Public Far East Property & Resorts Fund (PFEPRF)

Lately interesting funds are spouting in the unit trust environment.

Most fund managers have diversified into unchartered territories and undervalue potential sectors. We as investors are never lack of choices. It's more like how far we are willing to go to reap the benefits of these diversifications.

Riding with the wave, Public Mutual has launched 2 new funds recently namely
Public Far East Property & Resorts Fund ...Your access to property investments in Asia Pacific region
and not too long ago, Public China Select Fund .. extending our investment into Greater China

Public Far East Property & Resorts Fund

Fund Objective : Seeks to achieve capital growth over medium to long term period by investing in companies that are principally engaged in property investment and development, hotels & resorts development & investment and real estate investment trusts (REITs) in domestic & regional markets. The fund may also invest in companies which have significantly property or real estate assets.

Up to 80% of the fund’s Net Assets Value can be invested in selected regional markets which include Japan, Australia, Hong Kong, China, Singapore, Taiwan, Philippines, Thailand, New Zealand, Indonesia, South Korea and other approved markets.


Distribution policy : Annual income
Risk profile : moderate
Minimum initial investment : RM1000
Minimum additional investment : RM100
Offer period : 10 July - 30 July 2007 (1% discount on service charge)
NAV : RM0.25 per unit


Return as of 31/5/2007: (projected based on historical data)
Public Far East Property Index - 1 year: 46%, 3 years:93%
KLCI Index - 1 year: 45%, 3 years:66%

Projected : 70% invest in property & resort -> Capital growth
30% REIT -> Recurring income

some of the investment portfolios :

REITs (Real Estate Investment Trusts)
- Westfield Group - Australia
- Link Real Estate Investment Trust- Hkg
- Nippon Building Fund - Japan

Resorts
- Genting - M'sia
- Resort - M'sia
- Genting International
- Shangrila Asia Limited - Hkg
- Melco International Development - Hkg
- HongKong & Shanghai Hotel, Resort - Hkg
- City developmet Limited - S'pore

Property
- Cheung Kong (Holding) - Hkg
- Sun Hung Kai Property - Hkg
- Capital Land - S'pore
- Keppel Land - S'pore
- City Development - S'pore
- SP setia - M'sia
- IGB - M'sia
- KLCC - M'sia
- Land Lease Corp Ltd - Australia- Mitsubishi Estate - Japan
- Mitsui Fudosan - Japan

* suitable for investors who would like to receive annual income and achieve capital growth over medium to long term period*

for more info, click here or leave a comment =)