Pacific Mutual weathered fluctuating market

Publish date: Mon, 20 Feb 2012, 02:06 PM
A steady investment strategy, prudent management of risk portfolios and a positive attitude helped its investors
weather a fluctuating market to receive returns, said Pacific Mutual Bhd Executive Director and Chief Executive Officer, Gary Gan.

"For the whole of last year, there were many activities which changed provisions for portfolio equity investment, with more investors choosing the periodic style of investment in several different categories of funds," he added.

Pacific Mutual Fund Bhd today received the award for the Best Equity Fund Manager at The Edge-Lipper Malaysia Fund Awards 2012 for the third consecutive year.

"On average, our local equity funds recorded returns of 81 per cent, 59.3 per cent, and 149.6 per cent for performance over three years, five years and 10 years respectively, compared to industry equity funds at 70.1 per cent, 43.8 per cent and 135.4 per cent over the same period," he said in a statement today.

He also said four foreign investment funds managed by Pacific Mutual Fund Bhd had yielded returns of 39.4 per cent and 2.7 per cent on average for a period of three years and five years respectively.

"Competitive funds posted returns of 27.2 per cent and less than 16.8 per cent on average for the same three and five-year period," he added.

Gan said the company aspires to continue delivering a consistent high investment value through the returns on its funds in contrast to other competitors.

"This is not just for equities but embracing all other categories of funds," he added. -- Bernama

Discussions
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mavasuppiah

pls compare with public mutual. i guest the return for some of the funds are everage about 8% - 13% per annum.

2012-02-20 17:45

mavasuppiah

any comment?

2012-02-21 09:48

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