Special Campaign for Public China Ittikal Fund (PCIF) - 16 June 2009 to 31 July 2009

Just in case u missed the ad on the newspaper, Good News! Public Mutual will be running a special campaign for Public China Ittikal Fund (PCIF) from 16 June 2009 to 31 July 2009.

During this period, investors will enjoy a special promotional service charge as low as 5.00%! The normal charge rate is at 5.50%

For investment of RM10,000 & above, the service charge will be at 5.00%

As for investment from RM5,000 to RM9,999-99, the service charge will be at 5.25%

Besides, you will be contributing to charity, while investing!

For every successful transaction above RM500 into PCIF during the promotional period, RM1 will be donated by Public Mutual to Baitulmal, an authorized body to accept and manage funds for the benefits of the society.

Will PCIF perform? They have been dissapoiting thus far..

In the current economic crisis, if there is any country who can lead the rest of the world out of this crisis, it has to be China. The Chinese economy is expected to lead emerging markets in a period of economic recovery throughout 2009 and 2010. The Chinese economy is projected to grow by 6.5% in 2009 and 7.5% in 2010 supported by the government’s US$586 billion stimulus package and accommodative monetary policy.

Based on the quarterly report (as at 31 March 2009) by Public Mutual, PCIF invest 44.64% of their money in China, 25.54% in Taiwan, 17.81% in Malaysia and 12.01% in Hong Kong.

Within the stock markets of Greater China, there is a wide range of listed companies which may provide good opportunities for investors to participate in the future growth of the region. PCIF is positioned to tap into the long-term growth opportunities of the Greater China region of China, Hong Kong and Taiwan.

Public Mutual: Malaysia’s Most Trusted Brand

Sometimes, awards won are gauged as to whether the company is a reputable or not. Therefore, it is tempting for companies to “buy” some award to help them gain some reputation.

So how do we gauge which is good? There are no definite answers to our doubts, so we can only observe. While some awards that are not so reputable can be easily “bought”, award such as the renowned Reader’s Digest Trusted Brand award is simply one of the awards that can’t be easily “bought”!

For over a decade, the Reader’s Digest Trusted Brands survey has been recognized as Asia’s most comprehensive and credible measure of consumer confidence, based on scientific, structured and transparent research.

So when Public Mutual, the country’s biggest Private Investment Fund Company was named as Reader’s Digest Trusted Brand 2009: Investment Fund Company along side the government’s Amanah Saham Nasional Berhad, we can be sure that this is one company that has performed, and up until now, has the faith of the Malaysians!

If their funds are performing badly, surely, the investor would not have been happier to vote them into this award!

Distribution For the Financial Year ending 31 May 2009

Public Mutual Bhd has declare gross income distributions for five funds for the financial year ended May 31, 2009.

They are:

1) Public Ittikal Fund (6.00 sen per unit)
2) Public Islamic Equity Fund (1.75 sen per unit)
3) Public Dividend Select Fund (2.00 sen per unit)
4) Public Balanced Fund (5.00 sen per unit)
5) Public Select Bond Fund (2.50 sen per unit).

Despite the financial crisis, Public Mutual still able to generate double digit three-year return rate, and outperform the respective benchmark! The three-year return rate is as follows (based on The Edge-Lipper Fund Table dated May 18, 2009)

1) Public Ittikal Fund 16.87% (Benchmark 7.92%)
2) Public Islamic Equity Fund 19.26% (Benchmark 7.92%)
3) Public Dividend Select Fund 23.33% (Benchmark 6.30%)

Inflation in April 2009

Inflation for April 2009, rises 3% compared to April 2009, though it had fallen compared to March's 3.5%. And the items that rise the most: Food and Non-alcoholic drink, which increased by 7.5%, while non-food increased by 0.9%.

So, we can see that even financial crisis can't stop inflation! As long as the demand is there, prices will keep on rising, and the value of your savings in Fixed Income will continue to shrink!

http://www.btimes.com.my/Current_News/BTIMES/articles/20090520171101/Article/index_html

Why you shouldn't put your money in Fixed Deposit now!!!

The obvious reason why you shouldn't put your money in the Fixed Deposit now!


1) Damansara Heights Bungalow1960's: RM40,000
Today: RM3,000,000
Compounded Annual Rate: 11.71%

2) Popular Vehicle
1960's: 1.2 litre Datsun 1200
Cost: RM7,000

Today: 1.3 litre Perodua Myvi
Cost: RM43,000

Compounded Annual Rate: 4.76%

3) A Cup of Coffee
1960's: RM0.15
Today: RM1.20 to RM1.50
Compounded Annual Rate: 4.71%

4) Arrow's T-Shirt
1960's: RM10.00
Today: RM90.00
Compounded Annual Rate: 5.80%

5) Civil Servant's Salary
1960's: RM100 to RM150
Today: RM2,000
Compounded Annual Rate: 6.87%

I haven't check out what is the lastest FD rate now, but surely it's lower than the 3.5% before the Bank Negara cut the rate. And all these examples have a higher annual compounded rate of 3.5%.

Source:
http://biz.thestar.com.my/news/story.asp?file=/2009/4/18/business/3695447&sec=business

Public Select Alpha-30 Fund

On the 7th of April, 2009, Public Mutual launched their first fund for 2009, Public Select Alpha-30 Fund. It has been quite some time since they last launch a new fund, obviously due to the worsening financial crisis in the US.

So what is the focus of this fund?

- As the name suggests, it will invest in up to a maximum of 30 stocks primarily listed on Bursa Malaysia.

- To diversify its investments, the Fund may invest in selected foreign markets which include Singapore, Taiwan, South Korea, Japan, Australia, New Zealand, Hong Kong, China, Thailand, Indonesia, Philippines and other markets.

- equity fund that seeks to achieve capital growth

Nature of the fund: Aggressive risk-reward temperament

Issue price: RM 0.25

During the offer period between 7 April to 27 April 2009, a service charge of up to 5.00% will be charged. After the offer period, service charge of up 5.50% will be charged.