Public Mutual Declares RM141m Dividend

2017-04-12T11:44:44+00:00By |Unit Trust|0 Comments

Public Mutual Declares RM141m Dividend for 14 funds for financial year end June 30, 2016

Public Mutual

pmf-2016-06-30

EPF Members Investment Scheme

  • PB Growth Fund
  • PB Balanced Fund
  • PB Infrastructure Bond Fund
  • PB Islamic Bond Fund
  • PB Cash Management Fund
  • Public Islamic Savings Fund
  • Public Islamic Money Market Fund

PB series of funds are distributed by Public Bank

Public series of funds are distributed by PMF UT consultants

 

About PMF

  • Largest market share for retail funds (49.6%)
  • Largest market share for PRS (41.9%)
  • Total net asset value (NAV): RM66.9b
  • Total funds: 121
  • 32 customer service centres/branches
  • 23 fund managers & 30 research analysts
  • All funds managed in-house

FAQ

Q: Does this mean that the other funds from PMF are not performing?
A: Not necessarily. Only 14 funds with the financial year end of June 30th are declaring dividends. Other dividend announcements are at other times.

Q: Would you recommend investing in UT?
A: UT performance was very good especially in the early years (i.e. 90s). However, investors face challenges in Malaysia with high charges upon buying (3-6%) & annual charges (1-2%) that reduce returns. A personalized recommendation would be upon meeting with the individual. In general though, you may consider investing using EPF funds & for PRS for tax/youth incentive purposes. There also exists discount brokerages for most funds (not including PMF) that charge lower fees. Controversially to some, we opinion that UT investments are high risk & arguably riskier than investing in shares.

 

MyPF
Follow Us

MyPF

Admin at MyPF
Helping you to simplify and grow your Personal Finances.

Follow MyPF.my to get the latest Personal Finances updates and insights!
MyPF
Follow Us

Leave A Comment