There is a new fund being launched by Public Mutual Berhad. It's called Public China Ittikal Fund. It is an aggressive and Islamic fund that is invested in China, Taiwan and Hongkong. So if you have been thinking of investing in China but cannot due the capital constraint ..this is your chance... :)
During promotional period from 20November to 10 December 2007 it will be selling at 25cents per unit with a 5.45% service charge.
So folks out there grab this great opportunity to receive great return for your hard earned money. For further information regarding the fund you can go to http://www.publicmutual.com.my/
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Tuesday, November 20, 2007
Tuesday, August 21, 2007
PIDF will be accepting EPF sales (including switching sales) with effect from 20 August 2007.
The current special promotional servicec harge of 5.45% f NAV on EPF sales will be extended to include PIDF as well. This special promotion will run until 30 August 2007.
PIDF is an Islamic equity income fund that seeks to provide income by investing in a portfolio of Malaysian stocks that complies with Shariah requirements and which offer or have the potential to offer attractive dividend yields. This fund is suitable for investors with moderate risk-reward temperament who prefer to receive regular income while capital growth is secondary. Do take this opportunity to top-up your EPF investment in the PIDF fund.
The fund total return since it launched date of 14 February to 20 August 2007 is 36.75%
Thursday, August 16, 2007
Single pricing... How many units will I get and how much shall I pay for my investment?
On 9 October 2006 Securities Commission announce the initiatives to accelerate growth and enhance investor protection in the unit trust industry. One of the initiatives are single pricing. below is an excerpt from the newspaper announcement:
So with this new ruling how many units will you get and how much shall you pay for your investment?
Below is an example of how the calculation is done when the fund NAV per unit is RM0.2500.
Units credited to your account:
A single pricing regime will be introduced at the beginning of the second quarter 2007 to ensure there is full transparency and disclosure of up-front costs. Unlike the current dual pricing regime where prices are quoted inclusive of charges, under the single pricing arrangements, prices will reflect the net asset value of a unit and all charges will be separately disclosed. The enhanced transparency of prices and charges will allow investors to compare the costs of investing in unit trusts associated with different channels of distribution and should lead to a more competitive cost environment.
So with this new ruling how many units will you get and how much shall you pay for your investment?
Below is an example of how the calculation is done when the fund NAV per unit is RM0.2500.
Units credited to your account:
= Amount invested /NAV per unit
= RM10,000/RM0.2500
= 40,000 units
Service charge per unit :
= RM10,000/RM0.2500
= 40,000 units
Service charge per unit :
= NAV per unit x Service Charge (%)
= RM0.2500 x 5.45%
= RM0.013625
Total service charge incurred:
= RM0.2500 x 5.45%
= RM0.013625
Total service charge incurred:
= Service Charge per unit x Units credited to investor
= RM0.013625 x 40,000 units
= RM545
Following the above, the total amount you should pay will be:
= Amount invested in PIABF + Service charge incurred
= RM10,000 + RM545
= RM10,545
= RM0.013625 x 40,000 units
= RM545
Following the above, the total amount you should pay will be:
= Amount invested in PIABF + Service charge incurred
= RM10,000 + RM545
= RM10,545
Monday, June 25, 2007
EPF new regulation..
Unit trust management companies are directed by KWSP to stop accepting new EPF investments into funds with foreign exposure with effect from 21st June 2007.
Due to this new directive Public Mutual will only accept EPF investment for the following funds with effect from 2nd July 2007:-
1) Public Regular Savings Fund (PRSF)
2) Public Index Fund (PIX)
3) Public Islamic Balanced Fund (PIBF)
4) Public Select Bond Fund (PSBF)
5) Public Money Market Fund (PMMF)
6) Public Islamic Money Market Fund (PIMMF)
The new EPF investments into the above 6 funds made from 2nd July 2007 onwards are only allowed to be switched within these funds and any other funds which may be approved later.
Public Mutual also will be running a Special Promotional Service Charge of 5.45% (instead of the usual 6.5%) on all EPF investment invested into PRSF, PIX and PIBF from 2nd July 2007 until 31st July 2007.
The above 6 funds will not be investing abroad. So EPF investor grab this great discount, a big saving in service charge!
Due to this new directive Public Mutual will only accept EPF investment for the following funds with effect from 2nd July 2007:-
1) Public Regular Savings Fund (PRSF)
2) Public Index Fund (PIX)
3) Public Islamic Balanced Fund (PIBF)
4) Public Select Bond Fund (PSBF)
5) Public Money Market Fund (PMMF)
6) Public Islamic Money Market Fund (PIMMF)
The new EPF investments into the above 6 funds made from 2nd July 2007 onwards are only allowed to be switched within these funds and any other funds which may be approved later.
Public Mutual also will be running a Special Promotional Service Charge of 5.45% (instead of the usual 6.5%) on all EPF investment invested into PRSF, PIX and PIBF from 2nd July 2007 until 31st July 2007.
The above 6 funds will not be investing abroad. So EPF investor grab this great discount, a big saving in service charge!
Thursday, May 17, 2007
Gold for the Early Bird
The main enemy in getting a high return is not the volatility of a market, but procrastination. We can see from the diagram below what it cost to Clyde when he only starts saving when he is 27 years old.
Although he save RM1,000 a year for the next 38 years, he still cannot match the amount of money that Bonnie gets for saving only 10 years at the early age of 18. The earlier you start the lesser amount you have to save and you don’t have to seek a very high interest rate.
As it goes the higher the interest rate, the higher the risk that you have to put up with. So if you start early you can put your money in a moderate unit trust fund and still get a higher gain. You don’t have to go through the high volatility of a direct stock investment or the aggressive/high risk unit trust fund. So the best advice is start saving or investing now!.
Although he save RM1,000 a year for the next 38 years, he still cannot match the amount of money that Bonnie gets for saving only 10 years at the early age of 18. The earlier you start the lesser amount you have to save and you don’t have to seek a very high interest rate.
As it goes the higher the interest rate, the higher the risk that you have to put up with. So if you start early you can put your money in a moderate unit trust fund and still get a higher gain. You don’t have to go through the high volatility of a direct stock investment or the aggressive/high risk unit trust fund. So the best advice is start saving or investing now!.
Monday, May 7, 2007
Eight Golden Rules Of Investing.
- Do Not Borrow To Invest.
- Do Not Invest All Your Money.
- Do Not Invest Money You Need Soon
- Do Not Get Emotional And Panic
- Do Keep Investing And Stay Invested
- Do Diversify
- If an investor invest all his money in a single stock, when the price falls
- Do Take Professional Advice
- Do Give Your Investments Time To Grow.
If an investor were to invest his money in a single stock counter, he could lose all of his money if the company went into liquidation. A unit trust spreads the risk off loss by holding a portfolio of stocks which behaves in a less volatile manner. It means less sleepless night for you.
Monday, April 16, 2007
Fund can Invest More in the Overseas...
STARTING April 1, Malaysians will be able to invest more of their money abroad as they search for better returns.
Bank Negara Malaysia has relaxed rules to allow unit trust companies to invest half of their total net asset value (NAV), or the market value of their investments, up from 30 per cent previously.
This means that unit trust firms will be able to offer additional units in funds that invest overseas.
Such funds have been selling well, but unit trust managers have complained that most of them are close to hitting the ceiling in terms of foreign investments.
"This is good news for unit trust players to come up with more global funds which will give more choices for investors to diversify their investment portfolios," Amanahraya Unit Trust Management Sdn Bhd chief executive officer Roslan Harun said.
"I personally think the figure should be more than 50 per cent of the NAV as local investors' appetite for global funds now is on the rise."
He said investors do not want to be restricted to only investing in the local market.
The announcement could entice one or two unit trust companies to focus only on global funds, he added.
"Players now can come up with products that could actually focus on specific countries, such as China and India, apart from the US and Europe," said Roslan , adding that Amanahraya Unit Trust has applied to launch a global fund.
Another industry player, a senior manager at a unit trust firm, said that this latest move had been long awaited.
"It has been close to two years that the limit was revised to 30 per cent, and some of us had expected it to go up to 60 per cent," she said.
She said that this latest development would certainly enhance investment returns as investors would be given more options for a better risk-and- return profile for their funds.
Bank Negara Malaysia has relaxed rules to allow unit trust companies to invest half of their total net asset value (NAV), or the market value of their investments, up from 30 per cent previously.
This means that unit trust firms will be able to offer additional units in funds that invest overseas.
Such funds have been selling well, but unit trust managers have complained that most of them are close to hitting the ceiling in terms of foreign investments.
"This is good news for unit trust players to come up with more global funds which will give more choices for investors to diversify their investment portfolios," Amanahraya Unit Trust Management Sdn Bhd chief executive officer Roslan Harun said.
"I personally think the figure should be more than 50 per cent of the NAV as local investors' appetite for global funds now is on the rise."
He said investors do not want to be restricted to only investing in the local market.
The announcement could entice one or two unit trust companies to focus only on global funds, he added.
"Players now can come up with products that could actually focus on specific countries, such as China and India, apart from the US and Europe," said Roslan , adding that Amanahraya Unit Trust has applied to launch a global fund.
Another industry player, a senior manager at a unit trust firm, said that this latest move had been long awaited.
"It has been close to two years that the limit was revised to 30 per cent, and some of us had expected it to go up to 60 per cent," she said.
She said that this latest development would certainly enhance investment returns as investors would be given more options for a better risk-and- return profile for their funds.
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