LIVE YOUR RETIREMENT DREAMS

Transcription

1 LIVE YOUR RETIREMENT DREAMS PRIVATE RETIREMENT SCHEME AmFunds Management Berhad ( A) (formerly known as AmInvestment Services Berhad) 9th & 10th Floor, Bangunan AmBank Group 55 Jalan Raja Chulan Kuala Lumpur

2 TABLE OF CONTENTS Fast Facts about Retirement 2 Take Action Now 4 Rising Cost of Living, Healthcare & Education 6 PRS: A Simple Plan to Retire Comfortably 8 Retirement Solutions by AmInvest 11 Why AmInvest? 13 Private Retirement Scheme by AmInvest LIVE YOUR RETIREMENT DREAMS While reasonable efforts have been made to ensure the accuracy of the information at time of print of this publication, AmFunds Management Berhad or any subsidaries of the AmBank Group assumes no responsibility for any errors or omissions whatsoever pertaining to terms ad conditions and visual presentations featured in this publication. No part of this print material may be reproduced without the prior written consent from AmFunds Management Berhad.

3 MALAYSIAN S TOTAL SAVINGS IN THE MANDATORY RETIREMENT SAVINGS SCHEME % Have savings of less than RM50, % Have savings of RM50,000 - RM100, % Have savings of more than RM150,000 1 FAST FACTS ABOUT RETIREMENT A RETIREE WOULD NEED FUNDING FOR HIS / HER RETIREMENT DAYS OF AROUND 14 YEARS years Malaysian Retirement Age 2 74 years Malaysia s Average Life Expectancy 3 DO YOU HAVE ENOUGH TO RETIRE COMFORTABLY? Source: 1 The Sun Daily, 22 August NST, June World Bank, 2010 (Latest available) 3

4 WHAT S YOUR NUMBER? Let s take a look at how much you would need for your retirement. Many people tend to underestimate the capital they need to support their desired retirement lifestyle. The table below shows the amount of capital required for different standards of living upon retirement. YEARLY LIVING STANDARD (RM) CAPITAL REQUIRED UPON RETIREMENT (RM) 36, ,374 48,000 1,172,509 60,000 1,465, ,000 2,931, ,000 4,396,885 2 TAKE ACTION NOW 240,000 GENERAL ASSUMPTIONS: 5,862,514 Current age: 45 years Retirement age: 55 years Life Expectancy: 80 years Inflation Rate: 4% p.a. ROI: 8% p.a. Source: NST, 27 February 2011 (Latest available) 5

5 DID YOU KNOW? 3.3% 10-20% 2.7% 3.2% Average inflation rate 1 Annual increase of food prices 3 Annual hike in property prices 2 12-month AmBank FD rate 4 3 RISING COST OF LIVING, HEALTHCARE & EDUCATION Inflation will erode your purchasing power & real returns Sources: 1 The Malaysian Insider, 30 June 2011 (Latest available) 2 The Malaysian Insider, 3 April The Star, 14 April AmBank Berhad, August 2012 DOCTORS FEES ARE SET TO GO UP BY 14% Source: The Star, 27 July 2012 Latest hospital treatment costs for the average Malaysian Kidney Failure...RM150,000 Cancer...RM300,000 Major Organ Transplant...RM100,000 Source: The Star, 21 December 2011 (Latest available) Current and projected cost of university education MALAYSIA AUSTRALIA UK 2010 RM91,800 RM189,216 RM211, ** RM156,283 RM455,371 RM509,902 Source: The Star, 18 September 2010 (Latest available) **Projected cost based on a 3% annual inflation rate for Malaysia & 5% inflation rate for Australia & UK ARE YOUR SAVINGS ABLE TO CATER TO THESE RISING COSTS? 7 7

6 WHAT IS PRS? Private Retirement Scheme (PRS) is an investment vehicle designed to complement a retiree s savings to achieve his/her ideal retirement goals through voluntary savings contributions. It is designed to help individuals accumulate savings for retirement & plan for: Inflation Comfortable standards of living post-retirement Rising healthcare costs PRS is regulated by the Securities Commission Malaysia. AmInvest is one of the 8 approved PRS providers. Source: Securities Commission Malaysia, August PRS: A SIMPLE PLAN TO RETIRE COMFORTABLY WHY SHOULD WE CONTRIBUTE TO PRS? PRS is designed to cater for the needs of both individuals & employers. WHAT S IN IT FOR ME AS AN INDIVIDUAL? i. Supplements retirement savings - Alternative retirement savings that s simple & easy - Suitable for those who are self-employed & do not have a pension account ii. Flexibility & customisation - Choose funds that suit your own investment needs, objectives & risk appetite iii. Transparency - Timely access to fund performance & information iv. Annual tax relief of up to RM3,000 per tax payer WHAT S IN IT FOR EMPLOYERS? i. Tax deduction for employer s PRS contribution - Tax deduction up to 19% of the employees remuneration ii. Incentive tool for staff retention & recruitment iii. Opportunity to provide employees with investment choices Source: Securities Commission Malaysia, August

7 AmPRS CORE FUNDS Below 40 years Age Group Aims to provide long term capital growth by investing primarily in equities, equity-related securities and/or REITs. Investment Objective AmPRS Growth Fund Asset Allocation Up to 70% in equities and/or equity-related securities, where a maximum of 20% will be in REITs A minimum of 30% in fixed income securities and/or money market instruments A minimum of 1% in liquid assets Between years 5 RETIREMENT SOLUTIONS BY AmInvest Aims to provide medium to long term capital growth by investing in equities, fixed income securities and/or REITs. Investment Objective Age Group AmPRS Moderate Fund Asset Allocation Up to 60% in equities and/or equity-related securities, where a maximum of 20% will be in REITs A minimum of 40% in fixed income securities and/or money market instruments A minimum of 1% in liquid assets 50 years and above Age Group Aims to preserve capital by investing primarily in fixed income securities and money market instruments. Investment Objective AmPRS Conservative Fund Asset Allocation A minimum of 80% in fixed income securities, where a minimum of 20% will be in money market instruments A maximum of 20% in equities, equity-related securities and/or REITs A minimum of 1% liquid assets 11

8 Our success comes from learning to manage change and keeping ahead to create value for our investors. WHY AmInvest? AmInvest Your Preferred Investment Solutions Provider We are one of the leading* award winning funds management houses that provide investment solutions for a full spectrum of asset classes to both individual and institutional investors. With over 30 years of proven track record we believe in change and the opportunities it brings. *In terms of assets under management. Source: Malaysian Association of Asset Managers (MAAM), Lipper Investment Management & AmFunds Management, 30 March 2014, latest available data. Diverse Expertise, One Vision People are our best assets. Our team of investment specialists has in-depth knowledge and experience to meet our investor s investment objectives through the ups and downs of market cycles. A Disciplined Approach AmInvest s strength lies in our ability to recognise and quantify all the different elements of investment risk. We have dedicated risk management, quantitative analytics and compliance teams to optimise returns on investments within acceptable risk boundaries. Capitalising Investment Opportunities Our investment professionals perform thorough research based on top down (macroeconomics and quantitative analysis), coupled with bottom up fundamental stock/credit research. The process is then carefully distilled into securities selected based on investment themes, technical and sector weightings for you. Innovation Our success comes from learning to manage change as well as keeping ahead and constantly looking for hidden investment opportunities to create value for our investors. Our pioneering spirit spanning over decades have led to a series of notable firsts in the market across a broad spectrum of asset classes. True to our tagline Growing Investments in a Changing World, our funds are designed to capitalise on market cycles. 13

9 AWARD WINNING TRACK RECORD Latest Awards At AmInvest, we strive to bring you the world s best investment solutions. We work with investors to understand their needs and help unearth investment opportunities in all market conditions. Best Pension Fund Manager (3 consecutive years) Asia Asset Management Best of the Best Awards 2015, January 2016 Best Institional House (3 consecutive years) Asia Asset Management Best of the Best Awards 2015, January 2016 Best Asset Management House of the Year Asia Asset Management Best of the Best Awards 2015, May 2015 Investment Management Company of the Year, Malaysia (4 consecutive years) World Finance Investment Management Awards 2015, June 2015 Best Islamic Asset Management House of the Year, Malaysia The Asset Triple A Islamic Finance Awards 2015, May 2015 Consistent outperformance across asset classes Best Mixed Asset Fund Group (3 consecutive years) The Edge Lipper Malaysia Fund Awards 2016, March Best Bond Malaysian Ringgit, 10 Years - AmDynamic Bond (3 consecutive years) The Edge Lipper Malaysia Fund Awards 2016, March

10 DISCLAIMER The information contained in this promotional material is general information only and does not take into account your individual objectives, financial situations or needs. You should seek your own financial advice from an appropriately licensed adviser before investing. You should be aware that investments in private retirement scheme carry risks. An outline of some of the risks is contained in the Replacement Disclosure Document for AmPRS dated 1 December 2014, First Supplementary Disclosure Document dated 1 April 2015 and Second Supplementary Disclosure Document dated 10 September 2015 ("Disclosure Documents"). Refer to the Disclosure Documents for detailed information of the specific risks for the Funds. Unit prices and income distribution, if any, may rise or fall. Past performance of a fund is not indicative of future performance. Please consider the fees and charges involved before investing. Units will be issued upon receipt of completed application form accompanying the Disclosure Documents and subject to terms and conditions therein. You have the right to request for a copy of Product Highlights Sheet for the fund. You are advised to read and understand the contents of the Product Highlights Sheet and Disclosure Documents before making an investment decision. The Disclosure Documents have been authorised by the Securities Commission Malaysia, who takes no responsibility for its contents. You can obtain a copy of the Product Highlights Sheet and Disclosure Document, from any of our representative offices and authorized distributor. AmFunds Management Berhad does not guarantee any returns on the investments. In the event of any dispute or ambiguity arising out of the other language translation in this leaflet, the English version shall prevail. PRIVACY NOTICE AmFunds Management Berhad issued its Privacy Notice as required by Personal Data Protection Act 2010, which details the use and processing of your personal information by AmFunds Management Berhad. The Privacy Notice can be accessed via and available at our head office. If you have any queries in relation to the Privacy Notice of AmFunds Management Berhad, please feel free to contact our Client Service Officers at Tel: or enquiries@aminvest.com. WE ARE HERE TO HELP YOU REALISE YOUR RETIREMENT DREAMS & ACHIEVE YOUR LONG TERM FINANCIAL GOALS aminvestprs@aminvest.com aminvest.com