AHAM Private Retirement Scheme (Core Fund)

Scheme Trustee: CIMB Commerce Trustee Berhad

AHAM PRS Conservative Fund
Investment
Objective
To provide Members with a Fund that preserves #capital for their retirement needs
#The Fund is not a capital guaranteed nor a capital protected fund.
Fund Category Core (Conservative) – Mixed Asset
Investment
Strategy
The Fund will be investing primarily in local and foreign fixed income instruments (including money market instruments) such as bonds, corporate bonds, commercial papers and other permitted investments as listed in Section 5.11 of the Disclosure Document, which will be at a minimum of 60% of the Fund’s NAV. The Provider will mainly focus on investments in fixed income instruments with a minimum of BBB3 / P2 ratings by RAM or equivalent rating by other credit rating agencies. The Provider may also invest in fixed income instruments that are unrated (subject to the Provider’s internal credit analysis) and fixed income instruments that are rated below the BBB3 / P2 ratings by RAM or equivalent rating by other credit rating agencies. To manage the risks posed by these types of fixed income instruments, the exposures will be capped at 5% of the Fund’s NAV.

The Fund may invest in derivatives, such as foreign exchange forward contracts and cross currency swaps for hedging purposes. To enhance returns, the Fund may invest in dividend paying equities. Exposure in equities will be capped at a maximum of 40% of the Fund’s NAV and will include investments in Foreign Markets to increase the Fund’s investment and diversification opportunities. The Fund may also invest in collective investment schemes that have similar objectives to the Fund.
#The Fund is not a capital guaranteed nor a capital protected fund.
Asset
Allocation
Equities and equity-linked instruments Minimum of 0% to maximum of 40% of the NAV of the Fund
Fixed income instruments (including money market instruments) Minimum of 60% to maximum of 100% of the NAV of the Fund
Performance
Benchmark
10% MSCI AC World Index
5% MSCI AC Asia ex Japan Index
5% FTSE Bursa Malaysia Top 100 Index
80% Maybank 12-Month Fixed Deposit Rate
Member
Profile
  • are generally conservative
  • risk averse
Age group of fifty five (55) years old and above if contribute under Default Option.
Risks
Disclosure
Equity investment risk, Credit/default risk, Interest rate risk, Collective investment scheme risk, Currency risk, Country risk, Derivatives risk