31 January 2016
A S S E T M A N A G E M E N T
To provide a low risk investment option that normally earns higher interest than traditional bank accounts.
3-year
Fund Volatlity
0.10
Very Low
Lipper Analytcs
15 Jan 2016
Location
Domicile
Fund Currency
Fund Size (MYR)
Fund Unit
Kuala Lumpur, Malaysia
Malaysia
Ringgit Malaysia
MYR 83.72 million
82.84 million units
Fund Launch
Fund Inception (MYR)
18 February 2004
18 February 2004
Benchmark
Dealing
Application Fee
Management Fee
Trustee Fee
Unit NAV (MYR)
CIMB Bank Overnight Rate
Daily (as per Bursa Malaysia trading day)
Nil
Up to 0.70% p.a. of the NAV
0.03% p.a. of the NAV
MYR 1.0106
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Fund
Benchmark
- 5%
- 10%
Cumulative Performance (%)
YTD 1 Month
Gross (Sen/Unit)
Yield (%)
3 Months 6 Months
1.04
1.03
0.99
0.98
1 Year 3 Years 5 Years
Fund
Benchmark
0.25
0.14
Calendar Year Performance (%)
2015
0.25
0.14
Fund
Benchmark
3.18
1.69
Most Recent Fund Distributions
2014
2015
Dec
3.06
1.51
0.82
0.43
2015
Sep
1.62
0.86
2013
2.84
1.51
2015
Jun
3.20
1.71
2012
2.95
1.51
1.04
1.02
9.34
4.81
2015
Mar
1.08
1.06
15.81
8.00
2011
2.88
1.51
2014
Dec
1.34
1.30
Since
Inception
40.87
23.45
2010
2.76
1.26
2014
Sep
0.96
0.93
Note: February 2004 to January 2016.
Performance data represents the combined income & capital return as a result of holding units in the fund for the specified length of time, based on bid to bid prices. Earnings are assumed to be reinvested.
Source: Lipper
MYR
MYU1000AQ003
COMXCES MK
^Based on the fund's portfolio returns as at 15 January 2016, the Volatility Factor (VF) for this fund is 0.10 and is classified as "Very Low" (source: Lipper). "Very Low" includes funds with VF that are below 1.395. The VF means there is a possibility for the fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision and VC will be revised every six months. The fund's portfolio may have changed since this date 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.
We recommend that you read and understand the contents of the Master Prospectus Issue No. 19 dated 30 June 2015, which has been duly registered with the Securities Commission Malaysia, before investing and that you keep the said
Master Prospectus for your records. Any issue of units to which the Master Prospectus relates will only be made upon receipt of the completed application form referred to in and accompanying the Master Prospectus, subject to the terms and conditions therein. Investments in the Fund are exposed to credit (default) and counterparty risk, interest rate risk and risk of investing in emerging markets. You can obtain a copy of the Master Prospectus from the head office of
CIMB-Principal Asset Management Berhad or from any of our approved distributors. Product Highlight Sheet ("PHS") is available and that investors have the right to request for a PHS; and the PHS and any other product disclosure document should be read and understood before making any investment decision. There are fees and charges involved in investing in the funds. We suggest that you consider these fees and charges carefully prior to making an investment.
Unit prices and income distributions, if any, may fall or rise. Past performance is not reflective of future performance and income distributions are not guaranteed. You are also advised to read and understand the contents of the
Financing for Investment in Unit Trust Risk Disclosure Statement/Unit Trust Loan Financing Risk Disclosure
Statement before deciding to borrow to purchase units. Where a unit split/distribution is declared, you are advised that following the issue of additional units/distribution, the NAV per unit will be reduced from pre-unit split
NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in Malaysian ringgit will remain unchanged after the distribution of the additional units.
Page 1 of 2

31 January 2016
A S S E T M A N A G E M E N T
The Fund’s performance for the month of January 2016 was 0.25%, compared to the benchmark CIMB Bank
Overnight Rate of 0.14%.
During the first Monetary Policy Committee (“MPC”) meeting of the year, Bank Negara Malaysia ("BNM") left the Overnight Policy Rate (“OPR”) unchanged at 3.25% as expected but cut the Statutory Reserve Requirement
(“SRR”) by 50 basis points ("bps") to 3.50% in a surprising move to boost liquidity. BNM reiterated that the stance of monetary policy remains accommodative and supportive of economic activity. Assessment on the global and domestic economy has turned more cautious as BNM highlighted increased downside risks to domestic growth outlook. BNM believes that recovery in the advanced economies has not been as strong as earlier expected and that growth in emerging economies has slowed. This is more dovish than the previous statement citing moderate growth in the global economy and positive growth in the Asia region.
On the inflation front, Consumer Price Index (“CPI”) inched up to 2.7% year-on-year ("YoY") in December from 2.6% YoY in November 2015. Malaysia's inflation rate rose at a faster than expected pace in December
2015 on the back of higher prices for prices of food & beverages, tobacco & alcoholic beverages, healthcare and furnishing & household equipment but was partly mitigated by a further drop in transport costs due to falling energy prices.
Overall, we aim to stay fully invested in quality short term bonds and extend the portfolio duration for yield enhancement.
Fixed Income
Cash
Total
Fixed Income
Cash
77.69%
22.31%
100.00%
77.69%
22.31%
Beta
Information Ratio
Sharpe Ratio
Total
1.61
16.46
-3.37
3 years monthly data
1 Bank Muamalat Malaysia
2 CIMB Islamic Bank
3 Orix Leasing Malaysia Bhd
4 Lumut Maritime Terminal SdnBhd
5 Gulf Investment Corp
6 Prominic Bhd
7 Bank Pembangunan Malaysia Bhd
8 Perbadanan Kemajuan N.Selangor
9 Alliance Bank M Bhd
10 Sepangar Bay Power Corp
Total
Malaysia
Malaysia
Malaysia
Malaysia
Malaysia
Malaysia
Malaysia
Malaysia
Malaysia
Malaysia
100.00%
A3 15.60%
AA+ 11.95%
P1 11.83%
A1 6.20%
AAA 6.00%
AA3 5.99%
MA-1 5.91%
P1 5.84%
A2 3.59%
AA1 2.39%
75.30%
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