This is a continuation of my previous post regarding my unit trust investment. Read it here.
Global market has taken a battering from what has happened in the US. Same thing goes to our very own Kuala Lumpur Stock Exchange (Bursa Saham Kuala Lumpur).
Do any of you invest in the stock market directly? Or perhaps through unit trust funds?
Today, we shall look at how my Public Mutual unit trust funds have fared since the day I bought into them a few months ago. I got belted, I tell you.
Public Asia Ittikal Fund (PAIF)
Type = Aggressive International Fund
NAV at bought = RM0.3030 (dollar cost averaging factored in)
NAV as of 6/03/2008 = RM0.2577Total returns so far = -14.95%
Public Islamic Dividend Fund (PIDF)
Type = Moderate Domestic Fund
NAV at bought = RM0.3522 (dollar cost averaging factored in)
NAV as of 7/03/2008 = RM0.3298Total returns so far = -6.36%
Public Islamic Enhanced Bond Fund (PIEBF)
Type = Conservative Domestic Fund
NAV at bought = RM1.0291
NAV as of 6/3/2008 = RM1.0060Total returns so far = -2.24%
Public China Ittikal Fund (PCIF)
Type = Aggressive International Fund
NAV at bought = RM0.2464
NAV as of 6/3/2008 = RM0.2188Total returns so far = -11.20%
Public Islamic Asia Dividend Fund (PIADF)
Type = Moderate International Fund
NAV at bought = RM0.2585
NAV as of 6/3/2008 = RM0.2296Total returns so far = -11.18%
Public Far-East Property & Resorts Fund (PFEPRF)
Type = Moderate International Fund
NAV at bought = RM0.2418
NAV as of 6/3/2008 = RM0.2078Total returns so far = -14.06%
Public Far-East Consumer Themes Fund (PFECTF)
Type = Aggressive International Fund
NAV at bought = RM0.25
NAV as of 6/3/2008 = RM0.2467Total returns so far = -1.32%
All of them are in negative territory. Please bear in mind that I did not factor in the service charges for the above’s calculations. Merely the raw prices.
As a note, I’ve been holding PAIF and PIDF since July 2007 and topped up last January 2008. For the others, I bought in January 2008.
So, there you go, the risks of investing in unit trust funds in action 🙂
What was that again about unit trust consultants telling people “You know what??? Our unit trust funds just recorded a 40% ++++ return last year!!”. Hehe.
There’s an article that I read before. It says, anybody can make money in a bull market. What determines a person being a great investor/trader or not is whether he or she can SURVIVE a bear market. A message to the fund managers 🙂
Anyway, I’m looking long-term with my unit trust investments, so, hopefully, it’ll be alright.
How about the others out there? How have you fared so far?
(Source of Price: Public Mutual)
Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
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Other related posts:
– Risk Tolerance Level
– Risk Tolerance Level: Part 2
– Back to Basics: Recovering from Negative Returns
– Types of Mutual Funds (Unit Trusts)
– Understanding Unit Trust
– Fund’s Strong Performance
