Featured Fund

Fund Objective
To achieve capital growth over the medium to long-term period through a portfolio allocation across equities and fixed income securities.
Fund Volatility
Lipper Analytics
10 Oct 2023
Launch Date
14 July 2017
Performance of PeFAF vs its Benchmark Index Over the Following Periods Ended 31/10/2023
PeFAF (%) Benchmark (%) PeFAF (%) Benchmark (%)
Total Return Annualised Return
9.17 0.26 9.17 0.26
13.32 1.52 4.25 0.50
54.61 -6.73 9.10 -1.38
- - - -
61.54 -7.73 7.98 -1.28
*Source: Lipper, as at 31 Oct 2023
Performance of PeFAF and Benchmark Index (Since Fund Commencement* to 31/10/2023)
Benchmark: A composite of 70% FTSE Bursa Malaysia KLCI and 30% 3-month Kuala Lumpur Interbank Offered Rates (KLIBOR)
* Commencement Date - 03 August 2017

  • Public e-Flexi Allocation Fund (PeFAF or the Fund) adopts a mixed asset allocation approach whereby the Fund may invest up to 98% of its net asset value (NAV) in equities and/or fixed income securities; with a higher allocation to equities when seeking to capitalise on investment opportunities in the equity markets, and a higher allocation to bonds when fixed income yields are deemed to be attractive. Additionally, up to 30% of the Fund’s NAV may be invested in foreign markets to tap into broader investment opportunities globally.
  • As at 31 October 2023, 75.6% of PeFAF’s NAV was invested in equities while 24.4% of its NAV was invested in money market instruments. The Fund’s equity portfolio focused on the technology, industrial, financial, communications and basic materials sectors in the Malaysia, U.S. and North Asian markets.
  • From its commencement on 3 August 2017 to 31 October 2023, the Fund registered a total return of +61.54% to outperform its benchmark’s return of -7.73%. This outperformance was led by the Fund’s selected holdings in technology stocks in the domestic and foreign markets which benefitted from the rising adoption of e-commerce and digital products globally. On the domestic front, increased outsourcing from multinational corporations amid the ongoing U.S.-China trade tensions has also benefitted local manufacturers within the technology value chain.
  • For the 3-year and 5-year periods ended 31 October 2023, the Fund also registered respective returns of +13.32% and +54.61% to outperform its benchmark’s respective returns of +1.52% and -6.73%.
  • Going forward, the Fund will continue to pursue investment opportunities in the technology and industrial sectors which are underpinned by the long-term structural trends of digitalisation as well as the recovery in demand for selected consumer electronic products. The Fund may also look to invest in the financial and consumer sectors which stand to benefit from sustained consumer spending.

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