Because you would be entering a green field industry in Malaysia with awesome upside potential.
As at end March 2004, India’s equity penetration rate (which can be defined as the combined value of all assets managed by a country’s unit trust industry DIVIDED by its total equity market capitalization) was 12% (sources: Association of Mutual Funds in India, and the Bombay Stock Exchange). The UK’s was 34% (sources: London Stock Exchange, and Investment Management Association, UK).
Ours? A meager 10.84% (As at end March 2004. Source: Securities Commission). Couple that with Malaysians having RM6 in fixed deposits for every RM1 we have in private unit trust funds. Translations: There’s room to grow:
source:Bank Negara Msia, Monthly Statistical Bulletin March 2004 : The Edge-Lipper Fund Table, 10/05/2004.
OK, BUT WHY WOULD I WANT TO JOIN PUBLIC MUTUAL?
Because we’re the biggest and best!
We’ve raked up more than two decades of fund management experience in the challenging Malaysian environment. Along the way, we’ve won a string of fund management awards; from just 1999 through to 2004, we brought back 27 of those - including 10 in year 2004.
As at 31 March 2004. Source : The Edge-Lipper Fund Table, 10/05/2004
We’re majority-owned and formidably backed by the solid Public Bank Group.
We enjoy 28% market share of the burgeoning private unit trust sector.
But most importantly because we exist to serve our investors and consultants.
SO, WHAT’S IN IT FOR ME?
A lot! Your success as a Public Mutual unit trust consultant depends upon your desire to excel. The highest annual remuneration ever achieved by our unit trust consultants was RM 1, 542, 441!
The highest passive annual income (residually earned from prior sales while that active agent was busy elsewhere selling to new Public Mutual account holders!) paid out to a Public Mutual unit trust consultant was RM 67, 803.
Other neat perks include free holidays, peer recognition, free insurance coverage, and many more.
HOW CAN YOU HELP ME MAKE IT BIG?
We’ll support you with a suite of financial planning and sales tools, best-in-class training, and the greatest range of Malaysian unit trust investment products available under a single roof.
HOW DO I START?
If you are at least 21 years of age, possess a degree or at least SPM qualification and have strong business contacts, you have already met the basic requirements.
Please e-mail if you seriously crave to enhance your personal and professional life
Source: Public Mutual Website