AMFUNDS MANAGEMENT BERHAD

CORPORATE INFORMATION

ipra_ambankAmInvest is a global award-winning fund house with a track record spanning more than three decades and provides innovative investment solutions across a full spectrum of asset classes, for both individual and institutional investors.

Through its retirement solutions, AmInvest’s Private Retirement Scheme that has been designed to capitalise on market cycles, AmInvest continues to pursue a winning strategy of optimising returns for investors within acceptable risk boundaries.

AmInvest adopts a rigorous risk management framework developed through a continuously improved risk management culture. AmInvest’s Private Retirement Scheme reflects this approach and aims to help all Malaysians realise their retirement dreams and long-term financial goals.

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

SCHEME AND FUND INFORMATION

Default & Self Selection

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 or click here to go to the PRS Provider’s page.

Investment Objective AmPRS – Conservative Fund aims to preserve* capital by investing primarily in fixed income securities and money market instruments.

Note: *Please note that members’ capital is neither guaranteed nor protected.
Fund Category Core (Conservative).
Investment Strategy The AmPRS – Conservative Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:

- Fixed income instruments;
- Liquid assets;
- Equities; and
- Real Estate Investment Trust (“REITs”).

Investments in the AmPRS – Conservative Fund will be restricted to investments in Malaysia and local currency investments. The AmPRS – Conservative Fund will not be invested in any RM-denominated foreign investments. In order to achieve the investment objective, the investment manager may opt to invest in the securities either directly or via collective investment schemes of AmFunds Management Berhad. The use of derivative is not applicable for the AmPRS – Conservative Fund as the Fund has no foreign currency exposure.
Asset Allocation Fixed income securities and money market instruments A minimum of 80% of the Fund’s NAV where a minimum of 20% of the Fund’s NAV will be invested in money market instruments
Equities, equity-related securities and REITs 0% to 20% of the Fund’s NAV
Liquid assets A minimum of 1% of the Fund’s NAV
Performance Benchmark 1-year Malayan Banking Berhad Conventional Fixed Deposit Rate
Member Profile AmPRS – Conservative Fund is suitable for members who seek:

• for capital growth on their investment
• to preserve* investment capital
• for long term** retirement savings* plan
• for members age 50 years and above if contribute under the default option

Note: * Please note that members’ capital is neither guaranteed nor protected.** The investment horizon should be at least five (5) years.

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 or click here to go to the PRS Provider’s page.

Investment Objective AmPRS – Moderate Fund ai
Fund Category Core (Conservative).
Investment Strategy The AmPRS – Moderate Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:
  • Equities;
  • Fixed income instruments;
  • Real Estate Investment Trust (“REITs”); and
  • Liquid assets.
For AmPRS – Moderate Fund, the securities that the AmPRS – Moderate Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. For AmPRS – Moderate Fund, foreign investments (if any) will be limited to 40% of the Fund’s NAV. In order to achieve the investment objective, the investment manager may opt to invest in the securities either directly or via collective investment schemes of AmFunds Management Berhad. The AmPRS – Moderate Fund may also invest in derivatives for the purpose of hedging (subject to PRS Guidelines) if it is deemed necessary to do so.
Asset Allocation Equities, equity-related securities and REITs Up to 60% of the Fund’s NAV, where a maximum of 20% of the Fund’s NAV will be in REITs
Fixed income securities and money market instruments A minimum of 40% of the Fund’s NAV
Liquid assets10 A minimum of 1% of the Fund’s NAV
Performance Benchmark
  • 25% FTSE Bursa Malaysia Top 100 Index
  • 25% MSCI AC Asia Pacific ex Japan Index
  • 50% RAM Quantshop Medium* MGS Index

Note: * Medium means the duration is between three (3) years to seven (7) years.
Member Profile AmPRS – Moderate Fund is suitable for members who seek:
  • for capital growth on their investment
  • for a balanced portfolio that includes equities and fixed income securities
  • for long term** retirement savings* plan
  • for members age 40 years and above but have not reached 50 years if contribute under the default option

Note: * Please note that members’ capital is neither guaranteed nor protected.

** The investment horizon should be at least five (5) years.

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 or click here to go to the PRS Provider’s page.

Investment Objective AmPRS – Growth Fund aims to provide long term* capital growth by investing primarily in equities, equity-related securities and/or REITs.

Note: *The investment horizon should be at least five (5) years.
Fund Category Core (Growth)
Investment Strategy The AmPRS – Growth Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:

  • Equities;
  • Fixed income instruments;
  • Real Estate Investment Trust (“REITs”); and
  • Liquid assets.

For AmPRS – Growth Fund, the securities that the AmPRS – Growth Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. For AmPRS – Growth Fund, foreign investments (if any) will be limited to 50% of the Fund’s net asset value (“NAV”). In order to achieve the investment objective, the investment manager may opt to invest in the securities either directly or via collective investment schemes of AmFunds Management Berhad. The AmPRS – Growth Fund may also invest in derivatives for the purpose of hedging (subject to PRS Guidelines) if it is deemed necessary to do so.
Asset Allocation Equities, equity-related securities and REITs Up to 70% of the Fund’s NAV, where a maximum of 20% of the Fund’s NAV will be in REITs
Fixed income securities and money market instruments A minimum of 30% of the Fund’s NAV
Liquid assets A minimum of 1% of the Fund’s NAV
Performance Benchmark
  • 30% FTSE Bursa Malaysia Top 100 Index
  • 30% MSCI AC Asia Pacific ex Japan Index
  • 40% RAM Quantshop Medium* MGS Index

Note: * Medium means the duration is between three (3) years to seven (7) years.
Member Profile AmPRS – Growth Fund is suitable for members who seek:

  • for capital growth on their investment
  • for a diversified portfolio of equities with strong emphasis on growth
  • for long term** retirement savings* plan
  • for members age below 40 years if contribute under the default option

Note: * Please note that members’ capital is neither guaranteed nor protected.

** The investment horizon should be at least five (5) years.

Other Self Selection

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 or click here to go to the PRS Provider’s page.

Investment Objective AmPRS – Islamic Equity Fund aims to provide long term capital growth by investing primarily in Shariah compliant equities and/or equity-related securities.

Note:Long term means the investment horizon should be at least five (5) years.Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Equity (Islamic)
Investment Strategy The AmPRS – Islamic Equity Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:

  • Shariah compliant equities;;
  • Sukuk and Shariah compliant money market instruments;
  • Shariah compliant REITs; and
  • Islamic liquid assets.

For AmPRS – Islamic Equity Fund, the Shariah compliant securities that the AmPRS – Islamic Equity Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. Foreign investments (if any) will be limited to 50% of the Fund’s NAV.

In order to achieve the investment objective, the Investment Manager may opt to invest in the Shariah compliant securities either directly or via collective investment schemes of AmFunds Management Berhad that comply with Shariah principles.

The AmPRS – Islamic Equity Fund may also use Shariah compliant hedging instruments for the purpose of hedging if it is deemed necessary to do so.
Asset Allocation Shariah compliant equities, Shariah compliant equity-related securities (i.e. Shariah compliant warrants) and/or Shariah compliant REITs A minimum of 70% of the Fund’s NAV, where a maximum of 20% of the Fund’s NAV will be in Shariah compliant REITs
Sukuk and Shariah compliant money market instruments A maximum of 30% of the Fund’s NAV
Islamic liquid assets A minimum of 1% of the Fund’s NAV
Performance Benchmark
  • 40% FTSE Bursa Malaysia Emas Shariah Index
  • 30% MSCI AC Asia Pacific Islamic ex Japan Index
  • 30% RAM Quantshop Medium* GII Index

Note: * Medium means the duration is between three (3) years to seven (7) years.
Member Profile AmPRS – Islamic Equity Fund is suitable for members who seek:

  • long term capital growth on their Shariah compliant investment;
  • a diversified portfolio of Shariah compliant equities with strong emphasis on growth; and
  • a long term retirement savings* plan.

Note: Long term means the investment horizon should be at least five (5) years.

*Please note that members’ capital is neither guaranteed nor protected.

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 or click here to go to the PRS Provider’s page.

Investment Objective AmPRS – Islamic Balanced Fund aims to provide medium to long term capital growth by investing in Shariah compliant equities, sukuk and Shariah compliant money market instruments.

Note:Medium to long term means the investment horizon should be at least three (3) years.
Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Balanced (Islamic)
Investment Strategy The AmPRS – Islamic Balanced Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:

  • Shariah compliant equities;;
  • Sukuk and Shariah compliant money market instruments;
  • Shariah compliant REITs; and
  • Islamic liquid assets.

For AmPRS – Islamic Balanced Fund, the Shariah compliant securities that the AmPRS – Islamic Balanced Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. Foreign investments (if any) will be limited to 40% of the Fund’s NAV.

In order to achieve the investment objective, the Investment Manager may opt to invest in the Shariah compliant securities either directly or via collective investment schemes of AmFunds Management Berhad that comply with Shariah principles.

The AmPRS – Islamic Balanced Fund may also use Shariah compliant hedging instruments for the purpose of hedging if it is deemed necessary to do so.
Asset Allocation Shariah compliant equities, Shariah compliant equity-related securities (i.e. Shariah compliant warrants) and/or Shariah compliant REITs 40% to 60% of the Fund’s NAV, where a maximum of 20% of the Fund’s NAV will be in Shariah compliant REITss
Sukuk and Shariah compliant money market instruments 40% to 60% of the Fund’s NAV
Islamic liquid assets A minimum of 1% of the Fund’s NAV
Performance Benchmark
  • 25% FTSE Bursa Malaysia Emas Shariah Index
  • 25% MSCI AC Asia Pacific Islamic ex Japan Index
  • 50% RAM Quantshop Medium* GII Index

** The investment horizon should be at least five (5) years.
Member Profile AmPRS – Conservative Fund is suitable for members who seek:

  • medium to long term capital growth on their Shariah compliant investment;
  • a balanced portfolio that includes Shariah compliant equities, sukuk and Shariah compliant money market instruments; and
  • a long term retirement savings* plan.

Note: Medium to long term means the investment horizon should be at least three (3) years.
Long term means the investment horizon should be at least five (5) years.

* Please note that members’ capital is neither guaranteed nor protected.

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 or click here to go to the PRS Provider’s page.

Investment Objective AmPRS – Islamic Fixed Income Fund aims to provide short to medium term capital growth by investing primarily in sukuk and Shariah compliant money market instruments.

Note: Short to medium term means the investment horizon should not be more than three (3) years.
Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Fixed Income (Islamic)
Investment Strategy The AmPRS – Islamic Fixed Income Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:

  • Shariah compliant equities;;
  • Sukuk and Shariah compliant money market instruments;
  • Shariah compliant REITs; and
  • Islamic liquid assets.

For AmPRS – Islamic Fixed Income Fund, the Shariah compliant securities that the AmPRS – Islamic Fixed Income Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. Foreign investments (if any) will be limited to 20% of the Fund’s NAV.

In order to achieve the investment objective, the Investment Manager may opt to invest in the Shariah compliant securities either directly or via collective investment schemes of AmFunds Management Berhad that comply with Shariah principles.

The AmPRS – Islamic Fixed Income Fund may also use Shariah compliant hedging instruments for the purpose of hedging if it is deemed necessary to do so.
Asset Allocation Shariah compliant equities, Shariah compliant equity-related securities (i.e. Shariah compliant warrants) and/or Shariah compliant REITs A maximum of 30% of the Fund’s NAV, where a maximum of 20% of the Fund’s NAV will be in Shariah compliant REITs
Sukuk and Shariah compliant money market instruments A minimum of 70% of the Fund’s NAV
Islamic liquid assets A minimum of 1% of the Fund’s NAV
Performance Benchmark 1-year Malayan Banking Berhad General Investment Account Rate

Note: As the risk profile of the Fund is not the same as the risk profile of the performance benchmark; the Fund is expected to outperform its benchmark. However, there is no guarantee that the Fund will outperform the benchmark.
Member Profile AmPRS – Islamic Fixed Income Fund is suitable for members who seek:

  • short to medium term capital growth on their Shariah compliant investment.
  • a portfolio investing primarily in sukuk and Shariah compliant money market instruments; and
  • a long term retirement savings* plan.

Note: Medium to long term means the investment horizon should be at least three (3) years.
Long term means the investment horizon should be at least five (5) years.

* Please note that members’ capital is neither guaranteed nor protected.

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 or click here to go to the PRS Provider’s page.

Investment Objective/td> The Fund aims to provide returns through income* and to a lesser extent capital appreciation by investing in the AmTactical Bond.

Note:
* Income distribution (if any) will be reinvested. Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Feeder Fund (Bond)
Investment Strategy The Fund seeks to achieve its investment objective by investing a minimum of 95% of the Fund’s NAV in the AmTactical Bond (“Target Fund”) at all times. This implies that the Fund has a passive strategy.The Target Fund is managed by AmFunds Management Berhad. It seeks to achieve its objective by investing primarily in sovereign, quasi-sovereign and corporate bonds including convertible bonds. There is no minimum rating for a security purchased or held by the Target Fund. This is to enable the investment manager of the Target Fund to take a relatively high level of calculated credit risk for the Target Fund, justified by the relatively high level of expected return that could be generated by the Target Fund in return for taking the higher level of credit risk. The Target Fund’s investment is subject to active tactical duration management, where duration of the Target Fund’s investment will be monitored and modified according to interest rate outlook without any portfolio maturity limitation. The Target Fund may invest in fixed income securities with varying maturities. In view of that, the word “Tactical” is used as the fund name of the Target Fund.The Target Fund will invest in markets where the regulatory authorities are members of the International Organization of Securities Commission (IOSCO) including but not limited to the following countries: Malaysia, Australia, New Zealand, South Korea, Hong Kong, Singapore, Philippines, Indonesia and Thailand.

Note: A replacement of the Target Fund would require members’ approval.
Asset Allocation Target Fund A minimum of 95% of the Fund’s NAV
Liquid assets Up to 5% of the Fund’s NAV
Performance Benchmark RAM Quantshop All MGS Index, which is also the performance benchmark of the Target Fund.
Member Profile The Fund is suitable for members who:

  • are willing to assume risks associated with investing in securities with
    long duration (i.e. there will be no portfolio maturity limitation) and low
    credit ratings (i.e. there will be no minimum rating for the securities
    purchased or held by the Target Fund).

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 or click here to go to the PRS Provider’s page.

Investment Objective The Fund aims to provide capital appreciation by investing in the AmDynamic* Sukuk.

*The word “Dynamic” in this context refers to the Target Fund’s investment strategy which is active management, not buy-and-hold strategy.

Note:
Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Feeder fund (Sukuk)
Investment Strategy The Fund seeks to achieve its investment objective by investing a minimum of 95% of the Fund’s NAV in the AmDynamic* Sukuk (“Target Fund”) at all times. This implies that the Fund has a passive strategy.The Target Fund is managed by AmFunds Management Berhad. The Target Fund will undertake active management to enhance and optimize returns from investing in sovereign, quasi sovereign and corporate Sukuk. There is no minimum rating for a Sukuk purchased or held by the Target Fund. This is to enable the investment manager of the Target Fund to take a relatively high level of calculated credit risk for the Target Fund, justified by the relatively high level of expected return that could be generated by the Target Fund in return for taking the higher level of credit risk. The Target Fund may invest in Sukuk of varying maturities. The Target Fund’s investment maturity profile is subject to active tactical duration management in view of the interest rate scenario without any portfolio maturity limitation. In view of that, the word “Dynamic” is used as the fund name of the Target Fund.The Target Fund invests globally, including but not limited to Malaysia, Singapore, Indonesia, United Arab Emirates, Saudi Arabia, Bahrain, United Kingdom, Luxembourg, Jersey, Bermuda, Brunei, China, Australia, New Zealand, Japan, Hong Kong, United States of America and Germany. Notwithstanding the above, investments in foreign markets are limited to markets where the regulatory authority is a member of the International Organization of Securities Commission (IOSCO).

*The word “Dynamic” in this context refers to the Target Fund’s investment strategy which is active management, not buy-and-hold strategy.
Note: A replacement of the Target Fund would require members’ approval.
Asset Allocation Target Fund A minimum of 95% of the Fund’s NAV
Liquid assets Up to 5% of the Fund’s NAV
Performance Benchmark Bloomberg AIBIM Bursa Malaysia Sovereign Shariah Index (BMSSI), which is also the performance benchmark of the Target Fund.
Member Profile The Fund is suitable for members who:

  • want steady growth in value by investing in sukuk as an asset class; and
  • are willing to assume additional interest rate risk, duration risk and liquidity risk associated with investing in sukuk with long duration (i.e. there will be no portfolio maturity limitation) and low credit ratings (i.e. there will be no minimum rating for sukuk purchased or held by the Target Fund).

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 or click here to go to the PRS Provider’s page.

Investment Objective The Fund aims to provide income* and to a lesser extent capital appreciation over the Medium to Long Term by primarily investing in real estate investment trusts (REITs).

Note:
* Income distribution (if any) will be reinvested in the form of units.
Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Real estate (REITs)
Investment Strategy To achieve the investment objective, 70% to 98% of the Fund’s NAV will be invested in REITs listed in the Asia Pacific region, which includes but not limited to Australia, Hong Kong, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. In addition to country diversification, the Fund will also diversify into different REITs sectors such as residential, commercial and industrial. The Fund will hold between 2% to 30% of its NAV in liquid assets.The Investment Manager employs an active allocation strategy, which means the asset allocation decisions will be made after reviewing the macroeconomic trends and REITs market outlook of the respective countries in the Asia Pacific region. The Investment Manager will be targeting REITs that have been generating regular income returns and have potential for capital growth. In evaluating the suitability of a REIT, the Investment Manager, amongst other factors, will review the track record, investment portfolio, financial status, income distribution policy and cost factors of the REIT.

In an adverse market condition, the Investment Manager may increase its asset allocation to lower risk assets such as liquid assets to safeguard the investment of the Fund. During this period, the Fund‘s investment may differ from the stipulated investment strategy.

In order to achieve the investment objective, the Investment Manager will invest in REITs directly. However, the Fund may opt to invest at least 95% of its NAV in a REITs fund managed by AIS i.e. AmAsia Pacific REITs, which has similar investment objective with the Fund, for a period of five (5) years from the commencement of the Fund or upon reaching a fund size of RM20million, whichever is earlier.
Asset Allocation REITs 70% to 98% of the Fund’s NAV
Liquid assets 2% to 30% of the Fund’s NAV
Performance Benchmark S&P Pan Asia REITs Index.
Member Profile The Fund is suitable for members who:

  • an investment exposure through a diversified portfolio of REITs in Asia Pacific region; and
  • income* and to a lesser extent capital appreciation over the Medium to Long Term;

Note:
* Income distribution (if any) will be in the form of units.

CONTRIBUTIONS & WITHDRAWALS

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

All Funds
Minimum contribution For lump sum investment:
RM500 or lower amount as the PRS Provider may from time to time decide
For regular savings plan:
RM100 or lower amount as the PRS Provider may from time to time decide
Note: For Employer-Sponsored Retirement Scheme, the minimum contribution can be met by combining all contributions made by employer for their employees.
Minimum additional contribution For lump sum investment:
RM100 or lower amount as the PRS Provider may from time to time decide
For regular savings plan:
RM100 or lower amount as the PRS Provider may from time to time decide
Note: For Employer-Sponsored Retirement Scheme, the minimum contribution can be met by combining all contributions made by employer for their employees.
Minimum withdrawal/switching 500 units or such units as the PRS Provider may from time to time decide
Minimum holding/balance 200 units or such units as the PRS Provider may from time to time decide

FEES & CHARGES

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

AmPRS – Conservative Fund AmPRS – Moderate Fund AmPRS – Growth Fund AmPRS – Islamic Equity Fund
Sales charge Class D: Up to 3.00% of NAV per unit of the Class. Class I: There is no sales charge for this Class.
Redemption charge Class D and Class I: There will be no redemption charge for the Core Funds under the Scheme. Class D and Class I: There is no redemption charge for this Class
Switching fee (between funds in this Scheme) Class D and Class I:
Switching is allowed between Funds under the Scheme subject to a fee. You may be charged up to 3.00% of amount switched. However, switching between Class(es) within a Fund and switching between Class(es) between Funds are not allowed.
Switching fee (between funds in another PRS managed by AFM) Nil.
Transfer fee (to another PRS provider) Class D and Class I: Transfer of units from the Scheme to another scheme offered by another PRS provider is allowed at a fee of RM25, per transfer. This fee is payable to the PRS Provider.
Annual management fee Class D: Up to 1.50% p.a. of the net asset value attributable to this Class of units of the Fund.
Class I: Up to 1.25% p.a. of the net asset value attributable to this Class of units of the Fund.		 Class D: Up to 1.50% p.a. of the net asset value attributable to this Class of units of the Fund.
Class I: Up to 1.25% p.a. of the net asset value attributable to this Class of units of the Fund.
Annual scheme trustee fee Up to 0.04% p.a. of the NAV of the Fund Up to 0.04% p.a. of the NAV of the Fund (excluding foreign sub –custodian fee)
Annual PPA administration fee Class D and Class I: 0.04% p.a. of the net asset value of the Fund, payable to the PPA.

AmPRS – Islamic Balanced Fund AmPRS – Islamic Fixed Income Fund AmPRS – Tactical Bond AmPRS – Dynamic Sukuk AmPRS – Asia Pacific REITs
Sales charge Class D: Up to 3.00% of NAV per unit of the Class. Class I: There is no sales charge for this Class Class D: Up to 2.00% of NAV per unit of the Class. Class I: There is no sales charge for this Class Class D: Up to 2.00% of NAV per unit of the Class. Class I: There is no sales charge for this Class Class D: Up to 3.00% of NAV per unit of the Class. Class I: There is no sales charge for this Class
Redemption charge Class D and Class I: There is no redemption charge for this Class Class D and Class I: Up to 1.00% of NAV per unit of the Class. All redemption charge will be placed back into the Fund Class D and Class I: There is no redemption charge for this Class
Switching fee (between funds in this Scheme) Class D and Class I: Switching is allowed between Funds under the Scheme subject to a fee. You may be charged up to 3.00% of amount switched. However, switching between Class(es) within a Fund and switching between Class(es) between Funds are not allowed.
Switching fee (between funds in another PRS managed by AFM) Nil.
Transfer fee (to another PRS provider) Class D and Class I: Transfer of units from the Scheme to another scheme offered by another PRS provider is allowed at a fee of RM25, per transfer. This fee is payable to the PRS Provider.
Annual management fee Class D: Up to 1.50% p.a. of the NAV attributable to this Class of units of the Fund
Class I: Up to 1.25% p.a. of the NAV attributable to this Class of units of the Fund		 Class D and Class I: Up to 1.00% p.a. of the NAV attributable to this Class of units of the Fund Class D and Class I: Up to 1.00% p.a. of the NAV attributable to this Class of units of the Fund Class D: Up to 1.50% p.a. of the NAV attributable to this Class of units of the Fund
Class I: Up to 1.25% p.a. of the NAV attributable to this Class of units of the Fund
Annual scheme trustee fee Up to 0.04% p.a. of the NAV of the Fund (excluding foreign sub –custodian fee) Up to 0.04% p.a. of the NAV of the Fund Up to 0.04% p.a. of the NAV of the Fund (excluding foreign sub –custodian fee)
Annual PPA administration fee Class D and Class I: Up to 0.04% p.a. of the NAV of the Fund

RISKS DISCLOSURE

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

Market risk, inflation risk, Investment Manager Risk, Country Risk, Non-Compliance Risk, Capital and Returns Not Guaranteed.

Specific Risks of the Funds

AmPRS – Conservative Fund AmPRS – Moderate Fund AmPRS – Growth Fund AmPRS – Islamic Equity Fund
Securities Risk checkmark checkmark checkmark checkmark
Credit (default) Risk checkmark checkmark checkmark checkmark
Interest rate risk checkmark checkmark checkmark checkmark
Risks associated with investment in REITs checkmark checkmark checkmark checkmark
Liquidity Risk checkmark checkmark checkmark checkmark
Currency Risk checkmark checkmark checkmark checkmark
Country Risk checkmark checkmark checkmark checkmark
Regulatory and Legal Risk checkmark checkmark checkmark checkmark
Taxation Risk checkmark checkmark checkmark checkmark
Shariah non-compliance risk checkmark checkmark checkmark checkmark
Reclassification of Shariah status risk checkmark checkmark checkmark checkmark

AmPRS – Islamic Balanced Fund AmPRS – Islamic Fixed Income Fund AmPRS – Tactical Bond AmPRS – Dynamic Sukuk AmPRS – Asia Pacific REITs
Securities Risk checkmark checkmark checkmark checkmark checkmark
Credit (default) Risk checkmark checkmark checkmark checkmark checkmark
Interest rate risk checkmark checkmark checkmark checkmark checkmark
Risks associated with investment in REITs checkmark checkmark checkmark checkmark checkmark
Liquidity Risk checkmark checkmark checkmark checkmark checkmark
Currency Risk checkmark checkmark checkmark checkmark checkmark
Country Risk checkmark checkmark checkmark checkmark checkmark
Shariah non-compliance risk checkmark checkmark checkmark checkmark checkmark
Reclassification of Shariah status risk checkmark checkmark checkmark checkmark checkmark
Risks of a passive strategy checkmark checkmark checkmark checkmark checkmark
Risk of not meeting the Fund’s investment objective checkmark checkmark checkmark checkmark checkmark
Risks associated with investment in REITs checkmark checkmark checkmark checkmark checkmark
Regulatory and Legal Risk checkmark checkmark checkmark checkmark checkmark
Taxation Risk checkmark checkmark checkmark checkmark checkmark

OTHERS

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 the PRS Provider at 03-2032 2888 for the list of distributors.

Tel: 603 – 2032 2888
Fax: 603 – 2031 5210
Email: aminvestprs@aminvest.com

PRS Advisers

1. AmBank Berhad
2. iFAST Capital Sdn Bhd
3. Kenanga Investment Bank Berhad
4. Philip Mutual Berhad
5. VKA Wealth Planners Sdn Bhd
6. Whitman Independent Advisors Sdn Bhd

PRS Providers & Schemes

PRS Providers
Affin Hwang AM
AIA
AmInvest
Kenanga Investors
Manulife Investment Management
Principal Asset Management
Public Mutual
RHB AM
PRS Distributors
List of Schemes & Funds
Fees Comparison