Thanks for one of our visitors here for asking me about this matter. Let me summarized technical detail of Mutual Fund or Unit Trust.
- Mutual Fund is a group of selected stocks/bonds that are professionally picked by the fund Manager. The picked stocks/bonds are believed to yield acceptable returns.
- The selling price will be charge around 6.7% percent above the Net Asset Value (buying price)
- Selling price = the price you have to pay to buy the mutual fund
- Buying price(NAV) = the price that you will get when you sell your mutual fund
- There is a 1.5% annual fee (depends on type of unit trust) that you have to pay each year.
When will I know that I have actually gained profit?
Mutual fund price is just like usual stock price, which goes up and down everyday. The price is determined at the end of trading period each day. Below is the price table for Public Mutual Funds:
Basically, you will buy your mutual fund using ‘sell’ price (right-hand price) and you will sell your mutual fund using ‘NAV/buy’ price (left-hand). To earn profit, the current NAV must exceed the sell price when you bought that fund. From past performance, Public mutual could achieve 6-15% per year.
Example of calculation:
A year ago, I bought RM10000 Ittikal Unit trust with selling price RM 0.7500 per unit. So total unit that I get was 10000 / 0.75 = 13333.33 unit
Yesterday, the NAV/buy price has became RM 0.8004. I decided to sell all my unit trust. So the total money that I get from the selling is 13333.33 x 0.8004 = RM 10672
Basically, I earned RM672 from this investment.
Hope this could answer some of your questions.
#1 by nikz on May 13, 2009 - 12:12 pm
hye nikki, i just send u an email.Check it out!
nikz
agency supervisor
public mutual berhad
012-6720978
[Reply]
#2 by sramm on May 23, 2009 - 11:40 am
Hai
Dear Irwan,pls some advice,
-> wats ur opinion investing from EPF into Public mutual?
i am 40 years now.
Tq n have nice day
[Reply]
#3 by mohd basir ahmad on June 6, 2009 - 3:38 pm
sramm,
15 year investment spam.
should be okay.
[Reply]
#4 by Nora on August 19, 2009 - 9:45 pm
hi….i intend to purchase Public islamic opprtunity fund (aggressive fund) but do not know how to get the most profit from this type of fund. Do i keep it for long term or sell it when the nav goes up. Pls give advice asap
[Reply]
Unit Trust Consultant reply on October 10th, 2009:
Dear Nora,
If u want to know more about unit trust u can send me your contact number and I will get to u soon.
regards,
UTC
Public Mutual
[Reply]
#5 by nikz on September 2, 2009 - 7:21 pm
Salam nora.can u gif me ur email addres or just sms/call me 012 6720978.I will gif my best advise regarding ur question,
Nik
Agency Supervisor
Public Mutual Berhad
012 6720978
[Reply]
#6 by missena on October 12, 2009 - 10:08 pm
i’ve buy a unit trust public mutual which are PIBOND-2.5k and PCIF-2.5k.i’ve about 11k ++ for my ASB too.i want to buy another unit trust-PITTIKAL using half of my ASB.i decide to buy because of the good performance of it.but, Refer to my agent,it’s not the right time to buy that type of unit trust because of the price.he suggest me to wait the price decreases.But i think the price is not decreases but increases based on my observation about 1 month.can any give the opinion?tq
[Reply]
#7 by Nikz on October 14, 2009 - 1:39 pm
hi missena.PITTIKAL is a good fund.in my opinion, u should proceed to invest in PITTIKAL as soon as possible as the market (KLCI) are going up so rapidly know.
yes there is a chances for the price to going down but is going to be happen if technical correction occur in KLCI.
if u study technical analysis in KLCI, there is minor probability for technical correction to occur as the market now sailing in a good mood.
uf u need more info for the current market and fund performance just contact me 012 6720978..
Nikz
Unit Trust Consultant – Agency Supervisor
Public Mutual Berhad
012 6720978
[Reply]
#8 by missena on October 14, 2009 - 8:10 pm
thanks a lot.rasenya my agent x banyak membantu & x agresif..
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#9 by ratna on October 23, 2009 - 3:32 pm
hi..i’m an agent from Public Mutual..servicing klang valley area…i love to read this blog..as unit trust consultant we need a lot of input and keep news update …b our jobs is not only selling/promoting but the must important is to educate our investor to understand what is unit trust… not only medium to long term,that’s a way to gain max profit. ex: we shud grab the opportunities from the market cycles as Nikz mention earlier and all the agent shud aware of this..agent must alwiz ALERT…and i believe must of consultant/investor not aware of this..thanx irwan for your info..keep it up…
anybody need my 2 cents advise can reach via my email/sms/contact me..sharing is caring..ratnat_77@yahoo.com/012-2787061…
[Reply]
#10 by Daddy Paul on January 2, 2010 - 11:30 am
Well explained in article.
Thanks for posting.
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#11 by albert on January 19, 2010 - 6:01 pm
i have another fren ask it is within 5 yrs UT can do well compare to EPF that can gv us fix % example 4% every yrs(so within 5yrs he will have 20%return)
And how bout UT will it gv 20% more or less within 5yr time frame.
he basically only want to know within 5yrs time.\
thank You everyone
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#12 by Ina on May 13, 2010 - 6:40 am
Hi… I have a small info about Unit Trust but interested to invest. Anybody wants to help?? plz emel me @ tjsekajang@yahoo.com. TQ
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#13 by rhown on July 5, 2010 - 1:28 pm
hello every1..
I just invest in PAUEF las month.
anybody hav invest earlier in this fund??
pls share ur xperience,is it a good fund so far??
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