MARKET UPDATE I monthly review and outlook GLOBAL EQUITIES REGIONAL EQUITIES

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1 MARKET UPDATE I monthly review and outlook GLOBAL EQUITIES Percentage Return (%) Source: Bloomberg Global Equities - Percentage Returns (end March 15- end April 15) MSCI World Index (MYR) MSCI Emerging Markets Index (MYR) Tokyo Stock Price Index (MYR) S&P 500 Index (MYR) REGIONAL EQUITIES -2.7 The global equity markets declined with the MSCI World index falling 1.5% (in MYR terms) over the month of April. In contrast to the last quarter, developed markets this time round were mostly in the red. US equities, represented by the S&P 500 index, declined 2.7% (in MYR terms), while the Tokyo Stock Price Index was slightly lower by 0.2% (in MYR terms) over the month. Global stock markets trended downward on weaker-thanexpected first-quarter US growth, with the gross domestic product recorded at only 0.2% at an annualized rate in the first quarter. As the month ended, signs of progress in Greece s negotiations with lenders over extending its financial bailout eased fears of a Greek eurozone exit. The emerging markets as a whole performed slightly better with the MSCI Emerging Markets index returning 3.7% (in MYR terms). The gains were largely contributed by China, and Hong Kong. Meanwhile, China s official manufacturing Purchasing Managers Index (PMI) was unchanged at 50.1 in April, while the non-manufacturing PMI slowed to 53.4 in April. STRATEGY: The Manager expects less significant negative risks to take place as global central banks remain accommodative. The Manager still expects the US to raise interest rates later in September and will continue to watch the data releases in the US. Regional markets continued its uptrend in April from the first quarter outpacing most of the developed markets as the MSCI AC Asia (ex Japan) Index recorded gains of 3.3%. The Shanghai Composite Index remained the biggest contributor recording a strong 14.4% return in April, followed by the Hang Seng Index with a 9.0% return. Markets continued to be supported by liquidity in the markets. The exuberance in the Chinese share market continued as the government continues to support economic growth and encourage the outflow of liquidity from the A to the H share market. Focus was also on Asia s 4th largest economy, Korea which was considered to be undervalued. For the month of April, Korea s equity market was the biggest recipient in the Asia Pacific region with net foreign buying of USD3.8 billion. The benchmark Kospi Composite Index was up more than 10% this year, and earlier last month hit its highest level in nearly four years. Percentage Returns (%) Regional Equities - Percentage Returns (end March 15 - end April 15) MSCI AC Asia (ex-japan) Index (MYR) MSCI AC Asia (ex-japan) Small Cap Index (MYR) Shanghai Composite Index (MYR) Hang Seng Index (MYR) FTSE Straits Times Index (MYR) 1.1 STRATEGY: The Manager remains constructive of the regional markets and expects market liquidity to remain. Inflation is expected to be low in Asia this year. The lack of inflationary pressures will give the Asian central banks room to pursue growth and keep interest rates low. Source: Bloomberg 01 MAY 2015 I FUNDamentals

2 MARKET UPDATE I monthly review and outlook LOCAL EQUITIES Local Equities - Percentage Returns (end March 15 - end April 15) The domestic market was relatively quiet over the month compared to its regional peers. Ongoing pressures mounting from 1MDB has led to outflow of foreign investment. Percentage Returns (%) Ballooning government s liabilities, potential downgrade of sovereign credit rating, foreign fund outflows, oil price slump and weakening ringgit these are some of the lingering issues in Malaysia since mid It is not all gloom and doom for Malaysia as there are still pockets of opportunities to be found within the local equity space. Crude oil prices have started to trend higher. Aside from boosting the nation s economic growth, a continued uptick in the oil prices will also potentially lead to a positive ripple effect increasing foreign fund inflows on rising investors confidence as well as the stabilizing of the nation s currency. Source: Bloomberg FBM Kuala Lumpur Composite Index (FBM KLCI) FBM Top 100 Index FBM Emas Shariah Index FBM ACE Index GLOBAL & LOCAL FIXED INCOME While the Ringgit is expected to stay weak for now, this is likely to provide support for the tourism sector as the government continues its promotional efforts. This, along with the low airfares is likely to increase foreign tourism into Malaysia. STRATEGY: Markets are expected to remain supported by both the domestic and foreign investors. 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. The government bond markets globally were generally mixed over the month of April. The yield on the 10-year US Treasury moved above 2.0% for the first time in weeks while the yield on the 10-year German bund jumped sharply to 0.36%. The selloff was attributed largely to new supply coming into the bond market, a rout in German bunds and some optimism around the Greek bailout saga. USD fell against most global currencies following a weak US 1Q GDP. The Dollar Index tumbled as US data continued to cast doubts on rate hike outlook. However, post-fomc statement released did not rule out a near-term rate lift-off despite economic soft patch. 6.0% 5.0% 4.0% 3.0% 2.0% Yields 3.33% 3.28% MGS vs Malaysian AA2/AA Corporate Bond Yields (end March 15 - end April 15) 4.41% 4.41% 3.56% 3.60% 4.64% 4.64% 3.90% 3.85% 5.32% 5.21% The Emerging Asia region saw a further increase in inflows to USD537 million, also driven by China which was responsible for USD205 million of the inflow. Notably, Emerging Asia Bond flows have been registering its 7th consecutive week of inflows. Other than China, Korea and Indonesia also contributed to the inflows. On the local front, Malaysian government bonds closed firmer, guided by bullish MYR amid higher crude oil prices. USD/MYR was also stronger over the month of April. In addition, the market also reacted positively to comments made by Bank Negara Malaysia Governor Zeti at the InvestMalaysia conference. The Governor doubted the basis of possible downgrade on Malaysia s credit rating, 1.0% 0.0% 3YR 5YR 10YR MGS Yields (31 March 2015) MGS Yields (30 April 2015) MGS Yield Movement (31 March April 2015) Source: Bloomberg 0.00% 0.04% 0.00% STRATEGY: Our fundamental views on Asian credits remain positive due to the continued liquidity in the financial markets. However, higher US treasury yields may exert pressure onto the regional and domestic markets. The Manager is maintaining lower cash levels for portfolios. 02 MAY 2015 I FUNDamentals

3 MARKET UPDATE I monthly review and outlook GLOBAL COMMODITIES Percentage Return (%) Global Commodities - Percentage Returns (end March 15 - end April 15) Commodity prices rose slightly over the month, with the Dow Jones-UBS Commodity Index rising 2.0%. Crude oil reported gains of over 20% for the month due to tightening of supply. After iron ore prices dipped to $46.70 per ton at the start of April, we observe a gain of 23%, an increase of $11 a ton in iron ore prices for it to trade at $57 a ton for immediate delivery to the port of Tianjin Oil prices hit the highest this year during the closing days of April 2015 after the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting to ease Futures of Brent crude finished up $1.20 at $65.84 after hitting its year high at $66.72 Dow Jones-UBS Commodity Index (MYR) Bloomberg WTI Cushing Crude Oil Spot Index (MYR) Gold Spot (USD/oz) Dow Jones-UBS Industrial Metals TR Sub-Index (MYR) Spot gold fell on Wednesday (April 29) to a session low of $ , extending the session's losses after the U.S. Federal Reserve signaled it was taking a meeting-by-meeting approach on when to raise interest rates Source: Bloomberg The softer dollar should boost gold prices, as it makes it cheaper for holders of other currencies. We remain cautious however; due to expectations of the U.S. economy to improve, which would dent the appeal of gold, a non-interest bearing asset. STRATEGY: Price pressures are expected to continue for the commodity sector given the impending strength of the USD, and the slower global growth environment. GLOBAL THEMES: REITs & INFRASTRUCTURE Despite the loosening of monetary policies by Asian central banks, the Bloomberg Asian REITs Index dipped 1.3%, in spite of lower borrowing costs. This was not the case with Asia s infrastructure sector, as gauged by the MSCI AC Asia (ex Japan) Infrastructure Index which rose by 1.5% over the month. 2.0 REITs & Infrastructure - Percentage Returns (end March 15- end April 15) 1.5 Talks of a hike in Singapore s interest rate have clouded investor s sentiment for S-REITs. Analysts have suggested that the days of cheaper financing are reaching their end, though S-REITs are financially well-positioned to weather moderate hikes. The media recently reported that the goods and services tax (GST) will not be imposed on commercial units with rentals of below RM500,000 annually, which is positive news to retail REITs. REITs like IGB, Pavilion and Capita Malls Malaysia are expected to benefit from this owing to their large exposure to retail segment. Japan s finance ministry has announced that they will increase investment into Asian REITs. As investors globally continue on a search for yield, REITs present an investment opportunity as they present decent returns. Infrastructure will continue to be a focus area in the Emerging Asia region as there is much more to be done and is an area to drive economic growth. Percentage Return (%) Bloomberg Asia REIT Index MSCI AC Asia (ex Japan) Infrastructure Index Source: Bloomberg 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. 03 MAY 2015 I FUNDamentals

4 Content Market Update: Monthly Review & Outlook 1-3 Fund Risk Classification 43 Affin Hwang's Recommended Funds 07 Fund Factsheets Absolute Return Fund II 35 Japan Growth Fund 32 Absolute Return Fund III 36 PRS Conservative Fund 10 Aiiman Growth Fund 29 PRS Growth Fund 08 Aiiman Income Plus Fund 31 PRS Moderate Fund 09 Aiiman PRS Shariah Growth Fund 11 Select AUD Income Fund (AUD Class) 21 Aiiman Select Income Fund 30 Select AUD Income Fund (RM Class) 22 ASEAN Flexi Fund 13 Select Asia (ex Japan) Opportunity Fund 14 China Growth Fund 33 Select Asia (ex Japan) Quantum Fund 12 Enhanced Deposit Fund 28 Select Asia Pacific (ex Japan) Balanced Fund 19 Fixed Maturity Income Fund V 37 Select Asia Pacific (ex Japan) Dividend Fund 17 Fixed Maturity Income Fund VI 37 Select Asia Pacific (ex Japan) REITS and Infrastructure Fund 16 Fixed Maturity Income Fund VII 38 Select Balanced Fund 20 Fixed Maturity Income Fund VIII 38 Select Bond Fund (RM Class) 26 Fixed Maturity Income Fund IX 39 Select Bond Fund (USD Hedged-Class) 27 Fixed Maturity Income Fund X 39 Select Dividend Fund 18 Fixed Maturity Income Fund XI 40 Select Income Fund 25 Fixed Maturity Income Fund XII 40 Select Opportunity Fund 15 Fixed Maturity Income Fund XIII 41 Select SGD Income Fund (RM Class) 23 Fixed Maturity Income Fund XIV 41 Select SGD Income Fund (SGD Class) 24 Global Commodity Fund 34 Structured Income Fund VIII 42 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 04

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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 07 Asset Management

8 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 30 April 2015* Performance Table as at 30 April 2015* Affin Hwang Private Retirement Scheme : Month 1 Year 3 Year Inception Fund Fund Category : 125 PRSG Core (Growth) : 120 : % FTSE Bursa Malaysia Top Year 3 Year 5 Year Inception 100 Index + 35% MSCI AC Asia Fund ex Japan Index + 30% Maybank : Month FD rate : 100 : 95 : Nov 12 Mar 13 Jul 13 Dec 13 Apr 14 Aug 14 Dec 14 Apr 15 Calendar Year Year To 02 November 2012 / RM0.50 : : November 2012 to April 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. 31 July Top Holdings as at 30 April 2015* Income Distribution History Affin Hwang Select Bond Fund 29.3% Gross Distribution Yield Subscription Affin Hwang Select Asia (ex Japan) Quantum 20.2% (sen) (%) Cash Fund Affin Hwang Select Asia (ex Japan) Opportunity 18.5% Sales Charge Fund Distribution Policy : Distribution of income, if any, would be on annual basis Not applicable Affin Hwang Select Opportunity Fund 15.6% Affin Hwang Japan Growth Fund 5.3% Redemption Charge 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 30 April 2015* Equities 59.6% Country Allocation of Underlying Asset as at 30 April 2015* Malaysia China 13.1% 31.5% 1.8% per annum Fixed Income Instruments 30.8% Singapore Others 8.9% 8.8% Minimum Investment RM100 Minimum Subsequent Investment RM50 Money Market Instruments 0.4% 9.2% Hong Kong Indonesia Japan Korea Philippines 5.5% 5.4% 4.7% 4.5% 8.5% 9.2% RM45.3 million RM * The data provided above is that of the Fund and is a percentage of NAV 30 April 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. 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. 08 MAY 2015 I FUNDamentals

9 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 30 April 2015* Performance Table as at 30 April 2015* Affin Hwang Private Retirement Scheme : Month 1 Year 3 Year Inception Fund Fund Category : Core (Moderate) : 120 PRSM : % FTSE Bursa Malaysia Top 1 Year 3 Year 5 Year Inception Index + 30% Dow Fund Jones/Asia Pacific Select : Dividend 30 Index + 40% Maybank 12-Month FD Rate 02 November 2012 / RM0.50 : : 100 : Calendar Year Year To 95 : Nov 12 Mar 13 Jul 13 Dec 13 Apr 14 Aug 14 Dec 14 Apr 15 : Fund : November 2012 to April 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. Top Holdings as at 30 April 2015* Income Distribution History 31 July Affin Hwang Select Bond Fund 28.0% Gross Distribution Yield Affin Hwang Select Dividend Fund 20.3% (sen) (%) Subscription Affin Hwang Select Asia (ex Japan) Opportunity 19.6% Cash Fund Affin Hwang Asia Pacific (ex Japan) Select 19.5% Distribution Policy : Distribution of income, if any, would be on semi-annual Sales Charge Balanced Fund basis Not applicable Affin Hwang Select Balanced Fund 11.6% Redemption Charge Not applicable Asset Allocation of Underlying Asset as at 30 April 2015* Country Allocation of Underlying Asset as at 30 April 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% 10.5% 41.5% 47.6% Malaysia China Hong Kong Indonesia Singapore Thailand Others Philippines Korea 7.7% 6.5% 5.8% 4.7% 4.7% 4.5% 3.8% 14.6% 37.2% Minimum Subsequent Investment RM % RM16.7 million RM * The data provided above is that of the Fund and is a percentage of NAV 30 April 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. 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. 09 MAY 2015 I FUNDamentals

10 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 30 April 2015* Performance Table as at 30 April 2015* Affin Hwang Private Retirement Scheme : 1 Month 1 Year 3 Year Inception 115 Fund Fund Category : PRSC Core (Conservative) : 110 : Maybank 12-Month Fixed Year 3 Year 5 Year Inception Deposit Rate Fund : : November 2012 / RM0.50 : : Calendar Year Year To : 95 : Nov 12 Mar 13 Jul 13 Dec 13 Apr 14 Aug 14 Dec 14 Apr 15 Fund July : November 2012 to April 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 30 April 2015* Income Distribution History Cash Affin Hwang Aiiman Income Plus Fund 41.0% Gross Distribution Yield Affin Hwang Aiiman Growth Fund 19.1% (sen) (%) Sales Charge Affin Hwang Enhanced Deposit Fund 11.4% Not applicable 0% RHB Capital Bhd ( ) 8.8% % BGSM Management SB ( ) 5.9% 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 30 April 2015* Fixed Income Instruments 53.3%. 1.3% per annum Minimum Investment RM100 Minimum Subsequent Investment RM50 RM5.7 million RM Money Market Instruments Equities 9.9% 20.5% 16.3% * The data provided above is that of the Fund and is a percentage of NAV 30 April 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. 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. 10 MAY 2015 I FUNDamentals

11 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 30 April 2015* Performance Table as at 30 April 2015* Affin Hwang Private Retirement Scheme : 1 Month 1 Year 3 Year Inception 145 Fund Fund Category : APRSSG Feeder (Equity) : 135 : 125 Inception FTSE Bursa Malaysia Emas Shariah Index 02 November 2012 / RM Year 3 Year 5 Year Fund : : 105 : : Calendar Year Year To : July Nov 12 Mar 13 Jul 13 Dec 13 Apr 14 Aug 14 Dec 14 Apr 15 : Fund : November 2012 to April 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 Target Fund Holding as at 30 April 2015* Income Distribution History Cash Affin Hwang Aiiman Growth Fund 99.3% Gross Distribution (sen) Yield (%) Sales Charge Not applicable Redemption Charge Not applicable 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 30 April 2015* Equities 99.3%. 1.8% per annum Minimum Investment RM % Minimum Subsequent Investment RM50 RM24.5 million RM * The data provided above is that of the Fund and is a percentage of NAV 30 April 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. 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. 11 MAY 2015 I FUNDamentals

12 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 1 Month 1 Year 3 Year Inception 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 May 04 Jul 06 Sep 08 Nov 10 Feb 13 Apr 15 Calendar Year Year To Fund May 2004 to April 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 December well as up. Past performance is not indicative of future performance. 300 Max 5.5% of the NAV per unit Top Holdings as at 30 April 2015* Income Distribution History Subscription Equities % Gross Distribution Yield Cash Del Monte Pacific Ltd 5.8% (sen) (%) ifast Corp Ltd 4.4% Kolao Holdings 4.0% % per annum Allianz Malaysia Bhd 3.6% Berjaya Food Bhd 3.5% Minimum Investment IKang Healthcare Group Inc 3.5% Distribution Policy : Incidental RM1,000 Capitaretail China Trust Religare Health Trust 3.5% 3.5% Minimum Subsequent Tune Ins Holdings Bhd 3.1% Investment Aeon Credit Service M Bhd 3.0% RM100 Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* As at 30 April 2015 RM164.5 million RM Overall rating** Financials Consumer Services Consumer Goods Industrials Oil & Gas Health Care Technology 1.1% 5.1% 4.2% 8.0% 14.9% 24.7% 27.9% Malaysia Singapore Philippines China Korea Indonesia 5.7% 3.7% 10.5% 7.9% 17.5% 39.5% Utilities 0.7% Hong Kong 1.7% 13.4% 13.4% * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 31 March 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. 12 MAY 2015 I FUNDamentals

13 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 Inception 50% FTSE/ASEAN 40 Index (for equity investments) + 50% JACI Investment Grade Index (for fixed income investments) 1 Year 3 Year 5 Year Inception 8 September 2014 / RM0.50 Calendar Year Year To Date November Top Holdings as at 30 April 2015* Income Distribution History Max 5.5% of the NAV per unit Issuer Coupon % 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 5.0% Minimum Investment Wilmar International Ltd 4.0% RM1,000 Capitaland Ltd 3.2% Philippine Long Distance Tel 3.1% Minimum Subsequent Air Asia Berhad 2.9% Investment RM100 Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* 1.0% of the NAV per Unit for any investment within the first 6 months. RM132.1 million RM Financials Consumer Services Consumer Goods Telecommunications Industrials 18.5% 14.0% 11.1% 7.9% 5.9% 28.6% Malaysia Singapore Philippines Indonesia Thailand 13.7% 9.7% 5.5% 28.1% 27.6% Health Care 0.6% Hong Kong 1.9% 13.4% 13.4% Credit Profile as at 30 April 2015* BBB^^ 67.6% B^^ 25.2% BB^^ 7.2% ^^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 30 April 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. 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. 13 MAY 2015 I FUNDamentals

14 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 30 April 2015* Performance Table as at 30 April 2015* Equity Month 1 Year 3 Year Inception Fund Type Fund Growth MSCI AC Asia ex Japan Index 130 SAOF 1 Year 3 Year 5 Year Inception 110 Fund July 2006 / RM Calendar Year Year To Aug 06 May 08 Jan 10 Oct 11 Jul 13 Apr 15 August 2006 to April 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 30 April 2015* Income Distribution History Subscription Equities % Gross Distribution Yield Cash Allianz Malaysia Bhd 4.6% (sen) (%) Tencent Holdings Ltd 4.5% Dah Sing Banking Group Ltd 3.1% 1.5% per annum HKBN Ltd 3.0% AIA Group Ltd 3.0% (2) Distribution Policy : Incidental Minimum Investment China Life Insurance Co Ltd 2.9% RM1,000 CJ Korea Express Co Ltd 2.6% China Construction Bank Corp 2.6% Minimum Subsequent Amata Corp Pcl 2.5% Investment Capitaland Ltd 2.5% RM100 Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* Financials 42.0% China RM111.1 million Technology Industrials 12.3% 11.1% Hong Kong Malaysia 12.6% 10.5% Consumer Services 9.5% Thailand 8.5% RM Korea 7.9% Consumer Goods 7.0% Singapore 6.9% Health Care 5.7% Indonesia 5.9% Utilities 1.6% Taiwan 5.6% Telecommunications 1.2% Others 3.1% 9.6% 9.6% 29.4% * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 14 MAY 2015 I FUNDamentals

15 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 Month 1 Year 3 Year Inception Fund Type Fund Growth SOF 490 FTSE Bursa MalaysianTop 100 Index (FBM100) Year 3 Year 5 Year Inception 290 Fund September 2001 / RM Sep 01 Dec 03 Apr 06 Jul 08 Oct 10 Jan 13 Apr 15 Calendar Year Year To September 2001 to April 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. 31 July Top Holdings as at 30 April 2015* Income Distribution History (past 10 years) Cash Sales Equities % Gross Distribution Yield Max 5.5% of the NAV per unit QL Resources Bhd 4.9% (sen) (%) EPF Sales Hong Leong Bank Bhd 4.2% Max 3.0% of the NAV per unit Axiata Group Bhd 3.7% Tune Ins Holdings Bhd 3.6% Subscription Air Asia Bhd 3.5% Cash / EPF Malaysia Airports Holdings Bhd 3.3% Digi.Com Bhd 3.3% Tencent Holdings Ltd 3.2% % per annum Berjaya Food Bhd 3.2% Eleven Malaysia Holdings Bhd 2.8% Minimum Investment RM1,000 Distribution Policy : Distribution of income, if any, would be on annual basis Minimum Subsequent Investment Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* RM100 Financials 33.0% Malaysia Consumer Services 16.2% China 6.8% Industrials 15.5% Singapore 6.6% Consumer Goods 10.0% Hong Kong 3.5% RM708.0 million Telecommunications 7.0% RM Overall rating** Technology Utilities Oil & Gas Health Care 2.3% 2.1% 1.7% 4.4% 7.9% Korea Indonesia Philippines 3.5% 2.4% 2.4% 7.9% 66.9% * The data provided above is that of the Fund and is a percentage of NAV as at 30 April 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. 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 31 March 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. 15 MAY 2015 I FUNDamentals

16 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 1 Month 1 Year 3 Year Inception 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 Aug 12 Dec 13 Apr 15 Calendar Year Year To May 2007 to April 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 Fund well as up. Past performance is not indicative of future performance April Top Holdings as at 30 April 2015* Income Distribution History Equities Gross Distribution Yield Max 5.5% of the NAV per Unit SK Telekom Co Ltd 5.3% (sen) (%) Tenaga Nasional Bhd 5.0% Subscription Mapletree Greater China 4.5% Cash Capitaretail China Trust 4.4% Metro Pacific Investment Corp 4.2% Sunway REIT 4.1% Distribution Policy : Distribution of income, if any, would be on annual 1.8% per annum Fortune REIT 3.9% basis China Resources Land Ltd 3.8% Minimum Investment IGB REIT 3.4% RM1,000 Megaworld Corp 3.4% Minimum Subsequent Investment Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* RM100 Financials 45.7% Malaysia Industrials 17.0% China Singapore Telecommunications 11.0% Philippines Utilities 9.1% RM125.8 million Thailand RM Oil & Gas Technology 2.9% 2.5% Indonesia Hong Kong 7.7% 6.4% 9.1% 11.7% 15.4% 17.7% 15.6% Health Care 0.8% Korea 5.3% 10.9% 10.9% * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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. 16 MAY 2015 I FUNDamentals

17 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 Inception Dow Jones Asia / Pacific Select Dividend 30 Index 1 Year 3 Year 5 Year Inception 8 December 2014 / RM0.50 Calendar Year Year To 31 August Max 5.5% of the NAV per Unit Top Holdings as at 30 April 2015* Income Distribution History Equities Subscription HKBN Ltd 4.0% Cash Taiwan Semiconductor Manufac 3.1% Tenaga Nasional Bhd 3.1% Dah Sing Banking Group Ltd 3.0% 1.85% per annum Telekom Malaysia Bhd 3.0% Great Eastern Holdings Ltd 2.6% Minimum Investment China Construction Bank Corp 2.4% RM1,000 Phoenix Healthcare Grp Co Ltd 2.2% DBS Group Holdings Ltd 2.2% Minimum Subsequent Cheung Kong Infrastructure 2.2% Investment RM % of the NAV per Unit for any investment within the first 6 months. RM206.3 million RM Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* Financials Technology Telecommunications Utilities Consumer Goods Industrials Health Care Oil & Gas Consumer Services 2.3% 1.0% 0.3% 6.8% 4.9% 4.5% 11.2% 10.6% 17.2% 41.3% Distribution Policy : Distribution of income, if any, would be on semi-annual basis. China Singapore Hong Kong Malaysia Australia Thailand Taiwan Philippines Korea Indonesia 0.1% 3.5% 3.3% 7.0% 6.2% 8.1% 11.1% 15.1% 14.3% 14.2% 17.2% * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 17 MAY 2015 I FUNDamentals

18 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 Month 1 Year 3 Year Inception Fund Type Fund Income & Growth SDF 70% FTSE Bursa Malaysia Top Index + 30% Dow Jones/Asia 1 Year 3 Year 5 Year Inception Pacific Select Dividend 30 Index 120 Fund March 2011 / RM Calendar Year Year To Apr 11 Apr 12 Apr 13 Apr 14 Apr 15 April 2011 to April 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. 30 September Top Holdings as at 30 April 2015* Income Distribution History Equities % Gross Distribution Yield Cash Sales Tenaga Nasional Bhd 8.3% (sen) (%) Max 5.5% of the NAV per Unit Malayan Banking Bhd 5.0% EPF Sales Allianz Malaysia Bhd 4.8% Max 3.0% of the NAV per Unit IJM Corporation Bhd 4.6% Axiata Group Bhd 4.1% Subscription Public Bank Bhd 3.3% Distribution Policy : Distribution of income, if any, would be on semiannual Cash / EPF Telekom Malaysia Bhd 3.2% basis Hong Leong Financial Group Bhd 3.2% Berjaya Auto Bhd 3.2% 1.5% per annum Reach Energy Bhd 3.1% Minimum Investment RM1,000 Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* Minimum Subsequent Investment RM100 RM223.4 million RM Financials Telecommunications Utilities Industrials Consumer Goods Consumer Services Technology Other Oil & Gas 10.6% 9.5% 9.5% 9.3% 5.8% 3.8% 3.3% 3.1% 11.7% 33.4% Malaysia China Thailand Philippines Indonesia Korea Singapore Hong Kong 7.5% 4.4% 2.8% 2.8% 2.0% 1.7% 1.2% 11.7% 66.0% Overall rating** * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 31 March 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. 18 MAY 2015 I FUNDamentals

19 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 1 Month 1 Year 3 Year Inception Fund Type Growth and Income 50% MSCI AC Asia Pacific ex Japan Index + 50% JACI Investment Grade Index 8 December 2014 / RM Year 3 Year 5 Year Inception Calendar Year Year To 30 April Top Holdings as at 30 April 2015* Income Distribution History Max 5.5% of the NAV per Unit Issuer Coupon % Distribution Policy : Distribution of income, if any, would be on semiannual Subscription Megaworld Corp 6.75% % basis. Cash SM Investments Corp 5.50% % Public Bank Bhd 6.84% % China Mengniu Dairy Co Ltd 3.50% % 1.85% per annum Astra Sedaya Finance PT 2.88% % Minimum Investment Equities % RM1,000 Tencent Holdings Ltd 2.0% China Life Insurance Co Ltd 1.9% Minimum Subsequent Indust & Comm Bank of China 1.5% Investment China Overseas Land & Invest 1.3% RM100 Frasers Centrepoint Ltd 1.2% 1.0% of the NAV per Unit for any investment within the first 6 months. Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* 39.5% Financials 11.5% RM12.3 million Technology Consumer Goods Industrials 5.8% 4.1% 1.9% Others 73.1% RM Consumer Services Telecommunications 1.6% 0.9% Portfolio Yield 3.4% Health Care Utilities 0.9% 0.9% BBB^^ 26.9% Oil & Gas 0.4% Portfolio Duration 2.9 years Coupon (%) 32.5% The Credit Profile above are a percentage of the Fund's fixed income portion only. ^^ rated either by Standard & Poor's or Moody * The data provided above is that of the Fund and is a percentage of NAV 30 April 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. 19 MAY 2015 I FUNDamentals

20 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 Month 1 Year 3 Year Inception 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 Aug 03 Jul 05 Jul 07 Jun 09 May 11 May 13 Apr 15 Calendar Year Year To August 2003 to April 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund 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 June Top Holdings as at 30 April 2015* Income Distribution History (past 10 years) Cash Sales 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% % Edaran SWM Sdn Bhd 4.90% % Subscription BGSM Management SB 7.10% % Cash / EPF Genting Singapore PLC 5.13% % Equities % % per annum Tenaga Nasional Bhd 3.2% QL Resources Bhd 2.7% Minimum Investment Axiata Group Bhd 2.7% RM1,000 Genting Plantations Bhd 2.3% Bank Of China Ltd 2.2% Minimum Subsequent Investment Distribution Policy : Distribution of income, if any, would be on semiannual basis RM100 Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* RM394.6 million Financials Consumer Goods Industrials 6.4% 12.9% 10.9% 44.5% AA Others AAA 15.9% 13.6% 55.5% RM Portfolio Yield 4.2% Consumer Services Other Utilities Oil & Gas 4.8% 4.5% 3.2% 2.8% BBB^^ P1 B^^ 8.9% 2.8% 2.0% Telecommunications 2.7% Portfolio Duration Maturity 3.5 years Cash Coupon & Cash Equivalents Date 7.3% (%) BB^^ 1.2% The Credit Profile above are a percentage of the Fund's fixed income portion only. Overall rating** ^^ rated either by Standard & Poor's or Moody * The data provided above is that of the Fund and is a percentage of NAV 30 April 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. 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 31 March 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. 20 MAY 2015 I FUNDamentals

21 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 Month 1 Year 3 Year Inception 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 March 2011 / AUD Calendar Year Year To Mar 11 Mar 12 Mar 13 Apr 14 Apr 15 March 2011 to April 2015 NAV-NAV prices and assuming reinvestment of distributions into Fund 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 31 August Top Holdings as at 30 April 2015* Income Distribution History Gross Distribution Yield Max 3.0% of the NAV per Unit Issuer Coupon % (cents) (%) Australian Government 3.75% % Subscription Crown Group Finance Ltd 4.50% % Cash Lend Lease Finance Ltd 6.00% % Australian Government 4.75% % 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 Goodman Group 1.5% AUD5,000 Orora Ltd 1.3% CSL Ltd 1.3% Minimum Subsequent Telstra Corporation Ltd 1.2% Investment Transurban Group 1.2% AUD1,000 (2) Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* 1.0% of the NAV per Unit for any investment within the first % months. BBB Financials 5.5% AUD163.0 million Industrials Health Care 5.4% 2.2% A 28.8% 41.4% AUD Portfolio Yield 3.3% Portfolio Duration 4.7 years Oil & Gas Telecommunications Utilities 1.5% 1.2% 1.0% 12.7% AA AAA 15.3% 14.4% 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 30 April 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. 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. 21 MAY 2015 I FUNDamentals

22 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 Month 1 Year 3 Year Inception Fund Type Fund SAUDIF Income & Growth % Reserve Bank of Australia 115 Average Rate of Term Deposits + 1 Year 3 Year 5 Year Inception 20% Dow Jones Australia Select 105 Fund Dividend 30 Index March 2010 / RM0.50 Apr 10 Apr 11 Apr 12 Apr 13 Apr 14 Apr 15 Calendar Year Year To April 2010 to April 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 August Top Holdings as at 30 April 2015* Income Distribution History Gross Distribution Yield Issuer Coupon % (sen) (%) Max 3.0% of the NAV per Unit Australian Government 3.75% % Crown Group Finance Ltd 4.50% % Subscription Lend Lease Finance Ltd 6.00% % Cash Australian Government 4.75% % ICICI Bank Ltd 6.13% % % per annum Equities % (2) Distribution Policy : Distribution of income, if any, would be on semiannual basis Goodman Group 1.5% Minimum Investment Orora Ltd 1.3% RM1,000 CSL Ltd 1.3% Telstra Corporation Ltd 1.2% Minimum Subsequent Transurban Group 1.2% Investment RM100 Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* 1.0% of the NAV per Unit for any 70.5% investment within the first 6 BBB 41.4% months. Financials 5.5% RM47.5 million Industrials Health Care 5.4% 2.2% A 28.8% RM Oil & Gas Telecommunications 1.5% 1.2% AA 15.3% Portfolio Yield Utilities 1.0% AAA 14.4% 3.3% 12.7% Portfolio Duration 4.7 years 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 at 30 April 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. 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 31 March 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. 22 MAY 2015 I FUNDamentals

23 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 Month 1 Year 3 Year Inception Fund Type Fund Income SSGDIF 70% 12-Month Singapore Banks Average FD rate + 30% Singapore's FTSE Straits Times Index 1 Year 3 Year 5 Year Inception Fund August 2012/ RM Calendar Year Year To Aug 12 Jan 13 Jul 13 Dec 13 May 14 Oct 14 Apr 15 August 2012 to April 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 March Top Holdings as at 30 April 2015* Income Distribution History 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% % Danga Capital Bhd 3.73% % 1.5% per annum Equities % Capitaland Ltd 3.5% Minimum Investment Capitaretail China Trust 3.3% RM1,000 Wilmar International Ltd 2.9% Global Logistic Properties Ltd 2.7% Minimum Subsequent ifast Corp Ltd 2.7% Investment RM100 Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* 1.0% of the NAV per Unit for the 60.2% Others^^ first 6 months from the date of investment. Financials 17.9% BBB 25.5% RM273.4 million Past performance is not indicative of future performance. Consumer Goods Consumer Services 7.2% 4.7% (2) Distribution Policy : Distribution of income, if any, would be on semiannual basis AA 15.0% 47.3% RM Portfolio Yield 3.6% Telecommunications Industrials 2.6% 2.4% 5.1% A AAA P1 1.8% 1.2% 9.2% Portfolio Duration 3.8 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 30 April 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. 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. 23 MAY 2015 I FUNDamentals

24 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 Month 1 Year 3 Year Inception Fund Type Fund Income SSGDIF 70% 12-Month Singapore Banks 110 Average FD rate + 30% 1 Year 3 Year 5 Year Inception Singapore's FTSE Straits Times Fund August 2012/ SGD Aug 12 Jan 13 Jul 13 Dec 13 May 14 Oct 14 Apr 15 Calendar Year Year To August 2012 to April 2015 NAV-NAV prices and assuming reinvestment of distributions 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 March Top Holdings as at 30 April 2015* Income Distribution History 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 Capitaland Ltd 3.5% SGD5,000 Capitaretail China Trust 3.3% Wilmar International Ltd 2.9% Minimum Subsequent Global Logistic Properties Ltd 2.7% Investment ifast Corp Ltd 2.7% SGD1,000 (2) 1.0% of the NAV per Unit for any investment within the first 6 months. SGD116.2 million SGD Portfolio Yield 3.6% Portfolio Duration 3.8 years Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* 60.2% Others^^ 47.3% Financials 17.9% BBB 25.5% Consumer Goods 7.2% AA 15.0% Consumer Services 4.7% A 9.2% Telecommunications 2.6% AAA 1.8% Industrials 2.4% P1 1.2% 5.1% 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 30 April 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. 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. 24 MAY 2015 I FUNDamentals

25 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 30 April 2015* Performance Table as at 30 April 2015* Fixed Income Month 1 Year 3 Year Inception (2) Fund Type 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 January 2005 / RM Jan 05 Jul 06 Jan 08 Jun 09 Dec 10 May 12 Nov 13 Apr 15 Calendar Year Year To January 2005 to April 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. Fund Past performance is not indicative of future performance December Top Holdings as at 30 April 2015* Income Distribution History (past 10 years) Gross Distribution Yield Issuer Coupon % (sen) (%) Max 3.0% of the NAV per unit Genting Singapore PLC 5.13% % Sompo JP Insurance Inc 5.33% % Subscription SBB Capital Corp 6.62% % Cash Malayan Banking Bhd 3.25% % LS Finance Ltd 4.25% % % per annum Equities % Allianz Malaysia Bhd 1.5% Minimum Investment Tenaga Nasional Bhd 1.5% RM1,000 AIA Group Ltd 1.0% Metro Pacific Investment Corp 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 30 April 2015* Currency Exposure as at 30 April 2015* 69.4% Malaysia Ringgit 29.4% As at 30 April 2015 RM1,103.5 million RM Portfolio Yield 4.4% Portfolio Duration 3.0 years 195 Financials Utilities Consumer Goods Telecommunications Health Care Technology Industrials Consumer Services 2.5% 2.5% 2.5% 1.9% 1.4% 1.3% 0.3% 10.9% 7.3% US Dollar Hong Kong Dollar Others Indonesia Rupiah Singapore Dollar Australia Dollar 3.3% 9.4% 2.5% 7.9% 3.2% 3.4% 2.5% 0.1% 3.7% 14.5% 24.0% 43.4% 52.7% Overall rating** Before Hedging After Hedging 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 30 April 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. 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 31 March 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. 25 MAY 2015 I FUNDamentals

26 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 1 Month 1 Year 3 Year Inception Fund Type 195 (2) Fund Income JP Morgan Asia Credit Investment 155 SBOF Grade Index 1 Year 3 Year 5 Year Inception 135 Fund July 2003 / RM Aug 03 Jul 05 Jul 07 Jun 09 May 11 May 13 Apr 15 Calendar Year Year To August 2003 to April 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 June Top Holdings as at 30 April 2015* Income Distribution History (past 10 years) Max 2.0% of the NAV per unit Gross Distribution Yield Issuer Coupon % (sen) (%) Subscription Standard Chartered PLC 6.50% % Cash PTT Exploration & Prod 4.88% % Royal Capital B.V. 6.25% % Malayan Banking Bhd 3.25% % % per annum Travellers Int Hotel Gp Inc 5.75% % Pertamina PT 6.50% % Minimum Investment Shimao Property Hldgs Ltd 8.13% % RM1,000 Theta Capital Pte Ltd 6.13% % LS Finance Ltd 4.25% % Minimum Subsequent Genting Singapore PLC 5.13% % Investment RM100 Distribution Policy : Distribution of income, if any, would be on quarterly basis Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* Banks 22.8% BBB^^ 28.3% Real Estate 16.7% Others 23.9% Consumer Services 16.5% BB^^ 21.1% Oil & Gas 10.6% A^^ 5.1% RM485.0 million Others AA^^ 7.9% 4.2% Industrials 6.1% AAA^^ 4.1% RM Government 5.8% AA 3.5% Portfolio Yield Financial Services 4.7% B^^ 2.3% 4.8% Utilities 3.5% AAA 2.1% Cash 5.4% Portfolio Duration 5.4% 3.8 years ^^Foreign bonds rated either by Standard & Poor's or Moody's Currency Exposure as at 30 April 2015* Before Hedging After Hedging Overall rating** Malaysia Ringgit 22.5% 69.2% US Dollar 61.4% 26.8% Indonesia Rupiah 4.0% 3.9% Singapore Dollar 7.7% 0.1% Australian Dollar 4.4% * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 31 March 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. 26 MAY 2015 I FUNDamentals

27 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 30 April 2015* Performance Record as at 30 April 2015* Bond 1 Month 1 Year 3 Year Inception 125 Fund Type Fund Income JP Morgan Asia Credit Investment Grade Index Year 3 Year 5 Year Inception Fund July 2013 / USD SBOF 95 Jul 13 Oct 13 Feb 14 May 14 Sep 14 Dec 14 Apr 15 Calendar Year Year To July 2013 to April 2015 NAV-NAV prices and assuming reinvestment of distributions into Fund 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 30 April 2015* Income Distribution History Max 2.0% of the NAV per Unit Gross Distribution Yield Issuer Coupon % (cents) (%) Subscription Standard Chartered PLC 6.50% % Cash PTT Exploration & Prod 4.88% % Royal Capital B.V. 6.25% % (2) Distribution Policy : Distribution of income, if any, would be on quarterly Malayan Banking Bhd 3.25% % basis 1.0% per annum Travellers Int Hotel Gp Inc 5.75% % Pertamina PT 6.50% % Minimum Investment Shimao Property Hldgs Ltd 8.13% % USD5,000 Theta Capital Pte Ltd 6.13% % LS Finance Ltd 4.25% % Minimum Subsequent Genting Singapore PLC 5.13% % Investment USD1,000 Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* Banks Real Estate 16.7% 22.8% BBB^^ Others 23.9% 28.3% USD3.3 million USD Consumer Services Oil & Gas Others Industrials Government 6.1% 5.8% 7.9% 10.6% 16.5% BB^^ A^^ AA^^ AAA^^ AA 5.1% 4.2% 4.1% 3.5% 21.1% Portfolio Yield 4.8% Portfolio Duration 3.8 years Financial Services Utilities 4.7% 3.5% 5.4% B^^ AAA Cash 2.3% 2.1% 5.4% Currency Exposure as at 30 April 2015* Before After Hedging Hedging Malaysia Ringgit 22.5% 69.2% US Dollar 61.4% 26.8% Indonesia Rupiah 4.0% 3.9% Singapore Dollar 7.7% 0.1% Australian Dollar 4.4% ^^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 30 April 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. 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. 27 MAY 2015 I FUNDamentals

28 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 1 Month 1 Year 3 Year Inception 145 Fund Type Fund Income AHEDF Maybank Overnight Repo Rate Year 3 Year 5 Year Inception 115 Fund April 2005 / RM Calendar Year Year To Apr 05 Dec 06 Aug 08 Apr 10 Dec 11 Aug 13 Apr 15 April 2005 to April 2015 NAV-NAV prices and assuming reinvestment of Fund April 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. Credit Profile as at 30 April 2015* Income Distribution History Subscription Gross Distribution Yield Cash / EPF (sen) (%) AA 14.6% % per annum P1 10.3% Minimum Investment Others 3.5% RM10, AAA 3.5% Minimum Subsequent Investment Cash 68.1% RM10, Maturity Profile as at 30 April 2015* 105 Distribution Policy : Distribution of income, if any, would be on monthly basis At as 30 April 2015* RM144.9 million 0-3 months 6-9 months 24.2% 44.5% RM months 23.6% Portfolio Yield 4.1% Portfolio Duration 132 days months 9-12 months 4.2% 3.5% * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 31 March 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. 28 MAY 2015 I FUNDamentals

29 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 1 Month 1 Year 3 Year Inception Fund Type 590 Fund Growth AGF FBM Emas Shariah Index Year 3 Year 5 Year Inception 290 Fund October 2002 / RM Oct 02 Nov 04 Dec 06 Jan 09 Feb 11 Mar 13 Apr 15 Calendar Year Year To October 2002 to April 2015 NAV-NAV prices and assuming reinvestment of 31 August distributions into the Fund, gross investment based in RM. The value of Units may Fund 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 Top Holdings as at 30 April 2015* Income Distribution History (past 10 years) Max 5.5% of the NAV per Unit Equities % Gross Distribution Yield for sales by IDC & UTC Tenaga Nasional Bhd 7.7% (sen) (%) EPF Sales IJM Corporation Bhd 4.7% Max 3.0% of the NAV per Unit Genting Plantations Bhd 4.0% Axiata Group Bhd 3.9% Subscription Telekom Malaysia Bhd 3.8% Cash / EPF QL Resources Bhd 3.7% Gamuda Bhd 3.6% Digi.com Bhd 3.4% % per annum WCT Holdings Bhd 3.1% Westports Holdings Bhd 3.0% Minimum Investment RM1,000 (2) Distribution Policy : Distribution of income, if any, would be on annual basis Minimum Subsequent Investment RM100 RM474.7 million RM Sector Allocation as at 30 April 2015* Industrials Financials^ 15.8% Telecommunications 11.1% Consumer Goods 10.6% Utilities 7.7% Technology 6.8% Oil & Gas 4.1% Consumer Services 3.6% 21.5% Overall rating** Other 3.5% 15.3% ^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 30 April 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. 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 31 March 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. 29 MAY 2015 I FUNDamentals

30 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 Month 1 Year 3 Year Inception Fund Type Fund Income 115 ASIF % 12-month Maybank General Investment Account (GIA) + 30% FTSE Bursa Malaysia EMAS Shariah Index (FBMSHA) 1 Year 3 Year 5 Year Inception Fund Calendar Year Year To 1 March 2013 / RM0.50 March 2013 to April 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. Fund Past performance is not indicative of future performance March Top Holdings as at 30 April 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 2.6% Minimum Investment WCT Holdings Bhd 1.9% RM1,000 Digi.Com Bhd 1.7% Telekom Malaysia Bhd 1.5% Minimum Subsequent Gamuda Bhd 1.5% Investment RM100 RM130.2 million RM Portfolio Yield 4.2% Portfolio Duration 3.3 years Mar 13 Jul 13 Nov 13 Apr 14 Aug 14 Dec 14 Apr 15 Distribution Policy : Distribution of income, if any, would be on semiannual basis Sector Allocation as at 30 April 2015* Currency Exposure as at 30 April 2015* Sukuk Industrials Telecommunications Technology Consumer Goods Financials Utilities Consumer Services 4.1% 4.0% 2.6% 0.6% 8.8% 7.9% 5.6% 5.8% 60.7% Ringgit Malaysia Singapore Dollar Indonesia Rupiah New Taiwan Dollar Hong Kong Dollar Thai Baht Philippine Peso Australia Dollar US Dollar Others 3.9% 3.0% 1.6% 0.7% 0.6% 0.5% 0.5% 0.5% 5.4% 83.7% 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 30 April 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. 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 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. 30 MAY 2015 I FUNDamentals

31 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 Month 1 Year 3 Year Inception Fund Type Fund 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 Aug 12 Apr 15 Calendar Year Year To July 2004 to April 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 performance is not indicative of future performance August Cash Sales Top Holdings as at 30 April 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 Bumitama Agri Ltd 5.00% % Edaran SWM SB 5.00% % Subscription Al-'Aqar Capital SB 4.35% % Cash / EPF Kesas Sdn Bhd 4.47% % Axis REIT Sukuk Bhd 4.50% % M'sia Govt Invt Issue 3.99% % % per annum BGSM Management SB 4.90% % GII 4.19% % Minimum Investment GULF Investment Corp 5.25% % RM1,000 Tanjung Bin Power SB 4.66% % Distribution Policy : Distribution of income, if any, would be on quarterly Minimum Subsequent basis Investment RM100 Sector Allocation as at 30 April 2015* Credit Profile as at 30 April 2015* (2) Industrials Utilities 19.5% 34.2% AA 68.2% RM268.6 million RM Portfolio Yield 4.4% Portfolio Duration 4.7 years Real Estate Financial Services Government Consumer Goods Telecommunications Oil & Gas Banks 1.8% 1.3% 0.8% 2.8% 11.0% 10.8% 9.1% 8.7% AAA SOV Others Cash 16.1% 9.1% 3.8% 2.8% Overall rating** * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 31 March 2015, the Volatility Factor (VF) for this Fund is 1.0 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 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. 31 MAY 2015 I FUNDamentals

32 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 1 Month 1 Year 3 Year Inception Fund Type 140 Fund (%) Growth (%) SJQF TOPIX (Tokyo Stock Price Index) 120 Return Index 1 Year 3 Year 5 Year Inception 110 Fund (%) External Fund Manager (%) Nikko Asset Management Co. Ltd Mar 14 May 14 Aug 14 Oct 14 Dec 14 Feb 15 Apr 15 Calendar Year Year To 3 March 2014 / RM0.50 March 2014 to April 2015 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units Fund (%) may go down as well as up. Past performance is not indicative of future performance. (%) Last day of February Top 10 Holdings as at 30 April 2015* Sector Allocation as at 30 April 2015* Max 5.5% of the NAV per Unit Equities % Toyota Motor Corp 5.2% Mitsubishi UFJ Fin Group Inc 2.7% ESPEC Corp 1.8% Subscription Sac'S Bar Holdings Inc 1.7% Cash Sumitomo Mitsui Financial Gp 1.5% Taihei Dengyo Kaisha Ltd 1.4% Riken Keiki Co Ltd 1.4% 1.8% per annum Senshu Electric Co Ltd 1.3% Mitsubishi Electric Corp 1.3% Minimum Investment Mitsui Fudosan Co Ltd 1.3% RM1,000 Minimum Subsequent Investment RM100 Industrials Consumer Goods Financials Consumer Services Basic Materials Technology Health Care Utilities Telecommunications Oil & Gas 1.8% 1.8% 1.6% 0.6% 2.7% 5.6% 8.0% 12.5% 17.2% 16.7% 31.5% 1.0% of the NAV per Unit within the first 6 months from the date of investment Income Distribution Incidental RM166.2 million RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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 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. 32 MAY 2015 I FUNDamentals

33 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) Month 1 Year 3 Year Inception Fund Type Fund Growth Target Fund Manager Citigroup First Investment 150 AHCGF Management Limited Year 3 Year 5 Year Inception Target Fund Sub-Manager Fund China Asset Management (Hong Kong) Limited 90 Target Fund China Select Fund 70 Jul 11 Jun 12 May 13 May 14 Apr 15 Calendar Year Year To July 2011 to April 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 31 March 2015# Asset Allocation as at 31 March 2015** Equities China Select Fund 86.8% Tencent Holdings Ltd 6.4% 13.2% Bank Of China Ltd 5.0% China Life Insurance Co Ltd 4.9% Holitech Technology Co Ltd 3.6% 31 December Bank Of Communications Co Ltd 3.4% **The data provided above are that of the Fund and are a percentage of NAV as at 31 March Max 5.5% of the NAV per Unit Subscription Cash 1.8% per annum Minimum Investment RM30,000 Minimum Subsequent Investment RM10,000 Target Fund Sector Allocation as at 31 March 2015# Target Fund Country Allocation as at 31 March 2015# Financial 25.7% Information Technology 14.9% Hong Kong H-Share 59.9% Industrials 14.5% Consumer Discretionary 11.2% China A-Share 32.4% Others 8.1% Materials 5.9% Others 3.1% Health Care 5.3% Consumer Staples 5.0% Utilities 4.8% 4.6% Income Distribution RM60.3 million RM Overall Morningstar Rating of Target Fund** 4.6% #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 31 March 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 30 April 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 31 March 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. The Fund is not expected to make distribution. Based on the Fund's portfolio returns as at 31 March 2015, the Volatility Factor (VF) for this Fund is 12.9 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 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. 33 MAY 2015 I FUNDamentals

34 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) Month 1 Year 3 Year Inception Fund Type Fund Growth Average of 4 commodity indices Rogers Int Commodity Index 1 Year 3 Year 5 Year Inception 2.S&P GSCI Index 90 Fund Dow-Jones AIG Commodity Index Reuters/Jefferies-CRB Index 70 AHGCF 50 Target Fund Manager Calendar Year Year To Schroder Investment Management Limited 20 August 2007 / RM0.50 Index Performance (%) 130 Sep 07 Dec 08 Mar 10 Jul 11 Oct 12 Jan 14 Apr 15 September 2007 to April 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 31 March 2015# Target Fund Sector Allocation as at 31 March 2015# Security Exposure % WTI Crude 21.1% Natural Gas 10.1% Energy 30 April Gold 9.1% Brent Crude 8.9% Aluminium 4.4% Agriculture 25.0% Max 5.5% of the NAV per Unit 51.2% Subscription Asset Allocation as at 31 March 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 31 March Metals 1.9% 21.9% 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 RM8.0 million RM *The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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 31 March 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 Fund is not expected to make distribution. Based on the Fund's portfolio returns as at 31 March 2015, thevolatility Factor (VF) for this Fund is 14.0 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. 34 MAY 2015 I FUNDamentals

35 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 30 April 2015* Performance Table as at 30 April 2015* Mixed Assets Month 1 Year 3 Year Inception Fund Type Fund Growth 190 AHARFII MSCI World Absolute return of 8% per annum Year 3 Year 5 Year Inception 18 December 2007 / RM Fund MSCI World 40 Jan 08 Mar 09 Jun 10 Sep 11 Nov 12 Feb 14 Apr 15 Calendar Year Year To 31 May January 2008 to April 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 30 April 2015* Country Allocation as at 30 April 2015* Subscription Cash Financials 32.9% China 27.6% 1.0% per annum Performance Fee 20.0% of the increase in the NAV per unit over and above the hurdle value Industrials Consumer Goods Consumer Services Technology Health Care 6.1% 9.0% 8.5% 12.0% 9.9% Malaysia Hong Kong Thailand Indonesia Singapore Australia 4.0% 3.0% 8.4% 7.1% 11.3% 16.4% Minimum Investment RM30,000 Oil & Gas Telecommunications 3.0% 1.7% Philippines Others 2.9% 2.5% Minimum Subsequent Investment RM10, % 16.9% 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 30 April 2015* Equities % Alibaba Group Holding Ltd 4.6% Tencent Holdings Ltd 3.3% Dah Sing Banking Group Ltd 3.2% AIA Group Ltd 3.0% Incidental Caltex Australia Ltd 3.0% Bank Of China Ltd 3.0% HKBN Ltd 2.9% Asiaray Media Group Ltd 2.9% RM104.6 million China Life Insurance Co. Ltd 2.9% Allianz Malaysia Bhd 2.8% RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 31 March 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. 35 MAY 2015 I FUNDamentals

36 Affin Hwang Absolute Return Fund III 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 30 April 2015* Mixed Assets Fund Type Growth Performance Table as at 30 April 2015* 1 Month 1 Year 3 Year Inception Absolute return of 8% per annum 18 November 2014 / RM Year 3 Year 5 Year Inception Calendar Year Year To 30 June Max 2.0% of the NAV per Unit Subscription Cash Sector Allocation as at 30 April 2015* Country Allocation as at 30 April 2015* Financials 39.3% Malaysia 32.5% 1.5% per annum Technology Consumer Services 9.9% 7.8% China Hong Kong 9.3% 24.2% Performance Fee 20.0% of the increase in the NAV per unit over and above the hurdle value Industrials Consumer Goods Health Care 7.5% 7.0% 6.7% Thailand Indonesia Singapore 9.2% 4.4% 3.1% Minimum Investment RM30,000 Utilities Telecommunications 4.8% 4.4% Philippines Taiwan 2.6% 2.1% Minimum Subsequent Investment RM10,000 Cash & Cah Equivalents 12.6% 12.6% 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 30 April 2015* Equities % HKBN Ltd 4.0% Tencent Holdings Ltd 3.8% China Life Insurance Co. Ltd 3.5% IKang Healthcare Group Inc 2.9% Incidental Aeon Credit Service M Bhd 2.9% AIA Group Ltd 2.9% Allianz Malaysia Berhad 2.9% Fraser & Neave Holdings Bhd 2.9% RM42.3 million Bank Of China Ltd 2.9% Tenaga Nasional Bhd 2.9% RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April 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. 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 July to 30 June 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. 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 Information Memorandum (IM) dated 18 November 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 IM 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 IM. Investors should also consider the fees and charges involved. A copy of the PHS and the IM 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 MAY 2015 I FUNDamentals

37 Affin Hwang Fixed Maturity Income Fund V (formerly known as Hwang Fixed Maturity Income Fund V) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type Month 1 Year 3 Year Inception Income Fund Month Maybank Fixed Deposit 115 AHFMIFV Rate September 2012 / RM1.00 Income Distribution History 105 Gross Distribution Yield 18 October (sen) (%) May Sep 12 Feb 13 Jul 13 Dec 13 Jun 14 Nov 14 Apr Max 3.0% of the NAV per Unit Distribution Policy : Distribution of income, if any, would be on annual basis Index Performance (%) September 2012 to April 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. Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date Issuer Coupon % 1st year 3.0% Hong Leong Bank Bhd 4.85% % 2nd year 2.0% LMIRT Cap Pte Ltd 4.88% % 3rd year 1.0% Noble Gp Ltd 4.50% % At maturity ADCB Fin Cayman Ltd 5.20% % Sports Toto M'sia SB 5.50% % RM171.8 million RM % 76.7% Affin Hwang Fixed Maturity Income Fund VI (formerly known as Hwang Fixed Maturity Income Fund VI) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type Month 1 Year 3 Year Inception Income Fund AHFMIFVI Month Maybank Fixed Deposit 115 Rate March 2013/ RM Income Distribution History 100 Gross Distribution Yield 9 April 2016 (sen) (%) 95 Apr 13 Aug 13 Dec 13 Apr 14 Aug 14 Dec 14 Apr May April 2013 to April 2015 NAV-NAV prices and assuming reinvestment of distributions into the Max 3.0% of the NAV per Unit Fund, gross investment based in RM. The value of units may go down as well as up. Past Distribution Policy : Distribution of income, if any, would be on annual performance is not indicative of future performance. basis Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Genting Singapore PLC 5.13% % 98.0% 3rd year 1.0% Hutchison Whampoa 6.00% % At maturity National Australia Bank Ltd 8.00% % Petron Corp 7.50% % 2.0% QBE Capital Funding II LP 6.80% % RM201.1 million RM Index Performance (%) * The data provided above is that of the Fund and is a percentage of NAV 30 April All figures are subject to frequent changes on a daily basis. The total for the Asset Allocation might not add up to 100% due to rounding. 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 Prospectus for Affin Hwang Fixed Maturity Income Fund V dated 24 September 2012 and Affin Hwang Fixed Maturity Income Fund VI dated 25 March 2013 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 Funds may not be suitable for all and if in doubt, investors should seek independent advice. 37 MAY 2015 I FUNDamentals

38 Affin Hwang Fixed Maturity Income Fund VII (formerly known as Hwang Fixed Maturity Income Fund VII) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type Month 1 Year 3 Year Inception Income Fund AHFMIFVII Month Maybank Fixed Deposit Rate May 2013 / RM Income Distribution History Gross Distribution Yield June 2016 (sen) (%) September Jun 13 Nov 13 May 14 Oct 14 Apr 15 Jun 2013 to April 2015 NAV-NAV prices and assuming reinvestment of distributions into the Max 3.0% of the NAV per Unit Fund, gross investment based in RM. The value of units may go down as well as up. Past Distribution Policy : Distribution of income, if any, would be on annual performance is not indicative of future performance. basis Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Genting Singapore PLC 5.13% % 99.3% 3rd year 1.0% Hutchison Whampoa 6.00% % At maturity ICICI Bank Ltd 4.75% % 0.7% SBB Capital Corp 6.62% % QBE Capital Funding II LP 6.80% % RM147.8 million RM Affin Hwang Fixed Maturity Income Fund VIII (formerly known as Hwang Fixed Maturity Income Fund VIII) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type 1 Month 1 Year 3 Year Inception 120 Income Fund Month Maybank Fixed Deposit 115 Rate AHFMIFVIII October 2013 / RM1.00 Income Distribution History 105 Gross Distribution Yield 21 October 2016 (sen) (%) April 95 Oct 13 Feb 14 May 14 Sep 14 Jan 15 Apr 15 Max 3.0% of the NAV per Unit Distribution Policy : Distribution of income, if any, would be on annual basis October 2013 to April 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 Minimum Investment Closed for purchase performance is not indicative of future performance. Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Hutchison Whampoa 6.00% % 96.1% 3rd year 1.0% Greentown China Hldgs Ltd 8.50% % At maturity ABN Amro Bank 4.70% % Standard Chartered PLC 6.41% % 3.9% Parkson Retail Gp Ltd 4.50% % RM211.3 million RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April All figures are subject to frequent changes on a daily basis. The total for Asset Allocation might not add up to 100% due to rounding. 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 Prospectus for Affin Hwang Fixed Maturity Income Fund VII dated 28 May 2013 and Affin Hwang Fixed Maturity Income Fund VIII dated 1 October 2013 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 Funds may not be suitable for all and if in doubt, investors should seek independent advice. 38 MAY 2015 I FUNDamentals

39 Affin Hwang Fixed Maturity Income Fund IX (formerly known as Hwang Fixed Maturity Income Fund IX) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type Month 1 Year 3 Year Inception Income Fund Month Maybank Fixed Deposit Rate AHFMIFIX November 2013 / RM1.00 Income Distribution History 105 Gross Distribution Yield 9 December 2016 (sen) (%) April 95 Dec 13Jan 14Feb 14 Mar 14Apr 14May 14 Jun 14Jul 14Aug 14 Sep 14Oct 14Nov 14 Dec 14 Jan 15Feb 15 Mar 15Apr 15 Max 3.0% of the NAV per Unit Distribution Policy : Distribution of income, if any, would be on annual basis December 2013 to April 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 Minimum Investment Closed for purchase performance is not indicative of future performance. Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Majid Al Futtaim Hldgs LLC 7.13% % 96.5% 3rd year 1.0% Genting Singapore PLC 5.13% % At maturity Standard Chartered PLC 4.00% % Franshion Brilliant Ltd 5.38% % 3.5% ABN Amro Bank 4.70% % RM148.7 million RM Affin Hwang Fixed Maturity Income Fund X (formerly known as Hwang Fixed Maturity Income Fund X) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type Month 1 Year 3 Year Inception Income Fund Month Maybank Fixed Deposit Rate 110 AHFMIFX 8 January 2014 / RM1.00 Income Distribution History 105 Gross Distribution Yield 24 February 2017 (sen) (%) April 95 Feb 14 Apr 14 Jun 14 Aug 14 Oct 14 Dec 14 Feb 15 Apr 15 Max 3.0% of the NAV per Unit Distribution Policy : Distribution of income, if any, would be on annual basis February 2014 to April 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 Minimum Investment Closed for purchase performance is not indicative of future performance. Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Malayan Banking Bhd 3.25% % 96.8% 3rd year 1.0% Genting Singapore PLC 5.13% % At maturity Petron Corp 7.50% % 3.2% Franshion Brilliant Ltd 5.38% % Olam Intl Ltd 5.75% % RM206.3 million RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April All figures are subject to frequent changes on a daily basis. The total for Asset 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 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 for Affin Hwang Fixed Maturity Income Fund IX dated 6 November 2013 and Affin Hwang Fixed Maturity Income Fund X dated 8 January 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 Funds may not be suitable for all and if in doubt, investors should seek independent advice. 39 MAY 2015 I FUNDamentals

40 Affin Hwang Fixed Maturity Income Fund XI (formerly known as Hwang Fixed Maturity Income Fund XI) A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type 1 Month 1 Year 3 Year Inception Income 36-Month Maybank Fixed Deposit Rate 1 July 2014 / RM1.00 Income Distribution History 4 August 2017 Distribution Policy : Distribution of income, if any, would be on annual basis 30 April Max 3.0% of the NAV per Unit Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% PTT Exploration & Prod 4.88% % 99.8% 3rd year 1.0% Greenland HK Hldgs Ltd 4.38% % At maturity Krung Thai Bank PLC 5.20% % SMC Gbl Power Hldgs Corp 7.50% % 0.2% Franshion Brilliant Ltd 5.38% % RM276.9 million RM Affin Hwang Fixed Maturity Income Fund XII A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type 1 Month 1 Year 3 Year Inception Income 36-Month Maybank Fixed Deposit Rate 23 October 2014 / RM1.00 Income Distribution History 17 November 2017 Distribution Policy : Distribution of income, if any, would be on annual basis 30 April Max 3.0% of the NAV per Unit Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% PTT Exploration & Prod 4.88% % 93.9% 3rd year 1.0% Dianjian Haixing Ltd 4.05% % At maturity CLP Power HK Fin Ltd 4.25% % Citic Pacific Ltd 7.88% % 6.1% Korean Reinsurance Co 4.50% % RM284.9 million RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April All figures are subject to frequent changes on a daily basis. The total for Asset 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 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 for Affin Hwang Fixed Maturity Income Fund XI dated 10 June 2014 and Affin Hwang Fixed Maturity Income Fund XII dated 23 October 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 Funds may not be suitable for all and if in doubt, investors should seek independent advice. 40 MAY 2015 I FUNDamentals

41 Affin Hwang Fixed Maturity Income Fund XIII A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type 1 Month 1 Year 3 Year Inception Income 36-Month Maybank Fixed Deposit Rate 12 January 2015 / RM1.00 Income Distribution History 16 February 2018 Distribution Policy : Distribution of income, if any, would be on annual basis 31 May Max 3.0% of the NAV per Unit Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Genting Singapore PLC 5.13% % 92.7% 3rd year 1.0% PTT Exploration & Prod 4.88% % At maturity Longfor Properties Co Ltd 6.88% % Beijing Cap Polaris Inv Co 2.88% % 7.3% Sinochem Global Cap Co Ltd 5.00% % RM218.2 million RM Affin Hwang Fixed Maturity Income Fund XIV A 3-year, closed-ended global bond fund with a principal hold-to-maturity strategy that targets to provide stable levels of annual coupons with the potential for a bonus coupon at Maturity (in MYR terms). Bond (closed-ended) Fund Type 1 Month 1 Year 3 Year Inception Income 36-Month Maybank Fixed Deposit Rate 6 April 2015 / RM1.00 Income Distribution History 20 April 2018 Distribution Policy : Distribution of income, if any, would be on annual basis 31 May Max 3.0% of the NAV per Unit Minimum Investment Closed for purchase Top Holdings as at 30 April 2015* Asset Allocation as at 30 April 2015* From the commencement date 1st year 3.0% Issuer Coupon % 2nd year 2.0% Astra Sedaya Finance PT 2.88% % 44.2% 3rd year 1.0% Franshion Brilliant Ltd 5.38% % At maturity Standard Chartered PLC 6.50% % Studio City Finance Ltd 8.50% % 55.8% Wells Fargo & Com 7.98% % RM230.4 million RM * The data provided above are that of the Fund and are a percentage of NAV as at 30 April All figures are subject to frequent changes on a daily basis. The total for Asset 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 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 for Affin Hwang Fixed Maturity Income Fund XIII dated 12 January 2015 and Affin Hwang Fixed Maturity Income Fund XIV dated 6 April 2015 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 Funds may not be suitable for all and if in doubt, investors should seek independent advice. 41 MAY 2015 I FUNDamentals

42 Affin Hwang Structured Income Fund VIII (formerly known as Hwang Structured Income Fund VIII) A 3-year, closed-ended fund that seeks to provide stable levels of calendar quarterly coupons through structured product investments linked to quality Global corporate credits. Structured Product (closed-ended) Fund Type Month 1 Year 3 Year Inception Income Fund Month Maybank Fixed Deposit Rate August 2013 / RM Income Distribution History AHSTRIFVIII Gross Distribution Yield September 2016 or earlier if an (sen) (%) Early call Event is triggered or occurrence of a Default Event. Sep 13 Dec 13 Apr 14 Aug 14 Dec 14 Apr October Max 3.0% of the NAV per Unit Composition of Underlying Credit Basket Asset Allocation as at 30 April 2015* Minimum Investment 1. Petroleo Brasileiro SA Closed for purchase 5.0% from the commencement date up to the day before the Maturity Date. Not applicable on. RM331.2 million RM September 2013 to April 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. 2. HSBC Bank Plc 3. Temasek Holdings Pte Ltd 4. Crown Ltd 5. Volkswagen Aktiengesellschaft 6. PCCW-HKT Telephone Ltd 7. Reliance Industries Ltd 8. Bank of America Corporation 9. Republic of Indonesia 10. Alliance SE Distribution Policy : Distribution of income, if any, would be on quarterly basis CIMB Structured Product 0.3% 99.7% * The data provided above is that of the Fund and is a percentage of NAV 30 April All figures are subject to frequent changes on a daily basis. The total for Asset Allocation might not add up to 100% due to rounding. 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 Information Memorandum (IM) for Affin Hwang Structured Income Fund VIII dated 15 Augsut 2013 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 IM. Investors should also consider the fees and charges involved. A copy of the PHS and the IM can be obtained at our office or any of our sales offices. The Funds may not be suitable for all and if in doubt, investors should seek independent advice. 42 MAY 2015 I FUNDamentals

43 Fund Risk Classification FUNDS SCORE RISK CATEGORY GROUP Affin Hwang Aiiman Cash Fund I (Formerly known as Hwang AIIMAN Cash Fund) Affin Hwang Aiiman Money Market Fund (Formerly known as Affin Islamic Money Market Fund) Affin Hwang Enhanced Deposit Fund (Formerly known as Hwang Enhanced Deposit Fund) 0-5 Very Low G1 Affin Hwang Select Cash Fund (Formerly known as Hwang Select Cash Fund) Affin Hwang Aiiman Income Plus Fund (Formerly known as Hwang AIIMAN Income Plus Fund) Affin Hwang Bond Fund (Formerly known as Affin Capital Fund) Affin Hwang PRS Conservative Fund (Formerly known as Hwang PRS Conservative Fund) 6-11 Low G2 Affin Hwang Select Bond Fund (RM Class / USD Hedged-Class) (Formerly known as Hwang Select Bond Fund) Affin Hwang Aiiman Balanced Fund (Formerly known as Dana Islamiah Affin) Affin Hwang Aiiman Select Income Fund (Formerly known as Hwang AIIMAN Select Income Fund) Affin Hwang PRS Moderate Fund (Formerly known as Hwang PRS Moderate Fund) Affin Hwang Select Asia Pacific (ex Japan) Balanced Fund Affin Hwang Select AUD Income Fund (AUD Class / RM Class) (Formerly known as Hwang AUD Income Fund) Moderate G3 Affin Hwang Select Balanced Fund (Formerly known as Hwang Select Balanced Fund) Affin Hwang Select Income Fund (Formerly known as Hwang Select Income Fund) Affin Hwang Select SGD Income Fund (RM Class / SGD Class) (Formerly known as Hwang SGD Income Fund) Affin Hwang Aiiman Equity Fund (Formerly known as Affin Islamic Equity Fund) Affin Hwang Aiiman Growth Fund (Formerly known as Hwang AIIMAN Growth Fund) Affin Hwang Aiiman PRS Shariah Growth Fund (Formerly known as Hwang AIIMAN PRS Shariah Growth Fund) Affin Hwang Equity Fund (Formerly known as Affin Equity Fund) Affin Hwang Growth Fund (Formerly known as Affin Quantum Fund) Affin Hwang Principled Growth Fund (Formerly known as Affin Select Growth Fund) Affin Hwang PRS Growth Fund (Formerly known as Hwang PRS Growth Fund) High G4 Affin Hwang Select Asia (ex Japan) Opportunity Fund (Formerly known as Hwang Select Asia (ex Japan) Opportunity Fund) Affin Hwang Select Asia Pacific (ex Japan) Dividend Fund Affin Hwang Select Asia Pacific (ex Japan) REITs and Infrastructure Fund (Formerly known as Hwang Asia Pacific (ex Japan) REITs and Infrastructure Fund) Affin Hwang Select Dividend Fund (Formerly known as Hwang Select Dividend Fund) Affin Hwang Select Opportunity Fund (Formerly known as Hwang Select Opportunity Fund) Affin Hwang Tactical Fund (Formerly known as Affin Tactical Fund) Affin Hwang Absolute Return Fund II (Formerly known as Hwang Absolute Return Fund II) Affin Hwang Absolute Return Fund III Affin Hwang China Growth Fund (Formerly known as Hwang China Select Fund) Affin Hwang Japan Growth Fund (Formerly known as Hwang Select Japan Quantum Fund) Very High G5 Affin Hwang Select Asia (ex Japan) Quantum Fund (Formerly known as Hwang Select Asia (ex Japan) Quantum Fund) Hwang ASEAN Flexi Fund Note: Investors are advised to take the Suitability Assessment Test before investing to determine your risk profile. 43 Asset Management

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