Index Fund

Smart Investment Choice for Constant Capital Growth

Fund Factsheet 30 September 2016

The fund's objective is to achieve an investment result that tracks the performance of the
benchmark FBM KLCI.

INVESTOR PROFILE
This fund is suitable for investors who:desire returns that are consistent with the performance of FBMKLCI.
have a medium to high-risk tolerance.

FUND DETAILS AS AT 30 SEPTEMBER 2016

Fund Inception
Financial Year
Unit In Circulation
Unit NAV
Fund Category
Initial Sales Charge
Annual Management Fee
Benchmark
Asset Allocation

:
:
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:
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INVESTMENT COMMITTEE MEMBERS

May 16, 2002

October 31
22.38 Million
RM 0.6998
Equity Fund
Up to 4.00% of NAV per unit (not inclusive of GST)
1.00 % of NAV
FBM KLCI
Min 90.0% to Max 99.5% in equities
Min 0.5% to Max 10.0% in liquid assets

Tan Sri Abdul Wahid Omar (Chairman)

Tan Sri Dato' Dr. Wan Mohd. Zahid bin Mohd. Noordin
Tan Sri Dato' Md. Desa bin Pachi

PERFORMANCE RECORD
3 Years Growth Total Return from 30 September 2013 to 30 September 2016

Asset Allocation as at 30 September 2016

2%

98%

Equities

Cash & cash equivalent

Source : Lipper(G) - Equity Malaysia.

Cumulative Total Return

Asset Allocation as at 30 September 2016

YTD (1 January 2016 - 30 September 2016)

1 - Month (31 August 2016 - 30 September 2016)
6 - Month (31 March 2016 - 30 September 2016)
1 - Year (30 September 2015 - 30 September 2016)
3 - Year (30 September 2013 - 30 September 2016)
5 - Year (30 September 2011 - 30 September 2016)
10 - Year (30 September 2006 - 30 September 2016)
Source : Lipper(G) - Equity Malaysia.

Fund (%)
-1.27
-1.39
-2.14
3.79
-0.50
33.33
115.72

Rank

High
0.7216
0.7797
0.9232
0.9232
0.9817

Low
0.6800
0.6719
0.6719
0.6719
0.5759

46
40
34
21

/
/
/
/

54
54
52
39

Equities
Consumer Products
Industrial Products
Trading & Services
Infrastructure/IPC
Finance
Plantations
REITS
TOTAL

% of
portfolio
3.57
7.85
42.58
4.01
33.30
5.98
0.75
98.04

High/Low NAV (RM)

6 - Month (31 March 2016 - 30 September 2016)
1 - Year (30 September 2015 - 30 September 2016)
3 - Year (30 September 2013 - 30 September 2016)
5 - Year (30 September 2011 - 30 September 2016)
10 - Year (30 September 2006 - 30 September 2016)
Price as at 30 September 2016 RM 0.6998
Income Distribution Declared by Management Company
Net (sen per unit)
2012
7.86
2013
6.96
2014
6.77
2015
6.00
Source : Lipper

Yield (%)
10.23
8.34
8.26
7.32

Top 10 Largest Holdings in Equity

1) PUBLIC BANK BERHAD
2) TENAGA NASIONAL BERHAD
3) MALAYAN BANKING BERHAD
4) CIMB GROUP HOLDINGS BERHAD
5) SIME DARBY BERHAD
6) AXIATA GROUP BERHAD
7) PETRONAS CHEMICAL GROUP BERHAD
8) DIGI.COM BERHAD
9) IHH HEALTHCARE BERHAD
10) PETRONAS GAS BERHAD

Based on the fund's portfolio returns as at 15 September 2016, the Volatility Factor (VF) for this fund is 7.4 and its Volatility Class (VC) is classified as "Moderate" (source: Lipper). The VF means there is a possibility for the fund in generating
an upside return or downside return around this VF. The VC is assigned by Lipper based on quintile ranks of VF for qualified funds. The fund's portfolio may have changed and there is no guarantee that the fund will continue to have the
same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC.
Investors are advised to read and understand the contents of the Master Prospectus for Conventional Funds dated 17 September 2016, and the Product Highlight Sheet (PHS) before investing. The Prospectus has been registered and lodged
with the Securities Commission Malaysia. Among others, investor should consider the fees and charges involved. The price of units and distributions payable, if any, may go down as well as up. Past performances of the fund should not be taken
as indicative of its future performance. Where a distribution is declared, investors are advised that following the distribution, the NAV per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Investments in the fund is
exposed to equity specific risk, credit and default risk and interest rate risk. Units will only be issued on receipt of an application form referred to and accompanying the Prospectus which can be obtained at Amanah Mutual Berhad and any
distribution channels as mentioned in the Prospectus.
34th Floor Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur. Tel: +603-2034 0800 Fax: +603 2163 3212/2535
Email: ambcare@pnb.com.my Website: www.ambmutual.com.my

Page 1 of 2

Index Fund
Smart Investment Choice for Constant Capital Growth
Fund Review as at 30 September 2016

The fund's objective is to achieve an investment result that tracks the performance of
the benchmark FBM KLCI.

INVESTOR PROFILE
This fund is suitable for investors who:desire returns that are consistent with the performance of FBMKLCI.
have a medium to high-risk tolerance.

RATING

3- Year
1
2
3

Lipper Total Return

Lipper Consistent Return
Lipper Preservation Return

5-Year
2
2
4

REVIEW

Manager 's Comment

The performance of Amanah Mutual Berhad Index-Linked Trust Fund (AMBILTF) (up to 30 September 2016) in comparison to the FTSE Bursa Malaysia Kuala Lumpur
Composite Index (FBM KLCI).
Month on Month %

Year to Date %

Year On Year (%)

AMBILTF

-1.39

- 1.27

3.75

FBM KLCI

-1.52

-2.36

1.94

Outperform / Under peform

0.13

1.09

1.81

In September 2016, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) dropped 1.5% month on month, despite the increase in crude oil prices by 4.3%
month on month to US$49/barrel . The Malaysian Ringgit (MYR) fell 0.7% month on month against the United States Dollar (USD). During the month, consumer
discretionary outperformed while Crude Palm Oil (CPO) prices rose higher by 7.4% month on month which helped the plantation sectors outperformance. Healthcare
underperformed, mainly due to IHH Healthcare Berhad, on account Mitsui Group selling its stake. Elsewhere, July trade surplus narrowed due to a combination of weak
exports and smaller decrease in imports and Consumer Price Index (CPI) was softer than expected. August headline CPI increase 1.5% year on year while the Bank Negara
Malaysia (BNM) international reserve rose to US$97.7 billion as at September. On the 14th General Election, a total of 12 parliamentary and 34 state constituencies in
the peninsula could undergo a name change as proposed by the Election Commission. On the market, the FTSE Bursa Malaysia EMAS Index (FBM EMAS), FTSE Bursa
Malaysia SmallCap Index (FBM Small Caps) and FTSE Bursa Malaysia ACE Index (FBM ACE) all outperformed during the month, -0.7% month on month, +1.5% month on
month and -0.7% month on month respectively.
.
ASSESSMENT OF PERFORMANCE
The fund continues to closely mirror the performance of the benchmark reflected by the high correlation of 98.80% against the benchmark FBM KLCI. Based on the Net
Asset Value (NAV) of RM0.6998 the Tracking Error as at 30 September 2016 stands at +1.450%. The Index fund was rebalanced in order to maintain the cash balance

according to the monthly cash commitments.

KLCI return(a)

31 August 2016

NAV return(b)

Excess(b-a)

Tracking Error

Correlation

NAV

1.98

1.50

0.48

+1.458

98.79%

0.7097

30 September 2016 - 1.39

-1.52

-0.13

+1.450

98.80%

0.6998

Investors are advised to read and understand the contents of the Master Prospectus for Conventional Funds dated 17 September 2016, and the Product Highlight Sheet (PHS) before investing. The Prospectus has
been registered and lodged with the Securities Commission Malaysia. Among others, investor should consider the fees and charg es involved. The price of units and distributions payable, if any, may go down as well
as up. Past performances of the fund should not be taken as indicative of its future performance. Where a distribution is dec lared, investors are advised that following the distribution, the NAV per unit will be
reduced from cum-distribution NAV to ex-distribution NAV. Investments in the fund is exposed to equity specific risk, credit and default risk and interest rate risk. Units will only be issued on receipt of an
application form referred to and accompanying the Prospectus which can be obtained at Amanah Mutual Berhad and any distributi on channels as mentioned in the Prospectus.

Page 2 of 2
34th Floor Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur. Tel: +603-2034 0800 Fax: +603 2163 3212/2535
Email: ambcare@pnb.com.my Website: www.ambmutual.com.my