P-9

30 April 2017

PUBLIC SMALLCAP FUND

RESPONSIBILITY STATEMENT
This Product Highlights Sheet has been reviewed and approved by the directors of Public Mutual Berhad and
they collectively and individually accept full responsibility for the accuracy of the information. Having made all
reasonable inquiries, they confirm to the best of their knowledge and belief, that there are no false or misleading
statements or omission of other facts which would make any statement in the Product Highlights Sheet false or
misleading.

STATEMENTS OF DISCLAIMER
The Securities Commission Malaysia has authorised/recognised the issuance of Public SmallCap Fund and a copy
of this Product Highlights Sheet has been lodged with the Securities Commission Malaysia.
The authorisation of Public SmallCap Fund and lodgement of this Product Highlights Sheet, should not be taken to
indicate that the Securities Commission Malaysia recommends the Public SmallCap Fund, or assumes responsibility
for the correctness of any statement made or opinion or report expressed in this Product Highlights Sheet.
The Securities Commission Malaysia is not liable for any non-disclosure on the part of Public Mutual Berhad,
responsible for Public SmallCap Fund, and takes no responsibility for the contents of this Product Highlights Sheet.
The Securities Commission Malaysia makes no representation on the accuracy or completeness of this Product
Highlights Sheet, and expressly disclaims any liability whatsoever arising from, or in reliance upon, the whole or
any part of its contents.

PRODUCT HIGHLIGHTS SHEET

This Product Highlights Sheet (PHS) only highlights the key features and risks of this unit trust fund.
Investors are advised to request, read and understand the fund’s prospectus before deciding to invest.

BRIEF INFORMATION ON THE PRODUCT

What is this product about?
Type of product Unit trust fund
Name of fund Public SmallCap Fund (P SmallCap)
Capital protected or No
guaranteed
Manager of fund Public Mutual Berhad
Trustee of fund AmanahRaya Trustees Berhad
Distributor of fund Unit trust consultants (UTCs) of Public Mutual Berhad

KEY FEATURES OF THE PRODUCT

What am I investing in?
Category of fund Equity
Fund objective To achieve high capital growth through investments in companies with small
market capitalisation with special focus on growth stocks.
Notes:
The fund will invest in companies with small market capitalisation at the point of purchase.
The fund may remain invested in counters which have moved above the market capitalisation
range stated in the fund’s investment policy and strategy.

Investment strategy The fund focuses on a diversified portfolio of companies with small market
capitalisation with growth prospects that are listed on Bursa Securities. To achieve
increased diversification, the fund may invest in foreign markets. The fund may
also invest in fixed income securities to generate additional returns. Its equity
content in terms of net asset value (NAV) will range in the region of 70% to 98%
of the NAV of the fund. The balance of the fund’s NAV will be invested in fixed
income securities and liquid assets which include money market instruments and
deposits.

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PUBLIC SMALLCAP FUND

What am I investing in? (cont’d)

Asset allocation Equities 70% to 98% of NAV
The balance of the fund’s NAV will be invested in fixed income securities and
liquid assets.

PRODUCT SUITABILITY
Who is this fund suitable for?
Investor profile The fund is suitable for medium to long-term investors who are able to withstand
ups and downs of the stock market in pursuit of capital growth.
Note: Medium to long term refers to a period of 3 years or more.

KEY RISKS
What are the key risks associated with this product?
Market risk Market risk refers to the possibility that an investment will lose value because of
a general decline in financial markets, due to economic, political and/or other
factors, which will result in a decline in the fund’s NAV.
Specific security risk Prices of a particular security may fluctuate in response to the circumstances
affecting individual companies. As such, adverse price movements of a particular
security invested by the fund may adversely affect the fund’s NAV and unit price.
Liquidity risk Liquidity risk refers to the ease of liquidating an asset depending on the asset’s
volume traded in the market. If the fund holds assets that are illiquid, or are difficult
to dispose of, the value of the fund will be negatively affected when it has to sell
such assets at unfavourable prices.

You are advised to read the fund’s prospectus and understand the risks involved and, if necessary,
consult your professional adviser(s) before investing.

FEES & CHARGES

What are the fees and charges involved?
Sales charge Up to 5.5% of NAV per unit.
The Manager may at its discretion charge a lower sales charge.
Redemption charge Nil
Switching charge Switching fee of up to 0.75% of NAV per unit or a minimum of RM50 will be
imposed if units are switched out of the fund within 90 days from the date of
purchase or switching of units into the fund. This switching fee will be retained
by the fund.
Switching fee of up to RM25* will be imposed if units are switched out of the
fund after 90 days from the date of purchase or switching of units into the fund.
Note: *With effect from 1 January 2018, switching fee of up to RM50 will be imposed.

Transfer charge RM25 per transfer.

Note: With effect from 1 January 2018, up to RM50 will be charged per transfer.

Management fee 1.50% per annum of the NAV.

Trustee fee 0.06% per annum of NAV, subject to a minimum fee of RM18,000 and a
maximum fee of RM600,000 per annum.

Note: All the above fees and charges are subject to Goods and Services Tax (GST) which are payable by you.

There are fees and charges involved and you are advised to consider them before investing in the fund.

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PERFORMANCE OF P SMALLCAP
Average Annual Returns for the following periods ended 31 August 2016
1-Year 3-Year 5-Year 10-Year Since Commencement*
P SmallCap (%) 11.79 10.10 15.99 30.43 38.05
Benchmark index (%)** 10.11 1.65 6.75 9.26 8.20

Annual Total Return for the Financial Years Ended 31 August

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
P SmallCap (%) 55.60 -2.13 9.66 35.15 -0.46 13.67 21.55 22.03 -4.46 11.79
Benchmark index (%)** 32.96 -14.75 10.01 13.55 1.71 7.56 18.53 28.77 -25.98 10.11

1-Year Fund Performance Review

P SmallCap registered a total return of +11.79% for the financial year ended 31 August 2016 as compared to its
benchmark’s return of +10.11% over the same period.
Notes:
* The figure shown is for the period since the fund’s commencement (3 July 2000).
** Prior to 30 April 2008, the fund’s benchmark was the Kuala Lumpur Composite Index.
Effective from 30 April 2008, the fund’s benchmark has been replaced with the FTSE Bursa Malaysia Small Cap Index which comprises
eligible companies within the top 98% of the Bursa Malaysia Main Market excluding constituents of the FTSE Bursa Malaysia Top 100
Index. This index is more representative of the fund’s investment objective of investing in companies with small market capitalisations.
The calculation of the above returns is based on NAV-to-NAV basis, and is sourced from Lipper.
Average annual returns of the fund are derived by dividing the total returns of the fund with the number of years under review.
Commencement date is the last day of the initial offer period.
Portfolio Turnover Ratio (PTR)
2014 2015 2016
PTR (time) 0.09 0.09 0.04
The fund’s PTR remained at 0.09 times for the financial year ended 2014 and 2015 due to ongoing rebalancing
activities. The fund’s PTR subsequently decreased to 0.04 times for the financial year ended 2016 due to a lower
level of rebalancing activities undertaken by the fund.
Distribution
2014 2015 2016
Gross distribution per unit (sen) 8.00 6.00 5.00
Net distribution per unit (sen) 7.72 6.00 5.00

Distribution is in the form of cash.

PAST PERFORMANCE OF THE FUND IS NOT AN INDICATION OF ITS FUTURE PERFORMANCE.

ADDITIONAL INFORMATION

Valuation
The NAV of this fund is calculated and the price of units published on each business day at www.publicmutual.com.my.
Purchase and redemption of units
You can purchase and redeem units of the fund on any business day at the fund’s next determined NAV.
Initial investment
• Minimum initial investment*: RM1,000.
• Existing investors who are Public Mutual Online (PMO) subscribers may purchase units of the fund online.
• If you are not an existing PMO subscriber and would like to be one, please submit the PMO application
form personally at any Public Mutual Berhad or Public Bank Berhad branch offices or Public Mutual Berhad
Head Office.
• Otherwise, please submit your completed investment application form together with a cheque to any of
the Public Bank Berhad branches.
• For first time investor of Public Mutual Berhad, you are required to complete the new investor form.
Note: * The Manager may vary the minimum initial investment amount from time to time.

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Purchase and redemption of units (cont’d)

Additional investments
• Minimum additional investment: RM100.
• You may invest regularly through PMO, direct debit authorisation with banks or by depositing your cheque
into the collection accounts maintained at Public Bank Berhad.

How You Should Write Your Cheque

Individual
Cheque must be made payable to:
Investors

Initial
“Public Mutual Berhad - New NRIC No. of First Holder”.
Investment

“Public Mutual Berhad - Account No. of Targeted Fund”

Additional
or
Investment
“Public Mutual Berhad - New NRIC No. of First Holder”.

For corporate investors, cheque for initial investment must be made payable to “Public Mutual Berhad -
Your Company Registration Number”. Cheque for additional investment must be made payable to “Public
Mutual Berhad - Account No. of Targeted Fund or Your Company Registration Number”.
Please write down your name, new NRIC/passport number/company registration number and telephone
number at the back of the cheque.
Cooling-off right
• Applicable for fi rst time investors of Public Mutual Berhad.
• Your request must be submitted either to the Public Mutual Berhad Head Offi ce or any of its branch offi ces
within 6 business days from the date of receipt of the investment application form and payment by Public
Mutual Berhad.
• Full refund will be paid within 10 days from the date of exercise of this right.
• The refund for every unit held will be the sum of the price of a unit on the day the units were purchased
and the sales charge imposed (and GST) on the day the units were purchased.
• Corporates or institutions, staff of the Manager and persons registered to deal in unit trust funds are not
entitled to the cooling-off right.
Redemption
• Minimum units for redemption: 1,000 units.
• You can execute your redemption request via PMO or by completing and submitting the repurchase form on
any business day to your nearest Public Mutual Berhad branch offi ce or Public Mutual Berhad Head Offi ce.
• Your redemption proceeds will be paid within 10 days from our receipt of your request. If partial redemption
results in less than 1,000 units being held in your account with the fund, the Manager may redeem the
entire account.

DO NOT PAY CASH FOR YOUR INVESTMENT

UTCs AND STAFF OF PUBLIC MUTUAL BERHAD ARE NOT AUTHORISED TO COLLECT
INVESTMENT AMOUNT IN CASH UNDER ANY CIRCUMSTANCES WHATSOEVER.
Public Mutual Berhad will not be liable for any loss incurred should you give cash to our UTCs or staff.

DO NOT PAY CASH TO A UTC OR STAFF OF PUBLIC MUTUAL BERHAD.

BNM/21/12-2016

DO NOT ISSUE A CHEQUE IN THE NAME OF A UTC OR STAFF OF PUBLIC MUTUAL BERHAD.

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PUBLIC SMALLCAP FUND

CONTACT INFORMATION

Who should I contact for further information on the fund?

For information pertaining to the fund, you may consult/contact:

• UTCs who are registered with the Federation of Investment Managers Malaysia (FIMM);
• Public Mutual Berhad Customer Service Hotline at 03-6207 5000; or
• email us at [email protected].

Who should I contact to lodge a complaint?

1. For internal dispute resolution, you may contact our Customer Service Hotline at 03-6207 5000.
2. If you are dissatisfied with the outcome of the internal dispute resolution process, please refer your dispute to
the Securities Industry Dispute Resolution Center (SIDREC):
(a) via phone to : 03-2282 2280
(b) via fax to : 03-2282 3855
(c) via email to : [email protected]
(d) via letter to : Securities Industry Dispute Resolution Center (SIDREC)
Unit A-9-1, Level 9, Tower A
Menara UOA Bangsar
No. 5, Jalan Bangsar Utama 1
59000 Kuala Lumpur
3. You can also direct your complaint to Securities Commission Malaysia (SC) even if you have initiated a dispute
resolution process with SIDREC. To make a complaint, please contact the SC’s Investor Affairs & Complaints
Department:
(a) via phone to the Aduan Hotline at : 03-6204 8999
(b) via fax to : 03-6204 8991
(c) via email to : [email protected]
(d) via online complaint form available at www.sc.com.my
(e) via letter to : Investor Affairs & Complaints Department
Securities Commission Malaysia
No. 3, Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
4. FIMM’s Complaints Bureau:
(a) via phone to : 03-2092 3800
(b) via fax to : 03-2093 2700
(c) via email to : [email protected]
(d) via online complaint form available at www.fimm.com.my
(e) via letter to : Legal, Secretarial & Regulatory Affairs
Federation of Investment Managers Malaysia
19-06-01, 6th Floor Wisma Tune
No. 19 Lorong Dungun
Damansara Heights
50490 Kuala Lumpur

This PHS will be updated on 30 November 2017. You may refer to our website at www.publicmutual.com.my
for the updated PHS.

P-9E5
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