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PUBLIC SELECT MIXED ASSET GROWTH FUND (PSMAGF)
Fund Objective
To achieve capital growth over the medium to long-term period primarily through a portfolio allocation across equities and fixed income securities.
3-Year
Fund Volatility
12.8
moderate
Lipper Analytics
16 Jun 2021
Launch Date
16 October 2014
Performance of PSMAGF vs its Benchmark Index Over the Following Periods Ended 30/06/2021
PSMAGF (%) Benchmark (%) PSMAGF (%) Benchmark (%)
Total Return Annualised Return
24.14 2.26 24.14 2.26
28.46 -3.69 8.69 -1.24
40.06 -0.02 6.97 0.00
- - - -
45.29 -5.27 5.77 -0.81
*Source: Lipper, as at 30 Jun 2021
Performance of PSMAGF and Benchmark Index (Since Fund Commencement* to 30/06/2021)
Benchmark: A composite of 70% FTSE Bursa Malaysia KLCI and 30% 3-month Kuala Lumpur Interbank Offered Rates (KLIBOR)
* Commencement Date - 05 November 2014


  • Public Select Mixed Asset Growth Fund (PSMAGF or the Fund) adopts a mixed asset allocation approach whereby 40% to 70% of the Fund’s net asset value (NAV) is invested in equities to selectively capitalise on growth opportunities, while up to 60% of NAV may be invested in fixed income securities to obtain more stable returns. Up to 30% of the Fund’s NAV may be invested in the foreign markets.
  • As at 30 June 2021, 68.7% of PSMAGF’s NAV was invested in equities while 21.4% and 9.9% of NAV was invested in fixed income securities and money market instruments respectively. The Fund’s equity portfolio focused on sectors such as Financial, Communications, Industrial, Consumer and Technology in the Malaysia, U.S. and North Asian markets.
  • From its commencement on 5 November 2014 up to 30 June 2021, the Fund registered a total return of +45.29% to outperform its benchmark’s return of -5.27%. This outperformance was driven by the rise in Technology and healthcare-related stocks due to the continued digitalisation trend as well as the steady growth in demand for medical products and services.
  • For the 3-year and 5-year periods ended 30 June 2021, the Fund also registered respective returns of +28.46% and +40.06% to outperform its benchmark’s respective returns of -3.69% and -0.02%.
  • Going forward, the Fund will continue to pursue investment opportunities in the Technology sector, which is underpinned by the rising adoption of 5G, artificial intelligence, autonomous driving, electric vehicles and digital devices. The Fund will also look to invest in the Consumer and tourism-related sectors to capitalise on the rebound in consumer spending and the recovery in business activities amid the easing of lockdown restrictions and the rollout of vaccinations globally.


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