Unit trusts  builds sound  financial  future: Zeti
Published on: Monday, April 22, 2019

SUNGAI PETANI: Unit trust is a form of investment that has the potential to help build a sound financial future for oneself and family, Permodalan Nasional Bhd (PNB) group chairman Tan Sri Zeti Akhtar Aziz (pic) said.

She said the influence of the present environment prompted all to be better prepared for future financial commitments.

“Those who take a lackadaisical attitude towards their financial planning will feel the pinch when it comes to funding important events in life such as children’s education or home purchase,” she said at the launch of the Minggu Amanah Malaysia (MSAM) 2019 here.

The event is held at Amanjaya Mall here from April 19-25.

Zeti said MSAM is an important PNB’s annual unit trust event aimed at raising awareness among Malaysians on the aspect of financial investment, and has attracted over 3.8 million visitors since its inception in 2000.

Zeti said PNB, which was established in 1978 as a fund manager to help develop the Malaysian economy, has managed to bring competitive returns on investment to its investors.

“Over a period of more than 40 years, PNB has endured a host of adverse conditions and regional and world economic crises.

“But on the whole, PNB’s performance since its inception is something to be proud of,” she said.

PNB has 13.8 million registered account holders with assets valued at RM236.6 billion which if added to the company’s fund of RM61.9 billion, it holds a total of RM298.5 billion of assets, she added.

“This is a great responsibility that needed to be shouldered through prudent, professional, transparent and trustworthy management,” she said.

On PNB’s future endeavours, Zeti said PNB’s main strategic focus for the year is reviewing and updating its Strategic Plan 2017-2022.

She said three aspects will be given emphasis, firstly, diversifying investments by increasing investment in various asset classes, secondly, strengthening liquidity management for optimum returns.

Thirdly, PNB will also strengthen risk management to be more comprehensive and integrated to reduce the likelihood of losses, as well as transform the organisation to be more efficient, brilliant and successful, she added. – Bernama


Other News

Follow Us  

Follow us on            

Business Top Stories