PB China Pacific Equity Fund
Public Bank will launch its first China fund, PB China Pacific Equity Fund(PBCPEF) today which is 23 October 2007. PBCPEF will invest mainly in China stocks and the balance in North Asian markets such as Japan, Korea and Taiwan. PBCPEF is suitable for aggressive investors who can take risk of market highs and lows to achieve medium to long-term capital growth for their investments.
The Chinese economy is projected to grow consistently at 11.2% for 2007 and 10.6% for 2008. Meanwhile, gross domestic product growth for South Korea and Taiwan is projected at above 4% for 2007/2008 as global demand for electronic products.
The issue price / NAV of PBCPEF is at MYR 0.25 per unit during the 21-day initial offer period of 23 October 2007 to 12 November 2007. During the offer period, a special promotion service charge of 5.45% of NAV per unit is levied. Investors who opt for Direct Debit Instruction with PBCPEF during the offer period will also enjoy the special promotion service charge. The minimum initial investment for the fund is MYR 1k and the minimum additional investment is just MYR 100.
October 23rd, 2007 at 1:29 am
PB version of PCSF
PB also want to have a piece of cake
October 23rd, 2007 at 1:30 am
Too bad that it’s a PB series fund.
PCSF: investing in a portfolio of investments in the greater China region namely in Hong Kong, China and Taiwan markets and including China based companies listed on overseas markets.
PBCPEF: in a portfolio of investments in the greater China region namely in Hong Kong, China and Taiwan markets and including China based companies listed on overseas markets
October 23rd, 2007 at 1:31 am
Wat’s the diff b/w tis 2 funds, bside than 1 is PB & another was PM… ??
Mind xplain a bit? thanks~
October 23rd, 2007 at 1:31 am
IS this fund reliable? Recently i just sold off my PFEDF and earned around 10%. Am looking for another fund to buy.
October 23rd, 2007 at 1:31 am
Me too… earned around 40%, now lookin 4 another new potential fund
October 23rd, 2007 at 1:32 am
Has the prospectus release?
May 6th, 2008 at 10:04 am
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