Understanding Mutual Fund


Thanks for one of our visitors here for asking me about this matter. Let me summarized technical detail of Mutual Fund or Unit Trust.


  1. Mutual Fund is a group of selected stocks/bonds that are professionally picked by the fund Manager. The picked stocks/bonds are believed to yield acceptable returns.
  2. The selling price will be charge around 6.7% percent above the Net Asset Value (buying price)
  3. Selling price = the price you have to pay to buy the mutual fund
  4. Buying price(NAV) = the price that you will get when you sell your mutual fund
  5. There is a 1.5% annual fee (depends on type of unit trust) that you have to pay each year.


When will I know that I have actually gained profit?

Mutual fund price is just like usual stock price, which goes up and down everyday. The price is determined at the end of trading period each day. Below is the price table for Public Mutual Funds:

public mutual funds

Basically, you will buy your mutual fund using ‘sell’ price (right-hand price) and you will sell your mutual fund using ‘NAV/buy’ price (left-hand). To earn profit, the current NAV must exceed the sell price when you bought that fund. From past performance, Public mutual could achieve 6-15% per year.

Example of calculation:

A year ago, I bought RM10000 Ittikal Unit trust with selling price RM 0.7500 per unit. So total unit that I get was 10000 / 0.75 = 13333.33 unit

Yesterday, the NAV/buy price has became RM 0.8004. I decided to sell all my unit trust. So the total money that I get from the selling is 13333.33 x 0.8004 = RM 10672

Basically, I earned RM672 from this investment.

Hope this could answer some of your questions.

  1. #1 by Mohd. Awang Razdi Bin Mutalib on July 18, 2006 - 10:29 pm

    Thanks for the info.

    By the way, can you get your profit by monthly, or it is fixed for a year?


  2. #2 by Irwan on July 18, 2006 - 11:10 pm

    Dear Mr. Awang Razdi,

    mutual fund have 2 kind of profit.

    1. the appreciation of the value ie. the the NAV value increase over time

    2. the distribution yield. Distribution yield is given according to the type of fund. Some funds give 6-8 % per year if the business is good. What it means by distribution yield is a percentage given to shareholder in term of bonus units. However, after the distribution, the NAV will reevaluate to the same percentage of the distribution.

    In simple term: If the distribution yield is declared as 5%, the NAV will be reduced by 5%.

    To answer your question, there is no monthly or yearly profit. It’s just depend on the price perunit at the current moment.

    By the way, as far as I know, Maybank offers online service for unit trust. You can buy and sell your unit trust just with clicks of buttons. So you will have a total control of when to buy and when to sell. That’s neat

  3. #3 by Mohd. Awang Razdi Bin Mutalib on July 18, 2006 - 11:23 pm

    thanks for the great info.

    I will invest in unit trust very soon.

  4. #4 by Irwan on July 18, 2006 - 11:33 pm

    oh don’t thanks me.. it’s my pleasure to have you here. good luck on your investment

  5. #5 by Ummi on July 21, 2006 - 1:02 pm

    Interesting…. Very interesting….

    Thanx for the compact and precise explanation. I’ve seen the buy/sell price on tv & newspaper all my life but only today that I understood what they mean!!! Thanx Irwan 😉

    Personally, the stock market is the scariest business that I could ever imagine. Not only I don’t understand a thing (ehem…hehehe… *blush*), I believe that you’ll go bankrupt if you ever get involved in it!

    Thankyou for sharing your real-life experience. I’m getting more and more interested in this now hehehe….

    Keep us updated with more info please.

  6. #6 by tunkukai on July 27, 2006 - 2:49 pm

    Thanks so much for your explaination. Read and kinda get into the mood to start investing now. I have only about rm2k to invest. Is it sufficient or is there a minimum amount needed for investment. I believe by starting small, there ‘ll be a chance for me to learn and grow from there

    • #7 by firdaus on December 18, 2009 - 11:15 pm

      hi..sorry if intrude to flatform..but just want to share some knowledge and idea.. investing in unit trust wont make you go bankrupt as you imagine. In fact unit trust investment will provide you with straight forward investment with less headache..but reasonable return. Initial investment is only 1K, you may surprise what this 1k could do for you after some years invested..you may reach me at myfuture_money@yahoo.com

  7. #8 by Irwan on July 29, 2006 - 2:29 pm

    the minimum investment for Ittikal fund is RM500, it is the hottest fund(syariah) in Public Mutual offering. Just checkit out at your nearest Public Mutual branch. zBtw, I’m reading a book about the flaws of mutual fund. Will keep ya updated..

  8. #9 by Mamat on September 13, 2006 - 12:34 am


    Basically, I don’t think you get RM672 for your RM10,000. You should have deducted your RM672 for various fees.

    For people who not fully buying the max units of their ASB units, I advised them to invest their money into ASB first. Then, focus on other channels of investment.

    Btw, nice for having this sharing/discussion about investing though. Keep up the good work Irwan!

  9. #10 by Thoumi on November 12, 2006 - 2:21 pm


    Very interesting. About the ASB, can someone share hows it work? I’m new in investment so hope some one can share some link for beginner lime me 🙂

  10. #11 by Irwan on November 12, 2006 - 2:34 pm

    ASB is the simplest form of investment. it’s just invest and profit scenario because the capital is guaranteed by government. You might ask why government want to bear the risk of losing money. The answer is our government wants a lot more people to invest in the market, especially Malays. That’s why the ASB limited the investment to Malays just to encourage the investing habits among the Malays.

    You can go to any bank/post office to start investing in ASB. Ask them to open an ASB account for you and they will be glad to do so. that’s all what it takes.

  11. #12 by missyaliaa on December 6, 2006 - 11:28 am

    Hi there, I’ve just started working for only 5 months and knowing the importance of investing; I hope to start my investment asap to achieve my financial goals. Would like to get your opinion what essential investments steps I should do right now in order to cover more grounds later in the future.

    Fyi,my initial plan would be to take up the ASB loan, and then taking UT. However, I am confused on which is the best loan offer I should take up (different banks seems to offer diff rates) and does it matter how much I loan? As for UT, the myriad of funds makes it confusing for me to choose.

    You guys rawk and thanks in advance 🙂

    • #13 by cek kem on January 24, 2009 - 2:40 am

      Missyallia, u must know how much the profit you’ll get when the loan matured.Every bank has their own package. Choose the lowest package.

    • #14 by firdaus on December 18, 2009 - 11:29 pm

      hi..congratulation for good future planning on investment..This something amazing as you hv just started working, but have seen the importance of saving/ investment for better future.
      Well, ASB was good to save and earn some return..if need to borrow/loan for this investment my simple formula is: calculate how much you need to pay monthly X 12 month and compare it to the return( dividen) if its +ve thats was ok..

      however if you’re aiming for long term investment i strongly recommend you to start with unit trust..you may reach me at myfuture_money@yahoo.com for more details of how to invest

  12. #15 by Irwan on December 6, 2006 - 4:42 pm

    hi Syaliaa, realizing that investment is a part realizing our financial dream is a very crucial part. for the start-up, i suggest that you go with ASB, which is what you have exactly planned.

    If you opt for loan, u have to top up the investment with your own money too. From other visitor calculations/suggestions, it’s the best way of doing asb loan. About which bank is the best, i can’t really comment coz i don’t have any experience :). maybe other visitors can suggest one.

    UT is a good way to diversify but it can’t beat ASB’s profit/risk ratio. If only you want to get more return with extra risk, UT is the way to go. if not, i suggest you just stick with ASB until it reaches the limit.

    It can be said that most moderate-risk UTs are proportion to composite index, so choosing which one is the best is quite hard. Public Mutual is a good unit trust if we considered it’s past performance. my Ittikal Fund from PM soared about 20% in 6 months, thanks to the composite index’s hike.


  13. #16 by Adnan Hamzah on December 7, 2006 - 11:34 pm

    Every investment comes with risk i.e. the higher the return potential, the higher the risk. unfortunately, many UT agents only mentioned about the return without explaining about the risk.

    Secondly, all UT comes with charges. Therefore, if the unit price increased by let say 6%, it doesn’t mean that you have made a profit of 6% because you buy the unit at selling price, which is already 5% to 6.7% higher than unit price.

    Next, increase in unit price also means nothing unless you sell your unit at that price. UT is not like FD. It is like owning a house, although the market price is high you get nothing unless you can sell your house at that price.

    ASB? If you read Utusan Malaysia early this week, then you should know that it doesn’t comply to Syariah.

  14. #17 by Piji on January 23, 2007 - 9:26 pm

    Mr. Adnan, pardon me if I say that your claim needs to be justified. If it is true that ASB does not comply with the syariah, I don’t think there is a social announcement regarding that issue by the government. There are just merely writers’ claims which have mixed views about that. I don’t blame them because they have the right to say whatever they think, based on what they perceive. The government, on the other hand, does not say that ASB is wrong and would absolutely not allow ASB to operate if it violates syariah law. We have the ministers to lead and tell us, and they will tell us and prompt ASB to stop if it truely violates this law. Let them do their jobs and we as the members of this society, follow the pathway that have been created in front of us. The objective of our government is to create another channel to increase the bumis’ wealth. If you understand politics and the nature of our complex society, you can understand why the government is doing this for us. And please don’t make a religion sounds too rigid, as if the absolute truth is already being sentenced, for the truth lies not in the writers’ perception-laden words.

  15. #18 by surveyor on January 27, 2007 - 8:39 am


    Hi Irwan,

    I must say that this is a great reference site for beginners in the investment world. Glad I came across this site and thanks for sharing so much information. I’m still surveying which unit trust is the best. Before this I’m investing in ASB, since my friend said that some of the money goes to non-halal business and of course the dividen we obtain also not halal. Therefore I checked the JAKIM e-fatwa site and I found a fatwa from Terengganu stating that if the halal status of the business/ investment process in doubtful, it should be avoided. However it only depends on certain states like Terengganu and Selangor but somehow a contradict decision made by Majlis Fatwa Negeri Sarawak.
    This site will be helpful for all of us to make our decision whether or not to continue/ start our investment in ASB.
    As for me, I decided to sell back almost all of my shares in ASB and will start investing in one of the Islamic trust funds soon.

  16. #19 by ameer on March 9, 2007 - 10:45 am

    Kategori : Muamalat
    Tajuk :
    Isu :

    Jawatankuasa Perunding Hukum Syara'(Fatwa) Negeri Selangor telah menerima surat daripada seorang hamba Allah daripada Tanjung Malim yang bertanyakan berkenaan dengan hukum wang dividen dan bonus ASB dengan soalan seperti berikut :

    1.1. Adakah wajib dikeluarkkan zakat daripada wang bonus dan dividen ASB.

    1.2. Bolehkah wang tersebut digunakan bagi menunaikan Fardhu Haji Ke Tanah Suci Mekah.

    Maka Jawatankuasa Perunding Hukum Syara’ (Fatwa) telah diminta memberikan fatwanya mengenai permasalahan tersebut.
    Keputusan :

    1. Ahli Jawatankuasa Perunding Hukum Syara’ (Fatwa) telah membincangkan perkara di atas dengan penuh teliti dan panjang lebar dan mengambil keputusan seperti berikut :

    1.1. Zakat Daripada Wang Bonus Dan Dividen ASB
    Keputusannya :
    ” Wang bonus dan dividen yang diterima daripada hasil pelaburan ASB adalah tidak diwajibkan zakat kerana pelaburan bercanggah dengan hukum syara’ ”

    1.2. Bolehkah wang digunakan pergi menunaikan Haji ke Tanah Suci Mekah


    ” Ahli Jawatankuasa yang hadir bersetuju memberi pandangan bahawa oleh kerana pelaburan ASB pada masa ini, terdapat pelaburan di tempat-tempat yang bercanggah dengan hukum syara’, maka ia tidak
    diharuskan sehingga pihak ASB membersihkan dan tempat-tempat tersebut.

    Ahli Jawatankuasa Perundingan Hukum Syara'(Fatwa) yang hadir bersetuju memberi pandangan bahawa. oleh kerana pelaburan ASB pada masa ini terdapat pelaburan di tempat-tempat yang bercanggah dengan hukum syara’. maka ia tidak diharuskan sehingga pihak ASB membersihkan dari tempat-tempat tersebut.


  17. #20 by chambink on April 21, 2007 - 8:58 am

    Talking about ASB, there is other PNB fund. From the disussion only ASB and UT being mention. How about ASN, ASN2 and ASW 2020. Is this fund not as good as ASB and UT.

  18. #21 by Peter.L on May 6, 2007 - 6:22 pm

    Sir, i am 26 yrs old and still very new in the financial world… my friend told me about the Mutual Fund and ask me to invest…well how should i start???

  19. #22 by Irwan on May 6, 2007 - 9:06 pm

    Hi Sir, Thanks for visiting my blog.

    You should start like you are starting everything else. First of all, you have to know you capability as investor. You might want to take risk personality quiz here.


    this will give you insight on how much you can afford to spend on investment and what type of investment suit you.

    Then you have to find the best mutual fund that fit your investing personality.

    I thing this hould be enough to get get you started. 🙂

  20. #23 by zahaly on May 18, 2007 - 4:25 pm

    Good explanation on UT by My Irwan.

    I don’t agree with high return comes with high risk. Looks to Warren Buffett, the most successful investor in the world, his philosophy of investing in the stock market by buying undervalued companies leads him to consistently in the top spot in Forbes list of the most riches man in the world.

    In Malaysia, we have iCapital fund that practices the same philosophy. You can read my other opinion on this in my blog (in Malay) at BlogSAHAM

  21. #24 by tunkukai on May 21, 2007 - 2:23 pm

    Irwan ,

    Thanks alot for the explainations. It ‘s indeed handy and could be a stepping stone for anyone who wants to put their foot in the investment world.

  22. #25 by naan on August 2, 2007 - 11:13 pm

    Hi Irwan,
    Very good explanation to Mr Peter. Your how-to-get-started guide is brief and easy to understand. No technicals that can confuse new investors.

    I’m a remisier and also a UT agent. I have clients who invest both in unit trusts and stocks. Unit trust for med to LTerm investment as he is buying a basket of shares. The risk is lower than investing in stock mkt. Investing in stock mkt provides higher returns(depends on mkt sentiment and timing). Higher Risk = Higher Returns.
    To be a successful stock mkt investor, one need to be knowledgeable abt the mkt.
    But unfortunately, some of the retail players are speculators. They make money from the mkt, and they also lose BIG money.

  23. #26 by Don on August 6, 2007 - 5:18 pm

    Alo Mr.Irwan,

    Wat smart person you are 🙂

    Can you check my calculation as below?

    I invested RM2000 in PBIF. Selling price at RM0.68. So, my units is (2000/0.68) = 2941.18 units. Then after 6 month,the NAV/buy price has became RM 0.8004. I decided to sell all my unit trust. So the total money that I get from the selling is 2941.18 x 0.8004 = RM RM 2354.12.

    Basically, I earned RM354.12 from this investment.

    But, service charges is 6.5% per NAV per unit. Then deducted (6.5%*0.8004*2941.18) = RM 153.07.

    Excluding annual mangement fee, I only gain RM201.10.

    It’s right?

    Thank you

  24. #27 by Irwan on August 6, 2007 - 7:21 pm

    Mr Don,

    The difference between selling and nav/buy price is that selling price already includes the 6.5% fee. if your stated selling price is the correct selling price,you don’t have to re-include 6.5% fee when you calculate the earnings.

    thus, from your calculation, RM354.12 is the net income of your investment (in exclusion of the annual fee)

  25. #28 by Irwan on August 6, 2007 - 7:43 pm

    Mr naan,

    I strongly agree with you that our investors are largely speculators. This actually defeats the purpose of mutual fund where we move the burden of speculating the market to the fund managers.

    Most mutual fund investors don’t really know how to time the market, that’s why we choose mutual fund instead of directly investing in equity market ourselves. However, some of us feel that mutual fund is too easy and we need to do something to make us look more in control.

    So some of us inevitably feel that market is now too high, or will imminently go down. Or we feel that upcoming events (like General Election) will definitely take the market down with it. All of the feeling of wanting to do something might really hurt the investors themselves.

    Be careful of such insecure feeling. Good investing.

  26. #29 by kkchow23 on August 6, 2007 - 11:05 pm

    Hi Don,

    I’m not sure what fund you’ve invested in? PBIF? But based on the given selling and buying price for the fund. The simple estimate return is 17.71% or RM354.12.

    Selling price already included the 6.5% service charge. Management/trustee fee, etc.. are all calculated and could be obtained from Accountants’ Report in prospectus. Therefore, investor don’t need to worry about that.

    For more samples :



  27. #30 by Don on August 7, 2007 - 9:31 am

    thank for you feedback irwan and kkchow23

  28. #31 by Zuraini on September 1, 2007 - 5:37 pm

    Hello Everybody,

    How’s everything? When I started to join PM, my perspective is similar to Mr. Irwan. Yet, there is better way to manage your PM funds and gain better returns than ordinary investors. Some people say speculative, I would say analysis.

    Imagine that you’re investing an amount of lump sum at Public Ittikal fund on month of Feb 2000 and expected to gain an average return for 3 years. What was happened in this period? You’re not gaining as you expected. In fact you lost around 7% from your investment.

    And now drag your duration of investment to another year. You only gained around 22% for 4 years. If you calculate, the average return is only 5% per year. Is it a good investment? Of course there is a way to handle this situation. By using concept of dollar-cost averaging, your agent might advise you to top up the investment or extend the duration of investment since the market was bullish. What if you didn’t have the money? Or you didn’t want to take further risk, since you never know what would happen next few years?

    Learn the smart way of investing in unit trust. It requires analysis and skills. With God will, I can further elaborate the situation. Please contact me if you’re really serious in investing in unit trust. Send an email to zuraini.yusof@gmail.com. Happy investing, take care and have a great day!

  29. #32 by Mr Chin on September 3, 2007 - 5:02 pm

    Dear All readers,

    I heard/read some PB Equity fund eg. PCSF service charge is 6.5% and some PB Bond fund eg. PISBF service charge is only 0.25%. Will I be right when I say if I invest RM 100,000 into PISBF first and later switch to PCSF (Just Pay RM25 or waived if Gold member), I can save 6.25% service charge (6.5%-0.25%) that will save around RM 6250 ? Appreciate if anyone can help to clarify the issue. Thanks.

    Mr Chin

  30. #33 by kkchow23 on September 3, 2007 - 5:37 pm

    Hi Mr. Lim,

    The units in unit trust are categorized into two:
    1) loaded
    2) low-loaded.

    Loaded units are units previously already with 6.5% service charge (equity/balanced – 5.45% if during promotional). Non-loaded units are units previously already with 0.25% service charge (bond/money market).

    From low-loaded switch to equity/balanced funds, you’ll have to include 6.5% service charge.

    Unless you do switching from loaded(bond) / equity/balanced to another equity/balanced funds, there’ll be no additional charges except for the RM25.

  31. #34 by Mr Chin on September 3, 2007 - 6:29 pm

    Dear kkchow23,

    Thank you for your reply.

    I can see there are number of BOND available for switching eg.PSBF,PIEBF,PISBF .

    For a Scenario

    (When I decided to invest in PB)
    1. If I First invest in a Loaded Fund A eg.PCSF => I pay 6.5%

    (When I decided to take less risk)
    2. Then,I switch all to a Low-Loaded Fund B eg.PISBF =>I pay RM 25

    (When I decided to take more risk)
    3. Next,If I switch back to Loaded Fund A eg.PCSF => I have to pay 6.5% AGAIN ??? , which end up paying total 13% in this scenario???

    Pls helps. Thanks.

    Mr Chin

  32. #35 by Irwan on September 4, 2007 - 11:34 am

    i can confirm that if you do between equity-to-equity, you don’t have to pay the 6.5% fee again. it’s just RM25 per transfer for both ways. I heard it’s also like that for equity-to-bond transfer but i’m not sure about that the reverse (bond-to-equity).

    correct me if I’m wrong.

  33. #36 by Zuraini on September 4, 2007 - 8:16 pm


    Switching fund from Bond/MoneyMarket to equity if LOW-LOADED units then have to pay service charge(SC) usually 6.5% RM25. But if it’s LOADED, you only have to pay RM25.

    Loaded – you have paid SC usually 6.5% at point of purchase
    Low-loaded – you only pay SC 0.25% at point of purchase

    For those who have joined PM, please read Master Prospectus under Key Features of the Funds. For PM syariah based fund page 16-17. You got to understand this, or you may ask your agent for further details.


  34. #37 by Zuraini on September 4, 2007 - 8:57 pm

    Hello Again everybody,

    Switching is a very sensitive subject to discuss. Some agents might say don’t do or try to avoid it because don’t know how to tolerate the risk. UT itself has degree of risk for investors to tolerate. For me, as to protect the interest of my investors I’ll guide them to use it whenever necessary with some analysis and tolerance of risks.

    Look back at the situation for last 2 months and last Feb or back to year 2000. Some of us are losing up to 16% on some of funds. Well, if you are really looking for a real long term investment it’s ok especially EPF investment. But for cash investor between 3-5 yrs might not be ok. You never know how much you can absorb the risk.

    I’m arranging appointment for serious potential investors only. And if you have already had an agent and satisfied with his/her service, just stick to it. I’ll educate new comers before investing and use certain tool when time comes. Then up to you to decide.

    Which one is good? You have an option and use it, or keep quiet.

    I’m really glad if you can email to me at zuraini.yusof@gmail.com for more information. Only serious investors please.


  35. #38 by kkchow23 on September 4, 2007 - 10:47 pm

    Hi Mr Chin,

    Based on you scenario,

    1. PCSF (investor pays 6.5% service charge) loaded units
    2. Switch to PISBF (investor pays RM25) loaded units
    3. Switch to PCSF (investor pays RM25) loaded units


    Give another scenario,

    1. PISBF (investor pays 0.25% service charge) low-loaded units
    2. Switch to PCSF (investor pays RM25 6.5% service charge) loaded units
    3. Switch to PISBF (investor pays RM25) loaded units


    Last but not least, Irwan’s example 😛

    1. PIOF (investor pays 6.5% service charge) loaded units
    2. PIADF (investor pays RM25) loaded units

    Hope that answers most of the doubts… 🙂 Sorry for the late reply

  36. #39 by Mr Chin on September 5, 2007 - 12:09 pm

    Thank you for everybody especially kkchow, Zuraini and Irwan. I think I am crystal clear regarding the meaning of “Loaded” and “Low-Loaded” units by now far more than the description and table in the Master prospectus. Thanks.

  37. #40 by kkchow23 on September 8, 2007 - 4:18 pm

    This is something true about an experience that slyeo related to me from his friend and I hope people will take notice about and not be fooled. Servicing agent advised to switch from one fund to another fund (equity to bond). But in actual fact, it’s redeeming and then reinvesting the money into another fund (cheque involved). This will cause the investor to profit less cause he’ll have to pay service charges again when he reinvest the money. Moreover, if it’s a so-called equity switch to bond, he’ll charge 0.25% which is more that the actual switching of RM25. Then, if want to switch back to equity, now have to pay another 6.5% and RM25. This is so burden to the investor and profit for the unethical agent (he’ll receive the commission).

    Please try learn about your investment and what’s happening to your fund. If there’s any problem, I’ll be glad to help if possible.

  38. #41 by Zuraini on September 9, 2007 - 12:29 am


    First of all would like to thank to all new comers who have just joined PM. Welcome guys! For those who still want to learn further on unit trust(UT) products, I believe this is one of the best blogs for you guys to start.

    I guess most of bloggers here know that Public Mutual is the best for UT investors because of consistency in returns. Well, it’s not only that. If you are up to date especially in information technology, all your investments in PM is just at your finger tip. Most of investors miss this out.

    We call it TELEMUTUAL. A state of the arts in servicing industry, where all information can be retrived and transactions can be done thru a PHONE. The services including:

    * latest fund price
    * fund information
    * stock market commentary
    * balance
    * repurchase/redeem
    * EPF next withdrawal date
    * best of all, SWITCHING

    Well you got your choices, either utilize your agent OR do it yourself, just in case. Usually I will advice my client to fill up this form along with the other investment forms, especially cash investors.

    Until next time, I’ll show you other great gadget when dealing with unit trust… In case you have any other inquires don’t hesitate to contact me at zuraini.yusof@gmail.com.

    Thank you and take care!

  39. #42 by slyeo on September 10, 2007 - 3:16 pm

    I really think all agents should educate the clients/investors so that they understand what Unit Trust really is, how it works & explain clearly the reason for each recommended move. Maybe the clients are too busy or not interested to know more about unit trust, as long as their agents can monitor their funds & help them reap good profit. So, perhaps I shouldn’t be too surprised to see that many investors simply leave their investment to their agents to monitor and do as the agents instruct, without understanding the rationale behind each action.

    As a result, investors may suffer consequences like profitting less that what they could have gained because some moves may actually benefit the agent more at the expense of investors as they may not be aware of the implication, fees/surcharges involved etc. Hence, I strongly advise all investors to get a second opinion before any action is taken and be in control of your own investment.

    Another observation is that many investors invest in unit trust as if it’s the share market, I guess that’s why there’s so much discussion on switching, like in share market we sell off within months, weeks or even days to get some quick profit. In unit trust, we’re talking about investment, not speculating or quick profit-taking. Any excessive switching would disturb the growth & performance of the fund in the long run and affect the job of the fund manager. I guess that’s why fees are imposed to prevent investors from ‘speculating’ as if they’re selling shares in the stock market. Imagine a majority of investors switch or repurchase after gaining a profit of say 5-10% within a short period of time, this won’t do the unit trust industry any good!!

    A general glance at the quarterly fund review will tell us that most funds, excluding bond, give an average return rate of close to 100% if not more, so why settle for less by speculating in months/weeks instead of investing in years (1-5 or even longer)? On the other hand, UT is not 100% risk free, so nothing is guaranteed and the fund review can only be used as a reference to guide us in our investment. Switching or reinvesting at the right time could help us lock in & secure our profit, but if executed wrongly we get less that our fund is capable of giving us.

  40. #43 by Zuraini on September 10, 2007 - 8:34 pm

    Hi Everbody,

    As mentioned earlier some of us might not be comfortable to discuss about some of the features in unit trust for some reasons. I guess words like “excessive”, “speculate”, reward and risk tolerance should be elaborate further so that investors know what they are dealing with.

    Most of the readers here have come to me to get clear picture on these scenarios. They’re happy when there is transparency. There is no obligation when you get opinions from other agent. Grab as many information as you can. Make your own judgment. As to respect some of the opinions, I would rather not to discuss it here.

    Get your fact and figures first before take any risk. It’s your hard earning money, and you deserve to know more. Take care guys!

  41. #44 by Zuraini on September 10, 2007 - 8:50 pm

    Hello again,

    There is a great investment suitability questionnaire in one of the web about unit trust.


    The questions help new investors understand their attitude towards risk and rewards tolerance. In the end, the analysis will determine which type of risk category you fall into.
    I think this is a great tool. But unlike Public Mutual web, I won’t be able to find their fund performances. I wonder why?

    Try this out and have fun!

  42. #45 by kkchow23 on September 12, 2007 - 11:21 pm

    I’ll agree with what slyeo said. ” Any excessive switching would disturb the growth & performance of the fund in the long run and affect the job of the fund manager. “ The reason why we invest thru unit trust is because we want someone with the knowledge to invest on our behalf and hopefully gives us profit in return, someone who’s professional (fund managers). If we’re to act as a fund manager, then it’s even better just to invest directly in shares, etc… that’ll even save the service charges of 6.5%. Use switching to our benefit and not for a loss cause.

  43. #46 by Zuraini on September 13, 2007 - 12:41 am

    Salam Ramadhan untuk muslimin dan muslimat yang melayari blog ini. Hiasi bulan yang mulia dan penuh keberkatan ini dengan amal ibadah dan kebajikan, Insyallah. Selamat bersahur dan berpuasa!

  44. #47 by aak on September 14, 2007 - 4:33 pm

    Hi Irwan,

    A consultant from CIMB Wealth Advisors approached me to invest in unit trust. Mentioning about 10-15% p.a. return in 3-5 years. Is it guaranteed return?

    Please advise.

  45. #48 by kkchow23 on September 16, 2007 - 7:30 pm

    There’s never guaranteed returns in unit trust.

    Even for capital guaranteed funds, you’re assured that you’ll get back at least your initial investment if you keep it within a designated period of time.

    What we can say is that basically if you based on past performance, your chances are more likely to obtain around 15% returns.

    When investing in unit trust, there’s always risk. Without risk, definitely the returns won’t be that high. Take for example fixed deposit (FD), you’ll get the returns based on the rates offered.

  46. #49 by aak on September 17, 2007 - 10:24 am

    Thanks for the info.

    Some people are afraid of changes. Tend to stick to what they know best… Save your savings in the safest place where the return is secured.

    Say EPF yield around 4-5% p.a. An EPF holder has the choice to invest his/ her money in unit trust, but some don’t want to take that risk. So, their money will grow slower, slower than the inflation rate now.

    In the end, after retirement, they end up with small amount of money to live for the next 20-30 years.

    Why not take the risks for a small portion from your EPF Account 1. At least it’s a start to financial freedom, right. I don’t have minimum EPF Account 1 to invest yet, but I save in ASB and Unit Trust Savings Fund.

  47. #50 by hakimie on September 18, 2007 - 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.

  48. #51 by kkchow23 on September 18, 2007 - 10:33 pm

    Hi aak,

    Changes are unavoidable in this current situation. If you try look at the bigger picture, since inflation rate tends to grow higher and higher, we have few choices left for us. In order to cope with it, we must make sure that our savings actually appreciate more than the inflation rate.

    It’s actually good to start investing even if it’s just a small amount in the beginning. Remember the magic of compounding effect.

    If your still new, then why not try few funds available at the market and see how it’ll perform. There’s no harm diversify your investment. Happy investing 🙂

  49. #52 by MK Leow on September 19, 2007 - 4:29 pm

    i want to ask about public mutual unit trust.
    is it good bank for investment?
    Im in consider invest at PBIBF, PBCMF, PBICMF. but i dont know which one is good?
    Because this is my first time in investment and I have only about RM1000 to invest. i start from small amount first.

    if i invest in PBICMF and my fund is RM1000, so how many profit i can get and how to calculate?

    Thanks for everyone.

  50. #53 by kkchow23 on September 19, 2007 - 11:23 pm

    Hi MK Leow,

    Refering to the funds your considering, they’re PB Series Funds distribute by Public Bank branches, sales by customer service officer.

    1) PBIBF (Bond Fund-Shariah)Mar,2006 – conservative
    2) PBCMF (Money Market Fund)Jan,2007 – conservative
    3) PBICMF (Money Market Fund-Shariah)May,2007 – conservative

    For PBIBF, for 1 year performance roughly about 4.81%
    For PBCMF, since launch roughly about 2.05%
    For PBICMF, since launch roughly about 0.95%

    Bond funds tend to outperform more than money market funds.

    Basically we say that both PB series funds and Public series funds are the same as it’s managed by the same fund managers available Public Mutual. The difference is only the service provided. Depending on preferences, sometimes you might consider having a servicing agent or just going to the customer service officer at the bank. Try check out my blog if your free. If you would like to know more about the Public series funds and how to financially manage your investment, you can contact me kkchow23@hotmail.com

  51. #54 by Zuraini on September 20, 2007 - 12:29 am

    Salam & Hello to everyone,

    There are about 49 funds currently available for both Public Bank (PB) and Public Mutual (PM) series of funds. PM alone has 36 type of funds; 12 Islamic and the rest are conventional. Ironically, both PM and PB are managed by the same fund managers.

    I guess major difference between PB and PM is you’ll get service from your agent for PM while for PB you’ll have to deal directly with the bank it self. Other than that, including service charge is no different.

    In general, what KK said is correct. Bonds perform much better than money market (MM). In term of performance, bond prices fluctuate at a conservative rate, whereas money market grows almost at linear rate. If you enter bond fund, you should expect between 4-10% of return per year, yet MM can’t expect more than 4% per annum.

    Some experts say, if you are entering Unit Trust with Bond or MM funds, you are about to loose your money by law of inflation. Learn how to gain better return by taking a small risk with higher reward. I can share my study with people who have interest to analyze each of PM and PB funds in depth and applied to current situations. Send me an email, I’ll send you a file of data analysis how these funds behave with market situation. Nothing’s wrong with sharing information and gains as much knowledge as you can.

    Just for your information especially new investors, based on last major market crash until now, (20/08/2007-17/09/2007), top 5 funds, best in returns and recovered:

    1. PCSF – PUBLIC CHINA SELECT FUND – aggressive -20%
    2. PBIAEF – PB ISLAMIC ASIA EQUITY FUND – aggressive – 15%
    3. PFEDF – moderate – PUBLIC FAR EAST DIVIDEN FUND – 13%
    5. PAIF – aggressive – PUBLIC ASIA ITTIKAL FUND – 12%

    My advice, don’t focus too much on past, see the future, and don’t go for average, go for the max…zuraini.yusof@gmail.com


  52. #55 by mk leow on September 20, 2007 - 2:41 pm

    hi kkchow, thanks for your reply
    you say Bond funds better than money market funds, so how about PBFI?
    now i consider in PBFI & PBIBF.
    i should go where to invest, publicbank or direct go to public mutual?
    those UT product got period? untill when?

  53. #56 by jun on September 20, 2007 - 5:38 pm

    Hello there!

    I was approached by one of my friend who is a PM unit trust consultant to invest in Public Islamic Asia Divided Fund (PIADF) abot 2 months ago,but i’m more interested to invest in Public Islamic Dividen Fund (PIDF) after searching some of its information and viewing its performance from the past year chart, how ever i still wonder do we have to follow the consultant advice to invest in certain series of fund instead of follow our own interest?, so I need some advice


  54. #57 by kkchow23 on September 20, 2007 - 11:48 pm

    Hi mk leow,

    Both PBFI and PBIBF are bond funds, so depend on how the fund manager allocates the investment, the profit might vary. What we generally term bond funds are profit expected to be higher than FD roughly about 4%-6%, anything more than that is a bonus. It’s less risk in a sense that investment doesn’t involve in equity.

    For PBFI, for 1 year performance roughly about 11.13%

    If your thinking of investing in PB series funds. You can just go to any Public Bank branches available. There’s no limitation to investing in unit trust. As long as the fund is not closed, it’ll be available for new investment or top-up.

    If your free, was wandering if you’ld like to come out for a discussion to know more about unit trust? Probably then, you’ll know more about the differences between the available funds.

    hi jun

    Actually what UTC’s task is to provide suggestion and solution to help cater to different people’s need. If you as an investor have already done research on the specific fund and satisfy with how the performance is so far, then you should stick to it. Recommendation only serves as a help and it shouldn’t confuse investor to making decision. After all, the money is yours and it’s your investment.

  55. #58 by Zuraini on September 21, 2007 - 2:17 am

    Salam & Greetings,

    Before a decision can be made on which fund you should choose, an analysis should be conducted both by agent and investor. First of all, we should understand the behavior of the funds. An apple to apple comparison should be conducted to see which one is the best suite fund for you either in medium or a long term of investment.

    First, let’s take a look into similarities of these funds. They both have same risk profile which is moderate and similar asset allocation about 80% in equity, and the rest in debt securities and money market. In term of stock strategy and distribution, unlike other Islamic equity funds, both are focusing on dividend and annual income. So, we should understand that fund manager will invest more on stocks which have potential to give attractive dividend yield such as TNB, IOI Property, Sime Darby etc.

    Now let’s have a look into the differences.

    Fund: PIDF, PIADF
    Type: Equity Local, Equity Regional
    Launch Date: Feb-06, Apr-07
    Finance Year End: 30-Apr, 31-May
    Approved Size (unit Mil): 3000, 5000
    Current Size (unit Mil): 1730, 4482
    NAV (RM Mil): 579, 1137
    MER: 1.59, n/a
    Mgmt Fee/ Annum: 1.50, 1.55
    Years in Action: 1.6, 0.5
    Asset Malaysia: 100%, 40%
    Asset Asia: 0%, 60%

    In term of performances, it will be unfair if you just look into past data as PIADF is just recently launched. The best is to look at current performance.

    Let’s reveal the true colors of these 2 funds because people love to see what they can do rather than their behaviors.

    Period of study: 24/07/2007(last market crash) till 19/09/2007.

    Last market crash has shown PIDF lost it’s NAV by -15%, and same goes to PIADF. But when market recovered until today, PIDF only improve +8% of it NAV, almost similar to conservative risk profile fund PIBF (Public Islamic Balance Fund). PIADF on the other hand has shown tremendeous loss recovery by +15%, and that similar to an aggressive fund PIAF (Public Islamic Asia Ittikal Fund).

    If you are really a smart investor which one should you choose? But sad to say, PIADF can only be invested with CASH, not EPF withdrawal.

    This is only a small elaboration of these 2 funds. If you need further analysis of all funds especially Islamic Funds just drop me an email. You are about to join UT. Play smart, avoid the pitfall and make sure you become the champion. Wasalam.

  56. #59 by Zuraini on September 21, 2007 - 2:36 am

    Correction; PIBF is a “conservative to moderate” or “balanced” risk profile, not “conservative”. Sorry for the typo error. TQ

  57. #60 by jun on September 21, 2007 - 9:19 am

    thanks guys! your info help me to understand on both of the fund (PIADF & PIDF).This is my first investment in UT, maybe the best way I should diversify my investment.

  58. #61 by nasrul on September 21, 2007 - 10:30 am

    hope to get more tips from zuraini..thanks a lot..

  59. #62 by kkchow23 on September 27, 2007 - 11:15 pm

    Sometimes it’s difficult to compare between funds. Take for example what’s stated PIDF and PIADF. Both funds have similarity as it aims to provide income thru dividend yields but bear in mind the exposure of the funds; one in domestic and one in regional.

    The reason why there’s different type of funds offered for investor to choose from is to give more option whether they’re willing to take the risk exposure or prefer domestic. Sometimes certain crisis might not affect the domestic market but will significantly affect the regional market; vice-versa…

  60. #63 by Zuraini on September 28, 2007 - 3:50 pm

    Salam & Greeting,

    This is where analysis should take place. Choosing which fund to enter is easy if the agent is equipped with right tools, and clients know their appetites. Critical data such as fund size, current NAV, fund manager strategy, global market scenario, timing and so on are some great tools to be considered in making decision on choosing the right portfolio.

    Please bear in your mind, avoid the pitfall. You don’t need to keep your investment in the same pool if it’s not up to your expectation after certain period of time. There is a way to better manage your portfolio.

    Believe me, if you put all PM fund performances side by side with benchmarks, you will see there are not much different in term of behavior of price % movement up and down of the fund. Focus on your interest. Then you will know which one will shoot up or fall down at sharp rate.

    Discover the true power of investment in Public Mutual. Know the right person to deal with. And of course the ultimate decision is rely 100% on investor.

    Just for our information, all fund prices are now at bullish position. If you had invested RM1000.00 JUST 1.5 month ago, how much would you be left now? And this has already minus your service charge. And always remember, when there is up, sure will have down. Know how to handle situation. Take care!

    1 PCSF $1,216
    2 PFEDF $1,134
    3 PIADF $1,126
    4 PFES $1,112
    5 PAIF $1,111
    6 PRSEC $1,094
    7 PIEF $1,084
    8 PAGF $1,082
    9 PIF $1,082
    10 PITTIKAL $1,077
    11 PFSF $1,072
    12 PEF $1,072
    13 PGF $1,062
    14 PSF $1,057
    15 PDSF $1,055
    16 PIX $1,052
    17 PIDF $1,057
    18 PIOF $1,040
    19 PRSF $1,040
    20 PFEBF $1,039
    21 PGSF $1,034
    22 PBF $1,026
    23 PIBF $1,031
    24 PFEPRF $1,003

  61. #64 by Peter.L on October 12, 2007 - 11:35 am

    Hi Irwan, Allow me to catch up with you once again…:)

    After saving for 1 year, i now have some money to start invest into UT. and i am aiming at a new Fund intro by Public Mutual..(Public South East Asia Selected Fund)…However, before i start the game, i would like to understand further how the profit from the investment is projected. My question :-

    1. i will only earn my profit from my investment after i sell out my stock after a period or investment. its that right???

    2. Can you tell me something about Investment Link?


  62. #65 by slyeo on October 17, 2007 - 3:08 pm

    Hi Peter.L,
    1. to me, a ‘profit’ can only be considered a real profit after: a) you’ve repurchased your units & got the cold hard cash which you can spend or do anything you want with it; b) you switch the extra units earned to another fund (usually bond, which is more secure) to ‘lock in’ the profit you’ve made, then you’ll have two funds with more combined value than the initial investment. Otherwise, the ‘profit’ only appears as a figure on paper/computer screen, you may say ‘I’ve made a profit of RM1000 in three months’ but in the next three months, this RM1000 may vanish due to volatility of the market/unit prices.

    2. Investment-linked funds are unit trust funds managed by an insurance company, and there’re some pros & cons to it when compared with funds managed by unit trust companies. Check out for more insight at a website I stumbled across, http://www.meshio.com/index.php/2006/05/investment-linked-insurance-policy-an-overview/

  63. #66 by shazli on October 18, 2007 - 11:46 pm

    hi everyone!

    i have to say this blog is fantastic!. for a new investor, its perfect place to learn. however some of the comments are too high five stuff for a new investors to learn. the first column by irwan is the most basic and every new investor must read it 1st before going to have a basic idea abt unit trust.

    glad to see everyone talking abt investing in public mutual. it is by far the no 1 unit trust company in malaysia. people have the comfort to invest in public mutual because they are the leader in CONSISTENT RETURN and PRESERVATION(the ability of the fund to preserve investor’s capital) as well as TOTAL RETURN.

    hi Peter.L,

    you are right for the 1st question. until u repurchase all your units available, you are not making actual profit. before you repurchase, it is only paper profit. investors who have gained hansome profit for example 50%, without proper monitoring and advice could end up getting less return when the market fumbles. so having a knowledgeble and ethical consultant is very important.

    for your second question, you are lucky that i just learned abt investment link a few days ago and it is still fresh in my memory box. more importantly, it gives me more reason to believe that for investment purposes, unit trust is a better option. if you allready have insurance coverage you should avoid investment link.

    for those who want to get ‘2 products at the same shop’, investment link is perfect for them.

    as the name suggest investment link products give both insurance coverage and investment facilities. you can either do:

    1) single Premium (lump sump)
    2) regular premium( monthly, quarterly, half yearly or yearly)

    example: you give an annual investment of rm1200 for the first year premium and the chosen sum assured is rm50,000. (same as regular premium of rm100 x 12)
    *note that the minimum premium for monthly is rm100

    this rm1200 will be divided into:

    1)allocated premium
    2)unallocated premium

    allocated premium is for your coverage and investment
    unallocated premium is for company’s expenses (marketing & set up expenses, administration fees, agent’s commision etc)

    so unallocated premium is basically the charges you have to pay the insurance company you are dealing with.

    you will be paying this charges from the 1st year until the 6th year.

    so the weightages between allocated premium and unallocated premium varies from the 1st until the 6th year and different insurance company give different weightages.

    the most common one are as follows:

    allocated premium unallocated premium
    year 1: 40% 60%
    year 2: 50% 50%
    year 3: 60% 40%
    year 4: 70% 30%
    year 5: 80% 20%
    year 6: 90% 10%
    year 7: 100% –

    so if you wish to invest your money,in investment link you will only invest 100% of your premium after the 6th year. and it is actually not 100% coz you will be paying for your coverage as well.
    if you opt for more coverage, your investment portion will be lesser.
    the investment part is exactly like unit trust.

    for me it is not a good product if you are planning a pure investment portfolio as you will be paying these charges. the first few years charges are very high.

    if you want to know more, pls email me at mohammadshazli7@yahoo.com

    hope you are more clear abt investment link products now. 🙂 cheers!

  64. #67 by Jaclyn on October 25, 2007 - 1:42 pm

    I am new to unit trust and trying to understand it.
    I would take Irwan’s Example of calculation:

    A year ago, I bought RM10000 Ittikal Unit trust with selling price RM 0.7500 per unit. So total unit that I get was 10000 / 0.75 = 13333.33 unit

    Yesterday, the NAV/buy price has became RM 0.8004. I decided to sell all my unit trust. So the total money that I get from the selling is 13333.33 x 0.8004 = RM 10672

    Basically, I earned RM672 from this investment.

    Based on the example : You spent RM10000 (with RM0.7500 per unit)and purchase 13333.33 unit, but i believed that the RM10000 is excluding the service charge right ? Assumed the service charge is 6.5% , so means service charge is(0.75×0.065×13333.33) = RM650
    So the amount that you spent on the purchase is RM10650 (RM10000 RM650), do I get it right ?

    And when you sold off, you selling at RM10672, so compared to the amount you have spent RM10650, you earning is only RM22
    (this exclude other charges, as i didn’t know what is the other charges incurred), is my understanding correct ?

  65. #68 by shazli on October 25, 2007 - 3:37 pm

    hi jaclyn,

    always happy to hear people venturing into unit trust because i think everyone should.

    your calculation is incorrect because you have not included the distribution and unit split the fund gives. every year public ittikal will declare distribution/dividend ( meaning you will get free units) while unit splits (more free units) will be given every now and then. if you invested last year you won’t be getting any unit splits but you certainly have gained free units through that yearly distribution/dividend.

    the selling price allready include the service charge so you don’t need to minus 6.5% anymore. but now all unit trust company practice single pricing. so there is no more selling price, only buying price.(NAV). the profit in that example is much more than rm22.

    hope you are more clear now. 🙂
    do email me at mohammadshazli7@yahoo.com if you have more question.

  66. #69 by shazli on October 25, 2007 - 3:48 pm


    you don’t need to add the service charge on top of that rm10,000 bacause 13333.33 units is the units you bought after including the service charge. 🙂

  67. #70 by Jaclyn on October 27, 2007 - 12:44 pm

    Thanks a lot for your reply, shazli 😀

  68. #71 by Nizam on October 28, 2007 - 2:09 am

    Hi Irwan, Shazli and others,

    About the distribution/dividend and unit splits,

    I need some comments and confirmation on my understanding of the distribution/ dividend on our investment in Mutual Fund

    1. Distributions are in RM and later reinvested to our investment @ Reinvestment Price and converted to our units.

    2. The reinvestment done automatically for both epf scheme and cash investment OR do we have an option to recv the distributions in cash/cheque for our cash investment

    3. The distributions made annually (only once a year) or it depends to the fund.

    4. Does it take one year for our investment/units in order to be eligible to receive the distributions OR all units are eligible to the distribution if the units are already there when the distribution takes place.

    5. Do we know the future date of any distribution or we can roughly estimate the date? maybe within a month after the year end of the respective fund

    6. How about spilt units – when do we recv them, any specific period OR it is the based on the prerogative/discreation of the fund manager/ PM

    7. What are other types of distributions that currently enjoyed by the the Unitholders and how it work

    Appreciate comments from anybody, kindly share your view


  69. #72 by shazli on October 29, 2007 - 10:37 am

    you’re welcome jaclyn. 🙂

    hi nizam,

    ill answer your question according to the numbers u have listed above:

    1) yes, you are right.

    2) the option is written in the investment form. you can either receive dividends or reinvest it. if you wish to receive, tick at the pay out box. if the box is not ticked, it will automatically reinvest.

    3)every fund has a distribution method. if the method is annual income, it will give distributions annually. if it says incidental, then distributions is given on the fund manager’s view of the current market condition. if fund manager feels there are buying oppurtunities (undervalued stocks), he will invest the money instead of giving dividends/distribution. it depends on what is the best interest of the fund. usually dividend funds give annual income and growth fund give incidental distribution.

    4)distribution takes place at the financial year end of the fund. it doesn’t matter when you invest, when the fund reach the financial year end, it will declare dividend. however, bear it mind that IT MAKES NO DIFFERENCE IF YOU INVEST BEFORE OR AFTER THE DIVIDEND PAY OUT. this is because after a fund gives dividend, the price/nav of the fund will go down. so you are getting more units when buying at lower price, while you also get more units through dividend if you invest before the dividend pay out. some consultants like to sell funds that is going to declare dividend soon. pls avoid falling into their tricks. 🙂

    5) fund’s that give annual income declare distributions at financial year end of the fund. so yes we can know when it is giving dividends. the same cannot be said for funds that give incidental distribution.
    again, bear in mind it makes NO DIFFERENCE investing before or after dividends pay out. 🙂 those who invest over long term are the ones who will get the most dividends (free units). in addition long term investors will also receive unit splits (more free units).

    6) unit splits is given based on the discreation of the fund manager. usually it is given after a few years to make the price affordable for new investors. u will increase your chances of earning the unit splits if you invest over long term. we do not know when a fund is going to give unit splits.

    7) basically there are 2 types of distribution, annual and incidental. refer to point 3.

    hope you have a better understanding now. 🙂

  70. #73 by Nizam on October 29, 2007 - 10:07 pm

    Dear Shazli

    Wow! I have better understanding now… thanks for your detail explanations.

    Just to recap your answer 2 above, you are actually explained the Distribution Instruction in Investment Application Form for Cash Investment right? and there is no such instruction in the EPF Scheme…

    Can I conclude that no option given on the distribution for EPF scheme but to be automatically reinvested to our investment?

    A lot more to learn…

    Lucky we have a lot of sifu here 🙂

  71. #74 by shazli on October 29, 2007 - 10:18 pm

    yes, you are right. you can’t cash the profit anyway because it will go straight into your epf fund. so yes, it will be automatically reinvested. 🙂

    always glad to help. add me if you have ym (mohammadshazli7@yahoo.com) or msn (mohammadshazli7@hotmail.com)

    im always online night time.

  72. #75 by Arokiam on October 31, 2007 - 2:38 pm

    Hello Irwan,

    I am 52 yrs Old and I just came in touch with a Public Mutual Fund agent.So I am thinking of investing in PM. I like to know which type of fund is suitable for me. The risk factors involved. My knowledge on unit trust/bonds is nil. I am thinking of investing through monthly deduction of around RM200.00. What is your advice.

    Thank you

  73. #76 by shazli on October 31, 2007 - 10:03 pm

    hi arokiam,

    usually for a 52 year old, we suggest a conservative to moderate risk type of fund like bonds and balanced fund. however it depend on how long you wish to do the regular savings. if its more than 10 years..then an aggresive fund also suits you well as it give a good average return over the long term.

    do give me your email, and i’ll give you a few examples on regular savings method. 🙂

  74. #77 by saiful. on November 14, 2007 - 2:47 pm

    Salam & good luck 4 u all.

    FYI.. in Great Eastern Life Investment link fund

    allocated premium unallocated premium is;-
    year 1 & 2 : 55% 45%
    year 3 & 4 : 80% 20%
    year 5 & 6 : 90% 10%
    year 7 & ..: 105% – %

  75. #78 by Idzham on November 20, 2007 - 11:09 am

    Salam all,

    tq all…i’m a newbie in investing….great discussions n wonderful infos on UT…i’ve been approached by UT agent many times but just cud not find the time to look into the matter due to work obligations…however, a recent interest by an old friend of mine in UT prompted me to hv a read and now i understand a bit more abt UT, thanks guys… Maybe i’ll gv it a thot now…take care all…

  76. #79 by Arokiam on November 20, 2007 - 2:23 pm

    Hello friends,

    Thank you for the information. It’s a great help.

    My e-mail address is ariako2001@yahoo.com

  77. #80 by Roy on November 20, 2007 - 4:43 pm

    Dear Shazli

    Macamana nak tahu certain funds tu dividend atau growth?
    (Your reply utk Nizam refer to point 3 -29/10/2007)

    Terima Kasih.

  78. #81 by shazli on November 20, 2007 - 5:31 pm

    hi roy,

    based on the name of the fund you can know. example public islamic dividend fund gives distribution through dividend. and public growth fund gives distribution through growth. but some funds the name is a bit unique like sbb dana al-ihsan. so these funds you need to refer to the prospectus or fund facts sheet in the website. the prospectus will tell you what are the method of distribution. you can also request a copy from your unit trust consultant. 🙂

  79. #82 by Fazrina M. on December 3, 2007 - 4:16 pm

    Thanks to Irwan and his site that I’ve decided not to take up ASB loan. I don’t use that much from my salary. So I believe I can save up to RM1,000 per month.. [Just starting with my first job (fresh graduate)]. Aside from saving in ASB. with the monthly saving, I’ll put it all directly into my asb account lah.. =) Do you know of any other types of investment that I could invest in long term and also short term?

  80. #83 by shazli on December 3, 2007 - 4:37 pm

    hi fazrina,

    may i know your email add? i wanna share with you a long term investment result in public mutual. based on past performance of public ittikal fund which is one of Public Mutual’s fund, average 5 year return is 18% which is doubled ASB’s average 5 year return of 9%. if your journey of investment is long, with the right strategy, you can achieve better return in unit trust.

    btw..i want to praise you for investing very early in your career. not many people have the saving habit like you. you definitely have a bright financial future! 🙂

  81. #84 by Fazrina M. on December 3, 2007 - 7:19 pm

    Hi Shazli,

    Thanks for the help! =) My email add is fazrina0226@gmail.com

  82. #85 by Merak on December 5, 2007 - 12:10 pm

    wow, i have read all you replies… made me financially intelligent in 30 min…. thanx…

  83. #86 by haniff on December 10, 2007 - 10:23 am

    Hi Mr Shazli,

    Are u PM consultant?

    thank you

  84. #87 by adam on December 10, 2007 - 11:34 am

    apa perbezaan growth fund dengan dividen fund. growth fund tak bagi dividen ker? mana yang baik untuk jangka masa pendek dan jangka masa panjang atau hit and run?

  85. #88 by Swapana Thorat on December 12, 2007 - 7:23 pm

    Thank you,
    this was exactly I was looking for

  86. #89 by min on December 15, 2007 - 10:50 am

    Question to Shazli,
    I just found this blog and have gain a little insight into unit trusts esp PM..Still in the dark though. I am interested in this UT investment but am not really sure which to invest in? You mentioned about Ittikal average 5 year return is 18%. Does it means that if I save Rm10,000 for 10 years, my investment will grow to roughly RM 28,000?

  87. #90 by Bernhard on December 29, 2007 - 4:19 pm


    This website is indeed very helpful.

    I’m new to UT and was approached by a PM consultant recently.From the way it seems,the hottest fund to invest into would be PCSF and PCIF.So to you learned consultants/investors,please advise on the following queries:-

    a) which one of these would be recommended to invest into PCSF or PCIF (of cos there’s no absolute guarantee in returns,that’s well understood 😉 but my opinion is this,investing in non-halal companies eg.tobacco, alcohol etc…my due respect to all those who do not embrace these stuffs…would perhaps bring in more returns as its investment scope is larger?

    b) from previous discussions above on the subject of reaching your investment goals and then ‘locking in’ the profits made from equity funds to bonds/market money funds. It sounds pretty simple but how do the mechanics work:-

    i) do I need to buy a bond-based fund just to transfer the profits made into it? OR

    ii) just simply switch the profits made from the equity fund into a self-selected bond-based fund by just paying RM25?

    iii) When i’ve got my profits ‘locked in’ into a bond fund,the same profits would remain unchanged?

    iv) and when i want to withdraw the profits earned,is there a maturity period to be achieved before i could withdraw?

    It’s a little long i know…sorry bout that but if anyone could give some insight into this questions,it’s greatly appreciated 😉



  88. #91 by zu on January 30, 2008 - 5:55 pm

    Hi Everybody,
    market is moving downward at the moment.
    UT agent has been harping that the best way to protect your investment is to do switching. I tend not to believe them until I see the actual calculation (real-life). Anybody out there can simulate how the calculation is being calculated pls post it for the benefit of everybody. FYI, I am having some money in PM Unit trust


  89. #92 by affanddy on February 10, 2008 - 1:15 am

    Dear Zu.. Before doing switching ask your consultant on the fees imposed. For the time as far i am concern only Alliance Investment Management do free switching.
    Basically good consultant will react base on her/his fund manager advice. because they are our key person..of investment. If the fund manager forecast the market will going down. its probably true because of sub prime issue are heating us. but if you are investing in syariah base fund, the effect was less because normally the sub prime crisis effect most at convensional fund. .Why ? Syariah index always react most on gold and Convensional react on paper value. Bare in mind we appereciate dollar because of the gold they hold.

    *Buy more unit when market are down

  90. #93 by syaitan ajaib on February 12, 2008 - 5:30 pm

    hello semua..
    bila citer pasal skim amanah,semua rasa company masing2 bagus.tp cuba tanya sendiri,kalau jd apa2 pada pelabur;sekiranya meninggal dunia,ke mana pergi nya semua pelaburan itu.Sudah tentu akan terletak ke Amanah Raya.Tahukah anda,jika hendak waris hendak menuntut wang tersebut,berapa lama perlu diambil untuk menuntut wang tersebut??MINIMUM 3-4 tahun??
    Penah dengar org turun naik pejabat insuran untuk claim insuran??Betapa payah nya hendak mendapat wang tersebut.Mcm minta sedekah di buat nya.padahal duit tu mmg hak kita.
    confirm 3-4 tahun anak2 si mati tak makan..
    tepuk dada,tanya la agent.

  91. #94 by Akmar on February 22, 2008 - 9:55 pm

    To syaitan ajaib and all. about pelabur yang meninggal dunia. CIMB offer trust nomination. I am investing in CIMB funds and they offer trust nomination… i.e penama in case i no longer in this world. the trust nomination is only RM50.00 for investment less than RM20,000.00. it will tke only a month forthe full investment to be transferred to my mother’s account, kalau i ah takda. not thru amanah raya. amanah raya will take a long time to get back the investment and byk charges kena tolak tolak from the investment amount.

  92. #95 by Investors on February 27, 2008 - 9:44 pm

    kepada syaitan ajaib….

    Masih adda lagi rupanye melayu layu di malaysia nie.
    Open your mind.dahlah insurans tade….pelaburan pun tade…sure anak-beranak mati tak makan kalau kau mati.just imagine you meet accident…x mati but lumpuh sepanjang hayat….aku rasa bini kau pun minta cerai.yalah dah lah tak boleh bekerja…kena pulak jaga kau yg lumpuh tu.Maaf kalau terlampau keras kata2 ini.

    Segala-galanya terletak pada kemahuan kita.pasal pelaburan kemana lepas kita mati…..tu pentingnya kita buat wasiat…faham…ada banyak tempat yg kita boleh …cas pun murah….kat amanah raya pun boleh…faham….
    kalau takde wasiat pun….duit tu masih utk waris kita….yg penting ye..kita perlu tahu cara yg betul utk dapatkan….faham…ini tidak bila amanah raya suruh sediakan itu..ini…bolehlah merunggut tak ade masa..lah..susah..lah…mcm-mcm alasan.
    Pasal insurans….yelah kalau kau beli dgn syarikat cap ayam…off causelah…kena naik turun tangga ..nak dpt claim kau….yg penting kita kena tahu apa document yg perlu bila buat claim…kalau terus pegi sehelai sepinggan -lepas tu minta duit kat syarikat insuran-sapa nak bagi…ada procuder yg perlu diikut.
    Dan yg paling penting..beli insuran dgn syarikat yg bagus…
    Aku buat claim uth arwah ayah mertua aku…sekali pergi aje..3 minggu dpt cek…apa yg susahnya.
    pening aku tengok org mcm kau nie….

  93. #96 by Investors on March 7, 2008 - 9:36 pm

    to affandy…
    very2 good comment.But can u explain futher…bcoz my research during currency crisis show different.syariah index also received some impact as convertional.
    my reseach show that syariah index down almost -60% on dec 1997….it not much different comfare to KLCI index.
    Hope u can explain futher…your respond are highly appreciated.

  94. #97 by ajoy on March 13, 2008 - 9:34 am

    hello all,

    I’m a new guy in investment field.I just wonder what is the best fund,bond or any trust fund that available in our country.I’m looking for a medium risk and long term period.

    Thank you.

  95. #98 by killerkoffee on March 24, 2008 - 6:11 pm

    Hello Irwan and everyone!

    This must be the discovery of the century, getting wise people to explain investment topics in a humane (simple, precise and understandable) way. I’ve just started working for 6 months and I want to invest, but I don’t know what is the best choice. I know there are a lot of products out there, but the rest is beyond me. It’s nice to have this site to throw some light though.

    I’ve been reading some books regarding financial freedom etc, and they all keep stressing that you have to get involved with real estate to make money. Any tips on this?

    Merci beaucoup Irwan!
    You did a great job

  96. #99 by Shah on March 27, 2008 - 6:06 am


    To invest in Real estate need some back up money if you want to invest.. but you must have spending power (that is Money)to sustain your property just in case no 1 renting your house or apartment. there is so many step to be rich. insurance is one of the main point if you are looking into getting rich. but first thing’s first is you must make your money work hard for you, not you work hard for money. Good Luck. if you need any help or sugesstion can contact me at:-

    mobile: 012-6700900
    LVG Unit Trust Consutlant

  97. #100 by insurans ajen on March 29, 2008 - 10:30 pm

    To SYAITAN AJAIB & melayu layu yang lain..

    aku sokong investors..

    ni la melayu, time orang nak kempen & bagi tahu, tak nak dengar.
    bila dah kena, mulalah menggelabah salah itu ini.
    aku sure kau tak pernah berurusan dgn pejabat tanah. lagi teruk kalau tak tahu & tak nak ambil tahu awal-awal.

    Hello. matinye engkau.. habis segala aset kau dibekukan ke amanah raya. melainkan polisi insurans. kalau KWSP kau tak buat penama @ tidak update, menyumpahlah anak bini kepada kau di kubur nanti…

    insurans, directly aku cakap… company cap ayam je yang bermasalah.
    Takaful malaysia.
    kalau mudah je daftar polisi insurans/takaful. nantilah kau bila nak claim nanti. payah nak mampus. silap2, tak dapat lansung!!
    tapi kalau banyak soal @ kena buat medical report untuk daftar, mudah je time claim.
    Y..? tu tanye ajen aa. Ni tak, ajen datang, lari. padahal kau tu syaitan. bukan kena bayar pun kasi ejen tu cakap & tanye dia mcm2.

    ciss. long story lak..
    k. ranking syarikat life insurans kat m’sia..secara umum bagi all policy :-
    1. great eastern life
    2. AIA
    3. predential
    4. ING

    takaful? malas aku nak komen..kang marah lak ejen dia.
    macamni lah. kalau kau kaki boikot semua supermarket, product syarikat non-muslim & beli kat kedai melayu saja. boleh aa kau ambil takaful.

  98. #101 by Shah on March 30, 2008 - 2:54 am


    Swicthing it depend on what price you bought and what are the current price? If the price have slum down huge fall then i suggest you dont do swicthing coz i will do you damage. Some UT agent are not knowledgeable in this, coz they just follow thier upline who is not that experience in dealing with this..(dont follow like Buffalo).
    Please remember that UT investment are a journey 3-5 years. Discpline on regular saving, that is Dollar Cost Averaging and dont be emotional when market down. remember what goes down must come up. and also you must also have faith in your investment. I hope this will help you decide. if you need any assitance contact me.


    LVG Unit Trust Consultant

  99. #102 by Lady S on March 31, 2008 - 4:23 pm

    eloo guys, come on. dun be so hard on ‘syaitan ajaib’. well the name says it all 🙂 he’s just an angry man, maybe had encountered wif bad experiences. Anyway, i can say one thing. Insurances, unit trusts, stocks n bonds.. n whatever it is- it’s all products! whenever u want to buy a product, u have to consider things like money u have, how good the product is (how do u know? by ur own experience or mouth-to-mouth stories), how long the product is expected to remain good, how helpful the product is,or do u reli need it? Stuffs like that.

    We all want to have ‘money freedom’, retire young & rich. But don’t just do it because u heard that people do it successfully. Learn slowly, even it takes u a year to start a commitment into any kind of funds. Think Irwan’s page is so helpful, so i myself also spend some times to read up, n even attending financial seminars. All kind of investments are about the risks. So, be ready for risks, n be happy for the returns.

    Anyway,I do not blame any agents, but i have to say that some agents (esp insurance) just want us to sign the documents.Suka sgt paksa,paksa n paksa! and then marah bile u tak nak!OMG, i can’t stand this kind of ppl, even frens pun bleh jd enemies. (Im so sori kalau ada agents yg bc nih.. i think sure ada la. Perhaps u r not one of those sicks agents, but do not blame ppl yg lari bile agent datang- believe me diorg mesti pernah ada bad experience!) Come on, give us time, wif great explanations and great stuffs offered to us, we’ll come back to u if it meant to be! Biasalah tu, adat promote brg- u tak leh marah kan?

    Frens, Muslims especially: Jgn lupa pelaburan akhirat..rezeki takkan terputus kalau kita tak lupakan org2 yg susah n tk lupe satu hari kite akan mati! 🙂 You have someone utk dicontohi so far: Tan Sri Syed Al-Bukhari.

  100. #103 by Meera on March 31, 2008 - 6:00 pm

    Salam and Hai! everybody, I’m new to investing but after reading all the comments. I’m more confused, i am still blur, what is Unit Trust, though technically i’ve read about it, but help! Still not sure.

    Thank a million.

  101. #104 by swami on April 1, 2008 - 12:46 pm

    hi meera from swami utc public mutual
    would appreciate if u could call me at this 016-3712929 for further explaination on how ut works
    thank you and hoping 2 hear from u

  102. #105 by Shah on April 1, 2008 - 2:10 pm


    I cant explain in details coz it would take the whole page. What i can do is probably fix up an appointment with you and explain further more. Just drop me a email and i get back to you.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group (Damansara Perdana)

  103. #106 by Anna on April 8, 2008 - 12:00 pm

    Hello everyone. Iam totally new to Unit Trust. What is the best fund to invest now?

  104. #107 by Shah on April 8, 2008 - 12:08 pm

    Dear Anna Tan,
    There so many subject to discuss with. If you have time maybe I can share some knowledge with you.My number 0193373380.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group (Damansara Perdana)

  105. #108 by Shah on April 8, 2008 - 1:45 pm

    Dear Anna Tan,

    Where are located? Maybe you can just chat on the net or call.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group Damansara Perdana.

  106. #109 by swami on April 8, 2008 - 2:14 pm

    dear anna tan from swami public mutual
    i am a unit trust consultant with public mutual fulltime formely with cimb .would greatly appreciate and ever willing 2 help if u require
    my services my phone no is 016-3712929
    thank you
    swami aka sam

  107. #110 by Anna on April 8, 2008 - 6:01 pm

    Hello,Iam from Sarawak.Far away from KL. 🙂

    • #111 by abdullahbs on April 16, 2008 - 1:31 am

      Hi Anna from Sarawak,
      I am a Public Mutual Unit Trust Consultant in Kuching. If you are looking for a consultant in Kuching you can contact me at 019-8278489 or email me at abdullahbs@yahoo.com.

  108. #112 by zul on April 11, 2008 - 4:52 pm

    If I were to invest for a period of 3 years which one should I choose, P Ittikal or ASB?

  109. #113 by swami on April 11, 2008 - 6:51 pm

    hello anna from swami aka sam i have clients in kuching so no prob contact me at by e mail
    sanniswaran@hotmail.com tq

  110. #114 by Shah on April 12, 2008 - 4:58 pm


    It’s better if we meet and i can advise you on what to do… just call me 0193373380 or feel free to email me shahril.riza.mokhtar@gmail.com.


    Shahril Riza Mokhtar
    Unit Trust Agent Supervisor
    LVG Group PM Damansara Perdana

  111. #115 by Olivia on April 13, 2008 - 8:36 pm

    irwan….i want to talk to you. about finance matter. hope u can help me out. to understand more..

  112. #116 by Irwan on April 13, 2008 - 9:33 pm

    Olivia »

    you got my email

  113. #117 by khai on April 15, 2008 - 9:19 pm

    Hi Irwan,
    Would like to ask you if there is an official web site to see real time unit trust price?
    I have check most of the website like publicmutual and thestar provide 1 day late pricing list.

    Hope to hear from you soon, please reply to my email. Thanks in advance.

    • #118 by Irwan on April 15, 2008 - 11:10 pm

      dear khai, unit trust NAV is calculated at the end of the day. thus the price would always be late 1 day.

      Mutual funds don’t have real time price like stock.

      however, if you need such information, you can view the prospective and find the largest equity that the fund holds. then you can get estimated value for that fund.

      If you eager to know real time price, i think you should look into real stock instead of mutual fund coz stock give you more control and higher return/risk.

  114. #119 by Steve on April 23, 2008 - 4:14 pm

    I would like to know the Public Index Fund performance. I am investing rm1000 using my EPF money.

  115. #120 by swami on April 23, 2008 - 5:18 pm

    steve perhaps u can call me at016-3712929 for further clarification
    swami public mutual
    full time unit trust consultant

  116. #121 by sahidin rabaha on April 28, 2008 - 7:10 pm

    Bro irwan…

    can u give me your opinion about my investment:

    1)Public Asia IttikalFund =RM 3000 (a year ago)
    2)CIMB MENA Equity Principal Fund = RM 1500 (march this year)
    3)Amanah Saham Bumiputera = RM 2000(march this year)

    so do u think i should open a new fund acc or invest in 1 of those 3 fund???coz im intent to invest RM 1500 more…thanx 🙂

    • #122 by Irwan on April 29, 2008 - 1:14 am

      In my opinion you already have a balanced portfolio. ASB for non-risk, and PAIF and Cimb’s for high risk fund.

      In which you should invest depends on how you view your risk/performance ratio now.

      If you think the market is too volatile, invest more in less risky option. vice versa.

      As you have already scattered your investment nicely, I don’t think it’s a need to diversify your investment even more. However, it’s also a good idea to make investments that counterbalance economy fluctuation such as precious metals.

      • #123 by sahidin on April 30, 2008 - 1:29 am

        Thanx bro….

        really appreciate 🙂

      • #124 by sahidin on April 30, 2008 - 1:55 am

        im more to risky option…coz considering my age(24)n others circumstances…think risky option is ok…so i’ll go for rm 1000 to PAIF n RM 500 to MENA…:)

  117. #125 by Shah on May 1, 2008 - 12:00 pm

    For those who want to be Agent can give me a call at 019-3373380.


    Shahril Riza Mokhtar
    LVG Unit Trust Consultant
    PM Damansara Perdana.
    “Financial Freedom”

  118. #126 by Yuki on May 7, 2008 - 5:32 pm


    Sini macam forum Public Mutual pulak yea. Anyway, can unit trust consultant publish and promote themselves on the net? You guys better be careful before SC found you!

    I just want to touch on ASB. ASB is not cater for ‘orang melayu’ or ‘orang islam’ but ASB is cater for ‘bumiputra’. Kadazan, dayak, iban, orang asli etc are also ‘bumiputra’. They can be ‘muslim’ and they can be ‘non muslim’ too. So is it wrong for ASB to be non syariah compliance? ASB has been formed long ago before syariah based investment and banking were formed. Today there are so many syariah product in the market. To invest or not to invest in ASB tepuk dada tanyalah akal.


  119. #127 by Clarence on May 10, 2008 - 10:33 am

    Hi Irwan,

    I would like to know where can i get a copy of price movement chart for each public mutual fund for at least a year graph.

    thanks ya


  120. #130 by Clarence on May 10, 2008 - 3:56 pm

    Dear Irwan,

    The one u gave me is not price movement chart. It’s a performance comparison between KLCI and particular fund. Do u have one that is price movement chart, which is everyday’s price compiled to a chart like stocks? Or do u have everyday’s price up to a year, i can compile it mysf.

    Thanks & regards,


  121. #131 by fakru azwary on May 12, 2008 - 11:31 am

    Just got a breif explanation about this yesterday, the return is unbeliveble! Now searching for more info, step by step to start my investment. Keep it up, ill be on this site regularly.

  122. #132 by jothi on May 19, 2008 - 5:43 pm

    if a consultant of PM manage to invest 50,000 in public mutual fund and she try to deposit monthly 1,000 dollar. As a public mutual consultant how much commisson suppose she can earn

  123. #133 by Haikal on May 20, 2008 - 4:23 am

    Dear Irwan,
    Can you give an explanation about the differences between PM and the newly launched PNB Sturtured Investment Fund? I’m not sure which one will give me better return? or is it better for me to just stick with ASB?

  124. #134 by bazet on June 22, 2008 - 11:56 am

    I search on Google about Unit Trust Agent and I got this site. well very good information indeed.

    Any agents who wants to do internet marketing campaign can contact me

    I operate an automotive website which generate 1.5 million pageviews per month and almost 80,000 unique people ( 99% malaysian ), so put a leader board banner that link to your website in my site..and start fishing from there.

    Tired of maintaining your customer list and thier fund using Excel and MS word ?….I can do a web programming to suit your need..and it will be password protected web based.

    I’m still new to unit trust, well nothing wrong to try. Like irwan said

    He invest RM10k for 1 year, and will get RM625 profit.

    That’s is good enough.

    Currently my investment all done in USD and it is weaken every day. I do website advertisement via Google Adsense and can yield the same profit like irwan did…but in shorter time..like 1-2 months….but the problem is, you need to work on it…whereas like irwan..he just pump 10k and come back later in 1 year and started collecting the fruits.

    Contact me at [ http://ad.protonmania.com/advertisements/contact ]

  125. #135 by mimi on June 26, 2008 - 10:50 am

    hi,just want to know the best pm(syariah)fund to in invest right now.

  126. #136 by norisa on June 26, 2008 - 1:23 pm

    I think PIOF is the best. I invested few thousands last year. U should take advantage now bcoz the price is going much lower

  127. #137 by SU TING on June 28, 2008 - 9:10 pm

    Wish to have a proper financial planning? Hope to defeat inflation? Wan to make your $$$ grow faster? Pls do not hestitate to contact me. SU TING:+6593221285/ +60162427953. or email: wattsivy@hotmail.com. I am mainly focus on johor bahru and singapore, kluang.

    Public Mutual Unit trust Consultant

  128. #138 by Saiful Azry on July 3, 2008 - 4:23 pm

    For those who interested to know the detail of Unit Trust that suite for you, please leave a call at 017-6743666 (Azry)- East Coast Area.
    or email me at saifulazry@gmail.com. Thank You.

  129. #139 by Mohd Basir Ahmad on July 7, 2008 - 4:06 pm

    Call i pun boleh. I can connect you to my agents in Kota Kinabalu, Miri, Kuching, Kelantan & East Coast, Penang, Ipoh, dan Klang Valley.

    Rgds MBA 017-3355733

  130. #141 by unu on July 7, 2008 - 9:22 pm


    I already have about RM10k and i’m going to spend this money in UT but i really don’t know where and how to invest it.Could anyone give ur opinion in which UT shoul i invest.My target is for both long-term and short-term investment.Thanks guys for ur help….

    • #142 by riez on July 13, 2008 - 6:12 pm

      hye unu.u may call/sms me 012 6720978 or email manzrunz@yahoo.com for more detail about ur investment.i will gif my best advise 🙂

  131. #143 by tisha on July 13, 2008 - 7:06 pm

    Is it good time to invest in UT, considering the volatile condition of the market? I had invest in Public UT early this year and end of last year, now looking at economic condition of the world..I feel regret.

    • #144 by norisa on July 14, 2008 - 8:00 am

      Me too. But now the price have gone low its better to buy more

  132. #145 by michelle on July 17, 2008 - 11:05 am

    dear Irwan:

    i just starting doing investment on mei 2008, i just want to know how to calculate the profit using you way. for example i bought RM2000 on may, RM3000 on jun and RM1000 on julai. if want to known profit or loss which month selling price should i calculating? and where can find the nav/selling or buying chat?

    • #146 by Irwan on July 17, 2008 - 3:07 pm

      to get current profit/loss, just compared your current units times current NAV, to total money that you have contributed.

  133. #147 by michelle on July 17, 2008 - 11:11 am

    when i frist time brought it with selling price RM 0.9300 per unit, now it’s become lower RM0.8664 per unit. should i invest more on this time? thank you for you advice.

  134. #148 by michelle on July 17, 2008 - 11:15 am

    sori forgot to tell you, i brought public Ittikal Unit trust same as your. please give some advice about this unit trust. the future profit is good or not?

    • #149 by Irwan on July 17, 2008 - 3:11 pm

      in speculating current market, people have their own opinions. to me, considering unstable local politic scenario, the price still has more chances to go lower. if you want to buy now, it’s still a good time as the price is cheap.

      to me, monthly contribution is still the best way to do.

      • #150 by michelle on July 17, 2008 - 4:45 pm

        dear irwan:

        First, thank you for you help. Just like what u said above i agree now is good time to buy and make long term investment, because the price’s lower and inflation is getting high and high. the money is like piece of paper. and dunno when the local politic will stable. the scenario make local economic drop and drop. this make me little bit worry but i still confident the pm expert can make a safe and good investment. hope u , me and everybody can earn the profit in future time.

  135. #151 by Fina on August 14, 2008 - 6:48 pm

    Dear All,

    i’m a new utc at pm. find it very interesting in this forum with lots of knowledge and info. i rely much on this forum coz my upline is staying outstation. Why lately been very slow here. i need to know at this point of time when the market looks quite slow, what is our advice to prospects. thanks.

    • #152 by Irwan on August 15, 2008 - 2:11 pm

      as our economic is cyclical, which has bear and bull market, investors should try to grab the chance to buy unit trust at cheaper price, which is now. Nobody knows when we will reach the bottom but we can do the better guess by analyzing the market.

  136. #153 by anbaransu on August 15, 2008 - 1:03 pm

    hai.. apa kelebihan kalau agent tu sendiri invest dalam unit trust berbanding dengan orang yang tidak jadi agent?

    • #154 by Irwan on August 15, 2008 - 2:09 pm

      selain dr blh elakkan 2.6% fee, (sebab fee tu akan dpt pada agen), kite blh track sendiri fund performance, dan jalankan transaction dgn lebih mudah.

  137. #155 by sue on August 17, 2008 - 3:36 pm

    Hi…everyone…I’ve enjoyed with this discussion about unit trust..Here, i want to share something with u all… For ur info, pada keadaan ekonomi yg x menentu skarg ni, simpanan yang terbaik adalah dalam unit trust..selain emas, unit trust adalah instrument yg dapat menandingi inflasi..Jadi,untuk achieve financial freedom pada masa akan datng , buatlah simpanan dalam unit trust….Percayalah..nilai nye memg akan berganda utuk jangka masa panjang..
    Saya sebagai agent public mutual, juga bertindak sebagai penasihat kewangan dalam menjaga akaun2 pelabur saya..Saya menjaga akaun pelabur sama seperti menjaga akaun sendiri..sy inginkan keuntungan, sama begitu juga para pelabur saya..nasihat dari perunding ttg akaun anda amatlah penting untuk mengetahui adakah anda sedang untung atau rugi…Sekarang adalah masa yg terbaik untuk membeli unit amanah..Gandakan dinar anda sekarang…Tidak kiralah syarikat mana yg menjadi pilihan anda…apa yg anda patut tahu..simpanan amatlah penting dan TERAMAT AMAT PENTING…IA BUKAN KEMAHUAN TAPI KEPERLUAN…Jika sesiapa memerlukan khidmat nasihat dari saya, sy ikhlas membantu anda especially about financial planning..
    email me at sue_ai4ever@yahoo.com

  138. #156 by shahril on October 13, 2008 - 5:24 pm

    Irwan i just want to ask.. Can I invest using acc 1 kwsp in ASB. From list by kwsp, one of the unit trust is IPD035 AMANAH SAHAM NASIONAL BERHAD. If can, how to do it?


  139. #157 by Wind on October 15, 2008 - 5:30 pm

    Hello Irwan & All great investors,
    Thank you for all the sharing. I’ve been reading a lot and gaining lots of info from this site.

    I’m new to UT and started to think on investing in UT more to because I’m a mother now and feel that money not enough by just saving in banks.

    I’m thinking on investing in Public Mutual PIEF using my EPF fund, would it be too risky now? This should be my long term investment since the money I gained will be deposited back to my EPF Account.

    I’m planning for my daughter education as well even tho she is merely 1 yr old. Should I go for aggressive fund like PSmallCAP/PIOF? Or stick with something safer like insurance?

    Another thing I would like to mention is that my new hse is almost ready, and I need to do some renovation so I can’t invest much. Any advice?

    Many thanks and great site for all investors!

    • #158 by swami on October 16, 2008 - 6:56 am

      dear wind since u are new to unit trust
      i suggest u invest small reguarly- 3 mths
      intervals using ur epf and put in a variety of funds when u receive d returns
      u can top up ur investments.anyway pls contact me for asistance swami0163712929
      or sanniswaran@hotmail.com coz some matters are confedential.tq

    • #159 by Mohd Basir Ahmad on October 19, 2008 - 4:16 am

      Call me for appointment. Can explain more.
      Basir, UTC,
      017-3355733, basirpm@gmail.com

  140. #160 by kiki on October 16, 2008 - 1:33 am

    i’m kiki and just pass with my exam to become an agent of public mutual fund. but i don’t know what the information should i know as an agent now and sometimes i cannot explain to my friend how to invest in that trust. if you dont mind, i would like for your kindness to reply me soon at my email. thanks again

    • #161 by Mohd Basir Ahmad on October 19, 2008 - 4:05 am

      do you have uplines ? who recruited you ?

      • #162 by kiki on October 22, 2008 - 4:26 pm

        for your information, i do not know anything about this public mutual fund. my relatives told me to take an exam and when i’m pass she want to invest in unit trust through me as an agent not by her friends..but i’m willing to know what should i know since i’m become an agent now..tq

        • #163 by swami on October 22, 2008 - 8:54 pm

          kiki i suggest u get your self updated in http://www.public mutual.com.
          coz at least u will know whats ut abt
          also be take care what u sell even 2
          relatives coz the market is very
          turbulent and up and down,if they make money its good ,if they lose money u know who they will blame
          take care swami 0163712929

        • #164 by Mohd Basir Ahmad on October 23, 2008 - 11:49 am

          If that so,
          Kiki pls call me at 017-3355733
          I can teach you from A-Z.
          Basir, Agency Manager

  141. #165 by cyborq on October 18, 2008 - 11:35 pm

    Hi Irwan…
    With current global economic situation & from MTEN press released that Malaysia is expected will go for 40% technical recession proberly starting from 2nd quater next year….talking about unit trust, Pittikal price already low to 0.6919, I buy at 0.8082 price with
    RM 10,000 investment, if I let it all in Ittikal it will go down until don’t know when my ittikal investment will break even..
    Switching some of my RM,let say RM5000 from Ittikal to Bond…is it a right move?

  142. #166 by MOHD ANUAR on October 21, 2008 - 6:08 am

    sdr Irwan,
    Saya ingin tahu lebih lanjut mengenai anugerah berupa lawatan keluar negara YANG TELAH DIBERIKAN (telah pergi pada 09,10 atau 11 oktober 2008)kepada agent-agent Public Mutual yang berjaya melepasi target yang ditetapkan.Maksud saya ke mana mereka telah pergi pada tarikh berkenaan.
    t.kasih sdr Irwan.

  143. #167 by MiZaNiZMe on January 2, 2009 - 1:52 pm

    Salam Irwan,

    I just suddenly found this site when surfing recently..
    Just wanna know your wise opinion, due to the current economy crisis, is it good for me to invest in this Unit Trust???

  144. #168 by sham on January 7, 2009 - 10:35 am

    i just know that my friends have the public mutual software that can gives us previous day or price of specific fund from for example 1 jan 2007 to today date.. the listing of price.. if anyone or you irwan got the software, can you please fwd them to me or at least inform me on how to get the software, please do contact me via mail at somecd83@hotmail.com


  145. #169 by Newbies on January 27, 2009 - 1:26 pm

    Does anyone knew any good agent at klang area?

  146. #170 by yeen on February 28, 2009 - 7:13 pm

    hye my name is yeen.i’m a fresh graduate and i’ve just started working at public bank as a personal financial executive.i was browsing through websites to learn more about unit trust and i found this blog.and it helps me a lot!

    however,i dont have any exposures or knowledge of unit trust.i need to know more of it.and as i’ve just started workin,i have to meet the sales target and its hard for me to convince to clients if i dont know how.
    i really hope that someone could help me to become a very good unit trust consultant.i have the biggest interest to know more bout unit trust,the procedures, the investment and everything related to it.

    please email me at ye3n@yahoo.com if ur willing to help.thank u very much!

  147. #171 by collyen on April 15, 2009 - 4:18 pm

    if i invest 1K and monthly put in rm100 to my investment, how do i know brape unit yg i ade after 5months or 1 yrs?
    is there any statment that i dpt..
    kalau ade how frequent statment tu i dpt????
    coz i plan to invest in ittikal @ smallcap…

    somebody pls help me…..

  148. #172 by nikz on April 23, 2009 - 10:57 am

    salam collyen,brp unit yg u dapat bergantung pada hrga price semasa utk fund tersebut:

    cth:simple calcution utk pengiraan unit

    if u topup bulan2 rm100;

    jan: price rm1.00/unit ; rm100/rm1 = 100 units
    feb: price rm1.20/unit ; rm100/rm1.2 = 83.33 units
    mac: price rm0.90/unit ; rm100/rm0.9 = 111.11 units

    setiap kali u topup investment, public mutual akan hantar statement kt rumah u n segala transaction (total units,price,fund name) akan tertera dalam statement tersebut.kalo u topup sebulan sekali,maka sebulan sekali la statement akn sampai ke rumah u..;-)

    agency supervisor
    public mutual berhad

  149. #173 by Yusdi Gan on May 11, 2009 - 3:27 pm

    Hi..all utc’s team
    …sunshine just raise up…keep it up…alot of fund rebound their price…it time for us to make our client more support our biz. since January a few fund give a good return..let them know about this situation

    Yusdi Gan 013-7647515 ( JB Branch )

  150. #174 by Nikki on May 12, 2009 - 6:16 pm

    Interested to invest in unit trust.
    Anyone in Kota Damansara or DU?
    Please e-mail me nikkizahri@gmail.com

  151. #175 by nikz on May 13, 2009 - 12:12 pm

    hye nikki, i just send u an email.Check it out!

    agency supervisor
    public mutual berhad

  152. #176 by sramm on May 23, 2009 - 11:40 am


    Dear Irwan,pls some advice,
    -> wats ur opinion investing from EPF into Public mutual?
    i am 40 years now.

    Tq n have nice day

  153. #177 by mohd basir ahmad on June 6, 2009 - 3:38 pm

    15 year investment spam.
    should be okay.

  154. #178 by Nora on August 19, 2009 - 9:45 pm

    hi….i intend to purchase Public islamic opprtunity fund (aggressive fund) but do not know how to get the most profit from this type of fund. Do i keep it for long term or sell it when the nav goes up. Pls give advice asap

    • #179 by Unit Trust Consultant on October 10, 2009 - 2:51 am

      Dear Nora,

      If u want to know more about unit trust u can send me your contact number and I will get to u soon.

      Public Mutual

  155. #180 by nikz on September 2, 2009 - 7:21 pm

    Salam nora.can u gif me ur email addres or just sms/call me 012 6720978.I will gif my best advise regarding ur question,

    Agency Supervisor
    Public Mutual Berhad
    012 6720978

  156. #181 by missena on October 12, 2009 - 10:08 pm

    i’ve buy a unit trust public mutual which are PIBOND-2.5k and PCIF-2.5k.i’ve about 11k ++ for my ASB too.i want to buy another unit trust-PITTIKAL using half of my ASB.i decide to buy because of the good performance of it.but, Refer to my agent,it’s not the right time to buy that type of unit trust because of the price.he suggest me to wait the price decreases.But i think the price is not decreases but increases based on my observation about 1 month.can any give the opinion?tq

  157. #182 by Nikz on October 14, 2009 - 1:39 pm

    hi missena.PITTIKAL is a good fund.in my opinion, u should proceed to invest in PITTIKAL as soon as possible as the market (KLCI) are going up so rapidly know.

    yes there is a chances for the price to going down but is going to be happen if technical correction occur in KLCI.

    if u study technical analysis in KLCI, there is minor probability for technical correction to occur as the market now sailing in a good mood.

    uf u need more info for the current market and fund performance just contact me 012 6720978.. 🙂

    Unit Trust Consultant – Agency Supervisor
    Public Mutual Berhad
    012 6720978

  158. #183 by missena on October 14, 2009 - 8:10 pm

    thanks a lot.rasenya my agent x banyak membantu & x agresif..

  159. #184 by ratna on October 23, 2009 - 3:32 pm

    hi..i’m an agent from Public Mutual..servicing klang valley area…i love to read this blog..as unit trust consultant we need a lot of input and keep news update …b our jobs is not only selling/promoting but the must important is to educate our investor to understand what is unit trust… not only medium to long term,that’s a way to gain max profit. ex: we shud grab the opportunities from the market cycles as Nikz mention earlier and all the agent shud aware of this..agent must alwiz ALERT…and i believe must of consultant/investor not aware of this..thanx irwan for your info..keep it up…
    anybody need my 2 cents advise can reach via my email/sms/contact me..sharing is caring..ratnat_77@yahoo.com/012-2787061…

  160. #185 by Daddy Paul on January 2, 2010 - 11:30 am

    Well explained in article.
    Thanks for posting.

  161. #186 by albert on January 19, 2010 - 6:01 pm

    i have another fren ask it is within 5 yrs UT can do well compare to EPF that can gv us fix % example 4% every yrs(so within 5yrs he will have 20%return)

    And how bout UT will it gv 20% more or less within 5yr time frame.

    he basically only want to know within 5yrs time.

    thank You everyone

  162. #187 by Ina on May 13, 2010 - 6:40 am

    Hi… I have a small info about Unit Trust but interested to invest. Anybody wants to help?? plz emel me @ tjsekajang@yahoo.com. TQ

  163. #188 by rhown on July 5, 2010 - 1:28 pm

    hello every1..

    I just invest in PAUEF las month.
    anybody hav invest earlier in this fund??
    pls share ur xperience,is it a good fund so far??

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