Public Bank is launching three new funds on 6 Sept 2011, namely PB Asia Emerging Growth Fund (PBAEGF), PB Bond Fund (PBBOND) and PB Sukuk Fund (PBSKF).
PBAEGF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing primarily in stocks of emerging smallto medium-sized companies in domestic and regional markets.
PBBOND is a bond fund that seeks to provide annual income through investments in fixed income securities and money market instruments.
PBSKF is an Islamic bond fund that seeks to provide annual income through investments in sukuk and Islamic money market instruments.
The initial issue price of PBAEGF is RM0.2500 per unit, while PBBOND and PBSKF prices are both RM1.00 per unit during the 21-day initial offer period from 6 to 26 September 2011. The minimum initial investment for all three funds is RM1,000 and the minimum additional investment is RM100 . During the offer period, special promotional service charges as low as 5.00% of the initial issue price per unit are extended to the purchase of units of PBAEGF. Investors who opt for Direct Debit Instruction with PBAEGF 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.
For more details, visit www.publicmutual.com.my