Public Mutual launches PB US Eagle Fund

Public Mutual US Eagle Fund is the first foreign equity fund under the PB Series of Funds which focuses on the US market.

KUALA LUMPUR: Public Mutual has launched a new fund, PB US Eagle Fund (PBUSEF), that focuses its investments in the US market.

In a statement, it said PBUSEF is the first foreign equity fund under the PB Series of Funds which focuses on the US market. It targets long-term capital growth by investing 75% to 98% of its net asset value (NAV) in equities.