Dividend For Public Aggressive Growth Fund and Public Regular Saving Fund 2010

Dividend For Public Aggressive Growth Fund and Public Regular Saving Fund 2010. OMG! The distribution was scared me! So High!!


Below is the announcement :

Public Mutual, declared distributions for two of its funds. The total gross distributions declared for the financial year ended 31 March 2010 are as follows:

Fund	Gross Distribution / Unit
Public Aggressive Growth Fund	8.00 sen per unit
Public Regular Savings Fund	4.50 sen per unit

Public Mutual Chief Executive Officer Ms. Yeoh Kim Hong said both funds have outperformed their respective benchmarks and managed to deliver respectable double digit returns for the period ended 5 March 2010.

According to The Edge-Lipper Fund Table dated 15 March 2010, Public Aggressive Growth Fund and Public Regular Savings Fund generated one-year returns of 53.74% and 52.38% respectively for the period ended 5 March 2010. Meanwhile, the benchmarks for Public Aggressive Growth Fund and Public Regular Savings Fund recorded one-year returns of 49.53% and 49.63% respectively within the same period.

Public Aggressive Growth Fund aims to achieve high capital growth over the medium- to long-term period through investments in situational and high growth stocks. Meanwhile, Public Regular Savings Fund, which is open for EPF Members Investment Scheme, aims to achieve consistent capital growth with a steady growth of income over the medium- to long-term.

(source from Public Mutual Official website)

Ok, case study:

  Assuming you invested RM10K in Public Regular Saving Fund at the buying price of 0.58*. So, the total units you have is (10,000/0.58) = 17,241.38. Now, the distribution is 4.5 cent per units. So, your income or dividend for this year will be (17,241,38)X0.045 = RM775.86! it's about 7.7%.

   RM775.86 without doing anything. Just let your money 'roll itself'. You know what you will get if you put in Bank Fix-deposit? With the current rate which is 2.5%, you only get RM250. Gosh!

* i used the recent price for our calculation. what if you bought it 5 years ago? it's far more than 7.7%.

Case study 2:

  Assuming you invested RM10K in Public Aggressive Growth Fund at the buying price of 0.70. Total units you get is 14,285. Times with the 8 cent per units, you will get RM 1,142.85 or 11.42%.

 Too bad i didn't invest into this two funds (yet).

Have a great day!