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Invest Public Mutual Fund via Online

I think most of my readers also know that I did make some investments in Public Mutual unit trust, and now you can open an online account that make your investment easier. Applying a Public Mutual online account is very easy, the application approval process and response rate from Public Mutual is pretty fast too. If not mistaken, currently you can only purchase new unit trust and top up your investment unit to your existing unit trust via Public Mutual Online. Other services like selling your unit trust, doing nomination still not integrated yet.

How To Purchase Public Mutual Funds Online?

Firstly, you need to go through PbeBank.Com. Then, go to “Investment” -> “Public Mutual Online Registration” to request the pin number. They will mail you the pin number and you need to activate your pin number within the 30 days in Public Mutual Online website. Is that simple enough?

Will Public Mutual Fund Agent Jobless?

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Do You Invest In Unit Trust ?

I owned some public mutual funds and the prices dropped so badly since the day I put in money. Now the loss is about 5%-8%. Anyway, now is not a good time to invest in UT. The financial professional predicted that the market would continue to go down until 2009. If you feel that it’s the best time to go in then you can make a commitment to invest consistently and wait for the market to reach the up cycle again and you can sell off all your units for a handsome profit.

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Public Mutual Old System Vs New System

There have been quite a few people get confused by the Public Mutual new system. Yes the calculation is slightly different now. So which calculation actually benefit the investors more ? The answer is…
*People who get used to previous system can refer to Case B.

Case A:Assume that investor would like to invest MYR 10k into PFEPRF during offer period excluding service charge which the NAV is RM0.25 and the service charge is 5.45%.

Service charge 5.45% = 0.0545

Total service charge = Effective Investment amount * Service charge
= MYR 10,000 * 0.0545
= MYR 545

Total payable amount = Investment amount in PFEPRF + Total service charge incurred
= MYR 10,000 + MYR 545
= MYR 10,545.00

Number of units = Effective Investment amount/NAV per unit
= MYR 10,000/RM0.25
= 40,000 units

Case B:
Investment MYR 10k inclusive of initial service charge(5.45%).

Effective investment amount = Total Paid Amount/(1+service charge)
= MYR 10,000/(1+0.0545)
= MYR 9483.17

Number of units = Effective investment amount/NAV per unit
= MYR 9483.17/MYR 0.25
= 37932.68 units

Effective investment amount = Total NAV
= NAV per unit * Number of units

Public Mutual Property and Resorts Fund

Public Bank’s wholly owned subsidiary, Public Mutual will be launching two new funds on 10 July 2007, which are Public Far-East Property & Resorts Fund (PFEPRF) and Public Islamic Select Bond Fund (PISBF). PFEPRF is an equity fund to achieve capital growth over the medium-to long-term period by investing in property investment and development, hotel and resorts development, and real estate investment trusts (REITs) in domestic and regional markets.

Launching at a NAV of MYR 0.25 per unit, PFEPRF is suitable for moderate investors who can expect longer periods of market highs and lows in capital growth. During the 21-day initial offer period from 10 July 2007 to 30 July 2007, a promotion service charge of 5.45% of NAV per unit is levied. The minimum initial investment for the fund is MYR 1k and the minimum top-up is MYR 100.