CIMB-Principal Asset Management Berhad

For detailed information on the PRS Scheme, please refer to the PRS Provider’s Disclosure Document & Product Highlights Sheet. www.cimb-principal.com.my/prs
cimb_ppa

CIMB-Principal Asset Management Berhad (CIMB-Principal) is a premier asset management company with regional conventional and Shariah-compliant investment capabilities. The investment management company manufactures and distributes a comprehensive range of unit trust and Private Retirement Scheme (PRS) funds. It also manages customised portfolio mandates for corporations, institutions, government and pension funds.

CIMB-Principal has the widest range of PRS funds and the only Asia Pacific ex Japan Equity funds in the country. The conventional and Shariah-compliant PRS Plus won Most Innovative Product and Best Islamic Product respectively from Asia Asset Management for Malaysia.

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 on links below to go to PRS Provider’s page:

Private Retirement Scheme CIMB-Principal PRS Plus
Scheme Trustee: Deutsche Trustees Malaysia Berhad
CIMB Islamic PRS Plus
Scheme Trustee: Deutsche Trustees Malaysia Berhad
Members aged 50 years & above CIMB-Principal PRS Plus Conservative
CIMB Islamic PRS Plus Conservative
Members aged 40 years and below 50 years CIMB-Principal PRS Plus Moderate
CIMB Islamic PRS Plus Moderate
Members aged below 40 years CIMB-Principal PRS Plus Growth
CIMB Islamic PRS Plus Growth
CIMB-Principal PRS Plus Equity
CIMB Islamic PRS Plus Equity
CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity
CIMB Islamic PRS Plus Asia Pacific Ex Japan Equity

Default Self Selection


CIMB-Principal PRS Plus Conservative
Back
Investment Objective The Fund seeks to provide members with capital preservation* through investment primarily in fixed income instruments.
*The Fund is neither a capital guaranteed fund nor a capital protected fund.
Fund Category Core (Conservative).
Investment Strategy The Fund aims to invest in a diversified portfolio of primarily Fixed Income Instruments with some exposure in equities.At least 80% of the Fund’s NAV will be invested in Fixed Income Instruments and money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in money market instruments, all of which have a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC. The investments in equities shall not exceed 20% of the Fund’s NAV.The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Fixed Income Instruments and equities either directly or via collective investment schemes.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Fixed Income Instruments At least 80%
(ii) Money market instruments At least 20% of (i)
(iii) Equities Up to 20%
(iv) Liquid assets Up to 1%
Performance Benchmark 60% Quant shop MGS Short Index + 20% CIMB Bank 1-Year Fixed Deposit Rate + 20% FTSE Bursa Malaysia Top 100.Note: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • are risk averse; and/or
  • are seeking capital preservation.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is 50 years and above.

Click here to go to the PRS Provider’s page

CIMB-Principal PRS Plus Moderate
Back
Investment Objective The Fund seeks to provide a moderate level of capital growth over the long-term by investing in a diversified portfolio of equity and fixed income instruments.
Fund Category Core (Moderate)
Investment Strategy The Fund will invest in a mix of equities and Fixed Income Instruments to provide a moderate level of capital growth to the Fund.The investments by the Fund in equities shall not exceed 60% of the Fund’s NAV and investments in Fixed Income Instruments shall not be less than 40% of its NAV with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC or “BBB” by S&P or equivalent rating by Moody’s or Fitch. The Fund may also invest in foreign securities with a maximum of 10% of its NAV.The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Fixed Income Instruments and equities either directly or via collective investment schemes.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Fixed Income Instruments At least 40%
(ii) Equities Up to 60%
(iii) Liquid assets Up to 1%
Performance Benchmark 60% FTSE Bursa Malaysia Top 100 + 40% Quant shop MGS Short IndexNote: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • are seeking for capital appreciation;
  • are willing to accept some fluctuations in the value of his/her investment; and/or
  • want a diversified portfolio of equities and Fixed Income Instruments that may have some foreign exposure.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is 40 years and above but has yet reached 50 years.

Click here to go to the PRS Provider’s page

CIMB-Principal PRS Plus Growth
Back
Investment Objective The Fund seeks to provide capital growth over the long-term by investing in a portfolio of primarily equities with some exposure in fixed income instruments.
Fund Category Core (Growth)
Investment Strategy The Fund will invest in a portfolio of mixed assets, primarily in equities with some exposure in Fixed Income Instruments, to provide capital growth to the Fund.The investments by the Fund in equities shall not exceed 70% of the Fund’s NAV and investments in Fixed Income Instruments shall not be less than 30% of its NAV with a minimum credit rating of “BBB3″ or “P2” by RAM or equivalent rating by MARC or “BBB” by S&P or equivalent rating by Moody’s or Fitch. The Fund may also invest in foreign securities with a maximum of 20% of its NAV.The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Fixed Income Instruments and equities either directly or via collective investment schemes.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Fixed Income Instruments At least 30%
(ii) Equities Up to 70%
(iii) Liquid assets Up to 1%
Performance Benchmark 70% FTSE Bursa Malaysia Top 100 + 30% Quant shop MGS Short IndexNote: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • are seeking for capital appreciation;
  • are willing to accept volatility in the value of his/her investment; and/or
  • want a diversified portfolio of equities and Fixed Income Instruments that may have some foreign exposure.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is below 40 years.

Click here to go to the PRS Provider’s page

CIMB-Principal PRS Plus Equity
Back
Investment Objective The Fund seeks to provide capital growth over the long-term by investing in the domestic market.
Fund Category Equity
Investment Strategy The Fund is managed to achieve a defined target return over the long-term through investments in the domestic market. The Fund will invest between 70% to 99.8% (both inclusive) of the Fund’s NAV in equities.However, the Fund may take temporary defensive positions that may detract from the Fund’s prescribed asset allocation when the fund manager believes that the equity market is experiencing excessive volatility, expected prolonged declines or when the outlook of the equity market is unfavourable. Under these circumstances, the Fund may reduce its equity exposure and increase its investment in money market instruments to protect the Fund’s investment objective in bearish or non performing equity market.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Equities Between 70% to 99.8% (both inclusive)
(i) Liquid assets At least 0.2%
Performance Benchmark The Fund has a target return of 8% per annum.This is not a guaranteed return and is only a measurement of the Fund’s performance. The Fund may not achieve the target return in any particular financial year but targets to achieve this growth over the long-term.Note: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • are seeking for capital appreciation; and/or
  • are willing to accept significant fluctuation in the value of his/her investment.

Click here to go to the PRS Provider page

CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity
Back
Investment Objective The Fund seeks to provide capital growth over the long-term by investing in a target fund with investments in the Asia Pacific ex Japan region.
Fund Category Feeder Fund – Equity.
Investment Strategy The Fund will invest at least 95% of its NAV in the CIMB-Principal Asia Pacific Dynamic Income Fund (“Target Fund”), a Malaysian-domiciled fund established on 25 April 2011, which invests in the Asia Pacific ex Japan region. The Fund will also maintain up to a maximum of 5% of its NAV in liquid assets.Information on the Target FundManagement Company: CIMB-Principal Asset Management Berhad.Regulatory Authority: Securities Commission Malaysia.
Asset Allocation Asset Range in % of Fund’s NAV
(i) CIMB-Principal Asia Pacific Dynamic Income Fund At least 95%
(i) Liquid assets At least 5%
Performance Benchmark The Fund has a target return of 8% per annum.This is not a guaranteed return and is only a measurement of the Fund’s performance. The Fund may not achieve the target return in any particular financial year but targets to achieve this growth over the long-term.Note: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • are seeking for capital appreciation;
  • are willing to accept significant fluctuation in the value of his/her investment; and/or
  • want investments in the Asia Pacific ex Japan region.

Click here to go to the PRS Provider page

CIMB Islamic PRS Plus Conservative
Back
Investment Objective The Fund seeks to provide Members with capital preservation* through investment primarily in sukuk.* The Fund is neither a capital guaranteed fund nor a capital protected fund.
Fund Category Core (Conservative).
Investment Strategy The Fund aims to invest in a diversified portfolio of primarily Sukuk with some exposure in Shariah-compliant equities.At least 80% of the Fund’s NAV will be invested in Sukuk and Islamic money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in Islamic money market instruments, all of which have a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC. The investments in Shariah-compliant equities shall not exceed 20% of the Fund’s NAV.The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Sukuk, Islamic money market instruments and Shariah-compliant equities either directly or via Shariah-compliant collective investment schemes.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Sukuk At least 80%
(ii) Islamic money market instruments At least 20% of (i)
(iii) Shariah-compliant equities Up to 20%
(iv) Shariah-compliant liquid assets Up to 1%
Performance Benchmark 60% Quant shop GII Short Index + 20% CIMB Islamic 1-Year General Investment Account-i (GIA) + 20% FTSE Bursa Malaysia EMAS Shariah IndexNote: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are risk averse; and/or
  • are seeking capital preservation.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is 50 years and above.

Click here to go to the PRS Provider page

CIMB Islamic PRS Plus Moderate
Back
Investment Objective The Fund seeks to provide a moderate level of capital growth over the long-term by investing in a diversified portfolio of Shariah-compliant equity and sukuk.
Fund Category Core (Moderate)
Investment Strategy The Fund will invest in a mix of Shariah-compliant equities and Sukuk to provide a moderate level of capital growth to the Fund.The investments by the Fund in Shariah-compliant equities shall not exceed 60% of the Fund’s NAV and investments in Sukuk shall not be less than 40% of its NAV with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC or “BBB” by S&P or equivalent rating by Moody’s or Fitch. The Fund may also invest in Shariah-compliant foreign securities with a maximum of 10% of its NAV.The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Sukuk and Shariah-compliant equities either directly or via Shariah-compliant collective investment schemes.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Sukuk At least 40%
(iii) Shariah-compliant equities Up to 60%
(iv) Shariah-compliant liquid assets Up to 1%
Performance Benchmark 60% FTSE Bursa Malaysia EMAS Shariah Index + 40% Quant shop GII Short IndexNote: The risk profile of the Fund is not the same as the risk profile of the benchmark
Member Profile This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are willing to accept some fluctuations in the value of his/her investment; and/or
  • want a diversified portfolio of Shariah-compliant equities and Sukuk that may have some foreign exposure.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is 40 years and above but has yet reached 50 years.

Click here to go to the PRS Provider page

CIMB Islamic PRS Plus Growth
Back
Investment Objective The Fund seeks to provide capital growth over the long-term by investing in a portfolio of primarily Shariah-compliant equities with some exposure in sukuk.
Fund Category Core (Growth)
Investment Strategy The Fund will invest in a portfolio of mixed assets, primarily in Shariah-compliant equities with some exposure in Sukuk, to provide capital growth to the Fund.The investments by the Fund in Shariah-compliant equities shall not exceed 70% of the Fund’s NAV and investments in Sukuk shall not be less than 30% of its NAV with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC or “BBB” by S&P or equivalent rating by Moody’s or Fitch. The Fund may also invest in Shariah-compliant foreign securities with a maximum of 20% of its NAV.The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Sukuk and Shariah-compliant equities either directly or via Shariah-compliant collective investment schemes.
Asset Allocation Asset Range in % of Fund’s NAV
(i) Sukuk At least 30%
(iii) Shariah-compliant equities Up to 70%
(iv) Shariah-compliant liquid assets Up to 1%
Performance Benchmark 70% FTSE Bursa Malaysia EMAS Shariah Index + 30% Quant shop GII Short IndexNote: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are seeking for capital appreciation;
  • are willing to accept volatility in the value of his/her investment; and/or
  • want a diversified portfolio of Shariah-compliant equities and Sukuk that may have some foreign exposure.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is below 40 years.

Click here to go to the PRS Provider page

CIMB Islamic PRS Plus Equity
Back
Investment Objective The Fund seeks to provide capital growth over the long-term by investing in a target fund with investments in Malaysian securities that comply with the Shariah principles.
Fund Category Feeder Fund – Equity (Shariah)
Investment Strategy The Fund will invest at least 95% of its NAV in the CIMB Islamic DALI Equity Growth Fund (“Target Fund”), a Malaysian domiciled fund established on 7 May 1998, which invests in Malaysian Shariah-compliant equities. The Fund will also maintain up to a maximum of 5% of its NAV in liquid assets.Information on the Target FundManagement Company: CIMB-Principal Asset Management Berhad.Regulatory Authority: Securities Commission Malaysia.
Asset Allocation Asset Range in % of Fund’s NAV
(i) CIMB Islamic DALI Equity Growth Fund At least 95%
(ii) Shariah-compliant liquid assets Up to 5%
Performance Benchmark FTSE Bursa Malaysia EMAS Shariah Index.Note: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are seeking for capital appreciation; and/or
  • are willing to accept significant fluctuation in the value of his/her investment.

Click here to go to the PRS Provider page

CIMB Islamic PRS Plus Asia Pacific Ex Japan Equity
Back
Investment Objective The Fund seeks to provide capital growth over the long-term by investing in a target fund with investments in the emerging and developed markets of Asia Pacific ex Japan region that comply with the Shariah principles.
Fund Category Feeder Fund – Equity (Shariah)
Investment Strategy The Fund will invest at least 95% of its NAV in the CIMB Islamic Asia Pacific Equity Fund (“Target Fund”), a Malaysian domiciled fund established on 2 June 2006, which invests in Shariah-compliant equities listed on the stock exchanges in the emerging and developed markets of Asia Pacific ex Japan. The Fund will also maintain up to a maximum of 5% of its NAV in liquid assets.Information on the Target FundManagement Company: CIMB-Principal Asset Management Berhad.Regulatory Authority: Securities Commission Malaysia.
Asset Allocation Asset Range in % of Fund’s NAV
(i) CIMB Islamic Asia Pacific Equity Fund At least 95%
(ii) Shariah-compliant liquid assets Up to 5%
Performance Benchmark Dow Jones Islamic Market Asia/Pacific ex Japan Index.Note: The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member Profile This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are seeking for capital appreciation;
  • are willing to accept significant fluctuation in the value of his/her investment; and/or
  • want investments in the Asia Pacific ex Japan region.

Click here to go to the PRS Provider page

There are fees and charges involved and you are advised to consider them before contributing to the scheme.
Name of Fund For all Funds
Class A Class C Class X
Minimum initial contribution RM100 RM100 N/A
Minimum subsequent contribution RM50 RM50 N/A
Minimum withdrawal RM50 or 100 Units RM50 or 100 Units RM100 or 200 Units

Click here to go to the PRS Provider’s page

There are fees and charges involved and you are advised to consider them before contributing to the scheme.
Name of Fund For all funds
Class A Class C Class X
Sales charge (*) 3.00% 0.50% Nil
Redemption charge Nil Nil Nil
Switching fee (between funds in this Scheme) There is no Switching Fee charged to the Funds. Switching is not allowed between different Classes.
Switching fee (between funds in another PRS managed by CIMB-Principal) There is no Switching Fee charged to the Funds. Switching is not allowed between different Classes.
Transfer fee (to another PRS provider) (*) A maximum of RM75 may be charged for each transfer to another PRS provider.
Annual management fee (*) 1.40% of the Fund’s NAV 1.50% of the Fund’s NAV 1.40% of the Fund’s NAV
Annual scheme trustee fee (*) 0.04% of the Fund’s NAV 0.04% of the Fund’s NAV 0.04% of the Fund’s NAV
Annual PPA administration fee (*) 0.04% of the Fund’s NAV 0.04% of the Fund’s NAV 0.04% of the Fund’s NAV
(*) Effective 1 April 2015, Goods and Services Tax (GST) will be applicable to the fees stipulated above.

Click here to go to the PRS Provider’s page

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, Legal and regulatory risk, Market risk, Risk associated with default option, Liquidity risk, Inflation risk, Risk of non-compliance, Fund Manager risk.

Specific Risks of the Funds

CIMB-Principal PRS Plus

CIMB-Principal PRS Plus Conservative CIMB-Principal PRS Plus Moderate CIMB-Principal PRS Plus Growth CIMB-Principal PRS Plus Equity CIMB-Principal PRS Plus Asia Pacific Ex Japan
Stock specific risk
Credit / Default risk
Interest rate risk
Counterparty risk
Country risk
Currency risk
Risks associated with investment in warrants/options
Risk associated with temporary defensive positions
Concentration risk
Risks associated with investment in the Target Fund

CIMB Islamic PRS Plus

CIMB Islamic PRS Plus Conservative CIMB Islamic PRS Plus Moderate CIMB Islamic PRS Plus Growth CIMB Islamic PRS Plus Equity CIMB Islamic PRS Plus Asia Pacific Ex Japan
Stock specific risk
Credit / Default risk
Interest rate risk
Counterparty risk
Country risk
Currency risk
Risks associated with investment in warrants/options
Reclassification of Shariah status risk
Concentration risk
Risks associated with investment in the Target Fund

Click here to go to the PRS Provider’s page

The Daily Fund Prices is provided by Morningstar. Click here to access the Morningstar webpage.

For more information about Morningstar, go to About Morningstar.

The Fund Investment Performance information is provided by Morningstar. Click here to access the Morningstar webpage.

For more information about Morningstar, go to About Morningstar.

You may contact CIMB-Principal to find out more about PRS Plus:

You can also contact CWA, one of CIMB-Principal’s authorized distributors for PRS Plus:

Alternatively you can check with your respective human resource (HR) personnel to find out whether your employer participates in the CIMB-Principal PRS Plus Partner Programme.

Contact us link: http://www.cimb-principal.com.my/prs/contactus.aspx