Yin's diary: PUBLIC e-PIONEER ENTREPRENEUR FUND Public Mutual

Saturday, November 20, 2021

PUBLIC e-PIONEER ENTREPRENEUR FUND Public Mutual - Yin's Diary

PUBLIC e-PIONEER ENTREPRENEUR FUND

Disclaimer:
The contents of the fund mentioned are STRICTLY for information purposes ONLY. They DO NOT represent the views of Public Mutual Berhad. The contents are intended to introduce and promote the fund.
Kindly consult a Unit Trust Consultant before starting your investment. Investors are advised to read and understand the contents of the relevant Master Prospectuses, Supplemental Prospectuses, and 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 for professional advice. Please refer to www.publicmutual.com.my for our investment disclaimer.

Minimum investment of only RM100 via Public Mutual Online. Invests in a portfolio primarily consisting of pioneer entrepreneur stocks^, while up to 20% of net asset value (NAV) may be invested in other stocks. Invests 75% to 98% of NAV in equities globally. Public Bank’s unit Public Mutual launched its Public e-Pioneer Entrepreneur Fund (PePEF) which will invest primarily in a portfolio of pioneer entrepreneur stocks. Public Mutual’s CEO Yeoh Kim Hong said PePEF will invest primarily in founder-led companies which tend to benefit from better innovation, greater adaptability and long-term sustainability. “Investors who seek to venture alongside such founder-led companies may invest into PePEF to achieve capital growth over the long term,” she said. The fund’s main criteria is that the founder of the company is part of the company’s management team and/or sits on the company’s board of directors at the point of purchase. To achieve diversification, up to 20% of its net asset value (NAV) may be invested in other stocks listed on global markets. The fund will invest 75% to 98% of its NAV in equities globally, with the balance to be invested in fixed income securities and liquid assets. The success of multiple innovative start-up companies over the past decades has cast the limelight on entrepreneurs and founders who have been the driving force behind such accomplishments. This success is strongly attributed to the founder’s passionate drive and ingenuity in delivering products and services that cater to the market’s changing needs. The fund is available exclusively online via its Public Mutual Online (PMO) platform with a minimum initial and additional investment amount of RM100 and a sales charge of up to 3.75% of NAV per unit.