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Wednesday, November 5, 2008

Special Service Charge of 5% on All Equity Fund

Public Mutual is offering a Special Service Charge of 5% when you invest in their equity funds for a limited period. The offer period is from 3 November to 3 December, 2008.

As in my earlier post titled "Unit Trust is still the way to go", investing in unit trust is still the better choice despite the global financial crisis. In fact, this is best time to invest in unit trust. With this Special Service Charge offer, they will be bring in more funds to continue investing in value counter that had been battered down, counters that are still fundamentally strong and profitable. Investment at the current lower price will surely increase your potential earnings in the future.

Besides, this special service charge will be extended to all cash transactions (including standing instructions, Ringgit Cost Averaging instructions and switching of low-load units) into the equity funds during the said period.

This is indeed an opportune time for long term investors to take advantage of this attractive offer of lower service charge to increase their investment into the equity funds to meet their long term investment goals.

The world's most renowned investor Warren Buffett had in his recent article titled
'Buy American. I Am" published on 16 October 2008 in the New York Times, quoted the following in explaining why he began to invest heavily in stocks: -

“I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower in a month - or a year – from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.”