Maikel Sajangbati

1. 9/26/2012 1

2. 9/26/2012 2

3. AGENDA
INDONESIA MARKET OUTLOOK
2012
HIGHLIGHT of INDONESIA HNWI
HOW TO PROTECT YOUR WEALTH
(Assets)?
A Private Wealth Management Perspective
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4. INDONESIA MARKET OUTLOOK 2012
OVERVIEW OF INDONESIA
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Source: Bank Indonesia (2012); BPS (2011)

5. INDONESIA MARKET OUTLOOK 2012
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6. INDONESIA MARKET OUTLOOK 2012
Population– 240 million
Currency : IDR (Rupiah)
The Best Three in Asia Pacific
(China, India, Indonesia)
Exchange Rate : ~ IDR 9.500,-
GDP ~ $ 800 Billion
GDP growth 6.4%
9/26/2012 GDP / Capita > US$ 3,800,- 6

7. INDONESIA MARKET OUTLOOK 2012
Inflation (YOY) 4.58%
JCI > 4,000
Goverment Budget - 2.23%
Reserves ~ $ 108.9 Billion
Public Debt / GDP : 25%
Member of G-20
Credit Rating : Baa3 (Investment Grade)
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*yoy July 2012

8. INDONESIA MARKET OUTLOOK 2012
G20 COUNTRIES GDP GROWTH 2011 Q4 (in USD trilion)
1 United States 15.09 11 India 1.68
2 China 7.30 12 Spain 1.49
3 Japan 5.87 13 Australia 1.49
4 Germany 3.58 14 Mexico 1.15
5 France 2.78 15 South Korea 1.12
6 Brazil 2.49 16 Indonesia 0.85
7 England 2.42 17 Dutch 0.84
8 Italy 2.30 18 Turkey 0.78
9 Russia 1.85 19 Switzerland 0.64
10 Canada 1.74 20 Saudi Arabia 0.58
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9. AGENDA
INDONESIA MARKET OUTLOOK
2012
HIGHLIGHT of INDONESIA HNWI
HOW TO PROTECT YOUR WEALTH
(Assets)?
A Private Wealth Management Perspective
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10. HIGHLIGHT of INDONESIA HNWI
Population 2007-2010 ?
Source : Asia Pacific Wealth Report 2011, by Capgemini & Merrill Lynch
Note 2011 : India -18% (dropout Top 12) VS South Korea
Hongkong -16.7%
Singapore -7.8%
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Asia Pacific HNWI Population + 1.6%

11. HIGHLIGHT of INDONESIA HNWI
Wealth Distribution 2010 ?
Note 2011 : Source : Asia Pacific Wealth Report 2011, by Capgemini & Merrill Lynch; Economist Intelligence Unit, 2011
Asia Pacific HNWI Wealth -1.1%
India - 33.4% 11
Hong Kong - 16.7%

12. HIGHLIGHT of INDONESIA HNWI
Composition HNWI in Asia Pacific 2015 F
120
100 Phillipines 1 %
Malaysia 2%
80 Indonesia 3%
Thailand 4%
60 Singapore 5%
Taiwan 5%
40 Hong Kong 5%
South Korea 11 %
20 India 14%
China 49%
0
12
Source : Wealth Report Asia 2011, by Julius Baer & CLSA Asia Pacific Market
.

13. HIGHLIGHT of INDONESIA HNWI
Indonesia HNWI Diversification by Asset Class
Source : Asia Pacific Wealth Report 2011 by Capgemini; Merrill Lynch Global Wealth Management Financial Advisor Survey, 2011
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14. HIGHLIGHT of INDONESIA HNWI
Indonesia HNWI Diversification by Geographic
Source : Asia Pacific Wealth Report 2011, by Capgemini; Merrill Lynch Global Wealth Management Financial Advisor Survey, 2011
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15. HIGHLIGHT of INDONESIA HNWI
Indonesia HNWI Passion Investments
Source : Asia Pacific Wealth Report 2011, by Capgemini & Merrill Lynch Global Wealth Management Financial Advisor Survey, 2011
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16. HIGHLIGHT of INDONESIA HNWI
Change in Equity ?
Performance of Stock Market Indices (August, 31 2012)
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Source : Kemenkeu, IMF, Bank Dunia, Bloomberg

17. HIGHLIGHT of INDONESIA HNWI
Product Maturity ?
17
Source : Asia Pacific Wealth Report , by Capgemini & Merrill Lynch

18. HIGHLIGHT of INDONESIA HNWI
Indonesia HNWI Wealth Source ?
Source : Asia Pacific Wealth Report 2011, by Capgemini; Merrill Lynch Global Wealth Management Financial Advisor Survey, 2011
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19. HIGHLIGHT of INDONESIA HNWI
Wealth Explosion in Asia:
Estimates of Wealth & HNWI: 2015 F
Wealth of HNWI
Adult Population (m) No of HNWI (1.000) (USD bn)
China 1.024,7 1.378 8.764
India 805,6 403 2.465
Indonesia 161,0 99 487
Philippines 56,9 38 164
Thailand 52,2 128 609
South Korea 38,5 310 1074
Taiwan 19,2 68 329
Malaysia 18,7 136 593
Hong Kong 6,2 131 711
Singapore 4,1 129 616
Total 2.187,1 2.821 15.812
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Source : Wealth Report Asia 2011, by Julius Baer & CLSA Asia Pacific Market

20. HIGHLIGHT of INDONESIA HNWI
Key Wealth Estimates 2010-2015: Indonesia
5 year Cagr
2010 2015 %
Adult Population (m) 153 161 1
Number of HNWI (,000) 33 99 24,7
Wealth of HNWI (USD bn) 129 487 30,4
Nominal GDP (IDR tn) 6.423 13.805 16,5
USD/IDR 9.009 6.750 5,9
Nominal GDP (USD bn) 708 2.029 23,5
Property market returns 11
Stock market returns 14,9
Source : Wealth Report Asia 2011, by Julius Baer & CLSA Asia Pacific Market
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21. HIGHLIGHT of INDONESIA HNWI
Lifestyle Index ?
Average price across countries Avg. Inflation
Item Specification Curr. Price, USD 1 year ago, USD (%)
Wine Lafite Rothschild 2000 3.336 2.807 21,9
Wedding banquet 500 persons at top hotel 92.146 78.783 18,8
Ladies handbag Chanel quilted bag 4.185 3.509 17,5
Business-class flight Avg. return to Ldn/NY 6.121 5.329 16,9
Piano Steinway Grand 201.021 171.816 16,7
Hotel Suites Four Season 6 Star 652 568 15,1
Residential property 4000 sq ft high-end 16.847.143 14.394.514 14,4
Ladies shoes Classic Louboutin pumps 1.868 1.668 10,8
Hospital 1 day top-end hospital 443 400 10,8
Jewellry Tiffany 2 ct diamond ring 96.479 85.140 10,3
Car Mercedes S500 321.522 292.459 10,2
Lawyer 1 hour fee with partner 519 472 9,7
Watch Oyster Rolex 32.102 29.515 9,1
Golfclub membership Top local golf club 304.818 287.306 7,6
Cigar Cohiba siglo VI 760 711 5
Boarding School Average Eton/Deerfield 51.499 49.364 4,6
Men's suit Giorgio Armani 5.532 5.342 4,3
Rootcanal Top local dentist 1.510 1.455 4,3
Facial aesthetic procedure Sculptura liquid face lift 6.578 6.306 4,3
University fees Average Oxford/Harvard 51.016 49.677 2,8
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Lifestyle Index Inflation 11,7
Source : Wealth Report Asia 2011, by Julius Baer & CLSA Asia Pacific Market

22. AGENDA
INDONESIA MARKET OUTLOOK
2012
HIGHLIGHT of INDONESIA HNWI
HOW TO PROTECT YOUR WEALTH
(Assets)?
A Private Wealth Management Perspective
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23. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
“A holistic approach that seeks to coordinate
High Netwoth Investors’ needs over their life
times with the needs of their families”
“ A Comprehensive and Cohesive system
aimed at accumulating and growing
assets, preserving and protecting
Assets and transitioning assets“
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24. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
3 PILLARS OF
WEALTH MANAGEMENT
Pillar 1 Pillar 2 Pillar 3
WEALTH WEALTH GROWTH WEALTH
PROTECTION & & DISTRIBUTION &
PRESERVATION ACCUMULATION TRANSITION
Insurance
- Life Insurance : Tax Management Retirement
Buy & Sell
Agreement
- General Insurance
: Liability Insurance Investment
Estate
Management
Trust
- Family Living Trust
Bussiness Venture
Hedging
Money
Management
Diversification
- Asset Class 24
- Geographic

25. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
5 Ways to Protect Your Wealth
1
• OBJECTIVES
2
• RISK & RETURN
3
• TIME HORIZON
4
• RISK PROFILE
5
• DIVERSIFICATION
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26. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
1. Set Up Your Objective
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27. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
Set Up Your Objective
PRIORITY
• Working Capital
• Retirement Fund
• Education
• Dream House
• Pilgrimage
• Philanthropy
• Charity
• Set up Business Venture
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28. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
2. Recognising & Managing Potential Risk &
Expected Return
High Risk = High Return
Low Risk = Low Return
No Risk Free Instruments
Market Risk
Specific Risk
Defaultt Risk
9/26/2012 Interest Rate Risk 28

29. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
Recognising & Managing Potential Risk &
Expected Return Contd
Currency Risk
Inflation Risk
Legal Risk
Credit Risk
Operational Risk
Reputational Risk
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Country Risk

30. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
RISK & RETURN
%
Potential
Return
GAMBLING
Business
Art & Venture
Antiques
Derivative
Stock
Obligasi
Deposit
TBill Potential
Risk
SD
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31. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
How to Attract Global Investors ?
• Political Stability
• Currency Stability
• Market Segment
• Economic Growth
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32. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
How Can You Protect Your Assets When Starting
a Business ?
• A Corporation
• Limited Partnership
• Limited Liability Company
• Limited Liability Partnership
• Trust
• Liability Insurance
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33. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
3. Set Up Your Desired Time Horizon
Short 1–2 Medium 3–5 5 ++
Term
Long Term
Term Years Years Years
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34. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
4. Identify Your Personal Risk Profile
SCALE
0 5 10
VERY VERY
CONSERVATIVE MODERATE AGGRESIVE
CONSERVATIVE AGGRESIVE
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35. HOW TO PROTECT YOUR WEALTH (Assets)?
A Private Wealth Management Perspective
5. Implement the Diversification
RISK MINIMIZATION
BETTER RETURN
STRATEGIC & GLOBAL ASSET
ALLOCATION
DON’T PUT ALL OF OUR EGGS IN
ONE BASKET
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36. SUMMARY
AGENDA
INDONESIA MARKET OUTLOOK
2012
HIGHLIGHT of INDONESIA HNWI
HOW TO PROTECT YOUR WEALTH
(Assets)?
9/26/2012 36
A Private Wealth Management Perspective

37. For More Info, Please contact us :
PT MaeSa Consulting Indonesia
Contact : Maikel Sajangbati, CWM
Phone : +62 21 7333115
 Email : maesa@maesaconsulting.co.id
9/26/2012 Website : www.maesaconsulting.co.id 37