Public Mutual’s Chief Executive Officer Ms. Yeoh Kim Hong said, “As PISVF
focuses its investments mainly in the domestic market, the fund offers investors an
opportunity to capitalise on Malaysia’s resilient economic growth prospects in the
medium to long-term. The performance of selected Shariah-compliant sectors of the
Malaysian economy is expected to remain supported by sustained consumer and
investment spending over the longer term.”
PISVF allows investors the opportunity to participate in a diversified portfolio of
Shariah-compliant blue chip stocks, growth stocks and fundamentally undervalued
stocks which distribute or have the potential to distribute reasonably attractive
dividends. Due to the sharp retracement in equity markets at the end of 3Q2011 on
concerns over the slowing pace of global economic growth and the European
sovereign debt crisis, selected stocks listed on the domestic equity market are
currently trading at below trend valuations and offer attractive investment
opportunities for medium- to long-term investors.
To achieve increased diversification, the fund may also invest up to 30% of its net
asset value (NAV) in selected foreign markets which include Singapore, Taiwan,
South Korea, Japan, Hong Kong, Thailand, Indonesia, Philippines, Luxembourg and
other permitted markets.
The initial issue price of PISVF is RM0.2500 per unit during the 16-day initial offer
period from 15 to 30 December 2011. The minimum initial investment is RM1,000
and the minimum additional investment is RM100. During the offer period, special
promotional service charge of 5% of initial issue price per unit are extended to the
purchase of units of PISVF. Investors who opt for Direct Debit Instruction with
PISVF 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.
PISVF 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 funds.
Public Mutual is Malaysia’s largest private unit trust company with 91 funds under
management. It has 2.6 million accountholders and as at 31 October 2011, the total
net asset value of the funds managed by the company was RM43.7 billion.
0 comments:
Post a Comment