Public Mutual Private Retirement Scheme – Conventional Series

Scheme Trustee: AmanahRaya Trustees Berhad

Public Mutual PRS Conservative Fund (PRS-CVF)

*Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page.

Investment
Objective		 The fund seeks income consistent with capital preservation.
Note: This is neither a capital guaranteed nor a capital protected fund.
Any material changes to the investment objective of the fund would require members’ approval.
Fund Category Core (Conservative)
Investment
Strategy		 PRS-CVF seeks to achieve its objective by investing primarily in fixed income securities and to a lesser extent in equities. The balance of the fund’s NAV will be invested in liquid assets which include money market instruments and deposits. To achieve increased diversification, the fund may invest in both domestic and selected foreign markets.
If the outlook for the respective asset classes is unfavourable, the fixed income securities and/or equities exposure may be reduced while the exposure to liquid assets which includes money market instruments and deposits may be increased as a temporary defensive strategy.

Typical Asset Classes
Fixed income securities which are rated at least BBB3/P2 by RAM Holdings Berhad (RAM) or equivalent rating by Malaysian Rating Corporation Berhad (MARC).
  • Money market instruments which are issued by financial institutions that have a rating of at least BBB3 by RAM or equivalent rating by MARC.
  • Equities which include:
    • Index stocks, defensive stocks and dividend stocks.
    • Stocks of IPO companies seeking a listing in Eligible Markets.
    • Unlisted equities.
  • Collective investment schemes.
  • Deposits.
Location of Assets
Malaysia, China, Singapore, South Korea, Thailand, Taiwan, Indonesia, Hong Kong, Philippines and any other permitted markets where the regulatory authority is an ordinary or associate member of the IOSCO.

Investment Approach
  • Fixed income securities: Investments in fixed income securities will depend on economic growth, interest rate trends and market liquidity conditions.
  • Equities: Bottom-up approach in stock selection process which relies on fundamental research where the financial health, industry prospects, management quality and past track records of companies are assessed.
Although the fund is actively managed, the frequency of its trading strategy will very much depend on market opportunities.
Asset
Allocation		 The fund will invest primarily in fixed income securities and to a lesser extent in equities. The balance of the fund’s NAV will be invested in liquid assets which include money market instruments and deposits.
If the outlook for the respective asset classes is unfavourable, the fixed income securities and/or equities exposure may be reduced while the exposure to liquid assets which includes money market instruments and deposits may be increased as a temporary defensive strategy.
Performance
Benchmark		 12-Month fixed deposit rate (12-MFD) as quoted by Public Bank Berhad.
Note: The risk profile of the fund is not the same as the risk profile of the benchmark.
Member
Profile
  • Generally conservative and risk averse
  • Preference for income*
  • Age 55 and above if contribute under the default option**
Notes:
* Distribution (if any) will be automatically reinvested into the fund.
** Age group may be subject to changes as may be determined by the relevant authorities from time to time.
Risks
Disclosure		 Specific security risk, Liquidity risk, Interest rate risk, Credit risk
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