Public Islamic Infrastructure Bond Fund
My pm agent has recommended to invest in public islamic infrastructure bond fund.
Public islamic infrastructure bond fund. Public islamic infrastructure bond fund is an islamic bond fund that seeks to provide annual income to investors through investments in sukuk of companies in the infrastructure sector. The fund invests 98 in a portfolio of sukuk in the. I was told it has potential to gain more this year. The fund allows investors to access the sukuk market which is usually inaccessible to the average investor as it is a market for institutions where the standard transaction lot is rm 5 million.
For the 12 months ended 28 august 2020 public islamic bond fund pi bond or the fund registered a return of 5 40 and outperformed its benchmark s return of 3 11 over the same period. Investment money will be taken out of epf wondering if it s a mistake. Give us a call at 603 2022 5000. Our products unit trust.
The fund seeks to provide annual income to investors through investments in fixed income securities of companies in. Public dividend select fund s distribution is 0 3 sen per unit while public islamic infrastructure bond fund will be distributing 4 8 sen per unit. The fund s objective is to provide annual income. Over the medium to long term period of 3 years 5 years and 10 years the fund generated respective returns of 20 75 33 70 and 68 10 which.
Pb infrastructure bond fund is an open end unit trust incorporated in malaysia. Public islamic infrastructure bond fund is an open end unit trust incorporated in malaysia. Fund prices fact sheets investment research advice and portfolio tools for oeics unit trusts isas peps etfs offshore and life and pension funds. Planning about 35k invest.
Any views are welcomed.