Category: Investment Fund Company
TO DELIVER LONG-TERM RETURNS to investors, Public Mutual applies a prudent investment philosophy: focusing on companies with good fundamentals, resilient earnings and proven track records. Over the years, this strategy has enabled its funds to ride through periods of elevated market volatility.
Many milestones have shaped the business since it was established in 1975 as Kuala Lumpur Mutual Fund Berhad, including the rapid growth in terms of the number of account holders. In 2008 the company had two million account holders. By March 2023, that number had exceeded five million.
The growing number of account holders has resulted in Public Mutual experiencing exponential growth in terms of its net asset value (NAV), from RM160 million in 1992 to RM94.4 billion at the end of March 2023 – a staggering 589-fold increase.
Providing a seamless investing experience to investors is also a high priority to the investment fund management company. “Our strong distribution network of dedicated unit trust consultants (UTCs), online services and digital tools enable Public Mutual to not only provide investors with efficient service, but also builds trust,” said Chief Executive Officer, Chiang Kang Pey. “We continuously maintain transparency with both our investors and UTCs.”
Public Mutual’s UTCs have extensive knowledge in unit trust investing and keep investors updated with all the relevant information needed for them to make informed investment decisions. Furthermore, Public Mutual makes financial literacy articles and tips readily available on Public Mutual Online (PMO) and its Pocket-PMO app so customers can invest with confidence and convenience.