AIA PENSION AND ASSET MANAGEMENT SDN. BHD.

MAKLUMAT KORPORAT

AIA Pension and Asset Management Sdn. Bhd. (AIA PAM), is the fund management arm of AIA Bhd, one of the two life insurance companies awarded the Private Retirement Scheme (PRS) licence by the Securities Commission Malaysia. AIA PAM launched four PRS funds on 16 May 2013 to further augment AIA Bhd’s comprehensive suite of products that aims to provide for the protection, savings and retirement needs of its over 2.6 million individual life and employee benefits customers. As at 30 June 2013, AIA PAM had a paid-up capital of RM28 million.

For detail information on the PRS, please refer to the PRS Provider’s Disclosure Document & Product Highlights Sheet here 

MAKLUMAT SKIM & DANA

TETAPAN DAN PILIHAN PERIBADI

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page
Investment Objective

The fund seeks to provide returns through income* that is consistent with capital preservation**.

* Income will be reinvested in additional units in the fund.

** The fund is not capital guaranteed nor capital protected.
Fund Category Core (Conservative).
Investment Strategy The Fund will invest at least 70% of its net asset value (“NAV”) in fixed income instruments and money market instruments, of which a minimum of 10% of the Fund’s NAV will be invested in money market instruments. The remainder of the Fund’s NAV will be invested in equities and collective investment schemes, of which a maximum of 20% of the Fund’s NAV in collective investment schemes.

The Fund will invest in local and foreign markets.
Asset Allocation Fixed income instruments and money market instruments At least 70% of the Fund’s NAV, of which a minimum of 10% of the Fund’s NAV will be invested in money market instruments
Equities and collective investment schemes Up to 30% of the Fund’s NAV, of which a maximum of 20% of the Fund’s NAV in collective investment schemes.
Performance Benchmark 60% Quant Shop MGS All Bond Index + 10% Malayan Banking Berhad Overnight Rate + 20% FBMT 100 Index + 10% Bloomberg Barclays Global Aggregate Corporate TR Index Unhedged USD.
Member Profile Members who:

  • are seeking returns through income* that is consistent with capital preservation** over the medium to long term*** period; and
  • have a low risk appetite.

*Income will be reinvested in additional units in the fund.

**The fund is not capital guaranteed nor capital protected.

*** “medium to long term” means a period of 3 years and above.

For members under the Default Option who are 55 years old and above, their contributions will be allocated into this Fund.

Note: Where a member under the Default Option makes the first contribution to the Scheme a month before the member attains the age of 55 years old, the member’s contribution will be allocated into this Fund instead.

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page
Investment Objective

The fund seeks to provide returns through a combination of income* and capital growth.

*Income will be reinvested in additional units in the fund.
Fund Category Core (Moderate)
Investment Strategy The Fund will invest in equities that are trading below their fair value and equities offering a dividend yield above the market average. The Fund will invest in local and foreign markets.

The Fund will also invest at least 35% of its net asset value (“NAV”) in local fixed income instruments with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC.
Asset Allocation Equities Up to 90% of the Fund’s NAV
Local fixed income instruments At least 10% of the Fund’s NAV
Performance Benchmark 30% FBMT 100 Index + 20% MSCI AC Asia ex-Japan Index + 20% Quant Shop MGS All Bond Index + 30% MSCI World Index.
Member Profile Members who:

  • are seeking returns over the medium to long term period; and
  • have a moderate to high level of risk appetite.

Note: “medium to long term” means a period of three (3) years and above.

For members under the Default Option who are below the age of 45 years, their contributions will be allocated into this Fund.

Note: Where a member under the Default Option makes the first contribution to the Scheme a month before the member attains the age of 45 years old, the member’s contribution will be allocated into the AIA PAM – Moderate Fund instead.

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page
Investment Objective The fund seeks to provide returns through capital growth.
Fund Category Core (Growth)
Investment Strategy The Fund will invest in equities with a bias towards equities with potential for growth. The Fund will invest in local and foreign markets.

The Fund will also invest at least 10% of its net asset value (“NAV”) in local fixed income instruments with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC.
Asset Allocation Equities Up to 90% of the Fund’s NAV
Local fixed income instruments At least 10% of the Fund’s NAV
Performance Benchmark 30% FBMT 100 Index + 20% MSCI AC Asia ex-Japan Index + 20% Quant Shop MGS All Bond Index + 30% MSCI World Index.
Member Profile Members who:

  • are seeking returns over the medium to long term period; and
  • have a moderate to high level of risk appetite.

Note: “medium to long term” means a period of three (3) years and above.

For members under the Default Option who are below the age of 45 years, their contributions will be allocated into this Fund.

Note: Where a member under the Default Option makes the first contribution to the Scheme a month before the member attains the age of 45 years old, the member’s contribution will be allocated into the AIA PAM – Moderate Fund instead.

PILIHAN PERIBADI LAIN

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider’s page.

Investment Objective The fund seeks to provide returns through a combination of income* and capital growth from a portfolio that is consistent with Shariah principles.

*Income will be reinvested in additional units in the fund.
Fund Category Balanced.
Investment Strategy The Fund will invest in a Shariah-compliant portfolio comprising equities with potential for growth and equities that are trading below their fair value.

The Fund will also invest at least 40% of its net asset value (“NAV”) in Sukuk and Islamic money market instruments with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC.

The Fund will only invest locally.
Asset Allocation Shariah-compliant equities At least 40% and a maximum of 60% of the Fund’s NAV
Sukuk and Islamic money market instruments At least 40% of the Fund’s NAV
Performance Benchmark 50% FBM EMAS Shariah Index + 50% Quant Shop GII All Index.
Member Profile Members who:

  • are seeking returns over the medium to long term period; and
  • have a moderate risk appetite.

Note: “medium to long term” means a period of three (3) years and above.

Investment Objective The Fund seeks to provide returns through capital growth by investing in Shariah-compliant securities predominantly in the global markets.
Fund Category Growth.
Investment Strategy The Fund will invest at least 60% to 90% of its NAV in Shariah-compliant equities including Islamic collective investment schemes. #

The Fund will also invest at least 10% of its NAV in Sukuk, Islamic deposit and/or Islamic money market instruments. #

The Fund will invest in local and foreign markets.

# If in the opinion of the PRS Provider, it is necessary to preserve the volume of equities held by the Fund, the PRS Provider may adopt a temporary defensive strategy during adverse market conditions by reducing the Fund’s Shariah-compliant equity exposure to an amount below 60% and raising its level of investments in Sukuk, Islamic deposit and/or Islamic money market instruments for a period no longer than 6 months.
Asset Allocation Shariah-compliant equities including Islamic collective investment schemes At least 60% to 90% of the Fund’s NAV
Sukuk, Islamic deposit and/or Islamic money market instruments At least 10% of the Fund’s NAV
Performance Benchmark Target return of 6% per annum.
Member Profile Members who:

  • are seeking returns over the medium to long term period; and
  • have a moderate to high risk appetite.

Note: “medium to long term” means a period of three (3) years and above.

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider’s page.
Investment Objective The Fund seeks to provide income* and capital growth over the Medium to Long Term with investments predominantly in the Asia Ex-Japan market.

*Income will be reinvested in additional Units in the Fund.

Fund Category Non-Core (Mixed Assets).
Investment Strategy The Fund will invest between 20% and 80% of its NAV in equities, including collective investment schemes and between 20% and 80% of its NAV in local fixed income instruments, money market instruments and/or deposits with financial institutions.

The Fund will invest in local and foreign markets.
Asset Allocation Equities including collective investment schemes Between 20% and 80% of the Fund’s NAV
Fixed income instruments, money market instruments and/or deposits with financial institutions Between 20% and 80% of the Fund’s NAV
Performance Benchmark 50% MSCI AC Asia Ex Japan Index + 50% Quant Shop MGS All Bond Index.
Member Profile Members who:

  • are seeking investment to achieve income and capital growth over the medium to long term period; and
  • have a moderate to high risk appetite.

Note: “medium to long term” means a period of three (3) years and above.

CARUMAN DAN PENGELUARAN

There are fees and charges involved and you are advised to consider them before contributing to the scheme.

For all Funds
Minimum contribution Initial – RM100.
Subsequent – RM100.

Note: The PRS Provider reserves the right to change the amount from time to time. This amount, however, shall not apply to conditionally vested Units.
Minimum withdrawal 1,000 units

YURAN & CAJ

There are fees and charges involved and you are advised to consider them before contributing to the scheme.
AIA PAM – Conservative Fund AIA PAM – Moderate Fund AIA PAM – Growth Fund AIA PAM – Islamic Moderate Fund AIA PAM – Global Islamic Growth Fund AIA PAM – Dynamic Asia Ex-Japan Fund
Sales charge Up to 3.00% of NAV per unit.

Note: The PRS Provider reserves the right to waive or reduce the sales charge from time to time at its absolute discretion. Members may also negotiate for a lower sales charge. All sales charges will be rounded up to two (2) decimal places
Redemption charge Nil.
Switching fee (between funds in this Scheme) No charges for the first two (2) switches in each calendar year. RM25 will be imposed for all subsequent switches after the first two (2) switches in each calendar year
Transfer fee (to another PRS provider) RM25 for each transfer request.
Annual management fee Up to 1.50% per annum of the NAV of the Fund. Up to 1.80% per annum of the NAV of the Fund.
Annual scheme trustee fee 0.04% per annum of the NAV of the fund
Annual PPA administration fee 0.04% per annum of the NAV of the fund

PENDEDAHAN RISIKO

You are advised to read the scheme’s disclosure document and understand the risks involved and, if necessary, consult your professional adviser before making contributions.

General Investment Risks

Capital and returns not guaranteed, Market risk, Fund Manager risk, Inflation risk, Legal and regulatory risk, Liquidity risk, Risk associated with default option, Risk of non-compliance and Operational risk.

Specific Risks of the Funds

AIA PAM – Conservative Fund AIA PAM – Moderate Fund AIA PAM – Growth Fund AIA PAM – Islamic Moderate Fund AIA PAM – Global Islamic Growth Fund AIA PAM – Dynamic Asia Ex-Japan Fund
Credit/default risk checkmark checkmark checkmark checkmark checkmark checkmark
Interest rate risk checkmark checkmark checkmark checkmark checkmark checkmark
Particular security risk checkmark checkmark checkmark checkmark checkmark checkmark
Country risk checkmark checkmark checkmark checkmark checkmark checkmark
Currency risk checkmark checkmark checkmark checkmark checkmark checkmark
Shariah Status Reclassification risk checkmark checkmark checkmark checkmark checkmark checkmark

LAIN-LAIN

For the Fund Investment Performance information, please refer to PRS Fund Performance.

AIA Pension and Asset Management Sdn. Bhd.
Level 10, Menara AIA,
99 Jalan Ampang,
50450 Kuala Lumpur
Care Line: 1300 22 7771
Fax number: 03-2056 1091
Email: my.apam_helpdesk@aia.com

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