SELAMAT HARI RAYA AIDILADHA

Selamat Hari Raya Aidiladha diucapkan kepada semua para pelabur dan pembaca blog khasnya dan semua muslimin dan muslimat amnya. Untuk sesiapa yang balik kampung, semoga selamat balik ke kampung dan selamat kembali semula dan tak lupa juga diucapkan selamat bercuti sempena cuti sekolah ini. Hari Raya Aidiladha dan ibadah korban tidak dapat dipisahkan dengan peristiwa Nabi Ibrahim a.s yang diperintahkan oleh Allah SWT supaya mengorbankan puteranya, Nabi Ismail a.s. Peristiwa ini berlaku pada zaman para nabi dahulu, saya bukanlah seorang yang mempunyai banyak ilmu mengenainya, tapi cukup sekadar mempunyai sedikit pengetahuan tentang peristiwa tersebut. Selain daripada itu Hari Raya Korban juga begitu bermakna buat saya kerana pada pagi raya korban tahun 1978, buat pertama kalinya saya dapat melihat dunia. Itulah sebabnya orang tua saya memberi nama Adha kepada saya sempena raya korban.

Ibadah korban ini sebenarnya terdapat banyak kebaikan dan kelebihan. Antara yang boleh saya kata:

1. memupuk semangat bekerjasama serta mengeratkn lg hubungan silaturrahim. ini dapat dilihat dari segi gotong royong, seperti menyembelih, melapah dan sebagainya

2. melatih dan mendidik individu muslim untuk bersika

p dermawan.ini kerana islam menyuruh daging sembelihan korban disedekahkan dan diagihkan kepada fakir miskin, di samping org yg berkorban juga harus hukumnya memakan sebahagian kecil drpd daging tersebut.

3. memupuk semangat bekerjasama serta mengeratkan lagi hubungan silaturrahim. Ini dapat dilihat dari segi gotong royong, seperti menyembelih, melapah dan sebagainya.

4. banyak lagi sebenarnya…………….

Kita sebagai umat islam haruslah benar-benar memahami apa itu erti hari raya korban, janganlah sekadar menanti hari yang mulia ini sebagai hari cuti umum, hari untuk berhibur kerana mendapat cuti. Umat islam di Malaysia juga perlu bersyukur dengan nikmat kekayaan yang dianugerahkan oleh Allah SWT, yang mengizinkan kita menyambut dengan sempurna, tidak seperti negara lain yang tidak bernasib baik.

AdhaSaipudin

Lawak Raya Korban

Launch of Public Islamic Alpha-40 Growth Fund (PIA40GF) and Public Islamic Infrastructure Bond Fund (PIINFBF)

We are pleased to inform you that Public Mutual will launch the Public Islamic Alpha-40 Growth Fund (PIA40GF) and Public Islamic Infrastructure Bond Fund (PIINFBF) on 16 November 2010 (Tuesday).

The following are some of the pertinent details of the fund:

For more information about the new funds, you may refer to the prospectus which are available at all our branches.

Please do not hesitate to contact your respective Branch or Agent Consultant if you need further information. In the meantime, pls. refer FAQ (Frequently Asked Questions) for your reference.

FAQS FOR THE LAUNCH OF PUBLIC ISLAMIC ALPHA-40 GROWTH FUND (PIA40GF)

Key Message:

The Public Islamic Alpha-40 Growth Fund (PIA40GF) is an Islamic equity fund that seeks to achieve capital growth by investing up to a maximum of 40 stocks which comply with Shariah requirements.

FAQS

FAQS FOR THE LAUNCH OF PUBLIC ISLAMIC ALPHA-40 GROWTH FUND (PIA40GF)

Key Message:

The Public Islamic Alpha-40 Growth Fund (PIA40GF) is an Islamic equity fund that seeks to achieve capital growth by investing up to a maximum of 40 stocks which comply with Shariah requirements.

FAQS

Q1: What are the main features of Public Islamic Alpha-40 Growth Fund (PIA40GF)?

• An Islamic equity fund that seeks to achieve capital growth by investing up to a maximum of 40 stocks which comply with Shariah requirements.
• Equity exposure: generally range from 75% to 98% of its net asset value (NAV).
• To achieve increased diversification, the fund may invest up to 30% of its NAV in selected foreign markets.
• The foreign markets which the fund may invest in include Singapore, Taiwan, South Korea, Japan, Australia, New Zealand, Hong Kong, China, Thailand, Indonesia, Philippines and other markets.

Q2: What makes Malaysia an attractive market to invest in?

• After rebounding by 45.2%1 in 2009, the Malaysian equity market, as proxied by the FBM KLCI, strengthened further above 1,400 points and closed at the current level of 1,466.97 points on 17 September 2010 amidst firmer offshore markets coupled with stronger-than-expected economic growth for the first half of 2010.
• After contracting by 1.7%1 in 2009, the Malaysian economy is expected to grow by 6.8%2 in 2010 amid a rebound in the manufacturing and services sectors. However, Malaysia’s GDP growth is envisaged to ease to 5.2%2 in 2011 as export growth is expected to moderate.
• The local equity market is supported by fair valuations and sustained domestic liquidity. At the KLCI’s closing level of 1,466.97 points on 17 September 2010, the local stock market is trading at a prospective P/E of 14.1x1 on 2011 earnings, which is below the market’s 10-year average P/E ratio of 16.5x1.
• The local market is also supported by a gross dividend yield of about 3.3%1, which is line with the 10-year average of 3.5%1 and exceeds the current 12-month fixed deposit rate of 2.85%1.

Q3: What are the prospects for the Malaysian Shariah-based equity market? (to be provided

by Investment)

• According to Bursa Malaysia as at 31 May 2010, 88% of the securities currently listed on the local bourse are Shariah-compliant representing about two-thirds of Bursa Malaysia’s market capitalisation.
• Hence, local investors who are seeking to invest in instruments that are in accordance to Shariah principles will have access to an extensive selection of Shariah-compliant stocks across diversified industries and sectors.
• Going forward, domestic Shariah compliant stocks are supported by below trend valuations, reasonable earnings growth and a sustained economic environment amidst accommodative real interest rates and reasonable liquidity conditions.

Q4: How do you identify the 40 Shariah-based stocks?

• In identifying companies for investment, fundamental research is carried out whereby the financial health, industry prospects, management quality and past track records of the companies are considered.
• The valuations of stocks are also assessed using valuation benchmarks such as Price Earnings Ratio (PER), Price to Net Tangible Assets Ratio (Price/NTA) and dividend yields.

Q5: What makes PIA40GF attractive to prospective investors?

• PIA40GF allows investors the opportunity to participate in the long-term growth potential of a portfolio comprising up to 40 selected Shariah-compliant blue chip stocks, index stocks and growth stocks listed primarily on Bursa Securities and selected foreign markets.
• As PIA40GF focuses its investment in a portfolio of up to 40 stocks, this allows the fund manager to adopt a more focused investment strategy. This enables investors the opportunity to achieve higher potential returns over the medium- to long-term as the fund invests in a concentrated portfolio of stocks.

Q6: Who are most suited to invest in PIA40GF?

• PIA40GF is suitable for existing and prospective investors who:
• have aggressive risk-reward temperament.
• are medium- to long-term investors.
• can withstand extended periods of market highs and lows in pursuit of capital growth.
• would like to participate in the long-term growth potential of a concentrated portfolio of up to 40 quality stocks which comply with Shariah requirements.

Q7: What is the fund objective? How about the fund’s investment strategy?

• Aims to achieve capital growth by investing in stocks which comply with Shariah requirements.
• The fund is actively managed to achieve capital growth by investing in up to a maximum of 40 stocks which comply with Shariah requirements.
• In addition to the domestic market, PIA40GF may invest up to 30% of its NAV in regional markets which include Singapore, Taiwan, South Korea, Japan, Australia, New Zealand, Hong Kong, China, Thailand, Indonesia, Philippines and other markets to achieve increased diversification.

Q8: What is the fund’s benchmark index? What is the historical return of the PIA40GF’s benchmark index?

• An appropriate benchmark to be used to evaluate the performance of PIA40GF and its
• component indices are as follows:
• 75% FTSE Bursa Malaysia Emas Shariah Index
• 15% customised index based on Top 100 constituents by market capitalisation of the S&P Shariah BMI Asia Ex-Japan Index
• 10% 3-month Islamic Interbank Money Market (IIMM) rate
• This benchmark index has registered a total return of 9.86% for the 1-year period up to 31 August 2010.

Q9: What are some of the sectors that PIA40GF will be looki

ng to invest in?

• Sectors which PIA40GF will look to invest in include plantation, oil & gas, automotive, consumer, infrastructure, telecommunications and technology.
• Q10: What level of risks will we be looking at when investing in PIA40GF?
• As the fund only invests in up to a maximum of 40 stocks, with an equity exposure ranging from 75% to 98% of its NAV, PIA40GF may experience significant volatility in times of adverse market movements.
• The asset allocation, liquidity management and diversification strategies employed are central to the efforts to manage the risks posed to the fund.

Q11: When is PIA40GF going to be launched?

• 16 November 2010

Q12: What is the initial issue price? And when is the offer period?

• The initial issue price is RM0.2500 per unit during the 21-day offer period from 16 November to 6 December 2010.

Q13: What is the approved fund size of PIA40GF?

• The approved fund size for PIA40GF is 1.5 billion units.

Q14: Please tell us the service charge and the annual man

agement fee involved when investing in PIA40GF. Is there any repurchase charge?

• The service charge is up to 5.5% of the NAV per unit after offer period.
• The annual management fee is 1.5% per annum of the NAV.
• There is no repurchase charge.

Q15: What is the minimum initial investment and minimum additional investment of the fund?

• The minimum initial investment is RM1,000 and minimum additional investment is RM100.

Q16: Will there be any special promotion to support the launch of PIA40GF? Please give us the details.

There will be special service charges offered for investments into PIA40GF during the offer period:

• RM5,000 to RM9,999 per transaction 5.25% of Initial Issue Price per unit
• RM10,000 and above per transaction 5.00% of Initial Issue Price per unit
• Direct Debit Instruction (DDI) submitted during Offer Period 5.25% of net asset value (NAV)

FAQS FOR THE LAUNCH OF PUBLIC ISLAMIC INFRASTRUCTURE BOND FUND (PIINFBF)

Key Message:

The Public Islamic Infrastructure Bond Fund (PIINFBF) is an Islamic bond fund that seeks to provide annual income to investors through investments in sukuk of companies in the infrastructure sector.

FAQS

Q1: What are the main feature

s of Public Islamic Infrastructure Bond Fund (PIINFBF)?

• An Islamic bond fund that seeks to provide annual income to investors througinvestments in sukuk of companies in the infrastructure sector.
• Distribution policy: Annual income (on a best effort basis).
• Invests up to 98% of its net asset value (NAV) in a portfolio of sukuk of companies involved in the infrastructure sector and the balance of its assets in Islamic money market instruments.
• To increase diversification, the fund may invest up to 25% of its NAV in foreign sukuk.
• The foreign markets which the fund may invest in include Singapore, United Kingdom, Japan, Australia, Hong Kong and other permitted markets.

Q2: What makes PIINFBF attractive to prospective in

vestors?

• PIINFBF allows investors to access to the sukuk market, which is usually inaccessible to the average investor as it is a market for institutions where the standard transaction lot is RM5 million.
• Sukuk issued by companies in the infrastructure sector are generally underpinned by predictable cash flows and stable income stream over the respective issuer’s concession period.
• The fund may invest up to 25% of its NAV in foreign sukuk to increase diversification.

Q3: Who are most suited to invest in PIINFBF?

• PIINFBF is suitable for existing and prospective investors who:
• have conservative risk-reward temperament
• seek stability of annual income with some safety of principal
• medium-term investor
• wish to participate in sukuk issued by companies in the infrastructure sector.

Q4: What is the fund objective? How about the fund’s investment strategy?

• PIINFBF aims to provide annual income to investors through investments in sukuk of companies in the infrastructure sector.
• PIINFBF seeks to meet its objective by investing up to 98% of its net asset value (NAV) in a portfolio of sukuk issued by companies in the infrastructure sector with the balance invested in Islamic money market instruments.
• Infrastructure companies include power plant concessionaires, water treatment plant operators, telecommunication service providers, toll-road concessionaires and port operators.
• The fund is actively managed and seeks to invest in sukuk that command higher yields than Islamic money market instruments.
• To achieve increased diversification, the fund may invest up to 25% of its NAV in foreign sukuk if the returns are assessed to be promising.
• The foreign markets which the fund may invest in include Singapore, United Kingdom, Japan, Australia, Hong Kong and other permitted markets.

Q5: As mentioned above, the fund seeks to invest in sukuk that command higher yields than Islamic money market instruments. How do you identify the sukuk?

• Factors considered in identifying sukuk for the fund’s investment include the sukuk issuer’s financial track record, market share, cash flow generating ability, earnings growth and quality of earnings.
• Comparison of yields and credit ratings with peers in the same industry sector will also be undertaken to identify sukuk with relatively attractive yields.

Q6: How do you ensure that the foreign sukuk are Shariah-compliant?

• For any foreign sukuk to be designated as Shariah-compliant, the fund manager will first identify the
• To ensure strict compliance with Shariah requirements, the Shariah Adviser will review the information memorandum or the prospectus of the foreign sukuk for details regarding the Shariah approvals and fatwa certifying such sukuk.
• The Shariah Adviser will review the structure, contracts, assets and terms for the foreign sukuk issuance to ascertain if they comply with Shariah principles.

Q7: What is the fund’s benchmark index? What is the historical return of the PIINFBF’s benchmark index?

• The benchmark for PIINFBF is based on average 12-months General Investment Account (GIA) rates of commercial banks.
• The historical returns of the benchmark are 3.01% in 2009, 3.45% in 2008 and 3.72% in 2007.

Q8: What are some of the infrastructure companies (sub-sectors) that PIINFBF may be looking to invest in?

• Power plant concessionaires and water treatment plant operators in the utilities subsector as well as telecommunication service providers.
• Toll-road concessionaires and port operators in the transport sub-sector.

Q9: What level of risks will we be looking at when investing in PIINFBF?

• PIINFBF is a sukuk fund with a low risk profile.

Q10: When is PIINFBF going to be launched?

• 16 November 2010

Q11: What is the initial issue price? And when is the offer period?

• The initial issue price is RM1.0000 per unit during the 21-day offer period from 16 November to 6 December 2010.

Q12: What is the approved fund size of PIINFBF?

• The approved fund size for PIINFBF is 0.5 billion units.

Q13: Please tell us the service charge and the an

nual management fee involved when investing in PIINFBF. Is there any repurchase charge?

• The service charge is up to 0.25% of the NAV per unit after offer period.
• The annual management fee is 0.75% per annum of the NAV.
• There is no repurchase charge.

Q14: What is the minimum initial investment and minimum additional investment of the fund?

• The minimum initial investment is RM1,000 and minimum additional investment is RM100.

Lonjakan Bersejarah Bursa Saham Kuala Lumpur

Oleh NORLAILI ABDUL RAHMAN

bisnes@utusan.com.my

KUALA LUMPUR 9 Nov. - Pasaran saham tempatan hari ini terus cemerlang apabila indeks penanda arasnya mencatatkan paras tertinggi baharu dalam sejarahnya, didorong oleh prospek pertumbuhan tinggi dan aliran cergas dana asing memasuki Bursa Malaysia.

Indeks Komposit Kuala Lumpur FTSE Bursa Malaysia (FBM KLCI) menokok 6.69 mata kepada 1,526.53 berbanding 1,519.84, semalam.

Selepas meningkat selama enam minggu berturut-turut, FBM KLCI, semalam ditutup mengatasi paras tertinggi yang dicatatkan pada Januari 2008 apabila mencecah paras 1,516 mata.

Pengarah Eksekutif Urusniaga Jupiter Securities Sdn. Bhd., Nazzary Rosli berkata, pasaran modal tempatan kini berada dalam dimensi baharu yang memungkinkan terciptanya satu penanda aras baharu.

"Paras hari ini menjadi persoalan kepada semua kerana ia merupakan satu persimpangan.

"Apakah ia akan terhenti di sekitar angka itu atau terus meningkat sekali gus mencipta satu penanda aras yang baharu kepada Bursa Malaysia?" katanya.

Beliau berpendapat, untuk tempoh terdekat, FBM KLCI masih mempunyai ruang meningkat lebih tinggi sekiranya semua faktor positif itu kekal berterusan.

Nazzary bagaimanapun berkata, sukar untuk diramalkan aliran berkenaan kerana persekitaran ekonomi global amat terdedah kepada sebarang kemungkinan.

"Saya menjangkakan ia mungkin mampu meningkat 50 mata lagi dalam tempoh terdekat, tetapi harus diingat iklim ekonomi Amerika Syarikat (AS) masih tidak menentu dan segala kemungkinan perlu diambil kira," katanya.

Beliau juga menambah, pengukuhan indeks utama juga tidak menyeluruh tetapi hanya bergantung kepada beberapa sektor terutama saham-saham mewah yang kukuh asasnya.

Selain itu, kata Nazzary, pengukuhan ringgit juga menjadi antara faktor peningkatan aliran dana ke Bursa Malaysia apabila pelabur asing menukar dolar AS kepada ringgit sebelum membeli saham terutama di kaunter-kaunter mewah.

"Mereka membuat keuntungan berganda apabila menukar dolar AS kepada ringgit yang semakin mengukuh dan kemudiannya melabur di dalam kaunter-kaunter mewah yang sekali gus meningkatkan harga saham tersebut," tambahnya.

Manakala aliran cergas penglibatan pelabur asing pula, dilihat hasil daripada langkah Rizab Persekutuan AS menyuntik dana bernilai AS$600 bilion bagi merangsang ekonomi Amerika Syarikat sekali gus meningkatkan kecairan di dalam pasaran.

"Lebihan kecairan mendorong pelabur mencari aset berkualiti terutama di pasaran yang sedang berkembang seperti Malaysia dan negara-negara serantau," kata Ketua Pakar Ekonomi RAM Holdings Bhd., Dr. Yeah Kim Leng.

Beliau juga berpendapat, prospek pertumbuhan ekonomi Malaysia yang positif adalah hasil Program Transformasi Ekonomi yang dilaksanakan.

''Ia menjadi menjadi faktor penyumbang ke arah peningkatan dana ke dalam Bursa Malaysia,'' kata Kim Leng lagi..

Sementara itu, Ketua Ekonomi Sime Darby Bhd., Azrul Azwa berkata, kadar faedah di negara ini yang lebih tinggi berbanding Eropah dan Amerika mendorong pelabur untuk memilih Malaysia selain prospek pertumbuhan yang menggalakkan.

"Kadar faedah yang tinggi di Malaysia membolehkan pelabur-pelabur ini mengaut keuntungan berbanding jika mereka melabur di Amerika dan Eropah," katanya.

Closure of Additional Investments for Public SmallCap Fund and Public Islamic Opportunities Fund

We wish to inform that Public SmallCap Fund and Public Islamic Opportunities Fund will be closed for additional investments (including switching sales into existing accounts) with effect from 9 November 2010. We will continue to process investments from existing Direct Debit instructions submitted on or before 9 November 2010.

Please contact our Customer Service Hotline at 03-6207 5000 if you have further queries regarding the above matter.

Thank you.

Regards,

Public Mutual mengumumkan pengagihan pendapatan berjumlah lebih RM236 juta untuk 9 dana

Anak syarikat milik penuh Public Bank, Public Mutual mengumumkan pengagihan untuk sembilan daripada dana-dananya. Jumlah pengagihan kasar dan pecahan unit yang diumumkan bagi tahun kewangan berakhir pada 31 Oktober 2010 adalah seperti berikut:

Ketua Pegawai Eksekutif Public Mutual Yeoh Kim Hong berkata dana-dana ini telah mencapai prestasi yang baik dan menghasilkan pulangan satu tahun yang menarik bagi tempoh berakhir 8 Oktober 2010.

Menurut Jadual Dana The Edge-Lipper yang bertarikh 18 Oktober 2010, Public Dana Industry, Public Dana Equity, Public Dana South-East Asia Select dan Public Dana Sector Select telah menghasilkan pulangan dua digit bagi tempoh satu tahun iaitu 12.67%, 20.06%, 21.97% dan 31.34% masing-masing bagi tempoh berakhir 8 Oktober 2010. Pada masa yang sama, Public Dana Asia Ittikal dan Public Dana Islamic Asia Balanced telah menghasilkan pulangan satu tahun sebanyak 4.51% dan 3.30% masing-masing bagi tempoh yang sama.

Sementara itu, PB Dana Australia Dynamic Balanced dan PB Dana Asia Real Estate Income telah menghasilkan pulangan satu tahun sebanyak 9.89% dan 6.32% masing masing bagi tempoh berakhir 8 Oktober 2010.

Public Dana Islamic Bond yang merupakan sebuah dana yang telah memenangi banyak anugerah, telah menghasilkan pulangan satu tahun yang baik, iaitu sebanyak 7.59% bagi tempoh berakhir 8 Oktober 2010. Dana ini telah memenangi sebanyak 16 anugerah dana dalam kategorinya daripada Anugerah Dana Islam Failaka (Dubai), Anugerah Dana Malaysia The Edge-Lipper, Anugerah Dana Morningstar (Malaysia) dan Anugerah Dana Pelaburan Malaysia The Star/Standard & Poor’s.

Kesemua dana-dana tersebut diedarkan oleh perunding-perunding unit amanah Public Mutual kecuali PB Dana Australia Dynamic Balanced dan PB Dana Asia Real Estate Income yang diedarkan melalui cawangan-cawangan Public Bank di seluruh negara.

Public Mutual merupakan syarikat unit amanah swasta yang terbesar di Malaysia, menguruskan sebanyak 80 dana. Syarikat tersebut mempunyai seramai lebih 2,320,000 pemegang akaun dan pada 30 September 2010, jumlah nilai aset bersih dana yang diuruskan oleh syarikat tersebut adalah sebanyak RM39.3 bilion.

Sebarang pertanyaan boleh hubungi saya :

No. Tel. : 018-4749605

E-Mail : adhasaipudin.utc@gmail.com