Public Mutual Prs Fund
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Public mutual prs fund. Both the unit trust and prs funds are managed by public mutual berhad currently the largest private unit trust company in malaysia with more than 30 years experience in fund management. Public mutual prs conservative fund is an open end pension fund incorporated in malaysia. Prs provides an additional savings option for all individuals to build up their retirement nest egg over the long term. Public mutual private retirement scheme shariah based series.
Public mutual prs growth fund is an open end pension fund incorporated in malaysia. Public mutual prs growth fund islamic growth fund public mutual prs equity fund strategic equity fund islamic strategic equity fund. Public mutual prs islamic conservative fund. Public mutual prs islamic growth fund.
The fund invests in a. Public mutual prs growth fund. Unavailability of public mutual online pmo from 2 00pm 08 11 2020 to 7 00am 9 11 2020 pmo campaign 2020 for investors for the month of july and august 19 october 2020. Public mutual prs equity fund.
Up to 3 0 of nav per unit. As a prs member you will get to enjoy tax relief of up to rm3 000 per annum when you contribute to any of the nine prs funds offered under conventional and shariah based series. Public mutual prs strategic equity fund. The fund aims to achieve long term capital growth and to a lesser extent income.
Public mutual prs equity fund prs eqf please refer to the disclosure document and the relevant fund s product highlights sheet for more details of the prs funds. 20 of the fund s nav can be invested in warrants while up to 40 of the fund s nav can be invested in existing public mutual unit trust funds. The prs provider may at its discretion charge a lower sales charge based on criterion as may be determined from time to time. 20 of the equity portion of the fund can be invested in asia.
The fund s objective is to seek income consistent with capital preservation. This fund will mainly invest in combination of index dividend growth stocks. Purchase or investment of unit trust funds and prs funds can be performed via public mutual online. 3 these are funds under the default option that meet the investment limits specified in guidelines on private retirement scheme issued by the securities commission malaysia sc.
The fund invests in a. Public mutual prs moderate fund.