Public Mutual Berhad (Public Mutual) is the largest private unit trust company in Malaysia and currently manages 70 funds with total NAV of more than RM30.6 billion for more than 2,000,000 accountholders. Incorporated in July 1975, Public Mutual began its operations in 1980 with the launch of the Public Savings Fund, and soon went on to become an industry leader and setting forth new trends in innovative fund development.
Market Share And Distribution
Public Mutual anchors 43.6 percent market share in private unit trust funds when measured by net asset value as at end-June 2009 (source: The Edge-Lipper, 20 July 2009).
Public Mutual markets its funds through its dedicated and trained unit trust consultants force which is currently the largest and collectively the most productive in the entire private unit trust industry. Public Mutual is linked extensively through its national network of branches, as well as agency offices to provide better service to the investors.
In addition, investors of Public Mutual can also take advantage of Public Bank branches that act as effective collections centres for Public Mutual.
Financial Strength And Track Record
Public Mutual as a wholly-owned subsidiary of Public Bank subscribes readily to the Group's excellence-oriented corporate culture and high standards of financial integrity in the management of its unit trust funds.
Public Mutual's Investment team comprises a group of 19 portfolio managers who are supported by more than 25 research analysts. Public Mutual adopts a value-based investment philosophy which incorporates a Top-Down and Bottom-Up approach in the investment process. The Top-Down approach takes into consideration factors such as the macroeconomic outlook, the current business cycle, interest rate trends and other economic factors. After assessing the overall market conditions, the Bottom-Up approach is used to construct the funds' portfolio.
Public Mutual is the most awarded unit trust fund manager in Malaysia with 137 awards received to date. This year, Public Mutual emerged as the biggest winner at The Edge-Lipper Malaysia Fund Awards 2009, sweeping 7 awards, including the prestigious Best Overall Fund Group Award. We also received two awards at the 2008 Asia Asset Management Best of the Best Country Awards, namely for Malaysia - Best Fund House and Malaysia - Best House for Offshore Funds. In addition, our Public Islamic Bond Fund was named the Best Malaysia Bond Fund for the 5-Year category at the Failaka Islamic Fund Awards 2008 and was the winner of Malaysian Ringgit Islamic Bond Category at the Morningstar 2008 Fund Awards (Malaysia). And recently, Public Mutual has won The 8th Asia Pacific International Entrepreneur Excellence Award 2009 for the category of Excellence Product and Malaysia Independence Award 1957 for Grand Company under the Corporate category. Other notable accolades we received include the Best Malaysia Onshore Fund House at the AsianInvestor 2009 Investment Performance Awards for two years in a row, The BrandLaureate 2008-2009 for brand excellence in the Financial Services - Unit Trust Category for the third consecutive year and Reader's Digest Trusted Brand Gold Award for the Investment Fund Company category in Malaysia 2009 for four successive years.
