Public Mutual PRS Islamic Moderate Fund (PRS-IMDF)

Investment Objective	The fund seeks income and capital growth over the long-term through a balanced asset allocation approach. Note: This is neither a capital guaranteed nor a capital protected fund. Any material changes to the investment objective of the fund would require members’ approval.
Fund Category	Core (Moderate)
Investment Strategy	PRS-IMDF seeks to achieve its objective by adopting a balanced asset allocation approach between Shariah-compliant shares or Shariah-compliant securities equivalent to shares and sukuk with the balance of the fund’s NAV invested in 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 transferable securities: Shariah-compliant shares and Shariah-compliant securities equivalent to shares that the fund may invest in include: Shariah-compliant index stocks, Shariah-compliant dividend stocks and Shariah-compliant growth stocks Shariah-compliant warrants (up to 10% of NAV) Sukuk Unlisted Shariah-compliant shares Units or shares of other Islamic collective investment schemes Islamic money market instruments which include unrestricted investment accounts Islamic deposits with licensed domestic and foreign financial institutions Location of Assets Malaysia, China, Singapore, South Korea, Thailand, Taiwan, Indonesia, Hong Kong, Philippines and any other selected foreign markets. 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 adopt a balanced asset allocation approach between Shariah-compliant shares or Shariah-compliant securities equivalent to shares and sukuk. The balance of the fund’s NAV will be invested in 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	30% FTSE Bursa Malaysia Hijrah Shariah Index, 30% 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 40% 3-Month IIMM rate. Note: The risk profile of the fund is not the same as the risk profile of the benchmark.
Member Profile	Moderate risk tolerance Preference for capital growth and income* Age 45 to below 55 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, Interest rate risk, Credit risk, Risk associated with investments in Shariah-compliant warrants, Risk associated with investments in warrants

Public Mutual Private Retirement Scheme – Shariah-based Series