INCORPORATED IN 1975, Public Mutual is a whollyowned subsidiary of Public Bank. Adopting Public Bank’s management philosophy, Public Mutual focuses on efficiency, corporate governance and transparency in its fund management and business operations, all of which have greatly contributed to the trust Malaysians have in the company.
Public Mutual’s prudent investment approach has helped its funds to perform well, riding through different market cycles to deliver superior and consistent returns over the long term for its investors. This, in turn, has built investors’ trust in Public Mutual, and is reflected in the net asset value (NAV) of the funds it manages. Going from RM160 million in 1992 to RM81.2 billion as of February 2019, the company’s NAV has grown by a staggering 50,650%. Likewise, the number of account holders has increased and currently stands at 4.10 million. It’s little wonder that Public Mutual is a multi-award winning company.
At the recent Lipper Fund Awards from Refinitiv for fund performance in 2018, Public Mutual won 29 awards – bringing the total awards the company has won so far to 340. These accomplishments are a testament to the success of the company’s investment approach, and serves to provide confidence and peace of mind to its investors.