Conventional · Balanced
PECBF
Pheim Emerging Companies Balanced Fund
Growth through emerging Malaysian companies
Growth through emerging Malaysian companies
To provide investors with medium to long-term capital growth and income through investments in a diversified portfolio of securities issued by emerging companies in Malaysia, across both equities and fixed income instruments.
Combines equities and bonds to balance growth potential with downside protection.
Targets smaller, high-potential Malaysian companies before they reach peak valuation.
Portfolio managed with rigorous bottom-up fundamental analysis by the Pheim investment team.
Aims to provide periodic income distributions in addition to capital appreciation.
The Fund invests in a balanced mix of equities and fixed income to pursue growth with managed downside risk.
Performance Benchmark: Weighted average of 60% FTSE Bursa Malaysia EMAS Index return and 40% Maybank 1-year Fixed Deposit Rate at the beginning of each year. This benchmark reflects the Fund's balanced investment mandate.
Annual and cumulative returns compared against the benchmark, 2019–2023.
| Annual Return | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Fund | 10.83% | 23.59% | 0.30% | -8.92% | -0.11% |
| Benchmark | 0.23% | 2.91% | -2.03% | -1.59% | 2.72% |
| Outperformance | +10.60% | +20.68% | +2.33% | -7.33% | -2.83% |
| Cumulative Return (Since 1 Jan 2019) | 1 Year (2019) | 2 Years (2019–20) | 3 Years (2019–21) | 4 Years (2019–22) | 5 Years (2019–23) |
|---|---|---|---|---|---|
| Fund | 10.83% | 36.97% | 37.38% | 25.13% | 24.99% |
| Benchmark | 0.23% | 3.95% | 2.40% | 0.13% | 2.85% |
| Outperformance | +10.60% | +33.02% | +34.98% | +25.00% | +22.14% |
Source: LSEG Lipper.IM & Bloomberg. Benchmark: Weighted average of 60% FTSE Bursa Malaysia EMAS Index Return and 40% Maybank 1-year FD Rate.
PECBF has been recognised by LSEG Lipper Fund Awards for its consistent long-term performance.
As at 31 December 2023. PECBF has outperformed its benchmark across 5-, 10-, 15-, and 20-year periods.
| Period | Fund Performance | Benchmark | Outperformed By |
|---|---|---|---|
| 3-Year | -8.74% | -1.59% | -7.15% |
| 5-Year | 24.99% | 2.85% | +22.14% |
| 10-Year | 35.59% | 3.19% | +32.39% |
| 15-Year | 146.62% | 79.03% | +67.59% |
| 20-Year | 137.44% | 100.76% | +36.68% |
| Since Inception | 211.37% | 118.86% | +92.51% |
| Annualised (Since Inception) | 5.33% p.a. | 3.65% p.a. | +1.68% |
Cumulatively, PECBF registered a total return of 211.37% for almost 22 years since inception — outperforming the benchmark's cumulative return of 118.86% by a margin of +92.51% as at 31 December 2023. The annualised return since inception was 5.33% p.a. versus benchmark of 3.65% p.a. Notably, the balanced fund maintains a maximum 60% equity exposure, yet delivered outstanding long-term performance.
Source: LSEG Lipper.IM & Bloomberg. *Weighted Average of 60% FTSE Bursa Malaysia EMAS Index Return and 40% Maybank 1-year FD Rate.
PECBF has paid an income distribution every single year since inception — a testament to its disciplined investment approach and cash management.
Over its 22+ years of operation, PECBF has consistently produced income distributions every year without fail, funded by cash reserves accumulated via realised profits from stock disposals. This track record reflects the Fund Manager's commitment to managing the portfolio for both growth and income.
Essential details about the Pheim Emerging Companies Balanced Fund as at 31 December 2023.
| Category / Type of Fund | Mixed Asset / Balanced |
| Launch Date | 28 January 2002 |
| Fund Size (31 Dec 2023) | MYR 17.3 million |
| Investment Manager | Pheim Asset Management Sdn Bhd |
| Trustee | Maybank Trustees Bhd |
| Initial Offer Price | RM 1.00 |
| NAV/Unit (31 Dec 2023) | RM 0.8963 (Adjusted for distributions since inception: RM 2.9580) |
| Maximum Sales Charge | 5% |
| Annual Management Fee | 1.5% p.a. |
| Annual Trustee Fee | 0.055% p.a. |
| Minimum Initial Investment | RM 1,000 |
| Minimum Additional Investment | RM 100 |
| Performance Benchmark | 60% FTSE Bursa Malaysia EMAS Index + 40% Maybank 1-year FD Rate |
Download the latest official documents to help you make an informed investment decision.
Suitable for investors seeking medium to long-term capital growth with some income, who can tolerate moderate market fluctuations and have a medium-to-long investment horizon of 3 to 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.
No hidden costs. Here is everything you need to know before you invest.
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.