Award-winning Shariah equity across Asia
To achieve long-term capital appreciation through investments in a Shariah-compliant diversified portfolio of equities across Asia, excluding Japan.
Recognised by multiple industry awards for consistent Shariah-compliant equity performance across Asia.
All holdings screened against international Shariah standards, reviewed regularly by the Shariah Adviser.
Invests across key Asian economies including China, India, South Korea, Taiwan and ASEAN.
Managed by the same experienced investment team behind Pheim's flagship Asia ex-Japan strategies.
Suitable for Muslim investors or ethical investors seeking long-term capital growth through Shariah-compliant Asian equities, with a higher risk tolerance and a minimum investment horizon of 5 years.
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.
PAXJI invests in Shariah-compliant equities across Asian markets excluding Japan, complying with Shariah requirements throughout.
Performance Benchmark: MSCI AC Asia Islamic Ex-Japan Index.
| Annual Return | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Fund | 22.62% | 28.36% | -3.22% | -11.95% | 1.70% |
| Benchmark* | 17.64% | 22.31% | 2.97% | -16.46% | 15.10% |
| Outperformance | +4.98% | +6.05% | -6.19% | +4.51% | -13.40% |
| Cumulative Return (Since 1 Jan 2019) | |||||
| Fund | 22.62% | 57.40% | 52.33% | 34.12% | 36.40% |
| Benchmark* | 17.64% | 43.88% | 48.15% | 23.76% | 42.45% |
| Outperformance | +4.98% | +13.51% | +4.18% | +10.36% | -6.05% |
*MSCI AC Asia Islamic Ex-Japan Index. Source: LSEG Lipper.IM & Bloomberg
As at 31 December 2023
| Period | Fund Performance | Benchmark* |
|---|---|---|
| 3-Year | -13.34% | -0.99% |
| 5-Year | 36.40% | 42.45% |
| 10-Year | 57.80% | 91.27% |
| 15-Year | 199.78% | 220.69% |
| Since Inception | 104.81% | 124.37% |
| Annualised Return Since Inception | 4.28% p.a. | 4.83% p.a. |
*MSCI AC Asia Ex-Japan Islamic Index. Source: LSEG Lipper.IM & Bloomberg
Over the past 17 years since inception, PAXJI has won a total of 5 LSEG Lipper Fund Awards.
PAXJI conducted a 1:1 unit split on 30 November 2017. All unitholders received double the number of units they originally held, with the total NAV value remaining the same. The decision was taken as the buying price per unit had risen to approximately MYR 1.30–1.33 — directly reflecting the fund's strong performance since inception.
| Category / Type | Equity / Growth (Islamic) |
| Launch Date | 1 November 2006 |
| Fund Size (31 Dec 2023) | MYR 25.26 million |
| Investment Manager | Pheim Asset Management Sdn Bhd |
| Trustee | Maybank Trustees Bhd |
| Shariah Adviser | Amanie Advisors Sdn Bhd |
| Maximum Sales Charge | 5% |
| Annual Management Fee | 1.5% p.a. |
| Annual Trustee Fee | 0.055% p.a. |
| Initial Offer Price | RM 1.00 |
| NAV/Unit (31 Dec 2023) | RM 0.5621 (Adj: RM 1.9506) |
| Min. Initial Investment | RM 1,000 |
| Min. Additional Investment | RM 100 |
| EPF Member's Investment Scheme | Yes |
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For full fee details, refer to the Master Prospectus or contact support@pheimunittrusts.com
Starting from just RM 1,000. Visit our office or contact us to open your account today.