The Fund aims to achieve capital growth and income in the medium to long term by investing in a portfolio of global equities with a consistent long-term track record of paying dividends. Having said so, the focus will be on income, derived from a mix of dividends and interest/profit sharing income. Capital appreciation will be a lesser focus.
The Fund is suitable for investors who are seeking to invest in a portfolio of dividend type equities that have shown a good track record of paying dividends; investors who seek capital growth and income; and investors who have a medium to long-term investment horizon.
The Fund will invest predominantly in a portfolio of global dividend type equity securities with a track record of consistent and attractive dividend payouts. In addition to attractive dividend yields, the Manager will take into account the existing fundamentals of companies and their medium to long-term ability to continually grow their business and hence, dividend payout potential. These equities must have a track record of a minimum seven years of consecutive dividend payments.
The Fund may also invest in companies that do not have a minimum seven-year consecutive dividend payment track record but that have paid dividends in seven out of the last 10 years. Companies with no dividend track record but with strong fundamentals and cash positions and that are likely to make future dividend payments may also be considered. This will be limited to a maximum 15% of the Fund’s NAV. The Fund’s NAV that is not invested in equities will be invested in cash, Malaysian fixed income securities and money market instruments.
Asset Allocation
Equity allocation:
• Minimum: 70% of the Fund’s NAV
• Maximum: 100% of the Fund’s NAV
Cash, fixed income securities and money market instruments allocation:
• Maximum: 30% of the Fund’s NAV
Investor Profile
- seek to invest in a portfolio that is invested in dividend type equities that have shown a good track record of paying dividends;
- seek capital growth and income; and
- have a medium to long-term investment horizon.
What is so special about the Fund?
A key distinctive feature of this Fund is the fee structure which gives investors the opportunity to enter into the investment at NO cost. It is also unique in that it specifically seeks dividend type equities with a good track record of paying dividends. These equities must have a track record of a minimum seven years of consecutive dividend payments. The Fund will also be actively managed to optimise returns and reduce risk to investors.
Source: Pacific Mutual Berhad
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