2 more up and coming fund from Public Mutual Berhad- PB Asean Dividend Fund (PBADF) and PB Islamic Cash Management Fund (PBICMF). PBADF’s 1% free unit offer is valid till 28th May.
PBADF is a moderate-risk equity income fund that seeks to provide income by investing in a portfolio of stocks in domestic and regional markets.
Up to 70 per cent of the fund’s net asset value (NAV) can be invested in selected regional markets including Singapore, Indonesia, Thailand, the Philippines and Vietnam. The equity exposure of PBADF will generally range from 75 per cent to 95 per cent of its NAV.
PBICMF is an Islamic money market fund that is actively managed to provide liquidity and current income, while maintaining capital stability by investing in instruments that comply with Syariah requirements.
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