Fund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
|
|
- June Hunt
- 5 years ago
- Views:
Transcription
1 Fund Information Fund Name (PBIBF) Fund Category Sukuk Fund Investment Objective To provide annual income to investors through investment in Islamic debt securities. Fund Performance Benchmark The benchmark of the Fund is an accumulation index based on the 12-Month General Investment Account (GIA) rate quoted by Bank Negara Malaysia (or any other replacement rate as may be quoted by Bank Negara Malaysia). Fund Distribution Policy Annual Breakdown of Unitholdings of PBIBF as at 30 June 2018 Size of holdings No. of % of No. of units unitholders unitholders held (million) 5,000 and below 1, ,001 to 10, ,001 to 50,000 2, ,001 to 500, ,001 and above Total 4, Note: Excluding Manager s Stock. Fund Performance Average Total Return for the Following Years Ended 30 June 2018 Average Total Return of PBIBF (%) 1 Year Years Years 4.49
2 Fund Performance Fund Performance Annual Total Return for the Financial Years Ended 30 June Year PBIBF (%) The calculation of the above returns is based on computation methods of Lipper. Notes: 1. Total return of the Fund is derived by this formulae: End of Period FYCurrent Year NAV per ( End of Period FYPrevious Year NAV per unit) (Adjusted for unit split and distribution paid out for the period) The above total return of the Fund was sourced from Lipper. 2. Average total return is derived by this formulae: Total Return Number of Years Under Review Other Performance Data for the Past Three Financial Years Ended 30 June Unit Prices (MYR)* Highest NAV per unit for the year Lowest NAV per unit for the year Net Asset Value (NAV) and Units in Circulation (UIC) as at the End of the Year Total NAV (MYR 000) 223, , ,001 UIC (in 000) 202, , ,875 NAV per unit (MYR) Total Return for the Year (%) Capital growth (%) Income (%) Management Expense Ratio (%) Portfolio Turnover Ratio (time) * All prices quoted are ex-distribution Notes: Management Expense Ratio is calculated by taking the total management expenses expressed as an annual percentage of the Fund s average net asset value. Portfolio Turnover Ratio is calculated by taking the average of the total acquisitions and disposals of the investments in the Fund for the year over the average net asset value of the Fund calculated on a daily basis. - 1 Distribution and Unit Split Financial year Date of distribution Distribution per unit Gross (sen) Net (sen) Unit split Impact on NAV Arising from Distribution (Final) for the Financial Years Sen Sen Sen per unit per unit per unit Net asset value before distribution Less: Net distribution per unit (6.00) (6.00) (6.00) Net asset value after distribution Past performance is not necessarily indicative of future performance and unit prices and investment returns may go down, as well as up. Asset Allocation for the Past Three Financial Years As at 30 June (Per Cent of NAV) % % % UNQUOTED SUKUK Ringgit-denominated Sukuk Government Investment Issues TOTAL UNQUOTED SUKUK COLLECTIVE INVESTMENT SCHEMES Unquoted Funds TOTAL UNQUOTED COLLECTIVE INVESTMENT SCHEMES SHARIAH-BASED PLACEMENTS WITH FINANCIAL INSTITUTIONS OTHER ASSETS & LIABILITIES
3 Statement Of Distribution Of Returns Sen Per Unit Gross Distribution Net Distribution Total Returns Effects of Distribution on NAV per unit before and after Distribution: Before After Distribution Distribution NAV per unit (MYR) Overview This Annual Report covers the fi nancial year from 1 July 2017 to 30 June (PBIBF or the Fund) seeks to provide annual income to investors through investment in Islamic debt securities. For the fi nancial year under review, PBIBF registered a return of +4.21% as compared to its Benchmark 12-Month General Investment Account (GIA) rate which yielded a return of +3.27%. For the fi ve fi nancial years ended 30 June 2018, the Fund registered a total return of % and outperformed its Benchmark s return of % over the same period. As the Fund had made distributions for each of its respective fi nancial years, the Manager is of the opinion that the Fund has met its objective to provide annual income over the said period. Performance of PBIBF from 30 June 2013 to 30 June % PBIBF BENCHMARK 20% Returns from Start of Period 15% 10% 5% 0% -5% The Benchmark 12-Month GIA rate is computed from the average 12-Month investment account rate compiled by Bank Negara Malaysia (BNM). Income Distribution and Impact on NAV Arising from Distribution The gross distribution of 6.00 sen per unit (net distribution of 6.00 sen per unit) for the fi nancial year ended 30 June 2018 had the effect of reducing the Net Asset Value (NAV) of the Fund after distribution. As a result, the NAV per unit of the Fund was reduced to RM from RM after distribution. Effect of Distribution Reinvestment on Portfolio Exposures 30-Jun-18 Before Distribution After Distribution Reinvestment* Reinvestment* Sukuk 95.2% 90.3% Islamic Money Market 4.8% 9.7% * Assumes full reinvestment.
4 Change in Portfolio Exposures from 30-Jun-17 to 30-Jun-18 Average 30-Jun Jun-18 Change Exposure Sukuk 88.3% 90.3% +2.0% 90.50% Islamic Money Market 11.7% 9.7% -2.0% 9.50% Returns Breakdown by Asset Class Market / Returns On Benchmark Benchmark Average Attributed Investments Returns Index Used Exposure Returns Sukuk 5.26% 3.29% Bond Index 90.50% 4.76% Islamic Money Overnight Market 3.10% 3.07% Islamic Rate 9.50% 0.29% less: Expenses -0.84% Total Net Return for the Year 4.21% Bond Index = Quant Shop GII All Index Overnight Islamic Rate = Overnight Islamic Interbank Money Market Rate Sukuk Portfolio Review For the fi nancial year under review, the Fund s sukuk portfolio which comprises Government Investment Issues (GII) and corporate sukuk registered a return of +5.26%. In comparison, the Quant Shop GII All Index which tracks the performance of all GII with maturities of 1 year and above, registered a return of +3.29% over the same period. The Fund s sukuk portfolio outperformed the Quant Shop GII All Index as GII yields moved higher relative to corporate sukuk yields during the financial year under review. During the fi nancial year under review, the Fund s sukuk exposure increased from 88.3% to 90.3% as the Fund continued to capitalise on investment opportunities in the sukuk market. Based on an average exposure of 90.50%, the sukuk portfolio is estimated to have contributed +4.76% to the Fund s overall return for the financial year under review. For a full review of the sukuk market, please refer to the following sections of this report. Islamic Money Market Portfolio Review During the financial year under review, the Fund s Islamic money market portfolio, which was invested primarily in Islamic deposits, yielded a return of +3.10%. In comparison, the Overnight Islamic Interbank Money Market Rate (Overnight Islamic Rate) registered a return of +3.07% over the same period. During the fi nancial year under review, the Fund s exposure to Islamic money market investments decreased from 11.7% to 9.7% as funds were mobilised into sukuk investments. Based on an average exposure of 9.50%, the Islamic money market portfolio is estimated to have contributed +0.29% to the Fund s overall return for the fi nancial year under review. Sukuk Market and Islamic Money Market Review Commencing the fi nancial year under review, the domestic sukuk market eased amid higher global bond yields following the announcement of the second U.S. interest rate hike in 2017, coupled with growing concerns that the U.S. Federal Reserve may reduce its holdings of government and mortgage bonds. Buying interest returned to the domestic sukuk market in August 2017 on the back of fi rmer U.S. Treasuries (UST) a broadly weaker U.S. Dollar as well as accelerating economic growth and lower infl ation in Malaysia. The domestic sukuk market subsequently retreated in September and October 2017, driven by the Federal Reserve s announcement that it would start its balance sheet reduction program in October 2017, while affi rming the likelihood of a 25 basis points (bps) rate hike in December Buying interest gradually returned to the domestic sukuk market in November and December 2017 on the back of a fi rmer Ringgit. In January and February 2018, the domestic sukuk market softened on the back of higher U.S. Treasury yields and weaker Ringgit, coupled with BNM increased its Overnight Policy Rate (OPR) by 25 bps to 3.25% on 25 January While the domestic sukuk market rebounded briefl y in March 2018 in tandem with a rally in U.S. Treasuries amid concerns over rising trade tensions between the U.S. and China, the market subsequently retreated in April through June 2018, mainly on concerns over higher U.S. interest rates as the 10-year U.S. Treasury yield breached the 3.0% mark and the U.S. Dollar continued to strengthen against the Ringgit. For the fi nancial year under review, the yield of 3-year GII eased by 3 bps to 3.60%, while the yield of 10-year GII rose by 21 bps to close at 4.31%. The Overnight Islamic Rate commenced the fi nancial year under review at 3.00% and ended the fi nancial year under review higher at 3.21%. Economic Review Malaysia s GDP growth eased from 5.9% in 2017 to 5.4% in 1Q 2018 on the back of slower investment spending and export growth. Growth in manufacturing activities moderated from 6.0% in 2017 to 5.3% in 1Q Meanwhile, growth in the services sector rose from 6.2% to 6.5% over the same period. Malaysia s export growth softened to 7.8% in the fi rst four months of 2018 compared to 18.9% for the whole of 2017 due mainly to slower exports of electrical and electronic products. Import growth decelerated to 1.6% from 19.9% over the same period on the back of lower imports of capital and intermediate goods. Malaysia s cumulative trade surplus widened to RM46.4 billion in the fi rst four months of 2018 compared to RM27.5 billion in the corresponding period of the prior year. Due to capital infl ows, Malaysia s foreign reserves increased to US$108.5 billion as at end-may 2018 compared to US$98.0 billion a year ago.
5 Malaysia s inflation rate slowed to 1.7% in the first five months of 2018 from 3.7% in 2017 amid moderating food prices and transportation costs. On 25 January 2018, BNM raised the OPR by 25 bps from 3.00% to 3.25% on the back of resilient economic growth. Loans growth climbed to 4.9% in the fi rst fi ve months of 2018 from 4.1% in 2017 due to higher demand from the household sector % Malaysia s Annual GDP Growth F Source: Bloomberg Led by higher investment spending and export growth, U.S. GDP growth rose from 2.3% in 2017 to 2.8% in 1Q Investment spending increased from 3.3% in 2017 to 5.8% in 1Q 2018 due to higher investment in equipment. Likewise, export growth expanded from 3.4% to 4.0% over the same period. At the Federal Open Market Committee (FOMC) meeting on June 2018, the Federal Reserve raised the Federal funds rate target range by 25 bps from 1.50%-1.75% to 1.75%-2.00%. Eurozone GDP growth inched down from 2.6% in 2017 to 2.5% in 1Q 2018 amid a slowdown in consumer spending and export growth. At its monetary policy meeting on 14 June 2018, the European Central Bank (ECB) kept its main refi nancing and deposit rates at 0.00% and -0.40% respectively. The ECB will continue its quantitative-easing program at the monthly pace of 30 billion until the end of September Thereafter, the monthly pace of bond-buying will be reduced to 15 billion until the end of the program in end-december 2018, subject to the medium-term inflation outlook. In a referendum held on 23 June 2016, British voters voted in favour of exiting the European Union (EU). The United Kingdom (UK) formally notifi ed of its exit from the EU under Article 50 on 29 March 2017, which commences a 2-year process of trade negotiations with the EU On the domestic front, Malaysia s GDP growth is estimated to ease from 5.9% in 2017 to 5.5% in 2018 amid moderating export growth. However, domestic demand is projected to be supported by sustained consumer spending. The FOMC increased the Federal funds target rate by another 25 basis points to 1.75%-2.00% range in June and stated that it will accelerate its balance sheet reduction program from US$30 billion to US$40 billion per month starting July 2018, as scheduled. Looking ahead, global bond yields may trend higher in tandem with the prospect of further rate hikes in the U.S. amid the country s sustained economic growth. However, ongoing domestic activities should help to underpin the domestic sukuk market. Given the above factors, the Fund will continue to rebalance its portfolio of sukuk investments accordingly with the objective of providing annual income to investors through investments in Islamic debt securities. Note: Q = Quarter Policy on Soft Commissions The management company may receive goods or services which include research materials, data and quotation services and investment related publications by way of soft commissions provided they are of demonstrable benefit to the Fund and unitholders. During the fi nancial year under review, PBIBF has not received goods or services by way of soft commissions. Outlook and Investment Strategy U.S. economic growth is projected to edge up from 2.3% in 2017 to 2.9% in 2018, driven by higher investment spending on the back of tax reform measures. In the Eurozone, economic growth is envisaged to ease from 2.6% in 2017 to 2.2% in 2018 on expectations of a moderation in consumer and investment spending.
6 Statement Of Assets And Liabilities As at 30 June 2018 Statement Of Income And Expenditure MYR 000 MYR 000 Assets Investments 215, ,807 Due from financial institutions, net - 2,536 Other receivables 4 12 Shariah-based placements with fi nancial institutions 25,237 23,535 Cash at bank , ,940 Liabilities Due to fi nancial institutions, net 5,186 - Due to the Manager, net Due to the Trustee 7 7 Other payables Distribution payable 12,146 11,255 17,631 11,529 Total net assets 223, ,411 Net asset value ( NAV ) attributable to unitholders (Total equity) 223, ,411 Units in circulation (in 000) 202, ,582 NAV per unit, ex-distribution (in MYR) MYR 000 MYR 000 Income Profi t from Shariah-based placements Income from sukuk 13,533 13,081 Net (loss)/gain from investments (226) 753 Amortisation of premium, net of accretion of discount (2,697) (2,538) Non-permissible income ,257 11,996 Less: Expenses Trustee s fee Management fee 1,789 1,772 Audit fee 7 7 Tax agent s fee 3 3 Administrative fees and expenses Payment to charitable bodies - 9 1,904 1,899 Net income before taxation 9,353 10,097 Taxation - - Net income after taxation 9,353 10,097 Net income after taxation is made up as follows: Realised 10,602 11,001 Unrealised (1,249) (904) 9,353 10,097 Final distribution for the financial year 12,146 11,255
7 Statement Of Changes In Net Asset Value Statement Of Cash Flows Unitholders Retained capital earnings Total MYR 000 MYR 000 MYR 000 As at 1 July ,831 20, ,001 Creation of units 21,666-21,666 Cancellation of units (21,098) - (21,098) Net income after taxation - 10,097 10,097 Distribution - (11,255) (11,255) As at 30 June ,399 19, ,411 As at 1 July ,399 19, ,411 Creation of units 37,409-37,409 Cancellation of units (20,651) - (20,651) Net income after taxation - 9,353 9,353 Distribution - (12,146) (12,146) As at 30 June ,157 16, , MYR 000 MYR 000 Cash flows from operating activities Proceeds from sale/redemption of investments 169, ,373 Purchase of investments (185,117) (174,668) Maturity of Shariah-based placements 4,888,293 4,808,913 Shariah-based placements (4,889,995) (4,805,830) Profi t from Shariah-based placements received Income from sukuk received 12,636 12,151 Non-permissible income received - 9 Trustee s fee paid (84) (83) Management fee paid (1,792) (1,769) Audit fee paid (7) (7) Tax agent s fee paid (3) (3) Payment of other fees and expenses (24) (25) Payment to charitable bodies - (9) Net cash (outflow)/inflow from operating activities (5,534) 10,754 Cash flows from financing activities Cash proceeds from units created 37,404 21,667 Cash paid on units cancelled (20,615) (21,208) Distribution paid (11,255) (11,213) Net cash inflow/(outflow) from financing activities 5,534 (10,754) Cash and cash equivalents at the beginning of the financial year Cash and cash equivalents at the end of the financial year 50 50
Fund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PBFI) Fund Category Bond Fund Investment Objective To provide a steady stream of annual income through its investment in private debt securities (bonds) and money market instruments.
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PBASF) Fund Category Sukuk Fund Investment Objective To provide annual income to investors through investments in sukuk and Islamic money market instruments. Fund Performance
More informationPublic Select Mixed Asset Growth Fund (PSMAGF) Breakdown of Unitholdings of PSMAGF as at 30 April 2018
Fund Information Fund Name (PSMAGF) Fund Category Mixed Asset Fund Investment Objective To achieve capital growth over the medium to long-term period primarily through a portfolio allocation across equities
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PIDF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To provide income by investing in a portfolio of stocks that complies with Shariah requirements and
More informationPB Islamic Cash Management Fund (PBICMF) Breakdown of Unitholdings of PBICMF as at 30 June 2018
Fund Information Fund Name (PBICMF) Fund Category Islamic Money Market Fund Investment Objective To provide liquidity and current income, while maintaining capital stability by investing in instruments
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PRSF) Fund Category Equity Fund Investment Objective To achieve consistent capital growth over the medium long term period and achieve a steady growth in income. Fund Performance
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PIDF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To provide income by investing in a portfolio of stocks that complies with Shariah requirements and
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PIMMF) Fund Category Islamic Money Market Fund Investment Objective To provide liquidity and current income, while maintaining capital stability by investing in instruments
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name Public Growth Balanced Fund () Fund Category Balanced Fund Investment Objective To achieve capital growth over the medium to long-term period through a balanced asset allocation
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PIEMOF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth through investments in Shariah-compliant companies with mid and small market
More informationPublic Islamic Asia Tactical Allocation Fund (PIATAF) Breakdown of Unitholdings of PIATAF as at 30 April 2018
Fund Information Fund Name Public Islamic Asia Tactical Allocation Fund () Fund Category Mixed Asset (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long-term
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PISGIF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To seek capital growth and income by investing in a portfolio of Shariahcompliant growth and dividend
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PIADF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To provide income by investing in a portfolio of stocks in domestic and regional markets that complies
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name Public Asia Ittikal Fund () Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long term period by investing in a
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PIOEF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long-term period by investing in a diversified portfolio
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PAIF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long term period by investing in a portfolio of investments
More informationNotes: Loaded units are units which have incurred a sales charge of 3% or more. 1%-load units are units which have incurred a sales charge of 1.0%.
Fund Information Fund Name (PEBF) Fund Category Bond Fund Investment Objective Seeks provide a combination of annual income and modest capital growth primarily through a portfolio allocation across quality
More informationBreakdown of Unitholdings of PGF as at 31 July 2018
Fund Information Fund Name (PGF) Fund Category Equity Fund Investment Objective To achieve long-term capital appreciation with income considered incidental. Fund Performance Benchmark The benchmark of
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PCSF) Fund Category Equity Fund Investment Objective To achieve capital growth over the medium to long-term period by investing in a portfolio of investments in the greater
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name Public Islamic Treasures Growth Fund () Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium long-term period by investing
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name PB Indonesia Balanced Fund () Fund Category Balanced Fund Investment Objective To achieve income and capital growth over the medium long term period by investing in a portfolio
More informationBreakdown of Unitholdings of PGF as at 31 January 2018
Fund Information Fund Name Public Growth Fund () Fund Category Equity Fund Investment Objective To achieve long-term capital appreciation with income considered incidental. Fund Performance Benchmark The
More informationPublic Islamic Asia Leaders Equity Fund (PIALEF)
Fund Information Fund Name (PIALEF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long term period by investing mainly in stocks of companies
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PINDGF) Fund Category Equity Fund Investment Objective To achieve a high level of capital appreciation over the medium to long term period through investments in growth industries.
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Risk Factors. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PBICPF) Fund Category Wholesale Islamic Money Market Fund Investment Objective To provide liquidity and current income, while maintaining capital stability. Risk Facrs The specific
More informationBreakdown of Unitholdings of PIX as at 31 January 2018
Fund Information Fund Name (PIX) Fund Category Equity Fund Investment Objective To achieve long-term capital appreciation while at the same time attempting to outperform the FTSE Bursa Malaysia Top 100
More informationBreakdown of Unitholdings of PBSCGF as at 31 March 2018
Fund Information Fund Name PB SmallCap Growth Fund () Fund Category Equity Fund Investment Objective To achieve capital growth over the medium long term period through investments in companies with small
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PeFAF) Fund Category Mixed Asset Fund Investment Objective To achieve capital growth over the medium to long-term period through a portfolio allocation across equities and fixed
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name Public China Access Equity Fund (PCASEF) Fund Category Equity Fund Investment Objective To achieve capital growth over the medium to long-term period by investing in a portfolio
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy. Foreign Exchange Rate
Fund Information Fund Name (PCIF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long-term period by investing in a portfolio of Shariah-compliant
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PCIF) Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the medium to long-term period by investing in a portfolio of Shariah-compliant
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PRS-GRF) Fund Category Core (Growth) Fund Investment Objective The Fund seeks long-term capital growth and to a lesser extent income. Fund Performance Benchmark The benchmarks
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PFECTF) Fund Category Equity Fund Investment Objective To achieve long term capital appreciation by investing in securities, mainly equities, in the consumer sector in the domestic
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name Public Select Treasures Equity Fund () Fund Category Equity Fund Investment Objective To achieve capital growth over the medium long-term period by investing in a portfolio of
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name (PRSEC) Fund Category Equity Fund Investment Objective To seek long-term capital appreciation by investing in selected market sectors. Fund Performance Benchmark The benchmarks
More informationFund Performance Average Total Return for the Following Years Ended 28 February 2018
Fund Information Fund Name PB Asia Emerging Growth Fund () Fund Category Equity Fund Investment Objective To achieve capital growth over the medium to long-term period by primarily investing in the securities
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name PB Asia Pacific Dividend Fund () Fund Category Equity Fund Investment Objective To provide income by investing in a portfolio of stocks in domestic and regional markets which
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy
Fund Information Fund Name Public Islamic Global Equity Fund () Fund Category Equity (Shariah-compliant) Fund Investment Objective To achieve capital growth over the long term period by investing in a
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Public China Access Equity Fund
Fund Information Fund Name (PCASEF) Fund Category Equity Fund Investment Objective To achieve capital growth over the medium to long-term period by investing in a portfolio of investments in the China
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy. Foreign Exchange Rate
Fund Information Fund Name (PDSF) Fund Category Equity Fund Investment Objective To provide steady recurring income by investing in a portfolio of stocks which offer or have the potential to offer attractive
More informationFund Information. Fund Name. Fund Category. Fund Investment Objective. Fund Performance Benchmark. Fund Distribution Policy. Foreign Exchange Rate
Fund Information Fund Name (PBAREIF) Fund Category Balanced Fund Investment Objective Seeks to achieve capital growth and income over the medium to long term period by investing in companies that are principally
More informationANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 APRIL
Nomura i-cash Fund ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 APRIL 2017 MANAGER: NOMURA ISLAMIC ASSET MANAGEMENT SDN. BHD. Business Registration No.: 838564-T TRUSTEE:
More informationStructured Income Fund VIII
Affin Hwang Structured Income Fund VIII Quarterly Report 31 July 2016 MANAGER Affin Hwang Asset Management Berhad (429786-T) TRUSTEE Maybank Trustees Berhad (5004-P) AFFIN HWANG STRUCTURED INCOME FUND
More informationCIMB-PRINCIPAL DEPOSIT FUND 2 UNAUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD FROM 19 JUNE 2017 (DATE OF LAUNCH) TO 31 MARCH 2018
UNAUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD FROM 19 JUNE 2017 (DATE OF LAUNCH) TO 31 MARCH 2018 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-10 Fund Objective and Policy Performance
More informationCIMB ISLAMIC MONEY MARKET FUND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2017
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2017 CONTENTS PAGE(S) INVESTORS LETTER 1-2 MANAGER S REPORT 3-9 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More informationINVESTORS' LETTER 1 MANAGER'S REPORT 2-7
CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2-7 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio Structure Market Outlook Investment Strategy Unit Holdings
More informationCIMB-PRINCIPAL MONEY MARKET INCOME FUND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-8 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More informationREPORT PACIFIC CASH DEPOSIT FUND QUARTERLY. For The Financial Period From 1 January 2018 To 30 June
REPORT QUARTERLY For The Financial Period From 1 January 2018 To 30 June 2018 PACIFIC CASH DEPOSIT FUND www.pacificmutual.com.my PACIFIC MUTUAL FUND BHD (336059-U) A member of the OCBC Group CONTENTS Fund
More information100.00% 90.00% 80.00% 70.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% Mar-12. Jun-12. Apr-12. Dec-11. Jan-12. May-12.
Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14
More informationREPORT PACIFIC ISLAMIC CASH FUND QUARTERLY. For The Financial Period From 1 January 2018 To 30 June
REPORT QUARTERLY For The Financial Period From 1 January 2018 To 30 June 2018 PACIFIC ISLAMIC CASH FUND www.pacificmutual.com.my PACIFIC MUTUAL FUND BHD (336059-U) A member of the OCBC Group CONTENTS Fund
More informationCIMB ISLAMIC MONEY MARKET FUND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2018
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2018 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-8 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More informationCIMB ISLAMIC PRS PLUS GROWTH UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 28 FEBRUARY 2018
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 28 FEBRUARY 2018 CONTENTS PAGE(S) MEMBERS LETTER 1 SHARIAH ADVISER S REPORT 2 STATEMENT BY THE PRS PROVIDER 3 TRUSTEE S REPORT 4
More informationCIMB ISLAMIC MONEY MARKET FUND UNAUDITED FINANCIAL STATEMENTS
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 MAY 2018 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-7 Fund Objective and Policy Performance Data Market Review Fund
More informationHong Leong Strategic Fund
Reaching out to you Hong Leong Strategic Fund Interim Report 2017/2018 28 February 2018 Unaudited Hong Leong Strategic Fund Contents Page Manager s Review and Report 1-10 Statement by the Manager 11 Trustee
More informationSHARIAH PRS-GROWTH FUND
CONTENTS PAGE 1 General Information 1 2 PRS Provider s Report 3 3 Policy On Stockbroking Rebates And Soft Commissions 11 4 Statement By The PRS Provider 12 5 Scheme Trustee s Report 13 6 Shariah Adviser
More informationBNM Maintains OPR at 3.25%, Hawkish About Economic Outlook
7 March 2018 ECONOMIC REVIEW March 2018 BNM MPC BNM Maintains OPR at 3.25%, Hawkish About Economic Outlook Overnight Policy Rate maintained at 3.25%. In line with our expectation, overnight policy rate,
More informationHong Leong Islamic Income Management Fund
Reaching out to you Hong Leong Islamic Income Management Fund Interim Report 2017/2018 30 April 2018 Unaudited Hong Leong Islamic Income Management Fund Contents Page Manager s Review and Report Statement
More informationAberdeen Islamic Asia Pacific Ex Japan Equity Fund. Annual Report 30 June 2018
Aberdeen Islamic Asia Pacific Ex Japan Equity Fund Annual Report 30 June 2018 TABLE OF CONTENTS FUND INFORMATION 2 FUND PERFORMANCE DATA 3-5 MANAGER S REPORT 6-8 STATEMENT OF COMPREHENSIVE INCOME 9 STATEMENT
More informationCIMB ISLAMIC SUKUK FUND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2017
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2017 CONTENTS PAGE(S) INVESTORS LETTER 1-2 MANAGER S REPORT 3-8 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More informationCIMB ISLAMIC BALANCED GROWTH FUND UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 JUNE 2018
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 JUNE 2018 CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2-8 Fund Objective and Policy Performance Data Market Review
More informationCIMB-PRINCIPAL BOND FUND UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 JUNE 2018
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 JUNE 2018 1 CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2-8 Fund Objective and Policy Performance Data Market Review
More informationEASTSPRING INVESTMENTS DANA WAFI
EASTSPRING INVESTMENTS DANA WAFI ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2018 Dear Valued Investor, Greetings from Eastspring Investments Berhad! First and foremost, we would like to take this
More informationCIMB ISLAMIC ENHANCED SUKUK FUND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2018
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2018 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-8 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More informationCIMB ISLAMIC DEPOSIT FUND FINANCIAL STATEMENT FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2018
FINANCIAL STATEMENT FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2018 CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2-9 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More informationUnited Income Plus Fund. Annual Report 31 July 2018
United Income Plus Fund Annual Report 31 July 2018 UNITED INCOME PLUS FUND Audited Annual Report and Financial Statements For the Financial Year Ended 31 July 2018 TABLE OF CONTENTS PAGE NO (A) MANAGER
More informationGDP Forecast Revised Due to Weak Global Outlook
5 July 2016 MONTHLY ECONOMIC REVIEW Jun 2016 GDP Forecast Revised Due to Weak Global Outlook Exports were down by 0.9%yoy in May, while trade balance moderated to RM3.2 billion. This was largely due to
More informationCIMB-PRINCIPAL BALANCED FUND FINANCIAL STATEMENTS
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-8 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio
More information1 General Information 1. 2 PRS Provider s Report 4. 3 Policy On Stockbroking Rebates And Soft Commissions Statement By The PRS Provider 13
CONTENTS PAGE 1 General Information 1 2 PRS Provider s Report 4 3 Policy On Stockbroking Rebates And Soft Commissions 12 4 Statement By The PRS Provider 13 5 Scheme Trustee s Report 14 6 Statement Of Comprehensive
More informationCIMB-PRINCIPAL US MORTGAGE FUND UNAUDITED QUARTERLY REPORT FOR THE QUARTER AND FINANCIAL PERIOD ENDED 30 APRIL 2018
UNAUDITED QUARTERLY REPORT FOR THE QUARTER AND FINANCIAL PERIOD ENDED 30 APRIL 2018 CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2-10 Fund Objective and Policy Performance Data Market Review Fund
More informationBond Fund. Interim Report 31 October MANAGER Affin Hwang Asset Management Berhad ( T) TRUSTEE AmanahRaya Trustee Berhad ( T)
Affin Hwang Bond Fund Interim Report 31 October 2017 MANAGER Affin Hwang Asset Management Berhad (429786-T) TRUSTEE AmanahRaya Trustee Berhad (766894-T) AFFIN HWANG BOND FUND Interim Report and Unaudited
More informationPUBLIC MUTUAL RETIREMENT SCHEM
MENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEM UBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME
More informationCIMB ISLAMIC PRS PLUS ASIA PACIFIC EX JAPAN EQUITY UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 28 FEBRUARY 2018
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 28 FEBRUARY 2018 CONTENTS PAGE(S) MEMBERS LETTER 1 SHARIAH ADVISER S REPORT 2 STATEMENT BY PRS PROVIDER 3 TRUSTEE S REPORT 4 PRS
More informationEASTSPRING INVESTMENTS ASIAN HIGH YIELD BOND MY FUND QUARTERLY REPORT
EASTSPRING INVESTMENTS ASIAN HIGH YIELD BOND MY FUND QUARTERLY REPORT FOR THE FINANCIAL PERIOD FROM 1 APRIL TO 30 JUNE Dear Valued Investor, Greetings from Eastspring Investments Berhad! First and foremost,
More informationMaybank Malaysia Sukuk Fund
Maybank Malaysia Sukuk Fund Annual Report for the financial year ended 31 January 2016 MAYBANK MALAYSIA SUKUK FUND Content Page Manager's report 1-11 Trustee's report 12 Statement by manager 13 Report
More informationAffin Hwang Aiiman Select Income Fund
Affin Hwang Aiiman Select Income Fund Annual Report 31 March 2016 MANAGER Affin Hwang Asset Management Berhad (429786-T) TRUSTEE HSBC (Malaysia) Trustee Berhad (1281-T) AFFIN HWANG AIIMAN SELECT INCOME
More information1 General Information 1. 2 Manager s Report 2. 3 Policy On Stockbroking Rebates And Soft Commissions 7. 4 Statement By The Manager 8
CONTENTS PAGE 1 General Information 1 2 Manager s Report 2 3 Policy On Stockbroking Rebates And Soft Commissions 7 4 Statement By The Manager 8 5 Trustee s Report 9 6 Statement Of Comprehensive Income
More informationSelect Income Fund. Interim Report 31 August MANAGER Affin Hwang Asset Management Berhad ( T)
Affin Hwang Select Income Fund Interim Report 31 August 2017 MANAGER Affin Hwang Asset Management Berhad (429786-T) TRUSTEE HSBC (Malaysia) Trustee Berhad (1281-T) AFFIN HWANG SELECT INCOME FUND Interim
More informationSelect Bond Fund. Annual Report 31 March MANAGER Affin Hwang Asset Management Berhad ( T) TRUSTEE HSBC (Malaysia) Trustee Berhad (1281-T)
Affin Hwang Select Bond Fund Annual Report 31 March 2016 MANAGER Affin Hwang Asset Management Berhad (429786-T) TRUSTEE HSBC (Malaysia) Trustee Berhad (1281-T) AFFIN HWANG SELECT BOND FUND Annual Report
More informationREPORT PACIFIC ISLAMIC CASH FUND QUARTERLY. For The Financial Period From 1 October 2016 To 30 June
QUARTERLY REPORT For The Financial Period From 1 October 2016 To 30 June 2017 PACIFIC ISLAMIC CASH FUND www.pacificmutual.com.my PACIFIC MUTUAL FUND BHD (336059-U) A member of the OCBC Group CONTENTS Fund
More informationCIMB ISLAMIC DALI EQUITY GROWTH FUND UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 NOVEMBER 2018
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 NOVEMBER 2018 CONTENTS PAGE(S) INVESTORS LETTER 1 MANAGER S REPORT 2-8 Fund Objective and Policy Performance Data Market Review
More informationHong Leong Income Management Fund
Reaching out to you Hong Leong Income Management Fund First Quarter Report 2018 31 May 2018 Unaudited Hong Leong Income Management Fund Contents Page Manager s Review and Report Statement by the Manager
More informationMANAGER S REPORT 30 September 2018 Performance Review From 7 May 1998 (date of launch: 16 April 1998) to 30 September 2018, the Pacific Dana Aman registered a total return of 409.74%, while its composite
More informationInvestments that stand the test of time
UNAUDITED INTERIM REPORT FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 30 SEPTEMBER 2018 Investments that stand the test of time FORWARD Your Investments UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL
More informationPUBLIC MUTUAL RETIREMENT SCHEM
MENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEM UBLIC MUTUAL RETIREMENT SCHEME PUBLIC MUTUAL RETIREMENT SCHEME
More informationINTERIM REPORT 31 DECEMBER 2010 BOND. Manager: HwangDBS Investment Management Berhad ( T) Trustee: HSBC (Malaysia) Trustee Berhad (1281-T)
INTERIM REPORT 31 DECEMBER 2010 BOND Manager: HwangDBS Investment Management Berhad (429786-T) Trustee: HSBC (Malaysia) Trustee Berhad (1281-T) HWANGDBS SELECT BOND FUND Unaudited Interim Report and Financial
More informationBANK MUAMALAT MALAYSIA BERHAD Company No W (Incorporated in Malaysia)
Company No. 6175-W UNAUDITED CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED 31 DECEMBER 2017 (12 RABIUL AKHIR 1439H) Company No. 6175-W BANK MUAMALAT MALAYSIA BERHAD Contents Page Unaudited Statement
More information1 General Information 1. 2 Manager s Report 2. 3 Policy On Stockbroking Rebates And Soft Commissions 7. 4 Statement By The Manager 8
CONTENTS PAGE 1 General Information 1 2 Manager s Report 2 3 Policy On Stockbroking Rebates And Soft Commissions 7 4 Statement By The Manager 8 5 Trustee s Report 9 6 Shariah Adviser s Report 10 7 Statement
More informationAmPRS-Islamic Fixed Income Fund 28 February 2018
Semi-Annual Report for AmPRS-Islamic Fixed Income Fund 28 February 2018 TRUST DIRECTORY PRS Provider AmFunds Management Berhad 9 th & 10 th Floor, Bangunan AmBank Group 55 Jalan Raja Chulan 50200 Kuala
More informationAsia Bond Monitor November 2018
January 9 asianbondsonline.adb.org Key Developments in Asian Local Currency Markets L ast week, the Philippines raised USD. billion from the sale of -year global bonds priced at basis points above benchmark
More informationINVESTORS' LETTER 1 MANAGER'S REPORT 2-7
CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2-7 Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio Structure Market Outlook Investment Strategy Unit Holdings
More informationMalaysia. Yield Movements. Size and Composition
53 Yield Movements Between 1 June and 15 August, n local currency (LCY) government bond yields fell for all tenors on lowered expectations of a United States Federal Reserve interest rate hike this year
More informationConsolidated Statements of Financial Position As at 31 March Unaudited
(Incorporated in Malaysia) and its subsidiaries Unaudited Condensed Interim Financial Statements for the Financial Period ended 31 March 2016 Domiciled in Malaysia Registered office: Level 18, Menara IMC
More informationStatement Of Changes In Net Asset Value 15
CONTENTS Fund Information 2 Financial Highlights 4 Fund Performance Market Review Fund Review Fund Returns Asset Allocation Income Distribution 5 Report Of The Trustee 8 Statement By The Manager 9 Independent
More informationCompany No H MAA TAKAFUL BERHAD
MAA TAKAFUL INVESTMENT - LINKED FUNDS (MAA Takaful Shariah Balanced Fund, MAA Takaful Shariah Income Fund, MAA Takaful Shariah Growth Fund, MAA Takaful Shariah Flexi Fund, MAA Shariah Balanced Fund 2,
More informationCIMB-PRINCIPAL CONSERVATIVE BOND FUND FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD FROM 8 AUGUST 2017 (DATE OF LAUNCH) TO 28 FEBRUARY 2018
FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD FROM 8 AUGUST 2017 (DATE OF LAUNCH) TO 28 FEBRUARY 2018 CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER S REPORT 2-8 Fund Objective and Policy Performance Data
More informationMonthly Outlook. June Summary
Monthly Outlook June 2015 Summary Yields of US Treasuries (USTs) rallied in May, with the 2-year and 10-year yields up 4 and 9 basis points (bps) respectively as compared to end-april levels. During the
More informationBSN DANA SHARIAH MONEY MARKET CONTENTS... PAGE
CONTENTS... PAGE MANAGER S REPORT... 2 1. FUND INFOATION... 2 2. FUND PERFOANCE... 3 3. MANAGER S REPORT... 6 4. STATEMENT BY MANAGER... 10 5. TRUSTEE S REPORT... 11 6. SHARIAH ADVISER S REPORT... 12 7.
More informationCIMB-PRINCIPAL PRS PLUS CONSERVATIVE UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 JULY 2017
UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 JULY 2017 CONTENTS PAGE(S) MEMBERS' LETTER 1 PRS PROVIDER S REPORT 2-10 Fund Objective and Policy Performance Data Market Review
More informationAMB DANA NABEEL Annual Report For the financial year ended 30 June 2018
Level 34, Menara PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur, Malaysia Tel: 603-2034 0800 Fax: 603-2163 3212 / 2162 5958 www.ambmutual.com.my AMB DANA NABEEL Annual Report For the financial year ended
More informationAMB DIVIDEND TRUST FUND ANNUAL REPORT. Manager's Report Trustee's Report 12. Statement by Manager 13. Independent Auditors' Report 14-17
AMB DIVIDEND TRUST FUND ANNUAL REPORT For the Financial Year Ended 30 April 2018 Contents Page Manager's Report 2-11 Trustee's Report 12 Statement by Manager 13 Independent Auditors' Report 14-17 Statement
More information