First real estate fund from Public Mutual Berhad.
Public Bank will launch its first Asia real estate fund, PB Asia Real Estate Income Fund (PBAREIF) on 18 December 2007. PBAREIF offers investors the opportunity to participate in the growth prospects of Asia’s property sector and real estate investment trusts (REITs).
PBAREIF which is managed by Public Mutual, comes with free insurance coverage of up to RM100,000 per qualified unitholder. Terms and conditions apply.
PBAREIF is suitable for conservative to moderate investors with a preference for regular income and a respectable level of capital growth. During the 21-day initial offer period of 18 December 2007 to 7 January 2008, the issue price / NAV of PBAREIF is at RM0.2500 per unit with a promotional service charge of 5.45% of NAV per unit
Source: www.publicmutual.com.my
You can invest into PBAREIF in any Public Bank branches near you.
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