Public Mutual is lunching a brand new fund named Public Islamic Alpha-40 Growth Fund on 16 November 2010. The fund is intended to invest in 40 choice stocks and build a nest for capital growth. It is also aim to achieve capital growth by investing in up to a maximum of 40 stocks which comply with Sharish requirements, achieve increased diversification in which the fund may invest up to 30% of its NAV in selected foreign markets which include Singapore, Taiwan, South Korea, Japan, Australia, New Zealand, Hong Kong, China, Thailand, Indonesia, The Philippines and other markets. The equity exposure is generally range from 75% TO 98% of its Net Asset Value (NAV).
PIA40GF is suitable for investors with Aggressive Risk-Reward temperament. The initial issue price is on RM 0.25 per unit during offer period which begins on 16 November 2010 to 6 December 2010. Investors may also entitle to enjoy Special Services Charge Offers accordingly to their Investment Amount per Transaction.
- 5.00% Service Charge for RM10000 and above per Transaction
- 5.25% Service Charge for RM5000 to RM 9999 per Transaction
- 5.25% Direct Debit Instruction (DDI) submitted during Offer Period, as long as the Direct Debit is Active.
