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Public Mutual Launches Public U.S Equity Fund

13 Nov 2018
Public Mutual launched a new fund, Public U.S Equity Fund (PUSEQF) on 13 November 2018 which capitalises on the U.S growth prospects. The fund is positioned to benefit from the resilient U.S economic growth as it invests 75% of its net asset value (NAV) primarily in equities in the United States of America. It will predominantly focus its investment portfolio on index stocks, blue chip and growth stocks in the U.S equity market.
 
PUSEQF is suitable to be utilised as an investment instrument to encourage investors to save for their children’s education in the U.S – based universities. The Fund’s potential returns would enormously help to mitigate the effects of inflation on future educational costs, while the Fund’s investments in the U.S market (which are denominated in U.S dollars) would help to hedge against fluctuations in the Ringgit-versus-U.S dollar exchange rate.


Public U.S Equity Fund (PUSEQF) is positioned to benefit from the resilient U.S economic growth as it may invest up to 98% of its net asset value (NAV) in foreign assets.