28 Feb 2008 | Comments | investment | Comments feed

Public Mutual - the biggest winner for the 5th consecutive year at The Edge-Lipper Malaysia Fund Awards 2008.

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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 we have done it,� he added.

He attributed the company�s success to its effective investment strategies. He also thanked the fundholders for their confidence and support.

The awards were presented by Y.Bhg Dato� Zarinah Anwar, Chairman of the Securities Commission Malaysia to Public Mutual�s Chief Executive Officer, Yeoh Kim Hong and the investment team during the award presentation ceremony which was held on 26 February 2008 at the Hilton Kuala Lumpur Hotel.

The 8 awards won by Public Mutual are:

Best Equity Group Award, 3 years - Public Mutual Berhad
Bond Malaysian Ringgit, 5 years - PB Fixed Income Fund
Best Equity Malaysia Fund, 5 years - PB Growth Fund
Best Equity Malaysia Small and Mid Caps Fund, 5 years - Public SmallCap Fund
Best Mixed Asset Malaysian Ringgit Balanced Fund, 5 years - PB Balanced Fund
Best Equity Malaysia Fund, 5 years - Public Ittikal Fund
Best Equity Malaysia Fund, 10 years - Public Ittikal Fund
Best Bond Malaysian Ringgit Fund, 10 years - Public Bond Fund

Public Mutual is the largest private unit trust company in Malaysia, and it manages 58 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total NAV of the funds managed by the company was RM28.4 billion.

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