PRUlink Fund Report 2017

PRUlink funds
Report And Statement Of The Manager

For The Year Ended 31 December 2017
Laporan Dan Penyata Pengurus

Bagi Tahun Berakhir 31 Disember 2017
“Living the dream means

spending time with my family.”
#prudreamsupporter
PRUlink funds
• PRUlink Asia equity fund • PRUlink education equity fund
• PRUlink Asia local bond fund • PRUlink equity focus fund
• PRUlink Asia managed fund • PRUlink equity fund “Hard work allows me to
dream with my feet.”
• PRUlink Asia property securities fund • PRUlink equity income fund
#prudreamsupporter
• PRUlink Asian high yield bond • PRUlink euro equity fund
• PRUlink Asian multi-asset fund • PRUlink global leaders fund
• PRUlink bond fund • PRUlink global market navigator fund
• PRUlink dana aman • PRUlink golden bond fund
• PRUlink dana unggul • PRUlink golden bond II fund
• PRUlink dana urus • PRUlink golden equity fund
• PRUlink dana urus II • PRUlink golden equity II fund
• PRUlink dragon peacock fund • PRUlink golden managed fund
• PRUlink dyna growth I fund • PRUlink Japan dynamic fund
• PRUlink dyna growth II fund • PRUlink managed fund
• PRUlink dyna growth III fund • PRUlink managed fund II
• PRUlink dyna growth IV fund • PRUlink money market fund
• PRUlink education bond fund • PRUlink strategic managed fund

PRUlink funds CO N T E N T S
CONT ENTS
001 - 002 CEO’s Message

003 - 004 Fund Objectives
005 - 007 Investment Review & Outlook
008 - 011 Fund Performances
012 - 085 Financial Highlights
086 - 125 Details of Investment
126 - 159 Statement of Assets and Liabilities
160 - 177 Statement of Changes in Net Asset Value
178 - 211 Statement of Income and Expenditure
212 - 214 Notes to the Financial Statements
215 Statement by Directors
216 - 217 Independent Auditor’s Report to the unitholders of PRUlink funds
K AND UNG AN
220 - 221 Perutusan Ketua Pegawai Eksekutif “Cultivate dreams bigger than yourself -
222 - 223 Objektif Dana you will grow into them.”
224 - 226 Tinjauan & Masa Depan Pelaburan
227 - 230 Prestasi Dana #prudreamsupporter
231 - 304 Sorotan Kewangan
305 - 344 Butir-butir Pelaburan
345 - 378 Penyata Aset dan Liabiliti
379 - 396 Penyata Perubahan dalam Nilai Aset Bersih
397 - 430 Penyata Pendapatan dan Pembelanjaan
431 - 432 Nota pada Penyata Kewangan
434 Kenyataan Oleh Pengarah
435 - 436 Laporan Juruaudit Bebas kepada Pemegang Unit Dana PRUlink funds
PRUlink funds C E O ’ S M E S S AG E 0 0 1
C E O’S MESSAGE
Dear Valued Policyholder, The Benefits Of Fund Switching
I would like to take this opportunity to thank you As you know, your investment-linked insurance policy
for choosing Prudential as your preferred insurer. is intended to meet your long-term financial goals and
Prudential has a long and established presence in protect your family’s financial future. We understand
Malaysia, staying true to our mission of protecting that your situation in life and your corresponding needs
Malaysians for 94 years. Our objective is to deliver may change along the way, and for this reason our
value to your policy while enhancing your journey at investment-linked insurance plans have been designed
every turn, empowering financial freedom and your with a fund switching facility*, providing you with the
peace of mind. option of directing your premium or fund value to a
choice of different PRUlink funds at any time during
In spite of the challenging economic environment, we the term of your policy.
are pleased to announce that we have delivered positive
returns in most of our PRUlink funds (investment- Fund switching enables you to shift your existing units
linked insurance funds) during the past year: from an existing fund without affecting your future
premium allocation. With this facility, you can respond
• F our funds that did exceptionally well last year were to market trends or changes to your investment goals
PRUlink equity focus fund, PRUlink equity income by switching to a fund that matches your risk appetite.
fund, PRUlink golden equity fund and PRUlink The first four switches within the same year are free,
golden equity fund II. All 4 funds outperformed the but we do recommend that you exercise caution
benchmark return by more than 12.74%. when making fund switching decisions. After all, your
investment-linked insurance policy is intended for long-
• P
RUlink equity fund and PRUlink dana unggul term insurance protection and should not be viewed as
fund have also done well with double digit returns. a vehicle for short term speculation.
Their Net Asset Value has steadily climbed, resulting
in a return rate of RM4.43565 and RM3.83298
respectively. Prudential – A Proud Supporter Of
Dreams
lease see pages 8-10 for full details of fund
P
performances. Last year, as a proud sponsor of the 29th SEA Games
and the 9th Para ASEAN Games (otherwise known as
Kuala Lumpur 2017 or KL 2017), we supported the
hopes and dreams of our nation, helping to ignite a
feeling of pride among the athletes and their families.
However, dreams are not exclusive to athletes alone.
Everyone has a dream they want to achieve – big or
small, young or old.
*Terms & conditions apply

PRUlink funds C E O ’ S M E S S AG E 0 0 2
C E O’S MESSAGE (CON T’ D)
As a Proud Supporter of Dreams, we want to support We Care About Your Customer Meanwhile, if you have any questions regarding your
our customers to achieve their goals and dreams Experience policy or investments, or would like to use our fund
through our continuous initiatives. As an insurer, we switching facility, please do not hesitate to call your
understand that with a diligent financial planning, any At Prudential, we also understand that protection Prudential Wealth Planner, agent or Financial Services
dream can be turned into reality. Whatever your dreams encompasses not only financial peace of mind but also Consultant. You may also contact our Customer Service
are, we believe that the best plan of action is to have a your healthcare needs and wellbeing. Representatives at 03-2116 0228, send your queries
financial/wealth planner who can understand you and to customer.mys@prudential.com.my, or visit your
help develop a financial plan that suits your needs. Earlier this year, we announced a partnership with online nearest branch. We will be pleased to assist you.
healthcare marketplace Doctor2U, enabling Prudential
As an innovative insurer, it is always our goal to offer customers access to health screening services and Best wishes for a prosperous, healthy and successful
a full range of products that cater to the different discounts for doctor home visits. If a health screening is year ahead.
needs of each and every one of our customers - be it required as part of the underwriting process when you
for protection, savings, investment or retirement. In purchase a new policy with us 1, you can opt to have
line with this, we are proud to introduce two insurance a fully qualified doctor from Doctor2U come right to Yours Sincerely,
solutions that provide truly specialised protection your doorstep, at your preferred timing. Furthermore,
needs: PRUmy medical plus and PRUmy child plus. Doctor2U also offers a mobile app with features such as
Live Chat and video consultation, meaning that you can
PRUmy medical plus provides comprehensive medical, connect to a doctor instantly and conveniently. Should
critical illness and accidental coverage. Its customisable you prefer a face-to-face meet up, you can even opt for
nature allows you to choose from a range of different doctor house call services, at a discounted price.
riders, enabling coverage that is suited to your needs.
For example, you can choose additions that cover you Gan Leong Hin
Providing Convenience At Every Turn
in the event of a critical illness, one that covers the cost Chief Executive Officer
of prosthetics, or choose to extend your lump sum Prudential Assurance Malaysia Berhad (PAMB)
For added convenience, all Prudential customers can
benefit to partial as well as total permanent disability.
now access the e-format of their PRUlink funds report,
The choice is yours, and the plan’s flexibility enables
and so many more features, at PRUaccess plus. Simply
you to adapt to changing needs and circumstances.
register at https://pruaccessplus.prudential.com.my to
view your policy information and statements, manage
PRUmy child plus offers comprehensive pre-natal
your policy(ies) or use our e-Payment function, which
coverage so that both mother and child are protected.
enables online payment anytime and anywhere. It’s so
You can add similar riders for coverage of your child,
simple, and so convenient.
with options including a savings plan for your child’s
education at a later stage, critical illness protection and
accidental riders, to name just a few. As always, it is about
customising a solution suited to your individual needs.
1
Minimum Annual Premium of RM25,000 for Prudential Assurance Malaysia
Berhad (PAMB) customers.
PRUlink funds F U N D O B J E C T I V E S 0 0 3
F U N D O BJ ECTIVES
PRUlink Asia equity fund is a fund that aims to maximise PRUlink Asia local bond fund is an actively managed PRUlink Asia property securities fund is an actively At inception, the fund will invest into Schroder Asian
long-term total return by investing in equity and equity- fund that aims to maximise total returns through managed fund that aims to maximise income and long- Income (SGD Class), which is the ‘Target Fund’. The fund
related securities of companies, which are incorporated, investing in fixed income or debt securities that are term return by investing in listed Real Estate Investment may also invest in any other funds with similar objective
or have their area of primary activity in Asia Pacific ex- rated as well as unrated. At inception, PRUlink Asia local Trusts (REITs) and property related securities of that may be available in the future.
Japan. The Asia Pacific ex-Japan region includes but is bond fund will invest in a sub-fund called Eastspring companies, which are incorporated, listed or have
not limited to the following countries: Korea, Taiwan, Investments – Asian Local Bond Fund managed by their area of primary activity in the Asia Pacific region PRUlink bond fund aims to provide medium to long term
Hong Kong, Philippines, Thailand, Malaysia, Singapore, Eastspring Investments (Singapore) Limited. This sub- including Japan, Australia and New Zealand. The fund accumulation of capital by investing in selected fixed
Indonesia, the People’s Republic of China (PRC), India, fund invests in a diversified portfolio consisting primarily may also invest in depository receipts, debt securities interest securities, corporate bonds and fixed deposits.
Pakistan, Australia and New Zealand. The fund may of fixed income/debt securities issued by Asian entities convertible into common shares, preference shares and
also invest in depository receipts [including American or their subsidiaries. This sub-fund’s portfolio primarily warrants and through any other PRUlink global funds PRUlink dana aman aims to provide medium to long term
Depository Receipts (ADRs) and Global Depository consists of securities denominated in the various Asian that may be become available in the future or indirectly accumulation of capital by investing in selected Islamic
Receipts (GDRs)], debt securities convertible into currencies. The fund may also invest in any other via sub-funds managed by Eastspring Investments debt securities.
common shares, preference shares and warrants. PRUlink bond funds that may become available in the (Singapore) Limited or any other fund manager to be
future or indirectly via other bond funds. determined from time to time. PRUlink dana unggul aims to maximise returns over
medium to long term by investing in high quality Shariah-
PRUlink Asia managed fund is an actively managed PRUlink Asian high yield bond fund is a fund that approved shares listed on Bursa Malaysia.
fund that seeks to maximise returns over medium aims to maximise total returns by investing in a sub-
to long term. This is achieved by investing directly in fund called Eastspring Investments Asian High Yield PRUlink dana urus / PRUlink dana urus II aims to
shares, fixed interest securities and money market Bond MY Fund (RM Hedged-class), which feeds into maximise returns over medium to long term by investing
instruments in the Asia Pacific ex-Japan region and Eastspring Investments – Asian High Yield Bond Fund in Shariah-approved shares and Islamic debt securities
through any other PRUlink global funds that may managed by Eastspring Investments (Singapore) through PRUlink dana unggul and PRUlink dana aman
become available in the future or indirectly via sub- Limited. The fund provides exposure to investments in and in any other such PRUlink funds that may become
funds managed by Eastspring Investments (Singapore) a diversified portfolio consisting primarily of high yield available in the future.
Limited or any other fund manager to be determined fixed income/ debt securities issued by Asian entities or
from time to time. their subsidiaries. The fund may also invest in any other PRUlink dragon peacock fund is a fund that aims to maximise
funds with similar objective that may become available long-term total return by investing primarily in equity and
in the future. equity-related instruments of corporations, which are
incorporated in, or listed in, or operating principally from,
PRUlink Asian multi-asset fund is a fund that aims to or carrying on significant business in, or derive substantial
provide income and capital growth over the medium to revenue from, or whose subsidiaries, related or associated
longer term, where any income paid will be reinvested corporations derive substantial revenue from the People’s
in the fund. The fund aims to provide exposure to a Republic of China (PRC) and India.
diversified portfolio consisting primarily of Asian equities
and Asian fixed income securities.
“Our opportunities arise

from the bonds and dreams we share.”
#prudreamsupporter
PRUlink funds F U N D O B J E C T I V E S 0 0 4
F U N D O BJ ECTIVES (CON T’ D)
At inception, PRUlink dragon peacock fund will invest in a PRUlink equity fund aims to maximise returns over may be traded through recognised exchanges or via and fixed interest securities through PRUlink golden
sub-fund called Eastspring Investments - Dragon Peacock medium to long term by investing in high quality shares the over-the-counter markets. The use of derivatives is equity fund and PRUlink golden bond fund and in any
Fund managed by Eastspring Investments (Singapore) listed on the Bursa Malaysia. for efficient portfolio management to gain access to the other PRUlink golden fund that may become available
Limited. The investments of the sub-fund include, but markets efficiently in a cost effective manner. in the future as well as directly in selected fixed interest
are not limited to, listed securities in the Recognised PRUlink equity income fund aims to maximise returns At inception, PRUlink global market navigator fund will securities, corporate bonds and fixed deposits, and any
Markets, depository receipts including American over medium to long term. This is achieved by investing invest in a sub-fund called Eastspring Investments – other financial instruments to be used for hedging the
Depository Receipts (ADRs) and Global Depository in a diversified portfolio of high quality shares and Global Market Navigator Fund managed by Eastspring portfolio.
Receipts (GDRs), debt securities convertible into common dividend yielding stocks which have or can potentially Investments (Singapore) Limited. The fund may then
shares, preference shares and warrants. have attractive dividend yields. invest in any other PRUlink absolute return funds that PRUlink Japan dynamic fund is a fund that aims to
The fund may invest in any other funds or sub-funds may become available in the future or indirectly via other generate long-term capital growth by investing in a sub-
managed by Eastspring Investments (Singapore) Limited PRUlink euro equity fund is a fund that aims to provide absolute return funds. fund called Eastspring Investments Japan Dynamic MY
or any other fund managers to be determined from time capital growth over the medium to longer term. The Fund (RM Hedged-class), which feeds into the Eastspring
to time. fund aims to provide exposure to a diversified portfolio PRUlink golden bond fund aims to provide medium to Investments - Japan Dynamic Fund managed by Eastspring
consisting primarily of equities or equity related securities long term accumulation of capital, taking into account the Investments (Singapore) Limited.
PRUlink dyna growth I/II/III/IV fund invests in structured in the European Economic and Monetary Union. need to meet guaranteed payouts. This is achieved by The fund provides exposure to investments in securities
deposits. These structured deposits provide investors At inception, the fund will invest into Schroder International investing in selected fixed interest securities, corporate of companies, which are incorporated, listed in or have
with exposure to (1) Malaysian fixed income securities Selection Fund – Euro Equity (A Accumulation Share bonds and fixed deposits, and any other financial their area of primary activity in Japan. The fund may also
and (2) multiple asset classes such as global equities, real Class, SGD Hedged), which is the ‘Target Fund’. The fund instruments to be used for hedging the portfolio. invest in any other funds with similar objective that may
estates, commodities, foreign exchange and alternative may also invest in any other funds with similar objective become available in the future.
investments. The PRUlink dyna growth funds aim to that may be available in the future. PRUlink golden bond II fund aims to provide medium to
maximise risk adjusted returns and to grow the value long term accumulation of capital, taking into account the PRUlink managed fund / PRUlink managed fund II aims
of the funds to the lifetime highest values at maturity. PRUlink global leaders fund aims to maximise long-term need to meet guaranteed payouts. This is achieved by to maximise returns over the medium to long term by
total returns (the combination of income and growth investing in selected fixed interest securities, corporate investing in shares and fixed interest securities through
PRUlink education bond fund aims to provide medium of capital) by investing in a sub-fund called Eastspring bonds and fixed deposits, and any other financial PRUlink equity fund and PRUlink bond fund and any other
to long term accumulation of capital, taking into account Investments Global Leaders MY Fund, which feeds into instruments to be used for hedging the portfolio. PRUlink funds that may become available in the future.
the need to meet guaranteed payouts. This is achieved by M&G Global Leaders Fund managed by M&G Investment
investing in selected fixed interest securities, corporate Management Limited. PRUlink golden equity fund aims to maximise returns over PRUlink money market fund aims to preserve capital value
bonds and fixed deposits, and any other financial The fund provides exposure to investments in a wide the medium to long term, taking into account the need to while providing returns which are comparable to short
instruments to be used for hedging the portfolio. range of global equities issued by companies that the meet guaranteed payouts. This is achieved by investing term bank deposits. Apart from minimal risk exposure,
fund manager considers to be, or have the potential to be, in high quality shares listed on the Bursa Malaysia and the fund also maintains a high degree of liquidity by
PRUlink education equity fund aims to maximise returns leading in their field in terms of improving policyholder any other financial instruments to be used for hedging investing primarily in high quality, low risk, short-term
over medium to long term, taking into account the need to value. The fund may also invest in any other funds with the portfolio. money market instruments and debt securities. Although
meet guaranteed payouts. This is achieved by investing in similar objective that may become available in the future. the fund seeks to preserve the principal value, the ability
high quality shares listed on Bursa Malaysia and any other PRUlink golden equity II fund aims to maximise returns of the fund to meet this objective is not guaranteed.
financial instruments to be used for hedging the portfolio. PRUlink global market navigator fund is an actively over medium to long term, taking into account the need to
managed fund that aims to achieve positive absolute meet guaranteed payouts. This is achieved by investing in PRUlink strategic managed fund is a fund that aims to
PRUlink equity focus fund aims to maximise returns over returns over the medium-term, through the high quality shares listed on Bursa Malaysia and any other provide moderate capital growth over the medium to
medium to long term. This is achieved by investing into implementation of an actively managed asset allocation financial instruments to be used for hedging the portfolio. longer term by investing in a mix of fixed income and
approximately 30 quality Malaysian companies listed in strategy in a diversified range of global assets including equity securities directly, or indirectly through the use of
Bursa Malaysia that are expected to provide medium cash, equities, bonds and currencies. Exposure to each PRUlink golden managed fund aims to maximise return investment funds. The fund will tactically allocate between
to long-term capital appreciation and income potential. asset class will be primarily through exchange traded over medium to long term, taking into account the liquidity 70% to 90% in fixed income and 10% to 30% in equities.
funds, index futures, direct equity and bonds, swaps, needs of the fund to meet withdrawals as well as the
options and foreign exchange forwards, each of which need to meet guaranteed payouts by investing in shares
PRUlink funds I N V E S T M E N T R E V I E W & O U T LO O K 0 0 5
I NV EST ME N T REVIEW & OU T LO O K

LOCAL EQUITY MARKET REVIEW Global markets continued to perform well in the 2Q2017, ahead of China’s One-Belt-One-Road Summit. Towards on the 27th October was as expected, focused on
(1 January 2017 –31 December 2017) despite uncertainty regarding US President Trump and the end of the 2Q, profit-taking activities set in ahead of implementing measures to increase households’
1Q2017 saw global markets start the year on a positive potential trade protectionist policy, French elections, the Hari Raya holidays, which also coincided with a flurry disposable income, in particular the bottom 40% (B40)
note, on the expectations that Trump’s policies for the UK elections, tensions with North Korea, and crude of M&A related news such as DRB Hicom and Zhejiang income group, with special cash payments to be made to
US will be reflationary in nature, focused on tax cuts oil over-supply concerns. Investors spent much of the Geely signing the agreement for 49.9% stake in Proton, the 1.6m civil servants and civil servant retirees. Equity
and corporate tax overhaul, infrastructure spending in 2Q2017 distracted by the US policy issues with China, and RHB Bank and AMMB Holdings announcing their markets in Malaysia remained weak despite the stronger
the US, and increased protectionism. The US markets on normalisation, and on potential tax reform. U.K. Prime commencement of merger discussions. than expected 3Q2017 GDP growth data reported in
took a breather towards the end of the quarter, as oil Minister Theresa May overestimated her support at the November, and growing expectations of Bank Negara
prices corrected with rising inventory levels and higher snap elections held on 8 June, and ended up with a The Malaysian equity market started the 3Q2017 on a potentially hiking Overnight Policy Rate in 2018. OPEC
rig counts in the US. Malaysian equities rallied in tandem minority government. North Korea has been busy testing volatile note, sparked by the lackluster response for the also announced their decision to extend its production
with global markets, supported by a firmer ringgit given the patience of the UN Security Council members, with 6 biggest IPO deal in Malaysia since 2012, as confidence cutting deal for another nine-months, providing support
BNM’s efforts to clamp down on currency speculation. missile test launches in 2Q alone, seemingly making rapid in the IPO waned culminated by the disastrous results for oil prices. By the end of the 4Q2017, Brent crude oil
Announcements by PNB related companies to restructure progress in the development of their missile technology; reported on the last day of the month. The annual Invest hit USD66.8/bbl, levels not seen since May 2015, on the
the UMW Holdings and UMW Oil and Gas, and Sime unnerving the US, South Korea and Japan. Crude oil Malaysia conference did not provide much catalyst for the back of extended production cuts by OPEC and improving
Darby’s intentions to spin-off various divisions brought ended the quarter lower at about US$46/bbl, down market, although the Prime Minister’s positive message demand outlook as global growth recovery continues
some excitement to the market. M&A news dominated almost 5% year on year, on supply concerns, despite the on the state of economy and outlook provided investors to be underway. Being one of the few net beneficiaries
news in the 1Q as Saudi Aramco announced their JV with calls by Saudi Arabia and three other Gulf countries to with comfort. Malaysia’s lackluster 2Q2017 reported in the regions of higher oil prices, the Malaysian ringgit
Petronas in RAPID during the Saudi Arabia King’s visit boycott Qatar. Malaysian equities continued its uptrend corporate earnings did nothing to help the direction of appreciated sharply towards the end of the 4Q to close
to Malaysia, the media speculated the potential merger in the early part of 2Q, supported continued foreign the market, in light of growing uncertainty regarding at RM4.046/USD. The FBM KLCI saw some changes to
between Telekom Malaysia and Axiata, and Alibaba’s Jack fund flows and an appreciating ringgit. However the geopolitical tensions concerning North Korea, and the its constituents with the addition of Nestle, Press Metal,
Ma’s announcement of establishing an e-commerce hub positive momentum hit a speed bump mid 2Q when impact from US Hurricane Harvey which was the first Sime Darby Plantations, whilst Westport, Sime Darby
in the new Digital Free Trade Zone in Sepang. TRX City announced that they were terminating the major hurricane to make landfall in the United States Property, IJM and BAT were removed. KLCI ended the
60% stake sale of Bandar Malaysia to IWH-CREC joint since 2005. Malaysia’s GDP growth for 2Q of 5.8% year 4Q on a new high due to window dressing activities.
venture, which brought up concerns of whether this could on year surprised on the upside but was not enough of
potentially jeopardise Malaysia’s relationship with China a catalyst to drive investor interest. Equity markets in The FTSE Bursa Malaysia KLCI (FBMKLCI) closed the year
Malaysia ended the quarter lower, succumbing to selling under review at 1,796.81 points, up 9.45%. The broader
pressure when the Federal Reserve signaled one more rate FTSE Bursa Malaysia EMAS Index (FBMEMAS) closed
hike towards the year end. The launch of Apple’s Iphone the period under review higher by 12.87%. The MSCI
X and Iphone 8 in the US was a little disappointing given Asia Pacific ex-Japan Index rose by 38.71% in USD terms.
the minimal obvious differences between the Iphone 7
and Iphone 8, and the high price point of the Iphone X.
The Malaysian equity market started the 4Q2017 in a

correction mode, as the big cap stocks succumbed to some
sell down, despite the rising Brent crude oil prices and the
tabling of Budget 2018. The Budget 2018 announcement
“Travelling in the company of those we love

is just another way of chasing our dreams.”
#prudreamsupporter
I NV EST ME N T REVIEW & OU T LO O K (CONT’D)
Equity Market Outlook So why 2017? The answer is simple. It wasn’t one thing. didn’t stop at China’s borders. In India, the government From another angle, Momentum outperformed other
A synchronised global recovery seems to be gaining It was a combination of various positive factors coming recapitalised its state-owned banking system and finally styles. Technology stocks topped the sector league
momentum spurred by continued efforts by US President together over one 12-month long period while there was introduced Goods and Services Tax (GST) in an attempt table by some distance backed by strong earnings. The
Trump to push through tax reform proposals and major a notable absence of entries in the negative column too. to equalise tax rates. Tax reform in the Philippines helped sweet spot was Chinese and Korean IT stocks that rose
central banks continue to ease out of accommodative The outperformance of risk assets in the mature years push that index to all-time highs; social security reform 92% and 64% respectively, while Chinese and consumer
monetary policy. The stronger ringgit and the expectation of a bull market is far from exceptional. And neither will in Brazil came to the top of the legislative pile. In fact, discretionary and insurance names hardly had a bad year
of it to retain its strength amid improving economic data it go on forever so the golden question remains, how the positive macroeconomic datapoints for 2017 are with 62% returns each, according to MSCI Index data.
for Malaysia may provide the much needed wealth effect long will it last? almost endless.
to boost corporate earnings. In 2017 thus far, GDP growth The strength of tech’s performance in 2017 was
had exceeded expectations but corporate earnings did Corporate Earnings Were Strong Liquidity Stayed Buoyant exceptional but should not be underestimated for its
not provide similar positive surprises. Nevertheless, much The first pillar supporting equity outperformance This takes us to the third reason for equities’ strength was underpinned not only by corporate earnings
effort is being made by the government domestically to everywhere last year was corporate earnings. Growth outperformance in 2017: liquidity. In 2017 central banks per se but also by improved balance sheets and margins. In
boost disposable income and ensure consumer spending in corporate earnings measured by Earnings Per Share remained net buyers of bonds, especially in the big addition, in Asia, the drivers for IT’s outperformance were
resilience. The positive momentum is likely to continue (EPS) grew by around 14% in 2017 in Developed Markets markets of Europe and Japan – and that meant there was twofold: first was the Apple supply chain ahead of new
for at least the 1H 2018, even with the prospect of a rate (DM). But that solid growth figure pales in comparison to plenty of money to be put to work in the equity markets. iPhone models launched in the autumn; and the second
hike in Malaysia and General Elections likely to be called. EM which saw EPS grow by a whopping 23% on average, The dynamic in EMs was different with several central was demand for server Dynamic Random Access Memory
We are generally positive on the market however given according to JP Morgan analysis. banks still managing to cut interest rates. In China, liquidity (DRAMs) ahead of an expected expansion of Artificial
the recent rally we remain selective preferring to focus remained plentiful despite the government introducing Intelligence. Both benefitted large IT companies in north
on stocks with strong fundamentals and prospects but Backing up the strong corporate earnings was the key several measures to reduce it especially in starting to Asia, and helps explain north Asia’s outperformance over
with reasonable valuations. pillar of broad economic growth. According to the regulate its shadow banking system and deleveraging SEA, and indeed the rest of the EM universe.
International Monetary Fund, in 2016, global growth its colossal debt pile. There were other illusions elsewhere. Oil prices in 2017
GLOBAL EQUITY MARKET REVIEW was below 3%. For 2017 it is likely to settle around 3.6% were supported by an agreement by Organisation of the
Why 2017 Was So Good For Equities – the fastest pace the world has seen since 2011 when This was enough to stop debt growing – it even began Petroleum Exporting Countries (OPEC) members and
In 2017, global economic growth was steady, prolonged it was still recovering from the financial crisis – and it to fall by some measures – and was also enough to non-members in 2016 to cut production, a decision that
and widespread. Political risks remained subdued, despite predicts 3.7% for 2018. encourage the stock market because it reassured investors led to Brent rising by more than 20% over the year (or
the news headlines, and volatility in equity markets was the government would not allow rampant liquidity, built an almost 50% rise in the second half of the year after it
at record lows. The result was a stellar year for equities Reform, Reform, Reform solely on credit, to underpin equity performance. hit a low in June).
with assets across the world and investment spectrum For EMs, the emphasis was also on low inflation, robust
seeing gains. In particular, Emerging Market (EM) and manufacturing figures as well as a recovery in commodity Stock Market Gains (Almost) Everywhere Market Outlook
Asian equities took a strong lead. prices. However here, reform is just as important, and The result of this perfect storm of conditions is that equity Will It Continue?
almost everywhere, the world’s developing economies markets globally recorded strong gains through the year. December saw equity markets end on a perfect high
But what made 2017 special was the quality of the gains. moved forward. – the final trading day of the year notwithstanding – as
In other words, the 2017 equity gains were backed by Amid the gains, there were strong outperformers and major indices reached fresh record highs at the end of
strong corporate earnings and robust economic growth. To take just one example (and the biggest), China started underperformers around the world. For all the strength the month. In December the market driver changed
Set this against the ‘recovery’ years of 2003 and 2009 to cut back production in parts of its economy that simply of DMs, which gained around 20%, EMs outperformed again, this time away from surging technology and robust
when markets bounced from low points, or the speculative produced too much. The net result of these de-frothing with the MSCI EM Index gaining 34%. In fact, the index economic growth, to the potential for what could be
gains of the dotcom era in the 1990s. measures was an improvement in profit margins, cashflows outperformed its DM counterpart in ten months out delivered in 2018.
and balance sheets...and stock performance. Reform of 12. Within EMs, Asia outperformed Latin America,
Europe, the Middle East and Africa (EMEA); China and
Korea outperformed in Asia, and South East Asia (SEA)
underperformed.
I NV EST ME N T REVIEW & OU T LO O K (CONT’D)
This took the form of US tax reform, which by almost all Eastspring’s 2018 outlook details how the drivers for
estimates, could benefit many US domestic stocks as the equities’ outperformance in 2017 will still be around
corporate tax rate will be slashed, and the cash potentially in 2018. That suggests the party isn’t over just yet but
distributed to shareholders in the form of dividends and at the same time, there are crouching bears potentially
share buybacks. It is a technical support in so much as waiting their turn. That means watching carefully for
it doesn’t add to underlying corporate profits but it is a signs of inflation, a deteriorating geopolitical landscape
support nevertheless and was responsible for both a and liquidity drying up, while also being mindful of those
sector rotation away from technology and into cyclicals unknown unknowns too.
(including banks), and a final surge of stocks in general
around the world.
By the end of the year, equities were certainly more

expensive than at the beginning but measured by book
value or price-to-earnings, not excessively so (see the
graph below).
MSCI Asia Ex Jpn: PB Ratio
2.2
1.8
1.6
1.4
1.2
1
2009 2010 2011 2012 2013 2014 2015 2016 2017
MSCI Asia Pac ex JPN Average +1Std Dev -1Std Dev +2Std Dev -2Std Dev
“Don’t call it a dream to own a place of your own.

Call it a plan.”
#prudreamsupporter
PRUlink funds F U N D P E R F O R M A N C E S 0 0 8
F U N D PE RFORM AN C ES
PRUlink Asia equity fund PRUlink Asia local bond fund The underlying sub-fund (Eastspring Investments Asian PRUlink Asia property securities fund
As at 31 December 2017, the Net Asset Value per unit As at 31 December 2017, the Net Asset Value per unit of Equity Fund) rose 39.3% in 2017 underperforming its As at 31 December 2017, the Net Asset Value per unit
of the PRUlink Asia equity fund stood at RM1.53528 the PRUlink Asia local bond fund stood at RM1.93138 benchmark by 2.4%. Asian equity returns were very of the PRUlink Asia property securities fund stood at
compared to RM1.25014 at the end of 2016. For the compared to RM1.94606 at the end of 2016. For the strong through the year supported by an improving RM1.80449 compared to RM1.54955 at the end of 2016.
1-year period under review, the fund returned 22.81%, 1-year period under review, the fund returned -0.75%, economic and corporate environment. Benchmark returns For the 1-year period under review, the fund returned
underperforming the benchmark return of 28.12%. underperforming the benchmark return of 0.40%. were dominated by a few very expensive technology 16.45%, underperforming the benchmark return of 28.44%.
stocks which the fund manager believes are trading at
Since inception, the fund achieved a return of 53.53% Since inception, the fund achieved a gain of 93.14% unsustainable valuations and hence has been underweight. Since inception, the fund achieved a gain of 80.45%
against the benchmark performance of 131.52%. against the benchmark performance of 75.49%. against the benchmark performance of 97.69%.
Over the period since inception, Asian equity markets
The underlying sub-fund (Eastspring Investments Asian For 2017, the underlying sub-fund (Eastspring Investments have gone through several distinctive phases: a period For 2017, the underlying sub-fund’s (Eastspring
Equity Fund) rose 39.3% in 2017 underperforming its Asian Local Bond Fund) performance was largely in line of risk aversion as markets recovered from the GFC and Investments Asian Property Securities Fund)
benchmark by 2.4%. Asian equity returns were very with its benchmark. The sub-fund’s duration overweight a search for quality ‘at any price’ and then, more recently, underperformance against the benchmark was due to
strong through the year supported by an improving in Indonesia was a key positive contributor given the bond momentum / growth outperforming value and quality. It the non-exposure to four speculative and highly geared
economic and corporate environment. Benchmark market’s strong performance in 2017. Additionally, the is through this headwind for value investing that the sub- property names that rallied between 150-500%. These
returns were dominated by a few very expensive sub-fund’s overweight in the Indian rupee and positive fund has been navigating however equally, there have included Chinese companies China Evergrande Group,
technology stocks which the fund manager believes are security selection in markets such as Hong Kong and been pockets of outperformance such as in 2014 and Country Garden Holdings and Sunac China Holdings, as
trading at unsustainable valuations and hence has been Singapore, added value. However, the sub-fund’s 2016. The fund manager also believes the sub-fund is well well as Indian property developer DLF.
underweight. The sub-fund is well positioned to capture relative returns were partly negated by the sub-fund’s placed to capture the current extreme value opportunity.
the value opportunity fund manager sees across Asian underweight in the Korean won and overweight in the The fund manager’s disciplined bottom up, value-
stocks today as many are still trading at inexpensive levels. Indonesian rupiah. driven investment process means that stock selection is
consistently the key driver of relative performance over
Over the period since inception, Asian equity markets a protracted period.
have gone through several distinctive phases: a period PRUlink Asia managed fund
of risk aversion as markets recovered from the GFC and As at 31 December 2017, the Net Asset Value per unit
a search for quality ‘at any price’ and then, more recently, of the PRUlink Asia managed fund stood at RM1.97973 “Dreams don’t work
momentum / growth outperforming value and quality. It compared to RM1.71288 at the end of 2016. For the unless you do.”
is through this headwind for value investing that the sub- 1-year period under review, the fund returned 15.58%,
fund has been navigating however equally, there have underperforming the benchmark return of 17.40%.
been pockets of outperformance such as in 2014 and #prudreamsupporter
2016. The fund manager also believes the sub-fund is well Since inception, the fund achieved a gain of 97.97%
placed to capture the current extreme value opportunity. against the benchmark performance of 197.29%.
The fund manager’s disciplined bottom up, value-
driven investment process means that stock selection is For 2017, the fund overweight on equity with
consistently the key driver of relative performance over approximately 76% of total fund size in EIS Asia Equity
a protracted period. fund as at end of Dec. The lower return in 2017 and
since inception was largely due to the fund’s exposure
in Eastspring Investments Asian Equity Fund which
underperformed its benchmark.
F U N D PE RFORM AN C ES (CONT’D)
PRUlink Asian high yield bond fund PRUlink bond fund PRUlink dana urus II PRUlink dyna growth I fund
As at 31 December 2017, the Net Asset Value per unit As at 31 December 2017, the Net Asset Value per unit of As at 31 December 2017, the Net Asset Value per unit of As at 31 December 2017, the Net Asset Value per unit
of the PRUlink Asian high yield bond fund stood at the PRUlink bond fund stood at RM3.20766 compared the PRUlink dana urus II stood at RM2.41319 compared of the PRUlink dyna growth I fund stood at RM1.01671
RM0.56814 compared to RM0.54161 at the end of 2016. to RM3.07055 at the end of 2016. For the 1-year period to RM2.19953 at the end of 2016. For the 1-year period compared to RM1.00597 at the end of 2016. For the
For the 1-year period under review, the Fund returned under review, the Fund returned 4.47%, outperforming under review, the Fund returned 9.71%, outperforming 1-year period under review, the Fund returned 1.07%.
4.90%, underperforming the benchmark return of 8.62%. the benchmark return of 3.10%. the benchmark return of 9.18%.
Since inception, the Fund achieved a return of 0.26%
Since inception, the Fund achieved a gain of 13.63% Since inception, the Fund achieved a gain of 220.77% Since inception, the Fund achieved a gain of 141.32% per annum.
against the benchmark performance of 23.03%. against the benchmark performance of 118.11%. against the benchmark performance of 98.79%.
For 2017, the underlying sub-fund’s (Eastspring PRUlink dyna growth II fund
Investments Asian High Yield Bond Fund) PRUlink dana aman PRUlink dragon peacock fund As at 31 December 2017, the Net Asset Value per unit
underperformance was primarily attributed to security As at 31 December 2017, the Net Asset Value per unit of As at 31 December 2017, the Net Asset Value per unit of of the PRUlink dyna growth II fund stood at RM1.06768
selection in China and Hong Kong, although this was the PRUlink dana aman stood at RM2.40609 compared the PRUlink dragon peacock fund stood at RM1.89525 compared to RM1.03132 at the end of 2016. For the
partially offset by positive credit selection in India, to RM2.30604 at the end of 2016. For the 1-year period compared to RM1.48866 at the end of 2016. For the 1-year period under review, the Fund returned 3.53%.
Indonesia and the Philippines. under review, the Fund returned 4.34%, outperforming 1-year period under review, the Fund returned 27.31%,
the benchmark return of 3.10%. underperforming the benchmark return of 32.16%. Since inception, the Fund achieved a return of 1.03%
Over the period since inception, relative performance per annum.
was negatively impacted by credit selection in China and Since inception, the Fund achieved a gain of 139.51% Since inception, the Fund achieved a return of 89.53%
Hong Kong. This was partially offset by positive credit against the benchmark performance of 79.98%. against the benchmark performance of 92.99%.
selection in India, Indonesia and the Philippines. PRUlink dyna growth III fund
For 2017, the underlying sub-fund (Eastspring Investments As at 31 December 2017, the Net Asset Value per unit of
PRUlink dana unggul Dragon Peacock Fund) rose by 45.6% underperforming its the PRUlink dyna growth III fund stood at RM1.12969
PRUlink Asian multi-asset fund As at 31 December 2017, the Net Asset Value per unit of benchmark by 1.1% during the year. The sub-fund actually compared to RM1.06528 at the end of 2016. For the
As at 31 December 2017, the Net Asset Value per unit of the PRUlink dana unggul stood at RM3.83298 compared had a strong 1H2017 as it outperformed its benchmark 1-year period under review, the Fund returned 6.05%.
the PRUlink Asian multi-asset fund stood at RM0.52694 to RM3.45362 at the end of 2016. For the 1-year period by 1.5% during the first six months of 2017. During the
compared to RM0.50250 at the end of 2016. For the under review, the Fund returned 10.98%, outperforming second half of 2017, the sub-fund started to underperform Since inception, the Fund achieved a return of 1.93%
1-year period under review, the Fund returned 4.86%, the benchmark return of 10.72%. as both the Chinese and Indian equity markets continued per annum.
underperforming the benchmark return of 12.73%. its strong momentum driven rally as growth related stocks
Since inception, the Fund achieved a gain of 283.29% in each respective country surpassed their historical
Since inception, the Fund achieved a gain of 5.39% against the benchmark performance of 120.40%. valuation multiples while investors were continuing to PRUlink dyna growth IV fund
per annum against the benchmark performance of buy stocks regardless of their valuation multiples. After As at 31 December 2017, the Net Asset Value per unit of
17.66% per annum. taking profit in some of the over achieving stocks that were the PRUlink dyna growth IV fund stood at RM1.19931
PRUlink dana urus now over-priced, the sub-fund started to underperform compared to RM1.10702 at the end of 2016. For the
For 2017 and over the period since inception, the As at 31 December 2017, the Net Asset Value per unit of on a relative basis during 3Q2017 as some of the stock 1-year period under review, the Fund returned 8.34%.
underlying target fund (Schroder Asian Income SGD the PRUlink dana urus stood at RM3.25313 compared picks in both China and India detracted alpha from the
Class) generated a return of 8.9% and 5.5% for 2017 to RM2.99142 at the end of 2016. For the 1-year period sub-fund during the quarter. Since inception, the Fund achieved a return of 2.90%
respectively. This is in line with its objective to provide under review, the Fund returned 8.75%, outperforming per annum.
income and capital growth over the medium to longer the benchmark return of 8.41%.
term. The target fund is not benchmark constrained. The
strategy which emphasizes sustainable income is generally Since inception, the Fund achieved a gain of 224.86%
more stable through longer term periods and does not against the benchmark performance of 115.20%.
reflect significant volatility in its returns.
PRUlink education bond fund PRUlink equity focus fund The underperformance of the fund in 2017 relative to Over the period since inception, the target fund generated
As at 31 December 2017, the Net Asset Value per unit of As at 31 December 2017, the Net Asset Value per unit benchmark was mainly due to the stock selection and a return of 26.2% against its benchmark return of 27.6%.
the PRUlink education bond fund stood at RM1.32666 of the PRUlink equity focus fund stood at RM0.58160 underweight in small-to-mid cap stocks. The SGD-EUR currency hedge dragged the target fund’s
compared to RM1.27630 at the end of 2016. For the compared to RM0.49085 at the end of 2016. For the performance by 3.8% as compared to its unhedged class.
1-year period under review, the Fund returned 3.95%, 1-year period under review, the Fund returned 18.49%, Nevertheless, over the period since inception, the fund
outperforming the benchmark return of 3.10%. outperforming the benchmark return of 12.74%. had outperformed its benchmark significantly.
PRUlink global leaders fund
Since inception, the Fund achieved a gain of 32.67% Since inception, the Fund achieved a gain of 16.32% As at 31 December 2017, the Net Asset Value per unit
against the benchmark performance of 27.26%. against the benchmark performance of 12.07%. PRUlink equity income fund of the PRUlink global leaders fund stood at RM0.60123
As at 31 December 2017, the Net Asset Value per unit compared to RM0.55354 at the end of 2016. For the
of the PRUlink equity income fund stood at RM0.59411 1-year period under review, the Fund returned 8.62%,
PRUlink education equity fund PRUlink equity fund compared to RM0.52005 at the end of 2016. For the outperforming the benchmark return of 8.31%.
As at 31 December 2017, the Net Asset Value per unit of As at 31 December 2017, the Net Asset Value per 1-year period under review, the Fund returned 14.24%,
the PRUlink education equity fund stood at RM1.63006 unit of the PRUlink equity fund stood at RM4.43565 outperforming the benchmark return of 12.74%. Since inception, the Fund achieved a gain of 20.25%
compared to RM1.45115 at the end of 2016. For the compared to RM3.94880 at the end of 2016. For the against the benchmark performance of 17.96%.
1-year period under review, the Fund returned 12.33%, 1-year period under review, the Fund returned 12.33%, Since inception, the Fund achieved a gain of 18.82%
underperforming the benchmark return of 12.74%. underperforming the benchmark return of 12.74%. against the benchmark performance of 12.07%.
PRUlink global market navigator fund
Since inception, the Fund achieved a gain of 63.01% Since inception, the Fund achieved a gain of 343.57% As at 31 December 2017, the Net Asset Value per unit
against the benchmark performance of 51.48%. against the benchmark performance of 90.54%. PRUlink euro equity fund of the PRUlink global market navigator fund stood at
As at 31 December 2017, the Net Asset Value per unit RM1.97979 compared to RM1.95134 at the end of 2016.
of the PRUlink euro equity fund stood at RM0.55842 For the 1-year period under review, the Fund returned
compared to RM0.51330 at the end of 2016. For the 1.46%, underperforming the benchmark return of 3.10%.
1-year period under review, the Fund returned 8.79%,
underperforming the benchmark return of 15.48%. Since inception, the Fund achieved a gain of 97.98%
against the benchmark performance of 32.63%.
Since inception, the Fund achieved a gain of 11.68%
against the benchmark performance of 27.08% per For 2017, the underlying sub-fund (Eastspring
annum. Investments Global Market Navigator Fund) posted a
positive absolute return of 14.74% but underperformed its
For 2017, the underlying target fund (Schroder Euro reference benchmark by -223bps. Whilst asset allocation
Equity A Accumulation SGD Hedged Class) generated a has added value – through the broad equity overweight –
“What is life return of 17.1% against its benchmark return of 18.45%. stock selection in equities has detracted. The sub-fund’s
but one great dream Overweight in sectors like materials and healthcare, and largest equity exposure is now to Multi Factor equities
underweight in sectors like consumer staples and telecom which were switched in November from Global Low
we have built together.” services contributed positively to its relative performance. Volatility equities to address the underperformance of
However, the SGD-EUR currency hedge dragged the the Low Volatility Factor relative to the MSCI All Country
target fund’s performance by 4.3% as compared to its World Index.
#prudreamsupporter
unhedged class.
Over the period since inception, the fund had
outperformed its benchmark.
PRUlink golden bond fund PRUlink golden managed fund Since inception, the Fund achieved a gain of 256.43% PRUlink strategic managed fund
As at 31 December 2017, the Net Asset Value per unit As at 31 December 2017, the Net Asset Value per unit of against the benchmark performance of 148.63%. As at 31 December 2017, the Net Asset Value per unit of
of the PRUlink golden bond fund stood at RM1.44154 the PRUlink golden managed fund stood at RM1.18734 the PRUlink strategic managed fund stood at RM0.51693
compared to RM1.38875 at the end of 2016. For the compared to RM1.11918 at the end of 2016. For the For 2017, the fund overweight on equity and the lower compared to RM0.5000 on the Fund’s inception date,
1-year period under review, the Fund returned 3.80%, 1-year period under review, the Fund returned 6.09%, return in 2017 was largely due to the fund’s exposure 10 April 2017.
outperforming the benchmark return of 3.10%. outperforming the benchmark return of 4.99%. in PRUlink equity fund (approximately 73% of total
fund size) which underperformed its benchmark. The Since inception, the Fund achieved a gain of 3.39%,
Since inception, the Fund achieved a gain of 44.15% Since inception, the Fund achieved a return of 18.73% underperformance was mainly due to the stock selection against the benchmark return of 4.22%.
against the benchmark performance of 36.71%. against the benchmark performance of 16.91%. and underweight in small-to-mid cap stocks.
The other underlying target fund, PRUlink bond fund, Over the period since launch, the fund overweight on
registered a return of 4.47% in 2017 and outperformed its equity and the lower return was due to the fund’s exposure
PRUlink golden bond fund II PRUlink Japan dynamic fund benchmark by 1.37% with overweight in corporate bonds. in its underlying target fund, Eastspring Investments
As at 31 December 2017, the Net Asset Value per unit As at 31 December 2017, the Net Asset Value per unit Bond Fund (approximately 76% of total fund size) which
of the PRUlink golden bond fund II stood at RM1.21686 of the PRUlink Japan dynamic fund stood at RM0.58672 Over the period since inception, the fund had underperformed its benchmark. The target fund mainly
compared to RM1.16058 at the end of 2016. For the compared to RM0.50134 at the end of 2016. For the outperformed its benchmark. invested in corporate bonds which underperformed the
1-year period under review, the Fund returned 4.85%, 1-year period under review, the Fund returned 17.03%, medium-term Malaysian Government Securities (MGS)
outperforming the benchmark return of 3.10%. underperforming the benchmark return of 23.34%. benchmark. MGS yields decreased much more compared
PRUlink managed fund II to corporate bond yields during the last quarter of 2017
Since inception, the Fund achieved a return of 21.69% Since inception, the Fund achieved a gain of 17.34% As at 31 December 2017, the Net Asset Value per unit due to strong buying interest from investors on the back of
against the benchmark performance of 15.23%. against the benchmark performance of 24.41%. of the PRUlink managed fund II stood at RM2.25207 improving sentiment and a stronger ringgit performance.
compared to RM2.03158 at the end of 2016. For the
The market environment has been reflected in terms 1-year period under review, the Fund returned 10.85%, The other underlying target fund, Eastspring Investments
PRUlink golden equity fund of style performance in 2017, where value styles have outperforming the benchmark return of 10.77%. Equity Income Fund, registered a return of 14.86% in
As at 31 December 2017, the Net Asset Value per unit broadly lagged growth styles. Companies with high 2017 and outperformed its benchmark by 2.12%. The
of the PRUlink golden equity fund stood at RM1.76863 earnings growth and earnings momentum have been Since inception, the Fund achieved a gain of 125.21% outperformance was mainly due to stock selection.
compared to RM1.54827 at the end of 2016. For the preferred by the market at the expense of valuation. against the benchmark performance of 94.41%.
1-year period under review, the Fund returned 14.23%,
outperforming the benchmark return of 12.74%. For 2017, relative strategy performance was negatively
affected by avoiding expensively valued technology PRUlink money market fund Source: Eastspring Investments Berhad, Eastspring
Since inception, the Fund achieved a gain of 76.86% related themes. Our approach is to respond to price in As at 31 December 2017, the Net Asset Value per unit Investments (Singapore) Limited
against the benchmark performance of 36.47%. a contrarian manner and the strategy exited selected of the PRUlink money market fund stood at RM1.25283
technology-related holdings, where valuations became compared to RM1.21596 at the end of 2016. For the
less attractive. Over the same period, high conviction 1-year period under review, the Fund returned 3.03%,
PRUlink golden equity fund II holdings in financials lagged the market, which was a underperforming the benchmark return of 3.05%.
As at 31 December 2017, the Net Asset Value per unit of drag on shorter term performance.
the PRUlink golden equity fund II stood at RM1.33252 Since inception, the Fund achieved a gain of 25.28%
compared to RM1.11617 at the end of 2016. For the against the benchmark performance of 19.57%.
1-year period under review, the Fund returned 19.38%, PRUlink managed fund
outperforming the benchmark return of 12.74%. As at 31 December 2017, the Net Asset Value per unit
of the PRUlink managed fund stood at RM3.56427
Since inception, the Fund achieved a return of 33.25% compared to RM3.24697 at the end of 2016. For the
against the benchmark performance of 4.42%. 1-year period under review, the Fund returned 9.77%,
underperforming the benchmark return of 9.80%.
PRUlink funds F I N A N C I A L H I G H L I G H T S 0 1 2
F I N ANCI A L HIGHL IGHTS

Comparative Performance Table
for financial year ended 31 December
PRUlink equity fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Equity
Automotive 0.21 0.74 1.24 2.20 0.78
Banking & Finance 28.47 28.09 25.80 27.05 26.49
Building Materials - 0.13 0.17 0.19 0.18
Conglomerates 5.34 7.62 7.12 7.29 6.79
Construction 3.28 3.14 3.20 3.33 2.29
Consumer Products 1.77 2.16 2.41 4.06 2.15
Gaming 6.34 5.56 4.44 4.61 7.73
Healthcare 4.39 5.12 5.41 - -
Manufacturing 0.47 - - 0.89 -
Media 0.11 0.71 0.67 0.69 0.54
Oil & Gas 8.02 8.75 8.93 8.57 13.23
Plantation 7.80 5.54 5.15 5.39 5.40
Power 9.23 9.09 8.73 7.89 6.56
Property 4.68 6.67 6.29 6.75 5.69
Services - - - - -
Technology 2.27 0.38 0.43 0.08 0.16
Telecommunications 10.09 12.39 14.73 16.37 13.64
Transportation 3.43 2.49 2.87 2.03 0.87
95.90 98.58 97.59 97.39 92.50
Cash and Deposits 5.50 1.96 3.80 4.00 8.79

Other Assets 0.20 0.37 0.22 0.26 0.27
Total Liabilities (1.60) (0.91) (1.61) (1.65) (1.56)
Total 100.00 100.00 100.00 100.00 100.00
F I N ANCI A L HIGHL IGHTS (CONT’D)

PRUlink equity fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Total Net Asset Value (RM) 9,969,353,636 8,551,734,738 8,449,293,405 8,054,435,890 7,764,580,770
Units in Circulation 2,247,711,595 2,165,737,878 2,116,026,648 2,011,189,523 1,867,031,403
NAV Per Unit (RM) 4.435 3.949 3.993 4.005 4.159
Highest NAV per unit (RM) 4.436 4.075 4.254 4.249 4.163
Lowest NAV per unit (RM) 3.937 3.811 3.609 3.822 3.592
Total Return (+)
-Capital Growth 12.33% (1.11%) (0.30%) (3.70%) 11.54%

-Income Distribution - - - - -
Average Annual Return-Fund(+)

Period
One year 12.33%
Three years 3.47%
Five years 3.53%
Average Annual Return-Benchmark:

FTSE Bursa Malaysia Top 100 Index (FBM100)
Period
One year 12.74%
Three years 2.21%
Five years 2.22%
PRUlink equity fund Performance

(Since Inception)
PRUlink equity fund Vs. FTSE Bursa Malaysia Top 100 Index (FBM 100)
350.00 350.00
330.00 330.00
310.00 310.00
290.00 290.00
270.00 270.00
250.00 250.00
230.00 230.00
210.00 210.00
190.00 190.00
170.00 170.00
SI % Change
150.00 150.00
130.00 130.00
110.00 110.00
90.00 90.00
70.00 70.00
50.00 50.00
30.00 30.00
10.00 10.00
(10.00) (10.00)
(30.00) (30.00)
(50.00) (50.00)
(70.00) (70.00)
(90.00) (90.00)
7
00
02
06
06
08
09
11
12
13
15
17
7
l-9
-9
-9
-0
-0
-0
-0
-0
-0
r-1
-1
l-1
r-1
1
c-
g-
n-
v-
g-
n-
b-
v-
p-
n-
b-
c-
ay
ar
ct
ay
ar
ct
n
Ju
Ju
Ju
Ap
Ap
De
De
No
No
Au
Au
Ja
Ju
Ja
Ju
Fe
Fe
Se
Fe
O
O
M
M
M
Date
PEF FBM100
+ The Fund returns are calculated based on five decimal place

The unit prices of the Funds may go down as well as up and the past performance figures shown are not indicative of future performance.
F I NA NCI A L HIGHL IGHTS

PRUlink bond fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Fixed Income Securities:
-Corporate Bonds/Securities 97.12 97.08 95.72 97.29 99.60
Other Assets 1.07 1.06 0.98 0.97 0.99
Total 100.00 100.00 100.00 100.00 100.00
Units in Circulation 485,890,618 862,505,494 879,197,948 830,980,959 770,670,071
NAV Per Unit (RM) 3.208 3.071 2.940 2.836 2.741
Total Return(+)
-Capital Growth 4.48% 4.46% 3.67% 3.45% 2.17%

Period
One year 4.48%
Three years 4.19%
Five years 3.64%

12 Month Maybank Tier 1 Fixed Deposit Rate
Period
One year 3.10%
Three years 3.20%
Five years 3.20%
PRUlink bond fund Performance

(Since Inception)
PRUlink bond fund Vs. 12 Month Maybank Tier 1 Fixed Deposit Rate
220.00 220.00
195.00 195.00
170.00 170.00
145.00 145.00
SI % Change
120.00 120.00
95.00 95.00
70.00 70.00
45.00 45.00
20.00 20.00
(5.00) (5.00)
7
98
00
00
06
06
08
11
17
3
l-9
r-9
-0
l-0
-0
-0
-0
r-1
l-1
-1
r-1
1
1
n-
b-
c-
p-
n-
c-
g-
n-
b-
n-
v-
b-
c-
p-
ct
ay
ar
ct
ay
Ju
Ju
Ju
Ap
Ap
Ap
De
De
De
No
Au
Ju
Ja
Ju
Ja
Fe
Se
Fe
Fe
Se
O
O
M
M
M
Date
PBF 12M MBB T1 FD rate

F I NA NCIA L HIGHL IGHTS

PRUlink managed fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
PRUlink equity fund 73.58 69.82 65.74 67.59 70.05
PRUlink bond fund 26.44 30.18 34.26 32.41 29.95
Cash and Deposits - - - - -
Other Assets 0.08 - - - -
Total Liabilities (0.10) - - - -
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 3.564 3.247 3.235 3.213 3.271
Total Return (+)
-Capital Growth 9.77% 0.36% 0.68% (1.78%) 8.21%


Period
One year 9.77%
Three years 3.52%
Five years 3.35%

70% FTSE Bursa Malaysia Top 100 Index (FBM100) + 30% 12 Month Maybank Tier 1 Fixed Deposit Rate
Period
One year 9.80%
Three years 2.58%
Five years 2.58%
PRUlink managed fund Performance

(Since Inception)
PRUlink managed fund Vs. 70% (FBM100) + 30% 12 Month Maybank Tier 1 Fixed Deposit Rate
300.00 300.00
270.00 270.00
240.00 240.00
210.00 210.00
180.00 180.00
SI % Change
150.00 150.00
120.00 120.00
90.00 90.00
60.00 60.00
30.00 30.00
0.00 0.00
(30.00) (30.00)
9
00
02
02
03
04
06
06
08
10
11
13
15
17
9
r-0
r-0
-0
-1
-1
-1
-1
-1
-1
p-
n-
n-
v-
p-
n-
n-
v-
g-
n-
n-
g-
c-
g-
c-
ar
ct
ay
ar
ct
ay
ar
Ap
Ap
De
De
No
No
Au
Au
Au
Ju
Ja
Ju
Ja
Ju
Ja
Se
Se
O
M
M
M
M
Date
PMF 70% (FBM 100) & 30% 12M MBB T1 FD Rate


PRUlink managed fund II

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Other Assets - - - - -
Total Liabilities - - - - -
Total 100.00 100.00 100.00 100.00 100.00
Total Net Asset Value (RM) 1,305,133,400 1,087,136,735 978,088,433 870,619,126 745,119,419
NAV Per Unit (RM) 2.252 2.032 2.030 2.019 2.063
Total Return (+)
-Capital Growth 10.85% 0.06% 0.54% (2.14%) 9.51%


Period
One year 10.85%
Three years 3.71%
Five years 3.64%

Period
One year 10.77%
Three years 2.46%
Five years 2.46%
PRUlink managed fund II Performance

(Since Inception)
PRUlink managed fund II Vs. 80% (FBM100) + 20% 12 Month Maybank Tier 1 Fixed Deposit Rate
130.00 130.00
110.00 110.00
90.00 90.00
70.00 70.00
SI % Change
50.00 50.00
30.00 30.00
10.00 10.00
(10.00) (10.00)
06
07
09
11
13
15
17
-0
r-0
-0
l-1
-1
r-1
-1
-1
l-1
-1
-1
-1
g-
p-
n-
c-
p-
c-
n-
g-
c-
b
ct
ay
ar
ct
ay
Ju
Ju
Ap
Ap
De
De
De
No
Au
Au
Ju
Ja
Fe
Se
Fe
Se
O
M
M
M
Date
PMF II 80% FBM 100 & 20% 12M MBB T1 FD Rate


PRUlink golden equity fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
PRUlink equity fund - - 100.00 100.00 100.00
PRUlink equity income fund 99.75 100.00 - - -
Cash at Bank - - - - -
Total 100.00 100.00 100.00 100.00 100.00
Total Net Asset Value (RM) 459,046,659 360,578,169 331,826,580 279,757,602 245,100,416
NAV Per Unit (RM) 1.769 1.548 1.566 1.571 1.631
Total Return (+)
-Capital Growth 14.23% (1.13%) (0.32%) (3.70%) 11.54%


Period
One year 14.23%
Three years 4.04%
Five years 3.88%

Period
One year 12.74%
Three years 2.21%
Five years 2.22%
PRUlink golden equity fund Performance

(Since Inception)
PRUlink golden equity fund Vs. FTSE Bursa Malaysia Top 100 Index (FBM100)
100.00 100.00
90.00 90.00
80.00 80.00
70.00 70.00
60.00 60.00
50.00 50.00
40.00 40.00
SI % Change
30.00 30.00
20.00 20.00
10.00 10.00
0.00 0.00
(10.00) (10.00)
(20.00) (20.00)
(30.00) (30.00)
(40.00) (40.00)
(50.00) (50.00)
07
08
09
10
10
12
13
14
15
17
17
l-0
-1
-1
-1
-1
-1
r-1
-1
v-
n-
n-
b-
p-
v-
n-
g-
p-
c-
ar
ct
ay
ct
ay
Ju
Ap
De
No
No
Au
Ju
Ja
Ju
Ja
Fe
Se
Fe
Se
O
O
M
M
Date
PGE FBM100


PRUlink golden bond fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
PRUlink bond fund - 100.00 100.00 100.00 100.00
Eastspring Investments - Asian High Yield Bond Fund Class D 1.93 - - - -
-Corporate Bonds/Securities 93.88 - - - -
Cash and Deposits 3.06 - - - -
Total 100.00 100.00 100.00 100.00 100.00
Total Net Asset Value (RM) 1,188,356,478 1,062,765,859 937,773,679 758,779,029 580,107,496
NAV Per Unit (RM) 1.442 1.389 1.336 1.295 1.259
Total Return (+)
-Capital Growth 3.82% 3.93% 3.17% 2.93% 1.66%



Average Annual Return-Fund (+)
Period
One year 3.82%
Three years 3.63%
Five years 3.09%

Period
One year 3.10%
Three years 3.20%
Five years 3.20%
PRUlink golden bond fund Performance

(Since Inception)
PRUlink golden bond fund Vs. 12 Month Maybank Tier 1 Fixed Deposit Rate
50.00 50.00
45.00 45.00
40.00 40.00
35.00 35.00
30.00 30.00
SI % Change
25.00 25.00
20.00 20.00
15.00 15.00
10.00 10.00
5.00 5.00
0.00 0.00
(5.00) (5.00)
07
08
09
10
13
14
15
15
17
l-0
-1
-1
-1
-1
r-1
-1
-1
v-
n-
n-
p-
v-
n-
n-
g-
b-
p-
c-
b
ar
ct
ay
ct
ay
Ju
Ap
De
No
No
Au
Ju
Ja
Ju
Ja
Fe
Se
Fe
Se
O
O
M
M
Date
PGB 12M MBB T1 FD rate


PRUlink golden managed fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
PRUlink golden equity fund 23.57 18.77 19.37 17.74 21.49
PRUlink golden bond fund 76.43 81.23 80.63 82.26 78.51
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.187 1.119 1.088 1.061 1.044
Total Return (+)
-Capital Growth 6.09% 2.91% 2.54% 1.69% 3.62%


Period
One year 6.09%
Three years 3.82%
Five years 3.35%

Period
One year 4.99%
Three years 3.06%
Five years 3.05%
PRUlink golden managed fund Performance

(Since Inception)
PRUlink golden managed fund Vs. 20% FTSE Bursa Malaysia 100 (FBM100) + 80% 12 Month Maybank Tier 1 Fixed Deposit Rate
20.00 20.00
18.00 18.00
16.00 16.00
14.00 14.00
12.00 12.00
SI % Change
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
(2.00) (2.00)
2
13
15
17
17
17
-1
-1
-1
-1
r-1
l-1
-1
-1
-1
-1
r-1
l-1
-1
-1
-
p-
p-
c-
ct
ay
ct
ay
ct
ay
Ju
Ju
Ap
Ap
De
De
De
Fe
Se
Fe
Se
Fe
Se
O
O
M
M
Date
PGM 20% FBM 100 & 80% 12M MBB TI FD Rate


PRUlink education equity fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Total 100.00 100.00 100.00 100.00 100.00
Units in Circulation 2,246,217 1,933,394 1,600,294 1,257,138 966,581
NAV Per Unit (RM) 1.630 1.451 1.467 1.472 1.528
Total Return(+)
-Capital Growth 12.33% (1.11%) (0.34%) (3.70%) 11.54%

Period
One year 12.33%
Three years 3.47%
Five years 3.53%

Period
One year 12.74%
Three years 2.21%
Five years 2.22%
PRUlink education equity fund Performance

(Since Inception)
PRUlink education equity fund Vs. FTSE Bursa Malaysia Top 100 Index (FBM100)
66.00 66.00
60.00 60.00
54.00 54.00
48.00 48.00
42.00 42.00
36.00 36.00
SI % Change
30.00 30.00
24.00 24.00
18.00 18.00
12.00 12.00
6.00 6.00
0.00 0.00
(6.00) (6.00)
7
0
10
11
15
5
16
-1
-1
-1
-1
-1
r-1
-1
r-1
-1
-1
-1
-1
p-
p-
v-
v-
ar
ar
ar
ct
ct
ct
ay
ay
ay
c
Ap
Ap
De
No
No
Se
Se
O
M
M
Date
PEEF FBM100


PRUlink education bond fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.327 1.276 1.228 1.191 1.157
Total Return(+)
-Capital Growth 3.94% 3.93% 3.11% 2.93% 1.66%

Period
One year 3.94%
Three years 3.67%
Five years 3.12%

Period
One year 3.10%
Three years 3.20%
Five years 3.20%
PRUlink education bond fund Performance

(Since Inception)
PRUlink education bond fund Vs. 12 Month Maybank Tier 1 Fixed Deposit Rate
35.00 35.00
32.50 32.50
30.00 30.00
27.50 27.50
25.00 25.00
22.50 22.50
SI % Change
20.00 20.00
17.50 17.50
15.00 15.00
12.50 12.50
10.00 10.00
7.50 7.50
5.00 5.00
2.50 2.50
0.00 0.00
0
5
10
12
15
16
17
-1
-1
-1
-1
r-1
-1
r-1
-1
-1
-1
-1
p-
p-
v-
v-
c-
b
ar
ar
ct
ct
ay
ay
ay
Ap
Ap
De
No
No
Fe
Se
Se
Se
O
M
M
Date
PEBF 12M MBB T1 FD rate


PRUlink dana unggul

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Equity
Automotive - 1.54 2.05 4.52 4.23
Banking & Finance 4.23 4.45 - - -
Building Materials - 0.47 - - -
Conglomerates 8.11 10.25 9.98 10.36 8.29
Construction 5.55 3.94 3.42 4.61 5.20
Consumer Products 3.71 3.19 3.35 7.63 2.89
Finance - - 4.05 3.54 3.05
Healthcare 5.97 8.95 10.80 - -
Insurance - - - - 1.42
Manufacturing 3.68 - - 1.87 0.84
Media - - - 0.21 0.15
Oil & Gas 18.38 14.21 11.10 11.66 22.44
Plantation 11.26 9.59 5.62 8.16 8.27
Power 9.85 10.84 11.53 10.71 9.77
Property 6.82 6.81 6.66 7.18 3.15
Services 0.16 - - - -
Technology 6.62 0.99 2.32 1.27 1.19
Telecommunications 8.20 17.33 22.31 23.68 24.34
Transportation 4.45 5.00 5.56 3.55 1.53
96.99 97.56 98.75 98.94 96.76

Other Assets 0.21 0.50 0.35 0.43 0.37
Total 100.00 100.00 100.00 100.00 100.00

PRUlink dana unggul

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
NAV Per Unit (RM) 3.833 3.453 3.607 3.411 3.419
Total Return(+)
-Capital Growth 10.98% (4.25%) 5.75% (0.23%) 16.17%

Period
One year 10.98%
Three years 3.96%
Five years 5.42%

FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA)
Period
One year 10.72%
Three years 2.08%
Five years 2.92%
PRUlink dana unggul Performance

(Since Inception)
PRUlink dana unggul Vs. FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA)
300.00 300.00
250.00 250.00
200.00 200.00
SI % Change
150.00 150.00
100.00 100.00
50.00 50.00
0.00 0.00
(50.00) (50.00)
10
11
12
13
15
16
17
00
02
03
05
06
08
08
09
-0
-0
-0
-0
-0
-1
-1
-1
c-
p-
n-
c-
p-
n-
c-
g-
v-
g-
v-
g-
b-
v-
g-
-
ay
ay
ay
ay
ar
ar
ar
De
De
De
No
No
No
Au
Au
Au
Au
Ju
Ju
Fe
Fe
Fe
Se
Se
M
M
M
M
Date
PDU FBMSHA


PRUlink dana aman

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Other Assets 0.98 1.08 1.10 1.08 1.10
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 2.407 2.306 2.212 2.136 2.055
Total Return(+)
-Capital Growth 4.35% 4.27% 3.56% 3.95% 1.18%

Period
One year 4.35%
Three years 4.05%
Five years 3.45%

Period
One year 3.10%
Three years 3.20%
Five years 3.20%
PRUlink dana aman Performance

(Since Inception)
PRUlink dana aman Vs. 12 Month Maybank Tier 1 Fixed Deposit Rate
140.00 140.00
120.00 120.00
100.00 100.00
SI % Change
80.00 80.00
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
08
09
11
14
16
17
00
02
02
03
05
05
06
8
-0
-0
-0
-0
-1
-1
-1
-1
-1
g-
b-
v-
g-
b-
v-
g-
v-
g-
c-
n-
c-
p-
n-
c-
ay
ay
ay
ay
ar
ar
ar
De
De
De
No
No
No
Au
Au
Au
Au
Ju
Ju
Fe
Fe
Fe
Se
Se
M
M
M
M
Date
PDA 12M MBB T1 FD rate


PRUlink dana urus

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
PRUlink dana unggul 73.01 69.13 65.93 67.20 70.36
PRUlink dana aman 27.02 30.87 34.07 32.80 29.64
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 3.253 2.991 3.046 2.911 2.888
Total Return(+)
-Capital Growth 8.75% (1.81%) 4.64% 0.80% 11.06%

Period
One year 8.75%
Three years 3.77%
Five years 4.58%

70% FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA) + 30% 12 Month Maybank Tier 1 Fixed Deposit Rate
Period
One year 8.41%
Three years 2.49%
Five years 3.08%
PRUlink dana urus fund Performance

(Since Inception)
PRUlink dana urus fund Vs. 70% FBMSHA + 30% 12 Month Maybank Tier 1 Fixed Deposit Rate
240.00 240.00
220.00 220.00
200.00 200.00
180.00 180.00
160.00 160.00
140.00 140.00
120.00
SI % Change
120.00
100.00 100.00
80.00 80.00
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
(40.00) (40.00)
00
03
03
08
09
12
12
14
15
17
17
-0
-0
-0
l-0
-0
-0
-0
l-1
-1
-1
r-1
g-
n-
v-
n-
p-
b-
c-
g-
n-
b-
c-
ay
ar
ay
ar
ay
ct
Ju
Ju
Ap
De
De
No
No
Au
Au
Ja
Ja
Ju
Se
Se
Fe
Fe
O
M
M
M
M
Date
PDUrus 70%FBMSHA & 30%12M MBB T1 FD rate


PRUlink dana urus II

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 2.413 2.200 2.256 2.143 2.127
Total Return (+)
-Capital Growth 9.71% (2.52%) 5.27% 0.74% 12.90%


Period
One year 9.71%
Three years 4.04%
Five years 5.08%

80% FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA) + 20% 12 Month Maybank Tier 1 Fixed Deposit Rate
Period
One year 9.18%
Three years 2.36%
Five years 3.03%
PRUlink dana urus II fund Performance

(Since Inception)
PRUlink dana urus II fund Vs. 80% FBMSHA + 20% 12 Month Maybank Tier 1 Fixed Deposit Rate
160.00 160.00
140.00 140.00
120.00 120.00
100.00 100.00
SI % Change
80.00 80.00
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
06
08
11
13
14
16
16
17
-0
-0
-0
-0
-1
-1
-1
-1
-1
-1
l-1
r-1
g-
c-
c-
p-
c-
b-
p-
c-
ar
ct
ay
ar
ct
ay
ay
Ju
Ju
Ju
Ap
De
De
De
De
Au
Fe
Se
Fe
Se
O
O
M
M
M
M
Date
PDUrusII 80%FBMSHA & 20%12M MBB T1 FD rate


PRUlink Asia managed fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Asian Equity Fund 79.10 79.34 78.12 82.10 72.34
Asian Bond Fund 24.26 25.21 27.60 22.05 30.74
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.980 1.713 1.583 1.484 1.320
Total Return (+)
-Capital Growth 15.57% 8.20% 6.67% 12.39% 2.49%


Period
One year 15.57%
Three years 10.08%
Five years 8.97%

70% MSCI Asia ex-Japan Index + 30% JP Morgan Asia Credit Index
Period
One year 17.40%
Three years 14.78%
Five years 13.35%
PRUlink Asia managed fund Performance

(Since Inception)
PRUlink Asia managed fund Vs. 70% MSCI Asia Ex-Japan Index + 30% JP Morgan Asia Credit Index
210.00 210.00
180.00 180.00
150.00 150.00
120.00 120.00
SI % Change
90.00 90.00
60.00 60.00
30.00 30.00
0.00 0.00
(30.00) (30.00)
06
07
07
08
10
10
11
13
14
17
l-0
r-0
-0
-1
l-1
-1
-1
-1
-1
-1
v-
b-
p-
c-
b-
p-
c-
b-
p-
c-
c-
l
ay
ay
ct
ay
Ju
Ju
Ju
Ju
Ap
De
De
De
De
No
Fe
Se
Fe
Se
Fe
Se
Fe
O
M
M
Date
PAMF 70%MSCI & 30% JP MORGAN


PRUlink Asia property securities fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Asian Property Securities Fund 104.36 104.42 105.70 105.15 102.19
Cash and Deposits 0.31 0.09 0.09 0.18 -
Other Assets 0.11 0.04 - - -
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.804 1.549 1.475 1.244 1.040
Total Return(+)
-Capital Growth 16.45% 5.03% 18.59% 19.66% (0.73%)

Period
One year 16.45%
Three years 13.20%
Five years 11.49%

GPR-Customised Asia Pac (ex-Japan) Property Index
Period
One year 28.44%
Three years 18.82%
Five years 14.56%
PRUlink Asia property securities fund Performance

(Since Inception)
PRUlink Asia property securities fund Vs. GPR - Customized Asia Pac (Ex-Japan) Property Index
100.00 100.00
80.00 80.00
60.00 60.00
40.00 40.00
SI % Change
20.00 20.00
0.00 0.00
(20.00) (20.00)
(40.00) (40.00)
(60.00) (60.00)
8
08
09
10
11
14
16
17
-0
-0
-1
-1
r-1
-1
-1
-1
-1
-1
-1
-1
g-
p-
p-
p-
v-
v-
v-
c-
b
ar
ar
ct
ct
ay
ay
n
Ap
Ap
Ap
De
No
No
No
Au
Ju
Fe
Fe
Se
Se
Se
O
M
M
Date
PAPS GPR


PRUlink Asia local bond fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Asian Local Bond Fund 101.10 100.85 99.51 101.63 100.80
Other Assets - 0.07 1.86 - -
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.931 1.946 1.814 1.557 1.402
Total Return(+)
-Capital Growth (0.76%) 7.29% 16.50% 11.10% (1.52%)

Period
One year (0.76%)
Three years 7.45%
Five years 6.30%

Markit iBoxx ALBI ex-China Onshore ex China Offshore ex-Taiwan Net of Tax Custom Index
Period
One year 0.40%
Three years 7.98%
Five years 6.79%
PRUlink Asia local bond fund Performance

(Since Inception)
PRUlink Asia local bond fund Vs. Markit iBoxx ALBI ex-China Onshore ex-China Offshore
ex-Taiwan Net of Tax Custom Index
110.00 110.00
100.00 100.00
90.00 90.00
80.00 80.00
70.00 70.00
60.00 60.00
SI % Change
50.00 50.00
40.00 40.00
30.00 30.00
20.00 20.00
10.00 10.00
0.00 0.00
(10.00) (10.00)
16
08
09
09
10
10
11
13
4
12
17
1
-1
-1
-1
l-1
-1
r-1
-1
-1
l-1
g-
p-
b-
g-
n-
n-
v-
c-
n-
n-
c-
p-
ay
ct
ar
ct
ar
Ju
Ju
Ap
De
De
No
No
Au
Au
Ja
Ju
Ju
Ja
Se
Fe
Se
Fe
O
O
M
M
M
Date
PALB Markit iBoxx



Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Global Market Navigator Fund 101.95 104.01 101.99 104.12 102.24
Other Assets 0.50 - 0.05 - -
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.980 1.951 1.767 1.504 1.409
Total Return(+)
-Capital Growth 1.45% 10.41% 17.49% 6.74% 16.84%

Period
One year 1.45%
Three years 9.59%
Five years 10.42%

Period
One year 3.10%
Three years 3.20%
Five years 3.20%
PRUlink global market navigator fund Performance

(Since Inception)
PRUlink global market navigator fund Vs. 12 Month Maybank Tier 1 Fixed Deposit Rate
110.00 110.00
100.00 100.00
90.00 90.00
80.00 80.00
70.00 70.00
SI % Change
60.00 60.00
50.00 50.00
40.00 40.00
30.00 30.00
20.00 20.00
10.00 10.00
0.00 0.00
08
10
11
11
13
13
14
16
17
r-0
-0
-1
l-1
-1
-1
r-1
-1
p-
v-
n-
c-
n-
g-
b-
p-
v-
c-
ct
ay
ar
ct
ay
Ju
Ap
Ap
De
De
No
No
Au
Ju
Ja
Se
Fe
Se
O
O
M
M
M
Date
PGMN 12M MBB T1 FD rate


PRUlink dragon peacock fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Dragon Peacock Fund 100.53 101.00 100.69 102.84 100.80
Other Assets 0.22 0.45 - - -
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.895 1.489 1.374 1.190 1.000
Total Return(+)
-Capital Growth 27.31% 8.36% 15.46% 19.00% 4.61%

Period
One year 27.31%
Three years 16.79%
Five years 14.68%

50% MSCI China & 50% MSCI India Index
Period
One year 32.16%
Three years 16.91%
Five years 16.38%
PRUlink dragon peacock fund Performance

(Since Inception)
PRUlink dragon peacock fund Vs. 50% MSCI China & 50% MSCI India Index
100.00 100.00
80.00 80.00
60.00 60.00
SI % Change
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
(40.00) (40.00)
10
10
10
12
13
14
15
16
17
17
-1
-1
-1
-1
-1
-1
r-1
-1
1
n-
n-
v-
g-
c-
v-
p-
g-
n-
n-
c-
r
ct
ar
ay
ar
Ju
Ap
Ap
De
De
No
No
Au
Au
Ja
Ju
Ja
Ju
Fe
Se
O
M
M
Date
PDPF 50% MSCI China & 50% MSCI India Index


PRUlink Asia equity fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Other Assets 0.50 - - 0.06 1.43
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.535 1.250 1.150 1.129 1.002
Total Return(+)
-Capital Growth 22.80% 8.69% 1.86% 12.63% 1.10%

Period
One year 22.80%
Three years 10.80%
Five years 9.15%

MSCI Asia ex-Japan Index
Period
One year 28.12%
Three years 16.57%
Five years 14.49%
PRUlink Asia equity fund Performance

(Since Inception)
PRUlink Asia equity fund Vs. MSCI Asia Ex-Japan Index
140.00 140.00
120.00 120.00
100.00 100.00
80.00 80.00
SI % Change
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
0
13
13
14
15
17
16
7
1
-1
-1
r-1
r-1
l-1
1
g-
n-
n-
g-
n-
n-
v-
p-
n-
n-
v-
b-
p-
c-
v
ar
Ju
Ap
Ap
De
No
No
No
Au
Au
Ja
Ju
Ja
Ju
Ja
Ju
Se
Fe
Se
M
Date
PAEF MSCI Asia Ex-Japan Index


PRUlink dyna growth I fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Structured Product 100.61 100.52 100.42 100.03 99.83
Cash at Bank 0.03 0.06 0.08 0.40 0.39
Other Assets - - - 0.02 0.18
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.017 1.006 0.994 0.949 0.927
Total Return(+)
-Capital Growth 1.07% 1.25% 4.74% 2.37% 1.21%

Period
One year 1.07%
Three years 2.32%
Five years 2.11%
PRUlink dyna growth I fund Performance

(Since Inception)
5.00
4.00
3.00
2.00
1.00
0.00
(1.00)
SI % Change
(2.00)
(3.00)
(4.00)
(5.00)
(6.00)
(7.00)
(8.00)
(9.00)
11
11
12
12
13
13
14
14
15
15
16
16
17
17
r-1
r-1
r-1
r-1
r-1
r-1
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
Ap
Ap
Ap
Ap
Ap
Ap
De
De
De
De
De
De
De
Au
Au
Au
Au
Au
Au
Au
Date


PRUlink dyna growth II fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Cash at Bank 0.05 0.11 0.16 0.46 0.45
Other Assets - - - 0.03 0.27
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.068 1.031 1.002 0.926 0.889
Total Return(+)
-Capital Growth 3.53% 2.94% 8.21% 4.16% 2.31%

Period
One year 3.53%
Three years 4.84%
Five years 4.19%
PRUlink dyna growth II fund Performance

(Since Inception)
12.00
11.00
10.00
9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
1.00
SI % Change
0.00
(1.00)
(2.00)
(3.00)
(4.00)
(5.00)
(6.00)
(7.00)
(8.00)
(9.00)
(10.00)
(11.00)
(12.00)
(13.00)
(14.00)
1
11
12
12
16
7
1
r-1
r-1
-1
-1
r-1
-1
-1
r-1
r-1
-1
r-1
-1
g-
c-
g-
c-
g-
c-
g-
g-
g
c
Ap
Ap
Ap
Ap
Ap
Ap
De
De
De
De
De
De
De
Au
Au
Au
Au
Au
Au
Au
Date


PRUlink dyna growth III fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Cash at Bank 0.45 0.92 0.05 1.59 1.68
Other Assets 0.05 - 0.51 0.62 0.66
Total 100.00 100.00 100.00 100.00 100.00
Total Net Asset Value (RM) 176,821 166,738 203,968 193,356 183,079
Units in Circulation 156,522 156,522 200,148 210,235 210,235
NAV Per Unit (RM) 1.130 1.065 1.019 0.920 0.871
Total Return(+)
-Capital Growth 6.05% 4.53% 10.76% 5.61% 3.51%

Period
One year 6.05%
Three years 7.09%
Five years 6.07%
PRUlink dyna growth III fund Performance

(Since Inception)
19.00
17.00
15.00
13.00
11.00
9.00
7.00
5.00
SI % Change
3.00
1.00
(1.00)
(3.00)
(5.00)
(7.00)
(9.00)
(11.00)
(13.00)
(15.00)
(17.00)
1
11
12
12
13
13
15
15
16
16
17
17
1
r-1
r-1
r-1
r-1
r-1
r-1
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
Ap
Ap
Ap
Ap
Ap
Ap
De
De
De
De
De
De
De
Au
Au
Au
Au
Au
Au
Au
Date


PRUlink dyna growth IV fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Cash at Bank 0.49 1.35 0.07 2.13 2.27
Other Assets 0.09 - 0.60 0.75 0.81
Total 100.00 100.00 100.00 100.00 100.00
Total Net Asset Value (RM) 122,993 113,529 154,182 148,616 138,902
Units in Circulation 102,554 102,554 147,500 157,893 157,893
NAV Per Unit (RM) 1.199 1.107 1.045 0.941 0.880
Total Return(+)
-Capital Growth 8.34% 5.91% 11.05% 6.99% 4.75%

Period
One year 8.34%
Three years 8.40%
Five years 7.38%
PRUlink dyna growth IV fund Performance

(Since Inception)
24.00
22.00
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
SI % Change
4.00
2.00
0.00
(2.00)
(4.00)
(6.00)
(8.00)
(10.00)
(12.00)
(14.00)
(16.00)
(18.00)
11
12
12
13
13
14
14
15
16
16
17
7
1
r-1
r-1
r-1
r-1
r-1
r-1
1
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
g-
c-
Ap
Ap
Ap
Ap
Ap
Ap
De
De
De
De
De
De
De
Au
Au
Au
Au
Au
Au
Au
Date

F I N ANCIA L HIGHL IGHTS

PRUlink money market fund

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Other Assets 0.36 0.22 0.91 1.63 1.00
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.253 1.216 1.174 1.128 1.077
Total Return (+)
-Capital Growth 3.04% 3.59% 4.08% 4.73% 3.55%


Period
One year 3.04%
Three years 3.57%
Five years 3.80%

Period
One year 3.05%
Three years 3.05%
Five years 2.97%
PRUlink money market fund Performance

(Since Inception)
PRUlink money market fund Vs. 1 Month Maybank Fixed Deposit Rate
26.00 26.00
24.00 24.00
22.00 22.00
20.00 20.00
18.00 18.00
16.00 16.00
SI % Change
14.00 14.00
12.00 12.00
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
11
12
13
14
15
16
17
17
-1
l-1
-1
l-1
-1
l-1
-1
-1
r-1
-1
-1
v-
v-
v-
v-
c-
c-
g-
c-
ar
ar
ar
ar
r
Ju
Ju
Ju
Ju
Ap
Ap
De
De
De
No
No
No
No
Au
Au
M
M
Date
PMMF 1M MBB FD rate

FI N ANCIA L HIGHL IGHTS

PRUlink golden equity fund II

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Equity
Automotive - - - 2.92 3.69
Banking & Finance 21.46 23.62 24.52 23.15 26.30
Building Materials - 1.93 - - -
Conglomerate 7.99 5.80 9.52 5.81 6.01
Construction 12.11 5.94 2.77 2.99 3.57
Consumer 2.08 1.67 3.57 6.68 3.01
Gaming 5.02 6.86 3.14 0.97 7.55
Healthcare 1.51 4.43 9.50 - -
Manufacturing 9.62 8.15 - 3.39 1.90
Media - 0.56 0.83 - -
Oil and Gas 10.63 5.76 5.85 8.23 13.03
Plantation / Natural Resources 3.04 1.76 1.47 4.99 6.54
Power / Utilities 8.73 8.56 7.53 6.93 5.46
Property 2.25 5.93 8.84 14.43 4.30
Technology 2.56 1.79 2.86 1.00 1.43
Telecommunication 0.61 11.08 14.33 14.12 8.92
Transportation 8.17 1.63 3.23 1.01 0.46
95.78 95.47 97.96 96.64 92.17

Other Assets 0.06 0.31 0.22 0.19 0.19
Total 100.00 100.00 100.00 100.00 100.00
FI N ANCIA L HIGHL IGHTS (CONT’D)


Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Total Net Asset Value (RM) 6,495,644 4,526,909 3,372,274 1,897,745 711,360
Units in Circulation 4,875,078 4,055,895 3,023,063 1,804,951 680,759
NAV Per Unit (RM) 1.332 1.116 1.116 1.051 1.045
Total Return (+)
-Capital Growth 19.38% 0.06% 6.10% 0.62% 4.50%


Period
One year 19.38%
Three years 8.22%
Five years 5.91%

Period
One year 12.74%
Three years 2.21%
Five years 0.97%
PRUlink golden equity fund II Performance

(Since Inception)
PRUlink golden equity fund II Vs. FTSE Bursa MalaysiaTop 100 Index (FBM100)
35.00 35.00
30.00 30.00
25.00 25.00
20.00 20.00
15.00 15.00
SI % Change
10.00 10.00
5.00 5.00
0.00 0.00
(5.00) (5.00)
(10.00) (10.00)
(15.00) (15.00)
3
15
16
17
7
l-1
-1
-1
r-1
-1
-1
-1
-1
-1
v-
b-
g-
v-
b-
g-
v-
b-
g-
ct
ay
ay
ay
c
Ju
Ju
Ap
De
No
No
No
Au
Au
Au
Ja
Fe
Fe
Fe
O
M
Date
PGE II FBM100


PRUlink golden bond fund II

Category 2017 (%) 2016 (%) 2015 (%) 2014(%) 2013 (%)
Investment in-
Cash at Bank 5.26 2.23 1.54 3.34 20.80
Other Assets 1.12 1.07 0.82 0.76 0.77
Total Liabilities (0.11) (0.02) (0.01) - (15.88)
Total 100.00 100.00 100.00 100.00 100.00
NAV Per Unit (RM) 1.217 1.161 1.108 1.063 1.019
Total Return (+)
-Capital Growth 4.86% 4.74% 4.23% 4.36% 1.88%


Period
One year 4.86%
Three years 4.60%
Five years 4.00%

Period
One year 3.10%
Three years 3.20%
Five years 3.23%
PRUlink golden bond fund II Performance

(Since Inception)
PRUlink golden bond fund II Vs. 12 Month Maybank Tier 1 Fixed Deposit Rate
22.00 22.00
20.00 20.00
18.00 18.00
16.00 16.00
14.00 14.00
12.00 12.00
SI % Change
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
(2.00) (2.00)
3
14
14
15
15
15
17
7
3
-1
r-1
l-1
-1
-1
-1
-1
-1
-1
-1
-1
n-
v-
b-
g-
v-
v-
b-
ct
ay
ay
ay
c
l
Ju
Ju
Ap
De
No
No
No
Au
Au
Au
Ja
Fe
Fe
Fe
O
M
Date
PGB II 12M MBB T1 FD rate


PRUlink equity focus fund

Category 2017 (%) 2016 (%) 2015 (%)
Equity
Automotive 0.45 2.66 -
Banking & Finance 26.48 13.70 16.69
Building Materials - 1.05 -
Conglomerate 3.69 3.27 9.37
Construction 10.44 4.52 10.85
Consumer 3.71 8.66 3.85
Gaming 4.88 5.61 2.97
Health Care 4.89 9.59 7.33
Manufacturing 1.20 9.15 3.53
Oil and Gas 2.50 - 8.79
Plantation / Natural Resources 2.76 2.54 3.41
Power / Utilities 7.99 6.47 6.85
Property 4.52 9.51 9.03
Technology 4.20 3.99 2.92
Telecommunication 1.27 - 8.49
Transportation 5.30 1.90 1.98
84.27 82.62 96.04
Cash and Deposits 16.64 18.71 8.98
Other Assets 0.06 0.30 0.06
Total Liabilities (0.97) (1.63) (5.08)
Total 100.00 100.00 100.00
F I NA NCIA L HIGHL IGHTS ( CONT’D)


Category 2017 (%) 2016 (%) 2015 (%)
Total Net Asset Value (RM) 279,957,194 167,055,933 111,769,724
Units in Circulation 481,382,467 340,346,424 220,681,577
NAV Per Unit (RM) 0.582 0.491 0.506
Highest NAV per unit (RM) 0.582 0.526 0.506
Lowest NAV per unit (RM) 0.490 0.487 0.495
Total Return (+)
-Capital Growth 18.48% -3.08% 1.30%

-Income Distribution - - -

Period
One year 18.48%
Three years 7.46%
Five years n/a

Period
One year 12.74%
Three years 5.57%
Five years n/a
PRUlink equity focus fund Performance

(Since Inception)
PRUlink equity focus fund Vs. FTSE Bursa Malaysia Top 100 Index (FBM100)
20.00 20.00
16.00 16.00
12.00 12.00
SI % Change
8.00 8.00
4.00 4.00
0.00 0.00
(4.00) (4.00)
5
16
16
16
17
17
7
-1
-1
-1
1
b-
g-
v-
b-
p-
c-
ct
ay
ay
De
No
Au
Fe
Fe
Se
O
M
Date
PEQF FBM100


PRUlink equity income fund

Category 2017 (%) 2016 (%) 2015 (%)
Equity
Automotive 0.80 1.09 2.05
Banking & Finance 17.34 21.87 27.80
Building Materials 0.33 - -
Conglomerate 3.62 6.03 1.86
Construction 4.85 4.49 7.75
Consumer 11.98 11.16 2.60
Gaming 7.02 7.07 2.36
Healthcare 6.14 5.29 -
Manufacturing 3.41 3.13 -
Media - 0.97 3.77
Oil and Gas 5.04 2.64 4.40
Plantation / Natural Resources 2.69 - 1.52
Power / Utilities 4.88 7.12 7.34
Property 7.93 12.02 11.32
Services - - 1.42
Technology 1.94 2.02 4.99
Telecommunication 8.18 0.89 15.40
Transport / Logistic related - 0.05 -
Transportation 2.67 0.74 -
88.80 86.58 94.58
Cash and Deposits 11.90 11.50 14.64
Total 100.00 100.00 100.00


Category 2017 (%) 2016 (%) 2015 (%)
Total Net Asset Value (RM) 616,687,006 436,161,255 41,909,455
Units in Circulation 1,038,058,580 838,717,218 82,897,527
NAV Per Unit (RM) 0.594 0.520 0.506
Total Return (+)
-Capital Growth 14.24% 2.86% 1.11%


Period
One year 14.24%
Three years 8.21%
Five years n/a

Period
One year 12.74%
Three years 5.35%
Five years n/a
PRUlink equity income fund Performance

(Since Inception)
PRUlink equity income fund Vs. FTSE Bursa Malaysia Top 100 Index (FBM100)
20.00 20.00
16.00 16.00
12.00 12.00
SI % Change
8.00 8.00
(4.00) (4.00)
0.00 0.00
(4.00) (4.00)
5
16
16
17
17
-1
-1
-1
-1
n-
g-
g-
c-
ct
ay
ay
De
No
Au
Au
Ja
Fe
O
M
Date
PEQI FBM100


PRUlink Asian high yield bond fund

Category 2017 (%) 2016 (%) 2015 (%)
Investment in-
Eastspring Investment Asian High Yield Bond MY Fund 99.69 99.43 201.02
Cash at Bank 0.11 - 0.71
Total Liabilities - (0.15) (101.89)
Total 100.00 100.00 100.00
Total Net Asset Value (RM) 11,515,704 4,210,133 14,721

Units in Circulation 20,268,851 7,773,369 29,937
NAV Per Unit (RM) 0.568 0.542 0.492
Total Return(+)
-Capital Growth 4.90% 10.15% (1.65%)

Period
One year 4.90%
Three years 4.35%
Five years n/a

J.P. Morgan Asia Credit Index (“JACI”) Non-Investment Grade
Period
One year 8.62%
Three years 9.94%
Five years n/a
PRUlink Asian high yield bond fund Performance

(Since Inception)
PRUlink Asian high yield bond fund Vs. JP. Morgan Asia Credit Index (”JACI”) Non-Investment Grade
24.00 24.00
22.00 22.00
20.00 20.00
18.00 18.00
16.00 16.00
14.00 14.00
SI % Change
12.00 12.00
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
(20.00) (2.00)
(40.00) (4.00)
5
6
15
16
16
17
17
17
17
-1
-1
r-1
-1
-1
-1
-1
-1
-1
-1
-1
g-
v-
c-
n-
b-
g-
p-
c-
ct
ar
ay
ct
ar
ay
ct
Ju
Ap
De
De
De
No
Au
Au
Ja
Ju
Fe
Se
O
O
M
M
M
M
Date
PAHB JACI


PRUlink Japan dynamic fund

Category 2017 (%) 2016 (%) 2015 (%)
Investment in-
Eastspring Investments Japan Dynamic MY Fund 100.78 100.20 99.63
Cash at Bank 0.18 0.01 0.05
Total 100.00 100.00 100.00
Total Net Asset Value (RM) 2,356,369 809,244 202,153

Units in Circulation 4,016,117 1,614,162 435,689
NAV Per Unit (RM) 0.587 0.501 0.464
Total Return(+)
-Capital Growth 17.03% 8.05% (7.20%)

Period
One year 17.03%
Three years 5.47%
Five years n/a

MSCI Japan Index (net dividend basis)
Period
One year 23.34%
Three years 10.51%
Five years n/a
PRUlink Japan dynamic fund performance

(Since Inception)
PRUlink Japan dynamic fund Vs. MSCI Japan Index (net dividend basis)
25.00 25.00
20.00 20.00
15.00 15.00
10.00 10.00
5.00 5.00
SI % Change
0.00 0.00
(5.00) (5.00)
(10.00) (10.00)
15.00) 15.00)
(20.00) (20.00)
(25.00) (25.00)
(30.00) (30.00)
5
15
16
16
16
16
17
17
17
-1
-1
r-1
-1
-1
-1
-1
-1
-1
-1
-1
c-
n-
g-
v-
c-
g-
p-
c-
ct
ar
ay
ct
ar
ay
ct
Ju
Ap
De
De
De
No
Au
Au
Ja
Ju
Fe
Se
O
O
M
M
M
M
Date
PJDF MSCI



Category 2017 (%) 2016 (%) 2015 (%)
Investment in-
Eastspring Investments Global Leaders MY Fund 100.53 99.72 66.86
Cash at Bank 0.02 0.03 0.06
Other Assets 0.27 1.13 33.08
Total Liabilities (0.82) (0.88) -
Total 100.00 100.00 100.00
Total Net Asset Value (RM) 1,048,607 346,299 151,367

Units in Circulation 1,744,078 625,601 305,426
NAV Per Unit (RM) 0.601 0.554 0.496
Total Return(+)
-Capital Growth 8.62% 11.69% (0.88%)

Period
One year 8.62%
Three years n/a
Five years n/a

MSCI World Index
Period
One year 8.31%
Three years 13.05%
Five years n/a
PRUlink global leaders fund Performance

(Since Inception)
PRUlink global leaders fund Vs MSCI World Index
33.00 33.00
30.00 30.00
27.00 27.00
24.00 24.00
21.00 21.00
18.00 18.00
15.00 15.00
SI % Change
12.00 12.00
9.00 9.00
6.00 6.00
3.00 3.00
0.00 0.00
(3.00) (3.00)
(6.00) (6.00)
(9.00) (9.00)
(12.00) (12.00)
(15.00) (15.00)
5
16
17
17
7
-1
-1
-1
-1
r-1
-1
l-1
-1
-1
-1
-1
-1
-1
-1
g-
v-
n-
g-
p-
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ar
ay
ct
ar
ay
ct
c
Ju
Ap
De
De
De
No
Au
Au
Ja
Ju
Fe
Se
O
O
M
M
M
M
Date
PGLF MSCI World Index


PRUlink Asian multi-asset fund

Category 2017 (%) 2016 (%)
Investment in-
SCHRODER ASIAN INCOME SGD CLASS X 99.78 98.14
Cash at Bank 0.43 2.16
Other Assets 0.51 1.88
Total Liabilities (0.72) (2.18)
Total 100.00 100.00
Total Net Asset Value (RM) 25,108,644 6,048,404

Units in Circulation 47,650,437 12,036,535
NAV Per Unit (RM) 0.527 0.503
Highest NAV per unit (RM) 0.541 0.505
Lowest NAV per unit (RM) 0.503 0.488
Total Return(+)
-Capital Growth 4.86% 0.50%
-Income Distribution - -

Period
One year 4.86%
Three years n/a
Five years n/a

50% MSCI AC Asia Pacific ex-Japan Net + 50% JP Morgan Asia Credit Index (SGO Hedged)
Period
One year 12.73%
Three years n/a
Five years n/a
PRUlink Asian multi-asset fund Performance

(Since Inception)
PRUlink Asian multi-asset fund Vs. 50% MSCI AC Asia Pacific ex Japan +
50% JP Morgan Asia Credit Index (SGD Hedged)
20.00
18.00
16.00
14.00
12.00
SI % Change
10.00
8.00
6.00
4.00
2.00
0.00
(2.00)
6
16
16
16
17
17
17
17
17
1
-1
-1
-1
r-1
-1
l-1
-1
g-
p-
v-
c-
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n-
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No
Au
Au
Ja
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Se
O
O
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M
Date
PAMA 50% MSCI AC Asia Pacific ex Japan + 50% JP Morgan Asia Credit Index (SGD Hedged)


PRUlink euro equity fund

Category 2017 (%) 2016 (%)
Investment in-
SISF EURO Equity SGD Hdg A Acc 99.42 64.84
Cash at Bank 3.02 35.38
Other Assets 0.52 0.09
Total Liabilities (2.96) (0.31)
Total 100.00 100.00
Total Net Asset Value (RM) 3,745,788 10,224

Units in Circulation 6,707,837 19,919
NAV Per Unit (RM) 0.558 0.513
Highest NAV per unit (RM) 0.587 0.518
Lowest NAV per unit (RM) 0.513 0.495
Total Return(+)
-Capital Growth 8.79% 2.66%
-Income Distribution - -

Period
One year 8.79%
Three years n/a
Five years n/a

MSCI European Monetary Union Net TR
Period
One year 15.48%
Three years n/a
Five years n/a
PRUlink euro equity fund Performance

(Since Inception)
PRUlink euro equity fund Vs. MSCI European Monetary Union Net TR
36.00
34.00
32.00
30.00
28.00
26.00
24.00
22.00
SI % Change
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
(2.00)
(4.00)
16
17
6
17
17
17
17
7
7
1
-1
r-1
l-1
-1
-1
-1
c-
c-
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No
Au
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Date
PEUE MSCI European Monetary Union Net TR


for 9 months period ended 31 December
PRUlink strategic managed fund

Category 2017 (%)
Investment in-
Eastspring Investments Equity Income Fund 23.02
Eastspring Investments Bond Fund 75.37
Cash at Bank 1.19
Other Assets 4.72
Total Liabilities (4.30)
Total 100.00
Total Net Asset Value (RM) 64,357,249

Units in Circulation 124,499,974
NAV Per Unit (RM) 0.517
Highest NAV per unit (RM) 0.517
Lowest NAV per unit (RM) 0.500
Total Return (+)
-Capital Growth 3.39%

-Income Distribution -

Period
Since inception 3.39%
Three years n/a
Five years n/a

80% Quant Shop Malaysian Government Securities (MGS) Medium Index + 20% FTSE Bursa Malaysia Top 100 Index (FMB100)
Period
Since inception 5.83%
Three years n/a
Five years n/a
PRUlink strategic managed fund Performance

(Since Inception)
PRUlink strategic managed fund Vs. 80% Quant Shop Malaysian Government Securities (MGS) Medium Index +
20% FTSE Bursa Malaysia Top 100 Index (FMB100)
5.00 5.00
4.00 4.00
3.00 3.00
SI % Change
2.00 2.00
1.00 1.00
0.00 0.00
7
17
17
17
17
r-1
-1
l-1
-1
-1
n-
g-
v-
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ay
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PSMF 80% Quant Shop Malaysian Government Securities (MGS) Medium Index + 20% FTSE Bursa Malaysia Top 100 Index (FMB100)

PRUlink funds D E TA I L S O F I N V E S T M E N T 0 8 6
DE TA ILS O F IN VES TM EN T
As a t 3 1 De ce mb e r 201 7
PRUlink equity fund
Sector Equities Quantity Cost (RM) Market Value (RM) % of NAV

Automotive Bermaz Auto Berhad 9,359,720 22,059,952 20,669,631 0.21%
Automotive Total 9,359,720 22,059,952 20,669,631 0.21%
Banking & Finance Ammb Holdings Bhd 27,586,900 147,005,479 122,120,530 1.22%
Bursa Malaysia Bhd 4,859,100 39,982,903 49,360,954 0.50%
Cimb Group Holdings Berhad 99,886,531 551,930,099 655,740,293 6.58%
Hong Leong Bank Bhd 10,608,880 107,332,244 181,036,294 1.82%
Hong Leong Financial Group Bhd 5,484,850 84,253,056 98,441,781 0.99%
Malayan Banking Berhad 77,824,192 605,582,045 765,575,255 7.68%
Public Bank Bhd 38,924,105 462,101,753 811,916,505 8.14%
Syarikat Takaful Malaysia Bhd 2,871,400 11,451,868 10,837,491 0.11%
Rhb Bank Bhd 16,066,107 82,840,869 80,635,791 0.81%
Alliance Bank Malaysia Berhad 15,252,100 61,487,879 62,465,037 0.63%
Banking & Finance Total 299,364,165 2,153,968,196 2,838,129,929 28.47%
Conglomerates Cahya Mata Sarawak Bhd 6,590,100 25,171,434 25,799,055 0.26%
Ijm Corporation Bhd 56,697,800 179,368,977 173,585,418 1.74%
Ppb Group Bhd 4,325,600 52,937,790 74,856,723 0.75%
Sime Darby Berhad 46,911,527 81,675,827 104,068,438 1.04%
Mmc Corporation Bhd 23,551,100 59,240,018 48,463,218 0.49%
Ytl Corporation Berhad 15,193,200 18,752,313 20,893,780 0.21%
Drb-Hicom Bhd 17,667,600 28,485,986 32,454,568 0.33%
Malaysian Resources Corporation Bhd 45,249,200 52,821,989 50,871,685 0.51%
Malaysian Resources Corporation Bhd - Wb 4,524,921 - 1,748,715 0.02%
Conglomerates Total 220,711,048 498,454,334 532,741,599 5.34%
DE TA ILS O F IN VES TM EN T (CONT’D)

PRUlink equity fund

Construction Gamuda Bhd 46,569,863 212,916,026 231,864,269 2.33%
Lingkaran Trans Kota Holdings Bhd 12,235,000 25,273,996 68,162,286 0.68%
Wct Holdings Berhad 16,824,605 30,655,610 27,359,432 0.27%
Construction Total 75,629,468 268,845,632 327,385,988 3.28%
Consumer Products British American Tobacco (M) Bhd 1,746,000 95,011,856 70,105,392 0.70%
Carlsberg Brewery Malaysia Bhd 2,861,500 36,206,322 43,947,318 0.44%
Nestle (M) Bhd 388,800 28,029,802 40,276,632 0.40%
Ql Resources Bhd 5,103,049 7,373,732 22,282,617 0.22%
Consumer Products Total 10,099,349 166,621,712 176,611,958 1.77%
Gaming Berjaya Sports Toto Bhd 15,450,000 45,757,017 34,739,510 0.35%
Genting Bhd 39,822,300 286,232,904 367,757,348 3.69%
Genting Malaysia Bhd 40,695,000 161,997,304 229,983,479 2.31%
Gaming Total 95,967,300 493,987,225 632,480,337 6.34%
Healthcare Hartalega Holdings Bhd 6,816,900 25,726,203 73,081,149 0.73%
Ihh Healthcare Bhd 25,423,200 117,795,202 149,546,076 1.50%
Kossan Rubber Industries Bhd 6,626,200 29,410,973 53,942,688 0.54%
Kpj Healthcare Bhd 32,158,000 30,074,384 31,311,794 0.31%
Top Glove Corporation Bhd 16,129,700 60,334,981 129,366,033 1.30%
Healthcare Total 87,154,000 263,341,743 437,247,740 4.39%
Manufacturing Padini Holdings Bhd 4,573,400 23,485,950 24,239,313 0.24%
Scientex Incorporated Bhd 2,549,360 19,756,971 22,161,352 0.22%
Manufacturing Total 7,122,760 43,242,922 46,400,665 0.47%
Media Astro Malaysia Holdings Bhd 4,194,300 14,122,898 11,157,132 0.11%
Media Total 4,194,300 14,122,898 11,157,132 0.11%

PRUlink equity fund

Oil and Gas Dialog Group Bhd 84,068,570 117,513,294 211,813,957 2.12%
Petronas Chemicals Group Bhd 32,040,300 207,908,282 247,647,809 2.48%
Petronas Dagangan Bhd 2,539,100 61,863,515 61,832,641 0.62%
Petronas Gas Bhd 6,901,700 114,665,191 121,100,155 1.21%
Serba Dinamik Holdings Berhad 8,685,100 19,612,852 28,246,655 0.28%
Lotte Chemical Titan Holding Berhad 21,127,100 138,781,807 99,674,700 1.00%
Sapura Energy Berhad 40,331,750 102,698,796 28,744,358 0.29%
Oil and Gas Total 195,693,620 763,043,737 799,060,273 8.02%
Plantation / Natural Resources Genting Plantations Bhd 7,776,700 60,016,648 81,965,640 0.82%
Ioi Corporation Bhd 45,620,101 211,341,948 207,902,297 2.09%
Tsh Resources Bhd 7,581,150 16,612,340 12,556,431 0.13%
Kuala Lumpur Kepong Berhad 8,271,050 144,310,461 207,562,000 2.08%
Sime Darby Plantation Berhad 44,399,527 231,412,509 267,409,471 2.68%
Plantation / Natural Resources Total 113,648,528 663,693,905 777,395,839 7.80%
Power / Utilities Tenaga Nasional Bhd 58,517,550 553,282,474 896,371,129 8.99%
Malakoff Corporation Berhad 24,280,400 43,847,082 23,885,212 0.24%
Power / Utilities Total 82,797,950 597,129,556 920,256,341 9.23%

PRUlink equity fund

Property Axis Real Estate Investment Trust 4,712,556 6,340,275 7,095,696 0.07%
Eastern & Oriental Bhd 5,320,800 11,775,484 7,637,657 0.08%
Igb Real Estate Investment Trust 31,736,492 35,893,108 57,342,763 0.58%
Ioi Properties Group Bhd 22,624,128 28,576,942 42,013,684 0.42%
Klcc Prop&Reits-Stapled Sec 5,061,700 24,244,600 43,899,274 0.44%
Mah Sing Group Bhd 28,681,645 48,875,358 41,746,421 0.42%
Pavilion Real Estate Investment Trust 8,038,900 7,608,016 12,991,811 0.13%
Sunway Bhd 36,569,680 45,755,479 59,835,091 0.60%
Sunway Real Estate Investment Trust 33,752,800 35,738,265 64,374,015 0.65%
Sp Setia Bhd - Pa 2,794,066 2,794,066 3,085,152 0.03%
Capitaland Malaysia Mall Trust 23,310,300 25,361,634 42,819,949 0.43%
Lbs Bina Group Bhd 3,000,000 6,769,148 7,076,790 0.07%
Sunway Berhad - Wb 4,701,816 - 2,690,219 0.03%
Sime Darby Property Berhad 41,445,727 58,065,412 74,053,733 0.74%
Property Total 251,750,610 337,797,786 466,662,255 4.68%
Technology Inari Amertron Berhad 35,048,700 78,534,643 119,618,409 1.20%
My E.G. Services Berhad 35,721,400 52,688,230 79,961,425 0.80%
Unisem (M) Bhd 7,207,200 27,232,906 26,406,244 0.26%
Technology Total 77,977,300 158,455,779 225,986,078 2.27%

PRUlink equity fund

Telecommunication Axiata Group Berhad 53,828,189 274,948,347 296,639,721 2.98%
Digi.Com Bhd 41,452,800 153,618,684 212,212,635 2.13%
Maxis Bhd 25,355,300 140,686,509 152,964,417 1.53%
Telekom Malaysia Bhd 44,521,737 210,358,651 281,552,793 2.82%
Time Dot Com Bhd 6,855,000 43,461,859 62,617,546 0.63%
Telecommunication Total 172,013,026 823,074,050 1,005,987,113 10.09%
Transportation Malaysia Airports Holdings Bhd 10,769,000 87,797,920 95,019,216 0.95%
Misc Bhd 13,386,600 92,886,582 99,706,021 1.00%
Westports Holdings Berhad 3,889,300 12,332,518 14,445,094 0.14%
Airasia Bhd 32,795,100 95,258,447 110,281,067 1.11%
Pos Malaysia Bhd 4,308,800 23,082,308 22,707,161 0.23%
Transportation Total 65,148,800 311,357,774 342,158,557 3.43%
Grand Total 1,768,631,944 7,579,197,200 9,560,331,436 95.90%
PRUlink bond fund
Sector Fixed Income Securities Quantity Cost (RM) Market Value (RM) % of NAV
Corporate Bonds Ambank Malaysia Bhd 5.20% 29/12/2023 14,174,000 14,217,099 14,276,195 0.92%
Amislamic Bank Bhd 5.050% 25/03/2024 7,135,000 7,144,361 7,180,878 0.46%
Ammb Holdings Berhad 4.50% 08/08/2019 14,271,000 14,271,000 14,255,445 0.91%
Bgsm Management Sdn Bhd 5.250% 24/12/2020 8,962,000 9,039,073 9,166,154 0.59%
Bumitama Agri Ltd 5.250% 18/03/2019 28,542,000 28,579,390 28,812,578 1.85%
Cagamas Bhd 5.280% 17/07/2019 1,713,000 1,713,000 1,750,292 0.11%
Cagamas Bhd 5.80% 08/08/2018 5,423,000 5,423,000 5,495,668 0.35%
Cimb Bank Bhd 4.770% 16/10/2023 17,790,000 17,790,000 17,871,834 1.15%
Cimb Bank Bhd 4.80% 13/09/2023 42,813,000 42,851,532 43,006,087 2.76%
Encorp Systembilt Sdn Bhd 4.470% 16/11/2018 8,563,000 8,515,047 8,598,023 0.55%
F&N Capital Sdn Bhd 4.240% 05/10/2018 8,528,000 8,543,350 8,548,041 0.55%
Gamuda Berhad 4.170% 21/03/2018 2,569,000 2,576,964 2,569,206 0.16%
Gamuda Berhad 4.2150% 26/10/2018 7,392,000 7,397,174 7,390,596 0.47%
Genting Capital Bhd 4.860% 08/06/2027 31,396,000 31,758,481 31,308,091 2.01%
Hong Leong Assurance Berhad 4.50% 07/02/2025 17,125,000 17,125,000 17,061,466 1.09%
Hong Leong Bank Bhd 4.50% 21/06/2024 23,404,000 23,558,581 23,472,340 1.51%
Hong Leong Financial Group 4.50% 30/11/2018 5,708,000 5,708,000 5,720,615 0.37%
Hsbc Bank Malaysia Berhad 5.050% 02/11/2027 2,854,000 2,635,954 2,905,429 0.19%

PRUlink bond fund
Corporate Bonds Jimah Energy Ventures Sdn Bhd 9.350% 12/05/2020 2,854,000 3,401,968 3,177,729 0.20%
Jimah Energy Ventures Sdn Bhd 9.40% 12/05/2020 2,283,000 2,720,879 2,544,495 0.16%
Kimanis Power Sdn Bhd 5.10% 08/08/2024 1,484,000 1,499,938 1,524,899 0.10%
Konsortium Lebuhraya Utara-Timur (Kl) Sdn Bhd 4.750% 01/12/2028 5,708,000 5,358,100 5,663,192 0.36%
Lingkaran Trans Kota Sdn Bhd 5.450% 13/04/2018 2,711,000 2,763,295 2,722,874 0.17%
Malakoff Power Bhd 4.90% 17/12/2018 14,579,000 14,623,054 14,682,219 0.94%
Malayan Banking Bhd 4.120% 28/12/2023 14,271,000 14,271,000 14,250,735 0.91%
Malaysia Airports Capital Bhd 4.550% 28/08/2020 1,713,000 1,713,000 1,726,824 0.11%
Malaysia Airports Holdings Berhad 4.150% 06/09/2018 10,275,000 10,275,000 10,291,132 0.66%

PRUlink bond fund
Corporate Bonds Manjung Island Energy Berhad 4.50% 25/11/2026 2,854,000 2,854,000 2,849,748 0.18%
Manjung Island Energy Berhad 4.580% 25/11/2027 2,854,000 2,854,000 2,855,684 0.18%
Maybank Islamic Bhd 4.750% 05/04/2024 9,476,000 9,480,795 9,524,517 0.61%
Mukah Power Generation Sdn Bhd 8.20% 27/12/2019 2,683,000 2,967,130 2,874,700 0.18%
Projek Lebuhraya Usahasama Berhad 4.720% 12/01/2026 17,125,000 17,299,675 17,331,356 1.11%
Public Bank Bhd 4.730% 15/11/2023 34,338,000 34,605,946 34,442,388 2.21%
Public Bank Bhd 4.80% 25/09/2023 30,140,000 30,144,053 30,247,298 1.94%
Public Islamic Bank Bhd 4.750% 07/06/2024 17,239,000 17,239,000 17,340,538 1.11%
Rhb Bank Berhad 4.990% 08/07/2024 17,125,000 17,136,988 17,229,291 1.11%
Rhb Bank Berhad 80% 31/03/2039 5,708,000 5,708,000 5,939,402 0.38%
Rhb Islamic Bank Berhad 4.950% 15/05/2024 11,759,000 11,787,770 11,832,376 0.76%
Sarawak Energy Bhd 4.50% 19/01/2022 3,596,000 3,596,000 3,615,742 0.23%
Sarawak Energy Bhd 50% 04/07/2024 5,537,000 5,638,327 5,688,437 0.36%
Tanjung B Energy Issue 5.130% 15/09/2021 2,769,000 2,784,506 2,836,204 0.18%
Tanjung B Power Sdn Bhd 4.660% 14/08/2020 8,563,000 8,784,211 8,638,697 0.55%
Teknologi Tenaga Perlis Consor 4.550% 31/07/2020 2,283,000 2,305,373 2,296,698 0.15%

PRUlink bond fund
Corporate Bonds Telekom Malaysia Berhad 3.950% 28/04/2023 5,423,000 5,431,894 5,329,019 0.34%
Telekom Malaysia Berhad 4.20% 13/09/2021 6,279,000 6,355,792 6,294,007 0.40%
Tnb Northern Energy Bhd 3.990% 29/11/2022 2,569,000 2,569,000 2,525,892 0.16%
Ytl Power International Berhad 4.350% 24/08/2018 19,979,000 20,080,037 20,015,362 1.28%
Rhb Bank Berhad 4.750% 08/05/2025 22,834,000 22,834,000 22,855,236 1.47%
Alliance Bank Malaysia Berhad 5.750% 27/10/2025 51,244,000 51,611,048 52,588,130 3.37%
Cagamas Mbs Bhd 5.920% 12/12/2025 2,740,000 2,951,802 2,991,477 0.19%
Cimb Group Holdings Bhd 5.150% 23/12/2025 10,675,000 10,675,000 10,856,048 0.70%
Rhb Investment Bank Berhad 4.950% 16/04/2025 10,960,000 10,975,983 11,015,348 0.71%
Genm Capital Bhd 4.90% 22/08/2025 25,574,000 25,574,000 25,726,165 1.65%
Jimah East Power Sdn Bhd 5.450% 04/12/2025 2,854,000 2,854,000 3,002,551 0.19%
Jimah East Power Sdn Bhd 4.980% 04/06/2021 571,000 571,000 582,226 0.04%
Benih Restu Bhd 4.620% 05/06/2025 11,360,000 11,360,000 11,425,547 0.73%
Krung Thai Bank 5.10% 04/07/2025 52,374,000 52,420,101 53,267,500 3.42%
Gulf Investment Corp 5.10% 16/03/2021 10,846,000 10,811,418 10,881,033 0.70%

PRUlink bond fund
Corporate Bonds Perbadanan Kemajuan Negeri Selangor 4.450% 26/10/2018 5,708,000 5,708,000 5,713,251 0.37%
Cimb Bank Bhd 4.770% 07/08/2026 17,068,000 17,068,000 17,138,320 1.10%
Ekve Sdn Bhd 5.450% 28/01/2028 2,854,000 2,891,673 3,040,994 0.20%
Ekve Sdn Bhd 5.350% 29/01/2027 2,266,000 2,294,098 2,393,032 0.15%
Mex Ii Sdn Bhd 5.80% 28/04/2028 5,708,000 5,796,474 6,050,423 0.39%
Mex Ii Sdn Bhd 5.70% 29/04/2027 5,708,000 5,786,770 6,012,351 0.39%
Mex Ii Sdn Bhd 5.60% 29/04/2026 2,854,000 2,888,819 2,988,966 0.19%
Mex Ii Sdn Bhd 5.50% 29/04/2025 2,854,000 2,884,252 2,969,844 0.19%
Mex Ii Sdn Bhd 5.40% 29/04/2024 2,854,000 2,881,684 2,949,523 0.19%
Mex Ii Sdn Bhd 5.30% 28/04/2023 2,854,000 2,878,830 2,927,890 0.19%
Mex Ii Sdn Bhd 5.20% 29/04/2022 2,854,000 2,875,976 2,911,594 0.19%
Mex Ii Sdn Bhd 5.10% 29/04/2021 1,713,000 1,724,135 1,739,740 0.11%
Lebuhraya Duke Fasa 3 Sdn Bhd 6.230% 21/08/2037 5,708,000 5,842,709 6,305,342 0.40%
Affin Bank Bhd 5.030% 20/09/2027 22,691,000 22,691,000 22,940,601 1.47%
Affin Bank Bhd 5.450% 05/02/2027 28,285,000 28,285,000 29,039,078 1.86%

PRUlink bond fund
Corporate Bonds Public Islamic Bank Bhd 4.650% 03/08/2027 8,563,000 8,563,000 8,600,249 0.55%
Public Bank Bhd 4.850% 23/04/2027 14,214,000 14,214,000 14,356,140 0.92%
Ambank Malaysia Bhd 4.90% 15/10/2027 34,850,000 34,850,000 34,937,474 2.24%
Southern Power Generation Sdn Bhd 5.130% 31/10/2029 5,000,000 5,000,000 5,030,950 0.32%
Northern Gateway Infrastructure Sdn Bhd 5.250% 29/08/2030 2,854,000 2,872,722 2,940,933 0.19%
Corporate Bonds Total 1,442,221,000 1,457,523,894 1,469,903,556 94.29%
Government Malaysia Investment Issue 3.6990% 15/11/2022 1,713,000 1,714,811 1,701,746 0.11%
Malaysia Investment Issue 4.4920% 30/04/2020 1,713,000 1,708,317 1,752,296 0.11%
Government Total 36,535,000 36,322,079 36,290,224 2.33%
Quasi Government Bank Pembangunan Malaysia Bhd 7.50% 30/10/2025 456,889 481,424 512,122 0.03%
Johor Corporation 3.840% 14/06/2022 7,421,000 7,421,000 7,343,747 0.47%
Quasi Government Total 7,877,889 7,902,424 7,855,869 0.50%
Grand Total 1,486,633,889 1,501,748,397 1,514,049,649 97.12%
Investments Quantity Cost (RM) Market Value (RM) % of NAV
Investment in PRUlink equity fund 332,389,258 1,135,486,151 1,474,362,411 73.58%

Investment in PRUlink bond fund 165,169,921 425,546,071 529,808,949 26.44%
Total Value of Investments 497,559,179 1,561,032,222 2,004,171,360 100.02%
Investment in PRUlink equity fund 244,848,757 959,962,392 1,086,063,389 83.22%

Total Value of Investments 313,135,111 1,152,647,923 1,305,102,797 100.00%
Investment in PRUlink equity income fund 770,750,837 407,113,493 457,910,780 99.75%
Total Value of Investments 770,750,837 407,113,493 457,910,780 99.75%

Corporate Bonds Ambank Malaysia Bhd 5.20% 29/12/2023 10,656,000 10,754,248 10,732,830 0.90%
Cagamas Bhd 5.280% 17/07/2019 1,287,000 1,319,793 1,315,018 0.11%
Cagamas Bhd 5.80% 08/08/2018 4,077,000 4,150,508 4,131,632 0.35%
Cimb Bank Bhd 4.770% 16/10/2023 13,375,000 13,452,575 13,436,525 1.13%
Cimb Bank Bhd 4.80% 13/09/2023 32,187,000 32,374,006 32,332,163 2.72%
Gamuda Berhad 4.170% 21/03/2018 1,931,000 1,932,873 1,931,154 0.16%
Gamuda Berhad 4.2150% 26/10/2018 5,558,000 5,565,281 5,556,944 0.47%

Corporate Bonds Konsortium Lebuhraya Utara-Timur (Kl) Sdn Bhd 4.750% 01/12/2028 4,292,000 4,284,403 4,258,308 0.36%
Public Bank Bhd 4.730% 15/11/2023 25,816,000 25,946,371 25,894,481 2.18%
Public Bank Bhd 4.80% 25/09/2023 22,660,000 22,790,522 22,740,670 1.91%

Corporate Bonds Rhb Bank Berhad 4.990% 08/07/2024 12,875,000 12,991,004 12,953,409 1.09%
Rhb Bank Berhad 80% 31/03/2039 4,292,000 4,505,098 4,465,998 0.38%
Rhb Bank Berhad 4.750% 08/05/2025 17,166,000 17,230,201 17,181,964 1.45%
Cagamas Mbs Bhd 5.920% 12/12/2025 2,060,000 2,259,284 2,249,067 0.19%

Corporate Bonds Ytl Power International Berhad 4.950% 11/10/2024 4,240,000 4,319,330 4,316,066 0.36%
Genm Capital Bhd 4.90% 22/08/2025 19,226,000 19,552,457 19,340,395 1.63%
Benih Restu Bhd 4.620% 05/06/2025 8,540,000 8,592,606 8,589,276 0.72%
Krung Thai Bank 5.10% 04/07/2025 39,376,000 40,128,475 40,047,755 3.37%
Perbadanan Kemajuan Negeri Selangor 4.450% 26/10/2018 4,292,000 4,303,545 4,295,949 0.36%
Cimb Bank Bhd 4.770% 07/08/2026 12,832,000 12,855,226 12,884,868 1.08%
Ekve Sdn Bhd 5.450% 28/01/2028 2,146,000 2,314,440 2,286,606 0.19%
Ekve Sdn Bhd 5.350% 29/01/2027 1,704,000 1,823,825 1,799,526 0.15%
Mex Ii Sdn Bhd 5.80% 28/04/2028 4,292,000 4,563,126 4,549,477 0.38%
Mex Ii Sdn Bhd 5.70% 29/04/2027 4,292,000 4,530,893 4,520,849 0.38%
Mex Ii Sdn Bhd 5.60% 29/04/2026 2,146,000 2,251,090 2,247,484 0.19%
Mex Ii Sdn Bhd 5.50% 29/04/2025 2,146,000 2,235,596 2,233,106 0.19%
Mex Ii Sdn Bhd 5.40% 29/04/2024 2,146,000 2,220,252 2,217,827 0.19%
Mex Ii Sdn Bhd 5.30% 28/04/2023 2,146,000 2,204,500 2,201,560 0.19%
Mex Ii Sdn Bhd 5.20% 29/04/2022 2,146,000 2,191,452 2,189,306 0.18%
Mex Ii Sdn Bhd 5.10% 29/04/2021 1,287,000 1,308,030 1,307,090 0.11%

Corporate Bonds Lebuhraya Duke Fasa 3 Sdn Bhd 6.230% 21/08/2037 4,292,000 4,779,485 4,741,158 0.40%
Affin Bank Bhd 5.030% 20/09/2027 17,059,000 17,208,607 17,246,649 1.45%
Affin Bank Bhd 5.450% 05/02/2027 21,265,000 21,811,085 21,831,925 1.84%
Public Bank Bhd 4.850% 23/04/2027 10,686,000 10,834,001 10,792,860 0.91%
Corporate Bonds Total 1,061,591,000 1,084,560,046 1,082,438,887 91.09%

Government Malaysia Investment Issue 3.6990% 15/11/2022 1,287,000 1,281,041 1,278,544 0.11%
Quasi Government Bank Pembangunan Malaysia Bhd 7.50% 30/10/2025 343,111 382,288 384,590 0.03%
Collective Investment Scheme Eastspring Investments-Asian High Yield Bond Fund Class D 346,114 23,982,196 22,897,433 1.93%
Collective Investment Scheme Total 346,114 23,982,196 22,897,433 1.93%
Grand Total 1,095,324,225 1,141,879,419 1,138,522,799 95.80%
Investment in PRUlink golden equity fund 50,556,541 80,651,984 89,415,816 23.57%

Investment in PRUlink golden bond fund 201,148,946 270,790,838 289,964,251 76.43%
Investment in PRUlink equity fund 825,465 3,279,719 3,661,472 100.00%
Total Value of Investments 825,465 3,279,719 3,661,472 100.00%

PRUlink dana unggul

Banking & Finance Bimb Holdings Bhd 4,234,925 16,225,106 18,704,478 1.97%
Banking & Finance Total 9,950,825 25,022,672 40,277,931 4.23%
Conglomerates Ijm Corporation Bhd 10,690,080 34,674,552 32,728,642 3.44%
Malaysian Resources Corporation Bhd - Wb 1 - - 0.00%
Taliworks Corporation Bhd 976,300 1,477,805 1,078,011 0.11%
Lingkaran Trans Kota Holdings Bhd 500,000 1,167,802 2,785,545 0.29%
Muhibbah Engineering (M) Bhd 1,700,000 4,571,490 4,846,346 0.51%
Econpile Holdings Berhad 5,000,000 3,876,959 6,072,990 0.64%
Kerjaya Prospek Group Berhad 353,200 1,308,182 1,439,441 0.15%
Gabungan Aqrs Berhad 2,563,800 4,860,928 4,966,937 0.52%
Econpile Holdings Berhad - Wa 1,000,000 - - 0.00%
Consumer Products Nestle (M) Bhd 109,300 4,230,986 11,322,623 1.19%
Ql Resources Bhd 4,511,109 8,344,094 19,697,893 2.07%
Tiong Nam Logistics Holdings Bhd 3,176,790 5,556,976 4,273,075 0.45%

PRUlink dana unggul

Healthcare Hartalega Holdings Bhd 1,760,000 7,684,433 18,868,228 1.98%
Kossan Rubber Industries Bhd 991,900 5,116,569 8,074,877 0.85%
Manufacturing Pestech International Berhad 4,907,800 8,187,001 8,621,287 0.91%
Press Metal Aluminium Holdings Berhad 2,629,100 7,289,573 14,224,698 1.50%
Padini Holdings Bhd 2,300,700 10,887,150 12,193,857 1.28%
Petronas Gas Bhd 1,441,700 27,609,059 25,296,679 2.66%
Oil and Gas Total 41,430,052 152,420,532 174,838,029 18.38%
Plantation / Natural Resources Genting Plantations Bhd 1,460,000 14,366,542 15,388,254 1.62%
Kuala Lumpur Kepong Berhad 600,000 12,628,276 15,057,000 1.58%

PRUlink dana unggul

Property Axis Real Estate Investment Trust 704,084 1,313,692 1,060,139 0.11%
Matrix Concepts Holdings Bhd 9,108,791 17,717,636 20,024,056 2.10%
Sp Setia Bhd 1,900,076 6,303,631 7,629,185 0.80%
Sunway Bhd 7,624,866 10,942,515 12,475,760 1.31%
Sp Setia Bhd - Pa 751,476 751,476 829,765 0.09%
Uem Sunrise Berhad 2,491,100 3,157,843 2,600,589 0.27%
Sp Setia Bhd - Pb 670,615 590,141 592,384 0.06%
Property Total 35,288,951 61,449,304 64,853,111 6.82%
Services Scicom (Msc) Berhad 882,000 2,029,539 1,487,391 0.16%
Services Total 882,000 2,029,539 1,487,391 0.16%
Datasonic Group Berhad 7,300,000 9,135,827 8,500,178 0.89%
Telecommunication Axiata Group Berhad 3,950,192 20,461,691 21,768,963 2.29%
Maxis Bhd 3,700,000 22,730,453 22,321,501 2.35%
Time Dot Com Bhd 1,220,000 8,320,351 11,144,188 1.17%
Telecommunication Total 12,468,816 71,214,001 77,992,133 8.20%
Transportation Misc Bhd 2,383,800 17,043,481 17,755,010 1.87%
Xin Hwa Holdings Berhad 5,000,000 6,048,497 6,072,990 0.64%
Pos Malaysia Bhd 2,805,100 14,780,412 14,782,737 1.55%
Grand Total 246,699,318 757,904,239 922,639,959 96.99%
PRUlink dana aman
Corporate Bonds Amislamic Bank Bhd 5.050% 25/03/2024 2,380,000 2,383,200 2,395,303 2.24%
Cagamas Bhd 5.280% 17/07/2019 2,000,000 2,000,000 2,043,540 1.91%
Gamuda Berhad 4.2150% 26/10/2018 2,000,000 2,001,400 1,999,620 1.87%
Kimanis Power Sdn Bhd 5.10% 08/08/2024 400,000 404,296 411,024 0.38%
Konsortium Lebuhraya Utara-Timur (Kl) Sdn Bhd 4.750% 02/12/2027 1,000,000 949,000 996,990 0.93%
Lingkaran Trans Kota Sdn Bhd 5.60% 15/04/2019 250,000 255,148 254,563 0.24%
Mukah Power Generation Sdn Bhd 8.20% 27/12/2019 300,000 331,770 321,435 0.30%

PRUlink dana aman
Corporate Bonds Sarawak Energy Bhd 5.150% 23/06/2021 1,000,000 1,031,500 1,026,970 0.96%
Sarawak Energy Bhd 50% 04/07/2024 200,000 203,660 205,470 0.19%
Tanjung B Energy Issue 5.130% 15/09/2021 150,000 150,840 153,641 0.14%
Telekom Malaysia Berhad 3.950% 28/04/2023 500,000 500,820 491,335 0.46%
Tnb Northern Energy Bhd 3.990% 29/11/2022 500,000 500,000 491,610 0.46%
Amislamic Bank Bhd 5.350% 19/12/2025 350,000 350,000 356,188 0.33%
Gulf Investment Corp 5.10% 16/03/2021 800,000 803,504 802,584 0.75%
Sarawak Energy Bhd 5.040% 25/04/2031 1,000,000 1,005,240 997,240 0.93%
Ekve Sdn Bhd 5.350% 29/01/2027 700,000 708,680 739,242 0.69%
Mex Ii Sdn Bhd 5.10% 29/04/2021 1,970,000 1,982,805 2,000,752 1.87%
Corporate Bonds Total 91,905,000 93,106,821 93,895,409 87.83%
Government Malaysia Investment Issue 3.6990% 15/11/2022 1,000,000 1,001,057 993,430 0.93%
Quasi Government Danainfra Nasional Bhd 4.380% 08/02/2033 4,000,000 4,000,000 3,822,520 3.58%
Johor Corporation 3.840% 14/06/2022 1,000,000 1,000,000 989,590 0.93%
Prasarana Malaysia Bhd 4.850% 27/09/2024 500,000 500,000 516,635 0.48%
Grand Total 100,405,000 101,588,678 102,201,104 95.59%
PRUlink dana urus
Investment in PRUlink dana unggul 28,434,963 81,505,281 108,990,644 73.01%

Investment in PRUlink dana aman 16,762,085 32,681,058 40,331,086 27.02%
Investment in PRUlink dana unggul 26,517,375 90,926,864 101,640,569 82.84%

Investment in PRUlink dana aman 8,749,841 18,873,785 21,052,906 17.16%
Investment in Asian equity fund 905,939 100,604,890 186,089,734 79.10%

Investment in Asian bond fund 612,370 37,376,207 57,076,598 24.26%

Investment in Asian property securities fund 547,731 16,623,163 37,540,227 104.36%
Investment in Asian local bond fund 441,777 26,876,511 31,343,167 101.10%
Investment in global market navigator fund 1,055,295 54,241,834 67,206,358 101.95%

Investment in dragon peacock fund 718,118 83,956,435 125,554,536 100.53%
Investment in Asian equity fund 268,999 37,305,710 55,255,421 100.54%
Investments Financial Institution - Product Name Quantity Cost (RM) Market Value (RM) % of NAV
Structured Product CIMB - Prudential Global Optimal 2021 Floating 3,257,145 3,059,759 3,315,190 100.61%
Rate Negotiable Instrument of Deposits (FRNID)

Structured Product CIMB - Prudential Global Optimal 2026 Floating 3,459,915 3,130,876 3,710,131 101.24%
Structured Product CIMB - Prudential Global Optimal 2031 Floating 157,584 134,499 179,540 101.54%
Total Value of Investments 157,584 134,499 179,540 101.54%
Structured Product CIMB - Prudential Global Optimal 2036 Floating 103,162 87,372 125,315 101.89%
Total Value of Investments 103,162 87,372 125,315 101.89%

Deposits Financial Institution Value (RM) % of NAV

Money Market Deposit Public Bank Berhad 1,000,000 29.80%
Hong Leong Bank Berhad 500,000 14.90%
RHB Bank Berhad 1,000,000 29.80%
Malayan Banking Berhad 1,000,000 29.80%
Money Market Deposits Total 3,500,000 104.31%

Banking & Finance Ammb Holdings Bhd 40,000 177,904 177,070 2.73%
Bimb Holdings Bhd 14,240 53,392 62,894 0.97%
Cimb Group Holdings Berhad 73,197 398,685 480,527 7.40%
Malayan Banking Berhad 40,184 360,299 395,300 6.09%
Public Bank Bhd 13,350 256,997 278,467 4.29%
Banking & Finance Total 180,971 1,247,276 1,394,259 21.46%
Conglomerates Ijm Corporation Bhd 30,000 99,145 91,848 1.41%
Sime Darby Berhad 32,794 56,043 72,750 1.12%
Mmc Corporation Bhd 63,000 148,612 129,641 2.00%
Malaysian Resources Corporation Bhd 200,000 211,768 224,851 3.46%
Conglomerates Total 325,795 515,569 519,090 7.99%
Construction Gamuda Bhd 20,000 100,451 99,577 1.53%
Wct Holdings Berhad 58,078 109,484 94,444 1.45%
Muhibbah Engineering (M) Bhd 30,000 77,208 85,524 1.32%
Econpile Holdings Berhad 150,000 64,238 182,190 2.80%
Kerjaya Prospek Group Berhad 64,000 206,236 260,827 4.02%
Gabungan Aqrs Berhad 33,000 59,023 63,932 0.98%
Econpile Holdings Berhad - Wa 30,000 - - 0.00%
Construction Total 385,078 616,639 786,494 12.11%
Consumer Products Ql Resources Bhd 8,515 21,003 37,181 0.57%
Tiong Nam Logistics Holdings Bhd 73,000 122,188 98,192 1.51%
Consumer Products Total 81,515 143,190 135,373 2.08%
Gaming Genting Bhd 18,800 166,641 173,617 2.67%
Genting Malaysia Bhd 27,000 149,090 152,588 2.35%
Gaming Total 45,800 315,730 326,205 5.02%
Healthcare Karex Berhad 75,000 119,023 97,871 1.51%
Healthcare Total 75,000 119,023 97,871 1.51%


Manufacturing Skp Resources Bhd 30,000 39,239 68,660 1.06%
Pestech International Berhad 100,000 157,191 175,665 2.70%
Rohas Tecnic Berhad 200,000 229,788 301,140 4.64%
Padini Holdings Bhd 15,000 60,540 79,501 1.22%
Manufacturing Total 345,000 486,758 624,966 9.62%
Oil and Gas Dialog Group Bhd 138,862 264,843 349,868 5.39%
Petronas Chemicals Group Bhd 23,000 161,719 177,773 2.74%
Serba Dinamik Holdings Berhad 50,000 132,874 162,616 2.50%
Oil and Gas Total 211,862 559,436 690,257 10.63%
Plantation / Natural Resources Sime Darby Plantation Berhad 32,794 169,213 197,512 3.04%
Plantation / Natural Resources Total 32,794 169,213 197,512 3.04%
Power / Utilities Tenaga Nasional Bhd 37,000 487,251 566,766 8.73%
Power / Utilities Total 37,000 487,251 566,766 8.73%
Property Matrix Concepts Holdings Bhd 18,978 37,446 41,720 0.64%
Sunway Bhd 28,178 39,031 46,105 0.71%
Sime Darby Property Berhad 32,794 45,484 58,595 0.90%
Property Total 79,950 121,961 146,420 2.25%
Technology Inari Amertron Berhad 48,750 72,734 166,380 2.56%
Technology Total 48,750 72,734 166,380 2.56%
Transport / Logistic related Ml Global Bhd 22,200 24,230 39,443 0.61%
Transport / Logistic related Total 22,200 24,230 39,443 0.61%
Transportation Malaysia Airports Holdings Bhd 13,000 83,529 114,704 1.77%
Airasia Bhd 72,000 221,496 242,117 3.73%
Pos Malaysia Bhd 33,000 171,891 173,908 2.68%
Transportation Total 118,000 476,917 530,729 8.17%
Grand Total 1,989,715 5,355,929 6,221,762 95.78%


Corporate Bonds Ambank Malaysia Bhd 5.20% 29/12/2023 170,000 170,000 171,226 1.89%
Bgsm Management Sdn Bhd 5.250% 24/12/2020 390,000 396,714 398,884 4.41%
Bumitama Agri Ltd 5.250% 18/03/2019 100,000 100,000 100,948 1.12%
Cimb Bank Bhd 4.770% 16/10/2023 35,000 35,000 35,161 0.39%
Cimb Bank Bhd 4.80% 13/09/2023 35,000 35,000 35,158 0.39%
F&N Capital Sdn Bhd 4.240% 05/10/2018 60,000 60,108 60,141 0.66%
First Resources Ltd 4.850% 27/10/2021 200,000 200,588 202,138 2.23%
Gamuda Berhad 4.2150% 26/10/2018 50,000 50,035 49,991 0.55%
Hong Leong Bank Bhd 4.80% 21/06/2024 22,000 22,000 22,125 0.24%
Konsortium Lebuhraya Utara-Timur (Kl) Sdn Bhd 4.250% 01/12/2023 90,000 86,130 88,373 0.98%
Malakoff Power Bhd 4.90% 17/12/2018 180,000 180,572 181,274 2.00%
Malayan Banking Bhd 4.90% 29/01/2024 70,000 70,000 70,229 0.78%
Malaysia Airports Holdings Berhad 4.150% 06/09/2018 28,000 28,000 28,044 0.31%
Maybank Islamic Bhd 4.750% 05/04/2024 40,000 40,000 40,205 0.44%
Public Bank Bhd 4.730% 15/11/2023 196,000 197,512 196,596 2.17%
Public Bank Bhd 4.80% 25/09/2023 200,000 200,400 200,712 2.22%
Public Islamic Bank Bhd 4.750% 07/06/2024 45,000 45,000 45,265 0.50%
Rhb Islamic Bank Berhad 4.950% 15/05/2024 310,000 311,620 311,934 3.45%
Alliance Bank Malaysia Berhad 5.750% 27/10/2025 230,000 230,000 236,033 2.61%
Cagamas Mbs Bhd 5.920% 12/12/2025 200,000 215,460 218,356 2.41%
Cimb Group Holdings Bhd 5.150% 23/12/2025 300,000 300,000 305,088 3.37%
Hong Leong Financial Group 4.80% 17/09/2020 200,000 200,000 201,836 2.23%
Ytl Power International Berhad 4.950% 11/10/2024 120,000 118,620 122,153 1.35%


Corporate Bonds Rhb Investment Bank Berhad 4.950% 16/04/2025 100,000 100,000 100,505 1.11%
Genm Capital Bhd 4.90% 22/08/2025 200,000 200,000 201,190 2.22%
Benih Restu Bhd 4.620% 05/06/2025 100,000 100,000 100,577 1.11%
Krung Thai Bank 5.10% 04/07/2025 250,000 250,040 254,265 2.81%
Cimb Bank Bhd 4.770% 07/08/2026 100,000 100,000 100,412 1.11%
Ekve Sdn Bhd 5.350% 29/01/2027 330,000 334,092 348,500 3.85%
Mex Ii Sdn Bhd 5.10% 29/04/2021 30,000 30,195 30,468 0.34%
Lebuhraya Duke Fasa 3 Sdn Bhd 5.640% 22/08/2031 300,000 306,090 317,667 3.51%
Affin Bank Bhd 5.030% 20/09/2027 250,000 250,000 252,750 2.79%
Affin Bank Bhd 5.450% 05/02/2027 450,000 450,000 461,997 5.11%
Ammb Holdings Berhad 5.20% 15/03/2027 200,000 200,000 203,474 2.25%
Public Bank Bhd 4.850% 23/04/2027 100,000 100,000 101,000 1.12%
Sarawak Energy Bhd 5.320% 03/12/2032 150,000 150,615 151,860 1.68%
Ambank Malaysia Bhd 4.90% 15/10/2027 150,000 150,000 150,377 1.66%
Northern Gateway Infrastructure Sdn Bhd 5.150% 29/08/2028 400,000 403,344 410,268 4.54%
Corporate Bonds Total 7,356,000 7,400,743 7,510,786 83.03%
Government Malaysian Government Securities 4.2320% 30/06/2031 450,000 430,650 450,990 4.99%
Government Total 450,000 430,650 450,990 4.99%
Quasi Government Sarawak Hidro Sdn Bhd 4.60% 18/08/2028 108,000 108,600 109,153 1.21%
Danainfra Nasional Bhd 4.650% 20/10/2036 400,000 400,000 387,876 4.29%
Quasi Government Total 528,000 528,600 517,139 5.72%
Grand Total 8,334,000 8,359,993 8,478,916 93.73%

Automotive Hup Seng Industries Bhd 1,145,200 1,398,088 1,253,011 0.45%
Banking & Finance Ammb Holdings Bhd 2,528,900 11,019,344 11,194,828 4.00%
Public Bank Bhd 1,140,000 23,423,032 23,779,219 8.49%
Kerjaya Prospek Group Berhad 3,534,800 8,208,799 14,405,823 5.15%
Consumer Products British American Tobacco (M) Bhd 224,800 8,612,657 9,026,170 3.22%
Magni-Tech Industries Bhd 240,400 1,047,475 1,373,074 0.49%
Consumer Products Total 465,200 9,660,132 10,399,244 3.71%
Gaming Genting Bhd 1,480,000 13,568,481 13,667,741 4.88%
Gaming Total 1,480,000 13,568,481 13,667,741 4.88%
Healthcare Hartalega Holdings Bhd 378,100 2,463,194 4,053,453 1.45%
Manufacturing Ntpm Holdings Bhd 3,500,000 3,064,547 2,230,946 0.83%
Pecca Group Berhad 669,900 1,087,893 1,042,291 0.37%
Oil and Gas Lotte Chemical Titan Holding Berhad 1,486,300 9,684,109 7,012,155 2.50%
Oil and Gas Total 1,486,300 9,684,109 7,012,155 2.50%


Plantation / Natural Resources Ioi Corporation Bhd 1,008,000 4,532,065 4,593,710 1.64%
Cb Industrial Product Holding Bhd 1,736,600 3,551,552 3,137,758 1.12%
Property Eastern & Oriental Bhd 3,051,400 5,153,895 4,380,083 1.56%
United U-Li Corporation Bhd 739,000 3,146,860 2,522,148 0.90%
Property Total 6,640,200 14,067,200 12,691,282 4.52%
Salutica Berhad 1,937,700 3,062,685 2,839,792 1.01%
Telecommunication Telekom Malaysia Bhd 560,200 3,456,309 3,542,671 1.27%
Telecommunication Total 560,200 3,456,309 3,542,671 1.27%
Transportation Malaysia Airports Holdings Bhd 942,500 7,780,377 8,316,056 2.97%
Westports Holdings Berhad 804,200 2,973,910 2,986,847 1.07%
Airasia Bhd 1,049,300 3,239,321 3,528,513 1.26%
Grand Total 53,074,702 218,328,111 235,902,354 84.27%

Automotive Bermaz Auto Berhad 2,230,000 4,708,269 4,924,643 0.80%
Banking & Finance Ammb Holdings Bhd 750,000 3,239,210 3,320,069 0.54%
Hong Leong Bank Bhd 525,000 7,537,262 8,958,915 1.45%
Hong Leong Financial Group Bhd 329,000 4,992,770 5,904,874 0.96%
Public Bank Bhd 426,700 8,445,187 8,900,520 1.44%
Rhb Bank Bhd 1,760,570 8,329,831 8,836,301 1.43%
Allianz Malaysia Bhd 617,600 6,170,277 8,369,283 1.36%
Building Materials Ann Joo Resources Bhd 517,900 1,563,339 2,006,691 0.33%
Building Materials Total 517,900 1,563,339 2,006,691 0.33%
Consumer Products British American Tobacco (M) Bhd 350,500 15,641,715 14,073,276 2.28%
Carlsberg Brewery Malaysia Bhd 908,200 12,746,218 13,948,263 2.26%
Nestle (M) Bhd 194,200 15,226,600 20,117,597 3.26%
Heineken Malaysia Berhad 993,200 16,711,440 18,842,812 3.06%
Pentamaster Corporation Berhad 2,261,088 2,972,817 6,877,131 1.12%


Gaming Genting Bhd 3,375,000 27,922,052 31,167,990 5.05%
Gaming Total 5,520,500 38,033,478 43,293,056 7.02%
Healthcare Hartalega Holdings Bhd 448,200 2,742,696 4,804,966 0.78%
Manufacturing Pecca Group Berhad 1,100,000 1,902,550 1,711,479 0.28%
Hong Leong Industries Bhd 816,500 7,768,922 7,941,950 1.29%
Gas Malaysia Berhad 554,800 1,328,936 1,609,463 0.26%
Petronas Chemicals Group Bhd 500,000 3,425,339 3,864,630 0.63%
Oil and Gas Total 9,004,500 29,911,926 31,052,888 5.04%
Plantation / Natural Resources Ioi Corporation Bhd 314,800 1,405,883 1,434,623 0.23%


Property Igb Real Estate Investment Trust 9,880,000 15,549,237 17,851,579 2.89%
Klcc Prop&Reits-Stapled Sec 220,000 1,635,121 1,908,023 0.31%
Sunway Bhd 2,333,333 4,010,356 3,817,785 0.62%
Sp Setia Bhd - Pa 190,037 190,037 209,835 0.03%
Sunway Berhad - Wb 300,000 - 171,650 0.03%
Kip Real Estate Investment Trust 2,044,000 2,048,333 1,774,779 0.29%
Property Total 27,620,263 45,401,167 48,879,469 7.93%
Uchi Technologies Bhd 2,500,000 4,416,830 8,306,445 1.35%
Telecommunication Digi.Com Bhd 1,600,000 8,150,064 8,191,008 1.33%
Maxis Bhd 2,348,000 12,995,307 14,165,104 2.30%
Time Dot Com Bhd 927,000 7,758,281 8,467,756 1.37%
Telecommunication Total 7,975,000 47,655,924 50,428,082 8.18%
Transportation Malaysia Airports Holdings Bhd 515,500 4,239,562 4,548,464 0.74%
Airasia Bhd 1,191,000 3,784,666 4,005,011 0.65%
Grand Total 103,917,656 488,312,713 547,595,220 88.80%
Eastspring Investments Asian High Yield Bond MY Fund 21,742,238 11,608,212 11,479,902 99.69%
Eastspring Investments Japan Dynamic MY Fund 3,847,686 1,987,138 2,374,792 100.78%
Eastspring Investments Global Leaders MY Fund 1,410,890 961,346 1,054,217 100.53%
Total Value of Investments 1,410,890 961,346 1,054,217 100.53%

SCHRODER ASIAN INCOME SGD CLASS X 7,089,697 25,290,022 25,054,285 99.78%
SISF EURO Equity SGD Hdg A Acc 18,990 3,735,665 3,724,040 99.42%
Eastspring Investments Equity Income Fund 16,840,414 14,336,732 14,817,880 23.02%

Eastspring Investments Bond Fund 74,067,435 49,847,637 48,506,763 75.37%

PRUlink funds S TAT E M E N T O F A S S E T S A N D L I A B I L I T I E S 1 2 6
STAT EMENT OF AS S ETS AN D L I A B I L I T I E S

A s a t 3 1 De ce mb e r 20 17
2017 2016
PRUlink equity fund RM % RM %
Investment
Quoted Equities 9,560,331,436 95.90 8,430,181,777 98.58
Cash and Deposits

Cash at Bank 25,613,009 0.25 29,710 0.00
Deposits 522,970,000 5.25 167,620,000 1.96
Tax Assets 16,512,557 0.17 14,071,129 0.17
Other Assets 3,119,296 0.03 17,233,180 0.20
Total Assets 10,128,546,298 101.60 8,629,135,796 100.91
Deferred Tax Liabilities (116,696,551) (1.17) (73,491,400) (0.86)
Other Liabilities (42,496,111) (0.43) (3,909,658) (0.05)
Total Liabilities (159,192,662) (1.60) (77,401,058) (0.91)
Net Asset Value of the Fund 9,969,353,636 100.00 8,551,734,738 100.00
Policyholders' Fund
Capital 5,743,776,366 57.61 5,393,724,385 63.07
Generated Income carried forward 4,225,577,270 42.39 3,158,010,353 36.93
9,969,353,636 100.00 8,551,734,738 100.00
Net Asset Value Per Unit (RM) 4.435 3.949


2017 2016
PRUlink bond fund RM % RM %
Investment
Fixed Income Securities 1,514,049,649 97.12 2,571,215,222 97.08
Cash and Deposits

Cash at Bank 32,254 0.00 24,304 0.00
Deposits 32,560,000 2.09 51,880,000 1.96
Other Assets 16,658,630 1.07 28,094,489 1.06
Total Assets 1,563,300,533 100.28 2,651,214,015 100.10
Tax Liabilities (2,158,494) (0.14) (1,961,488) (0.07)
Deferred Tax Liabilities (738,075) (0.05) (441,685) (0.02)
Other Liabilities (1,486,751) (0.09) (157,707) (0.01)
Policyholders' Fund
Capital 823,410,096 52.82 2,021,464,913 76.32
Generated Income carried forward 735,507,117 47.18 627,188,222 23.68
1,558,917,213 100.00 2,648,653,135 100.00


2017 2016
PRUlink managed fund RM % RM %
Investments in
PRUlink equity fund 1,474,362,411 73.58 1,294,572,907 69.82
PRUlink bond fund 529,808,949 26.44 559,592,654 30.18
Other Assets 1,506,077 0.08 - -
Total Assets 2,005,677,437 100.10 1,854,165,561 100.00
Total Liabilities (1,955,004) (0.10) (30,583) (0.00)
Policyholders' Fund
Capital 1,036,920,501 51.75 1,067,183,698 57.56
2,003,722,433 100.00 1,854,134,978 100.00


2017 2016
PRUlink managed fund II RM % RM %
Investments in
PRUlink equity fund 1,086,063,389 83.22 867,074,616 79.76
Other Assets 30,603 - - -
Total Assets 1,305,133,400 100.00 1,087,136,882 100.00
Other Liabilities - - (147) (0.00)
Total Liabilities - - (147) (0.00)
Policyholders' Fund
Capital 1,009,882,530 77.38 913,165,227 84.00
1,305,133,400 100.00 1,087,136,735 100.00


2017 2016
PRUlink golden equity fund RM % RM %
Investment in
PRUlink equity income fund 457,910,780 99.75 360,578,170 100.00
Other Assets 1,135,879 0.25 - -
Total Assets 459,046,659 100.00 360,578,170 100.00
Net Asset Value of the Fund 459,046,659 100.00 360,578,169 100.00
Policyholders' Fund
Capital 348,481,849 75.91 304,717,308 84.51
459,046,659 100.00 360,578,169 100.00


2017 2016
PRUlink golden bond fund RM % RM %
Investment in
PRUlink bond fund - - 1,062,794,898 100.00
Eastspring Investment - Asian High Yield Bond Fund Class D 22,897,433 1.93 - -
Fixed Income Securities 1,115,625,366 93.88 - -
Cash and Deposits

Cash at Bank 39,224 0.00 - -
Deposits 36,360,000 3.06 - -
Deferred Tax Assets 201,406 0.02 - -
Other Assets 14,244,275 1.20 - -
Total Assets 1,189,367,704 100.09 1,062,794,898 100.00
Tax Liabilities (1,005,226) (0.09) - -
Other Liabilities (6,000) (0.00) (29,039) (0.00)
Policyholders' Fund
Capital 1,004,472,335 84.53 920,831,129 86.64
1,188,356,478 100.00 1,062,765,859 100.00


2017 2016
PRUlink golden managed fund RM % RM %
Investment in
PRUlink golden equity fund 89,415,816 23.57 48,583,491 18.77
PRUlink golden bond fund 289,964,251 76.43 210,303,716 81.23
Other Assets 222,983 0.06 - -
Total Assets 379,603,050 100.06 258,887,207 100.00
Other Liabilities (218,053) (0.06) (88) (0.00)
Total Liabilities (218,053) (0.06) (88) (0.00)
Policyholders' Fund
Capital 345,537,199 91.08 243,176,632 93.93
379,384,997 100.00 258,887,119 100.00


2017 2016
PRUlink education equity fund RM % RM %
Investment in
PRUlink equity fund 3,661,472 100.00 2,805,643 100.00
Other Assets 1,122 0.03 - -
Total Assets 3,662,594 100.03 2,805,643 100.00
Other Liabilities (1,122) (0.03) - -
Total Liabilities (1,122) (0.03) - -
Policyholders' Fund
Capital 3,154,428 86.15 2,666,005 95.02
Generated Income carried forward 507,044 13.85 139,638 4.98
3,661,472 100.00 2,805,643 100.00


2017 2016
PRUlink education bond fund RM % RM %
Investment in
Total Assets 6,531,793 100.06 5,296,935 100.00
Other Liabilities (3,922) (0.06) (145) (0.00)
Policyholders' Fund
Capital 5,833,018 89.36 4,828,486 91.16
6,527,871 100.00 5,296,790 100.00


2017 2016
PRUlink dana unggul RM % RM %
Investment
Quoted Equities 922,639,959 96.99 821,371,776 97.56
Cash and Deposits

Cash at Bank 2,820,121 0.30 21,221 0.00
Deposits 52,150,000 5.48 23,810,000 2.83
Tax Assets 830,279 0.09 1,097,268 0.13
Other Assets 1,228,743 0.12 3,123,421 0.37
Total Assets 979,669,102 102.98 849,423,686 100.89
Policyholders' Fund
Capital 522,457,903 54.92 505,918,929 60.09
951,318,561 100.00 841,950,779 100.00


2017 2016
PRUlink dana aman RM % RM %
Investment
Fixed Income Securities 102,201,104 95.59 110,878,657 98.70
Cash and Deposits

Cash at Bank 32,514 0.03 21,387 0.02
Deposits 3,860,000 3.61 1,560,000 1.39
Other Assets 1,050,307 0.98 1,221,800 1.08
Total Assets 107,143,925 100.21 113,681,844 101.19
Tax Liabilities (83,695) (0.08) (75,332) (0.06)
Other Liabilities (111,735) (0.10) (1,256,636) (1.12)
Total Liabilities (232,176) (0.21) (1,342,327) (1.19)
Policyholders' Fund
Capital 71,316,017 66.71 81,319,150 72.39
106,911,749 100.00 112,339,517 100.00


2017 2016
PRUlink dana urus RM % RM %
Investments in
PRUlink dana unggul 108,990,644 73.01 99,867,767 69.13
PRUlink dana aman 40,331,086 27.02 44,587,282 30.87
Other Assets 140,125 0.09 - -
Total Assets 149,461,855 100.12 144,455,049 100.00
Total Liabilities (174,317) (0.12) (2,437) (0.00)
Policyholders' Fund
Capital 66,191,639 44.34 73,598,138 50.95
149,287,538 100.00 144,452,612 100.00


2017 2016
PRUlink dana urus II RM % RM %
Investments in
Total Assets 122,695,984 100.00 105,510,927 100.00
Policyholders' Fund
Capital 91,717,601 74.75 85,034,469 80.59
122,695,984 100.00 105,510,839 100.00


2017 2016
PRUlink Asia managed fund RM % RM %
Investments in
Asian Equity Fund 186,089,734 79.10 160,785,748 79.34
Asian Bond Fund 57,076,598 24.26 51,094,836 25.21
Cash and Deposits

Cash at Bank 1,051,095 0.45 45,144 0.03
Deposits 350,000 0.15 - -
Other Assets 95 0.00 - -
Total Assets 244,567,522 103.96 211,925,728 104.58
Tax Liabilities (253,249) (0.11) (743,433) (0.37)
Policyholders' Fund
Capital 119,818,236 50.93 118,709,382 58.58
235,252,283 100.00 202,654,117 100.00


2017 2016
PRUlink Asia property securities fund RM % RM %
Investment in
Asian Property Securities Fund 37,540,227 104.36 29,775,265 104.42
Cash and Deposits

Cash at Bank 5,057 0.01 25,541 0.09
Deposits 108,000 0.30 - -
Other Assets 38,566 0.11 12,324 0.04
Total Assets 37,691,850 104.78 29,813,130 104.55
Tax Liabilities (34,632) (0.10) (27,388) (0.10)
Policyholders' Fund
Capital 16,538,465 45.98 13,865,257 48.62
35,971,499 100.00 28,514,786 100.00


2017 2016
PRUlink Asia local bond fund RM % RM %
Investment in
Asian Local Bond Fund 31,343,167 101.10 34,698,522 100.85
Cash and Deposits

Cash at Bank 2,944 0.01 3,858 0.01
Deposits 102,000 0.33 2,520,000 7.32
Other Assets 28 0.00 24,003 0.07
Total Assets 31,448,139 101.44 37,246,383 108.25
Tax Liabilities (64,009) (0.21) (157) (0.00)
Total Liabilities (446,271) (1.44) (2,840,092) (8.25)
Policyholders' Fund
Capital 25,934,297 83.65 29,131,884 84.67
31,001,868 100.00 34,406,291 100.00


2017 2016
PRUlink global market navigator fund RM % RM %
Investment in
Global Market Navigator Fund 67,206,358 101.95 42,333,662 104.01
Cash at Bank 19,464 0.03 6,515 0.02
Other Assets 332,821 0.50 - -
Total Assets 67,558,643 102.48 42,340,177 104.03
Tax Liabilities (24,462) (0.04) (5,979) (0.02)
Deferred Tax Liabilities (1,037,043) (1.57) (961,987) (2.36)
Policyholders' Fund
Capital 54,397,555 82.52 29,623,212 72.78
65,923,945 100.00 40,699,674 100.00


2017 2016
PRUlink dragon peacock fund RM % RM %
Investment in
Dragon Peacock Fund 125,554,536 100.53 62,418,190 101.00
Cash and Deposits

Cash at Bank 3,503 0.00 80,879 0.13
Deposits 557,000 0.45 - -
Other Assets 269,347 0.22 280,061 0.45
Total Assets 126,384,386 101.20 62,779,130 101.58
Tax Liabilities (47,202) (0.04) (140,456) (0.23)
Deferred Tax Liabilities (1,040,005) (0.83) (532,710) (0.86)
Policyholders' Fund
Capital 86,645,935 69.38 42,599,428 68.93
124,891,041 100.00 61,801,886 100.00


2017 2016
PRUlink Asia equity fund RM % RM %
Investment in
Cash and Deposits

Cash at Bank 3,385 0.01 16,249 0.04
Deposits 358,000 0.65 - -
Deferred Tax Asset - - 4 0.00
Other Assets 276,809 0.50 - -
Total Assets 55,893,615 101.70 37,318,133 100.98
Tax Liabilities (65,989) (0.12) - -
Policyholders' Fund
Capital 39,715,587 72.26 30,501,836 82.54
54,960,140 100.00 36,955,119 100.00


2017 2016
PRUlink dyna growth I fund RM % RM %
Investment
Structured Product 3,315,190 100.61 3,567,679 100.52
Cash at Bank 911 0.03 2,064 0.06
Total Assets 3,316,101 100.64 3,569,743 100.58
Tax Liabilities (479) (0.02) (1,594) (0.05)
Policyholders' Fund
Capital 2,993,973 90.86 3,283,851 92.52
3,295,188 100.00 3,549,200 100.00


2017 2016
PRUlink dyna growth II fund RM % RM %
Investment
Structured Product 3,710,131 101.24 3,884,870 100.98
Cash at Bank 1,759 0.05 4,285 0.11
Total Assets 3,711,890 101.29 3,889,155 101.09
Tax Liabilities (993) (0.03) (3,453) (0.09)
Policyholders' Fund
Capital 2,987,678 81.53 3,298,695 85.74
3,664,558 100.00 3,847,132 100.00


2017 2016
PRUlink dyna growth III fund RM % RM %
Investment
Structured Product 179,540 101.54 168,581 101.11
Cash at Bank 792 0.45 1,542 0.92
Tax Assets 92 0.05 - -
Total Assets 180,424 102.04 170,123 102.03
Tax Liabilities - - (658) (0.39)
Net Asset Value of the Fund 176,821 100.00 166,738 100.00
Policyholders' Fund
Capital 139,817 79.07 139,817 83.85
176,821 100.00 166,738 100.00


2017 2016
PRUlink dyna growth IV fund RM % RM %
Investment
Structured Product 125,315 101.89 115,027 101.32
Cash at Bank 598 0.49 1,533 1.35
Tax Assets 116 0.09 - -
Total Assets 126,029 102.47 116,560 102.67
Tax Liabilities - - (819) (0.72)
Net Asset Value of the Fund 122,993 100.00 113,529 100.00
Policyholders' Fund
Capital 89,258 72.57 89,258 78.62
122,993 100.00 113,529 100.00


2017 2016
PRUlink money market fund RM % RM %
Cash and Deposits

Cash at Bank 52,433 1.56 56,111 0.98
Deposits 3,500,000 104.31 5,670,000 98.85
Other Assets 11,987 0.36 12,862 0.22
Total Assets 3,564,420 106.23 5,738,973 100.05
Tax Liabilities (861) (0.03) (1,690) (0.03)
Policyholders' Fund
Capital 1,918,987 57.19 4,454,836 77.66
3,355,313 100.00 5,736,144 100.00


2017 2016
PRUlink golden equity fund II RM % RM %
Investment
Quoted Equities 6,221,762 95.78 4,321,783 95.47
Cash and Deposits

Cash at Bank 56,464 0.87 20,283 0.45
Deposits 230,000 3.54 320,000 7.07
Other Assets 3,721 0.06 14,351 0.31
Total Assets 6,511,947 100.25 4,676,417 103.30
Policyholders' Fund
Capital 5,377,768 82.79 4,368,181 96.49
Generated Income carried forward 1,117,877 17.21 158,728 3.51
6,495,645 100.00 4,526,909 100.00


2017 2016
PRUlink golden bond fund II RM % RM %
Investment
Fixed Income Securities 8,478,916 93.73 6,706,345 96.72
Cash and Deposits

Cash at Bank 36,298 0.40 23,928 0.35
Deposits 440,000 4.86 130,000 1.88
Other Assets 101,200 1.12 74,457 1.07
Total Assets 9,056,414 100.11 6,934,730 100.02
Policyholders' Fund
Capital 8,174,271 90.36 6,434,980 92.81
9,046,273 100.00 6,933,681 100.00


2017 2016
PRUlink equity focus fund RM % RM %
Investment
Quoted Equities 235,902,354 84.27 138,037,831 82.62
Cash and Deposits

Cash at Bank 677,416 0.24 22,746 0.01
Deposits 45,920,000 16.40 31,240,000 18.70
Deferred Tax Asset - - 209,009 0.13
Other Assets 171,390 0.06 277,115 0.17
Total Assets 282,671,160 100.97 169,786,701 101.63
Tax Liabilities (461,518) (0.16) (56,525) (0.03)
Deferred Tax Liabilities (1,334,497) (0.48) - -
Policyholders' Fund
Capital 248,337,848 88.71 170,504,118 102.06
Generated Income/(Loss) carried forward 31,619,346 11.29 (3,448,185) (2.06)
279,957,194 100.00 167,055,933 100.00


2017 2016
PRUlink equity income fund RM % RM %
Investment
Quoted Equities 547,595,220 88.80 377,619,321 86.58
Cash and Deposits

Cash at Bank 897,838 0.15 23,487 0.01
Deposits 72,460,000 11.75 50,130,000 11.49
Tax Assets 585,819 0.09 96,592 0.02
Deferred Tax Asset - - 12,858 0.00
Other Assets 670,474 0.11 8,323,031 1.91
Total Assets 622,209,351 100.90 436,205,289 100.01
Deferred Tax Liabilities (4,576,762) (0.74) - -
Policyholders' Fund
Capital 545,898,066 88.52 434,234,431 99.56
616,687,006 100.00 436,161,255 100.00


2017 2016
PRUlink Asian high yield bond fund RM % RM %
Investment in
Eastspring Investment Asian High Yield Bond MY Fund 11,479,902 99.69 4,186,035 99.43
Cash at Bank 12,619 0.11 145 0.00
Tax Assets 7,304 0.06 - -
Deferred Tax Asset 10,265 0.09 3,207 0.08
Other Assets 5,614 0.05 26,970 0.64
Total Assets 11,515,704 100.00 4,216,357 100.15
Tax Liabilities - - (6,224) (0.15)
Total Liabilities - - (6,224) (0.15)
Policyholders' Fund
Capital 11,081,893 96.23 4,104,920 97.50
11,515,704 100.00 4,210,133 100.00


2017 2016
PRUlink Japan dynamic fund RM % RM %
Investment in
Eastspring Investment Japan Dynamic MY Fund 2,374,792 100.78 810,844 100.20
Cash at Bank 4,153 0.18 97 0.01
Other Assets 56,000 2.38 8,124 0.99
Total Assets 2,434,945 103.34 819,065 101.20
Tax Liabilities (4,026) (0.17) (885) (0.10)
Net Asset Value of the Fund 2,356,369 100.00 809,244 100.00
Policyholders' Fund
Capital 1,977,149 83.91 707,271 87.40
2,356,369 100.00 809,244 100.00


2017 2016
PRUlink global leaders fund RM % RM %
Investment in
Eastspring Investment Global Leaders MY Fund 1,054,217 100.53 345,341 99.72
Cash at Bank 197 0.02 99 0.03
Other Assets 2,834 0.27 3,896 1.13
Total Assets 1,057,248 100.82 349,336 100.88
Tax Liabilities (1,211) (0.11) (318) (0.09)
Policyholders' Fund
Capital 959,201 91.47 314,827 90.91
1,048,607 100.00 346,299 100.00


2017 2016
PRUlink Asian multi-asset fund RM % RM %
Investment in
SCHRODER ASIAN INCOME SGD CLASS X 25,054,285 99.78 5,935,725 98.14
Cash at Bank 107,139 0.43 130,773 2.16
Tax Assets 20,629 0.08 - -
Deferred Tax Asset 18,912 0.08 - -
Other Assets 87,742 0.35 113,925 1.88
Total Assets 25,288,707 100.72 6,180,423 102.18
Deferred Tax Liabilities - - (3,549) (0.06)
Policyholders' Fund
Capital 24,744,492 98.55 5,993,276 99.09
25,108,644 100.00 6,048,404 100.00


2017 2016
PRUlink euro equity fund RM % RM %
Investment in
SISF EURO Equity SGD Hdg A Acc 3,724,040 99.42 6,630 64.84
Cash at Bank 112,997 3.02 3,617 35.38
Deferred Tax Asset 1,070 0.03 - -
Other Assets 18,511 0.49 9 0.09
Total Assets 3,856,618 102.96 10,256 100.31
Deferred Tax Liabilities (396) (0.01) (32) (0.31)
Tax Liabilities (110,434) (2.95) - -
Policyholders' Fund
Capital 3,793,941 101.29 9,998 97.79
Generated (Loss)/Income carried forward (48,153) (1.29) 226 2.21
3,745,788 100.00 10,224 100.00


2017
PRUlink strategic managed fund RM %
Investment in
Eastspring Investment Equity Income Fund 14,817,880 23.02
Eastspring Investment Bond Fund 48,506,763 75.37
Cash at Bank 765,307 1.19
Deferred Tax Asset 68,778 0.11
Other Assets 2,966,300 4.61
Total Assets 67,125,028 104.30
Tax Liabilities (154,134) (0.24)
Other Liabilities (2,613,645) (4.06)
Total Liabilities (2,767,779) (4.30)
Net Asset Value of the Fund 64,357,249 100.00
Policyholders' Fund
Capital 63,329,082 98.40
Generated Income carried forward 1,028,167 1.60
64,357,249 100.00
Net Asset Value Per Unit (RM) 0.517

PRUlink funds S TAT E M E N T O F C H A N G E S I N N E T A S S E T VA L U E 1 6 0
S TATE MENT OF C HAN GES I N N E T A S S E T VA L U E

Fo r t he f inanc ial y e ar en ded 31 Decem ber 2 01 7
2017 2016
PRUlink equity fund RM RM
Net Asset Value at beginning of year 8,551,734,738 8,449,293,405
Amounts received from units created 1,765,567,845 1,978,657,841
Amounts paid for units cancelled (1,415,515,864) (1,776,983,632)
Net Income/(Outgo) 1,067,566,917 (99,232,876)
Value of fund at end of year 9,969,353,636 8,551,734,738
2017 2016
PRUlink bond fund RM RM
Amounts received from units created 296,056,743 378,096,069
Amounts paid for units cancelled (1,494,111,560) (429,913,095)
Excess of Income over Outgo 108,318,895 115,951,279


2017 2016
PRUlink managed fund RM RM
Amounts paid for units cancelled (224,570,929) (210,258,262)
2017 2016
PRUlink managed fund II RM RM
Net Asset Value at beginning of year 1,087,136,735 978,088,433
Excess of Income over Outgo 121,279,362 415,648


2017 2016
PRUlink golden equity fund RM RM
Net Asset Value at beginning of year 360,578,169 331,826,580
Net Income/(Outgo) 54,703,949 (3,969,969)
Value of fund at end of year 459,046,659 360,578,169
2017 2016
PRUlink golden bond fund RM RM
Net Asset Value at beginning of year 1,062,765,859 937,773,679


2017 2016
PRUlink golden managed fund RM RM
2017 2016
PRUlink education equity fund RM RM
Amounts received from units created 875,904 859,055
Amounts paid for units cancelled (387,481) (373,248)
Net Income/(Outgo) 367,406 (28,426)


2017 2016
PRUlink education bond fund RM RM
Excess of Income over Outgo 226,549 176,871
2017 2016
PRUlink dana unggul RM RM
Net Income/(Outgo) 92,828,808 (36,313,776)


2017 2016
PRUlink dana aman RM RM
2017 2016
PRUlink dana urus RM RM
Net Income/(Outgo) 12,241,425 (2,713,999)


2017 2016
PRUlink dana urus II RM RM
Net Income/(Outgo) 10,502,013 (2,535,153)
2017 2016
PRUlink Asia managed fund RM RM


2017 2016
PRUlink Asia property securities fund RM RM
2017 2016
PRUlink Asia local bond fund RM RM
Net (Outgo)/Income (206,836) 1,530,524


2017 2016
PRUlink global market navigator fund RM RM
Excess of Income over Outgo 449,928 4,330,255
2017 2016
PRUlink dragon peacock fund RM RM


2017 2016
PRUlink Asia equity fund RM RM
2017 2016
PRUlink dyna growth I fund RM RM
Amounts received from units created - -


2017 2016
PRUlink dyna growth II fund RM RM
2017 2016
PRUlink dyna growth III fund RM RM
Net Asset Value at beginning of year 166,738 203,968
Amounts paid for units cancelled - (45,298)
Value of fund at end of year 176,821 166,738


2017 2016
PRUlink dyna growth IV fund RM RM
Amounts paid for units cancelled - (48,026)
Value of fund at end of year 122,993 113,529
2017 2016
PRUlink money market fund RM RM


2017 2016
PRUlink golden equity fund II RM RM
2017 2016
PRUlink golden bond fund II RM RM


2017 2016
PRUlink equity focus fund RM RM
Net Income/(Outgo) 35,067,531 (4,831,781)
2017 2016
PRUlink equity income fund RM RM


2017 2016
PRUlink Asian high yield bond fund RM RM
Net Asset Value at beginning of year 4,210,133 14,721
2017 2016
PRUlink Japan dynamic fund RM RM
Amounts received from units created 1,446,929 626,485
Value of fund at end of year 2,356,369 809,244


2017 2016
PRUlink global leaders fund RM RM
Amounts received from units created 687,788 168,583
Value of fund at end of year 1,048,607 346,299
2017 09.08.2016 to 31.12.2016

PRUlink Asian multi-asset fund RM RM
Net Asset Value at beginning of year/period 6,048,404 -
Amounts paid for units cancelled (1,415,512) (44,379)
Value of fund at end of year/period 25,108,644 6,048,404


2017 09.08.2016 to 31.12.2016

PRUlink euro equity fund RM RM
Net Asset Value at beginning of year/period 10,224 -
Amounts received from units created 4,015,343 10,017
Amounts paid for units cancelled (231,400) (19)
Net (Outgo)/Income (48,379) 226
Value of fund at end of year/period 3,745,788 10,224

STAT EMENT OF CHAN GES I N N E T A S S E T VA L U E

For the 9 months period ended 31 December 2017
03.04.2017 to 31.12.2017
PRUlink strategic managed fund RM
Net Asset Value at beginning of period -
Amounts received from units created 63,584,873
Amounts paid for units cancelled (255,791)
Excess of Income over Outgo 1,028,167
Value of fund at end of period 64,357,249

PRUlink funds S TAT E M E N T O F I N CO M E A N D E X P E N D I T U R E 1 7 8
S TATE MENT OF IN COM E A N D E X PE N DI T U R E

2017 2016
Net Investment Income 317,709,866 271,015,255

Interest Income 13,636,569 11,309,294
Dividend Income 304,073,297 259,729,270
Others - (23,309)
Profits on Disposal of Securities 212,699,122 218,470
Unrealised Capital Gain 741,772,655 -
Total Income 1,272,181,643 271,233,725
Investment Management Fees (140,963,752) (129,022,758)
Unrealised Capital Loss - (254,183,460)
Taxation (63,370,475) 12,985,176
Other Outgo (280,499) (245,559)
Total Outgo (204,614,726) (370,466,601)
Net Income/(Outgo) 1,067,566,917 (99,232,876)
Generated Income brought forward 3,158,010,353 3,257,243,229
Generated Income carried forward 4,225,577,270 3,158,010,353


2017 2016

Interest Income 117,115,338 128,349,870
Profits on Disposal of Securities 8,717,834 -
Unrealised Capital Gain 4,939,835 12,996,663
Total Income 130,773,007 141,346,533
Loss on Disposal of Securities - (973,667)
Taxation (10,362,513) (11,088,046)
Other Outgo (55,038) (59,228)
Total Outgo (22,454,112) (25,395,254)
Generated Income brought forward 627,188,222 511,236,943
Generated Income carried forward 735,507,117 627,188,222


2017 2016

Fee Rebate 23,939,836 21,598,837
Profits on Disposal of Securities 55,155,546 58,078,280
Total Income 209,077,891 79,677,117
Total Outgo (29,227,239) (73,194,334)


2017 2016

Fee Rebate 15,992,178 13,245,011
Total Income 136,971,459 26,555,530
Total Outgo (15,692,097) (26,139,882)
Excess of Income over Outgo 121,279,362 415,648


2017 2016

Fee Rebate 6,292,319 5,150,755
Total Income 60,996,608 31,904,891
Total Outgo (6,292,659) (35,874,860)
Net Income/(Outgo) 54,703,949 (3,969,969)


2017 2016

Fee Rebate 4,300,937 5,005,655
Interest Income 12,631,720 -
Unrealised Capital Gain - 29,632,349
Total Income 185,392,094 47,704,737
Unrealised Capital Loss (131,371,209) -
Taxation (803,820) -
Other Outgo (6,237) -
Total Outgo (143,442,681) (10,011,328)


2017 2016

Fee Rebate 3,445,725 2,465,242
Profits on Disposal of Securities 3,161,057 972,022
Total Income 21,534,997 8,653,475
Total Outgo (3,397,686) (2,477,656)


2017 2016
Net Investment Income 49,047 38,734

Fee Rebate 49,047 38,734
Profits on Disposal of Securities 27,135 8,224
Unrealised Capital Gain 340,272 -
Total Income 416,454 46,958
Investment Management Fees (49,048) (38,736)
Unrealised Capital Loss - (36,648)
Total Outgo (49,048) (75,384)
Net Income/(Outgo) 367,406 (28,426)
Generated Income brought forward 139,638 168,064
Generated Income carried forward 507,044 139,638


2017 2016

Fee Rebate 29,638 24,044
Unrealised Capital Gain 194,819 147,337
Total Income 285,820 224,959
Total Outgo (59,271) (48,088)


2017 2016

Interest Income 795,498 715,421
Dividend Income 23,834,230 22,767,748
Total Income 112,719,859 31,222,498
Taxation (6,466,477) 3,402,195
Other Outgo (36,031) (27,970)
Total Outgo (19,891,051) (67,536,274)
Net Income/(Outgo) 92,828,808 (36,313,776)


2017 2016

Interest Income 5,193,088 5,656,769
Total Income 5,632,872 6,242,390
Loss on Disposal of Securities (83,650) (175,890)
Taxation (435,091) (479,183)
Other Outgo (4,513) (4,494)
Total Outgo (1,057,507) (1,242,768)


2017 2016

Fee Rebate 1,783,415 1,717,325
Total Income 14,432,492 8,150,035
Total Outgo (2,191,067) (10,864,034)
Net Income/(Outgo) 12,241,425 (2,713,999)


2017 2016

Fee Rebate 1,494,763 1,296,555
Total Income 11,975,749 3,142,816
Total Outgo (1,473,736) (5,677,969)
Net Income/(Outgo) 10,502,013 (2,535,153)


2017 2016

Interest Income 5,299 54
Others 2,648,047 5,335,313
Total Income 37,552,386 19,781,404
Taxation (3,004,190) (1,575,168)
Other Outgo (1,118) (59)
Total Outgo (6,063,074) (4,139,838)


2017 2016

Interest Income 1,153 266
Others 112,676 314,151
Unrealised Capital Gain 5,030,081 559,761
Total Income 5,739,050 1,830,729
Taxation (456,699) (145,933)
Total Outgo (955,545) (556,756)


2017 2016
Net Investment Income 423,459 892

Others 421,694 (4,129)
Unrealised Capital Gain - 1,828,256
Total Income 1,111,690 1,855,735
Unrealised Capital Loss (928,473) -
Taxation (33,226) (108,029)
Other Outgo (1,133) (2,130)
Total Outgo (1,318,526) (325,211)
Net (Outgo)/Income (206,836) 1,530,524


2017 2016

Others - 13,556
Unrealised Capital Gain 938,198 5,051,278
Total Income 1,276,957 5,174,908
Taxation (102,154) (413,590)
Other Outgo (4,506) (2,207)
Total Outgo (827,029) (844,653)
Excess of Income over Outgo 449,928 4,330,255


2017 2016

Others 65,764 997,283
Total Income 20,949,684 6,615,275
Investment Management Fees (1,341,255) (848,734)
Taxation (559,917) (265,246)
Other Outgo (5,864) (1,123)
Total Outgo (1,907,036) (1,115,103)


2017 2016
Net Investment Income 327,771 (5,542)

Others 324,260 (6,585)
Profits on Disposal of Securities 497,393 -
Total Income 9,919,533 3,678,616
Taxation (429,345) (147,570)
Other Outgo (3,321) (1,141)
Total Outgo (1,128,263) (624,352)


2017 2016
Profit on Disposal of Securities 20,419 19,930
Taxation (3,119) (4,040)
Total Outgo (3,119) (4,040)


2017 2016
Profit on Disposal of Securities 42,499 43,157
Total Income 139,612 126,023
Taxation (11,169) (10,082)
Total Outgo (11,169) (10,082)


2017 2016
Profit on Disposal of Securities - 8,222
Unrealised Capital Gain 10,959 548
Taxation (876) (702)
Total Outgo (876) (702)


2017 2016
Profit on Disposal of Securities - 10,239
Taxation (823) (642)
Total Outgo (823) (2,866)


2017 2016

Total Income 185,784 273,522
Taxation (14,863) (21,882)
Other Outgo (2,964) (1,954)
Total Outgo (30,766) (40,572)


2017 2016

Dividend Income 153,788 121,361
Others - (12)
Profits on Disposal of Securities 115,825 -
Taxation - 289
Total Income 1,047,366 126,119
Other Outgo (4,925) (3,092)
Total Outgo (88,217) (121,161)
Generated Income carried forward 1,117,877 158,728


2017 2016

Profit on Disposal of Securities - 158
Total Income 454,942 320,474
Other Outgo (1,960) (1,448)
Total Outgo (81,641) (60,792)


2017 2016

Interest Income 1,004,795 305,306
Dividend Income 5,286,337 3,846,836
Others - (359)
Profit on Disposal of Securities 14,935,051 -
Total Income 40,954,426 4,151,783
Loss on Disposal of Securities - (3,648,188)
Taxation (2,592,343) 282,895
Other Outgo (16,072) (14,125)
Total Outgo (5,886,895) (8,983,564)
Net Income/(Outgo) 35,067,531 (4,831,781)
Generated (Loss)/Income brought forward (3,448,185) 1,383,596
Generated Income/(Loss) carried forward 31,619,346 (3,448,185)


2017 2016

Interest Income 1,746,580 335,003
Dividend Income 17,673,882 2,573,102
Others - (155)
Unrealised Capital Gain 58,097,111 844,794
Profit on Disposal of Securities 4,467,843 -
Total Income 81,985,416 3,752,744
Taxation (5,133,444) 34,773
Other Outgo (21,614) (14,280)
Total Outgo (13,123,300) (2,282,215)
Generated Income brought forward 1,926,824 456,295


2017 2016

Fee Rebate 99,031 21,389
Profit on Disposal of Securities 1,528 -
Total Income 503,544 165,881
Taxation (6,387) (3,038)
Unrealised Capital Loss (88,230) (39,783)
Other Outgo (241) (243)
Total Outgo (174,946) (60,404)
Generated Income/(Loss) brought forward 105,213 (264)


2017 2016

Interest Income 125 4
Fee Rebate 27,424 8,136
Total Income 325,704 127,077
Taxation (25,405) (10,024)
Total Outgo (48,457) (18,489)
Generated Income/(Loss) brought forward 101,973 (6,615)


2017 2016

Fee Rebate 12,049 3,978
Taxation (5,603) (3,121)
Total Outgo (16,087) (6,592)
Generated Income/(Loss) brought forward 31,472 (1,094)


2017 09.08.2016 - 31.12.2016


Fee Rebate 194,849 13,376
Others (137,621) (22,589)
Unrealised Capital Gain - 44,359
Taxation 15,333 (3,549)
Other Outgo (19,597) (5,805)
Total Outgo (483,356) (23,262)
Generated Income brought forward 55,128 -


2017 09.08.2016 - 31.12.2016

Net Investment Income (16,112) (25)

Fee Rebate 15,392 10
Others (31,542) (36)
Unrealised Capital Gain - 388
Total Income (11,154) 363
Investment Management Fees (15,821) (13)
Taxation 1,104 (31)
Total Outgo (37,225) (137)
Net (Outgo)/Income (48,379) 226
Generated Income brought forward 226 -
Generated (Loss)/Income carried forward (48,153) 226


For the 9 months period ended 31 December 2017
03.04.2017 - 31.12.2017
Net Investment Income 2,196,090

Fee Rebate 1,985,057
Interest Income 211,033
Profit on Disposal of Securities 851
Total Income 2,196,941
Investment Management Fees (212,079)
Taxation (96,048)
Unrealised Capital Loss (859,726)
Other Outgo (921)
Total Outgo (1,168,774)
Excess of Income over Outgo 1,028,167
Generated Income brought forward -
Generated Income carried forward 1,028,167

PRUlink funds N OT E S TO T H E F I N A N C I A L S TAT E M E N T S 2 1 2
N OT ES TO THE FIN AN CIAL S TAT E M E N TS
1. Summary of Significant Accounting Policies
a. Basis of Accounting
The financial statements have been prepared in accordance with Guidelines on Investment-Linked Insurance/Takaful Business (BNM/RH/GL 010-15), modified by the following for the purposes of unit pricing:
i. investments at market value are adjusted to include future cost of acquisitions.
This is to ensure equitable unit pricing for incoming, outgoing and remaining unit-holders;
ii. provision for deferred tax on unrealised gains or losses using actuarially calculated rates as shown respectively in the table below.
The Board of Directors are of the opinion that since these gains or losses will only be realised in the future, the respective rates below have been used to ensure equitable unit pricing for incoming, outgoing and remaining
unit-holders instead of the statutory rate of 8%.
Fund Name Deferred Tax rate
PRUlink equity fund 6.0%
PRUlink dana unggul 7.0%
PRUlink bond fund 6.0%
PRUlink dana aman 6.0%
PRUlink Asia local bond fund 6.0%
PRUlink dragon peacock fund 2.5%
PRUlink Asia equity fund 4.0%
PRUlink Asian multi-asset fund 4.0%
PRUlink golden bond fund 6.0%
The statutory rate of 8% have been used by the other funds except for the funds mentioned above.
N OT ES TO THE FIN AN CIAL S TAT E M E N TS (CONT’D)
1. Summary of Significant Accounting Policies (CONT’D)
b. Investments
Quoted investments are valued at the closing market prices at the end of the financial year.
Unquoted loan stocks/bonds are valued using prices quoted by Bond Pricing Agency Malaysia.
Net unrealised gains or losses in value of investments are credited or charged to the Statement of Income and Expenditure.
c. Dividend Income
Dividend Income is recognised when the right to receive payment is established.
d. Interest Income
Interest Income is recognised on an accrual basis.
e. Gains/Losses on Disposal of Investments
Gains or losses arising from the disposal of investments are credited or charged to the Statement of Income and Expenditure.
f. Investment Management Fees
Investment management fees are calculated in accordance with the provisions of the policy document.
N OT ES TO THE FIN AN CIAL S TAT E M E N TS (CONT’D)
1. Summary of Significant Accounting Policies (CONT’D)
g. Fee Rebate
This relates to a rebate of fees from the Fund Manager in respect of investments held in the:
i. PRUlink equity fund and PRUlink bond fund for the PRUlink managed fund, PRUlink managed fund II, PRUlink education equity fund and PRUlink education bond fund ; and
ii. PRUlink equity income fund for the PRUlink golden equity fund; and
iii. PRUlink dana unggul and PRUlink dana aman for the PRUlink dana urus and PRUlink dana urus II; and
iv. PRUlink golden equity fund and PRUlink golden bond fund for the PRUlink golden managed fund; and
v. Eastspring Investment for the PRUlink Asian high yield bond fund, PRUlink Japan dynamic fund,PRUlink global leaders fund and PRUlink strategic managed fund; and
vi. Schroder for the PRUlink Asian multi-asset fund and PRUlink euro equity fund; and
vii. PRUlink bond fund for the PRUlink golden bond fund (prior to October 2017 due to PRUlink golden bond fund was categorised as feeder fund)
h. Cash and Deposits
Cash and deposits consist of cash on hand and balances with banks, including fixed and call deposits.
2. Other Outgo comprises bank charges and custodian charges.
3. Rebates and Soft Commissions
As regulated by the Securities Commission’s Guidelines, the fund management company is strictly prohibited from receiving any rebates arising from transactions or orders on behalf of the clients. Any such rebates received must be
directed to the accounts of the relevant clients. The fund management company is however allowed to accept soft commission arising from transactions or orders on behalf of the clients, provided that upon obtaining prior consent
from the client, the goods and services received are in the form of research and advisory services that will assist in decision-making process relating to the client’s investments and ultimately demonstrate benefits to the clients.
4. At 31 December 2017, the Funds had no contingent liabilities or commitments.

5. All amounts are stated in Ringgit Malaysia.

PRUlink funds S TAT E M E N T BY D I R E C TO R S 2 1 5
S TATE MENT BY DIREC TOR S
In the opinion of the Directors, the PRUlink funds (“Funds”) financial statements as set out on pages 126 to 214, comprising the Statements of Assets and Liabilities as at 31 December 2017 and the related Statements of Income and
Expenditure and Statements of Changes in Net Asset Value for the financial year ended 31 December 2017 together with the notes thereto, have been drawn up in accordance with the accounting policies set out in Note 1 to the financial
statements and Guidelines on Investment-Linked Insurance/Takaful Business (BNM/RH/GL 010-15).
On behalf of the Board:
Soon Dee Hwee

Director
Abdul Khalil bin Abdul Hamid

Director
Kuala Lumpur,
Date: 20th March 2018

PRUlink funds I N D E P E N D E N T A U D I TO R S ’ R E P O RT TO T H E U N I T H O L D E R S O F P R U L I N K F U N D S 2 1 6
IND EPENDEN T AUDITORS ’ R E PO RT TO T H E

U N I T H O LDERS OF PRUL IN K FU N DS
Report on the Audit of the Financial Independence and Other Ethical In connection with our audit of the financial statements Auditors’ Responsibilities for the Audit of the
Statements Responsibilities of the PRUlink Funds, our responsibility is to read the Financial Statements
other information identified above and, in doing so,
We are independent of the PRUlink Funds in consider whether the other information is materially Our objectives are to obtain reasonable assurance about
Opinion
accordance with the By-Laws (on Professional Ethics, inconsistent with the financial statements of the PRUlink whether the financial statements as a whole are free from
Conduct and Practice) of the Malaysian Institute of Funds or our knowledge obtained in the audit, or material misstatement, whether due to fraud or error,
We have audited the financial statements of PRUlink
Accountants (“By-Laws”) and the International Ethics otherwise appears to be materially misstated. If, based and to issue an auditors’ report that includes our opinion.
Funds of Prudential Assurance Malaysia Berhad (“the
Standards Board for Accountants’ Code of Ethics for on the work we have performed, we conclude that there Reasonable assurance is a high level of assurance, but is
Manager”), which comprise the Statements of Assets
Professional Accountants (“IESBA Code”), and we have is a material misstatement of the other information, we not a guarantee that an audit conducted in accordance
and Liabilities as at 31 December 2017, the Statements
fulfilled our other ethical responsibilities in accordance are required to report that fact. We have nothing to with approved standards on auditing in Malaysia and
of Changes in Net Asset Value and the Statements of
with the By-Laws and the IESBA Code. report in this regard. International Standards on Auditing will always detect a
Income and Expenditure for the year then ended, and
material misstatement when it exists. Misstatements can
notes to the financial statements, including a summary
Emphasis of Matter Responsibilities of the Directors for the arise from fraud or error and are considered material if,
of significant accounting policies, as set out on pages
Financial Statements individually or in the aggregate, they could reasonably
126 to 214.
We wish to draw your attention to Note 1a (ii) to the be expected to influence the economic decisions of
financial statements whereby a lower rate of tax was The Directors of the Manager are responsible for the users taken on the basis of these financial statements.
In our opinion, the accompanying financial statements
used for deferred taxation provision. As fully explained preparation of the financial statements in accordance
for the year ended 31 December 2017 are prepared, in
in Note 1a (ii), the Directors of the Manager is of the with the accounting policies set out in Note 1 to the As part of an audit in accordance with approved
all material respects, in accordance with the accounting
opinion that it is fairer to unitholders to use a lower rate financial statements and the Guidelines on Investment- standards on auditing in Malaysia and International
policies set out in Note 1 to the financial statements and
than the statutory tax rate in the pricing of units. Our Linked Insurance/Takaful Business (BNM/RH/GL 010- Standards on Auditing, we exercise professional
the Guidelines on Investment-Linked Insurance/Takaful
opinion is not modified in respect of this matter. 15). The Directors are also responsible for such internal judgement and maintain professional scepticism
Business (BNM/RH/GL 010-15).
control as the Directors determine is necessary to enable throughout the audit. We also:
Information Other than the Financial the preparation of financial statements that are free from
Basis for Opinion
Statements and Auditors’ Report Thereon material misstatement, whether due to fraud or error. • Identify and assess the risks of material
misstatement of the financial statements, whether
We conducted our audit in accordance with approved
The Directors of the Manager are responsible for the In preparing the financial statements of the PRUlink due to fraud or error, design and perform audit
standards on auditing in Malaysia and International
other information. The other information comprises the Funds, the Directors are responsible for assessing the procedures responsive to those risks, and obtain
Standards on Auditing. Our responsibilities under
information included in the PRUlink Funds Performance ability of the PRUlink Funds to continue as a going audit evidence that is sufficient and appropriate
those standards are further described in the Auditors’
Report but does not include the financial statements of concern, disclosing, as applicable, matters related to provide a basis for our opinion. The risk of not
Responsibilities for the Audit of the Financial Statements
the PRUlink Funds and our auditors’ report thereon. to going concern and using the going concern basis detecting a material misstatement resulting from
section of our auditors’ report. We believe that the audit
of accounting unless the Directors either intend to fraud is higher than for one resulting from error,
evidence we have obtained is sufficient and appropriate
Our opinion on the financial statements of the PRUlink liquidate the PRUlink Funds or to cease operations, or as fraud may involve collusion, forgery, intentional
to provide a basis for our opinion.
Funds does not cover the other information and we do have no realistic alternative but to do so. omissions, misrepresentations, or the override of
not express any form of assurance conclusion thereon. internal control.
PRUlink funds I N D E P E N D E N T A U D I TO R S ’ R E P O RT TO T H E U N I T H O L D E R S O F P R U L I N K F U N D S 2 1 7
IND EPENDEN T AUDITORS ’ R E PO RT TO T H E

U N I T H O LDERS OF PRUL IN K FU N DS (CONT’D)
Auditors’ Responsibilities for the Audit of the We communicate with the Directors regarding, among
Financial Statements (continued) other matters, the planned scope and timing of the audit
and significant audit findings, including any significant
• Obtain an understanding of internal control relevant deficiencies in internal control that we identify during
to the audit in order to design audit procedures that our audit.
are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness Other Matter
of the internal control of the PRUlink Funds.
This report is made solely to the unitholders of PRUlink
• Evaluate the appropriateness of accounting policies Funds, as a body, and for no other purpose. We do not
used and the reasonableness of accounting estimates assume responsibility to any other person for the content
and related disclosures made by the Directors. of this report.
• Conclude on the appropriateness of the Directors’ use

of the going concern basis of accounting and, based
on the audit evidence obtained, whether a material
uncertainty exists related to events or conditions that
may cast significant doubt on the ability of the PRUlink
Funds to continue as a going concern. If we conclude KPMG PLT
that a material uncertainty exists, we are required to (LLP0010081-LCA & AF 0758)
draw attention in our auditors’ report to the related Chartered Accountants
disclosures in the financial statements of the PRUlink
Funds or, if such disclosures are inadequate, to modify
our opinion. Our conclusions are based on the audit 20 March 2018
evidence obtained up to the date of our auditors’ Petaling Jaya
report. However, future events or conditions may
cause the PRUlink Funds to cease to continue as a
going concern.
PRUlink funds
Report And Statement Of The Manager
For The Year Ended 31 December 2017
Laporan Dan Penyata Pengurus

Bagi Tahun Berakhir 31 Disember 2017
“Menyemarakkan impian bererti

meluangkan masa bersama keluarga”
#prudreamsupporter
• PRUlink Asia equity fund • PRUlink education equity fund
• PRUlink Asia local bond fund • PRUlink equity focus fund
• PRUlink Asia managed fund • PRUlink equity fund “Usaha mampu membawa
ku ke mercu impian.”
• PRUlink Asia property securities fund • PRUlink equity income fund
#prudreamsupporter
• PRUlink Asian high yield bond • PRUlink euro equity fund
• PRUlink Asian multi-asset fund • PRUlink global leaders fund
• PRUlink bond fund • PRUlink global market navigator fund
• PRUlink dana aman • PRUlink golden bond fund
• PRUlink dana unggul • PRUlink golden bond II fund
• PRUlink dana urus • PRUlink golden equity fund
• PRUlink dana urus II • PRUlink golden equity II fund
• PRUlink dragon peacock fund • PRUlink golden managed fund
• PRUlink dyna growth I fund • PRUlink Japan dynamic fund
• PRUlink dyna growth II fund • PRUlink managed fund
• PRUlink dyna growth III fund • PRUlink managed fund II
• PRUlink dyna growth IV fund • PRUlink money market fund
• PRUlink education bond fund • PRUlink strategic managed fund

PRUlink funds P E R U T U S A N KE T U A P E G AWA I E K S E K U T I F 2 2 0
P E RUTU SA N KETUA P EGAWA I E K S E K U T I F

Pemegang Polisi Yang Dihargai, Manfaat Pemindahan Dana
Saya ingin mengambil kesempatan ini untuk Seperti yang anda tahu, polisi insurans berkaitan
mengucapkan terima kasih kepada anda kerana memilih pelaburan anda bertujuan untuk memenuhi matlamat
Prudential sebagai penanggung insurans pilihan anda. kewangan jangka panjang anda dan melindungi masa
Prudential telah lama beroperasi dan bertapak kukuh depan kewangan keluarga anda. Kami memahami
di Malaysia, berpegang teguh kepada misinya untuk bahawa situasi anda dalam kehidupan boleh berubah
melindungi rakyat Malaysia selama 94 tahun. Objektif dari semasa ke semasa, dan atas sebab ini pelan
kami ialah untuk menyampaikan nilai kepada polisi insurans berkaitan pelaburan kami telah direka dengan
anda di samping memperkasakan perjalanan anda kemudahan pemindahan dana*, memberikan anda
pada setiap masa, memberi kuasa kepada kebebasan pilihan menghalakan premium atau nilai dana anda ke
kewangan dan ketenangan fikiran anda. dalam pilihan dana PRUlink yang berbeza pada bila-bila
masa dalam tempoh polisi anda.
Meskipun berhadapan dengan persekitaran ekonomi
yang mencabar, kami dengan sukacitanya mengumumkan Pemindahan dana membolehkan anda mengalihkan
bahawa kami telah mencatatkan pulangan yang positif unit anda yang sedia ada daripada dana sedia ada tanpa
dalam kebanyakan dana PRUlink kami (dana insurans menjejaskan peruntukan premium masa depan anda.
berkaitan pelaburan) pada tahun lepas: Dengan kemudahan ini, anda boleh bergerak balas
kepada trend pasaran atau perubahan pada matlamat
• Empat dana yang telah meraih prestasi yang cukup pelaburan anda dengan berpindah kepada dana
baik pada tahun lepas ialah PRUlink equity focus yang menepati selera risiko anda. Empat pemindahan
fund, PRUlink equity income fund, PRUlink golden pertama dalam tahun yang sama adalah percuma,
equity fund dan PRUlink golden equity fund II. namun kami menasihatkan anda supaya bersikap
Kesemua 4 dana ini telah mencatatkan prestasi yang berhati-hati apabila membuat pemindahan dana.
mengatasi pulangan penanda aras sebanyak lebih Lagi pun, polisi insurans berkaitan pelaburan anda
daripada 12.74%. merupakan perlindungan insurans jangka panjang dan
tidak seharusnya dianggap sebagai instrumen untuk
• PRUlink equity fund dan PRUlink dana unggul fund spekulasi jangka pendek.
juga telah meraih prestasi yang baik dengan pulangan
dua angka. Nilai Aset Bersihnya semakin meningkat,
menghasilkan kadar pulangan masing-masingnya Prudential – Berbangga Menjadi
sebanyak RM4.43565 dan RM3.83298. Pendukung Impianmu
Sila lihat halaman 227-230 untuk butir-butir lengkap Tahun lepas, sebagai penaja Sukan SEA Ke-29 dan
mengenai prestasi dana. Sukan Para ASEAN Ke-9 (ataupun dikenali sebagai
Kuala Lumpur 2017 atau KL 2017), kami berbangga
dapat menyokong impian dan harapan negara kita,
menolong mencetuskan rasa kebanggaan dalam
kalangan para atlet dan keluarga mereka. Walau
bagaimanapun, impian tidak hanya khusus untuk para
atlet sahaja. Semua orang mempunyai impian untuk
mereka capai tidak kira besar atau kecil, tua atau muda.
*Tertakluk kepada terma & syarat

PRUlink funds P E R U T U S A N KE T U A P E G AWA I E K S E K U T I F 2 2 1
P E R U T USA N KETUA PEGAWA I E K S E K U T I F (S AMB.)
Selaku Pendukung Impianmu Penuh Kebanggaan PRUmy child plus menawarkan perlindungan pranatal Menyediakan Kemudahan Pada Setiap
(Proud Supporter of Dreams), kami mahu membantu yang komprehensif supaya ibu dan anak dilindungi. Masa
pelanggan kami mencapai matlamat dan impian mereka Anda boleh menambah rider yang serupa untuk
melalui daya usaha kami yang berterusan. Sebagai perlindungan anak anda dengan pilihan termasuklah Untuk lebih memudahkan, semua pelanggan Prudential
penanggung insurans, kami memahami bahawa dengan pelan simpanan untuk pendidikan anak anda pada kini boleh mengakses e-format laporan dana PRUlink
perancangan kewangan yang tekun, apa-apa impian peringkat kemudiannya, perlindungan penyakit mereka dan banyak lagi ciri di PRUaccess plus. Cuma
pun boleh diubah menjadi realiti. Walau apa pun impian kritikal dan rider kemalangan, sekadar menyebutkan daftar di https://pruaccessplus.prudential.com.my
anda, kami percaya bahawa pelan tindakan yang terbaik beberapa contoh. Seperti selalunya, ia adalah tentang untuk melihat maklumat dan penyata polisi anda,
ialah mempunyai perancang kewangan/kekayaan yang menyesuaikan penyelesaian agar menepati keperluan menguruskan polisi anda atau menggunakan fungsi
dapat memahami anda dan menolong membentuk diri anda. e-Bayaran kami yang membolehkan anda membuat
pelan kewangan yang sesuai dengan keperluan anda. pembayaran dalam talian pada bila-bila masa dan di
mana saja. Sungguh senang, sungguh mudah.
Sebagai penanggung insurans yang inovatif, adalah Kami Prihatin Tentang Pengalaman
sentiasa menjadi matlamat kami untuk menawarkan Anda Sebagai Pelanggan Sementara itu, jika anda mempunyai sebarang
pelbagai jenis produk yang memenuhi keperluan pertanyaan mengenai polisi atau pelaburan anda atau
setiap pelanggan kami yang berbeza, sama ada Di Prudential, kami juga memahami bahawa ingin menggunakan kemudahan pemindahan dana
untuk perlindungan, simpanan, pelaburan ataupun perlindungan merangkumi bukan sahaja ketenangan kami, sila hubungi Perancang Kewangan Prudential,
persaraan. Sejajar dengan ini, kami dengan bangganya fikiran dari segi kewangan tetapi juga keperluan ejen atau Perunding Perkhidmatan Kewangan anda.
memperkenalkan dua penyelesaian insurans yang penjagaan kesihatan dan kesejahteraan anda. Anda juga boleh menghubungi Wakil Perkhidmatan
menyediakan keperluan perlindungan yang benar-benar Pelanggan kami di talian 03-2116 0228, menghantarkan
khusus: PRUmy medical plus dan PRUmy child plus. Sebelumnya pada tahun ini, kami telah mengumumkan pertanyaan anda kepada customer.mys@prudential.
perkongsian dengan pasaran penjagaan kesihatan com.my atau mengunjungi cawangan yang terdekat
PRUmy medical plus menyediakan perlindungan dalam talian Doctor2U, justeru membolehkan dengan anda. Kami bersedia membantu anda.
perubatan, penyakit kritikal dan kemalangan yang pelanggan Prudential menikmati perkhidmatan saringan
komprehensif. Sifat dan cirinya yang boleh disesuaikan kesihatan dan diskaun untuk lawatan doktor ke rumah. Semoga tahun akan datang melimpahkan kemakmuran,
mengikut keperluan anda membolehkan anda memilih Jika saringan kesihatan diperlukan sebagai sebahagian kesihatan dan kejayaan buat anda semua.
daripada pelbagai rider berbeza yang ada, justeru daripada proses pengunderaitan apabila anda membeli
membolehkan anda memiliki perlindungan yang sesuai polisi baharu dengan kami 1, anda boleh memilih supaya
dengan keperluan anda. Sebagai contohnya, anda boleh doktor yang berkelayakan penuh dari Doctor2U datang Yang ikhlas,
memilih tambahan yang melindungi anda sekiranya ke rumah anda pada waktu yang anda tetapkan. Selain
anda ditimpa penyakit kritikal, yang melindungi kos itu, Doctor2U juga menawarkan aplikasi telefon mudah
prostestik atau memilih untuk memperluaskan manfaat alih dengan ciri-ciri seperti Live Chat dan perundingan
sekali gus anda kepada hilang upaya separa dan juga video, bermakna bahawa anda boleh berhubung
hilang upaya menyeluruh dan kekal. Pilihan di tangan dengan doktor dengan segera dan dengan mudah.
anda, dan kefleksibelan pelan ini membolehkan anda Sekiranya anda lebih sukakan pertemuan bersemuka, Gan Leong Hin
menyesuaikannya mengikut keperluan dan keadaan anda juga boleh memilih perkhidmatan panggilan Ketua Pegawai Eksekutif
yang berubah. doktor ke rumah pada harga potongan. Prudential Assurance Malaysia Berhad (PAMB)
Premium Tahunan minimum sebanyak RM25,000 untuk pelanggan

1
Prudential Assurance Malaysia Berhad (PAMB).

PRUlink funds O B J E K T I F DA N A 2 2 2
O B J EKT I F DAN A
PRUlink Asia equity fund adalah dana yang berusaha untuk diterbitkan oleh entiti-entiti Asia atau subsidiarinya. waran serta menerusi mana-mana dana PRUlink global PRUlink dana unggul adalah dana yang bertujuan untuk
memaksimumkan pulangan dalam jangka masa panjang Portfolio Sub-Dana kebanyakannya terdiri daripada yang mungkin disediakan pada masa depan atau secara memaksimumkan pulangan dalam jangka masa sederhana
dengan melabur dalam ekuiti dan sekuriti berkaitan ekuiti sekuriti yang didominasikan dalam pelbagai mata wang tidak langsung menerusi dana kecil yang diuruskan oleh hingga panjang dengan melaburkan di dalam saham-
syarikat-syarikat yang diperbadankan atau mempunyai Asia. Dana ini kemudiannya boleh melabur dalam Eastspring Investments (Singapore) Limited atau mana- saham berkualiti tinggi yang diluluskan oleh Shariah,
kegiatan terutamanya di rantau Asia Pasifik tidak termasuk mana-mana dana bon PRUlink yang lain yang mungkin mana pengurus dana lain yang ditentukan dari masa ke yang disenaraikan di Bursa Malaysia.
Jepun. Rantau Asia Pasifik termasuk tetapi tidak terhad disediakan pada masa akan datang atau secara tidak semasa.
kepada negara-negara ini: Korea, Taiwan, Hong Kong, langsung melalui dana-dana bon yang lain. PRUlink dana urus / PRUlink dana urus II adalah dana
Filipins, Republik Rakyat Cina, India, Pakistan, Australia dan PRUlink Asian high yield bond fund adalah dana yang yang bertujuan untuk memaksimumkan pulangan dalam
New Zealand. Dana juga boleh melabur dalam resit deposit PRUlink Asia managed fund adalah dana yang diuruskan bertujuan untuk memaksimumkan jumlah pulangan jangka masa sederhana hingga panjang dengan melabur
[Resit Depositori Amerika (ADRs) dan Resit Depositori secara aktif dan berusaha memaksimumkan pendapatan dengan melabur dalam Sub-Dana dipanggil Dana di dalam saham-saham dan sekuriti hutang Islam yang
Global (GDRs)], sekuriti hutang yang boleh ditukar menjadi dalam jangka masa sederhana ke panjang. Matlamat Eastspring Investments Asian High Yield Bond MY diluluskan oleh Shariah melalui PRUlink dana unggul
saham biasa, saham keutamaan dan waran. ini dicapai dengan melabur dalam syer, sekuriti faedah (Kelas RM Hedged), yang terlingkungi dalam Eastspring dan PRUlink dana aman dan mana-mana dana PRUlink
tetap dan instrument pasaran kewangan di rantau Asia Investments – Dana Asian High Yield Bond yang diuruskan seumpamanya yang mungkin ditawarkan pada masa
PRUlink Asia local bond fund adalah dana yang diuruskan Pasifik tidak termasuk Jepun dan melalui mana-mana dana oleh Eastspring Investments (Singapore) Limited. depan.
secara aktif dan berusaha memaksimumkan jumlah PRUlink global yang mungkin disediakan pada masa Dana ini melabur dalam pelbagai portfolio yang
pulangan dengan melabur dalam pendapatan tetap depan atau secara tidak langsung melalui Sub-Dana yang terutamanya terdiri daripada sekuriti pendapatan tetap PRUlink dragon peacock fund adalah dana yang
atau sekuriti hutang yang diberi penarafan dan yang diurus oleh Eastspring Investments (Singapore) Limited / hutang hasil yang tinggi yang dikeluarkan oleh entiti bermatlamat untuk memaksimumkan jumlah pulangan
tidak diberi penarafan. Pada permulaan pertubuhannya, atau mana-mana pengurus dana lain yang ditentukan Asia atau anak-anak mereka. jangka panjang dengan melabur terutamanya dalam ekuiti
PRUlink Asia local bond fund akan melabur dalam Sub- dari masa ke semasa. Dana ini juga boleh melabur dalam mana-mana dana lain dan instrumen berkaitan ekuiti dalam syarikat-syarikat
Dana yang dikenali sebagai Eastspring Investments – dengan objektif yang serupa yang boleh didapati pada yang diperbadankan atau tersenarai di, atau beroperasi
Asian Local Bond Fund yang diuruskan oleh Eastspring PRUlink Asia property securities fund adalah dana yang masa akan datang. terutamanya dari, atau menjalankan perniagaan yang
Investments (Singapore) Limited. Sub-Dana ini melabur diuruskan secara aktif dan berusaha memaksimumkan penting di, atau memperoleh pendapatan yang besar
dalam portfolio terpelbagai yang kebanyakannya terdiri pendapatan dan pulangan dalam jangka masa panjang. PRUlink Asian multi-asset fund adalah dana yang daripada, atau yang anak-anak syarikat, syarikat berkait
daripada pendapatan tetap/sekuriti hutang yang Matlamat ini dicapai dengan melabur dalam Amanah bertujuan untuk menyediakan pertumbuhan perdapatan atau syarikat bersekutunya memperoleh pendapatan
Pelaburan Hartanah (REITs) dan saham syarikat berkaitan dan modal dalam jangka sederhana hingga panjang, yang besar dari Republik Rakyat China (PRC) dan India.
hartanah, yang ditubuhkan, disenaraikan atau mempunyai dan sebarang perdapatan yang dibayar akan dilaburkan Pada permulaan penubuhannya, PRUlink dragon peacock
kegiatan terutamanya di rantau Asia Pasifik termasuk semula ke dalam dana. Dana ini bertujuan untuk memberi fund akan melabur dalam Sub-Dana yang dikenali sebagai
Jepun, Australia dan New Zealand. Dana juga boleh pendedahan kepada pelbagai portfolio yang terdiri Eastspring Investments – Dragon Peacock Fund yang
melabur dalam resit deposit, sekuriti hutang yang boleh terutamanya daripada ekuiti Asia dan sekuriti pendapatan diuruskan oleh Eastspring Investments (Singapore)
ditukar menjadi saham biasa, saham keutamaan dan tetap Asia. Limited. Pelaburan Sub-Dana termasuklah, tetapi tidak
Pada permulaan, dana ini akan melabur ke dalam Schroder terhad kepada, sekuriti tersenarai di Pasaran Diiktiraf, resit
Asian Income (SGD Class), yang merupakan ‘Target Fund’. depositori termasuk Resit Depositori Amerika (ADRs)
Dana ini juga boleh melabur di dalam dana-dana lain dan Resit Depositori Global (GDRs), sekuriti hutang yang
dengan objektif yang sama yang munkin boleh didapati boleh ditukar kepada saham biasa, saham keutamaan
pada masa akan datang. dan waran.
Dana ini mungkin melabur dalam mana-mana dana atau
PRUlink bond fund adalah dana yang bertujuan untuk Sub-Dana yang diurus oleh Eastspring Investments
menyediakan pengumpulan modal dalam jangkamasa (Singapore) Limited atau mana-mana pengurus dana
sederhana hingga panjang dengan melabur di dalam yang ditentukan dari masa ke semasa.
“Peluang akan tercipta sekuriti faedah tetap, bon korporat dan deposit tetap.
daripada ikatan dan PRUlink dana aman adalah dana yang bertujuan untuk
impian yang kita menyediakan pengumpulan modal dalam jangka masa
kongsi bersama.” sederhana hingga panjang dengan melabur di dalam
sekuriti hutang Islam yang terpilih.
#prudreamsupporter
PRUlink funds O B J E K T I F DA N A 2 2 3
O B J EKT I F DAN A (SAM B. )
PRUlink education bond fund adalah dana yang (A Accumulation Share Class, SGD Hedged), yang PRUlink golden bond fund adalah dana yang bertujuan korporat dan simpanan tetap yang terpilih, dan mana-
bertujuan untuk menyediakan pengumpulan modal merupakan ‘Target Fund’. untuk mengumpulkan modal pada jangka sederhana mana instrumen kewangan lain yang digunakan untuk
dalam jangkamasa sederhana hingga panjang dengan Dana ini juga boleh melabur di dalam dana-dana lain dan panjang, dengan mengambil kira keperluan untuk melindungi nilai portfolio.
mengambil kira keperluan untuk memenuhi pendapatan dengan objektif yang sama yang mungkin boleh didapati membuat bayaran terjamin. Matlamat ini dicapai
terjamin. Ini dicapai dengan melabur di dalam sekuriti pada masa akan datang. dengan melabur dalam sekuriti faedah tetap, bon-bon PRUlink Japan dynamic fund adalah dana yang bertujuan
berkadar tetap, bon korporat dan instrumen kewangan korporat dan simpanan tetap yang terpilih, dan mana- untuk menjana pertumbuhan modal jangka panjang
lain yang digunakan untuk melindungi nilai portfolio itu. PRUlink global leaders fund adalah dana yang bertujuan mana instrumen kewangan lain yang digunakan untuk dengan melabur dalam Sub-Dana yang dipanggil
untuk memaksimumkan jumlah pulangan jangka panjang melindungi nilai portfolio. Eastspring Investments – Dana Japan Dynamic MY
PRUlink education equity fund adalah dana yang (gabungan pendapatan dan pertumbuhan modal) dengan (Kelas RM Hedged), yang terlingkungi dalam Eastspring
bertujuan untuk memaksimumkan pulangan dalam melabur dalam Dana-Sub dipanggil Dana Eastspring PRUlink golden bond fund II adalah dana yang bertujuan Investments – Dana Japan Dynamic yang diuruskan oleh
jangkamasa sederhana hingga panjang dengan mengambil Investments Global Leaders MY, yang terlingkungi dalam untuk mengumpulkan modal pada jangka sederhana Eastspring Investments (Singapore) Limited.
kira keperluan untuk memenuhi pendapatan terjamin. Ini Dana M&G Global Leaders yang diuruskan oleh M&G dan panjang, dengan mengambil kira keperluan untuk Dana ini melabur terutamanya dalam sekuriti syarikat,
dicapai dengan melabur di dalam saham-saham berkualiti Investment Management Limited. membuat bayaran terjamin. Matlamat ini dicapai yang diperbadankan, disenarai atau mempunyai aktiviti
tinggi yang disenaraikan di Bursa Malaysia dan instrumen Dana ini melabur dalam pelbagai ekuiti global yang dengan melabur dalam sekuriti faedah tetap, bon-bon terutama di Jepun.
kewangan lain yang digunakan untuk melindungi nilai dikeluarkan oleh syarikat-syarikat yang pengurus dana korporat dan simpanan tetap yang terpilih, dan mana- Dana ini juga boleh melabur dalam mana-mana dana lain
portfolio itu. menganggap, atau mempunyai potensi untuk menjadi, mana instrument kewangan lain yang digunakan untuk dengan objektif yang serupa yang boleh didapati pada
terkemuka dalam bidang mereka dari segi meningkatkan melindungi nilai portfolio. masa akan datang.
PRUlink equity focus fund adalah dana yang bertujuan nilai pemegang polisi.
untuk memaksimumkan pulangan dalam jangka sederhana Dana ini juga boleh melabur dalam mana-mana dana PRUlink golden equity fund adalah dana yang bertujuan PRUlink managed fund / PRUlink managed fund II adalah
hingga panjang. Ini adalah dicapai dengan melabur dalam ekuiti yang lain dengan objektif yang serupa yang boleh untuk memaksimumkan pulangan pada jangka sederhana dana yang bertujuan untuk memaksimumkan pulangan
lebih kurang 30 syarikat-syarikat Malaysia berkualiti didapati pada masa akan datang. dan panjang, dengan mengambil kira keperluan untuk jangkamasa sederhana hingga panjang dengan melabur di
yang tersenarai di Bursa Malaysia yang dijangka akan membuat bayaran terjamin. Matlamat ini dicapai dengan dalam saham dan sekuriti berkadar tetap melalui PRUlink
menyediakan peningkatan modal dan potensi pendapatan PRUlink global market navigator adalah dana yang melabur dalam saham berkualiti tinggi yang disenaraikan equity fund dan PRUlink bond fund dan dalam mana-
pada jangka sederhana ke panjang. diuruskan secara aktif yang bermatlamat untuk mencapai di Bursa Malaysia dan mana-mana instrumen kewangan mana dana PRUlink lain yang mungkin ditawarkan pada
pulangan mutlak yang positif dalam jangka sederhana lain yang digunakan untuk melindungi nilai portfolio. masa depan.
PRUlink equity fund adalah dana yang bertujuan untuk melalui pelaksanaan strategi peruntukan aset yang
memaksimumkan pulangan dalam jangka masa sederhana diuruskan secara aktif dalam pelbagai jenis aset global PRUlink golden equity fund II adalah dana yang bertujuan PRUlink money market fund adalah dana yang bertujuan
hingga panjang dengan melabur di dalam saham-saham termasuk tunai, ekuiti, bon dan mata wang. untuk memaksimumkan pulangan pada jangka sederhana untuk mengekalkan nilai modal dan menjana pulangan
berkualiti tinggi yang disenaraikan di Bursa Malaysia. Pendedahan kepada setiap kelas aset kebanyakannya dan panjang, dengan mengambil kira keperluan untuk yang setanding dengan deposit bank jangka pendek.
adalah melalui dana-dana yang diniagakan di bursa saham, membuat bayaran terjamin. Matlamat ini dicapai dengan Selain daripada pendedahan risiko yang minimum, dana
PRUlink equity income fund adalah dana yang bertujuan niaga hadapan indeks, ekuiti dan bon langsung, swap, melabur dalam saham berkualiti tinggi yang disenaraikan juga mengekalkan tahap kecairan yang tinggi dengan
untuk memaksimumkan pulangan dalam jangka sederhana opsyen dan kontrak hadapan pertukaran asing, di mana di Bursa Malaysia dan mana-mana instrumen kewangan melabur terutamanya dalam instrumen pasaran wang
hingga panjang. Ini adalah dicapai dengan melabur dalam setiap satunya boleh diniagakan melalui bursa-bursa yang lain yang digunakan untuk melindungi nilai portfolio. jangka pendek dan sekuriti hutang yang berkualiti tinggi
pelbagai portfolio yang mengandungi saham-saham diiktiraf atau melalui pasaran atas kaunter. Penggunaan serta berisiko rendah. Walaupun dana bermatlamat
berkualiti tinggi dan saham-saham yang menghasilkan derivatif adalah untuk pengurusan portfolio yang cekap PRUlink golden managed fund adalah dana mengekalkan nilai prinsipal, kemampuan dana untuk
dividen yang ada atau berpotensi untuk mempunyai hasil bagi menembusi pasaran secara efisien dengan cara yang diuruskan secara aktif yang berusaha untuk memenuhi matlamat tersebut adalah tidak dijamin.
dividen yang menarik. kos efektif. memaksimumkan pulangan pada jangka sederhana dan
Pada permulaan penubuhannya, PRUlink global market panjang, dengan mengambil kira keperluan kecairan dana PRUlink strategic managed fund adalah dana yang
PRUlink euro equity fund adalah dana yang bertujuan navigator akan melabur dalam Sub-Dana yang dikenali bagi memenuhi permintaan untuk pengeluaran dan juga bertujuan untuk memberi pertumbuhan modal sederhana
untuk menyediakan pertumbuhan modal dalam jangka sebagai Eastspring Investments – Global Market Navigator keperluan bayaran terjamin. Matlamat ini dicapai dengan dalam jangka sederhana hingga panjang dengan melabur
masa sederhana ke panjang. Dana ini bertujuan untuk Fund yang diuruskan oleh Eastspring Investments melabur dalam saham dan sekuriti faedah tetap menerusi dalam gabungan pendapatan tetap dan sekuriti ekuiti
memberi pendedahan kepada pelbagai portfolio yang (Singapore) Limited. Dana ini kemudiannya boleh melabur dana PRUlink golden equity fund dan dana PRUlink secara langsung, atau tidak langsung melalui penggunaan
terdiri terutamanya daripada ekuiti atau ekuiti berkaitan dalam mana-mana dana PRUlink pulangan mutlak yang golden bond fund dan mana-mana dana PRUlink golden dana pelaburan. Dana ini akan memperuntukkan antara
sekuriti di Ekonomi Eropah dan Kesatuan Monetari. mungkin disediakan pada masa akan datang atau dana- fund yang mungkin disediakan pada masa depan dan juga 70% hingga 90% dalam pendapatan tetap dan 10% kepada
Pada permulaan, dana ini akan melabur ke dalam dana pulangan mutlak yang lain. secara langsung dalam sekuriti faedah tetap, bon-bon 30% dalam ekuiti.
Schroder International Selection Fund – Euro Equity
PRUlink funds T I N J A U A N & M A S A D E PA N P E L A B U R A N 2 2 4
TI N JA U A N & M AS A DEPAN PE L A B U R A N
TINJAUAN PASARAN EKUITI Berita mengenai penggabungan dan pengambilalihan raya mengejut yang diadakan pada 8 Jun, dan berakhir yang dilaporkan pada hari terakhir bulan. Persidangan
TEMPATAN (M&A) mendominasi berita pada suku pertama apabila dengan kerajaan minoriti. Korea Utara pula sibuk menguji tahunan Invest Malaysia tidak memberikan banyak
Saudi Aramco mengumumkan usaha samanya dengan kesabaran anggota Majlis Keselamatan PBB dengan 6 pemangkin bagi pasaran walaupun perutusan positif
(1 Januari 2017 – 31 Disember 2017)
Petronas dalam RAPID semasa kunjungan Raja Arab pelancaran ujian peluru berpandu pada suku ke-2 Perdana Menteri mengenai keadaan dan tinjauan masa
Suku pertama 2017 menyaksikan pasaran global
Saudi ke Malaysia, media menspekulasikan kemungkinan sahaja, nampaknya mencatat kemajuan yang pesat dalam depan ekonomi menyenangkan hati pelabur. Pendapatan
memulakan tahun dalam suasana yang positif berikutan
penggabungan antara Telekom Malaysia dan Axiata dan pembangunan teknologi peluru berpandunya, justeru korporat Malaysia yang kurang memberangsangkan
jangkaan bahawa dasar-dasar Trump untuk Amerika
pengumuman Jack Ma dari Alibaba Group mengenai menggentarkan AS, Korea Selatan dan Jepun. Minyak yang dilaporkan bagi suku ke-2 2017 tidak mampu
Syarikat (AS) akan bersifat pemulihan semula, tumpuan
penubuhan pusat e-dagang di Zon Perdagangan Bebas mentah mengakhiri sukuan itu lebih rendah pada kira- menolong haluan pasaran memandangkan meningkatnya
kepada pemotongan cukai dan baik pulih cukai korporat,
Digital baharu di Sepang. kira US$46/tong, turun hampir 5% berbanding tahun ketidaktentuan tentang ketegangan geopolitik berkaitan
perbelanjaan infrastruktur di AS dan peningkatan
sebelumnya berikutan kebimbangan tentang bekalannya dengan Korea Utara dan kesan daripada Taufan
fahaman perlindungan/proteksionisme. Pasaran AS
Pasaran global terus mencatatkan prestasi yang baik pada meskipun terdapat gesaan oleh Arab Saudi dan tiga Harvey di AS yang merupakan taufan besar pertama
berehat sebentar menjelang akhir sukuan tersebut
suku ke-2 2017 meskipun diselubungi ketidaktentuan lagi negara Teluk lain supaya memboikot Qatar. Ekuiti yang melanda Amerika Syarikat sejak tahun 2005.
apabila harga minyak mengalami pembetulan dengan
berhubung Presiden Trump AS dan kemungkinan dasar Malaysia meneruskan aliran menaiknya pada awal suku Pertumbuhan Keluaran Dalam Negara Kasar (KDNK)
paras inventori yang meningkat dan kiraan pelantar
perlindungan perdagangan, pilihan raya Perancis, pilihan ke-2, disokong oleh aliran dana asing yang berterusan dan Malaysia bagi suku ke-2 sebanyak 5.8% berbanding
minyak yang lebih tinggi di AS. Ekuiti Malaysia pulih
raya United Kingdom (UK), ketegangan dengan Korea kenaikan nilai ringgit. Walau bagaimanapun, momentum tahun sebelumnya agak memberangsangkan tetapi tidak
seiring dengan pasaran global, disokong oleh ringgit
Utara dan kebimbangan tentang bekalan berlebihan positif ini menjadi perlahan pada suku ke-2 apabila TRX cukup menjadi pemangkin untuk memacu minat pelabur.
yang lebih kukuh memandangkan usaha BNM untuk
minyak mentah. Pada kebanyakan masa dalam suku ke-2 City mengumumkan bahawa ia akan menamatkan 60% Pasaran ekuiti di Malaysia mengakhiri sukuan itu lebih
mengawal ketat spekulasi mata wang. Pengumuman oleh
2017, pelabur terganggu oleh isu-isu dasar AS dengan jualan kepentingan dalam Bandar Malaysia kepada usaha rendah akibat tekanan jualan apabila Rizab Persekutuan
syarikat-syarikat berkaitan PNB untuk menyusun semula
China, tentang pernormalan dan tentang kemungkinan sama IWH-CREC yang mencetuskan kebimbangan sama membayangkan satu lagi kenaikan kadar menjelang akhir
UMW Holdings dan UMW Oil and Gas, dan hasrat Sime
pembaharuan cukai. Perdana Menteri U.K., Theresa ada ini berpotensi menjejaskan hubungan Malaysia tahun. Pelancaran Iphone X dan Iphone 8 oleh Apple di
Darby untuk memecahkan (spin-off) pelbagai bahagian
May, terlalu yakin dengan sokongannya pada pilihan dengan China menjelang Sidang Kemuncak “One- AS sedikit mengecewakan memandangkan perbezaan
membawa sedikit sebanyak keterujaan kepada pasaran.
Belt-One-Road” China. Menjelang akhir suku ke-2, ketara yang sangat minimum antara Iphone 7 dan Iphone
aktiviti pengambilan untung bermula menjelang cuti 8, dan titik harga yang tinggi bagi Iphone X.
Hari Raya yang juga berkebetulan dengan berita-berita
berkaitan M&A seperti DRB Hicom dan Zhejiang Geely Pasaran ekuiti Malaysia memulakan suku ke-4 2017
menandatangani perjanjian untuk 49.9% kepentingan dalam mod pembetulan apabila saham permodalan
dalam Proton, serta RHB Bank dan AMMB Holdings besar menyusut akibat jualan meskipun harga minyak
mengumumkan bahawa mereka akan memulakan mentah Brent meningkat dan pembentangan Bajet 2018.
perbincangan mengenai penggabungan. Pengumuman Bajet 2018 pada 27 Oktober menepati
jangkaan, tumpuan kepada melaksanakan langkah-langkah
Pasaran ekuiti Malaysia memulakan suku ke-3 2017 untuk meningkatkan pendapatan boleh guna isi rumah,
dalam suasana yang meruap, dicetuskan oleh sambutan terutamanya kumpulan berpendapatan 40% terendah
yang kurang memberangsangkan terhadap tawaran IPO (B40), dengan bayaran tunai khas akan dibuat kepada 1.6
terbesar di Malaysia sejak tahun 2012 kerana hilangnya juta penjawat awam dan pesara awam. Pasaran ekuiti di
keyakinan terhadap IPO disebabkan oleh keputusan buruk Malaysia terus lemah meskipun data pertumbuhan KDNK
“Mengorak langkah bersama syarikat yang kita

percayai adalah cara untuk mengejar impian.”
#prudreamsupporter
TI N JA U A N & M AS A DEPAN PE L A B U R A N (S AMB.)
suku ke-3 2017 adalah lebih kukuh daripada jangkaan Ringgit yang lebih kukuh dan jangkaan bahawa ia akan peningkatan spekulatif era dotcom pada tahun 1990-an. Ambil satu sahaja contohnya (dan yang terbesar), China
yang dilaporkan pada bulan November dan meningkatnya mengekalkan keteguhannya berikutan data ekonomi Jadi mengapa tahun 2017? Jawapannya mudah. Ia mula mengurangkan pengeluaran dalam sebahagian
jangkaan bahawa Bank Negara mungkin akan menaikkan yang lebih baik bagi Malaysia boleh memberikan kesan bukannya disebabkan satu faktor sahaja. Ia adalah ekonominya yang menghasilkan terlalu banyak. Hasil
Kadar Dasar Semalaman pada tahun 2018. OPEC juga kekayaan yang amat diperlukan bagi meningkatkan gabungan pelbagai faktor positif yang bersatu dalam bersih langkah pengurangan pengeluaran melampau
mengumumkan keputusan mereka untuk melanjutkan pendapatan korporat. Pada tahun 2017 sehingga kini, satu tempoh 12 bulan itu di samping tiada langsung ini adalah peningkatan dalam margin keuntungan,
perjanjian pengurangan pengeluaran selama sembilan pertumbuhan KDNK telah melebihi jangkaan tetapi faktor negatif. Prestasi tinggi aset risiko pada tahun- aliran tunai dan kunci kira-kira dan juga prestasi saham.
bulan lagi, sekali gus memberikan sokongan kepada pendapatan korporat tidak memberikan kejutan positif tahun matang sesuatu pasaran bul adalah jauh dari luar Pembaharuan tidak berhenti di sempadan China sahaja. Di
harga minyak. Menjelang akhir suku ke-4 2017, minyak yang serupa. Namun begitu, banyak usaha telah dibuat biasa, dan ia juga tidak akan berlanjutan buat selamanya, India, kerajaannya memodalkan semula sistem perbankan
mentah Brent mencecah paras USD66.8/tong, paras yang oleh kerajaan di peringkat domestik untuk meningkatkan jadi soalan cepu masnya ialah berapa lamakah ia akan milik negaranya dan akhirnya memperkenalkan Cukai
tidak disaksikan sejak Mei 2015 berikutan pengurangan pendapatan boleh guna dan memastikan perbelanjaan bertahan? Barangan dan Perkhidmatan (GST) dalam percubaan
pengeluaran yang dilanjutkan oleh OPEC dan tinjauan pengguna berdaya tahan. Oleh itu, momentum positif untuk menyamakan kadar cukai. Pembaharuan cukai
masa depan permintaan yang bertambah baik apabila kemungkinan akan berterusan buat sekurang-kurangnya Pendapatan Korporat Adalah Teguh di Filipina menolong melonjakkan indeks itu ke paras
pemulihan pertumbuhan global terus berjalan. Sebagai separuh pertama 2018 walaupun ada kemungkinan kadar Tonggak pertama yang menyokong prestasi tinggi ekuiti di tertinggi pernah dicatatkan; pembaharuan keselamatan
salah satu daripada segelintir penerima manfaat bersih akan dinaikkan di Malaysia dan Pilihan Raya Umum mana-mana saja tahun lepas adalah pendapatan korporat. sosial di Brazil pula berada pada kedudukan terpenting
daripada harga minyak yang lebih tinggi di rantau ini, mungkin diadakan. Kami secara umumnya positif tentang Pertumbuhan dalam pendapatan korporat yang diukur dalam perundangan.
ringgit Malaysia naik mendadak menjelang akhir suku pasaran, namun memandangkan pemulihan baru-baru ini, oleh Perolehan Sesaham (EPS) meningkat sebanyak
ke-4 untuk ditutup pada paras RM4.046/USD. Indeks kami terus bersikap berpilih-pilih, lebih suka memfokus kira-kira 14% pada tahun 2017 di Pasaran Maju (PM). Bahkan, titik data makroekonomi yang positif bagi tahun
Komposit Kuala Lumpur FTSE Bursa Malaysia (IKKL FBM) kepada saham yang mempunyai asas dan prospek yang Tetapi angka pertumbuhan yang mantap itu jauh kurang 2017 hampir tidak berkesudahan.
menyaksikan beberapa perubahan pada juzuknya dengan kukuh tetapi mempunyai penilaian yang berpatutan. memberangsangkan jika dibandingkan dengan PSM
kemasukan Nestle, Press Metal, Sime Darby Plantations, yang menyaksikan EPS meningkat besar puratanya 23% Kecairan Kekal Melimpah
manakala Westport, Sime Darby Property, IJM dan BAT TINJAUAN PASARAN EKUITI GLOBAL menurut analisis JP Morgan. Ini membawa kita kepada sebab ketiga bagi prestasi ekuiti
dikeluarkan. KLCI mengakhiri suku ke-4 pada paras Mengapa Tahun 2017 Sangat Baik Bagi Ekuiti yang memberangsangkan pada tahun 2017, iaitu kecairan.
tertinggi baharu disebabkan aktiviti menghias akaun Pada tahun 2017, pertumbuhan ekonomi global adalah Menyokong pendapatan korporat yang kukuh adalah Pada tahun 2017, bank-bank pusat terus menjadi pembeli
atau window dressing. mantap, berpanjangan dan tersebar luas. Risiko politik tonggak utama pertumbuhan ekonomi yang luas. bersih bon, terutamanya dalam pasaran besar Eropah dan
terus rendah meskipun ia menguasai tajuk-tajuk berita, Menurut Dana Kewangan Antarabangsa, pada tahun Jepun, dan ini bermakna terdapat banyak wang untuk
IKKL FBM menutup tahun dalam tinjauan pada paras dan kemeruapan dalam pasaran ekuiti adalah pada paras 2016, pertumbuhan global adalah di bawah 3%. Bagi dilaburkan dalam pasaran ekuiti.
1,796.81 mata, meningkat 9.45%. Indeks EMAS FTSE terendah. Hasilnya merupakan tahun yang cemerlang tahun 2017, ia kemungkinan berada dalam lingkungan
Bursa Malaysia EMAS (EMAS FBM) yang lebih luas bagi ekuiti dengan aset di seluruh dunia dan spektrum 3.6% – kadar terpantas yang dunia telah saksikan sejak Dinamik dalam PSM adalah berbeza dengan beberapa
menutup tempoh dalam tinjauan lebih tinggi sebanyak pelaburan menyaksikan peningkatan. Ekuiti Pasaran tahun 2011 semasa ia masih sedang pulih daripada krisis bank pusat masih menguruskan untuk mengurangkan
12.87%. Indeks MSCI Asia Pacific Kecuali Jepun meningkat Sedang Muncul (PSM) dan Asia khususnya mendahului kewangan – dan ia meramalkan 3.7% bagi tahun 2018. kadar faedah. Di China, kecairan terus melimpah meskipun
sebanyak 38.71% dalam mata wang sebutan USD. pasaran lain. kerajaan memperkenalkan beberapa langkah untuk
Pembaharuan, Pembaharuan, Pembaharuan mengurangkannya terutamanya dalam mula mengawal
Tinjauan Masa Depan Pasaran Ekuiti Namun apa yang menjadikan tahun 2017 istimewa adalah Bagi PSM, penekanan adalah juga kepada inflasi yang selia sistem perbankan bayangannya dan menyahleveraj
Pemulihan global yang segerak nampaknya bertambah kualiti peningkatan. Dengan kata lain, peningkatan rendah, angka perkilangan yang kukuh serta pemulihan (deleveraging) tumpukan hutangnya yang besar.
pesat didorong oleh usaha berterusan oleh Presiden ekuiti tahun 2017 disokong oleh pendapatan korporat dalam harga komoditi. Walau bagaimanapun di sini,
Trump AS untuk meluluskan cadangan pembaharuan yang teguh dan pertumbuhan ekonomi yang kukuh. pembaharuan juga tidak kurang pentingnya, dan hampir Ini cukup untuk menghentikan pertambahan hutang –
cukai dan bank-bank pusat utama terus beransur-ansur Bandingkan ini dengan ‘pemulihan’ tahun 2003 dan 2009 di mana saja, ekonomi membangun di dunia bergerak bahkan sedikit sebanyak ia mula menurun – dan juga cukup
keluar daripada dasar kewangan yang akomodatif. ketika pasaran melantun daripada paras terendah, atau ke hadapan. untuk menggalakkan pasaran saham kerana ia meyakinkan
pelabur bahawa kerajaan tidak akan membenarkan kecairan
yang berleluasa, yang dibina atas kredit semata-mata, untuk
memperkukuhkan prestasi ekuiti.
TI N JA U A N & M AS A DEPAN PE L A B U R A N (S AMB.)
Peningkatan Pasaran Saham (Hampir) Di Mana Korea yang masing-masing meningkat 92% dan 64%, pengeluaran, keputusan yang menyebabkan Brent ia tidak menambah kepada keuntungan korporat
Saja manakala saham budi bicara pengguna dan insurans meningkat lebih daripada 20% pada tahun itu (atau pendasar, namun ia tetap merupakan sokongan dan
Hasil daripada keadaan yang penuh kemelut ini ialah China hampir tidak mengalami tahun yang buruk dengan peningkatan hampir 50% pada separuh kedua tahun bertanggungjawab terhadap putaran sektor yang beralih
pasaran ekuiti di seluruh dunia mencatatkan peningkatan setiap satunya mencatat pulangan 62%, menurut data selepas ia mencecah paras terendah pada bulan Jun). daripada teknologi dan ke dalam kitaran (termasuk bank)
yang kukuh sepanjang tahun itu. Dalam keadaan Indeks MSCI. dan lonjakan terakhir saham pada amnya di seluruh dunia.
peningkatan ini, terdapat pencatat prestasi cemerlang Tinjauan Masa Depan Pasaran Menjelang akhir tahun, ekuiti pastinya lebih mahal
dan pencatat prestasi rendah yang ketara di seluruh Kemantapan prestasi teknologi pada tahun 2017 adalah Adakah Ia Akan Berterusan? daripada pada awalnya tetapi diukur oleh nilai buku atau
dunia. Walaupun PM kukuh, yang meningkat kira-kira luar biasa tetapi tidak harus dipandang remeh kerana Bulan Disember menyaksikan pasaran ekuiti berakhir pada harga kepada perolehan, tidaklah begitu berlebih-lebihan
20%, PSM mencatatkan prestasi yang lebih tinggi dengan kekuatannya disokong bukan sahaja oleh pendapatan paras yang cukup tinggi – walau apa pun merupakan (lihat rajah di bawah).
Indeks MSCI EM meningkat 34%. Bahkan, indeks ini korporatnya tetapi juga oleh kunci kira-kira dan margin hari dagangan terakhir – apabila indeks-indeks utama
meraih prestasi yang mengatasi rakan-rakan PM-nya yang bertambah baik. Selain itu, di Asia, pemacu bagi mencecah paras tertinggi baharu pada akhir bulan itu.
dalam sepuluh bulan daripada 12 bulan. Dalam PSM, prestasi cemerlang IT ada dua: pertama ialah rantaian Pada bulan Disember, pemacu pasaran berubah lagi, MSCI Asia Ex Jpn: Nisbah PB
Asia mencatatkan prestasi yang mengatasi Amerika Latin, bekalan Apple menjelang pelancaran model baharu kali ini beralih daripada teknologi yang melonjak dan
2.2
Eropah, Timur Tengah dan Afrika (EMEA); China dan iPhone pada musim luruh; dan keduanya permintaan pertumbuhan ekonomi yang kukuh kepada potensi apa
Korea mencatatkan prestasi yang tinggi di Asia, dan Asia pelayan Dynamic Random Access Memory (DRAM) yang dapat disampaikan pada tahun 2018.
2
Tenggara (SEA) mencatatkan prestasi yang rendah. menjelang pengembangan Kecerdasan Buatan (Artificial
Intelligence) yang dijangkakan. Kedua-duanya memberi
1.8
Ini mengambil bentuk pembaharuan cukai AS, yang

Dari sudut lain, momentum mengatasi gaya lain. Saham manfaat kepada syarikat-syarikat besar IT di Asia utara, dengan hampir kesemua anggaran, boleh memberi 1.6
teknologi berada dalam kedudukan teratas dalam jadual serta menolong menjelaskan mengapa Asia utara meraih manfaat kepada banyak saham domestik AS kerana
liga sektor jauh ke hadapan disokong oleh perolehan yang prestasi cemerlang berbanding Asia Tenggara dan juga kadar cukai korporat akan dikurangkan dan tunai 1.4
kukuh. Pencatat prestasi kukuh ialah saham IT China dan PSM lain yang selebihnya. berkemungkinan diagihkan kepada pemegang
saham dalam bentuk dividen dan beli balik saham. Ia 1.2
Terdapat ilusi lain di tempat lain. Harga minyak pada sememangnya merupakan sokongan teknikal kerana
tahun 2017 disokong oleh perjanjian oleh anggota dan 1
bukan anggota Pertubuhan Negara-negara Pengeksport

2009 2010 2011 2012 2013 2014 2015 2016 2017
MSCI Asia Pac ex JPN Average +1Std Dev -1Std Dev +2Std Dev -2Std Dev
Petroleum (OPEC) pada tahun 2016 untuk mengurangkan
Tinjauan masa depan Eastspring bagi tahun 2018

memperincikan bagaimana pemacu bagi prestasi
cemerlang ekuiti pada tahun 2017 akan masih lagi ada
pada tahun 2018. Ini menunjukkan bahawa pergerakan
“Apa yang bermakna menaik belum berakhir lagi tetapi pada masa yang sama,
dalam kehidupan, terdapat pergerakan menurun yang berkemungkinan
sedang bersedia menunggu gilirannya untuk menerkam.
satu impian besar Ini bermakna melihat dengan teliti tanda-tanda inflasi,
yang kita bina bersama.” landskap geopolitik yang bertambah buruk dan kecairan
mengering, sambil juga berwaspada dengan faktor-faktor
yang tidak diketahui.
#prudreamsupporter
PRUlink funds P R E S TA S I DA N A 2 2 7
P RE S TA SI DAN A
PRUlink Asia equity fund PRUlink Asia local bond fund Subdana pendasar (Eastspring Investments Asian Equity momentum/pertumbuhan mengatasi prestasi nilai dan
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Fund) melonjak 39.3% pada tahun 2017, mencatatkan kualiti. Melalui angin haluan pelaburan nilai inilah yang
Asia equity fund ialah RM1.53528 berbanding dengan Asia local bond fund ialah RM1.93138 berbanding dengan prestasi yang lebih rendah daripada penanda arasnya subdana ini memandu arah, walau bagaimanapun, pada
RM1.25014 pada akhir tahun 2016. Bagi tempoh 1 tahun RM1.94606 pada akhir tahun 2016. Bagi tempoh 1 tahun sebanyak 2.4%. Pulangan ekuiti Asia sangat kukuh masa yang sama, terdapat tompok-tompok prestasi tinggi
dalam tinjauan, Dana ini meraih pulangan 22.81%, lebih dalam tinjauan, Dana ini meraih pulangan -0.75%, lebih sepanjang tahun itu, disokong oleh persekitaran ekonomi seperti pada tahun 2014 dan 2016. Pengurus dana juga
rendah daripada pulangan penanda aras 28.12%. rendah daripada pulangan penanda aras 0.40%. dan korporat yang bertambah baik. Pulangan penanda aras percaya subdana ini berada dalam kedudukan yang cukup
didominasi oleh beberapa saham teknologi yang sangat baik untuk mengaut peluang nilai melampau sekarang
Sejak dimulakan, Dana ini mencapai pulangan 53.53% Sejak dimulakan, Dana ini telah mencapai peningkatan mahal yang pengurus percaya berdagang pada penilaian ini. Proses pelaburan bawah ke atas yang berdisiplin dan
berbanding dengan prestasi penanda aras 131.52%. 93.14% berbanding dengan prestasi penanda aras yang tidak lestari dan justeru itu telah berwajaran kurang. ditentukan oleh nilai yang diguna pakai oleh pengurus
75.49%. dana bermakna bahawa pemilihan saham sentiasa
Subdana pendasar (Eastspring Investments Asian Equity Dalam tempoh sejak dimulakan, pasaran ekuiti Asia telah menjadi pemacu utama prestasi relatif dalam tempoh
Fund) melonjak 39.3% pada tahun 2017, mencatatkan Bagi tahun 2017, prestasi subdana pendasar (Eastspring melalui beberapa fasa yang tersendiri: tempoh pengelakan yang berpanjangan.
prestasi yang lebih rendah daripada penanda arasnya Investments Asian Local Bond Fund) sebahagian besarnya risiko apabila pasaran pulih daripada GFC dan pencarian
sebanyak 2.4%. Pulangan ekuiti Asia sangat kukuh selaras dengan penanda arasnya. Wajaran berlebihan kualiti ‘pada sebarang harga’ dan kemudian, baru-baru ini,
sepanjang tahun itu, disokong oleh persekitaran ekonomi tempoh subdana ini di Indonesia merupakan penyumbang
dan korporat yang bertambah baik. Pulangan penanda positif utama memandangkan prestasi kukuh pasaran bon
aras didominasi oleh beberapa saham teknologi yang pada tahun 2017. Selain itu, wajaran berlebihan subdana
sangat mahal yang pengurus percaya berdagang pada ini dalam rupee India dan pemilihan sekuriti yang positif
penilaian yang tidak lestari dan justeru itu telah berwajaran dalam pasaran seperti Hong Kong dan Singapura telah
kurang. Subdana ini berada dalam kedudukan yang baik menambah nilai. Namun begitu, pulangan relatif subdana “Impian tidak
untuk mengaut peluang nilai yang pengurus dana lihat ini sebahagiannya disia-siakan oleh wajaran kurang mungkin tercapai
dalam saham Asia hari ini kerana banyak yang masih lagi subdana ini dalam won Korea dan wajaran berlebihan
berdagang pada paras yang tidak mahal. dalam rupiah Indonesia. tanpa usaha anda.”
Dalam tempoh sejak dimulakan, pasaran ekuiti Asia telah #prudreamsupporter
melalui beberapa fasa yang tersendiri: tempoh pengelakan PRUlink Asia managed fund
risiko apabila pasaran pulih daripada GFC dan pencarian Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
kualiti ‘pada sebarang harga’ dan kemudian, baru-baru ini, Asia managed fund ialah RM1.97973 berbanding dengan
momentum/pertumbuhan mengatasi prestasi nilai dan RM1.71288 pada akhir tahun 2016. Bagi tempoh 1 tahun
kualiti. Melalui angin haluan pelaburan nilai inilah yang dalam tinjauan, Dana ini meraih pulangan 15.58%, lebih
subdana ini memandu arah, walau bagaimanapun, pada rendah daripada pulangan penanda aras 17.40%.
masa yang sama, terdapat tompok-tompok prestasi tinggi
seperti pada tahun 2014 dan 2016. Pengurus dana juga Sejak dimulakan, Dana ini telah mencapai peningkatan
percaya subdana ini berada dalam kedudukan yang cukup 97.97% berbanding dengan prestasi penanda aras
baik untuk mengaut peluang nilai melampau sekarang 197.29%.
ini. Proses pelaburan bawah ke atas yang berdisiplin dan
ditentukan oleh nilai yang diguna pakai oleh pengurus Bagi tahun 2017, Dana ini berwajaran berlebihan dalam
dana bermakna bahawa pemilihan saham sentiasa ekuiti dengan kira-kira 76% daripada jumlah saiz dana
menjadi pemacu utama prestasi relatif dalam tempoh dalam EIS Asia Equity fund pada akhir Disember. Pulangan
yang berpanjangan. yang lebih rendah pada tahun 2017 dan sejak dimulakan
sebahagian besarnya disebabkan oleh pendedahan dana
ini dalam Eastspring Investments Asian Equity Fund yang
mencatatkan prestasi yang lebih rendah daripada penanda
arasnya.
P RE S TA SI DAN A (SAM B. )
PRUlink Asia property securities fund PRUlink Asian multi-asset fund PRUlink dana unggul Bagi tahun 2017, subdana pendasar (Eastspring
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Investments Dragon Peacock Fund) melonjak sebanyak
Asia property securities fund ialah RM1.80449 berbanding Asian multi-asset fund ialah RM0.52694 berbanding dana unggul ialah RM3.83298 berbanding dengan 45.6%, mencatatkan prestasi yang lebih rendah daripada
dengan RM1.54955 pada akhir tahun 2016. Bagi tempoh dengan RM0.50250 pada akhir tahun 2016. Bagi tempoh RM3.45362 pada akhir tahun 2016. Bagi tempoh 1 penanda arasnya sebanyak 1.1% pada tahun itu. Subdana
1 tahun dalam tinjauan, Dana ini meraih pulangan 16.45%, 1 tahun dalam tinjauan, Dana ini meraih pulangan 4.86%, tahun dalam tinjauan, Dana ini meraih pulangan 10.98%, ini sebenarnya mengalami separuh pertama 2017 yang
lebih rendah daripada pulangan penanda aras 28.44%. lebih rendah daripada pulangan penanda aras 12.73%. mengatasi pulangan penanda aras 10.72%. kukuh apabila ia mencatatkan prestasi yang lebih tinggi
daripada penanda arasnya sebanyak 1.5% pada enam
Sejak dimulakan, Dana ini telah mencapai peningkatan Sejak dimulakan, Dana ini mencapai pulangan 5.39% Sejak dimulakan, Dana ini mencapai pulangan 283.29% bulan pertama 2017. Pada separuh kedua 2017, subdana
80.45% berbanding dengan prestasi penanda aras setahun berbanding dengan prestasi penanda aras berbanding dengan prestasi penanda aras 120.40%. ini mula meraih prestasi yang lebih rendah apabila
97.69%. 17.66% setahun. pasaran ekuiti China dan India meneruskan lonjakan
kukuhnya yang dipacu momentum apabila saham
Bagi tahun 2017, subdana pendasar (Eastspring Bagi tahun 2017 dan dalam tempoh sejak dimulakan, PRUlink dana urus berkaitan pertumbuhan di setiap negara masing-masing
Investments Asian Property Securities Fund) meraih dana sasaran pendasar (Schroder Asian Income SGD Pada 31 Disember 2017, Nilai Aset Bersih seunit mengatasi gandaan penilaian sejarahnya ketika pelabur
prestasi yang lebih rendah berbanding penanda aras Class) telah menjanakan pulangan masing-masing 8.9% PRUlink dana urus ialah RM3.25313 berbanding dengan terus membeli saham tanpa menghiraukan gandaan
disebabkan oleh tiada pendedahan kepada empat saham dan 5.5% bagi tahun 2017. Ini sejajar dengan objektifnya RM2.99142 pada akhir tahun 2016. Bagi tempoh 1 penilaiannya. Selepas mengambil untung dalam beberapa
harta spekulatif dan bergearan tinggi yang melonjak di untuk menyediakan pendapatan dan pertumbuhan modal tahun dalam tinjauan, Dana ini meraih pulangan 8.75%, saham pencapaian tinggi yang kini terlebih harga, subdana
antara 150-500%. Ini termasuk syarikat China, iaitu China dalam jangka sederhana hingga panjang. Dana sasaran mengatasi pulangan penanda aras 8.41%. ini mula mencatatkan prestasi yang lebih rendah secara
Evergrande Group, Country Garden Holdings dan Sunac tidak dikekang penanda aras. Strategi yang menekankan relatif pada suku ke-3 2017 apabila sesetengah pemilihan
China Holdings, serta pemaju harta India DLF. pendapatan lestari pada umumnya lebih stabil dalam Sejak dimulakan, Dana ini mencapai pulangan 224.86% saham di China dan India mengurangkan alfa daripada
tempoh yang lebih panjang dan tidak mencerminkan berbanding dengan prestasi penanda aras 115.20%. subdana pada sukuan itu.
kemeruapan yang besar dalam pulangannya.
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink PRUlink dana urus II PRUlink dyna growth I fund
Asian high yield bond fund ialah RM0.56814 berbanding PRUlink bond fund Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
dengan RM0.54161 pada akhir tahun 2016. Bagi tempoh Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink dana urus II ialah RM2.41319 berbanding dengan dyna growth I fund ialah RM1.01671 berbanding dengan
1 tahun dalam tinjauan, Dana ini meraih pulangan 4.90%, bond fund ialah RM3.20766 berbanding dengan RM2.19953 pada akhir tahun 2016. Bagi tempoh 1 RM1.00597 pada akhir tahun 2016. Bagi tempoh 1 tahun
lebih rendah daripada pulangan penanda aras 8.62%. RM3.07055 pada akhir tahun 2016. Bagi tempoh 1 tahun dalam tinjauan, Dana ini meraih pulangan 9.71%, dalam tinjauan, Dana ini meraih pulangan 1.07%.
tahun dalam tinjauan, Dana ini meraih pulangan 4.47%, mengatasi pulangan penanda aras 9.18%.
Sejak dimulakan, Dana ini mencapai pulangan 13.63% mengatasi pulangan penanda aras 3.10%. Sejak dimulakan, Dana ini mencapai pulangan 0.26%
berbanding dengan prestasi penanda aras 23.03%. Sejak dimulakan, Dana ini mencapai pulangan 141.32% setahun.
Sejak dimulakan, Dana ini mencapai pulangan 220.77% berbanding dengan prestasi penanda aras 98.79%.
Bagi tahun 2017, prestasi rendah subdana pendasar berbanding dengan prestasi penanda aras 118.11%.
(Eastspring Investments Asian High Yield Bond Fund) PRUlink dyna growth II fund
disebabkan terutamanya oleh pemilihan sekuriti di China PRUlink dragon peacock fund Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
dan Hong Kong, walaupun ini sebahagiannya diimbali PRUlink dana aman Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink dyna growth II fund ialah RM1.06768 berbanding dengan
oleh pemilihan kredit yang positif di India, Indonesia Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink dragon peacock fund ialah RM1.89525 berbanding RM1.03132 pada akhir tahun 2016. Bagi tempoh 1 tahun
dan Filipina. dana aman ialah RM2.40609 berbanding dengan dengan RM1.48866 pada akhir tahun 2016. Bagi tempoh dalam tinjauan, Dana ini meraih pulangan 3.53%.
RM2.30604 pada akhir tahun 2016. Bagi tempoh 1 1 tahun dalam tinjauan, Dana ini meraih pulangan 27.31%,
Dalam tempoh sejak dimulakan, prestasi relatif menerima tahun dalam tinjauan, Dana ini meraih pulangan 4.34%, lebih rendah daripada pulangan penanda aras 32.16%. Sejak dimulakan, Dana ini mencapai pulangan 1.03%
kesan negatif daripada pemilihan kredit di China dan Hong mengatasi pulangan penanda aras 3.10%. setahun.
Kong. Ini sebahagiannya diimbali oleh pemilihan kredit Sejak dimulakan, Dana ini mencapai pulangan 89.53%
yang positif di India, Indonesia dan Filipina. Sejak dimulakan, Dana ini mencapai pulangan 139.51% berbanding dengan prestasi penanda aras 92.99%.
berbanding dengan prestasi penanda aras 79.98%.
PRUlink dyna growth III fund PRUlink equity focus fund PRUlink euro equity fund PRUlink global market navigator fund
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit
dyna growth III fund ialah RM1.12969 berbanding dengan equity focus fund ialah RM0.58160 berbanding dengan euro equity fund ialah RM0.55842 berbanding dengan PRUlink global market navigator Fund ialah RM1.97979
RM1.06528 pada akhir tahun 2016. Bagi tempoh 1 tahun RM0.49085 pada akhir tahun 2016. Bagi tempoh 1 RM0.51330 pada akhir tahun 2016. Bagi tempoh 1 tahun berbanding dengan RM1.95134 pada akhir tahun 2016.
dalam tinjauan, Dana ini meraih pulangan 6.05%. tahun dalam tinjauan, Dana ini meraih pulangan 18.49%, dalam tinjauan, Dana ini meraih pulangan 8.79%, lebih Bagi tempoh 1 tahun dalam tinjauan, Dana ini meraih
mengatasi pulangan penanda aras 12.74%. rendah daripada pulangan penanda aras 15.48%. pulangan 1.46%, lebih rendah daripada pulangan penanda
Sejak dimulakan, Dana ini mencapai pulangan 1.93% aras 3.10%.
setahun. Sejak dimulakan, Dana ini mencapai pulangan 16.32% Sejak dimulakan, Dana ini mencapai pulangan 11.68%
berbanding dengan prestasi penanda aras 12.07%. berbanding dengan prestasi penanda aras 27.08% Sejak dimulakan, Dana ini mencapai pulangan 97.98%
setahun. berbanding dengan prestasi penanda aras 32.63%.
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink PRUlink equity fund Bagi tahun 2017, dana sasaran pendasar (Schroder Euro Bagi tahun 2017, subdana pendasar (Eastspring
dyna growth IV fund ialah RM1.19931 berbanding dengan Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Equity A Accumulation SGD Hedged Class) menjanakan Investments Global Market Navigator Fund) mencatatkan
RM1.10702 pada akhir tahun 2016. Bagi tempoh 1 tahun equity fund ialah RM4.43565 berbanding dengan pulangan 17.1% berbanding pulangan penanda arasnya pulangan mutlak positif 14.74% tetapi lebih rendah
dalam tinjauan, Dana ini meraih pulangan 8.34%. RM3.94880 pada akhir tahun 2016. Bagi tempoh 1 tahun 18.45%. Berwajaran berlebihan dalam sektor seperti daripada penanda aras rujukannya sebanyak -223 mata
dalam tinjauan, Dana ini meraih pulangan 12.33%, lebih bahan dan penjagaan kesihatan dan berwajaran kurang asas. Walaupun peruntukan aset telah menambah nilai –
Sejak dimulakan, Dana ini mencapai pulangan 2.90% rendah daripada pulangan penanda aras 12.74%. dalam sektor seperti ruji pengguna dan perkhidmatan melalui wajaran berlebihan ekuiti yang luas – pemilihan
setahun. telekom menyumbang secara positif kepada prestasi saham dalam ekuiti telah berkurangan. Pendedahan ekuiti
Sejak dimulakan, Dana ini mencapai pulangan 343.57% relatifnya. Walau bagaimanapun, lindung nilai mata wang terbesar subdana ini kini ialah kepada ekuiti Pelbagai
berbanding dengan prestasi penanda aras 90.54%. SGD-EUR melembapkan prestasi dana sasaran sebanyak Faktor yang telah ditukar pada bulan November daripada
PRUlink education bond fund 4.3% berbanding dengan kelas tidak dilindung nilainya. ekuiti Kemeruapan Rendah Global bagi menangani
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Prestadi Dana ini yang lebih rendah pada tahun Dalam tempoh sejak dimulakan, dana sasaran menjanakan prestasi rendah Faktor Kemeruapan Rendah berbanding
education bond fund ialah RM1.326660 berbanding 2017 berbanding dengan penanda aras terutamanya pulangan 26.2% berbanding dengan pulangan penanda dengan Indeks MSCI All Country World.
dengan RM1.2763 pada akhir tahun 2016. Bagi tempoh disebabkan oleh pemilihan saham dan wajaran kurang arasnya 27.6%. Lindung nilai mata wang SGD-EUR
1 tahun dalam tinjauan, Dana ini meraih pulangan 3.95%, dalam saham permodalan kecil hingga sederhana. melembapkan prestasi dana sasaran sebanyak 3.8% Dalam tempoh sejak dimulakan, Dana ini telah
mengatasi pulangan penanda aras 3.10%. berbanding dengan kelas tidak dilindung nilainya. mencatatkan prestasi yang lebih tinggi daripada penanda
Bagaimanapun, dalam tempoh sejak dimulakan, Dana ini arasnya.
Sejak dimulakan, Dana ini mencapai pulangan 32.67% telah mencatatkan prestasi yang nyata sekali lebih tinggi PRUlink global leaders fund
berbanding dengan prestasi penanda aras 27.26%. daripada penanda arasnya. Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
global leaders fund ialah RM0.60123 berbanding dengan PRUlink golden bond fund
RM0.55354 pada akhir tahun 2016. Bagi tempoh 1 Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
PRUlink education equity fund PRUlink equity income fund tahun dalam tinjauan, Dana ini meraih pulangan 8.62%, Golden Bond Fund ialah RM1.44154 berbanding dengan
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink mengatasi pulangan penanda aras 8.31%. RM1.38875 pada akhir tahun 2016. Bagi tempoh 1
education equity fund ialah RM1.63006 berbanding equity income fund ialah RM0.59411 berbanding dengan tahun dalam tinjauan, Dana ini meraih pulangan 3.80%,
dengan RM1.45115 pada akhir tahun 2016. Bagi tempoh RM0.52005 pada akhir tahun 2016. Bagi tempoh 1 tahun Sejak dimulakan, Dana ini mencapai pulangan 20.25% mengatasi pulangan penanda aras 3.10%.
1 tahun dalam tinjauan, Dana ini meraih pulangan 12.33%, dalam tinjauan, Dana ini meraih pulangan 14.24%, berbanding dengan prestasi penanda aras 17.96%.
lebih rendah daripada pulangan penanda aras 12.74%. mengatasi pulangan penanda aras 12.74%. Sejak dimulakan, Dana ini mencapai pulangan 44.15%
Sejak dimulakan, Dana ini mencapai pulangan 63.01% Sejak dimulakan, Dana ini mencapai pulangan 18.82%
berbanding dengan prestasi penanda aras 51.48%. berbanding dengan prestasi penanda aras 12.07%.
PRUlink golden bond fund II PRUlink Japan dynamic fund Bagi tahun 2017, wajaran berlebihan Dana ini dalam PRUlink strategic managed fund
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink ekuiti dan pulangan yang lebih rendah pada tahun 2017 Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
Golden Bond Fund II ialah RM1.21686 berbanding Japan Dynamic Fund ialah RM0.58672 berbanding sebahagian besarnya disebabkan oleh pendedahan Dana ini Strategic Managed Fund ialah RM0.51693 berbanding
dengan RM1.16058 pada akhir tahun 2016. Bagi tempoh dengan RM0.50134 pada akhir tahun 2016. Bagi tempoh dalam PRUlink equity fund (kira-kira 73% daripada jumlah dengan RM0.5000 pada tarikh permulaan Dana 10 April
1 tahun dalam tinjauan, Dana ini meraih pulangan 4.85%, 1 tahun dalam tinjauan, Dana ini meraih pulangan 17.03%, saiz dana) yang meraih prestasi yang lebih rendah daripada 2017.
mengatasi pulangan penanda aras 3.10%. lebih rendah daripada pulangan penanda aras 23.34%. penanda arasnya. Prestasi yang rendah ini disebabkan
terutamanya oleh pemilihan saham dan wajaran kurang Sejak dimulakan, Dana ini mencapai pulangan 3.39%
Sejak dimulakan, Dana ini mencapai pulangan 21.69% Sejak dimulakan, Dana ini mencapai pulangan 17.34% dalam saham permodalan kecil hingga sederhana. berbanding dengan pulangan penanda aras 4.22%.
berbanding dengan prestasi penanda aras 15.23%. berbanding dengan prestasi penanda aras 24.41%.
Dana sasaran pendasar, PRUlink bond fund, mencatatkan Dalam tempoh sejak dilancarkan, Dana ini berwajaran
Persekitaran pasaran telah tergambar dari segi prestasi pulangan 4.47% pada tahun 2017 dan mencatatkan prestasi berlebihan dalam ekuiti dan pulangan yang lebih rendah
PRUlink golden equity fund gaya pada tahun 2017 di mana gaya nilai pada umumnya yang lebih tinggi daripada penanda arasnya sebanyak itu disebabkan oleh pendedahan Dana ini dalam dana
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink ketinggalan di belakang gaya pertumbuhan. Syarikat yang 1.37% dengan wajaran berlebihan dalam bon korporat. sasaran pendasarnya, Eastspring Investments Bond
Golden Equity Fund ialah RM1.76863 berbanding dengan mempunyai pertumbuhan perolehan dan momentum Fund (kira-kira 76% daripada jumlah saiz dana) yang
RM1.54827 pada akhir tahun 2016. Bagi tempoh 1 tahun perolehan yang tinggi lebih disukai pasaran sehingga Dalam tempoh sejak dimulakan, Dana ini meraih prestasi mencatatkan prestasi yang lebih rendah daripada penanda
dalam tinjauan, Dana ini meraih pulangan 14.23%, mengorbankan penilaian. yang mengatasi penanda arasnya. arasnya. Dana sasaran ini melabur terutamanya dalam bon
mengatasi pulangan penanda aras 12.74%. korporat yang meraih prestasi yang lebih rendah daripada
Bagi tahun 2017, prestasi strategi relatif menerima penanda aras Sekuriti Kerajaan Malaysia (MGS) jangka
Sejak dimulakan, Dana ini mencapai pulangan 78.86% kesan buruk akibat mengelakkan tema-tema berkaitan PRUlink managed fund II sederhana. Kadar hasil MGS berkurangan lebih banyak
berbanding dengan prestasi penanda aras 36.47%. teknologi yang penilaiannya mahal. Pendekatan kami Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink lagi berbanding dengan kadar hasil bon korporat pada
ialah bertindak balas kepada harga dengan cara kontrari Managed Fund II ialah RM2.25207 berbanding dengan sukuan terakhir 2017 disebabkan minat belian yang kukuh
dan strategi keluar dari pemegangan berkaitan teknologi RM2.03158 pada akhir tahun 2016. Bagi tempoh 1 daripada pelabur berikutan sentimen yang bertambah
PRUlink golden equity fund II terpilih di mana penilaian menjadi kurang menarik. Dalam tahun dalam tinjauan, Dana ini meraih pulangan 10.85%, baik dan prestasi ringgit yang lebih kukuh.
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink tempoh yang sama, pemegangan yang berkeyakinan mengatasi pulangan penanda aras 10.77%.
Golden Equity Fund II ialah RM1.33252 berbanding tinggi dalam kewangan ketinggalan di belakang pasaran Dana sasaran pendasar yang lain, Eastspring Investments
dengan RM1.11617 pada akhir tahun 2016. Bagi tempoh yang melembapkan prestasi jangka pendek. Sejak dimulakan, Dana ini mencapai pulangan 125.21% Equity Income Fund, mencatatkan pulangan 14.86% pada
1 tahun dalam tinjauan, Dana ini meraih pulangan 19.38%, berbanding dengan prestasi penanda aras 94.41%. tahun 2017 dan mengatasi prestasi penanda arasnya
mengatasi pulangan penanda aras 12.74%. sebanyak 2.12%. Prestasi yang mengatasi penanda arasnya
PRUlink managed fund ini disebabkan terutamanya oleh pemilihan saham.
Sejak dimulakan, Dana ini mencapai pulangan 33.25% Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink PRUlink money market fund
berbanding dengan prestasi penanda aras 4.42%. Managed Fund ialah RM3.56427 berbanding dengan Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink
RM3.24697 pada akhir tahun 2016. Bagi tempoh 1 tahun Money Market Fund ialah RM1.25283 berbanding dengan Sumber: Eastspring Investments Berhad, Eastspring
dalam tinjauan, Dana ini meraih pulangan 9.77%, lebih RM1.21596 pada akhir tahun 2016. Bagi tempoh 1 tahun Investments (Singapore) Limited
PRUlink golden managed fund rendah daripada pulangan penanda aras 9.80%. dalam tinjauan, Dana ini meraih pulangan 3.03%, lebih
Pada 31 Disember 2017, Nilai Aset Bersih seunit PRUlink rendah daripada pulangan penanda aras 3.05%.
Golden Managed Fund ialah RM1.18734 berbanding Sejak dimulakan, Dana ini mencapai pulangan 256.43%
dengan RM1.11918 pada akhir tahun 2016. Bagi tempoh berbanding dengan prestasi penanda aras 148.63%. Sejak dimulakan, Dana ini mencapai pulangan 25.28%
1 tahun dalam tinjauan, Dana ini meraih pulangan 6.09%, berbanding dengan prestasi penanda aras 19.57%.
mengatasi pulangan penanda aras 4.99%.
Sejak dimulakan, Dana ini mencapai pulangan 18.73%

PRUlink funds S O R OTA N KE WA N G A N 2 3 1
S OROTA N KEWAN GAN

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember
PRUlink equity fund

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Ekuiti
Automotif 0.21 0.74 1.24 2.20 0.78
Perbankan & Kewangan 28.47 28.09 25.80 27.05 26.49
Bahan Binaan - 0.13 0.17 0.19 0.18
Konglomerat 5.34 7.62 7.12 7.29 6.79
Pembinaan 3.28 3.14 3.20 3.33 2.29
Barangan Pengguna 1.77 2.16 2.41 4.06 2.15
Perjudian 6.34 5.56 4.44 4.61 7.73
Penjagaan Kesihatan 4.39 5.12 5.41 - -
Pembuatan 0.47 - - 0.89 -
Media 0.11 0.71 0.67 0.69 0.54
Minyak & Gas 8.02 8.75 8.93 8.57 13.23
Perladangan 7.80 5.54 5.15 5.39 5.40
Kuasa 9.23 9.09 8.73 7.89 6.56
Harta 4.68 6.67 6.29 6.75 5.69
Perkhidmatan - - - - -
Teknologi 2.27 0.38 0.43 0.08 0.16
Telekomunikasi 10.09 12.39 14.73 16.37 13.64
Pengangkutan 3.43 2.49 2.87 2.03 0.87
95.90 98.58 97.59 97.39 92.50
Tunai dan Deposit 5.50 1.96 3.80 4.00 8.79

Aset Lain 0.20 0.37 0.22 0.26 0.27
Jumlah Liabiliti (1.60) (0.91) (1.61) (1.65) (1.56)
Jumlah 100.00 100.00 100.00 100.00 100.00
S OROTA N KEWAN GAN (SAMB.)

PRUlink equity fund

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Jumlah Nilai Aset Bersih (RM) 9,969,353,636 8,551,734,738 8,449,293,405 8,054,435,890 7,764,580,770
Unit dalam Edaran 2,247,711,595 2,165,737,878 2,116,026,648 2,011,189,523 1,867,031,403
NAB Seunit (RM) 4.435 3.949 3.993 4.005 4.159
NAB Tertinggi Seunit (RM) 4.436 4.075 4.254 4.249 4.163
NAB Terendah Seunit (RM) 3.937 3.811 3.609 3.822 3.592
Jumlah Pulangan (+)
-Pertumbuhan Modal 12.33% (1.11%) (0.30%) (3.70%) 11.54%

-Agihan Pendapatan - - - - -
Pulangan Tahunan Purata-Dana(+)

Tempoh
Satu tahun 12.33%
Tiga tahun 3.47%
Lima tahun 3.53%
Pulangan Tahunan Purata-Penanda Aras:

Indeks Top 100 FTSE Bursa Malaysia (FBM100)
Tempoh
Satu tahun 12.74%
Tiga tahun 2.21%
Lima tahun 2.22%
Prestasi PRUlink equity fund

(Sejak Dimulakan)
PRUlink equity fund berbanding Indeks Top 100 FTSE Bursa Malaysia (FBM100)
350.00 350.00
330.00 330.00
310.00 310.00
290.00 290.00
270.00 270.00
250.00 250.00
230.00 230.00
210.00 210.00
190.00 190.00
170.00 170.00
SI % Perubahan
150.00 150.00
130.00 130.00
110.00 110.00
90.00 90.00
70.00 70.00
50.00 50.00
30.00 30.00
10.00 10.00
(10.00) (10.00)
(30.00) (30.00)
(50.00) (50.00)
(70.00) (70.00)
(90.00) (90.00)
7
98
06
06
09
11
12
13
15
17
17
l-9
-9
-0
s-0
-0
-0
l-0
-0
-0
-0
r-1
-1
l-1
r-1
ei-
ei-
n-
v-
n-
b-
v-
p-
n-
b-
s-
ac
kt
go
ac
kt
go
n
Ju
Ju
Ju
Ap
Ap
Di
Di
No
No
Ja
Ju
Ja
Ju
Fe
Fe
Se
Fe
M
M
O
O
M
M
O
Tarikh
PEF FBM100
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan

Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas tidak membayangkan prestasi masa depan.
S OROTA N KEWAN GAN

PRUlink bond fund

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Sekuriti Pendapatan Tetap:
-Bon/Sekuriti Korporat 97.12 97.08 95.72 97.29 99.60
Aset Lain 1.07 1.06 0.98 0.97 0.99
Jumlah 100.00 100.00 100.00 100.00 100.00
Unit dalam Edaran 485,890,618 862,505,494 879,197,948 830,980,959 770,670,071
NAB Seunit (RM) 3.208 3.071 2.940 2.836 2.741
Jumlah Pulangan(+)
-Pertumbuhan Modal 4.48% 4.46% 3.67% 3.45% 2.17%

Tempoh
Satu tahun 4.48%
Tiga tahun 4.19%
Lima tahun 3.64%

Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
Tempoh
Satu tahun 3.10%
Tiga tahun 3.20%
Lima tahun 3.20%
Prestasi PRUlink bond fund

(Sejak Dimulakan)
PRUlink bond fund berbanding Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
220.00 220.00
195.00 195.00
170.00 170.00
145.00 145.00
SI % Perubahan
120.00 120.00
95.00 95.00
70.00 70.00
45.00 45.00
20.00 20.00
(5.00) (5.00)
7
98
04
06
12
12
15
7
3
l-9
r-9
-0
s-0
-0
-0
l-0
-0
s-0
-0
-0
r-1
-1
l-1
r-1
-1
s-1
-1
n-
ei-
n-
n-
n-
v-
ei-
b
kt
ac
kt
go
b
p
Ju
Ju
Ju
Ap
Ap
Ap
Di
Di
Di
No
Ju
Ja
Ju
Ja
Fe
Se
Fe
Fe
Se
M
M
O
O
M
O
Tarikh
PBF 12M MBB T1 FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Tunai dan Deposit - - - - -
Aset Lain 0.08 - - - -
Jumlah Liabiliti (0.10) - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 3.564 3.247 3.235 3.213 3.271
Jumlah Pulangan (+)
-Pertumbuhan Modal 9.77% 0.36% 0.68% (1.78%) 8.21%


Tempoh
Satu tahun 9.77%
Tiga tahun 3.52%
Lima tahun 3.35%

70% Indeks Top 100 FTSE Bursa Malaysia (FBM100) + 30% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
Tempoh
Satu tahun 9.80%
Tiga tahun 2.58%
Lima tahun 2.58%
Prestasi PRUlink managed fund

(Sejak Dimulakan)
PRUlink managed fund berbanding 70% Indeks Top FTSE Bursa Malaysia (FBM 100) + 30% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
300.00 300.00
270.00 270.00
240.00 240.00
210.00 210.00
180.00 180.00
SI % Perubahan
150.00 150.00
120.00 120.00
90.00 90.00
60.00 60.00
30.00 30.00
0.00 0.00
(30.00) (30.00)
9
00
02
02
03
04
06
06
08
10
11
12
15
16
7
9
r-0
r-0
-0
-0
-1
-1
s-1
-1
-1
s-1
p-
n-
n-
v-
p-
n-
n-
v-
n-
n-
ei-
ei-
go
ac
kt
go
ac
kt
go
ac
Ap
Ap
Di
Di
No
No
Ju
Ja
Ju
Ja
Ju
Ja
Se
Se
M
O
O
M
M
O
O
Tarikh
PMF 70% (FBM 100) & 30% 12M MBB T1 FD Rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Tunai di Bank - - - - -
Aset Lain - - - - -
Jumlah Liabiliti - - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 1,305,133,400 1,087,136,735 978,088,433 870,619,126 745,119,419
NAB Seunit (RM) 2.252 2.032 2.030 2.019 2.063
Jumlah Pulangan (+)
-Pertumbuhan Modal 10.85% 0.06% 0.54% (2.14%) 9.51%


Tempoh
Satu tahun 10.85%
Tiga tahun 3.71%
Lima tahun 3.64%

80% Indeks Top 100 FTSE Bursa Malaysia (FBM 100) + 20% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
Tempoh
Satu tahun 10.77%
Tiga tahun 2.46%
Lima tahun 2.46%
Prestasi PRUlink managed fund II

(Sejak Dimulakan)
PRUlink managed fund II berbanding 80% Indeks Top 100 FTSE Bursa Malaysia (FBM 100) +
20% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
130.00 130.00
110.00 110.00
90.00 90.00
SI % Perubahan
70.00 70.00
50.00 50.00
30.00 30.00
10.00 10.00
(10.00) (10.00)
6
07
08
09
11
13
15
17
7
-0
r-0
s-0
l-1
-1
r-1
-1
s-1
-1
-1
-1
-1
s-1
b-
p-
v-
n-
p-
ei-
n-
ei-
go
kt
go
ac
kt
Ju
Ju
Ap
Ap
Di
Di
Di
No
Ju
Ja
Fe
Se
Fe
Se
M
O
O
M
O
O
Tarikh
PMF II 80% FBM 100 & 20% 12M MBB T1 FD Rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
PRUlink equity fund - - 100.00 100.00 100.00
PRUlink equity income fund 99.75 100.00 - - -
Tunai di Bank - - - - -
Aset Lain 0.25 - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 459,046,659 360,578,169 331,826,580 279,757,602 245,100,416
NAB Seunit (RM) 1.769 1.548 1.566 1.571 1.631
Jumlah Pulangan (+)


Tempoh
Satu tahun 14.23%
Tiga tahun 4.04%
Lima tahun 3.88%

Tempoh
Satu tahun 12.74%
Tiga tahun 2.21%
Lima tahun 2.22%
Prestasi PRUlink golden equity fund

(Sejak Dimulakan)
PRUlink golden equity fund berbanding Indeks Top 100 FTSE Bursa Malaysia (FBM 100)
100.00 100.00
90.00 90.00
80.00 80.00
70.00 70.00
60.00 60.00
50.00 50.00
SI % Perubahan
40.00 40.00
30.00 30.00
20.00 20.00
10.00 10.00
0.00 0.00
(10.00) (10.00)
(20.00) (20.00)
(30.00) (30.00)
(40.00) (40.00)
(50.00) (50.00)
07
08
09
10
10
12
13
15
7
l-0
-1
-1
-1
-1
-1
-1
-1
s-1
v-
n-
n-
b-
p-
ei-
v-
n-
p-
ei-
ac
kt
go
kt
Ju
Ap
Di
No
No
Ju
Ja
Ju
Ja
Fe
Se
Fe
Se
M
M
O
O
M
O
Tarikh
PGE FBM100

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
PRUlink bond fund - 100.00 100.00 100.00 100.00
Eastspring Investments - Asian High Yield Bond Fund Class D 1.93 - - - -
-Bon/Sekuriti Korporat 93.88 - - - -
Tunai dan Deposit 3.06 - - - -
Aset Lain 1.22 - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 1,188,356,478 1,062,765,859 937,773,679 758,779,029 580,107,496
NAB Seunit (RM) 1.442 1.389 1.336 1.295 1.259
Jumlah Pulangan (+)



Pulangan Tahunan Purata-Dana (+)
Tempoh
Satu tahun 3.82%
Tiga tahun 3.63%
Lima tahun 3.09%

Tempoh
Satu tahun 3.10%
Tiga tahun 3.20%
Lima tahun 3.20%
Prestasi PRUlink golden bond fund

(Sejak Dimulakan)
PRUlink golden bond fund berbanding Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
50.00 50.00
45.00 45.00
40.00 40.00
35.00 35.00
30.00 30.00
SI % Perubahan
25.00 25.00
20.00 20.00
15.00 15.00
10.00 10.00
5.00 5.00
0.00 0.00
(5.00) (5.00)
07
08
09
10
10
12
13
14
14
15
15
17
7
l-0
-1
-1
r-1
-1
s-1
v-
n-
n-
b-
p-
ei-
v-
n-
n-
b-
p-
ei-
ac
kt
go
kt
Ju
Ap
Di
No
No
Ju
Ja
Ju
Ja
Fe
Se
Fe
Se
M
M
O
O
M
O
Tarikh
PGB 12M MBB T1 FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
PRUlink golden equity fund 23.57 18.77 19.37 17.74 21.49
PRUlink golden bond fund 76.43 81.23 80.63 82.26 78.51
Aset Lain 0.06 - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.187 1.119 1.088 1.061 1.044
Jumlah Pulangan (+)


Tempoh
Satu tahun 6.09%
Tiga tahun 3.82%
Lima tahun 3.35%

20% Indeks Top 100 FTSE Bursa Malaysia (FBM100) + 80% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
Tempoh
Satu tahun 4.99%
Tiga tahun 3.06%
Lima tahun 3.05%
Prestasi PRUlink golden managed fund

(Sejak Dimulakan)
PRUlink golden managed fund berbanding 20% Indeks Top 100 FTSE Bursa Malaysia (FBM 100) +
20.00 20.00
18.00 18.00
16.00 16.00
14.00 14.00
12.00 12.00
SI % Perubahan
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
(2.00) (2.00)
2
13
15
15
17
17
17
7
-1
-1
-1
s-1
r-1
l-1
-1
-1
s-1
r-1
l-1
-1
s-1
ei-
ei-
p-
b-
ei-
p-
kt
kt
kt
Ju
Ju
Ap
Ap
Di
Di
Di
Fe
Se
Fe
Se
Fe
Se
M
M
O
O
Tarikh
PGM 20% FBM 100 & 80% 12M MBB TI FD Rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Aset Lain 0.03 - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
Unit dalam Edaran 2,246,217 1,933,394 1,600,294 1,257,138 966,581
NAB Seunit (RM) 1.630 1.451 1.467 1.472 1.528
Jumlah Pulangan(+)

Tempoh
Satu tahun 12.33%
Tiga tahun 3.47%
Lima tahun 3.53%

Tempoh
Satu tahun 12.74%
Tiga tahun 2.21%
Lima tahun 2.22%
Prestasi PRUlink education equity fund

(Sejak Dimulakan)
PRUlink education equity fund berbanding Indeks Top 100 FTSE Bursa Malaysia (FBM 100)
66.00 66.00
60.00 60.00
54.00 54.00
48.00 48.00
42.00 42.00
SI % Perubahan
36.00 36.00
30.00 30.00
24.00 24.00
18.00 18.00
12.00 12.00
6.00 6.00
0.00 0.00
(6.00) (6.00)
10
11
15
16
17
7
0
15
16
-1
-1
-1
r-1
-1
-1
-1
s-1
-1
p-
p-
v-
ei-
ei-
v-
ei-
ac
ac
kt
kt
kt
ac
Ap
Ap
Di
No
No
Se
Se
M
O
O
M
M
M
Tarikh
PEEF FBM100

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Aset Lain 0.02 - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.327 1.276 1.228 1.191 1.157
Jumlah Pulangan(+)

Tempoh
Satu tahun 3.94%
Tiga tahun 3.67%
Lima tahun 3.12%

Tempoh
Satu tahun 3.10%
Tiga tahun 3.20%
Lima tahun 3.20%
Prestasi PRUlink education bond fund

(Sejak Dimulakan)
PRUlink education bond fund berbanding Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
35.00 35.00
32.50 32.50
30.00 30.00
27.50 27.50
25.00 25.00
22.50 22.50
SI % Perubahan
20.00 20.00
17.50 17.50
15.00 15.00
12.50 12.50
10.00 10.00
7.50 7.50
5.00 5.00
2.50 2.50
0.00 0.00
0
5
10
11
12
15
16
16
17
7
-1
-1
r-1
-1
1
-1
-1
r-1
s-1
ei-
p-
p-
p-
v-
ei-
v-
ei-
b
kt
ac
ac
kt
Ap
Ap
Di
No
No
Fe
Se
Se
Se
M
O
O
M
Tarikh
PEBF 12M MBB T1 FD rate

S OROTA N KEWAN GAN

PRUlink dana unggul

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Ekuiti
Automotif - 1.54 2.05 4.52 4.23
Perbankan & Kewangan 4.23 4.45 - - -
Bahan Binaan - 0.47 - - -
Konglomerat 8.11 10.25 9.98 10.36 8.29
Pembinaan 5.55 3.94 3.42 4.61 5.20
Barangan Pengguna 3.71 3.19 3.35 7.63 2.89
Kewangan - - 4.05 3.54 3.05
Insurans - - - - 1.42
Pembuatan 3.68 - - 1.87 0.84
Media - - - 0.21 0.15
Minyak & Gas 18.38 14.21 11.10 11.66 22.44
Perladangan 11.26 9.59 5.62 8.16 8.27
Kuasa 9.85 10.84 11.53 10.71 9.77
Harta 6.82 6.81 6.66 7.18 3.15
Perkhidmatan 0.16 - - - -
Teknologi 6.62 0.99 2.32 1.27 1.19
Telekomunikasi 8.20 17.33 22.31 23.68 24.34
Pengangkutan 4.45 5.00 5.56 3.55 1.53
96.99 97.56 98.75 98.94 96.76

Aset Lain 0.21 0.50 0.35 0.43 0.37
Jumlah 100.00 100.00 100.00 100.00 100.00

PRUlink dana unggul

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
NAB Seunit (RM) 3.833 3.453 3.607 3.411 3.419
Jumlah Pulangan(+)
-Pertumbuhan Modal 10.98% (4.25%) 5.75% (0.23%) 16.17%

Tempoh
Satu tahun 10.98%
Tiga tahun 3.96%
Lima tahun 5.42%

Indeks Syariah Emas FTSE-Bursa Malaysia (FBMSHA)
Tempoh
Satu tahun 10.72%
Tiga tahun 2.08%
Lima tahun 2.92%
Prestasi PRUlink dana unggul

(Sejak Dimulakan)
PRUlink dana unggul berbanding Indeks Syariah Emas FTSE Bursa Malaysia (FBMSHA)
300.00 300.00
250.00 250.00
200.00 200.00
SI % Perubahan
150.00 150.00
100.00 100.00
50.00 50.00
0.00 0.00
(50.00) (50.00)
13
16
17
0
02
05
08
08
10
-1
-1
s-1
-1
-1
-0
-0
-0
-0
-0
-0
-1
s-1
ei-
v-
ei-
v-
ei-
b-
v-
ei-
n-
n-
s-
p
ac
ac
go
go
go
go
ac
Di
Di
Di
No
No
No
Ju
Ju
Fe
Fe
Fe
Se
Se
M
M
O
O
Tarikh
PDU FBMSHA

S OROTA N KEWAN GAN

PRUlink dana aman

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Aset Lain 0.98 1.08 1.10 1.08 1.10
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 2.407 2.306 2.212 2.136 2.055
Jumlah Pulangan(+)

Tempoh
Satu tahun 4.35%
Tiga tahun 4.05%
Lima tahun 3.45%

Tempoh
Satu tahun 3.10%
Tiga tahun 3.20%
Lima tahun 3.20%
Prestasi PRUlink dana aman

(Sejak Dimulakan)
PRUlink dana aman berbanding Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
140.00 140.00
120.00 120.00
100.00 100.00
SI % Perubahan
80.00 80.00
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
15
16
7
0
01
02
04
05
07
08
10
12
4
-0
-0
-0
-0
-0
-0
-0
-1
s-1
-1
-1
s-1
-1
s-1
ei-
v-
ei-
v-
ei-
v-
ei-
p-
p-
n-
go
go
go
go
ac
ac
ac
Di
Di
Di
No
No
No
Ju
Ju
Fe
Fe
Fe
Se
Se
M
M
O
O
Tarikh
PDA 12M MBB T1 FD rate

S OROTA N KEWAN GAN

PRUlink dana urus

Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Aset Lain 0.09 - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 3.253 2.991 3.046 2.911 2.888
Jumlah Pulangan(+)
-Pertumbuhan Modal 8.75% (1.81%) 4.64% 0.80% 11.06%

Tempoh
Satu tahun 8.75%
Tiga tahun 3.77%
Lima tahun 4.58%

70% Indeks Syariah Emas FTSE-Bursa Malaysia (FBMSHA) + 30% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
Tempoh
Satu tahun 8.41%
Tiga tahun 2.49%
Lima tahun 3.08%
Prestasi PRUlink dana urus

(Sejak Dimulakan)
PRUlink dana urus fund berbanding 70% Indeks Syariah Emas FTSE Bursa Malaysia (FBMSHA) +
240.00 240.00
220.00 220.00
200.00 200.00
180.00 180.00
160.00 160.00
140.00 140.00
SI % Perubahan
120.00 120.00
100.00 100.00
80.00 80.00
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
(40.00) (40.00)
0
01
09
2
03
03
04
06
08
08
11
15
7
-0
-0
l-0
-0
l-1
-1
s-1
-1
-1
r-1
-1
s-1
ei-
p-
n-
n-
v-
p-
ei-
n-
v-
ei-
go
b
ac
ac
kt
go
b
Ju
Ju
Ap
Di
Di
No
No
Ju
Ja
Ja
Se
Fe
Se
Fe
M
O
M
M
O
O
Tarikh
PDUrus 70%FBMSHA & 30%12M MBB T1 FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Aset Lain - - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 2.413 2.200 2.256 2.143 2.127
Jumlah Pulangan (+)
-Pertumbuhan Modal 9.71% (2.52%) 5.27% 0.74% 12.90%


Tempoh
Satu tahun 9.71%
Tiga tahun 4.04%
Lima tahun 5.08%

80% Indeks Syariah Emas FTSE-Bursa Malaysia (FBMSHA) + 20% Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
Tempoh
Satu tahun 9.18%
Tiga tahun 2.36%
Lima tahun 3.03%
Prestasi PRUlink dana urus II

(Sejak Dimulakan)
PRUlink dana urus II fund berbanding 80% Indeks Syariah Emas FTSE Bursa Malaysia (FBMSHA) +
160.00 160.00
140.00 140.00
120.00 120.00
100.00 100.00
SI % Perubahan
80.00 80.00
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
6
08
11
13
13
14
16
7
-0
-0
-0
s-0
l-0
-1
-1
s-1
l-1
s-1
-1
-1
r-1
s-1
ei-
ei-
b-
p-
ei-
p-
go
ac
kt
ac
kt
b
Ju
Ju
Ju
Ap
Di
Di
Di
Di
Fe
Se
Fe
Se
M
M
O
O
M
M
O
Tarikh
PDUrusII 80%FBMSHA & 20%12M MBB T1 FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Asian Bond Fund 24.26 25.21 27.60 22.05 30.74
Aset Lain - - - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.980 1.713 1.583 1.484 1.320
Jumlah Pulangan (+)


Tempoh
Satu tahun 15.57%
Tiga tahun 10.08%
Lima tahun 8.97%

70% Indeks MSCI Asia Kecuali Jepun + 30% Indeks JP Morgan Asia Credit
Tempoh
Satu tahun 17.40%
Tiga tahun 14.78%
Lima tahun 13.35%
Prestasi PRUlink Asia managed fund

(Sejak Dimulakan)
PRUlink Asia managed fund berbanding 70% Indeks MSCI Asia Kecuali Jepun +
30% Indeks JP Morgan Asia Credit
210.00 210.00
180.00 180.00
150.00 150.00
120.00 120.00
SI % Perubahan
90.00 90.00
60.00 60.00
30.00 30.00
0.00 0.00
(30.00) (30.00)
06
07
07
10
10
11
13
14
14
17
l-0
r-0
s-0
-0
s-1
l-1
-1
-1
-1
1
v-
b-
p-
b-
p-
ei-
b-
p-
ei-
s-
ei-
s-
l
kt
Ju
Ju
Ju
Ju
Ap
Di
Di
Di
Di
No
Fe
Se
Fe
Se
Fe
Se
Fe
M
M
O
Tarikh
PAMF 70%MSCI & 30% JP MORGAN

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Asian Property Securities Fund 104.36 104.42 105.70 105.15 102.19
Tunai dan Deposit 0.31 0.09 0.09 0.18 -
Aset Lain 0.11 0.04 - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.804 1.549 1.475 1.244 1.040
Jumlah Pulangan(+)
-Pertumbuhan Modal 16.45% 5.03% 18.59% 19.66% (0.73%)

Tempoh
Satu tahun 16.45%
Tiga tahun 13.20%
Lima tahun 11.49%

GPR-Indeks Harta Khas Asia Pasifik (Kecuali Jepun)
Tempoh
Satu tahun 28.44%
Tiga tahun 18.22%
Lima tahun 14.56%
Prestasi PRUlink Asia property securities fund

(Sejak Dimulakan)
PRUlink Asia property securities fund berbanding GPR - Customised Asia Pac (Ex-Japan) Property Index
100.00 100.00
80.00 80.00
60.00 60.00
40.00 40.00
SI % Perubahan
20.00 20.00
0.00 0.00
(20.00) (20.00)
(40.00) (40.00)
(60.00) (60.00)
8
09
10
11
15
15
16
16
7
-0
-0
-0
-1
-1
r-1
-1
-1
-1
r-1
-1
s-1
p-
p-
p-
v-
ei-
v-
ei-
v-
b
go
ac
ac
kt
kt
n
Ap
Ap
Ap
Di
No
No
No
Ju
Fe
Fe
Se
Se
Se
M
O
O
M
M
O
Tarikh
PAPS GPR

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Asian Local Bond Fund 101.10 100.85 99.51 101.63 100.80
Aset Lain - 0.07 1.86 - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.931 1.946 1.814 1.557 1.402
Jumlah Pulangan(+)
-Pertumbuhan Modal (0.76%) 7.29% 16.50% 11.10% (1.52%)

Tempoh
Satu tahun (0.76%)
Tiga tahun 7.45%
Lima tahun 6.30%

Markit iBoxx ALBI ex-China Onshore ex China Offshore ex-Taiwan Net of Tax Custom Index
Tempoh
Satu tahun 0.40%
Tiga tahun 7.98%
Lima tahun 6.79%
Prestasi PRUlink Asia local bond fund

(Sejak Dimulakan)
PRUlink Asia local bond fund berbanding Markit iBoxx ALBI ex-China Onshore ex-China Offshore ex-Taiwan Net of Tax Custom Index
110.00 110.00
100.00 100.00
90.00 90.00
80.00 80.00
70.00 70.00
SI % Perubahan
60.00 60.00
50.00 50.00
40.00 40.00
30.00 30.00
20.00 20.00
10.00 10.00
0.00 0.00
(10.00) (10.00)
08
09
10
10
12
14
12
13
17
7
-0
-1
l-1
s-1
r-1
-1
-1
-1
l-1
s-1
p-
b-
n-
n-
v-
ei-
n-
n-
p-
b-
v-
go
kt
ac
kt
ac
go
Ju
Ju
Ap
Di
Di
No
No
Ja
Ju
Ju
Ja
Se
Fe
Se
Fe
M
O
M
M
O
O
Tarikh
PALB Markit iBoxx

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Global Market Navigator Fund 101.95 104.01 101.99 104.12 102.24
Aset Lain 0.50 - 0.05 - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.980 1.951 1.767 1.504 1.409
Jumlah Pulangan(+)

Tempoh
Satu tahun 1.45%
Tiga tahun 9.59%
Lima tahun 10.42%

Tempoh
Satu tahun 3.10%
Tiga tahun 3.20%
Lima tahun 3.20%
Prestasi PRUlink global market navigator fund

(Sejak Dimulakan)
PRUlink global market navigator fund berbanding Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
110.00 110.00
100.00 100.00
90.00 90.00
80.00 80.00
70.00 70.00
SI % Perubahan
60.00 60.00
50.00 50.00
40.00 40.00
30.00 30.00
20.00 20.00
10.00 10.00
0.00 0.00
08
10
10
11
13
14
16
17
7
r-0
-0
s-1
l-1
-1
-1
-1
r-1
s-1
p-
ei-
v-
n-
n-
b-
p-
v-
ei-
kt
go
ac
kt
Ju
Ap
Ap
Di
Di
No
No
Ju
Ja
Se
Fe
Se
M
M
O
O
M
O
Tarikh
PGMN 12M MBB T1 FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Dragon Peacock Fund 100.53 101.00 100.69 102.84 100.80
Aset Lain 0.22 0.45 - - -
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.895 1.489 1.374 1.190 1.000
Jumlah Pulangan(+)

Tempoh
Satu tahun 27.31%
Tiga tahun 16.79%
Lima tahun 14.68%

50% Indeks MSCI China & 50% MSCI India
Tempoh
Satu tahun 32.16%
Tiga tahun 16.91%
Lima tahun 16.38%
Prestasi PRUlink dragon peacock fund

(Sejak Dimulakan)
PRUlink dragon peacock fund berbanding 50% MSCI China & 50% MSCI India Index
100.00 100.00
80.00 80.00
60.00 60.00
SI % Perubahan
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
(40.00) (40.00)
10
10
10
14
14
15
16
17
7
-1
-1
-1
-1
-1
-1
s-1
r-1
-1
s-1
n-
n-
v-
ei-
v-
p-
n-
n-
r
kt
ac
go
ac
go
Ju
Ap
Ap
Di
Di
No
No
Ja
Ju
Ja
Ju
Fe
Se
M
O
M
O
O
Tarikh
PDPF 50% MSCI China & 50% MSCI India Index

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Aset Lain 0.50 - - 0.06 1.43
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.535 1.250 1.150 1.129 1.002
Jumlah Pulangan(+)

Tempoh
Satu tahun 22.80%
Tiga tahun 10.80%
Lima tahun 9.15%

Indeks MSCI Asia Kecuali Jepun
Tempoh
Satu tahun 28.12%
Tiga tahun 16.57%
Lima tahun 14.49%
Prestasi PRUlink Asia equity fund

(Sejak Dimulakan)
PRUlink Asia equity fund berbanding Indeks MSCI Asia Kecuali Jepun
140.00 140.00
120.00 120.00
100.00 100.00
80.00 80.00
SI % Perubahan
60.00 60.00
40.00 40.00
20.00 20.00
0.00 0.00
(20.00) (20.00)
10
11
11
11
12
13
13
14
15
15
7
16
7
-1
r-1
r-1
-1
l-1
s-1
-
n-
n-
v-
n-
n-
v-
p-
n-
n-
v-
p-
go
b
ac
go
Ju
Ap
Ap
Di
No
No
No
Ja
Ju
Ja
Ju
Ja
Ju
Se
Fe
Se
M
O
Tarikh
PAEF MSCI Asia Ex-Japan Index

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Produk Berstruktur 100.61 100.52 100.42 100.03 99.83
Tunai di Bank 0.03 0.06 0.08 0.40 0.39
Aset Lain - - - 0.02 0.18
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.017 1.006 0.994 0.949 0.927
Jumlah Pulangan(+)

Tempoh
Satu tahun 1.07%
Tiga tahun 2.32%
Lima tahun 2.11%
Prestasi PRUlink dyna growth I fund

(Sejak Dimulakan)
5.00
4.00
3.00
2.00
1.00
0.00
SI % Perubahan
(1.00)
(2.00)
(3.00)
(4.00)
(5.00)
(6.00)
(7.00)
(8.00)
(9.00)
1
7
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
go
go
go
go
go
go
go
Ap
Ap
Ap
Ap
Ap
Ap
Di
Di
Di
Di
Di
Di
Di
O
O
Tarikh

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Tunai di Bank 0.05 0.11 0.16 0.46 0.45
Aset Lain - - - 0.03 0.27
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.068 1.031 1.002 0.926 0.889
Jumlah Pulangan(+)

Tempoh
Satu tahun 3.53%
Tiga tahun 4.84%
Lima tahun 4.19%
Prestasi PRUlink dyna growth II fund

(Sejak Dimulakan)
12.00
11.00
10.00
9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
SI % Perubahan
1.00
0.00
(1.00)
(2.00)
(3.00)
(4.00)
(5.00)
(6.00)
(7.00)
(8.00)
(9.00)
(10.00)
(11.00)
(12.00)
(13.00)
(14.00)
1
14
16
7
-1
s-1
r-1
-1
s-1
-1
-1
s-1
-1
-1
r-1
-1
s-1
r-1
-1
r-1
-1
s-1
s-
s-
go
go
go
go
go
go
go
Ap
Ap
Ap
Ap
Ap
Ap
Di
Di
Di
Di
Di
Di
Di
O
O
Tarikh

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Tunai di Bank 0.45 0.92 0.05 1.59 1.68
Aset Lain 0.05 - 0.51 0.62 0.66
Jumlah 100.00 100.00 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 176,821 166,738 203,968 193,356 183,079
Unit dalam Edaran 156,522 156,522 200,148 210,235 210,235
NAB Seunit (RM) 1.130 1.065 1.019 0.920 0.871
Jumlah Pulangan(+)

Tempoh
Satu tahun 6.05%
Tiga tahun 7.09%
Lima tahun 6.07%
Prestasi PRUlink dyna growth III fund

(Sejak Dimulakan)
19.00
17.00
15.00
13.00
11.00
9.00
7.00
5.00
SI % Perubahan
3.00
1.00
(1.00)
(3.00)
(5.00)
(7.00)
(9.00)
(11.00)
(13.00)
(15.00)
(17.00)
1
7
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
r-1
-1
s-1
go
go
go
go
go
go
go
Ap
Ap
Ap
Ap
Ap
Ap
Di
Di
Di
Di
Di
Di
Di
O
O
Tarikh

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Tunai di Bank 0.49 1.35 0.07 2.13 2.27
Aset Lain 0.09 - 0.60 0.75 0.81
Jumlah 100.00 100.00 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 122,993 113,529 154,182 148,616 138,902
Unit dalam Edaran 102,554 102,554 147,500 157,893 157,893
NAB Seunit (RM) 1.199 1.107 1.045 0.941 0.880
Jumlah Pulangan(+)

Tempoh
Satu tahun 8.34%
Tiga tahun 8.40%
Lima tahun 7.38%
Prestasi PRUlink dyna growth IV fund

(Sejak Dimulakan)
24.00
22.00
20.00
18.00
16.00
14.00
12.00
10.00
8.00
SI % Perubahan
6.00
4.00
2.00
0.00
(2.00)
(4.00)
(6.00)
(8.00)
(10.00)
(12.00)
(14.00)
(16.00)
(18.00)
1
15
17
-1
s-1
r-1
-1
s-1
-1
-1
s-1
-1
-1
s-1
r-1
-1
r-1
-1
s-1
r-1
-1
s-
s-
go
go
go
go
go
go
go
Ap
Ap
Ap
Ap
Ap
Ap
Di
Di
Di
Di
Di
Di
Di
O
O
Tarikh

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Aset Lain 0.36 0.22 0.91 1.63 1.00
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.253 1.216 1.174 1.128 1.077
Jumlah Pulangan (+)


Tempoh
Satu tahun 3.04%
Tiga tahun 3.57%
Lima tahun 3.80%

Tempoh
Satu tahun 3.05%
Tiga tahun 3.05%
Lima tahun 2.97%
Prestasi PRUlink money market fund

(Sejak Dimulakan)
PRUlink money market fund berbanding Kadar Deposit Tetap 12 Bulan Tier Maybank
26.00 26.00
24.00 24.00
22.00 22.00
20.00 20.00
18.00 18.00
SI % Perubahan
16.00 16.00
14.00 14.00
12.00 12.00
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
11
12
13
14
7
-1
l-1
-1
l-1
-1
l-1
-1
l-1
s-1
r-1
-1
s-1
r-1
-1
s-1
v-
v-
v-
v-
ac
ac
ac
ac
go
go
Ju
Ju
Ju
Ju
Ap
Ap
Di
Di
Di
No
No
No
No
M
O
Tarikh
PMMF 1M MBB FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Ekuiti
Automotif - - - 2.92 3.69
Perbankan & Kewangan 21.46 23.62 24.52 23.15 26.30
Bahan Binaan - 1.93 - - -
Konglomerat 7.99 5.80 9.52 5.81 6.01
Pembinaan 12.11 5.94 2.77 2.99 3.57
Pengguna 2.08 1.67 3.57 6.68 3.01
Perjudian 5.02 6.86 3.14 0.97 7.55
Pembuatan 9.62 8.15 - 3.39 1.90
Media - 0.56 0.83 - -
Minyak dan Gas 10.63 5.76 5.85 8.23 13.03
Perladangan / Sumber Asli 3.04 1.76 1.47 4.99 6.54
Kuasa / Utiliti 8.73 8.56 7.53 6.93 5.46
Harta 2.25 5.93 8.84 14.43 4.30
Teknologi 2.56 1.79 2.86 1.00 1.43
Telekomunikasi 0.61 11.08 14.33 14.12 8.92
Pengangkutan 8.17 1.63 3.23 1.01 0.46
95.78 95.47 97.96 96.64 92.17

Aset Lain 0.06 0.31 0.22 0.19 0.19
Jumlah 100.00 100.00 100.00 100.00 100.00


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Jumlah Nilai Aset Bersih (RM) 6,495,644 4,526,909 3,372,274 1,897,745 711,360
Unit dalam Edaran 4,875,078 4,055,895 3,023,063 1,804,951 680,759
NAB Seunit (RM) 1.332 1.116 1.116 1.051 1.045
Jumlah Pulangan (+)


Tempoh
Satu tahun 19.38%
Tiga tahun 8.22%
Lima tahun 5.91%

Tempoh
Satu tahun 12.74%
Tiga tahun 2.21%
Lima tahun 0.97%
Prestasi PRUlink golden equity fund II

(Sejak Dimulakan)
PRUlink golden equity fund II berbanding Indeks Top 100 FTSE Bursa Malaysia (FBM 100)
35.00 35.00
30.00 30.00
25.00 25.00
20.00 20.00
15.00
SI % Perubahan
15.00
10.00 10.00
5.00 5.00
0.00 0.00
(5.00) (5.00)
(10.00) (10.00)
(15.00) (15.00)
3
15
15
15
16
16
17
17
17
7
l-1
-1
-1
r-1
l-1
-1
s-1
v-
b-
ei-
v-
b-
ei-
v-
b-
ei-
-
kt
go
go
go
Ju
Ju
Ap
Di
No
No
No
Ja
Fe
Fe
Fe
M
M
O
O
Tarikh
PGE II FBM100

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%) 2014 (%) 2013 (%)
Pelaburan dalam-
Tunai di Bank 5.26 2.23 1.54 3.34 20.80
Aset Lain 1.12 1.07 0.82 0.76 0.77
Jumlah Liabiliti (0.11) (0.02) (0.01) - (15.88)
Jumlah 100.00 100.00 100.00 100.00 100.00
NAB Seunit (RM) 1.217 1.161 1.108 1.063 1.019
Jumlah Pulangan (+)


Tempoh
Satu tahun 4.86%
Tiga tahun 4.60%
Lima tahun 4.00%

Tempoh
Satu tahun 3.10%
Tiga tahun 3.20%
Lima tahun 3.23%
Prestasi PRUlink golden bond fund II

(Sejak Dimulakan)
PRUlink golden bond fund II berbanding Kadar Deposit Tetap 12 Bulan Tier 1 Maybank
22.00 22.00
20.00 20.00
18.00 18.00
16.00 16.00
14.00 14.00
SI % Perubahan
12.00 12.00
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
(2.00) (2.00)
3
14
15
15
16
16
17
3
-1
-1
r-1
l-1
-1
-1
-1
-1
-1
-1
-1
v-
ei-
v-
ei-
v-
ei-
s-
kt
go
go
go
l
Ju
Ju
Ap
Di
No
No
No
Ja
Fe
Fe
Fe
M
M
O
O
Tarikh
PGB II 12M MBB T1 FD rate

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%)
Ekuiti
Automotif 0.45 2.66 -
Perbankan & Kewangan 26.48 13.70 16.69
Bahan Binaan - 1.05 -
Konglomerat 3.69 3.27 9.37
Pembinaan 10.44 4.52 10.85
Pengguna 3.71 8.66 3.85
Perjudian 4.88 5.61 2.97
Penjagaan Kesihatan 4.89 9.59 7.33
Pembuatan 1.20 9.15 3.53
Minyak dan Gas 2.50 - 8.79
Perladangan / Sumber Asli 2.76 2.54 3.41
Kuasa / Utiliti 7.99 6.47 6.85
Harta 4.52 9.51 9.03
Teknologi 4.20 3.99 2.92
Telekomunikasi 1.27 - 8.49
Pengangkutan 5.30 1.90 1.98
84.27 82.62 96.04
Tunai dan Deposit 16.64 18.71 8.98
Aset Lain 0.06 0.30 0.06
Jumlah Liabiliti (0.97) (1.63) (5.08)
Jumlah 100.00 100.00 100.00


Kategori 2017 (%) 2016 (%) 2015 (%)
Jumlah Nilai Aset Bersih (RM) 279,957,194 167,055,933 111,769,724
Unit dalam Edaran 481,382,467 340,346,424 220,681,577
NAB Seunit (RM) 0.582 0.491 0.506
NAB Tertinggi Seunit (RM) 0.582 0.526 0.506
NAB Terendah Seunit (RM) 0.490 0.487 0.495
Jumlah Pulangan (+)
-Pertumbuhan Modal 18.48% -3.08% 1.30%

-Agihan Pendapatan - - -

Tempoh
Satu tahun 18.48%
Tiga tahun 7.46%
Lima tahun tiada

Tempoh
Satu tahun 12.74%
Tiga tahun 5.57%
Lima tahun tiada
Prestasi PRUlink equity focus fund

(Sejak Dimulakan)
PRUlink equity focus fund berbanding Indeks Top 100 FTSE Bursa Malaysia (FBM 100)
20.00 20.00
16.00 16.00
12.00 12.00
SI % Perubahan
8.00 8.00
4.00 4.00
0.00 0.00
(4.00) (4.00)
5
16
16
17
17
7
-1
-1
-1
-1
s-1
b-
ei-
b-
ei-
kt
go
Di
No
Fe
Fe
Se
M
M
O
Tarikh
PEQF FBM100

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%)
Ekuiti
Automotif 0.80 1.09 2.05
Perbankan & Kewangan 17.34 21.87 27.80
Bahan Binaan 0.33 - -
Konglomerat 3.62 6.03 1.86
Pembinaan 4.85 4.49 7.75
Pengguna 11.98 11.16 2.60
Perjudian 7.02 7.07 2.36
Penjagaan Kesihatan 6.14 5.29 -
Pembuatan 3.41 3.13 -
Media - 0.97 3.77
Minyak dan Gas 5.04 2.64 4.40
Perladangan / Sumber Asli 2.69 - 1.52
Kuasa / Utiliti 4.88 7.12 7.34
Harta 7.93 12.02 11.32
Perkhidmatan - - 1.42
Teknologi 1.94 2.02 4.99
Telekomunikasi 8.18 0.89 15.40
Berkaitan Pengangkutan /Logistik - 0.05 -
Pengangkutan 2.67 0.74 -
88.80 86.58 94.58
Tunai dan Deposit 11.90 11.50 14.64
Aset Lain 0.20 1.93 0.21
Jumlah 100.00 100.00 100.00


Kategori 2017 (%) 2016 (%) 2015 (%)
Jumlah Nilai Aset Bersih (RM) 616,687,006 436,161,255 41,909,455
Unit dalam Edaran 1,038,058,580 838,717,218 82,897,527
NAB Seunit (RM) 0.594 0.520 0.506
Jumlah Pulangan (+)
-Pertumbuhan Modal 14.24% 2.86% 1.11%


Tempoh
Satu tahun 14.24%
Tiga tahun 8.21%
Lima tahun tiada
Pulangan Tahunan Purata:

Tempoh
Satu tahun 12.74%
Tiga tahun 5.35%
Lima tahun tiada
Prestasi PRUlink equity income fund

(Sejak Dimulakan)
PRUlink equity income fund berbanding Indeks Top 100 FTSE Bursa Malaysia (FBM 100)
20.00 20.00
16.00 16.00
12.00 12.00
SI % Perubahan
8.00 8.00
(4.00) (4.00)
0.00 0.00
(4.00) (4.00)
5
16
16
17
7
-1
-1
-1
-1
-1
s-1
n-
ei-
ei-
kt
go
go
Di
No
Ja
Fe
M
M
O
O
Tarikh
PEQI FBM100

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%)
Pelaburan dalam-
Eastspring Investment Asian High Yield Bond MY Fund 99.69 99.43 201.02
Tunai di Bank 0.11 - 0.71
Aset Lain 0.2 0.72 0.16
Jumlah Liabiliti - (0.15) (101.89)
Jumlah 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 11,515,704 4,210,133 14,721

Unit dalam Edaran 20,268,851 7,773,369 29,937
NAB Seunit (RM) 0.568 0.542 0.492
Jumlah Pulangan(+)
-Pertumbuhan Modal 4.90% 10.15% (1.65%)

Tempoh
Satu tahun 4.90%
Tiga tahun 4.35%
Lima tahun tiada

Indeks J.P. Morgan Asia Credit (“JACI”) Gred Bukan Pelaburan
Tempoh
Satu tahun 8.62%
Tiga tahun 9.94%
Lima tahun tiada
Prestasi PRUlink Asian high yield bond fund

(Sejak Dimulakan)
PRUlink Asian high yield bond fund berbanding Indeks J.P Morgan Asia Credit (”JACI”) Gred Bukan Pelaburan
24.00 24.00
22.00 22.00
20.00 20.00
18.00 18.00
16.00 16.00
SI % Perubahan
14.00 14.00
12.00 12.00
10.00 10.00
8.00 8.00
6.00 6.00
4.00 4.00
2.00 2.00
0.00 0.00
(20.00) (2.00)
(40.00) (4.00)
5
16
16
6
5
16
17
17
-1
s-1
-1
r-1
l-1
-1
-1
s-1
-1
-1
-1
ei-
v-
n-
b-
ei-
n-
g-
s-
kt
ac
go
kt
ac
kt
Ju
Ap
Di
Di
Di
No
Au
Ja
Ju
Fe
Se
M
M
O
O
M
M
O
Tarikh
PAHB JACI

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%)
Pelaburan dalam-
Eastspring Investments Japan Dynamic MY Fund 100.78 100.20 99.63
Tunai di Bank 0.18 0.01 0.05
Aset Lain 2.38 0.99 0.33
Jumlah 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 2,356,369 809,244 202,153

Unit dalam Edaran 4,016,117 1,614,162 435,689
NAB Seunit (RM) 0.587 0.501 0.464
Jumlah Pulangan(+)

Tempoh
Satu tahun 17.03%
Tiga tahun 5.47%
Lima tahun tiada

Indeks MSCI Japan (asas dividen bersih)
Tempoh
Satu tahun 23.34%
Tiga tahun 10.51%
Lima tahun tiada
Prestasi PRUlink Japan dynamic fund

(Sejak Dimulakan)
PRUlink Japan dynamic fund berbanding Indeks MSCI Japan (asas dividen bersih)
25.00 25.00
20.00 20.00
15.00 15.00
10.00 10.00
5.00 5.00
SI % Perubahan
0.00 0.00
(5.00) (5.00)
(10.00) (10.00)
15.00) 15.00)
(20.00) (20.00)
(25.00) (25.00)
(30.00) (30.00)
5
16
16
16
16
17
7
-1
s-1
r-1
l-1
-1
-1
s-1
-1
-1
-1
-1
-1
s-1
n-
ei-
v-
ei-
p-
kt
ac
go
kt
ac
go
kt
Ju
Ap
Di
Di
Di
No
Ja
Ju
Fe
Se
M
M
O
O
M
M
O
O
Tarikh
PJDF MSCI

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%) 2015 (%)
Pelaburan dalam-
Eastspring Investments Global Leaders MY Fund 100.53 99.72 66.86
Tunai di Bank 0.02 0.03 0.06
Aset Lain 0.27 1.13 33.08
Jumlah Liabiliti (0.82) (0.88) -
Jumlah 100.00 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 1,048,607 346,299 151,367

Unit dalam Edaran 1,744,078 625,601 305,426
NAB Seunit (RM) 0.601 0.554 0.496
Jumlah Pulangan(+)

Tempoh
Satu tahun 8.62%
Tiga tahun tiada
Lima tahun tiada

Indeks MSCI World
Tempoh
Satu tahun 8.31%
Tiga tahun 13.05%
Lima tahun tiada
Prestasi PRUlink global leaders fund

(Sejak Dimulakan)
PRUlink global leaders fund berbanding Indeks MSCI World
33.00 33.00
30.00 30.00
27.00 27.00
24.00 24.00
21.00 21.00
18.00 18.00
SI % Perubahan
15.00 15.00
12.00 12.00
9.00 9.00
6.00 6.00
3.00 3.00
0.00 0.00
(3.00) (3.00)
(6.00) (6.00)
(9.00) (9.00)
(12.00) (12.00)
(15.00) (15.00)
5
16
16
17
17
17
17
17
-1
s-1
-1
r-1
-1
-1
-1
s-1
-1
-1
-1
n-
ei-
v-
ei-
n-
p-
s-
kt
ac
go
kt
ac
go
kt
Ju
Ap
Di
Di
Di
No
Ja
Ju
Fe
Se
M
M
O
O
M
M
O
O
Tarikh
PGLF MSCI World Index

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%)
Pelaburan dalam-
SCHRODER ASIAN INCOME SGD CLASS X 99.78 98.14
Tunai di Bank 0.43 2.16
Aset Lain 0.51 1.88
Jumlah Liabiliti (0.72) (2.18)
Jumlah 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 25,108,644 6,048,404

Unit dalam Edaran 47,650,437 12,036,535
NAB Seunit (RM) 0.527 0.503
NAB Tertinggi Seunit (RM) 0.541 0.505
NAB Terendah Seunit (RM) 0.503 0.488
Jumlah Pulangan(+)
-Pertumbuhan Modal 4.86% 0.50%
-Agihan Pendapatan - -

Tempoh
Satu tahun 4.86%
Tiga tahun tiada
Lima tahun tiada

50% MSCI AC Asia Pacific ex-Japan Net + 50% JP Morgan Asia Credit Index (SGD Hedged)
Tempoh
Satu tahun 12.73%
Tiga tahun tiada
Lima tahun tiada
Prestasi PRUlink Asian multi-asset fund

(Sejak Dimulakan)
PRUlink Asian multi-asset fund berbanding 50% MSCI AC Asia Pacific ex Japan +
50% JP Morgan Asia Credit Index (SGD Hedged)
20.00
18.00
16.00
14.00
12.00
SI % Perubahan
10.00
8.00
6.00
4.00
2.00
0.00
(2.00)
6
16
17
17
17
17
17
17
7
-1
-1
s-1
-1
-1
l-1
-1
-1
s-1
p-
v-
n-
b-
ei-
n-
p-
v-
go
kt
ac
go
kt
Ju
Ap
Di
Di
No
No
Ja
Ju
Se
Fe
Se
M
O
O
M
O
O
Tarikh
PAMA 50% MSCI AC Asia Pacific ex Japan + 50% JP Morgan Asia Credit Index (SGD Hedged)

S OROTA N KEWAN GAN


Kategori 2017 (%) 2016 (%)
Pelaburan dalam-
SISF EURO Equity SGD Hdg A Acc 99.42 64.84
Tunai di Bank 3.02 35.38
Aset Lain 0.52 0.09
Jumlah Liabiliti (2.96) (0.31)
Jumlah 100.00 100.00
Jumlah Nilai Aset Bersih (RM) 3,745,788 10,224

Unit dalam Edaran 6,707,837 19,919
NAB Seunit (RM) 0.558 0.513
NAB Tertinggi Seunit (RM) 0.587 0.518
NAB Terendah Seunit (RM) 0.513 0.495
Jumlah Pulangan(+)
-Pertumbuhan Modal 8.79% 2.66%
-Agihan Pendapatan - -

Tempoh
Satu tahun 8.79%
Tiga tahun tiada
Lima tahun tiada

MSCI European Monetary Union Net TR
Tempoh
Satu tahun 15.48%
Tiga tahun tiada
Lima tahun tiada
Prestasi PRUlink euro equity fund

(Sejak Dimulakan)
PRUlink euro equity fund berbanding MSCI Europian Monetary Union Net TR
36.00
34.00
32.00
30.00
28.00
26.00
24.00
22.00
SI % Perubahan
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
(2.00)
(4.00)
16
17
6
17
17
17
17
17
7
1
r-1
-1
l-1
-1
-1
-1
s-
s-
v-
n-
ei-
p-
v-
ac
go
kt
b
Ju
Ap
Di
Di
No
No
Ja
Ju
Se
Fe
O
M
O
Tarikh
PEUE MSCI European Monetary Union Net TR

S OROTA N KEWAN GAN

bagi 9 bulan tempoh berakhir 31 Disember 2017

Kategori 2017 (%)
Pelaburan dalam-
Eastspring Investments Equity Income Fund 23.02
Eastspring Investments Bond Fund 75.37
Tunai di Bank 1.19
Aset Lain 4.72
Jumlah Liabiliti (4.30)
Jumlah 100.00
Jumlah Nilai Aset Bersih (RM) 64,357,249

Unit dalam Edaran 124,499,974
NAB Seunit (RM) 0.517
NAB Tertinggi Seunit (RM) 0.517
NAB Terendah Seunit (RM) 0.500
Jumlah Pulangan (+)
-Pertumbuhan Modal 3.39%

-Agihan Pendapatan -

Tempoh
Sejak Dimulakan 3.39%
Tiga tahun tiada
Lima tahun tiada

80% Indeks Sederhana Sekuriti Kerajaan Malaysia (MGS) Quant Shop + 20% Indeks Top 100 FTSE Bursa Malaysia (FMB100)
Tempoh
Sejak Dimulakan 5.83%
Tiga tahun tiada
Lima tahun tiada
Prestasi PRUlink strategic managed fund

(Sejak Dimulakan)
PRUlink strategic managed fund berbanding 80% Indeks Sederhana Sekuriti Kerajaan Malaysia (MGS) Quant Shop +
20% Indeks Top 100 FTSE Bursa Malaysia (FMB100)
5.00 5.00
4.00 4.00
SI % Perubahan
3.00 3.00
2.00 2.00
1.00 1.00
0.00 0.00
7
17
17
17
17
7
r-1
l-1
-1
-1
s-1
ei-
n-
p-
v-
go
kt
Ju
Ap
Di
No
Ju
Se
M
O
O
Tarikh
PSMF 80% Quant Shop Malaysian Government Securities (MGS) Medium Index + 20% FTSE Bursa Malaysia Top 100 Index (FMB100)

PRUlink funds B U T I R - B U T I R P E L A B U R A N 3 0 5
BU T IR- BU T IR PEL AB URAN

Pad a 3 1 Dis e mb e r 2017
PRUlink equity fund
Sektor Ekuiti Kuantiti Kos (RM) Nilai Pasaran (RM) % daripada NAB
Automotif Bermaz Auto Berhad 9,359,720 22,059,952 20,669,631 0.21%
Automotif Keseluruhan 9,359,720 22,059,952 20,669,631 0.21%
Perbankan & Kewangan Ammb Holdings Bhd 27,586,900 147,005,479 122,120,530 1.22%
Hong Leong Bank Bhd 10,608,880 107,332,244 181,036,294 1.82%
Hong Leong Financial Group Bhd 5,484,850 84,253,056 98,441,781 0.99%
Public Bank Bhd 38,924,105 462,101,753 811,916,505 8.14%
Rhb Bank Bhd 16,066,107 82,840,869 80,635,791 0.81%
Alliance Bank Malaysia Berhad 15,252,100 61,487,879 62,465,037 0.63%
Perbankan & Kewangan Keseluruhan 299,364,165 2,153,968,196 2,838,129,929 28.47%
Konglomerat Cahya Mata Sarawak Bhd 6,590,100 25,171,434 25,799,055 0.26%
Ijm Corporation Bhd 56,697,800 179,368,977 173,585,418 1.74%
Ppb Group Bhd 4,325,600 52,937,790 74,856,723 0.75%
Ytl Corporation Berhad 15,193,200 18,752,313 20,893,780 0.21%
Drb-Hicom Bhd 17,667,600 28,485,986 32,454,568 0.33%
Malaysian Resources Corporation Bhd - Wb 4,524,921 - 1,748,715 0.02%
Konglomerat Keseluruhan 220,711,048 498,454,334 532,741,599 5.34%
BU T IR- BU T IR PEL AB URAN (S AMB.)

PRUlink equity fund
Pembinaan Gamuda Bhd 46,569,863 212,916,026 231,864,269 2.33%
Pembinaan Keseluruhan 75,629,468 268,845,632 327,385,988 3.28%
Barangan Pengguna British American Tobacco (M) Bhd 1,746,000 95,011,856 70,105,392 0.70%
Carlsberg Brewery Malaysia Bhd 2,861,500 36,206,322 43,947,318 0.44%
Nestle (M) Bhd 388,800 28,029,802 40,276,632 0.40%
Ql Resources Bhd 5,103,049 7,373,732 22,282,617 0.22%
Barangan Pengguna Keseluruhan 10,099,349 166,621,712 176,611,958 1.77%
Perjudian Berjaya Sports Toto Bhd 15,450,000 45,757,017 34,739,510 0.35%
Genting Bhd 39,822,300 286,232,904 367,757,348 3.69%
Perjudian Keseluruhan 95,967,300 493,987,225 632,480,337 6.34%
Penjagaan Kesihatan Hartalega Holdings Bhd 6,816,900 25,726,203 73,081,149 0.73%
Kossan Rubber Industries Bhd 6,626,200 29,410,973 53,942,688 0.54%
Kpj Healthcare Bhd 32,158,000 30,074,384 31,311,794 0.31%
Penjagaan Kesihatan Keseluruhan 87,154,000 263,341,743 437,247,740 4.39%
Pembuatan Padini Holdings Bhd 4,573,400 23,485,950 24,239,313 0.24%
Pembuatan Keseluruhan 7,122,760 43,242,922 46,400,665 0.47%
Media Astro Malaysia Holdings Bhd 4,194,300 14,122,898 11,157,132 0.11%
Media Keseluruhan 4,194,300 14,122,898 11,157,132 0.11%

PRUlink equity fund
Minyak dan Gas Dialog Group Bhd 84,068,570 117,513,294 211,813,957 2.12%
Petronas Dagangan Bhd 2,539,100 61,863,515 61,832,641 0.62%
Petronas Gas Bhd 6,901,700 114,665,191 121,100,155 1.21%
Sapura Energy Berhad 40,331,750 102,698,796 28,744,358 0.29%
Minyak dan Gas Keseluruhan 195,693,620 763,043,737 799,060,273 8.02%
Perladangan / Sumber Asli Genting Plantations Bhd 7,776,700 60,016,648 81,965,640 0.82%
Tsh Resources Bhd 7,581,150 16,612,340 12,556,431 0.13%
Kuala Lumpur Kepong Berhad 8,271,050 144,310,461 207,562,000 2.08%
Perladangan / Sumber Asli Keseluruhan 113,648,528 663,693,905 777,395,839 7.80%
Kuasa / Utiliti Tenaga Nasional Bhd 58,517,550 553,282,474 896,371,129 8.99%
Malakoff Corporation Berhad 24,280,400 43,847,082 23,885,212 0.24%
Kuasa / Utiliti Keseluruhan 82,797,950 597,129,556 920,256,341 9.23%

PRUlink equity fund
Harta Axis Real Estate Investment Trust 4,712,556 6,340,275 7,095,696 0.07%
Igb Real Estate Investment Trust 31,736,492 35,893,108 57,342,763 0.58%
Klcc Prop&Reits-Stapled Sec 5,061,700 24,244,600 43,899,274 0.44%
Mah Sing Group Bhd 28,681,645 48,875,358 41,746,421 0.42%
Sunway Bhd 36,569,680 45,755,479 59,835,091 0.60%
Sp Setia Bhd - Pa 2,794,066 2,794,066 3,085,152 0.03%
Lbs Bina Group Bhd 3,000,000 6,769,148 7,076,790 0.07%
Sunway Berhad - Wb 4,701,816 - 2,690,219 0.03%
Harta Keseluruhan 251,750,610 337,797,786 466,662,255 4.68%
Teknologi Inari Amertron Berhad 35,048,700 78,534,643 119,618,409 1.20%
Unisem (M) Bhd 7,207,200 27,232,906 26,406,244 0.26%
Teknologi Keseluruhan 77,977,300 158,455,779 225,986,078 2.27%

PRUlink equity fund
Telekomunikasi Axiata Group Berhad 53,828,189 274,948,347 296,639,721 2.98%
Digi.Com Bhd 41,452,800 153,618,684 212,212,635 2.13%
Maxis Bhd 25,355,300 140,686,509 152,964,417 1.53%
Time Dot Com Bhd 6,855,000 43,461,859 62,617,546 0.63%
Telekomunikasi Keseluruhan 172,013,026 823,074,050 1,005,987,113 10.09%
Pengangkutan Malaysia Airports Holdings Bhd 10,769,000 87,797,920 95,019,216 0.95%
Misc Bhd 13,386,600 92,886,582 99,706,021 1.00%
Airasia Bhd 32,795,100 95,258,447 110,281,067 1.11%
Pos Malaysia Bhd 4,308,800 23,082,308 22,707,161 0.23%
Pengangkutan Keseluruhan 65,148,800 311,357,774 342,158,557 3.43%
Jumlah Besar 1,768,631,944 7,579,197,200 9,560,331,436 95.90%

PRUlink bond fund
Sektor Sekuriti Pendapatan Tetap Kuantiti Kos (RM) Nilai Pasaran (RM) % daripada NAB
Bon Korporat Ambank Malaysia Bhd 5.20% 29/12/2023 14,174,000 14,217,099 14,276,195 0.92%
Cagamas Bhd 5.280% 17/07/2019 1,713,000 1,713,000 1,750,292 0.11%
Cagamas Bhd 5.80% 08/08/2018 5,423,000 5,423,000 5,495,668 0.35%
Cimb Bank Bhd 4.770% 16/10/2023 17,790,000 17,790,000 17,871,834 1.15%
Cimb Bank Bhd 4.80% 13/09/2023 42,813,000 42,851,532 43,006,087 2.76%
Gamuda Berhad 4.170% 21/03/2018 2,569,000 2,576,964 2,569,206 0.16%
Gamuda Berhad 4.2150% 26/10/2018 7,392,000 7,397,174 7,390,596 0.47%

PRUlink bond fund
Bon Korporat Jimah Energy Ventures Sdn Bhd 9.350% 12/05/2020 2,854,000 3,401,968 3,177,729 0.20%

PRUlink bond fund
Bon Korporat Manjung Island Energy Berhad 4.50% 25/11/2026 2,854,000 2,854,000 2,849,748 0.18%
Public Bank Bhd 4.730% 15/11/2023 34,338,000 34,605,946 34,442,388 2.21%
Public Bank Bhd 4.80% 25/09/2023 30,140,000 30,144,053 30,247,298 1.94%
Rhb Bank Berhad 4.990% 08/07/2024 17,125,000 17,136,988 17,229,291 1.11%
Rhb Bank Berhad 80% 31/03/2039 5,708,000 5,708,000 5,939,402 0.38%

PRUlink bond fund
Bon Korporat Telekom Malaysia Berhad 3.950% 28/04/2023 5,423,000 5,431,894 5,329,019 0.34%
Rhb Bank Berhad 4.750% 08/05/2025 22,834,000 22,834,000 22,855,236 1.47%
Cagamas Mbs Bhd 5.920% 12/12/2025 2,740,000 2,951,802 2,991,477 0.19%
Genm Capital Bhd 4.90% 22/08/2025 25,574,000 25,574,000 25,726,165 1.65%
Benih Restu Bhd 4.620% 05/06/2025 11,360,000 11,360,000 11,425,547 0.73%
Krung Thai Bank 5.10% 04/07/2025 52,374,000 52,420,101 53,267,500 3.42%

PRUlink bond fund
Bon Korporat Perbadanan Kemajuan Negeri Selangor 4.450% 26/10/2018 5,708,000 5,708,000 5,713,251 0.37%
Cimb Bank Bhd 4.770% 07/08/2026 17,068,000 17,068,000 17,138,320 1.10%
Ekve Sdn Bhd 5.450% 28/01/2028 2,854,000 2,891,673 3,040,994 0.20%
Ekve Sdn Bhd 5.350% 29/01/2027 2,266,000 2,294,098 2,393,032 0.15%
Mex Ii Sdn Bhd 5.80% 28/04/2028 5,708,000 5,796,474 6,050,423 0.39%
Mex Ii Sdn Bhd 5.70% 29/04/2027 5,708,000 5,786,770 6,012,351 0.39%
Mex Ii Sdn Bhd 5.60% 29/04/2026 2,854,000 2,888,819 2,988,966 0.19%
Mex Ii Sdn Bhd 5.50% 29/04/2025 2,854,000 2,884,252 2,969,844 0.19%
Mex Ii Sdn Bhd 5.40% 29/04/2024 2,854,000 2,881,684 2,949,523 0.19%
Mex Ii Sdn Bhd 5.30% 28/04/2023 2,854,000 2,878,830 2,927,890 0.19%
Mex Ii Sdn Bhd 5.20% 29/04/2022 2,854,000 2,875,976 2,911,594 0.19%
Mex Ii Sdn Bhd 5.10% 29/04/2021 1,713,000 1,724,135 1,739,740 0.11%
Affin Bank Bhd 5.030% 20/09/2027 22,691,000 22,691,000 22,940,601 1.47%
Affin Bank Bhd 5.450% 05/02/2027 28,285,000 28,285,000 29,039,078 1.86%

PRUlink bond fund
Bon Korporat Public Islamic Bank Bhd 4.650% 03/08/2027 8,563,000 8,563,000 8,600,249 0.55%
Public Bank Bhd 4.850% 23/04/2027 14,214,000 14,214,000 14,356,140 0.92%
Ambank Malaysia Bhd 4.90% 15/10/2027 34,850,000 34,850,000 34,937,474 2.24%
Bon Korporat Keseluruhan 1,442,221,000 1,457,523,894 1,469,903,556 94.29%
Kerajaan Malaysia Investment Issue 3.6990% 15/11/2022 1,713,000 1,714,811 1,701,746 0.11%
Kerajaan Keseluruhan 36,535,000 36,322,079 36,290,224 2.33%
Separa Kerajaan Bank Pembangunan Malaysia Bhd 7.50% 30/10/2025 456,889 481,424 512,122 0.03%
Separa Kerajaan Keseluruhan 7,877,889 7,902,424 7,855,869 0.50%
Jumlah Besar 1,486,633,889 1,501,748,397 1,514,049,649 97.12%

Pelaburan Kuantiti Kos (RM) Nilai Pasaran (RM) % daripada NAB
Pelaburan dalam PRUlink equity fund 332,389,258 1,135,486,151 1,474,362,411 73.58%

Pelaburan dalam PRUlink bond fund 165,169,921 425,546,071 529,808,949 26.44%
Jumlah Nilai Pelaburan 497,559,179 1,561,032,222 2,004,171,360 100.02%
Pelaburan dalam PRUlink equity fund 244,848,757 959,962,392 1,086,063,389 83.22%

Jumlah Nilai Pelaburan 313,135,111 1,152,647,923 1,305,102,797 100.00%
Pelaburan dalam PRUlink equity income fund 770,750,837 407,113,493 457,910,780 99.75%
Jumlah Nilai Pelaburan 770,750,837 407,113,493 457,910,780 99.75%


Bon Korporat Ambank Malaysia Bhd 5.20% 29/12/2023 10,656,000 10,754,248 10,732,830 0.90%
Cagamas Bhd 5.280% 17/07/2019 1,287,000 1,319,793 1,315,018 0.11%
Cagamas Bhd 5.80% 08/08/2018 4,077,000 4,150,508 4,131,632 0.35%
Cimb Bank Bhd 4.770% 16/10/2023 13,375,000 13,452,575 13,436,525 1.13%
Cimb Bank Bhd 4.80% 13/09/2023 32,187,000 32,374,006 32,332,163 2.72%
Gamuda Berhad 4.170% 21/03/2018 1,931,000 1,932,873 1,931,154 0.16%
Gamuda Berhad 4.2150% 26/10/2018 5,558,000 5,565,281 5,556,944 0.47%

Bon Korporat Konsortium Lebuhraya Utara-Timur (Kl) Sdn Bhd 4.750% 01/12/2028 4,292,000 4,284,403 4,258,308 0.36%
Public Bank Bhd 4.730% 15/11/2023 25,816,000 25,946,371 25,894,481 2.18%
Public Bank Bhd 4.80% 25/09/2023 22,660,000 22,790,522 22,740,670 1.91%

Bon Korporat Rhb Bank Berhad 4.990% 08/07/2024 12,875,000 12,991,004 12,953,409 1.09%
Rhb Bank Berhad 80% 31/03/2039 4,292,000 4,505,098 4,465,998 0.38%
Rhb Bank Berhad 4.750% 08/05/2025 17,166,000 17,230,201 17,181,964 1.45%
Cagamas Mbs Bhd 5.920% 12/12/2025 2,060,000 2,259,284 2,249,067 0.19%

Bon Korporat Ytl Power International Berhad 4.950% 11/10/2024 4,240,000 4,319,330 4,316,066 0.36%
Genm Capital Bhd 4.90% 22/08/2025 19,226,000 19,552,457 19,340,395 1.63%
Benih Restu Bhd 4.620% 05/06/2025 8,540,000 8,592,606 8,589,276 0.72%
Krung Thai Bank 5.10% 04/07/2025 39,376,000 40,128,475 40,047,755 3.37%
Cimb Bank Bhd 4.770% 07/08/2026 12,832,000 12,855,226 12,884,868 1.08%
Ekve Sdn Bhd 5.450% 28/01/2028 2,146,000 2,314,440 2,286,606 0.19%
Ekve Sdn Bhd 5.350% 29/01/2027 1,704,000 1,823,825 1,799,526 0.15%
Mex Ii Sdn Bhd 5.80% 28/04/2028 4,292,000 4,563,126 4,549,477 0.38%
Mex Ii Sdn Bhd 5.70% 29/04/2027 4,292,000 4,530,893 4,520,849 0.38%
Mex Ii Sdn Bhd 5.60% 29/04/2026 2,146,000 2,251,090 2,247,484 0.19%
Mex Ii Sdn Bhd 5.50% 29/04/2025 2,146,000 2,235,596 2,233,106 0.19%
Mex Ii Sdn Bhd 5.40% 29/04/2024 2,146,000 2,220,252 2,217,827 0.19%
Mex Ii Sdn Bhd 5.30% 28/04/2023 2,146,000 2,204,500 2,201,560 0.19%
Mex Ii Sdn Bhd 5.20% 29/04/2022 2,146,000 2,191,452 2,189,306 0.18%
Mex Ii Sdn Bhd 5.10% 29/04/2021 1,287,000 1,308,030 1,307,090 0.11%

Bon Korporat Lebuhraya Duke Fasa 3 Sdn Bhd 6.230% 21/08/2037 4,292,000 4,779,485 4,741,158 0.40%
Affin Bank Bhd 5.030% 20/09/2027 17,059,000 17,208,607 17,246,649 1.45%
Affin Bank Bhd 5.450% 05/02/2027 21,265,000 21,811,085 21,831,925 1.84%
Public Bank Bhd 4.850% 23/04/2027 10,686,000 10,834,001 10,792,860 0.91%
Bon Korporat Keseluruhan 1,061,591,000 1,084,560,046 1,082,438,887 91.09%

Kerajaan Malaysia Investment Issue 3.6990% 15/11/2022 1,287,000 1,281,041 1,278,544 0.11%
Separa Kerajaan Bank Pembangunan Malaysia Bhd 7.50% 30/10/2025 343,111 382,288 384,590 0.03%
Skim Pelaburan Kolektif Eastspring Investments-Asian High Yield Bond Fund Class D 346,114 23,982,196 22,897,433 1.93%
Skim Pelaburan Kolektif Keseluruhan 346,114 23,982,196 22,897,433 1.93%
Jumlah Besar 1,095,324,225 1,141,879,419 1,138,522,799 95.80%

Pelaburan dalam PRUlink golden equity fund 50,556,541 80,651,984 89,415,816 23.57%
Pelaburan dalam PRUlink golden bond fund 201,148,946 270,790,838 289,964,251 76.43%
Pelaburan dalam PRUlink equity fund 825,465 3,279,719 3,661,472 100.00%
Jumlah Nilai Pelaburan 825,465 3,279,719 3,661,472 100.00%


PRUlink dana unggul
Perbankan & Kewangan Bimb Holdings Bhd 4,234,925 16,225,106 18,704,478 1.97%
Perbankan & Kewangan Keseluruhan 9,950,825 25,022,672 40,277,931 4.23%
Konglomerat Ijm Corporation Bhd 10,690,080 34,674,552 32,728,642 3.44%
Taliworks Corporation Bhd 976,300 1,477,805 1,078,011 0.11%
Lingkaran Trans Kota Holdings Bhd 500,000 1,167,802 2,785,545 0.29%
Muhibbah Engineering (M) Bhd 1,700,000 4,571,490 4,846,346 0.51%
Kerjaya Prospek Group Berhad 353,200 1,308,182 1,439,441 0.15%
Gabungan Aqrs Berhad 2,563,800 4,860,928 4,966,937 0.52%
Econpile Holdings Berhad - Wa 1,000,000 - - 0.00%
Barangan Pengguna Nestle (M) Bhd 109,300 4,230,986 11,322,623 1.19%
Ql Resources Bhd 4,511,109 8,344,094 19,697,893 2.07%
Tiong Nam Logistics Holdings Bhd 3,176,790 5,556,976 4,273,075 0.45%

PRUlink dana unggul
Penjagaan Kesihatan Hartalega Holdings Bhd 1,760,000 7,684,433 18,868,228 1.98%
Kossan Rubber Industries Bhd 991,900 5,116,569 8,074,877 0.85%
Pembuatan Pestech International Berhad 4,907,800 8,187,001 8,621,287 0.91%
Press Metal Aluminium Holdings Berhad 2,629,100 7,289,573 14,224,698 1.50%
Padini Holdings Bhd 2,300,700 10,887,150 12,193,857 1.28%
Petronas Gas Bhd 1,441,700 27,609,059 25,296,679 2.66%
Perladangan / Sumber Asli Genting Plantations Bhd 1,460,000 14,366,542 15,388,254 1.62%

PRUlink dana unggul
Harta Axis Real Estate Investment Trust 704,084 1,313,692 1,060,139 0.11%
Sp Setia Bhd 1,900,076 6,303,631 7,629,185 0.80%
Sunway Bhd 7,624,866 10,942,515 12,475,760 1.31%
Sp Setia Bhd - Pa 751,476 751,476 829,765 0.09%
Uem Sunrise Berhad 2,491,100 3,157,843 2,600,589 0.27%
Sp Setia Bhd - Pb 670,615 590,141 592,384 0.06%
Perkhidmatan Scicom (Msc) Berhad 882,000 2,029,539 1,487,391 0.16%
Perkhidmatan Keseluruhan 882,000 2,029,539 1,487,391 0.16%
Datasonic Group Berhad 7,300,000 9,135,827 8,500,178 0.89%
Telekomunikasi Axiata Group Berhad 3,950,192 20,461,691 21,768,963 2.29%
Maxis Bhd 3,700,000 22,730,453 22,321,501 2.35%
Time Dot Com Bhd 1,220,000 8,320,351 11,144,188 1.17%
Telekomunikasi Keseluruhan 12,468,816 71,214,001 77,992,133 8.20%
Pengangkutan Misc Bhd 2,383,800 17,043,481 17,755,010 1.87%
Xin Hwa Holdings Berhad 5,000,000 6,048,497 6,072,990 0.64%
Pos Malaysia Bhd 2,805,100 14,780,412 14,782,737 1.55%
Jumlah Besar 246,699,318 757,904,239 922,639,959 96.99%

PRUlink dana aman
Bon Korporat Amislamic Bank Bhd 5.050% 25/03/2024 2,380,000 2,383,200 2,395,303 2.24%
Cagamas Bhd 5.280% 17/07/2019 2,000,000 2,000,000 2,043,540 1.91%
Gamuda Berhad 4.2150% 26/10/2018 2,000,000 2,001,400 1,999,620 1.87%
Kimanis Power Sdn Bhd 5.10% 08/08/2024 400,000 404,296 411,024 0.38%
Konsortium Lebuhraya Utara-Timur (Kl) Sdn Bhd 4.750% 02/12/2027 1,000,000 949,000 996,990 0.93%

PRUlink dana aman
Bon Korporat Sarawak Energy Bhd 5.150% 23/06/2021 1,000,000 1,031,500 1,026,970 0.96%
Tnb Northern Energy Bhd 3.990% 29/11/2022 500,000 500,000 491,610 0.46%
Sarawak Energy Bhd 5.040% 25/04/2031 1,000,000 1,005,240 997,240 0.93%
Ekve Sdn Bhd 5.350% 29/01/2027 700,000 708,680 739,242 0.69%
Mex Ii Sdn Bhd 5.10% 29/04/2021 1,970,000 1,982,805 2,000,752 1.87%
Bon Korporat Keseluruhan 91,905,000 93,106,821 93,895,409 87.83%
Kerajaan Malaysia Investment Issue 3.6990% 15/11/2022 1,000,000 1,001,057 993,430 0.93%
Separa Kerajaan Danainfra Nasional Bhd 4.380% 08/02/2033 4,000,000 4,000,000 3,822,520 3.58%
Johor Corporation 3.840% 14/06/2022 1,000,000 1,000,000 989,590 0.93%
Jumlah Besar 100,405,000 101,588,678 102,201,104 95.59%

PRUlink dana urus
Pelaburan dalam PRUlink dana unggul 28,434,963 81,505,281 108,990,644 73.01%

Pelaburan dalam PRUlink dana aman 16,762,085 32,681,058 40,331,086 27.02%
Pelaburan dalam PRUlink dana unggul 26,517,375 90,926,864 101,640,569 82.84%

Pelaburan dalam PRUlink dana aman 8,749,841 18,873,785 21,052,906 17.16%
Pelaburan dalam Asian equity fund 905,939 100,604,890 186,089,734 79.10%

Pelaburan dalam Asian bond fund 612,370 37,376,207 57,076,598 24.26%


Pelaburan dalam Asian property securities fund 547,731 16,623,163 37,540,227 104.36%
Pelaburan dalam Asian local bond fund 441,777 26,876,511 31,343,167 101.10%
Pelaburan dalam global market navigator fund 1,055,295 54,241,834 67,206,358 101.95%


Pelaburan dalam dragon peacock fund 718,118 83,956,435 125,554,536 100.53%
Pelaburan dalam Asian equity fund 268,999 37,305,710 55,255,421 100.54%
Investments Intitusi Kewangan - Nama Produk Kuantiti Kos (RM) Nilai Pasaran (RM) % daripada NAB
Produk Berstruktur CIMB - Prudential Global Optimal 2021 Floating 3,257,145 3,059,759 3,315,190 100.61%


Pelaburan Institusi Kewangan - Nama Produk Kuantiti Kos (RM) Nilai Pasaran (RM) % daripada NAB
Produk Berstruktur CIMB - Prudential Global Optimal 2026 Floating 3,459,915 3,130,876 3,710,131 101.24%
Produk Berstruktur CIMB - Prudential Global Optimal 2031 Floating 157,584 134,499 179,540 101.54%
Jumlah Nilai Pelaburan 157,584 134,499 179,540 101.54%
Produk Berstruktur CIMB - Prudential Global Optimal 2036 Floating 103,162 87,372 125,315 101.89%
Jumlah Nilai Pelaburan 103,162 87,372 125,315 101.89%


Deposit Institusi Kewangan Nilai (RM) % daripada NAB

Deposit Pasaran Wang Public Bank Berhad 1,000,000 29.80%
Hong Leong Bank Berhad 500,000 14.90%
RHB Bank Berhad 1,000,000 29.80%
Malayan Banking Berhad 1,000,000 29.80%
Deposit Pasaran Wang Keseluruhan 3,500,000 104.31%

Perbankan & Kewangan Ammb Holdings Bhd 40,000 177,904 177,070 2.73%
Bimb Holdings Bhd 14,240 53,392 62,894 0.97%
Cimb Group Holdings Berhad 73,197 398,685 480,527 7.40%
Malayan Banking Berhad 40,184 360,299 395,300 6.09%
Public Bank Bhd 13,350 256,997 278,467 4.29%
Perbankan & Kewangan Keseluruhan 180,971 1,247,276 1,394,259 21.46%
Konglomerat Ijm Corporation Bhd 30,000 99,145 91,848 1.41%
Sime Darby Berhad 32,794 56,043 72,750 1.12%
Mmc Corporation Bhd 63,000 148,612 129,641 2.00%
Malaysian Resources Corporation Bhd 200,000 211,768 224,851 3.46%
Konglomerat Keseluruhan 325,795 515,569 519,090 7.99%
Pembinaan Gamuda Bhd 20,000 100,451 99,577 1.53%
Wct Holdings Berhad 58,078 109,484 94,444 1.45%
Muhibbah Engineering (M) Bhd 30,000 77,208 85,524 1.32%
Econpile Holdings Berhad 150,000 64,238 182,190 2.80%
Kerjaya Prospek Group Berhad 64,000 206,236 260,827 4.02%
Gabungan Aqrs Berhad 33,000 59,023 63,932 0.98%
Pembinaan Keseluruhan 385,078 616,639 786,494 12.11%
Barangan Pengguna Ql Resources Bhd 8,515 21,003 37,181 0.57%
Tiong Nam Logistics Holdings Bhd 73,000 122,188 98,192 1.51%
Barangan Pengguna Keseluruhan 81,515 143,190 135,373 2.08%
Perjudian Genting Bhd 18,800 166,641 173,617 2.67%
Genting Malaysia Bhd 27,000 149,090 152,588 2.35%
Perjudian Keseluruhan 45,800 315,730 326,205 5.02%
Penjagaan Kesihatan Karex Berhad 75,000 119,023 97,871 1.51%
Penjagaan Kesihatan Keseluruhan 75,000 119,023 97,871 1.51%

Pembuatan Skp Resources Bhd 30,000 39,239 68,660 1.06%
Pestech International Berhad 100,000 157,191 175,665 2.70%
Rohas Tecnic Berhad 200,000 229,788 301,140 4.64%
Padini Holdings Bhd 15,000 60,540 79,501 1.22%
Pembuatan Keseluruhan 345,000 486,758 624,966 9.62%
Minyak dan Gas Dialog Group Bhd 138,862 264,843 349,868 5.39%
Petronas Chemicals Group Bhd 23,000 161,719 177,773 2.74%
Serba Dinamik Holdings Berhad 50,000 132,874 162,616 2.50%
Minyak dan Gas Keseluruhan 211,862 559,436 690,257 10.63%
Perladangan / Sumber Asli Sime Darby Plantation Berhad 32,794 169,213 197,512 3.04%
Perladangan / Sumber Asli Keseluruhan 32,794 169,213 197,512 3.04%
Kuasa / Utiliti Tenaga Nasional Bhd 37,000 487,251 566,766 8.73%
Kuasa / Utiliti Keseluruhan 37,000 487,251 566,766 8.73%
Harta Matrix Concepts Holdings Bhd 18,978 37,446 41,720 0.64%
Sunway Bhd 28,178 39,031 46,105 0.71%
Sime Darby Property Berhad 32,794 45,484 58,595 0.90%
Harta Keseluruhan 79,950 121,961 146,420 2.25%
Teknologi Inari Amertron Berhad 48,750 72,734 166,380 2.56%
Teknologi Keseluruhan 48,750 72,734 166,380 2.56%
Berkaitan Pengangkutan / Logistik Ml Global Bhd 22,200 24,230 39,443 0.61%
Berkaitan Pengangkutan / Logistik Keseluruhan 22,200 24,230 39,443 0.61%
Pengangkutan Malaysia Airports Holdings Bhd 13,000 83,529 114,704 1.77%
Airasia Bhd 72,000 221,496 242,117 3.73%
Pos Malaysia Bhd 33,000 171,891 173,908 2.68%
Pengangkutan Keseluruhan 118,000 476,917 530,729 8.17%
Jumlah Besar 1,989,715 5,355,929 6,221,762 95.78%

Bon Korporat Ambank Malaysia Bhd 5.20% 29/12/2023 170,000 170,000 171,226 1.89%
Bumitama Agri Ltd 5.250% 18/03/2019 100,000 100,000 100,948 1.12%
Cimb Bank Bhd 4.770% 16/10/2023 35,000 35,000 35,161 0.39%
Cimb Bank Bhd 4.80% 13/09/2023 35,000 35,000 35,158 0.39%
F&N Capital Sdn Bhd 4.240% 05/10/2018 60,000 60,108 60,141 0.66%
First Resources Ltd 4.850% 27/10/2021 200,000 200,588 202,138 2.23%
Gamuda Berhad 4.2150% 26/10/2018 50,000 50,035 49,991 0.55%
Hong Leong Bank Bhd 4.80% 21/06/2024 22,000 22,000 22,125 0.24%
Malayan Banking Bhd 4.90% 29/01/2024 70,000 70,000 70,229 0.78%
Malaysia Airports Holdings Berhad 4.150% 06/09/2018 28,000 28,000 28,044 0.31%
Maybank Islamic Bhd 4.750% 05/04/2024 40,000 40,000 40,205 0.44%
Public Bank Bhd 4.730% 15/11/2023 196,000 197,512 196,596 2.17%
Public Bank Bhd 4.80% 25/09/2023 200,000 200,400 200,712 2.22%
Public Islamic Bank Bhd 4.750% 07/06/2024 45,000 45,000 45,265 0.50%
Rhb Islamic Bank Berhad 4.950% 15/05/2024 310,000 311,620 311,934 3.45%
Alliance Bank Malaysia Berhad 5.750% 27/10/2025 230,000 230,000 236,033 2.61%
Cagamas Mbs Bhd 5.920% 12/12/2025 200,000 215,460 218,356 2.41%
Cimb Group Holdings Bhd 5.150% 23/12/2025 300,000 300,000 305,088 3.37%
Hong Leong Financial Group 4.80% 17/09/2020 200,000 200,000 201,836 2.23%
Ytl Power International Berhad 4.950% 11/10/2024 120,000 118,620 122,153 1.35%

Bon Korporat Rhb Investment Bank Berhad 4.950% 16/04/2025 100,000 100,000 100,505 1.11%
Genm Capital Bhd 4.90% 22/08/2025 200,000 200,000 201,190 2.22%
Benih Restu Bhd 4.620% 05/06/2025 100,000 100,000 100,577 1.11%
Krung Thai Bank 5.10% 04/07/2025 250,000 250,040 254,265 2.81%
Cimb Bank Bhd 4.770% 07/08/2026 100,000 100,000 100,412 1.11%
Ekve Sdn Bhd 5.350% 29/01/2027 330,000 334,092 348,500 3.85%
Mex Ii Sdn Bhd 5.10% 29/04/2021 30,000 30,195 30,468 0.34%
Lebuhraya Duke Fasa 3 Sdn Bhd 5.640% 22/08/2031 300,000 306,090 317,667 3.51%
Affin Bank Bhd 5.030% 20/09/2027 250,000 250,000 252,750 2.79%
Affin Bank Bhd 5.450% 05/02/2027 450,000 450,000 461,997 5.11%
Ammb Holdings Berhad 5.20% 15/03/2027 200,000 200,000 203,474 2.25%
Public Bank Bhd 4.850% 23/04/2027 100,000 100,000 101,000 1.12%
Sarawak Energy Bhd 5.320% 03/12/2032 150,000 150,615 151,860 1.68%
Ambank Malaysia Bhd 4.90% 15/10/2027 150,000 150,000 150,377 1.66%
Northern Gateway Infrastructure Sdn Bhd 5.150% 29/08/2028 400,000 403,344 410,268 4.54%
Bon Korporat Keseluruhan 7,356,000 7,400,743 7,510,786 83.03%
Kerajaan Malaysian Government Securities 4.2320% 30/06/2031 450,000 430,650 450,990 4.99%
Kerajaan Keseluruhan 450,000 430,650 450,990 4.99%
Separa Kerajaan Sarawak Hidro Sdn Bhd 4.60% 18/08/2028 108,000 108,600 109,153 1.21%
Danainfra Nasional Bhd 4.650% 20/10/2036 400,000 400,000 387,876 4.29%
Separa Kerajaan Keseluruhan 528,000 528,600 517,139 5.72%
Jumlah Besar 8,334,000 8,359,993 8,478,916 93.73%

Automotif Hup Seng Industries Bhd 1,145,200 1,398,088 1,253,011 0.45%
Perbankan & Kewangan Ammb Holdings Bhd 2,528,900 11,019,344 11,194,828 4.00%
Public Bank Bhd 1,140,000 23,423,032 23,779,219 8.49%
Barangan Pengguna British American Tobacco (M) Bhd 224,800 8,612,657 9,026,170 3.22%
Magni-Tech Industries Bhd 240,400 1,047,475 1,373,074 0.49%
Barangan Pengguna Keseluruhan 465,200 9,660,132 10,399,244 3.71%
Perjudian Genting Bhd 1,480,000 13,568,481 13,667,741 4.88%
Penjagaan Kesihatan Hartalega Holdings Bhd 378,100 2,463,194 4,053,453 1.45%
Pembuatan Ntpm Holdings Bhd 3,500,000 3,064,547 2,230,946 0.83%
Pecca Group Berhad 669,900 1,087,893 1,042,291 0.37%
Minyak dan Gas Lotte Chemical Titan Holding Berhad 1,486,300 9,684,109 7,012,155 2.50%

Perladangan / Sumber Asli Ioi Corporation Bhd 1,008,000 4,532,065 4,593,710 1.64%
Cb Industrial Product Holding Bhd 1,736,600 3,551,552 3,137,758 1.12%
Harta Eastern & Oriental Bhd 3,051,400 5,153,895 4,380,083 1.56%
United U-Li Corporation Bhd 739,000 3,146,860 2,522,148 0.90%
Salutica Berhad 1,937,700 3,062,685 2,839,792 1.01%
Telekomunikasi Telekom Malaysia Bhd 560,200 3,456,309 3,542,671 1.27%
Telekomunikasi Keseluruhan 560,200 3,456,309 3,542,671 1.27%
Pengangkutan Malaysia Airports Holdings Bhd 942,500 7,780,377 8,316,056 2.97%
Westports Holdings Berhad 804,200 2,973,910 2,986,847 1.07%
Airasia Bhd 1,049,300 3,239,321 3,528,513 1.26%
Jumlah Besar 53,074,702 218,328,111 235,902,354 84.27%

Automotif Bermaz Auto Berhad 2,230,000 4,708,269 4,924,643 0.80%
Perbankan & Kewangan Ammb Holdings Bhd 750,000 3,239,210 3,320,069 0.54%
Hong Leong Bank Bhd 525,000 7,537,262 8,958,915 1.45%
Hong Leong Financial Group Bhd 329,000 4,992,770 5,904,874 0.96%
Public Bank Bhd 426,700 8,445,187 8,900,520 1.44%
Rhb Bank Bhd 1,760,570 8,329,831 8,836,301 1.43%
Allianz Malaysia Bhd 617,600 6,170,277 8,369,283 1.36%
Bahan Binaan Ann Joo Resources Bhd 517,900 1,563,339 2,006,691 0.33%
Bahan Binaan Keseluruhan 517,900 1,563,339 2,006,691 0.33%
Barangan Pengguna British American Tobacco (M) Bhd 350,500 15,641,715 14,073,276 2.28%
Carlsberg Brewery Malaysia Bhd 908,200 12,746,218 13,948,263 2.26%
Nestle (M) Bhd 194,200 15,226,600 20,117,597 3.26%
Heineken Malaysia Berhad 993,200 16,711,440 18,842,812 3.06%
Pentamaster Corporation Berhad 2,261,088 2,972,817 6,877,131 1.12%

Perjudian Genting Bhd 3,375,000 27,922,052 31,167,990 5.05%
Penjagaan Kesihatan Hartalega Holdings Bhd 448,200 2,742,696 4,804,966 0.78%
Pembuatan Pecca Group Berhad 1,100,000 1,902,550 1,711,479 0.28%
Hong Leong Industries Bhd 816,500 7,768,922 7,941,950 1.29%
Gas Malaysia Berhad 554,800 1,328,936 1,609,463 0.26%
Petronas Chemicals Group Bhd 500,000 3,425,339 3,864,630 0.63%
Perladangan / Sumber Asli Ioi Corporation Bhd 314,800 1,405,883 1,434,623 0.23%

Harta Igb Real Estate Investment Trust 9,880,000 15,549,237 17,851,579 2.89%
Klcc Prop&Reits-Stapled Sec 220,000 1,635,121 1,908,023 0.31%
Sunway Bhd 2,333,333 4,010,356 3,817,785 0.62%
Sp Setia Bhd - Pa 190,037 190,037 209,835 0.03%
Sunway Berhad - Wb 300,000 - 171,650 0.03%
Kip Real Estate Investment Trust 2,044,000 2,048,333 1,774,779 0.29%
Uchi Technologies Bhd 2,500,000 4,416,830 8,306,445 1.35%
Telekomunikasi Digi.Com Bhd 1,600,000 8,150,064 8,191,008 1.33%
Maxis Bhd 2,348,000 12,995,307 14,165,104 2.30%
Time Dot Com Bhd 927,000 7,758,281 8,467,756 1.37%
Telekomunikasi Keseluruhan 7,975,000 47,655,924 50,428,082 8.18%
Pengangkutan Malaysia Airports Holdings Bhd 515,500 4,239,562 4,548,464 0.74%
Airasia Bhd 1,191,000 3,784,666 4,005,011 0.65%
Jumlah Besar 103,917,656 488,312,713 547,595,220 88.80%

Eastspring Investments Asian High Yield Bond MY Fund 21,742,238 11,608,212 11,479,902 99.69%
Eastspring Investments Japan Dynamic MY Fund 3,847,686 1,987,138 2,374,792 100.78%
Eastspring Investments Global Leaders MY Fund 1,410,890 961,346 1,054,217 100.53%
Jumlah Nilai Pelaburan 1,410,890 961,346 1,054,217 100.53%


SCHRODER ASIAN INCOME SGD CLASS X 7,089,697 25,290,022 25,054,285 99.78%
SISF EURO Equity SGD Hdg A Acc 18,990 3,735,665 3,724,040 99.42%
Eastspring Investments Equity Income Fund 16,840,414 14,336,732 14,817,880 23.02%

Eastspring Investments Bond Fund 74,067,435 49,847,637 48,506,763 75.37%

PRUlink funds P E N YATA A S E T DA N L I A B I L I T I 3 4 5
PE N YATA AS ET DAN L IABI L I T I

2017 2016
PRUlink equity fund RM % RM %
Pelaburan
Ekuiti Disebut Harga 9,560,331,436 95.90 8,430,181,777 98.58
Tunai dan Deposit

Tunai di Bank 25,613,009 0.25 29,710 0.00
Deposit 522,970,000 5.25 167,620,000 1.96
Aset Cukai 16,512,557 0.17 14,071,129 0.17
Aset Lain 3,119,296 0.03 17,233,180 0.20
Jumlah Aset 10,128,546,298 101.60 8,629,135,796 100.91
Liabiliti Cukai Tertunda (116,696,551) (1.17) (73,491,400) (0.86)
Liabiliti Lain (42,496,111) (0.43) (3,909,658) (0.05)
Jumlah Liabiliti (159,192,662) (1.60) (77,401,058) (0.91)
Nilai Aset Bersih Dana 9,969,353,636 100.00 8,551,734,738 100.00
Dana Pemegang Polisi

Modal 5,743,776,366 57.61 5,393,724,385 63.07
Pendapatan Dijana dibawa ke depan 4,225,577,270 42.39 3,158,010,353 36.93
9,969,353,636 100.00 8,551,734,738 100.00
Nilai Aset Bersih Seunit (RM) 4.435 3.949


2017 2016
PRUlink bond fund RM % RM %
Pelaburan
Sekuriti Pendapatan Tetap 1,514,049,649 97.12 2,571,215,222 97.08
Tunai dan Deposit

Tunai di Bank 32,254 0.00 24,304 0.00
Deposit 32,560,000 2.09 51,880,000 1.96
Aset Lain 16,658,630 1.07 28,094,489 1.06
Jumlah Aset 1,563,300,533 100.28 2,651,214,015 100.10
Liabiliti Cukai (2,158,494) (0.14) (1,961,488) (0.07)
Liabiliti Cukai Tertunda (738,075) (0.05) (441,685) (0.02)
Liabiliti Lain (1,486,751) (0.09) (157,707) (0.01)

Modal 823,410,096 52.82 2,021,464,913 76.32
Pendapatan Dijana dibawa ke hadapan 735,507,117 47.18 627,188,222 23.68
1,558,917,213 100.00 2,648,653,135 100.00


2017 2016
PRUlink managed fund RM % RM %
Pelaburan dalam
PRUlink equity fund 1,474,362,411 73.58 1,294,572,907 69.82
Aset Lain 1,506,077 0.08 - -
Jumlah Aset 2,005,677,437 100.10 1,854,165,561 100.00
Liabiliti Lain (1,955,004) (0.10) (30,583) (0.00)
Jumlah Liabiliti (1,955,004) (0.10) (30,583) (0.00)
Modal 1,036,920,501 51.75 1,067,183,698 57.56
2,003,722,433 100.00 1,854,134,978 100.00


2017 2016
PRUlink managed fund II RM % RM %
Pelaburan dalam
PRUlink equity fund 1,086,063,389 83.22 867,074,616 79.76
Aset Lain 30,603 - - -
Jumlah Aset 1,305,133,400 100.00 1,087,136,882 100.00
Liabiliti Lain - - (147) (0.00)
Jumlah Liabiliti - - (147) (0.00)
Modal 1,009,882,530 77.38 913,165,227 84.00
1,305,133,400 100.00 1,087,136,735 100.00


2017 2016
PRUlink golden equity fund RM % RM %
Pelaburan dalam
PRUlink equity income fund 457,910,780 99.75 360,578,170 100.00
Aset Lain 1,135,879 0.25 - -
Jumlah Aset 459,046,659 100.00 360,578,170 100.00
Nilai Aset Bersih Dana 459,046,659 100.00 360,578,169 100.00

Modal 348,481,849 75.91 304,717,308 84.51
459,046,659 100.00 360,578,169 100.00


2017 2016
PRUlink golden bond fund RM % RM %
Pelaburan dalam
PRUlink bond fund - - 1,062,794,898 100.00
Eastspring Investment - Asian High Yield Bond Fund Class D 22,897,433 1.93 - -
Sekuriti Pendapatan Tetap 1,115,625,366 93.88 - -
Tunai dan Deposit

Tunai di Bank 39,224 0.00 - -
Deposit 36,360,000 3.06 - -
Aset Cukai Tertunda 201,406 0.02 - -
Aset Lain 14,244,275 1.20 - -
Jumlah Aset 1,189,367,704 100.09 1,062,794,898 100.00
Liabiliti Cukai (1,005,226) (0.09) - -
Liabiliti Lain (6,000) (0.00) (29,039) (0.00)

Modal 1,004,472,335 84.53 920,831,129 86.64
1,188,356,478 100.00 1,062,765,859 100.00


2017 2016
PRUlink golden managed fund RM % RM %
Pelaburan dalam
PRUlink golden equity fund 89,415,816 23.57 48,583,491 18.77
PRUlink golden bond fund 289,964,251 76.43 210,303,716 81.23
Aset Lain 222,983 0.06 - -
Jumlah Aset 379,603,050 100.06 258,887,207 100.00
Liabiliti Lain (218,053) (0.06) (88) (0.00)
Jumlah Liabiliti (218,053) (0.06) (88) (0.00)

Modal 345,537,199 91.08 243,176,632 93.93
379,384,997 100.00 258,887,119 100.00


2017 2016
PRUlink education equity fund RM % RM %
Terealisasi
PRUlink equity fund 3,661,472 100.00 2,805,643 100.00
Aset Lain 1,122 0.03 - -
Jumlah Aset 3,662,594 100.03 2,805,643 100.00
Liabiliti Lain (1,122) (0.03) - -
Jumlah Liabiliti (1,122) (0.03) - -

Modal 3,154,428 86.15 2,666,005 95.02
Pendapatan Dijana dibawa ke hadapan 507,044 13.85 139,638 4.98
3,661,472 100.00 2,805,643 100.00


2017 2016
PRUlink education bond fund RM % RM %
Pelaburan dalam
Aset Lain 1,171 0.02 - -
Jumlah Aset 6,531,793 100.06 5,296,935 100.00
Liabiliti Lain (3,922) (0.06) (145) (0.00)

Modal 5,833,018 89.36 4,828,486 91.16
6,527,871 100.00 5,296,790 100.00


2017 2016
PRUlink dana unggul RM % RM %
Pelaburan
Ekuiti Disebut Harga 922,639,959 96.99 821,371,776 97.56
Tunai dan Deposit

Tunai di Bank 2,820,121 0.30 21,221 0.00
Deposit 52,150,000 5.48 23,810,000 2.83
Aset Cukai 830,279 0.09 1,097,268 0.13
Aset Lain 1,228,743 0.12 3,123,421 0.37
Jumlah Aset 979,669,102 102.98 849,423,686 100.89
Liabiliti Lain (17,063,534) (1.79) (194,681) (0.02)

Modal 522,457,903 54.92 505,918,929 60.09
951,318,561 100.00 841,950,779 100.00


2017 2016
PRUlink dana aman RM % RM %
Pelaburan
Sekuriti Pendapatan Tetap 102,201,104 95.59 110,878,657 98.70
Tunai dan Deposit

Tunai di Bank 32,514 0.03 21,387 0.02
Deposit 3,860,000 3.61 1,560,000 1.39
Aset Lain 1,050,307 0.98 1,221,800 1.08
Jumlah Aset 107,143,925 100.21 113,681,844 101.19
Liabiliti Cukai (83,695) (0.08) (75,332) (0.06)
Liabiliti Lain (111,735) (0.10) (1,256,636) (1.12)
Jumlah Liabiliti (232,176) (0.21) (1,342,327) (1.19)

Modal 71,316,017 66.71 81,319,150 72.39
106,911,749 100.00 112,339,517 100.00


2017 2016
PRUlink dana urus RM % RM %
Pelaburan dalam
Aset Lain 140,125 0.09 - -
Jumlah Aset 149,461,855 100.12 144,455,049 100.00
Liabiliti Lain (174,317) (0.12) (2,437) (0.00)
Jumlah Liabiliti (174,317) (0.12) (2,437) (0.00)

Modal 66,191,639 44.34 73,598,138 50.95
149,287,538 100.00 144,452,612 100.00


2017 2016
PRUlink dana urus II RM % RM %
Pelaburan dalam
Aset Lain 2,509 0.00 - -
Jumlah Aset 122,695,984 100.00 105,510,927 100.00

Modal 91,717,601 74.75 85,034,469 80.59
122,695,984 100.00 105,510,839 100.00


2017 2016
PRUlink Asia managed fund RM % RM %
Pelaburan dalam
Asian Bond Fund 57,076,598 24.26 51,094,836 25.21
Tunai dan Deposit

Tunai di Bank 1,051,095 0.45 45,144 0.03
Deposit 350,000 0.15 - -
Aset Lain 95 0.00 - -
Jumlah Aset 244,567,522 103.96 211,925,728 104.58
Liabiliti Cukai (253,249) (0.11) (743,433) (0.37)
Liabiliti Lain (652,521) (0.28) (2,538,564) (1.25)

Modal 119,818,236 50.93 118,709,382 58.58
235,252,283 100.00 202,654,117 100.00


2017 2016
PRUlink Asia property securities fund RM % RM %
Pelaburan dalam
Asian Property Securities Fund 37,540,227 104.36 29,775,265 104.42
Tunai dan Deposit

Tunai di Bank 5,057 0.01 25,541 0.09
Deposit 108,000 0.30 - -
Aset Lain 38,566 0.11 12,324 0.04
Jumlah Aset 37,691,850 104.78 29,813,130 104.55
Liabiliti Cukai (34,632) (0.10) (27,388) (0.10)
Liabiliti Lain (14,781) (0.04) - -

Modal 16,538,465 45.98 13,865,257 48.62
35,971,499 100.00 28,514,786 100.00


2017 2016
PRUlink Asia local bond fund RM % RM %
Pelaburan dalam
Asian Local Bond Fund 31,343,167 101.10 34,698,522 100.85
Tunai dan Deposit

Tunai di Bank 2,944 0.01 3,858 0.01
Deposit 102,000 0.33 2,520,000 7.32
Aset Lain 28 0.00 24,003 0.07
Jumlah Aset 31,448,139 101.44 37,246,383 108.25
Liabiliti Cukai (64,009) (0.21) (157) (0.00)
Liabiliti Lain (114,256) (0.37) (2,516,220) (7.31)
Jumlah Liabiliti (446,271) (1.44) (2,840,092) (8.25)

Modal 25,934,297 83.65 29,131,884 84.67
31,001,868 100.00 34,406,291 100.00


2017 2016
PRUlink global market navigator fund RM % RM %
Pelaburan dalam
Global Market Navigator Fund 67,206,358 101.95 42,333,662 104.01
Tunai di Bank 19,464 0.03 6,515 0.02
Aset Lain 332,821 0.50 - -
Jumlah Aset 67,558,643 102.48 42,340,177 104.03
Liabiliti Cukai (24,462) (0.04) (5,979) (0.02)
Liabiliti Cukai Tertunda (1,037,043) (1.57) (961,987) (2.36)
Liabiliti Lain (573,193) (0.87) (672,537) (1.65)

Modal 54,397,555 82.52 29,623,212 72.78
65,923,945 100.00 40,699,674 100.00


2017 2016
PRUlink dragon peacock fund RM % RM %
Pelaburan dalam
Dragon Peacock Fund 125,554,536 100.53 62,418,190 101.00
Tunai dan Deposit

Tunai di Bank 3,503 0.00 80,879 0.13
Deposit 557,000 0.45 - -
Aset Lain 269,347 0.22 280,061 0.45
Jumlah Aset 126,384,386 101.20 62,779,130 101.58
Liabiliti Cukai (47,202) (0.04) (140,456) (0.23)
Liabiliti Cukai Tertunda (1,040,005) (0.83) (532,710) (0.86)
Liabiliti Lain (406,138) (0.33) (304,078) (0.49)

Modal 86,645,935 69.38 42,599,428 68.93
124,891,041 100.00 61,801,886 100.00


2017 2016
PRUlink Asia equity fund RM % RM %
Pelaburan dalam
Tunai dan Deposit

Tunai di Bank 3,385 0.01 16,249 0.04
Deposit 358,000 0.65 - -
Aset Cukai Tertunda - - 4 0.00
Aset Lain 276,809 0.50 - -
Jumlah Aset 55,893,615 101.70 37,318,133 100.98
Liabiliti Cukai (65,989) (0.12) - -
Liabiliti Lain (149,468) (0.27) (8,771) (0.02)

Modal 39,715,587 72.26 30,501,836 82.54
54,960,140 100.00 36,955,119 100.00


2017 2016
PRUlink dyna growth I fund RM % RM %
Pelaburan
Produk Berstruktur 3,315,190 100.61 3,567,679 100.52
Tunai di Bank 911 0.03 2,064 0.06
Jumlah Aset 3,316,101 100.64 3,569,743 100.58
Liabiliti Cukai (479) (0.02) (1,594) (0.05)

Modal 2,993,973 90.86 3,283,851 92.52
3,295,188 100.00 3,549,200 100.00


2017 2016
PRUlink dyna growth II fund RM % RM %
Pelaburan
Produk Berstruktur 3,710,131 101.24 3,884,870 100.98
Tunai di Bank 1,759 0.05 4,285 0.11
Jumlah Aset 3,711,890 101.29 3,889,155 101.09
Liabiliti Cukai (993) (0.03) (3,453) (0.09)

Modal 2,987,678 81.53 3,298,695 85.74
3,664,558 100.00 3,847,132 100.00


2017 2016
PRUlink dyna growth III fund RM % RM %
Pelaburan
Produk Berstruktur 179,540 101.54 168,581 101.11
Tunai di Bank 792 0.45 1,542 0.92
Aset Cukai 92 0.05 - -
Jumlah Aset 180,424 102.04 170,123 102.03
Liabiliti Cukai - - (658) (0.39)
Nilai Aset Bersih Dana 176,821 100.00 (166,738) 100.00

Modal 139,817 79.07 139,817 83.85
176,821 100.00 166,738 100.00


2017 2016
PRUlink dyna growth IV fund RM % RM %
Pelaburan
Produk Berstruktur 125,315 101.89 115,027 101.32
Tunai di Bank 598 0.49 1,533 1.35
Aset Cukai 116 0.09 - -
Jumlah Aset 126,029 102.47 116,560 102.67
Liabiliti Cukai - - (819) (0.72)
Nilai Aset Bersih Dana 122,993 100.00 113,529 100.00

Modal 89,258 72.57 89,258 78.62
122,993 100.00 113,529 100.00


2017 2016
PRUlink money market fund RM % RM %
Tunai dan Deposit

Tunai di Bank 52,433 1.56 56,111 0.98
Deposit 3,500,000 104.31 5,670,000 98.85
Aset Lain 11,987 0.36 12,862 0.22
Jumlah Aset 3,564,420 106.23 5,738,973 100.05
Liabiliti Cukai (861) (0.03) (1,690) (0.03)
Liabiliti Lain (208,246) (6.20) (1,139) (0.02)

Modal 1,918,987 57.19 4,454,836 77.66
3,355,313 100.00 5,736,144 100.00


2017 2016
PRUlink golden equity fund II RM % RM %
Pelaburan
Tunai dan Deposit

Tunai di Bank 56,464 0.87 20,283 0.45
Deposit 230,000 3.54 320,000 7.07
Aset Lain 3,721 0.06 14,351 0.31
Jumlah Aset 6,511,947 100.25 4,676,417 103.30
Liabiliti Lain (16,302) (0.25) (149,508) (3.30)

Modal 5,377,768 82.79 4,368,181 96.49
Pendapatan Dijana dibawa ke hadapan 1,117,877 17.21 158,728 3.51
6,495,645 100.00 4,526,909 100.00


2017 2016
PRUlink golden bond fund II RM % RM %
Pelaburan
Sekuriti Pendapatan Tetap 8,478,916 93.73 6,706,345 96.72
Tunai dan Deposit

Tunai di Bank 36,298 0.40 23,928 0.35
Deposit 440,000 4.86 130,000 1.88
Aset Lain 101,200 1.12 74,457 1.07
Jumlah Aset 9,056,414 100.11 6,934,730 100.02
Liabiliti Lain (10,141) (0.11) (1,049) (0.02)

Modal 8,174,271 90.36 6,434,980 92.81
9,046,273 100.00 6,933,681 100.00


2017 2016
PRUlink equity focus fund RM % RM %
Pelaburan
Tunai dan Deposit

Tunai di Bank 677,416 0.24 22,746 0.01
Deposit 45,920,000 16.40 31,240,000 18.70
Aset Cukai Tertunda - - 209,009 0.13
Aset Lain 171,390 0.06 277,115 0.17
Jumlah Aset 282,671,160 100.97 169,786,701 101.63
Liabiliti Cukai (461,518) (0.16) (56,525) (0.03)
Liabiliti Cukai Tertunda (1,334,497) (0.48) - -
Liabiliti Lain (917,951) (0.33) (2,674,243) (1.60)

Modal 248,337,848 88.71 170,504,118 102.06
Pendapatan/(Kerugian) Dijana dibawa ke hadapan 31,619,346 11.29 (3,448,185) (2.06)
279,957,194 100.00 167,055,933 100.00


2017 2016
PRUlink equity income fund RM % RM %
Pelaburan
Tunai dan Deposit

Tunai di Bank 897,838 0.15 23,487 0.01
Deposit 72,460,000 11.75 50,130,000 11.49
Aset Cukai 585,819 0.09 96,592 0.02
Aset Cukai Tertunda - - 12,858 0.00
Aset Lain 670,474 0.11 8,323,031 1.91
Jumlah Aset 622,209,351 100.90 436,205,289 100.01
Liabiliti Cukai Tertunda (4,576,762) (0.74) - -
Liabiliti Lain (945,583) (0.16) (44,034) (0.01)

Modal 545,898,066 88.52 434,234,431 99.56
616,687,006 100.00 436,161,255 100.00


2017 2016
PRUlink Asian high yield bond fund RM % RM %
Pelaburan dalam
Eastspring Investment Asian High Yield Bond MY Fund 11,479,902 99.69 4,186,035 99.43
Tunai di Bank 12,619 0.11 145 0.00
Aset Cukai 7,304 0.06 - -
Aset Cukai Tertunda 10,265 0.09 3,207 0.08
Aset Lain 5,614 0.05 26,970 0.64
Jumlah Aset 11,515,704 100.00 4,216,357 100.15
Liabiliti Cukai - - (6,224) (0.15)
Jumlah Liabiliti - - (6,224) (0.15)

Modal 11,081,893 96.23 4,104,920 97.50
11,515,704 100.00 4,210,133 100.00


2017 2016
PRUlink Japan dynamic fund RM % RM %
Pelaburan dalam
Eastspring Investment Japan Dynamic MY Fund 2,374,792 100.78 810,844 100.20
Tunai di Bank 4,153 0.18 97 0.01
Aset Lain 56,000 2.38 8,124 0.99
Jumlah Aset 2,434,945 103.34 819,065 101.20
Liabiliti Cukai (4,026) (0.17) (885) (0.10)
Liabiliti Lain (43,538) (1.85) - -
Nilai Aset Bersih Dana 2,356,369 100.00 809,244 100.00

Modal 1,977,149 83.91 707,271 87.40
2,356,369 100.00 809,244 100.00


2017 2016
PRUlink global leaders fund RM % RM %
Pelaburan dalam
Eastspring Investment Global Leaders MY Fund 1,054,217 100.53 345,341 99.72
Tunai di Bank 197 0.02 99 0.03
Aset Lain 2,834 0.27 3,896 1.13
Jumlah Aset 1,057,248 100.82 349,336 100.88
Liabiliti Cukai (1,211) (0.11) (318) (0.09)

Modal 959,201 91.47 314,827 90.91
1,048,607 100.00 346,299 100.00


2017 2016
PRUlink Asian multi-asset fund RM % RM %
Pelaburan dalam
SCHRODER ASIAN INCOME SGD CLASS X 25,054,285 99.78 5,935,725 98.14
Tunai di Bank 107,139 0.43 130,773 2.16
Aset Cukai 20,629 0.08 - -
Aset Lain 87,742 0.35 113,925 1.88
Jumlah Aset 25,288,707 100.72 6,180,423 102.18
Liabiliti Cukai Tertunda - - (3,549) (0.06)
Liabiliti Lain (180,063) (0.72) (128,470) (2.12)

Modal 24,744,492 98.55 5,993,276 99.09
25,108,644 100.00 6,048,404 100.00


2017 2016
PRUlink euro equity fund RM % RM %
Pelaburan dalam
SISF EURO Equity SGD Hdg A Acc 3,724,040 99.42 6,630 64.84
Tunai di Bank 112,997 3.02 3,617 35.38
Aset Lain 18,511 0.49 9 0.09
Jumlah Aset 3,856,618 102.96 10,256 100.31
Liabiliti Cukai Tertunda (396) (0.01) (32) (0.31)
Liabiliti Cukai (110,434) (2.95) - -

Modal 3,793,941 101.29 9,998 97.79
(Kerugian)/Pendapatan Dijana dibawa ke hadapan (48,153) (1.29) 226 2.21
3,745,788 100.00 10,224 100.00


2017
PRUlink strategic managed fund RM %
Pelaburan dalam
Eastspring Investment Equity Income Fund 14,817,880 23.02
Eastspring Investment Bond Fund 48,506,763 75.37
Tunai di Bank 765,307 1.19
Aset Cukai Tertunda 68,778 0.11
Aset Lain 2,966,300 4.61
Jumlah Aset 67,125,028 104.30
Liabiliti Cukai (154,134) (0.24)
Liabiliti Lain (2,613,645) (4.06)
Jumlah Liabiliti (2,767,779) (4.30)
Nilai Aset Bersih Dana 64,357,249 100.00

Modal 63,329,082 98.40
Pendapatan Dijana dibawa ke hadapan 1,028,167 1.60
64,357,249 100.00
Nilai Aset Bersih Seunit (RM) 0.517

PRUlink funds P E N YATA P E R U B A H A N DA L A M N I L A I A S E T B E R S I H 3 7 9
P E N YATA PERUBAHAN DAL A M N I L A I A S E T B E R S I H

B a g i t ah un k e wangan ber akhi r 3 1 Disem ber 2 01 7
2017 2016
Nilai Aset Bersih pada awal tahun 8,551,734,738 8,449,293,405
Amaun diterima daripada unit yang diterbitkan 1,765,567,845 1,978,657,841
Amaun dibayar bagi unit yang dibatalkan (1,415,515,864) (1,776,983,632)
Pendapatan/(Perbelanjaan) Bersih 1,067,566,917 (99,232,876)
Nilai dana pada akhir tahun 9,969,353,636 8,551,734,738
2017 2016
Amaun diterima daripada unit yang diterbitkan 296,056,743 378,096,069
Amaun dibayar bagi unit yang dibatalkan (1,494,111,560) (429,913,095)
Lebihan Pendapatan berbanding Perbelanjaan 108,318,895 115,951,279


2017 2016
Amaun dibayar bagi unit yang dibatalkan (224,570,929) (210,258,262)
2017 2016
Nilai Aset Bersih pada awal tahun 1,087,136,735 978,088,433
Lebihan Pendapatan berbanding Perbelanjaan 121,279,362 415,648


2017 2016
Nilai Aset Bersih pada awal tahun 360,578,169 331,826,580
Pendapatan/(Perbelanjaan) Bersih 54,703,949 (3,969,969)
Nilai dana pada akhir tahun 459,046,659 360,578,169
2017 2016
Nilai Aset Bersih pada awal tahun 1,062,765,859 937,773,679


2017 2016
2017 2016
Amaun diterima daripada unit yang diterbitkan 875,904 859,055
Amaun dibayar bagi unit yang dibatalkan (387,481) (373,248)
Pendapatan/(Perbelanjaan) Bersih 367,406 (28,426)


2017 2016
Lebihan Pendapatan berbanding Perbelanjaan 226,549 176,871
2017 2016


2017 2016
2017 2016


2017 2016
2017 2016


2017 2016
2017 2016
(Perbelanjaan)/Pendapatan Bersih (206,836) 1,530,524


2017 2016
Lebihan Pendapatan berbanding Perbelanjaan 449,928 4,330,255
2017 2016


2017 2016
2017 2016
Amaun diterima daripada unit yang diterbitkan - -


2017 2016
2017 2016
Nilai Aset Bersih pada awal tahun 166,738 203,968
Amaun dibayar bagi unit yang dibatalkan - (45,298)
Nilai dana pada akhir tahun 176,821 166,738


2017 2016
Amaun dibayar bagi unit yang dibatalkan - (48,026)
Nilai dana pada akhir tahun 122,993 113,529
2017 2016


2017 2016
2017 2016


2017 2016
2017 2016


2017 2016
Nilai Aset Bersih pada awal tahun 4,210,133 14,721
2017 2016
Amaun diterima daripada unit yang diterbitkan 1,446,929 626,485
Nilai dana pada akhir tahun 2,356,369 809,244


2017 2016
Amaun diterima daripada unit yang diterbitkan 687,788 168,583
Nilai dana pada akhir tahun 1,048,607 346,299
2017 09.08.2016 to 31.12.2016

Nilai Aset Bersih pada awal tahun/tempoh 6,048,404 -
Amaun dibayar bagi unit yang dibatalkan (1,415,512) (44,379)
Nilai dana pada akhir tahun/tempoh 25,108,644 6,048,404


2017 09.08.2016 to 31.12.2016

Nilai Aset Bersih pada awal tahun/tempoh 10,224 -
Amaun diterima daripada unit yang diterbitkan 4,015,343 10,017
Amaun dibayar bagi unit yang dibatalkan (231,400) (19)
(Perbelanjaan)/Pendapatan Bersih (48,379) 226
Nilai dana pada akhir tahun/tempoh 3,745,788 10,224


03.04.2017 to 31.12.2017
Nilai Aset Bersih pada awal tempoh -
Amaun diterima daripada unit yang diterbitkan 63,584,873
Amaun dibayar bagi unit yang dibatalkan (255,791)
Lebihan Pendapatan berbanding Perbelanjaan 1,028,167
Nilai dana pada akhir tempoh 64,357,249

PRUlink funds P E N YATA P E N DA PATA N DA N P E R B E L A N J A A N 3 9 7
PE N YATA PEN DAPATAN DA N PE R B E L A N J A A N

B ag i t ah un k e wangan ber akhir 31 Di sem ber 20 17
2017 2016
Pendapatan Pelaburan Bersih 317,709,866 271,015,255

Pendapatan Faedah 13,636,569 11,309,294
Pendapatan Dividen 304,073,297 259,729,270
Lain-Lain - (23,309)
Keuntungan Penjualan Sekuriti 212,699,122 218,470
Laba Modal Belum Direalisasikan 741,772,655 -
Jumlah Pendapatan 1,272,181,643 271,233,725
Yuran Pengurusan Pelaburan (140,963,752) (129,022,758)
Kerugian Modal Belum Direalisasikan - (254,183,460)
Cukai (63,370,475) 12,985,176
Perbelanjaan Lain (280,499) (245,559)
Jumlah Perbelanjaan (204,614,726) (370,466,601)
Pendapatan/(Perbelanjaan) Bersih 1,067,566,917 (99,232,876)
Pendapatan Dijana dihantar ke hadapan 3,158,010,353 3,257,243,229
Pendapatan Dijana dibawa ke hadapan 4,225,577,270 3,158,010,353


2017 2016

Keuntungan Penjualan Sekuriti 8,717,834 -
Laba Modal Belum Direalisasikan 4,939,835 12,996,663
Jumlah Pendapatan 130,773,007 141,346,533
Kerugian Penjualan Sekuriti - (973,667)
Cukai (10,362,513) (11,088,046)
Pendapatan Dijana dihantar ke hadapan 627,188,222 511,236,943
Pendapatan Dijana dibawa ke hadapan 735,507,117 627,188,222


2017 2016

Rebat Yuran 23,939,836 21,598,837
Keuntungan Penjualan Sekuriti 55,155,546 58,078,280


2017 2016

Rebat Yuran 15,992,178 13,245,011
Lebihan Pendapatan berbanding Perbelanjaan 121,279,362 415,648


2017 2016

Rebat Yuran 6,292,319 5,150,755


2017 2016

Rebat Yuran 4,300,937 5,005,655
Pendapatan Faedah 12,631,720 -
Laba Modal Belum Direalisasikan - 29,632,349
Kerugian Modal Belum Direalisasikan (131,371,209) -
Cukai (803,820) -
Perbelanjaan Lain (6,237) -


2017 2016

Rebat Yuran 3,445,725 2,465,242
Keuntungan Penjualan Sekuriti 3,161,057 972,022


2017 2016
Pendapatan Pelaburan Bersih 49,047 38,734

Rebat Yuran 49,047 38,734
Keuntungan Penjualan Sekuriti 27,135 8,224
Laba Modal Belum Direalisasikan 340,272 -
Jumlah Pendapatan 416,454 46,958
Yuran Pengurusan Pelaburan (49,048) (38,736)
Kerugian Modal Belum Direalisasikan - (36,648)
Jumlah Perbelanjaan (49,048) (75,384)
Pendapatan/(Perbelanjaan) Bersih 367,406 (28,426)
Pendapatan Dijana dihantar ke hadapan 139,638 168,064
Pendapatan Dijana dibawa ke hadapan 507,044 139,638


2017 2016

Laba Modal Belum Direalisasikan 194,819 147,337


2017 2016

Pendapatan Faedah 795,498 715,421
Cukai (6,466,477) 3,402,195


2017 2016

Kerugian Penjualan Sekuriti (83,650) (175,890)
Cukai (435,091) (479,183)


2017 2016

Rebat Yuran 1,783,415 1,717,325


2017 2016

Rebat Yuran 1,494,763 1,296,555


2017 2016

Pendapatan Faedah 5,299 54
Lain-Lain 2,648,047 5,335,313
Cukai (3,004,190) (1,575,168)
Perbelanjaan Lain (1,118) (59)


2017 2016

Pendapatan Faedah 1,153 266
Lain-Lain 112,676 314,151
Laba Modal Belum Direalisasikan 5,030,081 559,761
Cukai (456,699) (145,933)


2017 2016
Pendapatan Pelaburan Bersih 423,459 892

Lain-Lain 421,694 (4,129)
Laba Modal Belum Direalisasikan - 1,828,256
Kerugian Modal Belum Direalisasikan (928,473) -
Cukai (33,226) (108,029)
Jumlah Perbelanjaan (1,318,526) (325,211)
(Perbelanjaan)/Pendapatan Bersih (206,836) 1,530,524


2017 2016

Lain-Lain - 13,556
Laba Modal Belum Direalisasikan 938,198 5,051,278
Cukai (102,154) (413,590)
Lebihan Pendapatan berbanding Perbelanjaan 449,928 4,330,255


2017 2016

Lain-Lain 65,764 997,283
Yuran Pengurusan Pelaburan (1,341,255) (848,734)
Cukai (559,917) (265,246)


2017 2016
Pendapatan Pelaburan Bersih 327,771 (5,542)

Lain-Lain 324,260 (6,585)
Keuntungan Penjualan Sekuriti 497,393 -
Cukai (429,345) (147,570)
Jumlah Perbelanjaan (1,128,263) (624,352)


2017 2016
Cukai (3,119) (4,040)


2017 2016
Cukai (11,169) (10,082)


2017 2016
Keuntungan Penjualan Sekuriti - 8,222
Laba Modal Belum Direalisasikan 10,959 548
Cukai (876) (702)
Jumlah Perbelanjaan (876) (702)


2017 2016
Keuntungan Penjualan Sekuriti - 10,239
Cukai (823) (642)
Jumlah Perbelanjaan (823) (2,866)


2017 2016

Cukai (14,863) (21,882)


2017 2016

Pendapatan Dividen 153,788 121,361
Lain-Lain - (12)
Cukai - 289
Jumlah Pendapatan 1,047,366 126,119
Pendapatan Dijana dibawa ke hadapan 1,117,877 158,728


2017 2016

Keuntungan Penjualan Sekuriti - 158


2017 2016

Pendapatan Faedah 1,004,795 305,306
Lain-Lain - (359)
Kerugian Penjualan Sekuriti - (3,648,188)
Cukai (2,592,343) 282,895
(Kerugian)/Pendapatan Dijana dihantar ke hadapan (3,448,185) 1,383,596
Pendapatan/(Kerugian) dijana dibawa ke hadapan 31,619,346 (3,448,185)


2017 2016

Pendapatan Faedah 1,746,580 335,003
Lain-Lain - (155)
Laba Modal Belum Direalisasikan 58,097,111 844,794
Cukai (5,133,444) 34,773
Pendapatan Dijana dihantar ke hadapan 1,926,824 456,295


2017 2016

Cukai (6,387) (3,038)
Kerugian Modal Belum Direalisasikan (88,230) (39,783)
Perbelanjaan Lain (241) (243)
Pendapatan/(Kerugian) Dijana dihantar ke hadapan 105,213 (264)


2017 2016

Pendapatan Faedah 125 4
Cukai (25,405) (10,024)
Pendapatan/(Kerugian) Dijana dihantar ke hadapan 101,973 (6,615)


2017 2016

Cukai (5,603) (3,121)
Pendapatan/(Kerugian) Dijana dihantar ke hadapan 31,472 (1,094)


2017 09.08.2016 - 31.12.2016


Rebat Yuran 194,849 13,376
Lain-Lain (137,621) (22,589)
Laba Modal Belum Direalisasikan - 44,359
Cukai 15,333 (3,549)
Pendapatan Dijana dihantar ke hadapan 55,128 -


2017 09.08.2016 - 31.12.2016

Pendapatan Pelaburan Bersih (16,112) (25)

Rebat Yuran 15,392 10
Lain-Lain (31,542) (36)
Laba Modal Belum Direalisasikan - 388
Jumlah Pendapatan (11,154) 363
Yuran Pengurusan Pelaburan (15,821) (13)
Cukai 1,104 (31)
Jumlah Perbelanjaan (37,225) (137)
(Perbelanjaan)/Pendapatan Bersih (48,379) 226
Pendapatan Dijana dihantar ke hadapan 226 -
(Kerugian)/Pendapatan Dijana dibawa ke hadapan (48,153) 226


03.04.2017 - 31.12.2017
Pendapatan Pelaburan Bersih 2,196,090

Pendapatan Faedah 1,985,057
Rebat Yuran 211,033
Keuntungan Penjualan Sekuriti 851
Jumlah Pendapatan 2,196,941
Yuran Pengurusan Pelaburan (212,079)
Cukai (96,048)
Kerugian Modal Belum Direalisasikan (859,726)
Perbelanjaan Lain (921)
Jumlah Perbelanjaan (1,168,774)
Lebihan Pendapatan berbanding Perbelanjaan 1,028,167
Pendapatan Dijana dihantar ke hadapan -
Pendapatan Dijana dibawa ke hadapan 1,028,167

PRUlink funds N OTA PA DA P E N YATA KE WA N G A N 4 3 1
N OTA PA DA P EN YATA KEWA N G A N
1. Ringkasan Dasar Perakaunan Penting
a. Asas Perakaunan
Penyata kewangan ini telah disediakan menurut Garis Panduan Perniagaan Insurans Berkaitan Pelaburan/Takaful (BNM/RH/GL 010-15) yang diubah suai oleh yang berikut bagi tujuan penetapan harga unit:
i. pelaburan pada nilai pasaran dilaraskan untuk merangkumi kos pemerolehan masa depan.
Ini untuk memastikan penetapan harga unit yang saksama bagi pemegang unit yang masuk, keluar dan yang tinggal;
ii. peruntukan cukai tertunda ke atas laba atau kerugian yang belum direalisasikan menggunakan kadar yang dikira secara aktuari seperti yang ditunjukkan dalam jadual di bawah.
Lembaga Pengarah berpendapat bahawa oleh sebab laba atau kerugian ini akan hanya direalisasikan pada masa depan, maka kadar masing-masing di bawah telah digunakan untuk memastikan penetapan harga unit yang
saksama bagi pemegang unit yang masuk, keluar dan yang tinggal dan bukannya kadar berkanun 8%.
Nama Dana Kadar Cukai Tertunda
PRUlink equity fund 6.0%
PRUlink dana unggul 7.0%
PRUlink bond fund 6.0%
PRUlink dana aman 6.0%
PRUlink Asia local bond fund 6.0%
PRUlink dragon peacock fund 2.5%
PRUlink Asia equity fund 4.0%
PRUlink Asian multi-asset fund 4.0%
PRUlink golden bond fund 6.0%
Kadar berkanun 8% telah digunakan oleh dana-dana lain kecuali dana yang disebutkan di atas.
PRUlink funds N OTA PA DA P E N YATA KE WA N G A N 4 3 2
N OTA PA DA P EN YATA KEWA N G A N (S AMB.)
1. Ringkasan Dasar Perakaunan Penting (SAMB.)
b. Pelaburan
Pelaburan disebut harga dinilai pada harga penutup pasaran pada akhir tahun kewangan.
Saham/bon pinjaman tidak disebut harga dinilai menggunakan harga yang disebut oleh Agensi Penetapan Harga Bon Malaysia.
Laba atau kerugian bersih yang belum direalisasikan dalam nilai pelaburan dikreditkan atau dicajkan ke Penyata Pendapatan dan Perbelanjaan.
c. Pendapatan Dividen
Pendapatan Dividen diiktiraf apabila hak untuk menerima bayaran dapat ditentukan.
d. Pendapatan Faedah
Pendapatan Faedah diiktiraf berasaskan akruan.
e. Laba/Kerugian Penjualan Pelaburan
Laba atau kerugian yang timbul daripada penjualan pelaburan dikreditkan atau dicajkan ke Penyata Pendapatan dan Perbelanjaan.
f. Yuran Pengurusan Pelaburan
Yuran pengurusan pelaburan dikira menurut peruntukan-peruntukan dokumen polisi.

PRUlink funds S T A T EN M
O ET N
A TP O F AI NPCE ON M
A D YAE T AA N KD E W
E XAPNE GN ADNI T U R E 4 3 3
N OTA PA DA P EN YATA KEWA N G A N (S AMB.)
1. Ringkasan Dasar Perakaunan Penting (SAMB.)
g. Rebat Yuran
Ini berkaitan dengan rebat yuran daripada Pengurus Dana bagi pelaburan yang dipegang dalam:
i. PRUlink equity fund dan PRUlink bond fund untuk PRUlink managed fund, PRUlink managed fund II, PRUlink education equity fund dan PRUlink education bond fund; dan
ii. PRUlink equity income fund untuk PRUlink golden equity fund; dan
iii. PRUlink dana unggul dan PRUlink dana aman untuk PRUlink dana urus dan PRUlink dana urus II; dan
iv. PRUlink golden equity fund dan PRUlink golden bond fund untuk PRUlink golden managed fund; dan
v. Eastspring Investment untuk PRUlink Asian high yield bond fund, PRUlink Japan dynamic fund, PRUlink global leaders fund dan PRUlink strategic managed fund; dan
vi. Schroder untuk PRUlink Asian multi-asset fund dan PRUlink euro equity fund; dan
vii. PRUlink bond fund untuk PRUlink golden bond fund (sebelum Oktober 2017 disebabkan PRUlink golden bond fund telah dikategorikan sebagai dana pembekal feeder fund)
h. Tunai dan Deposit
Tunai dan deposit terdiri daripada tunai di tangan dan baki dengan bank, termasuk deposit tetap dan panggilan.
2. Perbelanjaan Lain terdiri daripada caj bank dan caj penjaga.
3. Rebat dan Komisen Ringan
Sepertimana yang dikawal selia oleh Garis Panduan Suruhanjaya Sekuriti, syarikat pengurusan dana dilarang sama sekali daripada menerima sebarang rebat yang timbul daripada transaksi atau pesanan bagi pihak pelanggan. Sebarang
rebat sedemikian yang diterima mestilah dimasukkan ke dalam akaun pelanggan yang berkenaan. Syarikat pengurusan dana bagaimanapun dibenarkan menerima komisen ringan yang timbul daripada transaksi atau pesanan bagi
pihak pelanggan, asalkan setelah mendapat persetujuan terlebih dahulu daripada pelanggan, barangan dan perkhidmatan yang diterima itu adalah dalam bentuk perkhidmatan penyelidikan dan nasihat yang akan membantu dalam
proses membuat keputusan yang berkaitan dengan pelaburan pelanggan dan akhirnya ternyata memberi manfaat kepada pelanggan.
4. Pada 31 Disember 2017, Dana-dana ini tidak mempunyai liabiliti luar jangka atau komitmen.

5. Semua amaun dinyatakan dalam Ringgit Malaysia.

PRUlink funds KE N YATA A N O L E H P E N G A R A H 4 3 4
K
KEE NYATA
N YATA A N OL EH PEN GAR A H
Pada pendapat para Pengarah, penyata kewangan Dana-dana PRUlink (“Dana”) seperti yang dibentangkan pada halaman 345 hingga 433 yang terdiri daripada Penyata Aset dan Liabiliti pada 31 Disember 2017 serta Penyata Pendapatan
dan Perbelanjaan dan Penyata Perubahan dalam Nilai Aset Bersih yang berkaitan bagi tahun kewangan berakhir 31 Disember 2017 berserta nota-nota padanya telah disediakan menurut dasar perakaunan yang dinyatakan pada Nota 1
pada penyata kewangan dan Garis Panduan Perniagaan Insurans Berkaitan Pelaburan/Takaful (BNM/RH/GL 010-15).
Bagi pihak Lembaga Pengarah:
Soon Dee Hwee

Pengarah
Abdul Khalil bin Abdul Hamid

Pengarah
Kuala Lumpur,
Tarikh: 20th Mac 2018

PRUlink funds L A P O R A N J U R U A U D I T B E B A S KE PA DA P E M E G A N G U N I T D A N A P R U L I N K F U N D S 4 3 5
LA P O RA N JURUAUDIT B EB A S K E PA DA
P E M EG A NG UN IT DAN A PR U L I N K FU N DS
Laporan tentang Audit Penyata Kebebasan dan Tanggungjawab Etika Lain Berkaitan dengan audit kami ke atas penyata kewangan Tanggungjawab Juruaudit terhadap Audit
Kewangan Dana PRUlink, tanggungjawab kami ialah untuk Penyata Kewangan
Kami adalah bebas daripada Dana PRUlink menurut membaca maklumat lain yang dikenal pasti di atas
Undang-undang Kecil (mengenai Etika, Kelakuan dan, dalam berbuat demikian, mempertimbangkan Objektif kami ialah untuk mendapatkan kepastian
Pendapat
dan Amalan Profesional) Institut Akauntan Malaysia sama ada maklumat lain itu banyak yang tidak selaras yang sewajarnya tentang sama ada penyata kewangan
(“Undang-undang Kecil”) dan Kod Etika bagi dengan penyata kewangan Dana PRUlink atau tersebut secara keseluruhannya bebas daripada salah
Kami telah mengaudit penyata kewangan Dana PRUlink
Akauntan Profesional oleh Lembaga Piawaian Etika pengetahuan yang kami peroleh dalam audit kami, nyata yang ketara, sama ada disebabkan oleh penipuan
Prudential Assurance Malaysia Berhad (“Pengurus”)
Antarabangsa bagi Akauntan (“Kod IESBA”), dan kami ataupun kelihatannya banyak disalahnyatakan. Jika, atau kesilapan, serta mengeluarkan laporan juruaudit
yang terdiri daripada Penyata Aset dan Liabiliti pada 31
telah menunaikan tanggungjawab etika kami yang lain berdasarkan kerja yang telah kami jalankan, kami yang menyertakan pendapat kami. Kepastian yang
Disember 2017, Penyata Perubahan dalam Nilai Aset
menurut Undang-undang Kecil dan Kod IESBA ini. membuat kesimpulan bahawa terdapat salah nyata yang sewajarnya adalah tahap kepastian yang tinggi tetapi
Bersih dan Penyata Pendapatan dan Perbelanjaan bagi
material pada maklumat yang lain itu, kami dikehendaki ia bukanlah jaminan bahawa audit yang dijalankan
tahun berakhir pada tarikh itu, serta nota pada penyata
Penekanan Perkara melaporkan fakta itu. Kami tidak mempunyai apa-apa menurut piawaian pengauditan yang diluluskan di
kewangan, termasuk ringkasan dasar perakaunan
untuk dilaporkan berhubung perkara ini. Malaysia dan Piawaian Pengauditan Antarabangsa akan
penting, seperti yang dibentangkan pada halaman 345
Kami ingin menarik perhatian anda kepada Nota 1a sentiasa mengesan salah nyata yang material apabila
hingga 433.
(ii) pada penyata kewangan di mana kadar cukai yang Tanggungjawab Pengarah terhadap Penyata ia wujud. Salah nyata boleh timbul daripada penipuan
lebih rendah telah digunakan untuk peruntukan cukai Kewangan atau kesilapan dan dianggap material sekiranya, secara
Pada pendapat kami, penyata kewangan yang disertakan
tertunda. Sepertimana yang dijelaskan sepenuhnya berasingan atau secara keseluruhannya, ia sewajarnya
bagi tahun berakhir 31 Disember 2017 telah disediakan,
dalam Nota 1a (ii), para Pengarah Pengurus berpendapat Para Pengarah Syarikat bertanggungjawab terhadap dijangka dapat mempengaruhi keputusan ekonomi
dari semua segi yang penting, menurut dasar perakaunan
bahawa adalah lebih adil kepada pemegang unit untuk penyediaan penyata kewangan menurut dasar pengguna yang diambil berdasarkan penyata kewangan
yang dinyatakan pada Nota 1 pada penyata kewangan
menggunakan kadar yang lebih rendah daripada kadar perakaunan yang dinyatakan pada Nota 1 pada penyata ini.
dan Garis Panduan Perniagaan Insurans Berkaitan
cukai berkanun dalam menetapkan harga unit. Pendapat kewangan dan Garis Panduan Perniagaan Insurans
Pelaburan/Takaful (BNM/RH/GL 010-15).
kami tidak diubah suai berkaitan dengan perkara ini. Berkaitan Pelaburan/Takaful (BNM/RH/GL 010-15). Sebagai sebahagian daripada audit menurut piawaian
Para Pengarah juga bertanggungjawab terhadap kawalan pengauditan yang diluluskan di Malaysia dan Piawaian
Asas Pendapat
Maklumat Selain Daripada Penyata Kewangan dalaman sebagaimana yang para Pengarah tentukan Pengauditan Antarabangsa, kami menggunakan
dan Laporan Juruaudit sebagai perlu untuk membolehkan penyediaan penyata pertimbangan profesional dan mengekalkan keraguan
Kami menjalankan audit kami menurut piawaian
kewangan yang bebas daripada salah nyata yang ketara, profesional sepanjang audit kami. Kami juga:
pengauditan yang diluluskan di Malaysia. Piawaian
Para Pengarah Pengurus bertanggungjawab terhadap sama ada disebabkan penipuan atau kesilapan.
Pengauditan Antarabangsa. Tanggungjawab kami di
maklumat lain. Maklumat lain tersebut merangkumi • Mengenal pasti dan menaksir risiko salah nyata
bawah piawaian tersebut dijelaskan dengan lebih lanjut
maklumat yang disertakan dalam Laporan Prestasi Dana Dalam menyediakan penyata kewangan Dana yang ketara dalam penyata kewangan, sama ada
dalam bahagian Tanggungjawab Juruaudit terhadap
PRUlink tetapi tidak termasuk penyata kewangan Dana PRUlink, para Pengarah bertanggungjawab menilai disebabkan penipuan atau kesilapan, merancang
Audit Penyata Kewangan dalam laporan juruaudit
PRUlink dan laporan juruaudit mengenainya. keupayaan Dana PRUlink untuk beroperasi sebagai dan melaksanakan prosedur audit yang responsif
kami. Kami percaya bahawa bukti audit yang telah kami
usaha berterusan, yang mendedahkan, yang mana terhadap risiko tersebut serta mendapatkan bukti
peroleh adalah memadai dan sesuai untuk memberikan
Pendapat kami tentang penyata kewangan Dana berkenaan, perkara-perkara yang berkaitan dengan audit yang memadai dan sesuai untuk memberikan
asas bagi menyatakan pendapat kami.
PRUlink tidak meliputi maklumat lain dan kami usaha berterusan dan menggunakan asas perakaunan asas bagi menyatakan pendapat kami. Risiko untuk
tidak membuat sebarang bentuk kesimpulan yang usaha berterusan melainkan para Pengarah berhasrat tidak mengesan salah nyata yang ketara akibat
menyatakan kepastian kami mengenainya. untuk sama ada membubarkan Dana PRUlink atau penipuan adalah lebih tinggi daripada risiko akibat
menghentikan operasi, atau tidak mempunyai alternatif kesilapan kerana penipuan boleh melibatkan
yang realistik melainkan berbuat demikian. pakatan sulit, pemalsuan, peninggalan yang
disengajakan, pernyataan silap atau mengatasi
kawalan dalaman.
PRUlink funds L A P O R A N J U R U A U D I T B E B A S KE PA DA P E M E G A N G U N I T D A N A P R U L I N K F U N D S 4 3 6
LA P O RA N JURUAUDIT B EB A S K E PA DA
P E M EG A NG UN IT DAN A PR U L I N K FU N DS
anggungjawab Juruaudit terhadap Audit

T Kami berkomunikasi dengan para Pengarah mengenai,
Penyata Kewangan (sambungan) antara perkara lainnya, skop dan pemasaan audit yang
telah dirancang dan penemuan audit yang penting,
• Mendapatkan pemahaman tentang kawalan dalaman termasuk sebarang kekurangan ketara dalam kawalan
yang relevan dengan audit untuk merancang dalaman yang kami kenal pasti semasa audit kami.
prosedur audit yang sesuai dalam keadaan itu, tetapi
bukan bagi tujuan menyatakan pendapat mengenai Perkara Lain
keberkesanan kawalan dalaman Dana PRUlink.
Laporan ini dibuat semata-mata kepada pemegang unit
• Menilai kesesuaian dasar-dasar perakaunan Dana PRUlink, sebagai sebuah badan, dan bukan untuk
yang digunakan dan kemunasabahan anggaran sebarang tujuan lain. Kami tidak bertanggungjawab
perakaunan dan pendedahan berkaitan yang dibuat kepada mana-mana pihak lain berhubung isi kandungan
oleh para Pengarah. laporan ini.
• Membuat kesimpulan tentang kewajaran

penggunaan asas perakaunan usaha berterusan
oleh para Pengarah dan, berdasarkan bukti audit
yang diperoleh, sama ada ketidakpastian yang ketara
wujud berkaitan dengan peristiwa atau keadaan yang
boleh menimbulkan keraguan yang besar terhadap KPMG PLT
keupayaan Dana PRUlink untuk terus beroperasi (LLP0010081-LCA & AF 0758)
sebagai usaha berterusan. Jika kami membuat Akauntan Bertauliah
kesimpulan bahawa ketidakpastian yang material
wujud, maka kami dikehendaki menarik perhatian
dalam laporan juruaudit kami kepada pendedahan 20 Mac 2018
yang berkaitan dalam penyata kewangan Dana Petaling Jaya
PRUlink atau, jika pendedahan tersebut tidak
memadai, mengubah suai pendapat kami.
Kesimpulan kami adalah berdasarkan bukti audit
yang diperoleh sehingga tarikh laporan juruaudit
kami. Walau bagaimanapun, peristiwa atau keadaan
masa depan boleh menyebabkan Dana PRUlink
berhenti beroperasi sebagai usaha berterusan.
Prudential Assurance Malaysia Berhad (107655-U)
Level 17, Menara Prudential, No 10 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.
Tel: (03) 21160228 Fax: (03) 2032 3939 Email: customer.mys@prudential.com.my
www.prudential.com.my

PRUlink Fund Report 2017

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PRUlink Fund Report 2017

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PRUlink funds

Report And Statement Of The Manager

Laporan Dan Penyata Pengurus

“Living the dream means

• PRUlink Asia equity fund • PRUlink education equity fund

• PRUlink Asia local bond fund • PRUlink equity focus fund

• PRUlink Asian multi-asset fund • PRUlink global leaders fund

• PRUlink bond fund • PRUlink global market navigator fund

• PRUlink dana aman • PRUlink golden bond fund

• PRUlink dana unggul • PRUlink golden bond II fund

• PRUlink dana urus • PRUlink golden equity fund

• PRUlink dana urus II • PRUlink golden equity II fund

• PRUlink dragon peacock fund • PRUlink golden managed fund

• PRUlink dyna growth I fund • PRUlink Japan dynamic fund

• PRUlink dyna growth II fund • PRUlink managed fund

• PRUlink dyna growth III fund • PRUlink managed fund II

• PRUlink dyna growth IV fund • PRUlink money market fund

• PRUlink education bond fund • PRUlink strategic managed fund

001 - 002 CEO’s Message

*Terms & conditions apply

C E O’S MESSAGE (CON T’ D)

“Our opportunities arise

I NV EST ME N T REVIEW & OU T LO O K

The Malaysian equity market started the 4Q2017 in a

“Travelling in the company of those we love

I NV EST ME N T REVIEW & OU T LO O K (CONT’D)

I NV EST ME N T REVIEW & OU T LO O K (CONT’D)

By the end of the year, equities were certainly more

MSCI Asia Ex Jpn: PB Ratio

“Don’t call it a dream to own a place of your own.

F I N ANCI A L HIGHL IGHTS

PRUlink equity fund

Cash and Deposits 5.50 1.96 3.80 4.00 8.79

F I N ANCI A L HIGHL IGHTS (CONT’D)

PRUlink equity fund

-Capital Growth 12.33% (1.11%) (0.30%) (3.70%) 11.54%

Average Annual Return-Fund(+)

Average Annual Return-Benchmark:

PRUlink equity fund Performance

+ The Fund returns are calculated based on five decimal place

F I NA NCI A L HIGHL IGHTS

PRUlink bond fund

Average Annual Return-Fund(+)

Average Annual Return-Benchmark:

PRUlink bond fund Performance

PBF 12M MBB T1 FD rate

+ The Fund returns are calculated based on five decimal place

F I NA NCIA L HIGHL IGHTS

PRUlink managed fund

-Capital Growth 9.77% 0.36% 0.68% (1.78%) 8.21%

Average Annual Return-Fund(+)

Average Annual Return-Benchmark:

PRUlink managed fund Performance

PMF 70% (FBM 100) & 30% 12M MBB T1 FD Rate

+ The Fund returns are calculated based on five decimal place

F I NA NCI A L HIGHL IGHTS

PRUlink managed fund II

-Capital Growth 10.85% 0.06% 0.54% (2.14%) 9.51%

“Travelling in the company of those we love