Public Mutual launches its first consumer themes fund

Public Bank’s wholly-owned subsidiary, Public Mutual launches its first Far-East consumer themes fund, Public Far-East Consumer Themes Fund (PFECTF) on 8 January 2008 (Tuesday). PFECTF allows investors to tap into the growth potential of rising consumer spending in the Far-East markets.

The issue price / net asset value (NAV) of PFECTF is at RM0.2500 per unit during the 21-day initial offer period of 8 January 2008 to 28 January 2008. During the offer period, a special promotional service charge of 5% of NAV per unit is extended to the purchase of units of PFECTF by investors. Investors who opt for Direct Debit Instruction with PFECTF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the Direct Debit is active. Terms and conditions apply. The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100.