RHB ASSET MANAGEMENT SDN. BHD.

CORPORATE INFORMATION

RHB Asset Management Sdn Bhd is a wholly-owned subsidiary of RHB Investment Bank Berhad. RHB Group Asset Management enjoys a significant presence in the ASEAN and Greater China region, with offices in Malaysia, Hong Kong, Indonesia, and Singapore where we offer customers close to 30 years’ worth of expertise and knowledge in asset management. In Malaysia, RHB Group Asset Management remains as one of the top 3 fund management companies in terms of total assets under management, offering conventional and Islamic products. In Indonesia, our ranking continued to improve and we closed 2015 at number 14 in terms of market share, out of the 85 players there.

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

Scheme Trustee: CIMB Commerce Trustee Berhad

RHB Retirement Series – Conservative Fund

Investment Objective The Fund seeks to provide capital preservation* for the members’ investment.
* Members are advised that their capital is neither guaranteed nor protected.
Fund Category Core (Conservative).
Investment Strategy To achieve its investment objective, the Fund will invest up to 100% of its NAV in fixed income instruments issued by Malaysian and foreign companies or Malaysian or foreign government. The Fund may also invest in equities listed in Malaysia and foreign markets and up to 50% of its NAV in equities with high dividend yield. Remaining of its NAV will be invested in liquid assets.

The Fund may invest in foreign equities with high dividend yield listed in the Asia Pacific ex-Japan markets (including, but not limited to, Malaysia, Australia, China, Hong Kong, India, Indonesia, New Zealand, South Korea, the Philippines, Singapore, Taiwan and Thailand) including equities with high dividend yield of Asia Pacific ex-Japan companies that are listed on or traded in non-Asia ex-Japan markets. There will be no restriction on country allocation. The objective is to invest into equities that have strong cash flow and strong balance sheet to support a sustainable dividend income, in order to reduce the volatility of the Fund.

The Fund may also opt to invest in the equities with high dividend yield either directly or via collective investment schemes of RHBAM or other collective investment schemes (including real estate investment trusts and exchange traded funds).
For the fixed income portion, the Fund may invest in fixed income instruments provided that at the point of purchasing the instruments, issuers or financial institutions carry a minimum rating of ‘A3’ as rated by any reputable Domestic Rating Agencies^^ or a minimum rating of ‘BBB-’ as rated by any reputable Global Rating Agencies^^^, without restriction on the tenure of these fixed income instruments.

^^ “Domestic Rating Agencies” refer to local credit assessment institutions that are recognised by the SecuritiesCommission Malaysia.
^^^ “Global Rating Agencies” refer to global credit assessment institutions that are recognised in line with relevant laws.

The Fund will also invest in liquid assets including money market instruments, deposits with financial institutions and collective investment schemes investing in money market instruments and/or deposits with financial institutions.

Asset Allocation Fixed income instruments Up to 100% of the NAV.
Equities with high dividend yield Up to 50% of the NAV.
Liquid assets Remaining of the NAV.
Performance Benchmark Weighted average of FTSE Bursa Malaysia KLCI Index (30%) and RHB Bank Berhad’s 12 months fixed deposit rate (70%).

The risk profile of the Fund is not the same as the risk profile of the performance benchmark.

Member Profile Suitable for members with a low risk profile.

Members aged 55 years and above will be allocated to this Fund under the default option.

RHB Retirement Series – Moderate Fund

Investment Objective The Fund seeks to provide returns through a balanced mix of income* and growth.
* Income will be automatically reinvested into the Fund.
Fund Category Core (Moderate)
Investment Strategy To achieve its investment objective, the Fund will invest up to 100% of its NAV in equities listed in Malaysia and foreign markets with majority of the investment will be focus on high dividend yielding equities and up to 60% of its NAV in fixed income instruments and/or liquid assets.

The Fund may invest in foreign equities listed in the Asia Pacific ex-Japan markets (including, but not limited to, Malaysia, Australia, China, Hong Kong, India, Indonesia, New Zealand, South Korea, Philippines, Singapore, Taiwan and Thailand) including equities of Asia Pacific ex-Japan companies that are listed on or traded in non-Asia ex-Japan markets. There will be no restriction on country allocation.

The Fund may also opt to invest in the equities either directly or via collective investment schemes of RHBAM or other collective investment schemes (including real estate investment trusts and exchange traded funds).

For the fixed income portion, the Fund may invest in fixed income instruments provided that at the point of purchasing the instruments, the issuers or financial institutions carry a minimum rating of ‘A3’ as rated by any reputable Domestic Rating Agencies^^ or a minimum rating of ‘BBB-’ as rated by any reputable Global Rating Agencies^^^, without restriction on the tenure of these fixed income instruments.

^^ “Domestic Rating Agencies” refer to local credit assessment institutions that are recognised by the Securities Commission Malaysia.
^^^ “Global Rating Agencies” refer to global credit assessment institutions that are recognised in line with relevant laws.

The Fund will also invest in liquid assets including money market instruments, deposits with financial institutions and collective investment schemes investing in money market instruments and/or deposits with financial institutions.

Asset Allocation Equities Up to 100% of the NAV (with majority of the investment will be focus on high dividend yielding equities).
Fixed income instruments and/or liquid assets Fixed income instruments and/or liquid assets Up to 60% of the NAV.
Cash or cash equivalent Up to 5% of the Fund’s NAV
Performance Benchmark Weighted average of FTSE Bursa Malaysia Emas Index (30%), MSCI AC Asia Pacific ex-Japan Index (20%) and RHB Bank Berhad’s 12 months fixed deposit rate (50%).

The risk profile of the Fund is not the same as the risk profile of the performance benchmark.

Member Profile Suitable for members with a medium risk profile.

Members aged 45 years and above but have not yet reached 55 years will be allocated to this Fund under the default option.

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 capital growth.
Fund Category Core (Growth)
Investment Strategy To achieve its investment objective, the Fund will invest up to 100% of its NAV in equities listed in Malaysia and foreign markets and up to 50% of its NAV in fixed income instruments and/or liquid assets.

The Fund may invest in foreign equities listed in the Asia Pacific ex-Japan markets (including, but not limited to, Malaysia, Australia, China, Hong Kong, India, Indonesia, New Zealand, South Korea, the Philippines, Singapore, Taiwan and Thailand) including equities of Asia Pacific ex-Japan companies that are listed on or traded in non-Asia ex-Japan markets. There will be no restriction on country allocation.

The Fund may also opt to invest in the equities either directly or via collective investment schemes of RHBAM or other collective investment schemes (including real estate investment trusts and exchange traded funds).

For the fixed income portion, the Fund may invest in fixed income instruments provided that at the point of purchasing the instruments, the issuers or financial institutions carry a minimum rating of ‘A3’ as rated by any reputable Domestic Rating Agencies^^ or a minimum rating of ‘BBB-’ as rated by any reputable Global Rating Agencies^^^, without restriction on the tenure of these fixed income instruments.

^^ “Domestic Rating Agencies” refer to local credit assessment institutions that are recognised by the Securities Commission Malaysia.
^^^ “Global Rating Agencies” refer to global credit assessment institutions that are recognised in line with relevant laws.

The Fund will also invest in liquid assets including money market instruments, deposits with financial institutions and collective investment schemes investing in money market instruments and/or deposits with financial institutions.

Asset Allocation Equities Equities Up to 100% of the NAV.
Fixed income instruments and/or liquid assets Up to 50% of the NAV.
Performance Benchmark Weighted average of FTSE Bursa Malaysia Emas Index (70%) and MSCI AC Asia Pacific ex-Japan Index (30%).

The risk profile of the Fund is not the same as the risk profile of the performance benchmark.

Member Profile Suitable for members with a high risk profile.

Members below 45 years will be allocated to this Fund under the default option.

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 click here to go to the PRS Provider’s page
Investment Objective The Fund aims to provide above average capital growth* over a medium to long term^ period by investing in one target fund.

Note: * “above average capital growth” here refers to capital growth that outperforms the benchmark of the Fund over a medium to long term period.
^ “medium to long term” in this context refers to a period between 3 – 7 years.

Fund Category Non – Core (Feeder fund – equity (Shariah-compliant)).
Investment Strategy The Fund will invest principally in the target fund, i.e. the RHB Dana Islam (“Dana Islam”) which is managed by RHBAM.

Both RHBAM and Dana Islam are regulated by the Securities Commission Malaysia under the Capital Markets and Services Act 2007.

Although the Fund is passively managed, the investments of the Fund will be rebalanced from time to time to meet sales and redemption transactions and to enable the proper and efficient management of the Fund.

Asset Allocation Investments in units of Dana Islam At least 95% of the NAV
Investments in liquid assets including Islamic
money market instruments and placements of cash
1% to 5% of the NAV.
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 performance benchmark .

Member Profile The Fund is suitable for members who are looking for investments in a diversified portfolio of assets that comply with Shariah requirements. These members are willing to accept moderate to high risk in their investments and prefer capital growth rather than income over a medium to long term^ period.

^Note: “medium to long term” in this context refers to a period of between 3 – 7 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 click here to go to the PRS Provider’s page
Investment Objective The Fund aims to maximise total returns through a combination of long term^ growth of capital and current income# consistent with the preservation of capital* by investing in one target fund.

Note: ^ “long term” in this context refers to a period between 5 – 7 years.
# Income is in the form of Units.
* The Fund is not a capital protected or a capital guaranteed fund.

Fund Category Non – Core (Feeder fund – balanced (Shariah-compliant)).
Investment Strategy The Fund will invest principally in the target fund, i.e. the RHB Dana Hazeem (“Dana Hazeem”) which is managed by RHBAM. Both RHBAM and Dana Hazeem are regulated by the Securities Commission Malaysia under the Capital Markets and Services Act 2007.

Although the Fund is passively managed, the investments of the Fund will be rebalanced from time to time to meet sales and redemption transactions and to enable the proper and efficient management of the Fund.

Asset Allocation Investments in units of Dana Hazeem At least 95% of the NAV.
Investments in liquid assets including Islamic
money market instruments and placements of cash
1% to 5% of the NAV.
Performance Benchmark Composite benchmark comprising:

  • 50% FTSE Bursa Malaysia Emas Shariah Index or such other equivalent index as may be substituted by Bursa Malaysia Securities Berhad; and
  • 50% Maybank Islamic Bank Berhad 12-month Islamic fixed deposit.

Note: The risk profile of the Fund is not the same as the risk profile of the performance benchmark.

Member Profile The Fund is suitable for members who require investments that comply with Shariah requirements and are willing to accept moderate risk in their investments in order to achieve long term^ growth and income#.

Note: ^ “long term” in this context refers to a period between 5 – 7 years.
# Income is 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.

For All Funds
Minimum contribution Initial contribution: RM100.00 or such other amount as the PRS Provider may decide from time to time.
Subsequent contribution: RM100.00 or such other amount as the PRS Provider may decide from time to time.
Minimum Withdrawal No minimum.

FEES & CHARGES

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

RHB Retirement Series – Conservative Fund RHB Retirement Series – Moderate Fund RHB Retirement Series – Growth Fund RHB Retirement Series – Islamic Equity Fund RHB Retirement Series – Islamic Balanced Fund
Sales charge Up to 0.50% of the NAV per unit. Up to 1.00% of the NAV per unit. Up to 3.00% of the NAV per unit.
Members may negotiate for a lower sales charge. An investor can expect differing sales charge to be levied when buying units from the various distribution channels and within each distribution channel (i.e. directly from RHBAM or participating Institutional Private Retirement Scheme Adviser (“IPRSAs”) or Corporate Private Retirement Scheme Adviser (“CPRSAs”) or private retirement scheme consultants), subject to the maximum sales charge stipulated above. This is due to the different levels of services provided by each distribution channel and/or the size of the investment undertaken.
Redemption charge Nil.
Switching fee (between funds in this Scheme) Nil.
Switching fee (between funds in another PRS managed by RHBAM) Not Applicable.
Transfer fee (to another PRS provider) RM 25 for each transfer transaction
Annual management fee Up to 1.00% per annum of the NAV of the Fund. Up to 1.50% per annum of the NAV of the Fund.
Annual scheme trustee fee Up to 0.04% per annum of the NAV of the Fund
Annual PPA administration fee 0.04% per annum 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

Inflation risk, Non-compliance risk, Capital and returns not guaranteed, Fund Manager risk, Risks associated with the default option, Legal and regulatory risk and Market risk.

Specific Risks of the Funds

RHB Retirement Series – Conservative Fund RHB Retirement Series – Moderate Fund RHB Retirement Series – Growth Fund
Equity Risk checkmark checkmark checkmark
Credit Risk checkmark checkmark checkmark
Interest Rate Risk checkmark checkmark checkmark
Liquidity Risk checkmark checkmark checkmark
Income Distribution Risk checkmark checkmark checkmark
Derivative Risk checkmark checkmark checkmark
Collective Investment Scheme Risk checkmark checkmark checkmark
Currency Risk checkmark checkmark checkmark
Country Risk checkmark checkmark checkmark

RHB Retirement Series – Islamic Equity Fund RHB Retirement Series – Islamic Balanced Fund
Management Risk checkmark checkmark
Market Risk checkmark checkmark
Particular Security Risk checkmark checkmark
Reclassification of Shariah Status Risk checkmark checkmark
Interest Rate Risk checkmark checkmark
Credit/default Risk 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.

RHB Bank
Level 2, Tower Two & Three, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur.
Toll Free no: 1-800-88-8742
Website: www.rhbgroup.com

RHB Asset Management Sdn Bhd (Company No. 174588-X)
Level 8, Tower 2 & 3, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur.
Tel: 603-9205 8000
Fax: 603-9205 8100
Toll Free no: 1-800-88-3175
Email: rhbam@rhbgroup.com
Website: www.rhbgroup.com

RHB Asset Management Sdn Bhd offices:

Penang Office
64-D Lebuh Bishop
10200 Penang
Tel: 04-264 5639
Fax: 04-264 5640
Ipoh Office
4th Floor, 21-25,
Jalan Seenivasagam, Greentown
30450 Ipoh, Perak
Tel: 05-242 4311
Fax: 05-242 4312
Batu Pahat Office
53, 53-A and 53-B Jalan Sultanah
83000 Batu Pahat, Johor
Tel: 07-438 0271
Fax: 07-438 0277
Melaka Office
581B, Taman Melaka Raya
75000 Melaka
Tel: 06-284 4211
Fax: 06-292 2212
Kuantan Office
B 32-34, 2nd Floor
Lorong Tun Ismail 8
Sri Dagangan II
25000 Kuantan, Pahang
Tel: 09-517 3611
Fax: 09-517 3612
Taman Molek Office
2nd Floor, No. 21 & 23
Jalan Molek 1/30
Taman Molek
81100 Johor Bahru
Johor
Tel: 07 – 358 3587
Fax: 07 -358 3581
Kota Bharu Office
No 3953-H, 1st Floor
Jalan Kebun Sultan
15350 Kota Bharu, Kelantan
Tel: 09-741 8539
Fax: 09-741 8540
Kuching Office
Lot 172, Section 49, K.T.L.D
Jalan Chan Chin Ann
93100 Kuching, Sarawak
Tel: 082-245 611
Fax: 082-242 712
Kota Kinabalu Office
Lot No. C-02-04, 2nd Floor
Block C, Warisan Square
Jalan Tun Fuad Stephens
88000 Kota Kinabalu, Sabah
Tel: 088-528 686/692
Fax: 088-528 685
Miri Office
Lot 1268, Second Floor
Centre Point Commercial Centre
Jalan Melayu
98000 Miri, Sarawak
Tel: 085-422 788
Fax: 085-415 243


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