Glossary

No	Abbreviation	Full terms	Definitions
1	AUM	Assets Under Management	Assets under management (AUM) is the total market value of the investments that a person (portfolio manager) or entity (investment company, financial institution) handles on behalf of investors.
2	CMSA	Capital Markets and Services Act 2007	An Act to consolidate the Securities Industry Act 1983 [Act 280] and Futures Industry Act [Act 499] to regulate and provide for matters relating to the activities, markets and intermediaries in the capital markets, and for matters consequential and incidental thereto.
3	CRP	Customer Referral Programme	The Customer Referral Programme (CRP) is a programme for existing investors to refer their friends and family members to take the first step towards building a better financial future with Public Mutual.
4	DDA	Direct Debit Authorisation	Direct Debit Authorisation (DDA) is an authorisation to the bank of the investors' choice to transfer a predetermined amount of money at a fixed interval to the unit trust fund of his/her choice.
5	EPF-MIS	EPF Members Investment Scheme	A scheme that allows EPF members to transfer a portion of their savings for investments into unit trusts.
6	ERA	Emergency Reserve Account	An emergency fund account designated as a financial safety net to protects investors from life’s unexpected events such as sudden medical expenses or the unexpected loss of a major source of income. Investors can designate a new Public e-Cash Deposit Fund (PeCDF) or Public e-Islamic Cash Deposit Fund (PeICDF) account as their Emergency Reserve Account (ERA) to build their emergency funds.
7	ESG	Environmental, Social and Governance	ESG stands for Environmental, Social and Governance. ESG factors are a set of non-financial metrics that are increasingly being used to assess the sustainability and long-term value of companies.
8	FAQ	Frequently Asked Questions	-
9	MGQP	Mutual Gold Qualifying Points	Mutual Gold Qualifying Points (MGQPs) are reward points used to qualify our investors for various tiers of Exclusive Privileges.
10	NAV	Net Asset Value	The value of the underlying investments held in the portfolio of a Unit Trust Scheme (UTS) (based on the last quoted sale or mid-market prices), together with other assets, less liabilities. When divided by the number of units in circulation, the result is the Net Asset Value (NAV) of the UTS per unit (quoted in Ringgit). It is the point of reference used in determining the selling or repurchase price of a unit in a UTS.
11	PBTSB	PB Trustee Services Berhad	PB Trustee Services Berhad (PBTSB) is a trust company with over 50 years of practical experience in providing a broad range of corporate and retail services. PBTSB provides full-fledged trustee services for unit trust schemes, prescribed investment schemes, corporate bonds and sukuk issuances, interest schemes, e-Money, Merchant Acquiring, escrow agents, stakeholders, custodians, will / wasiat writing as well as estate and trust administrations.
12	PHS	Product Highlights Sheet (PHS)	The Product Highlights Sheet (PHS) is a clear and concise document which highlights the salient information of an unlisted capital market product to facilitate product comparison and enable the investor to make an investment decision. The contents of a PHS includes the brief description of the product, key characteristics of the product, risks associated with the product, fees and charges payable by the investors, valuation information, means of exiting the investment, and information as to where disputes or complaints can be referred to (i.e. SIDREC).
13	PMO	Public Mutual Online	Public Mutual Online (PMO) is an online facility which allows investors to perform their investment requests and account enquiries anytime, anywhere.
14	PRS	Private Retirement Scheme	The Private Retirement Scheme (PRS) is a voluntary long-term savings and investment scheme designed to help contributors save more for their retirement.
15	RCA	Ringgit Cost Averaging	Ringgit Cost Averaging (RCA) is a long-term investment strategy where investors invest a fixed amount of money in an investment vehicle on a regular basis, regardless of its price; thereby reducing the risk associated with investing a single large sum while lowering the average cost of investment by accumulating more units when prices are low and less units when prices are high.
16	REIT	Real Estate Investment Trusts	Real Estate Investment Trusts (REITs) invest in income-producing real estate across a range of property sectors (e.g. offices, retail centres, apartment buildings, warehouses, medical facilities, data centres, cell towers, infrastructure and hotels) – providing investors with an opportunity to participate in the property market in a way that is normally not accessible to the average layperson. By acquiring units in a listed REIT, it is possible to invest a small amount to gain exposure to property assets and dividend-based income while providing diversification benefits to an investor’s portfolio.
17	RIA	Regular Investment Authorisation	Regular Investment Authorisation (RIA) is a facility that allows investors to switch zero-load, low-load, 0.65%-load, 1%-load, partial-load and loaded units from their bond / fixed income / money market fund accounts to equity / mixed asset / balanced funds at pre-determined intervals.
18	RII	Regular Investment Instruction	Regular Investment Instruction (RII) is a facility that allows investors to perform monthly switching of zero-load, low-load, 0.65%-load and 1%-load units of their bond / fixed income / money market funds to equity / mixed asset / balanced funds.
19	RWP	Regular Withdrawal Plan	Regular Withdrawal Plan (RWP) is a facility that allows investors to redeem units of their accounts at regular intervals to fund their expenses.
20	SA	Suitability Assessment	The Suitability Assessment (SA) is a guide in helping investors identify the various risk categories of Unit Trust / Private Retirement Scheme (PRS) funds that suit their age, level of knowledge, investment experience, investment objective, risk tolerance, investment time horizon and financial profile.
21	SC	Securities Commission Malaysia	Securities Commission Malaysia (SC) was established under the Securities Commission Act 1993 and is the self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market. The SC has direct responsibility for rule-making, enforcing regulations pertaining to the capital market, ensuring sustainable market growth and development, supervising capital market activities and market institutions including the exchanges, clearing houses and registered market operators, and regulating all entities and persons licensed under the Capital Markets and Services Act 2007.
22	SI	Standing Instruction	A scheduled payment order / instruction set by a bank accountholder to ensure a set amount is transferred at regular intervals to another account (e.g. loan, bill, investment or credit card).
23	SRI	Sustainable and Responsible Investment	Sustainable and responsible investment (SRI) is a key strategy and priority for the development of the Malaysian capital market (as outlined in the SC’s CMP3, published in 2021; and the SRI Roadmap, published in 2019). SRI funds incorporate sustainability considerations and adopt Environmental, Social and Governance (ESG) integration, ethical and faith-based investing, impact investing, negative screening, positive screening, thematic investments, and any other ESG-related strategies, as may be authorised by the SC.
24	SRR	Scheduled Redemption Request	This facility enables investors to receive regular payouts at pre-determined amounts and intervals, while their remaining investments continue to grow.
25	UCG	University Cost Guide	The University Cost Guide (UCG) is an e-booklet which provides estimated tuition fees and living expenses of selected local and foreign universities for investors to estimate their children's future education costs and gauge how much they will need to save and invest now.
26	UTC	Unit Trust Consultant	A “Unit Trust Scheme Consultant” or “UTS Consultant” refers to an individual who is duly registered with the Federation of Investment Managers Malaysia (FIMM) to market and distribute the Unit Trust Schemes.