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PMB INVESTMENT LAUNCHED SYARIAH EQUITY FUND FOR KKLW

2017-07-17

M E D I A  S T A T E M E N T

 

PMB INVESTMENT LAUNCHED SYARIAH EQUITY FUND FOR KKLW

PMB Investment Berhad (PMB Investment) today launched PMB Dana Mutiara especially for the Ministry of Rural and Regional Development (KKLW) community and aims to hit RM100 million in sales subscription by December this year.

The launch was officiated by YB Dato’ Sri Ismail Sabri Yaakob, Minister of Rural and Regional Development in conjunction with the 50th Anniversary of Pelaburan MARA Berhad (Pelaburan MARA) at the Sime Darby Convention Centre. PMB Investment is a member of Pelaburan MARA Group.

According to Ismail Sabri, PMB Dana Mutiara is a special unit trust product exclusively for KKLW, agencies and subsidiaries under KKLW that targets corporate investment from nine agencies and 121 companies as well as 40,000 retail sales from within the ministry.

“The investment objective of PMB Dana Mutiara is to provide investors with stable return while achieving moderate to long-term capital growth through investment in equity and fixed income securities that are Shariah-compliant,” said Dato’ Nazim Rahman, the Group Chief Executive Officer of Pelaburan MARA.

At the same event, Pelaburan MARA was awarded “The Longest Operation Unit Trust Management Company in Malaysia” by The Malaysia Book of Records for business category.

The Assistant General Manager of The Malaysia Book of Records, Mohamad Alex Edward presented the award to Nazim Rahman. According to Alex, the difference functions between Pelaburan MARA and PMB Investment in term of business administration and investment management does not affect the qualification of Pelaburan MARA as The Longest Operation Unit Trust Management Company in Malaysia.

 

“This recognition has put up Pelaburan MARA as National Record Holder and proudly The Best of Nation in Business activity”, said Alex.

Also present at the event are the Director General of MARA, Dato’ Azhar bin Abdul Manaf and Chief Executive Officer of PMB Investment Berhad (PMB Investment), Najmi Mohamed.

Pelaburan Mara is a financial services group and asset management company wholly-owned by Majlis Amanah Rakyat (MARA) and was established on 24 June 1967. The Group is principally involved in investments, asset management, financing activities, corporate advisory and investment data services.

PMB Investment is an Islamic Fund Management Company (IFMC) and currently manages 14 funds and a few portfolio mandate with investments in three major asset classes - equity, sukuk and money market.

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For further information, please contact:                           
Marina Ghazali   

Head, Marketing Communications
Pelaburan MARA Berhad
019-232 7423 : marina@pelaburanmara.com.my