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Islamic · Equity
PAIF

Pheim ASEAN Islamic Fund

Shariah equity in Southeast Asia's fastest-growing economies

NAV Per Unit
RM 0.9693
Indicative price
Max Sales Charge
5.00%
Negotiable with distributor
Annual Mgmt Fee
1.50%
Per annum on NAV
Risk Level
Higher
Profile
Min. Investment
RM 1,000
Initial investment

What This Fund Sets Out to Do

To achieve long-term capital appreciation through a Shariah-compliant portfolio of equities in ASEAN markets, focusing on companies benefiting from the region's strong economic growth and young demographics.

01

ASEAN Growth Story

Targets the dynamic economies of Malaysia, Indonesia, Thailand, Singapore, Philippines and Vietnam.

02

Bottom-Up Stock Picking

Focuses on identifying undervalued ASEAN companies with strong fundamentals and growth potential.

03

Shariah-Compliant

Fully screened portfolio, making it suitable for Muslim investors and those seeking ethical investments.

04

Regional Diversification

Spreads risk across multiple ASEAN countries, currencies and sectors.

Is This Fund Right for You?

Appropriate for investors seeking Shariah-compliant access to ASEAN's economic growth, with a higher risk appetite and long-term investment horizon of 5 years or more.

Important: Unit trust investments carry risks including market risk, interest rate risk, and currency risk. Past performance is not a guarantee of future returns. Please read the Master Prospectus and consult a licensed financial adviser before investing.

Asset Allocation & Benchmark

PAIF invests primarily in Shariah-compliant equities across the ASEAN region — Malaysia, Singapore, Indonesia, Thailand, Philippines, and Vietnam.

Shariah-Compliant Equities & Warrants
70% – 95%
Min 70%Max 95%
Companies listed on or traded in ASEAN markets.
Islamic CIS (incl. Islamic REITs)
0% – 20%
Min 0%Max 20%
Remaining NAV invested in Sukuk and Islamic Liquid Assets.

Performance Benchmark: 5.5% growth in NAV per annum over the long-term.

ASEAN: A Sizable Economic Bloc with a Rising Middle Class

With a population accounting for approximately 8.64% of the world's population, ASEAN has a combined GDP of about USD 3.9 trillion, ranking 5th among major economies.

Home to the 3rd largest labour force in the world, the region has one of the world's youngest and fastest-growing labour forces, driving ASEAN to achieve one of the strongest GDP growth rates globally. Almost 380 million people in ASEAN are under the age of 35, and the middle class is expected to more than double in size to 334 million by 2030. With increased urbanisation, over 90 million people are expected to move to urban areas by 2030, spurring USD 7 trillion in investment in infrastructure, housing and commercial space. The ASEAN economy is set to overtake Japan to become the 4th largest economy in the world by 2030.

Rich in Agricultural and Natural Resources

ASEAN is blessed with commodity deposits and agricultural abundance.

Indonesia has the largest nickel reserves in the world at 22% of known reserves, and is the second largest producer of tin after China. Indonesia and Malaysia combined are the largest producer of crude palm oil in the world, while Vietnam and Thailand are the second and third largest rice exporters. Vietnam is the second largest producer of coffee in the world after Brazil, and the largest producer of cashew nuts. Philippines and Thailand combined are the largest producers of pineapple in the world.

Investment Opportunities for Investors

ASEAN member states are prime beneficiaries of supply chain and manufacturing relocations out of China.

ASEAN member states' economies and equity markets are in different stages of development. The region offers investment opportunities in diverse businesses operating under varying economic, governmental and business environments. As a result of continuing US-China trade and geo-political tensions, ASEAN nations are prime beneficiaries of global supply chain realignment. With 2024E P/E of ASEAN equity markets expected to range from 10.1x to 13.9x, valuations remain reasonable after factoring in the region's economic and earnings growth potential.

Fund Key Information

Category / TypeEquity (Islamic)
Launch Date16 December 2021
Fund Size (31 Dec 2023)RM 2.5 million
Investment ManagerPheim Islamic Asset Management Sdn Bhd
TrusteeMaybank Trustees Bhd
Shariah AdviserAmanie Advisors Sdn Bhd
Maximum Sales Charge5%
Annual Management Fee1.5% p.a.
Annual Trustee Fee0.055% p.a.
Initial Offer PriceRM 1.00
NAV/Unit (31 Dec 2023)RM 0.9305
Min. Initial InvestmentRM 1,000
Min. Additional InvestmentRM 100

Fund Documents

Download the latest fund documents before investing.

Transparent Pricing

No hidden costs. Here is everything you need to know before you invest.

Sales Charge
5.00%
Max. Negotiable with authorised distributors.
Annual Management Fee
1.50%
Per annum of NAV, charged daily.
Trustee Fee
0.06% p.a.
Paid to the independent trustee.
Redemption Charge
Nil
No charge to redeem your units.
Switching Fee
1%
After first free switch per calendar year. Max RM 100.
Benchmark
FTSE ASEAN All-Share Shariah Index
Performance reference index.

For full fee details, refer to the Master Prospectus or contact support@pheimunittrusts.com

Ready to invest in PAIF?

Starting from just RM 1,000. Visit our office or contact us to open your account today.

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