Get optimum returns from Public Mutual's new Public Optimal Growth Fund

Public Bank’s wholly-owned subsidiary, Public Mutual is launching a new fund, Public Optimal Growth Fund (POGF) on 8 June 2010. This fund invests in a diversified portfolio of dividend and growth stocks in the domestic market to achieve optimum returns for investors.
Public Mutual’s Chief Executive Officer Ms. Yeoh Kim Hong said global and regional equity markets have rebounded from multi-year lows in March 2009 on optimism that global economic activities will continue to strengthen on the back of government stimulus spending and supportive monetary policies. “Looking ahead, the domestic market should remain underpinned by the strengthening pace of economic recovery throughout the Asia Pacific region, resilient liquidity conditions and reasonable valuations,” she said.

POGF is an equity fund that seeks to provide income and capital growth by investing in stocks which offer attractive dividend yields and growth stocks in the domestic market. Half of the fund’s equity investment will be invested in a diversified portfolio of stocks which offer attractive dividend yields while the other half of the fund’s equity investment will be invested in a diversified portfolio of growth stocks in the domestic market. “Investors who are keen to invest in a portfolio of dividend and growth stocks in the domestic market will be able to achieve an optimal combination of income growth and capital appreciation over the long-term,” Yeoh added.

The equity exposure of POGF generally ranges from 75% to 98% of its net asset value (NAV). The fund is suitable for aggressive investors who wish to receive annual income while participating in the long-term growth potential of a diversified portfolio of dividend stocks and growth stocks in the domestic market.

The initial issue price of POGF is RM0.2500 per unit during the 21-day initial offer period from 8 to 28 June 2010. The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100. During the offer period, special promotional service charges as low as 5% of initial issue price per unit are extended to the purchase of units of POGF. Investors who opt for Direct Debit Instruction with POGF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the Direct Debit is active. Terms and conditions apply.

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 Malaysia’s largest private unit trust company with 77 funds under management. It has over 2,320,000 accountholders and as at 30 April 2010, the total net asset value of the funds managed by the company was RM37 billion.