Quick contact info

Pheim Asset Management Sdn Bhd 4th Floor, UBN Tower (Letter Box 18), Jalan P.Ramlee, 50250 Kuala Lumpur Monday-Friday: 9am to 5pm Saturday: 9am to 1pm Tel: +(603) 2031 6047 Fax: +(603) 2031 6048 Email: pheim@pheim.com.my
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Pheim Emerging Companies Balanced Fund

Fund Goals / Features

Pheim Emerging Companies Balanced Fund aims to provide unit holders with steady income and potential for capital appreciation in longer term by investing in a balanced portfolio of Equities and Fixed Income Instruments.

The investor profile of Pheim Emerging Companies Balanced Fund consists of conservative equity investors, who are willing to accept a moderate level of risk, and have a preference for a steady income stream and have the potential for capital appreciation.

Balanced Fund

Asset Allocation & Benchmark

The Fund adopts an investment policy and strategy by investing in a Balanced portfolio of Equities and Fixed Income Instruments and Liquid Assets. The asset allocation of the Fund, as a percentage of the NAV of the Fund, is at 0% – 60% in Equities and Equity-Related Securities, and the remaining in Fixed Income Instruments and Liquid Assets. The performance benchmark of this Fund is the weighted average of 60% of FTSE Bursa Malaysia EMAS index, and 40% of Maybank 1-year fixed deposit rate at the beginning of the year (for fixed income portion).

Fund Performance – Last 5 Years

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

(1 year – 5 years)

1 year
(2019)
2 years
(2019 – 2020)
3 years
(2019 – 2021)
4 years
(2019 – 2022)
5 years
(2019 – 2023)

Fund

(Since 1 January 2019)

10.83% 36.97% 37.38% 25.13% 24.99%

Benchmark

(Since 1 January 2019)

0.23% 3.95% 2.40% 0.13% 2.85%
Outperformance +10.60% +33.02% +34.98% +25.00% +22.14%

 

Cumulative Return

(Since Inception)

2019 2020 2021 2022 2023
Fund 176.08% 241.21% 242.22% 211.70% 211.37%
Benchmark 113.27% 121.20% 117.89% 113.06% 118.86%
Outperformance +62.81% +120.01% +124.33% +98.64% +92.51%

Source: LSEG Lipper.IM & Bloomberg

Fund Awards & Accolade – LSEG Lipper Fund Awards

Fund Performance – Since Inception

Source: LSEG Lipper.IM & Bloomberg

Fund Performance: 3-, 5-, 10-, 15-, 20-year periods and Total Return Since Inception

Pheim Emerging Companies Balanced Fund has established a good long-term track record with the fund outperforming the benchmark by +22.14%, +32.39%, +67.59% and +36.68% for the 5-,10-,15-, and 20-year periods ending 31 December 2023, respectively.

Cumulatively, Pheim Emerging Companies Balanced Fund registered a total return of 211.37% for almost 22 years since inception, outperformed the cumulative benchmark return (118.86%) by a good 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.), outperformed by +1.68% as at 31 December 2023. The balanced fund has a maximum of 60% equity exposure, and yet the Fund was still able to generate such an outstanding performance and track record.

As at 31 December 2023

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 Return Since Inception 5.33% p.a. 3.65% p.a. +1.68% p.a.

Source: LSEG Lipper.IM & Bloomberg
* Weighted Average of 60% of FTSE Bursa Malaysia EMAS Index Return and 40% of Maybank 1-year FD Rate

Fund Historical Income Distribution

Over its 21 years of operation, PECBF has consistently produced income distributions every year without fail (thanks to the cash reserves it accumulated via realized profits arising from stock disposals).

Fund Key Information

Pheim Emerging Companies Balanced Fund
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
Maximum Sales Charge 5%
Annual Management Fee 1.5%
Annual Trustee Fee

0.055%

Initial Offer Price RM 1.00
NAV/Unit @ 31 Dec 2023 (Adjusted for distribution since inception) RM 0.8963

(RM 2.9580

Min. initial investment RM 1,000
Min. Additional investment RM 100