Promotion, Promotion !!!!!!

Public Mutual has launched KLIFF Award Celebration Promotion Campaign. In this campaign investors will enjoy a special promotional service charge rate of 5% of NAV for cash investments (PII and PAI) made during the pcriod of 29 Januarv 2008 till 29 Februarv 2008 into the selected Public Series of Shariah-based Funds.

The Shariah-based Funds are:

• Public Ittikal Fund
• Public China lttikal Fund
• Public Asia Ittikal Fund
• Public Islamic Equitv Fund
• Public Islamic Opporturities Fund
• Public Islamic Asia Dividend Fund
• Public Islamic Asia Balanced Fund

Well investors it is a double bonus for you if you invest right now as you are getting a lower service charge at a lower per unit fund price. The fund prices are lower right now as our local equity market are affected by the flagging US economy. You must look this as an opportunity to get a lot of unit trust at a cheaper price...it will lower down your investing cost.

New Details on Investment thru EPF

PANDUAN KEPADA AHLI


KELAYAKAN PELABURAN DI BAWAH
PENGELUARAN PELABURAN AHLI


1.0 PENGENALAN

Mulai 1 November 2007, KWSP telah melaksanakan beberapa pembaharuan dalam SKIM KWSP secara berperingkat di bawah inisiatif strategik ’Bukan Hanya Simpanan’ seperti mana yang diperuntukkan di bawah Akta KWSP 1991 (pindaan 2007). Ini termasuklah inisiatif untuk memperkenalkan Simpanan Asas bagi menentukan amaun yang layak
dilaburkan oleh ahli daripada Akaun 1 di bawah Pengeluaran Pelaburan Ahli (PPA)

2.0 DEFINISI SIMPANAN ASAS

Simpanan Asas ialah satu jumlah simpanan dalam Akaun 1 yang ditetapkan mengikut umur bagi membolehkan ahli memperoleh simpanan sekurang-kurangnya RM120,000 pada umur 55 tahun. Ahli boleh melaburkan simpanan dalam Akaun 1 yang melebihi simpanan asas dalam produk dan menerusi insititusi pelaburan yang diluluskan oleh
Menteri Kewangan.

3.0 SYARAT-SYARAT YANG DITETAPKAN

3.1 Mulai 1 Februari 2008, ahli boleh melaburkan simpanan di bawah PPA tidak melebihi 20% daripada jumlah simpanan yang melebihi Simpanan Asas dalam Akaun 1.

3.2 Pelaburan ini boleh dibuat setiap 3 bulan sekali dan jumlah minimum
pelaburan ialah RM1,000.00.

3.3 Jumlah Simpanan Asas dan contoh pengiraan adalah seperti di LAMPIRAN.

3.4 Syarat-syarat am prosedur di bawah Pengeluaran Pelaburan Ahli yang lain masih kekal dan tidak berubah.

4.0 PERTANYAAN

Untuk maklumat lanjut, sila layari laman web KWSP www.kwsp.gov.my atau menghubungi Pusat Panggilan Telefon KWSP di talian 03 8732 6000 atau Emel enquiry@epf.gov.my

KUMPULAN WANG SIMPANAN PEKERJA
JANUARI 2008


Sila Klik Gambar utk lihat dengan lebih jelas.

Chance for you to increase the return of your EPF savings

I've been waiting for this chance for a long time and now it will be realized. Before this only high income individuals or who have been working for a long time will be able to invest their EPF savings in the unit trust.

Beginning 1 February 2008, 11.4 million EPF members can invest as long as their account 1 amount exceed the required savings amount.

The basic amount that each members have to have is based on their age:
1) 25 years old (RM9,000)
2) 30 years old (RM18,000)
3) 35 years old (RM29,000)
4) 40 years old (RM44,000)
5) 45 years old (RM64,000)
6) 50 years old (RM90,000)
7) 55 years old (RM120,000)

The basic quantum of saving will be access every five years.

Example of calculation: Ali is 30 years old and has RM30,000 in account 1. For 30 years old the basic saving/min that they must have in account 1 is RM18,000. So the amount that he can invest in UT is 20% from (RM30,000 - RM18,000 = RM12,000), amounted to RM2,400. The investor still will have to pace their saving to every 3 months. Same as before.

Table below show the real return that you as EPF member get from EPF savings:

Year	2001	2002	2003	2004	2005	2006
Dividend Rate (%)	5.00	4.25	4.50	4.75	5.00	5.15
Inflation Rate(%)	1.40	1.80	1.20	1.40	3.00	3.60
Real Dividend Rate (%)	3.60	2.45	3.30	3.35	2.00	1.55

So to all EPF memmbers, lets' put your EPF saving into a higher return vehicle....

Another New Goals to conquer!

I attend the Kick Off 2008 meeting today. It was a full house. A lot of people have to stand including me...I was 15 minutes late..hee..hee serves me right. Kota Bharu Public Mutual office should hurry their search for a bigger place or the next year meeting will be seeing people standing outside the meeting room on the stairs.
Well in the meeting that I can only hear but cannot see the speaker or the screen...the speaker had announce the 2008 Challenge and Incentive trip. It is Rome, Italy and Guangzhou & Gulin,China.
I didn't make it for this year Incentive trip...too busy doing other things..:)

In the meeting The Public Mutual rep also announce:
1) Starting 1/1/2008 all EPF investment service charge will be 3%. A drastic decrease of comission for the UTC also due to this :(
2) Starting 1/1/2008 also all cash investment service charge will be 5.5% only. Another decrease in the comission for the UTC. But good news to all investors and would be investors out there..:)

But good news to UTC the FD savings of individuals did not decrease at all despite the buying spree of Public China Ittikal Fund amounting to RM 1 Billion. In October it stood at RM225,445.5Million. According to the rep the FD amount is more than that currently. So it means that they are a lot of cash rich individuals that are waiting for all UTC out there to coax them to invest in a better investment vehicle. So good luck to all UTC out there...remember the person sitting next to you may be the depositor..:)

New Fund is LAUNCHED !!!!!!!!!!!!!!

There is a new fund being launched by Public Mutual Berhad. It's called Public China Ittikal Fund. It is an aggressive and Islamic fund that is invested in China, Taiwan and Hongkong. So if you have been thinking of investing in China but cannot due the capital constraint ..this is your chance... :)

During promotional period from 20November to 10 December 2007 it will be selling at 25cents per unit with a 5.45% service charge.

So folks out there grab this great opportunity to receive great return for your hard earned money. For further information regarding the fund you can go to http://www.publicmutual.com.my/

PIDF will be accepting EPF sales (including switching sales) with effect from 20 August 2007.

The current special promotional servicec harge of 5.45% f NAV on EPF sales will be extended to include PIDF as well. This special promotion will run until 30 August 2007.

PIDF is an Islamic equity income fund that seeks to provide income by investing in a portfolio of Malaysian stocks that complies with Shariah requirements and which offer or have the potential to offer attractive dividend yields. This fund is suitable for investors with moderate risk-reward temperament who prefer to receive regular income while capital growth is secondary. Do take this opportunity to top-up your EPF investment in the PIDF fund.

The fund total return since it launched date of 14 February to 20 August 2007 is 36.75%

Single pricing... How many units will I get and how much shall I pay for my investment?

On 9 October 2006 Securities Commission announce the initiatives to accelerate growth and enhance investor protection in the unit trust industry. One of the initiatives are single pricing. below is an excerpt from the newspaper announcement:

A single pricing regime will be introduced at the beginning of the second quarter 2007 to ensure there is full transparency and disclosure of up-front costs. Unlike the current dual pricing regime where prices are quoted inclusive of charges, under the single pricing arrangements, prices will reflect the net asset value of a unit and all charges will be separately disclosed. The enhanced transparency of prices and charges will allow investors to compare the costs of investing in unit trusts associated with different channels of distribution and should lead to a more competitive cost environment.

So with this new ruling how many units will you get and how much shall you pay for your investment?

Below is an example of how the calculation is done when the fund NAV per unit is RM0.2500.

Units credited to your account:

= Amount invested /NAV per unit
= RM10,000/RM0.2500
= 40,000 units

Service charge per unit :

= NAV per unit x Service Charge (%)
= RM0.2500 x 5.45%
= RM0.013625

Total service charge incurred:

= Service Charge per unit x Units credited to investor
= RM0.013625 x 40,000 units
= RM545

Following the above, the total amount you should pay will be:
= Amount invested in PIABF + Service charge incurred
= RM10,000 + RM545
= RM10,545