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11 PMB Investment funds record strong performance in 2020

KUALA LUMPUR (Feb 5): Pelaburan MARA Bhd s subsidiary PMB Investment Bhd has announced that 11 out of its 16 funds recorded excellent performance as listed in Lipper Investment Management in the unit trust categories of Malaysian Equity, Equity Growth, Income Growth and Equity Index for the period ended Dec 31, 2020. The fund consists of PMB Shariah TNB Employees Fund, which posted a growth of 66.3%, while PMB Shariah Growth Fund and PMB Shariah Small-Cap Fund, both under the Growth Equity category, recorded returns of 54.8% and 37.1%, respectively. PMB Shariah Asean Stars Equity USD, which is also an equity growth fund, recorded a return of 35.3%, while PMB Shariah Tactical Fund registered 27.7% and PMB Smart Fund notched up 26.4%.

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