1Malaysia Public Mutual

Public Mutual’s new fund to focus on 30 choice stocks

Public Bank’s wholly-owned subsidiary, Public Mutual is launching a new fund, Public Far-East Alpha-30 Fund (PFA30F) on 6 April 2010. The fund invests up to 30 choice stocks in the domestic and regional markets that gives investors potentially higher capital growth over the medium- to long-term period.

Public Mutual’s Chief Executive Officer Ms. Yeoh Kim Hong said global and regional markets have rebounded strongly in 2009 on optimism that the global economy would continue to respond positively to accommodative monetary policies and government stimulus spending. “Over the medium- to long-term period, regional markets are expected to perform well due to their reasonable valuations, high savings rates, brighter economic growth prospects and sound fiscal positions,” she said.

PFA30F is an equity fund that seeks to achieve capital appreciation over the medium- to long-term period by investing in up to a maximum of 30 stocks in the domestic and regional markets. “With stocks across the board trading at attractive market valuations, there are ample opportunities to pick and choose high quality stocks. Investors just need to buy and hold for the medium- to long-term period to realise the full potential of the fund,” Yeoh added.

To achieve increased diversification, the fund may invest up to 98% of its net asset value (NAV) in selected ¬Far-East markets which include South Korea, China, Taiwan, Japan, Hong Kong, the Philippines, Indonesia, Singapore, Thailand, India, Australia and other permitted markets. The equity exposure of PFA30F generally ranges from 75% to 98% of its NAV. The fund is suitable for aggressive investors who can withstand extended periods of market volatility in pursuit of attractive long-term capital growth. 2/2

The initial issue price of PFA30F is RM0.2500 per unit during the 21-day initial offer period from 6 April 2010 to 26 April 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 PFA30F. Investors who opt for Direct Debit Instruction with PFA30F 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 74 funds under management. It has over 2,300,000 accountholders and as at 25 February 2010, the total net asset value of the funds managed by the company was RM35.2 billion.