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 Public Mutual Funds, version 0.0

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GrumpyNooby
post Feb 9 2021, 08:38 AM

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QUOTE(ironman16 @ Feb 9 2021, 08:34 AM)
PUBLIC e-CARBON EFFICIENT FUND (PeCEF)  Risk 5

The  fund  will  invest  in  stocks  of  companies  with  efficient  carbon  footprint.  Companies  with  efficient  carbon  footprint  refer  to  companies  that  have  lower  levels of carbon emissions relative to peers within a particular industry.

The fund will invest in stocks of companies with  efficient  carbon  footprint  which  are  component  stocks  of  an  Environmental,  Social and Governance (ESG) index

PUBLIC e-CARBON EFFICIENT
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The link is dead from my office network

QUOTE
This fund is temporarily not available for investment via this service. Please call our Customer Service at 03-2022 5000 for further assistance.

GrumpyNooby
post Feb 9 2021, 08:52 AM

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QUOTE(ironman16 @ Feb 9 2021, 08:51 AM)
im just update the previous post.

but i can see this fund in PMO oledi.
i oso did open the account with this fund, now in floating trasaction oledi  sweat.gif
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I just want to see region mandate.

Locally, regionally or globally?

This post has been edited by GrumpyNooby: Feb 9 2021, 08:52 AM
GrumpyNooby
post Feb 9 2021, 09:07 AM

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QUOTE(ironman16 @ Feb 9 2021, 08:53 AM)
global

benchmark is 90% with Customised index by S&P Dow Jones Indices, LLC based on constituents with lower carbon footprint of the S&P Global 1200 ESG Index
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Looks like it'll be like:

Affin Hwang World Series - Global Sustainability Fund - MYR Hedged -> Allianz Global Sustainability
RHB i-Global Sustainable Disruptors Fund

Funds investing into SRI or ESG scope.

This post has been edited by GrumpyNooby: Feb 9 2021, 09:09 AM
GrumpyNooby
post Feb 9 2021, 10:08 AM

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QUOTE(ironman16 @ Feb 9 2021, 10:03 AM)
Bro, what is the difference between ESG and sustainability?
Same?
If same, mean public oso got one fund oledi, public e-islamic sustainability milenium (hope the name is right) but in shariah only.

I go Google, makin baca makin pening.
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SRI is old term. ESG is new bombastic term.

SRI
A minimum of 70% of Fund assets are invested in global equity markets of developed countries with a focus on sustainable business practices (namely, business practices which are environmentally friendly and socially responsible) and which the Investment Manager believes may create longterm value.

https://secure.fundsupermart.com/fsm/admin/...lightALZ344.pdf

ESG
As the Fund is a qualified Sustainable and Responsible Investment (SRI) fund, the investments of the Fund will be subject to the integration of Environmental, Social and Governance (ESG) methodology. This includes the screening, selection, monitoring and realization of the Fund’s investments.

user posted image

https://www.fsmone.com.my/admin/buy/reports...nceMYRII007.pdf

This post has been edited by GrumpyNooby: Feb 9 2021, 10:09 AM
GrumpyNooby
post Feb 9 2021, 03:02 PM

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QUOTE(ironman16 @ Feb 9 2021, 03:00 PM)
Thanks for the info
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Don't get caught up with those bombastic terms: disruptive, next gen, sustainable, ESG, AI, thematic
GrumpyNooby
post Feb 9 2021, 03:31 PM

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QUOTE(xander83 @ Feb 9 2021, 03:26 PM)
Like most flashy products especially paper based are most bullshit with these names and most of it will be invested in Tesla and Apple through feeder funds hence the profits will not be so fantastic as investing into the direct ETFs or those shares

But the Sales Charge is crazy at 3% and the benchmark it is easy to see it won’t hit RM0.42 in 2021 to be profitable in it
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Not every flashy fund is reputable like ARKK - ARK INNOVATION ETF
GrumpyNooby
post Feb 9 2021, 08:54 PM

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It is in the news:

Public Mutual launches carbon efficient fund

user posted image

KUALA LUMPUR: Public Bank’s unit Public Mutual has raised its benchmark in its investing strategy, focusing on the environment, with the launch of a fund named Public e-Carbon Efficient Fund (PeCEF) on Tuesday.

In a statement, PeCEF aims to invest primarily in companies with efficient carbon footprints which are component stocks of a global environmental, social and corporate governance (ESG) index.

“The fund may target to invest in sectors including technology, healthcare and consumer sectors that are well-positioned for earnings growth while registering low carbon emissions or demonstrating a clear carbon reduction strategy.

“In order to achieve long-term capital growth, the fund will invest 75% to 98% of its net asset value (NAV) in equities globally with the balance invested in liquid assets, ” it said.

Rising levels of carbon in the atmosphere have been one of the leading contributors to global warming.

https://www.thestar.com.my/business/busines...-efficient-fund
GrumpyNooby
post Feb 10 2021, 06:45 AM

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QUOTE(!@#$%^ @ Feb 10 2021, 02:40 AM)
just wondering if PM funds are really performing well if excluding the high service charge? thinking of putting in some via i-invest.
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Nevermind, if cannot perform can always complain to SIRDEC. Apparently that is somehow your talent.
GrumpyNooby
post Feb 10 2021, 07:18 AM

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QUOTE(backspace66 @ Feb 10 2021, 07:13 AM)
Any fund under epf i-invest is reviewed annually iirc. Any fund that didnt meet their requirement or poor performance is removed from the list. I wanted to invest my fund in Indonesia centric fund back on march/april just to find out it is already suspended.
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True.

There was one REIT+Property fund from Affin Hwang that I have invested before and it has been removed last year.

This post has been edited by GrumpyNooby: Feb 10 2021, 07:18 AM
GrumpyNooby
post Feb 15 2021, 08:26 AM

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QUOTE(danielle.hu @ Feb 15 2021, 08:25 AM)
How does one goes about investing via EPF scheme though FSM? More importantly, does FSM requires our thumb print in the process?
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No need under i-Invest from EPF portal (after login).

Of course, you need to have account with FSM beforehand.

This post has been edited by GrumpyNooby: Feb 15 2021, 08:27 AM
GrumpyNooby
post Feb 15 2021, 08:03 PM

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QUOTE(MUM @ Feb 15 2021, 08:01 PM)
how much does PM charge for sales charge?
are there any others fundhouses that charges less?
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Got other fund house or platform that sell Public Mutual funds? hmm.gif
GrumpyNooby
post Feb 15 2021, 08:11 PM

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QUOTE(MUM @ Feb 15 2021, 08:09 PM)
i invest?
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i-Invest is still using Public Mutual account.

One needs to have an account with Public Mutual account beforehand.
GrumpyNooby
post Feb 15 2021, 08:14 PM

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QUOTE(MUM @ Feb 15 2021, 08:13 PM)
you asked "Got other fund house or platform that sell Public Mutual funds? "
is that another platform?
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If I know I won't ask you since I'm so stupid with investment.

And you give so many valuable advices till be the top poster in the other thread.

user posted image

Definitely you're more resourceful and qualified adviser as per SC guideline.

I'm just a noob.

This post has been edited by GrumpyNooby: Feb 15 2021, 08:16 PM
GrumpyNooby
post Feb 15 2021, 08:39 PM

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QUOTE(YoungMan @ Feb 15 2021, 08:37 PM)
Sign up to be Public Mutual UTC. That is if you are going to invest most of your fund in PM.
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Correct. This is the correct strategy to bring down the cost of fund ownership. thumbsup.gif
GrumpyNooby
post Feb 15 2021, 08:59 PM

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QUOTE(YoungMan @ Feb 15 2021, 08:59 PM)
I think it's RM30k. But someone saying if you don't reach the minimum target, you need to sit for online exam to maintain status as UTC.
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Take out iSinar can maintain UTC for 2 years. brows.gif
GrumpyNooby
post Feb 17 2021, 10:21 AM

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QUOTE(majorarmstrong @ Feb 17 2021, 10:19 AM)
tomorrow they gonna open if not wrong la
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Yes, will resume tomorrow.

All my Taiwanese and China suppliers are off from 10/2/2021 to 17/2/2021

This post has been edited by GrumpyNooby: Feb 17 2021, 10:24 AM
GrumpyNooby
post Feb 17 2021, 10:42 AM

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QUOTE(DragonReine @ Feb 17 2021, 10:32 AM)
Based on PMB actually today should resume business for trading.
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But the Shenzhen index is not moving since 10/2/2021

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GrumpyNooby
post Feb 28 2021, 06:34 PM

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Public Mutual declares RM22m distributions for 6 funds

KUALA LUMPUR: Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions amounting to more than RM22mil for six funds.

It said in a statement the total gross distributions were for the financial year ended Feb 28,2021.

user posted image

As at end-January 2021, the fund size managed by Public Mutual was above RM100bil.

https://www.thestar.com.my/business/busines...ons-for-6-funds

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