Looking good on the long-term growth potential Asia Pacific region, Public Bank is launching its equity fund, the PB Asia Pacific Enterprises Fund on March 8. Managed by Public Mutual, the fund will focus on companies with market capitalization of US$ 1 billion and above in domestic and Asia Pacific, through a diversified portfolio of companies.
By investing in mid-to-large corporations, investors would be better positioned to benefit from the resilient activities in the Asia Pacific region. These type of companies tend to perform better given their leading positions in their respective industries and established market shares, especially during challenging market conditions just as now.
What did Public Mutual's CEO said?
"After a strong rebound in 2009, global and regional equity markets continued their uptrend in 2010 amidst improving economic activities. Despite the recent spike in oil prices, regional equity markets are expected to remain underpinned by reasonable valuations and resilient economic growth prospects over the medium-to-long term."
Fund Features
- The fund may invest up to 98% in selected Asia Pacific markets
- Equity exposure: 75% - 98%
- Exclusively distributed by Public Bank
- Suitable for investors with aggressive risk-reward temperament
 |
| www.financemalaysia.blogspot.com |
Related Posts:
No comments:
Post a Comment
Finance Malaysia Blog appreciates your comment. Cheers!