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Other Investments => Unit Trust => Topic started by: swcml on February 15, 2012, 12:30:20 PM

Title: Lost money in unit trust....
Post by: swcml on February 15, 2012, 12:30:20 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:
Title: Re: Lost money in unit trust....
Post by: cashflow technology on February 15, 2012, 12:33:08 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


bunch of FUN Managers they got there  :thumbsdown:
Title: Re: Lost money in unit trust....
Post by: markov on February 15, 2012, 12:35:25 PM
huhhhh.. dats why i dun like Unit Trust, whatever funds same category like unit trust.. wat the funds!!..
Title: Re: Lost money in unit trust....
Post by: arostock on February 15, 2012, 12:38:14 PM
Unit Trust - trust once onli

Better play stocks, hi risk hight return
Title: Re: Lost money in unit trust....
Post by: Spawnsr on February 15, 2012, 12:39:33 PM
I never trust the unit trust fund manager. They are not transparent at all. They may say anything if they did not want to give us good dividend. I rather invest the money myself and become fund manager on my own.
Title: Re: Lost money in unit trust....
Post by: aspenvit on February 15, 2012, 12:46:10 PM
ME TOO. I LOS 10K+ IN THESE BLOODY FUNDS.
Title: Re: Lost money in unit trust....
Post by: The-Keyman on February 15, 2012, 12:46:45 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


So sorry to heard that :(

I personally do not trust unit trust, most of the unit trust have invested in equity unless issued by PNB (ie, ASW2020 & ASM), at least consistently to pay interest to unit holdet with 1-to-1 basic, no management fees involved.

If you spend some time to study & understand the market sure the return better than unit trust unless you need very stable return with longer term, perhaps 5 / 10 /20 years investment then you maybe need some expert like fund manager to monitor your investment portfolio.
Title: Re: Lost money in unit trust....
Post by: hot99 on February 15, 2012, 12:50:14 PM
Mutual Fund is safe. slow & steady..or sikit2 jadi bukit.
as good as EPF in the long term if U buy regularly
my rm2k parked at Pacific Mutual is now more than 7k,but my direct investment at KLSE hit almost zero many times.
Title: Re: Lost money in unit trust....
Post by: bob2424 on February 15, 2012, 12:57:10 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


it happens if the fund manager/proxy  "front running" or personally makan first the counter first, than only only buy at higher price for the fund under their managemnt


if the market collapsing, the fundmanager/proxy will also "back running"
sell first their personal portfolio , than only dispose for the fund they manage.
worst still if nio buyer for them to dispose, they use fund money to act as buyer


so the fund they manage will  show poor KPI
SOMETIMES MARKET UP 50%, BUT THE FUND MINIMAL OR EVEN REMAIN STAGNANT AT THE BOTTOM
Title: Re: Lost money in unit trust....
Post by: richluck on February 15, 2012, 01:03:47 PM


Generally, 9 out of 10 lost their $ in unit trust. Let's say you take your EPF to buy and park it there for 10 years, when compared, EPF still pays higher dividend.  Kisah benar from a close relative who invested in Public Mutual and has since withdrawn.

Their fund managers are very very highly paid.   
Title: Re: Lost money in unit trust....
Post by: swcml on February 15, 2012, 01:05:10 PM
I certainly think that Public Mutual manipulate the funds for their own benefit, otherwise it will not show such a lousy performance, that drive me to warn everyone here.

Don't be cheated by Public Mutual anymore! >:(
Title: Re: Lost money in unit trust....
Post by: ongtkong on February 15, 2012, 01:05:34 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:

Depends on what fund you invested. For eg, if you had invested in Public Equity, you could be making quite a  bit of money.
Far east fund probably affected by china mkt
Title: Re: Lost money in unit trust....
Post by: cashflow technology on February 15, 2012, 01:07:29 PM

Generally, 9 out of 10 lost their $ in unit trust. Let's say you take your EPF to buy and park it there for 10 years, when compared, EPF still pays higher dividend.  Kisah benar from a close relative who invested in Public Mutual and has since withdrawn.

Their fund managers are very very highly paid.   

We love our money more than anyone else. SO, WE invest it ourselves.  :thumbsup:
Title: Re: Lost money in unit trust....
Post by: swcml on February 15, 2012, 01:08:28 PM
Depends on what fund you invested. For eg, if you had invested in Public Equity, you could be making quite a  bit of money.
Far east fund probably affected by china mkt

I have given you HSI and Nikkei for comparison. No fund can invest in China directly. The fund certainly con people! >:( :finger:
Title: Re: Lost money in unit trust....
Post by: cwarrant on February 15, 2012, 01:18:48 PM
Invest yourself lah..., choose blue chip or big cap that have drop a lot already..., like Tenaga and MAS... :)

They are more liquid also when you want to exit... :thumbsup:
Title: Re: Lost money in unit trust....
Post by: Bull-Buster on February 15, 2012, 01:21:50 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


Different situation here. I earn 700k + profit from Public Regular Saving Fund since i bought it in February 2009.  :)

I'm not trying to prove anything here, but sometimes investing is also part of our luck. Like just now, i contra losses in Nicorp bought @0.47 and sold @0.455 which losses RM3k burn.  :( :(  Then that stupid Nicorp push up back.  :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang:
Title: Re: Lost money in unit trust....
Post by: mesak on February 15, 2012, 01:24:39 PM
the investor just buy and keep for 10 years. Sure takder untung . Need to monitor the FBMKLCI then buy equities fund during uptrend and switch to money market / bond during downtrend .

Don't trust 100% to UT Consultant. Need some homework to achieve what they promise.

Don't keep pin-pointing  to others.
Title: Re: Lost money in unit trust....
Post by: swcml on February 15, 2012, 01:45:29 PM
I am comparing Public Mutual's fund performance with index, if it can not even perform comparing to index, the fund should just close shop! Why cheating and ask people to park money with them?

I am very doubtful it is merely because of fund manager's performance, I think it is the company that carry out fraudulent practice, see where Public Bank got its annual profit? Throw unprofitable items to its mutual fund? >:( :finger:
Title: Re: Lost money in unit trust....
Post by: Trade@58 on February 15, 2012, 01:49:21 PM
I got pissed-off by Public Mutual. Last time every year 18x free switching, thereafter RM25/ per switch. Since July 2011, every switch is a daylight robbery of 0.75% of the amount switched if swithces are made within 3 months period. HOW to MAKE NOW???? Now they feel they are BIGGGGGGGGGGG now, just bull-doz the plan. Cannot make from switching now.
Title: Re: Lost money in unit trust....
Post by: richluck on February 15, 2012, 01:56:00 PM
the investor just buy and keep for 10 years. Sure takder untung . Need to monitor the FBMKLCI then buy equities fund during uptrend and switch to money market / bond during downtrend .

Don't trust 100% to UT Consultant. Need some homework to achieve what they promise.

Don't keep pin-pointing  to others.

If like that, might as well you do the investing yourself.  Why need to pay them so high commission.
Title: Re: Lost money in unit trust....
Post by: richluck on February 15, 2012, 02:04:50 PM
I got pissed-off by Public Mutual. Last time every year 18x free switching, thereafter RM25/ per switch. Since July 2011, every switch is a daylight robbery of 0.75% of the amount switched if swithces are made within 3 months period. HOW to MAKE NOW???? Now they feel they are BIGGGGGGGGGGG now, just bull-doz the plan. Cannot make from switching now.

Kisah benar, now all my relatives and friends cashed out from unit trusts. They did make money but when they compared with EPF, they are better off just keeping the money in EPF. 
Title: Re: Lost money in unit trust....
Post by: tuff on February 15, 2012, 02:07:48 PM
Somehow I agree.  Maybe its because I invested in the wrong one I don'tknow.  But todate even the price goes up I still suffer 8K++ paper loss.  Initially was  about 10K.  Unable to recover short term.   :'( :'( :'(
Title: Re: Lost money in unit trust....
Post by: Trade@58 on February 15, 2012, 02:11:07 PM
I hv switched some from Public to MAA whereby switching is still free. So far OK as long as you monitor and switch yourself then only can make $$. Otherwise, just a dream.
Title: Re: Lost money in unit trust....
Post by: cashflow technology on February 15, 2012, 02:12:34 PM
If like that, might as well you do the investing yourself.  Why need to pay them so high commission.

No need to pay commission, Just buy PUBLIC BANK or BJTOTO lah. Sure got dividends regularly one. :thumbsup: :cash:
Title: Re: Lost money in unit trust....
Post by: wb24 on February 15, 2012, 02:24:55 PM
Hi guys need some clarification, unit trust do we need to pay 5% upfront commision for buying and i sthere any commisiionfor selling? besind that what other charges?

thank you
Title: Re: Lost money in unit trust....
Post by: GoDL!kE on February 15, 2012, 02:35:16 PM
You know why PUBLIC BANK price so high? Because Public Mutual bought lots in their own mother shares, top holding at all time!!! Don't believe? Check their monthly fund sheet...
Title: Re: Lost money in unit trust....
Post by: jeneral poyo on February 15, 2012, 02:37:26 PM
If all of you have faith in yourself..........
should consider this......

PHILIP CAPITAL MANAGEMENT........

can use epf witdrawal(like UT) account 1 to play share.......(1st withdrawal min RM 10K)
is a long term game........ no worries......
high risk counters tagged under PN17,GN3,high gearing,3 year losses....restricted to buy(so a bit safe for itchy hands)
price going south.... still can average down....
the cycle of share.... whatever going down will one day go up!!!!
age below 45 is consider "never too late".....
i also start 2010..... so far so good.... :thumbsup: :thumbsup: :thumbsup:
my syndicate frens sifu.....
7 years ago.... starting with RM 150K......(after few withdrawal....)
now more than RM 1 million.....
my idol......

P/S: me just sharing...... don't blame me if u make loss.... 8) 8) 8) 8) 8)

Title: Re: Lost money in unit trust....
Post by: mesak on February 15, 2012, 02:45:07 PM
no commission for selling. The other charges need to know is switching fee between fund. there are few charges which you need to clarify with public mutual.

Just advise, before buy .... please study each fund you invest and some fund performance you can monitor using fbmklci performance (not all fund - please study and don't just blame others). You need to monitor fbmklci closely then you know when to switch the fund from equity to moneymarket/bond then swithc back to equities.
Title: Re: Lost money in unit trust....
Post by: richluck on February 15, 2012, 03:25:04 PM
No need to pay commission, Just buy PUBLIC BANK or BJTOTO lah. Sure got dividends regularly one. :thumbsup: :cash:

True, why waste time on unit trusts.
Title: Re: Lost money in unit trust....
Post by: richluck on February 15, 2012, 03:33:08 PM
Hi guys need some clarification, unit trust do we need to pay 5% upfront commision for buying and i sthere any commisiionfor selling? besind that what other charges?

thank you

If not wrong, management fee.  When you buy, they charge the commission upfront (the selling part already included, nothing is free lah).  Usually the UT consultant provide good service when you buy but when you want to sell, they give you lousy service.
Title: Re: Lost money in unit trust....
Post by: GoDL!kE on February 15, 2012, 04:49:09 PM
If not wrong, management fee.  When you buy, they charge the commission upfront (the selling part already included, nothing is free lah).  Usually the UT consultant provide good service when you buy but when you want to sell, they give you lousy service.

Totally agree, they tell u how good their funds perform, say this say that bla bla bla...
After buy the fund, funds cannot perform, then they find lots excuses & sometimes even lazy to "entertain" u, what a **** services!!!  :thumbsdown: :thumbsdown:
Title: Re: Lost money in unit trust....
Post by: mark1970 on February 15, 2012, 05:38:28 PM
I'm not an agent... but just to share what I understand and to correct some of the misconception among some of the forumers on unit trust and shares.


Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


You can't use HSI as performance benchmark, coz nowadays many mutual funds buy H-shares (China companies listed in HKEX). You may want to use HSCEI as the index benchmark or the respective sector index i.e. property index for property fund. FYI, HSI drop 20% while HSCEI dropped 22% in 2011. But I have to agree with you Public Mutual Fund has underperform the general market in 2011 and 2012.


No need to pay commission, Just buy PUBLIC BANK or BJTOTO lah. Sure got dividends regularly one. :thumbsup: :cash:

You can't compare buying unit trust with buying shares. Unit trust is a PORTFOLIO. Share is 1 individual share.

For example, if you only got RM100,000 to invest and put it in unit trust... maybe 5% is used to buy BJTOTO, so effectively you only own RM5000 worth of BJTOTO. If you use it all to buy BJTOTO, you are owning 1 share and is exposed to concentration risk. If BJTOTO drop 10%, assuming the rest of the counters unchanged, your unit trust only drop 0.5% as compared to 10% if you whack all in BJTOTO.

That is why unit trust is sometimes called the "grandpa investment" coz it's slow... 0.5% drop for a RM100,000 investment is really nothing.... but if you have RM10m or more, even 0.1% drop is a lot of money in terms of absolute value.

If you want to make an apple to apple comparison, try compare the return you get from your investment in stock market in 2011 (include all the blue chip and penny stocks) and compare its return with one of the unit trust you bought. If you think you did better, then compare it again with past 5 years average, and if you again outperform your unit trust, then you can be your own fund manager.


Totally agree, they tell u how good their funds perform, say this say that bla bla bla...
After buy the fund, funds cannot perform, then they find lots excuses & sometimes even lazy to "entertain" u, what a **** services!!!  :thumbsdown: :thumbsdown:

I totally agree. Unit trust consultant are nothing more than just a salesman and a messenger. Many of them do not have strong financial knowledge nor know what is happening in global market. All they do is, relay the message from their fund managers to their investors, hence anyone can become a unit trust consultant.

To buy a good fund, you need to do your own studies like understand who is the fund manager and what was his track record etc...
Title: Re: Lost money in unit trust....
Post by: richluck on February 15, 2012, 08:56:03 PM
I'm not an agent... but just to share what I understand and to correct some of the misconception among some of the forumers on unit trust and shares.


You can't use HSI as performance benchmark, coz nowadays many mutual funds buy H-shares (China companies listed in HKEX). You may want to use HSCEI as the index benchmark or the respective sector index i.e. property index for property fund. FYI, HSI drop 20% while HSCEI dropped 22% in 2011. But I have to agree with you Public Mutual Fund has underperform the general market in 2011 and 2012.


You can't compare buying unit trust with buying shares. Unit trust is a PORTFOLIO. Share is 1 individual share.

For example, if you only got RM100,000 to invest and put it in unit trust... maybe 5% is used to buy BJTOTO, so effectively you only own RM5000 worth of BJTOTO. If you use it all to buy BJTOTO, you are owning 1 share and is exposed to concentration risk. If BJTOTO drop 10%, assuming the rest of the counters unchanged, your unit trust only drop 0.5% as compared to 10% if you whack all in BJTOTO.

That is why unit trust is sometimes called the "grandpa investment" coz it's slow... 0.5% drop for a RM100,000 investment is really nothing.... but if you have RM10m or more, even 0.1% drop is a lot of money in terms of absolute value.

If you want to make an apple to apple comparison, try compare the return you get from your investment in stock market in 2011 (include all the blue chip and penny stocks) and compare its return with one of the unit trust you bought. If you think you did better, then compare it again with past 5 years average, and if you again outperform your unit trust, then you can be your own fund manager.


I totally agree. Unit trust consultant are nothing more than just a salesman and a messenger. Many of them do not have strong financial knowledge nor know what is happening in global market. All they do is, relay the message from their fund managers to their investors, hence anyone can become a unit trust consultant.

To buy a good fund, you need to do your own studies like understand who is the fund manager and what was his track record etc...


Kisah benar.  After investing for 10 years (in between doing all the switching/top up) in unit trust, EPF dividends still beat the earnings you get from unit trust, so what is the point of buying unit trust.

Better put the money in your own pocket and manage it yourself.
Will not go wrong if buy those blue/light blue chips when there is a deep market correction.   

The fact is even the best run mutual funds will still lose money when the market plummets.

Do your own studies ????? A friend of mine who is an accountant/entrepreneur by  profession and who have invested heavily in unit trusts also incurred huge paper losses.   The prospectus is too technical for every tom, **** and harry to understand. 

The management fee that we need to pay is for them to do the research and analysis or else why buy unit trusts.  Why go through a middle man when you can buy straight from the market. 
Title: Re: Lost money in unit trust....
Post by: mark1970 on February 16, 2012, 01:18:21 AM
Kisah benar.  After investing for 10 years (in between doing all the switching/top up) in unit trust, EPF dividends still beat the earnings you get from unit trust, so what is the point of buying unit trust.

Better put the money in your own pocket and manage it yourself.
Will not go wrong if buy those blue/light blue chips when there is a deep market correction.   

The fact is even the best run mutual funds will still lose money when the market plummets.

Do your own studies ????? A friend of mine who is an accountant/entrepreneur by  profession and who have invested heavily in unit trusts also incurred huge paper losses.   The prospectus is too technical for every tom, **** and harry to understand. 

The management fee that we need to pay is for them to do the research and analysis or else why buy unit trusts.  Why go through a middle man when you can buy straight from the market. 

Corporate finance world is too technical for a typical accountant or entrepreneur, especially these people do not have the time to analyse it. When I say do your own study, I mean study the background of the FUND MANAGER (not the fund name), his track record. Just like in football, Mourinho managed to prove that any football club that he manages has a high chance of winning the title.

Nowadays, there are too many new funds coming out and are mostly managed by young fund managers. Hence investors need to be selective and choose the right fund managed by the right people. In fact anyone can be a fund manager... just buy and sell. Whether you can maximise return during bull market and minimise losses during bear market is the key.

I am not sure which fund you bought that after 10 years of investing, the return is less than EPF dividends. EPF dividend is around 4-5% per annum regardless bull or bear market. 10 years = 50% return only?

If you think you can do better job than a fund manager, then give it a try. Remember it's not about the performance of 1 or 2 winning share you bought, it's about your whole portfolio in the equity market. Btw, deep market correction doesn't come every year... so you don't have the luxury time to wait and only to buy during deep correction as you the fund manager needs to deliver returns every year.
Title: Re: Lost money in unit trust....
Post by: KLSE LOSSER on February 16, 2012, 01:56:34 AM
Buy bond fund instead, my bond gimme abt 10% return in last year, still better than the stupix EPF. My another worst bond fund return is abt 4%, still better than FD.
Not all funds in public mutual is bad, and my current lost in far east alpha fund is abt 20%, but my local market funds are in positive return now.
Title: Re: Lost money in unit trust....
Post by: jais on February 20, 2012, 03:41:40 PM
any good one to recommend?
Title: Re: Lost money in unit trust....
Post by: stockraider on February 20, 2012, 03:46:45 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


What to do ? It just that the fund cannot perform loh....!!!
It does not recover....bcos the fund manager....did not expose to the right stock or hold too much cash loh.....!!!
Title: Re: Lost money in unit trust....
Post by: Ah Fatt Gor on February 20, 2012, 03:51:19 PM
Don't say mutual fund coned you. you never do your homework and believed whatever their
sell pitch. In fact 95% of the world mutual funds also lose $$. Just look at funds in UK & USA,
all the pensioners lose their life savings. Why u trust mutual fund ? Our guru Robert Kiyosaki
already warned in his book back in 1998. U guys never read his book kah???
Title: Re: Lost money in unit trust....
Post by: stockraider on February 20, 2012, 04:00:19 PM
If all of you have faith in yourself..........
should consider this......

PHILIP CAPITAL MANAGEMENT........

can use epf witdrawal(like UT) account 1 to play share.......(1st withdrawal min RM 10K)
is a long term game........ no worries......
high risk counters tagged under PN17,GN3,high gearing,3 year losses....restricted to buy(so a bit safe for itchy hands)
price going south.... still can average down....
the cycle of share.... whatever going down will one day go up!!!!
age below 45 is consider "never too late".....
i also start 2010..... so far so good.... :thumbsup: :thumbsup: :thumbsup:
my syndicate frens sifu.....
7 years ago.... starting with RM 150K......(after few withdrawal....)
now more than RM 1 million.....
my idol......

P/S: me just sharing...... don't blame me if u make loss.... 8) 8) 8) 8) 8)



Too outperform using EPF funds u must achieve at least 9% return pa mah....!!
EPF opportunity return                                                             6.00% pa
management fees charge by Philip capital                                    2.50% pa
Total basic cost                                                                     8.50 % pa
add cost of risk                                                                       0.50% pa
Total cost                                                                            9.00% pa     

If u borrow from margin about 6.6% pa only mah....?!!!                                     
Title: Re: Lost money in unit trust....
Post by: kparam77 on February 20, 2012, 08:08:31 PM
Just want to share....

I start invest from EPF since 11/07.... local funds or has exporsure 30% IN oversea.

and my last withdrawal was in 11/11/11.

total invested abt RM78,385

current value as at today...RM100,420. it was down to RM90,000 a few months back and recover recently.

average return is abt 7% per year. still consider ok after deduct the 3% of service charge + others charges/fees. and  no switching until now.


100420 - 78385 = 22035
22035/78385 x 100 = 28%

for 4 yrs = 28% /4 =7%

Epf everage 5-6% only. i still hv more than 10 yrs to get more profits than epf  since my epf investment already has break evens. planning to maintain my stop loss at RM100K and will switch to bond, and switch back to equity when the market recover.

UT is for medium to long term. not for short term. if u guys want to make money in short term, better go to direct stok. not in the UT.

another thing is, dont buy when to unit price is so higher than IPO. for exmaple if the ipo is RM0.25, dont buy it whent the price is RM0.35. u may face big lost if market collapse and it may take toooo looong time to recover.

educate abt the UT concept first. study the pros and cons. dont follow the emotion and dont follow the fredns. the frend may buy it at low price and  make money. but if u buy the same unit for higher price, u may not get the same waht ur frend get.

timing is very important to enter. buy low sell high to make profit. dont buy high sell low, make lost and blame the company.

of cource the SC is high. 5.5% for cash  and 3% for epf scheme. and also management/trustee fee.

i also pay the SC and all others charges. how come im getting profits now?
its all abt how the investor manage themself.

as a investor, shud know abt risk management too. dont depend on agents/fund managers only.

read the prospectus too. many investor never read the prospectus. just hantam and blame agents and company.

DONT BUY THE PRODUCT WHICH U DONT UNDERSTAND.

if u want to invest in fund A.
Read,
1. the fund objective. r u realy happy with objective?, yes, u may consider Fund A.
2. The fund risk factor. is ur personal risk factor same with this fund risk factor? No, dont consider this fund.

PUBLIC MUTUAL NEVER CHEAT THEIR CLIENTS. CLIENTS ARE ADVICE TO READ AND UNDERSTAND THE PROPECTUS. IF THEY INVEST WITHOUT READ IT AND MAKE LOST. WHO TO BLAME?

IF THEY READ AND MAKE LOST, THE INVESTORS SHUD KNOW WAHT THEY HV TO DO BECAUSE THEY UNDERSTAND ABT UT.

HAPPY INVESTING IN UT.
Title: Re: Lost money in unit trust....
Post by: kparam77 on February 20, 2012, 08:22:07 PM
any good one to recommend?

there is no good and and no bad. if bad, the fund already closed.

u hv to read the funds pospectus, if u feel ok with the prospectus, u can go for it. if not, dont buy it.

yesterday good fund may bad for tommorrow.
yesterday bad fund may good for tommorrow.

its all abt how u  manage  ur portfolio and make profit.
BETTER DONT FOLLOW THE RECOMMENDATION.

suggetion only... LOCAL FUNDS.

But now is not good time to enter local equity funds. better wait for GE. KLCI 1500++. it may go down during/after GE. so can fish for cheaper unit price.

my 2 cents only.
Title: Re: Lost money in unit trust....
Post by: SPECULATOR on February 20, 2012, 09:04:32 PM
oledi transfer back all my mutual fund back tu EPF...
6% maaa EPF.. heheh... mutual only give benefit to the dealer..
just earn 1K + after 4 years @ only rm30K acc.1
aiyahhhh... lugi wa wooooo
Title: Re: Lost money in unit trust....
Post by: Mad_Bird on February 21, 2012, 02:26:24 AM
You can always switch to CWA.
Title: Re: Lost money in unit trust....
Post by: AngryBird on February 21, 2012, 02:44:44 AM
aiya buy warren buffet's fund... sure untung money  :D :D :D
Title: Re: Lost money in unit trust....
Post by: Mad_Bird on February 21, 2012, 03:05:47 AM
aiya buy warren buffet's fund... sure untung money  :D :D :D

Hokkien ppl say, "Teng kor zhao" in English "Drop pants run"
Title: Re: Lost money in unit trust....
Post by: KL TONY on February 21, 2012, 06:45:01 AM
you better  punt  warrant  :thumbsup:
Title: Re: Lost money in unit trust....
Post by: iiinvestsmart on February 21, 2012, 06:46:16 AM
5 Reasons why Mutual Funds fail

http://www.youtube.com/watch?v=HzbMbt995Fo&feature=related
Title: Re: Lost money in unit trust....
Post by: USuck on February 21, 2012, 07:55:08 AM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


Fund is like stock, don't buy when the stock market is at its peak. That's why I've been advising people not to buy mutual fund last year.

That's what happened in 2008. Those who bought in 2008 lost a lots of money. Those who bought in 2009 made 100% in a few months. Just like the stock market.
Title: Re: Lost money in unit trust....
Post by: TanVT on February 21, 2012, 07:57:16 AM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


EVERY INVESTMENT HAS ITS OWN RISK, YOU ARE CANNOT BEAR THE RISK, BETTER DONT INVEST
Title: Re: Lost money in unit trust....
Post by: GoDL!kE on February 21, 2012, 02:16:36 PM
Was working in local fund house b4, really depends on which fund manager managing ur fund, if fund manager is good then can help u earn money, or else, plz pray for miracle. Another factor is the market situation & where the fund is invested, even u see now the stock market is recovering, if ur fund invests heavily in Shanghai B Shares also u die lo...
Title: Re: Lost money in unit trust....
Post by: mark1970 on February 21, 2012, 04:11:03 PM
Was working in local fund house b4, really depends on which fund manager managing ur fund, if fund manager is good then can help u earn money, or else, plz pray for miracle. Another factor is the market situation & where the fund is invested, even u see now the stock market is recovering, if ur fund invests heavily in Shanghai B Shares also u die lo...

U are right. Using Formula One as a metaphor, fund managers are just like F1 drivers. Fund house (including research team) is the F1 cars/team (including support team).

You need both good cars and good driver to win.

When it comes to making money regardless in business or UT, stocks or property investment, there is no shortcut. You have to put an effort in it.
Title: Re: Lost money in unit trust....
Post by: sangkancil on February 21, 2012, 08:10:15 PM
Was working in local fund house b4, really depends on which fund manager managing ur fund, if fund manager is good then can help u earn money, or else, plz pray for miracle. Another factor is the market situation & where the fund is invested, even u see now the stock market is recovering, if ur fund invests heavily in Shanghai B Shares also u die lo...

haha...very hard to choose fund manager in malaysia.. as all also not famous...and no book/place to publish the sucessful fund manager.. the awards only stated which fund win... but not the name of the fund manager... good fund manager is always head hunted n change jobs...

so i felt its very hard to choose a good fund
Title: Re: Lost money in unit trust....
Post by: sangkancil on February 21, 2012, 08:11:56 PM
mostly good fund manager edi head hunted to singapore n HK...
Title: Re: Lost money in unit trust....
Post by: ringgityen on February 21, 2012, 08:20:55 PM
Well, i agree with Godlike. Its all depend on fund manager. Not all fund manager at Public mutual good. i think the safest way is to buy a well established fund with good track record only like PGF, PIF etc, rather than newly launched, and fund with not more than 40% exposure in oversea market as i believe they are also like us, more knowledgeable in local rather than unknown oversea market.
Title: Re: Lost money in unit trust....
Post by: sangkancil on February 21, 2012, 08:22:46 PM
Well, i agree with Godlike. Its all depend on fund manager. Not all fund manager at Public mutual good. i think the safest way is to buy a well established fund with good track record only like PGF, PIF etc, rather than newly launched, and fund with not more than 40% exposure in oversea market as i believe they are also like us, more knowledgeable in local rather than unknown oversea market.

agree with u also,,,
Title: Re: Lost money in unit trust....
Post by: TanVT on February 21, 2012, 11:37:38 PM
Why not buy from Mutual funds?

a. Fund managers do have KPIs:- 1st. to their own bosses, 2nd to their public.

Any buy or sell, must have some "supporting".
So who are the ppl who provides the "supporting"?

Those so-called analyst in town who will cover only HOT & blue chips stocks.

So fund mgr based on this to make their decision, if market goes up, they take the credit, if market goes down their blame the market and it's not their fault, cause the whole market is down mahhhh
Title: Re: Lost money in unit trust....
Post by: KLSE LOSSER on March 06, 2012, 11:48:48 PM
any good one to recommend?
Maybe u can try Public Public Sukuk Fund,  3% return since 8/8/2011 till now... better than FD...
Title: Re: Lost money in unit trust....
Post by: TerenceNg on August 26, 2012, 10:29:55 PM

Generally, 9 out of 10 lost their $ in unit trust. Let's say you take your EPF to buy and park it there for 10 years, when compared, EPF still pays higher dividend.  Kisah benar from a close relative who invested in Public Mutual and has since withdrawn.

Their fund managers are very very highly paid.   


I am a unit tust consultant supervising 400 clients. Among the 400, close to 300 are EPF investors. 260 out of 300 of them are making profit, and the remaining 40 is still making a loss as they just started less than 2 years and they are still breaking even the service charges.

I am very curious of your sample size of 9 out of 10. Please don't disseminate irresponsible figures and confuse the public.

One more point to add on is, people who are losing money in unit trust are those who treat unit trust as share trading. they simply don't stay long enough (5 years and more) to witness the true 10% p.a. return.
Title: Re: Lost money in unit trust....
Post by: kittima on August 26, 2012, 10:50:41 PM

I am a unit tust consultant supervising 400 clients. Among the 400, close to 300 are EPF investors. 260 out of 300 of them are making profit, and the remaining 40 is still making a loss as they just started less than 2 years and they are still breaking even the service charges.

I am very curious of your sample size of 9 out of 10. Please don't disseminate irresponsible figures and confuse the public.

One more point to add on is, people who are losing money in unit trust are those who treat unit trust as share trading. they simply don't stay long enough (5 years and more) to witness the true 10% p.a. return.

For those using EPF to invest unit trust, ok, if you see your unit trust is making profit, don't be so happy quite early, it is your unit trust need to be have at least 8% annual return to worth your investment, why? 3% is charge by unit trust for EPF investment option and EPF generally can provide about 5% return.
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 10:52:10 PM
For those using EPF to invest unit trust, ok, if you see your unit trust is making profit, don't be so happy quite early, it is your unit trust need to be have at least 8% annual return to worth your investment, why? 3% is charge by unit trust for EPF investment option and EPF generally can provide about 5% return.


kittima why you never tell me earlier
 :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'(
saya sulah bungkus leow
Title: Re: Lost money in unit trust....
Post by: Accerd on August 26, 2012, 10:56:33 PM
Kittima, you jangan cut people punya mangkuk....Sangat cham punya and somemore people type 2 pages sales speech tau tak....you sangat sui punya.
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:01:43 PM
Kittima, you jangan cut people punya mangkuk....Sangat cham punya and somemore people type 2 pages sales speech tau tak....you sangat sui punya.

kattima is trying to help me , he is only trying to create a awarness
to me kattima is doing a great job
otherwise I could have been in deeper shiiiiit
for the time being I oreli lost a proton preveee on this Units trust
I dont think there is any chance to recover
Title: Re: Lost money in unit trust....
Post by: Accerd on August 26, 2012, 11:04:18 PM
kattima is trying to help me , he is only trying to create a awarness
to me kattima is doing a great job
otherwise I could have been in deeper shiiiiit
for the time being I oreli lost a proton preveee on this Units trust
I dont think there is any chance to recover

I help you Terence.... He would says.... ya lo, you buy from the wrong bank mah...if you have bought MAA, you would have Huat sampai hidung berdarah loh....aiyoh come buy my unit trust...sure huat one. I guarantee you.
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:06:41 PM
I help you Terence.... He would says.... ya lo, you buy from the wrong bank mah...if you have bought MAA, you would have Huat sampai hidung berdarah loh....aiyoh come buy my unit trust...sure huat one. I guarantee you.

MAA what is that , i bot Ban Hin Lee  now CIMB and so many other trust
all useless one eg like this Asean Units trust , china , asia , europe lah
semua tak boleh pakai
Title: Re: Lost money in unit trust....
Post by: Accerd on August 26, 2012, 11:07:39 PM
Ok I heard from friend friend friend ahhhh, now ah those student that mungkin tak boleh pass one ahhh, they give them special class/tuition ohhh. But actually ahh, they are giving them tips what will be coming out in the exam and hoping these students ahh will study based on the tips lah.

Else manyak sudah gagal and stay another 1 or 2 years liao.
Title: Re: Lost money in unit trust....
Post by: Accerd on August 26, 2012, 11:08:32 PM
Ok I heard from friend friend friend ahhhh, now ah those student that mungkin tak boleh pass one ahhh, they give them special class/tuition ohhh. But actually ahh, they are giving them tips what will be coming out in the exam and hoping these students ahh will study based on the tips lah.

Else manyak sudah gagal and stay another 1 or 2 years liao.

Aiyoh see I so #####...wrong thread liao...siao ohhh. Soli Soli
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:09:27 PM
Ok I heard from friend friend friend ahhhh, now ah those student that mungkin tak boleh pass one ahhh, they give them special class/tuition ohhh. But actually ahh, they are giving them tips what will be coming out in the exam and hoping these students ahh will study based on the tips lah.

Else manyak sudah gagal and stay another 1 or 2 years liao.

eh what r u talking, we r talking abt unit trust lah
hai yah  how can the cow head fit the horse mouth

 :D :D :D :D :D :D :D :D :D :D :D
Title: Re: Lost money in unit trust....
Post by: Accerd on August 26, 2012, 11:12:44 PM
eh what r u talking, we r talking abt unit trust lah
hai yah  how can the cow head fit the horse mouth

 :D :D :D :D :D :D :D :D :D :D :D

Bagi lu kepala pusingsikit baru boleh help Terence...kena pusing pusing itu kepala, then easy to bait you mah.
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:14:58 PM
Aiyoh see I so #####...wrong thread liao...siao ohhh. Soli Soli

u bukan seow manyak sampat also
 :D :D :D :D :D :D :D :D :D :D :D
you also kasi gua tau hong leow
i read and read and read also dont know aht u trying to said
finally i jes had to say the cow head dont fit the horse mouth


 :D :D :D :D :D :D :D :D :D :D :D
Title: Re: Lost money in unit trust....
Post by: kittima on August 26, 2012, 11:33:27 PM
MAA what is that , i bot Ban Hin Lee  now CIMB and so many other trust
all useless one eg like this Asean Units trust , china , asia , europe lah
semua tak boleh pakai

Ini ikan mahu tipu lagi, EPF hanya boleh Beli local fund, itu ASEAN, China, Asia, Europe semua tak boleh beli pakai EPF.
Title: Re: Lost money in unit trust....
Post by: kittima on August 26, 2012, 11:36:16 PM
I help you Terence.... He would says.... ya lo, you buy from the wrong bank mah...if you have bought MAA, you would have Huat sampai hidung berdarah loh....aiyoh come buy my unit trust...sure huat one. I guarantee you.

I support beli unit trust dengan EPF kalau service charge reduce from 3% to 0.5%  :D
Title: Re: Lost money in unit trust....
Post by: richluck on August 26, 2012, 11:39:37 PM

I am a unit tust consultant supervising 400 clients. Among the 400, close to 300 are EPF investors. 260 out of 300 of them are making profit, and the remaining 40 is still making a loss as they just started less than 2 years and they are still breaking even the service charges.

I am very curious of your sample size of 9 out of 10. Please don't disseminate irresponsible figures and confuse the public.

One more point to add on is, people who are losing money in unit trust are those who treat unit trust as share trading. they simply don't stay long enough (5 years and more) to witness the true 10% p.a. return.


My relative stayed for 10 years and decided that EPF does a better job minus the stress.  He would have earned an extra of more than 10K+ of profit from EPF dividends if he didnt invest in unit trust.  To him, eventhough he did make money from that 10 years ut investment but compared to EPF dividends, he got more n so why bother invest in UT.  Just let EPF do the job.  

 
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:40:11 PM
Ini ikan mahu tipu lagi, EPF hanya boleh Beli local fund, itu ASEAN, China, Asia, Europe semua tak boleh beli pakai EPF.

EPF beli also mati
cash beli also mati
only itu ASN and bond ada untung sikit dividend maciam reit saja
tak ada tipu one
Title: Re: Lost money in unit trust....
Post by: ongchef on August 26, 2012, 11:48:37 PM
 :D :D :D.......manyaK seinzz.>zzZZZzz  :thumbsdown:........ :thumbsup:GOOD NO UNDERWEARS,no bocor!....tunggu dunggu HOOT&HAMTAM again!!!! :thumbsup:cash is king in kingdom :D :D :D
Title: Re: Lost money in unit trust....
Post by: richluck on August 26, 2012, 11:50:33 PM
EPF beli also mati
cash beli also mati
only itu ASN and bond ada untung sikit dividend maciam reit saja
tak ada tipu one

Betul ikan, i simpan dalam itu ASM dapat 6.5% n abv.  Beli itu public china fund (cannot remember which one already) also masuk longkang one.
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:51:14 PM
:D :D :D.......manyaK seinzz.>zzZZZzz  :thumbsdown:........ :thumbsup:GOOD NO UNDERWEARS,no bocor!....tunggu dunggu HOOT&HAMTAM again!!!! :thumbsup:cash is king in kingdom :D :D :D

eh your wife finally let u come out and go online
really pity you , but is good lah if not u whole day online
wasted all yr time

 :D :D :D :D :D :D :D :D :D :D :D :D
Title: Re: Lost money in unit trust....
Post by: ongchef on August 26, 2012, 11:52:21 PM
Hokkien ppl say, "Teng kor zhao" in English "Drop pants run"
:D :D :D.........bor teh kor, bor dai chi,mang mang lai!!! :thumbsup: :D :D
Title: Re: Lost money in unit trust....
Post by: Accerd on August 26, 2012, 11:53:52 PM
eh your wife finally let u come out and go online
really pity you , but is good lah if not u whole day online
wasted all yr time

 :D :D :D :D :D :D :D :D :D :D :D :D

Dia pm me that dia culi culi dia punya anak ipad and go online one....Computer dia sulah masuk ke dalam jamban already lah.
Title: Re: Lost money in unit trust....
Post by: ongchef on August 26, 2012, 11:55:12 PM
eh your wife finally let u come out and go online
really pity you , but is good lah if not u whole day online
wasted all yr time

 :D :D :D :D :D :D :D :D :D :D :D :D
:D :D :D.......gf waiting next round :D :D :D
Title: Re: Lost money in unit trust....
Post by: ikan besar on August 26, 2012, 11:56:41 PM
:D :D :D.......gf waiting next round :D :D :D

you lagi boleh meh
sulah lau kok kok , apa lu makan
sure wont ****** nanti

 :D :D :D :D :D :D :D :D :D :D :D :D :D
Title: Re: Lost money in unit trust....
Post by: DALI on August 26, 2012, 11:57:20 PM
#~  snail phased  unit  trust ,,,better punt penny + warrant  :cash:
Title: Re: Lost money in unit trust....
Post by: richluck on August 26, 2012, 11:59:23 PM
#~  snail phased  unit  trust ,,,better punt penny + warrant  :cash:


 :clap: :clap: :cash: :cash:
Title: Re: Lost money in unit trust....
Post by: ongchef on August 26, 2012, 11:59:32 PM
 :D :D :D....no ********,slow slow tunggu HOOT&HAMTAM lar.....bu yau luang luang lai,pasar malam many underwears!!! :D :D :D
Title: Re: Lost money in unit trust....
Post by: Accerd on August 27, 2012, 12:00:37 AM
you lagi boleh meh
sulah lau kok kok , apa lu makan
sure wont ****** nanti

 :D :D :D :D :D :D :D :D :D :D :D :D :D

Dia tengok "Gangnam Style" MTV 100 kali till itu berdiri loh...those korean dancers manyak cun mah.
Title: Re: Lost money in unit trust....
Post by: ongchef on August 27, 2012, 12:02:44 AM
you lagi boleh meh
sulah lau kok kok , apa lu makan
sure wont ****** nanti

 :D :D :D :D :D :D :D :D :D :D :D :D :D
:D :D :D.....lu macam sex raider lar,where got margin of sexy wan,with bullet holes underwears!!! :D :D :D
Title: Re: Lost money in unit trust....
Post by: ongchef on August 27, 2012, 12:08:07 AM
 :D :D :D.......nothin short n siok to play n song lar!!!.......... GUNUNGS busat atas DE" ATinG :thumbsup: :D :D :D
Title: Re: Lost money in unit trust....
Post by: Trade@58 on August 27, 2012, 07:20:48 AM
Actually UT can make $$. I hv started since 1996 only via EPF. But can make even more if allowed to switch in & out freely. BUT since 2011 July, Public Mutual imposed crazy rates of 0.75% per transfer if switches in/out of funds <90days. They already made upfront exorbitant service fees and now on transfer fees. With this new penalty, before unit holders make, PM already smiling to the bank. How can we wait for 90 days before doing switching when market is volatile? If just keep on equity funds, can even lose one's pants if market just collapses, and this is why most are unable to recover if invested in funds like those China funds. My experience. I hope PM can revert back to the old system. However from PM's remarks, VERY unlikely as they said "PM is big now..............". See??????????
Title: Re: Lost money in unit trust....
Post by: TerenceNg on August 27, 2012, 11:15:57 PM
For those using EPF to invest unit trust, ok, if you see your unit trust is making profit, don't be so happy quite early, it is your unit trust need to be have at least 8% annual return to worth your investment, why? 3% is charge by unit trust for EPF investment option and EPF generally can provide about 5% return.



Well not a true statement here.

The 3% service charge is only incurred ONCE during entry time. It is not right to use this to offset the annual return.

For instance, if your return is 8% p.a. in the past 5 years. Your total return would still be 46.9% - 3% = 43.9%.

However it is true that there is a 1.5% annual management fees incurred in UT. The 10% p.a. return (if stays for more than 5 years) mentioned above is already inclusive of the management fees.
Title: Re: Lost money in unit trust....
Post by: TerenceNg on August 27, 2012, 11:22:11 PM
kittima why you never tell me earlier
 :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'(
saya sulah bungkus leow


Well the statement is not founded. The 8-10% p.a. return is net of all service charges and annual fees.

If unit trust is so unreliable, the Government won't roll out PRS (Private Retirement Scheme) which is again private retirement scheme using unit trust. If Unit Trust is cheating the public, it would be long banned by Bank Negara, rather than existing around since 1960.

Title: Re: Lost money in unit trust....
Post by: ikan besar on August 27, 2012, 11:26:08 PM
Well the statement is not founded. The 8-10% p.a. return is net of all service charges and annual fees.
If unit trust is so unreliable, the Government won't roll out PRS (Private Retirement Scheme) which is again private retirement scheme using unit trust. If Unit Trust is cheating the public, it would be long banned by Bank Negara, rather than existing around since 1960.

since mutual fund alway cheat us so from now on we
must cheat them back , but how to cheat them
come come give some idea
sure ada jalan punya
Title: Re: Lost money in unit trust....
Post by: TerenceNg on August 28, 2012, 12:04:59 AM
eh what r u talking, we r talking abt unit trust lah
hai yah  how can the cow head fit the horse mouth

 :D :D :D :D :D :D :D :D :D :D :D

This is a concern over the quality of unit trust consultants.

FIMM (Federation of Investment Managers Malaysia) is working on improving the quality by introducing CPD (Continuing Professional Development) points system. The consultants are required to attend at least 20 hours of improvement courses every year in order to maintain their license. Probably in near future only full time consultants are allowed in this field, and subsequently all consultants are required to equip with CFP (Certified Financial Planner) qualification.

The rules are tightening now. I totally understand your concern.
Title: Re: Lost money in unit trust....
Post by: TerenceNg on August 28, 2012, 12:23:36 AM
I help you Terence.... He would says.... ya lo, you buy from the wrong bank mah...if you have bought MAA, you would have Huat sampai hidung berdarah loh....aiyoh come buy my unit trust...sure huat one. I guarantee you.


Well thanks for your "kind offer" to help.

I would never condemn any other unit trust company because I simply don't have their past track record figures to comment on. You may let us know your detailed investment history (past transaction statement which records all buy-sell, switchings and etc) and I can offer my advice here.

My offer for you is: you can transfer your losing UT investment over to my supervision and I offer you zero service charge (i.e. adviser making zero comission plus company absorbing admin charges). I.e. if your current loss is 30%, I will help you to recover from -30% mark without charging you a cent.

Again, you will think this is sales talk. I am doing this out of good will, hoping that you will stay with me in future after you make profit again.
Title: Re: Lost money in unit trust....
Post by: VKM on February 07, 2014, 03:24:04 PM
Well, I have trained unit trust agents for more than 10 years, I always ask them to do proper risk profiling not just push products. I have found this misperceptions by investors that funds are cheating them. No such thing, the problem is many did not have agents who explained fund selection methodology, they simply did not understand what they are buying.
Title: Re: Lost money in unit trust....
Post by: ikan besar on February 08, 2014, 02:33:01 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


my unit trust lost 40% , that it no more units trust
scare to death
Title: Re: Lost money in unit trust....
Post by: Richard188 on February 08, 2014, 02:47:06 PM
my unit trust lost 40% , that it no more units trust
scare to death

You Ikan never Learn, easy to get CON. This unit trust is old fashion. Better Put All  Money in UMWOG.
Title: Re: Lost money in unit trust....
Post by: iiinvestsmart on February 08, 2014, 03:58:55 PM
 A mutual fund is a temporary alternative while you prepare to do your own investing.

While mutual funds appear to address some of your investment issues, you pay a substantial premium.

You should realize a better return on your investment dollars by doing it yourself.  :thumbsup:

Itís not a bad investment; itís just that you can do better.   :cash: :thumbsup:






Title: Re: Lost money in unit trust....
Post by: rite_brain on February 08, 2014, 04:04:00 PM
my unit trust lost 40% , that it no more units trust
scare to death

I thought u r investor,
how come u r into unit trust?
the salesperson very attractive/sexy?  :)
Title: Re: Lost money in unit trust....
Post by: rite_brain on February 08, 2014, 04:08:59 PM
You Ikan never Learn, easy to get CON. This unit trust is old fashion. Better Put All  Money in UMWOG.

I hv done that,
but not all my money,
just 60% of my money of selling PCHEM into UMWOG,
bought @ 3.06, now 4.43 in 3 months!
really no regret, really don't need unit trust  :)
Title: Re: Lost money in unit trust....
Post by: Richard188 on February 08, 2014, 04:09:13 PM
I thought u r investor,
how come u r into unit trust?
the salesperson very attractive/sexy?  :)

wow, sexy girl.  ;) ;) ;)  
Title: Re: Lost money in unit trust....
Post by: rite_brain on February 08, 2014, 04:12:59 PM
wow, sexy girl.  ;) ;) ;)  

sexy unit trust sales gal: buy la, ikan gor-gor, buy la...

ikan besar: ok, ok, where to sign? on your skirt?

 :)
Title: Re: Lost money in unit trust....
Post by: Lotus48 on February 08, 2014, 04:32:40 PM

Generally, 9 out of 10 lost their $ in unit trust. Let's say you take your EPF to buy and park it there for 10 years, when compared, EPF still pays higher dividend.  Kisah benar from a close relative who invested in Public Mutual and has since withdrawn.

Their fund managers are very very highly paid.   

Plse analyse why you lose money in unit trust, i think there is 3 main factors

1. high management fees, you are already 5 to 8% down when u purchase unit trust

2. unit trust works like share market, when market is high and good, index at record high, your purchase price is high too (for existing unit trust), when market down, your share down too.

3. type of unit trust investment, high growth, emerging market share, bonds or currency etc. high risk high return. read the prospectus and track record before investing
Title: Re: Lost money in unit trust....
Post by: Dorky on February 08, 2014, 04:43:51 PM
Someone from the unit trust claimed himself as a fund manager "managing" over 6 millions.
A true fund manager managing over 6 millions would be a lousy fund manager.
Later I learned anyone having sold unit trusts to customers are deemed a fund manager in the unit trust industry.
These people are no fund manager.
A fund manager does not participate in selling unit trust.
A fund manager participates in rigorous fundamental analysis, economic analysis, portfolio management (the real stuff, not simply having a few customers in your name is to be considered), etc.
Title: Re: Lost money in unit trust....
Post by: Twim on February 08, 2014, 04:50:24 PM
sexy unit trust sales gal: aiya, lei hou sui ker lek, no sign on my skirt, sign on my sheer panty okay...

ikan besar: walao, like that also can ah? Okay okay...

ikan besar proceed to sign on the sheer panty of a 60 years old auntie.
:thumbsup: :thumbsup: :thumbsup:
And then lose money fr epf bcos of the unit trust under the madoff scheme...call the aunty but a man answers n scolds mr ikan besar...poor ikan besar retire already but got less epf leow. Luckily umwog make up for the loses fr panty signing...chan koo see translation "kisah benar".
Title: Re: Lost money in unit trust....
Post by: iiinvestsmart on February 08, 2014, 05:27:44 PM
Someone from the unit trust claimed himself as a fund manager "managing" over 6 millions.
A true fund manager managing over 6 millions would be a lousy fund manager.
Later I learned anyone having sold unit trusts to customers are deemed a fund manager in the unit trust industry.
These people are no fund manager.
A fund manager does not participate in selling unit trust.
A fund manager participates in rigorous fundamental analysis, economic analysis, portfolio management (the real stuff, not simply having a few customers in your name is to be considered), etc.


I have seen the career of a young man developing in this industry.
He has risen to the manager level.
His role is in teaching and educating the people who are going to sell these unit trusts.
These people who sell these unit trusts then has to implement these knowledge into practice.
Title: Re: Lost money in unit trust....
Post by: ikan besar on February 08, 2014, 05:42:38 PM
sexy unit trust sales gal: buy la, ikan gor-gor, buy la...

ikan besar: ok, ok, where to sign? on your skirt?

 :)


 :giggle: :giggle: :giggle: :giggle: :giggle: :giggle: :giggle: :giggle: :giggle:

no more unit trust

Title: Re: Lost money in unit trust....
Post by: Name Change on February 08, 2014, 05:45:08 PM
sexy unit trust sales gal: aiya, lei hou sui ker lek, no sign on my skirt, sign on my sheer panty okay...

ikan besar: walao, like that also can ah? Okay okay...

ikan besar proceed to sign on the sheer panty of a 60 80 ++ years old auntie.
Title: Re: Lost money in unit trust....
Post by: ikan besar on February 08, 2014, 05:48:18 PM



 :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D

many jealous Ah Pek

dont lah be like this

sharing is caring  , jangan sikit sikit marah
Title: Re: Lost money in unit trust....
Post by: Valuechaser on February 08, 2014, 06:04:46 PM
Balang ini manyak tipu,
once u bot it, all your cash stuck.

Better use hard earn money to buy some consumer stock....
and keep for long term.
If bot those diver c fried  Unit trust, mostly kena con,,,,
Title: Re: Lost money in unit trust....
Post by: cashflow technology on February 08, 2014, 06:26:20 PM
Balang ini manyak tipu,
once u bot it, all your cash stuck.

Better use hard earn money to buy some consumer stock....
and keep for long term.
If bot those diver c fried  Unit trust, mostly kena con,,,,

I concur 100%. Unit trust sucks. :thumbsdown:
Title: Re: Lost money in unit trust....
Post by: rob2001al2001 on June 09, 2014, 06:49:05 PM
I had my fair share of stupid investments with PM. Did the so called cost averaging, for the last 4 years...also with far east and china funds... at the end of 6 year its all paper lost., nearly 30k.  :sweat:
Title: Re: Lost money in unit trust....
Post by: rob2001al2001 on June 09, 2014, 06:52:23 PM
one find day when I just stroll in the public mutual office and asked the lady at the counter, she gave me that sneeky smile... saying ' many ppl has since left the PM, and gone back to epf' .Hmmm...
Title: Re: Lost money in unit trust....
Post by: KLSE LOSSER on June 09, 2014, 09:15:59 PM
Pm china and fareast fund are not doing well in past few years... recommend u go or switch to local market funds.. at least u know wat is happening in market... and how the performance compare to our klci...
So far my pm unit trust is doing ok ok.
Title: Re: Lost money in unit trust....
Post by: onghinghuat on July 30, 2014, 05:59:51 PM
100% agreed Public Bank Unit Trust Agent **** :thumbsdown:
Title: Re: Lost money in unit trust....
Post by: onghinghuat on July 30, 2014, 06:01:23 PM
unit trust consultant just want  :thumbsdown:commission
Title: Re: Lost money in unit trust....
Post by: jeff_limsy on December 17, 2014, 09:47:01 AM
Hi all you there, Just for your infomation only, You need to be carefully especially MAAKL MUTUAL BERHAD (MANULIFE). They (UTC) were allowed to practise switch between funds to collect the dividend. When dividend collected then switching to other fund to collect the dividend so the dividend payout of a fund will dilute the fund price (switching will cost the investors).

FIMM also said it is allowed as it will avoid the timing risk. I am really speechless and I think they have lacked at all.

They (UTC) also recommended anyone buying "unapproved product". You will be the next victim so.. FIMM, Securities commission and MAAKL MUTUAL BERHAD (MANULIFE) said not responsible at all. SO Carefully ya.. OK


 :thumbsdown: :thumbsdown: :thumbsdown: :thumbsdown: :thumbsdown: :thumbsdown:
Title: Re: Lost money in unit trust....
Post by: situations_special on December 17, 2014, 11:59:25 AM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


Malaysia unit trust fund manager has no standard in investing strategy. Be careful.

I have all my retirement fund invested with JP Morgan, Goldman Sachs in Hong Kong. Good performance compare to all local funds. ;)
Title: Re: Lost money in unit trust....
Post by: DR KIM on December 17, 2014, 12:00:56 PM
I concur 100%. Unit trust sucks. :thumbsdown:

 :D :D :D :D ;) :D
Title: Re: Lost money in unit trust....
Post by: king on December 17, 2014, 12:03:34 PM
Malaysia unit trust fund manager has no standard in investing strategy. Be careful.

I have all my retirement fund invested with JP Morgan, Goldman Sachs in Hong Kong. Good performance compare to all local funds. ;)



ORANG PUTIH TADA TIPU ??
Title: Re: Lost money in unit trust....
Post by: iiinvestsmart on December 17, 2014, 12:04:29 PM
Malaysia unit trust fund manager has no standard in investing strategy. Be careful.

I have all my retirement fund invested with JP Morgan, Goldman Sachs in Hong Kong. Good performance compare to all local funds. ;)



 :D
Title: Re: Lost money in unit trust....
Post by: rob2001al2001 on September 30, 2015, 05:35:00 PM
Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.
Title: Re: Lost money in unit trust....
Post by: king on September 30, 2015, 05:40:02 PM
Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.

TRUST YOURSELF BETTER, BRO
Title: Re: Lost money in unit trust....
Post by: Richard188 on September 30, 2015, 05:46:24 PM
Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.

WHICH FUNDS ?

PUBLIC far-east balanced funds ? 
Title: Re: Lost money in unit trust....
Post by: boyish - boyboy on September 30, 2015, 05:59:46 PM
I won money from these funds....>

1. Public Index Fund - Good
2. Public Growth Fund - Good
3. Public Industry Fund - OK
4. Public Saving Fund - Good

All also win big money and I just sit down and goyang kaki....

 :D :D :D

Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.
Title: Re: Lost money in unit trust....
Post by: boyish - boyboy on September 30, 2015, 06:00:35 PM
My fund manager helps me to manage my money

 :D :D

I won money from these funds....>

1. Public Index Fund - Good
2. Public Growth Fund - Good
3. Public Industry Fund - OK
4. Public Saving Fund - Good

All also win big money and I just sit down and goyang kaki....

 :D :D :D
Title: Re: Lost money in unit trust....
Post by: boyish - boyboy on September 30, 2015, 06:02:55 PM
Don't say like that and see the risk of the fund....

Some funds very stable one....
I put lot of money to Index fund.....

 :D :D


Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.
Title: Re: Lost money in unit trust....
Post by: master wahsing on September 30, 2015, 06:06:44 PM
buying unit trust fund, you need someone who can convert your less profitt fund to other more profit fund when there is chance.

so good unit trust consultant is needed when buying unit trust.

can not just wait for fund to grow!
Title: Re: Lost money in unit trust....
Post by: Oly Shyte on September 30, 2015, 06:09:03 PM
buying unit trust fund, you need someone who can convert your less profitt fund to other more profit fund when there is chance.

so good unit trust consultant is needed when buying unit trust.

can not just wait for fund to grow!
Unit trust? Junk investment!  :D
Title: Re: Lost money in unit trust....
Post by: boyish - boyboy on September 30, 2015, 06:11:08 PM
Far east fund is a new fund....

My funds bought from year 1998 and now managed by my own after take over from my father....
My father bought that time was...> KL Index Fund, KL Growth Fund, KL Industry Fund, KL Savings Fund....

More than 16 years my funds all earn money....sit down and eat money from KL mutual then Public Mutual

So don't just said Public Mutual con you money

 :) :) :)

WHICH FUNDS ?

PUBLIC far-east balanced funds ?
Title: Re: Lost money in unit trust....
Post by: master wahsing on September 30, 2015, 06:13:52 PM
you must not criticize unit trust..becos you do not know the inside of the game.
some good fund manager can make your fund profitable.!!
Title: Re: Lost money in unit trust....
Post by: boyish - boyboy on September 30, 2015, 06:16:55 PM
Correct my fund manager okay....
He helps many directors, senior managers, businessman who lack of time to watch share market to earn money....

 :)

you must not criticize unit trust..becos you do not know the inside of the game.
some good fund manager can make your fund profitable.!!
Title: Re: Lost money in unit trust....
Post by: kittima on September 30, 2015, 06:34:49 PM
Far east fund is a new fund....

My funds bought from year 1998 and now managed by my own after take over from my father....
My father bought that time was...> KL Index Fund, KL Growth Fund, KL Industry Fund, KL Savings Fund....

More than 16 years my funds all earn money....sit down and eat money from KL mutual then Public Mutual

So don't just said Public Mutual con you money

 :) :) :)

It is all about timing as well, if you have Public Bank, Nestle, GAB all those share since 1998 and didn't touch it until now, you will be goyang kaki, goyang tangan, goyang kepala, goyang seluruh badan....  :D
Title: Re: Lost money in unit trust....
Post by: Ļaughing Ģor on September 30, 2015, 06:38:41 PM
My advice is always follow Li Ka Shing.
The entire Hutchison whampoa group and cheung kong holdings pulling out of china and hk to invest in Europe, particularly U.K.
Therefore if you still put your money in far east, you are like throwing away you money.
If you can, follow Li Ka Shing and park your funds in England.
Don't tick kee, people doint become Asias richest man for no reason.
Title: Re: Lost money in unit trust....
Post by: kittima on September 30, 2015, 06:49:57 PM
My advice is always follow Li Ka Shing.
The entire Hutchison whampoa group and cheung kong holdings pulling out of china and hk to invest in Europe, particularly U.K.
Therefore if you still put your money in far east, you are like throwing away you money.
If you can, follow Li Ka Shing and park your funds in England.
Don't tick kee, people doint become Asias richest man for no reason.

For people with low net-worth like me have very less choice to put the fund in U.K. lo.......take out RM1k want to invest change change not even can get 200pound, how to invest in U.K. ley  :'(
Title: Re: Lost money in unit trust....
Post by: iiinvestsmart on September 30, 2015, 06:55:34 PM
It is all about timing as well, if you have Public Bank, Nestle, GAB all those share since 1998 and didn't touch it until now, you will be goyang kaki, goyang tangan, goyang kepala, goyang seluruh badan....  :D



Yes

 :thumbsup:
Title: Re: Lost money in unit trust....
Post by: Richard188 on September 30, 2015, 07:06:22 PM
Don't say like that and see the risk of the fund....

Some funds very stable one....
I put lot of money to Index fund.....

 :D :D

i also earn money from public far east dividend fund.  :clap: :clap: :thumbsup: :thumbsup: :cash: :cash: :cash: :cash:
Title: Re: Lost money in unit trust....
Post by: KLSE LOSSER on September 30, 2015, 11:40:53 PM
So far my local fund is doing good...im not dare to touch foreign fund... like my infdo select fund... die straight  straight
Title: Re: Lost money in unit trust....
Post by: The-Keyman on September 30, 2015, 11:48:22 PM
So R...I...P... to heard people lose their money at unit trust  :'(

So sorry to say that I didn't trust any unit trust because I have serviced " One of the Famous Trustee " firm before during Asian Financial Crisis

I know how they are darely to perform their duties....

You & me also can be " Fund Manager " or  " Traders "...

Your money must learn how to manage unless you are tycoon just " Deploy " the expert as your personal consultant to manage the wealth fund, otherwise like us, better trust yourself, learn yourself, explore yourself...

 :handshake:
Title: Re: Lost money in unit trust....
Post by: boyish - boyboy on October 01, 2015, 11:40:35 AM
You laugh --then your own EPF

 :D :D :D

Unit trust? Junk investment!  :D
Title: Re: Lost money in unit trust....
Post by: rollsroyce89 on April 20, 2016, 09:51:57 PM
Mutual Fund is safe. slow & steady..or sikit2 jadi bukit.
as good as EPF in the long term if U buy regularly
my rm2k parked at Pacific Mutual is now more than 7k,but my direct investment at KLSE hit almost zero many times.

That is why always know which fund you are purchasing. It's what we called "Confirm the fund at your own decision." Some funds lose money but people tend to challenge it. Some funds are stable for so many years, not everything has to be the fund manager's issue though.
Title: Re: Lost money in unit trust....
Post by: DR KIM on June 29, 2016, 12:50:39 AM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:

PRGGGHHHHHHHHH.....
why ask other to invest for  you , then worst still - making loss  :D :D ;)
Title: Re: Lost money in unit trust....
Post by: zigzag on June 29, 2016, 01:04:04 AM
PRGGGHHHHHHHHH.....
why ask other to invest for  you , then worst still - making loss  :D :D ;)

DR KIM mid night also laughing at ppl  :speechless:
Title: Re: Lost money in unit trust....
Post by: kittima on June 29, 2016, 09:39:41 PM
Upfront fee of 6%, prghhhhhh.......b4 you invest, you loss 6% at head start first.....  :D
Title: Re: Lost money in unit trust....
Post by: JokerMing on August 30, 2017, 10:54:11 PM
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


Hi Bro, you can check your Far East Fund now how is it performing?  :)
Title: Re: Lost money in unit trust....
Post by: LilyRamlee on October 26, 2017, 12:28:38 PM
I pity those that lost their money in UT.  When investing in UT, these are the 3 things that you must have:
1. Money - this goes without saying. You must have money to invest, for EPF members they are lucky as they can transfer a portion of their EPF money under EPF-MIS scheme to UT to increase their retirement fund.  This scheme has been introduced since 1996. One must wonder, why such privilege given to unit trust and not to other investment vehicle e.g. stock market, insurance to allow epf members to choose where to invest in?  The answer is because UT is very,very suitable for long term investment.  You think the gov is stupid to introduce such scheme if it is not beneficial to its members?  And since 2012, gov has introduced Private Retirement Scheme (a voluntary retirement fund scheme) to complement your EPF scheme also using Unit Trust as the investment vehicle.  Gov has introduced two incentives to join PRS : 1. RM 1000 incentive to youth age 20-30 years if they invest min RM 1000 in PRS 2. Personal tax relief to those who contribute up to RM3000 annually to PRS.  Why such privilege given to unit trust? 

2. Time
Yes, you cannot control the market ups and downs, but you can control how long (time horizon) you want to invest.  Remember, in UT, time is money.  The longer you put your money in UT, the better the return and the lesser the risk. And that's why it is very suitable in building your retirement fund (and other long term objectives).

3. % return
This is also very important. Remember, unit trust funds have different risk categories, the higher the risk the higher the return.  And, to minimize the risk, focus on the time - LONG TERM.  So, it is equally important to select high risk funds (equity) esp if you have min 5 years to spare.  High risk does not mean you lose money!

For those who are willing to open their mind and allow me to explain in detail how unit trust works, I'd be glad to explain to you.  Once you understand how it works, you know that it is really helping you build your cash in the long run.  I'm reachable at 016-9460835

Title: Re: Lost money in unit trust....
Post by: iiinvestsmart on October 26, 2017, 12:51:30 PM
I pity those that lost their money in UT.  When investing in UT, these are the 3 things that you must have:
1. Money - this goes without saying. You must have money to invest, for EPF members they are lucky as they can transfer a portion of their EPF money under EPF-MIS scheme to UT to increase their retirement fund.  This scheme has been introduced since 1996. One must wonder, why such privilege given to unit trust and not to other investment vehicle e.g. stock market, insurance to allow epf members to choose where to invest in?  The answer is because UT is very,very suitable for long term investment.  You think the gov is stupid to introduce such scheme if it is not beneficial to its members?  And since 2012, gov has introduced Private Retirement Scheme (a voluntary retirement fund scheme) to complement your EPF scheme also using Unit Trust as the investment vehicle.  Gov has introduced two incentives to join PRS : 1. RM 1000 incentive to youth age 20-30 years if they invest min RM 1000 in PRS 2. Personal tax relief to those who contribute up to RM3000 annually to PRS.  Why such privilege given to unit trust? 

2. Time
Yes, you cannot control the market ups and downs, but you can control how long (time horizon) you want to invest.  Remember, in UT, time is money.  The longer you put your money in UT, the better the return and the lesser the risk. And that's why it is very suitable in building your retirement fund (and other long term objectives).

3. % return
This is also very important. Remember, unit trust funds have different risk categories, the higher the risk the higher the return.  And, to minimize the risk, focus on the time - LONG TERM.  So, it is equally important to select high risk funds (equity) esp if you have min 5 years to spare.  High risk does not mean you lose money!

For those who are willing to open their mind and allow me to explain in detail how unit trust works, I'd be glad to explain to you.  Once you understand how it works, you know that it is really helping you build your cash in the long run.  I'm reachable at 016-9460835


 :thumbsup:
Title: Re: Lost money in unit trust....
Post by: gabriel_88 on December 07, 2018, 10:31:50 AM
nice!  ;) :thumbsup:
Title: Re: Lost money in unit trust....
Post by: kok_hwa on December 07, 2018, 11:39:05 AM
 :thumbsup: :thumbsup: :clap: