3-year

Fund Volatility

4.7
Low

(47457-V)
ASG - Persaraan April 2017 Novagni
31 Mar 2017

FUND OVERVIEW Novagni Category

MIXED ASSETS: MALAYSIA
Investment Objective
To provide investment opportunity which generates reasonable long-term growth and returns, and a reliable income Benchmark
stream to enable the Unit holders and/or their children and/or charges to meet part or all of their retirement needs. 40% FBM 100 and 60% 3-month KLIBOR

Potential Investor
Those who understand investment risks and rewards and are seeking growth of capital over the long-term period
Novagni Fund Rating
Peer Ranking 19 / 44
and to plan to fulfill the financial requirements for their retirement.

As at 31 March 2017
Total NAV RM536.59 million
NOVAGNI REVIEW
Unit in Circulation 479.47 million units
As at end March 2017, the fund rated 2-star based on its 3-year performance. The low Sharpe ratio indicates the fund's risk-adjusted performance is NAV per unit RM1.1191
lower compared to its peer group average as the risk remains low.

The FTSE Bursa Malaysia KLCI ended the month in positive territory in March up 2.73%, with y-t-d performance up by 5.99%, although
underperforming the FTSE ASEAN 40 Index by 0.23%. Global markets were in the positive territory in March, with the FTSE All-World Index up High/Low NAV per unit
0.63%. Year-to-date global markets have continued on a positive path, up 4.94%. Europe was the best performing region in March finishing the
month up 3.19%. Middle East & Africa was the worst performing region, down on the month 1.98%. Asian markets saw positive performance with the High (RM) Low (RM)
FTSE Asia Pacific Index up 2.96%. Within Asia, India was the best performing market in March, with the FTSE India Index up 5.49%. Fledgling 3 month 1.1725 1.1168
companies had the best performance with the FTSE Bursa Malaysia Fledgling Index up 9.97%, followed by Small Cap companies seeing an
increase of 8.35% in March. Large Cap companies were the worst performers. The FTSE Bursa Malaysia EMAS Index had a performance of 3.44%. 6 month 1.1725 1.1050
Technology Hardware & Equipment was the best performing sector in the FTSE Bursa Malaysia EMAS Index up 12.73% in March, with Financial 1 year 1.1725 1.0896
Services being the second best performer up 11.26%. Tobacco was the worst performing sector followed by Media down 5.08% and 3.74%,
respectively.
3 year 1.2628 1.0896
5 year 1.2986 1.0896
Over a 5-year basis, the fund reported an annualised return of 5.23%, outperforming its benchmarks 3.09% return.

Income Distribution Declared

Source: Novagni Analytics and Advisory Sdn Bhd
Year Net (sen per unit) Yield (%)
FUND PERFORMANCE
2017 5.15 4.60%
Fund and Benchmark Performance 2016 6.80 6.09%
Cumulative Returns (%) Annualised Returns (%) 2015 7.05 5.90%
6 months 1 year 3 years 5 years 10 years 3 years 5 years 10 years 2014 7.05 5.75%
Fund 4.16 4.80 7.19 29.01 92.27 2.34 5.23 6.76 2013 7.30 6.12%
Benchmark* 3.23 3.51 5.43 16.43 44.44 1.78 3.09 3.75 Source: Novagni Analytics and Advisory Sdn Bhd

* 40% FBM 100 and 60% 3-month KLIBOR

Source: Novagni Analytics and Advisory Sdn Bhd

RISK ANALYSIS
5 Years Growth Total Return from 31 March 2012 to 31 March 2017
35 VERY LOW

MODERATE   VERY HIGH
Standard
30 Deviation 4.712

25
Growth Total Return (%)

LOW

MODERATE   HIGH

20 Sharpe -0.172
Ratio
15
LOW

MODERATE   HIGH
10 Information
Ratio 0.295
5

0 FUND FACTS
-5 Fund Category Fixed income securities and other capital
Mar 12 Sep 12 Mar 13 Sep 13 Mar 14 Sep 14 Mar 15 Sep 15 Mar 16 Sep 16 Mar 17 market instruments
ASG-Persaraan 40% FBM 100 and 60% 3-month KLIBOR Type Growth and Income
The value of units may go down as well as up. Past performance is not indicative of future performance. Launch Date 17 March 2003
Source: Novagni Analytics and Advisory Sdn Bhd Financial Year End 31 March
Investment Manager Permodalan Nasional Berhad
PORTFOLIO INFORMATION Trustee AmanahRaya Trustees Berhad
Top 10 Holdings* Sector Allocation* Min. Initial Investment Investment book - 100 units
Malayan Banking Berhad 5.01% MONEY MARKET & OTHER INSTRUMENTS 41.88% Additional Investment Unlimited, subject to availability
CIMB Group Holdings Berhad 4.23% FINANCE 17.26% Sales Charge 5% of the NAV per unit. (Non EPF-MIS)
Tenaga Nasional Berhad 3.60% TRADING/SERVICES 17.15% Up to 3% of the NAV per unit. (EPF-MIS)
Sime Darby Berhad 3.45% REITs 4.83% Redemption Charge None
Public Bank Berhad 2.31% CONSUMER PRODUCTS 4.46% Redemption Period On-the-spot
Dutch Lady Milk Industries Bhd 2.25% CONSTRUCTION 3.77% Form of Investment Investment book
Digi.Com.Berhad 2.22% PLANTATIONS 3.35% EPF Members' Investment Scheme
Telekom Malaysia Berhad 1.84% PROPERTIES 2.66% Switching Fee None
LPI Capital Berhad 1.73% IPC 2.45% Management Fee Up to a maximum of 1.5% p.a. of the
NAV of the Fund
Kuala Lumpur Kepong Berhad 1.63% INDUSTRIAL PRODUCTS 1.15%
TECHNOLOGY 1.04% Trustee Fee RM450,000 or 0.07% p.a. of the NAV of
* As percentage of NAV. Please note that all figures are subject to frequent changes on a daily basis. the Fund, whichever is lower
Source: Amanah Saham Nasional Berhad

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.
Based on the Fund's portfolio returns as at 31 March 2017, the Volatility Factor (VF) for this Fund is 4.7 and is classified as "Low" (source: Novagni). "Low" includes funds with VF that are above 1.785 but not more than 5.965. 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 Funds 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.

The Master Prospectus of funds of ASNB dated 30 June 2016, First Supplementary Master Prospectus dated 15 November 2016 and Second Supplementary Master Prospectus dated 16 March 2017 (Prospectus), have been
registered with the Securities Commission Malaysia. Before investing, investors are advised to read and understand the content of the Prospectus together with the Product Highlights Sheets which are available at any ASNB
branches and agents. Units will be issued upon receipt of the registration form referred to and accompanying the Prospectus. Before investing, kindly consider the fees and charges involved. Unit prices and distribution payable, if
any, may go down as well as up. Investors are also advised to consider the inherent risk of investing in the funds and other general risk as elaborated in the Prospectus. The past performance of a fund should not be taken as
indicative of its future performance.
Investors who wish to know the key features of a specific unit trust fund of ASNB may request the Product Highlights Sheet issued by ASNB at any office of ASNB and its agents.

Sales & Marketing Department

7th Floor, Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur Tel: 603-21614848 Fax: 603-20505164
Email: salesupport@pnb.com.my Website: www.asnb.com.my