Investors seeking to capitalise on the long term growth potential of mid to large cap stocks in the Asian region can invest in the Public Islamic Asia Leaders Equity Fund (PIALEF).
PIALEF is designed to allow investors to capitalise on the growth potential of companies with market capitalisation of US$1 billion and above in domestic and regional markets that comply with Shariah requirements. The fund focuses its investments on companies that have strong growth potential and are traded at attractive valuations with sound fundamentals. These companies are positioned to benefit from the recovery in regional equity markets and as well as a rebound in regional economies.
To achieve increased diversification, the fund may invest up to 98% of its Net Asset Value (NAV) in selected Asian markets which include South Korea, China, Taiwan, Hong Kong, Philippines, Indonesia, Singapore, Thailand and other markets. Given the above investment strategy and objective, the Fund is suitable for medium- to long-term investors with aggressive risk-reward temperaments.
Benefits of Investing in PIALEF
PIALEF provides investors with the opportunity to invest in mid to large corporations which are better positioned to benefit from the anticipated recovery in regional economies due to their financial strength and dominance in their respective industries. Generally, mid to large companies benefit from economies of scale as costs of production and operating expenses are spread over a larger volume of units produced and sold. As such, these companies tend to have leading positions and established market shares which will enable them to perform well during robust as well as challenging market conditions.
From 19th Jan 2010 - 8th Feb 2010 - Special fees. Pls refer to your respective UTC.
KLCI 6 July 2011
12 years ago
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