Public Bank Unit Trust Sales Charge
Cpf ordinary account or special account savings.
Public bank unit trust sales charge. We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services. Unit trust pb series of funds public e series of funds pb series of funds public bank distributes a wide range of unit trust funds i e. The right to cancel is not available if. 952 38 units valued at 952 38 buy price per unit nav of 1 00 per unit 1 00 number of units bought.
Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. Three ways of funding your unit trusts investment. Give us a call at 603 2022 5000. Our products unit trust.
In either case the sales charge will be refunded to you. This is the charge imposed when buying a unit trust. For pmb investment you will pay an additional 6 when you purchase directly or via their certified consultants while 3 will be charged if you go through the epf member s investment scheme on all approved funds. A 5 sales charges and 1 65 fees mean that unit trust must earn 11 return just to be par with epf 6 return.
A unit trust is a fund which adopts a trust structure. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. Pb series of funds that promotes various categories of funds namely equity fund mixed assets fund balanced fund bond fixed income fund and money market fund in order to cater for your various investment strategies and risk tolerance levels. Not all funds use a trust structure.
Unit trust prices may fluctuate. And in a bad year the unit trust will dip and the 1 65 charges keep burning the investor capitals. The electronic repository for public offers of investments. You are making additional investments in a fund that you already own.
There will be an online sales charge of 0 82 per transaction on any investment amount.