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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents.

1

Planning For Your

Children’s Education

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents. 2

Content

• Investment Planning

• Planning for Your Children’s Education

• Power of Compounded Investment

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents. 3

Content

• Investment Planning

• Planning for Your Children’s Education

• Power of Compounded Investment

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Investment Planning

• Meet Retirement Expenses

• Hedge Against Inflation

• Prepare for the Expected & Unexpected

• Minimise Taxes & Reduce Debts

• Beat Your Goals

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Investment Planning

• Growth over time– Compounded growth of investments

• Investment vs Speculating Activities• Investment

– Investment requires long term commitment

– Measured in years

– Grow money over time ahead of taxes & inflation

– Beat taxes & inflation

– More predictable returns (averaged)

• Speculating– Short term

– Unpredictable returns

– Potentially very high or low returns

– High risk

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents. 6

Investment Planning

Asian Trend:

• Asian parents tend to sacrifice their own goals, savings & plans

for retirement for the sake of their children’s education & depend

on their support after retirement i.e. are your children your

retirement plan?

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Investment Planning

If we only have so much

money, should we throw out

our own goals, savings &

plans for retirement in order

to provide for our children’s

education?

Can we say to our

children, we are paying

for your education now,

so make sure you pay for

us in our old age?

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents. 8

Content

• Investment Planning

• Planning for Your Children’s Education

• Power of Compounded Investment

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Planning For Your Children’s Education

1. Retirement

2. Education Fund

3. Personal Wealth Accumulation

4. Capital Preservation/Inheritance

5. Business Continuity

Time Horizon

Rank Goals

Effective Management of

Resources

1. Investment Term

– Short Term

– Medium Term

– Long Term

2. Point of Investment

1. Choosing the Right Investment(s)

2. Investment Methods

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Planning For Your Children’s Education

Choosing the Right Investment

• Time Horizon– At what stage of the ‘life cycle’ are you?

– How long to do plan to invest?

• Investment Objective/Goals– Marriage

– Home

– Family

– Education

– Retirement

– Capital preservation & Asset Accumulation

– Planning for Uncertainty

• Risk Appetite– How much risk are you comfortable with?

– What is your Investment profile: risk tolerance, age, liquidity, required rate of return, current income, capital preservation, inflation, investment horizon

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Planning For Your Children’s Education

SHORT TERM /

EMERGENCY MONEY

Savings/Current Accounts

Fixed Term Deposits

Insurance Products

Capital Guaranteed Funds

Security

Security

Financial

Needs

LONG TERM

MONEY

Growth

Expertise

Discipline

Diversified Portfolio

Unit Trust Funds

Structured/Discretionary

Islamic

REITs

Financial

Wants

OPPORTUNISTIC

MONEY

Fun

Timing

Luck

Direct stocks and bonds

IPOs

Single theme funds

Lottery

Choose the Right Investments by targeting returns that beat inflation

at tolerable risk levels over an acceptable time horizon

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Planning For Your Children’s Education

• Number of children

• Local or overseas education

• Targeted Country

• Currency

• Current Cost of Education - Years of education, cost of

living etc.

• *Optional: Scholarship or totally self-funded

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Planning For Your Children’s Education

Country InflationExchange

RatesCurrency

Estimated cost of

Education (RM)

India 4.63% 11.9383 MYR / IND 55,107.70

Malaysia 3.40% - - 100,000.00

New Zealand 1.10% 2.6652 NZD / MYR 175,903.20

Singapore 0.60% 2.2342 SGD / MYR 192,337.81

China (Hong Kong) 0.90% 2.1409 MYR / RMB 203,185.58

Canada 3.40% 3.2068 CAN / MYR 264,599.48

Australia 3.00% 2.8565 AUD / MYR 335,895.84

United Kingdom 2.50% 6.7363 GBP / MYR 343,551.30

USA 4.70% 3.7745 USD / MYR 412,175.40

Source: Inflation Rates: Bloomberg - Rates are YoY as at September 2005 (except New Zealand - QoQ)

Exchange Rates: Bloomberg - Rates are as at 26 October 2005

Note: Estimated Education cost only covers Tuition and Accomodation Fees Only

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Content

• Investment Planning

• Planning for Your Children’s Education

• Power of Compounded Investment

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

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Investment Basics

Purpose of investment i.e. to achieve capital appreciation, high

dividend yields or a consistent income yield over a period of time.

Depending on the investor’s profile, net worth and financial situation

whether it is the person’s retirement savings, hard earned monthly

savings or excess cash.

Point of investment close to retirement, height of career & term of

investment etc.

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents. 16

Power of Compounded Investment

• Scenario 1:• Mr. & Mrs. Chan are planning to send their

eldest son to university in the United Kingdom (UK) in 10 years. On hand, they know that the average fees & living expenses will amount to a total of RM350k today. Given an estimated inflation rate of 3% in the UK, they will have had to put aside a total of RM28,636 per year/RM2,432 per month in an investment with an average growth rate of 8% to achieve RM448,029 lump sum in 10 years.

• Scenario 2:

• If Mr. & Mrs. Chan had decided to 20 years in

advance, as opposed to 10, to send their son to

university in the United Kingdom (UK), given the

same variables i.e. average fees & living

expenses will amount to a total of RM350k today,

estimated inflation rate of 3%, they will have had

to put aside a total of RM12,790 per

year/RM1,066 per month in an investment with an

average growth rate of 8% to achieve

RM632,138 lump sum in 20 years.

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should not be disseminated or distributed to parties outside the presentation. Hwang-DBS Investment

Management accepts no liability whatsoever with respect to the use of this document or its contents. 17

Power of Compounded Investment

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Management accepts no liability whatsoever with respect to the use of this document or its contents. 18

DISCLAIMER

• This presentation was prepared by Hwang-DBS Investment Management Berhad (Co. No. 429786-T). The information contained in this presentation has been obtained from public sources believed to be reliable and the opinions, analysis, forecasts, projections and expectations (together "Opinions") contained in this presentation are based on such information and are expressions of belief only. No representation or warranty, expressed or implied, is made that such information or Opinions is accurate, complete or verified and it should not be relied upon as such. Information and Opinions contained in this presentation are published for recipients' reference only, and are not to be relied upon as authoritative or without the recipients' own independent verification or in substitution for the exercise of judgement by any recipient, and are subject to change without notice.

• This presentation is not, and should not be construed as, an offer document or an offer or solicitation to buy or sell any investments.

• A copy of the Master (This Prospectus shall hereafter supersede and replace the current prospectus and supplementary prospectus of Hwang-DBS Select Income Fund which will expire on 5 January 2006), Islamic Master , Select Cash & Select Enhanced Deposit Prospectuses have been registered by, and lodged with, the Securities Commission. These Prospectuses have been seen and approved by the directors of the management company of the unit trust fund and they collectively and individually accept full responsibility for the accuracy of all information contained herein and confirm, having made all enquiries which are reasonable in the circumstances, that to the best of their knowledge and belief, there are no other facts the omission of which would make any statement herein misleading.

• The Securities Commission has approved the issue, offer or invitation in respect of the unit trust funds the subject of this Prospectus, and that the approval shall not be taken to indicate that the Securities Commission recommends the investment.

• The Securities Commission shall not be liable for any non-disclosure on the part of the management company and takes no responsibility for the contents of the Prospectus, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Prospectus. INVESTORS SHOULD RELY ON THEIR OWN EVALUATION TO ASSESS THE MERITS AND RISKS OF THE INVESTMENT. IN CONSIDERING THE INVESTMENT, INVESTORS WHO ARE IN DOUBT AS TO THE ACTION TO BE TAKEN SHOULD CONSULT THEIR PROFESSIONAL ADVISERS IMMEDIATELY.

• No units will be issued or sold on the basis of this Prospectus later than one (1) year after the date of these Prospectuses.