4-5. Fund Risk Classification 47. PRS Conservative Fund. PRS Growth Fund. PRS Moderate Fund. Select Balanced Fund. Select Dividend Fund

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2 Content MD's Message 3 Market Update: Quarterly Review & Outlook 8-10 From CLO's Desk: Managing Your Finance Affin Hwang's Recommended Funds Fund Risk Classification 47 Fund Factsheets Absolute Return Fund II 39 PRS Conservative Fund 14 Absolute Return Fund III 40 PRS Growth Fund 12 Aiiman Growth Fund 33 PRS Moderate Fund 13 Aiiman Income Plus Fund 35 Select AUD Income Fund (AUD Class) 25 Aiiman PRS Shariah Growth Fund 15 Select AUD Income Fund (RM Class) 26 Aiiman Select Income Fund 34 Select Asia (ex Japan) Opportunity Fund 18 ASEAN Flexi Fund 17 Select Asia (ex Japan) Quantum Fund 16 China Growth Fund 37 Select Asia Pacific (ex Japan) Balanced Fund 23 Enhanced Deposit Fund 32 Select Asia Pacific (ex Japan) Dividend Fund 21 Fixed Maturity Income Fund V 41 Select Asia Pacific (ex Japan) REITS and Infrastructure Fund 20 Fixed Maturity Income Fund VI 41 Select Balanced Fund 24 Fixed Maturity Income Fund VII 42 Select Bond Fund (RM Class) 30 Fixed Maturity Income Fund VIII 42 Select Bond Fund (USD Hedged-Class) 31 Fixed Maturity Income Fund IX 43 Select Dividend Fund 22 Fixed Maturity Income Fund X 43 Select Income Fund 29 Fixed Maturity Income Fund XI 44 Select Opportunity Fund 19 Fixed Maturity Income Fund XII 44 Select SGD Income Fund (RM Class) 27 Fixed Maturity Income Fund XIII 45 Select SGD Income Fund (SGD Class) 28 Global Commodity Fund 38 Structured Income Fund VIII 46 Japan Growth Fund 36 Disclaimer: This content has been prepared by Affin Hwang Asset Management Berhad (formerly known as Hwang Investment Management Berhad) (hereinafter referred to as Affin Hwang Capital ) specific for its use, a specific target audience, and for discussion purposes only. All information contained within this presentation belongs to Affin Hwang Capital and may not be copied, distributed or otherwise disseminated in whole or in part without written consent of Affin Hwang Capital. The information contained in this presentation may include, but is not limited to opinions, analysis, forecasts, projections and expectations (collectively referred to as Opinions ). Such information has been obtained from various sources including those in the public domain, are merely expressions of belief. Although this presentation has been prepared on the basis of information and/or Opinions that are believed to be correct at the time the presentation was prepared, Affin Hwang Capital makes no expressed or implied warranty as to the accuracy and completeness of any such information and/or Opinions. As with any forms of financial products, the financial product mentioned herein (if any) carries with it various risks. Although attempts have been made to disclose all possible risks involved, the financial product may still be subject to inherent risk that may arise beyond our reasonable contemplation. The financial product may be wholly unsuited for you, if you are adverse to the risk arising out of and/or in connection with the financial product. Affin Hwang Capital is not acting as an advisor or agent to any person to whom this presentation is directed. Such persons must make their own independent assessments of the contents of this presentation, should not treat such content as advice relating to legal, accounting, taxation or investment matters and should consult their own advisers. Affin Hwang Capital and its affiliates may act as a principal and agent in any transaction contemplated by this presentation, or any other transaction connected with any such transaction, and may as a result earn brokerage, commission or other income. Nothing in this presentation is intended to be, or should be construed as an o er to buy or sell, or invitation to subscribe for, any securities. Neither Affin Hwang Capital nor any of its directors, employees or representatives are to have any liability (including liability to any person by reason of negligence or negligent misstatement) from any statement, opinion, information or matter (expressed or implied) arising out of, contained in or derived from or any omission from this presentation, except liability under statute that cannot be excluded. Asset Management 2

3 MD s Message Greetings from Affin Hwang AM! It has been a good start to the first quarter of We thank our partners and clients that have continued to believe in our investment philosophy and stayed invested with us. This support and believe in us brought our assets under management (AUM) to over RM31 billion 1. Our recently launched fund, the Affin Hwang Fixed Maturity Income Fund VIII saw a subscription of RM215 million within a few weeks. This showed us that there was still a good demand from investors for funds that can continue to deliver consistent, steady returns with lower risk characteristics investing into a basket of bonds. In March, we also received recognition for our outperformance by international rating agencies as well as a regional publication. Our subsidiary, Asian Islamic Investment Management Sdn. Bhd. was awarded Best Islamic Product by Asia Asset Management 2014 Best of the Best Awards and our flagship mixed asset fund, Affin Hwang Select Income Fund was named Best Mixed Asset MYR Conservative Fund, over 5 years by The Edge Lipper Malaysia Fund Awards 2015 and Best MYR Allocation Fund by Morningstar Fund Awards We were honoured to receive these awards as our key focus in the firm is to continuously place clients at the forefront of our business objective by delivering consistent positive total returns to all our investors. In addition, we are also please that our close-ended funds; Affin Hwang 12M Income Fund II ( 12M IF II ) and Affin Hwang Structured Income Fund V ( StrIF V ) matured and successfully met the fund s objective. The 12M IF II delivered total return of 4.14% 2 (guided return at 4%) and StrIF V delivered total return of 22.98% 3 (guided return at 17.1%). What's New at Affin Hwang AM? As part of our expansion plan to reach out to our investors, we recently opened the eighth sales centre at Jaya One. This sales centre is to cater to the growing community within the Klang Valley. We welcome you to our sales centre which officially opened on 8th April In addition, due to the strong demand from investors, we launched yet another close-ended Fixed Maturity Income Fund series, the Affin Hwang Fixed Maturity Income Fund XIV ( FMIF XIV ) on 6th April We do foresee this fund to be taken up within a few weeks. Portfolio Strategy The volatile market conditions and uncertainties from the global front have led us to take a more cautious view on the markets. While markets will continue to be liquidity driven through easing measures taken by major central banks (ex-us), we believe the risk-reward may not be justifiable. The investment team keeps abreast with the global macroeconomic environment and market development to equip themselves with the ability to be nimble and quick investment decisions to capitalise on opportunities. Company visits of more than 2,000 per year are made to various companies, either current or future investments, for the team to have a better understanding and grasp of the managements outlook on the business, as well as their business plans. Through an entrepreneurial approach, we believe that it is vital to have a good understanding and invest into companies that we have conviction in. For our equity portfolios, we will maintain our cash levels to protect the Fund from potential market volatility until clearer catalysts on the external front can be seen. We will be tactically participating into regional markets given the opportunities through structural reforms that it has taken, e.g. Indonesia, or a general improvement in economic conditions in the likes of the Philippines. As for the bond market, the recent yield adjustments have been undertaken with tapering expected to run its course until yearend. As such, we will maintain a shorter than benchmark duration strategy on our fixed income portfolios. However, relative yields are still attractive compared to developed markets, and with most Asian central banks either easing or keeping their rates on hold, we expect to see further decline in yields. We will however be mindful of the impending interest rate hike by the US. We thank you for your continuous support and we stand by our commitment to deliver performance for the trust you have placed in us. Best Wishes, Teng Chee Wai Managing Director & Executive Director 1 Source: Combined AUM of Affin Hwang AM and Aiiman, as of 28 February , as of 17 March , as of 30 March Asset Management

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7 Affin Hwang s Recommended Funds FUNDS FUND CATEGORY FUND TYPE CONVENTIONAL FUNDS Select Bond Fund Select AUD Income Fund Select Balanced Fund Select Income Fund Select SGD Income Fund Select Asia (ex Japan) Opportunity Fund Select Asia Pacific (ex Japan) REITs and Infrastructure Fund Select Dividend Fund Select Opportunity Fund ASEAN Flexi Fund China Growth Fund Japan Growth Fund Select Asia (ex Japan) Quantum Fund Bond Mixed Asset Balanced Fixed Income Mixed Asset (Conservative) Equity Mixed Asset Equity Equity Mixed Asset Feeder (Wholesale) Equity Equity Income Income & Growth Growth & Income Income & Growth Income Growth Income & Growth Income & Growth Growth Growth & Income Growth Growth Growth SHARIAH FUNDS Aiiman Income Plus Fund Aiiman Select Income Fund Aiiman Growth Fund Bond Mixed Asset (Conservative) Equity Income Income Growth Award-winning Fund Affin Hwang Select Income Fund: Morningstar Awards 2015, Best MYR Allocation Fund Affin Hwang Select Income Fund: The Edge-Lipper Fund Awards 2015, Mixed Asset MYR Conservative 5 Years 7 Asset Management

8 MARKET UPDATE I quarterly review and outlook GLOBAL EQUITIES The first quarter of 2015 saw global markets continue its diverse range of returns. The year also started with optimism buoyed by both the expectation and subsequent announcement of an expanded asset purchase programme in Europe. Most Asian countries like China, Indonesia, Singapore, India and Korea followed the quantitative easing track to support their economies. The US equity market has continued to strengthen during the quarter despite soft economic data releases and its interest rates hike uncertainty. However, towards the end of March, news of Saudi Arabia bombing the rebel positions in Yemen rattled the financial markets. International oil prices surged by almost 6% as Brent crude futures climbed to a high of USD59 per barrel. Source: Bloomberg REGIONAL EQUITIES The S&P 500 Index strengthen by 6.3% (in Malaysis Ringgit (MYR) terms) over the quarter. Both the MSCI World Index and the MSCI Emerging Markets Index were up by 7.7% and 7.8% respectively (in MYR terms). The Tokyo Stock Price Index was the best performer with a recorded growth of 15.7% (in MYR terms). STRATEGY: The Manager expects less significant negative risks to take place as global central banks remain accommodative. We are holding a moderate level of cash for our portfolio, which will be tactically deployed into selected markets. Regional markets ended the quarter with stronger gains, outpacing the broader global market as the MSCI AC Asia ex Japan Index locked in quarterly gains of 10.7%. This was mainly supported by strong showing of the Shanghai Composite Index, which continued its uptrend from last year to end the quarter with a 22.7% gain. Markets were supported by abundant liquidity fueled by the Bank of Japan, as well as the European Central Bank. Central banks around Asia were also seen cutting interest rates in a bid to boost economic activity as the growth environment turned slightly sluggish. The Shanghai Composite Index rally continued from the previous year to chalk up an impressive quarterly gain. The market was supported by investors moving into the market on optimism that the People s Bank of China will continue its monetary easing cycle. Approximately 4 million new equity trading accounts were opened in March alone as investors scrambled to participate in the rally. The Philippines Composite Index rose 16.4% over the quarter, a reflection of the country s improving economic success. The IMF has increased the country s growth forecast for 2015 from 6.6% to 6.7% on the back of higher spending, and stronger construction growth. Source: Bloomberg STRATEGY: We expect markets to remain driven predominantly by the ample liquidity from central banks. Nevertheless, economies with better managed balance sheets will likely enjoy comparatively stronger inflows. 08 APRIL 2015 I FUNDamentals

9 MARKET UPDATE I quarterly review and outlook LOCAL EQUITIES Malaysia market was relatively quiet over the quarter compared to its regional peers. Ringgit continued to weaken against the USD with pressures mounting from 1MDB, and weak oil prices. Trade surplus declined for the 3 rd consecutive month in February, a trend that analysts are expecting to continue as exports for commodities, as well as electronics remain in a declining trend. The implementation of GST on 1 April is expected to cause a temporary uptick in inflation, before trickling off as we remain in a low oil price environment. The consumer sector is also expected to face short-term setback as consumers ease into the new tax implementation. The weaker Ringgit is likely to provide support for the tourism sector as the government continues its promotional efforts. This, along with the low oil price environment that we are in, is expected to be beneficial for the airline sector. Source: Bloomberg STRATEGY: Markets are expected to remain supported by both the domestic, and foreign investors. We expect foreign funds to flow back into the market given the more dovish comments by the US Federal Reserve. The Manager will maintain a tactically cautious stance on the domestic market in the near-term on the back of growing concerns surrounding its fundamentals. GLOBAL & LOCAL FIXED INCOME Global financial assets stabilised over the first quarter of Global government bond markets generally extended its rally into 1Q2015. Disinflationary global trends caused a drop in inflation expectations pulling down bond yields around the world. The benchmark U.S. 10-year yield was little changed at 1.94% over the quarter, but has dropped from 2.73% a year ago. Major markets such as Japan, China and Europe remained in determined policy-easing mode which continued to depress bond yields. The US Feds dovish outlook has also led markets to expect a delay in rate hikes. Central banks around Asia such as Indonesia, Korea, India, and Singapore took to loosening their monetary policy in a bid to address the slowing global growth environment. At the local front, Malaysian Government Securities (MGS) gained amidst the stronger Ringgit, while higher quality credits drove corporate bonds volume. The MGS market received strong buying interest, particularly in the mid-to-long tenor papers. Markets are expected to remain robust with an estimated MYR29b gross and net government bonds issuance in 2Q15. Source: Bloomberg STRATEGY: Our fundamental views on Asian credits remain constructive due to ample liquidity in the financial system, improvement in assets valuation, healthy balance sheets, and the stable regional economy. The Manager is maintaining lower cash levels for portfolios. 09 APRIL 2015 I FUNDamentals

10 MARKET UPDATE I quarterly review and outlook GLOBAL COMMODITIES Source: Bloomberg Commodity prices continued to trend lower with the broader Dow Jones-UBS Commodity Index dipping 0.5% over the first quarter of the year. Stronger US Dollar, slower growth environment, moderate winter weather, and growing inventories kept prices of commodities low. Brent crude oil, as well as nickel prices slumped to its 6-year low during the first quarter. Prices of iron ore also fell to its lowest level since Iron ore price is expected to remain weak as demand from China, the world s largest buyer, slows in-line with slower growth expectations. Demand for steel from the Asian giant fell due to the lack of growth in property starts. Policy measures by the government to boost the property market are not expected to lift demand significantly. Oil prices remained supressed after Saudi Arabia maintained its comfort at the present low prices. Despite the low oil prices, production continued to rise in the US. As at 25 March, production rose to 9.4million barrels a day, its highest level since Gold prices took a hit after a steady climb after Fed s indication that it may look towards a steady hike in interest rates later this year given the improving economic conditions in the US. STRATEGY: Price pressures are expected to continue for the commodity sector given the strength of the USD, and the slower global growth environment. GLOBAL THEMES: REITs & INFRASTRUCTURE. The on-going loosening of monetary policies by Asian central banks is expected to keep markets robust as borrowing costs are kept low. Asian REITs as gauged by the Bloomberg Asian REITs Index rose 4.3%, while the regional infrastructure sector, as gauged by the MSCI AC Asia (ex Japan) Infrastructure Index rose 10.8% over the quarter. Indonesia s central bank cut borrowing costs in February for the first time in three years, improving the outlook for Indonesia s economy as President Jokowi seeks to lift Gross Domestic Production growth to 7%. Property companies will be beneficiaries of the government s infrastructure spending plans, estimated at $433 billion through India has already cut interest rates for the second time in 2015 in a bid to spur bank lending. The government set aside budget for the current fiscal year which includes corporate tax cut and more investment for roads, bridges and power plants. Singapore s ongoing investments in infrastructure was highlighted in a special transfers budgeted for 2015, with S$3 billion earmarked for Changi Terminal 5 as it improves on its infrastructure to accommodate higher passenger traffic. STRATEGY: The Manager remains optimistic that the lower funding cost will continue to create opportunities of investments into the sectors. The Manager believes that retail REITs in Singapore is likely to remain robust as many malls are strategically located to attract footwork traffic. The Manager also sees opportunities within the telco industry in the Philippines as well as Hong Kong. Source: Bloomberg 10 APRIL 2014 I FUNDamentals

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12 Affin Hwang PRS Growth Fund (formerly known as Hwang PRS Growth Fund) A Fund that facilitates the accumulation of retirement savings by Members for their retirement needs, by aiming to generate capital growth. Name of Scheme Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Affin Hwang Private Retirement Cumulative Return Over The Period (%) Scheme : 130 Fund N/A 22.7 Fund Category : 125 PRSG N/A 19.9 Core (Growth) : 120 : % FTSE Bursa Malaysia Top Year 3 Year 5 Year Inception 100 Index + 35% MSCI AC Asia Fund 9.1 N/A N/A ex Japan Index + 30% Maybank : 8.1 N/A N/A Month FD rate : 100 : 95 : Nov 12 Mar 13 Jul 13 Nov 13 Mar 14 Jul 14 Nov 14 Mar 15 Calendar Year Year To 02 November 2012 / RM0.50 : : November 2012 to March 2015 NAV-NAV prices and assuming reinvestment of Fund distributions into the Fund, gross investment based in RM. The value of Units may go : down as well as up. Past performance is not indicative of future performance. N/A Financial Year End 31 July Top Holdings as at 31 March 2015* Income Distribution History Affin Hwang Select Bond Fund 30.1% Gross Distribution Yield Subscription Affin Hwang Select Asia (ex Japan) Quantum 20.1% (sen) (%) Cash Fund Affin Hwang Select Opportunity Fund 15.8% Sales Charge Affin Hwang Select Asia (ex Japan) Opportunity 13.9% (1) Distribution Policy : Distribution of income, if any, would be on annual basis Not applicable Fund Affin Hwang Asia Pacific (ex Japan) Select 10.0% Redemption Charge Not applicable Dividend Fund Fees by the PPA Annual Fee (2) RM8.00 per annum Pre-Retirement Withdrawal RM25 for each withdrawal request Asset Allocation of Underlying Asset as at 31 March 2015* Equities 57.5% Country Allocation of Underlying Asset as at 31 March 2015* Malaysia China 11.4% 32.5% 1.8% per annum Fixed Income Instruments 37.1% Singapore Hong Kong 10.5% 9.2% Minimum Investment RM100 Minimum Subsequent Investment RM50 Money Market Instruments 0.4% 5.1% Indonesia Japan Philippines Australia Others 6.1% 5.2% 5.0% 4.3% 5.1% 10.7% RM43.3 million RM * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Asset and Country Allocation might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) The Private Pension Adminstrator (PPA) Annual Fee is not payable by the Member for the year the Member's account is first opened and the year(s) where no contribution has been made. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Disclosure Document (RDD) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RDD before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RDD Investors should also consider the fees and charges involved. A copy of the PHS and the RDD can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 12 APRIL 2015 I FUNDamentals

13 Affin Hwang PRS Moderate Fund (formerly known as Hwang PRS Moderate Fund) A Fund that seeks income and capital growth from its investments to facilitate the accumulation of retirement savings for Members' retirement needs. Name of Scheme Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Affin Hwang Private Retirement Cumulative Return Over The Period (%) Scheme : 130 Fund N/A 19.5 Fund Category : N/A 11.2 Core (Moderate) : 120 PRSM : % FTSE Bursa Malaysia Top 1 Year 3 Year 5 Year Inception Index + 30% Dow Fund 8.4 N/A N/A 7.9 Jones/Asia Pacific Select : N/A N/A 4.6 Dividend 30 Index + 40% Maybank 12-Month FD Rate 02 November 2012 / RM0.50 N/A : : 100 : Calendar Year Year To 95 : Nov 12 Mar 13 Jul 13 Nov 13 Mar 14 Jul 14 Nov 14 Mar 15 : Fund : November 2012 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Financial Year End Top Holdings as at 31 March 2015* Income Distribution History 31 July Affin Hwang Select Bond Fund 28.5% Gross Distribution Yield Affin Hwang Select Dividend Fund 20.5% (sen) (%) Subscription Affin Hwang Select Asia (ex Japan) Opportunity 19.3% Cash Fund (1) Affin Hwang Select Balanced Fund 11.7% Distribution Policy : Distribution of income, if any, would be on semi-annual Sales Charge Affin Hwang Asia Pacific (ex Japan) Select 9.9% basis Not applicable Dividend Fund Redemption Charge Not applicable Asset Allocation of Underlying Asset as at 31 March 2015* Country Allocation of Underlying Asset as at 31 March 2015* Fees by the PPA Annual Fee (2) RM8.00 per annum Pre-Retirement Withdrawal RM25 for each withdrawal request 1.5% per annum Minimum Investment RM100 Equities Fixed Income Instruments Money Market Instruments 0.4% 4.6% 42.8% 52.2% Malaysia China Hong Kong Singapore Indonesia Thailand Australia Philippines Others 14.3% 10.1% 8.1% 6.7% 5.3% 4.4% 4.4% 6.6% 35.5% Minimum Subsequent Investment RM50 4.6% RM16.3 million RM * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Asset and Country Allocation might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) The Private Pension Adminstrator (PPA) Annual Fee is not payable by the Member for the year the Member's account is first opened and the year(s) where no contribution has been made. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Disclosure Document (RDD) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RDD before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RDD Investors should also consider the fees and charges involved. A copy of the PHS and the RDD can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 13 APRIL 2015 I FUNDamentals

14 Affin Hwang PRS Conservative Fund (formerly known as Hwang PRS Conservative Fund) A Fund that aims to provide Members with a capital preservation for their retirement needs. Name of Scheme Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Affin Hwang Private Retirement Cumulative Return Over The Period (%) Scheme : 115 Fund N/A 9.8 Fund Category : N/A 7.7 PRSC Core (Conservative) : 110 : Maybank 12-Month Fixed Year 3 Year 5 Year Inception Deposit Rate Fund 2.4 N/A N/A 4.0 : 3.3 N/A N/A 3.2 : November 2012 / RM0.50 : : Calendar Year Year To : 95 N/A : Nov 12 Mar 13 Jul 13 Nov 13 Mar 14 Jul 14 Nov 14 Mar 15 Fund Financial Year End 31 July : November 2012 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Subscription Top Holdings as at 31 March 2015* Income Distribution History Cash Affin Hwang Aiiman Income Plus Fund 41.1% Gross Distribution Yield Affin Hwang Aiiman Growth Fund 18.9% (sen) (%) Sales Charge Affin Hwang Enhanced Deposit Fund 11.4% Not applicable 0% Orix Leasing Malaysia ( ) 8.8% % RHB Capital Bhd ( ) 8.8% (1) Distribution Policy : Distribution of income, if any, would be on semi-annual Redemption Charge basis Not applicable Fees by the PPA Annual Fee (2) RM8.00 per annum Pre-Retirement Withdrawal RM25 for each withdrawal request Asset Allocation of Underlying Asset as at 31 March 2015* Fixed Income Instruments 54.8%. 1.3% per annum Money Market Instruments 25.2% Minimum Investment RM100 Minimum Subsequent Investment RM50 RM5.7 million RM Equities 5.7% 14.3% * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Asset Allocation of Underlying Asset might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) The Private Pension Adminstrator (PPA) Annual Fee is not payable by the Member for the year the Member's account is first opened and the year(s) where no contribution has been made. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Disclosure Document (RDD) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RDD before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RDD Investors should also consider the fees and charges involved. A copy of the PHS and the RDD can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 14 APRIL 2015 I FUNDamentals

15 Affin Hwang Aiiman PRS Shariah Growth Fund (formerly known as Hwang AIIMAN PRS Shariah Growth Fund) A Fund that facilitate the accumulation of Shariah-compliant retirement savings by Members for their retirement needs, the Fund aims to generate capital growth through investments in a collective investment scheme that invests primarily in Shariah-compliant equities. Name of Scheme Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Affin Hwang Private Retirement Cumulative Return Over The Period (%) Scheme : 145 Fund N/A 27.0 Fund Category : APRSSG N/A 18.7 Feeder (Equity) : 135 : 125 Inception FTSE Bursa Malaysia Emas Shariah Index 1 Year 3 Year 5 Year Fund -0.8 N/A N/A : -0.2 N/A N/A 7.6 : November 2012 / RM0.50 : : Calendar Year Year To : 95 Nov 12 Mar 13 Jul 13 Nov 13 Mar 14 Jul 14 Nov 14 Feb 15 N/A : Fund : November 2012 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go Financial Year End down as well as up. Past performance is not indicative of future performance. 31 July Subscription Target Fund Holding as at 31 March 2015* Income Distribution History Cash Affin Hwang Aiiman Growth Fund 99.9% Gross Distribution (sen) Yield (%) Sales Charge Not applicable Redemption Charge Not applicable (1) Distribution Policy : Distribution of income, if any, would be on annual basis Fees by the PPA Annual Fee (2) RM8.00 per annum Pre-Retirement Withdrawal RM25 for each withdrawal request Target Fund Asset Allocation as at 31 March 2015* Equities 99.9%. 1.8% per annum Minimum Investment RM % Minimum Subsequent Investment RM50 RM23.7 million RM * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Target Fund Asset Allocation might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) The Private Pension Adminstrator (PPA) Annual Fee is not payable by the Member for the year the Member's account is first opened and the year(s) where no contribution has been made. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Disclosure Document (RDD) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RDD before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RDD Investors should also consider the fees and charges involved. A copy of the PHS and the RDD can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 15 APRIL 2015 I FUNDamentals

16 Affin Hwang Select Asia (ex Japan) Quantum Fund (formerly known as Hwang Select Asia (ex Japan) Quantum Fund) A total return fund that seeks to capture the high growth of developing companies within the Asia (ex-japan) region. Equity Cumulative Return Over The Period (%) Fund Type 350 (2) Fund Growth SAQF MSCI AC Asia (ex-japan) Small Cap Index Year 3 Year 5 Year Inception Fund April 2004 / RM N/A 50 May 04 Jul 06 Sep 08 Nov 10 Jan 13 Mar 15 Calendar Year Year To Fund May 2004 to March 2015 NAV-NAV prices and assuming reinvestment of Financial Year End distributions into the Fund, gross investment based in RM. The value of Units may December go down as well as up. Past performance is not indicative of future performance. 300 Max 5.5% of the NAV per unit Top Holdings as at 31 March 2015* Income Distribution History Subscription Equities % Gross Distribution Yield Cash Del Monte Pacific Ltd 5.6% (sen) (%) BGF Retail Co Ltd 5.3% ifast Corp Ltd 4.5% % per annum Capitaretail China Trust 4.1% Religare Health Trust 3.6% Minimum Investment Allianz Malaysia Bhd 3.6% (1) Distribution Policy : Incidental RM1,000 Kolao Holdings IKang Healthcare Group Inc 3.4% 3.4% Minimum Subsequent Tune Ins Holdings Bhd 3.4% Investment Nirvana Asia Ltd 3.4% RM100 Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* Nil As at 31 March 2015 RM161.5 million RM Financials Consumer Services Consumer Goods Health Care Industrials 7.4% 4.5% 13.3% 26.0% 30.6% Malaysia Singapore Philippines Korea 10.8% 8.8% 19.0% 36.2% Overall rating** Oil & Gas Technology Utilities 3.3% 1.5% 1.1% China Indonesia 7.7% 5.2% 12.4% 12.4% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) The Fund is not expected to make distribution. However, incidental distribution may be declared whenever is appropriate. Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year. (2) From inception to 23 June 2006, the Kuala Lumpur Emas Index was used as benchmark until it was discontinued by the exchange as of 26 June The was replaced by the FTSE Bursa Malaysia Small-Cap Index from 26 June 2006 onwards. As of 4 February 2008, MSCI AC Asia ex-japan Small Cap Index was used as the as the Fund assumed its new mandate. Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 9.6 and is classified as High (source: Lipper). High includes Funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities CommissionMalaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 16 APRIL 2015 I FUNDamentals

17 Hwang Asean Flexi Fund A mixed asset fund that seeks to provide capital appreciation and regular income over the medium to long term period via investments in the ASEAN region. Mixed-asset 1 Month 1 Year 3 Year Fund Type Growth & Income "Not applicable as the Fund is less than one year" Inception 50% FTSE/ASEAN 40 Index (for equity investments) + 50% JACI Investment Grade Index (for fixed income investments) "Not applicable as the Fund is less than one year" 1 Year 3 Year 5 Year "Not applicable as the Fund is less than one year" Inception 8 September 2014 / RM0.50 N/A Calendar Year Year To Date "Not applicable as the Fund is less than one year" Financial Year End 30 November Top Holdings as at 31 March 2015* Income Distribution History Bonds Max 5.5% of the NAV per unit Issuer Coupon % (1) PTT Exploration & Prod 4.88% % Distribution Policy : Distribution of income, if any, would be on annual Subscription Marquee Land Ptd Ltd 9.75% % basis Cash Genting Singapore PLC 5.13% % SBB Capital Corp 6.62% % 1.8% per annum Equities % Del Monte Pacific Ltd 4.6% Minimum Investment Capitaland Limited 3.9% RM1,000 Air Asia Bhd 3.2% Religare Health Trust 3.1% Minimum Subsequent Metropolitan Bank & Trust Co 2.9% Investment RM100 Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* 1.0% of the NAV per Unit for any Financials 29.8% investment within the first 6 Malaysia 25.2% months. Consumer Services 16.6% Singapore 25.1% Bonds 11.5% Philippines 13.1% RM131.6 million Telecommunications 9.4% RM Consumer Goods Industrials 5.1% 8.7% Indonesia Thailand 5.7% 11.8% Health Care 1.9% Hong Kong 2.0% 17.1% 17.1% Credit Profile as at 31 March 2015* BBB^^ 67.0% BB^^ 7.8% Others 25.2% ^^Foreign bonds rated either by Standard & Poor's or Moody's The Credit Profile above are a percentage of the Fund's fixed income portion only. * The data provided above is that of the Fund and is a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation, Country Allocation and Credit Profile might not add up to 100% due to rounding. (1) The distribution is subject to availability of income, the Fund will distribute income on an annual basis after the end of the first financial year of the Fund. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Prospectus and Supplemental Prospectus dated 8 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 17 APRIL 2015 I FUNDamentals

18 Affin Hwang Select Asia (ex Japan) Opportunity Fund (formerly known as Hwang Select Asia (ex Japan) Opportunity Fund) An equity fund that provides exposure to prevailing opportunities and themes through investments within the Asian (ex Japan) region. Fund Category Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Equity Cumulative Return Over The Period (%) 190 Fund Type (1) Fund Growth MSCI AC Asia ex Japan Index 130 SAOF 1 Year 3 Year 5 Year Inception 110 Fund July 2006 / RM N/A Calendar Year Year To Aug 06 Apr 08 Jan 10 Sep 11 Jun 13 Mar 15 Financial Year End August 2006 to March 2015 NAV-NAV prices and assuming reinvestment of Fund January distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Max 5.5% of the NAV per unit Top Holdings as at 31 March 2015* Income Distribution History Subscription Equities % Gross Distribution Yield Cash Allianz Malaysia Bhd 4.4% (sen) (%) Tencent Holdings Ltd 4.2% AIA Group Ltd 3.4% 1.5% per annum Metropolitan Bank & Trust Co 2.9% Dah Sing Banking Group Ltd 2.7% (2) Distribution Policy : Incidental Minimum Investment BGF Retail Co Ltd 2.7% RM1,000 China Life Insurance Co Ltd 2.6% Westports Holdings Bhd 2.6% Minimum Subsequent Alibaba Group Holding Ltd 2.5% Investment Bank Of China Ltd 2.4% RM100 Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* Nil Financials 42.8% China Technology 14.6% Hong Kong 14.0% RM114.4 million Consumer Services 10.8% Malaysia 13.4% 24.7% RM Industrials Consumer Goods 9.4% 8.4% Singapore Indonesia 8.0% 7.7% Health Care 3.4% Taiwan 7.5% Utilities 2.2% Korea 7.3% Telecommunications 2.1% Thailand 6.0% 6.2% Others 5.3% 6.2% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. (1) As at 15 June 2012, the was replaced by the MSCI AC Asia Ex Japan Index. (2) The Fund is not expected to make distribution. However, incidental distribution may be declared whenever is appropriate. Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice 18 APRIL 2015 I FUNDamentals

19 Affin Hwang Select Opportunity Fund (formerly known as Hwang Select Opportunity Fund) An unconstrained equity fund, anchored by Malaysian stocks with an Asian focus that attempts to provide absolute returns across market cycles. Equity Cumulative Return Over The Period (%) 790 Fund Type Fund Growth SOF FTSE Bursa MalaysianTop 100 Index (FBM100) Year 3 Year 5 Year Inception 290 Fund September 2001 / RM Sep 01 Dec 03 Mar 06 Jun 08 Sep 10 Dec 12 Mar 15 N/A Calendar Year Year To September 2001 to March 2015 NAV-NAV prices and assuming reinvestment of Fund distributions into the Fund, gross investment based in RM. The value of Units may go Financial Year End down as well as up. Past performance is not indicative of future performance. 31 July Top Holdings as at 31 March 2015* Income Distribution History (past 10 years) Cash Sales Equities % Gross Distribution Yield Max 5.5% of the NAV per unit QL Resources Bhd 4.4% (sen) (%) EPF Sales Hong Leong Bank Bhd 4.3% Max 3.0% of the NAV per unit Air Asia Bhd 3.3% Malaysia Airports Holdings Bhd 3.2% Subscription Axiata Group Bhd 3.2% Cash / EPF BGF Retail Co Ltd 3.0% Tencent Holdings Ltd 2.9% Berjaya Food Bhd 2.7% % per annum Capitaland Ltd 2.5% Capitaretail China Trust 2.4% Minimum Investment RM1,000 (1) Distribution Policy : Distribution of income, if any, would be on annual basis Minimum Subsequent Investment Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* RM100 Financials 29.5% Malaysia Industrials 13.2% Nil China 8.4% Consumer Services 10.8% Consumer Goods 9.7% Singapore 7.1% RM748.4 million Telecommunications 4.2% Korea 5.3% Technology 4.0% Hong Kong 3.3% Oil & Gas 2.1% RM Indonesia 3.1% Health Care 1.5% Utilities 0.3% Philippines 2.5% 45.6% Overall rating** 24.7% 24.7% * The data provided above is that of the Fund and is a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 8.3 and is classified as High (source: Lipper). High includes Funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 19 APRIL 2015 I FUNDamentals

20 Affin Hwang Select Asia Pacific (ex Japan) REITs and Infrastructure Fund (formerly known as Hwang Asia Pacific (ex Japan) REITs and Infrastructure Fund) A mixed assets fund that aims to provide a combination of income and growth through investments in the REITs and infrastructure sector within the Asia Pacific (ex Japan) region. Mixed Assets Cumulative Return Over The Period (%) Fund Type (2) 150 Fund Income and Growth % MSCI All Country Asia ex 110 Japan Infrastructure Index + 25% 1 Year 3 Year 5 Year Inception Bloomberg Asia Real Estate 90 Fund Investment Trust Index SAPRIF April 2007 / RM0.50 May 07 Sep 08 Dec 09 Apr 11 Jul 12 Nov 13 Mar 15 Calendar Year Year To May 2007 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may Fund N/A go down as well as up. Past performance is not indicative of future performance Financial Year End 30 April Top Holdings as at 31 March 2015* Income Distribution History Equities Gross Distribution Yield Max 5.5% of the NAV per Unit Sunway REIT 5.8% (sen) (%) China Longyuan Power Group-H 4.8% Subscription Tenaga Nasional Bhd 4.6% Cash Mapletree Greater China 4.5% Capitaretail China Trust 4.1% SK Telekom Co Ltd 4.0% (1) Distribution Policy : Distribution of income, if any, would be on annual 1.8% per annum Metro Pacific Investment Corp 4.0% basis China Overseas Land & Invest 3.8% Minimum Investment IGB REIT 3.4% RM1,000 China Everbright Intl Ltd 3.4% Minimum Subsequent Investment Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* RM100 Financials 43.1% Malaysia China 16.2% Nil Industrials 22.3% Singapore 15.3% Telecommunications 8.7% Philippines 9.3% RM121.9 million Utilities 8.6% Indonesia 8.5% 22.3% RM Oil & Gas Technology 1.7% 5.2% Thailand Hong Kong Korea 7.1% 6.8% 4.0% 10.5% 10.5% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) As at 21 December 2014 the was replaced by the 75% MSCI AC Asia ex Japan Infrastructure Index and 25% Bloomberg Asia REIT Index. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 20 APRIL 2015 I FUNDamentals

21 Affin Hwang Select Asia Pacific (ex Japan) Dividend Fund An equity fund that seeks to provide regular income and capital growth over the medium to long-term period through investments in dividend yielding equities and future dividend leaders". Equity 1 Month 1 Year 3 Year Fund Type Growth & Income "Not applicable as the Fund is less than one year" Inception Dow Jones Asia / Pacific Select Dividend 30 Index "Not applicable as the Fund is less than one year" 1 Year 3 Year 5 Year Inception 8 December 2014 / RM0.50 "Not applicable as the Fund is less than one year" Calendar Year Year To N/A Financial Year End 31 August "Not applicable as the Fund is less than one year" Max 5.5% of the NAV per Unit Top Holdings as at 31 March 2015* Income Distribution History Equities Subscription HKBN Ltd 4.2% Cash Dah Sing Banking Group Ltd 4.0% BTS Group Holdings PCL 3.9% National Australia Bank Ltd 3.7% 1.85% per annum China Construction Bank Corp 3.5% Telekomunikasi Indonesia 3.1% Minimum Investment DBS Group Holdings Ltd 3.1% RM1,000 Westfield Corp 3.1% China Life Insurance Co Ltd 3.0% Minimum Subsequent QBE Insurance Group Ltd 2.9% Investment RM % of the NAV per Unit for any investment within the first 6 months. Distribution Policy : Distribution of income, if any, would be on semi-annual basis. Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* Financials Telecommunications Technology 11.5% 9.5% 46.9% Australia Singapore China 14.9% 14.4% 17.2% RM19.3 million Utilities Industrials Consumer Services 6.1% 4.1% 3.4% Hong Kong Thailand Philippines 8.0% 5.0% 13.5% RM Consumer Goods Oil & Gas Health Care 2.6% 1.9% 0.8% Taiwan Indonesia Others 4.6% 4.0% 5.2% 13.2% 13.2% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Prospectus dated 8 December 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectus before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectus. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectus can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 21 APRIL 2015 I FUNDamentals

22 Affin Hwang Select Dividend Fund (formerly known as Hwang Select Dividend Fund) An income driven, absolute return focused fund that aims for capital appreciation and semi annual income distribution through investments in high dividend yielding equities and future potential dividend generating equities. Equity Cumulative Return Over The Period (%) 180 Fund Type Fund Income & Growth SDF % FTSE Bursa Malaysia Top Index + 30% Dow Jones/Asia 1 Year 3 Year 5 Year Inception Pacific Select Dividend 30 Index 120 Fund N/A N/A March 2011 / RM Calendar Year Year To Apr 11 Apr 12 Mar 13 Mar 14 Mar 15 April 2011 to March 2015 NAV-NAV prices and assuming reinvestment of Fund N/A distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Financial Year End 30 September Top Holdings as at 31 March 2015* Income Distribution History Equities % Gross Distribution Yield Cash Sales Tenaga Nasional Bhd 7.6% (sen) (%) Max 5.5% of the NAV per Unit Allianz Malaysia Bhd 4.5% EPF Sales IJM Corporation Bhd 4.2% Max 3.0% of the NAV per Unit Axiata Group Bhd 4.0% Berjaya Auto Bhd 3.6% Subscription Hong Leong Financial Group Bhd 3.1% (1) Distribution Policy : Distribution of income, if any, would be on semiannual Cash / EPF Reach Energy Bhd 3.0% basis Westports Holdings Bhd 2.5% China Overseas Land & Invest 2.5% 1.5% per annum QL Resources Bhd 2.2% Minimum Investment RM1,000 Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* Minimum Subsequent Investment RM100 Nil RM239.3 million Financials Consumer Goods Industrials Utilities Telecommunications Consumer Services Technology Oil & Gas 11.0% 9.4% 9.1% 7.4% 4.6% 3.1% 3.0% 29.1% Malaysia China Thailand Indonesia Korea Philippines Singapore 12.9% 4.1% 4.0% 3.9% 3.6% 2.1% 45.7% RM Other 1.5% 21.9% Hong Kong 1.8% 21.9% Overall rating** * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 6.5 and is classified as Moderate (source: Lipper). Moderate includes Funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Prospectus dated 28 March 2015 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectus before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectus. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectus can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 22 APRIL 2015 I FUNDamentals

23 Affin Hwang Select Asia Pacific (ex Japan) Balanced Fund A balanced fund that seeks to provide growth and income opportunities through a diversified portfolio containing a mixture of equities and fixed income instruments within the Asia Pacific (ex Japan) region. Balanced Fund Type "Not applicable as the Fund is less than one year" Growth and Income 50% MSCI AC Asia Pacific ex Japan Index + 50% JACI Investment Grade Index 8 December 2014 / RM0.50 "Not applicable as the Fund is less than one year" 1 Year 3 Year 5 Year "Not applicable as the Fund is less than one year" Inception Calendar Year To N/A Year Financial Year End 30 April "Not applicable as the Fund is less than one year" Top Holdings as at 31 March 2015* Income Distribution History Max 5.5% of the NAV per Unit Bonds Issuer Coupon % Distribution Policy : Distribution of income, if any, would be on semiannual Subscription SM Investments Corp 5.50% % basis. Cash China Mengniu Dairy Co 3.50% % Ascott Residence Trust 5.00% % 1.85% per annum Minimum Investment Equities % RM1,000 Tenaga Nasional Bhd 2.4% Taiwan Semiconductor Manufacturing Co 2.1% Minimum Subsequent HKBN Ltd 1.8% Investment First Resources Ltd 1.7% RM100 Telekomunikasi Indonesia 1.7% 1.0% of the NAV per Unit for any investment within the first 6 months. Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* Bonds 44.7% Financials 15.0% RM5.0 million Technology Consumer Goods Industrials 8.0% 4.9% 3.9% Others 65.8% RM Consumer Services Utilities 3.7% 2.4% Portfolio Yield 3.4% Telecommunications Others 1.7% 1.9% BBB^^ 34.2% 13.8% Portfolio Duration Maturity 3.2 years Coupon Date (%) The Credit Profile above are a percentage of the Fund's fixed income portion only. ^^ Bonds rated either by Standard & Poor's or Moody * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Prospectus dated 8 December 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectus before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectus. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectus be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 23 APRIL 2015 I FUNDamentals

24 Affin Hwang Select Balanced Fund (formerly known as Hwang Select Balanced Fund) An absolute return focused fund that targets to provide a balance between high level of cash flow as well as growth, through a mixture of investments in Malaysian and foreign fixed income and equities. Balanced Cumulative Return Over The Period (%) 335 Fund Type Fund Growth and Income SBAF 50% FBM Top 100 Index + 50% Maybank 12-Month Fixed Deposit Rate 28 July 2003 / RM Year 3 Year 5 Year Inception Fund N/A 95 Aug 03 Jul 05 Jun 07 Jun 09 May 11 Apr 13 Mar 15 Calendar Year Year To August 2003 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into Fund the Fund, gross investment based in RM. The value of Units may go down as well as up. Past Financial Year End performance is not indicative of future performance June Top Holdings as at 31 March 2015* Income Distribution History (past 10 years) Cash Sales Bonds Gross Distribution Yield Max 5.5% of the NAV per Unit Issuer Coupon % (sen) (%) EPF Sales Public Finance Bhd 7.50% % Max 3.0% of the NAV per Unit Mah Sing Group Bhd 6.80% % WCT Holdings Bhd 2.50% % Subscription Edaran SWM S B 4.90% % Cash / EPF BGSM Management S B 7.10% % Equities % % per annum Tenaga Nasional Bhd 3.1% Axiata Group Bhd 2.7% Minimum Investment QL Resources Bhd 2.5% RM1,000 Genting Plantations Bhd 2.3% DBS Group Holdings Ltd 2.0% Minimum Subsequent Investment (1) Distribution Policy : Distribution of income, if any, would be on semiannual basis RM100 Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* Nil Bond Financials 12.9% 45.6% AA 58.1% RM414.4 million Consumer Goods Industrials Consumer Services 7.1% 5.4% RM Other Utilities 4.1% 3.1% Portfolio Yield 4.2% Telecommunications 2.7% Oil & Gas 2.2% Portfolio Duration Maturity 4.6% 3.4 years Coupon Date (%) 12.4% Others AAA BBB^^ P1 B^^ 15.2% 12.7% 9.5% 2.6% 2.0% The Credit Profile above are a percentage of the Fund's fixed income portion only. Overall rating** ^^ Bonds rated either by Standard & Poor's or Moody * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 5.3 and is classified as Low (source: Lipper). Low includes Funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 24 APRIL 2015 I FUNDamentals

25 Affin Hwang Select AUD Income Fund_AUD class (formerly known as Hwang AUD Income Fund_AUD class) An income driven, absolute return focused fund that targets to provide a high level of cash flow as well as growth, through mixture of investments in Australian fixed income and equities. [AUD Class - Represents a Class of Units denominated in Australian Dollars (AUD)] Mixed Assets Cumulative Return Over The Period (%) 150 Fund Type Fund Income & Growth 140 SAUDIF % Reserve Bank of Australia Average Rate of Term Deposits + 20% Dow Jones Australia Select Dividend 30 Index Year 3 Year 5 Year Fund N/A N/A March 2011 / AUD Calendar Year Year To Mar 11 Mar 12 Mar 13 Mar 14 Mar 15 March 2011 to March 2015 NAV-NAV prices and assuming reinvestment of distributions Fund N/A into the Fund, gross investment based in AUD. The value of Units may go down as well as up. Past performance is not indicative of future performance. Inception Financial Year End 31 August Top Holdings as at 31 March 2015* Income Distribution History Bonds Gross Distribution Yield Max 3.0% of the NAV per Unit Issuer Coupon % (cents) (%) Australian Government 3.94% % Subscription Crown Group Finance Ltd 4.50% % Cash Australian Government 4.75% % Lend Lease Finance Ltd 6.00% % ICICI Bank Ltd 6.13% % (3) Distribution Policy : Distribution of income, if any, would be on semiannual 1.5% per annum basis Equities % Minimum Investment (1) Goodman Group 1.6% AUD5,000 National Australia Bank Ltd 1.5% Orora Ltd 1.4% Minimum Subsequent CSL Ltd 1.3% Investment Telstra Corporation Ltd 1.3% AUD1,000 (2) Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* 1.0% of the NAV per Unit for any investment within the first 6 Bond 72.2% months. BBB Financials 8.9% 39.7% AUD157.5 million AUD Portfolio Yield 3.2% Portfolio Duration 4.6 years Industrials Health Care Basic Materials Telecommunications Oil & Gas Utilities Consumer Services 6.8% 2.4% 1.3% 1.3% 1.0% 1.0% 0.5% 4.7% A AA AAA 12.1% 16.4% 31.8% The Credit Profile above are a percentage of the Fund's fixed income portion only. * The data provided above are that of the Fund and are a percentage of NAV as a 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. (1) To invest in the AUD Class, investors are required to have a foreign currency accout (Australian Dollars)with any financial institutions as all transactions relating to the AUD Class will ONLY be made via telegraphic transfers. (2) Maximum of 1.00% of the NAV per Unit for any repurchase within the first 6 months from the date of investment by Unit Holders. The exercise of a cooling-off right is not considered a repurchase. The Cooling-off Period for a qualified investor is within 6 Business Days from the day the initial application for Units is received by the Manager. (3) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus (RP) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RP. Investors should also consider the fees and charges involved. A copy of the PHS and the RP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 25 APRIL 2015 I FUNDamentals

26 Affin Hwang Select AUD Income Fund_RM class (formerly known as Hwang AUD Income Fund_RM class) An income driven, absolute return focused fund that targets to provide a high level of cash flow as well as growth, through mixture of investments in Australian fixed income and equities. [RM Class - Represents a Class of Units denominated in Ringgit Malaysia (RM)] Mixed Assets Cumulative Return Over The Period (%) 145 Fund Type Fund SAUDIF Income & Growth % Reserve Bank of Australia Average Rate of Term Deposits Year 3 Year 5 Year Inception 20% Dow Jones Australia Select Fund N/A Dividend 30 Index N/A March 2010 / RM Calendar Year Year To Apr 10 Apr 11 Mar 12 Mar 13 Mar 14 Mar 15 April 2010 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into Fund N/A the Fund, gross investment based in RM. The value of Units may go down as well as up Financial Year End 31 August Top Holdings as at 31 March 2015* Income Distribution History Bonds Gross Distribution Yield Issuer Coupon % (sen) (%) Max 3.0% of the NAV per Unit Australian Government 3.94% % Crown Group Finance Ltd 4.50% % Subscription Australian Government 4.75% % Cash Lend Lease Finance Ltd 6.00% % ICICI Bank Ltd 6.13% % % per annum Equities % (2) Distribution Policy : Distribution of income, if any, would be on semiannual basis Goodman Group 1.6% Minimum Investment National Australia Bank Ltd 1.5% RM1,000 Orora Ltd 1.4% CSL Ltd 1.3% Minimum Subsequent Telstra Corporation Ltd 1.3% Investment RM100 Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* (1) 1.0% of the NAV per Unit for any Bond 72.2% investment within the first 6 Financials 8.9% BBB 39.7% months. Industrials 6.8% RM49.2 million RM Portfolio Yield 3.2% Past performance is not indicative of future performance. Health Care Basic Materials Telecommunications Oil & Gas Utilities Consumer Services 2.4% 1.3% 1.3% 1.0% 1.0% 0.5% 4.7% Portfolio Duration 4.6 years The Credit Profile above are a percentage of the Fund's fixed income portion only. A AA AAA 12.1% 16.4% 31.8% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. (1) Maximum of 1.00% of the NAV per unit redeemed within the first 6 months from the date of investment by Unit Holders. The exercise of a cooling-off right is not considered a redemption. The Cooling-off Period for a qualified investor is within 6 Business Days from the day the initial application for Units is received by the Manager. (2) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 7.5 and is classified as Moderate (source : Lipper). Moderate includes funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus (RP) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RP. Investors should also consider the fees and charges involved. A copy of the PHS and the RP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 26 APRIL 2015 I FUNDamentals

27 Affin Hwang Select SGD Income Fund_RM class (formerly known as Hwang SGD Income Fund_RM class) An income driven, absolute return focused fund that endeavours to provide steady income distribution through investments primarily in SGD-denominated assets. [RM Class - Represents a Class of Units denominated in Ringgit Malaysia (RM)] Mixed Assets Cumulative Return Over The Period (%) 125 Fund Type Fund N/A 22.0 Income 120 SSGDIF N/A % 12-Month Singapore Banks 110 Average FD rate + 30% 1 Year 3 Year 5 Year Inception 105 Singapore's FTSE Straits Times Fund 9.7 N/A N/A 7.9 Index N/A N/A August 2012/ RM Year Year To Aug 12 Jan 13 Jun 13 Nov 13 May 14 Oct 14 Mar 15 August 2012 to March 2015 NAV-NAV prices and assuming reinvestment of distributions Fund N/A into the Fund, gross investment based in RM. The value of Units may go down as well as up Financial Year End 31 March Top Holdings as at 31 March 2015* Income Distribution History Bonds Gross Distribution Yield Issuer Coupon % (sen) (%) Max 3.0% of the NAV per unit Genting Singapore PLC 5.13% % Oversea-Chinese Bk Corp 3.15% % Subscription United Overseas Bank Ltd 3.15% % Cash ABN Amro bank 4.70% % (2) Distribution Policy : Distribution of income, if any, would be on semiannual Danga Capital Bhd 3.73% % basis 1.5% per annum Equities % Capitaland Ltd 3.7% Minimum Investment Singapore Telecom Ltd 3.4% RM1,000 Capitaretail China Trust 3.1% ifast Corp Ltd 2.7% Minimum Subsequent Dairy Farm International Hldgs 2.5% Investment RM100 Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* (1) 1.0% of the NAV per Unit for the Bonds 60.4% Others^^ 46.6% first 6 months from the date of investment. Financials 18.8% BBB 24.5% RM265.9 million RM Portfolio Yield 3.7% Past performance is not indicative of future performance. Consumer Goods Consumer Services Telecommunications Industrials 5.7% 5.2% 3.4% 2.1% 4.4% AA A AAA P1 3.2% 1.2% 9.0% 15.6% Portfolio Duration 4.0 years The Credit Profile above are a percentage of the Fund's fixed income portion only. ^^ A large portion of the SGD-denominated bond universe does not have credit rating. * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. (1) Maximum of 1.00% of the NAV per unit for any repurchase request of Units within the first 6 months from the date of investment by Unit Holders. The exercise of a cooling-off right is not considered a redemption. (2) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus (RP) dated 22 September has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RP. Investors should also consider the fees and charges involved. A copy of the PHS and the RP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 27 APRIL 2015 I FUNDamentals

28 Affin Hwang Select SGD Income Fund_SGD class (formerly known as Hwang SGD Income Fund_SGD class) An income driven, absolute return focused fund that endeavours to provide steady income distribution through investments primarily in SGD-denominated assets. [SGD Class - Represents a Class of Units denominated in Singapore Dollar (SGD)] Mixed Assets Cumulative Return Over The Period (%) 130 Fund Type Fund N/A 13.3 Income N/A SSGDIF 70% 12-Month Singapore Banks 110 Average FD rate + 30% 1 Year 3 Year 5 Year Inception Singapore's FTSE Straits Times Fund 5.5 N/A N/A N/A N/A August 2012/ SGD Aug 12 Jan 13 Jun 13 Nov 13 May 14 Oct 14 Mar 15 Year Year To August 2012 to March 2015 NAV-NAV prices and assuming reinvestment of distributions N/A into the Fund, gross investment based in SGD. The value of Units may go down as well as Fund up. Past performance is not indicative of future performance Financial Year End 31 March Top Holdings as at 31 March 2015* Income Distribution History Bonds Gross Distribution Yield Max 3.0% of NAV per Unit Issuer Coupon % (cents) (%) Genting Singapore PLC 5.13% % Subscription Oversea-Chinese Bk Corp 3.15% % Cash United Overseas Bank Ltd 3.15% % ABN Amro bank 4.70% % (3) Distribution Policy : Distribution of income, if any, would be on semiannual Danga Capital Bhd 3.73% % basis 1.5% per annum Equities % Minimum Investment (1) Capitaland Ltd 3.7% SGD5,000 Singapore Telecom Ltd 3.4% Capitaretail China Trust 3.1% Minimum Subsequent ifast Corp Ltd 2.7% Investment Dairy Farm International Hldgs 2.5% SGD1,000 (2) 1.0% of the NAV per Unit for any investment within the first 6 months. SGD112.9 million SGD Portfolio Yield 3.7% Portfolio Duration 4.0 years Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* Bonds 60.4% Others^^ 46.6% Financials 18.8% BBB 24.5% Consumer Goods 5.7% AA 15.6% Consumer Services 5.2% A 9.0% Telecommunications 3.4% AAA 3.2% Industrials 2.1% P1 1.2% 4.4% The Credit Profile above are a percentage of the Fund's fixed income portion only. ^^ A large portion of the SGD-denominated bond universe does not have credit rating. * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. (1) Investors are required to have a foreign currency account (Singapore Dollars) with any financial institutions as all transactions relating to the SGD Class will ONLY be made via telegraphic transfers. (2) Maximum of 1.00% of the NAV per unit for any repurchase request of Units within the first 6 months from the date of investment by Unit Holders. The exercise of a cooling-off right is not considered a redemption. (3) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus(RP) dated 22 September has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RP. Investors should also consider the fees and charges involved. A copy of the PHS and the RP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 28 APRIL 2015 I FUNDamentals

29 Affin Hwang Select Income Fund (formerly known as Hwang Select Income Fund) An income driven, absolute return focused fund that targets to provide a high level of cash flow as well as growth, through mixture of investments in fixed income and equities globally with an Asian focus. Fund Category Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Fixed Income Cumulative Return Over The Period (%) Month 1 Year 3 Year Inception Fund Type (2) Fund Income and Growth SIF 70% JP Morgan Asia Credit Investment Grade Index + 30% Year 3 Year 5 Year Inception Dow Jones/Asia Pacific Select 135 Fund Dividend 30 Index Jan 05 Jul 06 Dec 07 Jun 09 Nov 10 Apr 12 Oct 13 Mar 15 6 January 2005 / RM0.50 Calendar Year Year To January 2005 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past Fund N/A performance is not indicative of future performance Financial Year End 31 December Top Holdings as at 31 March 2015* Income Distribution History (past 10 years) Bonds Gross Distribution Yield Issuer Coupon % (sen) (%) Max 3.0% of the NAV per unit Genting Singapore PLC 5.13% % Sompo Japan Ins Inc 5.33% % Subscription SBB Capital Corp 6.62% % Cash LS Finance Ltd 4.25% % Malayan Banking Bhd 3.25% % % per annum Equities % AIA Group Ltd 1.6% Minimum Investment Allianz Malaysia Bhd 1.5% RM1,000 Tenaga Nasional Bhd 1.3% (1) China Overseas Land & Invest 1.0% Distribution Policy : Distribution of income, if any, would be on quarterly Minimum Subsequent IKang Healthcare Group Inc 1.0% basis Investment RM100 Sector Allocation as at 31 March 2015* Currency Exposure as at 31 March 2015* Nil Bond 70.3% 15.4% Malaysia Ringgit 56.4% As at 31 March 2015 Financials 13.0% Consumer Goods 3.9% US Dollar 45.7% 21.1% RM1,104.0 million Industrials 2.4% 12.1% Singapore Dollar Utilities 2.2% 0.0% RM Telecommunications 1.7% 9.2% Hong Kong Dollar 8.5% Portfolio Yield Health Care 1.6% 4.4% Technology 1.4% 3.8% Indonesia Rupiah 3.6% Portfolio Duration Consumer Services 0.8% 3.1 years 13.8% 2.7% Others 10.4% Before Hedging After Hedging Overall rating** * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Currency Exposure might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) As at 18 July 2013, the was replaced by 70% JP Morgan Asia Credit Investment Grade Index and 30% Dow Jones/Asia Pacific Select Dividend 30 Index. Based on the Fund's portfolio returns as at 28 February 2015, thevolatility Factor (VF) for this Fund is 3.4 and is classified as Low (source : Lipper). Low includes funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Berhad (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 29 APRIL 2015 I FUNDamentals

30 Affin Hwang Select Bond Fund_RM class (formerly known as Hwang Select Bond Fund_RM class) A global bond fund with Asian focus that seeks to provide a general level of income distribution and total returns from MYR perspective. [RM Class - Represents a Class of Units denominated in Ringgit Malaysia (RM)] Bond Cumulative Return Over The Period (%) Fund Type 195 (2) Fund Income JP Morgan Asia Credit Investment Grade Index 28 July 2003 / RM SBOF 1 Year 3 Year 5 Year Inception Fund Aug 03 Jul 05 Jun 07 May 09 May 11 Apr 13 Mar 15 Calendar Year Year To N/A August 2003 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past Fund performance is not indicative of future performance. Financial Year End June Top Holdings as at 31 March 2015* Income Distribution History (past 10 years) Max 2.0% of the NAV per unit Bonds Gross Distribution Yield Issuer Coupon % (sen) (%) Subscription Standard Chartered PLC 0.00% % Cash Malayan Banking Bhd 3.25% % PTT Exploration & Prod 4.88% % Royal Capital B.V. 6.25% % % per annum Travellers Int Htl Gp Inc 5.75% % Pertamina PT 6.50% % Minimum Investment Singapore Gov Bond 2.75% % RM1,000 Shimao Property Hldgs Ltd 8.13% % Theta Capital Pte Ltd 6.13% % Minimum Subsequent Mah Sing Group Bhd 6.80% % Investment RM100 (1) Distribution Policy : Distribution of income, if any, would be on quarterly basis Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* Nil Banks 24.5% BBB^^ 30.3% Real Estate 19.3% BB^^ 21.4% Others Consumer Services 17.4% 16.8% A^^ 6.4% Oil & Gas 10.6% RM505.6 million AA^^ 5.4% Government 8.2% AAA^^ 5.2% Industrials 5.7% RM AA 5.1% Utilities 5.7% AAA 2.4% Portfolio Yield Financial Services 1.7% B^^ 2.0% 4.8% Others 3.0% Cash 4.5% Portfolio Duration 4.5% 4.1 years ^^Foreign bonds rated either by Standard & Poor's or Moody's Currency Exposure as at 31 March 2015* Before After Hedging Hedging Overall rating** Malaysia Ringgit 16.8% 73.1% US Dollar 58.9% 22.7% Australian Dollar 8.7% 0.1% Singapore Dollar 6.3% 0.1% Others 9.3% 4.0% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation, Credit Profile and Currency Exposure might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year (2) As at 18 July 2013, the was replaced by the JP Morgan Asia Credit Investment Grade Index. Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 2.4 and is classified as Low (source : Lipper). Low includes funds with VF that are above but not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 30 APRIL 2015 I FUNDamentals

31 Affin Hwang Select Bond Fund_USD Hedged class (formerly known as Hwang Select Bond Fund_USD Hedged class) A global bond fund with Asian focus that seeks to provide a general level of income distribution and total returns from USD perspective. [USD Hedged-class - Represents a Class of Units denominated in US Dollar (USD)] Fund Category Performance Record as at 31 March 2015* Performance Record as at 31 March 2015* Bond Cumulative Return Over The Period (%) 145 Fund Type Fund N/A 4.4 Income N/A JP Morgan Asia Credit Investment Grade Index 1 Year 3 Year 5 Year Inception Fund 5.4 N/A N/A N/A N/A July 2013 / USD0.50 SBOF N/A 85 Jul 13 Oct 13 Feb 14 May 14 Aug 14 Nov 14 Mar 15 Calendar Year Year To July 2013 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into Fund Financial Year End the Fund, gross investment based in USD. The value of Units may go down as well as up. Past performance is not indicative of future performance June Top Holdings as at 31 March 2015* Income Distribution History Max 2.0% of the NAV per Unit Bonds Gross Distribution Yield Issuer Coupon % (cents) (%) Subscription Standard Chartered PLC 0.00% % Cash Malayan Banking Bhd 3.25% % PTT Exploration & Prod 4.88% % (2) Distribution Policy : Distribution of income, if any, would be on quarterly Royal Capital B.V. 6.25% % basis 1.0% per annum Travellers Int Htl Gp Inc 5.75% % Pertamina PT 6.50% % Minimum Investment (1) Singapore Gov Bond 2.75% % USD5,000 Shimao Property Hldgs Ltd 8.13% % Theta Capital Pte Ltd 6.13% % Minimum Subsequent Mah Sing Group Bhd 6.80% % Investment USD1,000 Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* Nil Banks Real Estate 19.3% 24.5% BBB^^ BB^^ 21.4% 30.3% USD1.6 million USD Portfolio Yield 4.8% Portfolio Duration 4.1 years Consumer Services Oil & Gas Government Industrials Utilities Financial Services Others 1.7% 3.0% 5.7% 5.7% 4.5% 8.2% 10.6% 16.8% Others A^^ AA^^ AAA^^ AA AAA B^^ Cash 6.4% 5.4% 5.2% 5.1% 2.4% 2.0% 4.5% 17.4% Currency Exposure as at 31 March 2015* Before Hedging After Hedging Malaysia Ringgit 16.8% 73.1% US Dollar 58.9% 22.7% Australian Dollar 8.7% 0.1% Singapore Dollar 6.3% 0.1% Others 9.3% 4.0% ^^Foreign bonds rated either by Standard & Poor's or Moody's * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation, Credit Profile and Currency Exposure might not add up tp 100% due to rounding. (1) Investors are required to have a foreign currency account (US Dollars) with any financial institutions as all transactions relating to the USD class will ONLY be made via telegraphic transfers. (2) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 and Supplemental Master Prospectus dated 21 November 2014 have been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectuses before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectuses. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectuses can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 31 APRIL 2015 I FUNDamentals

32 Affin Hwang Enhanced Deposit Fund (formerly known as Hwang Enhanced Deposit Fund) A money market fund that targets to provide enhanced yield over deposit rates while providing a high level of liquidity. Money Market Cumulative Return Over The Period (%) 145 Fund Type Fund Income AHEDF Maybank Overnight Repo Rate Year 3 Year 5 Year Inception 115 Fund April 2005 / RM N/A 95 Calendar Year Year To Apr 05 Dec 06 Aug 08 Apr 10 Dec 11 Jul 13 Mar 15 Financial Year End April 2005 to March 2015 NAV-NAV prices and assuming reinvestment of Fund April distributions into the Fund, gross investment based in RM. The value of Units Nil may go down as well as up. Past performance is not indicative of future performance. Credit Profile as at 31 March 2015* Income Distribution History Subscription Gross Distribution Yield Cash / EPF (sen) (%) AA 17.2% % per annum P1 12.5% Minimum Investment RM10,000 AAA 3.4% Minimum Subsequent Investment Cash 66.9% RM10, Nil Maturity Profile as at 31 March 2015* (1) Distribution Policy : Distribution of income, if any, would be on monthly basis At as 31 March 2015* RM146.9 million 0-3 months 41.1% RM months 31.5% Portfolio Yield 4.1% Portfolio Duration 136 days 6-9 months months 7.6% 19.8% * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Credit Profile and Maturity Profile might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 0.1 and is classified as Very Low (source : Lipper). Very Low includes funds with VF that are not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RMP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RMP. Investors should also consider the fees and charges involved. A copy of the PHS and RMP the can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 32 APRIL 2015 I FUNDamentals

33 Affin Hwang Aiiman Growth Fund (formerly known as Hwang AIIMAN Growth Fund) A total return fund that aims for capital appreciation through investment in Shariah-compliant Malaysian equities. Equity Cumulative Return Over The Period (%) Fund Type 590 Fund Growth AGF FBM Emas Shariah Index Year 3 Year 5 Year Inception 290 Fund October 2002 / RM N/A Oct 02 Nov 04 Nov 06 Dec 08 Jan 11 Feb 13 Mar 15 Calendar Year Year To Financial Year End 31 August October 2002 to March 2015 NAV-NAV prices and assuming reinvestment of Fund distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance Cash Sales Max 6.5% of the NAV per Unit sales by IUTA (1) Top Holdings as at 31 March 2015* Income Distribution History (past 10 years) Max 5.5% of the NAV per Unit Equities % Gross Distribution Yield for sales by IDC & UTC (1) Tenaga Nasional Bhd 7.5% (sen) (%) EPF Sales IJM Corporation Bhd 4.5% Max 3.0% of the NAV per Unit Axiata Group Bhd 4.0% Genting Plantations Bhd 4.0% Subscription Syarikat Takaful Malaysia 3.7% Cash / EPF Telekom Malaysia Bhd 3.6% QL Resources Bhd 3.5% Sime Darby Bhd 3.0% % per annum Digi.com Bhd 3.0% MISC Bhd 2.7% Minimum Investment RM1,000 (2) Distribution Policy : Distribution of income, if any, would be on annual basis Minimum Subsequent Investment RM100 Nil Sector Allocation as at 31 March 2015* Industrials 18.7% Financials^ 13.7% Telecommunications 10.6% RM482.9 million RM Consumer Goods Utilities Technology Consumer Services Oil & Gas Health Care 10.3% 7.5% 6.2% 3.7% 2.4% 1.8% Overall rating** 24.9% ^Shariah-compliant Financials which is inclusive of Property and REITs. * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) The maximum sales charge of 6.5% may be imposed by Institutional Unit Trust Agents (IUTA) and 5.5% by Internal Distribution Channel of the Management Company (IDC) and Unit Trust Consultants (UTC). (2) Where distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 10.4 and is classified as Very High (source: Lipper). Very High includes Funds with VF that are above n The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be anoffer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RMP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RMP. Investors should also consider the fees and charges involved. A copy of the PHS and the RMP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 33 APRIL 2015 I FUNDamentals

34 Affin Hwang Aiiman Select Income Fund (formerly known as Hwang AIIMAN Select Income Fund) An income and absolute return focused fund that aims to provide regular income stream through investment in sukuk and Shariah-compliant equities. Mixed Assets Cumulative Return Over The Period (%) 120 Fund Type Fund N/A 12.4 Income ASIF N/A % 12-month Maybank General Investment Account + 30% FTSE Bursa Malaysia Emas Shariah Index 1 Year 3 Year 5 Year Inception Fund 3.6 N/A N/A N/A N/A 4.8 Mar 13 Jul 13 Nov 13 Mar 14 Jul 14 Nov 14 Mar 15 Calendar Year Year To 1 March 2013 / RM0.50 March 2013 to March 2015 NAV-NAV prices and assuming reinvestment of distributions Fund into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance N/A Financial Year End 31 March Top Holdings as at 31 March 2015* Income Distribution History Sukuk Gross Distribution Yield Issuer Coupon % (sen) (%) Max 3.0% of the NAV per Unit Al-'Aqar Capital Sdn Bhd 4.35% % Gamuda Bhd 4.21% % Subscription GULF Investment Corp 5.10% % Cash GULF Investment Corp 5.25% % First Resources Ltd 4.45% % 1.2% per annum Equities % Tenaga Nasional Bhd 2.4% Minimum Investment Axiata Group Bhd 2.3% RM1,000 Telekomunikasi Indonesia 1.9% Digi.com Bhd 1.7% Minimum Subsequent WCT Holdings Bhd 1.4% Investment RM100 Nil RM139.3 million RM Portfolio Yield 4.2% Portfolio Duration 3.3 years (1) Distribution Policy : Distribution of income, if any, would be on semiannual basis Sector Allocation as at 31 March 2015* Currency Exposure as at 31 March 2015* Sukuk Telecommunications Industrials Consumer Goods Technology Financials Utilities Oil & Gas Consumer Services 5.5% 4.4% 4.2% 2.4% 0.6% 0.5% 6.3% 3.3% 9.5% 63.2% Ringgit Malaysia Singapore Dollar Indonesia Rupiah New Taiwan Dollar Korean Won Hong Kong Dollar Philippine Peso US Dollar 4.0% 2.1% 1.2% 0.6% 0.5% 0.1% 7.7% 83.8% Currency Exposure for the Fund is shown after reflecting currency forward contracts * The data provided above is that of the Fund and is a percentage of NAV 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Currency Exposure might not add up to 100% due to rounding. (1) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Prospectus dated 1 March 2015 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectus before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the Prospectus. Investors should also consider the fees and charges involved. A copy of the PHS and the Prospectus can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 34 APRIL 2015 I FUNDamentals

35 Affin Hwang Aiiman Income Plus Fund (formerly known as Hwang AIIMAN Income Plus Fund) A local sukuk fund that looks to provide total returns over the medium to long term as well as a regular income distributions. Bond Cumulative Return Over The Period (%) 200 Fund Type Fund (1) AIPF Income month Maybank General 155 Investment Account (GIA) rate Year 3 Year 5 Year Inception Fund June 2004 / RM Jul 04 Mar 07 Nov 09 Jul 12 Mar 15 Calendar Year Year To N/A July 2004 to March 2015 NAV-NAV prices and assuming reinvestment of distributions Fund Financial Year End into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance August Cash Sales Top Holdings as at 31 March 2015* Income Distribution History Max 2.0% of the NAV per Unit Sukuk Gross Distribution Yield EPF Sales Issuer Coupon % (sen) (%) Max 2.0% of the NAV per Unit GII 4.19% % Edaran SWM S B 5.00% % Subscription Al-'Aqar Capital S B 4.35% % Cash / EPF Kesas S B 4.47% % Axis REIT Sukuk Bhd 4.50% % BGSM Management S B 4.90% % % per annum GULF Investment Corp 5.25% % Tanjung Bin Power S B 4.66% % Minimum Investment BGSM Management S B 7.10% % RM1,000 First Resources Ltd 4.45% % Distribution Policy : Distribution of income, if any, would be on quarterly Minimum Subsequent basis Investment RM100 Sector Allocation as at 31 March 2015* Credit Profile as at 31 March 2015* (2) Nil Industrials Utilities 20.4% 34.5% AA 70.5% RM257.1 million RM Portfolio Yield 4.5% Portfolio Duration 4.6 years Real Estate Financial Services Government Consumer Goods Telecommunications Oil & Gas Banks 12.7% 11.3% 8.5% 5.1% 1.9% 1.4% 0.8% 3.4% AAA SOV Cash 3.4% 8.5% 17.6% Overall rating** * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation and Credit Profile might not add up to 100% due to rounding. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) As at 15 April 2010, the was replaced by the 12-month Maybank General Investment Account (GIA) rate as the Fund assumed its new mandate. (2) Where a distribution is declared, investors are advised that following the issue of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/nav at the start of the calendar year. Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 1.0 and is classified as Very Low (source: Lipper). Very Low includes Funds with VF that are not more than The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Master Prospectus (RMP) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RMP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RMP. Investors should also consider the fees and charges involved. A copy of the PHS and the RMP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 35 APRIL 2015 I FUNDamentals

36 Affin Hwang Japan Growth Fund (formerly known as Hwang Select Japan Quantum Fund) An equity fund that provides exposure into Japanese economy by investing in under valued Japanese companies with growth potential. Equity Cumulative Return Over The Period (%) Fund Type 140 Fund (%) N/A 27.9 Growth (%) N/A SJQF TOPIX (Tokyo Stock Price Index) 120 Return Index 1 Year 3 Year 5 Year Inception 110 Fund (%) 24.6 N/A N/A 27.3 External Fund Manager (%) 27.8 N/A N/A 31.4 Nikko Asset Management Co. Ltd Mar 14 May 14 Jul 14 Sep 14 Nov 14 Jan 15 Mar 15 March 2014 to March 2015 NAV-NAV prices and assuming reinvestment of Calendar Year Year To 3 March 2014 / RM0.50 distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Fund (%) (%) N/A Financial Year End Last day of February Top 10 Holdings as at 31 March 2015* Sector Allocation as at 31 March 2015* Max 5.5% of the NAV per Unit Equities % Toyota Motor Corp 5.7% Mitsubishi UFJ Fin Group Inc 2.5% ESPEC Corp 1.8% Subscription Mazda Motor Corp 1.7% Cash Sac'S Bar Holdings Inc 1.6% Senshu Electric Co Ltd 1.5% Sumitomo Mitsui Financial Gp 1.4% 1.8% per annum Iriso Electronics Co Ltd 1.4% Honda Motor Co Ltd 1.4% Minimum Investment Riken Keiki Co Ltd 1.3% RM1,000 Minimum Subsequent Investment RM100 Industrials Consumer Goods Financials Basic Materials Consumer Services Technology Utilities Telecommunications Others 2.0% 1.4% 1.5% 5.6% 3.9% 6.5% 10.8% 18.0% 16.4% 34.0% 1.0% of the NAV per Unit within the first 6 months from the date of investment Income Distribution (1) Incidental RM142.1 million RM * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector Allocation might not add up to 100% due to rounding. (1) The Fund is not expected to make distribution. However, incedental distribution may be declared whenever is appropriate. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer or invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus (RP) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RP before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RP. Investors should also consider the fees and charges involved. A copy of the PHS and the RP can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 36 APRIL 2015 I FUNDamentals

37 Affin Hwang China Growth Fund (formerly known as Hwang China Select Fund) A feeder fund that provides exposure into the Chinese economy through investments into companies which derive their profits from mainland China by investing into companies on official stocks markets in Hong Kong, China (A-Share and B-Share markets), United States, Taiwan, Singapore and other countries. Feeder Fund (Wholesale) Cumulative Return Over The Period (%) 190 Fund Type Fund Growth Target Fund Manager Citigroup First Investment 145 AHCGF Management Limited Year 3 Year 5 Year Inception Target Fund Sub-Manager Fund N/A 16.1 China Asset Management (Hong N/A 10.9 Kong) Limited 85 Target Fund China Select Fund 70 Jul 11 Jun 12 May 13 Apr 14 Mar 15 Calendar Year Year To July 2011 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into Fund the Fund, gross investment based in RM. The value of Units may go down as well as up. 80% MSCI China Index + 20% Past performance is not indicative of future performance China Securities Index July 2011 / RM0.50 Target Fund Top Holdings as at 28 February 2015# Asset Allocation as at 28 February 2015** Equities China Select Fund 98.8% Tencent Holdings Ltd 6.2% 1.2% N/A Bank Of China Ltd 5.2% China Life Insurance Co Ltd 5.1% Financial Year End Bank Of Communications Co Ltd 4.5% 31 December Petrochina Co Ltd 3.3% **The data provided above are that of the Fund and are a percentage of NAV as at 28 February Max 5.5% of the NAV per Unit Subscription Cash 1.8% per annum Target Fund Sector Allocation as at 28 February 2015# Target Fund Country Allocation as at 28 February 2015# Financial 32.6% Information Technology 15.2% Hong Kong H-Share 62.1% Industrials 14.9% Minimum Investment RM30,000 Others Health Care 6.2% 6.1% China A-Share 31.3% Minimum Subsequent Investment RM10,000 Nil Income Distribution N/A (1) Utilities Consumer Staples Consumer Discretionary Energy 6.0% 5.5% 5.3% 4.7% 3.5% Others 3.1% 3.5% RM48.6 million RM Overall Morningstar Rating of Target Fund** #The data provided above are that of the Fund by Citigroup First Investment Management Ltd (CFIM) and is a percentage of NAV of the Target Fund as at 28 February 2015 as the data is provided by the Target Fund Manager after Affin Hwang Asset Management Bhd publication cut-off date. Please note that asset exposure for the Target Fund is subject to frequent changes on a daily basis. * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Asset Allocation, Target Fund Sector Allocation and Target Fund Country Allocation might not add up to 100% due to rounding. **Overall rating as at 28 February 2015 in the Greater China Category and this rating reflects only the rating of the China Select Fund and it does not represent the rating of Affin Hwang China Growth Fund which is unrated by Morningstar. The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk which shows how similar investment compare with their competitors. A high rating alone is insufficient basis for an investment decision. (1) The Fund is not expected to make distribution. Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 13.3 and is classified as Very High (source: Lipper). Very High includes Funds with VF that are above The (VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Infomation Memorandum (RIM) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RIM before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RIM. Investors should also consider the fees and charges involved. A copy of the PHS and the RIM can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 37 APRIL 2015 I FUNDamentals

38 Affin Hwang Global Commodity Fund (formerly known as Hwang Global Commodity Fund) A feeder fund that targets to capture the growth of global commodity markets through investment in commodity related instruments. Feeder Fund (Wholesale) Cumulative Return Over The Period (%) 170 Fund Type Fund Growth Average of 4 commodity indices 1.Rogers Int Commodity Index Year 3 Year 5 Year Inception 2.S&P GSCI Index 90 Fund Dow-Jones AIG Commodity Index Reuters/Jefferies-CRB Index 70 AHGCF Target Fund Manager 50 Calendar Year Year To Schroder Investment Management Limited 20 August 2007 / RM0.50 Index Performance (%) Sep 07 Dec 08 Mar 10 Jun 11 Sep 12 Dec 13 Mar 15 September 2007 to March 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Fund Target Fund Top Holdings as at 28 February 2015# Target Fund Sector Allocation as at 28 February 2015# N/A Security Exposure % WTI Crude 25.9% Financial Year End Gold 10.0% Energy 49.6% 30 April Natural Gas 9.2% Sugar 5.4% Gasoline 4.4% Max 5.5% of the NAV per Unit Agriculture 26.2% Subscription Asset Allocation as at 28 February 2015# Cash Schroder Alternative Solutions Commodity 96.9% 3.1% Up to 1.8% per annum The data provided above are that of the Fund and are a percentage of NAV as at 28 February Metals 2.4% 21.8% Minimum Investment Closed for purchase 1.0% of the NAV per Unit redeemed within the first 6 months from the date of investment. No Charge during the cooling-off period Income Distribution (1) N/A RM7.8 million RM *The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Target Fund Sector Allocation and Asset Allocation might not add up to 100% due to rounding. #The data provided above are that of Schroder Alternative Solutions Commodity Fund (Target Fund) and are a percentage of NAV of the Target Fund as at 28 February 2015 as the data is provided by the Target Fund Manager after Affin Hwang Asset Management Bhd publication cut-off date. Please note that asset exposure for the Target Fund is subject to frequent changes on a daily basis. (1) The Fund is not expected to make distribution. Based on the Fund's portfolio returns as at 28 February 2015, thevolatility Factor (VF) for this Fund is 13.9 and is classified as Very High (source : Lipper). Very High includes funds with VF that are above The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Information Memorandum (RIM) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RIM before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RIM. Investors should also consider the fees and charges involved. A copy of the PHS and the RIM can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 38 APRIL 2015 I FUNDamentals

39 Affin Hwang Absolute Return Fund II (formerly known as Hwang Absolute Return Fund II) A thematically driven and unconstrained mixed asset fund that seeks to provide total returns through investments globally, across all sectors and asset classes. Fund Category Performance Record as at 31 March 2015* Performance Table as at 31 March 2015* Mixed Assets Cumulative Return Over The Period (%) 215 Fund Type AHARFII Fund Growth MSCI World Absolute return of 8% per annum Year 3 Year 5 Year Inception 18 December 2007 / RM Fund MSCI World N/A 40 Jan 08 Mar 09 Jun 10 Aug 11 Nov 12 Jan 14 Mar 15 Calendar Year Year To Financial Year End 31 May January 2008 to March 2015 NAV-NAV prices and assuming reinvestment of Fund distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Max 2.0% of the NAV per Unit Sector Allocation as at 31 March 2015* Country Allocation as at 31 March 2015* Subscription Cash Financials 37.7% China 24.8% 1.0% per annum Performance Fee 20.0% of the increase in the NAV per unit over and above the hurdle value (1) Consumer Goods Technology Consumer Services Industrials Utilities Health Care 4.6% 3.9% 9.2% 7.6% 13.3% 11.6% Malaysia Hong Kong Indonesia Philippines Thailand Singapore 6.5% 5.4% 9.2% 12.1% 10.1% 20.6% Minimum Investment RM30,000 Telecommunications Oil & Gas 3.2% 3.0% Australia Others 3.0% 2.4% Minimum Subsequent Investment RM10, % 6.0% 1.0% of the NAV per Unit redeemed within the 6 months from the date of investment. Income Distribution (2) Top 10 Holdings as at 31 March 2015* Equities % Tenaga Nasional Bhd 4.6% Bank Of China Ltd 4.3% Metropolitan Bank & Trust Co 4.2% China Life Insurance Co Ltd 3.3% Incidental Telekomunikasi Indonesia 3.2% Tencent Holdings Ltd 3.1% Capitaretail China Trust 3.0% Alibaba Group Holding Ltd 3.0% RM104.6 million AIA Group Ltd 3.0% Caltex Australia Ltd 3.0% RM * The data provided above are that of the Fund and are a percentage of NAV as at 31 March All figures are subject to frequent changes on a daily basis. The total for Sector and Country Allocation might not add up to 100% due to rounding. (1) Hurdle value is the Fund's high water mark plus 8.00%. High water mark refers to the highest NAV per Unit that the Fund has achieved at the end of the preceding performance period. The performance period is always measure from 1 June to 31 May every year, to coincide with the start and the end of the Fund's financial year. (2) The Fund is not expected to make distribution. However, incidental distribution may be declared whenever is appropriate. Based on the Fund's portfolio returns as at 28 February 2015, the Volatility Factor (VF) for this Fund is 8.0 and is classified as Moderate (source: Lipper). Moderate includes Funds with VF that are above but not more than The (VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. The Fund's portfolio may have changed since this date and there is no guaranteed that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. This document is prepared by Affin Hwang Asset Management Bhd (formerly known as Hwang Investment Management Bhd) ( T). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Replacement Information Memorandum (RIM) dated 22 September 2014 has been registered as well as the PHS has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the RIM before investing. Application for Units can only be made on receipt of a form of application referred to in and accompanying the PHS and the RIM. Investors should also consider the fees and charges involved. A copy of the PHS and the RIM can be obtained at our office or any of our sales offices. The Fund may not be suitable for all and if in doubt, investors should seek independent advice. 39 APRIL 2015 I FUNDamentals