Why invest in Public China Ittikal Fund (PCIF)?

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The Chinese economy is projected to grow by 6.5 percent in 2009 and 7.5 percent in 2010 sustained by the government’s US$586 billion stimulus package and accommodative monetary policy. Over the longer term, growth is expected to be supported by resilient domestic consumption which is propelled by rising income levels, urbanisation, and favourable demographics.
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Hong Kong’s financial services hub benefits from the opening of China’s capital markets while Taiwan is expected to capitalise on China’s growth as a potential market and outsourcing hub for its electronics industry. In addition, the Taiwan government’s decision to allow Chinese institutions and corporations to invest directly in the Taiwan stock market effective 2 May 2009 is expected to improve business sentiment in Taiwan and enhance the island’s growth prospects over the longer-term.
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PCIF has an attractive fund management fee of 1.6 percent per annum of the NAV.

HAYAT'Caye xcaye,for every transaction of RM500 and above into Public China Ittikal Fund during the promotional period, Public Mutual will donate RM1 to Baitulmal, an authorised body to accept and manage funds for the benefits of the society' (Sources : HilmiHayat87,24 Julai 2000)