Launch of Public Sukuk Fund and Public Islamic Bond Fund

News from Public Mutual Berhad

Public Sukuk Fund (PSKF), an Islamic bond fund launched on 19 July 2011, seeks to
provide annual income through investments in sukuk and Islamic money market
instruments.
PSKF’s features are similar to Public Islamic Bond Fund (PI BOND). As PI BOND was
closed for sales since June 2010, investors may consider investing in PSKF. PSKF will
be sold at the Initial Issue Price of RM1.0000 per unit and at a service charge per unit of
up to 0.25% of its Initial Issue Price until 8 August 2011.

declaration of distribution - public optimal growth fund

news from public mutual berhad

Declaration of distribution for public optimal growth fund at 1.75sen per unit.

Public Optimal Growth Fund is an equity fund which generated a one-year return of


17.76% for the period ended 15 July 2011. The fund was launched in June 2010 to

provide income and capital growth by investing in stocks which offer attractive

dividend yields and growth stocks in the domestic market.

Public Mutual declare funds distribution at 30 June 2011

Public Mutual Berhad has declared the following funds distribution:

Public Islamic Money Market fund = 2.5sen per unit
Public Far east Consumer Themes Fund = 4sen per unit

Declaration of distribution for 31 Jan 2010

Public Mutual Berhad has announced the following distribution to unitholders registered as at 31 Jan 2010:

Public Index Fund - 5 sen per unit
Public Money Market Fund - 2.5 sen per unit
Public Enhanced Bond Fund - 2 sen per unit
Public islamic Optimal Growth Fund - 0.50 sen per unit
Public Far East Property & Resorts Fund - 0.50 sen per unit

- news courtesy of Public Mutual -

Benefit of investing in unit trust

Investing in unit trust brings along many benefits.
The obvious one would be the usually higher returns compared to Fixed Deposit and EPF.
But of course, this will depend on which fund you choose to invest.

Another benefit is you are able to diversify and invest in many companies via lower amount of investments. This is because, when you choose a fund, the fund manager will invest your money together with other fund holders money into several stocks, as well as bonds / money market instruments, depending on the objective of the fund.

Also, these fund managers would need to meet their KPI, therefore they will often strive to get the best returns for your money.

In addition, investing in unit trust allows you to earn dividend as well as capital appreciation at one go.

Unit trust is suitable for people with low-medium risk, who are scared/too busy/don't know how to invest in share market directly.

Tune in for the next part of this article - "The Bad Side of Unit Trust investments - The things your unit trust consultant don't like to tell you"

PR: wait... I: wait... L: wait... LD: wait... I: wait... wait... C: wait... SD: wait...

Buy America. I Am.

i got this in my email today..
a good reminder to us all..

but pls dont rush..it aint over til its over...
we still have not hit the bottom!

--
Warren Buffet affirmed this very powerfully in the New York Times last week. Nobody explains it better:

Buy America. I Am.
By Warren E. Buffett

The financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary.

So ... I've been buying American stocks. This is my personal account I'm talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.
Why?

A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation's many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.

Let me be clear on one point: I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month — or a year — from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.A little history here: During the Depression, the Dow hit its low, 41, on July 8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in Europe and the Pacific. The market hit bottom in April 1942, well before Allied fortunes turned. Again, in the early 1980s, the time to buy stocks was when inflation raged and the economy was in the tank. In short, bad news is an investor's best friend. It lets you buy a slice of America's future at a marked-down price.

Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
You might think it would have been impossible for an investor to lose money during a century marked by such an extraordinary gain. But some investors did. The hapless ones bought stocks only when they felt comfort in doing so and then proceeded to sell when the headlines made them queasy.

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts.
Equities will almost certainly outperform cash over the next decade, probably by a substantial degree. Those investors who cling now to cash are betting they can efficiently time their move away from it later. In waiting for the comfort of good news, they are ignoring Wayne Gretzky's advice: "I skate to where the puck is going to be, not to where it has been."

I don't like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I'll follow the lead of a restaurant that opened in an empty bank building and then advertised: "Put your mouth where your money was." Today my money and my mouth both say equities.