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New Fund Launch: Pacific S&P Global STARS

I was attending the launch of Pacific Mutual’s latest fund yesterday at the Le Meridien Hotel at KL Sentral. Well, try not to park in there- First hour RM 6.00 and subsequent hours RM 4.00, and I don’t see any part of the car park being paved with gold.

The Edge Daily on Pacific S&P Global STARS…

“We believe we can achieve double-digit returns as the timing of the fund is quite fortuitous in that we are coming into the market after a correction,� its chief executive officer Michael Auyeung said.

The Star Biz…

“While take-up rate is not a major concern for us where this fund is concerned, we are confident it will be eagerly accepted by investors, especially since the Federal Reserve (Fed) has said it is likely to pause rate hikes,� Auyeung told a press conference after the launch yesterday.


The fund is primarily based on the S&P Stock Appreciation Ranking System (STARS), the Fund will invest in global stocks that are ranked 3 to 5-STARS, where 4 and 5-STARS are the rankings with what is believed to be the greatest potential to outperform their benchmarks over the coming 12 months.

Hence the objective is that by following this strategy the Fund seeks to generate good capital growth potential (see the chart below).

Pacific S&P Global Stars Fund

Now, let’s get into the key information of the fund:

Fund Profile: Pacific S&P Global STARS Fund is a fairly aggressive equity growth fund that invests in global investment markets.

Investment Objectives: Aims to provide capital growth and some income in the medium to long term by investing in a portfolio of global securities.

Investment Strategy: The Manager selects a portfolio of global securities that have good growth potential with minimum 75% of its equity holdings invested in stocks ranked as 3, 4 or 5-STARS in the S&P Stock Appreciation Ranking System (STARS).

Income Distribution: If any, once a year.

Unit Split: If any, once a year.

Financial Year End: 30th September

Well, that’s some overview of the latest fund from Pacific Mutual Fund Berhad. Feel free to drop me an enquiry for further information.




You might want to read these too... Comments
  • YS
    Bought the fund 2 days ago. The bank charge me about 3.5%, still a good deal compare to buying from agent. Anybody got any better deal to recommend?
  • Hi YS,

    Yup, if you are familiar with mutual fund investments and constantly keep track of your fund, that's definitely the way to go.

    However, for most investors, they would rather have a reliable agent who will handle the switchings and rebalancing of their portfolios for them, since that's the main reason they invest in mutual funds anyway- to save time and leave the paperwork to their agents.

    With S&P; as the external investment advisor, this Fund should perform pretty well. Let's hope for the best!
  • Dang
    I have a fren who is a financial advisor and he is asking me to invest in the pacific s&p mutual funds. Well i m quite new to this thing and after all much information was given by him i was abit of trying to get into it.
    Just to get a second thought, do you guyz think is a good choice to invest in this new funds? Coz i m not really sure whether to go ahead with it...
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