Public Bank’s wholly-owned subsidiary, Public Mutual emerged for the fifth consecutive year as the biggest winner at The Edge-Lipper Malaysia Fund Awards 2008 by winning 8 of the 20 awards, including the Lipper award for Best Equity Group for 3 years category. Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said that he is very proud that Public Mutual continues to win the most number of awards at this year’s The Edge-Lipper Malaysia Fund Awards. “The icing of the cake is this is the fifth straight time that ...

Fund Name: PUBLIC ISLAMIC SELECT TREASURES FUND (PISTF)   Fund Category: Equity Fund Type of Fund: Capital Growth   Fund Objective: To achieve capital growth through investment in companies with market capitalisation of up to RM6 billion which comply with Shariah requirement in the domestic market.   Approved Fund Size: RM375 Million     1.5 Billion units   Asset Allocation Equities: 75% – 95% Balance: Sukuk (Islamic Bond) and Islamic Money Market Instruments (min 2% in liquid assets)   Benchmark FTSE Bursa Malaysia Emas Shariah Index   Investor Profile: Aggressive risk reward temperamentMid to long term investment horizon,Can withstand extended periods of market highs and lows in pursuit ...

Introduction I met a prospect a few years ago. He is of about the same age as me. After some fact-finding and discussions with him, I came to know that he had about RM20k worth of credit card debt. In fact, he had started with a negative net worth. I was then curious to know how he dug himself into such a big debt hole. He said an experienced elderly person told him that all the while we put our money in the bank and let the bank use our money. ...

Welcome to the February 23, 2008 edition of personal finance money tips. SpiKe presents The Organize IT Habits: Always Ask Why And How posted at Organize IT. John Crenshaw presents The Biggest Scam Your Bank Gets Away With Everyday posted at Truthful Lending dot Com, saying, "This little known scam accounts for a huge portion of fees paid to banks every year and is going on right under your nose. The worst part is, it's completely legal." ...

Public Mutual just announced that effective from 18th February, Public Islamic Equity Fund will accept EPF investment, including switching sales.For more information about PIEF, visit here.

Leading life insurance giant, Great Eastern Life Assurance (Malaysia) Berhad (Great Eastern), is pleased to announce on 19th February, 2008 that it will give a Special Bonus for the year 2007 with face amount close to RM900 million to more than 1 million policyholders nationwide.This Special Bonus will be given to close to 1.5 million eligible Participating Regular Premium Whole Life and Endowment policies, which are ...

Introduction An economic recession is simply defined as a significant decline in the economic activity spread across the economy that usually lasts more than a few months. More economically speaking, a recession is a decline in a country’s Gross Domestic Product or a negative real economic growth for two or more successive quarters in a year. The latter is a widely known definition of recessions as well as a widely-accepted one. A severe or long recession is referred to as an economic depression. A devastating breakdown of an economy (essentially, a ...

Blog Carnival personal finance money tipsarchives | submit post Welcome to the February 16, 2008 edition of personal finance money tips. Sagar presents 10 Countries That Benefit from the Falling Dollar posted at Currency Trading.net. Successful Footsteps presents Can Success Make You Happy? posted at Become Successful. Successful Footsteps presents Do You Need a New Idea to be Successful? posted at Become Successful. Mr Credit Card ...

Ooi Kok Hwa, an investment adviser and managing partner of MRR Consulting wrote an article about Benjamin Graham's investing philosophy. The former 2nd richest man in the world, Warren Buffett worked for Graham from 1954 to 1956. It was said that Buffett's rules of investing: Rule No. 1: Don’t lose money in the stock market. Rule No. 2: Never forget Rule No. 1. was derived from Graham's safety-first principle.Warren Buffett - One of the world's richest man.Photo by trackrecordIf you haven't read Graham's book titled Security Analysis, I suggest that ...

Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for three of its funds. The gross distributions declared are for financial year ended 31 January 2008: Public Index Fund - Gross distribution of 20.00 sen per unitPublic Enhanced Bond Fund - Gross distribution of 7.25 sen per unitPublic Money Market Fund - Gross distribution of 3.00 sen per unit Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Index Fund has generated a one-year return of 38.85% for the period ended 11 January 2008, according to The Edge-Lipper ...