Public Greater China Fund (PGCF) : Responsibility Statement
Public Greater China Fund (PGCF) : Responsibility Statement
Public Greater China Fund (PGCF) : Responsibility Statement
28 February 2020
STATEMENTS OF DISCLAIMER
The Securities Commission Malaysia has authorised/recognised the issuance of PGCF and a copy of this Product
Highlights Sheet has been lodged with the Securities Commission Malaysia.
The authorisation of PGCF and lodgement of this Product Highlights Sheet, should not be taken to indicate that
the Securities Commission Malaysia recommends the PGCF, or assumes responsibility for the correctness of any
statement made or opinion or report expressed in this Product Highlights Sheet.
The Securities Commission Malaysia is not liable for any non-disclosure on the part of Public Mutual Berhad,
responsible for PGCF, and takes no responsibility for the contents of this Product Highlights Sheet. The Securities
Commission Malaysia makes no representation on the accuracy or completeness of this Product Highlights Sheet, and
expressly disclaims any liability whatsoever arising from, or in reliance upon, the whole or any part of its contents.
This Product Highlights Sheet (PHS) only highlights the key features and risks of this unit trust fund.
Investors are advised to request, read and understand the fund’s prospectus before deciding to invest.
Capital protected or No
guaranteed
Fund objective To achieve capital growth over the medium to long-term period by investing in
a portfolio of investments primarily in the greater China region namely in Hong
Kong, China and Taiwan markets and including China based companies listed on
overseas markets.
Notes:
Medium to long term refers to a period of 3 years or more.
Overseas markets include Malaysia and any other permitted markets apart from Hong Kong, China
and Taiwan markets where the regulatory authority is an ordinary or associate member of the
International Organization of Securities Commissions.
The balance of the fund’s NAV will be invested in fixed income securities and liquid
assets which include money market instruments and deposits.
If the outlook for equity market is unfavourable, the equity exposure may be reduced to below the
range indicated above as a temporary defensive strategy.
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PGCF
PRODUCT SUITABILITY
Who is this fund suitable for?
Investor profile The fund is suitable for medium to long-term investors who are able to withstand
ups and downs of the stock market in pursuit of capital growth.
KEY RISKS
What are the key risks associated with this product?
Market risk Market risk refers to the possibility that an investment will lose value because of
a general decline in financial markets, due to economic, political and/or other
factors, which will result in a decline in the fund’s NAV.
Specific security risk Prices of a particular security may fluctuate in response to the circumstances
affecting individual companies. As such, adverse price movements of a particular
security invested by the fund may adversely affect the fund’s NAV and unit price.
Liquidity risk Liquidity risk refers to the ease of liquidating an asset depending on the asset’s
volume traded in the market. If the fund holds assets that are illiquid, or are difficult
to dispose of, the value of the fund will be negatively affected when it has to sell
such assets at unfavourable prices.
Currency risk If the fund invests in assets denominated in foreign currency, the fund may be
exposed to currency fluctuation risks. If the currencies in which the investments
are denominated depreciate against the local currency, the fund’s NAV may be
adversely affected and vice versa. To mitigate such risk, the fund may undertake
hedging strategies. However, the fund would not benefit from any potential upside
if currencies move in the opposite direction of the hedging strategy.
Country risk Investments of the fund in any country may be affected by changes in the economic
and political climate, restriction on currency repatriation or other developments in
the law or regulations of the country in which the fund invests in. For example,
the deteriorating economic condition of such countries may adversely affect the
value of the investments undertaken by the fund in those affected countries. This
in turn may cause the NAV of the fund or prices of units to fall.
You are advised to read the fund’s prospectus and understand the risks involved and, if necessary,
consult your professional adviser(s) before investing.
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PGCF
After 90 days:
Trustee fee 0.06% per annum of the NAV, subject to a minimum fee of RM18,000 and a
maximum fee of RM600,000 per annum.
Note: The above fees and charges may be subject to any applicable taxes and/or duties (if any) which are payable
by you.
There are fees and charges involved and you are advised to consider them before investing in the fund.
PERFORMANCE OF PGCF
Average Annual Returns for the following periods ended 30 November 2019
2018* 2019
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PGCF
2018 2019
The fund’s PTR decreased from 0.85 times for the financial period ended 2018 to 0.44 times for the financial
year ended 2019 due to a lower level of rebalancing activities undertaken by the fund.
Distribution
2018 2019
ADDITIONAL INFORMATION
Valuation
The NAV of this fund is calculated and the price of units published on each business day at www.publicmutual.com.my.
Additional investments
• Minimum additional investment: RM100.
• You may invest regularly through PMO, direct debit authorisation with banks or by depositing your cheque
into the collection accounts maintained at Public Bank Berhad.
Individual
Cheque must be made payable to:
Investors
Initial
Investment “Public Mutual Berhad - New NRIC No. of First Holder”.
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PGCF
UTCs AND STAFF OF PUBLIC MUTUAL BERHAD ARE NOT AUTHORISED TO COLLECT
INVESTMENT AMOUNT IN CASH UNDER ANY CIRCUMSTANCES WHATSOEVER.
Public Mutual Berhad will not be liable for any loss incurred should you give cash to our UTCs or staff.
BNM/02/01-2020
DO NOT ISSUE A CHEQUE IN THE NAME OF A UTC OR STAFF OF PUBLIC MUTUAL BERHAD.
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PGCF
CONTACT INFORMATION
1. For internal dispute resolution, you may contact our Customer Service Hotline at 03-2022 5000.
2. If you are dissatisfied with the outcome of the internal dispute resolution process, please refer your dispute to
the Securities Industry Dispute Resolution Center (SIDREC):
(a) via phone to : 03-2282 2280
(b) via fax to : 03-2282 3855
(c) via email to : [email protected]
(d) via letter to : Securities Industry Dispute Resolution Center (SIDREC)
Unit A-9-1, Level 9, Tower A
Menara UOA Bangsar
No. 5, Jalan Bangsar Utama 1
59000 Kuala Lumpur
3. You can also direct your complaint to Securities Commission Malaysia (SC) even if you have initiated a dispute
resolution process with SIDREC. To make a complaint, please contact the SC’s Consumer & Investor Office:
(a) via phone to the Aduan Hotline at : 03-6204 8999
(b) via fax to : 03-6204 8991
(c) via email to : [email protected]
(d) via online complaint form available at www.sc.com.my
(e) via letter to : Consumer & Investor Office
Securities Commission Malaysia
No. 3, Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
4. FIMM’s Complaints Bureau:
(a) via phone to : 03-2092 3800
(b) via fax to : 03-2093 2700
(c) via email to : [email protected]
(d) via online complaint form available at www.fimm.com.my
(e) via letter to : Legal, Secretarial & Regulatory Affairs
Federation of Investment Managers Malaysia
19-06-01, 6th Floor Wisma Tune
No. 19 Lorong Dungun
Damansara Heights
50490 Kuala Lumpur
This PHS will be updated on 26 February 2021. You may refer to our website at www.publicmutual.com.my
for the updated PHS.
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