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Distribution and Sale of PB Vietnam Global 40 Fund (PBVG40F)

18 Sep 2020

Public Bank commenced distribution and sale of PB Vietnam Global 40 Fund (PBVG40F) under the PB Series of Unit Trust Funds managed by Public Mutual Berhad (PMB) on 18 September 2020.

Vietnam is an attractive destination for foreign direct investments (FDI) due to its business-friendly environment, attractive investment incentives and competitive labour costs. It is also a potential beneficiary of the relocation of production facilities amid the ongoing global trade tensions. Moreover, Vietnam is well-positioned for an economic recovery from the COVID-19 outbreak due to its early containment efforts. The country’s economic growth is envisaged to remain in positive territory for 2020, supported by the government’s monetary and fiscal stimulus measures.

Investors seeking to tap into long-term growth opportunities in Vietnam and global markets may consider this as the Fund may invest in up to a maximum of 40 stocks.

At least 20% of its net asset value (NAV) will be invested in the Vietnam market, with the balance in global markets including the United States (U.S.), Europe and Asia Pacific. To achieve capital growth, PBVG40F will invest 75% to 98% of its NAV in equities, with the balance invested in fixed income securities and liquid assets.

The initial issue price for PBVG40F is RM0.2500 per unit during the 21-day initial offer period from 18 September to 8 October 2020 and the minimum initial investment amount is RM1,000 while the minimum additional investment amount is only RM100.

PB Vietnam Global 40 Fund (PBVG40F).

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HOC - Malaysia Property Expo (MAPEX) 2020

2 Oct 2020

Public Bank Berhad participated in the HOC-MAPEX 2020 property expo at Mid Valley Exhibition Centre (MVEC) on 2 to 4 October 2020. It was the first property expo organised by Real Estate and Housing Developers’ Association (REHDA) this year.

The Government has reintroduced the Home Ownership Campaign (HOC) with stamp duty exemption for purchase of residential properties priced between RM300,000 to RM2,500,000 from 1 June 2020 to 31 May 2021 to stimulate the property market and provide financial relief to home buyers.

Our Bank’s booth was honoured with the visit of Minister of Finance, YB Senator Tengku Dato’ Sri Zafrul Abdul Aziz who was briefed on our housing loan packages.

The property expo was coordinated by Branch Business Support/Loan Product Development Division together with Wilayah Persekutuan/Selangor Regions I, II, III and IV to promote our loan products and services.

Standard Operating Procedures (SOP) by the event organiser, MVEC and the Bank were strictly adhered to in light of the current COVID-19 pandemic situation. These include checking of body temperature of customers and staff on duty, maintaining social distancing throughout the event and regular disinfection of the booth.

A group photo opportunity with the Minister of Finance (second from right).

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Distribution And Sale Of Public e-Artificial Intelligence Technology Fund (PeAITF)

18 Aug 2020

Public Bank commenced the distribution and sale of a new unit trust fund, namely Public e-Artificial Intelligence Technology Fund (PeAITF) on 18 August 2020 under the Public e-Series of Unit Trust Funds which are managed by Public Mutual Berhad (PMB).

PeAITF is the first sector-focused equity fund under the Public e-Series of Funds which invests primarily in the technology sector leveraged to the high-growth artificial intelligence (AI) field.

Positioned as a global equity fund, the Fund may invest up to 98% of its net asset value (NAV) in foreign markets, including the United States (U.S.), Europe and Asia Pacific. To achieve long-term capital growth, the Fund will invest 75% to 98% of its NAV in equities and equity-related securities, with the balance invested in liquid assets. Within the Fund’s equity investments, at least 50% will be invested in stocks related to AI technology and the balance will be invested in other technology stocks.

The use of AI has expanded to cater to all major industries including banking, financial services & insurance (BFSI), retail and transportation, among others. The Covid-19 pandemic has also accelerated the adoption of AI technology within the healthcare industry. PeAITF will focus on technology companies leading the AI revolution within the semiconductors, enterprise software, IT services, networking and communication services segments, among others.

The fund was made available exclusively online with a minimum initial and additional investment amount of only RM100 and the sales charge was as low as 3.75%. The initial issue price for PeAITF is RM0.2500 per unit during the 21-day initial offer period from 18 August to 7 September 2020.

In addition, the first 100 new cash investors who enrolled online and invested at least RM3,000 per transaction into PeAITF through Public Mutual Online (PMO) during the campaign period received an additional 300 units of PeAITF. All qualified investors also received one lucky draw entry and a chance to win up to 20,000 additional units of the Fund.

Public e-Artificial Intelligence Technology Fund.

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Distribution and Sale of PB Greater China A-Shares Fund

10 Mar 2020

On 10 March 2020, Public Bank launched its distribution and sale of a new unit trust fund, PB Greater China A-Shares Fund (PBGCASF) under the PB Series of Unit Trust Funds managed by Public Mutual Berhad (PMB).

Providing investors with the opportunity to achieve capital growth over the long term by tapping into the growth potential of China, Hong Kong and Taiwan markets as well as China-based companies listed on overseas market, the fund invests in a diversified portfolio of blue chip stocks, index stocks and growth stocks, with an asset allocation of 75% to 98% of its net asset value (NAV) in equities with at least 50% of its NAV in China A-Shares, while the balance in fixed income securities and liquid assets.

PB Greater China A-Shares Fund

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Investing in REITs

18 Feb 2020

Public Bank commenced its distribution and sale of a new unit trust fund, the Public e-Asia Pacific REITs Flexi Fund (PeAPREITF) under the Public e-Series of Unit Trust Funds on 18 February 2020.

Managed by Public Mutual Berhad (PMB), PeAPREITF focuses on real estate investment trusts (REITs) that generate sustainable dividend yields while offering capital growth. PeAPREITF may invest 60% to 98% of its net asset value (NAV) in REITs and up to 40% in equities and equity-related securities, with the balance invested in liquid assets.

With a minimum initial investment and additional investment amounts being only RM100 while the sales charge is low at 3.75%, the initial issue price for PeAPREITF is RM0.2500 per unit during the 21-day initial offer period from 18 February to 9 March 2020.

Interested investors may find out more about the campaign from PMB’s website.

Public e-Asia Pacific REITs Flexi Fund

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Offering Further Convenience For Travellers!

3 Feb 2020

Public Bank Berhad entered into a partnership with Malaysia Airlines Berhad to accept payments for online ticket purchases using FPX which is operated by Payments Network Malaysia Sdn Bhd (PayNet).

The airline’s customers can now purchase their flight tickets, using funds in their current, savings and credit card accounts maintained with Public Bank.

“Through this synergistic tie-up, Public Bank is committed to support Malaysia Airlines Berhad to facilitate its travellers in booking their airline tickets in a seamless and hassle-less process on real-time basis,” said Public Bank’s Managing Director Tan Sri Dato’ Sri Tay Ah Lek during the signing ceremony on 3 February 2020 at MAB Academy, Kelana Jaya.

He added, “Public Bank was the first bank in the country to launch Malaysia’s National QR Standard known as Duitnow QR with PayNet. The Bank is on track to bring more innovative payment solutions to our retail consumers and business clients.”

Speaking at the event, Malaysia Airlines Berhad’ Group Chief Executive Officer, Captain Izham Ismail said, “Malaysia Airlines Berhad is delighted to partner with Public Bank and PayNet to offer customers a convenient way to purchase their flight tickets online and on our app through FPX payment gateway. This partnership proves our commitment towards improving our customer experience with the introduction of easy payment options and also allows us to further expand into the cashless payment segment. Also, customers who opt for this payment method will not incur any additional charges.”

This partnership is in line with Bank Negara Malaysia’s initiative to migrate manual payments to ePayments.

(From left) Payment Network Malaysia Sdn Bhd's Group Chief Executive Officer, Mr. Peter Schiesser, Public Bank's Deputy Chief Executive Officer, Dato' Chang Kat Kiam, Managing Director, Tan Sri Dato' Sri Tay Ah Lek, Group Chief Executive Officer of Malaysia Airlines Berhad, Captain Izham Ismail, Group Chief Marketing and Customer Experience Officer, Ms. Lau Yin May and air crew from Malaysia Airlines Berhad at the signing ceremony event.

Bulletin

Distribution and Sale of PB Vietnam Global 40 Fund (PBVG40F)

HOC - Malaysia Property Expo (MAPEX) 2020

Distribution And Sale Of Public e-Artificial Intelligence Technology Fund (PeAITF)

Distribution and Sale of PB Greater China A-Shares Fund

Investing in REITs

Offering Further Convenience For Travellers!