Public Mutual Property and Resorts Fund
Public Bank’s wholly owned subsidiary, Public Mutual will be launching two new funds on 10 July 2007, which are Public Far-East Property & Resorts Fund (PFEPRF) and Public Islamic Select Bond Fund (PISBF). PFEPRF is an equity fund to achieve capital growth over the medium-to long-term period by investing in property investment and development, hotel and resorts development, and real estate investment trusts (REITs) in domestic and regional markets.
Launching at a NAV of MYR 0.25 per unit, PFEPRF is suitable for moderate investors who can expect longer periods of market highs and lows in capital growth. During the 21-day initial offer period from 10 July 2007 to 30 July 2007, a promotion service charge of 5.45% of NAV per unit is levied. The minimum initial investment for the fund is MYR 1k and the minimum top-up is MYR 100.
January 13th, 2008 at 8:57 am
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October 5th, 2008 at 5:53 pm
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November 1st, 2008 at 11:46 pm
[...] A:Assume that investor would like to invest MYR 10k into PFEPRF during offer period excluding service charge which the NAV is RM0.25 and the service charge is [...]