Public mutual is launching a new fund, Public Indonesia Select Fund on 1st 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:
- Huge domestic base, being the 4th most populated country in the world.
- Rich in resources
- 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 – 21st September
Min investment : RM 1,000
Min top-up : RM 100
Entry fee : 5.50%
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