PMutual Launch New Fund

Hi all,

Hari ni 15 December, PMutual launch fund baru untuk investors; Public Islamic Savings Fund (PISVF).

PISVF ialah sebuah dana ekuiti pendapatan Islam yang bermatlamat untuk menyediakan pendapatan* dalam jangka masa sederhana hingga panjang dengan melabur dalam sebuah portfolio pelbagai pelaburan terutamanya saham-saham Malaysia patuh Syariah yang menawarkan atau mempunyai potensi untuk menawarkan kadar hasil dividen yang menarik. Dana ini memfokus kepada pelaburan dalam syarikat-syarikat yang telah menunjukkan konsistensi dalam memberi ganjaran kepada pemegang-pemegang saham mereka melalui pembayaran dividen. PISVF juga melabur dalam saham-saham bertumbuh atau pemulihan yang patuh Syariah serta mempunyai potensi untuk menerima pakai dasar pembayaran dividen.

Ketua Pegawai Eksekutif Public Mutual Yeoh Kim Hong berkata, “PISVF memfokuskan pelaburannya terutama dalam pasaran domestik, dana ini menawarkan pelabur-pelabur peluang untuk mengambil kesempatan daripada prospek pertumbuhan ekonomi Malaysia yang berdaya tahan dalam jangka masa sederhana hingga panjang. Prestasi sektor-sektor patuh Syariah terpilih dalam ekonomi Malaysia dijangka terus disokong oleh perbelanjaan pengguna dan pelaburan yang bertahan bagi jangka masa lebih panjang.”

PISVF memberi peluang kepada pelabur untuk mengambil bahagian dalam sebuah portfolio pelbagai saham mewah, saham bertumbuh dan saham terkurang nilai patuh Syariah yang mengagihkan atau mempunyai potensi untuk mengagihkan dividen yang menarik. Selepas pasaran ekuiti jatuh mendadak pada penghujung suku ketiga tahun 2011 disebabkan oleh kerisauan pada pergerakan pertumbuhan ekonomi global yang perlahan dan krisis hutang berdaulat di Eropah, sahamsaham tersenarai di pasaran ekuiti domestik diniagakan di bawah aliran penilaian dan menawarkan peluang pelaburan yang menarik bagi pelabur jangka sederhana hingga panjang.

*

Pengagihan (jika ada) akan dilabur semula kecuali jika pemegang unit memilih untuk pengagihan dibayar.

Bagi mempelbagaikan pelaburan, dana ini boleh melabur sehingga 30% daripada nilai aset bersihnya (NAB) dalam pasaran-pasaran luar negara terpilih termasuk Singapura, Taiwan, Korea Selatan, Jepun, Hong Kong, Negara Thai, Indonesia, Filipina, Luxembourg dan pasaran-pasaran lain yang diluluskan. Pendedahan ekuiti PISVF adalah di antara 75% hingga 98% daripada NAB dana. PISVF adalah sesuai bagi pelabur-pelabur yang bersifat sederhana dalam menerima risiko dan ganjaran serta memberi keutamaan untuk menerima pendapatan sementara pertumbuhan modal adalah sekunder

Harga terbitan permulaan PISV ialah sebanyak RM0.2500 seunit di sepanjang tempoh tawaran permulaan selama 16 hari dari 15 hingga 30 Disember 2011

Pelaburan permulaan minimum bagi dana ini ialah RM1,000 dan pelaburan tambahan minimum ialah RM100. Di sepanjang tempoh tawaran tersebut, bayaran perkhidmatan promosi istimewa serendah 5% daripada harga terbitan permulaan seunit ditawarkan ke atas pembelian unit PISVF oleh para pelabur.

Para pelabur yang memilih untuk melabur dalam PISVF dengan menggunakan Arahan Debit Terus semasa tempoh tawaran juga akan menikmati bayaran perkhidmatan promosi sebanyak 5.25% NAB seunit selagi Debit Terus itu masih aktif. Tertakluk kepada syarat dan peraturan. PISVF diedarkan oleh perunding-perunding unit amanah Public Mutual. Pelaburpelabur yang berminat boleh menghubungi mana-mana perunding unit amanah Public Mutual atau dail Talian Perkhidmatan Pelanggan 03-6207 5000 untuk mendapatkan maklumat lanjut mengenai dana tersebut.

Pada pendapat saya, dana ini adalah satu dana yang boleh diambil perhatian oleh investor2 di luar sana terutama sekali investor yang mempunya profil risiko yang sederhana dan paling utama pelaburan nya adalah dalam saham2 yang patuh Shariah. Tentang pengagihan dividen tu, bergantung kepada performance saham2 tu nanti. Kite tak bole nak janji yang distribution pasti akan diperoleh. InshaAllah, mudah2an dapat lah dividen kan? 

Sumber: Public Mutual Berhad

Ringgit Cost Averaging

Introduction

"If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what’s going to happen in the stock market."

–

Benjamin Graham, author of "The Intelligent Investor"

Investing would be so simple if only one could predict when is the best time to buy or sell. However, timing the market is impossible and many have made huge losses due to trying and consequently failing. One of the ways to ride out the ups and downs of the constant volatility of the stock market is to use ringgit cost averaging. This method ensures we benefit from the historical strong returns shown in the long run and hedges the effects of retracement and slight downtrend in the short term.

Ringgit cost averaging is an investment technique intended to reduce exposure to risk associated with making a single large purchase by investing a fixed amount on a particular investment (such as unit trusts) at regular intervals (either monthly or quarterly), regardless of the unit price. For example, you can choose to transfer RM500 to RM1,000 from your paycheck to a unit trust fund or you can even make a RM1,500 or RM3,000 investment every quarter. The amount and frequency of your investments depend on your financial means and future goals.

How Dollar Cost Averaging Works

"Save little save often – dollar (ringgit) cost averaging works, if you stick to it."

–

Paul Clitheroe, "Ten Key Steps to Wealth", 2002.

To illustrate dollar cost averaging better, let’s say you want to save RM12,000 each year for your child’s education fund. Instead of investing it in a lump sum and bear the risk of entering when the market is high, you decided to invest RM1,000 into a unit trust fund each month as shown in the chart:

Month	Investment Amount (RM)	Price Per Unit (RM)	Number of Units Purchased
January	1,000	0.2549	3,923.11
February	1,000	0.2261	4,422.82
March	1,000	0.2068	4,835.59
April	1,000	0.1846	5,417.12
May	1,000	0.1645	6,079.03
June	1,000	0.1589	6,293.27
July	1,000	0.1477	6,770.48
August	1,000	0.1617	6,184.29
September	1,000	0.1947	5,136.11
October	1,000	0.2035	4,914.00
November	1,000	0.2248	4,448.40
December	1,000	0.2510	3,984.06
Total	RM12,000		62,408.28

Results

Average Cost Per Unit; RM0.1923 (62408.28 units / RM12,000) 

Unit Price as at December; RM0.2510

Value of Investment as at December; RM15,664.48 (62,408.28 units x RM0.2510)

In this example, by using the method of ringgit cost averaging, the average cost per unit invested was only RM0.1923, instead of RM0.2549 if the investor has invested a lump sum in January.

A Long-term Investment Strategy

"Discipline is the key to success for the long-term investor. He or she must not fall into the trap of managing holdings by newspaper headlines, sound bites, mindless predictions, gut feelings or the last time period results."

–

Frank Armstrong, author of "The Informed Investor."

Regardless of the amount of money invested, dollar cost averaging is a long-term strategy. While the financial markets tend to fluctuate, they often move in the same direction over fairly long periods of time. Bear markets and bull markets can last for months, and sometimes even years. Because of these trends, dollar cost averaging may not be as effective if only applied for the short-term.

For example, an investor might choose to make 10 purchases of a unit trust fund within one month. Although it is highly unlikely that the purchase price of the units will be the

same for each transaction over such a short time frame, there will not be a significant difference as well.

However, over the course of a longer market cycle, you would probably go through a bull market and a bear market, with the price of a given security changing considerably. Dollar cost averaging will help ensure that your average cost per units represents both the premiums of a bull market and the discounts of a bear market, as opposed to just the premiums usually paid by investors in a bull market.

Tips to Get you Started

"Those who put an investment programme in place will have a lot more money when they come to retire than those who never get around to it."

-

Australian financial author Noel Whittaker.

Many unit trust funds allow you to begin investing with a minimal amount with the option to make further contributions through regular deductions from your paycheck or bank account.

If you’re interested in dollar cost averaging, here are a few tips to help you put this strategy to work for you:

Get started as soon as possible.
The longer you have to ride the ups and downs of the market, the more opportunity you have to build a sizable account over time.

Stick with it. Dollar cost averaging is a long-term strategy. Make sure that you have the financial resources and discipline to invest continuously through all types of markets, regardless of price fluctuations.

Take advantage of automatic deductions. Having your investment contributions deducted from your paycheck or bank account is an easy and convenient method to invest, and can help you get into the habit of investing regularly.

Be prepared for losses. Dollar cost averaging does not guarantee that there will always be profits and no losses in your portfolio. Even though you paid a lower average cost than the average price of the units, you could still lose money if you choose the wrong time to exit the market, particularly when prices are low.

Building wealth by investing in unit trusts is more a matter of patience and persistence than of investment skill and luck. The major decision that must be made is whether or not you are willing to forego immediate gratification to achieve your long-term financial goals. If you are, then dollar cost averaging can be a very effective way to help you get there.

Sumber: Public Mutual Berhad, The Buletin

PMutual Declares Distribution for 8 Funds

Public Bank’s wholly-owned subsidiary, Public Mutual, declares distributions totaling more than RM98 million for eight of its funds. The total gross distributions declared for the financial year ended 30 November 2011 are as follows:

Fund Gross Distribution / Unit

Non-Shariah based Fund

Public Select Alpha-30 Fund, 2.50 sen per unit

Public Far-East Alpha-30 Fund, 0.25 sen per unit

Public Far-East Dividend Fund, 0.50 sen per unit

Shariah based Funds

Public Islamic Sector Select Fund, 2.00 sen per unit

Public Islamic Alpha-40 Growth Fund, 0.75 sen per unit

Public Islamic Asia Leaders Equity Fund, 0.75 sen per unit

Public Islamic Balanced Fund, 1.00 sen per unit

Public Islamic Infrastructure Bond Fund, 2.50 sen per unit

Public Mutual’s Chief Executive Officer Ms. Yeoh Kim Hong said that the Company is pleased to be able to declare distributions despite the current challenging market conditions.

Public Select Alpha-30 Fund is an equity fund that aims to achieve capital growth over the medium- to long-term period by investing in up to a maximum of 30 stocks primarily listed on Bursa Securities.

Public Far-East Alpha-30 Fund is an equity fund that seeks to achieve capital appreciation over the medium-to long-term period by investing in up to a maximum of 30 stocks in the domestic and regional markets whereas,

Public Far-East Dividend Fund is an equity fund that provides income by investing in a portfolio of stocks in domestic and regional markets which offer or have the potential to offer attractive dividend yields.

Public Islamic Sector Select Fund, Public Islamic Alpha-40 Growth Fund and Public Islamic Asia Leaders Equity Fund are Shariah-based equity funds.

Public Islamic Sector Select Fund seeks to achieve long-term capital appreciation by investing in a portfolio of securities, mainly equities, that complies with Shariah requirements from market sectors in the domestic market.

Public Islamic Alpha-40 Growth Fund aims to achieve capital growth by investing in up to a maximum of 40 stocks which comply with Shariah requirements.

Public Islamic Asia Leaders Equity Fund aims to achieve capital growth over the medium- to long-term period by investing mainly in stocks of companies with market capitalisation of US$1 billion and above in domestic and regional markets that comply with Shariah requirements.

Public Islamic Balanced Fund aims to provide steady income and capital growth over the medium- to long-term period by investing in a portfolio of Shariahcompliant investments, while Public Islamic Infrastructure Bond Fund is to provide annual income to investors through investments in sukuk of companies in the infrastructure sector.

All of the above funds are distributed by Public Mutual unit trust consultants. Public Mutual is Malaysia’s largest private unit trust company with 90 funds under management. It has 2.6 million accountholders and as at 31 October 2011, the total net asset value of the funds managed by the company was RM43.7 billion.

Sumber: Public Mutual Berhad