Source of Statistics: http://www.publicmutual.com.my/
Name of Fund: Public Dividend Select Fund, Category of Fund: Equity Fund, Launch Date: 03 May 2005, Investor’s Risk Profile: Moderate.
Since the stock market of Malaysia (Esp. KLCI) has been climbing up recently, most of the funds launched by Public Mutual have drastically increased in it’s Total Returns. Public Divident Select Fund(PDSF) is one of the fund that would give the best returns to it’s investors. And the best thing is that PDSF is one of the most steady/stable fund from Public Mutual. It invests in the stocks which have the potential to offer attractive dividend yields.
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For the first time since 1997, the KLCI touched 1,030 points on this tuesday, 15 Nov 2006. Finally, the index rises 10.28 points and closed at 1,030.39 points. This is the highest points in which the KLSE ever acchieved in past 9 years. There are 602 counters climbed higher, 240 counters fell, 292 counters remained unchanged, and 186 counters not in transaction.
The trading volume remains high with 1.1billion shares changing hands valued at RM1.4bn. The KLCI continues to stay above the 1,000 mark and we expect the next level of resistance to be 1,040 with support at 1,000. In the other hand, FTSE Bursa Malaysia 100 Index increased 70.09 points and closed at 6668.93 points.
