Be Part of the Solution. Reduce Your Carbon Footprint
Public e-Carbon Efficient Fund
Public Bank’s wholly-owned subsidiary, Public Mutual, is launching a new fund named Public e-Carbon Efficient Fund (PeCEF) on 9 February 2021.
PeCEF aims to invest primarily in companies with efficient carbon footprints1 which are component stocks of a global Environmental, Social and Corporate Governance (ESG) index. The Fund may target to invest in sectors including technology, healthcare and consumer sectors that are well-positioned for earnings growth while registering low carbon emissions or demonstrating a clear carbon reduction strategy. In order to achieve long-term capital growth, the Fund will invest 75% to 98% of its net asset value (NAV) in equities globally with the balance invested in liquid assets.
Rising levels of carbon in the atmosphere have been one of the leading contributors to global warming. The Paris Agreement sets out a global framework to limit global warming to below 2.0 degrees Celsius and aims to achieve a carbon-neutral world by 2050. Given the global transition to a low-carbon economy, investing in carbon-efficient companies will help reduce or eliminate the risks associated with climate-related regulatory changes.
In fact, many leading global companies have invested in renewable energy infrastructure, clean technology and resource efficiency tools, as they recognise that environmental responsibility will not only create a good corporate image, but also offer competitive advantages in areas such as improved efficiency, greater innovation and better alignment with stakeholder values. Hence, PeCEF provides environmentally-conscious investors the opportunity to align their investments with their values by reallocating their investment portfolios away from carbon-intensive companies towards more environmentally-efficient firms.
The Fund is available exclusively online via our Public Mutual Online (PMO) platform with a minimum initial and additional investment amount of only RM100 and the sales charge is as low as 3.75%. The initial issue price for PeCEF is RM0.2500 per unit during the 21-day initial offer period from 9 February to 1 March 2021.
In addition, the first 100 new investors2 who enrol via digital onboarding and invest at least RM3,000 per transaction into PeCEF through online investment during the campaign period will receive an additional 300 units of PeCEF. All qualified investors will also receive one lucky draw entry and stand a chance to win up to 10,000 additional units of the Fund. Interested investors may find out more about the campaign at www.publicmutual.com.my. Terms and conditions apply.
All statements of transactions, investments and reports of PeCEF are made available online to unit holders. For more details of the fund, you can contact Public Mutual’s unit trust consultants (UTCs) or visit any Public Mutual or Public Bank branch nationwide.
Public Mutual is Malaysia’s largest private unit trust company with more than 160 funds under its management. It is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 31 branches/customer service centres nationwide. As at end-December 2020, the fund size managed by the Company was RM100.3 billion.
1 Refers to companies that have lower levels of carbon emissions relative to peers within a particular industry.
2 New investor is defined as an investor (based on first holder's NRIC and no-repeated) who has never invested with Public Mutual before.
Investors are advised to read and understand the contents of the Prospectus of Public e-Carbon Efficient Fund dated 9 February 2021 and the fund’s Product Highlights Sheet (PHS) before investing. Investors should understand the risks of the fund and compare and consider the fees, charges and costs involved in investing in the fund. A copy of the Prospectus and PHS can be viewed at our website www.publicmutual.com.my. Investors should make their own assessment of the merits and risks of the investment. If in doubt, investors should seek professional advice. Please refer to www.publicmutual.com.my for our investment disclaimer.