Sunday, March 14, 2010

Public Mutual emerges as the Biggest Winner for 7th consecutive year


Public Bank’s wholly-owned subsidiary, Public Mutual swept 10 out of the 29 awards, including the most prestigious “Best Overall Fund Group” award, at The Edge-Lipper Malaysia Fund Awards 2010 held at the Kuala Lumpur Convention Centre on 23 February 2010. This is the 7th consecutive year Public Mutual has emerged as the biggest winner at the annual awards event.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow expressed pride at the outstanding achievement despite a challenging year in 2009. “These awards demonstrate Public Mutual's commitment in continuously delivering top value as well as meeting the diverse needs of our unitholders,” he said.
By winning these awards, Public Mutual has to date received a total of 148 industry awards. Tan Sri Teh dedicated these awards to Public Mutual’s board of directors, management, staff, unit trust consultants and investors for their unwavering support and confidence over the years.
The 10 awards won by Public Mutual are:

No Fund / Company Category
1 Public Mutual Berhad Best Overall Fund Group Award
2 Public Regional Sector Fund Equity Asia Pacific 3 years
3 Public Far-East Dividend Fund Equity Asia Pacific Ex Japan 3 years
4 Public SmallCap Fund Equity Malaysia Small and Mid Caps 3 years
5 Public SmallCap Fund Equity Malaysia Small and Mid Caps 5 years
6 Public Bond Fund Bond Malaysian Ringgit 10 years
7 PB Balanced Fund Mixed Asset MYR Balanced 10 years
8 Public Islamic Bond Fund Bond Malaysian Ringgit - Islamic 3 years
9 Public Islamic Bond Fund Bond Malaysian Ringgit - Islamic 5 years
10 Public Ittikal Fund Equity Malaysia - Islamic 10 years

Public Mutual is Malaysia’s largest private unit trust company with 73 funds under management. It has over 2,000,000 accountholders and as at 31 December 2009, the total net asset value of the funds managed by the company was RM35.6 billion.

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