force selling of shares which result in a drop of fund performance. Again, this doesnt mean that the fund is bad or the fund manager is of no good...

just a few points to ponder and share...

And if I am not wrong, the costs of having your money "managed" annually is a sum of 1.5% of the total value of your investment.

You enter, you "lose" 5 to 6% (sales charge), yearly, you "lose"another 1.5%.

And of course, past performances don't represent coming future performances!

Actually, if a fund has, say, RM1 billion under its management, do you know how much they make annually from the 1.5% fee?!

starrnorth
31-12-2005, 11:07 PM
i only got RM10,000/- in my EPF. So your long long advertising forum is no use to me.

starrnorth
31-12-2005, 11:08 PM
i think there is a law talking like this - maybe you should ask bank negara first before you write like this. In fact if bank negara know - ha!

keithlum
11-02-2006, 05:06 PM
Interested to brief throught Trust Fund returns and its investment like, please step in

http://www.geocities.com/keithlum


thanks.

kl

Joe Gomez
11-02-2006, 05:33 PM
Last year was a dismal one for Unit Trusts funds in Malaysia in general. I saw a figure like negative 4.6 % average for 2005. This cannot deny that there have been some stars. I went with Public Mutual about 6 years ago with my EPF money and did not regret it. So even in the local market there are stars and there are the "stripped".
But I am into ( besides Great Eastern ) overseas investments i.e. unitised funds of the nature that we are talking about.
I have seen SAFE and steady.
I have seen LACKADISICAL and steady.
I have seen SCARY. This one made my B***s shrink. Over the last 10 years it made 1893 %. During that time it went into negative i.e. dipped 103 % in one day. On another day it went up 67 % in one day.
S C A R Y !!! :eek: :eek:

But there are some gems among those offerred overseas. & the options are very very wide.
What is really heartening is that the exposure is not to only the Bolehland market but that of the entire world.
For instance, the flavour of the day are BRIC funds i.e. they are the rage now ....
Brazil
Russia
India
China
These are seen as positive dynamos. But one needs to tread carefully here as well ...... also got many minefields. Hence, the selection of the fund manager is of prime importance ..... even more so than the fund per se.

Of course, one also wld want to know whether the fund managers are there to stay or whether they are from some country like Western Samoa or the like .....

There is no doubt there is a lot of crap out here in Bolehland and a lot more out there overseas.
But it is heartening to know that out there there are numerous good steady performers.
In any case, the principles enumerated by gnehkgnep are worth looking at, at least in the process of selecting a fund wisely.

BMW9700
12-02-2006, 02:33 PM
all beware...in unit trust you are the loser and the agent and fund managers are laughing all the way to the bank...

better keep your money in FD...

keithlum
12-02-2006, 03:35 PM
to Mr. BMW9700


There are 3 categores for the investors.


A) Aggreasive Investors : who are educated and taking agents advices to manage their fund in the right way They understand what is DALLAR COST AVERAGING and BUY LOW SALES HIGH concept.


B) Moderate Investors: Need to enhance their saving but worry volitile market. They followed DALLAR COST AVERAGING method and targeted 2 - 3 years saving period for higher returns diversify their capital from saving account to mutual fund accounts partially.


C) Conservative Investors: Normally they "know" or "heard" what is mutual fund but they have no actual mutual funds expericence. So I advice them to start the minimum amount RM1000 in equity fund to get the higher return. I strongly recommend 2 - 3 years also.


=====================================

Out of 3 categories above. You may put your monies in Bank FD 3.7%, normal saving account approximately 0.2% and EPF 4.75% (actually lower than that, try calculate your epf interest again).

Why not you choose the 3rd category and come in minimum amount in mutual fund market and see if your returns within 2 - 3 years no matter how market is bad or good. Just concentrate maximum 3 years enough already.

=========================================


Public Mutual Berhad already 31 years established in Malaysia and has gone through all bad financial crisis and good bullish market and it is the still top 1 and the largest mutual fund company in Malaysia.

Pls anyone try to cut down the bad comments about mutual funds, if no Fund Managers support the market, then that is truthly bad economy downtrend in our country.


If you need to grow you money, fixed interest rate wont help actually.

That is the best time if maket fluctuate because we have room to grow in a timely manner.

===========================================

You are welcome to contact me about fund topics, i' am glad to discuss with you.


thanks again.

KL (Admin note - no adverts please. Webpage URL removed)

authorized full time mutual fund consultant

keithlum
22-02-2006, 12:45 AM
those customers who applied any p mutual fund are very happy because they see their returns % already since started 24 months ago no matter market bullish or bearish.

More referals will come in. very good sign in the future for another 24 - 36 months with dollar cost averaging processes.

mutual fund is good if choose the right one with the right agent's advice.