Comments on: Which unit trust funds to buy

By: Tang

Tang — Sat, 01 May 2010 05:51:03 +0000

I’m not that good in investing Unit trust but i bought Public china select Fund two years ago, the price look like no movement although market bound back this year. should i top up to get cheapest price now to average up or buy others?

By: Jason

Jason — Mon, 13 Jul 2009 08:28:50 +0000

I am a BIG FAN of UNIT TRUST but I have no experience in investing in Unit Trust in Malaysia apart from my Prudential Policy I have which invested in their own fund. My lack of exposure in Msia Unit Trust Market was due to the Capital Market Restriction in the past where most if not all of the Unit Trust only invest in Malaysia Market until recently (probably 2 years back) where Unit Trust investing in overseas market started in Msia.
I always encourage my relatives/friends to use dollar averaging method to accumulate Unit Trust as compared to timing the market (note that even the smartest will get burn in the market, so timing the market is not a good way of investing).
To a certain extent, I agree with Mike that when market is peaking, it’s good to pull out slowly or even switching to safer instruments but predicting Peak is always not the best way.
Personally, setting a realistic targetted return of say 8% – 10% return may be something which one can adopt in exiting from Unit Trust investment. In addition, having the timeline like what Mike mentioned 5 years is a good practice. If anyone treating buying Unit Trust like punting on stock market, I would suggest the person not to invest as Unit Trust will not have the sudden mark up like shares in the market given many different fees involved such as:
1) Loading fee of 3% – 5%
2) Administrative fee for the Unit Trust
3) Management fee
4) Others.

Happy Investing …..

By: Mike Ng

Mike Ng — Fri, 10 Jul 2009 18:33:07 +0000

Risk comes from not knowing what you doing!!!
When the market going up and up, usually i advice my investor to pull out their money slowly or start switching their fund into conservative type like bond or money market as a temporary parking place.
We all must know that the market is volatile, it will goes up and down that why for those who invest in unit trust must have the holding power for 3 and 5 year above.
For those moderate/conservative investors,
I always recommend for those who interest to invest in mutual fund must have the holding power for 3 years above.
If you cant achieve it, then i recommend you should go for Wawasan or ASN type cause it have capital guarantee and the interest rate are up to 6.8% this year.
Remember investment are always involve monitoring and managing your portfolio. Even for unit trust.
Its your responsible and also your unit trust consultants responsible to manage your portfolio.
If got any doubt please contact me by MSN: mikenyh@hotmail.com
Mike NG
Public Mutual consultant

By: sue

sue — Sat, 23 May 2009 12:13:29 +0000

hi, anybody want to ask about why they are loss in unit trust,,and how to making profit, u may ask me at sue_ai4ever@yahoo.com…

By: Eng Hua

Eng Hua — Fri, 17 Apr 2009 06:08:39 +0000

Hi, knowing that many investors are losing their money when they invest in PB Mutual unit trust. I am one of them and i loss 50% of my capital.Instead of blaming, I find out why i loss by becoming an agent. After joining, i start to know the reasons of losing up my money. There are a few reasons that i am losing and i am sure that most of you who loss your money are practicing it.
1)Believe in your friend or relative that telling you by investing long term, you would have fabulous gain.
2)You don’t even know your objectives or the reason that you are investing.
3)You don’t understand what you are buying, equity fund, balance fund, bond fund and how this all fund operate itself.
4)You always tell yourself, “Don’t worry, the market will bounce tomorrow, the drop today is just an illusion”. Meaning that you don’t know when to cut loss.
5)When you looking back at your statement, you will just sit there and hold your statement, cursing the agent or the fund manager that make u loss your money, after a few minutes you will ignore it and tell yourself. ” I will wait until it bounce back.”

All of the reasons above is what i am facing before, because i did not study well how the unit trust function and invest blindly without learning it. Please be a smart investor and learn from mistakes, there are ton of agents out there, ask them as many questions as u can before invest, if they are the one, they will not emphasize on sales but they are willing to help you during this down time.