PeEMAS

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Jewellery Cultural Value

Storage of Wealth Production 2

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or other materials without the prior written consent of Public Mutual Berhad.

Introducing Public Mutual’s
1st Fund-of-Funds

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or other materials without the prior written consent of Public Mutual Berhad.

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Disclaimer

THE CONTENT OF THIS PRESENTATION IS STRICTLY FOR INFORMATION PURPOSES ONLY AND NO PART
OF THIS PRESENTATION IS TO BE CONSTRUED AS AN OFFER OR SOLICITATION OF AN OFFER TO INVEST
IN PUBLIC MUTUAL’S FUNDS.

This presentation summarises fund features of Public e-Emas Gold Fund as well as the investment
strategy and is intended for circulation to the Unit Trust Consultants (UTCs) of Public Mutual and personal
financial executives (PFEs) of Public Bank branches.

This presentation is prepared based on material compiled from data considered to be reliable at the
time of preparation, but Public Mutual does not make any representation or warranty, express or implied,
as to the accuracy, completeness or correctness of the information contained herein or mentioned during
the presentation.

No part of this presentation may be shared, reproduced, distributed, transmitted, displayed or published
in any manner without the written consent of Public Mutual. Public Mutual does not accept any
responsibility, liability or consequential losses or damages, be it directly or indirectly, that may arise from
any reliance based on the information contained herein or mentioned during the presentation.

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or other materials without the prior written consent of Public Mutual Berhad.

Main Topics

I. Fund Features

II. Investing in Gold

III. New Fund Campaign

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or other materials without the prior written consent of Public Mutual Berhad.

I. Fund Features

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or other materials without the prior written consent of Public Mutual Berhad.

Public e-Emas Gold Fund
(PeEMAS)

PeEMAS is the FIRST FUND-OF-
FUNDS offered under the
Public e-Series of Funds which
invests in gold exchange-traded
funds (ETFs).

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or other materials without the prior written consent of Public Mutual Berhad.

Fund Objective of PeEMAS

To provide exposure to the
performance of the price of
gold bullion

Risk Profile: 5
Risk Level: Very High

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Fund Profile of PeEMAS

Category of Fund: Fund-of-funds

Financial Year End: 31 May

Distribution Policy: No Distribution

Note: PeEMAS will not distribute income as the Fund’s investment comprises gold ETFs that do not provide dividends or income.

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or other materials without the prior written consent of Public Mutual Berhad.

Fund-of-Funds

A fund-of-funds focuses its investments in other collective
investment schemes (ETFs, unit trusts, REITs, etc.).

Fund-of-funds

 More diversification FOR INTERNAL CIRCULATION ONLY 11
 Professional management expertise

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Asset Allocation of PeEMAS

Remaining balance
in liquid assets

Gold ETFs: Foreign assets:
At least 90% of At least 90% of
the Fund’s NAV the Fund’s NAV
with a minimum
of 5 gold ETFs

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or other materials without the prior written consent of Public Mutual Berhad.

Typical Asset Classes of
PeEMAS

Gold ETFs Liquid assets

Money Deposits
market
instruments

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or other materials without the prior written consent of Public Mutual Berhad.

What is an ETF?

A collective Traded on Unit
investment exchanges like Trusts ETF Stocks
Bursa Malaysia
scheme An exchange-traded fund (ETF) is
a listed security with the objective
Most ETFs Exposure to to track an index or a specified
are passively a basket of investment strategy.
managed
securities

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Investor Profile of PeEMAS

Retail and corporate investors
who seek exposure to the
performance of the price of
gold bullion.

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or other materials without the prior written consent of Public Mutual Berhad.

Benchmark of PeEMAS

Public Bank Savings Rate
– ACE Account
10%

Gold Spot Exchange Rate in MYR
(Bloomberg ticker: XAUMYR Curncy)

90%

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or other materials without the prior written consent of Public Mutual Berhad.

Location of assets

Notes:

(1) The fund will invest predominantly in U.S.-listed gold ETFs.

(2) The fund may also invest in UK, Germany, France, Netherlands, Switzerland, Australia, Hong Kong,
Singapore and any other permitted markets where the regulatory authority is an ordinary or associate
member of the International Organization of Securities Commissions.

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or other materials without the prior written consent of Public Mutual Berhad.

Historical Returns of PeEMAS’s Benchmark

Benchmark for PeEMAS* As at 30 July 2021

(Performance in MYR) YTD 3-Year 5-Year 10-Year

Total Return (%) 1.37 50.42 38.84 57.92

Annualised Return (%) n.a. 14.58 6.78 4.67

*Benchmark:
90% Gold Spot Exchange Rate in MYR (Bloomberg ticker: XAUMYR Curncy); and
10% Public Bank Savings Rate – ACE Account.

Source: Bloomberg and Public Bank Berhad.
Note: Past performance of the benchmark is not a reliable indicator of future performance.

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or other materials without the prior written consent of Public Mutual Berhad.

Principal Risks

Concentration risk

(Single Asset Class)

As the fund invests only in gold ETFs which track the performance of
the price of gold bullion, movements in the fund’s NAV will tend to
correspond to the price movement of gold bullion. Any adverse
movements in the price of gold bullion may impact the fund’s NAV
and unit price.

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or other materials without the prior written consent of Public Mutual Berhad.

Principal Risks

Currency risk

As gold prices are quoted in U.S. dollars (USD), any movements in the
USD/MYR rate will directly impact the fund’s performance.

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or other materials without the prior written consent of Public Mutual Berhad.

Impact of Currency on Historical Benchmark Returns

Gold Spot Exchange Rate Total Return as at 30 July 2021 (%)
(in USD terms) YTD 3-Year 5-Year 10-Year
-3.38 +50.09 +36.96 +13.29
Benchmark of PeEMAS
(in MYR terms) +1.37 +50.42 +38.84 +57.92

Although the USD-denominated price of gold rose by 13.29% over
the 10-year period, the Fund’s benchmark registered a higher
Ringgit-based return of +57.92% as the USD appreciated by 42.22%
against the Ringgit over the same period.

Source: Bloomberg and Public Bank Berhad.
Note: Past performance of the benchmark is not a reliable indicator of future performance.

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or other materials without the prior written consent of Public Mutual Berhad.

Target Customers
Exclusive

Retail Investors Corporate Investors

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or other materials without the prior written consent of Public Mutual Berhad.

Fees & Charges

Sales Charge • Up to 1% of NAV per unit

Redemption • Nil
charge

Management Fee • 0.85% p.a of the NAV of the fund

Trustee Fee • 0.03% p.a, subject to:
• Min fee: RM12,000 p.a
• Max fee: RM600,000 p.a

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or other materials without the prior written consent of Public Mutual Berhad.

Offer Period Initial Offer Period

RM1.00 1 Sep to
21 Sep 2021
NAV per unit

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or other materials without the prior written consent of Public Mutual Berhad.

Transactions

Exclusively for Public Mutual Online (PMO)
Subscribers Only

Min. Initial Min. Additional Min. Account Min.
Investment Investment Balance Redemption

(PII) (PAI) Units

RM100 RM100 100 units 100 units

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or other materials without the prior written consent of Public Mutual Berhad.

Transactions

*Otherwise, redemption proceeds will be paid to investors within 10 days.

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Direct Commission

Non-EPF Scheme
(Sales Charge of 1.00%)

Rank Personal/ Total
Personal Group
UTC
UTC-AS Overriding
UTC-AM/CM
UTC-GAM/SCM 0.5500% - 0.5500%

0.5500% 0.1000% 0.6500%

0.5500% 0.1700% 0.7200%

0.5500% 0.2200% 0.7700%

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or other materials without the prior written consent of Public Mutual Berhad.

Career Benefits (CB)

Annual Management Fee 0.85%

PSNAV Personal CB* GSNAV Group CB
First 3 Million (0 - 3m) 0.1050%
Next 3 Million (>3m - 6m) 0.1100% UTC - AS 0.0200%
Next 4 Million (>6m - 10m) 0.1150% UTC - AM/CM 0.0300%
Next 5 Million (>10m - 15m) 0.0400%
0.1200% UTC – GAM/SCM

Next 5 Million (>15m - 20m)* 0.1250%

Thereafter (> 50m) 0.16%

*Higher Personal CB for Higher PSNAV

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Additional Career Benefits

Public e-Emas Gold Fund (PeEMAS)
(Annual Management Fee : 0.85%)

Rank Personal Overriding Total
UTC Career Benefit Career Benefit

Additional CB of 0.1000%

0.0800% - 0.0800%

UTC-AS 0.0800% 0.0100% 0.0900%

UTC-AM/CM 0.0800% 0.0150% 0.0950%

UTC-GAM/SCM 0.0800% 0.0200% 0.1000%

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II. Investing in Gold

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Key Topics
A. Introduction to Gold Investments

B. Factors Affecting Gold Prices

C. Key Reasons to Invest in Gold

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Historically, gold has been considered a highly
valuable commodity, which was once used as :

A form of currency

A symbol of wealth

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or other materials without the prior written consent of Public Mutual Berhad.

In recent years, gold has been
viewed as a popular option for
diversifying an investment portfolio
in times of global uncertainties.

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A. Types of Gold Investments

Physical Non-physical

Gold Bars & Gold Mining Gold ETFs & Gold
Coins, Stocks Mutual Funds Investment
Accounts
Jewellery

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B. Factors Affecting Gold Prices

i. Supply & Demand

ii. Inflation

iii. Economic Confidence

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Gold Price Trend

US$/ounce U.S.-China trade
2,500 tensions &

Covid-19 outbreak

2,000 Quantitative easing by
the Fed post Global
1,500 1970s U.S. Financial Crisis
1,000 hyper-inflation

500 Fed tapering started
in 2013 & higher U.S.

interest rates

0
1970 1975 1980 1985 1990 1995 2000 2005 2011 2016 2021

Source: Bloomberg. Data as at end-July 2021. FOR INTERNAL CIRCULATION ONLY 36

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C. Key Reasons to Invest in Gold
Gold can be used as:

A hedge against inflation

A potential safe-haven asset

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Gold Prices During Periods of High Inflation

YoY% Gold investments may help to protect a portfolio from US$/
14 inflationary pressures, especially during periods of ounce
12 unusually high inflation.
10 600
1971 1972 1973 1974 1975 1976 1977 1978 1979 500
8 400
6 300
4 200
2 100
0 0
1970

U.S. Inflation Rate (LHS) Gold Price (RHS)

Source: Bloomberg.

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Performance of Gold in Periods of Economic Crises

Gold prices rose during periods of economic crises,

Return (%) outperforming U.S. equities.

40 +29.5 +25.1
30 +24.8 +12.8 +16.3
20
10 +5.8

0

-10

-20 Gold
-30 -23.4 S&P 500
-40
-50 -38.5

2002 2008 2010 2020

Post-Dotcom Global Financial Euro Debt Crisis Covid-19 Recession

Recession Crisis

Source: Bloomberg.

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Investing in Gold via PeEMAS
Exposure to gold
Diversification
Advantage of liquidity
Lower transaction costs

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Investing in Gold via PeEMAS

Provides investors with an opportunity to
capture the appreciation in gold prices
without the hassle of storing and managing
physical gold (i.e. bullion bars or coins)

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Investing in Gold via PeEMAS

Allows investors to diversify their
investments to an asset class that generally
hedges against periods of high inflation and

economic uncertainty

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Investing in Gold via PeEMAS

Offers investors the ease and flexibility to
invest in and cash out of their gold
investments

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Investing in Gold via PeEMAS

Offers lower transaction costs as compared
to other methods of investing in gold such

as gold investment accounts (GIAs)

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or other materials without the prior written consent of Public Mutual Berhad.
FOR INTERNAL CIRCULATION ONLY

Risks Involved in Investing in PeEMAS

Single asset class risk
Potentially higher volatility of gold
prices compared to other asset classes

Stronger-than-expected economic growth
could affect gold prices negatively

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Before embarking on any gold-related investments,
investors should carefully weigh the:

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Campaign Period :

1 – 21 September 2021

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For internaolr octihrcerumlaatteiorianlsownitlhyo.ut the prior written consent of Public Mutual Berhad.

Criteria:

Investors will receive 1 lucky draw entry for every RM3,000
cumulatively made into a PeEMAS account during the offer
period.

Every RM3,000 = 1 Lucky Draw Entry
cumulatively into a
PeEMAS account

Prizes

Lucky Draw Prizes

Grand Prize RM3,888 worth of PeEMAS units x 1 winner

Special Prize RM888 worth of PeEMAS units x 10 winners

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For internaolr octihrcerumlaatteiorianlsownitlhyo.ut the prior written consent of Public Mutual Berhad.

Terms and Conditions:

1. This campaign is open to retail investors only.

2. The lucky draw entry will only be given to the first account
holder.

3. Each investor can only win one prize, whichever is of higher
value.

4. The following sales are excluded from this campaign:
• Sales under pink forms
• All transfer transactions
• Redemption within cooling-off period

For more details, please refer to campaign e-flyer at UTC Connect or U@Stor.

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For internaolr octihrcerumlaatteiorianlsownitlhyo.ut the prior written consent of Public Mutual Berhad.