Sustainable Investing Through a Concentrated Portfolio
Public Bank’s wholly-owned subsidiary, Public Mutual, is launching a new fund named Public e-Wholesale Sustainable 20 Fund (PeWS20F) on 5 July 2022.
PeWS20F is the first wholesale fund offered under the Public e-Series of Funds aimed at achieving capital growth over the long-term period by investing in stocks of companies listed on global markets which incorporate sustainability considerations, i.e. environmental, social and governance (ESG) factors, into their business practices.
“PeWS20F will adopt a concentrated portfolio by focusing on a maximum of 20 stocks, with exposure to a single stock of up to 20% of the Fund’s net asset value (NAV). This strategy allows the Fund to take concentrated positions in selected companies with positive long-term prospects and resilient earnings growth,” said Public Mutual’s Chief Executive Officer, Ms Yeoh Kim Hong.
The Fund will invest 75% to 98% of its NAV in equity and equity-related securities globally, with the balance to be invested in fixed income securities and liquid assets.
The Fund is specifically designed for sophisticated investors who are interested in sustainable investments and are able to endure a higher volatility of fund returns in pursuit of capital growth over the long term. A sophisticated investor refers to any person who falls within any of the categories of investors set out in Part 1, Schedules 6 and 7 of the Capital Markets & Services Act (CMSA) 2007. These include, but are not limited to, an individual with a gross annual income exceeding RM300,000 or RM400,000 (jointly with his or her spouse) in the preceding 12 months.
The Fund is available exclusively online via our Public Mutual Online (PMO) platform with minimum initial and additional investment amounts of RM5,000 each and a sales charge of 2.00% to 3.75% of NAV per unit. The initial issue price for PeWS20F is RM1.00 per unit during the 21-day initial offer period from 5 to 25 July 2022.
In addition, all investors can join our Awards Celebration Campaign 2022 and stand a chance to win RM100,0001 or other prizes2 for every RM3,000 invested cumulatively into our unit trust / Private Retirement Scheme (PRS) funds during the campaign period from 1 July to 31 October 2022. Meanwhile, Mutual Gold/Mutual Gold Elite/Mutual Platinum members will earn one special draw entry for every RM30,000 invested cumulatively into our unit trust / PRS funds and hence stand a chance to win 2 Business Class Flight Tickets + 4D3N 5-Star Hotel Stay or other prizes2. 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 regarding PeWS20F will be made available online to unitholders. For more details of the Fund, please get in touch with 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.
1 In terms of Public e-Cash Deposit Fund (PeCDF) / Public e-Islamic Cash Deposit Fund (PeICDF) units.
2 Subject to terms and conditions.
Investors are advised to read and understand the contents of the Information Memorandum of Public e-Wholesale Sustainable 20 Fund dated 5 July 2022 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 with investing in the fund. A copy of the Information Memorandum 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.