My Public Mutual Investment Updates (20.08.2009)

I had a look at my Public Mutual online just now and it seems like things are somewhat recovering.

I’m about 10% away from point of breakeven.

I find it rather hard to believe that it recovered rather quickly. If things can rise this quickly, I’m sure that things can go down again just as fast.

[Read more…]

Updates on my Public Mutual Investment (11/07/2009)

So far, total investment has gone down by around 15.52% since the start of the investment. Note, this refers to my unit trust investment only.

——————–

The data below was gathered on the 11th July 2009.

Public Far-East Consumer Themes Fund (PFECTF) >> Up 1.1% since the start of investment.

Public China Ittikal Fund (PCIF) >> Down 28.2% since the start of investment.

Public Asia Ittikal Fund (PAIF) >> Down 22.64% since the start of investment.

Public Islamic Dividend Fund (PIDF) >> Down 19.81% since the start of investment.

Public Far-East Property & Resorts Fund (PFEPRF) >> Down 19.74% since the start of investment.

Public Islamic Asia Dividend Fund (PIADF) >> Down 25.49 since the start of investment.

Public Islamic Enhanced Bond Fund (PIEBF) >> Down 1.06% since the start of investment.

——————

Weightings of each fund:

PFECTF: 24.8% of portfolio.
PCIF: 20.7% of portfolio.
PAIF: 17.4% of portfolio.
PIDF: 17.4% of portfolio.
PFEPRF: 8.3% of portfolio.
PIADF: 4.1% of portfolio.
PIEBF: 8.3% of portfolio.

——————-

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.

[Read more…]

Third and Final Update of Public Asia Ittikal’s (PAIF) Syariah Compliancy Issue

Thanks to Jean Chai, the age-long issue being discussed (or lack thereof), has been solved.

Jean Chai has brought the matter up to Public Mutual’s ranks and their response has put the issue to rest.

[Read more…]

2nd Update on Public Asia Ittikal Fund (PAIF) Syariah Compliancy Issue

Another update of the Public Asia Ittikal Fund (PAIF) syariah compliancy issue.

The first entry about this issue is here. The second one is here.

I recently received a response from one of my readers. Here it is:

[Read more…]

Updates on the Public Asia Ittikal Fund (PAIF) Syariah Compliancy Issue

About a couple of weeks back, I wrote an entry about Public Asia Ittikal Fund’s (PAIF) syariah compliancy status. Read about it here.

I did get a response from a unit trust agent a few days after that.

Here’s the excerpt:

“Our investments are looked at by the Securities Commission. Any investment that is not compliant to syariah based, can [be] penalised by the Securities Commission. The Trustee for PAIF, if I am not mistaken, is CIMB.

Public Mutual cannot make an error like that as it would jeopardise the good name of the company and the trust that many Muslim investors have in Public Mutual.”

My response:

Unfortunately, that doesn’t really answer my question.

[Read more…]

Fund Managers make a lot of mistakes too!

I’m reading this book entitled Taming the Bear by Christopher Tate. Nope, it’s not a book about how to tame bears! It’s a book about trading and how to profit from down trending markets. I haven’t finished it yet but I thought I just had to share this little information with you.

One of the reasons why we invest through unit trust funds is because of the purported professional fund managers right? Well, note this info that I got from the book.

There’s this table in the book that tracks the performance of mutual funds in the United States of America for the period of 1956 to 1988. The table basically analyses the cash-to-asset ratio of the funds, and uses this findings as an indicator to determine whether the fund is bullish or bearish. During those 32 years, they got it right only 4 times.

Interesting huh?
[Read more…]

Public Asia Ittikal Fund not Syariah Compliant?

I’ve been meaning to blog about this topic for quite sometime now.

While I was in Malaysia, I received Public Asia Ittikal Fund’s (PAIF) annual report for the financial period from 2nd of August 2006 to 31st October 2007.

In the “notes to financial statements” section, they listed out pretty much all of the companies that they are holding in their portfolio.

One company caught my attention. ABC Learning Centre, an Australian company.

According to ABC Learning Centre’s financials, I noticed that their total debt divided by market capitalisation is somewhat in the vicinity of more than 50%.

[Read more…]

Updates on my Public Mutual Investment: 8th March 2008

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.

[Read more…]

Return to top of page

Copyright © 2019 · Faliq Fauzi · Log in