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Public e-Ataraxia Mixed Asset Fund
Public Bank’s wholly-owned subsidiary, Public Mutual, is launching a new fund named Public e-Ataraxia Mixed Asset Fund (PeAXMAF) on 23 May 2023.
PeAXMAF is the first mixed asset (conservative) fund offered under the Public e-Series of Funds, and aims to achieve capital growth over the long term through a conservative mixed asset allocation strategy. The Fund will invest 60% to 75% of its net asset value (NAV) in bonds or other forms of securitised debt and up to 35% of its NAV in shares or securities equivalent to shares, primarily in companies which may stand to benefit from prevailing economic conditions and/or changes in the economic cycles in both the domestic and foreign markets. Meanwhile, the balance will be invested in money market instruments and deposits.
Additionally, the Fund also has the flexibility to diversify up to 35% of its NAV to the foreign markets, allowing the Fund to tap into the broader array of investment opportunities available globally.
“By investing in PeAXMAF, investors can enjoy portfolio diversification as well as a lower volatility of returns compared to conventional equity funds as the Fund invests in the bond markets amid the prospect of a peaking in global and domestic interest rates, while also capitalising on opportunities in the equity markets as most major markets are still trading below their long-term average valuations,” said Public Mutual’s Chief Executive Officer, Mr Chiang Kang Pey.
The Fund is available exclusively online via our Public Mutual Online (PMO) platform with minimum initial and additional investment amounts of only RM100 and a sales charge of 3.75% of NAV per unit. The initial issue price for PeAXMAF is RM0.25 per unit during the 21-day initial offer period from 23 May to 12 June 2023.
In conjunction with our Awards Celebration Campaign 2023 from 15 May 2023 to 30 September 2023, investors will stand a chance to walk away with a brand new Toyota Corolla Cross, gold coins/bars and other attractive prizes when they invest during the campaign period. Terms and conditions apply. Please click here for detailed information about the campaign.
All statements of transactions, investments and reports regarding PeAXMAF will be made available online to unitholders. For more details on 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 170 funds under its management. Recently, the Company emerged as the biggest winner at Refinitv Lipper Fund Awards 2023, receiving 19 individual Fund Awards. Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 31 branches/customer service centres nationwide.
Investors are advised to read and understand the contents of the Prospectus of Public e-Ataraxia Mixed Asset Fund dated 23 May 2023 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 click here for our investment disclaimer.