What Are The Top Performing Public Mutual Funds?
So, what's the best performing Public Mutual Fund today?
This is the constant question that people asked when it comes to selecting the funds to invest in. Now, before I go any further, I must say this article is just my own representation of things. It should not be taken as an advice to invest in the said funds. You should take into consideration of your risk tolerance and make your own decision.
You can make your own selection to review which fund is the best for you.
I have created a simple fund performance chart as above for this review. And to calculate which funds have performed the best since their inception. Today's date minus the inception date gives us the number of Days the funds have been in existence.
Next, you can go to Public Mutual's fund performance page to get some data. Select the funds that you are interested in. Then click on the radio button for "Since Inception till end-date". Then click on "Show Chart".
When the chart shows up, you can see the inception date at the bottom of the chart. I take that date an input in the spreadsheet above. You also input the Total Return in the spreadsheet and then it will calculate how many percent on average per day the fund has grown.
Tips: You can use this spreadsheet to track your own fund performance too. Instead of the inception date, you need to put in the date you bought the fund. And get the data from Public Mutual's fund performance page. Of course, this is just a simplistic one. It doesn't include the dividend and unit splits given.
The Top 3 Best Performing Public Mutual Funds
Looking at the list that I have made, The winners are... PGF (Public Growth Fund) is the best bet. Followed by Public Index Fund (PIX). This is the reason why a study has show that Index Fund beats 80% of the Mutual Funds. It's one of the best funds for your money. Even my list has confirmed this. You'll never go wrong with an Index Fund in your long term investment.
Public Smallcap Fund also has a good return.
You can also see the funds above have good Morningstar ratings, Lipper scores and recognition.
The list that I have created is not representing all the funds that Public Mutual has. But I am sure you get the idea. However, if you find there is a better fund, please let me know. Thanks.
Are you ready to invest now?
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2 comments:
Thanks for sharing your fund perfomance calculation. In fact, PBGF is among the top perfoming fund under Public Mutual with total return todate 207.87% (0.101 per day). Besides, PFES & PIOF perform quite well with return 0.0757 & 0.0737 per day although both funds age less than 3 years. To a surprise, PAGF (equity) & PBF (balance) are worse than PBond !! Since the calculation is based on inception date, probably the funds had gone through different economy cycles. A re-calculation based on past 5 years, the performance is PBGF (0.1069), PSmallcap (0.0936), PAGF (0.0919), PGF (0.0732), PIX (0.0640), PBBF (0.0709), PBF (0.059) & PBond (0.0172).
Thank you for your calculations, Chua.
Wow, didn't know PBGF is really the top fund! However, PBGF is a PB series fund (meaning, it can only be purchased at Public Bank, and can't be sold by Public Mutual Agency).
Yes, your observation is right, PAGF performed worse than PBF if we compare from the inception date.
That means, in unit trust investment, we must always actively monitor the fund performance. And use the switching and dollar cost averaging strategies to maximize profit. Must not just put in a lump sum investment and then forget about it.
Looks like PBGF, PSmallcap and PAGF are all good funds now to invest in.
Thanks again for highlighting them, Chua.
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