Pacific Mutual launched the new Pacific Advantage GDP Momentum Fund on 3rd September. The fund size is 600 million (RM 300 million) at 50 sen per unit. The service charge during the offer period would be 5%.

The fund is also distributed at all HSBC branches, nationwide.

Chief executive officer and chief investment officer Michael Auyeung told StarBiz the fund?? uniqueness was that it searched beyond traditional stock market valuations and index-weighted methods to build its portfolio.

??he fund will analyse and take into consideration the GDP size and growth momentum of countries and regions it invests in, rather than merely looking at market value or capitalisation,?? he said.

Source: The Star Online

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