Regular reviews are held to ensure the requirements are being met and to establish whether the objectives and needs have changed. These reviews are necessary for PCM to continually serve the best of your interest.

For clients who wish to have complete discretion over his own investment portfolio, this would be the ideal choice. Clients can focus on the management of his investment portfolio while leaving the responsibility of fund administration to the Investment Manager.

A portfolio of pre-selected equities chosen to at least track/outperform the performance of the Kuala Lumpur Composite Index in the long term (minimum 2 years). A pure Equity Portfolio has the highest risks among the three types of portfolios that we offer. However, this Portfolio will give the highest returns over a longer period of time, e.g. 5 years.

 

• Treasury Bills (T-Bills)

Treasury Bills are sold by weekly tender (Wednesday, 11 a.m.) with 91-day bills offered weekly, 182-day bills fortnightly and 364-day bills every four weeks. The amounts and periods on offer are announced on the proceeding Wednesday and the Bills issued the following Friday. Bank Negara issues a price list at the end of each month for all outstanding T-Bills as well as other Government securities.

• Bankers Acceptance (BA)

A bankers acceptance (BA) is a bill of exchange drawn on and accepted by either a commercial bank or a merchant bank. In Malaysia, BAs are to be drawn only for short-term trade financing with a minimum denomination of RM30,000 for a period of 21 to 365 days.

• Negotiable Certificate of Deposit (NCD)

A negotiable certificate of deposit (NCD) is a receipt for a time deposit in Ringgit placed with a commercial bank. Unlike the receipts for ordinary fixed deposits, the NCD is negotiable. The name of the depositor is not stated on the NCD and the issuer undertakes to pay the principal sum of the deposit to whoever is the bearer of the NCD on the date of maturity. NCDs are issued for multiples of three months to five years, in denomination of RM50,000 to RM1 million.

• Government Investment Certificate (GIC)

A GIC is a non-interest bearing instrument issued by the Government on an Islamic basis with original maturities of one, two and five years. The Government on the anniversary date of issue of the Certificates declares the returns.

• Cagamas Bonds

These are mortgage-backed bonds issued on an auction basis through a system of principal dealers. The original maturities are two, four and five years.

• Floating Rate Negotiable Certificate of Deposit (FRNCD)

FRNCD have a specified tenure similar to NCDs but the interest rates are adjusted every 3 or 6 months based on the Kuala Lumpur Inter-bank borrowing rates. The adjustable interest rate minimises interest rate risk for investors while providing the issuers with long-term funds on the basis of shorter-term interest rates.

• Bank Negara Bills

These are short-term papers similar to Treasury Bills, which are issued on an auction basis.

• Malaysian Government Securities (MGS)

These are another debt papers issued by the Government and sold through the primary dealer system. There are 23 primary dealers of which 9 are commercial banks, t merchant banks and 7 discount houses who also act as market-makers by providing two-way quotations in the secondary market. Most MGS have long term maturities of 15-20 years. The coupon rate of the tendered portion are fixed based on the average yields of the successful bid of the auction and for the subscribed portion based on the effective yield from the auction.

• Private Debt Securities (PDS)

PDS are debt securities issued by the private sector/corporate. The Rating Agency of Malaysia, which provides professional judgement of a corporate’s creditworthiness, so that investors can assess their risk better and reduce misuse of bond financing, rates all corporate debt papers.

Investment can be in shares of companies listed on the Main Board and Second Board of the Kuala Lumpur Stock Exchange. PCM prefers to invest in defensive companies with strong balance sheet and has a selection of stocks in our approved equity list. However, if yours is a non-discretionary portfolio, PCM only acts as an advisor and facilitator for your portfolio’s administration. The decision on which stocks to buy lies solely on you.

PCM's EPF Scheme offers :-

• More control over your EPF savings

          You have the option of :-

1. Appointing qualified professionals to manage your EPF savings, or
2. Jointly managing your EPF savings through PCM’s Discretionary and Advisory Management Services.

• More flexibility and choices

• More transparency with POEMS

• More PERSONALISED and professional service

• More COST EFFECTIVE and TECHNOLOGY ORIENTED fund management services