About Public Mutual
Asking on behalf of my dad who's retired.
My dad holds about 100k in Public Mutual Funds, a mix of their PBOND Fund (invested since 2009), PB Asia Real Estate Income Fund(invested since 2013) and PB Asean Dividend Fund (invested since 2013).
My dad isn't really a big investor. Heck I even question his investment decisions (has money in dead MY stocks).
Recently we've been discussing about his Public Mutual. I told him his investment is a little too diverse which makes his returns rather dilute so we thought of switching some of his funds within PM into the aforementioned bond fund, because out of all of his investment, that one has been performing well.
But after some research, I've seen the sentiment online is that Public Mutual isn't exactly a good place to invest especially with high fees and low returns.
I too am not big into investing, so I would like to ask:
How badly would the fees affect my dad's investment in the long run?
Should I talk to him about putting his investment elsewhere? If so, how could I talk to him and where could he put the money at?
What exactly is bad about Public Mutual aside from fees as compared to other investments?
Note: My dad doesn't really bother with his investment because my mom who is working, gives him allowance, heck, most of his money is given to my mom to manage. So this 100k in Public Mutual and 8k I'm his bank is what he has left with him.
Thanks in advance!