I am thinking how long will investor receive their payout cheques? Say if PSMALLCAP declares dividend this August 2010, when will I receive my cheque if I choose payout?

Thank you.

Public Mutual’s new fund to benefit from Indonesia’s strong growth potential

Public Bank's wholly-owned subsidiary, Public Mutual is launching a new fund, Public Indonesia Select Fund (PINDOSF) on 1 September 2010. The fund invests in a diversified portfolio of blue chips, index stocks and growth stocks primarily in the Indonesian market, with up to 30% of its net asset value (NAV) invested in the Malaysian and other global markets.

Public Mutual's Chief Executive Officer Ms. Yeoh Kim Hong said Indonesia, which has the largest economy in South East Asia, is poised to be one of the fastest growing economies in Asia after China and India. "Supported by the fourth largest population in the world and rich in resources, the Indonesian market offers good long-term capital growth opportunities," she said.

Yeoh further added that Indonesia charted a healthy growth rate averaging 5.1%1 per annum over the 2000-2009 period as it was underpinned by resilient domestic demand and a series of economic reforms. "Due to its large domestic base, Indonesia's economic performance is envisaged to be more resilient than other economies in the event of slower global growth," she said.

Meanwhile, Indonesia's fiscal position has improved in recent years due to its sound fiscal and debt management. The government maintained a fiscal deficit of less than 3%2 of Gross Domestic Product (GDP) over the 2000-2009 period. Its GDP growth is expected to rebound from 4.5%2 in 2009 to 5.8%2 in 2010 and to grow at 6.2%2 in 2011 on the back of resilient consumer and investment spending as well as strong global demand for commodities. Its domestic demand is expected to remain resilient amidst an accommodative interest rate environment and manageable inflationary pressures.

In addition, Indonesia was one of the best performing regional markets in 2009 with a 114.7%3 return. The Indonesian stock market registered a further gain of 17.5%3 on a year-to-date basis to 28 July 2010 amidst robust economic activities.

Yeoh said PINDOSF would focus on sectors which include banking & finance, commodities, building materials and consumer. "The banking & finance sector in Indonesia has experienced strong growth in loans and financial services, whereas strong output growth is projected for its commodities sector. Meanwhile, the building materials sector benefited from sustained infrastructure spending, and improved purchasing power has benefited the consumer sector," she said.

PINDOSF's equity exposure will generally range from 75% to 98% of its NAV. The fund is a niche product suitable for investors with aggressive risk appetite who wish to capitalise on the long-term growth prospects of the Indonesian market.

The initial issue price of PINDOSF is RM0.2500 per unit during the 21-day initial offer period from 1 to 21 September 2010. The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100. During the offer period, special promotional service charges as low as 5% of initial issue price per unit are extended to the purchase of units of PINDOSF. Investors who opt for Direct Debit Instruction with PINDOSF during the offer period will enjoy a special promotional service charge of 5.25% of NAV per unit for as long as the Direct Debit is active. Terms and conditions apply.

Interested investors can contact any Public Mutual unit trust consultant or call its Customer Service Hotline at
03-6207 5000 for more details of the fund.

Public Mutual is Malaysia's largest private unit trust company with 79 funds under management. It has over 2,320,000 accountholders and as at 30 July 2010, the total net asset value of the funds managed by the company was RM37.8 billion.

1 Bloomberg, July 2010
2 Asian Development Bank and Bank Indonesia
3 Lipper, July 2010

URL: http://www.publicmutual.com.my/page.aspx?n...rls_100825_1305

Has anyone made additional investment through public mutual online? Has anyone paid using MEPS FPX for additional investment made online? If yes, how secure is that?

Thanks in advance..

FPX is safe. Used that before to repay PTPTN.

This one has good potential. But one that needs a strong stomach. And a decisive reaction to cut loss when required.

why i cannot buy through FSM?

Because they don't collaboration/partnership.

Dear Unitholder, We are pleased to attach the market wrap for the week ended 20 August 2010 for your information. Regards Customer Service e-mail proclaimer This e-mail and any attachment is intended for the addressee(s) only and may contain information that is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its contents is strictly prohibited. If you have received this email in error, please notify us immediately by return email or our hotline 036207 5000 and delete the document. This communication has not been transmitted via a private or secure link or in encrypted form and is therefore subject to the usual hazards of Internet communications, nor can it be guaranteed that this communication has not been the subject of unauthorised interception or modification.

Dear all (especially David83, Jordy, and Guanteik)

I've been investing in PM for quite a while and have been using the switching strategy to time the market the best I could since I monitor exchange rate and stocks for my daily work. I have 2 questions for all here:

1) How strict is PM about the 21 days switching rule? The fineprint says PM reserves the right to reject any switching transactions if its done within 21 days of purchase/switching. Sometimes we can't wait for 21 days when the market requires us to switch (either cut loss or lock in profit). I have switched before 21 days a couple of times and they were all accepted so I'm not sure how strict this rule is. I've called PM before and the guy told me they're not very strict as long as the switching within 21 days is not done TOO often. But he couldn't explain to me how OFTEN is OFTEN? It's so subjective. I'd prefer not to accidentally repurchase when they reject my transaction so can anyone explain to me? Thanks!

2) In the PM gold status brochure, it says we can qualify if we have 100k MGQP. And it says MGQP is added if we switch into equity funds and MGQP is deducted when we switch out of equity funds. But my MGQP has been the same since I started investing in PM even though I have been swicthing. How does that work? and what happens when I do reach 100k? Can I call them to ask for the status? And if it drops below 100k for some time, how long is the grace period before my gold status is disqualified? 3 months? 1 year? It's not very clearly stated. Coz sometimes when the market is at the peak, when i switch out of equity funds and into bond funds, what happens to my MGQP and gold status?

Thanks for your time and hopefully someone can give me a clear explanation for the above.

DarenS

can i ask a question, i want to withdrawn my unit trust that bought from public mutual. I heard if i got public bank account, system auto bank in to my saving account. Let say if i dun have any public bank saving account, how i going to take back my money?

@DarenS
I can only answer you on question#2. I personally have not been in the scenario of the question#1. Sorry for that! As long as you have 100K MQGP, you are still a Gold member. Your membership will be revoked immediately if your MQGP falls below 100K. Say you invested RM100K on a fund, and switched it to another after 3 months, your MQGP will remain the same. No minus or addition even the fund performs/losses. Your MQGP will be affected if you withdraw the units from the account. The rule is simple, any purchase of unit trust with service charges of 5.5%, you will be entitled for MQGP. Purchasing bond funds are not entitled for it. But if you switch from Bond/MM to Equity, you will get the MQGP and being changed 5.5%. If you have equity funds and switched to bond, your MQGP remains as you have earlier paid the service charge for the equity.

Hope this helps.


@net_seeker,
You can withdraw your units to Maybank/PBB for normal member, any banks for Gold member. That's auto bank in. You may want to request for a cheque too.

Hi Guanteik,

Don't worry about question number 1 Hopefully someone else who has experienced the same scenario can explain to me
Thanks for your answer to #2 though! It's well put and I understand it well now. So as long as I have paid the 5.5% sales charge, I have 'earned' the points permanently even if I later switch out of it. Is that right? Means I have a few thousand to go before I achieve that! Can't wait for the gold status as I can then switch for 12 times for free!:) Are you yourself a gold status holder? How has it been for you? If you are, did you have to call PM to ask for the status once you've reached 100k?

so i just walk in to any public bank then ask them withdrawn my unit trust to my maybank account? or I must find back my agent?

If not mistaken there are Public and PB fund, for public fund can only buy through agent while PB buy through public bank. So maybe the concept apply to selling also. However, if u go to any public mutual branch should be able to sell.

Public Mutual declares income distributions for 3 funds

Fund | Gross Distribution (sen per unit)
Public SmallCap Fund | 9.00
PB Islamic Equity Fund | 1.50
PB Islamic Asia Strategic Sector Fund | 0.75

URL: http://www.publicmutual.com.my/page.aspx?n...rls_100901_1120

@DarenS
Once you reached 100K, your status profile will be changed in the system. For the first time, the PM customer service will call to 'congratulate' you on becoming a Public Mutual Gold Member. They will explain to you on the benefits of being a PM Gold Member... bla bla bla, then they will send you a PM Gold Card to indicate you are a Gold Member. Since you just need a few K to go, probably it's best you experienced it yourself.

Sounds good! I can't wait to experience it! haha

Anyone has an answer for question 1???????????

I wonder why PB and PM series fund performance is so different...
Same company, but managers have huge performance gap.
just compare growth fund of both series, 10 year period.

Was wondering... how many of you do not reinvest your distribution units, as in selecting cash out instead of payout? I personally has a few unit trust profiles which I am cashing out.

Many investors choose to reinvest the distribution, reason being distribution invested will be at NAV price, u safe on the 5.5% service charge.
If u cash out and then use the cash out money to invest manually, u need to pay 5.5%