Sertai Kami Sebagai Seorang Perunding Unit Amanah

Manfaat:

• Potensi pendapatan yang tidak terhad
• Waktu kerja yang fleksibel
• Menikmati percutian luar negara secara percuma
• Pembangunan dari segi peribadi dan profesional
• Peluang menjadi pengurus dalam bisnes muti-bilion ringgit
• Potensi meluas dalam industri unit amanah di Malaysia
• Pelbagai insentif yang menarik iaitu subsidi, latihan, bonus, anugerah, pengiktirafan awam dan banyak lagi.

Untuk mendapatkan maklumat lanjut:

• Hubungi perunding unit amanah Public Mutual (mohafan@yahoo.com)
• Kunjungi laman web: http://www.publicmutual.com.my/

Public Mutual declares distributions for 3 funds - Dis 2009

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for three of its funds. The total gross distributions declared for the financial year ended 31 December 2009 are as follows:

Fund	Gross Distribution / Unit
Public Savings Fund	8.00 sen per unit
Public Focus Select Fund	0.75 sen per unit
Public Islamic Enhanced Bond Fund	2.00 sen per unit

Public Mutual Chief Executive Officer Ms. Yeoh Kim Hong said Public Savings Fund, which was launched in 1981, is the company’s maiden fund. The fund aims to achieve long-term capital appreciation while at the same time producing a reasonable level of income. “According to The Edge-Lipper Fund Table dated 14 December 2009, Public Savings Fund generated a one-year return of 46.08% for the period ended 4 December 2009,” she said.

Public Focus Select Fund, which was launched in 2004, generated a one-year return of 45.49% for the period ended 4 December 2009. This fund aims to achieve capital growth through investments in medium-sized companies in term of market capitalisation from diversified economic sectors.

Meanwhile, Public Islamic Enhanced Bond Fund was launched in 2006 and recorded a one-year return of 10.26% for the same period. As a Shariah-based bond fund, it aims to provide a combination of annual income and modest capital growth primarily through a portfolio allocation across Islamic debt securities and equities that comply with Shariah requirements.

Public Mutual is Malaysia’s largest private unit trust company with 72 funds under management. It has over 2,000,000 accountholders and as at 30 November 2009, the total net asset value of the funds managed by the company was RM34.7 billion.

How to choose unit trust funds

Unit trust funds offer an attractive alternativeto retail investors, especially those looking for the benefit of diversification with a small pool of capital while enjoying the possibility of earning higher returns compared with conventional savings.

However, a lot of people have the misconception that the diversification nature of these funds means that the risk of investing in unit trust is low and they can just close their eyes and simply pick any of the funds that come along.

This misconception has led to many paying high prices in learning that as in any type of investments, investing in unit trust funds requires some basic understanding and research before we commit our hard earned money to it.

In general, we can classify the unit trust funds in the market into two major categories: income funds and growth funds.

• Income funds usually are characterised as providing consistent income to the investors. These funds invest in income-producing stocks or bonds or a combination of both. Bond funds, equity income funds and money market funds are included in this category.
• Growth funds generally are more aggressive than income funds but have the possibilityof earning higher returns by focusing on the objective of long-term capital appreciation rather than income producing or short-term gain. Examples of growth funds are small-cap funds, commodity funds, index funds and gold funds.

Before we start evaluating the funds to invest in, there are two main considerations whish are our investment objectives and risk tolerance level.

Every investor invests for his own purpose. If you are investing for your retirement and are already close to retirement age, you should look for income funds that are more predictable.

Once we are clear on what we are looking for in the investment, we can narrow down our selection to either income or growth category and move to the next step of identifying the most suitable funds within the selected category.

Here are a few key factors to look into when evaluating unit trust funds:

• Investment strategy, policy and holdings: Every fund has its own investment profile. Investors should have a clear understanding of the investment strategy taken in each fund that they are considering to ensure it is consistent with their personal investment objective and risk tolerance level.

Even the funds within the same category may have significant differences in risk exposure due to the difference in the investment holdings.

For example, the risk exposure in large-cap growth companies is definitely much lower than for penny stock funds.

• Past performance: Investors may look into the past performance trend of the fund to gauge its future performance.

However, do bear in mind that good past performance may not be repeated in the future and we should not be overlay excited to see one year of good results if the fund is only newly established.

A good fund should be the one that has been consistently out-performing its peers, be it during good or bad times.

• Cost: Investors must be aware that when they buy or sell the funds, there are fees and expenses embedded in every transaction.

          For example, the expense ratio of a small fund tends to be higher than a large fund while a regional or global fund usually will carry higher costs compared with a domestic fund.

• Fund Management: The fund management is very important to ensure continuity and consistent performance.

If a fund changes management too frequently, it will be very difficult for us to gauge the performance of the fund as different managers will have different styles which may affect the performance of the fund.

For example, if the manager tends to have higher portfolio turnover, then the expense ratio of the fund may increase even though the nature of the fund holdings remains the same.

By having good understanding of the above factors, we may be able to make meaningful comparisons among funds that we are interested in to identifying the ones that suit us most.

• Ooi Kok Hwa (ooi_kok_hwa@hotmail.com) is an investment adviser and managing partners of MRR Consulting - Personal Investing @ Starbiz, Wed 16 Dec 2009, News

Public Mutual declares distributions for 4 funds - Nov 2009

Public Bank’s wholly-owned subsidiary, Public Mutual, declares distributions for four of its funds. The total gross distributions declared for the financial year ended 30 November 2009 are as follows:

                       Fund                                   Gross Distribution / Unit

• Public Far-East Dividend Fund              0.25 sen per unit
• Public Select Alpha-30 Fund                 0.75 sen per unit 
• Public Islamic Sector Select Fund          0.50 sen per unit
• Public Islamic Balanced Fund                0.25 sen per unit

 

Public Mutual Chief Executive Officer Ms. Yeoh Kim Hong said that the above funds have performed well and managed to deliver respectable double digits returns for the period ended 6 November 2009.

According to The Edge-Lipper Fund Table dated 16 November 2009, Public Far-East Dividend Fund generated a one-year return of 45.53% for the period ended 6 November 2009. At the same period, Public Select Alpha-30 Fund, which was launched in April this year, generated a six-month return of 24.27%.

Public Islamic Sector Select Fund, which was launched in November 2007, generated a one-year return of 33.70% for the period ended 6 November 2009. This fund is open for EPF Members Investment Scheme.

Meanwhile, Public Islamic Balanced Fund recorded a one-year return of 21.45% for the period ended 6 November 2009.

 Public Mutual is Malaysia’s largest private unit trust company with 72 funds under management. It has over 2,000,000 accountholders and as at 31 October 2009, the total net asset value of the funds managed by the company was RM34.3 billion.