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    PIALEF

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    Eileen Lau
    The Public Islamic Asia Leaders Equity Fund (PIALEF) aims to achieve capital growth over the medium to long term by investing in Shariah-compliant stocks of large companies in domestic and regional markets. Over the past 10 years, PIALEF has achieved a total return of 85.53% compared to 91.13% for its benchmark index. However, in the past year PIALEF has underperformed the index with returns of -14.98% versus -14.84% for the benchmark. The fund takes on high volatility as measured by its 3-year volatility factor of 18.3.

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    PIALEF

    Uploaded by

    Eileen Lau
    57 views1 page
    The Public Islamic Asia Leaders Equity Fund (PIALEF) aims to achieve capital growth over the medium to long term by investing in Shariah-compliant stocks of large companies in domestic and regional markets. Over the past 10 years, PIALEF has achieved a total return of 85.53% compared to 91.13% for its benchmark index. However, in the past year PIALEF has underperformed the index with returns of -14.98% versus -14.84% for the benchmark. The fund takes on high volatility as measured by its 3-year volatility factor of 18.3.

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    The Public Islamic Asia Leaders Equity Fund (PIALEF) aims to achieve capital growth over the medium to long term by investing in Shariah-compliant stocks of large companies in domestic and regional markets. Over the past 10 years, PIALEF has achieved a total return of 85.53% compared to 91.13% for its benchmark index. However, in the past year PIALEF has underperformed the index with returns of -14.98% versus -14.84% for the benchmark. The fund takes on high volatility as measured by its 3-year volatility factor of 18.3.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    57 views1 page

    PIALEF

    Uploaded by

    Eileen Lau
    The Public Islamic Asia Leaders Equity Fund (PIALEF) aims to achieve capital growth over the medium to long term by investing in Shariah-compliant stocks of large companies in domestic and regional markets. Over the past 10 years, PIALEF has achieved a total return of 85.53% compared to 91.13% for its benchmark index. However, in the past year PIALEF has underperformed the index with returns of -14.98% versus -14.84% for the benchmark. The fund takes on high volatility as measured by its 3-year volatility factor of 18.3.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    PUBLIC ISLAMIC ASIA LEADERS EQUITY FUND (PIALEF)

    Fund Objective 3-year


    Fund Volatility
    (1)

    To achieve capital growth over the medium to long term period by investing mainly in stocks of companies with market capitalisation 18.3
    of US$1 billion and above in domestic and regional markets that complies with Shariah requirements. high
    Lipper Analytics
    10 Jan 23

    Financial Year End : 30 November Performances of PIALEF and Benchmark Index


    Distribution Policy : Incidental (Since Fund Commencement* to 31 January 2023)
    Launch Date : 19.01.2010 300%

    Current Fund Size : NAV : RM2,069.20 Million PIALEF Benchmark

    UNITS : 4,792.63 Million 240%

    180%
    Performance of PIALEF vs its Benchmark Index Over the
    Following Periods Ended 31 January 2023

    Total Returns
    120%
    PIALEF Benchmark PIALEF Benchmark
    (%) (%) (%) (%)
    Total Total Annualised Annualised 60%

    Return Return Return Return


    1-year -14.98 -14.84 -14.98 -14.84 0%
    3-year 15.16 10.69 4.81 3.44
    5-year 11.67 7.93 2.23 1.54 -60%
    10-year 85.53 91.13 6.37 6.69 Feb-10 May-13 Aug-16 Nov-19 Jan-23

    Since Commencement 96.48 128.84 5.34 6.58 Benchmark:


    Benchmark for PIALEF is a composite of 90% customised index by S&P
    Dow Jones Indices, LLC based on top 100 constituents by market
    capitalisation of the S&P Shariah BMI Asia Ex-Japan Index and 10% 3-
    Month Islamic Interbank Money Market (IIMM) rate.
    Underlying index data are sourced from S&P Dow Jones Indices, LLC and
    Bank Negara Malaysia and expressed in Ringgit terms.

    * Commencement Date - 8 February 2010

    Notes :
    (1)
    Based on the fund's portfolio returns as at 10 January 2023, the Volatility Factor (VF) for this fund is 18.3 and is classified as "High" (source : Lipper).
    • The total return is the overall return of the fund over the period.
    • The annualised return is the compounded annual rate of return of the fund over the specified period.
    • Fund performance should be evaluated against the benchmark index which is reflective of the fund’s asset allocation and investments over the medium to long term.
    • The performance of the fund is calculated on NAV-to-NAV basis and sourced from Lipper.
    • Commencement date is the last day of the initial offer period.

    The customised benchmark index for PIALEF (the “Index”) is the exclusive property of S&P Opco, LLC, a subsidiary of S&P Dow Jones Indices LLC (“S&P Dow Jones Indices”)
    and/or its affiliates. Public Mutual Berhad has contracted with S&P Dow Jones Indices to calculate and maintain the Index. Neither S&P Dow Jones Indices nor any of its affiliates
    shall be liable for any errors or omissions in calculating the Index.

    Investors are advised to read and understand the contents of the Master Prospectus 1 of Public Series of Shariah-Based Funds dated 30 April 2019, 1st Supplemental Prospectus
    of Master Prospectus 1 of Public Series of Shariah-Based Funds dated 22 January 2020, 2nd Supplemental Prospectus of Master Prospectus 1 of Public Series of Shariah-Based
    Funds dated 16 December 2021 and the fund’s Product Highlights Sheet (PHS) before investing.
    Investors should understand the risks of the fund, compare and consider the fees, charges and costs involved in investing in the fund.
    A copy of the Prospectus, Supplemental Prospectus and PHS of the fund can be viewed at our website www.publicmutual.com.my under Our Products > Our Funds.
    Investors should make their own assessment of the merit and risks of the investment. If in doubt, investors should seek professional advice.
    Past performance of the fund is not a reliable indicator of future performance.
    Please refer to www.publicmutual.com.my for our investment disclaimer.

    Where a free copy of Prospectus and Product Highlights Sheet can be obtained:
    Unit Trust Consultants (UTCs) of Public Mutual or contact Public Mutual Hotline: 03-2022 5000 for assistance.

    Lipper Fund Volatility


    The Volatility Factor (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. VF is subject to monthly revision and VC is revised every six months or other interval as advised by FIMM. The volatility banding
    for the "Very Low", "Low", "Moderate", "High" and "Very High" VCs as at 31 December 2022 are 0.000 ≤ VF ≤ 4.875, 4.875 < VF ≤ 11.695, 11.695 < VF ≤ 15.380, 15.380 < VF ≤
    18.830 and VF more than 18.830 respectively. For this period to 30 June 2023 the VCs for the funds are based on the VFs of the respective funds as at 31 December 2022. The
    fund’s portfolio may have changed since this date and there is no guarantee 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.

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