Launching of Public Mutual's PUBLIC REGIONAL SECTOR FUND (PRSEC)
Fund Objective: To seek long-term capital appreciation by investing in selected market sectors.
Launch Date: 21 Mar 2006
Offer Price: RM 0.25
Offer Period: 21 MAR - 10 APR 2006
BONUS: 1% FREE UNITS
Approved Fund Size : 1.5 Billion units (RM 375 Million)
Asset Allocation : 75% - 90%
A minimum of 50% & up to a maximum of 90% of the fund's NAV can be invested in selected regional markets.
The fund manager may lower or increase the equity exposure of the fund below or above the range based on the outlook for the regional
equity market which include:
SINGAPORE
CHINA
JAPAN
SOUTH KOREA
HONG KONG
TAIWAN
INDONESIA
THAILAND
PHILIPPINES
The fund will invest in a maximum of 6 sectors but will maintain its investment in a minimum of 3 sectors at all times.
Remaining funds will be invested in fixed income securities and money market instruments.
A minimum of 2% will be held in liquid assets.