Wednesday, August 8, 2012

Public Growth Fund - PGF - 2012

The Public Growth Fund launched in about 28 years ago in 1984 is considered a very stable fund with long history of good performance. This financial year however, the performance is not in par with funds in similar category.

This is suspected partly due to the fund's exposure of about 20% into China market. The fund"s objective is to achieve long term capital appreciation with income considered incidental. As such a single financial years performance can not be the measure to it's long term objective.

Here is the fund review for Public Growth Fund for second quarter of year 2012.

Public Growth Fund (PGF)