Public Mutual – My first Unit trust

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.

  1. #1 by Mohd. Awang Razdi Bin Mutalib on July 17, 2006 - 9:47 pm


    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?


    • #2 by yus on August 29, 2008 - 9:12 pm

      Assalamualaikum Razdi,
      I’glad to hear that you interested to invest in unit trust but there there’re rules that you’ve to follow if you want ton invest in this fund.
      1. It’s a medium and long term investment advise to hold at least 3 years and above.Average return from Public Mutual fund on average is from 40 % an above depend on time of current market you invest. Like now when the market is down this is the best time to invest. investment in unit trust is like plant a durian tree, it take a few years to grow but we can harvesrt the fruit until the tree die.
      So if you want to know the profit in a year you better put in ASB or buy direct fund can’t guarante the exact profit but it can give more than you expected if you are willing to wait.

      For your info ittikal fund performance since launch 97 is about 250 % growth.
      If you need to know more just email to me at

      • #3 by mama on October 15, 2008 - 6:58 am


        I invested in Public Islamic Asia Dividend Fund at 0.25 sen through a close friend ( I was sort of trapped into buying)..I have a little idea about this fund, but now I am wondering if I had done the right thing. today’s price is 0.16..can you advise me

        • #4 by Yus on October 15, 2008 - 9:20 am


          pls contact me direct at my email @019-4975363 for free advise

        • #5 by missringgit on November 1, 2008 - 12:21 am

          actually u hv done the right thing, is just the economy is in global dont worry…mmg cycle economy mcm tuh….what should u do now is…try rebalance ur portfolio by doing dollar cost averaging to average down ur unit price, this will help u cut down the losses n u can gain better reurn in long term…even can get xtra units bcoz u buy at lower price like buying in megasale…one more things try to consult/discuss with ur consultant..this is important to review ur portfolio every 6 months….anything u can reach me at

        • #6 by Yus on November 27, 2008 - 5:56 pm

          Utk pengetahuan…

          Saya sertakan beberapa maklumat terkini.Yang boleh digunakan bagi mengambil peluang.

          Apa yag saya perhatikan,kebanyakkan dana mengalami penurunan terutamanya dana tempatan mahupun dana luar negara seperti China.

          Dan penurunan terhadap nilai ( entry point )inilah yg boleh diambil sebagai peluang kerana setiap dana pernah mengalami kenaikan harga tertinggi pd masa lalu.

          Antaranya seperti berikut :
          Data yang diperolehi dari 29/12/06 sehingga sekarang .(within 2 years )

          1) PUBLIC ITTIKAL : LAUNCH DATE : 10/04/1997
          OFFER PRICE : RM 1.00
          HIGHER PRICE : RM 1.1981 ( as at 01/11/07 )
          LOWER PRICE : RM 0.6348 ( as at 28/10/08 )

          OFFER PRICE : RM 0.25
          HIGHER PRICE : RM 0.4227 ( as at 31/5/2007 )
          LOWER PRICE : RM 0.2407

          OFFER PRICE : RM 0.25
          HIGHER PRICE : RM 0.3406 ( as at 30/10/07 )
          LOWER PRICE : RM0.1769( 24/11/08 )

          OFFER PRICE : RM 0.25
          HIGHER PRICE : RM 0.2507 ( as at 27/12/08 )
          LOWER PRICE : RM 0.1334 ( 24/11/08 )

          Daripada analisis yg saya perhatikan saya membuat kesimpulan :

          a) Setiap dana yang ditawarkan adalah berlandaskan fundamental dan kekukuhan sesuatu syarikat yang boleh berdaya saing dlm.jangka sederhana & panjang kerana itulah objektif pelaburan setiap individu yg membuat pelaburan.

          b) Setiap ‘Entry Point’yang ditawarkan juga adalah berpatutan dan mengikut persetujuan pihak pengurusan dan kebeneran SuruhanJaya Sekuriti.Sekiranya berlaku penurunan nilai sesuatu dana bukanlah disebabkan fundamental sesuatu syarikat itu tidak kukuh tetapi adalah kesan kelangsungan.Setiap pengurus mana2 syarikat tidak dpt. menghalang kesan tersebut namun mempunyai ‘option’utk mengalihkan/mengurangkan peratusan asset disesuatu negara.

          c) Nilai2 dana seperti diatas sebegai contohnya,telah mengalami dan melalui paras harga tertinggi yg pernah dicapai.Namun akibat kesan kelangsungan dan berlaku pengucupan nilai sehingga 50%.
          Dan tidak mustahil nilai-nilai tersebut akan pasti kembali paras tertinggi kerana pernah melalui paras tertinggi.Setelah ekonomi global pulih menjelang 2010.

          Saya disini mengesyorkan/cadangan ;

          i)Segera membeli pada nilai yang rendah dan mendapat unit yg lebih.
          ii) Buat strategi awal dengan membuat porfolio/asset class dengan membina ‘combination’ – LOCAL + OVERSEA
          iii)China is most growing economy after US.iv)Sekiranya hanya mempunyai pelaburan melalui EPF, inilah peluang terbaik untu memulakan pelaburan melalui tunai.v)Bagi pelabur EPF teruskan melabur setiap tiga bulan dan anda berpeluang untuk menjadi ahli Mutual Gold sekiranya jumlah pelaburan anda mencecah RM pelaburan melalui tunai jadikan sebagai habit untuk menyimpan secara berkala (bulanan)

          More unit Double Yr money = PROFIT

          Your Financial Consultant
          Yussardi 019-4975363 Penang Mai

  2. #7 by Irwan on July 18, 2006 - 9:07 pm

    hi there, ive made up a post about how to know calculate unit trust profit. Hope this will help:

  3. #8 by Emily on August 1, 2006 - 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: Keep up the good work!

  4. #9 by Nazri on August 24, 2006 - 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?

  5. #10 by Irwan on August 24, 2006 - 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’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

    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

    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. 😉

    • #11 by zam on July 17, 2010 - 7:32 am

      call me 0142990186………….

      mcmana nk join…………..
      rm10k cukup x
      urgent …………….call me 0142990186

  6. #12 by newbies on September 14, 2006 - 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.

  7. #13 by hyms on October 25, 2006 - 8:15 pm


    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.

  8. #14 by fazilah on November 15, 2006 - 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.

  9. #15 by Mohd Ali Mohamad on November 29, 2006 - 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…

    • #16 by morad on June 12, 2008 - 6:30 pm

      Hi Ali is your webpage ready yet?

    • #17 by Mohd Ali on June 17, 2008 - 3:31 pm

      • #18 by lin on April 21, 2010 - 1:09 pm

        Hi Ali,
        I’m interested to be an Unit Trust agent. Can u help me guide to become a good agent.

  10. #19 by Yantisa on December 5, 2006 - 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 :

  11. #20 by Mohd Ali Mohamad on December 5, 2006 - 12:10 pm


    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 joke..Wait till you receive my email

    • #21 by Mitchelle on April 17, 2008 - 5:56 pm

      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?

    • #22 by jinglee on July 6, 2008 - 7:57 am

      Hi, i’m excited to know ur secret to make side income. I’m in Kuching, n my father is an investor for more than 10 yrs. I will start my own investment in this month, but the agent servicing my father is not as professional as yours. He said we will sell off our funds when we make 15% profit, n then buy in again when market is low. my Q is, between the time we sell n buy in again, what shall we do wit the $$? put it in FD? if it is less than a year, i’l not earn any sen…so this is my Q, n i’l ask him soon.

  12. #23 by Hafiz on December 19, 2006 - 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

  13. #24 by Mohd Ali Mohamad on December 21, 2006 - 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.
    If you really want to know more feel free to call me at 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!

    • #25 by hafizi on April 15, 2008 - 4:54 pm

      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

    • #27 by halimaton on August 26, 2008 - 12:49 pm

      Dear Hafiz,

      I would like to know and invest with you in the unit trust. Can u contact me on my h/p no. 012-6394291 or office no. 2050 1888. TQ

      • #28 by halimaton on August 26, 2008 - 12:52 pm

        Dear mohd Ali mohamad,

        i would like to know more about unit trust. Pls contact me on my h/p 012-6394281 off no. 2050 1888. TQ

  14. #29 by Irwan on December 23, 2006 - 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.

  15. #30 by Stockbroker on December 27, 2006 - 5:09 pm

    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.

  16. #31 by hyms on December 27, 2006 - 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!

  17. #32 by Irwan on December 27, 2006 - 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.

  18. #33 by Raymond Chan Agency on January 20, 2007 - 5:06 pm

    Very intresting site. Good place to discuss about Unit Trust. Very well informed. Public Mutual fund is the best.

  19. #34 by Friend on January 24, 2007 - 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!

    • #35 by Pak KO on May 16, 2008 - 1:59 pm

      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

    • #36 by jhuan on June 9, 2008 - 2:47 pm

      would love to take a look at your method. Pls email me a copy. Thanks in advance.

    • #37 by jinglee on July 6, 2008 - 8:04 am

      oh ya, it’s really interesting!! I can help my father to monitor his. As he has quite a huge amt in PM funds. As I read on the comments, I think I rili need a professional agent, not someone just ask u to buy n sell, n he get all the commission!!

    • #38 by Kiran on July 16, 2008 - 4:08 pm

      Will appreciate if you could kindly e-mail to me your method. Thanks

  20. #39 by Mohd Basir Ahmad on February 4, 2007 - 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.

    Mohd Basir Ahmad
    Unit Trust Consultant / Agency Supervisor
    Public Mutual Berhad

  21. #40 by Irwan on February 5, 2007 - 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

  22. #41 by vv on March 8, 2007 - 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.

  23. #42 by BaM on April 7, 2007 - 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 !

  24. #43 by Muzz on May 4, 2007 - 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!!!

  25. #44 by Irwan on May 4, 2007 - 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!

  26. #45 by Ming on May 12, 2007 - 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

  27. #46 by kkchow23 on May 15, 2007 - 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

  28. #47 by Husni on May 16, 2007 - 11:47 am

    Hai, any other people out there looking for investment.

  29. #48 by Ming on May 18, 2007 - 3:13 am

    Hi everybody…is me 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.

  30. #49 by kkchow23 on May 22, 2007 - 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

  31. #50 by Fazalee on May 26, 2007 - 8:41 pm


    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….

    • #51 by firdaus on December 30, 2008 - 5:07 pm

      saya brminat nak msuk public mutual..ade sesiape yg bleh tolong x?

  32. #52 by senah on May 29, 2007 - 3:11 pm


    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

  33. #53 by varie on May 29, 2007 - 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.

  34. #54 by kkchow23 on May 30, 2007 - 1:01 am


    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.


    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

  35. #55 by Rosli on July 1, 2007 - 2:52 pm

    -comment removed-

  36. #56 by kkchow23 on July 1, 2007 - 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 🙂

  37. #57 by hayati on July 11, 2007 - 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

  38. #58 by Irwan on July 11, 2007 - 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.

  39. #59 by kkchow23 on July 11, 2007 - 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.

  40. #60 by newbies on July 13, 2007 - 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.

  41. #61 by halim on July 16, 2007 - 4:48 pm

    calling for unit trust agent at east malaysia.. esp kota kinabalu

    i need your further explaination regarding unit trust


  42. #62 by rushdan on July 16, 2007 - 8:59 pm

    ada unit trust agency (public mutual) around subangor shah alam tak.. I ingat nak apply jadi agen part time le…

  43. #63 by kkchow23 on July 17, 2007 - 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 :

  44. #64 by Arif ismail on July 18, 2007 - 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

    I am running a FREE seminar on how to become a unit trust consultant. Further details can be found at

    Arif. KL.

  45. #65 by Pantera on July 19, 2007 - 12:51 pm


    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.

  46. #66 by Irwan on July 19, 2007 - 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)

  47. #67 by Irwan on July 19, 2007 - 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.

  48. #68 by abaw on July 20, 2007 - 10:57 pm


    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

  49. #69 by iza on July 25, 2007 - 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?

  50. #70 by Pantera on July 25, 2007 - 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

  51. #71 by kkchow23 on July 25, 2007 - 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.

  52. #72 by Irwan on July 25, 2007 - 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.

  53. #73 by azwa on July 26, 2007 - 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.

  54. #74 by Pantera on July 26, 2007 - 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!!!!

  55. #75 by kkchow23 on July 26, 2007 - 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.

  56. #76 by Irwan on July 26, 2007 - 10:11 pm

    Azwa, here is my new post about dollar cost averaging.

  57. #77 by azwa on July 26, 2007 - 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??

  58. #78 by slyeo on July 30, 2007 - 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!!

  59. #79 by kkchow23 on July 30, 2007 - 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.

  60. #80 by DaveLu on August 1, 2007 - 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..?



  61. #81 by kkchow23 on August 1, 2007 - 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 :

    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.

  62. #82 by slyeo on August 1, 2007 - 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 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!

  63. #83 by Irwan on August 2, 2007 - 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.

  64. #84 by DaveLu on August 2, 2007 - 11:43 pm


    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…

    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..

    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…


    and apologises for the long post bro.. keke

  65. #85 by slyeo on August 3, 2007 - 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!

  66. #86 by DaveLu on August 3, 2007 - 12:08 pm


    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. 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..


  67. #87 by kkchow23 on August 3, 2007 - 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.

  68. #88 by slyeo on August 3, 2007 - 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!

  69. #89 by kkchow23 on August 3, 2007 - 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:

  70. #90 by Adiputra on August 7, 2007 - 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?

  71. #91 by Pantera on August 7, 2007 - 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.

  72. #92 by Irwan on August 7, 2007 - 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.

  73. #93 by kkchow23 on August 7, 2007 - 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.

  74. #94 by Hyms on August 8, 2007 - 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.

  75. #95 by kkchow23 on August 8, 2007 - 11:40 am

    Just my opinion, kinda confusing for investors as the official website :

  76. #96 by deanz on August 9, 2007 - 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

  77. #97 by kkchow23 on August 9, 2007 - 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.

  78. #98 by Irwan on August 9, 2007 - 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.

  79. #99 by naan on August 12, 2007 - 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.

  80. #100 by Accrued on August 20, 2007 - 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?


  81. #101 by nuriah on August 20, 2007 - 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, im looking for someone who is really committed to guide me…..

  82. #102 by naan on August 20, 2007 - 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 Group sis tiap2 minggu ada training session.

  83. #103 by kkchow23 on August 20, 2007 - 11:54 pm

    hi nuriah,

    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 :

    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 : Along the way, you’ll learn more bout how to financially plan for yourself and also helping others along the way.

  84. #104 by Arif ismail on August 25, 2007 - 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

    We will guide A to Z.

  85. #105 by Syukri on August 26, 2007 - 3:56 pm


    Sesiapa berminat nak tahu lebih lanjut tentang Unit Trust Public Mutual
    sebelah Utara, Sila call 0194210818 atau emailYm saya
    Saya salah seorang agen yang aktif disebelah utara, terutama di area Alor Setar, jitra, Kangar dan UUM Sintok


  86. #106 by MR. Young on August 31, 2007 - 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

    you may also email me at

    Good Luck.

  87. #107 by Zuraini on September 1, 2007 - 8:59 am


    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:

    Insyallah, saya akan membantu anda berdasarkan analisis semasa.

    Terima kasih.

  88. #108 by Tatau Lim on September 2, 2007 - 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* 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?

    Tatau lim

  89. #109 by Mr Chin on September 3, 2007 - 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 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.

    Mr Chin

  90. #110 by kkchow23 on September 3, 2007 - 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:

  91. #111 by Zuraini on September 3, 2007 - 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!

  92. #112 by Mr Chin on September 4, 2007 - 10:53 am

    Hi Zuraini,

    Perhaps you can help in my other post regarding the rational behind switching at .Thanks.

    Mr Chin

  93. #113 by jelly on September 4, 2007 - 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

  94. #114 by kkchow23 on September 4, 2007 - 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

  95. #115 by tengzhi on September 4, 2007 - 11:13 pm

    is single pricing really good? can u describe the pro and con, thanks

  96. #116 by kkchow23 on September 5, 2007 - 12:13 am

    Hi tengzhi,

    For single pricing you can refer to

    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.

  97. #117 by tengzhi on September 5, 2007 - 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

  98. #118 by kkchow23 on September 6, 2007 - 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.

  99. #119 by MR. Young on September 8, 2007 - 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.

  100. #120 by tengzhi on September 8, 2007 - 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

  101. #121 by kkchow23 on September 8, 2007 - 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.

  102. #122 by tengzhi on September 8, 2007 - 5:50 pm

    yup… so next week when u free?

  103. #123 by balavendram on September 14, 2007 - 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.

  104. #124 by titan on September 14, 2007 - 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.

  105. #125 by tengzhi on September 15, 2007 - 10:24 pm many agent…can share exp on how to success or not ?

  106. #126 by afro on September 16, 2007 - 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.

  107. #127 by hakimie on September 18, 2007 - 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.

  108. #128 by MsChong on September 18, 2007 - 5:48 pm

    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

  109. #129 by ahiaw on September 19, 2007 - 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.

  110. #130 by kamal on September 23, 2007 - 10:16 pm

    mana2 fund under public mutual kita anggarkan dividen 15-20 peratus setahun. tapi ada yang dapat lebih. Itu kira bonuslah.

  111. #131 by pixo on September 25, 2007 - 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)..

  112. #132 by Pantera on September 25, 2007 - 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.

  113. #133 by Zuraini on September 25, 2007 - 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.

    Saya lebih prefer kalau dapat berjumpa bagi memberikan penerangan yang lebih terperinci dari semua sudut pros dan cons, insyallah.

    Terima kasih.

  114. #134 by Afro on September 27, 2007 - 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?

  115. #135 by youngmom on September 27, 2007 - 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?

  116. #136 by Zuraini on September 27, 2007 - 4:28 pm



    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.


    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.


  117. #137 by naan on September 27, 2007 - 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.

  118. #138 by kkchow23 on September 27, 2007 - 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

    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.

  119. #139 by Adli78 on September 28, 2007 - 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.. 🙂

  120. #140 by tengzhi on September 28, 2007 - 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.

  121. #141 by naan on September 28, 2007 - 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.

  122. #142 by Adli78 on September 28, 2007 - 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! 🙂

  123. #143 by tengzhi on September 29, 2007 - 1:44 am

    ur welcome

  124. #144 by Youngmom on September 29, 2007 - 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 PIADF, and he said its moderate risk. so i said ok. do you think i should stick with my current fund, or should i switch?

    more success to all of you! thank you so much for sharing!

  125. #145 by tengzhi on September 29, 2007 - 11:23 pm

    during the agent approach u…s/he should have ur profile already… so the investment profolio should be in parallel with ur profolio…eg..if u r a moderate risk taker..and that fund can help u in achieve ur objective…then u should not switch because the fund u invest in a new fund… which mean u haven’t see it perform yet…so to be fair to u..better not switch because if u switch now…charges will be apply..

  126. #146 by Zuraini on October 1, 2007 - 1:05 am

    Salam and Greeting,

    I guess question on taking loan for investment should depend on situation. I got a friend whom her company offer personal loan with zero interest. Well, you might want to go for this if your company offers such facility. After all your investment with be fruitful over period of time, and at the same time you put yourself in discipline mode. Also, if your fund performs at outstanding rate ie PIOF return since Jan 07 till now 38%, you can take out the profit and pay your loan. You might want to consider!

    Just for information, let’s look into current statistics of unit trust industry in Malaysia:

    Summary of Statistics (4 Months)

    As at Month End: Apr.07, May.07, Jun.07, Jul.07
    No. of Management Companies *: 39; 39; 39; 39
    No. of Approved Funds *: 450; 462; 468; 478
    Total Approved Fund Size * (Billion units): 376; 390; 398; 411
    Units in Circulation (Billion units):164; 167; 174; 182
    No. of Accounts: 11,340,883; 11,385,840; 11,451,814; 11,607,816
    Total Net Asset Value (NAV) of Funds (RM’Billion): 140; 144; 147; 153
    Bursa Malaysia Market Capitalisation (RM’Billion): 1,056; 1,061; 1,088; 1,077
    % of NAV to Bursa Malaysia Market Capitalisation: 13%; 14%; 13%; 14%

    * Includes funds approved but not yet launched
    Source :FMUTM Web

    Have “fund”!

  127. #147 by slyeo on October 1, 2007 - 10:54 am

    Adli78, check out ‘Invest with Public Mutual’, scroll down to ‘Borrowing to Purchase Units’. Investors are discouraged to do so because of the risk factor involved in unit trust investment. As much as we’re confident that Public Mutual funds will perform, there’s no 100% guarantee that the return will be higher than the loan interest rate. In the worst case scenario e.g. a prolongest weak market, not only will your funds suffer a capital deficit, you’ll have the interest rate to pay, it’s like burning the candle at both ends!!

    Also, you’ll still need to fork out 40% of the total investment amount, e.g. if you plan to invest RM10,000, the financial institutions offering such loans (Public Bank & Mayban Finance) will only finance you a maximum of RM6,000.

    Hence, it’s reall not a good idea to borrow money from a credit company (legal or otherwise) to invest because of the interest rate. But as mentioned by Zuraini, if your company gives you loan with zero interest, it might be worth considering (make sure there’s no string attached or other terms & conditions), I wish my employer does!

  128. #148 by kkchow23 on October 1, 2007 - 8:23 pm

    Hi Adli78,

    Actually most important for each investor is to know the risk involve when taking up loan. At each forms we fill up for investment into unit trust, there’s a statement for “Unit Trust Loan Financing Risk Disclosure Statement”. Sometimes, your agent/consultant might not inform you when sign up for investment.

    In my opinion, basically we should start saving from early. If we don’t have the capital in the early stage, start small. Eventually when we start to have any increment in our salary/income, do more investment. We should try neglect other things which is not a necessities to us at the moment(entertainment/sport car/luxury house,etc…). After we have reap the fruit of our investment, we can start to enjoy the benefits. The time lost when we don’t start early can’t be recover.

    Imagine, if you’re saying that currently you cannot spare any money for unit trust. Then, how are you going to find money to repay the loan every month. It’s not a sure profit investment. There’s always risk involve and most calculation shows that we can actually benefit more if we use our own money for investment.

    Me don’t think loan is my cup of tea.

  129. #149 by Mohd Basir Ahmad on October 1, 2007 - 10:15 pm

    Once one of my investors ask me, “I want to take up the BSN loan at 5.6% and invest in UT”

    My answer was “I know with right asset placement and monitoring, it will surely work, but in term of principle, it’s a NO”

    So, it’s a NO.

  130. #150 by Zuraini on October 2, 2007 - 4:37 am

    Salam & Greeting,

    Let’s the figures speak for themselves:

    *Assume: You ignore the risk, coz you believe at end of the day you’ll make money at UT, otherwise nobody will enter UT coz everybody afraid to take risk or whoever join UT will become losers.

    Plan A:

    If you’re taking:
    Loan: RM 10,000
    Period: 5 yrs
    Interest: 5.6% /yr
    Total repayment: RM13,223

    How much money you’ll make after 5 yrs?

    If UT gained avg 10 %/yr after minus loan repayment, you will get RM 2,628
    If UT gained avg 12 %/yr after minus loan repayment, you will get RM 3,978
    If UT gained avg 15 %/yr after minus loan repayment, you will get RM 6,098
    If UT gained avg 20 %/yr after minus loan repayment, you will get RM 9,830

    Plan B:

    If you were to invest:
    First month RM1,000
    Monthly investment RM153 x 59 months = Total – RM10,000

    Probably after 5 years you’ll bring back home a total of:

    If UT gained avg 10 %/yr – RM 13,903
    If UT gained avg 12 %/yr – RM 14,787
    If UT gained avg 15 %/yr – RM 16,205
    If UT gained avg 20 %/yr – RM 18,835

    Which one you’ll choose, Plan A or Plan B???

    Selamat bersahur…

  131. #151 by kkchow23 on October 2, 2007 - 3:32 pm

    Basically when taking up loan, your using it as a capital to invest in order to gain profit.

    In Zuraini’s sample for Plan B, it’s refering to the capital plus profit.. if you remove the capital, you’ll probably get almost the same for Plan A and B (difference about RM1,000 – based on his calculation). The main difference is that, if and only if the loan rate is fixed and the profit is fixed too. We can’t control either of these two factor. That’s why we should use our own money to invest rather than by loan. At least no matter what the outcome, we don’t need to worry about the loan repayment.

  132. #152 by Adli78 on October 2, 2007 - 8:13 pm

    Hi all friends,

    Thank you for all of your comments. I really appreciate it. One more thing that I would like to know. By being UTC, do he have any advantage if he want to invest in Unit Trust & if I invest in Unit Trust with Mr. X, who is a UTC and after a while Mr. X quit being a UTC, so what happened to my money? Who will take care of it?

    Sorry to ask such silly question.. 🙂

  133. #153 by Zuraini on October 2, 2007 - 11:58 pm

    Salam Adli78,

    You have posted great questions here.

    1] Advantage of being Unit Trust Consultant UTC in Public Mutual cum investor is no fee for each of fund you invest but subject to min and max of initial and additional investment.

    Initial investment for all level of UTC:
    Minimum: RM1000
    But for maximum by Level
    Agent: RM1000
    Supervisor: RM2000
    Manager: RM4000
    Group Manager: RM6000

    Additional investment min RM100/mon
    Max by Level:
    Agent: RM100
    Supervisor: RM200
    Manager: RM400
    Group Manager: RM600

    2] If your agent quit or missing in action, your account is safe under Public Mutual. You are putting your investment with the fund house not the agent. Agent is only a medium to guide you toward your investment goal. Even if he/she quit, next level of supervisor will take care of your portfolio. Usually, when the agent is not active, quit or terminated, a letter will be given to him/her by the fund house. In case he/she is no longer in service, clients will get notification from fund house on the status.

    When you invest with public mutual, I suggest you to fill up Tele Mutual form. You’ll have a total control of your account, best of all at your finger tip. You can check status, redeem, switching and so forth with this features. If you wish to learn further on this industry just drop an email to me I’ll guide you to the end.

    Take care, wassalam.

  134. #154 by Zuraini on October 3, 2007 - 12:01 am

    Salam & Greeting,

    Alhamdullillah, Muslims are now reaching their 2/3 of Ramadan. 1/3 to go and hope all the Muslims take this advantage to find night of “Lailatul Qadar” which is a night better than 1,000 months. While pursuing your financial freedom now, you might want to lock on your investment towards akhirat as well.

    I’ve done some study on investment tips to enhance my skills and analysis in UT. While searching for investment tips in the web, I’ve found a great article which I believe will add our knowledge to UT as well. Hope you guys enjoy reading this.

    My Investment Experience: (

    Last year, the Securities Industry Development Corporation (SIDC) organised an essay writing competition titled My Investment Experience with the objective of getting investors to share their investment experience, good or bad. We present you, the winning essay by Gan Hong Leong from Bentong, Pahang.


    “Investment is most intelligent when it is most businesslike.” Benjamin Graham, widely known as the father of value investing, taught Warren Buffet this philosophy. Based on this wisdom, Warren Buffet invested in the stock market. Today he is the second richest man in the world. Learn from him, learn from his success, and you too can become rich.

    The stock market was virtually a virgin jungle to me when I bought my first share. That was in 1960, and I was 21. At that time, I was as naïve and ignorant as a schoolboy regarding stocks and shares. So long as the price was low I would call it cheap. Undervalued stocks, fairly-priced stocks, or overvalued stocks are all the same to me. The chaff and the grains have no difference.

    However, I was lucky to insist that the stocks which I bought must give good dividend yield. Buying shares o a cum-dividend basis was my preference. I would sell whenever I had a good capital gain of more than 50%. I continued to invest in that manner which turned out to be profitable. Little did I realised, I was actually buying fundamentally sound stocks at fairly low prices. My investment strategy was businesslike.

    In April 1993, the Malaysian stock market had a super bull run. From a low of 645 points, the KLSE Composite Index hit its all time high of 1332. Speculation was rampant. Price rise was spectacular. The market was a hive of activities. To get a seat to watch the market in the broker firm, you need to cue up as early as 7:30 a.m.! In every corner of the town, people were talking about the market. There were no losers. Everyone was a winner. I sold at the later stage of the bull market and made a windfall. By February, 1997 the value of my portfolio appreciated to RM3,000,000 from RM48,000 about 20 years ago. However, I was still none the wiser about the stock market.

    The years 1997 and 1998 were traumatic. The KLSE Composite Index was at 1279 in February, 1997. I bought the shares of an investment holding company listed on the main board and the share price was around RM15 per share in early 1997. By August 1997, it had declined to RM7.70 per share.

    After I bought some at that price, the price kept on declining. Against the principle of wise investing, I started averaging down whenever there was a small decline. By November 1997, it had declined to RM1.83. I thought it would stop there. Alas! It was not to be. The price continued to decline. By August 1998, it reached a low of 40.5 sen per share.

    Meanwhile, my portfolio depreciated from RM3,000,000 to a mere RM50,000. Suddenly, I realised that buying in a downtrend and holding on to a falling stock was extreme stupidity. “Never catch a falling dagger!” became my favourite phrase.

    After the introduction of capital control in Malaysia in September 1998, the country slowly nursed back to health. By then, I had become smarter, having learned fundamental and technical analysis. My investment was starting to become intelligent and more businesslike.

    In April 2001, I started to accumulate some stocks based on fundamentals. I chose company that had excellent management and great potential for growth. If it pays good dividends and the company was undervalued, I held on to the shares. By September 2003, the stocks that I had bought had appreciated and together with the dividends received, I got another windfall.

    Words of Advice

    For all stock market investors and speculators out there, here is my advice:

    Value for money you must insist.
    Buying in a downtrend you must resist.
    The trend is your friend.
    Follow it to the very end.
    Holding on to a falling stock is unwise.
    Cut your loses quickly is advised.
    Never kill the golden goose when you have one.
    Never sell prematurely, let it run for once.

    Undervalued unpopular stock is never a fancy.
    Glamour stock is the choice normally.
    Join the crowd; enjoy the ride, if you wish.
    Be careful though, lest you fall out and vanish.

    The market is most tempting at the top.
    Lock in your profit before volume has a good drop.
    Sell your stocks when you love them most.
    Take your money & let the deal be closed.

    Buy when volume traded is at its lowest.
    The market will then be at its dullest.
    Investors should buy low and sell high.
    Traders should buy high and sell higher.

    Some day you will know what I mean.
    By then, you are a stock market dean.

    Success in any field requires your labour. The stock market is no exception. To be successful, ensure that you have the knowledge and wisdom to plan your strategies, the discipline to carry out your plans, the patience to wait, the perseverance and temperament to endure, the capital to implement, and above all, the will to win. Incidentally, these are traits of a successful businessman; hence, the usefulness of Graham’s advice.

    Investment in knowledge pays the best dividends. I share this philosophy.

  135. #155 by kkchow23 on October 3, 2007 - 4:32 pm

    Hi Adli78,

    By becoming an agent, you can purchase funds without service charges. However, other fees are still applicable such as management fees, trustee fees, etc. Morever, it’s not beneficial in the long run as the sales won’t accumulate to your personal sales, meaning you’ll be losing out alot for other commission. What’s actually attractive by joining as an agent is the learning process. We’ll be able to learn more about unit trust and how to manage our investment.

    If servicing agent happens to quit, terminated or not providing service.. fundholders investment will still be intact, as UTC acts as a middle-person in handling transactions and servicing between company and client. In terms he/she quits or terminated, you’ll automatically be change to his/her upline. Don’t worry, definitely they’ll be someone who’ll be servicing you. But in case non is provided, you can request the company to investigate and transfer of servicing agent.

    This is really frequent for investors, as some agent who’s irresponsible might just neglect some of the clients and end up being lost. The reason why I joined as UTC is also due to the lack of services from the agent.

  136. #156 by Adli78 on October 10, 2007 - 11:41 pm

    Hi again friends,

    I have some odd question here. Sorry to trouble you guys.

    Well, let’s say that I’ve invest in Unit Trust with Mr. X from Public Mutual. Then after a few days or week, one of my friend, who is a Unit Trust Consultant from Public Bank ask me to invest in Unit Trust with him. Can I invest with two different Unit Trust Consultant? Or should I withdraw my investment with Mr. X?

    Thank you in advance.. 🙂

  137. #157 by Zuraini on October 11, 2007 - 11:07 pm

    Assalammualaikum Adli78,

    Yes you still can have 2 different agents to serve you, and you account will be split into two. As mention earlier, actually you are dealing with fundhouse, and agent is only a medium to guide you towards your investment goal.

    Consider these scenarios if you want to change agent:

    1] Agreed by fundholder, existing agent and new agent.
    Usually the company will proceed with the request. You just need to fill up “Change Agent Servicing” form, acknowledged by three parties involved (fundholder, existing agent and new agent), provide reasons and account number. Next few days your portfolio will be transferred to new agent and he/she will have full access view into your accounts.

    2] Dissatisfy with current agent services.
    You file a complaint, fund house will issue letter to 3 parties, fundholder, existing agent and new agent concern for further investigation.

    Try to avoid this pitfall:

    Fundholder tends to choose servicing agent because of emotions, not quality of services. I can see most of fundholders tend to join UT because of this. Otherwise they should be able to gather information form the agent.

    We should consider that our investment have a degree of exposure to certain risks. Would emotions help when thing wasn’t run as you expected? Play smart, knowledge is the power, and in the end always leave everything to Allah. I hope these explanations help.

    Selamat Hari Raya to all Muslim viewers, Maaf Zahir dan Batin. Drive safely and don’t forget to recite DOA. Take care!

  138. #158 by tengzhi on October 15, 2007 - 3:35 pm

    hi, how is everyone…hari rayaa have over…it time to see our investment again..keep in touch ya

  139. #159 by fa_izzah on October 22, 2007 - 2:17 am

    hi irwan, good site…Regional sector fund join in 2006?? what fund is that ?that ‘isnt an islamic fund right? .. i think PIOF is the best right now and very suitable for young people like us that can bear the ‘managed risk’. i get return of 72% until jul this year (2 yrs old fund) and if the price touch rm0.42 like the previous high (somewhere in july), i shall have 100% return..maybe need switching to lock the profit if the expected major market correction happend end of this year…expected? not really but the 10 year cycle is back…pls comment

  140. #160 by dienazzr on October 22, 2007 - 6:56 pm

    Hy…a website that cought my eyes bout investment and unit it! a’way, since im a so-so bout dis topic…i really need u guys help. I want to invest in unit trust for bout 3 year term and later might need it. So is it ok if i do regular investment of rm200 per month for dis 3 year target term? a’way, im a bank staff so if i buy UT from my bank, then my sales charge will be 1% only instead of 5% for non-staff. I think dis is my chance to break-even faster and so making money a lot more than investing outside. But a senior told me i should do a lump sum investment then try to play with it- buy sell. Taking out the profit whenever there’s any return and not to wait for few years. Then leave the capital inside again, taking out profit a’time and keep in other safe place…and so and so. Am i making money by doing dis? So confuse la the concept whether should do like dis or juz make regular investment. Please help me fren to advice…

  141. #161 by ryj on October 23, 2007 - 1:33 am

    For personal information abt unit trust pls refer my website.

    Jika mahu khidmat runding unit trust(Public Mutual) boleh hubungi saya, rais 019.2799053 (Png – KL – Sbn – Jb)

    Public Mutual, Unit Trust Consultant

  142. #162 by fa_izzah on October 23, 2007 - 10:09 am

    dienazzr…just want to share…i think u shd look at the return ur bank fund could give..though u can reduce and pay only 1%.. maybe there’s other fund that can give double return from ur better check the performance and do some calculation before u decide.. if the 1% really help to push the return..then u shd invest…

    if u have the money to invest lump sum ( it’s not recommendd to loan the money from bank, too risky)..i think its better…easier to monitor on how much u’ve earn by monitoring its daily price movement.
    and then u’ll know when to switch ur fund ( play with the money lah) but be careful bcause if u wish to play ‘hit an run’ it can be a GAMBLING which is ‘haram’ if u r a muslim. swithing is very good but dont hit and run..i think that is what george soros did to our contry..but in billions…huhu

    and u can also inject 200/months after u out the lump sum money…

    wow, hv to continue my assignment…Selamat Hari Raye!
    shah alam
    ( pls dont hesitate to contact if there’s any argument or question..i’m studying it )

  143. #163 by amz on October 24, 2007 - 3:16 pm

    Dear Irwan,

    I invest dalam unit trust ada satu bank ni.. and i am not satisfy with my agent service.. i log a report to the main body for them to do investigation but feedback pun mengecewakan! BUt since i feel x wajar mention any bank or personal name and to give the details situation here, hope we can have ‘personnal’ comm (via other email?). Need ur advice ASAP.

  144. #164 by Mohd Basir Ahmad on October 24, 2007 - 3:50 pm


    would be glad to help. call me at 017-3355733. or

    – basir. PM.

  145. #165 by Irwan on October 24, 2007 - 8:13 pm

    hi there,

    i think it’s best for someone who is an agent to work with you on that.

    good luck.

  146. #166 by dienazzr on October 24, 2007 - 8:25 pm

    What i meant was…which senario would make more profit?

    a) i invest a lump sum of 2k and remain the capital inside then take out profit each time it gives me return (coz i can monitor and manage my own account as im a bank staff) OR

    b) invest regularly 100/month?

    No switching involved, no loans for capital

  147. #167 by dina on October 24, 2007 - 8:45 pm

    i juz change my nickname to dina..tq

  148. #168 by dina on October 24, 2007 - 8:46 pm

    dienazzr to dina…thx

  149. #169 by Zuraini on October 24, 2007 - 10:04 pm

    Salam amz,

    You must be pretty angry with your agent right now. Mind to share your experience with us? Of course you need not to mention the name and fundhouse.

    In your case, the first thing you should do when meeting with an agent, you should tell him/her what is your expectation towards your investment.

    Here the clues:

    1] Your investment plan i.e. saving, future retirement, education plan, etc… how long and bottom line is your expected return of investment. Have your investment reach the goal?

    2] How he/she gonna monitor your investment i.e. statement readily available when needed, fund prices, market wrap etc…

    3] Fund house and fund strategy – current market scenario vs. fund manager strategy etc

    4] Agent strategy – diversify, pool, lump sum, regular saving, dollar cost averaging, market timing etc…

    5] Reporting system – when? Weekly? Monthly? And how this helps you make decision

    And if I were to list them up, it’s gonna be 1001 pages, and I’m sure you have your own expectations. I suggest with your current situation, go and meet several different agents.

    If possible look for a full time, experienced and committed one. Identify how they handle their client portfolios. Then make your choice.

    Ultimately, you can send an email to me, Insyallah, I’ll try my very best to help resolving most of your issues.


  150. #170 by Zuraini on October 25, 2007 - 9:06 am

    -Resent, for better viewing-

    Salam & Greeting,

    Choosing a fund house might be tough to some of us.
    Well not anymore. Again, let the figures speak for themselves:

    TOP 5 PRIVATE UTMC (RM Billion):

    Fund House: Dec-06: Jun-07: Growth
    Public Mutual: 16,191: 22,064: 36%
    Amlnvestment: 7,014: 8,736: 25%
    Hwang-DBS: 2,653: 4,987: 88%
    Prudential: 3,390: 3,989: 18%
    CIMB: 3,791: 3,421: -10%
    Others: 15,284: 16,940: 11%
    Total Private
    Net Asset Value
    (NAV RM Billion): 48,323: 60,137: 24%

    PM’s Market Share: 37%
    PM’s Growth: 36%

    Industry Growth: 24%

    Which fund house would you prefer to enter???


  151. #171 by slyeo on October 25, 2007 - 12:04 pm


    My suggestion, go for a), if you pay attention to the financial news (tv or newspapers), generally the regional market still has the capacity to pick up, meaning if you invest a lump sum now, good chances it’ll give you some good profit from now till end of 2008.

    But I’d say it’s better to set your objective & leave the fund to grow, then repurchase when you reach your target, probably not a good idea to do quick profit-taking, because if you take out RM100-200 everytime you make that extra bucks, this ‘hit-and-run’ guerrilla tactic might give you a total profit which is less (depending on how big your investment is) because every time you take out the profit, your capital goes back to square one but the total unit will be less.

    See e.g. below, say you invest RM2k, unit price is RM0.25, you have 8000 units; if it goes up to RM0.30, you’ll have RM2400; if RM0.40, you’ll make RM3200.

    Unit Price Total Unit Value
    RM0.25 8000 units RM2000
    RM0.30 8000 units RM2400
    RM0.40 8000 units RM3200
    TOTAL PROFIT: RM3200-RM2000 = RM1200

    But if you repurchase every time you make a profit & maintain your capital of RM2000:
    Unit Price Total Unit Value
    RM0.25 8000 units RM2000
    RM0.30 8000 units RM2400
    (Profit taken out RM2400-RM2000=RM400
    Units withdrawn RM400/RM0.30=1333 units)
    Remaining units: 8000-1333=6667 RM2000

    RM0.40 6667 units RM2666.80
    (Profit taken out RM2666.80-RM2000=RM666.80
    Units withdrawn RM666.80/RM0.40=1667 units)
    Remaining units: 6667-1667=5000 RM2000

    TOTAL PROFIT: RM400 RM666.80 = RM1066.80
    TOTAL VALUE: RM3066.80

    This of course assumes that the market is going up but there’s no 100% guarantee, any unpredictable factor might disturb the market. So if you prefer to play it safe & you believe one bird in the hand is worth two in the bush, give it a try & see if you can eventually make more overall profit than the ‘invest-and-let-it-grow’ strategy. On the whole, the prospect looks good for a lump sum investment.

    Monthly investment is for really long term investment, say more than 3 or 5 years, it’s good for a downtrend market because you’ll be collecting more & more units as the price drops. Think of it as a consistent saving plan for the long term. Usually parents do this for the children’s future education fund. In the short term, you may not see much or obvious profit, guess this is not what you want.

    Make full use of the 1% service charge as a staff. Good luck & happy investing!!

  152. #172 by Mohd Basir Ahmad on October 25, 2007 - 8:33 pm

    IMHO, 1% charge is only beneficial if and only if and just if you choose the right fund for your investment target and the fund perform.

  153. #173 by Dina on October 25, 2007 - 10:27 pm

    Hey Slyeo…good advice and very comprehensive. Thx a lot..appriciate it. Hope i’ll b making money as a 1st try in unit trust. Hy fren out there..pls give more advice so we can share more strategy and depth understanding..luv u guys.

  154. #174 by zul on October 26, 2007 - 10:21 am

    Hi all,
    Selamat hari raya.
    I just starting to invest in publicmutual. Any recomendation. Iam zero in this. Anybody can help.

  155. #175 by Wak Karto on October 26, 2007 - 10:23 pm

    Never invest in Public Mutual unless you have at least half a million. Yes, 500K. Read the fees! Otherwise you won’t be able to withdraw your money.
    It you start with 1K and top-up RM100 every month, I don’t know how long it will take you to reach 500k. And bear in mind of the service fee which means your RM100 is not really RM100 at all.
    Why 500K?
    Read the Annual Trustee Fee.
    Just check the PB Fixed Income Fund.
    Annual Trustee Fee
    0.035% per annum of NAV, subject to a minimum fee of RM18,000 and a maximum fee of RM300,000 per annum.
    Do the Math. Make the 0.035% into 100% and you got the minimum investment that you need before you can be subjected to the MINIMUM FEE. Otherwise, you cannot take out you money. It’s not even enough to cover the fee.

  156. #176 by Dina on October 26, 2007 - 10:37 pm

    Hy, thx for all your opinion. But i hv another concern. My fund initial investment is 2k.So after putting 2k, should i

    a)do monthly investment of rm100 OR

    b)accumulate until few thousand in savings first then only dump in the next lump sum for subsequent top up?

  157. #177 by Wak Karto on October 26, 2007 - 10:55 pm


    Never expect a windfall with 2K in mutual fund. The fees are too high. Better park it with PNB (ASB if you’re Bumi).
    It’s just not enough to cover the fees.

  158. #178 by Irwan on October 27, 2007 - 12:02 am

    Wak Karto,

    the Annual Trustee Fee is not paid by us, or at least not directly. It’s paid by Public Mutual manager to trustee like maybank or other financial institution.

    so other than 6.5% initial fee and 1.5% annual fee, there is no other fee that you should concern of

  159. #179 by Mohd Basir Ahmad on October 27, 2007 - 4:15 am

    Mr Wak Karto,

    If i may comment. The fees are not high. You may visit the FMUTM website to get an article on Myths in Unit Trust written by an asset management consultant to identify a few mis-conceptions among investors.

    The initial fee is quoted in term of percentage, bukan nominal, which simply means, whatever the amount is, it will be less if the amount is less, and more if the amount is more. So the term “too high”, does not hold water. One may want to read the above article to get some clear understanding.

    For instance, an investor Mohd Fadhli (tel: 012-9094503, who later wanted to be an agent and will sit for CUTE exam on 3/11/2007) invested RM2000 on 07/04/2005. On 24/10/2007, the amount became RM 3,201.68 which is a total return of 60.08 % . He also only ‘park’ the money without doing switchings when advised.

    Had he put it in ASB…? How much will he have if he want to cash out now ?

    Of course the rule of thumb is to diversify. Anyway, the fund itself is readily diversified through asset allocation and stocks selection to begin with, and there are three main categories of funds of which the selection depends on the investor’s investment objectives.

    Not going to work because one is afraid to isi minyak to go to work will eventually make one end-up in “opportunity loss”.

    Isi minyak to go to work is the better option.

    MBA 0173355733

  160. #180 by Mohd Basir Ahmad on October 27, 2007 - 5:23 am

    again mr wak karto on trustee fees that you commented above,

    You said “Why 500K? Read the Annual Trustee Fee.”

    It shudders upon me thinking how on earth that more than One Million of PM unitholders need at least 500K each before start investing. And some have started investing since 1981. Gullpp… And one penoreh getah from Tanah Merah invested 20K je awal tahun lepas dengan kawe punya agent there, now ada dekat 40K. (Pssstt… sapa ada kebun getah kaya woo la ni)

    PB fixed income fund is a bond fund, sold by the bank. Agents do not sell that, because PM ada arrays of bond funds to select from. And trustee fee has never being an issue coz it is ciput sangat compared to the fund size.

    NAV of that fund is about 243,000,000 ratusan juta tu… Trustee fee is paid by the bank. Ciput amount je. Kata lah you invest 10K, maka bukanlah say 18K trustee fee itu nak kena tolak dari 10K yang investor invest itu… it is from the Fund Total NAV… isshhhh…

    Again, i humbly would suggest Wak to go to FMUTM website and get the article “Busting Unit Trust Myth” written by Mr Daud Yunus, the Group Managing Director of Normandy Advisory Services Sdn. Bhd., a licensed Investment Advisor and Fund Manager. Kalau nak suruh saya e-mail pun boleh. Kalau nak minta kasi penerangan untuk berkongsi knowledge pun boleh la juga.

    Dalam agama pun kita dianjurkan bila belajar, kena berguru. Tak boleh baca sahaja. Kena ada proses tadarrus (discussion) supaya apa yang kita faham itu sahih, sarih, rajih berasaskan nas2 yang qat’i. Demikian juga bidang2 lain.

    MBA 0173355733.
    (fadhli dalam tulisan sebelum ini invested in PIEF)

  161. #181 by wak karto on October 27, 2007 - 8:22 am

    I’ve checked the FMUTM site. Yes, they mentioned about the trustee fee % but nothing was addressed about the RM18K PM is charging. I would like to hear from anyone who has invested less than RM500k and then decided to take his money back.
    Now PM is charging 0.0035% or minimum RM18K. Which one will I be charged if I were to sell it back.
    To Irwan.
    Firstly, hanks for the site.
    In PM, ‘Annual Trustee Fee’ falls under ‘Fees & Charges’, so these are all that we have to pay.
    To Mohd Basir.
    Thanks for the explanation.
    I’ve talked (blogged?) to a number of PM investors especially chinese businessmen. They don’t care about the trustee fee. Their investments are in the hundreds of K to millions.
    I agree with you that PM performance is great, so a 300K will quickly falls into 500K quickly.

    I’ll explain the 500k later

  162. #182 by wak karto on October 27, 2007 - 9:00 am

    I may be wrong. Correct me.

    I’m now reading the prospectus to understand all the fees & charges. I believe my 500k calculation is wrong. I need to understand everything first before I make wrong assumptions and misleading people.

  163. #183 by kkchow23 on October 27, 2007 - 2:01 pm

    Service charge of up to 6.5% of NAV per unit (equity and balanced) or 0.25% of NAV per unit (bond and money market) is applicable upon the purchase of units of the fund by investors [Initial Investment(II)]. (This include also during “Standing Instruction”(SI) / “Direct Debit Instruction”(DDI) / “Additional Investment” (AI).)

    As for other fees imposed are subjected to the annual operating expenses involved in running a fund. These expenses are deducted from the gross income of the fund.

    Based on this, what actually related to investors directly is service charge, while other fees are deducted from the gross income of the fund.

    For example, do check out:

    It really doesn’t matter how much we invested in a particular fund as management/trustee’s fee are calculated on percentage per annum of NAV and not on the investment made by investors.

    To find out more about Public Mutual unit trust or anything related, you can contact me.

  164. #184 by Mohd Basir Ahmad on October 27, 2007 - 4:14 pm

    Salam Wak,

    You wrote:
    “I’ve checked the FMUTM site. Yes, they mentioned about the trustee fee % but nothing was addressed about the RM18K PM is charging.”

    No. I beleive the above is where your are of improvement Iin understand unit trust) is. Sebenarnya, it is not “RM18K PM is charging” sebaab…it is not the PM who charge. It is the Trustee yang charge Unit Trust Management Companies (Contoh trustees ialah Amanah Raya., Maybank Trustee etc) itu. Atau dalam kata lain UTMC yang bayar Amanah Raya Berhad. Macam ni lah… katalah RM 18K, fund size is 243,000,000 (kecik ni). Maka RM18,000 (lapan belas ribu) bahagi RM243,000,000.00 (dua ratus empat puluh tiga Juta) bersamaan 0.0074% which is very very negligible.

    In conclusion, I would like to repeat:
    It really doesn’t matter how much we invested in a particular fund as management/trustee’s fee are calculated on percentage per annum of NAV and not on the investment made by investors.

    If you are holding the Master Prospectus, kindly refer to Section 2: “Introduction to Unit Trust Funds” first to understand the framework. It is beneficial to understand the jungle first before zooming on the trees.

    On your question “Which one will I be charged if I were to sell it back.”, the answer is : you will not be charged anything when you ‘sell it back’ (redeem). Dalam kata lain, tiada charge. Contohnya, you submit redemption form hari ini, maka kalau NAV you at closing hari ini ialah RM9,000.00 , maka cheque yang you akan dapat juga akan tercatat amaun sebanyak RM9,000.00 . Tiada charge lain.

    On your question “I would like to hear from anyone who has invested less than RM500k and then decided to take his money back.”. The answer is – there are so many of them to be heard from.

    Contohnya, A/C No 09065546-4 (PITT). On 27/05/2005 invested RM500.00 (lima ratus ringgit), pada 30/07/2005 NAV ialah RM787.88 (means Total Return = 58%) dan ia dijual pada hari itu, maka cek yang dikeluarkan ialah juga RM787.88 melalui cek PBB bernombor 504357 bertarikh 1 August 2007.

    Kindly call me kalau nak tengok cek itu yang i telah scanned. (Tak apa, saya sendiri punya. Saya ada 9 akaun)

    Kalau ada apa apa soalan, sila tanya lagi.

    Terimakasih & Wassalam.

  165. #185 by Mohd Basir Ahmad on October 27, 2007 - 4:17 pm

    correction, second para first sentence should read:
    “..No. I beleive the above is where your area of improvement is, to understand unit trust better.”

    MBA 0173355733

  166. #186 by Mohd Basir Ahmad on October 27, 2007 - 4:21 pm

    again correction (….sold on 30/07/2007):

    pada 30/07/2007 (30 July 2007) NAV ialah RM787.88 (means Total Return = 58%) dan ia dijual pada hari itu, maka cek yang dikeluarkan ialah juga RM787.88 melalui….

  167. #187 by Mohd Basir Ahmad on October 27, 2007 - 4:43 pm

    Sebagai kesimpulannya, one does not need to care pasal trustee fee irrespective whether he is a chinese, malay or indian businessman/woman, or irrespective of whatever amount invested.

    kalau nak do te maths pun, yang kita perlu tahu betul2 ialah the basis of investment:

    FW = PW (1 R) to the power of N,
    where FW: Future Worth, PW: Present Worth, R: Return, N: No of Years

    – it is an exponential equation.
    – all the three parameters will determine what will you have at end of investment period. Contoh Ali is 35 now, dia ada lagi 20 tahun (N)to prepare for retirement. Dia patut get better R and more PW to start with.
    – Now, where are the consistently better R and how you can get as much PW as you can ?


  168. #188 by Mohd Basir Ahmad on October 27, 2007 - 4:47 pm

    oucchhh.. dunno that tanda “plus” tak appear.

    should read FW = PW times (1 plus R) to the power of N

    USJ Taipan

  169. #189 by Nizam on October 28, 2007 - 12:29 am

    Hai Irwan and all,

    So many good stuffs and knowledge here. Thanks to Irwan, you’ve done a great job to the public and the awareness of this Mutual Fund as an alternative investment vehicle.

    I have one question to ask – One of my friend told me to hold investment as USD will drop further. Everybody is “edgy” now and petrol will reach US100 by end of Dec 2007.

    As our RM trade at 10 year high and our Local Stocks rally to new high of 1,398.35, just shy of 1,400 mark, investors’ public are cautious on when will the Bear take its turn…

    How do the above statement affect our unit trust industry, what are measures taken by our professional fund managers & how to response to such statement.

    Appreciate feedback from anybody.

    Irwan, MBA, kkchow, zuraini – your comment pls


  170. #190 by Zuraini on October 30, 2007 - 1:52 am

    1] Ok, Let’s talk about latest market situation in general.

    Beginning of this Oct until last week, most of world market had shown consolidation stage after strong rally since middle of Aug. At this point, investors were looking for next direction. 2 weeks ago, when investors were hit by so much of negative sentiments in US, world market set back. The following week, positive sentiments have been pushing the rally back on track.

    With current strong sentiments as describe below, what would you and your friend think now? And what do you think fund managers would do now?

    *Stocks on Bursa Malaysia opened on a stronger footing Monday in line with regional gains. The KL Composite Index added 13 points to close at 1,411.6, eclipsing last week’s all-time record high. This brings cumulative gains for the year to date to nearly 29%. (Daily Edge)

    *Malaysia launches 33.2 billion dollar development plan (Antara News)

    *Malaysia’s Sime Darby to win USD4.5 billion cable job: report (AFP via Yahoo! UK & Ireland Finance)

    *Stocks surged Friday in a broad-based rally, and some of that momentum spilled over to Monday, as investors continued to bet that the Fed will cut rates again. (

    *Stocks rallied Friday afternoon, bouncing back after two down days, after Microsoft’s upbeat earnings and guidance and Countrywide’s sanguine profit outlook helped distract investors from a plunging dollar and record oil prices. (

    *Property bulls drive HSI to fresh peak
    Hong Kong blue chips jumped nearly 4 per cent on Monday as shares in the city’s property developers hit fresh peaks on United States rate cut expectations, a day before the start of a … (South China Morning Post)

    *Banks boost mainland stocks 2.8pc
    Banks led the mainland’s key stock index nearly 3 per cent higher on Monday after several large lenders reported strong third-quarter earnings, and on hopes that authorities would soon … (South China Morning Post)

    *Nissan gains push Nikkei higher
    Japanese stocks rose on Monday, driven up by Nissan Motor, which posted surprisingly strong results, and bank shares jumped as investors (South China Morning Post)
    China Mobile leads rebound

    *Hong Kong stocks jumped on Tuesday, outpacing other rebounding Asian markets, as wireless carrier China Mobile led the blue chips up 3.5 per cent after it posted stronger-than-expected quarterly earnings…. (South China Morning Post)

    During rally, fund managers will follow the trend and when market consolidates they tend to wait and see. Yet when market down turn they will look for undervalued stocks to ensure future gain.

    2] The impact: [focusing on PM ISLAMIC FUNDS NAV movement]

    Consolidation period (1-22 Oct 07),

    Avg: 0.07%, 0.07%, 0.07%, 0.08%, 0.07%, 0.02%, -0.01%, 0.04%
    Ttl: 1.02%, 0.98%, 1.09%, 1.25%, 1.01%, 0.35%, -0.18%, 0.64%


    Rally (23-26 Oct 07),

    Avg: 0.74%, 0.86%, 0.88%, 0.43%, 0.72%, 0.81%, 0.93%, 0.53%
    Ttl: 2.95%, 3.44%, 3.51%, 1.73%, 2.88%, 3.23%, 3.74%, 2.12%

    3] What would be your response now(under FUND perspective) if you see return more than 3% in 4 days? Do you still want to wait and see?

    I hope the explanation and figures help.


  171. #191 by linko on October 30, 2007 - 8:05 am

    i would like to get some feedback from all the intelligent and honest people here on some suggestion on the following quizes.

    1 . let say the currently the market seems to be picking up and most people say the price of funds is already high. so should we wait till the price go down again like what happen in august/september 2007?

    2. the market is picking up again, if you have ASB account, should you withdraw some money and invest it to mutual fund? please be reminded that ASB might giving out dividend towards end of the year.

    3. we have several fund houses now like PM, AMbank, Hwang, Maaklmutual. is it advisable to diversify your fund into several places even though by performance, PM is ranking number 1? will you be able to monitor all the fund houses at one time?


  172. #192 by Wak Karto on October 30, 2007 - 3:52 pm

    To MBA, thanks for the lengthy explanation on the prospectus., and to Zu for the current market situation.
    I’ve replied on my study of the prosp. and it was in favour of PM. However, for some reasons, it was not allowed to be viewed.

  173. #193 by Wak Karto on October 30, 2007 - 4:01 pm

    To Linko.

    1. It’s OK to invest now but you have to constantly monitor it especially those that have no protection at all. Refer to 3.

    2. ASB, it depends on how much do you have there. EPF said that their dividend should be higher next year due to better economic performance this year. ASB should be higher as well.

    3. Some are capital-protected, some not. With protection, at least you’ll get back your initial deposit when it’s down trend. However return normally lower. Without protection, you have to monitor for downturn to sell, but return normally higher.

  174. #194 by johorian on November 1, 2007 - 11:28 pm

    hi all,

    I refer to S&P latest fund performance….PM not that good lar. SBB and MAAKL better.when i asked this to my agent they have a very nice script to say so and so….which not really favour me.i dont think they should confuse ppl with the NO1 advertisement…signboard.. its confusing us.. should somebody please report it to SC.

    I read some of analysis been wrote here, thank you very much but that actually doesnt help much..first, you are not the one who will decide the market direction.

    maybe you are the young generation who never felt the recession last time.. sorry…it hit us very dont simply expecting here and there..

    i still can prove that you can loose money even in the long run even with public mutual..

    honestly, i am not impressed with even 100% return in a year. previously with SBB. i believe ASB is better as it work compoundedly. some might say it is not islamic… so let it be

  175. #195 by shazli on November 4, 2007 - 1:05 am

    hi johorian,

    let the awards speak for fund performance. for now public is still no 1 in terms of nav as well as fund performance. when other utmc achieve 21 awards, then you can brag about that co. being better. so lets just wait till this year’s award ceremony before you can say sbb or maakl is better. i think that’s fair.

  176. #196 by Rosie on November 5, 2007 - 2:57 pm

    I’ve heard that 2 new fund will be launch 13-15nov. Public Islamic Sector Select Fund and Public Sector Select Fund. Both are aggressive fund. Is it good timing to invest now? Any idea? Tq

  177. #197 by echah on November 5, 2007 - 8:55 pm


    hi all….
    actually saya accidently jumpa blog ni bila try search psal public mutual. Ingat baru nak berjinak² joint unit trust, rupe-rupenya dah jauh ketinggalan kat blakang….
    Happy tgk mcm² info tapi still need verbal explaination maklum la blur sket…meaning kena gak cari agent utk explain…any recommendation on this?

  178. #198 by Nizam on November 5, 2007 - 9:41 pm

    Dear all,

    Need some info on the 2 new funds mentioned by Rosie. Fyi, I’ve received an email below:

    “”Come 13/11/07, Public Mutual will be launching 2 New funds (1 Islamic and the other conventional).

    Cash and EPF investors can invest in these small sized funds and expected to be fully subscribed in 2 to 3 days.

    At 25sen/unit, a special offer of lower service charge of 1.05% during offer period (normal SC is 6.50%).

    The funds invest in 3 to 6 Most Promising Sectors eg. Oil and Gas, Plantations, etc

    An almost similar fund, PRSEC, launched March 2006 has recorded a total return of 45% todate.””

    My questions are:

    1. I believe the above funds are the same as mentioned by Rosie – Public Islamic Sector Select Fund and Public Sector Select Fund. Can anybody confirm this?

    2. I never have an experience of buying fund during it launching date, how do we go about it for both:-
    2a. EPF scheme – Do we need to submit the forms before or on the launching date or we can wait for certain period of time to get the purchase price at RM0.25 and the service charge of 1.05% instead of normal charges up to 6.5%?
    2b. Cash Investment – same question as 2a above

    3. Is it true that the fund is expected to be fully subscribed in 2 to 3 days time? or this is selling tactic to encourage clients to buy as some investors tend to wait and see during this volatile market situation…

    Sifu/s out there, pls assist – saya budak baru belajar kalau salah tolong tunjukkan.


  179. #199 by shazli on November 6, 2007 - 10:36 pm

    hi nizam, rosie, echah,

    nizam, were you the one who asked about investment link products last time?

    anyway here is an interesting info about the 2 new funds, public sector select fund and puclic islamic sector select fund.

    both are indentical except one is conventional and one is islamic.

    this fund interestingly invest in sectors that is highly tipped to grow at this cycle of the economy. different sectors grow at a different rate at certain cyles of the economy.

    as this fund invest 100% locally, we look at the sectors that is going to prosper in the near future. with 4 corridors projects soon to be in the pipeline plus the IDR project in johor, the construction sector look set to blossom next year.

    CNBC reports that technology and healthcare are the sectors to look for at this point of market volatility. when other stocks fumbles these are the stocks that continue to show impressive growth.

    telecomunication and other areas in services sector are always in favour because of growing number of population and advances in technology. i mean who doesn’t have a hp nowdays?

    so this fund invest in these sectors. it may also invest in other sectors such as financial, agriculture, plantation, property etc..

    this fund’s objective is to invest in minimum 3 sectors and maximum of 6 sectors. it is an aggresive fund with up to 90% exposure in equity. fund size is only 400 million units which is equivalent to rm100 million. this time they will not increase the fund size. it will be sold out within 2-3 days judging from public mutual’s massive reputation.

    my advice is invest on the first day. which is on the 13th of this month. if you need more info or any assistance, email me at

    echah, you have a lot of investment options that u can consider when investing in unit trust. drop me a line and ask me anything u need to know about unit trust.

  180. #200 by Nizam on November 6, 2007 - 11:18 pm

    Dear Shazli,

    Thanks a lot on your explanation and advice, I am wondering how people can get so much information.

    Other forumer esp Zuraini, kkchow & “tuan tanah” Irwan, you guys are great!

    By the way, I was the one who asked about “distributions” in Understanding Mutual Fund


  181. #201 by shazli on November 7, 2007 - 12:46 am

    we are 1st class consultants that’s why. 🙂

  182. #202 by Zuraini on November 7, 2007 - 4:37 am

    Salam & Greeting,

    I’m not gonna lie to you all. When talk about rank, you judge on your own based on figures below. But when judge from trust, support, foundation, consistence and average return, as of today, I’ll stick to PM.

    As long as you guys are aware on potential return vs. risk on UT, private or non-private, and compare with other types of saving/investment plan, it’s good enough. But please, for muslims, do not take easy between “halal” and “haram”. That makes us differ from the others.

    If you have other info/analysis, please share with us. We really appreciate it.


    Fund; Period; Rank(/out of)

    Asset Alloc Islamic Neutral
    Public Islamic Balanced; 1 Year; 1/15
    HLG Dana Maarof; 3 Years; 1/10

    Asset Alloc MYR Defensive
    PRUasia Select Income; 1 Year; 1/6

    Asset Alloc MYR Neutral
    OSK-UOB Smart Balanced; 1 Year; 1/25
    Public B Balanced; 3 Years; 1/22
    Public B Balanced; 5 Years; 1/15

    Equity Asia Pacific ex Japan
    RHB Dividend Valued Equity; 1 Year; 1/5

    Equity Malaysia
    TA High Growth; 1 Year; 1/70
    Public B Growth; 3 Years; 1/57
    Public Equity; 5 Years; 1/48
    CMS Premier; 10 Years; 1/29

    Fixed Income Islamic
    PRUdana wafi; 1 Year; 1/11
    Public Islamic Bond; 3 Years; 1/7

    Fixed Income MYR
    HLG Bond; 1 Year; 1/29
    AmDynamic Bond; 3 Years; 1/21
    Public Bond; 5 Years; 1/9

    Sector – Islamic Syariah
    CMS Islamic; 1 Year; 1/34
    Public Ittikal; 3 Years; 1/25
    Public Ittikal; 5 Years; 1/15
    ASM Dana Al-Aiman; 10 Years; 1/7

    Smllr Companies Malaysia
    OSK-UOB Sm Cap Opp UT; 1 Year; 1/18
    Public SmallCap; 3 Years; 1/10
    PRUsmall-cap; 5 Years; 1/8

  183. #203 by Zuraini on November 7, 2007 - 4:43 am

  184. #204 by Rosie on November 7, 2007 - 1:05 pm

    Thanks Shazli and Zuraini. I’m newbie in this forum and UT. But I have a good feeling I’m making the right decision when come to UT with PM. Will invest in the new islamic fund.

  185. #205 by Daniel on November 8, 2007 - 1:04 pm

    I couldn’t understand some parts of this article s, but I guess I just need to check some more resources regarding this, because it sounds interesting.

  186. #206 by Ban Lee on November 8, 2007 - 4:17 pm


    There were some nice and interesting comments on mutual funds. Thanks.

    I have not much to share as I’m not an expert this field; but can only relate my own personal experience.

    I bought Public Savings Fund in mid 2001. Price then was about RM0.90. It dropped to less than RM0.60 after several months. The Malaysian stock market was down; and had only improved early this year, 2007.

    Even with the KLCI in low figures below 1200 points, there were dividends and units splits every year. My initial small investment of RM15,000 which is about 16,000 units has grew to about 33,000 units early this year. I cash out in April this year at about RM0.73 per
    unit which is a tidy sum of RM24,000.

    Its current price is about RM0.85. So if I had held it and sold it today, it would be RM28,000.

    Lately, I have bought the Public China Select Fund in several batches on different dates and was following it closely for the previous several months. Depending on the date it was bought, the gain was from 30% to 111%. The figures are annualised since the fund was only launched several months ago in June.

    If I had sold 40,400 units on Tuesday I would have gain RM1206.96 on the initial investment of RM10,000. – which is 30.17% if annualised.

    About one week ago on 30th Oct, it would have been about RM1400.00.

    Aside from the above PCSF, I have also purchased several of the newly launched funds the past several months and made 2 EPF withdrawals. The EPF withdrawals were mainly to top it to Mutual Gold status.

    Based on my own experience, my viewpoints are:

    – Mutual funds are not dissimilar to buying stocks. Should always buy low and sell high.

    So when is the best time to buy?

    Anytime when there’s excess money that is doing nothing.

    It sounds contradictory to buy low and sell high but the fact remains that it is a growing world and there’s still ample room for growth especially in the ASEAN region and north Asia – namely China.

    Just that if the timing is correct, the returns are higher than usual. If the timing is bad, the returns are smaller but it is still better than having money sitting around doing nothing.

    The catch phrase here is “excess money”. Never invest with any money that you suddenly have a need for – which leaves you no option but to cash out even at a lost.

    – Mutual funds are for long terms of at least 6 years. You are not gaining much if you buy then sell several months later. The only party to benefit would be the Mutual Funds as the cost of entry is high – at 6.5% of your investment as service charge.

    The sure fire method to gain is to hold it for a least 6 years to spread and average out the 6.5% to 1.0%.

    Thus if the returns are an average of 11% per year, the net gain would be about 9% after deducting the above service charge and also the annual management fee of 1.5%.

    If you cash out, then exit and never to return and invest again. Unless of course, if you can predict when the fund will drop more than 6.5% and when it will bounce back up. I think it will have to drop about 10% to make it worthwhile to sell if there is an intention to re-invest again later.

    Always remember the high cost of entry. In other words, multiple entries and exits are too expensive to adopt as a valid strategy.

    (Yes, I made a mistake in selling the Public Savings Fund and then purchased again another fund. The cost of service charge on the RM24000 reinvestment is about RM1,300.)

    – Mutual funds are for busy people who do not have time to react to the stock market. And who are not concern about it; since in the long run, the daily ups and downs will even and average out. There maybe long periods of downs; but eventually it would be up since the world market could only expand and grow when the world population keep increasing.

    For sure in the long run, it would be safe to deal directly in stocks too. But in stocks, unlike mutual funds, you would be betting on a limited number of corporations with your limited funds. Even with 99 good stocks, the remaining one bad stock could injure your entire investment. It will hurt deeply if you not tracking them daily and miss the opportunity to cut and stop the bleeding.

    That is not to say not to keep track of the stock market. What I meant is with mutual funds we don’t have to monitor each and every funds in each and everyday for the next 6 to 10 years.

    Only do it for the short period of several months during the time when we buy and many years later, another period of several months of monitoring when to sell.

    – One good thing about Public Mutual is their Mutual Gold membership when you invested more than RM100,000. This allow you to switch from one fund to another without any cost. When the stock market goes up, all funds would increase and likewise when the stock market goes down. The trick is to identify which will increase faster to maximise the gains and which will decrease lowest to minimise the losts.

    One question if anyone can help: What are the costs in switching funds if we are not Mutual Gold?

    – I have yet to meet a unit trust consultant who could really “helps”. There were several times I found it easier and more convenient to buy the units myself. Just fill in the form and hand it over the bank’s counter together with its cheque.

    Public Mutual Bhd and Public Bank should offer investors who buy directly in Public Bank a discount on the service charge on those forms with no consultant’s account number.

    – New funds have lower service charge of 5.45% during their launching period. It maybe an advantage to buy during the launch period; maybe not. I was lucky to miss the launching of PB Asean Dividend Fund and bought it 2 weeks later at a lower price.

    – It is very convenient to use TeleMutual to switch funds. Some funds performs better than others. I should try to review them every 3 months. I recently switched from PB Euro Pacific to PB Asean Dividend. I hope my comments could spur others in sharing and recommending which funds (in Public Mutual) to drop and switch.

  187. #207 by shazli on November 8, 2007 - 7:42 pm

    hi ban lee,

    i absolutely agree with your comment. invest what ever excess money you have. we are a developing nation and so are most of other asian countries. i have one mind blowing fact to share with everybody.

    if you had invested in public savings fund in 1981 when it was launched, your return now is a whopping 650%. rm100,000 investment at that time had appreciated to rm650,000. that’s even better than property investment!

    what i’m trying to say is, start investing now while we are still a developing nation. 20-30 years from now, we could experience the same growth and you will surely have a comfortable retirement. but one piece of advice..everyone must select the right fund company. i have seen people losing more than 50% of their capital because the fund had been poorly managed by the company. for me PM is the best because they have been in the industry for more than 30 years. they were incorporated in 1975. (previously known as kl mutual)

    keep up the good work ban lee. u seem like a smart investor. 🙂
    btw, switching for non mutual gold member cost rm25 for each switching.

  188. #208 by Mohd Basir Ahmad on November 9, 2007 - 3:00 am

    “, you are not the one who will decide the market direction.”

  189. #209 by Mohd Basir Ahmad on November 9, 2007 - 3:11 am

    alamak… the rest of my lengthy write up tak appear. dunno why. anyway, a very short one:

    “, you are not the one who will decide the market direction.”

  190. #210 by Mohd Basir Ahmad on November 9, 2007 - 3:13 am

    Yes we are also not the ones who’ll decide bila nak mati. But we’re told to plan. And planning is what we do. And we also decide. We decide based on informed decision.

  191. #211 by Ban Lee on November 9, 2007 - 9:23 pm

    Sep 18th, 2007 at 8:42 am

    Assalamualaikum and good morning to all forumer.I’m 24 years old from KB.I’ve just invested in Public Islamic Asia balanced Fund last Sunday with sum of RM 10700.I will top-up it later.

    Is it correct by join it when the unit price is low rather than when it is high.This fund is newly launched.

    I’m new in this forum and I’ve join Internet Based Investment before this.

    can you all give as many as you can the tips about the investment.

    A good question, Hakimie. Here’s my comment. Others pls feel free to correct if I’m wrong.

    Bonds and mutual funds are not the same as shares. Its price do not truly reflects how good it is. There are unit splits and dividends paid at the their financial year ends. The NAV (net asset value) or in simple term, its price will be adjusted to reflect the spilts and the re-invested dividends.

    Lets take a bond fund at today’s prices. PIBOND at RM0.9673 and PSBF at RM1.0606.

    PIBOND has a lower price than PSBF because PIBOND had recently had a distribution of 4 sens per unit and its price adjusted accordingly.

    What is important is its percentage of increment/decrement. If a fund has a consistent change of 20%, it does not matter whether you bought it at 25 sens or 50 sens.

    It would be incorrect for us to say that a new fund at 26sens is a better buy than Public Ittikal at RM1.193 if both has a same percentage of change.

    The only benefit as an investor in a new fund is that PM usually offers a lower service charge of 5.45% versus the normal 6.5% for an older fund.

  192. #212 by Ban Lee on November 9, 2007 - 9:32 pm

    By the way, talking of units splits and distributions at financial year years, it seems to me that the financial year of a fund is not stated in the Public Mutual website.

    And the name of the funds are not stated in full. Very bad.

    Their telemutual numbers are not stated too in the website to help those who call telemual for stock prices.

  193. #213 by Ban Lee on November 9, 2007 - 9:41 pm

    There a lots of comments from new visitors and agents as well.

    Lots of input from some agents.

    Maybe I missed it, but announcements like special service charges or promotions rates like 5.45% extended to China Select Fund in mid July would be most appreciated.

  194. #214 by Goldscanner on November 10, 2007 - 10:31 pm

    Unit Trust is not really good for long term investment. Make sure you set a target, take the profit as soon as you make the money. Don’t leave your investment there for years. If you invest with your EPF, you might find your returns no better than the EPF.

  195. #215 by shazli on November 11, 2007 - 12:50 pm

    dear ban lee,

    i think you should change your consultant as he is not updating you on those promotions. a lot of consultants sms their clients whenever there is a new fund launch or promotional service charge.


    get yourself a copy of public mutual’s quarterly fund review and look at the facts. and if you have time go to fundamental of unit trust investment class. unit trust is always for long term. u take profit when the unit price is at the high. but you have to keep it long term to earn free units through distributions and unit splits.

  196. #216 by Rosie on November 12, 2007 - 10:14 am

    What are actually the job scope of PB consultant? What quality should a good consultant should have. I’m not complaining of mine but just wondering.

  197. #217 by sign on November 12, 2007 - 10:39 am

    can i know, the minumum ages to invest in PB unit trust

  198. #218 by Pok Nick on November 13, 2007 - 12:38 am

    All.. I’m quite new in this PM investment. Found this forum forwarded by my friend. Very useful for a new starter like me. Currently I am working overseas with good income. Like many, future income for retirement and kid’s education are the target. I have divided my portfolio into 3 segments. 1/3 buying properties such as land, shop lots etc. 1/3 in agriculture base product such goat and fresh water fish breeding. The remaining 1/3 planned for PM investment. I just being introduce by my friend.

    If I were to invest constantly minimum about 10K monthly, what kind of funds are suitable and my target is for medium term (3 or more years).

    There is a thought of investing in offshore investment scheme. .but I am still less competent in this knowledge. Anyone have more input most welcome to answer.


  199. #219 by Mohd Basir Ahmad on November 13, 2007 - 1:19 am

    Demo can put in aggresive equity funds coupled with constant monitoring by the consultant for the right switching strategy.

    You can call me or ask your wives to call me to share views.

    Abe Basir
    UTC – PM

  200. #220 by Mohd Basir Ahmad on November 13, 2007 - 1:37 am

    Individuals above 18 years old from their last birthday and Non- individuals are eligible.
    An account can have a Jointholder who must also be above 18 years old. If the Jointholder is below 18 years old, the account is a Designated Account.
    Meaning, a minor below the age of 18 cannot invest as a First Holder. He/She must apply as a Designated Account Holder with a First Holder who must be 18 years old and above. So ibu/ayah dan anak keciknya boleh invest.

    Educate, Advise, Help & Assist, Monitor. Nak date di Restoran Hassan Awan Besar sila call, bawak laki sekali.

    Robert Kiyosaki said “you must keep on re-educating yourselves, and to get educated, you need to be humble first”. And i humbly invite you for the education sessions, free ones and paid ones.

    MBA 0173355733

  201. #221 by Zuraini on November 13, 2007 - 3:36 am

    Salam & Greeting,


    Date: KLCI: Transaction: Amount: Unit Price: Unit: Cumm Unit

    28/06/2005 895 Investment $10,000 $0.2500 40,000 40,000

    18/07/2005: 915: Investment: $10,000: $0.2500: 40,000: 80,000


  202. #222 by Zuraini on November 13, 2007 - 4:51 am

    Salam and Greeting,

    Pok Nick has a great plan for his retirement and kids saving ie properties, businesses, and “money makes money”. This should be an example for younger generation to follow. Diversify your portfolios and tolerate some risks and challenges in our life. I’ve seen some similarity with my retirement plan especially the agriculture part. Perhaps, we can share some of our experiences in fish breeding

    I’m pulling out some data for regular investment in UT based on input given by Pok Nick vs. real NAV/unit prices. I believe data can tell you whole story better than words. And I hope it’ll help you guys understand better towards regular investment in UT. Quote: “You gotta love numbers and people, than you’ll become prosper”.

    Enjoy reading the data!

    * This data has been tailored fitting the blog frame. If you wish to see overall picture of this data thru ADOBE(.pdf) format, just drop me an email. I’m glad to send to a copy.

    ** Also available, regular investment plan and result for ITTIKAL fund since launched back in 1997(10 YEARS),and PIDF for regular EPF investment for every quarter since launched 2006. Future investment planning based on expected annual return is readily available in excel spread sheet. Weekly report on overall Islamic fund performances is also available.

    Regular Investment of RM10,000 per month.
    Investment Porfolio as at 09 November, 2007

    Public Islamic Opportunity Fund
    (Type: Aggresive)

    Date: KLCI_Index: Transaction: Amount: Unit Price: Unit: Cumm Unit

    28/06/2005: 895: Investment: $10,000: $0.2500: 40,000: 40,000
    18/07/2005: 915: Investment: $10,000: $0.2500: 40,000: 80,000
    18/08/2005: 924: Investment: $10,000: $0.2510: 39,841: 119,841
    19/09/2005: 923: Investment: $10,000: $0.2522: 39,651: 159,492
    18/10/2005: 923: Investment: $10,000: $0.2542: 39,339: 198,831
    18/11/2005: 902: Investment: $10,000: $0.2528: 39,557: 238,388
    19/12/2005: 896: Investment: $10,000: $0.2522: 39,651: 278,039
    18/01/2006: 901: Investment: $10,000: $0.2558: 39,093: 317,132
    20/02/2006: 925: Investment: $10,000: $0.2596: 38,521: 355,653
    20/03/2006: 923: Investment: $10,000: $0.2637: 37,922: 393,575
    18/04/2006: 941: Investment: $10,000: $0.2690: 37,175: 430,749
    18/05/2006: 948: Investment: $10,000: $0.2754: 36,311: 467,060
    19/06/2006: 890: Investment: $10,000: $0.2637: 37,922: 504,982
    18/07/2006: 909: Investment: $10,000: $0.2700: 37,037: 542,019
    01/08/2006: 936: Dist @ 1.5: $7,646: $0.2441: 31,324: 573,343
    18/08/2006: 942: Investment: $10,000: $0.2627: 38,066: 611,410
    18/09/2006: 966: Investment: $10,000: $0.2645: 37,807: 649,217
    18/10/2006: 976: Investment: $10,000: $0.2678: 37,341: 686,558
    20/11/2006: 1034: Investment: $10,000: $0.2861: 34,953: 721,511
    18/12/2006: 1082: Investment: $10,000: $0.2859: 34,977: 756,488
    18/01/2007: 1148: Investment: $10,000: $0.3187: 31,377: 787,866
    18/02/2007: 1262: Investment: $10,000: $0.3580: 27,933: 815,799
    19/03/2007: 1192: Investment: $10,000: $0.3309: 30,221: 846,019
    18/04/2007: 1329: Investment: $10,000: $0.3613: 27,678: 873,697
    18/05/2007: 1357: Investment: $10,000: $0.3771: 26,518: 900,215
    18/06/2007: 1372: Investment: $10,000: $0.3966: 25,214: 925,429
    18/07/2007: 1369: Investment: $10,000: $0.3966: 23,675: 949,105
    01/08/2007: 1339: Dist @ 4.0: $37,465: $0.3657: 102,447: 1,051,552
    20/08/2007: 1243: Investment: $10,000: $0.3363: 27,921: 1,079,473
    18/09/2007: 1277: Investment: $10,000: $0.3478: 26,997: 1,106,470
    18/10/2007: 1376: Investment: $10,000: $0.3718: 25,255: 1,131,725

    Average cost/unit = RM 0.2562
    Net Asset value/unit = RM 0.3767

    Total Investment = RM 290,000
    Current Value (as of 09/11/2007) = RM 426,320
    Capital Appreciation = RM 136,320

    Return On Investment = 47%
    Annualised Growth = 29%
    KLCI Index = 1402

    – Service charges 6.5% on each transaction have been deducted based on NAV/unit.

    Prepared By: ZURAINI YUSOF | H/P: 012-283 8982 | Email:
    The information contained herein has been derived from sources believed to be reliable. No
    representation is given on and no liability or responsibility is assumed for the accuracy or
    completeness of this document.
    This document is provided to you for information purpose only.

    Wassalam. TQ

  203. #223 by Rosie on November 13, 2007 - 9:32 am

    I’m totally agree with Pok Nick and Zuraini in term of kids education, agriculture-business and properties. Although not as much but suitable for my budget. For those who want to invest don’t forget the new fund launch today till 15th Nov.

  204. #224 by marche on November 14, 2007 - 4:32 pm

    hi everyone,

    very terrific discussions here. when i gone through the explanation/comments from all of you, i feel i want to step in with an investment starting with the minimum amount. could anyone here distinguish the UT (Public Mutual) with UT (other banks, i.e CIMB. What kind of advantages/disadvantage of UT (Public Mutual)compare to others?

    anyone here agent in Kuantan?

    your reply is much appreciated.

  205. #225 by Pok Nick on November 15, 2007 - 4:18 am

    Many thank to Zuraini,Rosie and others,

    Your data seem impressive with more than 47% total return for only 3 years period. Will work on it. Good saving for
    kids books and pencils.

    My problem is I do not much time monitoring the trend. My target is just buying any new launch at discounted price of 25 cents. That all I can do. I don’t care it aggressive of medium. What I do is any newly launch I just grab 10K. Some time 2

    Anyway, the volatile open market seem to very attractive with high wave of up and down. Market will be up tomorrow with huge domestic speculation and petroleum uptrend. Vice- brave investor will swim along pick up at the lower price and sell at any 10% benchmark. This is like fishing in monsoon time, any fish drank and floating can be pickup easily for dinner. My suggestion is any related palm oil should not be think twice. This seems to be proven but require high risk. It you willing to hold while it sank, pick up and sell back when it float again.


  206. #226 by Rosie on November 15, 2007 - 9:10 am

    My target is to invest in new fund where the price is the lowest and wait till it reach let say 60%-100%. Then I would sell the fund and get all the money back..wait for the next fund launch and buy at the lowest price..and so on … Is this practical for I have limited excess money as I have many other commitment. Suggesstion or comment is most welcome. Tq all.

  207. #227 by Azam on November 15, 2007 - 11:01 am

    Currently investing in both CIMB Wealth (formerly SBB Mutual) and Public Mutual with ratio 30:70 respectively. Started in Dec 2002 with regular investment for every 3 months from EPF. As of yesterday I already achieved 46% gross return, the highest so far 57% on 1 Nov 2007.
    Initially I started with SBB, but they were not under performance in the year 2003. Then I started with Public Mutual in mid 2004, who happen to be my former office mate, now a full time Public Mutual UT agent. Currently is he is stationing in Cukai, Kemaman, but is servicing Cukai, Kuantan and KL. For those who is interested you can contact him at this number 019-9420000, En Bahrin Abd Aziz. Yesterday I met him as he is updating my portfolio.

  208. #228 by shazli on November 15, 2007 - 11:02 am

    hi rosie,

    personally i feel investing in a new fund is better than investing in a fund that has a higher NAV. however that does not mean all new funds will be better than the old ones. some funds take a long time to bring great returns. and if a balanced fund was launched, it wont generate better return than aggresive fund in an uptrend market. so look into the objective of the fund and in which market it focuses on. study the prospects and the potential of those market.

    i am very optimistic about the china market. 5 chinese companies are ranked in the top 10 companies in the world. they have a spectacular demographic data that signals a potentially huge growth. technology wise they are very advanced too. a lot of US big investors are now switching their investment towards china as they begin to dominate the world economy. not to mention, they are hosting the olympics soon
    so that will be an instant drive for the economy. petrochina and china mobile is in for a great year next year. fyi, petrochina is the largest company and the richest company in the world at the moment. and china mobile is the biggest telecomunication company in the world.

    i strongly recommends public china ittikal fund to those who want to achieve great returns..

  209. #229 by marche on November 15, 2007 - 5:08 pm

    thanks for your info Azam..

  210. #230 by Hasman on November 15, 2007 - 5:53 pm

    Just to share my experience in investing in UT with PM. I started investing in 1998 via EPF withdrawal with average yearly withdrawal of 20k. My total withdrawal is about 160k and the last withdrawal was in Dec 2005. As at today the value of my investment is RM363k.

    I don’t agree with Goldscanner.Obviously in my case, the return is more than what EPF could give us. UT is for long term investment and of course you have to choose the right company to manage your fund.

  211. #231 by zul on November 16, 2007 - 9:27 am

    I already started buying PIDF using my KWSP last month. Can i sell my ut in future or only can sell it untill my age 55th. Can anybody help me.
    PM is now lunching new Fund thi month. Is it the right time to buy it?

  212. #232 by shazli on November 16, 2007 - 11:41 am

    hi hasman and zul,

    congratulation hasman!. as a public mutual unit trust consultant, i am glad to see an investor doing the right thing with his epf investment. i think everyone should take hasman as a role model investor. epf investors must do dollar cost averaging and invest every quater over long term to see the rewards.

    zul, i think you should do the same. invest your epf money into pidf every 3-4 months for at least 10 years. no one can say exactly when is the right time to invest but i know for sure that for those who invest long term in public mutual, anytime is good time to buy.

    start accumulating units with your epf money now. to answer your question, no you can’t sell whatever you have invested with your epf money and redeem in cash because when you sell the money will be go straight back into epf. when you reach 50, you can withdraw the whole of your epf acc 2 and at 55 you can withdraw all. 🙂

  213. #233 by Roy on November 16, 2007 - 11:02 pm

    Salam sejahtera untuk semua,

    Minta tolong sesiapa yang boleh menjawab soalan di bawah:-

    Mengenai free units given through distributions.
    Contoh: Investor A melabur RM10K pada 1/7/2006 dan
    Investor B melabur RM10K pada 28/06/2007.
    PBGF financial year ended 30/06/2007.
    Adakah kedua-duanya akan dapat unit percuma yang
    Boleh terangkan/beritahu apakah yang patut investors tahu mengenai perkara diatas.
    Terima kasih.

  214. #234 by shazli on November 17, 2007 - 10:28 am

    hi roy,

    jawapannya ya. kedua-dua investor akan mendapat free units. selepas distribution dikeluarkan, NAV fund tersebut akan jatuh. jadi tidak ada bezanya bagi investor kedua jika masuk sebelum atau selepas distribution. investor yg pertama selalunya membeli pada harga NAV yg lebih rendah daripada harga beli investor kedua. jadi investor pertama selalunya akan mendapat profit yg lebih.

  215. #235 by Sophie on November 19, 2007 - 2:52 pm

    Hello everyone…I’m Sophie and i’m a unit trust consultant. I’m based in KL and if u r interested to invest,I’ll be more than happy to be your financial consultant.My tel number is 0172009682

  216. #236 by kulats on November 19, 2007 - 4:41 pm

    Hi all,
    Can someone describe the disadvantages of UTC ??

  217. #237 by Rosie on November 19, 2007 - 5:09 pm

    Is it true to my understanding that some fund price could/tend to drop lower than the lauch time price..especially this few month to come since the election just round the corner. In short.. can the price goes down lower than the launch time. If this true we could get a few extra unit by waiting for the right time (Only if we can know when the right time is..)

  218. #238 by shazli on November 19, 2007 - 9:14 pm

    hi rosie,

    yes it can. election got nothing to do with the market. in the previous 2 election, market movement was unreactive pre and post election. it is just rumours. look at the basic fundamentals like interest rate, inflation rate, global issues and crude oil price when it comes to investing. right now investors should watch out the health of the US economy and the lingering subprime mortage issue (global issues).

    i always let my clients know when the market is at a discount (meaning the NAV price is lower than the launch price). but during launching investor’s get free units or lower service charge which means free units also. so when you take the average cost per unit after including the free unit, you are buying at a discount allready. for those who buys at higher price, when market is at a discount..they should invest again to lower down their average cost per unit. but usually, investors do not have additional fund to invest when that happens.

    consultants must educate their clients on the strategy involved when investing in unit trust. investors on the other hand must have the willingness to learn and not complaining when their not making good returns.

  219. #239 by Pok Nick on November 19, 2007 - 10:19 pm

    Very high return. That all I can concluded. If I want to generate monthly income 15K at 3-4 years from now. How much that I have to invest now. I need for both cases; lump sum and monthly saving. Anyone have a spreadsheet/contact( email. Thanks

  220. #240 by shazli on November 19, 2007 - 10:38 pm

    hi pok nik,

    email me for a detailed planning using my software called fp advisor. or chat with me at yahoo or msn messenger. my id is mohammadshazli7

  221. #241 by mntaj on November 19, 2007 - 11:32 pm

    perhaps some idea to improve the quality service by the PM consultans, PM management can do evaluation practice to all the investors on how well the consultants treat the clients. this to ensure quality of consultants and how the quality provide the service to their clients. i have an experience where the consultants doesn’t actaully inform when the market is down and when it is suitable to switch. btw i am from kuching, sarawak. any1 can suggest good consultants in that area?

  222. #242 by yanna on November 20, 2007 - 1:37 pm

    hi everyone..
    i’m yanna and i’m a unit trust consultant (Public Mutual)
    i’m based in jb..
    anyone who interested to invest in Public Mutual..
    don’t hesitate to call me at 012-7057461..
    i would be glad to be ur consultant…

  223. #243 by tengzhi on November 20, 2007 - 3:38 pm

    hi mntaj,

    i m sad to hear u have met an unethical agent.
    for switching, we do not simply swicth because fund manager have the right to reject and application for switching.

    for market problem, current market are highly volatile. for this situation, we can best suggest that invest monthly with fixed amount

    hope u success

  224. #244 by Mohd Basir Ahmad on November 20, 2007 - 3:41 pm

    Anyone interested to be a Unit Trust Consultant, kindly gimme a call (or e-mail). Positive thinkers who are teachable/trainable are most welcomed.

    You can:
    – Continue Prof Diraja Ungku Aziz effort to increase R=0 (simpan bawah bantal) to higher R to beat inflation rate
    – Help adik-beradik and relatives to invest before they come to you asking to pinjam duit
    – Help friend (and companies) plan their finance
    – Help the society
    – Purify your niat, have peace of mind

    Mohd Basir Ahmad
    UTC/Agency Supervisor, Public Mutual Bhd

    • #245 by missy on April 13, 2010 - 3:03 pm

      how to be an agent? i mean part time agent.. kindda interested to be one.. and how does it works? and r u from klang valley area?

      • #246 by basir on April 15, 2010 - 8:59 am

        pls see me. i’ll explain in details. kindly call me at 017-3355733 for appointment. yes i’m in Klang Valley, but my agents are all over the place including in perlis, kota kinabalu, miri and KB.

        mba. agency mgr

  225. #247 by Mohd Basir Ahmad on November 20, 2007 - 3:46 pm

    mntaj, customer/agent evaluation is done through feedback system and solicitation which are periodical.

    Zul, your investment under epf members investment scheme is considered a joint-investment, and when you pencen, epf akan melupuskan dia punya pegangan dalam that fund and the money will all be totaly yours.

    Basir, UTC, PM

  226. #248 by lily on November 22, 2007 - 12:20 pm

    I just want to know what is the upfront profit? Can u explain more detail about this? Actually i still searching the information before make any investment. Can u help me on this?

  227. #249 by wan on November 22, 2007 - 12:34 pm

    Hi everybody….

    I just want to share something..actually not only Public Mutual funds performs. I already make profit in investing in CIMB WEALTH ADVISORS funds. That one is islamic fund called Dana al ihsan and its have a good track record. My consultant at Public Mutual no longer as agent than i just try to invest in CIMB and i am very happy about the return and services. if u all want to know more detail about CIMB uts just email to her at I believe u will be happy about the explanation and service.

  228. #250 by ahiaw on November 23, 2007 - 9:04 am

    i nak tanya, i ada pidf dan piof. kalau i switch piof ke pidf sahaja boleh x?

  229. #251 by teng_zhi on November 23, 2007 - 5:27 pm


    boleh switch. tapi perlu isi borang dan tentukan samada pemegang-pemegang akaun bagi kedua-dua akaun adalah sama atau tidak.

    Setahu saya, pemegang-pemegang akaun perlulah orang yang sama.

    dan kalau fund fund itu masih terbuka ya.

    semoga berjaya

  230. #252 by Ban Lee on November 23, 2007 - 11:33 pm

    Nov 19th, 2007 at 5:09 pm

    Is it true to my understanding that some fund price could/tend to drop lower than the lauch time price..especially this few month to come since the election just round the corner. In short.. can the price goes down lower than the launch time. If this true we could get a few extra unit by waiting for the right time (Only if we can know when the right time is..)

    If you take a look at yesterday’s closing (23 Nov 2007), several funds are below their launch price of 25 sens.
    PSCF (China Select) at 0.2488
    PBEPEF (PB Euro Pacific Equity) at 0.2318
    PBIASSF (PB Islamic Asia Strategy Sector) at 0.2335
    PSEASF (S.E.A. Select) at 0.2382.

    Most of them new funds launch in September and October at peak levels of the stock markets.

    They are aggressive equities funds with at least 75% in stocks.

    The less aggressive funds in the Public Mutual have the word “Dividends” in the name of the fund. They are a combination of 40 to 60% in stocks and bonds.

    The “dividends” funds tend not to drop as bad as the “equities” fund in adverse market situation since the fund manager will switch a higher percentage into bonds.

    Yes, how nice to know in which direct the market would goes! This is tough especially since you have to buy or sell today and the closing prices are only known the next day.

    Market at the moment is dropping and volatile.

    So a word of advice is to hold on first for several days or a couple of weeks for the market to be stable a bit. What’s the rush if your investment is for mid to long term of 4 to 10 years!!!

    Another option to do at the moment is to buy into a bond fund. This will establish a contact with an agent/consultant. There’s a bit of paperwork to fill in for a first timer.

    Agents/consultants are reluctant to sell bonds because the service charge is miniscule.

  231. #253 by Ban Lee on November 24, 2007 - 12:07 am

    Nov 15th, 2007 at 5:53 pm

    Just to share my experience in investing in UT with PM. I started investing in 1998 via EPF withdrawal with average yearly withdrawal of 20k. My total withdrawal is about 160k and the last withdrawal was in Dec 2005. As at today the value of my investment is RM363k.

    I don’t agree with Goldscanner.Obviously in my case, the return is more than what EPF could give us. UT is for long term investment and of course you have to choose the right company to manage your fund.


    Thank you for your positive comment and in sharing your experience.

    Last month, I was having positive returns after buying some funds from about 6 months ago. At the moment it is negative. I would loose if I were in for the short term of several months and sell now.

    It is important to understand that UT is for the long term.

    It is also important to understand that there are 3 types of funds in Public Mutual – bonds, dividends and equities. How much to allocate to each type would depends on how aggressive is your risk taking and the underlying reason of investment and how long is the investment.

  232. #254 by wan rushdi on November 24, 2007 - 12:20 am

    Hello all,

    I am one of the active CIMB WEALTH ADVISOR consultant in Kelantan And Terengganu. Those who are interested to invest, do contact me at

    you may also email me at

    Dana AL-IHSAN 2 from cimb wealth advisor is one of the best fund in malaysia fund unit trust. return Dana AL-IHSAN 2 for 1years return for historic perfomance 40.39%. So,thats good for investor to invest…

    Good Luck.

  233. #255 by Ban Lee on November 24, 2007 - 12:37 am

    Nov 11th, 2007 at 12:50 pm

    dear ban lee,

    i think you should change your consultant as he is not updating you on those promotions. a lot of consultants sms their clients whenever there is a new fund launch or promotional service charge.

    How about some postings here in this forum when there’s any promotional service charge less than the usual 6.5%?

    Or is it only hard sell and no free advise!!!

    I think I should change “consultant” too, but at the moment I’m trying to learn as much as I can from this forum; and not leaving it to someone else to decide how to invest.

  234. #256 by Ban Lee on November 24, 2007 - 1:28 pm

    Nov 15th, 2007 at 9:10 am

    My target is to invest in new fund where the price is the lowest and wait till it reach let say 60%-100%. Then I would sell the fund and get all the money back..wait for the next fund launch and buy at the lowest price..and so on … Is this practical for I have limited excess money as I have many other commitment. Suggesstion or comment is most welcome. Tq all.

    Hope you have read my previous comment on multiply entries and exits.

    1 The cost of entry is high at 5.45% on service charge which is the usual promotion charge on a new fund with Public Mutual. It would be cheaper to buy and sell stocks.

    2. The main objective of “financial freedom” is long term savings for a specific reason. If the fund has increase very fast in short term of several months, we tend not to sell it as we hope it will increase further in the long term.

    3. Just to emphasize again, lest we forget the main objective. We are planning long term savings for retirement or some other purpose like college fees for our children. Better to begin savings now when we are young before we reach retirement age or when our children are still in kindergarten before they reach upper secondary.

    4. The best vehicle for savings for the long term is unit trusts. And you can invest as low as RM1000 in Public Mutual.

    5. If you agree that your savings are for the long term, you will agree that continuous buying and selling could be costly in the long run or at best it will average out as it is most likely that on the average there will be a mixture of positive and negative returns if we repeatedly buy and sell.

  235. #257 by Irwan on November 24, 2007 - 2:31 pm

    it’s great to see how deep the discussion has been going on here. I’m sorry that I can’t respond to some of the questions extended to me. Fortunately there are many helpful agents here whose knowledge and position are better than me to answer those questions.

    I feel embarrassed not to be able to present a more organized platform for discussion other than this single comment page. I hope all of you(especially newcomers) doesn’t mind to browse through hundreds of comments in this page.

    Happy discussing.


  236. #258 by ahiaw on November 24, 2007 - 5:34 pm

    terima kasih banyak2 teng_zhi dan semua yang ada di forum ini.

  237. #259 by tengzhi on November 24, 2007 - 8:14 pm

    it is ok…just take it an opinion from fren la

  238. #260 by Rosie on November 26, 2007 - 10:59 am

    Thanks Ban Lee for your tips and valuable information. But I need time to digest all this infos..haha..I’m a slow learner. But this does not mean to leave the money sit in one fund forever right..there must be a sign to switch fund or sign to regain back the money…The big question is ..when do I need to do that? (apart from retirement plan and kids education) Sorry if I keep asking the same question (or so)..

  239. #261 by Ban Lee on November 26, 2007 - 11:53 am

    Am happy to share my 2 sens opinion. This is one good thing about internet where we could hear all sorts of things and judge for ourselves what to follow and what to discard – opinions I meant, not just funds.

    Hasman’s plan of consistently and regularly buying funds in small amount is proven.

    As to the timing, there’s amount of leg work involve in reading forums like this and also other website like CNBC, Public Mutual, and newspapers – Star has a good business section – etc, etc, to form a complete picture.

    Public China Select fund has dropped sharply. On HINDSIGHT, I should have switch or even sold it at the end of October. Since than it had dropped more than 10% from about 28 sens to less than 25 sens. Its NAV during its launching period was 24.75 sens.

    In mid August, it had reached a bottom of about 21 sens.

    After missing the switching out in end Oct., should I switch some other funds to it today? It is really tough to know what it is the right choice. This is also the reason why some agents/consultants are reluctant to give specific guide and the investor might blame them if the market direction suddenly goes the other way.

    So you can see the tendency to have a portfolio of various funds and just leave them as they are till the investment period is up.

    But having said all of above, I hope there could be some sharing of opinions on which funds to watch – after all PM has more than 50 funds altogether in the Public series and PB series.

    One of the best funds in PB series is the PB ASEAN Dividend Fund. It is outperforming PCSF at the moment.

    (This is another reason why I would like to hear from various sources as I like to invest in the best of both series, whereby a consultant usually represent and sell either Public or PB series only.)

  240. #262 by julia on November 26, 2007 - 10:08 pm

    Hi…i just want to share something…actually invest in unit trust is very good. U will got higher return in future. I do my first investment in CIMB Wealth Advisors on 6 Sept last year for Dana Al Ihsan and got almost 40% returns. Unbelievable but its true. Cimb wealth advisors is the largest islamic funds provider in the world. Trust me…its based on fact. Ok happy investing.

  241. #263 by shazli on November 27, 2007 - 4:25 pm

    hi everyone,

    you want to hear facts, hear it is. this news just came out recently. some people tends to say things without doing their own research.


    Public Bank’s wholly-owned subsidiary, Public Mutual won the Most Outstanding Islamic Fund Manager award at the recent KLIFF (Kuala Lumpur Islamic Finance Forum) Islamic Finance Awards 2007 ceremony organised by The Centre for Research and Training (CERT) together with the host, Halal Industry Development Corporation (HDC), and in collaboration with Dow Jones Islamic Market Indexes (DJIM), the International Institute of Islamic Finance (IIIF) and Messrs Hisham, Sobri & Kadir (HSK).
    The award was presented by Y.B Tan Sri Nor Mohamed Yakcop, Minister of Finance II to Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow during the award presentation ceremony which was held on 20 November 2007 at the Nikko Hotel Kuala Lumpur. The objective of the awards is to honor and appreciate efforts of the institutions and organizations that have given significant contribution in developing the industry.

    Tan Sri Dato’ Sri Dr. Teh Hong Piow said that he is very proud that Public Mutual won the Most Outstanding Islamic Fund Manager at the recent KLIFF. “Winning this award not only reinforces our leadership position in the industry but also affirms our commitment to excellence. This achievement is a testimony of Public Mutual’s collective dedication and commitment to continuously deliver value to our investors,” he said.

    Over the years, Islamic fund industry in Malaysia has grown rapidly and remains highly competitive. From 2001 to 31 October 2007, Public Mutual Islamic funds’ total net asset value has grown by 2500% from RM0.3 billion in 2001 to RM7.9 billion as at end October 2007; while the industry’s Islamic funds total net asset value grew by 615% from RM2.0 billion to RM14.3 billion over the same period. Public Mutual is the leader in the private Islamic fund industry with a market share of more than 55% as at end October 2007.

    Public Mutual is the largest private unit trust company in Malaysia as well as the most awarded, raking in a total of 100 major awards since 1999. The Most Outstanding Islamic Fund Manager Award represents the 101st award won by Public Mutual Berhad. The company is also the most awarded Islamic unit trust fund manager in Malaysia, winning a total of 27 Islamic Fund Awards. This includes the “Best Fund Manager in Asia 2006” awarded by Failaka Advisors, Dubai, a recognized leader in the field of Islamic fund research.

    Public Mutual currently manages 54 funds for more than 1,350,000 accountholders. As at 31 October 2007, the total net asset value of the funds managed by the company was RM26.7 billion.

    Your investment consultant,

    Shazli Azlan,
    LVG Consultants
    Public Mutual Berhad
    Damansara Perdana
    Agent Code: 10073155
    H/P: 016-2336440

    “Action Makes Us Financially Free”

  242. #264 by shazli on November 27, 2007 - 4:26 pm

    correction: *here it is..

  243. #265 by izwa on November 28, 2007 - 2:54 pm

    salam..baru – baru ni ada funds yg baru release dan sy rasa ini masa terbaik utk invest sebab harga masih rendah. tp sy xpasti unit trust mana yg sesuai . bleh explain advantages n disadvantages funds CMS Islamic Money Market Fund, PB China Ittikal fund, ING BAraka Capital PRotected.

  244. #266 by Lochoe on November 29, 2007 - 1:59 am

    Julia, you said:

    “Cimb wealth advisors is the largest islamic funds provider in the world. Trust me…its based on fact.”

    What’s the basis of this? What facts are you talking about? Please substantiate your comments.

  245. #267 by Lochoe on November 29, 2007 - 2:08 am


    Money market funds are usually either for :

    1) Corporate placements as an alternative to repo and FD
    2) Temporary parking facility, like taking shelter in a volatile market

    Public China Ittikal Fund is the first syariah compliant unit trust fund investing in greater China. Go for this fund if you have extremely huge appetite for risk, given the fundamentals of the China market. Otherwise, steer clear.

    ING Baraka Fund – Capital Protected…NOT Capital Guaranteed :). Anyway, do not expect fantstic returns for investments in capital protected/guaranteed funds. Why? About 80% of the NAV are locked in zero coupon bonds (otherwise how would they be able to “protect” your capital at maturity?), 5% cash and that leaves 15% for equities. So…go figure….

  246. #268 by K. Redzham on November 29, 2007 - 2:14 am


    You blow my mind IRWAN…so many people (including consultant) are responding to this topic. Amazing!! Great place to share the info:)

    Ermmm…nak jawab komen sikit…yang IZWA punya statement n soalan…dalam unit trust…bila-bila sahaja adalah masa yang terbaik untuk melabur…you cannot define the highest unit price for the particular fund…this is not investing in stock market…why?

    Salah satu sebabnya adalah kerana unit trust bukanlah suatu pelaburan jangka masa singkat…ianya lebih kepada medium to longterm investment period (3-5 years)…so within this period, there will be a correction depending on the fund manager’s decision…n so far base on history after the correction has been made, the unit price for that fund will be decrease…at the end of the day you as investor will gain more units for that particular fund…n again the unit price will be going up from time to time…so of course you still at the peak…this is one of the right strategy to invest in unit trust..

    So bagi soalan advantage n disadvantage for the fund mentioned…i cannot answer you bcoz i am not PM advisor… I am from CIMB Wealth Advisors…however satu tip yang boleh dipakai dalam menilai sesebuah dana itu adalah you as investor perlu identify dulu apa you punya sasaran pelaburan dan tahap risiko yang you willing to take..

    Walaupun bagaimanapun kami di CIMB Wealth Advisors juga mempunyai dana2 yang berprestasi tinggi (islamic n conventional)…malah salah satu dana kami al-Ihsan 2 are performing very well this year (seperti yang dikatakan oleh Bro. Wan diatas)…

    Interested to have details on our funds, simply drop me an email at or call 019-3885422 for consultation arrangement (Klang Valley).

  247. #269 by Mohd Basir Ahmad on November 29, 2007 - 9:35 am

    izwa et al,

    the funds yg you tanya itu semuanya makhluk jenis yang berlainan. jadi tak boleh nak buat apple to apple coparison. UT ni ada 3 jenis funds yg utama:

    a) Equity Funds (yg ni boleh pula dipecahkan lagi into income/dividend funds, location – asia?global?ASEAN?, atau select funds – industry select?country select?) ,

    b) Balanced (kira2 50:50 equities/bond), dan

    c) Fixed Income Securities / Money Market Fund.

    Masing2 ada guna nya. Money market funds or bond (for temporary placement, or lock gains, or as safe haven), bonds lagi baik dari FD dan comparable to ASB.

    Pemilihan fund bergantung pada tujuan investment. Kalau nak money grow, letak la banyak dalam equities. dan different funds act differently at different time.

    kalau siren sub-prime atau ada major downward movement in the portfolio that a particular fund invest, maka lock lah the gain by switching into bonds or MM. Call UTC, tanya kabau.

    Yg penting asas kenapa kita invest kena faham betul2. Contohnya tahun depan according to MIER, harga minyak naik 30 sen. What is the significance of this ? Maknanya kalau your money in the previous year yg you set aside untuk budget minyak kereta grow less than 15%, the money that you kept can buy less volume of petrol. Dalam kata lain, the value of money actually shrinks.

    Satu lagi, in UT investment punya akidah, price is not important. Berapa unit you ada pun tak penting. Yg lebih important is how the underlying asset perform. 10 keping syiling seposen, dua keping (unit) duit limaposen, dan sekeping duit seghinggit semua nya adalah sama. Yang penting ialah lagumana duit seringgits2 itu mengalami Asset Allocation dan Stock Selection (atau placement, samada AAA bond atau A bonds).

    Dan pula, bila ada Distributions, bilangan unit bertambah, harga seunit diturunkan, NAV tiada berubah akibat distributon. Macam your cake, you potong satu slice, dan letak balik. It is the same 1kg choccolate cake. You tak gain apa-apa value, yg perlu ingat ialah, NAV = no of units x unit price.

    Satu lagi yg kena tengok ialah consistency of return. During market upheaval atau superbull run macam 96/97, even “Turtle can Fly”.

    Mohd Basir Ahmad
    UTC, Public Mutual

  248. #270 by pesona on November 29, 2007 - 3:33 pm

    I agree that Unit Trust investment is a mid to longterm investment. Through my experient in investing with Unit Trust just leave your money
    with few fund to 3yr – 5yrs then you will see yr money grow. My advise don’t do much switching because you can’t predict the market.

    My experient last two days my friend I went to CIMB wealth Advisor to redeem our Unit Trust back to KWSP. For me for 7yrs with High Growth Fund since 2000 initial capital RM4902 I make my total redemtions RM10,700 roughly 15% per annum.

    With my friend case with a Initial Capital of RM80,000 withdrawing from
    KWSP since year 2000 and his fund was doing so many switching. So his total redemptions up to 28/11/2007 was only RM90,000.

    MY advise buy more fund and don’t do switching if not critical. Just keep the money longer in each of the fund for longer period.

  249. #271 by Mohd Basir Ahmad on November 29, 2007 - 5:03 pm

    FW = 10,700, PW = 4,902, N = 7 years, maka R which is annualised return is about 11% per annum, bukan 15%. Pls note the differences between simple return, total return and annual return.

    The right switching is done to lock gains, atau rebalance the portfolio. The problem with some companies is that they have so many underperforming funds, so bila satu tak perform, switch to other equity funds yg tak perform juga. One time tu i menyamar jadi client, this one funny UTC, told me that the relation between bond and equity funds is that one is reversibly prop to the other (dalam kata lain, bila equity jatuh, bond naik vice versa) which is absolutely wrong. Mana dia belajar tah. So i tarbiah dia balik. Then he tried selling me ubat-kuat-untuk-lelaki instead.

    Returning the money to EPF is not a good idea as it defeats the purpose of moving an investment into a 5% return regime into a higher return investment in order to get a higher FW. Moving it into bonds is a better option. Furthermore it will take quite sometime for the money to be returned back into EPF (lower R), and for the same money to be taken out again into UT (higher R) will take years.

    Some unethical UT consultants originating from some companies advice their clients to do this (masuk-keluar EPF) so that the Account 1 will become fat again, from the same money more withdrawals can be made in higher amounts which translates into higher commission for the agent (same money is charged berulangkali). Yang ruginya adalah investors. Bila kita tanya depa, apasal bikin itu macam, selamba je depa jawab “nak business takleh jujur sangat”.

    Macam macam.

    Basir, UTC, PM

  250. #272 by bahrullah on December 3, 2007 - 5:38 pm


    bagi seorang pelabur yang baru berminat dalam unit trust dan di luar sana terdapat pelbagai agen yang mempunyai banyak strategi yang pelbagai untk menarik minat pelabur baru. apakah tips yang baik bagi pelabur baru agar dapat memperoleh agen yang benar-benar cukup dengan penyelidikan dan pengetahuan. adakah terdapat soalan-soalan yang tertentu yang boleh membezakan ini ejen yang berpengetahuan atau tidak. atau ada cara lain? terima kasih..

  251. #273 by Queen Control on December 4, 2007 - 12:49 am


    Agen agen ni kebanyakkannya bukannya boleh pakai sangat pon. Kenapa? Setakat kelulusan SPM gred 3 pon dah boleh jadik agen unit trust.

    Percayalah, sejak kebelakangan ni terlalu ramai orang yang dari macam macam latar belakang tiba tiba jadi agen unit trust. Dan dengan pengetahuan yang seciput dan pengalaman beberapa bulan, dah mula nak jadi “financial planner”, “investment advisor” dsb. Rata rata nak bagi pelbagai teori, padahal sendiri pon tak pernah melabur.

    Nasihat saya, dapatkan nama penuh agen itu, dan masuk ke laman, klik di UTC verification. Dari sana kita boleh dapat tau berapa lama agen tu dah berkecimpung di dalam bidang ini, barulah kesahihannya sebagai “pakar” boleh di terima pakai ~ AWAS! Kadang kadang agen dah 10 tahun pon tak semestinya bagus.

  252. #274 by Queen Control on December 4, 2007 - 12:59 am

    Contoh :

    FMUTM No : 009-0-10995
    Member Since : 14 Feb 2003
    Expiry Date : 31 Jan 2008
    PDUT Status : Active

    FMUTM No : 009-0-34836
    Member Since : 16 Apr 2007
    Expiry Date : 31 Mar 2008
    PDUT Status : Active

    FMUTM No : 009-0-37385
    Member Since : 22 Jun 2007
    Expiry Date : 31 May 2008
    PDUT Status : Active

    FMUTM No : 009-0-24525
    Member Since : 15 Nov 2005
    Expiry Date : 31 Oct 2008
    PDUT Status : Active

    FMUTM No : 009-0-29886
    Member Since : 15 Aug 2006
    Expiry Date : 31 Jul 2008
    PDUT Status : Active

  253. #275 by Mohd Basir Ahmad on December 4, 2007 - 7:59 am


    rajin hang… psst… publish sekali my maybank account no 114011449861. hi hi..

    anyway, one of the familiar reason people sign up is “aku tak tahan la dgh kemengkalan buah nangka dia, harum perfume dia pperrgghh.. aku sign je laa”

    on the above xbb High Growth fund from cimb, reference to latest valid Master Prospectus have this info:

    total return (growth) for financial year ended 31 october (2006):
    – one year: 8.96%
    – three years: 4.8%
    – five years: 10.31%
    – since inception 28/9/1995 – 31/10/2006: 5.94%

    doesn’t beat inflation rate in itself. tu belum factor in initial charge lagi tu. the above fund kalu hangpa tak monitor, kalu buy&hold je, sakit… sakit…

    and again kalu based on one year performance during bull-run, even turtle can fly.

    abe basir

  254. #276 by farizal on December 4, 2007 - 11:35 am


    very nice blog..

    mmg terbukti unit trust can give u profit.
    “Cara mudah menambah keuntungan”

  255. #277 by shazli on December 4, 2007 - 11:46 am

    hi queen control,

    how do u manage to get my fmutm details? perhaps through my agent code?
    rajin jugak u ni..:) are you an agent also?

  256. #278 by bahrullah on December 4, 2007 - 4:31 pm


    saya sentiasa mengikuti perkembangan blog ini dan sememangnya sangat banyak maklumat dan tips berharga untuk pelabur dan agen yang dapat diperoleh dari blog ini. syabas!..
    cik queen control
    fmutm adalah sebuah pertubuhan yang profesional dan syarat minimum yang diadakan iaitu sekurang2nya gred 3 dalam spm pasti ada alasannya. itu cuma syarat minimum. keputusan peperiksaan yang kuranG baik dalam spm bukan penentu terhadap kejayaan bagi seorang agen. mereka pernah kecewa dan kali ini pasti berusaha untuk menjadi yang terbaik!. terdapat juga orang yang mempunyai keputusan yang sangat baik LAGI TIDAK BOLEH DIPAKAI PON.

  257. #279 by sconey on December 4, 2007 - 9:17 pm

    hi guys..just nak tanya sikit boleh?
    labur dalam TH vs ASB,mana bagus,sbb saya tak nak take the risk investing in commercial unit trust.lagipun,tak yah pening2 nak pk pasal investment.biaq sikit tapi hati senang.
    so back to my q – pls thanks.

  258. #280 by K.Redzham on December 5, 2007 - 12:41 am

    Hi Sconey…

    To answer your question is of course ASB is much better compare to TH…TAPI berbalik kepada kedua2 source investment tadi;

    1) TH –

    Bukan la satu medium pelaburan kerana hasil yang you perolehi adalah bertujuan untuk mengumpul dana bagi tujuan yang satu iaitu mengerjakan haji. Ramai yang salah tafsir disini.

    2) ASB –

    Juga merupakan sebuah dana unit amanah (Unit Trust) and it is a commercial investment scheme otherwise it will not be published and sell to public. Cuma yang membezakannya ianya diuruskan oleh badan yang bertanggungjawab sepenuhnya kepada kerajaan.

    Pelaburan unit trust tidak memerlukan pelaburnya pening2 kepala sgt kerana itulah adanya adviser/consultant. Selagi you ikut rentak and paham konsep pelaburannya yang lebih ke arah medium to long term investment vehicle then I believe you will be profiting from it.

    Kalu investing dalam unit trust pun nak pening kepala then rather invest directly in market share. Remember again unit trust have flexibilities in term of its portfolio (diversification) investment..

    If you need personal consultation on this issue then I am ready to meet you….

    Wish all the best,

    Khairil Redzham
    Unit Trust Advisor
    CIMB Wealth Advisers Berhad
    HP: 019 – 3885422

  259. #281 by Queen Control on December 5, 2007 - 2:06 am


    Anda bertanya macam mana nak cari agen berpengetahuan dan membuat penyelidikan. Jawapan saya menjurus kepada soalan anda, dan tidak sekali kali menghina sesiapa yang mendapat angkat 3 dalam SPM mahupun menjuruskan kejayaan seseorang agen kepada kejayaan atau kegagalan sejajar dengan tahap pendidikannya.

    Maaflah sekiranya anda terasa dan makan hati.

    Apa yang saya ingin tekankan ialah terlalu mudah untuk seseorang menjadi agen. Berjaya atau tidak memang bukan menjadi persoalan, kerana itu adalah usaha seseorang untuk mencari lebih ramai pelabur. Namun, bebalik pada soalan ANDA yang asal; apa yang anda tanya itulah jawapan saya.

    Justeru, tidak perlu sinis di dalam reply anda, kerana sekiranya anda terlalu bijak, sudah tentu soalan sedemikian tidak ditanya.

  260. #282 by Queen Control on December 5, 2007 - 2:07 am


    Saya ingin bertemu dengan anda, tetapi saya berada di Terengganu. Bolehkan kita bertemu tengahari esok?

  261. #283 by K.Redzham on December 5, 2007 - 6:40 am

    Queen Control…

    You are so funny…if you read previous comment from me..then you should know I am base in Klang Valley..Opppss maybe you have no time to read but only interested to criticize ppl…nvm…just be professional…

    Nak comment skit plak bout your statement above…ape yg u ckp kat atas seems like you are dissapointed with UTC…xtau la apa sebabnya BUT…just 4 your info…I have a Dip in Biz n degree in HRM and infact most of UTC that I personnaly know are well educated…so jgn pertikaikan la pasal2 spm grade 3 ke ape ke…why we join this industry? because we have passion on it…we are rewarded well based on our performance and we did n always do enjoy our life as UTC..

    So how about you?? semua yg registered UTC mesti pass exam dulu before certified…n of course la knowledge kena ada sebelum sit for that exam…right??? so basically all have an equal opportunity…

    Nobody perfect maa…dont judge something based on past record….world have an equal opportunity…hukum karma…as long as we know how to respect people then people will respect on you…jgn la timbul2kan isu2 yg sensitive…BCOZ byk lg org2 yg berjaya bermula dari bawah n xsemestinya yg educated n expert to “clean”….


  262. #284 by Queen Control on December 5, 2007 - 12:03 pm


    Sila baca soalan asal dan jawapan saya. Fahamkan betul betul sekiranya anda mampu berfikir.

    Saya tidak berniat nak menghina sesiapa, dan saya juga tidak mempertikaikan mahupun bertanya tentang kelulusan anda. Justeru, simpanlah buat pekasam.

  263. #285 by bahrullah on December 5, 2007 - 4:28 pm

    q control..

    assalamualaikum dan salam sejahtera semua..

    terima kasih dengan jawapan (tips) yang diberikan. kita semua ni mahu belajar untuk mendalami sesuatu yang menarik dan sebab itulah kita MENUMPANG maklumat dalam blog ini.soal syarat minimum tu biarlah fmutm yang tentukan dan pasti mereka rasional dengan hal tersebut. mereka sangggat profesional.
    saya harap dapat mempelajari lagi lebih banyak tips-tops yang berharga dari semua panel di sini terutamanya tuan tanah irwan, zuraini, kkchow and slyeo, encik ABM, pantera dan ramai lagi… dan mereka ini lah guru yang banyak berjasa kepada kita semua. jarang orang nak kongsi maklumat yang berharga.
    terima kasih …

  264. #286 by bahrullah on December 5, 2007 - 4:47 pm

    cik q control saya soal u jawab and TQ but jawapan anda adalah sinis utk utc dan semua yang terlibat. apa2 pun sya minta maaf jika jawapan saya agak sinis juga utk anda. untuk panel semua saya juga minta maaf.

  265. #287 by kulats on December 5, 2007 - 7:13 pm

    Kat sini actually ramai yang dapat manafaat hasil drp simple discussing. Pls stay focus, pls do not divert from main discussions.

    kawe dok tengoh kumpol knowledge pasa UT.

  266. #288 by sconey on December 5, 2007 - 10:08 pm

    thanks redzham for the reply.
    Saya rasa melabur dalam TH tak semestinya untuk pergi haji – pada saya siapa yang berfikir demikian is plain ignorant :),ia juga menawarkan rate yang agak kompetitif dengan ASB,and zakat telah di ambilkira – sedangkan mereka yang melabur dalam islamic fund belum tentu bayar zakat(tak percaya?tanya diri masing2)

    How easy to say ,dont have to worry about your money,its for long term etc. – all that jazz . Apa yang saya maksudkan pening2 tentang UT lain ialah,jika kita monitor hari2,tentunya kita akan risau tentang turun naiknya harga amanah saham tersebut,sedangkan di dalam TH atau ASB kita tidak perlu risau,sebab harga tetap RM1,dan jaminan pulangan tahunan dari 6-9%.Berapa kerat pelabur yang betul2 pelaburannya di monitor oleh agennya?I mean boleh ke agen akan bersama dengan setiap client dia sepanjang 3,4,5 tahun?Ada ke?Jika ada saya ingin berjumpa beliau.
    Bila melabur dalam TH atau ASB kita tidak perlu risau tentang pelaburan,kerana harga tetap dan di jamin kerajaan.Kalau rasa ASB tidak ‘halal’, then dont invest.period.

    Imagine,bila harga jatuh,dan pelabur di galak tambah pelaburan,tak risau ke?Agen mungkin tak risau,tetapi pelabur akan risau,believe u me. Tapi TH atau ASB relax je.
    That’s why saya rasa,overall,for the malay,ASB and TH are still the best.Dont have to agree with me,but that’s my opinion as a pelabur.

    And i know agen yang juga melabur dalam ASB,tapi dia suruh orang melabur dalam UT lain.So apa motive dia?

    Maybe I am wrong,but I feel great everyday,afterall money isnt everything.

    Have a stress free day and selamat malam.

  267. #289 by Pok Nick on December 5, 2007 - 10:27 pm

    Thanks for Sdr Basir, I like your comments, focus and rigid.
    I will allocate my 200K per year for unit trust, since I worked overseas, I cannot buy lump sum but maybe 25k per month or 25k per any new launch unit trust. Problem is how can I differentiate which one will perform utmost? Or just blindly buy any newly launch. What are the criteria to choose for new fund?


  268. #290 by Mohd Basir Ahmad on December 6, 2007 - 4:22 am

    Rather hot these few days.

    If i may do so, the question might be rephrased a bit to “what are the criteria to choose fund”

    Company/fund historical result – indicative but non-conclusive, your risk/return appetite period of investment, purpose of investment… etc etc. Equity funds will grow your money, Bonds (and Money Market) funds will save your money. Masing masing ada purpose. Macam sword and shield.

    Lagi ? Ingat ni je:
    – Unit Price DOES NOT determine fund performance.
    – New funds DO NOT necessarily perform better than existing fund.
    – Funds will perform depending on their underlying asset. How they’re allocated and how stocks are selected (in case of equity funds). In other words, dia invest kat mana/bagaimana. For instance, in past month, ada kelainan antara funds yg far-east based dgn locally-weighed funds, in term of growth. Monitoring pula bukanlah bermakna hari-hari kena buka mengadap Bloomberg or CNBC or CNN-Money, ada macam-macam mechanism.

    For extra reading you may access and look for the topic “The Importance of Performance.”

    (Believe the above suffice to answer some queries. Disclaimer: Paragraphs below are pure ramblings.)

    If a good awek is what you’re looking for, we need to determine what determines a good awek. Same goes with performance. If performance that we’re looking for, we need to examine what determine performance. I pick Ronaldinho, but some ladies might want Beckham.

    If a UTC comes to you and say “beli la fund ni bang, baru lagi, murah je, dua posen, yang lain dah mahal” you MUST immediately get a bottle of budu cap ketereh and force him/her to gulp the whole content then and there juga, bagi cerah perut sikit. Ni gak gelap gelemak.

  269. #291 by Mohd Basir Ahmad on December 6, 2007 - 4:42 am

  270. #292 by Mohd Basir Ahmad on December 6, 2007 - 4:45 am


    Bila sebut Unit Trust, kena ingat, ada 3 jenis: Equities, Balanced, and Fixed Income. Equities pula ada macam-macam jenis samada yg moderate, aggressive, sector/industry/country/regional select, index, etc etc. Based on historical data, well managed investment in UT is better than the other funds that the Malays are used to. Enuff said.

    On risk/return relation pula pula, ada bezanya jika kita letak pancing dalam parit depan rumah, atau dalam kolam ikan, atau di laut. And to do all those, kena la belajar to tambah ilmu, nak belajar kena berfikir. Dan pula, bergantung pada tahap mana kecapaian akal seseorang, kadangkala aktiviti berfikir ini memeningkan. Tetapi, agama menganjurkan “berbuat sesuatu, hendaklah dengan ilmu”, juga walaupun tahu satu ayat kita dianjurkan supaya “ajarkanlah walaupun satu ayat”. Maka, sama-samalah kita belajar.

    Basir, PM (call me to be a UTC)

  271. #293 by Abdul Wahid bin Abdul Ghani on December 6, 2007 - 11:46 am

    Berminat untuk menceburi kerjaya sebagai Perunding Unit Amanah (UTC) peluang menambah income lumayan, full time atau part time Hubungi 019-2992715; Terutama sekitar Sabak Bernam, Teluk Intan , Sungai Besar. Rebut Peluang ini … Recruitment and Training provided

  272. #294 by Pok Nick on December 6, 2007 - 7:27 pm

    En Basir.
    Thanks for lengthy explanation. You have a beautiful example as well. Keep on writing, There are a lot of peoples reading your comments. ASB is limited so do with Bank Rakyat. A friend of me just bought almost RM one million of PSEASF and PBCPEF funds at launch rate of 25 cent recently. These are two aggressive funds and he said Chinese related fund will be the best choice and so will have a better performance. What are the bases I do not know? My guest is may be Chinese economic are getting stronger.

  273. #295 by Mohd Basir Ahmad on December 6, 2007 - 8:02 pm

    The basis are:

    – rapid economic growth in Greater China region, where China punya real GDP growing at more than 9% annually sincepast 10yrs. also linkage with Hong Kong (asia’s financial svcs hub) and Taiwan (global electronics powerhse)

    – China punya 2007Forecast at 11.2%, 2008F at 10.6%, propped by cun domestic consumption, rising income level, urbanisation, demographics, ma piaw etc etc…

    – potential stronger demands for china punya H shares (at current P/E ratio of 28%, low valuation compared to A and B) listed in HK.

    – prospects for this region remain exciting, equity mkt cun, high saving, high liquidity.. banyak duit.. ramai leng lui.. etc etc..

    More or less, fundamental.


  274. #296 by kulats on December 7, 2007 - 9:04 pm

    Sekiranya seseorang itu adalah salah sorang dari pelabur dan bertukar menjadi seorang UTC, bolehkah dia teruskan pelaburannya melalui himself sebagai UTC ?

    Thanks for anyone explainations for this.

  275. #297 by K. Redzham on December 8, 2007 - 1:11 am

    Hi Kulats..

    Yes…you can…tiada masalah langsung…untuk jadi consultant/advisor u kena amik exam khas untuk certified you as UTC so barulah komisen you (walaupun you sendiri yg invest) akan dikreditkan dalam acc u…

    Sekiranya berminat register segera kerana buat masa ini terlalu ramai applicant yg menanti untuk menduduki exam (CUTE) yg diuruskan oleh FMUTM…lagi cepat u register lg cepat u boleh sit for the exam..

    Sekiranya anda di KL dan berminat ingin menjadi UTC di CIMB Wealth Advisors Berhad sila hubungi saya. Harap jawapan dapat membantu..Tq

    Khairil Redzham
    Unit Trust Advisor
    CIMB Wealth Advisors Berhad
    HP: 019-3885422

  276. #298 by Fazrina M. on December 8, 2007 - 1:15 am

    Hmm… I’m planning to take up unit trust. But thought of starting up small at first and see how it goes. Because I’m still a first timer. Tak berani lagi lah dump all my money. I’m not much of a risk taker yet. I heard China Ittikal is one of the hot topic among investors. I am keen to take up a UT for it but how am I suppose to do all the documentation and initial deposit if I’m here in Labuan?

    Do I deposit it to Public Bank? which is just beside me office?

  277. #299 by Mohd Basir Ahmad on December 8, 2007 - 3:03 am

    Fazrina dear,

    If you cannot find a UTC there, you might want to sms me your address so that i can pos-ekspress (depa kata dijamin sampai esok) all the prospectus, pamphlets and forms.

    Proper advice in financial planning is that you may pay-yourself-first by setting say 5-10% of your nett-pay and do monthly regular investment, for maybe emergency, opportunity, real-estate, education or retirement funding needs. The remaining balance baru lah you allocate for your list of other needs, and wants.

    Mohd Basir Ahmad,
    Unit Trust Consultant, Public Mutual Berhad
    H/p: 017-3355733 E-mail:
    YM/Skype: mbasira

  278. #300 by Fazrina M. on December 8, 2007 - 10:46 am

    I am able to safe around 1k per month. for a start I just might put in RM300-400 per month… Is that beneficial enough? for say 3-5 years investment?

    My dad has adviced me that to do this sort of investment, you need the right agent and fund manager (fund manager that is preferably not a Malaysian but foreigners, true kah?)Because takut kene tipu ker aper, or the fund manager tak effecient or good enough ker….

    Please advice.. =( I heard to benefit from the promotional offer, we must invest b4 this 10 of December…. if we invest on 10th December itself sempat lagi ker nih?

  279. #301 by noreliza on December 9, 2007 - 3:51 pm

    Hi Farina,

    Ur dad’s advice is really true. Let me give a simple table of return here:
    Let say ur starting investment is RM1000 and the following monthly investment is RM400 and assuming the annual return for this new fund Public China Ittikal is 10% per annum, then u will get this:
    Year Accumulated Investment Total Return
    1 RM5,400 RM5,940.00
    2 RM10,200 RM11,814.00
    3 RM15,000 RM18,275.40

    If you see closely, ur total principal after 3 years is RM15,000 and your total return plus profit is RM18,275.40.This is if we assume the return is 10%. My experience with Public Ittikal Fund is 49% in 1 year 9 months.That is very high return right??..

    I juz started blogging with regards to unit trust.Feel free to view my blog at

    P/S: PCIF promotion end by 10th december.But if u invest after 10th, u just can’t enjoy the discounted initial service charge which is 5.45%.


  280. #302 by noreliza on December 9, 2007 - 3:56 pm

    Hi Farina,

    Ur dad’s advice is really true. Let me give a simple table of return here:
    Let say ur starting investment is RM1000 and the following monthly investment is RM400 and assuming the annual return for this new fund Public China Ittikal is 10% per annum, then u will get this:
    Year —– Accumulated Investment ——- Total Return
    1 ——– RM5,400 ———————- RM5,940.00
    2 ———RM10,200 ——————— RM11,814.00
    3 ———RM15,000 ——————— RM18,275.40

    If you see closely, ur total principal after 3 years is RM15,000 and your total return plus profit is RM18,275.40.This is if we assume the return is 10%. My experience with Public Ittikal Fund is 49% in 1 year 9 months.That is very high return right??..

    I juz started blogging with regards to unit trust.Feel free to view my blog at

    P/S: PCIF promotion end by 10th december.But if u invest after 10th, u just can’t enjoy the discounted initial service charge which is 5.45%.


  281. #303 by adam on December 10, 2007 - 11:00 am

    kini ramai pelabur bumiputera yang terdedah dengan pelaburan DINA (berpusat di Kelantan) dan memberikan pulangan yang lumayan dan khusus kepada bumiputera sahaja. sahihkah pelaburan ini? dan ramai kawan2 saya yang sudah mengikuti jenis pelaburan ini. sesiapa mempunyai maklumat harap dapat berkongsi dengan pembaca di sini. Saya berminat dengan PM tapi agak terganggu dengan DINA. sila bagi komen..

  282. #304 by teng_zhi on December 10, 2007 - 11:23 am

    do you think that pubic equity fund price will boost to 0.47 again in the end of year 2007?

  283. #305 by shazli on December 11, 2007 - 5:19 pm

    hi irwan,

    this site is named Public Mutual-My First Unit Trust. meaning those who enter this site would like to know more about public mutual.

    my question to all cimb wealth advisors agents here is, don’t you have your own blogs to write in?

    takkan menumpang populariti public mutual kot?

    why not u all become become public mutual’s agent?

  284. #306 by Zuraini on December 12, 2007 - 12:01 am

    Salam & Greeting,

    Bro & Sis, let’s be nice to each other. I believe Irwan is ok with any other parties regardless of their backgrounds. I’m personally hoping to learn from other UTCs especially someone with better analytical thinking so that we would achieve greatest skills in our career and thus help serving our clients to their very best interest.

    Hope that this blog will not become a battle ground for UTCs, but help viewers to have better understanding toward their investments.

    Let’s stop any argument and come up with creative and best ideas on how to make people easily understand UT.


  285. #307 by ZETIEE on December 12, 2007 - 10:33 pm

    maaf saya sememangnya tidak paham apa yang dimaksudkan dengan unit trust …boleh kah sesiapa menjelaskan kepada saya secara ringkas ttg unit trust?

    bagai pula jika saya nak invest menggunakan duit epf?

    berapakan pelaburan tunai yang paling rendah yang boleh dilaburkan?

  286. #308 by Nizam on December 13, 2007 - 1:11 am

    Unit Trust is becoming more popular than ever. Heard the latest news published in papers and tv…

    1. the service charge will be capped at 3% as the rates are comparatively higher in Malaysia than other countries (new service charge ranged from 2.5% to 3%) instead of 5.45% to 6.5% currently (50% cut). Effective Jan 2008. It is heaven for investors!!!

    2. I also heard that for EPF scheme, it will be more flexible according to the investors’ age… (younger investor is eligible even though their savings in Account 1 is less than RM50k). I can’t actually verify this statement. Hope somebody can explain/verify, or it is not finalised as yet.

    For sifu’s out there,
    I am affirmative that unit trust industry will be more competitive for investors but how will this affect the agents? They will get a pay cut, will they? If the funds’ service charge is at 2.5% to 3.0%, what will the max percentage belongs to their sales people? Generally UTC will be demotivated with this move… UTC to-be may cancel his intention, part timer will be less motivated… or maybe they (UTC & UTC to-be) will be compensated with higher volume as unit trust becomes more attractive investment vehicle

    Comment on this issue pls


  287. #309 by shazli on December 13, 2007 - 12:20 pm


    correction for your statement above: the service charged capped at 3% is only for epf investment.

    cash investment will be capped at 5.5%

  288. #310 by shazli on December 13, 2007 - 4:23 pm

    hi zettie,

    penah dengar amanah saham bumiputera? mesti penah melabur dalam ASB betul tak?

    akhir tahun dapat dividend. best kan?

    ASB tu unit trust lah.

    unit trust is investment in a lot of stocks from different companies.

    dengan hanya investment minimum sebanyak rm1000, anda boleh memiliki stocks company macam maybank, tenaga nasional, ioi corp, sime darby..etc.

    kalau nak beli direct from the stock market, rm1000 tak cukup.

    so unit trust ni membenarkan pelabur-pelabur yg ingin melabur secara kecil-kecilan memiliki stocks yg mahal2 (blue chip) seperti di atas.

  289. #311 by K. Redzham on December 13, 2007 - 7:56 pm


    Yes..apa yang shazli cakap kat atas betul..

    3% service charge tu hanya untuk EPF Investment Scheme. Dari apa yang saya tahu..start next Jan 2008 kadar baru ini akan mula digunakan (namun tunggu saja official circular from FMUTM supaya lebih pasti)..

    Bagi yang lain2, service charge still macam biasa (5.5%-6.5%) and kadar2 ni adalah standard di Malaysia.

    Bagi UTC yang benar2 memberi komitmen dalam unit trust industry pasti tiada masalah tentang isu ini…ofcourse it will give some impact…de-motivate but again after this senang la you tahu yang mana consultant yang benar2 memberi komitmen terhadap kerjayanya sebagai UTC…why? bcoz semua yang money oriented pasti akan mencari peluang pendapatan yg lain bagi memaksimakan income mereka..

    Bagi saya…UTC selepas ini harus lah lepih peka terhadap tanggungjawab mereka yang bukan sekadar menjadi agent jualan malah sepatutnya memberikan nasihat sepanjang masa (terhadap client nya) dalam memaksimakan keuntungan para investor…

    Khairil Redzham
    Unit Trust Advisor
    CIMB Wealth Advisors Berhad
    HP: 019-3885422

  290. #312 by Nizam on December 14, 2007 - 1:18 am

    Shazli & Khairil

    Thank you for correcting me. I should have mentioned about the cash investments’ service charges with restructured commission rates for UTC as already confirmed by PMutual.

    I was actually asking about EPF scheme, the possibility of flexible withdrawal’s for younger investor together with the possible new rates belong to UTCs….

    Anyway, I believe that committed consultants will continue committed. Same goes to the other type of consultant, we know them even if there is no changes in EPF scheme, we heard a lot about them right?

    Investors also need to be alert and learn. Irwan created this blog so-called my first unit trust for investors’ public to learn and for the expert to share ideas and advise.

    Thanks again to Irwan!!!; and to the experts here who shared their ideas for mutual benefit


  291. #313 by Fazrina on December 14, 2007 - 9:16 am

    So, whens the capped service charge going to be effective? From the 1st of January 2008 is it?

    I shall start my investment on january then.. since I am still collecting some fund to do this investment and all… =)

    I thought of putting an initial deposit of RM2,000 + first and leave if that way for the first year since I have other commitments at the moment… Do you guys think this would be beneficial enough? Or should I at least do a regular saving of RM100-200 per month for the first year?

    P/S Guys, watch One in A Million every Friday at 9.30pm in 8TV!!! My brother Mark Malim made it to the top 12 finalist!!!!

  292. #314 by shazli on December 14, 2007 - 10:46 am

    hey there,

    go mark!! i want him to be a millionnare!

    i never really watch one in a million but im gonna keep track on this one. 🙂

    do regular savings dear. u can always start with rm100. when u allready have savings habit at the start of your career, you can never go broke in the future.

    it’s not how much you earn, but how much you save that matters when you are 55.

  293. #315 by slyeo on December 14, 2007 - 11:49 am

    Agree with Redzham, we’ll feel the pinch due to the slight cut in the service charge but this shouldn’t be a major obstacle as the interest/passion towards the industry & commitment towards the clients will keep us going. It’s a good time to see who’s in it for the money, or who truly have the makings of a good UTC. I know of an ex-colleague who hopped from one company to another as an insurance agent, will you trust him? If someone puts his personal interest & commission above his clients’ needs & gain, do you think he’ll give you quality service that you deserve & help you achieve your financial goal?

    About EPF investment scheme, based on what I’ve gathered so far, 3% service charge on EPF investment will be imposed starting 1.1.08; as for the new ruling on the minimum amount in Account 1, it’ll be based on your age, e.g. below 30 (min. 9k), 30-35 years (min.18k) etc; this is to encourage younger EPF members to diversify their investment in unit trust & expand their retirement fund for the future, as they can still afford to take the risk; but not so for the elder members (they’ll need to have more than the current limit of RM50k to be eligible for the investment scheme), to protect their retirement fund from the risk factor. Will wait for the official announcement from EPF but i think it’ll take effect only in Feb. 08. Happy investing!

  294. #316 by mno on December 17, 2007 - 8:49 am

    ada tak tips untuk menjadi agen yang berjaya dari sudut mendapatkan income yang banyak dan dalam masa yang sama service kepada pelabur jugak baik.

  295. #317 by smalltimesmalltown on December 18, 2007 - 11:17 am

    want to ask few q to all sifu’s here.
    asiik,pm is the subs of pbb.Therefore,their investment should be questionable in halal or not,does it?Just like some ppl plainly saying asb is haram,is this not the same?
    I am getting confuse everyday. The other thing,service charge upfront, is like a prepaid thing,pm got the money first from the investor,and the investor will be hoping for the unit trust price to go up?
    If this is the case,then as a muslim,shouldnt we invest in halal investment only probably like tabung haji or any other islamic means.
    But then some say the return is low.So where do we go from here?

  296. #318 by Mohd Basir Ahmad on December 18, 2007 - 12:38 pm

    Assalamualaikum small,

    I was terribly shocked to read that you’re getting confused everyday.

    If i may diagnose, after reading your comment above, I beleive your confusion stemmed from the fact that you haven’t understand the unit trust framework coupled with some basics in islamic jurisprudence (syariah).

    If i may propose, kindly get a unit trust master prospectus and read the section on Introduction to Unit Trust to understand the basic framework. And apart from many books and literatures in islamic finance, you may want to access the websites of Islamic Banking & Finance Institution of Malaysia (IBFIM), Ustaz Zaharuddin’s , islamonline and scores of other related websites.

    If i may disclose, Tabung Haji also invest in PM unit trust. Tabung Haji too have their own syariah advisory committee. If Tabung Haji says halal, you might want to say halal as well. Same goes with Takaful Nasional (now EtiQa Takaful). And PAS, of which the majlis syura (also consists of experts in islamic finance) vet the decisions including financial by jawatankuasa pusat or dewan harian. As for Biro Agama UMNO, they don’t have the veto power but i beleive maybe they are also in congruence.

    In the background, whatever path you may seek, your investment must beat the inflation rate, and achieve your financial objective. Please continue to decide based on the right information.

    Mohd Basir Ahmad
    PM / UTC
    Tel: 017-3355733 E-mail:

  297. #319 by smalltimesmalltown on December 18, 2007 - 6:59 pm

    thanks mr basir.
    Wonder why TH invest in PM,or any other instruments for that matter,if the sole purpose of the TH is to provide avenue for Muslim to go for hajj.And they should provide more return – at least better than ASB,since they are getting more than i presumed 15% on average from PM investment.
    For that matter,does the TH depositors know where their money is being invested?I am a small time player,it wont affect me much though.
    Back to PBB and PM,since PM is owned by PBB,then does the source of money being mixed up between halal and haram portions.Is there a fAtwa from any reputable source to say all islamic funds from PM,CIMB and the rest of so called islamic funds, halal?Or is it just the case,up to the individual choice again.Why cant all this syura or expert in islamic finance come to the fore and claim once and for all – our islamic fund is halal,probably we need a tanda halal on the brochure,no?

  298. #320 by mno on December 19, 2007 - 11:01 am

    jika saya invest 10k. kemudian pada tiap-tiap awal tahun saya ingin dapatkan keuntungan. how to calculate supaya 10k itu tidak diganggu.

  299. #321 by azura abdul razak on December 19, 2007 - 11:47 am

    Sama macam ASB calculation.Cuma PM ni di katakan bagi lebih pulangan secara purata setiap tahun berbanding ASB, mungkin sekitar 10-15%,itupun jika u memilih dana yang betul,tapi harus di ingat,harga dana PM ni turun naik,bukan macam ASB.Maknanya kalau harga naik sepanjang tahun tu,maka untunglah u,kalau tak,silap2 boleh rugi pulak.Terpulang pada u.Kalau harga dia naik,maka 10k u tak usik pun,tapi jika harga jatuh bawah harga u beli,di campur dengan service charge lagi,maka u perlu dapatkan at least 5cent lebih dari harga u beli,baru dapat untung.Kalau beli 25c,kalau nak jual mesti at least 30c,dan harap harga akan naik seterusnya.Kalau harga leaps 5 tahun masih juga 25/28c ke,maka,sebenarnya u tak untung juga.Mungkin ASB lebih baik,walaupun harga dia tetap je 1RM.Jadi siapa yang sebenarnya untung?

  300. #322 by mno on December 20, 2007 - 6:26 pm

    saya dah melabur dalam PIADF 2k, penerangan u ni buat saya seram sikit. i berhajat untuk tambah tapi……
    boleh u bagi tahu saya peluang saya peluang saya untuk untung dan rugi. saya masuk melabur dengan harapan agent boleh membantu saya untuk untung, sebab saya boleh dikatakan hampir tak tahu mengenai pelaburan ni.

  301. #323 by Mohd Basir Ahmad on December 22, 2007 - 12:41 pm

    A few short comments sempena raya haji:

    1) Small, on “wonder” part, dont need to wonder. You need to understand the framework to accept that it is halal. “au halalan, halalan, au haraman, haraman”.

    2) On “source” part, understand the framework, The source of money is from the Investors. Punca duit tu adalah dari pelabur2, diulang pelabur-pelabur. On the “fatwa” part, benda yang dah ada nas (alqur’an, hadith, ijmak, qias) tidak perlu fatwa. Macam menutup aurat, tak perlu fatwa. Atau makan ubi-kayu tak perlu fatwa, Ataupun minum arak, tak perlu fatwa.

    You might also want to tanya “kenapa agent takaful Syarikat Takaful Malaysia Berhad (STMB) tu ada yg non-muslim ?”, understand the framework and some basics of fiqh mu’ammalat and you’ll have the ready answers.

    You may want to e-mail me your address and i’ll post you some literatures.

    3) On “Kalau harga lepas 5 tahun masih juga 25/28c ke,maka,sebenarnya u tak untung juga”

    – Statement di atas tu salah dan tak betul. Jangan tengok harga, tapi tengoklah NAV movement (growth). Sebab bila UTMC declare distribution, Harga Unit diturunkan manakala Bilangan Units ditambahkan, dan NAV tetap sama the day after (assuming no movement in Fund NAV). Jadi selepas 5 tahun pun, harga unit lebih kurang je. Tapi NAV dah mencanak naik.

    Asasnya ialah Collective Investment (ramai orang kasi duit utk diuruskan pelaburannya) ni ada dua jenis, satu Variable Price (harga berubah2 macam most UT products dan juga ASN3), satu lagi Fixed Price (Harga Tetap macam ASB, Tabung Haji). [[Note: ASN3 harga berubah2, ASB harga tetap]]

    Bagi Fixed Price, your profit.. sorry.. duit engkau adalah bergantung kepada berapa % (peratus) dividend yang institusi itu (macam PNB atau TH) declare. Maka masing-masing pakat2 tunggu time pengisytiharan dividend, kalau harga dia fixed singgit, maka 10 sen seunit itu bersamaan 10% lah. Mari saya eja, untung bergantung pada DIVIDEND.

    Lain hal pulak dgn Variable Priced UT, duit engkau (Nett Asset Value) bergantung kepada both bilangan unit dan price pada masa tersebut (tak payah tunggu2 declaration of distribution). Katalah Fund tu declare distribution, maka Harga Unit diturunkan, dan Bilangan Unit ditambahkan. Katalah dia declare distribution 10 sen seunit, maka harga unit diturunkan sebanyak 10 sen seunit dan u dapat tambahan unit bersamaan dengan jumlah RM distribution tersebut. Maka saya eja, untung bergantung pada CAPITAL GAIN.

    Selalunya bila client tu tanya “fund ni launch 10 tahun lepas tapi now harga dia sama jugak, tapi you all cakap fund ni perform, camne tu ekk ?”, maka tahulah kita bahawa kita kena order dua gelas lagi kopi ais, sebab kena start from the very basic of it.

    Mohd Basir Ahmad

  302. #324 by humaida on December 23, 2007 - 10:57 pm

    En. Basir,
    Thanks for the short comments but I still didnt get it,although sarcastic that maybe,but thanks for the explaination anyway.At least En.Basir care enough to explain,not like some other agent who are now nowhere to be seen,:).I guess not many agents can describe the UT issues like him.The normal agent will just like to ask ppl to invest and play on China issues,Olympic 2008 etc.Its all boils down to commision, nothing else.

  303. #325 by Mohd Basir Ahmad on December 24, 2007 - 4:52 am

    minta ma’af sangat2, tak bermaksud to indulge in any sarcasm. didn’t get it? which part ? please private e-mail. boleh berkongsi info.

    the gist of it, bila belajar ni kena ada disiplin, kena ada struktur. sebab tu pre-requisite to fiqh is usul-fiqh, kalau alqur’an, ada asbab-an-nuzul, kalau hadith ada asbab-al-wurud. kalau ikut aturan/tama’ninah, senang je. tak confuse.

    macam contoh haramnya babi. memanglah babi tu kaki empat, tapi jangan la semua hayawan yang kaki ampat semua ente dok bedal kata haram.

    macam masa mula2 telefon diperkenalkan di arab saudi dulu2. ada yg kata haram, suara syaitan katanya. Issyy…

    akhir kalam, sila khatam Section on “Introduction on Unit Trust” dalam master prospectus.

    selamat hari raya haji. maaf zahir batin.


  304. #326 by Mohd Basir Ahmad on December 24, 2007 - 4:57 am

    (nak explain sini payah sikit, takde diagram. tengok diagram senang sikit, tu yg i suggest refer to Section 2 of Master Prospectus tu.)

    ampun maaf. selamat hari raya haji.


  305. #327 by mno on December 24, 2007 - 11:33 am

    ustaz Basir,
    alamat email saya.

  306. #328 by mno on December 26, 2007 - 8:17 pm

    maaf kalau ada yang tak suka sebab saya banyak beertanya.
    anyone can tell me, macam mana nak buat pilihan kemana kaunter mana nak invest dan apa kriteria?
    yang paling murah jual ke? stabil ke? atau cam mana? in malay ok!

  307. #329 by reality_ check on December 28, 2007 - 8:36 pm

    take a break…have a kickintheback. Found from one of the forum on unit trust.Enjoy reading.

    If you are old enough to witness the bull run back in the early 90s, definately it would bring back some good old strange memories. You might remember people from all levels talking about this counter and that counter…this tip and that tip. Almost everyone, from top to bottom, from company directors to office boys to the old aunties at one point or another made money (profits) and the topic of conversation was mainly about, well you guessed it, shares! Everyone had their 2 cents to share, and everyone was an expert in their own ways.

    And what else? Remember when school teachers, lawyers, accountant and what not…just gave up their jobs to be a remisier? Yes, a remisier was a top notch job at one point. Why not? Those ex-teachers suddenly earned 5 or 6 figure monthly income; business volume was fantastic. A lot of Ah Gu, Ah Kau, Ah Lien and Ah Ee were into “playing shares.” Everybody wanted to be a remisier; and “wahhhh!!!!” and “wowwww!!!!” was the common reaction when we hear that someone was a remisier…images of cars like Merz & BMW, a big bungalow and a pile of cash flashed the very instant the word remisier was mentioned.

    That was then. If you are old enough to remember the above, then you would definately remember what happened to many of remisiers.

    What’s the fashion now? Being a unit trust agent of course!!!

    It seems that everyone wants to be a unit trust agent. Never mind if you are financially illiterate. A grade 3 in SPM will be sufficient as it is the minimum qualification. Never mind if you fail the exam or underage (not 21 years old yet), you can always park sales at your upline. And nevermind if you do not have a clue about the mechanics of the product or some basics about finance and economy. The cliche goes…”people buy because of YOU.” And marketing gurus also mentioned in their books, something like “people buy not because of how much you know, but how much you care.” Therefore, do attend all the soft skill trainings available in town. Apparently, transfer of feelings, NLP and other soft skill crap ARE the essentials to sell, not a solid fundamental understanding sadly.

    You need to be very teachable, and just do as what you are told. Only then that you are more likely to be seen driving a BMW, a Merz or a Cayenne maybe?

    In my encounters with clients and friends, some even have the cheek to ask me “So, are you a rich man now?” or some similar remarks like “You must be rich and have a lot of money.” Such is the perception of the public towards unit trust agents nowadays. One guy even contacted me online (via a forum) to ask me whether I’m a millionaire or not, and indicated that he would like to join me as my downline. When I replied an honest answer about my financial status (or not being a millionaire yet), I got a snub from him and he did mentioned about that youngest jaguar owner in the country as a benchmark.

    Well, he was spot on, in his own idiotic way. Some of these people just flash their wealth and start to call themselves the millionaire sisters, billionaire brothers, mega rich cousins, mega rich mummy, tycoon daddy or whatever fancy name there is. (Notice that I shall emhasise on “some of these agents”, as it is not directed to ALL unit trust agents)

    But ponder this. Supposedly this is a financial planning business right? And they have noble intentions to “help people” for their retirement and whatever it is that they mention right? The way I see it, some are helping themselves more than anyone else. The flashy cars after 1 or 2 years in the business, some even after a couple of months…the Guccis and the Pradas, all these would take years under the normal route. But now, there is a shortcut to success, by being a unit trust agent! For crying out loud about financial planning in whatever myopic understanding of the subject matter, many of these agent fail to do financial planning for themselves, BIG TIME!

    The term “help people” is an overused word and it is so hipocrite in nature, I just can’t stand it. The truth is, many of these agents place their dream car and pile of money as their utmost motivation, and nothing else. “Helping people” is just a facade to put up that innocent puppy dog face. Don’t believe me, just try to attend some of the business opportunity preview and analyse the content.

    The way I see it, this industry is poluted with too many people who do not have a clue of what they are doing, and sadly it involves other people’s hard earn money to earn an obscene amount of money for themselves. Whether it’s underserving or not, it’s not for me to judge. What about me? After talking and criticising so much, where do I stand?

    Well, I’m passionate about football. There was once someone asked me how much do I bet on games, and I said “Nil. I watch football for the love of the game” and got a 4 letter word as a disbelieve respond. Same goes for my work. No doubt I do it for a living, earn sales commission, looking forward for more sales and clients, but I’ve never put my personal interest ahead of my client’s. I’ve never place importance of getting the loudest cheer as a top producer, qualifying for incentive and challenge overseas trip and aim to drive big cars and be a millionaire. These might come, but when it does I’ll say that it’s just incidental, not a priority.

    Good things must, and will come to and end. Ask the former remisiers. Otherwise, wait for a few years time and if you’re lucky enough, you might bump into a former unit trust agent. Ask him instead.

    Posted by Zeus at 7:32 AM

    Saturday, December 15, 2007
    I’ll talk to my wife…

    One of the biggest frustrations that a unit trust consultant can face is meeting a prospect who cannot make a decision on his/her own. Quite a number of times, after a presentation, the prospect will say something like “Well, it’s interesting. Tell you what…let me go back and discuss to my wife/husband/family about it.”

    Well, the prospect might as well give a flat NO for an answer. Why?

    Picture this: I’m the professional here. Well versed in what I do. Presenting to you. You listen, no one else. So logically you’d be able to make a decision, right?

    How I wish everyone is like you, but apparently not.

    There are men out there, for all the might and wisdom that they have, apparently they are not the one wearing the pants in the family. Must go home and get consent from wifey.

    There are women out there, crying out loud for equal rights and fearless when competing with men, will have to go back home and ask permission from hubby.

    There are people, wanting to make a change and difference in their lives and ambitious in taking challenges….just turned yellow when it comes to making a simple decision on whether to invest or not. Must go home and talk to mummy and daddy.

    Apparently, the hubby, wifey, mummy or daddy who did not listen to my presentation are some sort of experts. They did not listen to me nor my plan, yet they are making the call and decision.

    Then comes the unverified wisdom. Every Ah Gu and Ah Kow would have an opinion, everyone just love to give their 2 cents, don’t they? Then comes comments like “market too high”, “price too expensive”, “very risky” etc etc. All issues which most likely have been addressed in the proper presentation earlier.

    Let me propose something to make this world a better place. Every morning, ask your spouse about the color of your undergarments what you’re supposed to wear today. Then for breakfast, ask your mummy should or shouldn’t you have nasi lemak. Before you sign a document at work, consult your daddy on the legal implications first. Do consult someone else for before you make any single action. They know better.

    Posted by Zeus at 9:54 PM

    Wednesday, December 12, 2007
    Clearing The Confusion

    I find it rather amusing when I surf the internet and read forums and blogs related to unit trust.

    It seems that in this whole country, it is as if only 2 Unit Trust Management Company (UTMC) have agents. Both UTMCs are “bank-backed”.

    The first UTMC is the biggest in the country. For the past few years this particular UTMC have dominated the unit trust industry in the country by having the biggest asset under management and the most number of agents. Oh, did I forget to mention they are also the biggest award winners for a few consecutive years? No doubt the company have performed extremely well, syabas to the management!

    However, I’m going to talk about the agents from the other UTMC. This is a fairly good company, solid even, given the brand name and the foreign partnership that they have. However, their agents seem to get carried away by the company’s brand name, re-named just over 1 year ago. Since this particular UTMC do not really have any awards to show as a mark of achievement, the company always leveraged on the Merchant Bank’s achievements to show group achievement as a whole, as evident in their presentations.

    So, agents from this second UTMC, probably cannot tahan with the winning streak of the first UTMC and the braggings of their agents, took a giant step ahead and used whatever awards and achievements by the sister companies (the Merchant Bank etc) and claim that they are a bigger and better company, and they are the best this and the biggest that!

    Well, it’s up to interpretation really, but the way I see it, it’s either an act of deperation or a simple lack of understanding on a simple subject matter. What’s yours is yours, and do not take credit on someone’s else achievement. It’s not yours, it’s unrelated! It’s embarassing!

    By the way, I wonder where are agents from other UTMCs right now. Well, we’d probably see them soon should their company win awards in the near future.

    Posted by Zeus at 9:31 AM

    Jumping On The Bandwagon – Unit Trust Agents

    It seems that it’s pretty fashionable to join the unit trust industry nowadays. Suddenly you can see those who were working in factories, fitness centres, and practically from everywhere are now busy trying to give financial advise to the public…financial consultantlah konon-kononnya.

    Why the sudden surge in interest you might ask? Well, there are thousand and one reasons; but one thing for sure is the due to the current returns posted by unit trust funds.

    Before you go on, don’t get me wrong. The industry must grow. There are many qualified and dedicated (although very new) unit trust agents out there. But let’s zoom into a specific breed which is flooding the market presently.

    Many of these fresh unit trust agents are led to believe that unit trust will definately deliver good returns year in year out. Who not? Facts and figures don’t lie, don’t they? Look at the 1 year, 3 years and 5 years returns. Fantastic!

    With this limited facts, they go out, very gung-ho to tell the public how their funds are performing; armed with some brochures showing the number of awards their company won. And there goes the “experts”, going around running their mouths and flapping their gums on why the prospect should invest.

    Believe me, it is not as simple or straight forward as it seem to be. If you had just started investing around 12-15 months ago, you might have been very luck to see the blue skies and everything nice, and regard your unit trust agent as some kind of financial expert. Some of the agents really believe that this will go on and on…

    Many of these agents have not experienced a market crash, a laggard market and other gloomy market conditions. So beware. Some are in this industry because they believe this industry is a short cut for big money and BMWs. Elements of over-promise is just to be expected; some do it intentionally, some do it because they are just too naive.

    It is so easy to jump in the unit trust business. Interested? All you need is a minimum grade 3 in SPM. No doubt there are many out there with Masters and Phd, but yup, with a grade 3 in SPM is the minimum entry requirement. Then pass the simple exam set by the regulator, and there you have it. An instant financial expert. What if you don’t pass? Well, you can still do sales and park it with your upline, as practiced by many many “consultants” out there.

    Now, can anyone related to the consultant = con & insult thingy?

    My prediction is once the stock market takes a tumble, there will be a lot of “numbor yang anda dail tiada dalam perkhidmatan”. And if you are lucky enough, you might run into them in some fitness centre as a membership consultant, in a plane as a flight steward/stewardess or anywhere that they rightfully belong.

  308. #330 by ZULKIFLI ADNAN on December 28, 2007 - 9:57 pm

    Hai, iam a fulltimer unit trust consultant stand for PUBLIC MUTUAL BHD

    If you want to know about ut can contact me via email or my phone number 013-7919951.

  309. #331 by MZul on December 29, 2007 - 12:38 am

    reality_ check

    Nampak macam marah je..Bad History ke ngan UT Scheme? Cuba dulu baru tau? Tak kenal maka tak cinta…UT tak sama ngan sharemarket and UTC tak sama ngan remiser, Dan UTC tak sama ngan Financial Adviser or consultant.


    013-255 6356

  310. #332 by Mazlee on January 1, 2008 - 3:29 pm

    Very informative website. Keep up the momentum. Many more valuable information to be revealed in unit trust investment so that more people will concern about the importance of unit trust investment.

  311. #333 by angah64 on January 2, 2008 - 4:00 pm

    Good day and salam to all,

    i have been viewing this site for quite some time when i was looking for sources regarding UT. I found it very interesting as the experts and the learners can share views, ideas, and knowledge regarding UT. I myself are not too clear about UT but, that’s what UTC are here to assist us. Some of the questions that i intended to ask has been answered by the experts and bit by bit my knowledge and understanding becomes clearer and clearer. Hope that this thread will keep on going.

  312. #334 by Roy on January 3, 2008 - 3:19 pm

    Boleh ke declaration for Gross Distributions dibuat 2 kali setahun? contoh PBGF (30/06/07 & 31.12.2007).
    Terima kasih.

  313. #335 by kulats on January 3, 2008 - 6:29 pm

    Need some clarifications:
    If the investors create an account with PM through EPF, is it they have an opportunities to make a minimum monthly cash investment (RM100/month) ?

  314. #336 by swami on January 4, 2008 - 4:47 pm

    no1 to answer roys question yes when the stock market and d fund does exceptionally well.
    thank you
    utc public mutual

  315. #337 by swami on January 4, 2008 - 5:03 pm

    dear mr kulats from swami
    the epf investment scheme was started with d aim of providing members
    with an area where they can diversify their saving into unit trust and transfer it back to epf when d proceeds are cash will be paid to d members but the proceeds will be paid to epf ac 1,so hence its not possible to mix a cash investment with an epf acount investment
    thank you
    utc public mutual

  316. #338 by Fazrina on January 4, 2008 - 5:05 pm


  317. #339 by suyee on January 4, 2008 - 7:21 pm

    Hi Irwan,

    Thanks for all the opinion given from your blog, I was attract by your title, so i started to read all the opinion. Actually I also met a unit trust agent today, she also spend 2 hrs in my office explaining to me the benefit of unit trust compare to EPF & FD. she recommend PIDF(Public Islamic Dividend Fund) to me, she say this fund will guarantee distribute dividend to the investor annually.

    I still thinking whether is worth to withdraw my EPF and invest into unit trust or not?

    Thank you
    Su Yee

  318. #340 by Lee on January 5, 2008 - 2:08 am

    i try looking a detail about public mutual funds on website and found your blog…. and i have read some reply form others that make me so excited to know more about it.. actually i have an assignment to do about public mutual trust fund. so could you help me find it contents

    1-history & background of the financial institutions (including its objectives, mission and vision)
    2-development & future prospect of the institutions
    3- major functions of the intitutions & its contribution to the country
    4-types of product & service offered (include the latest one)& its specialization
    5-five major differences(with same respect )with any other two financial institutions within the same category
    6-the sources & uses of funds for the specific institutions

    i hope you can help me because i do not know anything about public mutual trust fund… i hope you can give me a feedback at my email

  319. #341 by Mohd Basir Ahmad on January 5, 2008 - 7:46 pm

    for info on your assignment. you can e-mail me at for the info. or call.

    Su Yee,
    travelling to JB at 90km/h is better than 20km/h. wedding dinner is at 8pm.

    UTC, Public Mutual

  320. #342 by Mohd Basir Ahmad on January 5, 2008 - 9:05 pm

    Roy, on your question “boleh ke declaration for distribution dibuat 2 kali setahun..”

    My note: Memang boleh Roy, jika dalam prospectus untuk fund tersebut dinyatakan “distribution is incidental”. Hari hari pun boleh bagi distribution sebenarnya. Tetapi, wajib diingat bahawa “distribution tidak menambahkan nilai pelaburan anda”. Ia cuma menambahkan bilangan unit dan menurunkan harga, Net Asset Value (NAV) adalah sama pada hari distribution declared dan hari selepasnya (jika tiada capital gain caused by upside movement in investment portfolio).

    Jika terdengar “Fund XYZ declare 10 sen seunit” dan harga seunit pada tarikh declaration ialah 40 sen, maka fund return tidak semestinya dan BUKANLAH 25%. Bandingkan NAV from point A to point B.

    Sebagai contoh, kalau setahun sebelumnya you ada 100,000 unit dengan harga 20 sen seunit, maka NAV you mulanya di ketika dan saat itu ialah RM20,000 dalam Fund XYZ.
    Now that price sudah jadi 40 sen, maka,
    NAV = 100,000 units X 0.40 = RM 40,000 [Return at this point is 100%]

    DISTRIBUTION Declaration of 10 sen seunit tadi akan menurunkan harga unit kepada 30 sen.
    Mana distribution of 10 sen seunit (bersamaan RM10,000) itu pergi ?

    Ada DUA keadaan.

    KALAU you ambil option “paid-out”, maka you akan dapat satu keping cheque RM10,000 atas nama you or whatever payment option yg you nak (boleh la buat belanja anak sekolah, kalau tak cukup, jual la some more units). Ini membuatkan investment NAV you yang masih ada dalam Fund XYZ sekarang ialah RM30,000

    KALAU you ambik option “reinvested” maka RM10,000 tadi akan dimasukkan semula ke dalam your akaun sehari selepas tarikh declaration sebagai reinvestment, at no cost. Iaitu RM10,000 dan Price= 0.30, maka tambahan unit sebanyak 10,000 bahagi 0.30 = 33,333.33 units. Maka jumlah units baru ialah 100,000 33,333.33 = 133,333.33 units, dengan harga 0.30 seunit.

    Say setahun sebelumnya,
    One year earlier, NAV = 100,000 units x 0.20 = RM 20,000.00
    On distribution date,
    Pre-distribution, NAV = 100,000 units X 0.40 = RM 40,000.00
    After distribution re-investment,
    Post-distribution, NAV = 133,333.33 units x 0.30 = RM 40,000.00

    Suu Yee, kalau u punya agent cakap “fund ini kasi dividend tiap-tiap tahun”, you kena tanya balik “kalau itu fund tara kasi dividend, saya punya duit ada tambah ka ?” tengok dia jawab macamana.

    Do not confuse distributions Unit Trust HAarga Berubah ini dengan ASB punya dividend. ASB bergantung sepenuhnya pada dividend/bonus kerana harganya tetap. Kena tunggu ASB declare barulah kita tahu duit kita ada cemok mana.
    Yang Unit Trust Harga Berubah ni pula, tak payah tunggu distribution untuk tahu berapa RM kita ada. In fact, takde distribution or dividend pun tak mengapa.

    EPF investment dan Cash investment tiada bersekali akan keduanya, maka akaun berasingan diwujudkan. EPF investment dikira sebagai joint-holding investment dan EPF aklan menarik-diri dari akaun tersebut bila you reach retirement age, maka segala wang dalam akauns tersebut akan jadi milik you seorang. Tak perlu masuk balik dalam EPF.

    UTC, Public Mutual

  321. #343 by Roy on January 7, 2008 - 4:45 pm

    Terima kasih, En Mohd Basir Ahmad dengan penerangan yang
    panjang lebar siap dengan contoh lagi.

  322. #344 by CHEK OU HOO on January 7, 2008 - 11:00 pm

    It is so interesting to go through your blog which is so informative and impressive. Carry on with the job well done

  323. #345 by Noreliza on January 9, 2008 - 2:03 am

    Hi Su Yee,

    I also agree with your agent advice to invest your EPF into PIDF. Myself has invested in PIDF.
    Date invest : Feb 2006
    Amount : RM2900
    Current value, Jan 2008 : RM4402
    Return : 51.8%
    Annualize return : 25.9%

    But remember, previous performance doesn’t guarantee future performance. Anyway, past performance can be an indicator for us to choose which fund to invest in.

    I also have started my own blog with info of unit trust at
    Feel free to review.

  324. #346 by Mohd Basir Ahmad on January 9, 2008 - 3:16 am

    Year 0, = 100 (10 percent return =10), 100 plus 10 = 110
    Year 1, = 110 (10 percent return = 11), 110 plus 11 = 121
    Year 2, = 121

    Total Return, = 21 percent
    Simple Return, = 10.5 percent
    Annualised Return, = 10 percent

    So, when Total Return = 51.8%
    Simple Return = 25.9%
    Annualised Return = something less than 25%.

    Macamana nak kira ? Basic mathematical equation,
    4402 = 2900 (1 plus R) to the power of 2.
    Solve for R, maka Annualised Return, R = 23.2%

    Total Return and Simple return etc are used for comparions, but to calculate future value or any parameters in the equation, we use Annualised Return (R).

  325. #347 by NeoBlack on January 9, 2008 - 11:35 am

    Haie Irwan & All ….

    Irwan, can u up one column just untuk bincangkan semua risiko yang boleh terjadi akibat daripada pelaburan di unit trust…
    bukan niat nak menakutkan kawan kawan yang lain,
    cuma biar kami yang baru nak belajar pasai Unit Trust nih [terutamanya aku lew..hehehhehe] siap sedia dengan segala kemungkinan yang bakal terjadi….
    well prepared la kiranya….harap boleh la sume UTC & para pelabur yang berpengalaman dapat kongsi the experiences…
    Tq in advance…;)

  326. #348 by Mohd Basir Ahmad on January 9, 2008 - 4:07 pm


    Sila dapatkan Master Prospectus atau mana2 Fund Prospectus, buka Section 2, lihat sub-section on Risk Factors, di situ disenaraikan segala risk yang ada dengan menyeluruh and how those risks are/can be managed.

    In dealing with any topic it is pertinent to get and understand the basic and big picture first. Lebih senang berbincang begitu.


  327. #349 by Ban Lee on January 10, 2008 - 9:11 pm

    Hey, what’s up with Public China Select Fund?

    Price is 0.2485 but its performance chart shows 5.88% gain as at 08.Jan.

  328. #350 by shazli on January 11, 2008 - 1:40 pm

    hi ban lee,

    the launch price of 0.25 was the selling price. so nav at launch was actually 0.23 . the fund was launched in june. in july all unit trust practice single pricing regime. that’s why the return is now 5%.

  329. #351 by chinsiewmei on January 11, 2008 - 6:03 pm

    hi great blog .. love it ..

    may i know what would we put the level of risk for Real Estate Investment Trusts , Exchange Traded Funds, Government – Sponsored UTS ? because in FMUTM notes did not mentioned…

    Thanks in advance…

  330. #352 by Mohd Basir Ahmad on January 11, 2008 - 7:52 pm


    A defensive investment tool based on its return. Similar to any stock or property investment, REITs are also susceptible to the economic downturns. REITs are particularly sensitive to changes in the interest rate nvironment. REIT’s dividend yields correlate positively to interest rate trends. Should interest rates rise, so will REIT dividend yields (i.e. prices of REITs drop, dividend yield increases). An increase in interest rates will result in higher cost of funds for REITs and will also erode its attractiveness compared with bonds and the risk free rate (ie 10 year government bond). REITs are typically benchmarked against risk free rate (as a spread above the risk free rate). Regionally, REITs trade between 100-200 bps over the country’s risk free rate.

    There is a widening gap between average Malaysian REITs against the 10-year government bond yield (risk free rate). The net spread remains wide despite tax incentives given out in Budget 2007. Though we have witnessed yield compression (ie stock price increase resulting in the decrease in dividend yields) in recent weeks, it is believed the gap would continue to narrow in the immediate future.


    Exchange Traded Funds (ETFs) are a cross between index mutual funds and market-based securities. ETFs duplicate a stock or bond market index. They invest in a group of stocks (or sector) or bonds or other instruments which track the performance of an index. ETFs are listed and traded on a stock exchange.

    You may buy or sell ETFs through your remisier or via
    online trading during normal trading hours.

    The performance of the ETF may be directly affected by the performance of its component stocks or bonds.

    Market Risk- Like stocks, ETF share prices are affected by current events, economic conditions, supply and demand, and other factors.
    Tracking Error- Some ETFS under-perform their index. This is primarily due to operating expenses, portfolio diversification rules, and sampling errors when ETFs include just part of an index’s securities.
    Trading Costs- Brokerage commissions are charged every time ETFs are bought and sold. Expenses can be reduced, however, by trading large dollar amounts at one time and using a discount broker.

    Government – Sponsored UTS
    Gained prominence with “merah sangat la Mak Ngah, macam zaman dulu” iklan many years back. Some >26 of them. Most under PNB, with Maybank UT business arm transferred back to PNB, under Amanah Mutual Bhd. Some friend work there.
    Macam ASW2020, the fund targets risk-averse investors willing to forgo high profit.

    Most important, your investment must beat inflation rate, and achieve your financial goal, if not, the value shrink. Might as well just spend em. Selamat Naik.. toll, petrol, kuey-tiaw, crime rates etc etc.


  331. #353 by chinsiewmei on January 12, 2008 - 9:02 am

    Dear Irwan and especially Mohd Basir Ahmad… I am grateful to come across this blog and appreciate the explaination.. thank you very much..

  332. #354 by abubakar on January 12, 2008 - 2:36 pm

    saya baru terserempak dgn blog ni..
    baru sempat baca yg kat bawah2 ni je.. interesting tgk cara en.mohd basir ni explain..
    ok nak tanya satu lah… based on performance yg mcm dasyat dlm public mutual ni.. ada tak possibility kalu saya labur rm100,000 dan pakar utpm bole usahakan utk terkumpul sampai rm 1 juta dlm 5 tahun… agak2 mustahil tak..? atau ada cadangan atau pandangan lain… tq bebanyak

  333. #355 by Fazrul on January 13, 2008 - 12:38 pm

    Hi Guys,

    Any1 knows of any monitoring tools out there for unit trust? I hear that depending on DCA alone may not be such a good idea and that at times is best to swicth between funds to get out of big downfalls. Kindly comment on this.

    Secondly, based on MAAKL’s website, the firms looks pretty credible as well, with weekly and monthly reports as well as monitoring tools.

    I wish there was tool out there where we can collectively monitor all funds regardless of where we buy from (Public, MAAKL, CMS). Anyone knows of any?

    Btw, can Integrastock be used to monitor unit trust? or can they be used only to monitor stocks?

    What is your view on CMS trust funds? They seem to be performing well.

  334. #356 by Hazley on January 13, 2008 - 7:56 pm

    Hi Everybody,

    I’m new in this area, possible to email me ragarding Public Mutual Unit Trust. Would like to invest certain amount.



  335. #357 by shazli on January 14, 2008 - 9:59 am

    hi fazrul,

    i have this monitoring system called d-solution, you can install it in your laptop. it can monitor most funds from all the unit trust companies in malaysia.

    in my opinion, at this juncture, DCA is a good practice since we are not far from a new economic cycle. it works best in a downturn market

    cms funds are doing very well right now. but if you are looking for a consistent return and preservation public mutual is the one you should invest in. public mutual is design for long term investors. fund house like cms, cimb, osk perform well in the 1 year category. in a bullish market, they boast of having the best returns. however going for 1 year return is very risky because bull run dont happen every year. public mutual won most of the awards for 3 and 5 years category.

    pls do not hesitate to call me if you want futher clarification. tq

    shazli azlan
    agency supervisor
    public mutual berhad

  336. #358 by Piji on January 14, 2008 - 10:48 am

    Mr. Shazli, since I’m in the mood of reading about one thing, I’m particularly interested reading your line “..since we are not that far from a new economic cycle. it works best in downturn market”.

    I don’t have a personal matured experience regarding this cycle, but I guess the same thing happened just before we celebrate alaf baru 2000.
    Our GDP plummeted 7.5% but gained 5.6% in about 2 year’s time. 2 years of pain (BLR twice as high as an example) and 8 years of rejuvenating fruits. Watch out and be prepared, loan takers!

    Have faith in the Government of Malaysia, we strive before and will strive nonetheless. Long live Jalur Gemilang and the Nation of Malaysia!

    p/s: No, I’m not poyo and I’m not defensive. I just got extra 2 cents to be given away.

  337. #359 by mimi on January 14, 2008 - 10:28 pm

    ada tak agent public mutual yg young lady yg bole dihubungi..? cuma preference saja… sebab young lady biasanya more convincing….

  338. #360 by Arif Ismail on January 14, 2008 - 11:34 pm

    Hi Fazrul et al,
    It has been long time I have not visited Irwan’s site. Just to give you some input that there are two popular Unit Trust Tracking tools that can monitor all unit trust funds in Malaysia. 1. 2. d-solution.

    I used d-Solution extensively. So I can only comment on d-Solution. To me d-Solution is good is that you don’t need internet access to analyse your portfolio. You download all the funds prices thru the internet once, then you can analyse it offline.

    I recommend to all my agents to use d-Solution when they have more than 15 clients to manage.

    Arif is conducting a 2008 Unit Trust Business Seminar at Level 50 Menara TM, Jalan Pantai Baru KL on 26 Jan 2008 (Sat) 10:00am to 11:59am. If you would like to attend his FREE seminar, register at

  339. #361 by Noreliza on January 15, 2008 - 12:47 am

    Hi Mimi,

    Feel free to review my blog at .I have some brief idea with regards to Public Mutual unit trust investment.
    Me and my team is currently having a Public Mutual roadshow(booth) at Technoflex, TPM Bukit Jalil from 14th until 18th July 2008 to promote EPF Investment Scheme.


  340. #362 by rokibru on January 15, 2008 - 3:04 pm


    I am quite dissapointed with your comments on other companies. Please do not shoot down your competitors, especially not in public.

  341. #363 by chinsiewmei on January 15, 2008 - 5:11 pm

    hi, i have question. I saw some UTS has 0% service charge. how PDUT earn from it ?

  342. #364 by shazli on January 15, 2008 - 5:21 pm


    firstly, just to correct you, u spell my name wrongly. secondly, go and get yourself a copy of personal money magazine, look at edge lipper and star/standard and poor’s rating. i said those companies perform well in the 1 year category. once you do that, you let me know whether im shooting down companies or telling the truth.

    edge-lipper and star/standard and poor are 2 main independent bodies that rate fund performance in malaysia. investors should have a look at those ratings before deciding on which utmc should they choose based on their prefered duration and returns.

  343. #365 by Piji on January 16, 2008 - 2:13 am

    US has already fallen into pre-recession phase. Lets hope that it won’t effect us that much. Spend our money because we don’t have anything to be worried about. Let us keep Malaysian economic engine going by spending like we usually do! ^_^

  344. #366 by Zulkifli Adnan on January 17, 2008 - 5:28 am
    contact me if interested to invest.tq.
    zulkifli Adnan
    agency supervisor.

  345. #367 by Hafiz Ambar on January 21, 2008 - 3:47 pm

    Hello everyone, I am Hafiz bin Ambar from CIMB Wealth Advisor..let me share with you all what we have to offer you…

    CIMB Wealth Advisors Berhad menyediakan pakej dana unit amanah untuk individu serta syarikat di dalam Malaysia. Kami menawarkan pelbagai gaya pelaburan dalam memenuhi keperluan pelabur/penyimpan dari dana pulangan tinggi hingga ke dana minima risiko. Unit amanah adalah simpanan atau pelaburan berkelompok yang mana simpanan pelabur akan diuruskan oleh pengurus dana profesional di dalam dana yang istimewa di bawah CIMB Wealth Advisors Berhad. Keistimewaan utama menyimpan di dalam unit amanah CIMB adalah pulangan (keuntungan) yang bakal dinikmati oleh pelabur seminimum 10% hingga 15% setahun, yakni lebih tinggi berbanding mana-mana simpanan di dalam Malaysia.

    Jika dilihat prestasi ekonomi semasa, ini adalah masa terbaik untuk para pelabur/penyimpan untuk mula melabur/menyimpan dalam program jangka masa sederhana hingga panjang (3-5 tahun) kami. Dengan pulangan seminima 10%-15% setahun, sudah pasti akan memberi pulangan yang lumayan di masa hadapan dalam memenuhi keperluan hidup mendatang. Dana-dana terpilih dalam CIMB Wealth Advisors Berhad seperti SBB Dana Al-Mizan, SBB Dana Al-Ihsan 2 dan sekarang kit telah menjalani penjenamaan dana-dana kami kepada CIMB sendiri. kami yang mempunyai rekod prestasi yang memberangsangkan sudah pasti akan menjadi pilihan
    utama para pelabur.

    CIMB Group secara prinsipalnya adalah gabungan antara Bumiputra Commerce Berhad (BCB) serta Southern Bank Berhad (SBB), dan adalah institusi kewangan kedua terbesar di dalam Malaysia. CIMB Wealth Advisors Berhad di bawah anak syarikat CIMB Group memberi khidmat perunding kewangan profesional melalui pengagihan dana pulangan tinggi yang terbaik serta berprestasi tinggi. Terdapat 18 SBB dana konvensional dari pelbagai kelas aset dana dan 9 SBB dana Syariah yang tertakluk pada syarat-syarat Syariah, semuanya di bawah CIMB Wealth Advisors Berhad. Oleh itu, kami ingin berkongsi kebaikan menjana kewangan anda di dalam CIMB Wealth Advisor Berhad.

    Hubungi saya bila-bila masa untuk mendapatkan penerangan lebih lanjut secara percuma di tempat anda:


    Agency Supervisor/ Unit Trusr Consultant

  346. #368 by Zulkifli Adnan on January 21, 2008 - 9:10 pm



    • #369 by Khairil Redzham on May 23, 2008 - 4:18 am

      this is a false claim! this is wat unethical agent do say most of the time…

      the example in front of ur eyes oledi!

      Can this ‘GUY’ remain wif his statement athe the end of this 2008…u see the result soon ok!

      After all, its depend on how market is performing…and wat is the NAV u buy on that time…so suppose NO FALSE CLAIM like the above mentioned as different people will have different profit:)

      and as far as i concerned…most of the UT fund here in malaysia r giving more than 20%-50% profit to the investor…doesnt matter whether PM, MAAKL, OSK, CIMB, Prudential etc..

      Find an ethical consultant to monitoring ur investment all my frenzz:)

      • #370 by shamsinar on May 23, 2008 - 6:47 am

        100% agreed with you.
        Frankly …i never tell my pot client that unit trust will give as high as 20% because all depends on the market and also the performing of the funds.

        At conservatif, 10-15%. If they get more than that, IT’S A BONUS FOR THEM.

        Consultant……be realistic…

  347. #371 by johan. on January 22, 2008 - 12:34 pm

    cimb suck.i prefer public mutual.

  348. #372 by bakalejen on January 22, 2008 - 4:10 pm

    nampak trend makin turun harga.. org kata elok beli masa harga rendah.. tapi ada idea tak, dia bole turun lagi ke ni.. sebab supaya bole beli masa dia murah giler…

  349. #373 by Roy on January 22, 2008 - 5:03 pm

    En Zulkifli

    Apa pendapat you, masa beli China Fund 0.25 sekarang tinggal 0.2042 patut ke I simpan lagi? Dalam situasi yang begini boleh ke gain profit 20% – 25%dividen 1 year?
    Terima kasih.

  350. #374 by Stella08 on January 25, 2008 - 4:35 pm

    Hi, I am really new at this Unit Trust….so I hope you all can give me some info on how to do investment with small capital, btw i am a housewife in Labuan with the intention to upgrade my financial freedom. Thank You.

  351. #375 by swami on January 25, 2008 - 6:05 pm

    dear stella i am swami with public mutual full time i would appreciate it if u could contact me at Perhaps i can work out your portfolio before i share some info tq

  352. #376 by swami on January 25, 2008 - 6:11 pm

    hi kawan kawan public mutual dan semua utc layan web kwsp untuk dapat
    info terkini pengeluaran kwsp .Berita terkini.tq

  353. #377 by Elyas Ariff on January 28, 2008 - 11:20 am


    I’m interested of investing my EPF to Public Mutual UT, (correct me if im wrong)

    I would like to know how the steps and the process taken?

    • #378 by shamsinar on May 23, 2008 - 6:50 am

      Salam En Elyas…..

      can i have your email add so that i can explain more and maybe open your eyes a little bit on choosing the correct fund and etc.

      mine is / 012 3716747

  354. #379 by shazli on January 28, 2008 - 11:29 am

    salam mr. elyas,

    i’d be very happy to help you make the investment. let’s meet up so that i can show you an effective strategy when investing through your epf.

    Shazli Azlan
    Agency Supervisor
    LVG Consultants
    Public Mutual Berhad
    h/p: 016-2336440

  355. #380 by CHEK OU HOO on January 28, 2008 - 4:04 pm

    whoever can share how good unit trust can improve and let our money grow is most welcome to share his/her ipinion.


  356. #381 by zulkifli adnan on January 28, 2008 - 9:49 pm

    yes we still can make profit eventough market fall. objective invest in unit trust middle to long term investment. dont speculate when you invest in unit trust. let our fund manager play thier role. every day is right time to invest. top up your investment when market down. becoz unit prize is cheaper. it increase unit that you buy in unit trust. anything inquiry please contac me 0137919951 or interested invest with me… tq-

    zulkifli adnan
    agency supervisor

  357. #382 by angah64 on January 29, 2008 - 10:09 am


    can anyone recommend any UTC for me to make investment? EPF has come out with the new policy. I am very interested to make my money work harder.

  358. #383 by naan on January 29, 2008 - 10:23 am

    Angah64, you may contact me thro email or sms me.
    I’m listed in Irwan’s agent directory.

    Rosnani – Investment Consultant
    Public Mutual

  359. #384 by kamil64 on January 29, 2008 - 8:36 pm

    sy bminat nk jd agent…stay di ipoh…
    kalau ada sesiape yg boleh bantu recruit sy…plz contact sy

  360. #385 by ZULKIFLI ADNAN on January 30, 2008 - 7:05 pm

    if anyone interested to invest via cash or EPF please contact me. if anyone become an agent please contact me.tq

    zulkifli h/p 013-7919951.
    agency supervisor
    public mutual bhd

  361. #386 by angah64 on January 31, 2008 - 9:39 am

    anyone can explain the new epf investment policy that will be introduced this february 🙂

  362. #387 by tgyasmin on January 31, 2008 - 2:15 pm

    Hi all…

    really intrested in Public Mutual..i am really new at dis Unit Trust…hope you all can give me some info on how to do investment with small capital.

    btw i am a housewife wif the intention to upgrade my financial.byk lagi yg x faham n ingin penjelasan terperinci..
    Thank You.

  363. #388 by naan on February 1, 2008 - 12:02 am

    This is response to angah64 Q’s

    Beginning Feb 1, younger EPF members will be able to make withdrawals from their accts for investment.

    This is under the EPF’s new “Beyond Savings” scheme where members can withdraw a portion of their savings from their Acct 1 that is in excess of a “basic savings,” which varies according to age.

    This basic amt increases accordg to age of the member.
    Under the new scheme, members can withdraw up to 20% of the excess amount once every three months.

    For example, the basic savings amount for a member aged 25 is RM9,000 while a person aged 35 must have at least RM29,000 before he can make a withdrawal.
    Eg. Person aged 35,
    Amt in Acct 1 = RM 100,000
    Less Basic Saving – 29,000
    20% of 71,000 = 14,200
    Max Amt. allowed to invest is RM 14,200

    I hope the explanation is clear. Do call me or email if u need further explanation.
    Rosnani – Public Mutual Consultant 019-2687800

  364. #389 by naan on February 1, 2008 - 12:12 am

    Sorry, correction…..

    EPF’s new “Basic Savings Plan” …..not Beyond savings

  365. #390 by skeper on February 1, 2008 - 12:35 am

    hi all,

    I myself invest in PM but be wary of advices you get from you agents. My agent is my husband’s friend so easy for me to find her if something goes wrong. I mean there lots of not trustworthy. I’ve mixed with all kinds of agent (insurance, unit trust and MLM) from different companies and I heard a lot of stories about agents’ misconducts. Make sure you understand what you are getting into. Ask the right questions. Read and surf the net for info that your agent wouldnt tell you.

    Most important is that you should know how to track your investment. In case your agent goes missing or died or etc. you know what to do with your investment. And if the agent does something to your investment i.e. sell without your permission you would know by reading your statement.

  366. #391 by skeper on February 1, 2008 - 8:36 am


  367. #392 by skeper on February 1, 2008 - 8:58 am

    i tried to write last nite but failed to send my comment.
    here’s what i learned thru reading and people’s experience:
    1) dont trust agent 100% – sorry, i am not badmouthing agents but they have their own objectives and you have yours. there may be some differences.
    2) basic principle in investment – buy low sell high. eventhough your agent may say, their profit made since 2005 to 2007 is 40%, past performance does not guarantee future performance. but you can if you know the company has been performing well consistently regardless of economic situation. it’s good to buy newly launched funds
    3) diversify. you can buy other fund within the same company and you should buy funds from different companies especially those newly launched. also diversify in terms of type of fund i.e. balanced, equity, fixed income etc.
    3) identify your risk appetite. set you profit target. dont be too panic if market goes down or overly excited if market goes up especially bursa malaysia especially the the impact due to the forthcoming election (my remiser explained me the actual fact). as we all know, UT investment is for medium to long term so, relaxed.
    4) make sure you know how to track your investment. let you agent teach you how. you may want to consider a full-time agent as he will normally be there as opposed to a part-time agent, 1 or 2 years down the road he may disappear. and you are left in the dark not knowing what to do with your investment.
    5) read books on investment. all type of investments. diversify.
    6) Read and understand the prospectus.

    last but not least, Personal Money Feb issue lists top performing and worst performing funds.

  368. #393 by Roy on February 1, 2008 - 10:52 am

    Kalau KLSE tutup tetapi bursa-bursa lain buka seperti Hong Kong,Jepun, Taiwan adakah prestasi hari tu diambil kira for closing price untuk funds PCFS,PBCPEF dan PCIF(contoh je)?

  369. #394 by skeper on February 1, 2008 - 11:35 am

    as for me once i invested (at opening price) i never bother to check the bursa or share market everywhere. this is a medium to long term investment so let’s see the return given the period of time.

    some people invested after the launching period closes, so at that time price drops so you get a chance to buy at lower price.

    i invested in Public China Ittikal, but in Personal Money one of the investment expert says “least preferred: china”. some prefer hong kong, taiwan, japan. but i guess china is rapidly developing so everybody wants to tap the market. but it’s ok, yang penting diversify your investment.

    There are some other good funds/ UT companies you’d consider to buy/buy from.

  370. #395 by KHToh on February 1, 2008 - 12:22 pm

    Hi Friends,

    My Name is Toh, an Unit Trust Consultant. This is my first time to join here.
    Nice to meet you all.
    I am from Penang. Who are interested / new in unit trust, you may contact me so that i can explain to you further.
    Now it is the right time to put your money in unit trust.

    Public Mutual
    Unit Trust Consultant

  371. #396 by Noreliza on February 1, 2008 - 1:57 pm

    Salam to Irwan’s fans out there,

    EPF has annouce the new EPF Investment Scheme.I have a new post in my blog as well on how to calculate the amount that can be invested with this new scheme.Now, even young EPF contributor can start to invest in unit trust by using this scheme.

    Feel free to visit

    Selamat Melabur 😀


  372. #397 by shazli on February 1, 2008 - 10:26 pm

    i agree with skeper. take note of his comments. i declare jihad against irresponsible and unethical consultants (agents). a lot of them out there. so beware!

  373. #398 by Abdullah on February 3, 2008 - 11:50 pm

    Hi Everyone,
    I am a unit trust consultant with Public Mutual in Kuching. If you would like to know about investing/saving in Unit Trust or to become a consultant yourself you are welcome to contact me at 019-8278489, or email:


  374. #399 by skeper on February 7, 2008 - 1:07 am

    For people who have a big amount of money, it’s advisable to engage a certified financial planner (CFP).
    They have studied all financial instruments and will be most suitable person to advise (UNBIASEDLY) you in financial planning – be it investment, retirement, mortgage, insurance etc.

    I hope I can afford their service fee.
    ANYBODY OUT THERE IN FINANCIAL PLANNING? – i mean registered with FPAM? Or anybody familiar with this, hope can enlighten me on the service fee?

  375. #400 by Flanker on February 7, 2008 - 7:00 pm

    Hello there, i’m a new ‘investor’ with this PM bout 3 month ago. Currently i invest with 2 agents in 2 diff. funds i.e PCIF & PBIASSF. with that funds i’ve already invested 4K with gradual topup money of RM500 respectively. Can somebody plz tell me is it okay with what i’m doing now or is there any better fund since my agents promoting ‘their own fund’ and say their fund is the best..

    plz..since i plan to ‘dump’ a lot sum of money 4 next coming months..


  376. #401 by Husna on February 8, 2008 - 1:21 pm

    Hi Flanker,
    I have been investing in 2 different companies (cimb and public mutual) for the past few years (both from EPF and cash investment). And frankly speaking, Public Mutual unit trust investment are much more better than CIMB. Their returns are a lot more than cimb.

    But as the other people has said, previous return does not promise future investment. anyway, in every single move we made in life, there are always risk about it.

    As for me, since you have started investing, please continue. And if you have extra cash to invest, you may start investing in Public China Ittikal Fund (PICF) which I personally feel it is a good investment since this year Olympic Sport event will be held in Beijing (

    Please ensure your agent will keep track the price and inform you at least every 2-3 months.

    Good luck with your investments!

    Please feel to contact me at or 019-324 4972 for any advice on unit trust investments.

  377. #402 by Abang An on February 8, 2008 - 3:16 pm

    Hi Arif Ismail,

    Software d-solution boleh download percuma ke?
    Harap sudi membantu.

  378. #403 by skeper on February 9, 2008 - 11:02 am

    Hi Flanker,
    cuba try fund company lain yang bagus2 jugak – i.e. OSK, MAAKL Mutual, CMS.. apa2 je la yg tgh harga rendah espeseli baru launch..
    Diversify je – orang cina ckp (translated) “dont put all your eggs in one basket”

  379. #404 by CikPuteh on February 9, 2008 - 12:00 pm

    Betul ke orang cina yang cakap tu??..bukan mat salleh ke?hehehehe…mat salleh kot…kan?kan?kan?

  380. #405 by affanddy on February 10, 2008 - 12:54 am

    Dear kengkawan, Assalamualaikum and good day.. saya dari Alliance Investment management. Small company but big potential of growth. Saya setuju dgn Skeper dan cik putih. kekerapan melabur adalah yang terbaik.. yakni beli byk unit mase murah. beli ckit mase unit mahal. by parking our investment kat money market.But keep maintain the investment momentum.

    Just want to share; with alliance product Dana Adib 3 years gain was 74%. and among the most consistent aggresive fund in market. Dana lain bagus-bagus but the more you diversified. the risk will go less.. “Alliance Dana Adib Fund and Alliance Islamic Money Market Fund, were ranked top 10 in the world in the Islamic funds category by Eurekahedge, the world’s largest independent hedge fund research company”

    Just don’t blind your eyes with the award.. coz the malaysia biggest unit trust company manage around 60 fund and about 10% are really performing.

    the key here is diversified…

  381. #406 by skeper on February 10, 2008 - 7:38 pm

    Hi, CikPuteh,
    Ekceli memang gitu yg saya dgr, but i read sumwhere that pepatah tu pun ada gak dlm bahase cina.

    Ni petikan saya jumpa dari 1 blog:
    “Apa yang lebih baik adalah mencari dana yang menepati objektif pelaburan anda. Lagipun membeli dana yang sudah memenangi anugerah, menunjukkan anda terlepas untuk menikmati pulangan tersebut kerana ia adalah berdasarkan prestasi yang lepas.”

    So jgn pandang award semata.

    yang penting sesuai ngan risk appetite and objective. DIVERSIFY jgn lupa

  382. #407 by Flanker on February 10, 2008 - 8:50 pm

    Hi Husna, Skeper, CikPuteh, affanddy

    Thanks 4 ur comment/suggestion. Ade simpulan bahasa cina yg mnyebut “terima kasih daun keladi, kalau boleh hendak lagi”.
    Now i know that instead of PM, there are many other UTs to choose from, but to find it ‘suit with our appetite’, we have to test it first right?.

    May i ask Mr SKEPER, since u are suggesting we should diversify with other UTs such as CMS, MAAKL, OSK… i asssume u have made a move to diversify ur invstment. So, what is the outcome?..Is it better than PM or are u try to suggest that we should “letak telur dlm banyak bakul, kalau satu bakul jatuh, ade bakul lain…walaupun bakul lain tu x dpt memberi telur gred terbaik macam bakul cap PM ?”

    Sorry for my question if it sounds like ‘virgin’ person who wants to know much about PM.

    Thanks ya..

  383. #408 by Pantera on February 11, 2008 - 8:47 am

    En Affandy

    Are you referring to PM? Would appreciate if you could substantiate your statement i.e “about 10% are really performing”

  384. #409 by skeper on February 12, 2008 - 1:43 am

    Hi Flanker,

    Firstly, saya bukan agent dari mana2, tapi saya agak familiar dgn UT investment.

    Yang saya cakap ni thru reading financial books and websites from Certified Financial Planner and forum2 kat internet ni. Dan quote yang saya ambik tu dari orang yang memang expert in Financial Planning, including investment.

    Nak pilih UTMC pun tengok la profile and background dulu, experience fund managers etc – baca prospectus.

    Ekceli Saya nak cite pasal ni panjang tapi u boleh cari info2 pasal FP ni kat internet. Saya bukan niat nak downgrade PM, saya cuma nak bgtau some other info that might be useful. Diversification – not only in UT but other type of investments also i.e. property, shares.

    i myself invested in PM – ittikal china. and i just called my agent asking about EPF withdrawal scheme. Yes, I plan to invest more in PM.

    YOu cakap “letak telur dlm banyak bakul, kalau satu bakul jatuh, ade bakul lain…walaupun bakul lain tu x dpt memberi telur gred terbaik macam bakul cap PM ?” – bukan lah saya nak cakap bakul lain lagi bagus dari PM, sebab saya pun invest in PM dan tgh nak tambah lagi investment tapi at the same time and tgh tgk bakul lain jugak ni. of course good bakul la.

    BTW, ni ada satu petikan saya baca from a CFP. Maybe u boleh tanya your agent to help you to plan your investment portfolio.

    Your first step should be ‘asset diversification’, more commonly referred to as asset allocation.

    This decision is greatly dependent upon your risk profile, your key investment objective and your relevant investment time horizon. Only after you have decided on your asset allocation should you then decide upon your ‘fund diversification’.
    According to a groundbreaking study by The Financial Analysts Journal, approximately 91.5% of a portfolio’s total returns depend on how you allocate your money among various asset classes, namely different types of stock, bond and money
    market investments.

    The bulk of the remaining 8.5% contribution toward total returns is dependent upon stock selection and market timing.

    Your second step of diversification is ‘fund diversification’. Once you have determined your asset allocation, you should then select a few funds within each class of assets. However, if you aren’t investing a huge amount of money, it may not make sense to spread your resources too thinly by investing in too many funds within each asset class.

  385. #410 by skeper on February 12, 2008 - 1:47 am

    You cakap “kekerapan melabur adalah yang terbaik.. yakni beli byk unit mase murah. beli ckit mase unit mahal. by parking our investment kat money market.But keep maintain the investment momentum.”

    Do u mean melabur lebih RM bila unit price rendah? or same amount tapi dpt byk unit.

    I just discovered today the difference between dollar-cost averaging and value-cost averaging. Ikut kefahaman saya u ckp atas tu is value-cost averaging – betul ke? actually the whole tu saya tak faham, boleh explain maybe boleh tambah ilmu. tq

  386. #411 by skeper on February 12, 2008 - 2:06 am

    Some more info.

    Just to share. Pardon me, I just love to share info.


    The three criteria for successful unit trust investing are Diversification, Proper Selection of Funds and Constant Monitoring.

    Diversification means different things to different people. For many unit trust investors it simply means not putting all their economic eggs into one financial basket. Depending on the mindset of the people concerned, this could further translate
    into not putting all their money earmarked for investments into one particular fund or into a single asset class of unit trust funds or even into one unit trust management company.

    The greatest benefit of diversification is reduction of investment risk.
    It is vital to understand that investment returns are always a function of investment risk. Generally speaking, the higher the sought after investment returns are, the higher the associated risks.

    Therefore, you should understand the various classes of unit trust funds before investing. There are three broad asset classes based on risk.
    The highest risk is associated with the Equity Class. Second is the Bond Class. And third and lowest is the Money Market Class.

    The most basic question you must ask yourself when you decide to buy a particular unit trust fund is what asset class does it belong to: Is it an Equity, Bond or Money Market fund?

    Proper Selection of Funds.
    Once the very important diversification issue is taken care of, how exactly to choose appropriate funds becomes a priority.

    Often investors are lured into buying funds that have previously won awards. While it is understandable that award-winning funds are attractive by virtue of their pedigree, it really is very important for you to understand that yesterday’s fund performance winner may not be tomorrow’s champion.

    Buying a fund simply because it has won an award is like betting on the horse that won the previous race. Furthermore, even if you have selected an award-winning fund, it still doesn’t mean that your personal returns are going to be the same as that of the fund.

    [My fair comment – you may consider this by looking at the proven track record and consistent performance like PM].

    Constant Monitoring
    After taking care of the important issues of diversification and the proper selection of funds, it becomes crucial that an effective monitoring system is put in place to track the ups and downs of your portfolio. The absence of such a system is the most common reason why many investors fail to do well in unit trust investing. The vast majority of Malaysian unit trust investors do not have access to such a system. Sadly, this is also true of most unit trust agents! [My comment: I know now agents have access to tracking system. My agent showed me once]

    Nonetheless, most investors expect their agents or the banks that sold them their funds to also monitor those investments for them. Unfortunately, this doesn’t happen very often.

    [My comment: Agents must educate their client on how to track investment]

  387. #412 by jkcl on February 12, 2008 - 11:04 am


    I totally agreed with Skeper. Award winning funds may not necessary be the best fund of all, and may not necessary suit your investment appetite. You have to diversify across various asset classes (property e,g, reit, bond, equity, commodity) and across various UT companies. Not all the funds performing all the time. If a fund is going upward all the time, it is not good for the investor as many can’t practise the dollar cost averaging strategy and it is abnormal and not possible to happen too.Yes, before you invest, do not miss the steps: study your UT companies financial background and then fund managers expertises, then fund’s objectives and consistent performance for at least past 2-3 years. Then look into your financial goals and objectives, re-strcuture your investmnt portfolio according to your risk profile and age. For example: A 55-year old retiree may have a different risk profile and financial goal compare to a 23 years old young adults.So if you are lazy to do this, make sure you look for a responsible and reliable agent to give you proper advise but do not let them decide for you.

    from: CIMB Wealth advisors AFP consultant

  388. #413 by Shima on February 12, 2008 - 4:31 pm

    Since your agent is your husband’s friend perhaps you can introduce your agent to me. I’m a new learner but hope to meet an agent who I can trust to be my agent.

  389. #414 by skeper on February 12, 2008 - 6:01 pm

    Hi Shima,
    I cant disclose her phone num here.
    Please email me at
    I will let you know her phone number.
    She is good and efficient.

  390. #415 by lailamajnun on February 12, 2008 - 6:18 pm

    just one quick one… katalah kita dah pernah invest dgn satu ejen.. lepas tu kalaulah (atas sebab2 yg tertentu, eg. ada ejen baru yg cute dtg promote dan kita convinced, contoh je lah) kita nak invest thru ejen lain tapi company unit trust yg sama bole ke..?

  391. #416 by MR. Young on February 12, 2008 - 11:26 pm

    Hi, nice discussion here.

  392. #417 by angah64 on February 13, 2008 - 1:34 pm

    greetings to all..

    so,since the market is not doing very well nowadays, price pn tgh turun naik je, any indication when will it recover? is it bcoz of the rumours of the coming election affect the market? or any other forces that lies behind it. can anyone share their tots?

    i have just started my cash investment with PB end of last month since the price is low at the moment.planning for my EPF soon.

  393. #418 by Kak Naan on February 14, 2008 - 12:15 am

    To answer lailamajnun’s Q, YES, since you just cannot resist that certain hunk and macho agent or the cutie pie that approach you. You certainly can invest a different fund with that unresistable agent. Eg. PM cute Agent1- PIDF
    PM macho Agent2- PCIF

  394. #419 by CikPuteh on February 14, 2008 - 1:48 am

    Nak sambung sikit je yang Kak Naan punya answer to lailamajnun.Boleh tu memang la boleh tapi takleh switching between that 2 funds.Mana la tau esok2 nak switch pulak kan.Nak lock profit ke ape ke.Tapi kalau rasa x akan switch, go ahead.3 ke 4 agent pun boleh.Bagi kawan tu sikit, kawan ni sikit.

  395. #420 by lailamajnun on February 14, 2008 - 2:24 pm

    Terimakasih bnyk kpd reply dari kak naan dan cikputeh… really appreciate your pandangan… tapi utk lebih clear sikit, kalau dgn ejenPM-macho kita dah invest pcif.. dan kendian dtg lak ejenPM-cute juga kita invest dlm fund yg sama, i.e. pcif… tak jadi masalah ke..? (ini mmmg kisah benar)… harap dapat penjelasan… honestly, yg buat lebih terdorong dgn ejenPM-cute yg dtg kendian tu bukan pasal cute dia je.. tapi biasanya sebab ejenPM-macho dulu tu hanya dtg sekali sekala bila nak sign utk epf je.. di lain kala, hanya pandai2lah si investorPM-cute ni tanya2 org lain…

  396. #421 by matbond on February 14, 2008 - 3:54 pm

    ok nak minta advise dari agent utpm…
    kalau kita chk web site public mutual.. situ ada harge unit trust tu kan… tapi kalau kita beli masa hari tu (samada dgn agent atau buat sendiri kat public bank), adakah itu harga yg kita dapat.. atau harga esoknya…?

  397. #422 by Kak Naan on February 14, 2008 - 5:01 pm

    Matbond, harga unit trust ikut forward pricing, iaitu harga kehadapan. Kalau nak dptkan harga closing hari ni, kena submit sblm pukul 3:30 ptg kalau customer submit sendiri. Kalau agent, kena submit sblm pukul 2:30 ptg.
    Kalau cash investment, submit kat Public Bank ikut waktu operasi bank. So kena submit sbelum bank tutup.
    Kalau submit selepas waktu2 tersebut diatas, so u akan dpt harga closing keesokan hari, the next day’s closing price.
    Sesiapa yg nak explanation lebih2, bolehlah hantar email at

  398. #423 by Kak Naan on February 14, 2008 - 5:12 pm

    Lailamajnun, sbb u rambang mata….no problem. Public Mutual dah anticipate dah… akan ada org mcm u ni….hehehe. You can invest dgn byk2 agent, invest same fund pun boleh bcos it will be assigned different account no. Kalau nak buat switching, between funds under the same agent only. As long as u boleh manage, no problem. Mcm u main kayu tiga lah….. asalkan u tak kalut, no problem. Hahaha……….

  399. #424 by lailamajnun on February 14, 2008 - 5:38 pm

    oh tq kak naan… tapi kan, at the end payah lah pulak jadinya kalau main ramai ejen ni ya….. rasanya tak terlarat (atau tak pandai) kot nak manage sendiri2 ni.. takkan asyik bila nak switch je, kena chk dulu, ni ejen yg no-berapa ni.. habis tu, takkan kita nak cancel ejen2 yg dah kita ter’goda’ (maksud saya yg kita ter-convinced) tu utk pakai single ejen je… bole ke cancel… kesian saya yg musyhkil ni…

  400. #425 by Kak Naan on February 14, 2008 - 6:43 pm

    If possible, stick to just one agent. One that is committed and provide good service. If the cutie-pie agent is very professional, then buy add’l funds or top-up funds from him. Yr other funds from another agent, just leave it and when you’re happy with the returns, just redeem. Hope this helps.

  401. #426 by lailamajnun on February 14, 2008 - 6:49 pm

    tq tq tq kak naan… rasanya tu lah yg terbaik buat masa ni kot
    .. simpan je yg keruh sambil cari yg jernih (pernah dengar tak peribahasa ni.. hehe)… btw, great advise…

  402. #427 by matbond on February 14, 2008 - 9:33 pm

    terimakasih bebnyk kak-naan atas penerangan tu…

  403. #428 by Flanker on February 15, 2008 - 5:14 pm

    Thanks a lot to “Puan Skeper”…byk org panggil SKEPER ni sbg “Mr”..act. “Madam” laa..
    Thanks 4 ur superb advice, suggestion, awareness..better than some agents i’ve asked about UT..

    btw…where is the Mr Mohd ‘you the man’ Basir Ahmad gone?…
    sometimes feels like ‘rumah tanpa tiang seri’ without his comments..hihi

  404. #429 by Chyntia Chvatal on February 15, 2008 - 7:04 pm

    hi everyone..nice discussion

  405. #430 by skeper on February 15, 2008 - 9:35 pm

    Flanker…(mr. ke?)..
    mmg la saya puan sebab saya ada ckp “my husband” (aisemen..jatuh saham).
    saya buleh bg independent view lah sbb saya bukan ejen lagi (not yet).
    but my ejen yg sgt2 efisyen tu duk ajak jadi ejen jugak. ejen2 lama PM mesti kenal la kut GAM ni top 3. nama rahsia.

    ekceli byk ejen yg akan suh kita invest in 1 fund aje contoh my colleague, ejen from TA, at that time TA cuma ada TA Islamic (or may be still like that). every 3 months datang utk tambah EPF investment, the same fund every time.

    saya pun baru2 ni discover about diversification v/s market timing. yg mendatangkan byk untung ialah diversification, bukan market timing. so those yg tanya pasal index KLCI naik turun toksah risau..u can invest anytime yg penting u diversify.

    ni bukan saya yg cakap but 1 of CFP. kita pakai la ckp org expert.

    sapa2 nak artikel menarik bout investment ni buleh email saya

    btw, sapa2 yg ada invest in property, boleh la share tips ngan saya, saya baru nak belajar.

    thanx irwan coz buat blog ni mengisi masa lapang saya

  406. #431 by skeper on February 15, 2008 - 9:49 pm

    nak tanya pasal switching.
    perlu ke nak switch byk2 kali everytime market naik or turun sbb UT ni for long term kan?

  407. #432 by CikPuteh on February 15, 2008 - 11:39 pm

    hi skeper & flanker,
    i pulak dua-dua i pratice kan. Diversified and topup on existing fund.Contohnya tiap kali ada new fund i akan invest untuk grab opportunity free unit atau discount service charger dan salah satu cara untuk minimize risk.Ataupun masa kejatuhan pasaran saham yang teruk i akan topup or invest lagi.Untuk PIDF pulak i keep on topup on it.In 2 years i dah make more than 40% return.
    Actually, diversify atau top up on existing fund kedua-duanya pun bagus sebab public mutual punya fund memang bagus.Pasal switching pulak i tak berapa gemar sebab untuk long term. Unless in 1 year fund tu tak berganjak @ tak perform.So far x pernah lagi switch.Bagi i la kan, its depends on your objective. If 1 day investment kita give return yang kita target, redeem je.Lepas tu invest fund lain yang ada potential juga.Atau biar je fund kita yang bagus tu perform by it self.I pernah tengok iklan public mutual, PITTIKAL gave 100% in 5 years.Maknanya simpan 5 year and tak switch la tu. if switch, not sure whether can get that much or less.Better something than nothing.

  408. #433 by skeper on February 16, 2008 - 6:41 am

    oo.. betul la strategi cik puteh ni.
    sbb ejen saya pernah cakap one of dia punya client punya old ejen duk main switch suka hati je fund kawan tu.
    yang saya tau most of UT co bagi free switching sekali je kan after that kena caj.
    then bila dah main switch2 tu unit pun jd different sbb depends on price fund yg nak di switch to pulak kan?

  409. #434 by OHCHEK on February 16, 2008 - 8:05 am

    hi everybody, I think we must use the proper languages. Don,t mix like rojak. It is so difficult to understand. ok

  410. #435 by matbond on February 17, 2008 - 12:25 pm

    ok cuma nak clarification lanjutan dari perbincangan2 yg kat atas:
    1. adakah semua new fund offer free units..?
    2. adakah semua fund (islamic) bagi dividen tiap2 tahun..?
    3. betul ke, kalau kita tahu, ada fund yg nak bagi dividen tak lama lagi, kita cepat2 invest, dan bila dia bagi dividen, kta pun dapat walaupun baru invest semalam (contohnya)
    4. biasanya fund yg bagi dividen tu akan bagi dividen pada tiap2 masa yg sama setiap tahun ke..?
    5. betul ke kalau ada ejen yg cakap, bila fund tu bagi dividen, harga unit dia akan turun sikit dan masa tu, elok kita beli…
    harap dapat penjelasan dari utpm kita yg baik hati… tq

  411. #436 by Mohd Basir Ahmad on February 17, 2008 - 6:21 pm

    One of my agents messaged me to come here, saying a Flanker been asking for me. Hope he’s not a gay. Been busy with many things, clients, old agents, new agents, problematic agents, cute agents, new agents from other company who act like GROs, reunion, old boys weekend preparation, erection/election, acting as marriage caunselor etc etc etc.

    Have read many comments above, some good, some bad and some looked like good but too bad, whilst some are beyond redemption. Anyway, all questions are regarded as good.

    My brief comments on last 3 postings above:

    – on rojak language, some like it, some don’t. as long as ideas can be conveyed clearly, its ok. some says that it shows one’s linguistic confusion.

    – switch or no switch, it depends on your investment objective, time-period of investment, and return that you want. Only switch on major market movement (not every now and then) or responding to market condition. Switching is better than “sell and buy-back” for investor. “Sell and buy back” will make agent ‘can go Mecca come back same day – or boleh pergi mekah balik hari”

    – Switching charge is negligible and should not be an issue as… ok pls calculate 25/10,000 and you’ll get a number far less than daily unit price movement (or daily NAV change in percentage %).

    – performance does NOT depend on whether the fund is new or old. It is the asset allocation and stock selection (fund portfolio) or in simpler words, where the fund invest. Some investors eagerly wait for new funds thinking that they’re smart. Smart-aleck.

    – ‘unit jadi different’ , i dont really get it, but the number of units is not relevant to fund performance. What matters is how the underying asset behave.

    – dan sedikit jawapan

    1. adakah semua new fund offer free units..?
    A: Tidak semestinya.

    2. adakah semua fund (islamic) bagi dividen tiap2 tahun..?
    A: Sila lihat prospektus. Jika tercatat bahawa ‘distribution: annual’ maka setiap tahunlah. Kalau ‘incidental’ maka tak tentu bila. Ada yang bagi distribution beberapa kali setahun. Tapi barang diingat, dividend atau distribution tidak menambahkan berapa RM you ada.

    3. betul ke, kalau kita tahu, ada fund yg nak bagi dividen tak lama lagi, kita cepat2 invest, dan bila dia bagi dividen, kta pun dapat walaupun baru invest semalam (contohnya)
    A: Ya, dapat. Tapi, dalam bahasa pasar, ini kerja gila.

    4. biasanya fund yg bagi dividen tu akan bagi dividen pada tiap2 masa yg sama setiap tahun ke..?
    A: Ya dan biasanya pada akhir tahun kewangan.

    5. betul ke kalau ada ejen yg cakap, bila fund tu bagi dividen, harga unit dia akan turun sikit dan masa tu, elok kita beli…
    A1: Betul untuk ‘harga unit akan diturunkan’ tapi bilangan unit bertambah jika option ‘re-invest’ dipilih.
    A2: untuk ‘elok kita beli’: sangat salah dan agent ini mengerikan, dan secara jujurnya, saudara matbond kena nasihatkan agent tersebut attend course.

    Sila scroll jawapan2 posting awal tahun ini (antaranya pada 5 January 2008) untuk pembelajaran lanjut bagi soalan yang sama.


    Mohd Basir Ahmad

  412. #437 by CikPuteh on February 17, 2008 - 7:06 pm

    1.Kalau kat PM semua new fund dulu bagi 1% free unit.Sekarang diorang bagi discount service charge.Normal service charge 5.5%.Bila discount dapat la 5%.Kira bagi 0.5% discount la gitu.
    2.Dividen tu incidential.Maknanya tidak semestinya.Tapi setakat ni tak pernah lagi i tak dapat dividen.Dapat dividen 2 kali setahun ada la.Bestnye..
    3.Nak invest tu bebila masa pun boleh.Kalau invest sebelum dividen akan dapat dividen walaupun sehari sebelum tapi harga masa tu mahal.Kalau invest lepas dividen pulak, kita miss la pembahagian dividen tapi harga selepas dividen murah. Tambah tolak kali bahagi, sama je invest selepas atau sebelum.Kalau beza pun sikit sangat.
    4.Dividen diberi pada tahun kewangan berakhir(financial year end).Lain fund lain FYE.
    5.Memang betul lepas bagi dividen harga turun sikit tapi refer balik jawapan 3.

  413. #438 by Halimatun Aris on February 17, 2008 - 7:56 pm

    Hi Irwan,

    Glad to hear people talking about investing in Unit Trust.Its is very important to invest no matter how big or small the amount is but the rule of the financial freedom is, start young…And I really believe in sharing the knowledge on investment.

    Halimatun Aris
    Unit Trust Consultant
    Public Mutual Berhad

  414. #439 by matbond on February 17, 2008 - 9:42 pm

    thanks a lot especially to en mohd basir & cikputeh for all your kind reply… you are ‘real’ agent…
    my personal brief conclusion would be : get in tocuh with ‘real’ agent rather than just ‘cute’ agent (macam yg pengalaman lailamajnun).. the problem is you cannot tell, especially when you are new in this line and being approached by nice agent who make fantastic introduction/explanation about things that you know very less at that time… again, many thanks.

  415. #440 by abdullahbs on February 17, 2008 - 11:40 pm

    Hi all,
    Glad to read quality questions from Matbond as well as convincing answers from Mohd Basir and Cik Puteh. I learned a lot from these discussions.

    New UTC
    Public Mutual Berhad, Kuching

  416. #441 by Flanker on February 18, 2008 - 1:08 am

    Hi..Mr Basir

    glad..ur back.finally!
    4 ur info i’m a TRUE man… not a gay, nor a ‘fairy’ long as i dont change my name to ‘flankerina’ or ‘flankerossa’, my ‘authenticity’ is unquestionable then.haha

    Drp. komen bls en Basir kpd matbond psl “jgn beli time fund harga rendah lepas fund bg dividen…salah sgt & agen ini mengerikan..kena attend course”. Boleh saya tau kenapa?..bukan ke time tu harga rendah (wlpn sikit), jd dpt byk unit. @ kte boleh ikut mcm jwpn Cikputeh, “sama je invest slpas @ sblm dividen, kalau ade beza pn sikit sgt”?.

    Lg 1, kalo investor sendiri nak attend course boleh x?. Ye la, sbb sy br lg dlm UT ni. Saje nk tambah ilmu. Mngkin nnti akn jd ejen plak ke…

  417. #442 by lilstarz on February 19, 2008 - 4:26 pm

    nice info everyone…
    anyone out there can give me details and consultation, discussion on how to be a UTC in Kuching, Sarawak…
    I need someone that got experience and well-versed about this…

  418. #443 by ingincuba on February 19, 2008 - 8:04 pm

    memang bagus perbincangan dlm ni…
    cuma kadang2 risau atau curiga.. iaitu bagaimana seorang agent tu mampu utk follow dan update ahli2 yg melabur thru dia ramai2 ni nanti…
    okay ginilah, setelah faham sikit2 ni.. saya cadang nak invest lah dgn utpm ni…
    cuma macamana saya nak cari agent yg betul2 committed utk update dan advise saya ni… takut karang dapat agent yg chipsmore (kejap ada, lepas tu 3 bulan lagi baru ada)…. especially kalau org yg investor kecil-kecilan yg mcm kita ni… okay, tolong bagi pendapat atau ada ‘volunteer’ yg committed ke…
    insyallah cadang nak invest sikit esok…

  419. #444 by abdullahbs on February 20, 2008 - 12:39 am

    Hi lilstarz,
    I can offer you my assistance. Please feel free to contact me at 019-8278489 or email:

    Public Mutual, Kuching

  420. #445 by ykwong on February 20, 2008 - 12:41 pm

    HI irwan ,,

    I just need a change servicing agent form, can u email to me

    thnak u



  421. #446 by Irwan on February 20, 2008 - 1:13 pm

    hi there, i’m sorry i don’t have it. maybe agents here can help you.


  422. #447 by habib on February 20, 2008 - 4:08 pm

    Hi Irwan,

    I am from MAAKL MUTUAL BERHAD, I dont agree with all the above person mentioning abt P mutual performance in funds. We also have track records that our funds are better than others. its all individuals need and consultants service as well.

    UT is all abt accumulating funds not competing with other managers…
    So investors make a wise selection when comes to brand. Grass on the otherside always will look green till u reach there.

    Good Luck Investors
    Habib – Senior Advisor

  423. #448 by Faiza on February 20, 2008 - 4:13 pm

    Hi Habib,

    I do support with your comments on other UT company. I invested at MAAKL MUTUAL 2 years ago, my returns is 56% in AL-FAID fund. HAppy with that.


  424. #449 by Flanker on February 20, 2008 - 7:23 pm

    hii everyone…tumpang lalu..

    Below is the figure of islamic funds that ‘perform’ well last year (harap figure ni btol2 tepat la sbb dpt list ni dr agen yg bkn dr PM. Dh tntu dia nk buktikan fund sykt dia lg best dr PM. Sorry if this figure is not accurate

    Latest Islamic Fund Ranking Year 2007
    10 Dana Unit Amanah Islamic Terbaik (1 year)

    Latest top 10 ranking (Equity Malaysia) base 1 year total return (%) 29/11/06 – 31/12/07…

    1) CMS Islamic – 78.97%
    2) ING Equity Islam – 61.01%
    3) CIMB Islamic Equity Aggressive – 51.65%
    4) CIMB Islamic DALI Equity – 50.11%
    5) CIMB Islamic DALI Equity Growth – 49.52%
    6) CIMB Islamic Equity – 48.59%
    7) RHB Islamic Growth – 48.12%
    8) Alliance Dana Adib – 44.07%
    9) PB Islamic Equity – 46.58%
    10 PRUdana al-ilham – 46.14%

    10 Dana Unit Amanah Islamic Terbaik (3 years)

    Latest top 10 ranking (Equity Malaysia) base 3 years total return (%) 31/12/04 – 31/12/07…

    1) CMS Islamic – 123.64%
    2) ING Equity Islam – 97.16% ***
    3) CIMB Islamic DALI Equity – 86.81% ***
    4) MAAKL Al-Faid – 83.41% ***
    5) Public Ittikal – 81.65%
    6) CIMB Islamic Equity – 80.31% ***
    7) MAAKL Syariah Index – 79.89%
    8) Public Islamic Equity – 77.48% ***
    9) Kenanga Syariah Growth – 75.28%
    10) Alliance Dana Adib – 74.66% ***

    ***Not available for 5 years return.

    So, leh korg leh timbang la…jgn gadoh2..haha

  425. #450 by skeper on February 21, 2008 - 6:10 am

    betul kata flanker..jgn gaduh2..
    sume company perform cuma tgk time la, kadang yang ni first, kadang yand lain pulak jd first.
    so toksah risau, pastu diversify.

  426. #451 by chedin on February 21, 2008 - 6:33 am

    Anyone UTC from Kota Kinabalu Sabah?

  427. #452 by shazli on February 21, 2008 - 11:35 am

    dear readers,

    lipper rating and star standard and poor rating are the 2 most trusted ratings. they are 2 independent bodies that are not biased and they rate fund performance based on processes of analysis.

    so far PUBLIC MUTUAL capture most of the awards they had to offer. and that definitely separate us from the rest. reader’s digest rate PUBLIC MUTUAL as the most trusted brand (finance and investment) for 2 years in a row.

    the ranking you see above maybe correct. lets just wait for this year’s lipper and star standard and poor award night to justify that.

    when someone is on top, others will try to challenge..which is good. there are also people who will sabotage. it is absolutely normal.
    it happen in our lives. think abt it.

  428. #453 by Ban Lee on February 22, 2008 - 6:53 pm

    Hello to all,

    It’s been a while since I last posted. Took time off to enroll and sit the FMUTM’s CUTE exam.

    FMUT is abbreviation of Federation of Malaysian Unit Trust Managers – an association formed to enhanced the professional standards and image of the unit trust industry, and was established in 1993.

    And CUTE is Computerised Unit Trust Examination.

    Having passed it, I could now be known as a PDUT (Person(s) Dealing in Unit Trusts); or more commonly a “Unit Trust Consultant”.

    Before sitting the CUTE exam, we were given a thick manual from FMUT on “Dealing in Unit Trusts”. It is a very comprehensive manual with 7 chapters highlighting the code of ethics, standards of professional conducts of a PDUT, all the terms and means of calculating prices and returns of unit trusts, types of funds including syariah-based funds, personal financial planning and other regulations and rules in the unit trust industry.

    In short, it is an eye opener and lots of useful knowledge and information drummed into my head. Needless to say, there were some knowledge and info that I have already known before reading the manual as I have actively learned from forums like this one and elsewhere.

    One of the most interesting facts that I learn from the manual is that there is a “Capital Market Masterplan” introduced by the Securities Commission and among one of its recommendations is #140 “Online trading of units in unit trust funds will be permitted”.

    I find it interesting as it will be convenient and certainly with lower service fees when we could buy units online without going through a PDUT.

    Best regards and thanks for reading.

  429. #454 by Mohd Basir Ahmad on February 22, 2008 - 7:56 pm

    Mr chedin,

    On your question of ‘any UTC in Kota Kinabalu?’ , I beleive i should propose you my agent Mr Mohd Amin Ismail. Having previously worked for Malaysian largest investment GLC at Menara PNB for more than 10 years, i strongly beleive he knows facts and figures and can give good advise.

    His contact no is 019-2881803. He is in Kota Kinabalu.

    Mohd Basir Ahmad

  430. #455 by chedin on February 23, 2008 - 7:27 am

    Mr Basir..

    Thanks for you information..:D…
    Can i have 2 UTC in the same time, but maybe different fund?

  431. #456 by Kak Naan on February 23, 2008 - 10:07 pm

    Here I pasted the answer to similar Q posted by Ms LailaMajnun, probably u missed it.

    Kak Naan
    Feb 14th, 2008 at 5:12 pm

    Lailamajnun, sbb u rambang mata….no problem. Public Mutual dah anticipate dah… akan ada org mcm u ni….hehehe. You can invest dgn byk2 agent, invest same fund pun boleh bcos it will be assigned different account no. Kalau nak buat switching, between funds under the same agent only. As long as u boleh manage, no problem. Mcm u main kayu tiga lah….. asalkan u tak kalut, no problem. Hahaha……….

  432. #457 by Abg Beca on February 24, 2008 - 2:49 pm

    Assalamualaikum dan Salam Sejahtera…
    saya mmg berminat nk invest dlm unit trust ni..
    so ada tak mana-mana agent PM yg blh direkemen utk saya..
    saya tinggal dia area nilai, negeri sembilan..

  433. #458 by swami on February 25, 2008 - 2:12 pm

    kepada abang beca
    nama saya swami dari pm saya ada lah full time di pm,dan juga bagi servis di nilai kalau adang berhasrat nak labur bolih contact says di talian bimbit 016-3712929.untuk makluman tuan saya ada banyak client di nilai yang says servis.terima kasih
    public mutual

  434. #459 by swami on February 25, 2008 - 2:14 pm

    sorry salah taip sikit maksud nya abang io adang

  435. #460 by joe ajay on February 25, 2008 - 3:15 pm

    1 simple question(silly maybe), to kkchow23,Mohd Basir Ahmad or anyone on this very website. Refer to PM website, why there are 2 sets of funds with 2 different dates of closing prices? Many Thanks.

  436. #461 by Mohd Basir Ahmad on February 25, 2008 - 3:36 pm

    On the top of the fund listing, there is a link read “Posting of Prices on Website” for you to click.

    When you click, this message appear:

    Please take note that for funds with foreign investments, the valuation of funds will be conducted after the close of business of Bursa Securities for the relevant day, as some of the foreign markets in which the funds may invest in have yet to close due to the different time zones of these countries. As the valuation for these funds is conducted after the close of Bursa Securities, the daily prices of these funds will be posted on the website on the following Business Day. As an example, Friday closing prices of PSF will be posted on the website on the following Monday.

    The funds grouped at the upper part are funds with foreign investment. The ones grouped at the lower part, are funds that invest in Malaysian market only.

    Mohd Basir Ahmad

  437. #462 by chemat on February 25, 2008 - 5:24 pm

    tanya sikit kpd en. mohd basir… encik ni duduk dan cover area mana ye…

  438. #463 by Cikgu on February 25, 2008 - 11:30 pm

    hai anybody nak jadik remisier/delear corporate di 40 broker saham di Malaysia antaranya OSK Investment Bank,Hwang DBS,Rhb Investment
    anda hanya perlu lulus Module 6(Secuirites Law) dan Module 7(Financial Statement and Asset Valuation)

    i provide home tuition direct to your Home/Office anda

    Call 017-3351380 for details.

  439. #464 by matbond on February 26, 2008 - 5:57 pm

    saya ada hasrat nak jadi ejen… langkah pertama dah buat, i.e. bukak akaun simpanan kat pb… lagi apa lagi yg saya perlu buat atau sediakan… tolong bagi ringkasan sikit…
    rasa2 nya kan, ada tak ejen2 berpengalaman yg sudi nak jadi upline dan membantu saya utk berjaya..? saya ni duduk belah ampang, kl.

  440. #465 by swami on February 26, 2008 - 7:54 pm

    en mat bond terutama sekali saya ingin ucapkan taniah atas hasrat en mat bond untuk jadi ejen public mutual.encik dah buka akaun di public bank ada lah satu satu langkah untuk jadi unit trust konsultant
    Pertama sekali seorang mesti lulus spm pangkat 3 atau sijil kemahiran
    atau setanding dengan nya
    2 Kena lulus exam atau peperiksaan yang di jalankan oleh suruhanjaya
    sekuriti untuk dapat lesen dan bayaran nya dengan kit ada lah sebanyak 247-50
    3 sebelum itu kena isi borong permohonan public mutual yang lengkap dengan semua syarat yang di tetapkan
    says harap serba sikit penerangan yang di beri jelas dan kalau ada apa apa pertanyaan bolih contact saya di talian bimbit di bawah
    sekian terima kasih
    swami h/p 0163712929
    full time unit trust consultant
    kawasan k.l/ampang

  441. #466 by Kak Naan on February 26, 2008 - 9:00 pm

    Mat Bond,
    You kena sediakan yg berikut:

    1. 6 copies of latest photo- passport sized
    2. 2 copies of I/C
    3. Copy of Public Bank savings book or statement
    4. Copy of Degree/Diploma/SPM Cert
    5. RM247.50 for registration fee and exam fee
    6. RM 4 for Commisioner of Oath

    All the above to be submitted together with agent contract/application form.

    Kalau berminat, boleh contact Kak Naan. I’m from Univest Group.
    Email me :
    or sms me: 019-2687800

  442. #467 by CikPuteh on February 26, 2008 - 9:31 pm

    Mat Bond,
    wahh..Mat Bond dah ready nak jadi agent ni.Tahniah..tahniah.I belum ready lagi la Mat Bond.Cuma I nak bagitau u my agent ada ajak pergi BOP(Business Opportunity Preview) kat Menara Telekom Pantai Bharu malam esok, 27/02/2008.Tapi unfortunately I ada hal penting pulak.Al-maklumlah dekat-dekat pilihanraya ni kan.So I nak bagi another option untuk you.Pi dengar dulu career opportunity ni dengan diorang.Lepas tu baru la plan cemana.This is juz my opion.You contact agent i ni nama eliza no hp 012-2455251.You cakap dapat no dari CikPuteh dalam blog irwan.Contact la jugak Kak Naan dan swami tu tanya pendapat diorang.All the best Mat Bond.

  443. #468 by matbond on February 26, 2008 - 10:25 pm

    terimakasih x3 kpd swami, kak-naan dan cikputeh di atas maklumat yg diberi dan tidak kurang juga suntikan semangat awalan.. ni yg lebih membakar semangat ni.. (hopefully tak lah sejuk dipertengahan jalan)…
    sebenarnya kan, apa yg mendorong saya utk terfikir nak jadi ejen ni ialah mula2 sebab teransang dgn cara dan maklumat yg dikongsi termasuk juga komen2 positif (dan negetif) dlm forum yg bagus ni..
    tapi yg lebih membuat saya lebih terdorong ialah geram baca dlm discussion2 tu semua seolah2 bnyk nya ruang utk bantu beri penerangan kpd yg rasanya ramai yg mungkin berminat utk melabur tapi tidak kesampaian maklumat atau lebih kesian lagi dapat maklumat yg tidak tepat (kalau bukan maklumat salah lah) mengenai apa sebenarnya unit trust ni (especially utpm yg power2.. tapi yeke power… takpa2 nanti saya kaji lagi)
    ..okay2 dah lah tu sementara waktu ni.. karang jadi ceramah kempen lak…
    btw, yg kat menara telekom tu senang parking ke…hehe
    ok guys, hope i can be on board soon….

  444. #469 by Mohd Basir Ahmad on February 26, 2008 - 11:09 pm

    chemat, can.

    duduk di mana ? – Shah Alam
    Cover area mana ? – Kuala Lumpur / Selangor, Perak, Penang, NS, Melaka, Johor, Sabah, Sarawak, East Coast, Dubai/Qatar & Saudi Arabia.
    mengundi di mana ? P028 Pasir Puteh, N30 Limbongan

  445. #470 by Mohd Basir Ahmad on February 26, 2008 - 11:30 pm

    Recruitment for Unit Trust Consultants. Malaysians with good attitudes are welcomed.

    To facilitate registration, please prepare:
    – passport-sized photo (6 pics)
    – copies of IC (2 pcs)
    – copy of Public Bank saving/current account for commission purpose
    – copy of degree or diploma or SPM certificate
    – Fees 247.50 (refundable if cummulative sales exceed 50K in 6 mths)

    Jika ada saudara-mara yang perlu bimbingan, juga digalakkan refer kepada saya.

    Calls are welcomed.

    Mohd Basir Ahmad

  446. #471 by CikPuteh on February 27, 2008 - 12:08 am

    Mat Bond,
    I pernah pi bayar bill telekom tertunggak kat menara telekom tu(hehehe…tapi dah abis bayar sumer dah).Masa tu i parking je kat tepi jalan depan menara..illegal..tapi kejap je.I ada nampak berderet tempat parking kat sebelah kanan jalan, depan menara tu jugak.Kalau x silap RM4 sekali masuk.Seminar diorang tu sebelah malam lepas maghrib, tak tau la kena bayar parking jugak ataupun free.Mat Bond, u jangan hangat-hangat tahi ayam tau.Dah dapat banyak ilmu nanti, share-share la dalam blog irwan ni k.

  447. #472 by matbond on February 27, 2008 - 2:59 pm

    terimakasih en. mohd basir dan cikputeh…
    cuma nampaknya takde rezeki saya lah cikputeh utk gi program yg mlm ni tu… sebab saya kena siap2 utk prepare material utk gi JB esok ada meeting… tapi program ni sekali tu je ke ??.. kalau ada masa lain nanti begitaulah… sekurang2nya bole bantu jadi initial eye-opener kot… oleh kerana kita ni org baru yg nak belajar benda2 ni, harap2 nanti dapat lah sokongan dari yg ‘senior2’ tu…
    ok.. terimakasihhh..

  448. #473 by chemat on February 27, 2008 - 5:17 pm

    en basir, since kebetulan u kata cover area macam qatar, dubai etc, saya nak tanya lah samada semua investment unit trust pm ni memang bukan tertakluk kpd warganegara msia je kan…. i.e. bole jugak org luar msia labur juga ye..

  449. #474 by Kak Naan on February 27, 2008 - 6:08 pm

    Congratulations and a Big Syabas to Public Mutual, again.

    Public Mutual menang lapan anugerah dana
    KUALA LUMPUR 26 Feb. – Anak syarikat milik penuh Public Bank, Public Mutual muncul sebagai pemenang Anugerah Dana Malaysia The Edge Lipper 2008 dengan memenangi lapan daripada 20 anugerah, termasuk anugerah berprestij Kumpulan Ekuiti terbaik bagi kategori tiga tahun.

    Ia merupakan kemenangan bagi tahun kelima berturut-turut.Pengerusi Public Mutual, Tan Sri Dr. Teh Hong Piow berkata, kejayaan itu disebabkan oleh keberkesanan strategi pelaburannya.

    Anugerah-anugerah tersebut disampaikan oleh Pengerusi Suruhanjaya Sekurit Datuk Zarinah Anwar kepada Ketua Pegawai Eksekutif Public Mutual, Yeoh Kim Hong dan ahli pasukan pelaburannya pada majlis penyampaian anugerah itu, yang diadakan di sini hari ini.

    Antara anugerah dimenangi Public Mutual ialah Anugerah Kumpulan Ekuiti Terbaik (3 tahun), PB Dana Fixed Income pula memenangi Anugerah Bon Ringgit Malaysia (5 Tahun), manakala PB Dana Growth menerima Anugerah Dana Ekuiti Malaysia Terbaik (5 Tahun) dan Public Dana Ittikal memenangi Anugerah Dana Ekuiti Malaysia Terbaik (5 dan 10 tahun).

  450. #475 by Mohd Basir Ahmad on February 27, 2008 - 7:36 pm


    investors can be anyone:
    – if Malaysian individuals, proof of identification is Malaysian IC
    – if Non-Malaysians individuals, proof of identification is their passport or paspor or kartu
    – if Malaysian/Foreign company, the proof of identification is their certificate of incorporation, form 49, board resolution etc etc
    – Sole-prop / partnership, proof of id is RC and BRCs
    – Society/Cooperative, RC, Committee resolution
    – Pension fund, pid is trustee’s resolution

    In short, as long as one can be considered a legal entity, he/it is eligible to invest.

    Basir 017-3355733

  451. #476 by ZULKIFLI BIN ADNAN on February 27, 2008 - 9:45 pm





  452. #477 by chemat on February 27, 2008 - 10:03 pm

    sekali lagi, bebanyak terimakasih di atas penerangan en. mohd basir tentang sapa yg layak utk melabur tu… tq tq

  453. #478 by Fazrina M. on February 28, 2008 - 1:21 am

    PM Menang award lagi this year?! VERY IMPRESSIVE!!! SYABAS!! =)

  454. #479 by joe ajay on March 2, 2008 - 11:38 pm

    Can En. Mohd Basir Ahmad or anyone help me. Is there a ‘problem’ with calculation 2 ? (From the perspective of investor and agent) Thank you so much.

    Mr. A wants to invest RM10,000
    NAV per unit = RM0.25
    Service charge = 5.5%

    Calculation 1 (based on master prospectus)

    Units credited :
    = RM10,000/RM0.25
    = 40,000 units

    Service charge incurred :
    = 0.25 x 5.5%
    = 0.0137

    Total amount service charge :
    = 0.0137 x 40,000 units
    = RM548.00

    Total need to pay by investor :
    = RM10,000 RM548.00
    = RM10,548.00

    Calculation 2

    Service charge incurred :
    = Service charge per unit NAV
    = (0.25 x 5.5%) 0.2500
    = 0.2637

    Units credited :
    = RM10,000/RM0.2637
    = 37,921.881 units

    Nett amount invested :
    = RM0.2500 x 37,921.881
    = RM9,480.470

    Total amount service charge :
    = RM10,000 – RM9,480.470
    = RM519.53

  455. #480 by Nizam on March 3, 2008 - 12:37 am

    Hi joe ajay

    No problem with calculation No 2 (except for decimal points)

    It will be shown in Mr A’s statement of transaction for average cost per unit of RM0.2638 (0.2500 (0.25 x 5.5%))= 0.26375 or 0.02638 to 4 decimal points

    Average cost per unit (RM)
    = 0.25 (0.25 x 5.5%)
    = 0.2500 0.01375
    = 0.26375

    The calculation of no of units will be based on investment amount / average cost per unit (full 5 decimal points)
    = 10k / 0.26375
    = 37,914.69 units

    In the statement of transaction, it will show, among others:

    1. Price RM: 0.2500
    2. Units: 37,914.69
    3. Service chg: 5.5%
    4. Amount RM: 10,000
    5. Net Amount RM: 9,478.67
    6. Average cost per unit RM: 0.2638 (0.26375 to 4 decimal points)

    The service chg amount is RM10k-RM9,478.67=RM521.33, it will not be shown in your statement of transaction

    Hope the above calculation helps!


  456. #481 by Nizam on March 3, 2008 - 12:42 am

    Second para should read…

    It will be shown in Mr A’s statement of transaction for average cost per unit of RM0.2638 (0.2500 plus (0.25 x 5.5%))= 0.26375 or 0.2638 to 4 decimal points

  457. #482 by Noreliza on March 3, 2008 - 1:11 am

    Hi Joe Ajay

    Apart from Nizam calculation, also you can check out this simple way of calculation.Will give the same result at the end.

    Mr. A wants to invest RM10,000
    NAV per unit = RM0.25
    Service charge = 5.5%

    Service charge
    =(Amount Invested x Service Charge)/ (1 Service Charge)
    =(RM10,000 x 5.5%) / (1 5.5%)
    = RM521.33

    Amount Invested
    = Amount Paid – Service Charge
    = RM10,000 – RM521.33
    = RM9,478.67

    Unit collected
    = Amount Invested / NAV per unit
    = RM9,478.67 / RM0.25
    = 37,914.68 units

    By investing RM10,000 into a fund with NAV of RM0.25, an investor will get 37,914.68 units if the service charge is 5.5%. To get the current value of the fund, always multiply the total units with the current NAV (can get the NAV price per unit from newspaper or or if Public Mutual fund is at

    Hope this will help too.

    Happy investing 🙂


  458. #483 by Noreliza on March 3, 2008 - 1:21 am

    Hi joe ajay,
    oppsss…Dunno why the plus sign is gone in the Service Charge calculation.
    It should be:
    Service charge
    =(Amount Invested x Service Charge)/(1 Service Charge)
    =(RM10,000 x 5.5%)/(1 5.5%)
    = RM521.33


  459. #484 by Noreliza on March 3, 2008 - 6:55 pm

    hmmm….the plus sign still missing.. :-/

    I better put it into word. Should be this:

    Service charge
    =(Amount Invested x Service Charge)/(1 PLUS Service Charge)
    =(RM10,000 x 5.5%)/(1 PLUS 5.5%)
    = RM521.33


  460. #485 by joe ajay on March 4, 2008 - 9:55 pm

    Please someone explain this to me. One agent said funds are not always available, like it “already full” or ‘cukup’ quota. What does it mean and how am i suppose to know the fund is available or not ? Thank you VM

  461. #486 by TUN PERAK on March 5, 2008 - 10:16 pm


    Congratulations to Irwan for starting this blog. I’ve been reading most of the posts here for some time and I found it to be rather fascinating. At least you stirred the interest amongst many to start thinking about investing and their future. While I agree with some, Iam amazed at how naive most are as far as investing concern. Now Iam not talking about having knowledge about the nitty gritty of Unit Trust and all that, but rather the very basic principle in investing. Most are so focus on the “big gain” but very little if any thought was given to the risk aspect.

    IMO some wise pieces of advises was given by people like reality_check (28 Dec 07) and zeus titled “Jumping The Bandwagon – UTC” in December 07 but theres not much response/further query about it. Everbody seem to be gung-ho and more interested to talk about the huge return. This, if I may say is further exacerbated by some UTC. While my salute goes to people like Mr Bashir for providing great info, I’ll be wary of some others. Ive been in this game long enough to see how people, mostly amateur and gullible lost most of their savings while the more savvy and prudent get richer. I have nothing against UT, in fact I’d say UT is GOOD, I invested in it, but it is just one of many tool in investing. Let me share my thought and experience in some aspect of UT with you, it may be useful.

    First off do not trust anybody. Secondly, if you decided to choose UT as your investment vehicle, then at least get yourself a decent consultant. Reason being is, let be honest, most if not all UTC is interested in their money (commission), not yours. I know for a fact that many (not all) of them are eager youngsters with flashy car, address and suits. This type are far from competent and they are not rich, they just ‘want to look/be rich’. In fact if those cars and appearances are anything to go with, I wont engage them. Why? because I think they don’t know how to manage their own money (rather than spending on that car, expensive address and suits, they should invest right?). What if things turn bad and they have difficulties paying for that car and their Bangsar/Sri Hartamas/Damansara condo? Where do you think they look first to increase their income? Will they still be giving you an objective advise then? If that is the case then shouldnt you be worried?

    Knowledge about investing is another thing. They may know about the fund and its fees etc etc, but how does that affect you? Other than keep saying that you will earn xxx% in x years, can they help you achieve your financial goal? When I was looking for a UTC/CFP I asked him/her a lot about investing and the market in general and very little about the fund itself (you can read the prospectus for those) and I was surprised how shallow their knowledge was. Why should I give tens of thousand of ringgit of my hard earned money as a fee to someone to filled up a few forms yet knew nuts compared to me? Not only Iam ‘gambling’ with my money, Iam also paying for it – it doesn’t make sense!! Another thing is I try to find out how well to do he/she is. If he is nowhere near as or wealthier than Iam, then bye bye. Again why should I let someone with hardly a fraction of my networth manage my money? If they are that good, they should be at least as well off as Iam (of course I factor in their age). I don’t really care how they look or what they drive. They can come and see me with old kancil, but I knew well enough that’s not how to measure their networth. Honesty is of course paramount. Let me tell you this, as far as I knew, UTC code of ethics does not allow them to advertise or solicit business via internets. Well if they do, i.e break this code, what does it say about their integrity?

    I finally engaged one who was recommended by someone wealthier than me. I think this is one of the best way to get a decent consultant, at least somebody is happy with him/her. So what Iam trying to say is don’t let appearances fool you. If you must fall for that pretty face, well make money the right way first, than you can get her/him. Otherwise once your money is ‘lock’ he/she will just move on and look for someone else. If you want to learn how to drive a car, will you learn from somebody who really know about car and how to drive or from someone who may know a lots of thing/theory about all kind of car but don’t know how to drive (or from someone just because she is pretty)?

    Well I think I made enough enemy for a day, better stop now.

  462. #487 by CikPuteh on March 6, 2008 - 6:21 pm

    Opinion i pulak berbeza….(mungkin pendapat i ni ada tempias dari keadaan where i have a few fren dah jadi agent kot).Tapi sebagai unit trust investor, kita jangan la bergantung sangat pada agent semata-mata.Cari maklumat dari sumber-sumber lain juga.Alaa Tun Perak…biaq pi la kat depa nak pakai keta mewah pun kalau depa mampu.Yang penting pelaburan kita bagi keuntungan yang munasabah.i pilih cimb dan public lain belum cuba lagi.Setakat ni dua-dua pun bagus.Sorang agen pakai keta bmw, sorang lagi biasa-biasa saja.

  463. #488 by Fazrina on March 7, 2008 - 2:44 pm

    At the end of the day, will the profit you make out of unit trust investment be taxed? IS IT TAXABLE?

  464. #489 by skeper on March 9, 2008 - 4:15 am

    I’ve come across many agents claiming only their products/companies are the best – be it unit trust, insurance and MLM. Others are bad, not good etc.

    I’ve even heard one UT agent claiming UT is better than insurance, comparing the rate of return. My god! His statement was so, so misleading.

    He’s been so long in the insurance but he’s lost in terms of total financial planning. The problem is that most of the agents believe that they are clever than the clients/ prospects.
    They talked a lot and asked less questions.

  465. #490 by skeper on March 9, 2008 - 4:23 am

    Adding to Tun Perak’s comments:
    Cars are liabilities, properties are assets.
    Most UT agents invest in cars first which depreciate in value.
    Like MLM companies, they like to give the agents car fund coz so that flaunt it wherever they go, unlike properties (not mobile).
    Yes, this is an example of bad financial management

  466. #491 by Carson Ding on March 12, 2008 - 4:33 pm

    Irwan, good job on setting up a site. You have provided a place for people to learn more about UT. We need to educate more people about the importance of savings and investing.

    I totally agree with the comments made by Tun Perak. Yes, I have seen many UT consultants that do not have knowledge about basic investment. They are not even financial savvy. They get their customers with their good looks, or by flaunting their expensive cars. Some are merely pushing their products without caring whether this is people’s hard-earned money! I have relatives who have ended up losing their money because they rather listened to these people and not to people who are passionate about investment. You ought to listen to people who knows their stuff.

    I am sadden that these people are tarnishing the image of the industry and the professional image that genuine UT consultants are trying so hard to portray.

    My advise to potential investors is to ask many questions like what Tun Perak suggests. Test drive the car before you buy, ehem, test the Consultant’s knowledge before you appoint him as your agent.

  467. #492 by chinsiewmei on March 12, 2008 - 4:41 pm

    Hi need explaination about Unit Split

    Q: A UTMC declared a unit split of 1 : 10. The NAV pre unit split is RM500,000,000. Units in the circulation pre unit split is 250,000,000 units. What is the NAV per unit after the split?

    NAV/unit pre split = RM2

    Can anybody help me ? appreciate it …

  468. #493 by Carson Ding on March 12, 2008 - 5:10 pm

    Unit Split is explained as for every X units you hold, you will get a Y units. 1:10 means for every 10 units you hold, you will get 1 unit. That means, in the 250 million units, 25 million units will be created. So the total units will now be 275 million units.

    The new unit price will now be RM500 million divided by 275 million units = RM1.8181. These is usually what happens after a split, the price will come down. So, buy more!

  469. #494 by chinsiewmei on March 12, 2008 - 5:18 pm

    Carson Ding, Thank you very much … very appreciate it … 😉

  470. #495 by Ban Lee on March 13, 2008 - 11:41 pm

    Tun Perak says “Why should I give tens of thousand of ringgit of my hard earned money as a fee to someone to filled up a few forms yet knew nuts compared to me?”

    Yes, that’s what you would pay for a personal financial advisor if you’ve a million or 2 to invest.

    Get off your high horse if you don’t really understand what is a unit trust fund and how it is manages; and to what extend a unit trust counsultant can advise you on managing your millions.

    There’s so many people who got burnt in the share market and when they hear the word “unit trust” they always equate it with shares. LOL

  471. #496 by fa_izzah79 on March 14, 2008 - 3:04 pm

    ermm..always a gud discussion here…

    when im just a unit trust investor, i did a study and simple research using PM website which is very very helpfull..i’m so frustrated to find other company website is not helping…

    i also take course on Applied Finance and Investment…sampai mcm tu sekali…heh..all this becoz i found that UT is very2 gud and we have lack of knowledge on investment…i dont rely 100% on my agent as i know she doesn’t know much…However this is my money..i thank her very much because she has introduced me to the best investment vehicle i ever know. Moreover this is my money maa..and i really want to build my own investment portfolio…so who do u think will be the BEST MANAGER…this is our hard earn money maa..of course its their work to make sure we get the high return…but its OUR’s if we want to fully Maximize our return…they cannot always decide for u..if they made a wrong decision while trying to maximize ur return..of course u’ll blame them.

    i’m an agent now..but i will give advice the same i will do to myself..we want the client to be financially free..not to burden them or to make them loose money while i enjoy the profit…that’s so ‘teruk’ and unethical…i understand the problem that sometimes the UTC is more like the SALESman..not the consultant…that’s why i do my homework and choose the right person to be my, TESTING ur UTC knowledge first is very important so that u and ur UTC are at the same level@wavelength..barulah senang nak buat discussion..huhu…

    -shah alam-

  472. #497 by newbreed on March 14, 2008 - 7:38 pm

    just one quick question.. bila kita mula invest dgn agent kita utk sesuatu fund eg. pcif.. kita akan dapat nr. account kan.. is that account nr has any identification that relate to the agent who initiated that sale..? or it is solely relates to the fund and our ‘numbers’.. hope somebody can clarify..
    sorry ada pulak second question.. kalau lepas tu kita buat top-up sendiri (eg. on-line), will the earlier agent who initiated our initial fund investment be getting the komisyen..? or the whole service charge wil go to public mutual in full..?

  473. #498 by Nizam on March 16, 2008 - 1:05 am

    Dear Newbreed

    1. Yes, your account number is related to the agent initiated the sale. If he/she subscribed the Client & Agency Management System (“CAMS”) from Pub Mutual, He/She will be able to monitor your investment.

    If you have other agent, he/she will not be able to monitor that investment unless you change your agent and transfer the account to your new agent.

    2. Additional investment (“AI”)
    Any AI made to your account i.e. initiated by your earlier agent, the whole service charge will go to Pub Mutual in full & Pub Mutual will pay commission to the earlier agent whom initiated the Initial Investment unless you’d already transferred to new agent.


  474. #499 by Nizam on March 16, 2008 - 1:42 am


    I did some monitoring on current market situation lately.

    New investments (Equity and Balance Fund) aged 1 month to 2 years, currently experiencing a huge loss or drop in price after the election.

    For example:
    1. PCIF – who made the investment during the offer period @ RM0.2500 per unit experiencing 22.05& loss as at 13/03/2008.
    2. PISSF – who made the investment during the offer period @ RM0.2500 per unit experiencing 19.62% loss as at 13/03/2008

    I need advise from anybody in this blog:
    1. Should investors now consider to sell their investment or risking his hard earned money for a possible further loss; or
    2. Exercise swithcing now; or
    3. Invest more to average down the cost to benefit more in long term… after the global economy stabilise and improve further which may take more than 2 years to happen wallahualam

    What are the advices given to investors by a good consultant during this time? Hope we can start discussing this issue.

    Thank you!


    ps. En Basir, appreciate your could also share your opinion/view

  475. #500 by newbreed on March 16, 2008 - 10:06 am

    thanks nizam for your kind feedback…

  476. #501 by TiNg on March 16, 2008 - 12:47 pm

    Hai, I am new investor for UT. I am facing the same problem as Nizam (16th Mar) mention it. Should anyone gives some advices for us? Thank you so much!

  477. #502 by Noreliza on March 16, 2008 - 8:00 pm

    Hi Everyone,

    As I’ve advised my client, TAKE THIS OPPORTUNITY. This is not the right time to repurchase/sell off but to buy more. If you have extra cash, topup you investment during this market downturn to average the cost.Example if you have another RM100k, you are advised to topup some amount first, say RM20k. Monitor more frequent and if market decline, topup more.

    Remember our objective of investment.It should be long term.Follow what was suggested in prospectus to invest for at least 3 years.Unit trust is for long term investment.The best is 3 to 5 to 10 years.Take Public Ittikal Fund as an example. Total 10 years return is 313.34% (from Quarterly Fund Review, Q4 2007). It has gone through economy crisis in 1997 but still gave a good long term return.

    Our local market could be recovered after our political issue become stable.At least after the cabinet is fully formed.Insyaallah.

    Happy investing 🙂


  478. #503 by Rey on March 17, 2008 - 4:50 pm

    Wow! So many replies!

    I didn’t go thru everything, so I might be repeating some of the points.

    I’m a unit trust agent, and final year degree student.

    From my point of view, the investors should bear in mind that Unit Trust can minimize the risk of losing money, but the risk is still there. Sometimes, there are agents that, whenever the investors raised their concerns of losing money, the agents will say… in long term, you’ll gain profits.

    Unfortunately… this is not 100% true.

    There are many interesting facts i found out during my study regarding unit trust. 🙂

    Happy Investing!!!

  479. #504 by chedin on March 18, 2008 - 1:16 am

    After finished my own study on unit trust especially Public Mutual from many source including this forum, i was decided to make investment in 2 Fund last month. Just look n see their performance. Until today looks the market inconsistent but as we know, this a normal condition.


  480. #505 by Noreliza on March 18, 2008 - 1:25 pm

    This is from Berita Harian Online.As advised by Ketua Eksekutif PNB, he himself encourage investor to take this OPPORTUNITY to invest.Same thing advised to unit trust investor.

    ‘Saham jatuh perkara biasa’

    KOTA BAHARU: Kejatuhan pasaran saham di Bursa Malaysia sejurus selepas Pilihan Raya Umum Ke-12, baru-baru ini bukan perkara luar biasa memandangkan ia turut dialami pasaran saham dunia, kata Ketua Eksekutif Perbadanan Nasional Berhad (PNB), Tan Sri Hamad Kama Piah Che Othman.

    Hamad berkata, senario berkenaan bukan disebabkan oleh keputusan pilihan raya itu yang menyaksikan lima negeri – Perak, Pulau Pinang, Kedah, Selangor dan Kelantan dikuasai parti pembangkang.

    “Kejatuhan harga saham baru-baru ini tiada kaitan dengan pilihan raya umum, ia perkara biasa cuma kebetulan ia berlaku ketika pilihan raya umum berkenaan,” katanya kepada pemberita selepas Majlis Aspirasi Mahasiswa Cemerlang Universiti Malaysia Kelantan (UMK) di sini, semalam.

    Katanya, beliau percaya pasaran saham akan kembali stabil memandangkan negara ini mempunyai asas ekonomi yang kukuh.

    “Tiada apa yang perlu dibimbangkan sebaliknya inilah peluang untuk pembeli saham membelinya dalam (keadaan) harga yang lebih murah kerana kita percaya pasaran akan kembali naik,” katanya. – Bernama

    Happy investing 🙂


  481. #506 by Noreliza on March 18, 2008 - 1:28 pm

    This is from Utusan online.Long term OPPORTUNITY…

    ‘Kesempatan bagi melabur’


    KOTA BHARU 16 Mac – Kejatuhan Indeks Komposit Kuala Lumpur (IKKL) yang bersifat sementara selepas Pilihan Raya Umum Ke-12 merupakan peluang terbaik bagi orang ramai untuk melabur bagi jangka masa panjang.

    Presiden dan Ketua Eksekutif Kumpulan Permodalan Nasional Berhad (PNB), Tan Sri Hamad Kama Piah Che Othman berkata, dengan asas ekonomi negara yang kukuh, keadaan pasaran saham dijangka akan bertambah baik sedikit masa lagi.

    “Saya tidak nampak keadaan ekonomi dan pasaran kita akan terus kekal dengan keadaan menurun, ini semua melibatkan masa.

    “Ini peluang terbaik kepada orang ramai terutama pelabur pukal untuk melabur dalam jangka panjang, PNB sendiri melihat keadaan ini untuk membuat pelaburan kerana kita merupakan pelabur jangka panjang,” katanya.

    Beliau berkata demikian kepada pemberita selepas Majlis Aspirasi Mahasiswa Cemerlang Universiti Malaysia Kelantan (UMK) di sini hari ini.

    Happy investing 🙂


  482. #507 by Rey on March 20, 2008 - 12:16 pm

    Dear unit trust holders,

    What are your frequent answers from ur UTC whenever there’s a drop in the market?

    – Go for Long Term
    – Do Dollar Cost Averaging

    What will happen if the world market goes into recession? I think it will eaten up all of your earnings, and even will leave you with a loss.

    • #508 by shamsinar on April 15, 2008 - 11:34 pm

      Malaysian local fundamentals are still intact.
      All mega projects launched before election are remain in place.
      Plantation, Oil & Gas, Infrastructure (Tenaga & Telekom), financial institutions remain fund manager’s choice. These sectors are not effected by the opposition controlled state.
      Fund managers are looking forward to have more good news from newly selected cabinet ministers.
      Market are very volatile due to external impact particularly from US which had badly hitted the global equity market.

      USA Economy – Fed Rate Cut, Dow Jones Industrial Average (DJIA) down turn, recession fear and oil price remain the main global issues.

      Fund Managers View: Don’t make any panic redemption. Take the opportunity to do Dollar Cost Averaging down and get more units at lower price. Short term investor will loss but long term investor gain. Always think long term.

    • #509 by UT Investor on October 14, 2009 - 11:57 am

      No offence bro but u only spend 2 years in UT but commenting like a pro. I can see that u r not a patient investor..which means u r not a real investor but more to a speculator as u r more keen towards shares, stocks and quicker profits. Investment needs time to grow man and even rome wasnt built in a day.

  483. #510 by Fazrina M. on March 20, 2008 - 9:40 pm

    Investment is about taking risks.. In fact most of the things we do and decise in our lives is about taking risks…

    In worst case scenario.. The minimum NAV price drop per unit is only 5 cents.. It can’t go below that…

  484. #511 by Fazrina M. on March 20, 2008 - 9:41 pm

    decise = decide

  485. #512 by farah on March 24, 2008 - 12:31 pm


    sy baru jumpa blog ni ari ni.
    seronok sgt sbb sy dpt byk input dr u all.
    sy bakal amik exam(CUTE) bulan 4 nnt.
    risau jugak takut tak pass..hehe..
    u all yg dh pernah amik exam tu mcm mane ek?
    ssh x?

    • #513 by shamsinar on April 15, 2008 - 11:35 pm

      Macamana Farah? Senang kan…satu hari punya study pun boleh lulus

  486. #514 by Ban Lee on March 24, 2008 - 7:20 pm

    Fazirah M.
    Not true – the NAV can drop more than 5 cents – it all depends on how high was the NAV, RM1.00 or RM0.25. Currently compare to last year, most funds had dropped more than 20%.

    Correct on the long term investment/savings and averaging cost of regular savings. A good post/article in the PM website – “remain calm through market turbulence”. Read it carefully on the important points of regular savings and “switching of funds”.

    For those old-time savers who have had bought into UT years ago, looks like it is NOT the time to exit. But if you have had rebalance your portfolio yearly accordingly to your financial needs and exit plan – ie. higher percentage of bonds funds than equities fund, you’re doing fine …

    One last word, UT are SAVINGS instruments which has risks. BUT it is generally better than putting your money into a fixed deposit. (Cost of inflation is at or almost at par with the percentage given by the banks – so your money in the bank remain static, or cost more, in terms of what you can purchase in the future.) AND it do NOT mean all your savings should in UT – put some into fixed deposits or savings account in the bank for rainy days. And if you have the funds, put some into properties and be a landlord.

    One final word, there MUST be an income generator for savings to occur. The income generator (your JOB) is what makes you RICH, not the savings. Savings is just the means of spending your CURRENT riches efficiently.

    One final final word, a unit trust consultant is NOT a Personal Financial Advisor. The former is representing a Unit Trust Management Company just like an insurance agent is representing his/her Insurance Company and should only advise on the facts of investing into UT and the type of UT funds available in his/her company. While the latter is a qualified CPF and a license to do more. And it is really NOT that difficult to understand the nitty gritty of mutual funds or unit trusts – as long as you know that they are savings instruments for the future. Just like buying an insurance policy for the purpose of insuring yourself and property against mishaps, you yourself determine the amount of insurance you wants, not the insurance agent.

    A caution – above is just my own unqualified opinions as you would find in any internet forums and it do not necessary mean that I’m NOT bullshitting and talking nonsense in spite of the barely good english and grammar and time & effort to convey the horse-s…


  487. #515 by amin on March 25, 2008 - 5:16 pm

    hi…salam pada semua….

    4 info i will take cute in may…but apa yg merisaukan saya is as a new agent(PM) of coz i perlukan bimbingan dan bantuan dari mentor….but my mentor is in kuantan….so ada saper2 yg ble bantu tak….kalo investor dibenarkan utk tukar agen…bagaimana pula dgn agen yg ingin tukar mentor….sebenarnya sebelum saya sertai ut saya telahpun membuat research – 3 years…dan mmg saya akui got so many benefit in UT…secara tak sengaja i dpt mentor dari kuantan…i dgr kalo da grouping lebih memudahkan….
    hope ada yg sudi bantu saya…tq.

  488. #516 by Ban Lee on March 25, 2008 - 8:49 pm

    Yes, an agent can change his/her supervisor. Please go to your nearest PM branch and seek help from the Branch Manager.

  489. #517 by Ban Lee on March 25, 2008 - 8:57 pm

    Since you have registered for the cute test, you should be having the agent’s handbook as well. See section 8.0 on “Change of Servicing Agent/Upline”.


  490. #518 by amin on March 26, 2008 - 1:47 pm

    tq guys…

    so…after this ada saper2 yg ble jadi upline i ker…

    • #519 by shamsinar on April 15, 2008 - 11:37 pm

      U may call me…012 3716747 – KL

  491. #520 by Shah on March 27, 2008 - 5:55 am

    Ingin tahu lebih lanjut mengenai bagaimana Melabur dalam Unit Trust atau ingin menjadi Agent Unit Trust, boleh menghubungi saya di:
    Mobile: 012-6700 900

  492. #521 by Rey on March 29, 2008 - 1:04 pm

    senang je ambil CUTE test tu. If you really enjoy Unit Trust, sure u’ll pass the exam. I attended the CUTE course, and took the test on the following week. No problem, don’t worry 🙂

  493. #522 by nora turkish on March 31, 2008 - 7:11 pm

    ok, i’ve read somewhere recently (but could not recall where exactly) that in one of the new fund promotion (but definitely not public mutual), they have attractively offer a deal where the commission (normally the 5.25% or so) will only be deducted (or charged) once the fund price has increased ‘enough’ to enable for such ‘cut’. Anybody heard about this before..? Wouldn’t it be nice if publicmutual also apply the same rule…

  494. #523 by mfairuzs on April 1, 2008 - 11:47 am

    hi! Do you have unit trust company ranking? Based on profitable….Appreciate if u can give me pie chart…

  495. #524 by Shah on April 1, 2008 - 2:02 pm

    Hai Nora turkish..,

    Public mutual also have the promotion price on 5% and 5.25% on Direct Debit Instruction.. but i never hear that the service charge will only be deducted once the fund price increased!! Maybe be you heard it wrongly. Coz all rule and regulation is control by the SC (Security Commission) UT Company have to follow their guide lines.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group (Damansara Perdana)

  496. #525 by Rey on April 1, 2008 - 2:47 pm

    Yup,i do agree with Shahril,

    But pls be noted that there are funds from Public Mutual and Public Bank!

    From what I know (maybe they already change the rules) that Public Bank has no UTC. You have to walk-in for inquiry about the product. One thing that is good about Public Bank is that, if u r doing Direct Debit Instruction during promotion time, they will give u slighly less % on commision, and this is applicable throughout the years for the fund itself. So, grab the opportunity!

  497. #526 by nora turkish on April 1, 2008 - 11:00 pm

    okay shah, i just managed to recall and checked back…
    it is the new fund called ‘pacific dynamic trader fund’ by pacific mutual fund bhd… recently launched 12 mac 2008…
    you all can check it out at their web site… yes, no fees until we beat the fixed deposit returns…
    just that this fund doesn’t look like the normal public mutual fund… anyway, worth to have a look….
    btw, i’m not promoting this fund in any way.. but just to highlight that there is such thing as ‘no fees now but later’.. and hope public mutual also can consider this concept.. thanks and have a nice day..

  498. #527 by Shah on April 2, 2008 - 10:13 am

    Nora Turkish..,

    Thanks for the info.. we try to do better… thanks…

  499. #528 by Shah on April 2, 2008 - 10:59 am

    Nora Turkish..,

    After looking into the Pacific Mutual.. i think it make no different coz sooner or later they will still imposed the sevice charge fees..
    i hope you clear on this.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group (Damansara Perdana)

  500. #529 by Ban Lee on April 2, 2008 - 2:24 pm

    mfairuzs, regarding unit trust company rankings, it could be misconstrued as unfair criticism of the companies that are rank lower, and unfair promotion of those in the upper ranks. This would be unethical.

    Note that PDUT can be terminated by their Mutual Companies if they fail to adhere to ethical and code of professional conduct in promoting their company’s funds.

    There might be a crackdown on PDUTs who promote unfairly either the products or themselves in internet forums if things get out of hand and there’s complaints, so beware.

  501. #530 by Shah on April 3, 2008 - 7:29 pm


    I agree with Ban Lee on the Unit Trust company rankings…
    We dont compare any of the unit trust company.

    Thanks & regard,

    • #531 by shamsinar on April 20, 2008 - 4:30 pm

      I agree with Ban Lee comments.

      Thanks and regard

  502. #532 by chris yeo on April 3, 2008 - 9:57 pm

    wahhh .. so many comments here and so many agents here.. i have some questions i would like to ask before investing.

    i wanna ask..
    1) is this a good time to invest in unit trust?
    2) should i invest personally or invest using my company?
    3) what is the difference between personal and company investment in unit trust?
    4) if i using my company funds to invest, what benefits, like tax, cheaper fee, better returns, do we get?
    5) if i invest personally, what fund is good?
    6) if my company invest, what fund is good?
    7) how long must i invest?
    8) if we invest $2.3m, as agents, how would you take care of our investment?
    9) which unit trust company is better?

    thank you very much, i appreciate very much.

  503. #533 by chris yeo on April 3, 2008 - 10:13 pm

    i forgot to ask, what is difference between equity, balanced and bond funds in terms of tax benefits for a company and individual investing in unit trust?

    i hope the agents here can reply here.. let us the layman see how good your advice is…

  504. #534 by chris yeo on April 3, 2008 - 10:29 pm

    how do you see capital guarantee funds? is this better than unit trust?

  505. #535 by Fazrina M. on April 3, 2008 - 11:07 pm

    equity, balance and bond fund invests its funds in different companies of different market capitalisation/ risks etc etc… Equity number 1, balance no 2 and bond no 3 in ranking the higher risk of your investment.. but the higher the risk the higher the potential return is.. =) $$$$…

    For me, it is a good time to invest. Cause when the market is low, you can buy units at quite a cheap price. Although the US market is slowing down with the subprime issue (and a few experts even predicted will go on recession), it won’t adversely affect the whole including malaysia itself. Our economist only mentioned that this years ecomonic growth will be slow but not downwards. 1997 economic crisis was different as compared to our situation now which is much better and which Asians countries are still in control of. My friends bought shares at RM2.80 in 1997 and sold it at RM13+ in the next 5 years… The same rule applies lah… buy cheap now… go for long term… accumulate free units through distributions and after time when the time is right and when unit price shots up, sell it..

    profits that we gain from unit trust are not taxable (individual).

    Which fund is good depeneds on what type of person are you and your age and objective of investment.. Like me… stil young and not mucuh committment… I’ll go for aggressive fund. I’m focusing on China funds at the moment… maybe later diversify to others, if got extra cash. invest for at least 3 years to see the results… short term for UT cannot lah.. I personally after all the research I’ve done, will go for Public Mutual, given it’s track records, performances, fund managers, objectives etc. =)


  506. #536 by Shah on April 4, 2008 - 5:25 am

    Chris Yoe,

    1)In unit trust there is no good or bad time. as long you follow the 4 keys of investment you will be good. it’s just that this is the best time to invest coz fund have drop such a low price.

    2)Both investment either individual or cooperate is good.

    3)this answer can only tell you when we meet.

    4)this answer can only tell you when we meet.

    5)there is no such thing as good or bad fund.. it’s also depend on your age, risk level & your purpose of investment.

    6)Now days most investor are focusing in china market coz it’s the booming economy right now. china is developing now. a lot of facory have shifted there due to low cost n cheep labour. so a lot of business opportunity in investment.

    7)Investment in unit trust is a journey from 3 to 5 years.

    8)to invest in a big amount, my suggestion is that we diversify your fund alocation. that is we put some on equity, and some Dividen fund.
    never put all eeg in one basket.(but as i say just now it’s also depend on your age, risk factor and investment objective)

    9)This i cant answer you.. this would be unethical and against code of ethic for Unit trust consultant.

    • #537 by Rey on May 7, 2008 - 11:41 am

      Of course there is no good or bad time. but US is having their recession. Do u still dare to ask people to invest?

      • #538 by Mohd Basir Ahmad on May 7, 2008 - 6:51 pm

        It depends on the investor’s investment parameters i.e purpose, investment period etc etc etc. Think of the results in 3 or 5 or 20 years ahead with different options.

        If we can indulge in the mental masturbation on the econ cycle concept copulated with the mechanism of UT investment (type of funds and the behavior of each to benefit from, asset allocation, stock selection, portfolio management etc), we’ll find that it is wise to invest. At least, personally i won’t say yes to finishing up your gaji leaving zilch in your guchi, or lagging behind inflation rate at 5% in state pension fund whereas in fact i can get more considering N of 15 years, better R in totality for the PW amount that can generate better amount at the end of that period.

        Ingat lagi saya masa ’87 downward dulu coupled with high graduate unemployment, ada yg kata “uhh.. masok universiti pong, buke buleh khijo lo nih” of which i replied “mat yeh weh.. esok tok sama nga hari ni, oghe lain tok sama nga kito, buke molek ko kito masuk maso oghe tubik?” before going on brambling about the basic/economic of things and the perceptions involved.


        • #539 by Rey on May 8, 2008 - 1:38 pm

          What if you say anytime is good time to invest? and you invest now. And few weeks later, the market drop. And sure the agent will say ‘you should take advantage of the current market. you can gain more units if you buy now’. That’s y i said, better to wait for the market to stable. Though u can’t predict the market, there are lots of signs already. Shouldn’t just blinded make your decision without considering the variables.

        • #540 by Mohd Basir Ahmad on May 10, 2008 - 3:27 am

          Rey, salam and salutation,

          The answer lies exactly in your second sentence when you subliminally reflected your worry by writing “..And a few weeks later, the market drop..”.

          Lets ponder. Are you investing (in equity funds) for a few weeks ? Surely not, right?

          Please differentiate between “Saving” and “Investing” . Simple but not exact analogy, you keep the padi in the kepok for you to use next month, and the the timeframe is probably just a few weeks. But you tanam the padi at the baruh to get more padi as time goes by. So… My proper advice, for that a few weeks timeframe, hangpa pi letak dalam current account je, immediate boleh issue check. Kalau FD pun, ada termlock. Or you can try bond/MM as a placement option. Don’t worry, agents wont get direct commission from bond/MM (low-load units).

          We may refer back to the fundamentals of it. Economy (and thus market when some of the equity fund investment is made) runs in circles. Fund Managers will do asset allocation and stock selection as well as buy/sell, entry/exit amongst all. The aim is to “beat the market”. In its graphical presentation, the value graph will move up leaving the market and the gap will be wider. Again it goes back to one’s risk tolerance at that particular time.

          Sometimes we do hear ‘wait for the market to stable’. The question is, how stable is stable ?

          Pray tell/share what are the signs ? Would love to hear those, and compare the result between the placement options in 2011 or 2013.

  507. #541 by chinsiewmei on April 4, 2008 - 10:55 am

    Hi everybody. Good Day.
    Can anyone share with me the pros and cons about Capital Guaranteed Fund ? If I am not mistaken, PM do not have such fund, please correct me if I am wrong. Thanks in advance.

    • #542 by shamsinar on April 20, 2008 - 4:44 pm

      I have one product.

      Salient Features:-

      1. Capital Protected.
      2. Assured return – 8% ( pay half yearly )
      3. Potential Bonus of 4%
      4. Minimum for individu – RM100,000-00
      5. Min for Corporate – RM1.00Mill.

      Interested? Email me at or 012 3716747

  508. #543 by Fazrina M. on April 4, 2008 - 11:44 am

    Hey Chinsiewmei,

    check this out…

    it’s public mutual’s First capital protected fund from Public Bank.Althought managed by PM you can only get/buy em’ through public bank.

  509. #544 by shazli on April 4, 2008 - 2:03 pm

    im so happy to see my agent educating the public on unit trust. you know who you are. 🙂

    Chris Yeo,

    im an agency supervisor with LVG Consultants, an agency under Public Mutual. i would like to offer you my professional assistance in making the right investment decision for you and your company. Shall we have an appointment next week? i can be can contacted at 016-2336440 email:

  510. #545 by chinsiewmei on April 4, 2008 - 4:19 pm

    Thanks Fazrina M. appreciate it.

    I just come across one article as link

    I hope I am able to read some comment from all level on this article .. as I am still new in UT ..

  511. #546 by Shah on April 5, 2008 - 4:36 pm


    Thanks Bro…..

    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group

  512. #547 by majid on April 5, 2008 - 7:20 pm

    salam kepada semua…sy berniat to become UTC…tapi bleh tak sesiapa kat luar sana bagi tau berapa komisen yg agent UTC akan dapat??tq:)

  513. #549 by Ban Lee on April 5, 2008 - 8:52 pm

    chris yeo hap seng, ask your accountant. LOL.

  514. #550 by Shah on April 5, 2008 - 9:44 pm


    Disini saya tak boleh terangkan. Untuk keterangan lebih lanjut En. Majid boleh la hubungi saya di 019-3373380 .

    Sekian terima kasih.

    Shahril Riza Mokhtar
    Public Mutaul
    LVG Group
    Unit Trust Agent Supervisor

  515. #551 by majid on April 6, 2008 - 2:26 am

    saya ader kemusykilan lg encik shahril..adakah sistem komisen yg diamalkn utc ini menerupai Multi level markeitng?betulkan sy jikalau statement sy salah…:)sebab,sebagai org islam,sy perlu tahu carta pengalira duit keluar masuk..harap encik shahril dpt beri penjelasan

  516. #552 by majid on April 6, 2008 - 9:43 am

    en.shahril,adakah sesorg yang hendak menjadi UTC perlukan upline?boleh tak sy daftar as first upline n sy create group sy sendiri?

  517. #553 by Shah on April 6, 2008 - 10:16 am


    1)sistem pengiraan komisen bukan sama seperti Multi level. Dalam multi level bila kita recruit downline kita akan mendapat komisen tetapi dalam Unit trust tidak!

    2)Seorang yg hendak menjadi UT agent harus mendaftar dengan agent yg berdaftar untuk permulaan. disamping itu juga setiap agent baru harus lah mendapat didikkan dan sokongan dari upline untuk terus berjaya.

    En.Majid boleh hubungi saya di 019-3373380 untuk saya terangkan dengan lebih terperinci lagi & memahaminya.

    Shahril Riza Mokhtar
    LVG Group (Damansara Perdana)
    Unit Trust Agent Consultant

  518. #554 by Fazrina M. on April 6, 2008 - 7:54 pm

    Hey chinsiewmei,

    I’ve read that article (on Robert Kiyosaki) long time ago too… Everyone’s entitled to their own opinion on any types of investment and you are too.

    If that investment is profitable why would we wanna let it out of sight? In the end, you yourself will lose that opportunity and rugi.

    When I first started of with learning about UT.. It took me quite sometime before i decided to invest in it.. So take you time, do your research. But remember, time is of the essense ~~~ Grab those opportunities now.

    • #555 by Mohd Basir Ahmad on May 7, 2008 - 7:00 pm

      It is a loss to let opportunities pass by without doing anything.

  519. #556 by mfairuzs on April 8, 2008 - 6:30 am

    Dear all. I’m still not understand with “Dollar Cost Averaging” & “distribution”, are there have any calculation?
    …& I got red & green pamphlets, which is mentioned about fund performance table But I wonder there have different with returns (for example) 1 year return in Public Ittikal Fund in RED pamphlet is 52.55%(as at 13 July 2007) and in green pamphlet is 38.57% (as at 31 dicember 2007). No same like ASB & EPF, they got fix returns every year.

    Thanks & apreciate ur answer.

  520. #557 by Shah on April 8, 2008 - 4:50 pm


    Can we meet to clarify your doubt? it’s hard to explain if i dint see which red & green Phamplet that you are talking..


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group Damansara Perdana
    Mobile: 019-3373380

  521. #558 by mfairuzs on April 8, 2008 - 9:34 pm


  522. #559 by mfairuzs on April 8, 2008 - 9:35 pm


  523. #560 by mfairuzs on April 8, 2008 - 9:49 pm

    Sorry, I got problem with Novell.
    FYI I live in Melaka, so I think is hard to meet.
    I thought both pamphlets are common used by agent. The red one is mentioned ” Biggest Winner for 4th Straight Year!” and Green is content “big 1″ and mentioned ” the No.1 unit trust company in Malaysia is proud to be The Most Outstanding Islamic Fund Manager”. Both at back mentioned the funds performance (returns) in different end of date. The details as follows:

    (for Public ittikal Fund)
    RED: as at 13 July 2007:
    1 Year returns: 52.55%
    3 Years returns: 80.65%
    5 Years returns: 138.79%

    Green: as at 31 December 2007:
    1 Year returns: 38.57%
    3 Years returns: 81.65%
    5 Years returns: 167.15%

  524. #561 by Shah on April 8, 2008 - 9:54 pm


    FYI i every weekend go to melaka. I have client in melaka even in JB. there is no problem to see you.


    Shahril Riza Mokhtar

  525. #562 by mfairuzs on April 8, 2008 - 10:34 pm

    Ok Shah… my phone number is 012-2293870…I wish we can meet.

  526. #563 by Joshua D on April 9, 2008 - 11:40 am

    I am a consultant for Public Mutual in JB, can also cover whole of Johor and KL area. You are welcome to call me also at 016 2170730. If I do not pick up the phone, pls. leave message or better just sms and I will call you back..


  527. #564 by zura on April 10, 2008 - 4:10 pm

    any PM agent here in kuantan..plzzz ym mmkzura

  528. #565 by Shah on April 10, 2008 - 4:24 pm


    I’m Public Mutual agent. Please sms me or email me your YM address.0193373380. Thanks.

    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group Consultant

  529. #566 by Carson Ding on April 10, 2008 - 11:24 pm

    Hi all,
    I noticed that there are many discussions going on here daily on Unit Trust.

    Why not discuss it in a forum?

    I am an administrator of a new forum and would like to invite all of you to discuss it there. Please visit:

    Carson Ding

  530. #567 by Roy on April 11, 2008 - 12:22 am

    Sesiapa boleh tolong explain apa itu Non Allowance Expenses(terdpt di penyata pendapatan yg diterima)? Adakah ia termasuk dlm tolakan cukai seksyen 110(lain-lain)dlm borang BE?
    Terima kasih.

  531. #568 by bert on April 14, 2008 - 1:05 am

    im a new agent 4 unit trust..
    plss help me…
    im quite new in public mutual..
    i’ve so mny questions to ask..
    n dunno how to start…
    how to apprch..
    n how to answer their question..
    FYI, my age is 24 n female….

    • #569 by donn on April 14, 2008 - 4:20 am

      bert why not you ask your upline….
      he/she should help you anytime,anywhere when needed…

      • #570 by Mohd Basir Ahmad on May 7, 2008 - 7:04 pm

        – pls pinch your upline’s earlobes (both).
        – pls attend courses provided (quickstart, success101, FUTI), drag your upline along.
        – pls call Agent Service.

  532. #571 by Shah on April 14, 2008 - 9:31 am


    i agree with Mr.Donn. Did you ask your upline to teach you? And to all agent please take a good care of your downlines and provide then with training so they are prepared.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor

  533. #572 by chinsiewmei on April 14, 2008 - 2:02 pm

    Just to know what is the advantage for the newly lauched fund compare to old funds…. Appreciate some comments or opinions…

  534. #573 by Carson Ding on April 14, 2008 - 3:58 pm

    chinsiewmei, the advantage of newly launched fund in the case of Public Mutual is the sales charge is lower. For Equity funds, it is usually at 5% whereas old funds are at 5.5%.

    So, you can save 0.5% sales charge.

    There are disadvantages to purchasing new funds. The fund may not have stabilized yet. The price may fluctuate up and down easily. The return may not be consistent.

    Carson Ding
    blog at
    forum at

    PS: I would like to invite you all to sign up free at the forum: Let’s have a systematic discussion in a forum.

    • #574 by chinsiewmei on April 14, 2008 - 5:46 pm

      Carson Ding, again, appreciate your kind advice… tqvm.

  535. #575 by bert on April 14, 2008 - 10:44 pm

    Mr.Shah & Mr.Don..
    thnks for ur advices..

    i hope anyone can answr my several questions..

    1) what is service charge?


    3) wuts the meaning of “the range from 75% to 95% of its NAV”

    4) each funds stated that “minimum additional investmnt is RM100…” wut is it?

    im sorry for these “merepek” questions…

  536. #576 by Husna Hassan on April 15, 2008 - 10:30 am


    No worries, no questions are ‘merepek’ questions.. 🙂

    1. what is service charge?
    Service charges are implemented upfront the moment the investor invest (or buy). This practice is also known as front-end loading. Service charges vary according to the fund’s characteristics. High growth aggressive funds and overseas funds usually incurs higher service charges while fixed income and bond funds would incur minimum service charges or non at all.

    You can treat service charge like a form of service tax when you are ordering a Mc Value meal at Mc Donald’s. In this case, instead of paying the service tax after they bring you the food, they will usually take 5% worth of your French fries and charge you a bill without the tax.


    DIRECT DEBIT AUTHORIZATION form is for you to choose to invest consistently by deducting from your account monthly. As we all know, we won’t be able to discipline ourselve to invest into the account unless it’s deducted from our account monthly. It’s an option for you to choose, there is no enforcement to that.

    You may add on to your existing investments as and when you wish, or on a regular basis. The minimum additional investment for most of our unit trust is RM100. You may make your investments at our Head Office, branch offices or at Public Bank and Public Finance branches or at any of our collection centres throughout Malaysia.

    To elect to invest on a regular basis, you may arrange a Bank Standing Instructions with Public Bank, Public Finance, Maybank Autodebit or Bank Simpanan Nasional.

    3) wuts the meaning of “the range from 75% to 95% of its NAV”
    – let the experts answer this. I’m not sure of the answer..

    4) each funds stated that “minimum additional investmnt is RM100…” wut is it?

    It’s related to item no 2. you can add your investment anytime you like, with a minimum additional investment of RM100

    That’s all, hope this helps.

    Husna Hassan

    • #577 by Jason on April 16, 2008 - 2:28 pm

      NAV stands for “Net Asset Value”. Each mutual fund normally stated the percentage of fund that will be invested in equity/bond.

      Equity fund tends to invest more (75-90%) in stock market – meaning the fund manager will allocate 75-90% of NAV of a fund into buying shares and leave the rest in bond/security market.

  537. #578 by Jason on April 16, 2008 - 3:48 pm

    DCA (Dollar Cost Averaging) or not DCA

    For those who have ever listened to investment talk from mutual fund/insurance agents will definitely hear about the benefit of DCA – meaning investing a fixed amount of $ in regular (monthly) basis into mutual/investment linked fund.

    As most will find it a compelling reason to practice DCA, some savvy clients would want to find out more (especially the disadvantages of it) about DCA before making their decision…..of course that’s your right to do so since its your money!

    I happened to stumble across this article,, about the disadvantages of DCA as I prowled thru the web , and can’t help to give my views about it….

    1) There is no doubt that regular investment does not work as good as lump sum investment when the market is up constantly – meaning your regular investment would grab lesser units as the fund price keeps going up. However, as we know such market does not exist in any part of the world.

    2) Investing randomly will sure give you a better return if you can monitor your fund price and share market everyday, yet have the time to drop by at bank any day to top up your investment when price falls…….sadly, as we know even house wife can’t do it these days!!

    3) Regular investment guarantees the worst return for investor that can time the market….unfortunately even Warren Buffet can’t time the market.

    As much as I disagree with the author’s views about regular investment, I can’t help but agree on one statement in the article – “However you do it, investing is better than not investing.”

    So happy investing…..of course with me 🙂


  538. #579 by bert on April 16, 2008 - 8:44 pm

    thanks for the great in4mation..

    it’s very useful 4 me..

    thanks again…

    c u at the top..


  539. #580 by nafisa on April 17, 2008 - 12:29 pm

    salam.. i need some help here.. i already passed the cute exam.. so, now i would like to start my journey in unit trust.. my question is, what is the idea and strong point to approach my client.

  540. #581 by shamsinar on April 17, 2008 - 6:37 pm


    U wont get a clear direction by learning thru Blog. Maybe u can call me at 012 3716747.

  541. #582 by asyraf on April 18, 2008 - 2:46 pm

    assalamualaikum and good evening to all…

    I come across this blog yesterday while finding some info on unit trust and investing tips..
    Just want some info.. which is better.. buy investment link insurance or invest in unit trust.. looking for anyone with the vast knowledge in insurance and unit trust to teach me.. thanks..

    • #583 by Amar on April 21, 2008 - 11:50 am

      Hi there,

      I am currently a Financial Consultant and I think I would be able to help you in term all you need to know about insurance and investments. call me at 0162215364

  542. #584 by Haslinda on April 18, 2008 - 9:30 pm

    I want to be unit trust agent. Can you guide me or meet me on how to register?…

    • #585 by Jason on April 18, 2008 - 11:27 pm

      Hi Haslinda,

      Are you in Klang Valley? I’m more than happy to walk you thru the process of being a mutual fund consultant..

      You may write to me at

    • #586 by shamsinar on April 19, 2008 - 1:24 pm

      Hai Linda,

      Do you want to offer your client with more options ( unit trust ). Please explore yourself with me. DONT LIMIT YOURSELF WITH ONLY ONE COMPANY.

      Call me at 012 3716747 OR email me at

      • #587 by Mohd Basir Ahmad on May 7, 2008 - 7:10 pm

        I find marlboro light satisfies me.

  543. #589 by farid_bala on April 20, 2008 - 10:21 am

    hi everybody,
    i have gone thru very good knowledge and info on for these blog. Congrate to Irwan and the rest. I am UT consultant myself and still lots of thing to learn before we go out there and serve the client.

    Just to share some doubt..Currently I invested myself about RM 25K in total of 6 fund (LOCAL/CHINA). AND all are EQUITY FUND with different fund objective. When market currently tumbles and high volatile, I found my invesment loss bout RM 6K.

    This is bad omen since we are talking bout generating better return with minimal risk a.k.a losess when promoting UT.

    Heard people talking on Asset Allocation and Rebalancing..Personal Money magazine this month issue made good coverage on this matter..but I still dont clear how does it work..? and how to promote to new investor…

    please advise..


    • #590 by shamsinar on April 20, 2008 - 3:28 pm

      First of all…u as a UT Consultant shud aware of the current market status before invested in Global Market. At the moment….please avoid investing in Global Market. I think you know why….

      Asset Allocation is very very important and also you should know how to balance up your client portfolio.

      Remember dont put all your money into 1 basket….diversification is important.

      RM25K – U SHUD INVEST IN LOCAL EQUITY, BALANCED FUND / DIVD FUND AND MONEY MARKET. Money market will help you a lot, especially during market tumbles.

      If you want to learn more on market outlook….email me a I will show you the way and where you can get this kind of info.

  544. #591 by jai on April 20, 2008 - 11:25 am

    my & my pren experience in labur kat CIMB UT, masa promosi dtg pejabat -bukan main lagi itulah inlah lepas 6 bulan takde sape moniter bila dah naik harga setahun lepas tu cuba call , agenn2ni dah sdah berhenti kerja , cal office UT semua tak nak ambik tjawab, akhir nya kita yg susah,dahlah gitu cash pulak tu , akhirnya lepas pilihan raya semua UT jatuh macam buah nangka busok, nak tunggu naik lagi tunggggguuuuu lagi 2 tahun. mungkin aku ni hanya pelabur kecik tak macam bos aku labur 100-RM300k.

    • #592 by shamsinar on April 20, 2008 - 3:22 pm


      Tidak semua UT Consultant begitu, maybe happen to be you terkena yang tak beretika,bak kata pepatah “KERANA NILA SETITIK ROSAK SUSU SEBELANGA “. If you want, i can assist to monitor for you. Just give me your name, ic number, name of fund and the price ( 1st investment ).

  545. #593 by shamsinar on April 20, 2008 - 4:27 pm

    Let me give you two examples of how the Rule of 72 may be used.

    First, in mentally calculating how long it takes to double the value of a portfolio. Second, in figuring out how long it takes inflation to halve the purchasing power of money.

    If you have a well-diversified savings and investment portfolio that gives you a steady 6% growth rate each year, then on the surface, it would appear that to double the value of your portfolio, which means generating a total simple return over time of 100%, you would require 100 divided by 6 years, or about 17 years to do so. But actually it takes less time because of the growth boost provided by compound interest, which impressed Albert Einstein so much he declared it the 8th Wonder of the World! The snowballing growth of a compounding portfolio means you can reach this target faster than is generally expected based on mere linear mathematics (such as straight addition).

    Before I show you how the Rule of 72 might be used to quickly generate the correct answer to a compound interest calculation, let’s do things the long, slow way…

    If you begin with $1,000, after one year you will have $1,060. If we then multiply 1.06 to that new base sum of $1,060, we see that after two years you’ll have $1,124.

    As we continue with this sequence all the way to the point at which an approximate doubling of value from the original $1,000 to $2,000 has been reached, you are welcome to follow along with your calculator to double check my numbers. To keep the presentation clearer, I’ll take the liberty of rounding off the decimal places to the nearest integer:
    After three years, you’ll have $1,191. Let me now show you the amounts after four, five, six and so on up to twelve years: $1,262, $1,338, $1,419, $1,504, $1,594, $1,689, $1,791, $1,898 and $2,012.

    Doing things through arduous calculation shows us that it takes us about 12 years to double the value of our initial investment from $1,000 to $2,000, if we enjoy a steady 6% annual growth rate. Note that if we take this seemingly magical number of 72 and divide it by the raw number representing the interest rate, in this case 6, that 72 divided by 6 = 12!

    What’s astounding is that this isn’t a rare coincidence. Regardless of what normal interest rate we might use, say in the range of 1% through to 20%, division of the number 72 by the raw interest rate gives us a good indication of how many years it takes to double value. So, for instance, if you have a savings account that grows your money at 2% year, you may use the Rule of 72 to quickly figure out that 72 divided by 2 = 36 years is required to double your money, while an investment portfolio growing at a compounded annualised growth rate of 7.2% would double in value over 10 years.


    Pretty much the same thing applies if we want to get a handle on how long it would take for a particular inflation rate to halve the value of your money’s purchasing power. For instance, if we have a steady inflation rate of 4%, what this means is that if something you wish to buy is $100 today, it will cost $104 next year. I won’t bore you with the complete sequence of compounding costs, but if you take the time to run the numbers yourself, you’ll find that after 18 years, the cost of that particular item would be $2,026, which is pretty close to $2,000.
    A 4% inflation rate will double the cost of items in 18 years.

    Once again, we find that if we whip out that magic number 72 and divide it by the raw inflation rate, this time 4, we end up with 72 divided by 4 = 18! I think that’s really cool.
    Another way of looking at inflation is to consider how quickly the purchasing power of money erodes. If by the Rule of 72, it takes 18 years for a 4% annual inflation rate to double the cost of goods and services, then it is just as accurate to say that by the Rule of 72, it takes 18 years for a 4% inflation rate to HALVE the purchasing power of your cash.

    If you’re mathematically inclined, you will have quickly grasped the structure and importance of the Rule of 72. But if you aren’t keen on numbers, I’ve probably given you a headache by now. So, either way, I’ll stop soon. ( hp-012 3716747 )

  546. #594 by shamsinar on April 20, 2008 - 5:09 pm

    In the wake of the turbulence of stock markets in recent months, unit trust investors may be tempted to either sell or buy. However, investors are advised to remain calm and practise dollar cost averaging with their long-term goals in view.

    When regional and global markets succumbed to panic selling in August 2007 and more recently in January 2008, the severity and sharpness of the correction was large enough to make unit trust investors ask themselves whether they should redeem now to stem further losses or buy more units at currently low prices.

    In fact, if they practise dollar cost averaging, they need not concern themselves with these timing issues. Dollar cost averaging enables investors to automatically buy more units when prices fall and fewer units when prices rise.

    It is especially during times of market volatility that individual investors should remain focused on their long-term investment goals and keep their emotions from influencing their investment decisions. A disciplined and methodical approach to investing is the key to long-term investment success.

    Unit trust investors are advised to buy and hold their investments for the medium to long term.

    The buy-and-hold principle is based on the notion that a good investment will generate reasonably attractive returns over the medium to long term.

    This also means that investors are able to distinguish between daily movements in the market and the underlying long-term value of their investments.

    Professional fund managers buy and hold for the medium to long term as they are prepared to wait patiently over several years for their investments to reach their intrinsic or fair values. For the unit trust investor, the ‘buy-and-hold’ strategy can also be applied by holding on to a well-selected unit trust fund over a period of at least three years.

    There are some investors who believe they can achieve superior returns by timing the purchase and redemption of equity funds to profit from the stockmarket’s short-term movements. These investors are tempted to engage in timing the market especially in an environment where equity markets are volatile. Such investors who wish to make quick gains in the stock market by switching from one fund into another fund will often be disappointed.

    Market timing strategies that are often recommended by ‘investment experts’ have seldom been successful. This is because stock markets are inherently volatile and are impossible to predict with numerous factors, both domestic and foreign, affecting daily and weekly fluctuations in stock prices.

    Investors who wish to take a more active approach with their investments by timing the market will expose themselves to many risks. In order to profit from the market’s short-term trends, the investor has to correctly predict the market’s trend and its turning points.

    Without the appropriate skills to discern signals and time the entries and exits, the market timer may not only miss opportunities, but also potentially suffer the blow of rapid losses. Also with a higher frequency of fund switching, investors will have to incur increased transaction costs.

    Investors who are concerned about market volatility are advised to practise dollar cost averaging as this strategy enables investors to focus on the long-term investment goal and not worry about the prevailing level of the market.

    Dollar cost averaging is simply investing a fixed amount of money in a financial asset (such as a unit trust fund) on a regular basis (monthly, quarterly, biannual) regardless of the market cycle. By investing a fixed amount on a regular basis, investors will buy more units when the market is lower and fewer units when the market is higher. This strategy will produce a lower average cost of investment than the average market price over any given period.

    In addition, investors are also advised to rebalance their portfolios regularly at least once a year to ensure that their portfolio allocation reflects their investment objectives and risk profile. Thus if, as a result of an uptrend in stock prices, an investor’s equity exposure has exceeded a level consistent with his risk tolerance, he can trim a portion of the equity funds and switch into bond or money market funds to rebalance the asset allocation accordingly.

    Maintaining a target asset allocation reduces the risk that the portfolio becomes too concentrated in a single asset class.

    In conclusion, unit trust investors should always focus on achieving their medium to long-term investment goals. The practice of dollar cost averaging and regular portfolio rebalancing are effective tools that help investors remain focused on the long term horizon and prevent them from over-reacting to short-term movements of the stockmarket.

    Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts – administrator view and it is not to be used against Malaysia Unit Trusts – administrator.

    Islamic Financial Consultant
    HP# 6012-3716747 /

    • #595 by Pak KO on April 20, 2008 - 11:43 pm

      I like what you spoke and wrote.Learned many things from you rather than from my supervisor.Perhaps we can go along well as I`m now a new agent and agressive…

      • #596 by shamsinar on April 21, 2008 - 6:22 am

        Pak Ko….

        U may call me at 012 3716747 or En N at 012 2966747

  547. #597 by TiNg on April 20, 2008 - 7:05 pm

    As shaminar mentioned b4, avoid investing in Global Market now. So is it mean that we should encourage investors to invest in local or asean market or dividen or balance fund?
    I had invested 3 funds, PIEF, PCIF and PSEASF, so is this your mean of diversification?
    Hope you can answer my questions, thanks

    • #598 by shamsinar on April 21, 2008 - 6:24 am


      What is PIEF / PCIF AND PSEASF….sorry…I’m not from Public Mutual….but if you diversify your client money correctly as waht i suggest….u will be on the correct track.

  548. #599 by Jean Chai on April 20, 2008 - 9:34 pm


    So long as you are investing in equity funds, I won’t say u have done your diversification. No doubt u have invested in different regions, however, needless to say, when the world eco is heading south, none of the regions are going to be spared. Moreover all the three selected funds of yours are aggressive in nature.

    Having said so, if you are looking at long term investment (without knowing your age),you really don’t have to worry too much. If you read the previous message on how “rule of 72” works, you will have a rough idea that agressive funds will give you better window opportunity to double your invested amount.

    I too will advice agaist investing in Global Fund. My point of view is pretty simple – not only we are looking at capital depreciation, we are facing currency depreciation too!

  549. #600 by Pak KO on April 20, 2008 - 11:43 pm

    I like you…..

    • #601 by shamsinar on April 21, 2008 - 6:25 am


  550. #602 by TiNg on April 21, 2008 - 9:11 pm

    Thanks for Shaminar and Jean Chai’s advise. Actually i’m 24 years old. i just graduated and started working abt half year. I’m working at Singapore.So which 1 of global fund ll u recommend to me? I hear somemone ecommend me abt India fund but public mutual doesn’t launch out india fund. Do u know any company offer any india fund? Thanks

  551. #603 by Jean Chai on April 21, 2008 - 10:18 pm


    I am from P. mutual. So I am not sure which company is offering India fund now.

    Personally, I am attracted to China related fund because China would be the next eco giant. As to date, China already the 3rd biggest eco in the world, overtook Germeny. I have invested a fair bit into both China Select and China Ittikal Fund. I am confident these two funds will show me the return I am looking for.

    I intend to talk about China’s eco in my blog –

    As for you, just stay invest. I have a close friend whom started work earlier(I went NZ to further my study), started her investment with P.M since year 1997. Her salary was low then. She only manage to invest a small sum monthly and her yearly bonus. As of today, she has a first RM 100k with Public Mutual. If you ask her, she will tell you if she has not made a decision to invest at her young age, she will not have the RM 100k cash now. Most likely all spend on goods that depreciating in value.

    Good luck and stay focus to your investment objective!

  552. #604 by TiNg on April 21, 2008 - 10:46 pm

    Thanks for ur info. Actually i alr invested in PCIF, PIEF and PSEASF. i juz trying to look out other company whether offers india fund or nt. At the same time i ll taking CUTE exam soon. Hope to get more knowledge n opinion abt our future economic trend and the suitable funds can recommend to investor at this blogs. THnaks for all comments. It makes use to me. Good nite!

  553. #605 by shamsinar on April 22, 2008 - 6:50 am

    ting….sorry not much info.

    please refer asian investor….14th March 2008.



  554. #606 by amin on April 22, 2008 - 2:35 pm

    can anybody explain about risk…

    katakanlah i invest kat new fund RM 10 K.
    RM10 K @ 0.25 = 40000 unit.After 1 week price drop to 0.15..meaning i lost unit=RM.Is it true…

  555. #607 by shamsinar on April 22, 2008 - 8:17 pm

    1. Sebelum u invest….u kena tahu u ni risk taker kategori mana( aggresif / moderate ).Than baru u pilih fund.

    2. Loss tu hanyalah on paper….u kena ingat, unit trust ini adalah long term investment. Mengikut apa yang u cakap, drop sehingga RM0-10 sens….ini mestilah fund yang terlalu aggressif ( 93% over equity ). Ingat…u kena diversify….this is your mistake.

    3. Loss memanglah loss tapi hanya ON PAPER…maybe later ou boleh buat DCA dan switch your money to maoney market for capital preservation. Ia akan membantu u semasa harga jatuh.

    Maaf kalau u tak puas hati dengan jawapan i but u can ask more….

  556. #608 by Jean Chai on April 22, 2008 - 10:37 pm


    If you bought at 0.25 and the price now is 0.15, your loss in percentage, and RM would be as follow:-

    (0.25-0.15)/0.25 = 40% or

    40% X 10k = RM 4,000

    By the way, I am not sure you are investing with which unit trust company, but do take note that you have to factor in your service charge as well. For eg, if you are investing with P.Mutual, the service is 5.5%. So for your 10K investment, your initial cost is not RM0.25, but is

    RM 0.25 X 1.055 = RM 0.2637

  557. #609 by amin on April 24, 2008 - 10:53 am

    maaf shamsinar..saya masih tak paham..apa maksud u LOSS ON PAPER..

    • #610 by shamsinar on April 24, 2008 - 6:50 pm

      Loss on paper sekali u tak materialise it…maksud i selagi u tak redeem le..

      • #611 by amin on April 25, 2008 - 10:05 am

        oooo…baru saya paham….mcm share juga la kan…floting..thanx

        • #612 by nshamsinar on June 14, 2009 - 5:17 pm

          SALAM AMIN…

          U dah start but investment in unit trust ke?

  558. #613 by farish on April 24, 2008 - 1:25 pm


    blog niee bagus, banyak info aku dapat. boleh tak korang semua tolong aku..

    aku baru isi borang jadi ejen public UT nie, belum periksa pun lagi… ingat bulan mei nanti. untuk berjaya sebagai sales conslt UT niee perlukah kita buat full time… boleh berjayakah… sebab aku dah letih kat bidang engineering niee.. ingat nak berenti keje buat UT niee jek.. sbb aku dah ada basic sales n ramai gak org yg aku kenal… tapi semua tuu engineering punya orang la kan… prospek tuu… apa aku nak buat sekarang? aku resign sekarang… semangat niee…

  559. #614 by amin on April 24, 2008 - 5:30 pm

    penah dgr pepatah nih…DGR GURUH DI LANGIT AIR DITEMPAYAN DICURAHKAN…peace….

  560. #615 by Irwan on April 24, 2008 - 5:59 pm

    setuju, zaman skrang, dgr guruh dilangit, start la bine tempayan lagi 1.

  561. #616 by asyraf on April 24, 2008 - 6:13 pm

    dalam betul kata2 tu.. menusuk kalbu sungguh..

  562. #617 by shamsinar on April 24, 2008 - 6:49 pm

    Farish oiiii…
    Betul kata dia orang….baru dengar guruh di langir, air ditempayan dicurahkan.

    Mula mula nie buat Part Time dulu…dah nampak agak stabil, barule buat Full time…

    Jangan rushing….especially kalau u dah kahwin ( kalau dah kahwin le)

  563. #618 by asyraf on April 25, 2008 - 10:56 am

    apa benefits yg boleh dapat bila jadi UTC nie?? menarik sgt ker smpi sanggup berenti keje?? mcm mana nak dapat benefits mcm tue?? cuba cerita sikit.. mana tahu mampu menarik minat saya utk jadi sorang UT agen satu hari nanti..

  564. #619 by farish on April 26, 2008 - 12:34 am

    aku dah kawin, wife aku keje… cikgu sekolah… sebenarnya aku dah letih buat untung buat bos aku.. biz masuk juta2 tapi bonus aku ciput jek… tapi gaji sekarang memang ok.. cuma tak ada financial freedom… lagi sepoluh tahun aku keje pun ingat sama… aku ikut cakap irwan.. kena buat satu biji tempayan lagi…satu tak cukup maa… duit simpanan aku cukup untuk menampung hidup aku sekeluarga untuk setahun kalau aku tak keje… aku harap langkah aku niee betul..

  565. #620 by farish on April 26, 2008 - 12:36 am

    aku dah kawin, wife aku keje… cikgu sekolah… sebenarnya aku dah letih buat untung utk bos aku.. biz masuk juta2 tapi bonus aku ciput jek… tapi gaji sekarang memang ok.. cuma tak ada financial freedom… lagi sepoluh tahun aku keje pun ingat sama… aku ikut cakap irwan.. kena buat satu biji tempayan lagi…satu tak cukup maa… duit simpanan aku cukup untuk menampung hidup aku sekeluarga setahun kalau aku tak keje… aku harap langkah aku niee betul..

  566. #621 by shamsinar on April 26, 2008 - 10:11 am

    Betul tu..memang u kena wujudkan satu tempayan lagi TAPI bukan sekadar wujudkan tapi tak diisi atapun diisi tapi asyik DEBIT aje pun tak guna. Yang paling paling penting adalah disiplin…..buatlah tempayan banyak manapun tanpa ada disiplin…..hancus.

  567. #622 by asyraf on April 26, 2008 - 12:42 pm

    kita dulu belajar merangkak dulu.. kemudian dengan usaha gigih, kita berdiri dan berjalan.. x kira berapa kali jatuh pun kita tetap usaha nak berdiri dan berjalan.. kemudian, bila stabil baru kita berlari.. tapi semua tu datang dengan usaha yang gigih dengan dorongan dan bantuan ibu ayah.. jadi nak berjaya dalam hidup pun mcm tue.. jangan lupa mcm mana kita berusaha dulu..

  568. #623 by asyraf on April 26, 2008 - 12:55 pm

    anyway, selepas membaca hampir seluruh komen dalam ni.. saya rasa berminat utk invest sedikit duit dalam unit trust ni.. ada mana2 agen berminat utk berjumpa dan menerangkan dengan lebih lanjut pasal unit trust ni?? just a hint, I would like to start small first i.e. 1.5k with monthly contribution of RM100.. so, any interested agent email me at (hopefully not regreting this)