Public Mutual - My first Unit trust
Written by Irwan on June 29, 2006 – 4:47 pm
Finally, I just bought my first unit trust this evening. I’ve spent 2 hours listening to an agent explaining about what I have already knew. It’s quite boring until she explained about which stock is suitable for me. She is very helpful (she even sent me home with her Merc 
). I finally made my decision. I divided my portfolio to Ittikal Fund and Regional Sector.
What? You bought Mutual Funds? They are easy to get down but damn long to back up?
You are right, that is what I am expecting. Dollar cost averaging works best in Low-then-up market and in long-term investment. And for Ittikal, it has a gradual increase and outperform KLSI growth. It will likely to hike 50-80% in 5 years (according to past performance but past performance is nothing more than just an indicator 
).
Why I choose Ittikal and RegSec?
I invested 66% fo my fund in Ittikal and 34% in RegSec.From past performance, Ittikal achieved 70+% in 5 years with gradual increase in price. The just launched Regsec (i missed the 1% free promotion that ended 24 June), which is for aggressive investors, has more volatile price and is perfect for long term and risk-for-higher-performance investment. I am not using the money in this 3 years so it better be in mutual rather than 3% Fix Deposit, and I’m setting up autodebit from my account to contribute 6-7% every months. Neat! The lesser money with me, the lesser I spend it.
Posted in Anatomy of Investment |
July 17th, 2006 at 9:47 pm
cool,
I am planning to invest in unit trust too. Maybe i will used Maybank.
So tell me about this Unit trust, How do you calculate unit trust profit?
Suppose that i invest RM1000. what my profit will be at the end of the month?
Thanks.
[Reply]
July 18th, 2006 at 9:07 pm
hi there, ive made up a post about how to know calculate unit trust profit. Hope this will help:
http://www.irwan.biz/understanding-mutual-fund/
[Reply]
August 1st, 2006 at 12:11 pm
Hi Irwan
I enjoyed reading your blog. It’s good to see a fellow Malaysian promoting the importance of savings. I have invested in Ittikal too and have also done quite some research on mutual funds investing. If anyone wants to check it out the address is: http://mywealthplanner.wordpress.com. Keep up the good work!
[Reply]
August 24th, 2006 at 12:50 pm
Hi Irwan!
Your blog is really cool, man… I enjoyed reading every single comment on financial planning topics. BTW, what does ‘financial freedom’ mean? And is there any difference between unit trust and mutual fund? Similar mechanism?
Unit trust industry is still new to me. It caught my attention after a local newspaper reported that EPF investors suffered a loss of RM600 million. Wow! That’s a lot of money… Just imagine for those investors who going to retire in 2 or 3 years time. Do you think that they could recover their initial investments? Anyway, these are some of the questions came to my mind and it makes me become more and more interested in unit trust…
I’ve been working for approximately 3 years and I realised that I haven’t made any savings or investments since then. I’ve to start investing / saving now…
How to invest in unit trust? Which unit trust companies are highly recommended? Before this I’d been approached by a few unit trust consultants mainly from SBB Mutual and Public Mutual but I always ignore them. Now I think I need to meet them but I don’t how and where to meet them. Any ideas? Who is your consultant, Irwan?
[Reply]
August 24th, 2006 at 1:43 pm
hi nazri, im glad that my posts are useful to you
. To me, financial freedom is to have enough passive income (mainly from investment) to support my life without the need of other paycheck.
unit trust is the other name for mutual fund.it’s synonym.
actually, EPFholder can only withdraw a small percent of total money in their first account. It’s not involve all the one’s money in EPF. That’s mean, the result is not as devastating as it’s heard. Emily knows more about this i think
http://mywealthplanner.wordpress.com/2006/08/10/epf-v-mutual-funds-what-you-need-to-know/
To invest in unit trust, you can go to the unit trust center. I went to Public Mutual last time, after considering the bads and goods of unit trust.
However, ASB is the best starting point to invest in unit trust. It’s for moderate to low risk investor. You can buy ASB unit in major banks. it offers around around 7% dividend last year. And I think this year it will be around 6.8-7.2% (based on current trend)
If you want to know more about certain fund, you have to read its prospectus. for Public mutual, you can go to
http://www.publicmutual.com.my
there, you can read prospectus and see the performance chart for the fund. It is very useful.
My agent is from public mutual. The agent/consultant will tell you about the basic stuff, but don’t expect them to be as resourful as financial advisor.
[Reply]
September 14th, 2006 at 8:44 pm
hey, i just dropped by this blog accidentially, i also invest 30k with a public mutual consultant last week for that paif. this is the web i found from my existing agent. bye.
[Reply]
October 25th, 2006 at 8:15 pm
Assalamualaikum,
Hi, I really admire at your enthuasiast for the financial freedom. There are many ways to get successed. Now as far as I see here, you already have two of them. Firstly as an investor at Unit Trust, secondly as an internet marketer. My advise is get the insurance also! Go to:
I wise a very Good Luck for you.
[Reply]
November 15th, 2006 at 10:52 am
hi Nazri and anyone there,
Financial freedom means that you have the control on your money.
U have the power to do wahtever u like to your money and somemore growth the money. If u do want to invest u can contact me .I wud be hepi to show u the benefit.
[Reply]
November 29th, 2006 at 9:54 am
Hi & assalamualaikum;
I’m successfully running a state-owned company in the east coast and is always searching for “financial freedeom”. I have tried some MLMs…receive more bonuses compared to the amount I invest…yet I found doing UNIT TRUST is a lot easier than one can ever imagine!!
If you are interested to know more on unit trust especially PUBLIC MUTUAL feel free to contact me at the above email and I will definitely respond to you ASAP. I’m in the process of having my own website and you can browse the website at least 1 week from now ‘coz still in the process of putting all the relevant data and info.
Once you have basic understanding on unit trust you can either:
1) Invest
2) Become Unit Trust Consultant with so many benefits
3) Become an introducer to potential investor and receive commissions
It’s your choice…
[Reply]
morad reply on June 12, 2008:
Hi Ali is your webpage ready yet?
[Reply]
Mohd Ali reply on June 17, 2008:
Dear all;
Pls visit http://truewealthgroup.blogspot.com
[Reply]
December 5th, 2006 at 9:42 am
Ali and Irwan,
Do you have a contact person of Public Ittikal Fund agent around west cost area preferably around Malacca (because I’m working there), I think I have to start now after postponing it for 1 year.
my email : elziyanti@yahoo.com
[Reply]
December 5th, 2006 at 12:10 pm
Elziyanti;
I’m going big time with my Public Mutual right now and have found a way how to make it big in this business!!
I will email you soon on how to do it. If you really want to invest, u can invest and if you want to make side income I have the secret..no joke..Wait till you receive my email
[Reply]
Mitchelle reply on April 17, 2008:
Can you please tell me more about what you’ve mentioned? basically i have no basic in investment or unit trust. Can you tell me more on how to monitor which is the right fund and right time to buy?
[Reply]
December 19th, 2006 at 10:55 am
Hai Mohd Ali,
Currently im investing in asb based on Irwan advised and strategy. But then after i read ur comment about UT, it seems like i can growth more money with doing both asb adn UT. It is pleasure for me if you also can send on how to invest in UT.tQ
[Reply]
December 21st, 2006 at 12:01 pm
Hi Hafiz;
Tq for your enquiry regarding the UT. As I mentioned earlier..I can see how you can gain either as an investor or an agent or both. As investor you get ROI (Return of investment) only and is based on the fund performance. For your info..most Public Mutual funds have a return of between 10 ~ 15% per annum which is obviously higher than FD, EPF, TH or even ASB. any time. I’m a certified Unit Trust Consultant for P Mutual and within less than 2 wks I have gained 4 figures direct commission as an agent only. I will explain to you how to do it but most important you have to go for exam and become UTC like me!
If you really want to know more feel free to call me at
[Reply]
hafizi reply on April 15, 2008:
I want to be unit trust agent. can i be under you?
Can you guide me or meet me on how to register?
hafizi 0172361609
[Reply]
Investor reply on June 17, 2008:
Hi, if you’re interested to invest or become an agent, it is advisable that you do your homework first. Then when you meeting with the unit trust consultant, a lot of questions you can ask. You can find information from several good location like http://www.publicmutual.com.my, http://www.unittrustguide.com and http://www.fmutm.com.my. Good luck.
[Reply]
December 23rd, 2006 at 12:42 am
Thanks En Mohd Ali for being in this site.
it might be helpful to all of us if En. Mohd Ali could write a post about strategy to invest in unit trust. I believe that those who had already understood the importance of investing still haven’t had enough clue on how to maximize their investment. I had an experience with an agent that could not advise me about any other strategy except long-term investment (which work best in gaining market, like now).
As far as I can see, Unit trust is heavily influenced by Composite index but most of the time, it beats composite index by maximize the gains and minimize its loss. But still, the influence is there.
With that being said, i hope i could know more about any other strategy from En Mohd Ali. Im glad to post your view in my blog.
[Reply]
December 27th, 2006 at 5:09 pm
Assalamualaikum,
Interesting topic. Agree with Mr. Irwan that unit trust price is heavily influenced by KL Composite index. It depends on what fund one buys. If you buy Growth or Dynamic fund, then >60% will be invested in Equity that are listed on Bursa Msia or regional mkts. You must KNOW what you’re investing and WHEN to invest. I am involved in the stockbroking industry and also a unit trust agent.
My observation so far, most investors don’t even know what funds they bought. They just leave it to their agents. Please….Its YOUR money. Do monitor your investments. There are many unit trust agents out there who do a HARD SELL.
[Reply]
December 27th, 2006 at 8:48 pm
In my website you can surf the information of ‘the way to financial freedom’ find it and make your life easy. Good luck!
[Reply]
December 27th, 2006 at 10:13 pm
thanks for your suggestion… but umm.. i dont want to limit my definition of financial freedom to ;buying takaful’. but it’s nonetheless a good alternative to insurance.
[Reply]
January 20th, 2007 at 5:06 pm
Very intresting site. Good place to discuss about Unit Trust. Very well informed. Public Mutual fund is the best.
[Reply]
January 24th, 2007 at 2:43 pm
I’m a Public unit trust holder too!. just to share with everyone how is my strategic of investing in unit trust. Basically, before i do investing in any form of investment. i had build-up an emergency fund first. (initially, i set aside for 3 mths expenditure. then the less of my money go for invesment. As my investment grow. now i had set aside for 1 year which 3 mths in FD, 9 mths in public bond fund.). After i had build your emergency fund. then i had choose invest in mutual fund by 10% in bond 20% in balance fund, 30% in index fund and 40% in growth fund. So my profolio comprise of fund that focus on KLSE, Far East & Global. For the time being, large % of my fund are focus on KLSE & Far east, because i felt the growth will still continue for quite awhile.
My strategic of investing is base on the BUll & BEAR market. When i feel the market had turn to bull market. then 1 will adjust my % for each categories of funds. (most of my growth fund income/unit will transfer to my balance fund and cash up some to my bond fund. this is to control the impart if the bear suddenly come up and play. so if it really happen, then most of my fund will safe and i would wait until the market is at low, then i transfer back my fund to growth fund.) I have done a personal chart on how much % of distribution in each categories of fund in regard to bull market and bear market. Other than the average unit costing known by everybody here. i myself have invent a method which by transfering your fund between different categories. actually u can expect high return compare to, just invest the money and let it run by itself.
If anyone interested to get a more clearer picture what am i talking about. just drop me a mail at
Of course, the above just my own investment strategic, and i always looking forward for a better one. hope we all here can share all we know about investing with an open heart.
Like my Name……… Friend!
[Reply]
Pak KO reply on May 16, 2008:
HI …I lke what I`ve read…kindly mail me pls on your other best strategy to grow and in control of our own investment.
TQ Love always
[Reply]
jhuan reply on June 9, 2008:
would love to take a look at your method. Pls email me a copy. Thanks in advance.
[Reply]
February 4th, 2007 at 8:06 pm
Good to know some awareness in investing.
What is your view on some agents (basically from other companies) that advise their clients to redeem their UT investment under EPF scheme when it makes profit. I do beleive that this is unethical since when its moved back to EPF, the client’s EPF Account 1 will be fatter, resulting in more and higher amount of withdrawal and higher commission cut for the agent.
Client/investors will lose out coz the same money is charged twice, or many times, and next investment withdrawal for that amount start at -ve 6% again.
Hope Public Mutual consultants dont subscribe to that practice, for the good name of the company and the benefit of the industry.
Nice site. keep it up.
Rgds
Mohd Basir Ahmad
Unit Trust Consultant / Agency Supervisor
Public Mutual Berhad
[Reply]
February 5th, 2007 at 5:07 am
I’ll suppress (haha i like that word) all contact information except url of the poster. this to prevent this site to be advertising spot for some mutual agent. unrelevent email/website also will be delete. if you really interested to put your link/website as advertisement in my blog, contact me at numpxap@yahoo.com
[Reply]
March 8th, 2007 at 8:18 pm
way to go irwan..great choice tt u managed to invest in PB ittikal before it closed. wish i had some excess cash at that time to do so as well.
i still think its better to move the money out to invest in unit trust esp public mutual..rather than leaving it in EPF.
basic mathematics:
u have rm10,000.
annual returns for investment in EPF at 5% returns = 10000*5% = 500
annual returns for investment in unit trust :[eg. public ittikal total returns for 2006 at 26.01%, fee (6.5%)]
= (10,000*26.01%) - (10000*6.5%) = RM1951.
This is simple calculation, not taking into account the bonus units/dividends/free insurance.
just take the commision you have to pay to the agents as courtesy service fee for their transport, phone calls,etc. anyway, unit trust consultants only get 2.85% of the sales. those higher in the rank gets the balance of your service fee.
[Reply]
April 7th, 2007 at 6:56 am
Hi all, thought of joining the crowd. I’ve been investing with other mutual funds few years back but decided to swtich all to Public. Currently I’ve invested into Ittikal, Asia Ittikal, Islamic Oppurtunity and latest new issue. I would say all my funds are performing well (especially ittikal) considering they are less than 8 months. I feel that what is the most important in dealing with unit trust is the agent him/herself. The agent, apart from convincing the client on the 1st investment, must also advice and inform the client of the prevailing scenario of stock market, bond fund, money market etc that may be an interest to the client. There are not many who do that. So I decided to become one. I’wll be an agent soon and hope to impart my experience on the ups & downs of playing stocks, running own business, working as top management and being an investor. I’ve done it all. At this point, I must say, investing in unit trust is very,very smart thing to do !
[Reply]
May 4th, 2007 at 5:04 pm
Hi Guys!!
What an interesting issue to talk!! I just came back from my SUPER SALES LEADER training with public Mutual and about to register as an agent. the reason? Because I know that this public mutual SUPERB and can help a lot of ppl out there to gain more with their money instead of put it in savings account. PUBLIC MUTUAL is totally what I need!!!
[Reply]
May 4th, 2007 at 11:20 pm
Congratz Muzz, I hope you’ll be a responsible, consumer-centric and not just a rhetoric agent. Good luck in your future bro!
[Reply]
May 12th, 2007 at 2:25 pm
Hi Irwan,
First of all i wanna to thank you for ur blog, it is very helpful for those who never but interesting in investment (such as me). Unit trust industry is still new to me and i hope u can answer my question before i involve myself on it. Your patient is much appreaciate because i was alot of question want to ask..haha
1. Izzit unit trust is more safety than share? easy to analysis/manage?
2. How should i step out my first step to buy unit trust? any branch of any bank in malaysia?
3. Does it have min limitation capital to buy unit trust? let say i have 5k, can i buy it? can i every months increase mine capital into the unit i bought? because i was plan to have a long-term investment on it since that are my extra saving money.
4. If i buy and sell it, will it have any charges(agent fees, procedure fees)?
5. For your opinion, which fund is most safety/higher profit to invest?
6. Where can i get the lastest information for all the unit trust everyday? any website or newspaper can refer?
7. Can the investment auto withdraw from my saving acc? must same acc with the bank i bought unit trust?
8. Do you know any agent/consultant around petaling jaya can advise or explaint more detail to me? or should i walk in to public bank to ask for this? will they have related person to entertain me?
That is all newbird question i want to ask. I already save this link as bookmark and will come to check when i free..Thank you for your soonest reply. Thanks!
Finally wish you have a nice day and earn a lot from investment. q(^^)p
[Reply]
May 15th, 2007 at 3:43 am
Hi Ming,
Hope this might help …
The conventional way of saving is using fixed deposit(FD) which is giving about 3.8%. If we deduct this with the inflation rate about 3%… we gain almost nothing.
1. Unit trust is actually a way to gain more from your savings. With the help of analyst/fund manager, there’s no need for us to worry much.. because they’ll do all the work for us. Ever invest in shares??? It’s difficult if we don’t have the time to monitor it. We don’t know when is the right time to go in and go out. Basically your saving will be diversify which will minimize your risk, because the fund will be invested into various equity/shares.
2. As a unit trust agent, I’ll definitely say “no” if your going to invest direct from the bank of the chosen unit trust fund cause there’ll be no commission. But if you think of it in another way, you’ll have no customer service direct to you other than the one’s offer by the unit trust company. By going thru agent, you can have personal care for your accounts.
3. There’s a minimum amont you’ll need to invest for initial investment. After that, there’ll be minimum additional investment that you can add in anytime.
4. There’ll be no other additional charges, since other expenses have all been calculated in the buying and selling NAV prices of respective unit trust.
5. Which fund to invest depend on your tolerance to risk. Each person is different depanding on their career and environment.
6. It’s a must for all unit trust fund to post the prices in major newspapers.(eg. TheStar, SinChew). It’s even easier if you check at the unit trust website.
7. Yes, you can direct debit your savings into your unit trust fund. All you need to do is to fill out some forms. In that way, you don’t even have the hassle to do the necessary procedure always..
8. If your interested, you can contact me..
I’m available around klang valley
[Reply]
May 16th, 2007 at 11:47 am
Hai, any other people out there looking for investment.
[Reply]
May 18th, 2007 at 3:13 am
Hi everybody…is me again..today i was some new question here…maybe cant consider as question la…but just intend to ask some opinion from all senior here….hehe
recently i was focus on those aggressive fund, can some body provide me some information and opinion for them?
1. PIF
2. PAGF
3. PBGF
4. PBADF
can some senior share information of them to me? if compare with each of them.. which one is more better?oh ya~~kkchow23, can u give me ur hp number? i plan to have a talk with u, if u free.
Thank you.
[Reply]
May 22nd, 2007 at 11:56 pm
Notice that you’ve selected 1 aggressive funds (PAGF) and 3 moderate funds (PIF, PBGF & PBADF)…
Basically aggressive funds tend to achive better performance than moderate funds. However, this doesn’t always apply in all situation as some might outperform each other…
As for new funds, it’s advisable to invest as it gives free 1% units. But please bear in mind that new funds usually tend to perform slowly at the early stage.
You can contact me at
[Reply]
May 26th, 2007 at 8:41 pm
Assalamualaikum…
Saya tak pandai sgt berbahasa English, malu jugak nanti takut tersalah bahasa. tapimasih teringin nak komen sesuatu di sini. Sebelum ni memang tak tahu langsung apa itu Unit Trust or Public Mutual Sampaila one day saya di approach by one of the Public Mutual unit trust consultant. At first saya cuba invest EPF, tapi lepas tgk keuntungan yg dapat naik geram pulak so saya cuba cash. bermula dengan RM1000. Alhamdullilah.. pulangan dia memang diluar jangkaan tak macam ASB yang disimpan RM1000 bila nak keluarkan pun RM1000. No capital gain. Memang tak menyesal. Sekarang saya dah tambah investment sebanyak RM10,000. Tapi apa yang paling menakjubkan tentang Public Mutual is my agent. he updates me almost every months and her service is one of the reason what I luv about public mutual. And she also pretty.. heheheh but that not the issue. The issue is Public Mutual will always be my choice. Banyak my friends yang masuk Swiss Cash kind of big talk previously. And they even laugh at me. Well look whose laughing now….
[Reply]
May 29th, 2007 at 3:11 pm
salam..
i read an ad in the papers recently offering people to be unit trust consultants (UTC).. apparently one can be a part time UTC.. i’m kinda interested in that.. I’ve noticed some of the previous bloggers are UTC themselves.. can you guys tell me..
1. what is required to be a UTC
2. what it takes to be one - time? contacts? workload? travelling?
3. how do you do it as part time?
thank you
[Reply]
May 29th, 2007 at 8:02 pm
hi senah..
answers to ur question
1. what is required to be a UTC -> minimum SPM.
2. what it takes to be one - time? contacts? workload? travelling? -> u hv to pass 1 easy exam handled by FMUTM. workload & travelling not heavy at all..depends on u. there’s training for ur to attend..but usually u pay rm5 or rm10 for refreshment cost only. contacts - the more you hv, the better. but this can be built over time.. or through roadshows at malls.
3. how do you do it as part time? -basically it depends how much time u want to put in..i usually only work more when there’s special offer/new launch/sales.
[Reply]
May 30th, 2007 at 1:01 am
Fazalee,
Probably you might get the wrong information… ASB is amanah saham = unit trust. It’s the same as other unit trust in the market. Probably in Public Mutual, you might see capital appreciation more since dividend are reinvested unless you stated to withdraw out.
Senah,
1) Minimum requirement : at least Grade 3 SPM and 21 years of age
2) Just need to sit for a simple exam (Computurised Unit Trust Examination - CUTE) conducted by FMUTM which takes 2 hours but most of the time it takes less than that. If you’re planning to work as part-time, there’s not much burden since all you need is to make client understand bout unit trust. Travelling is only needed when your required to meet your client and to handle application.
3) Since the most effective way is just by sharing. Whenever and wherever you are, when you meet someone you can just share your knowledge bout unit trust. You might never know what to expect. Therefore even without alot of contacts, you don’t need to worry. Probably people around you are the most easy to influence.
If your interested to know more, do contact me
[Reply]
July 1st, 2007 at 2:52 pm
-comment removed-
[Reply]
July 1st, 2007 at 4:57 pm
Sorry if i say so, but shouldn’t Rosli post it somewhere else relevant… not a place for advertisement… financial planner software is available free at Public Mutual branches, but if really need to use the program, it’s advisable to attend a short course to have better understanding.
Currently the KLCI just dipped a bit due to profit-taking, which in my opinion is the best time for us to invest…
Happy investing
[Reply]
July 11th, 2007 at 3:06 am
saya sokong fazalee diatas, saya punya agent pun best juga, dia takdela hensem sgt… ehehe… tapi dia bagi saya report 24 hours , update ada la seminggu sekali… saya start dengan dia baru je bulan january, tapi tak la labur dalam ittikal, labur dalam dana al-ihsan, return alhamdulilah la, setakat ini dapat juga dalam 25% tahun ini saja,
bagi saya tak kesah la dia hensem ke tak, at least mmg dia bagi servis yang baik dan selalu update saya, yang bestnya masa saya invest awal2 RM500 , nak test test masa dia approach saya, dia siap bagi chocolate lagi.. cam romantik la plak dia ni.. tapi alhamdulilah la, mmg dia bagus… saya dah invest dlm 60k dah nge dia.. kalau performance ok lagi.. saya nak tambah.. website dia kat
[Reply]
July 11th, 2007 at 8:42 am
haha.. siap romantik2 tu jumpe ngan agent. biase lah tu.. agent nak bg semangat skit utk invest.
agent sy agak jarang contact, tu pun bile ade new fund atau bile sy ade tanye soklan. tp sy agak suke camtu, sebab x terase sgt ade duit dalam investment, so kurang skit fikir/risau pasal duit. lgpun investment utk jangka panjang kan. update tu biasenye dpt kat website publicmutual. tu pun sbulan skali check.
Skrang ni dah start SI utk invest kat Public Islamic Dividend Fund. Pilih PIDF(moderate fund) sebab market tgh up, tp orang kate still ade room utk naik. just nak kurangkan skit risiko.
[Reply]
July 11th, 2007 at 11:28 am
Sebenarnya, paling penting mesti ada sasaran.. berapa banyak pulangan yang diidamkan oleh pelabur?
Setelah mencapai sasaran yang dikehendaki, adakah pelangan puas dengan pencapaian itu? Sekiranya ya, kita perlu merealisasikan pulangan itu.
Apabila harga unit trust turun disebabkan pasaran yang merosot, patut menggalakan pelabur sama ada hendak menambah lagi pelaburan? In adalah prinsip “Dolar Cost Averaging”. Pelangan harus tahu, apabila pasaran merosot, bukan sahaja satu fund sahaja akan turun tapi kesemua turut akan terjejas. Jadi kita harus mempunyai prisip kita dan tidak bermain seperti saham di mana kita banyak dengar “cut loss”. Kita tidak boleh meramalkan bila ia akan naik atau turun.
Komunikasi di antara pelabur dengan agen adalah sangat penting. Sekiranya tidak ada interaksi, pelabur tidak akan tahu ke mana perginya wang yang dilaburkan dan bagaimana prestasi setakat ini.
Tapi saya juga pernah mengalami pengalaman yang kurang baik, di mana agen mengutamakan keuntungan sahaja dan kurang memberi input yang diperlukan dan menyebabkan sesetengah pelaburan saya mencapai prestasi yang kurang memuaskan. Itulah salah satu sebab saya sendiri sangat berminat untuk menjadi agen sendiri. Bagi saya inilah satu peluang untuk saya meluaskan pengetahuan saya.
[Reply]
July 13th, 2007 at 7:58 pm
apabila i baca keterangan diatas, i rasa i nampak banyak unit trust punya agent disini lebih daripada pelabur . i unit trust agent juga. thank you.
[Reply]
July 16th, 2007 at 4:48 pm
calling for unit trust agent at east malaysia.. esp kota kinabalu
i need your further explaination regarding unit trust
tq
[Reply]
July 16th, 2007 at 8:59 pm
ada unit trust agency (public mutual) around subangor shah alam tak.. I ingat nak apply jadi agen part time le…
[Reply]
July 17th, 2007 at 6:09 pm
hi rushdan,
Sebenarnya menjadi agen bukan semestinya untuk mendapat pulangan yang lumayan sahaja. Bahkan kita boleh menimba pengalaman dan pengetahuan yang bermanfaat kepada kita.
Kalau berminat, kita boleh arrange time untuk berjumpa berkenaan Unit Trust Consultant (UTC) / agen. Saya berada di Klang Valley dan Ipoh.
Boleh dihunbungi melalui :
[Reply]
July 18th, 2007 at 7:42 am
Assalamualaikum Irwan and the visitors,
Nice to read your blog. Just impress with you as you are so young yet matured in personal finance. I am glad if you could become one of our consultant once you get back from study.
I am also surprise that whenever I search for Public Mutual either in Google or Yahoo, I’ll get your site on the first search page. Syabas! How do you do that. By the way I also have a blog for Public Mutual enthusiasts and its agent at http://www.myunittrust.com
I am running a FREE seminar on how to become a unit trust consultant. Further details can be found at http://seminar.myunittrust.com
Arif. KL.
[Reply]
July 19th, 2007 at 12:51 pm
Irwan
Yo bro, r u an agent? Given the overwhelming responses to yr …. what u call it blog?, you might as well become an agent. You seem to have good grasp of financial planning. Just an idea.
[Reply]
July 19th, 2007 at 8:56 pm
Thanks for your guys support. Unfortunately, I have too take out all the contact information except your email/website that you fill in the the form. Any link in your comments will be deleted. Please accept my apology (especially mr kkchow)
[Reply]
July 19th, 2007 at 9:07 pm
Pantera, i don’t know yet what i’m going to do after study. I might work, or join my friend business, or build my own, or be a full time agent. there are a lot of choices and i have to see what is the best at that time.
[Reply]
July 20th, 2007 at 10:57 pm
Assalamualaikum,
Last week I passed my CUTE test to become a public mutual agent. Although I did passed the exam (mostly out of guessing the answers), basically I can say that I only know about 5% about unit trust and its schemes. As a new agent, I need to upgrade my knowledge first b4 I start to make sales…So Irwan, I guess I will be visiting your blog more often after this
[Reply]
July 25th, 2007 at 3:25 pm
Hi Irwan,
I’m ‘blind’ with all the investment bla.bla… so it’s good to share all the info and i’ll think bout get involve in it.
Just want to have a clear picture,If we invest for the beginning 10k, should we top up every month(compulsary) or depends on the advise from the agent?
[Reply]
July 25th, 2007 at 3:55 pm
Hai Iza
To me investing regularly is better than one lump sum investment. But remember, d’ont invest all your savings in unit trust. Should reserve some for emergencies. I’ve been investing regularly (applying the dollar cost averaging method) & the return is more than 10% (not bad. Happy investing
[Reply]
July 25th, 2007 at 4:10 pm
Hi iza,
Whether to go one lump sum or regular saving is actually up to investor. As an investor, we can choose to invest whenever we feel like it.
With dollar cost averaging, investing regularly actually helps even if it’s uptrend or downtrend market.
What’s more important is that we make decision now, rather than wait and see how. We can’t predict the market.
[Reply]
July 25th, 2007 at 4:16 pm
Hai Iza, I’m joining the others to answer you too :p.
like Mr Chow said, it’s up to investors. Regular investing reduce the risk and thus reduce the profit that you may make. If you feel confident about the future market, you can make a lump sum investment. Or if the market seems shaky to you, regular investment should do better here.
oh don’t forget to consider Pantera’s suggestion to spare some cash for emergency purpose.
[Reply]
July 26th, 2007 at 12:20 pm
Hi Irwan,
I just want to know what is the meaning of dollar cost averaging.. i’ve read about it b4 but i couldnt understand..
My friend give me public mutual’s pocket calculator which describe the predicted amount if you invest rm10k and if you invest rm100 regularly.I know that we use dollar cost averaging if we invest regularly, but what about if we invest lump-sum rm10k and leave for 10-20 years, is it still counted as dollar cost averaging. One more thing, just asking for advice, if I have 15k, which one of these shariah fund is better; ittikal, asia ittikal or PIADF or should I equally in all funds stated. Pre thanks upon you.
[Reply]
July 26th, 2007 at 12:26 pm
Hai Azwa
Just wanted to help fellow investor.
Dollar Cost Averaging is defined as a constant investment into a fund at predetermined times such that the investor purchases more units when the price is low and less when it is high.
What this simply means is that you start a savings plan with a unit trust and you devote a fixed dollar amount towards purchasing it every month (or week, or quarter, whatever the predetermined period may be).
Let’s say you put aside RM200 every month. If the price of the unit trust is low this month, say about RM1.80, your RM200 allows you to buy about 111 units. Next month, the price of the unit trusts may have risen to say RM2.000. Your RM200 would buy you 100 units. The 3rd month the price drops again to RM1.50, at which you acquire 133 units.
Altogether you would have spent RM600 and purchased 344 units in those 3 months. The average price of each unit would be RM600 divide by 344 units = RM1.74.
If you had spent all your RM600 in the first month, you would have paid RM1.80 per unit. So ‘averaging’ allowed you buy the units at a lower average price.
Happy investing!!!!
[Reply]
July 26th, 2007 at 5:52 pm
hi azwa,
If you use RM10k and invest lump sum for 10yrs-20yrs, it’ll still be lump sum investment. Dollar-cost averaging only applies when you invest regularly over a period of time (days, weeks, months, quarterly, etc). This is useful when we don’t know whether the market is uptrend or downtrend. By doing so, we’re actually buying at all NAV per unit prices, be it high or low. Towards the end, we’ll have an average price, neither high or low but in the middle.
It’s much more advisable to invest your investment into few funds to diversify your risk. I think that your choice for PAIF and PIADF are good.
[Reply]
July 26th, 2007 at 10:04 pm
[...] Azwa has posted a question to ask about how Dollar Cost Averaging works. Here two simulation of the averaging effect of regular investment. Basically, the concept of dollar cost averaging is the system buy more units when the price is low and less unit when the price is high. [...]
July 26th, 2007 at 10:11 pm
Azwa, here is my new post about dollar cost averaging.
http://www.irwan.biz/dramatization-dollar-cost-averaging/
[Reply]
July 26th, 2007 at 10:39 pm
Hi Irwan, Pantera & KKChow,
Wow, i’m surprised to receice your replies. With the info u guys have put here made me understood what DCA is. Thanks a lot for your help guys!! really appreciate it
To kkchow, what do you think if i invest in
i) PIADF regularly (monthly)with smaller amount of 200 for longer terms - moderate risk
ii)PAIF regularly (monthly) with bigger amount of 2k-3k for shorter terms - high risk
Are these good choice of DCA??
[Reply]
July 30th, 2007 at 9:16 am
A big thanks to Irwan,I came across your blog 1-2 months ago & that’s how I got to know my recruiter kkchow,yesterday I just got my UTC agent code,looking forward to closing my first case!!Thanks so much Irwan,I really learn a lot from your blog & others’ comments.
To Azwa, IMHO, DCA will only work if you keep it consistent & for an extended period of time, as for the amount, of course the bigger the better but the amount has to be something you could afford for a long time. No point pumping in 2k or 3k per month but sustain it for half a year only. The keyword is still ‘consistency’.
Also, in my limited beginner’s knowledge and understanding of unit trust, DCA perhaps works better on moderate or aggressive fund as compared to conservative ones, why? To capitalise on the possible high volatility or fluctuation of the price. Anyway, comments from all are most welcome to point out if I’m wrong. I leave it to the more experienced investors or UTC to comment on PIADF/PAIF. Happy investing everyone!!
[Reply]
July 30th, 2007 at 10:03 am
Hi azwa,
DCA emphasize on regular investment which will purchase less units when market is up, and more units when market is down.
I’m not in a position to give solutions, just opinion. What are your financial goals? What do you want to achieve with your investment? If it’s only for short-term, DCA won’t work as well as suppose to. Just like my fren, slyeo mention : “consistency”. To actually use the high volatility to our benefits.
Lump sum will definitely benefit more if market is on the uptrend compare to DCA. Try not to time the market, we don’t actually know what’ll happen next.
Few other things you should consider, do you think this is as far as our market can perform? Can it go further beyond this 10 - 20 years? If you can answer this, then you should know what to do.
I’ve few articles related that you can actually go thru that can make you easier to make decision. If you need any help, probably you can contact me.
http://financial-freedom-unit-trust.blogspot.com/
[Reply]
August 1st, 2007 at 2:06 am
Hey Irwan,
Good stuff you have here… have you any thoughts on the current market trends in the short term.. like from now till end of year… coz everyone is talking about snap elections and stuff like that.. and it won’t be good for fund prices…
hmm… have bought into PFEBF since feb… and thinking of cashing out while its still good… or maybe moving into safer grounds? any tips on good public bond funds..?
Cheers.
Dave
[Reply]
August 1st, 2007 at 9:41 am
Hi DaveLu,
What’s your goal for investment in unit trust? Have you already achieve what you want? By answering that question, I’m sure you know how to make decision.
Try read this article :
http://financial-freedom-unit-trust.blogspot.com/2007/07/are-you-earning-total-returns-your.html
In equity funds, there’s always volatility, but it’s still minor compare to share markets, as prices only change daily basis.
If you want to know more, probably you can contact me.
[Reply]
August 1st, 2007 at 4:45 pm
Hi DaveLu,
No one can say for sure how the market will perform, unless they have a crystal ball ;)! From my reading, generally the mood is optimistic, I remember reading articles from the newspaper about some expert/analyst saying KLCI has the potential to reach up to 1700 next year, but who knows what’ll happen? Many factors will come into play & affect the market. Let’s keep our fingers crossed it’ll continue to perform, the ‘bull’ market that’s not that bullish but rather steady.
You mentioned election, looks like it’s getting closer, but how it’ll affect the fund prices is hard to tell. IMHO, it depends on the whole process & the result of the election, if it’s a peaceful one with minimum social/political unrest, the market will be affect positively, as can be seen in other countries in our past elections. But then not all funds invest in M’sia, so how much the election will influence the fund performance is hard to say.
From my research, PFEBF is a very new fund, launched 23/1/07, let’s say you bought it for RM0.25 in Feb., now it’s RM0.2515,from the calculation (you can try it yourself, go to http://www.publicmutual.com.my/application/fund/performance.aspx) total returns from 23/1-31/7/07 = 7.16%. IMHO, it’s too early to cash out (unless you need the money urgently). It’s a new balanced fund with moderate risk, so it’ll take a while (maybe 1-3 years) to see any good return. If you plan to switch, you’ll need to pay a fee & you might lose the free insurance coverage that comes with the balanced fund (please correct me if I’m wrong). Have you consulted your servicing agent? Let it grow, don’t make hasty decisions, talk to more experienced consultants to get their opinion. Just my two cents worth but sincere opinion, hope it helps!! Happy investing!
[Reply]
August 2nd, 2007 at 2:34 pm
Hi DaveLu,
i don’t want to add anything to ever helpful comments by kkchow and slyeo, but if you are worried with future market, you could always make a switch to more conservative fund.
Switching is much better than sell and re-buy the fund coz you don’t need to pay the 6.5% initial fee (again). If you have large fund and only wanna put it in lower risk situation, then switching is the best way to do it. some fund may have free switching once a year. Otherwise, you have to pay RM20-25 per switch.
Again, mutual fund is about long term investment, try to hold as long as possible and don’t take part in panic selling.
[Reply]
August 2nd, 2007 at 11:43 pm
WOW…..
i’ve come to the right place…. i was wondering how come this site is ranking so high for public mutual.. hehe.. thanks for the feedback guys…
@kkchow23
yeah the volatility isn’t that great… but these few days have been quite an eyeopener.. actually public mutual is sort of like my first investment.. and thank goodness the changes weren’t that great… i’ve lost nearly half of the gains in a few days that took about 5 months to build… but ya… i agree..we really should look for the longer term..
@slyeo
actually i have crystal ball at home… heheh, kidding man. politics aside, which i strongly believe there will be a major realignment of powers but eventually the result will be the same, so its quite a safe bet as to who might win…(side track abit, coz this is quite a topic thats gets to my blood..heh) anyways… i got it a way below 0.25…. price was about 0.2425, including 6.5% fee.
nah.. its not that i need the cash pronto but just a question..but let me put it this way,, coz its really nagging at me this thought and i can’t really get a straight answer from my agent…ok consider this: ” they’re always telling us to hold for the long term, cost averaging benefits and stuff like that..” which is true of course.. but what if we can predict(thru reasoning of course) that the market will be going down or that maybe expected returns are met? and we cash out or move into safer territory to wait out the probable storm?
i’m a newbie at investing and stuff… but i did get a post grad degree in finance haha.. so much lacking in real investing experience, really my first unittrust/stock investment. so what’s your take on this guys? coz impending elections… economy really not that rosy, China market looks like its gonna boil over, Japan PM mayb kena kick out, US elections due next year and good time to press things down enough for the cyclical BULL b4 the elections? i dunno man.. i’m not a doomsayer but just really seeking some ideas and advice from all out there…coz the market is still bullish… but how long the trend will continue.. thats the question, coz if we are nearing the end of bull run… mayb its not really worth holding out… Any thoughts Irwan?
looking forward to your reply…
Cheers…
and apologises for the long post bro.. keke
[Reply]
August 3rd, 2007 at 11:18 am
Totally agree with Irwan, switching is a good strategy to reduce the risk or impending downtrend market, or you can switch some portion of your investment to spread out the impact. But by all means cash out when your investment objective or target return rate is achieved, as mentioned by kkchow.
Now the very pressing & important question by DaveLu is ‘when’ to do something about the fund (wow, a finance postgrad, salute, bro!! Now it’s time to get into some real action, welcome to the club!!), a question very valid & crucial, me too am very anxious to know! But I’d only do something (switch, cash out or spread my investment etc) after consulting my recruiter, advisor etc; Dave you’re rather pessimistic but I don’t blame you, also I don’t blame your agent for not giving you a straight answer because it’s a very tough question to answer. No one can say for sure. For your reference, I’d wait & see if the market really could reach 1700, then I’d get some advice & pay attention to biz news (newspaper, tv, maybe some financial magazines) to plan my next move.
Have more faith in UT especially Public Mutual. Don’t brood on all the problems in the world, life’s like that, the question is do you see it as half full or half empty ;)? I have a neighbour who invested 20k in 1994, suffered the 1997 crash, many of her friends pulled out to minimise the loss, luckily she was patient to hold on, today she has 47k (in case you’re curious, it’s Aggressive Growth Fund-PAGF). Again it’s proven, if you keep it long enough, IMHO most funds will give you good return, an average 10-year period will give you at least 100% (P ITTIKAL gave a whopping 218.86%!!!). Hope this boosts your confidence a bit, happy investing!
[Reply]
August 3rd, 2007 at 12:08 pm
Hey…
thats quick…
I guess i’m a little pessimistic..thats the bad thing about books.. coz they make you “think” too much and “think” you know too much… with no much expereince to boot.. well i guess the half full or half empty theory works well here.. hehehe.
anyways..like you said.. and i agree, i have full confidence in PB. As a matter of fact… from my past experiences with other companies, all have been heart wrenching stories.. PB is diff.. everytime make me smile.. so hopefully, it will again this time..
Cheers! Keep the good stuff coming..
Dave
[Reply]
August 3rd, 2007 at 12:25 pm
The term “switching” might sounds cool and interesting to many, but it’s not something which we should used if we don’t know how to fully utilize it to our benefit.
Very often, you’ll hear agents out there who’s trying to confuse investor. “Hmm, your agent never tell you can switch? It’s good to switch if fund not performing”. Fund performance vary thru days, weeks, months or years. It doesn’t mean that it’s not performing now, it won’t perform at all. We don’t know what’s the future. But based on past performance, we have rough ideas.
Switching is a tool used to realised your gain and to rebalanced our asset portfolio. This will actually help enhanced our profit.
This is from my personal experience, my agent asked me to switch out fund to bond when he felt the market is colapsing. It ended me gaining less than what I should achieve. Not to say that my bond fund doesn’t perform, it’s just that the returns aren’t as much as equity fund.
That’s why I actually interested to know more bout unit trust and study more indepth into it.
Buy high sell low… is definitely no.
Most investor are speculative, and not actually long-term. Let’s try learn from the investor guru Warren Buffet himself. Can you picture yourself purchasing a fund, and assume that it’s gone. Only to be recover after 10 years? Even till now, he has shares that he purchase long-time ago and still holding on to it.
I can’t tell you what to do with your money. If your not comfortable with what you’re having right now, then you can opt to switch to bond funds which has less allocation in equity.
[Reply]
August 3rd, 2007 at 1:54 pm
Thanks to kkchow for an insightful sharing on switching, I agree it should be done only when really necessary, after consulting the right people & weighing both pros & cons, don’t want to end up making less profits because of switching (and pay the switching fee!).
From my experience in investment linked funds, my agent advised me to switch from equity to fixed income once the former reached RM1 per unit, to lock in the profit; then when the market slowed down,say RM0.70-RM0.80 per unit,switched back to equity. By the way it’s the ratio/percentage, normally mine is 50:25:25 for equity:managed:fixed income, then later I switched to 25:25:50 when it’s downtrend. Usually investment linked funds come with 1 free switching per year. Would I make more by sticking to 50:25:25 regardless of the market trend? Most appreciate comments & suggestions from all. Thanks!
[Reply]
August 3rd, 2007 at 4:44 pm
A very nice real life example by my friend, slyeo
That’s exactly what we refer to as “Portfolio Rebalancing”. Hope I’m not using jargon phrase to scare anyone.
Basically, we can categorized our investments into few asset classes (equity, balanced, fixed income/bond, etc). We should always select investments which are suitable to us, focusing on percentages in each class. It’s actually not that simple, we need to actually know our goals and what we need to achieve. After a period of time, our investments will rise or fall in value different from each class. That’s when we need to review them, and choose whether to change or balance back the underweighted class. By doing so, we can actually reduce our risk of having overweighted class. Such as too much in equity can be hazardous when the market goes downtrend.
There’s no guarantee better performance by doing so, but it’ll help us and most likely to be sucessful.
———————————————————
As in slyeo case, whether to change asset allocation depend on various factors. If and only if we know when market goes up or down? Our age factor? Commitments we have?
When the market downtrend definitely equity will lose out. But do we know when it’ll go uptrend? Sometimes, shifting out at the right time but shifting in at the wrong time can also affect the results.
Try check out this blog article, probably we can disscuss more on this topic:
http://financial-freedom-unit-trust.blogspot.com/2007/07/is-your-portfolio-properly-structured.html
[Reply]
August 7th, 2007 at 9:52 am
Hi Irwan,
I’m interested to become a unit trust consultant but I’m in a fix to which financial institution should I join either PBB Mutual or CIMB Wealth Advisor. Recently, I attend a free seminar by The Millionaire Sisters from CIMB Wealth Advisor and they urge to join them. In fact I have paid them a small amount of money as an advance payment before a full payment to be pay this week. At the same time a colleague of mind told me to consider other option ie. to join PBB Mutual. What your advise?
[Reply]
August 7th, 2007 at 10:05 am
Sorry, although the question is not directed to me I am compel to chip in. I highly recommended Public Mutual, the market leader with 36% market shares with impresive performace of its funds 2nd place AM Mutual 15%), award winning company in term of fund performance etc. The support (training etc) provided is fantastic. I am an agent my self and so far has been smooth sailing although I’m doing it on part time basis. Just my opinion.
[Reply]
August 7th, 2007 at 12:49 pm
Hi Adiputra, I really can’t give you advice as I don’t have experience being an agent.
However, from customer’s point of view, I see Public Mutual is more compelling than any other Unit Trust providers. With the newspaper ads, lipper awards and other branding solution by Public Mutual, I think it will be easier for you to attract your prospective investors with Public Mutual’s line up.
[Reply]
August 7th, 2007 at 1:09 pm
Try not to jump into conclusion. The decision is up to you to decide. Do some research on which company is giving better training / incentives. What are you looking forward to achieve by joining as UTC? Will you succeed by joining the company?
For me the learning process is very important.
[Reply]
August 8th, 2007 at 6:12 am
Have a nice day!
More website about Public Mutul. The fund manager no.1 in Malaysia. You can visit at: -address deleted- /
Good Luck.
[Reply]
August 8th, 2007 at 11:40 am
Just my opinion, kinda confusing for investors as the official website : http://www.publicmutual.com.my/
[Reply]
August 9th, 2007 at 6:44 pm
greetings irwan and the others,
i would like to get some sincere advice on mutual fund. i saw several bank and other finance institution offering mutual fund. from my findings, publi mutual seems to be more famous with a lot of fund being offered. i also found MAAklmutual, Maybank, CIMB and etc. for MAAklmutual, are their funds good? how about the banks like maybank and CIMB? is there any source that provided such analysis?
regards and thank u
[Reply]
August 9th, 2007 at 10:37 pm
Hi deanz,
We can’t say that funds from other company aren’t good. Depending on which fund you choose. One of the method is try looking at past performances and Edge-Lipper/Standard & Poor’s Investment Fund Awards. These might not show how the future performances of the funds but give good indication whether the funds are managed properly and potential for growth. Public Mutual has been awards leader for many funds, that’s why gaining trust in many investors.
[Reply]
August 9th, 2007 at 11:26 pm
Hi deanz,
thanks to its nature, mutual funds are closely related to composite index or more specifically the index that related to the funds (ie. Kuala Lumpur Syariah Index). So you can see which one beats its index regularly.
If you want to be a more speculative investor, you can read about the equities and market situation in the corresponding index.
For your specific question, as far as I know there is no research house that analyze specific mutual funds.
[Reply]
August 12th, 2007 at 10:21 pm
Hi, I’ve been an avid reader and also subscriber of this site. Would like to respond to Adiputra and also relate my own experience.
I’ve been a licensed UTC since 1999. Recently, I transfer my licence to Public Mutual. Why I decide to become a Public Mutual Agent?
1. Public Mutual Funds sterling performance. Continuously being awarded and recognised. Consistent performance.
2. Best islamic fund in Asia. PM islamic funds post good and consistent returns.
3. Good agency and customer support from the company
4. Good training and tools provided to the agents Training and tools are very important to assist you in marketing unit trust.
My grievances in the previous UT company:
Lack of agency support, lack of training and tools. Performance of the funds are not very consistent. Shariah Funds very limited.
So I became PM agent because I want to be associated with the performers. I have to believe in the product that I mkt. If I invest in Public Mutual, I cannot be selling other UT.
[Reply]
August 20th, 2007 at 6:43 am
Hi,2 anybody who are here…
I’m going to take UTC examination, just a few questions :
1) I’m not good at selling, actually i want to b a UTC for myself and my family only. So can I do that, i mean taking commissions on my own and family investment?
2) Does a UTC have sales limit, i mean the minimum sales he must do in a month or year to maintain his licence?
TQ
[Reply]
August 20th, 2007 at 5:40 pm
hi, how can i become unit trust agent? im interested to do it part time.i did approach one lady tp, dia mcm x lyn jekkk bila i ckp x leh dtg opis since my office is very far.i ask her to meet up in kl.so, im looking for someone who is really committed to guide me…..
[Reply]
August 20th, 2007 at 9:12 pm
Hi Nuriah, kalau adik berumur 21thn keatas dan mempunyai sekurang2 nya SPM Grade 3, boleh mohon jd agen unit trust. Adik perlu lulus CUTE(Computerised Unit Trust Examination). Jangan risau, exam ni senang je. Kalau berminat utk join Public Mutual, sila email sis kat rosnani1@gmail.com. Group sis tiap2 minggu ada training session.
[Reply]
August 20th, 2007 at 11:54 pm
hi nuriah,
Requirement:
1) At least Grade 3 SPM.
2) At least 21 years of age.
3) Sit for an exam (Computurised Unit Trust Examination - CUTE) conducted by FMUTM.
4) Mutual Ace Training Programme (Unit Trust Examination - UTE) optional
You can refer to : http://financial-freedom-unit-trust.blogspot.com/2007/06/be-unit-trust-consultant.html
If your interested, I can arrange for you to sit for the exam and get you started on your path to become a UTC. If you need any help or assistance, you can contact me : kkchow23@hotmail.com Along the way, you’ll learn more bout how to financially plan for yourself and also helping others along the way.
[Reply]
August 25th, 2007 at 10:01 am
Nuriah, we have received many request to become a unit trust agent. You are invited to come to our free seminar next week at Public Mutual Cheras Wed 29-Aug-07 830pm to 930pm. Register yourself at http://www.myunittrust.com/seminar
We will guide A to Z.
arif@myunittrust.com
[Reply]
August 26th, 2007 at 3:56 pm
Salam…
Sesiapa berminat nak tahu lebih lanjut tentang Unit Trust Public Mutual
sebelah Utara, Sila call 0194210818 atau email\Ym saya Adx_07@yahoo.com
Saya salah seorang agen yang aktif disebelah utara, terutama di area Alor Setar, jitra, Kangar dan UUM Sintok
Regards
Syukri
0194210818
[Reply]
August 31st, 2007 at 10:20 pm
Hello all,
I am one of the active Public Mutual agent in Sarawak. Those who are interested to be an agent or would like to invest, do contact me at
016-8008056.
you may also email me at
ychonfock@yahoo.com.
Good Luck.
[Reply]
September 1st, 2007 at 8:59 am
Assalamualaikum,
Unit trust sememangnya satu tempat pelaburan yang baik bagi jangkamasa sederhana dan panjang. Tetapi tahukah anda sekiranya agent anda dapat melakukan “switching” hampir pada ketikanya dan “reswitching”, anda mampu meraih pulangan yang lebih baik dari purata pulangan sebenar seperti yang tertera pada setiap prestasi dana terutamanya dana Public Mutual.
Sekiranya anda berminat untuk mendapatkan penerangan terperinci dan lebih lanjut, sila hantarkan email ke:
zuraini.yusof@gmail.com
Insyallah, saya akan membantu anda berdasarkan analisis semasa.
Terima kasih.
[Reply]
September 2nd, 2007 at 4:57 pm
hey boss,
Your blog makes me want to know more about UNit Trust. I stay in Sarawak..Do you have any friend in sarawak who know where to attend the exam? The 2,85 percent charges on the first payment only, if the client wish to deduct some monet from his account monthly? is that possible for us the get the 2,85 percent for the payment every month he make…So, how many fund launhed by public mutual has a good return…average of annual return how many percent..? Usually, where can we check the fund price via net? As most of the investors said, ^but at low, and sell at high*..how long to process the fund application, and if we want to sell, how long we need to wait for our cash back…part time UTC can promote their fund as shopping centre?
regards,,
Tatau lim
[Reply]
September 3rd, 2007 at 4:13 pm
Dear All readers,
This is my first post, referring to Zuraini’s last post regarding the “Switching” and “Reswitching” strategy at the Right Time. I own some units and trust PB, my concern is :
1. Can we switch in and out any time to capitalize on the difference in the unit trust NAV price? (For Gold member, switching fee is free anyway) eg. Switch out from Fund-A today and to Fund-B 2 days later.
2. But I also read from every PB Fund prospectus, for example PISBF Page13 under “Switching Between Funds” which is downloaded from
http://www.publicmutual.com.my/documents/MARKETING/PFEPRF_PISBF_prospectus.pdf that the Fund Manager may reject switching request based on the investor history of excessive switching which is contrary to the best interest of the funds and unitholders (That means all up to him to decide,we can not argue). Any rejected switching will be treated automatically as redeemption (That mean you lost all your paid Unit’s service charges 6.5% & other charges etc., if you havent break even, too bad 4u). Then, is my concern #1 considered as an “Excessive switching”?
3. I do understand(or always hear) that investing in Unit trust is about “Long Term” means we buy and sell at least 2-3 years later like we buy 1 Million lots of company ABC’s shares and sell it 2-3 years later to realize capital gains(if any) dividen (if any), but if we were going to ask our Fund Manager , he might not be totally agree. If not, I guess, we just need to hire a Fund Manager for 3 months, let him pick a set of company stocks, then fire him, hire another 2-3 years later to see if any changes required for the portfolio. Then every unit trust holder will be happy and should be charged service fee far less than (6.5% 1.5%pa). For me, whether “Long Term” or “Short Term”, getting profit (ROI) is the most important. I heard both Warren Buffet(Long term) and George Soros (Speculative) is quite successful too.
Perhaps somebody or some fund manager could help clarify a bit, perhaps Mr Arif Ismail can help, I almost sign up for your cheras seminar but your phone is engaged. Btw, I choose to invest in PB Mutual because I found that they are the best (Based on past performance). I could have invested in other Mutual Fund company because their fund service fees is cheaper but still I have more faith in PB Mutual Fund ROI. In the situation where we wont know the “Future”, “Past” is the king.
Rgds,
Mr Chin
[Reply]
September 3rd, 2007 at 5:26 pm
Just my personal opinion on this matter regarding “switching”. It’s something which is beneficial to us only when we’ve reach our goal in investing. It’s an instrument to capitalise our profit and secure it before attempting to further invest in other funds. Instead of repurchasing the units ( which we’ll have to pay service charges when we invest again), we can pay a minimum fee of RM25 or none at all (Mutual Gold).
There’s always people tempted to do something before anything being achieved out from the initial investment. Whether we can ride thru the short-term volatility and harvest what we’ve aim to achive. Fund Manager are there actually to manage the funds so that when situation arises, they’ll do the necessary measure to adjust to the current market performance. If we’re to act as a fund manager ourself and try to do correction on ourself, sometimes it’ll backfire and goes the other way round.
For those who actually can’t bear with the volatility, it’s better to go for medium risk funds.. which actually doesn’t fluctuate that much compare to high risk funds
For funds managed by Public Mutual:
http://financial-freedom-unit-trust.blogspot.com/2007/05/funds-managed-by-public-mutual.html
[Reply]
September 3rd, 2007 at 7:34 pm
Hello Again,
It’s good to see educated discussion around here. Imagine a place is being hit by earth quake. Usually before a highest level of shake, there will be some small, medium and big shakes. Same scenario happens in funds. I’m not really good in putting words together but with God will really know to analyze the situation.
Be careful with the switching as excessive triggering the process might deplete the purpose of unit trust and fund mgr have a right to reject it.
Send me an email, I’ll try my best to meet you so that you will have better understanding in this function. Have an awesome day. Take care!
[Reply]
September 4th, 2007 at 10:53 am
Hi Zuraini,
Perhaps you can help in my other post regarding the rational behind switching at http://www.irwan.biz/understanding-mutual-fund/ .Thanks.
Rgds,
Mr Chin
[Reply]
September 4th, 2007 at 12:06 pm
hi all,
irwan - hope i’m not too late to discover your blog. all info inside here is awesome. i see you have a well laid plan in your future life at a very young age. wish you good luck.
kkchow23 - i think you can be a good UT agent based on unbias views, suggestions and all.
syleo, pantera & all - u guys are teriffic…i wish my UT-to-be is as good as you guys. i will be meeting the agent this weekend. wish me good luck, yeah
[Reply]
September 4th, 2007 at 11:08 pm
hi jelly,
thanks for your compliment
hopefully can help people out there to know more about unit trust and how it can helps us.. feel glad that someone actually appreciate the effort
[Reply]
September 4th, 2007 at 11:13 pm
is single pricing really good? can u describe the pro and con, thanks
[Reply]
September 5th, 2007 at 12:13 am
Hi tengzhi,
For single pricing you can refer to http://financial-freedom-unit-trust.blogspot.com/2007/07/pricing-of-unit-trust-funds-single.html
Personally, I prefer buying and selling prices. It’s easier for us to monitor funds as we don’t need to do calculation on our own regarding the service charges when we need to invest in a particular fund. The reason why SC implemented single pricing is to make aware of the service charge which UTMCs impose on the investors.
[Reply]
September 5th, 2007 at 12:36 pm
based on your explanation, you may be already a high level in mutual fund rite? kkchow, mind share with me how u success? thnx
[Reply]
September 6th, 2007 at 10:57 pm
I think what’s most important is being honest and helpful to clients. Try provide whatever possible to satisfy them. We must also be well verse with what we’re trying to promote. Not just sell funds to investor without knowing what the funds purpose and aims. Provide them with funds that suit their needs.
[Reply]
September 8th, 2007 at 2:36 pm
Hello Tatau Lim,
If you are staying in sarawak, Please contact me and I will try to arrange you for the exam.
My contact is 0168008056.
Good luck and I hope you’ll be success in Public mutual.
[Reply]
September 8th, 2007 at 4:39 pm
hi kkchow, i m also same as u..nice to talk with u cos ur word are precious…. got time we meet ba
[Reply]
September 8th, 2007 at 5:02 pm
Pleasure to meet you as well tengzhi..
Seems like the community in Irwan’s blog getting bigger and bigger each day. Hopefully everyone here can try help one another and not just trying to aim for personal gain only.
[Reply]
September 8th, 2007 at 5:50 pm
yup… so next week when u free?
[Reply]
September 14th, 2007 at 11:05 am
I just got myself into the UT business. Before this when someone talks about NAV or dollar cost averaging I was simply blank. But now I know something about all these and when I go throug your blog I understand and its intresting. Keep up your good work.
[Reply]
September 14th, 2007 at 10:49 pm
I think i also will do same thing like you. But i need to understad more first about this unit trust. Thanks for your info. I think its useful.
[Reply]
September 15th, 2007 at 10:24 pm
wa..so many agent…can share exp on how to success or not ?
[Reply]
September 16th, 2007 at 12:09 pm
Good a.m, Baru-baru ni i ada invest dalam unit trust PIADF. So, i nak tanye skit….. berape percent biasa keuntungan yang i boleh dapat selepas setehun.
[Reply]
September 18th, 2007 at 1:17 pm
I’ve just invested in PIABF last Sunday worth RM 10700.and I will top-up it later.
I’m 24 and an ex-Internet Based Investment.Thank god coz i’ve met the correct financial platform.
All forumer,plz help me about the tips on the investment.
[Reply]
September 18th, 2007 at 5:48 pm
Tengzhi,
How to success as UTC is just do it. There are a few trainings/seminar that you can participate as well for a start but I found that most of it is for your knowledge. Your Manager will guide you thru the process of success thus you don’t have to worry now. The most important thing is to pass your exam and after that only start to work on success. If you need any guidance, let me know at mywchong@time.net.my
[Reply]
September 19th, 2007 at 7:49 am
hello,i/m just pass my cute last saturday. before the exam, i read all of you guys comment. it almost open my mind to involve in this unit trust. ( before this i invest only coz of my freind ask me to invest ). ” jg hati kawanla. so, i want to congrate irwan coz create this blog & other members who’s make this blog became educational and useful.
tq very much.
[Reply]
September 23rd, 2007 at 10:16 pm
mana2 fund under public mutual kita anggarkan dividen 15-20 peratus setahun. tapi ada yang dapat lebih. Itu kira bonuslah.
[Reply]
September 25th, 2007 at 11:02 am
morning guyz. sy join PAIF sebulan lepas, minimum amaun je, RM1500. lepas buat research sendiri sikit2 (read blogs/forums/prospektus), ni plan nak top up 5k into my PAIF.
tp ni ada pblem, ejen langsung tak bagi kjasama, tak reply my mesej pun, saje x call coz nak try dia punye credibility. maybe dah byk sgt income kut?
so, can u all (agents) give me info on how can i top up my PAIF? should i use the existing agent account no or not?
then, boleh tak masukkan sy sbg members, jd dptlah sy terima apa2 update info every month (at least)..
[Reply]
September 25th, 2007 at 11:09 am
Nak top up dgn cash boleh buat kat Public Bank using the same account no. Kacang aje beb. Ajen code - kena pakai yg existing. Kalau nak pakai code aku pun boleh juge he he he.
[Reply]
September 25th, 2007 at 2:36 pm
Salam Pixo and all,
Saya ada terima mail dari Pixo, dah reply tapi bounced back. Mungkin salah email address atau masalah technical yang lain.
Walaubagaimana pun, ini contact no saya 012-2838982 just in case you haven’t receieved my e-mail.
Saya full time agent Public Mutual, yang lebih fokus kepada data analysis dan pergerakan pasaran semasa(global market). Insyallah, client2 saya yang melabur, serendah2 pelaburan mendapat layanan yang sama seperti high profile client. Itu komitmen saya.
Biasanya seminggu sekali client saya akan dapat email update keseluruhan pergerakan fund serta penilaian untuk membuat sesuatu keputusan(critical decision) ie stay with current portfolio, switch etc…
Sila rujuk pada bahagian understanding in mutual fund untuk menilai sebahagian hasil kajian saya.
http://www.irwan.biz/understanding-mutual-fund/
Saya lebih prefer kalau dapat berjumpa bagi memberikan penerangan yang lebih terperinci dari semua sudut pros dan cons, insyallah.
Terima kasih.
[Reply]
September 27th, 2007 at 11:52 am
Hi there,
Im a new UT investor…Can u show me how to culculate profit for PIADF Normally, after one year… how many % profit we will get?
[Reply]
September 27th, 2007 at 1:05 pm
interesting site. i was searching for information on mutual funds and your site came up. i started a public islamic dividend fund with public mutual, although i’m not sure which one would be more beneficial (ie, which one would earn more). any advice you could give me?
[Reply]
September 27th, 2007 at 4:28 pm
Salam/Greetings,
Afro,
When did you invest in PIADF? If you invested earlier, i.e. when PM started launching the fund, you should have gained around 7% until today. Have you refer to your agent on your fund status? He/she should be able to guide you.
Youngman,
Are you cash or EPF withdrawal investor? If EPF then just stick to the fund coz it’s the best performance so far for Islamic equity fund. But if cash, you might want to consider moving to other better return funds. Ask your agent for details.
If both of you have been abandoned by your agents, just sent an email to me I give my best guide to you. zuraini.yusof@gmail.com
TQ
[Reply]
September 27th, 2007 at 4:51 pm
Young Mom,
Good decision to start investing with Public Mutual. For EPF investment, this is a good Islamic fund as it provides annual income. The fund is mostly invested in stocks which offer/likely to offer attractive dividends yield. Its a moderate risk fund. I, personally recommend PIDF to my clients who do EPF investment.
If it is a CASH investment, actually u have more choices. You could go with more aggressive funds like, P Islamic Equity Fund or P Islamic Opportunity Fund. These are capital growth funds. High Risk = High Returns.
[Reply]
September 27th, 2007 at 11:33 pm
Hi Afro,
If your want to know roughly how to calculate your profit / loss so far probably you can check this out http://financial-freedom-unit-trust.blogspot.com/2007/07/public-mutual-fund-performance-chart.html
Based on the example, it’ll give you a rough idea on how to do calculation on your own.
Basically as for all funds, there’s no guarantee how much profit you’ll earn after a year.. it’ll depend on how the market performance and also how the fund managers react to it.
Hi youngmom,
What we say is that when investing in unit trust, we should have a goal and time frame. If you look at the overall performance previously, most of the funds perform almost the same after a year. Sometimes certain funds will perform better at a stage compare to another, but things might be the opposite after a period of time. Given the different investment strategy taken by the fund managers, some might not see results immediately.
[Reply]
September 28th, 2007 at 9:22 am
Assalamualaikum and good morning to all,
I just surfed the internet and bumped into your blog@website. I find it really interesting and resourceful, and it really open up my mind about financial planning@freedom, since i haven’t made any saving yet.
I would like to know you guys opinion about taking loan to invest in Unit Trust. Can it turn into a profitable way of investing or not? I’m asking because I’m really interested to invest in Unit Trust but base on my salary and my commitment, I couldn’t put aside any money for it.
Thank you in advance for your reply..
[Reply]
September 28th, 2007 at 6:59 pm
adli78, pls do not take loan for invest because the interest from the loan are fixed (if you loan from financial institution) but return from investment are not fix.
If you wan to invest, better discuss with financial planner.
[Reply]
September 28th, 2007 at 7:08 pm
Adli78, I agree with Tengzhi. Do not take loan to invest in unit trust. My advice to you is, invest according to yr affordability. You don’t need to start with a big amount. Initial investment is at least RM1000. Then every month you can top-up as low as RM100. The most important factor here is, Be Disciplined.
[Reply]
September 28th, 2007 at 11:55 pm
Wow.. I just tought of taking loan from bank to invest in Unit Trust just now, but from you guys advice.. now i should think many time before doing that.. thank you very much for the fast replies friend!
[Reply]
September 29th, 2007 at 1:44 am
ur welcome
[Reply]
September 29th, 2007 at 2:40 pm
wow! this is fantastic! i’m so glad to get in touch with you people! i’ve been looking around looking for some guidance in finances, and i found you. my deepest gratitude for the replies. actually, i do not have EPF. i invested with PIADF following the advice of my agent. when i got an extra 1,000 i immediately decided to call an agent friend. i had no idea what unit trusts were, but i knew it may be better than just keeping the amount in the bank. he explained to me what it means to invest in PIA