Public Mutual PRS Islamic Growth Fund (PRS-IGRF)

Investment Objective	The fund seeks long-term capital growth and to a lesser extent income. Note: Long-term refers to a period of more than 5 years. Any material changes to the investment objective of the fund would require members’ approval.
Fund Category	Core (Growth)
Investment Strategy	PRS-IGRF seeks to achieve its objective by investing primarily in Shariah-compliant shares or Shariah-compliant securities equivalent to shares with the balance of the fund’s NAV invested in sukuk, Islamic money market instruments and Islamic deposits. To achieve increased diversification, the fund may invest in both domestic and selected foreign markets. Typical Asset Classes Shariah-compliant equity and Shariah-compliant equity-related securities, which include: Shariah-compliant index stocks, Shariah-compliant dividend stocks and Shariah-compliant growth stocks Shariah-compliant stocks of IPO companies seeking a listing in Eligible Markets Unlisted Shariah-compliant equities Shariah-compliant warrants (Up to 20% of NAV) Islamic collective investment schemes Sukuk Islamic liquid assets which include Islamic money market instruments, Islamic investment accounts and Islamic deposits Location of Assets Malaysia, China, Singapore, South Korea, Thailand, Taiwan, Indonesia, Hong Kong, Philippines and any other permitted markets where the regulatory authority is an ordinary or associate member of the IOSCO. Investment Approach Shariah-compliant shares or Shariah-compliant securities equivalent to shares: Bottom-up approach in Shariah-compliant shares or Shariah-compliant securities equivalent to shares selection process which relies on fundamental research where the financial health, industry prospects, management quality and past track records of companies are assessed. Islamic collective investment schemes: The suitability of the Islamic collective investment scheme will be evaluated to ensure that the investment strategies of the said Islamic collective investment scheme are aligned to the fund’s investment strategies and objective. Sukuk and Islamic money market instruments: The asset allocation between sukuk and Islamic money market instruments will depend on economic growth, interest rate trends and market liquidity conditions. As the fund is actively managed and its holdings may differ from its benchmark, the risk profile of the fund is not the same as the risk profile of the benchmark.
Asset Allocation	The fund will invest primarily in Shariah-compliant shares or Shariah-compliant securities equivalent to shares. The balance of the fund’s NAV will be invested in sukuk, Islamic money market instruments and Islamic deposits. If the outlook for equity market is unfavourable, the Shariah-compliant shares or Shariah-compliant securities equivalent to shares exposure may be reduced while the exposure to sukuk, Islamic money market instruments and Islamic deposits may be increased as a temporary defensive strategy.
Performance Benchmark	35% FTSE Bursa Malaysia Hijrah Shariah Index, 35% customised index by S&P Dow Jones Indices, LLC based on the top 100 constituents by market capitalisation of the S&P Shariah BMI Asia Ex-Japan Index and 30% 3-Month Islamic Interbank Money Market (IIMM) rate. Note: The risk profile of the fund is not the same as the risk profile of the benchmark.
Member Profile	Risk tolerant Preference for long-term capital growth and to a lesser extent income* With at least 10 years to retirement Age below 45 if contribute under the default option** Notes: * Distribution (if any) will be automatically reinvested into the fund. ** Age group may be subject to changes as may be determined by the relevant authorities from time to time.
Risks Disclosure	Market risk, Specific security risk, Currency risk, Country risk, Liquidity risk, Risk associated with investments in Shariah-compliant warrants, Risk of non-compliance with Shariah requirements

Public Mutual Private Retirement Scheme – Shariah-based Series