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.

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Public Mutual declares distributions for 11 funds

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for eleven funds totalling over RM440 million. The gross distributions declared for the respective funds for the financial year ended 31 May 2010 are as follow:-

Fund - Gross Distribution / Unit

Public Dividend Select Fund - 3.00 sen per unit

Public Ittikal Fund - 8.00 sen per unit

Public Islamic Equity Fund - 1.75 sen per unit

Public Islamic Select Treasures Fund -1.25 sen per unit

Public Far-East Select Fund - 1.75 sen per unit

Public Regional Sector Fund - 1.75 sen per unit

Public Global Select Fund - 0.75 sen per unit

Public China Titans Fund - 1.50 sen per unit

PB ASEAN Dividend Fund - 1.50 sen per unit

Public Balanced Fund - 7.00 sen per unit

Public Select Bond Fund - 4.50 sen per unit

Public Mutual wins Reader’s Digest Trusted Brand Platinum Award

Public Bank’s wholly-owned subsidiary, Public Mutual, has won the Reader’s Digest Trusted Brand Platinum Award for the Investment Fund Company category in Malaysia in 2010. Previously, Public Mutual won the Gold Award for four consecutive years, from 2006 to 2009.

Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow, expressed pride at this recognition of consumers’ trust. “Winning the Platinum award is a great honour as it signifies that Public Mutual has earned the confidence of Malaysian consumers in continuously delivering top value to investors,” he said.

The Reader’s Digest’s annual Trusted Brands survey in Malaysia reflects Malaysian consumers’ choice of their trusted and favourite brands. While most Trusted Brand Award winners achieve Gold status, brands with scores of more than three times that of their nearest competitor; or with a score at least double that of their nearest competitor and an average rating of at least 4 points (out of a possible 5) on the qualitative criteria, receive a Platinum Trusted Brand Award. These qualitative criteria include trustworthiness & credibility, quality, value, understanding of customer needs, innovative and social responsibility.

Tan Sri Teh dedicated the award to Public Mutual’s board of directors, management, staff and unit trust consultants for their dedication and commitment. He also thanked investors for their unwavering support and confidence. With the Reader’s Digest Trusted Brand Platinum Award, Public Mutual has, to-date won 158 awards, of which more than 90% are recognition for excellent fund performance.

Public Mutual is Malaysia’s largest private unit trust company with 75 funds under management. It has over 2,320,000 accountholders and as at 31 March 2010, the total net asset value of the funds managed by the company was RM36.6 billion.

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Public Mutual declares distributions for 5 funds

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for five funds. The total gross distributions declared for the financial year ended 30 April 2010 are as follows:

Fund


Gross Distribution / Unit

Public Far-East Telco & Infrastructure Fund


2.50

Public Islamic Dividend Fund


1.25

Publis Islamic Asia Dividend Fund


0.75

Public Far-East Balanced Fund


1.50

Public Global Balanced Fund


0.50

Public Mutual Chief Executive Officer Ms. Yeoh Kim Hong said Public Far-East Telco & Infrastructure Fund has generated one-year returns of 31.01% for the period ended 9 April 2010, according to The Edge-Lipper Fund Table dated 19 April 2010. “This fund has outperformed its benchmark for the same period,” she added.

Meanwhile, Public Islamic Dividend Fund and Public Islamic Asia Dividend Fund have generated one-year returns of 34.43% and 35.27% respectively for the same period. Public Islamic Dividend Fund is open for EPF Members Investment Scheme.

As for Public Far-East Balanced Fund and Public Global Balanced Fund, they have generated one-year returns of 25.03% and 19.69% respectively for the period ended 9 April 2010, according to The Edge-Lipper Fund Table dated 19 April 2010. These funds have also outperformed their benchmarks for the repective periods.

Public Mutual is Malaysia’s largest private unit trust company with 75 funds under management. It has over 2,320,000 accountholders and as at 31 March 2010, the total net asset value of the funds managed by the company was RM36.6 billion.

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