Public Indonesia Select Fund (New Launching) - 1 September 2010

Main features

PINDOSF is an equity fund that seeks to achieve capital growth over the medium- to
long-term period by investing in a portfolio of investments primarily in the
Indonesian market.
􀂃 To achieve increased diversification, PINDOSF may invest up to 30% of its net asset
value (NAV) in the Malaysian market and other global markets.
􀂃 PINDOSF’s equity exposure: generally range from 75% to 98% of its NAV.

Performance of the Indonesian market compared to other ASEAN markets

Table 1: Performance of Selected ASEAN Markets
                          Performance (%)#
Market            2009      2010 YTD*
Indonesia         114.7     17.5
Thailand           68.5       12.1
Malaysia          45.2       6.5
Philippines        65.9      6.4
Singapore         67.1      -1.2

Source: Lipper, July 2010


PINDOSF would focus on sectors that are



Sector                                                                                             Rationale
Banking & finance                                             Strong growth in banking sector loans and
                                                                            financial services.
Commodities                                                     Strong output growth projected.
Building materials (cement & steel)               Beneficiary of sustained infrastructure spending.
Consumer (auto)                                             To benefit from improved purchasing power.

Performance of PINDOSF’s Benchmark

Benchmark
Total Return* (%)
                                                       1-Year        3-Year          5-Year
Jakarta Composite Index            37.16          25.49            139.75