New Fund: Public Indonesia Select Fund

Public mutual is launching a new fund, Public Indonesia Select Fund on 1^st 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 invested in the Malaysian and other global markets.

Public Mutual’s CEO 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.

Key selling points:

1. Huge domestic base, being the 4^th most populated country in the world.
2. Rich in resources
3. Improved fiscal position in recent years

The fund would focus on sectors which include banking & finance, commodities, building materials and consumers. The fund is a niche product suitable for aggressive investors who wish to capitalize on the long-term growth prospects of Indonesian market.

Offer period                 : 1 – 21^st September

Min investment             : RM 1,000

Min top-up                  : RM 100

Entry fee                      : 5.50%