Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for three of its funds. The gross distributions declared are for financial year / period ended 30 April 2008:
Public Islamic Dividend Fund - Gross distribution of 2.00 sen per unit
Public Far-East Balanced Fund - Gross distribution of 1.75 sen per unit
Public Islamic Asia Dividend Fund - Gross distribution of 0.40 sen per unit
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Islamic Dividend Fund is an Islamic equity fund that aims to provide income by investing in a portfolio of stocks that complies with Shariah requirements and which offer or have the potential to offer attractive dividend yields. “Public Islamic Dividend Fund is suitable for medium- to long-term investors with preference for receiving income while capital growth is secondary”, he added.
As for Public Far-East Balanced Fund, it is a regional balanced fund which aims to provide income and capital growth over the medium- to long-term period. This fund is suitable for medium- to long-term investors who prefer to receive income and a respectable measure of capital growth. It comes with free insurance coverage of up to RM100,000 per qualified unitholder. Terms and Conditions apply.
Meanwhile, Public Islamic Asia Dividend Fund is an Islamic equity income fund that seeks to provide income by investing in a portfolio of stocks in domestic and regional markets that complies with Shariah requirements and which offer or have the potential to offer attractive dividend yields. This fund is suitable for medium- to long-term investors with preference for receiving income while capital growth is secondary.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 62 funds for more than 1,800,000 accountholders. As at 29 February 2008, the total NAV of the funds managed by the company was RM27 billion.
Monday, May 5, 2008
Thursday, April 24, 2008
Public Islamic Optimal Growth Fund to capitalise on dividend and growth stocks in the domestic market (8 April 2008)
Public Bank’s wholly-owned subsidiary, Public Mutual will launch a domestic Islamic fund, Public Islamic Optimal Growth Fund (PIOGF) on 8 April 2008 (Tuesday). Investors who wish to achieve an optimal combination of capital appreciation and income growth over the long-term can invest in the PIOGF. PIOGF is open for EPF Members Investment Scheme.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PIOGF is an Islamic equity fund that seeks to provide income and capital growth by investing in Shariah-compliant stocks which offer attractive dividend yields and growth stocks in the domestic market. “PIOGF invests 50% of its equity investment in Shariah-compliant growth stocks in the domestic market while the remaining 50% of its equity investment is invested in Shariah-compliant stocks which offer attractive dividend yields,” he added.
Tan Sri Teh explains that PIOGF is a capital growth and income fund that is suitable for medium to long-term investors with aggressive risk-reward temperaments. The equity exposure of PIOGF will generally range from 75% to 95% of its net asset value (NAV). PIOGF distributes annual income to the investors on a best effort basis.
The Initial Offer Price of PIOGF is at RM0.2500 per unit during the 21-day initial offer period of 8 April 2008 to 28 April 2008. The minimum initial investment is RM1,000.
PIOGF is distributed by Public Mutual unit trust consultants. Interested investors can contact any Public Mutual unit trust consultant or call its Customer Service Hotline at 03-6207 5000 for more details of the fund.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 61 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PIOGF is an Islamic equity fund that seeks to provide income and capital growth by investing in Shariah-compliant stocks which offer attractive dividend yields and growth stocks in the domestic market. “PIOGF invests 50% of its equity investment in Shariah-compliant growth stocks in the domestic market while the remaining 50% of its equity investment is invested in Shariah-compliant stocks which offer attractive dividend yields,” he added.
Tan Sri Teh explains that PIOGF is a capital growth and income fund that is suitable for medium to long-term investors with aggressive risk-reward temperaments. The equity exposure of PIOGF will generally range from 75% to 95% of its net asset value (NAV). PIOGF distributes annual income to the investors on a best effort basis.
The Initial Offer Price of PIOGF is at RM0.2500 per unit during the 21-day initial offer period of 8 April 2008 to 28 April 2008. The minimum initial investment is RM1,000.
PIOGF is distributed by Public Mutual unit trust consultants. Interested investors can contact any Public Mutual unit trust consultant or call its Customer Service Hotline at 03-6207 5000 for more details of the fund.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 61 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Mutual Declares Distributions For 2 Funds (31 March 2008)
Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for two of its funds. The gross distributions declared are for financial year ended 31 March 2008:
Public Aggressive Growth Fund - Gross distribution of 15.00 sen per unit
Public Regular Savings Fund- Gross distribution of 10.00 sen per unit
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Aggressive Growth Fund and Public Regular Savings Fund have generated a five-year return of 150.8% and 119.2% respectively for the period ended 7 March 2008, according to The Edge-Lipper Fund Table dated 17 March 2008. These funds have outperformed the benchmark Kuala Lumpur Composite Index (KLCI), which registered a gain of 103.9% for the same period.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 61 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Aggressive Growth Fund - Gross distribution of 15.00 sen per unit
Public Regular Savings Fund- Gross distribution of 10.00 sen per unit
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Aggressive Growth Fund and Public Regular Savings Fund have generated a five-year return of 150.8% and 119.2% respectively for the period ended 7 March 2008, according to The Edge-Lipper Fund Table dated 17 March 2008. These funds have outperformed the benchmark Kuala Lumpur Composite Index (KLCI), which registered a gain of 103.9% for the same period.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 61 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
First capital protected fund from Public Bank (24 March 2008)
Public Bank launched its first capital protected fund, PB Capital Protected Dragon Fund (PBCPDF) on 24 March 2008 (Monday). This fund will invest in permitted investments comprising high quality debentures and money market instruments and the balance in a portfolio of equities and equity-related securities in the Greater China region. The fund will be managed by its wholly-owned subsidiary, Public Mutual.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PBCPDF is a capital protected fixed income fund that seeks to achieve capital appreciation over the tenure of the fund while providing capital protection upon maturity of the fund. PBCPDF is specially designed for investors seeking to protect their capital while participating in the growth prospects of equity markets in the Greater China region. “At least 90% of its net asset value (NAV) will be invested in permitted investments comprising high quality debentures and money market instruments. The balance of the fund’s NAV will be invested in a portfolio of equities and equity-related securities in the Greater China region,” he added.
The Initial Offer Price of PBCPDF is at RM0.9901 per unit during the 45-day initial offer period of 24 March 2008 to 7 May 2008. The service charge is at RM0.0099 per unit, which is 1% of the NAV of the fund during offer period. “As PBCPDF is a closed-end fund, the units will only be sold during Offer Period. The minimum investment for the fund is RM1,000,” said Tan Sri Teh.
Tan Sri Teh added that PBCPDF’s capital is protected with a Capital Protected Value of RM1.0000 per unit at the Maturity Date. The Maturity Date is on 15 May 2011 or earlier if the fund is fully sold before 7 May 2008.
Interested investors can visit any Public Bank branch nationwide or call free-phone at 1-800-88-3323 during normal working hours to find out more about PBCPDF.
The manager of the fund, Public Mutual is the largest private unit trust company in Malaysia, and it manages 60 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PBCPDF is a capital protected fixed income fund that seeks to achieve capital appreciation over the tenure of the fund while providing capital protection upon maturity of the fund. PBCPDF is specially designed for investors seeking to protect their capital while participating in the growth prospects of equity markets in the Greater China region. “At least 90% of its net asset value (NAV) will be invested in permitted investments comprising high quality debentures and money market instruments. The balance of the fund’s NAV will be invested in a portfolio of equities and equity-related securities in the Greater China region,” he added.
The Initial Offer Price of PBCPDF is at RM0.9901 per unit during the 45-day initial offer period of 24 March 2008 to 7 May 2008. The service charge is at RM0.0099 per unit, which is 1% of the NAV of the fund during offer period. “As PBCPDF is a closed-end fund, the units will only be sold during Offer Period. The minimum investment for the fund is RM1,000,” said Tan Sri Teh.
Tan Sri Teh added that PBCPDF’s capital is protected with a Capital Protected Value of RM1.0000 per unit at the Maturity Date. The Maturity Date is on 15 May 2011 or earlier if the fund is fully sold before 7 May 2008.
Interested investors can visit any Public Bank branch nationwide or call free-phone at 1-800-88-3323 during normal working hours to find out more about PBCPDF.
The manager of the fund, Public Mutual is the largest private unit trust company in Malaysia, and it manages 60 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public China Titans Fund to capitalise on China’s large-cap stocks growth prospects (1 April 2008)
Public Bank’s wholly-owned subsidiary, Public Mutual will launch its China’s large-cap stocks fund, Public China Titans Fund (PCTF) on 1 April 2008 (Tuesday). PCTF allows investors to tap into the growth potential of emerging giants in the Greater China region.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PCTF offers investors the opportunity to capitalise on the growth prospects of large-cap stocks in Greater China region. “The returns of funds that focus on large-cap stocks are usually considered to be more stable than small-cap funds as larger corporations are better positioned to weather economic cycles due to their sheer size, stronger cash flows and dominance in their respective industries. Thus, an equity fund that focuses on large-cap stocks can potentially offer attractive long-term capital growth by investing in large companies with strong track records. Due to their size, these companies are able to weather the impact of tougher economic conditions compared to their smaller counterparts. The Greater China region, comprising China, Hong Kong and Taiwan, offers a wide universe of large-cap stocks,” he added.
PCTF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing in companies with market capitalisation of RM10 billion and above in the Greater China region namely China, Hong Kong and Taiwan markets and including China-based companies listed on overseas markets. Up to 98% of the Fund’s net asset value (NAV) can be invested in selected foreign markets which include Hong Kong, China, Taiwan, Singapore, United States of America and other approved markets. The equity exposure of PCTF will generally range from 75% to 90% of its NAV.
Tan Sri Teh added that PCTF is suitable for investors with high risk profile who are optimistic with the long-term growth potential of large-cap stocks in Greater China region, including China-based companies listed on overseas markets.
The Initial Offer Price of PCTF is at RM0.2500 per unit during the 21-day initial offer period of 1 April 2008 to 21 April 2008. During the offer period, a promotional service charge of 5% of NAV per unit is extended to the purchase of units of PCTF by investors.
Tan Sri Teh advises investors to adopt the Dollar Cost Averaging (DCA) principle via Direct Debit Instruction (DDI) in times of market volatility, as the accumulation of units under the DCA spreads out the risk of market volatility and thus results in lower average cost per unit. In order to encourage regular investments and spread your initial investment over a series of smaller investments for a period of time, Public Mutual will run a special DDI Promotion for PCTF whereby any DDI with PCTF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the DDI is active. Terms and conditions apply.
The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100.
PCTF is distributed by Public Mutual’s unit trust consultants. Interested investors can contact any Public Mutual unit trust consultant or call its Customer Service Hotline at 03-6207 5000 for more details of the fund.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 60 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PCTF offers investors the opportunity to capitalise on the growth prospects of large-cap stocks in Greater China region. “The returns of funds that focus on large-cap stocks are usually considered to be more stable than small-cap funds as larger corporations are better positioned to weather economic cycles due to their sheer size, stronger cash flows and dominance in their respective industries. Thus, an equity fund that focuses on large-cap stocks can potentially offer attractive long-term capital growth by investing in large companies with strong track records. Due to their size, these companies are able to weather the impact of tougher economic conditions compared to their smaller counterparts. The Greater China region, comprising China, Hong Kong and Taiwan, offers a wide universe of large-cap stocks,” he added.
PCTF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing in companies with market capitalisation of RM10 billion and above in the Greater China region namely China, Hong Kong and Taiwan markets and including China-based companies listed on overseas markets. Up to 98% of the Fund’s net asset value (NAV) can be invested in selected foreign markets which include Hong Kong, China, Taiwan, Singapore, United States of America and other approved markets. The equity exposure of PCTF will generally range from 75% to 90% of its NAV.
Tan Sri Teh added that PCTF is suitable for investors with high risk profile who are optimistic with the long-term growth potential of large-cap stocks in Greater China region, including China-based companies listed on overseas markets.
The Initial Offer Price of PCTF is at RM0.2500 per unit during the 21-day initial offer period of 1 April 2008 to 21 April 2008. During the offer period, a promotional service charge of 5% of NAV per unit is extended to the purchase of units of PCTF by investors.
Tan Sri Teh advises investors to adopt the Dollar Cost Averaging (DCA) principle via Direct Debit Instruction (DDI) in times of market volatility, as the accumulation of units under the DCA spreads out the risk of market volatility and thus results in lower average cost per unit. In order to encourage regular investments and spread your initial investment over a series of smaller investments for a period of time, Public Mutual will run a special DDI Promotion for PCTF whereby any DDI with PCTF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the DDI is active. Terms and conditions apply.
The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100.
PCTF is distributed by Public Mutual’s unit trust consultants. Interested investors can contact any Public Mutual unit trust consultant or call its Customer Service Hotline at 03-6207 5000 for more details of the fund.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 60 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
PB China ASEAN Equity Fund to capitalise on China and ASEAN growth prospects (5 March 2008)
Public Bank will launch a China ASEAN fund, PB China ASEAN Equity Fund (PBCAEF) on 5 March 2008 (Wednesday). PBCAEF will invest in China stocks and the balance in stocks listed on ASEAN (Association of South-East Asian Nations) markets. The fund will be managed by its wholly-owned subsidiary, Public Mutual.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PBCAEF offers investors the opportunity to capitalise on the solid growth prospects in China and ASEAN. Over the past five years, the Chinese and the ASEAN stock markets have been among the best performing markets globally on the back of resilient economic growth, accommodative monetary policies and healthy earnings growth. “China’s Gross Domestic Product (GDP) growth is expected to remain robust due to resilient domestic consumption, investment and exports while the growth prospects of ASEAN economies continue to be promising with domestic demand spearheading economies activities,” he added.
Tan Sri Teh believes that PBCAEF will offer investors the opportunity to capitalise on the solid investment prospects in China and ASEAN markets.
PBCAEF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing in a diversified portfolio of China stocks with the balance in stocks listed on ASEAN markets. A minimum of 50% of PBCAEF’s net asset value (NAV) will be invested in China stocks listed on the China, Hong Kong, United States of America and other approved markets. The equity exposure of PBCAEF will generally range from 75% to 90% of its NAV.
Tan Sri Teh added that PBCAEF is suitable for long-term investors with high risk profile who wish to participate in the growth prospects of China and ASEAN.
The issue price / NAV of PBCAEF is at RM0.2500 per unit during the 21-day initial offer period of 5 March 2008 to 25 March 2008. During the offer period, a promotional service charge of 5% of NAV per unit is extended to the purchase of units of PBCAEF by investors.
Tan Sri Teh advises investors to adopt the Dollar Cost Averaging (DCA) principle via Direct Debit Instruction (DDI) in times of market volatility, as the accumulation of units under the DCA spreads out the risk of market volatility and thus results in lower average costs per unit. In order to encourage regular investments and spread your initial investment over a series of smaller investments for a period of time, Public Mutual will run a special DDI Promotion for PBCAEF whereby any DDI with PBCAEF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the DDI is active. Terms and conditions apply.
The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100.
Interested investors can visit any Public Bank branch nationwide or call free-phone at 1-800-88-3323 during normal working hours to find out more about PBCAEF.
The manager of the fund, Public Mutual is the largest private unit trust company in Malaysia, and it manages 58 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PBCAEF offers investors the opportunity to capitalise on the solid growth prospects in China and ASEAN. Over the past five years, the Chinese and the ASEAN stock markets have been among the best performing markets globally on the back of resilient economic growth, accommodative monetary policies and healthy earnings growth. “China’s Gross Domestic Product (GDP) growth is expected to remain robust due to resilient domestic consumption, investment and exports while the growth prospects of ASEAN economies continue to be promising with domestic demand spearheading economies activities,” he added.
Tan Sri Teh believes that PBCAEF will offer investors the opportunity to capitalise on the solid investment prospects in China and ASEAN markets.
PBCAEF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing in a diversified portfolio of China stocks with the balance in stocks listed on ASEAN markets. A minimum of 50% of PBCAEF’s net asset value (NAV) will be invested in China stocks listed on the China, Hong Kong, United States of America and other approved markets. The equity exposure of PBCAEF will generally range from 75% to 90% of its NAV.
Tan Sri Teh added that PBCAEF is suitable for long-term investors with high risk profile who wish to participate in the growth prospects of China and ASEAN.
The issue price / NAV of PBCAEF is at RM0.2500 per unit during the 21-day initial offer period of 5 March 2008 to 25 March 2008. During the offer period, a promotional service charge of 5% of NAV per unit is extended to the purchase of units of PBCAEF by investors.
Tan Sri Teh advises investors to adopt the Dollar Cost Averaging (DCA) principle via Direct Debit Instruction (DDI) in times of market volatility, as the accumulation of units under the DCA spreads out the risk of market volatility and thus results in lower average costs per unit. In order to encourage regular investments and spread your initial investment over a series of smaller investments for a period of time, Public Mutual will run a special DDI Promotion for PBCAEF whereby any DDI with PBCAEF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the DDI is active. Terms and conditions apply.
The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100.
Interested investors can visit any Public Bank branch nationwide or call free-phone at 1-800-88-3323 during normal working hours to find out more about PBCAEF.
The manager of the fund, Public Mutual is the largest private unit trust company in Malaysia, and it manages 58 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Wednesday, April 23, 2008
Public Mutual emerged as the biggest winner for the 5th consecutive year at The Edge-Lipper Malaysia Fund Awards 2008
Public Bank’s wholly-owned subsidiary, Public Mutual emerged for the fifth consecutive year as the biggest winner at The Edge-Lipper Malaysia Fund Awards 2008 by winning 8 of the 20 awards, including the Lipper award for Best Equity Group for 3 years category.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said that he is very proud that Public Mutual continues to win the most number of awards at this year’s The Edge-Lipper Malaysia Fund Awards. “The icing of the cake is this is the fifth straight time that we have done it,” he added.
He attributed the company’s success to its effective investment strategies. He also thanked the fundholders for their confidence and support.
The awards were presented by Y.Bhg Dato’ Zarinah Anwar, Chairman of the Securities Commission Malaysia to Public Mutual’s Chief Executive Officer, Yeoh Kim Hong and the investment team during the award presentation ceremony which was held on 26 February 2008 at the Hilton Kuala Lumpur Hotel.
The 8 awards won by Public Mutual are:
Public Mutual Berhad: Best Equity Group Award, 3 Years
PB Fixed Income Fund: Bond Malaysian Ringgit, 5 years
PB Growth Fund: Best Equity Malaysia Fund, 5 years
Public SmallCap Fund: Best Equity Malaysia Small and Mid Caps Fund, 5 years
PB Balanced Fund: Best Mixed Asset Malaysian Ringgit Balanced Fund, 5 years
Public Ittikal Fund: Best Equity Malaysia Fund, 5 years & Best Equity Malaysia Fund, 10 years
Public Bond Fund: Best Bond Malaysian Ringgit Fund, 10 years
Public Mutual is the largest private unit trust company in Malaysia, and it manages 58 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said that he is very proud that Public Mutual continues to win the most number of awards at this year’s The Edge-Lipper Malaysia Fund Awards. “The icing of the cake is this is the fifth straight time that we have done it,” he added.
He attributed the company’s success to its effective investment strategies. He also thanked the fundholders for their confidence and support.
The awards were presented by Y.Bhg Dato’ Zarinah Anwar, Chairman of the Securities Commission Malaysia to Public Mutual’s Chief Executive Officer, Yeoh Kim Hong and the investment team during the award presentation ceremony which was held on 26 February 2008 at the Hilton Kuala Lumpur Hotel.
The 8 awards won by Public Mutual are:
Public Mutual Berhad: Best Equity Group Award, 3 Years
PB Fixed Income Fund: Bond Malaysian Ringgit, 5 years
PB Growth Fund: Best Equity Malaysia Fund, 5 years
Public SmallCap Fund: Best Equity Malaysia Small and Mid Caps Fund, 5 years
PB Balanced Fund: Best Mixed Asset Malaysian Ringgit Balanced Fund, 5 years
Public Ittikal Fund: Best Equity Malaysia Fund, 5 years & Best Equity Malaysia Fund, 10 years
Public Bond Fund: Best Bond Malaysian Ringgit Fund, 10 years
Public Mutual is the largest private unit trust company in Malaysia, and it manages 58 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.
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