Featured Fund

PUBLIC ITTIKAL SEQUEL FUND (PITSEQ)
Fund Objective
To achieve capital growth over the medium to long term period by investing in a portfolio of investments that complies with Shariah principles.
3-Year
Fund Volatility
10.2
moderate
Lipper Analytics
10 Mar 2024
Launch Date
11 October 2011
Performance of PITSEQ vs its Benchmark Index Over the Following Periods Ended 29/03/2024
PITSEQ (%) Benchmark (%) PITSEQ (%) Benchmark (%)
Total Return Annualised Return
21.07 8.65 21.07 8.65
13.29 -9.38 4.25 -3.23
38.69 -0.38 6.75 -0.08
49.53 -11.43 4.10 -1.21
104.05 17.32 5.91 1.29
*Source: Lipper, as at 29 Mar 2024
Performance of PITSEQ and Benchmark Index (Since Fund Commencement* to 29/03/2024)
Benchmark: FTSE Bursa Malaysia EMAS Shariah Index
* Commencement Date - 31 October 2011


  • Public Ittikal Sequel Fund (PITSEQ or the Fund) seeks to achieve capital growth over the medium to long-term period by investing in a portfolio of Shariah-compliant investments primarily in the domestic market. The Fund may invest up to 30% of its net asset value (NAV) in foreign markets to tap into broader investment opportunities overseas.
  • As at 29 March 2024, 94.7% of PITSEQ’s NAV was invested in Shariah-compliant equities while 5.3% of its NAV was invested in Islamic money market instruments. The Fund focused on the consumer, communications, financial, technology and utilities sectors mainly in the Malaysia and U.S. markets.
  • From its commencement on 31 October 2011 to 29 March 2024, the Fund registered a total return of +104.05% to outperform its benchmark’s return of +17.32%. This outperformance was led by the Fund’s selected holdings of communications and consumer stocks which benefitted from the increased digitalisation of the consumer and corporate environments as well as sustained domestic consumer spending.
  • For the 5-year and 10-year periods ended 29 March 2024, the Fund registered respective returns of +38.69% and +49.53% to outperform its benchmark’s respective returns of -0.38% and -11.43%.
  • Going forward, the Fund will continue to focus on sectors which offer long-term growth prospects such as consumer and communications within the domestic and foreign markets.


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