KKDW Projects Significant Returns for PMB Investment Funds by 2025


KUALA LUMPUR: The Ministry of Rural and Regional Development (KKDW) has projected PMB Investment Bhd’s funds to achieve returns ranging from seven per cent to 15 per cent in 2025, contingent on the performance of stock and bond markets both locally and globally.

According to BERNAMA News Agency, Deputy Minister Datuk Rubiah Wang highlighted that PMB Investment currently manages 19 Shariah-compliant unit trust funds with total assets under management amounting to RM1.4 billion as of October 31, 2024. She shared that the average return performance of these funds was 5.1 per cent in 2023, rising to 12.9 per cent by October 31, 2024.

Rubiah’s comments came in response to a question from Senator Datuk Mustafa Musa regarding PMB Investment’s synergy, return-on-investment performance for 2023 and 2024, and expectations for 2025. She noted that the company has collaborated with eight local banking and financial institutions, appointing them as institutional unit trust advisors to promote and distribute the funds n
ationwide. The institutions include Affin Bank Bhd, iFAST Capital Sdn Bhd, KAF Investment Funds Bhd, Phillip Mutual Bhd, TA Investment Management Bhd, Bank Simpanan Nasional, UOB Kay Hian Securities (M) Sdn Bhd, and Bank Islam Malaysia Bhd.

Looking ahead, PMB Investment aims to achieve revenue of RM70.56 million and a profit after tax of RM15.5 million in 2025. The company reported revenue and profit after tax of RM37.20 million and RM4.81 million, respectively, in 2023. The anticipated figures for 2024 are RM55.46 million in revenue and RM11.4 million in profit after tax.

Rubiah emphasized the company’s strong performance and its role in enhancing bumiputera equity ownership, providing opportunities for engagement and investment in the equity and bond markets both locally and globally. She was responding to a supplementary question from Senator Tan Sri Mohamad Fatmi Che Salleh regarding improvements in PMB Investment’s performance.