PMB DANA MUTIARA

Category

Equity

Growth

Income

Risk

Moderate

Horizon

Long

Medium

Daily Fund Price

NAV per Unit (RM)

0.3094

Change (RM)

-0.0019

Change (%)

-0.6103

Closing Prices For 13 Dec 2018

*Net Aset Value (NAV) Per Unit

Objective

The Objective Of The Fund Is To Provide Investors With Steady Return And To Achieve Capital Growth In The Medium To Long Term By Investing In Equities And Fixed Income Securities That Conform To The Shariah Principles.

Financial Year End

30 June

Fund Category / Type

Equity / Growth & Income

Asset Allocation

The Fund shall invest between 70% and 99.5% of its NAV in Shariah-compliant equity and equity-related securities. The balance will be invested in Islamic money market instruments and/or Islamic deposit placements, Islamic debt securities and/or other permitted investments

Investors Profile

The Fund is suitable for investors who:

  • Have a moderate risk tolerance level;
  • Have a medium to long term investment horizon;
  • Prefer a fund that conforms to Shariah principles;
  • Seek for steady income return for short term and
  • a reasonable capital growth for long term; and

*Effective 17 July 2017, priority to invest in this fund is given to all employ
fees, pensioners and communities of agencies and subsidiaries of the Ministry of Rural and Regional Development (KKLW) and also entities related to rural and regional development.

Principal Risk(s)

  • Equity market risk.
  • Stock specific risk.
  • Shariah status reclassification risk.

Trustee

AmanahRaya Trustees Berhad

Others

Product Highlight Sheet (PHS) 1 MB Download File

What Unit Trust Fund Are You Investing In?

  • You are investing in a unit trust fund constituted in Malaysia that aims to provide investors with steady return and to achieve capital growth in the medium to long term by investing in equities and xed income securities that conform to the Shariah principles.
  • You may receive distribution (if any) from the Fund, subject to the availability of income for the nancial period. The distribution may be in the form of cash or additional units.
Investment Strategy

  • You are investing in a unit trust fund constituted in Malaysia that aims to provide investors with steady return and to achieve capital growth in the medium to long term by investing in equities and xed income securities that conform to the Shariah principles.
  • You may receive distribution (if any) from the Fund, subject to the availability of income for the nancial period. The distribution may be in the form of cash or additional units.
Shariah Principles Applicable

  • Investor appoints PMB Investment to manage and invest the Fund under the Islamic contract of ‘Wakalah’ or Agency
  • PMB Investment is appointed to undertake the investment activities on behalf of the investors for ‘Ujrah’ or fee.
Parties Involved

  • PMB Investment Berhad: the Manager of the Fund
  • AmanahRaya Trustees Berhad: the Trustee of the Fund
  • BIMB Securities Sdn Bhd: the Shariah Adviser of the Fund
Possible Outcomes

As the Fund will invest primarily in the equity market, its NAV and hence your investment capital will be subject to the market fluctuation.

*Assuming as a result of the market movement, the Fund and your investment may possibly end with the following outcomes:

Movement of the Fund’s NAV

Outcome of your investment capital

Increase by 10%

Increase by 10%

Decrease by 10%

Decrease by 10%

*Other things remain unchanged
# Please refer to Chapter 3,6 & 7 of the Master Prospectus for further information on product specific risks.

Average Total Return

  Fund / Benchmark

For The Period Ended 30 June 2017

1 Years

3 Years

5 Years

10 Years

  PMB MUTIARA

7.58%

0.09%

2.75%

0.29%

  FBMSHA

5.94%

(1.43%)

3.11%

3.22%

 

Source: Lipper

# Note: Effective from 28 April 2014, the financial year of PMB Mutiara ends on 30 June. Prior to that, the period ended on 15 June.

Annual Total Return

Annual Total Return for the Past 10 Financial Year-Ending 30 June

Year PMB Mutiara Benchmark

2017

7.58%

5.94%

2016

0.05%

(0.87%)

2015

(6.83%)

(8.80%)

2014

5.63%

9.10%

2013

9.81%

13.57%

2012

(3.74%)

0.57%

2011

18.05%

22.60%

2010

7.72%

15.93%

2009

(19.67%)

(14.21%)

2008

(9.97%)

(3.20%)

 

# Note: Effective from 28 April 2014, the financial year of PMB Mutiara ends on 30 June. Prior to that, the period ended on 15 June.

  Financial Year End 30 June
2017 2016 2015
  Gross Distribution Per Unit – Cash (sen) 1.00 0.75 1.80
  Net Distribution Per Unit – Cash (sen) *1.00 *0.75 *1.70

 

* Distribution is in the form of ‘units

2017 2016 2015
0.75 times 0.99 times 1.01 times
The PTR was lower than the previous year as a result of a decrease in trading activities undertaken by the Fund during the financial year
Asset Allocation.

  Year 2017 2016 2015
  Equities
91.89% 72.37%
74.66%
  Islamic Real Estate Investment Trust (REIT)
3.74%
  Collective Investment Scheme 6.79%
  Derivatives 0.60%
  Deposit Placement & Others
7.51% 27.63% 14.81%

 

The Fund’s exposure in equities was marginally increased to 91.89% in 2017

Historical Fund Performance

1-Year Fund Performance Review


For the 1-year period ended 30 June 2017, PMB Dana Mutiara (PMB Mutiara) posted a return of 7.58% compared to a return of 5.94% on the FTSE Bursa Malaysia EMAS Shariah Index (FBMSHA).

Note: Change of benchmark
1 November 2007, FBMSHA (replacement of the KLSI by Bursa Malaysia with the FBMSHA).

Historical Financial Highlights

Financial Year Ending 30 June
Extract of Audited Statement of Income and Expenditure

 

  Financial Year End 30 June 2017 2016 2015
  Total Investment Income/(loss) (RM) 568,775 172,215 (290,228)
  Total Expenses (RM) (145,053) (168,747) (172,540)
  Net Income/(loss) before taxation (RM) 423,722 3,468 (462,768)
  Taxation (RM) (15,944)
  Net Income/(loss) after taxation (RM) 423,722 3,468 (478,712)

 

Financial Year Ending 30 June
Extract of Audited Statement of Income and Expenditure

 

  Financial Year End 30 June 2017 2016 2015
  Total Investment (RM) 5,824,721 5,68 6,118,811
  Other Asset (RM) 285,866 462,844 253,752
  Total Assets (RM) 6,110,587 6,151,539 6,372,563
  Total Liabilities (RM) (309,912) (346,554) (289,733)
  Net Assets Value (RM) 5,800,675 5,804,985 6,082,830
  Unit Holders Funds (RM) 5,800,675 5,804,985 6,082,830

 


PAST PERFORMANCE OF THE FUND IS NOT AN INDICATION OF ITS FUTURE PERFORMANCE.

Total Annual Expenses

The table below shows the total annual expenses incurred by the Fund in its respective preceding financial year-end. The percentage was calculated based on the Average NAV.

  Fund Mgt Fee Trustee Fee Fund Expenses Total Expenses
(RM’000) (%) (RM’000) (%) (RM’000) (%) (RM’000) (%)
  PMB MUTIARA 89 1.54 3 0.05 53 0.91 145 2.50

 

Management Expenses Ratio (MER)

The MER of the Fund for the respective latest financial year are as follows:

  Fund/Financial Year End 2017 2016 2015
  PMB MUTIARA 1.95% 1.97% 1.85%

 

Total Return
Average Total Return

  Fund / Benchmark

For The Period Ended 30 June 2017

1 Years

3 Years

5 Years

10 Years

  PMB MUTIARA

7.58%

0.09%

2.75%

0.29%

  FBMSHA

5.94%

(1.43%)

3.11%

3.22%

 

Source: Lipper

# Note: Effective from 28 April 2014, the financial year of PMB Mutiara ends on 30 June. Prior to that, the period ended on 15 June.

Annual Total Return

Annual Total Return for the Past 10 Financial Year-Ending 30 June

Year PMB Mutiara Benchmark

2017

7.58%

5.94%

2016

0.05%

(0.87%)

2015

(6.83%)

(8.80%)

2014

5.63%

9.10%

2013

9.81%

13.57%

2012

(3.74%)

0.57%

2011

18.05%

22.60%

2010

7.72%

15.93%

2009

(19.67%)

(14.21%)

2008

(9.97%)

(3.20%)

 

# Note: Effective from 28 April 2014, the financial year of PMB Mutiara ends on 30 June. Prior to that, the period ended on 15 June.

Distribution Highlight
  Financial Year End 30 June
2017 2016 2015
  Gross Distribution Per Unit – Cash (sen) 1.00 0.75 1.80
  Net Distribution Per Unit – Cash (sen) *1.00 *0.75 *1.70

 

* Distribution is in the form of ‘units

Portfolio Turnover Ratio (PTR)
2017 2016 2015
0.75 times 0.99 times 1.01 times
The PTR was lower than the previous year as a result of a decrease in trading activities undertaken by the Fund during the financial year
Asset Allocation
Asset Allocation.

  Year 2017 2016 2015
  Equities
91.89% 72.37%
74.66%
  Islamic Real Estate Investment Trust (REIT)
3.74%
  Collective Investment Scheme 6.79%
  Derivatives 0.60%
  Deposit Placement & Others
7.51% 27.63% 14.81%

 

The Fund’s exposure in equities was marginally increased to 91.89% in 2017

Historical Performance
Historical Fund Performance

1-Year Fund Performance Review


For the 1-year period ended 30 June 2017, PMB Dana Mutiara (PMB Mutiara) posted a return of 7.58% compared to a return of 5.94% on the FTSE Bursa Malaysia EMAS Shariah Index (FBMSHA).

Note: Change of benchmark
1 November 2007, FBMSHA (replacement of the KLSI by Bursa Malaysia with the FBMSHA).

Historical Financial Highlights

Financial Year Ending 30 June
Extract of Audited Statement of Income and Expenditure

 

  Financial Year End 30 June 2017 2016 2015
  Total Investment Income/(loss) (RM) 568,775 172,215 (290,228)
  Total Expenses (RM) (145,053) (168,747) (172,540)
  Net Income/(loss) before taxation (RM) 423,722 3,468 (462,768)
  Taxation (RM) (15,944)
  Net Income/(loss) after taxation (RM) 423,722 3,468 (478,712)

 

Financial Year Ending 30 June
Extract of Audited Statement of Income and Expenditure

 

  Financial Year End 30 June 2017 2016 2015
  Total Investment (RM) 5,824,721 5,68 6,118,811
  Other Asset (RM) 285,866 462,844 253,752
  Total Assets (RM) 6,110,587 6,151,539 6,372,563
  Total Liabilities (RM) (309,912) (346,554) (289,733)
  Net Assets Value (RM) 5,800,675 5,804,985 6,082,830
  Unit Holders Funds (RM) 5,800,675 5,804,985 6,082,830

 

Total Annual Expenses
Total Annual Expenses

The table below shows the total annual expenses incurred by the Fund in its respective preceding financial year-end. The percentage was calculated based on the Average NAV.

  Fund Mgt Fee Trustee Fee Fund Expenses Total Expenses
(RM’000) (%) (RM’000) (%) (RM’000) (%) (RM’000) (%)
  PMB MUTIARA 89 1.54 3 0.05 53 0.91 145 2.50

 

Management Expenses Ratio (MER)

The MER of the Fund for the respective latest financial year are as follows:

  Fund/Financial Year End 2017 2016 2015
  PMB MUTIARA 1.95% 1.97% 1.85%

 

You should be aware that

  • The value of your investment, and the distribution payable, may go down as well as up.
  • The return of the Fund is not guaranteed.
Equity Market Risk

The performance of the Fund is subject to the volatility of the stock market which is influencedby the changes in the economic and political climate, profit rate, international stock market performance and regulatory policies.

The movement of the value in the underlying investment portfolio will affect the NAV of the Fund. Any downward movement of the value will negatively impact the NAV of the Fund.

Stock Specific Risk

Prices of a particular stock may fluctuate in response to the circumstances affecting individual companies such as adverse financial performance, news of a possible merger or loss of key personnel of a company.

Any adverse price movements of such stock will adversely affect the fund’s NAV.

Equity-related Securities Risk

The value of the equity-related securities depends on the value of the underlying equities that the securities are related to. Any upward movement in the value of the underlying equities may result an upward movement of the value of the respective equity-related securities, and vice versa.

Hence, the movement of the value of the equity-related securities will affect the value of the Fund.

Shariah Status Reclassification Risk

This risk refers to the risk that the currently held Shariah-compliant equities in the Fund may be reclassified as Shariah non-compliant in the periodic review of the equities by the SAC, the Shariah adviser or the Shariah boards of the relevant Islamic indices. If this occurs, the Manager will take the necessary steps to dispose such equities. There may be opportunity loss to the Fund due to the Fund not being allowed to retain the excess capital gains derived from the disposal of the Shariah non-compliant equities. In such an event, the Fund should :–

  1. dispose of the securities within one month if the value of the securities exceeds or is equal to the investment cost on the date of announcement of the List of Shariah compliant securities by the SAC. The Fund is allowed to keep dividends received and capital gain from the disposal of the securities up to the date of announcement of the .List of Shariah-compliant securities by the SAC. However, any dividends received and excess capital gain from the disposal of Shariah non-compliant securities after the date of announcement of the List of Shariah-compliant securities by the SAC should be channelled to baitulmal and/or approved charitable bodies;
  2. hold the respective securities if the market price of the said securities is below the investment cost, until the total subsequent dividends received (if any) and the market price or value of the securities is equal to the cost of investment at which time disposal has to take place within a month of attaining investment cost; or
  3. dispose of the securities at the price lower than the investment cost which will result the decrease in the Fund’s value.

 

Dividend Policy Risk

This is a risk particular to the fund which has heavy emphasis on high yield dividend stocks.Such a risk may occur when fundamentals of the company’s business deteriorate or if there is a change in the dividend payout policy resulting in a reduction of the dividend to be paid by the company.

This risk may be mitigated by investing mainly in companies with a consistent historical record of paying dividends, strong cash flow, or operating in fairly stable industries.

# Please refer to Chapter 3,6 & 7 of the Master Prospectus for further information on product specific risks.

WHAT ARE THE FEES AND CHARGES OF THIS INVESTMENT?

Payable directly by you :

You will need to pay the following fees and charges as a percentage of your gross investment sum:

  Sales Charge
(Imposed for every transaction performed)
6.0%
  Repurchase Charge Nil
  Switching Fee Up to RM25.00 per transaction
  Transfer Fee Up to RM10.00 per transaction
  Other Charges
(Imposed For Every Transaction Performed)
  • Bank charges
  •  Telegraphic Transfer charges
  Distribution Channel(s)
  • UTA
  • UTC
  • Direct Purchase

 

Payable indirectly by you :

  Management Fee*

1.5% per annum

  Trustee Fee*

0.1% per annum

  Other Fees Charged by the Fund

  • Commissions/fees paid to brokers/dealers;
  • Auditor’s fee;
  • Tax adviser’s fee;
  • Valuation fee;
  • Taxes;
  • Custodial charges;
  • Tax voucher/distribution warrants; and
  • Any other fees/expenses permitted by the Deed

 

*Note: In addition, the above fees and charges are subject to the GST at the prevailing rate.

 

YOU SHOULD NOT MAKE PAYMENT IN CASH TO A UNIT TRUST CONSULTANT OR ISSUE A CHEQUE IN THE NAME OF A UNIT TRUST CONSULTANT

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Open a trust and investment account with us

Download Forms


Take an Investor Profile Assessment

Discover your profile


Choose your preferred fund to invest

Compare our funds


Monitor and manage your investment

Our Services