New Fund: PB Growth Sequel Fund
Public Bank is launching a new fund, PB Growth Sequel Fund (PBGSQF) on 15 November 2011. PBGSQF is an equity fund that invests in a diversified portfolio of primarily Malaysian equities to achieve capital growth over the medium- to long-term period. PBGSQF is managed by Public Bank’s wholly-owned subsidiary, Public Mutual.
Fund Specific Benefits
PBGSQF provides investors the opportunity to participate in the medium- to long term growth potential of the equity market through investments in a diversified portfolio of index-linked companies, blue chip stocks and companies with healthy growth prospects that are listed on Bursa Securities.
PBGSQF will invest in companies with reasonable earnings growth prospect over the medium- to long-term to maximize the growth potential of the fund. Some of the sectors that the fund would focus on include financial, communications, industrial and consumer sectors.
What is the Asset Allocation?
To achieve increased diversification, PBGSQF may invest up to 30% of its net asset value (NAV) in selected foreign markets which include Singapore, Taiwan, South Korea, Japan, Hong Kong, China, Thailand, Indonesia, Philippines, Luxembourg and other permitted markets.
The equity exposure of PBGSQF will generally range from 70% to 98% of its NAV. PBGSQF is suitable for investors who wish to participate in the medium to long-term growth potential of companies listed on Bursa Securities.
What else should I know?
The Fund may also invest in equity linked Participation Notes for selected regional stocks listed on the Luxembourg Stock Exchange. Equity linked Participation Notes are instruments designed to track designated securities. The movement of these notes are similar to the underlying shares listed in their respective markets. These Notes are issued by international foreign broking houses for investment by investors who are not able to invest directly in the underlying foreign shares.
Other than that, the Fund may also invest in:
- listed warrants and options (if any) to enhance its returns.
- unlisted equities with attractive potential returns, particularly in companies that are expected to seek listing on the Bursa Securities or selected regional markets within a time frame of two years.
- collective investment schemes both in the domestic or selected regional markets.
- fixed income securities such as sovereign bonds, corporate debt and money market instruments to generate returns.
Source: Public Mutual
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