Public Islamic Equity Fund

Public Islamic Equity Fund

Type

Equity Malaysia Islamic

Company

Public Mutual Bhd

Investment Manager

Public Mutual Bhd

Launch Date

28-May-2003

Overview
Fees & Transactions
Fund Performance
Downloads
Related Funds

Overview

Objective

To achieve capital growth through a diverse selection of growth stocks that complies with Syariah Principles.

Financial Year End: May 31
Distribution Policy: Incidental.

Investor Profile

Aggressive risk-reward temperament
Long term investor
Can withstand extended periods of market highs and lows in pursuit of capital growth

Strategy

The scope of investments in the fund is confined to assets that are deemed in compliance with Syariah principles. For securities listed on the KLSE, compliance to the Principles are primarily determined by the Syariah Advisory Council of the Securities Commision. Otherwise, the Syariah Advisers of the fund are consulted to ascertain their state of compliance.

The fund seeks to achieve the long-term goal of capital growth by maintaning a high level of exposure to equities of 80% and above at all times. The equity investment of the fund primarily focuses on a diversified portfolio of index-linked companies, blue chip stocks and companies with growth prospects that are listed on the KLSE. Generally, companies with reasonably high earnings growth prospect over the medium to long-term are sought. In identifying such companies, the fund relies on fundamental research where the financial health, industry prospects, management quality and past track records of the companies are considered.

The fund has investments in Islamic debt securities such as sovereign debts, corporate debts amd money market instruments to help generate returns. Where yields are attractive and interest rate trends are favourable, the investments in debt securities are increased. In general, however, the investments in Islamic debt securities are secondary to the focus on equities. In other words, the allocations to Islamic debt assets are reaised usually at the expense of equity allocations when weaknesses in the equity markets are anticipated. Conversely, when the equity markets are expected to perform well, the funds are reallocated from Islamic debt assets to equities.

The fund may also consider attractive investments in unlisted equities, particularly in companies that are expected to seek listing on the KLSE within two years. To mitigate risks, the fund may also invest in futures and options contracts to hedge against market volatility. The high equity exposures maintained at all times, in particular, may result in the fund experiencing significant volatilities in times of adverse market movements.

Equity Range of Fund: Min 80% of NAV.
Stock Selection Profile of Fund: Growth stocks.

Fees & Transactions

Fees & Charges
Sales Charge	5.50%
Redemption Fee	None
Switching Fee	RM25 (To Equity/Balanced Fund: NAV + RM25; to Bond Fund: NAV + RM25; to Money Market Funds: at NAV.)
Free Switches Yearly	N/A
Annual Management Fee	1.5%
Management Expense Ratio (MER)	1.59%

Transactions (Minimum)
Investment	Initial: RM1,000 Additional: RM100
Regular Investment	Initial: RM1,000 Additional: RM100
Account Balance	1,000 units
Switching	1,000 units

Investment Return

Investment Return as at 2010-07-30
3 Month Return	-5.17%
6 Month Return	1.37%
1 Year Return	6.61%
3 Year Return	-1.28%
5 Year Return	52.91%
Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only.

Downloads

Fund Documents
Prospectus	Prospectus

Compare Public Islamic Equity Fund with:

Category	Company
Equity Malaysia Islamic Funds:	Public Mutual Bhd Funds:
Affin Islamic Equity Alliance Dana Adib Amb Dana Yakin AmIslamic Growth AmIttikal Apex Dana Al-Sofi-i ARMB Islamic Equity ASM Dana Al Aiman ASM Dana Bestari ASM Dana Mutiara ASM Syariah Aggressive ASM Syariah Dividen Ave ASW (ASNITA) BIMB i Growth (ex-Dana Al-Mubin) CIMB-I DALI Equity CIMB-I DALI Equity Growth CIMB-I DALI Equity Theme CIMB-I Equity Aggressive CIMB-I Equity Fund CIMB Islamic Enhanced Index (Merged) CMS Islamic Fund HDBS Aiiman Growth HLG Dana Makmur ING Ekuiti Islam InterPac Dana Safi Kenanga Syariah Growth MAAKL Al-Faid MAAKL-CM Shariah Flexi MAAKL Syariah Index MIDF Amanah Islamic Fund OSK-UOB Dana Islam Pacific Dana Aman PB Islamic Equity Fund PRU Dana Al-Ilham Public Islamic Dividend Public Islamic Optimal Growth Public Islamic Sector Select Public Islamic Select Enterprises Public Islamic Select Treasures Public Ittikal Fund RHB Islamic Growth TA Dana Fokus TA Islamic Fund	Public Savings Fund Public Growth Fund Public Index Fund Public Industry Fund Public Aggressive Growth Public Regular Savings Public Balanced Fund Public Bond Fund Public Ittikal Fund PB Balanced Fund Public SmallCap Public Islamic Bond Public Equity Fund PB Growth Fund PB Fixed Income Public Institutional Bond Public Money Market Public Focus Select Fund Public Enhanced Bond Public Dividend Select Public Islamic Opportunities PB Islamic Equity Fund Public Islamic Balanced Public Far-East Select Public Select Bond Public Islamic Dividend Public Regional Sector PB Islamic Bond PB Asia Equity Fund Public Asia Ittikal Fund Public Global Select Public Far-East Dividend Public Islamic Enhanced Bond PB Islamic Asia Equity Fund PB Cash Mgmt Fund Public Far-East Balanced Public Global Balanced PB Cash Plus Fund Public Islamic Asia Dividend PB ASEAN Dividend PB Islamic Cash Mgmt Public China Select Public Islamic Money Market PB Euro Pacific Equity Public Far-East Prop & Resorts Public Islamic Select Bond Public Islamic Asia Balanced PB Islamic Asia Strategic Sector Public South-East Asia Select Public Sector Select Public Islamic Sector Select PB China Pacific Equity Public China Ittikal PB Asia Real Estate Income Public Far-East Consumer Themes Public Islamic Select Treasures PB Islamic Cash Plus PB China Asean Equity Public China Titans PB CP Dragon Fund Public Islamic Optimal Growth Public Far-East Telco & Infra Public CP Select Portfolio Public Islamic Select Enterprises PB CP Resources Public Islamic Income Fund Public Select Alpha-30 PB Australia Dynamic Balanced Public Natural Resources Equity Public Australia Equity Fund PB MTN Fund 1 Public Islamic Asia Leaders Equity PB China Australia Equity Public Far-East Alpha-30 PB Singapore Advantage-30 Equity PB Infrastructure Bond Fund

Category

Company

Equity Malaysia Islamic
Funds:

Public Mutual Bhd
Funds:

Affin Islamic Equity
Alliance Dana Adib
Amb Dana Yakin
AmIslamic Growth
AmIttikal
Apex Dana Al-Sofi-i
ARMB Islamic Equity
ASM Dana Al Aiman
ASM Dana Bestari
ASM Dana Mutiara
ASM Syariah Aggressive
ASM Syariah Dividen
Ave ASW (ASNITA)
BIMB i Growth (ex-Dana Al-Mubin)
CIMB-I DALI Equity
CIMB-I DALI Equity Growth
CIMB-I DALI Equity Theme
CIMB-I Equity Aggressive
CIMB-I Equity Fund
CIMB Islamic Enhanced Index (Merged)
CMS Islamic Fund
HDBS Aiiman Growth
HLG Dana Makmur
ING Ekuiti Islam
InterPac Dana Safi
Kenanga Syariah Growth
MAAKL Al-Faid
MAAKL-CM Shariah Flexi
MAAKL Syariah Index
MIDF Amanah Islamic Fund
OSK-UOB Dana Islam
Pacific Dana Aman
PB Islamic Equity Fund
PRU Dana Al-Ilham
Public Islamic Dividend
Public Islamic Optimal Growth
Public Islamic Sector Select
Public Islamic Select Enterprises
Public Islamic Select Treasures
Public Ittikal Fund
RHB Islamic Growth
TA Dana Fokus
TA Islamic Fund

Public Savings Fund
Public Growth Fund
Public Index Fund
Public Industry Fund
Public Aggressive Growth
Public Regular Savings
Public Balanced Fund
Public Bond Fund
Public Ittikal Fund
PB Balanced Fund
Public SmallCap
Public Islamic Bond
Public Equity Fund
PB Growth Fund
PB Fixed Income
Public Institutional Bond
Public Money Market
Public Focus Select Fund
Public Enhanced Bond
Public Dividend Select
Public Islamic Opportunities
PB Islamic Equity Fund
Public Islamic Balanced
Public Far-East Select
Public Select Bond
Public Islamic Dividend
Public Regional Sector
PB Islamic Bond
PB Asia Equity Fund
Public Asia Ittikal Fund
Public Global Select
Public Far-East Dividend
Public Islamic Enhanced Bond
PB Islamic Asia Equity Fund
PB Cash Mgmt Fund
Public Far-East Balanced
Public Global Balanced
PB Cash Plus Fund
Public Islamic Asia Dividend
PB ASEAN Dividend
PB Islamic Cash Mgmt
Public China Select
Public Islamic Money Market
PB Euro Pacific Equity
Public Far-East Prop & Resorts
Public Islamic Select Bond
Public Islamic Asia Balanced
PB Islamic Asia Strategic Sector
Public South-East Asia Select
Public Sector Select
Public Islamic Sector Select
PB China Pacific Equity
Public China Ittikal
PB Asia Real Estate Income
Public Far-East Consumer Themes
Public Islamic Select Treasures
PB Islamic Cash Plus
PB China Asean Equity
Public China Titans
PB CP Dragon Fund
Public Islamic Optimal Growth
Public Far-East Telco & Infra
Public CP Select Portfolio
Public Islamic Select Enterprises
PB CP Resources
Public Islamic Income Fund
Public Select Alpha-30
PB Australia Dynamic Balanced
Public Natural Resources Equity
Public Australia Equity Fund
PB MTN Fund 1
Public Islamic Asia Leaders Equity
PB China Australia Equity
Public Far-East Alpha-30
PB Singapore Advantage-30 Equity
PB Infrastructure Bond Fund

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