PRUlink funds - Prudential Malaysia

PRUlink funds
REPORT AND STATEMENT OF THE MANAGER
for the year ended 31 December 2008
LAPORAN DAN PENYATA PENGURUS
bagi tahun berakhir 31 Disember 2008
EQUITY FUND I BOND FUND I MANAGED FUND I MANAGED FUND II I DANA UNGGUL
DANA AMAN I DANA URUS I DANA URUS II I GOLDEN EQUITY FUND I GOLDEN BOND FUND
GUARANTEED ACCOUNT I ASIA MANAGED FUND I ASIA PROPERTY SECURITIES FUND
ASIA LOCAL BOND FUND I GLOBAL MARKET NAVIGATOR FUND

Foreword
The profound feeling of trust is best represented by a simple gesture of hand-holding. Just like a
father reaching out to his child and holds her firmly, the mere sense of assurance achieved by this
action is truly beyond words.
Likewise in Prudential, we assure our customers of our greatest care because we know that the
feeling of being trusted is priceless. For more than 160 years now, we have successfully led
millions of our customers from around the globe through countless challenges based on mutual
trust that has been built upon our strong brand, proven investment expertise and more
importantly, a solid financial strength that makes Prudential one of the strongest insurers in the
world.
We cherish the faith and confidence given to us and we intend to uphold it by continuing to do
what we do best – that is, to provide long-term financial security for our customers and their
families. Together, we secure your future.
Pendahuluan
Kepercayaan boleh ditunjukkan secara mudah dengan gerakan berpegang tangan. Seperti
seorang bapa mencapai kepada anaknya dan memegang tangannya dengan erat, tindakan ini
memberi ketenangan tanpa memerlukan sebarang perkataan.
Begitu juga di Prudential, kami menjaminkan ketenangan pelanggan yang kami hargai kerana
kami tahu kepercayaan adalah tidak ternilai. Kini, setelah lebih daripada 160 tahun, kami berjaya
menuntun berjuta-juta pelanggan kami di seluruh dunia mengharungi cabaran-cabaran yang
tidak terkira dengan berasaskan kepercayaan bersama yang telah dibina atas jenama kami yang
kukuh, kepakaran melabur yang terbukti dan paling penting sekali, kedudukan kewangan kami
yang menjadikan Prudential salah satu syarikat insurans paling kukuh di dunia.
Kami amat menghargai kepercayaan dan keyakinan yang diberi kepada kami, dan bertekad
untuk mendukungnya dengan meneruskan usaha kami dalam memberi keselamatan kewangan
jangka masa panjang kepada pelanggan kami dan keluarga mereka. Bersama, kami menjamin
masa depan anda.

CONTENTS / KANDUNGAN
Chairman’s Message 1
Fund Objectives 3
Investment Review 4
Fund Performance 6
Investment Outlook 9
Financial Highlights 12
Details of Investment 51
Statement of Assets and Liabilities 88
Statement of Changes in Net Asset Value 103
Statement of Income and Expenditure 111
Notes to the Financial Statements 126
Statement by Directors 127
Report of the Auditors to the Unitholders of PRUlink Funds 128
Perutusan Pengerusi 131
Objektif Dana 133
Tinjauan Semula Pelaburan 135
Prestasi Dana 136
Tinjauan Masa Depan Pelaburan 139
Sorotan Kewangan 143
Butir-butir Pelaburan 182
Penyata Aset dan Liabiliti 219
Penyata Perubahan dalam Nilai Aset Bersih 234
Penyata Pendapatan dan Perbelanjaan 242
Nota-nota kepada Penyata Kewangan 257
Penyata Pengarah 258
Laporan Juruaudit kepada Pemegang Unit Dana PRUlink 259

Chairman’s Message
Dear PRUlink policyholder,
I am pleased to welcome you to our PRUlink Funds Report for the year ended 31 December
2008.
Prudential plc, our parent company based in the UK, recently announced a very strong set
of financial results for the year 2008. Despite the volatility and uncertainties in the financial
markets, Prudential continued to produce outstanding performance across its operations in
the UK, US and Asia, and maintained a healthy capital position that has made it one of the
strongest insurers in the world.
Equally for Prudential in Malaysia, I am proud to say that 2008 was by far our strongest year
ever. Not only did we manage to withstand one of the toughest financial challenges of all
time, we also came out stronger than before with our new business sales and market share
continuing to achieve steady growth during the year. Our capital position too remains in
excellent health; it is currently at a level that is well above the minimum requirement set by
Bank Negara Malaysia (BNM), thanks to the risk-based approach we have been adopting in
managing our business.
These strong results wouldn’t have been possible without YOU - our valued customers
who have been extremely loyal and supportive of all our endeavours throughout the years.
Your absolute trust and faith in us have undoubtedly made us a formidable leader of the
industry.
I would also like to take this opportunity to thank all my fellow colleagues and our entire
agency force for their relentless effort and dedication towards fulfilling our vision as the
most trusted and preferred insurer in the country and maintaining the highest standard of
integrity in all their transactions with you.
PRUlink Funds Performance Overview for 2008
At Prudential, our investment philosophy has always been to create value for our policyholders
over the long term by providing them with consistent returns. However, the unfavourable
market conditions in light of the global economic turmoil have posed some effects on the
earnings of our funds in 2008. Nevertheless I am pleased to report that our prudent approach
in managing the investment portfolio of our customers has helped us to cushion the impact
of the downturn in the financial markets. As a result, a majority of our funds managed
to outperform their respective benchmarks, with PRUlink bond fund, PRUlink dana aman,
PRUlink golden bond fund, PRUlink asia local bond fund and PRUlink global market navigator
fund posting positive returns for the year under review.
As at 31 December 2008, the Net Asset Value per unit of the
PRUlink bond fund increased to RM2.1693 from RM2.1176 at
the end of 2007, recording a return of 2.44%. PRUlink dana
aman on the other hand, increased 2.08% for the year to
RM1.6410. This commendable return was achieved in a year
of global financial turmoil and uncertainties in the global
credit markets. Our meticulous selection of quality issues has
also enabled us to achieve a good return with no defaults.
Also worth noting is PRUlink golden bond fund, which was
launched towards the end of 2007 to allow our retirement plan
policyholders to grow their savings for their golden years. It grew
by 1.94% to record a Net Asset Value of RM1.0211 per unit.
PRUlink asia local bond fund and PRUlink global
market navigator fund, which were created
in September 2008, registered a return of
3.25% and 5.52% respectively.
For full details of all our PRUlink funds
and their individual performance, you may
turn to page 6 to 8 of this report.
PRUlink Funds 1

2008 In Retrospect and Forging Ahead
2008 was without a doubt a successful year for us. Not only did we manage to close the year
with an unprecedented achievement, we also achieved significant breakthrough in terms of
product innovation. The PRUretirement accumulator, which prides itself as the first product
in the market to offer capital protection and guaranteed monthly income to our customers
in retirement, proved to be of much success. The findings and insights revealed earlier in our
annual retirement survey, the Prudential Retire-Meter 2008, and our subsequent integrated
retirement campaign – “What’s Your Number?” also contributed to further success of
this product whereby it heightened the concerns amongst Malaysians regarding the issue
of retirement and prompted them to take more proactive measures to safeguard their
retirement.
Another product worth mentioning was our market leading blue ocean product – PRUmultiple
crisis cover. The launch of this revolutionary crisis cover plan which uniquely provides up to
three claims, including coverage for two instances of cancer, proved to be extremely relevant
in view of the escalating cost of medical care and improving survival rate for critical illnesses,
especially when the illness is detected and treated at an early stage.
productivity, but more importantly, to provide greater convenience to our customers through
its e-submission capability. Since launch, PRUway has been met with huge success, resulting
in marked improvement in the way our agents and Wealth Planners serve their customers.
The launch of PRUway has also helped to pave the way for the transformation of our agency
force to become the preferred one-stop solutions centre for all your financial needs. Plans
have been made to further empower them with more innovative technologies as part of our
on-going initiatives to serve you even better.
Last but not least, I would like to thank you once again for insuring with our company and
giving us the opportunity to assist you with the planning of your future. Let me assure you
that you have made the right choice, just like over 21 million customers worldwide who have
placed their trust in Prudential to help them plan for today – and tomorrow.
I wish you a very successful, healthy and rewarding year ahead.
Yours sincerely,
As we brace ourselves for the challenges ahead, we remain committed to sharpening our
product innovation agenda led by our retirement and health strategy by introducing more
relevant products and financial solutions that meet the needs of our customers at different
stages of their lives.
As the country’s most innovative insurer, Prudential has always been in the forefront in
promoting the use of technology. PRUway, an innovative and first of its kind point-ofsales
system in Malaysia, was launched in July last year to not only help increase agent’s
Tony Wilkey
Chairman
Prudential Assurance Malaysia Berhad
2 PRUlink Funds

Fund Objectives
PRUlink equity fund aims to maximise returns over medium to long term by investing in high
quality shares listed on the Kuala Lumpur Stock Exchange.
PRUlink bond fund (formerly known as PRUlink fixed interest fund) aims to provide medium to
long term accumulation of capital by investing in selected fixed interest securities, corporate
bonds and fixed deposits.
PRUlink managed fund / PRUlink managed fund II seek to maximise returns over medium to
long term by investing in shares and fixed interest securities through PRUlink equity fund and
PRUlink bond fund and in any other PRUlink funds that may become available in the future.
PRUlink dana unggul (formerly known as PRUlink dana ra’sul mal) aims to maximise returns
over medium to long term by investing in high quality Syariah-approved shares listed on the
Kuala Lumpur Stock Exchange.
PRUlink dana aman (formerly known as PRUlink dana sanad) aims to provide medium to long
term accumulation of capital by investing in selected Islamic debt securities.
PRUlink dana urus (formerly known as PRUlink dana idarah) / PRUlink dana urus II are actively
managed funds that seek to maximise returns over medium to long term. These are achieved
by investing in Syariah-approved shares and Islamic debt securities through PRUlink dana
unggul and PRUlink dana aman and in any other such PRUlink funds that may become
available in the future.
PRUlink golden equity fund aims to maximise returns over medium to long term, taking
into account the need to meet guaranteed payouts. This is achieved by investing in high
quality shares listed on the Bursa Malaysia and any other financial instruments to be used
for hedging the portfolio.
PRUlink golden bond fund aims to provide medium to long term accumulation of capital,
taking into account the need to meet guaranteed payouts. This is achieved by investing in
selected fixed interest securities, corporate bonds and fixed deposits, and any other financial
instruments to be used for hedging the portfolio.
PRUlink guaranteed account aims to provide 5-year term accumulation of capital by investing
its funds in selected bonds and / or other fixed income instruments and the equity markets.
PRUlink asia managed fund aims to maximise returns over medium to long term through
active asset allocation among different asset classes (equities, fixed income and money
market instruments) in the Asia Pacific region ex Japan region.
PRUlink asia property securities fund is an actively managed fund that seeks to maximise
income and long-term returns. This is achieved by investing in listed Real Estate Investment
Trusts (REITs) and property related securities of companies, which are incorporated, listed or
have their area of primary activity in the Asia Pacific region including Japan, Australia and
New Zealand.
PRUlink asia local bond fund is an actively managed fund that aims to maximise total returns
through investing in fixed income or debt securities that are rated as well as unrated.
PRUlink global market navigator fund is an actively managed fund that aims to achieve positive
absolute returns over the medium-term through the implementation of an actively managed
asset allocation strategy in a diversified range of global assets including cash, equities, bonds
and currencies.
PRUlink Funds 3

Investment Review
Equity Market
The Kuala Lumpur Composite Index (KLCI) declined 39.33% during the period under review,
from 1,445.03 as of 31 December 2007 to 876.75 as of 31 December 2008. The FTSE
Bursa Malaysia Emas Shariah Index (FBMSHA) declined 43.52% during the same period. The
KLCI outperformed the MSCI Asia Pacific ex-Japan (MXAPJ) index, which declined by 53.3%
during the same period.
The market was very volatile during the year due to the global uncertainties arising from
the US subprime issues, commodity prices hitting record highs and their subsequent price
reversals on global slowdown concerns, and the domestic political issues. Despite the
domestic political uncertainty stemmed from the unexpected General Election results,
Malaysia was still fairly resilient predominantly due to the relatively healthy crude palm oil
(CPO) prices for that period which held up the plantation stocks. Malaysia outperformed
most regional bourses in the first half of the period under review (KLCI: -17.89%, FBMSHA:
-18.48%, MxAPJ: -18.82%).
For the second half of the period, the KLCI outperformed most regional markets (KLCI:
-26.11%, FMBSHA: -42.48%, MxAPJ: -30.71%), as Malaysia was fairly insulated from the
US subprime woes that affected the region, but suffered from its own domestic issues. The
uncertainty from the unexpected Malaysian General Elections results in March continued
into the second half of the year. Consumer sentiment worsened as the government
announced drastic energy subsidy reductions and introduced windfall taxes on Independent
Power Producers (IPPs), which added to the uncertainty in the local equity markets. Investors
incorporated higher risk premiums to certain industries to account for potential government
policy changes. However, as crude oil prices declined from highs of USD145/barrel in July
2008 to USD44/barrel as at 31 December 2008, the government reduced petrol prices from
the high of RM2.70/litre of petrol in June 2008 to RM1.80/litre by end of 2008. In tandem
with the falling crude oil prices, all forms of commodities have been experiencing sharp
declines in prices, and CPO has not been spared, diving from about RM3,100/ton to end
the period at RM1,630/ton. The 2009 Budget announced in August provided some relief
measures for the population as prices of general goods escalated. The government then
announced a stimulus package of RM7bil focusing on high multiplier projects, and revised
down their 2008 and 2009 Gross Domestic Product (GDP) estimates for Malaysia to 5%
and 3.5% respectively. The second half yearly also saw the US subprime issue morph into
a financial crisis, when US’s Fannie Mae and Freddie Mac had to be taken over by the
US Treasury, and not long after, Lehman Brothers filed for bankruptcy and AIG’s funding
shortage required an emergency US$85bil loan from the US treasury. A US$700bil bank
rescue plan was launched and finally approved by the US House of Representatives, to
buy toxic mortgage related assets from the ailing financial sector. Global markets reeled
from the negative announcements of once respected financial institutions collapsing. The
tightened credit conditions subsequently resulted in currency instability for certain countries,
and central banks globally made a concerted effort to cut rates and improve liquidity. The
election of Barack Obama as the next president of the United States of America brought
with it a short reprieve from all the wild swings in market prices. Despite the US treasury’s
efforts at providing liquidity, Citigroup announced that they also needed financial aid from
the US government. 2008 ended with the US officially slipping into a recession, out-going US
President Bush announcing a rescue package for the auto makers, US Fed rates at 0-0.25%,
Malaysia’s Overnight Policy Rate (OPR) at 3.25% (reduced by 25bps) and a weaker ringgit
against the US Dollar of RM3.4545/USD (down 4.39% during 2008).
Bond Market
During the one-year under review, the US Federal Reserve cut its Fed Fund rate 7 times from
4.25% to a range of 0%-0.25% in December 2008, in its efforts to rescue the financial market
from further deterioration, acknowledging that the deepening financial crisis continues to
weaken the economic growth outlook. During the period, the 2-year and 10-year UST yields
fell substantially by 326bps and 85bps to 0.77% and 2.21% respectively.
4 PRUlink Funds

Domestically, inflationary pressures have eased as reported by the Consumer Price Index
which had fallen from a near 27-year high of +8.5% year-on-year in July 2008 to +5.7%
year-on-year in November 2008, mainly due to the cuts in fuel prices by the Government.
Inflationary pressures are expected to ease further into the second half of 2009 due to the
decline in fuel prices, giving Bank Negara Malaysia (BNM) more room to implement an
accommodative monetary policy to boost economic growth.
Despite some slowdown, the Malaysian economy had for most part of the year, displayed
surprising resilience to the global financial turmoil, but heightened downside risks to growth
and diminishing inflationary pressures, saw BNM cut the OPR for the first time since April
2006, by 25bps to 3.25% in its Monetary Policy Committee meet on 24 November 2008.
BNM had also reduced the Statutory Reserve Requirement of banking institutions from 4.0%
to 3.5% with effect from 1 December 2008, to further reduce the cost of intermediation,
and this will add liquidity into the domestic financial system.
Corporate bond yields generally moved in tandem with sovereign bond yields, albeit at a
lag. Apart from inflation concerns, sentiment on corporate bonds was further weakened
due to the rising regulatory risk, political uncertainty and in particular, the government’s
announcement in early June 2008 of a windfall tax levy to be paid by Independent Power
Producers (IPPs), which created significant disruption to the domestic bond market in
second and third quarter of 2008 and led to scarce trading on power bonds. However, the
government’s announcement in September 2008 to discontinue the windfall profit levy on
IPPs, although power producers would still have to make a one-time payment of one year’s
tax levy to the government, came as a relief to the bond market. Weak sentiment and
risk aversion constrained trading of corporate bonds to high grade liquid papers and yields
closed marginally lower.
Sovereign bond yields fell in January 2008 due to the RM appreciation investors rebuilding
portfolios. Subsequently, profit taking activities and inflationary concerns saw Malaysian
Government Securities (MGS) weaken into the second quarter of 2008, particularly in June,
when heightened inflationary pressures, due to a sharp increase in fuel prices, elevated food
prices and the government’s indication of an increase in electricity tariffs, led to a sell down
in sovereign bonds. Sovereign bond yields were volatile in July but consolidated as OPR
was held at 3.50% on 25 July. The Budget announcement at end August, of an enlarged
fiscal deficit of 4.8% of GDP in 2008, saw BNM add two more public issues and five private
placements of sovereign bonds for the rest of the year. Market initially reacted negatively,
but bargain-hunting activities soon saw support return for the sovereign bonds, and yields
closed lower in the quarter ending September 2008. Speculation of an imminent rate cut
led to a rally in the sovereign bonds, which intensified when BNM cut rates by 25bps with
accompanying dovish statement on 24 November. For the 1-year period, sovereign yields
closed significantly lower with the 3-year and 10-year MGS yields falling by 67bps and 96bps
to close at 2.95% and 3.17% respectively.
PRUlink Funds 5

Fund Performance
PRUlink equity fund
As at December 2008, the Net Asset Value per unit of PRUlink equity fund stood at RM1.8448
as compared to RM2.6848 at the end of 2007. For the period under review, the fund
performance of -31.29% outperformed the benchmark of -39.33%. The outperformance
was achieved with good stock selection and increased levels of cash which successfully
cushioned the downturn in the stock market.
Since its inception in July 1997, PRUlink equity fund has had an impressive outperformance
over the benchmark Kuala Lumpur Composite Index (KLCI). The Fund achieved an overall
gain of 84.48% against the benchmark performance of -13.41%; thus outperforming the
market by 97.88%.
PRUlink bond fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink bond fund increased to
RM2.1693 from RM2.1176 at the end of 2007, recording a return of 2.44% for the year. The
commendable return was achieved in a year of global financial turmoil and uncertainties in
the global credit markets. In addition, our meticulous selection of quality issues has enabled
us to achieve a good return with no defaults.
Since its launch on 15 July 1997, the Fund achieved a gain of 116.93%.
PRUlink managed fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink managed fund was
RM1.7727 compared to RM2.2933 at the end of 2007. For the period under review, the
PRUlink managed fund reported a return of -22.70% which outperformed the benchmark
return of -26.42%.
PRUlink managed fund II
As at 31 December 2008, the Net Asset Value per unit of PRUlink managed fund II was
RM1.0319 compared to RM1.3827 at the end of 2007. For the period under review, the
PRUlink managed fund II reported a return of -25.37%, outperforming the benchmark return
of -30.72%.
Since its inception on 14 August 2006, the Fund recorded a gain of 3.19%.
PRUlink dana unggul
PRUlink dana unggul closed the year at RM1.4435 compared to RM2.2451 at the end of
2007. For the year, the fund performance of -35.69% outperformed the benchmark return
of -43.52%. The outperformance posted by the Fund was achieved via a combination of
good stock selection and tactical asset allocation.
Since its launch on 1 August 2000, the Fund recorded a positive return of 44.35%.
PRUlink dana aman
As at 31 December 2008, the Net Asset Value per unit of PRUlink dana aman increased to
RM1.6410 from RM1.6076 at the end of 2007, recording a return of 2.08% for the year. The
commendable return was achieved in a year of global financial turmoil and uncertainties in
the global credit markets. In addition, our meticulous selection of quality issues has enabled
us to achieve a good return with no defaults.
Since its launch on 1 August 2000, the Fund achieved a gain of 63.35%.
Since its inception on 14 September 1999, the Fund recorded a gain of 77.27%.
6 PRUlink Funds

PRUlink dana urus
As at 31 December 2008, the Net Asset Value per unit of PRUlink dana urus was RM1.5183
compared to RM2.0609 at the end of 2007. For the year under review, the fund performance
of -26.33% outperformed the benchmark return of -29.35%.
Since its inception, the Fund recorded a gain of 51.63%.
PRUlink guaranteed account
As at 31 December 2008, the Net Asset Value per unit of PRUlink guaranteed account was
RM1.1568 compared to RM1.1258 at the end of 2007. For 1-year performance, the Fund
recorded a return of 2.75%.
Since its inception on 1 May 2005, the Fund recorded a gain of 15.68%.
PRUlink dana urus II
As at 31 December 2008, the Net Asset Value per unit of PRUlink dana urus II was RM1.0240
compared to RM1.4478 at the end of 2007. For the year under review, the fund performance
of -29.27% outperformed the benchmark return of -34.07%.
Since its inception on 1 August 2006, the Fund recorded a positive return of 2.40%.
PRUlink golden equity fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink golden equity fund was
RM0.7235 compared to RM1.0527 at the end of 2007. For 1-year performance, the Fund
registered a return of -31.27% which outperformed the benchmark return of -39.33%.
Since its inception on 19 November 2007, the Fund recorded a negative return of 27.65%.
PRUlink golden bond fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink golden bond fund was
RM1.0211 compared to RM1.0017 at the end of 2007, recording a gain of 1.94%.
Since its inception on 19 November 2007, the Fund recorded a gain of 2.11%.
PRUlink asia managed fund
PRUlink asia managed fund closed the year at RM0.7778 compared to RM1.3116 at the end
of 2007. For the year 2008, the Fund reported a return of -40.70% underperformed its
benchmark of -37.84%.
For the year 2008, the Fund’s broad strategy of underweighting Asian equities into Asian US
dollar denominated bonds for most part of the year added value as the latter outperformed
the former by a wide margin. This was, however, more than offset by the underperformance
of its Asian equity and Asian US dollar denominated bond sub-funds, resulting in the overall
Fund underperforming its composite benchmark.
Since its inception on 30 November 2005, the Fund recorded a return of -22.22%.
PRUlink asia property securities fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink asia property securities
fund was RM0.5450. Year-to-date, the Fund registered a return of -45.50% which
underperformed the benchmark return of -42.59%.
Since its inception on 12 February 2008, the Fund recorded a negative return of 45.50%.
PRUlink Funds 7

PRUlink asia local bond fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink asia local bond fund
was RM1.0325. Year-to-date, the Fund registered a return of 3.25%, outperforming the
benchmark return of 3.07%.
Since its inception on 16 September 2008, the Fund recorded a positive return of 3.25%.
PRUlink global market navigator fund
As at 31 December 2008, the Net Asset Value per unit of PRUlink global market navigator
fund was RM1.0552. Year-to-date, the Fund registered a return of 5.52% outperforming the
benchmark return of 0.96%.
Since its inception on 16 September 2008, the Fund recorded a positive return of 5.52%.
8 PRUlink Funds

Investment Outlook
Equity
2009 should be a less volatile year for global markets although a global financial meltdown
of this magnitude is unlikely to be resolved in a matter of months. The US still needs to deleverage,
US home prices are likely to continue to be weak given the large inventory build up
of homes, and trust between banks and customers need to be regained for credit to become
available. The speed of recovery will be dictated by how quickly and effectively governments
of major economies respond to these issues.
On the domestic front, the local bourse is likely to take cue from regional and global
newsflow, although we expect local investors to closely watch the result of the Kuala
Terengganu by-election slated for 17 January 2009. Another political milestone to watch for
would be the UMNO General Assembly slated to be held in March 2009, where although
the UMNO president is more or less a given, the deputy president position and UMNO
youth heads have yet to be decided. Given that plantation stocks are heavy weights on the
Kuala Lumpur Composite Index (KLCI), we may see positive contributions to the index with
sentiment improving for crude oil prices and hence related commodities such as Crude Palm
Oil (CPO). Commodities may also see a mini rally during the year if the US Dollar weakens
more substantially or as a result of increasing geopolitical tensions in the Middle East.
Some events or factors that may lend support to the local bourse include:
• Faster-than-expected implementation of stimulus initiatives.
• More consumer friendly policies announced.
• More Mergers and Acquisitions (M&As) and capital management activities.
• Evidence of some bottoming of the global economic slowdown.
We continue to favour a bottom-ups investment strategy moving forward, whereby tactical
stock selection and asset allocation will drive fund outperformance. We will continue to look
for companies with stability in earnings, demonstratable competitiveness in local or overseas
markets, transparency and good corporate governance practice.
Bond
The global financial crisis has intensified to new levels, with the collapse of some key financial
institutions in the US and Europe. Whilst the outlook for global inflation has eased, the risks
to global economic growth has increased significantly with major industrial economies now
experiencing a recession and central banks around the world are struggling to rescue their
economies with aggressive and unprecedented policy responses in their bid to stabilise the
core global financial system and to boost economic activity.
Envisaging that the sharper deterioration of the global economy will have a greater impact
on the Malaysian economy, Bank Negara Malaysia (BNM) had taken pre-emptive measures
to achieve positive economic growth in 2009, by providing a more supportive monetary
environment for the domestic economy. In the Monetary Policy Committee (MPC) meeting
on 21 January 2009, BNM reduced the Overnight Policy Rate (OPR) by 75bps to 2.50%, and
also reduced the Statutory Reserve Requirement (SRR) by 150bps from 3.5% to 2.0% with
effect from 1 February 2009, which was higher than market expectations. Going forward,
BNM could potentially cut rates further if economic conditions continue to deteriorate.
Whilst the government’s announcement to discontinue the windfall profit levy on Independent
Power Producers (IPPs) was welcomed, valuation of power related bonds has not reflected
the dismissal of regulatory risks and whilst there may be a gradual upside to the valuation,
it is likely that these bonds will continue to fetch a higher risk premia compared to the prewindfall
profit levy days.
The combination of a growth slowdown, moderating inflation, ample liquidity in the domestic
financial system and an accommodative monetary policy is positive for the bond market.
However, the risk of a weakening credit cycle remains in the wake of a slowing global
economy. We will continue to accumulate quality issues and look for trading opportunities
in volatile times.
PRUlink Funds 9

Asia
Market Overview
Markets across the region experienced huge losses in 2008. MSCI AC Far East Ex Japan fell
an aggregate 52% led by India, Korea and Indonesia. Traditionally defensive sectors such
as utilities, telecoms, and consumer staples fell less whereas the cyclical sectors such as
technology, consumer discretionary and energy declined the most.
The sharp drop was the result of the deteriorating global economic and earnings outlook.
The massive monetary and fiscal response underway around the world is seen by markets as
necessary but not sufficient to put the global economy back on track in the near term. From
an Asian perspective, exports remain the weakest segment of the economy.
positive on Indonesia as valuation is starting to look attractive relative to other Asian equity
markets despite near term concerns of slower economic growth and downward earnings
revision. Prudential has a neutral view on Hong Kong, Philippines, Taiwan and Korea backed
by a variety of reasons, namely export dependency and unattractive valuations.
Prudential continues to believe that the medium-term outlook for Asia is positive. The region’s
economic growth will likely slow as the result of weakening exports and slower capital
formation. Fundamentals in Asia are better but the global slowdown is inevitably going to
affect Asia, especially the export dependant economies. Fiscal and monetary settings are
quickly moving to counter the cycle. Some countries like China have considerable firepower
and are showing a willingness to use. Some degree of economic decoupling from the global
slowdown should be visible over the next 18-24 months. Market confidence is low and
investors are likely to stay on the sidelines waiting for the cycle to play out but as valuation
is supportive, the investment case for Asia remains strong.
Outlook
Expectations continue to be ratcheted down. Several countries in Asia are expected to
shrink materially in 2009. Earnings expectations similarly have declined sharply but are
still lagging market expectations and will decline more into 2009. Nevertheless the good
news is that Prudential believes the region’s equity valuation is attractive from a medium
term perspective but 2009 will remain volatile and challenging. Ex-Japan Asia now trades
at a 12-month forward Price/Earnings multiple of 11.6 and Price to Book ratio of 1.2 times
based on consensus estimates. While earnings may continue to see further downgrades,
Prudential believes that at this level, equity valuations in the region have become supportive
and markets should be able to deliver strong medium term returns.
Marketwise, Thailand remains attractive relative to other emerging markets. Earnings
expectations for the Thai market are not overly excessive having come from a very low base
in 2006/2007 and as such, earnings risk is relatively benign. At the same time, political risk, a
structural issue in Thailand, appears to be fully discounted in current prices. Prudential is also
positive on China as the government has more room to launch policies to restart the economy
but remains mindful of the short term vulnerability. Similarly, Prudential is turning more
Global
Market Overview
Few stock markets can claim to have escaped the dreadful effects of the 2008 global
financial crisis. Equities are among its largest casualties; many major indexes finished the
year lower by 30% or more. The US Dow Jones Industrial Index suffered a loss of 33.8%,
Japan’s Nikkei 225 slipped by 42%, the FTSE Eurofirst 300 index fell by 44%, the list goes
on. To summarise, the MSCI World Index lost 43%, the worst annual performance since the
start of the index in 1970.
The year has been characterised by unparalleled volatility and unprecedented challenges.
What started out as a problem in the US housing sector, quickly spread to the financial
institutions worldwide and eventually spilled over to the real economy. Throughout the year,
the world’s central banks were forced to implement emergency measures to avert a systemic
collapse of the global financial system. A number of countries also slashed interest rates and
put in place massive fiscal stimulus plans to prevent their economies from slipping into a
10 PRUlink Funds

severe recession. Deteriorating property market and weaker consumer spending have also
dampened sentiment. In the face of a prolonged global downturn and rising unemployment,
concerns have naturally shifted from declining stock portfolios to the question of job
security.
Just like their equity counterparts, global fixed income markets experienced their fair share
of extreme volatility in 2008. Concerns over the financial sector stability and a heightened
US recessionary risk environment led to investors’ preference for safe haven assets. These
factors continued to encourage further flight to quality buying of G7 government bonds
in the first quarter. As the year progressed, credit markets came under pressure. Spreads
widened on resurgent banking sector woes while persistently high oil prices led to heightened
global stagflation fears. Government bonds declined as investor expectations shifted from
monetary easing to tightening.
Confidence in the global financial markets began to fail during the third quarter. A number
of US financial institutions were placed into conservatorship. Things finally fell apart when US
investment bank, Lehman Brothers, collapsed, sparking an unprecedented global financial
turmoil. Amidst the chaos, G7 government bond yields fell sharply while credit spreads
widened substantially. Mounting fears of a systemic global banking system collapse and the
prospect of central banks easing rates further, receding inflationary pressures and poor equity
market performance underpinned performance of the G7 government bond markets.
A notable aspect of this crisis has been to drive up the bond yield spreads to historically
wide levels. Many investment grade corporate bonds are being priced at implied default
rates far higher than seems likely. Even in the high yield segment, valuations have corrected
considerably such that significant downside protection exists. It appears that bonds have
been even more aggressive in discounting a depression than equities.
Outlook
As evidence of slowing global growth accumulates, it is difficult to be positive about
2009’s macroeconomic prospects. Nonetheless there may be some reasons to be cautiously
optimistic about equities. For a start, the recent policy measures should help to mitigate the
depth of the current slowdown. Furthermore, the start of 2009 has seen the narrowing of
corporate bond spreads while the US dollar (considered as a safe haven currency) has fallen
against other major currencies, signalling declining risk aversion levels. Usually when risk
appetite increases, equity markets stand to benefit.
There is no doubt that market sentiment remains at rock bottom and that global equities are
experiencing one of the worst periods in history. At the same time it would not be wrong
to say that the current downturn presents many opportunities to pick up attractively valued
stocks.
Post the sell offs, many equities have hit multi-year valuation lows. While recent economic
and earnings forecasts have been met with a great deal of skepticism, we think a number of
equity markets are well ahead in their discounting. Europe in particular stands out. We see
good value in the UK, Germany, Russia and Turkey. In Japan, more than 60% of the listed
companies are trading below book value, yet this fact has been ignored by panic stricken
investors. As for the US, equities there have fallen significantly but may still not be cheap
enough given the long road to recovery. Moreover, US valuations are not at previous secular
bear market trough levels. A final round of profit downgrades could signal a bottom to the
fall.
But as 2009 progresses, valuation alone may be insufficient to entice investors especially
since the global economic fundamentals continue to be weak. Nonetheless the risk to further
downside appears limited given that a lot of bad news has already been factored in.
Going forward, corporate bonds’ performance will likely hinge on the severity and duration
of the ongoing recession and its knock-on effects on corporate earnings and default rates.
We continue to favour markets that are already trading at extreme valuations where we
believe there is sufficient compensation for the risks. We also favour credits as they appear
to offer extreme value at present and will probably deliver better risk adjusted returns than
equities in 2009. We look to invest the cash into equities when opportunities arise.
PRUlink Funds 11

Financial Highlights
Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink equity fund
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Equity
Building Materials
Conglomerates
Construction
Consumer
Finance
Gaming
Industrial
Media
Motor
Oil & Gas
Plantation
Power
Property
Services
Technology
Telecommunications
Timber
Transportation
Water
0.19
8.70
2.92
1.65
20.53
11.14
1.41
2.30
1.33
5.30
6.61
6.15
2.53
-
0.61
9.19
0.04
3.34
0.08
84.01
1.23
13.57
4.88
2.37
17.86
14.39
1.07
2.62
3.05
8.53
1.44
7.11
4.33
-
0.88
5.34
0.18
4.00
0.21
93.07
0.51
5.89
5.45
2.90
20.69
14.19
0.25
2.96
2.68
6.39
2.78
10.19
2.62
0.09
0.63
8.45
-
5.81
-
92.47
0.03
5.64
5.33
3.19
19.52
10.77
1.46
2.91
2.36
6.07
2.56
8.90
1.59
0.13
0.99
10.57
-
4.18
-
86.20
0.16
6.99
5.26
3.49
16.61
8.12
3.56
1.82
2.84
2.64
2.57
9.37
3.63
0.66
0.91
8.56
0.11
4.49
-
81.79
Cash and Deposits
Other Assets
Total Liabilities
Total
17.18
0.98
(2.17)
100.00
7.01
2.21
(2.29)
100.00
7.57
0.89
(0.92)
100.00
13.14
1.18
(0.52)
100.00
17.82
1.17
(0.78)
100.00
12 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink equity fund
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
2,143,409,641
1,161,871,170
1.845
2.693
2.116
-31.29%
2,499,605,255
931,032,043
2.685
2.693
2.116
27.82%
1,679,978,001
799,841,602
2.100
2.103
1.741
19.83%
1,100,255,953
627,717,887
1.753
1.820
1.682
-0.11%
768,103,680
437,732,010
1.755
1.764
1.518
13.67%
Average Annual Return -Fund (+)
Period
One year
Three years
Five years
-31.29%
1.72%
3.63%
Average Annual Return-Benchmark:
Kuala Lumpur Composite Index
Period
One year
Three years
Five years
-39.33%
-0.86%
2.00%
PRUlink Funds 13

PRUlink equity fund Performance
(Since Inception)
PRUlink equity fund Vs. Kuala Lumpur Composite Index (KLCI)
180.00%
160.00%
140.00%
120.00%
100.00%
80.00%
PEF
Index-KLCI
180.00%
160.00%
140.00%
120.00%
100.00%
80.00%
SI % Change
60.00%
40.00%
20.00%
60.00%
40.00%
20.00%
0.00%
(20.00%)
(40.00%)
(60.00%)
(80.00%)
(100.00%)
15 Jul 97 31 Dec 98 31 Mar 00 30 Jun 01 30 Sep 02 31 Dec 03 31 Mar 05 30 Jun 06 30 Sep 07 31 Dec 08
0.00%
(20.00%)
(40.00%)
(60.00%)
(80.00%)
(100.00%)
+ 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.
14 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink bond fund
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Fixed Income Securities:
- Corporate Bonds/Securities
- Negotiable Certificate of Deposits
Cash and Deposits
Other Assets
Total Liabilities
Total
86.73
0.82
11.98
1.48
(1.02)
100.00
82.06
1.09
15.64
2.00
(0.79)
100.00
89.97
1.93
7.01
1.93
(0.84)
100.00
81.92
-
16.97
1.86
(0.75)
100.00
79.96
0.00
19.24
1.25
(0.45)
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
654,170,071
301,559,477
2.169
2.169
2.093
2.44%
494,300,406
233,422,297
2.118
2.118
2.032
4.41%
285,503,729
140,774,504
2.028
2.031
1.884
6.43%
179,034,642
93,952,168
1.906
1.912
1.784
6.85%
129,317,196
72,509,719
1.783
1.784
1.643
8.54%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
2.44%
4.41%
5.71%
Average Annual Return-Benchmark:
MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
3.69%
3.73%
3.72%
PRUlink Funds 15

PRUlink bond fund Performance
(Since Inception)
PRUlink bond fund Vs. MBB 12mth Tier 1 FD rate
120.00%
120.00%
100.00%
PBF
12M MBB
T1 FD rate
100.00%
80.00%
80.00%
SI % Change
60.00%
60.00%
40.00%
40.00%
20.00%
20.00%
0.00%
15 Jul 97 31 Dec 98 31 Mar 00 30 Jun 01 30 Sep 02 31 Dec 03 31 Mar 05 30 Jun 06 30 Sep 07 31 Dec 08
0.00%
+ 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.
16 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink managed fund
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Investment in -
PRUlink equity fund
PRUlink bond fund
Cash and Deposits
Other Assets
Total Liabilities
Total
64.66
35.34
-
-
-
100.00
75.82
24.18
-
-
-
100.00
71.89
28.11
-
-
-
100.00
74.18
25.82
-
-
-
100.00
72.68
27.32
-
-
-
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
721,152,508
406,807,406
1.773
2.366
1.721
-22.70%
781,813,876
340,912,426
2.293
2.298
1.911
20.71%
566,823,443
298,345,366
1.900
1.925
1.635
15.68%
380,770,117
231,842,106
1.642
1.682
1.581
1.65%
270,009,895
167,117,445
1.616
1.620
1.429
12.04%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
-22.70%
2.58%
4.21%
Average Annual Return-Benchmark:
70% Kuala Lumpur Composite Index +
30% MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
-26.42%
0.56%
2.53%
PRUlink Funds 17

PRUlink managed fund Performance
(Since Inception)
PRUlink managed fund Vs. 70% KLCI + 30% MBB 12mth Tier 1 FD rate
140.00%
140.00%
120.00%
100.00%
PMF
70% KLCI & 30% 12M
MBB T1 FD rate
120.00%
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%)
14 Sep 99 23 Sep 00 03 Oct 01 13 Oct 02 23 Oct 03 01 Nov 04 11 Nov 05 21 Nov 06 01 Dec 07 01 Dec 08
(20.00%)
+ 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.
18 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink managed fund II
Category
2008
%
2007
%
2006
%
Investment in -
PRUlink equity fund
PRUlink bond fund
Cash and Deposits
Other Assets
Total Liabilities
Total
76.26
23.74
-
-
-
100.00
83.04
16.96
-
-
-
100.00
81.50
18.50
-
-
-
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
102,997,512
99,809,566
1.032
1.431
0.999
-25.37%
82,686,679
59,799,438
1.383
1.386
1.134
22.69%
13,325,295
11,827,845
1.127
1.127
0.999
12.66%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
-25.37%
n/a
n/a
Average Annual Return-Benchmark:
80% Kuala Lumpur Composite Index +
20% MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
-30.72%
n/a
n/a
PRUlink Funds 19

PRUlink managed fund II Performance
(Since Inception)
PRUlink managed fund II Vs. 80% KLCI + 20% MBB 12mth Tier 1 FD rate
70.00%
70.00%
50.00%
PMF2
80% KLCI & 20% 12M
MBB T1 FD rate
50.00%
SI % Change
30.00%
30.00%
10.00%
10.00%
(10.00%)
01 Aug 06 01 Dec 06 01 Apr 07 01 Aug 07 01 Dec 07 01 Apr 08 01 Aug 08 01 Dec 08
(10.00%)
+ 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.
20 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink dana unggul
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Equity
Building Materials
Conglomerates
Construction
Consumer
Finance
Industrial
Media
Motor
Oil & Gas
Plantation
Power
Property
Services
Technology
Telecommunications
Timber
Transportation
Water
1.52
4.23
12.70
2.44
0.20
2.07
0.63
0.90
13.79
12.99
0.21
3.93
-
-
9.79
-
5.02
9.03
79.45
5.11
15.82
8.61
2.98
-
4.90
1.50
3.85
9.96
7.54
8.50
6.52
-
2.16
6.31
0.79
5.79
2.06
92.40
4.65
7.74
8.62
6.08
-
3.84
1.14
1.86
8.12
6.39
14.84
6.12
0.26
3.02
9.79
0.00
6.89
0.82
90.18
0.11
7.00
7.66
3.26
-
3.52
1.44
3.68
9.08
5.36
12.86
3.99
0.58
2.02
11.55
0.04
5.48
0.44
78.07
3.38
6.76
7.89
2.30
-
6.09
0.95
6.37
4.59
3.15
11.32
7.05
2.83
3.27
8.48
0.20
5.16
-
79.79
Cash and Deposits
Other Assets
Total Liabilities
Total
20.28
3.15
(2.88)
100.00
7.19
1.56
(1.15)
100.00
9.20
1.45
(0.83)
100.00
21.18
1.10
(0.35)
100.00
19.52
1.45
(0.76)
100.00
PRUlink Funds 21

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink dana unggul
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
173,428,270
120,144,662
1.443
2.329
1.364
-35.69%
203,168,399
90,512,530
2.245
2.278
1.704
33.73%
118,610,251
70,665,752
1.678
1.679
1.362
22.69%
67,355,288
49,234,325
1.368
1.459
1.354
-4.47%
43,830,858
30,605,878
1.432
1.433
1.246
9.08%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
-35.69%
1.81%
1.91%
Average Annual Return-Benchmark:
FTSE-Bursa Malaysia Emas Shariah
Index (FBMSHA)
Period
One year
Three years
Five years
-43.52%
0.16%
0.78%
22 PRUlink Funds

PRUlink dana unggul Performance
(Since Inception)
PRUlink dana unggul Vs. FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA)
140.00%
140.00%
120.00%
100.00%
PDU
FBMSHA
120.00%
100.00%
80.00%
80.00%
SI % Change
60.00%
40.00%
60.00%
40.00%
20.00%
20.00%
0.00%
0.00%
(20.00%)
(20.00%)
(40.00%)
01 Aug
00
30 Apr
01
31 Jan
02
31 Oct
02
31 Jul
03
30 Apr
04
31 Jan
05
31 Oct
05
31 Jul
06
30 Apr
07
31 Jan
08
31 Oct
08
(40.00%)
+ 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.
PRUlink Funds 23

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink dana aman
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Fixed Income Securities:
- Corporate Bonds/Securities
- Negotiable Certificate of Deposits
Cash and Deposits
Other Assets
Total Liabilities
Total
75.03
0.00
24.96
1.06
(1.05)
100.00
90.30
0.00
9.60
0.99
(0.89)
100.00
85.90
0.00
13.83
1.10
(0.83)
100.00
78.05
0.00
21.18
1.51
(0.74)
100.00
74.69
0.00
24.19
1.59
(0.47)
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
38,283,839
23,329,598
1.641
1.641
1.585
2.08%
29,041,487
18,064,844
1.608
1.608
1.546
4.32%
20,417,055
13,248,366
1.541
1.550
1.456
5.81%
12,241,558
8,404,600
1.457
1.464
1.366
6.65%
8,405,962
6,155,144
1.366
1.366
1.260
8.37%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
2.08%
4.05%
5.42%
Average Annual Return-Benchmark:
MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
3.69%
3.73%
3.72%
24 PRUlink Funds

PRUlink dana aman Performance
(Since Inception)
PRUlink dana aman Vs. MBB 12mth Tier 1 FD rate
80.00%
80.00%
PDA
12M MBB T1 FD rate
60.00%
60.00%
SI % Change
40.00%
40.00%
20.00%
20.00%
0.00%
0.00%
01 Aug 00 30 Sep 01 30 Nov 02 31 Jan 04 31 Mar 05 31 May 06 31 Jul 07 30 Sep 08
+ 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.
PRUlink Funds 25

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink dana urus
Category
2008
%
2007
%
2006
%
2005
%
2004
%
Investment in -
PRUlink dana unggul
PRUlink dana aman
Cash and Deposits
Other Assets
Total Liabilities
Total
64.49
35.51
0.00
-
-
100.00
75.88
24.12
-
-
-
100.00
72.30
27.70
-
0.01
(0.01)
100.00
74.05
25.95
-
-
-
100.00
72.06
27.94
-
-
-
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
57,187,777
37,664,749
1.518
2.120
1.457
-26.32%
60,515,195
29,367,478
2.061
2.084
1.669
24.90%
38,958,587
23,612,997
1.650
1.653
1.400
17.51%
22,954,606
16,349,276
1.404
1.460
1.386
-1.44%
15,197,593
10,668,454
1.425
1.425
1.266
8.14%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
-26.32%
2.64%
2.88%
Average Annual Return-Benchmark:
70% FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA) +
30% MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
-29.35%
1.25%
1.70%
26 PRUlink Funds

PRUlink dana urus Performance
(Since Inception)
PRUlink dana urus Vs. 70% FBMSHA + 30% MBB 12mth Tier 1 FD rate
120.00%
120.00%
100.00%
80.00%
PDI
70% FBMSHA & 30%
12M MBB T1 FD rate
100.00%
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%)
01 Aug
00
01 Jun
01
01 Apr
02
01 Feb
03
01 Dec
03
01 Oct
04
01 Aug
05
01 Jun
06
01 Apr
07
01 Feb
08
01 Dec
08
(40.00%)
+ 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.
PRUlink Funds 27

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink dana urus II
Category
2008
%
2007
%
2006
%
Investment in -
PRUlink dana unggul
PRUlink dana aman
Cash and Deposits
Other Assets
Total Liabilities
Total
76.35
23.65
0.00
-
-
100.00
83.18
16.82
-
-
-
100.00
79.43
20.57
-
0.01
(0.01)
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
6,999,181
6,834,781
1.024
1.493
0.977
-29.26%
5,176,902
3,576,334
1.448
1.462
1.146
27.91%
533,679
471,584
1.132
1.133
1.000
13.17%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
-29.26%
n/a
n/a
Average Annual Return-Benchmark:
80% FTSE-Bursa Malaysia Emas Shariah Index (FBMSHA) +
20% MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
-34.07%
n/a
n/a
28 PRUlink Funds

PRUlink dana urus II Performance
(Since Inception)
PRUlink dana urus II Vs. 80% FBMSHA + 20% 12 MTH MBB T1 FD rate
80.00%
80.00%
60.00%
PDI2
80% FBMSHA & 20%
12M MBB T1 FD rate
60.00%
SI % Change
40.00%
20.00%
40.00%
20.00%
0.00%
0.00%
(20.00%)
01 Aug 06 30 Nov 06 31 Mar 07 31 Jul 07 30 Nov 07 31 Mar 08 31 Jul 08 30 Nov 08
(20.00%)
+ 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.
PRUlink Funds 29

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink golden equity fund
Category
Investment in -
PRUlink equity fund
Cash and Deposits
Other Assets
Total Liabilities
Total
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
Average Annual Return-Benchmark:
Kuala Lumpur Composite Index
Period
One year
Three years
Five years
2008
%
99.98
0.02
-
-
100.00
36,522,155
50,482,178
0.723
1.096
0.697
-31.27%
-31.27%
n/a
n/a
-39.33%
n/a
n/a
2007
%
99.98
0.02
-
-
100.00
35,942,944
34,143,751
1.053
1.056
1.000
5.27%
30 PRUlink Funds

PRUlink golden equity fund Performance
(Since Inception)
PRUlink golden equity fund Vs. Kuala Lumpur Composite Index (KLCI)
10.00%
10.00%
0.00%
0.00%
(10.00%)
(10.00%)
SI % Change
(20.00%)
(20.00%)
(30.00%)
(30.00%)
(40.00%)
PGE
Index-KLCI
(40.00%)
(50.00%)
01 Nov 07 01 Jan 08 01 Mar 08 01 May 08 01 Jul 08 01 Sep 08 01 Nov 08
(50.00%)
+ 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.
PRUlink Funds 31

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink golden bond fund
Category
Investment in -
PRUlink bond fund
Cash and Deposits
Other Assets
Total Liabilities
Total
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
Average Annual Return-Benchmark:
MBB 12mth Tier 1 FD rate
Period
One year
Three years
Five years
2008
%
100.00
0.00
-
-
100.00
124,566,724
121,987,834
1.021
1.096
0.697
1.94%
1.94%
n/a
n/a
3.69%
n/a
n/a
2007
%
100.00
0.00
-
-
100.00
80,078,455
79,945,383
1.002
1.002
1.000
0.17%
32 PRUlink Funds

PRUlink golden bond fund Performance
(Since Inception)
PRUlink golden bond fund Vs. MBB 12mth Tier 1 FD rate
4.50%
3.50%
PGB
12M MBB T1 FD rate
4.50%
3.50%
2.50%
2.50%
SI % Change
1.50%
1.50%
0.50%
0.50%
(0.50%)
(0.50%)
(1.50%)
20 Nov 07 31 Dec 07 29 Feb 08 30 Apr 08 30 Jun 08 31 Aug 08 31 Oct 08 31 Dec 08
(1.50%)
+ 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.
PRUlink Funds 33

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink guaranteed account
Category
2008
%
2007
%
2006
%
2005
%
Equity
Consumer
Construction
Oil and Gas
Industrials
Finance
Plantation
Power
Telecommunication
Fixed Income Securities:
- Corporate Bonds/Securities
- Negotiable Instruments of Deposits
Cash and Deposits
Other Assets
Total Liabilities
Total
-
-
-
-
-
-
-
-
-
1.43
100.93
0.02
0.21
(2.60)
100.00
0.20
-
0.61
1.32
-
-
0.56
0.29
2.98
6.03
92.47
0.12
0.20
(1.80)
100.00
0.38
0.18
0.30
0.48
-
0.45
0.43
-
2.30
5.92
91.20
1.65
0.20
(1.27)
100.00
0.31
0.79
1.00
2.10
6.19
90.14
1.81
0.20
(0.44)
100.00
34 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink guaranteed account
Category
2008
%
2007
%
2006
%
2005
%
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth
16,119,909
13,934,889
1.157
1.157
1.118
2.76%
17,045,589
15,141,139
1.126
1.126
1.062
4.90%
17,618,115
16,415,904
1.073
1.074
1.015
5.44%
16,797,169
16,502,755
1.018
1.021
0.994
1.78%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
2.76%
4.36%
n/a
Average Annual Return-Benchmark: Kuala Lumpur Composite Index
Period
One year
Three years
Five years
3.69%
3.73%
n/a
PRUlink Funds 35

PRUlink guaranteed account Performance
(Since Inception)
PRUlink guaranteed account Vs. 1 MTH MBB T2 FD rate
20.00%
20.00%
15.00%
PGA
1M MBB T2 FD rate
15.00%
10.00%
10.00%
SI % Change
5.00%
5.00%
0.00%
0.00%
(5.00%)
(5.00%)
(10.00%)
01 May 05 31 Oct 05 30 Apr 06 31 Oct 06 30 Apr 07 31 Oct 07 30 Apr 08 31 Oct 08
(10.00%)
+ 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.
36 PRUlink Funds

Comparative Performance Table
for the financial year ended 31 December 2008
PRUlink asia managed fund
Category
2008
%
2007
%
2006
%
2005
%
Investment in-
Asian Equity Fund
Asian Bond Fund
Cash and Deposits
Other Assets
Total Liabilities
Total
71.85
28.14
0.99
0.14
(1.12)
100.00
71.31
27.70
2.24
0.59
(1.84)
100.00
71.79
25.41
5.32
0.63
(3.15)
100.00
54.18
18.44
54.63
13.92
(41.17)
100.00
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth (1 month return)
160,694,301
206,599,294
0.778
1.403
1.045
-40.70%
216,201,796
164,833,954
1.312
1.403
1.045
16.23%
52,166,017
46,228,015
1.128
1.131
0.952
12.92%
3,305,586
3,307,804
0.999
1.000
0.997
-0.07%
Average Annual Return - Fund (+)
Period
One year
Three years
Five years
-40.70%
-8.01%
n/a
Average Annual Return-Benchmark:
70% MSCI Asia Ex-Japan Index + 30% JP Morgan Asia Credit Index
Period
One year
Three years
Five years
-37.84%
-4.89%
n/a
PRUlink Funds 37

PRUlink asia managed fund Performance
(Since Inception)
PRUlink asia managed fund Vs. 70% MSCI Asia Ex-Japan Index + 30% JP Morgan Asia Credit Index
80.00%
80.00%
60.00%
PAMF
70% MSCI & 30% JP
Morgan
60.00%
40.00%
40.00%
SI % Change
20.00%
20.00%
0.00%
0.00%
(20.00%)
(20.00%)
(40.00%)
30 Nov 05 31 Mar 06 31 Jul 06 30 Nov 06 31 Mar 07 31 Jul 07 30 Nov 07 31 Mar 08 31 Jul 08 30 Nov 08
(40.00%)
+ 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.
38 PRUlink Funds

Financial Highlights
for the financial year ended 31 December 2008
Asian Equity Fund
Currency Breakdown
Australian Dollar
Thai Baht
Hong Kong Dollar
Indian Rupee
Indonesian Rupiah
Malaysian Ringgit
New Taiwan Dollar
Philippine Peso
Singapore Dollar
US Dollar
Korean Won
Cash and Cash Equivalent
Total
2008
%
-
3.64
35.67
7.83
5.44
1.49
14.18
3.09
4.96
3.02
18.93
1.75
100.00
2007
%
3.00
4.22
34.71
4.63
1.13
3.22
3.02
18.06
3.47
0.36
21.19
2.99
100.00
PRUlink Funds 39

Financial Highlights
for the financial year ended 31 December 2008
Asian Equity Fund
Category
Equity
Automobiles & Components
Banks
Breweries & Leisure & Hotels
Building & Construction
Chemicals & Pharmaceuticals
Computers & Software
Diversified Operations
Electronics & Electrical Equipment
Energy
Equities
Extractive Industries
Financial
Food & Textiles & Apparel
Insurance
Manufacturing
Materials
Media & Publishing
Property
Public Utilities
Real Estate
Retail
Rights
Tobacco
Transport & Telecomunications
Others
Cash and Cash Equivalent
Total
2008
%
2.07
2.79
1.15
0.96
2.30
1.45
2.67
12.98
3.24
-
4.26
19.68
2.83
2.10
5.27
0.43
1.47
8.75
1.77
1.31
4.09
-
2.42
14.27
-
98.25
1.75
100.00
2007
%
-
-
1.08
3.95
-
1.40
1.30
18.34
4.36
3.85
8.20
17.93
1.77
2.67
3.92
-
-
8.50
1.46
1.63
1.87
0.04
1.73
11.41
1.63
97.01
2.99
100.00
40 PRUlink Funds

Financial Highlights
for the financial year ended 31 December 2008
Asian Bond Fund
Currency Breakdown
Hong Kong Dollar
Indonesian Rupiah
Malaysian Ringgit
Philippine Peso
US Dollar
Korean Won
Cash and Cash Equivalent
Total
2008
%
1.19
0.19
0.45
-
98.17
-
-
100.00
2007
%
2.06
1.04
1.69
0.52
90.34
2.97
1.38
100.00
Category
Fixed Income Securities:
Convertible Bond
Corporate Bond
Government Bond
Mortgage Related
Time Deposit
Cash and Cash Equivalent
Total
2008
%
-
71.78
18.12
0.84
6.29
2.97
100.00
2007
%
1.01
81.14
10.68
0.84
4.95
1.38
100.00
PRUlink Funds 41

Comparative Performance Table
for 11 months period ended 31 December 2008
PRUlink asia property securities fund
Category
Investment in-
Asian Property Securities Fund
Cash and Deposits
Other Assets
Total Liabilities
Total
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth (1 month return)
Average Annual Return -Fund (+)
Period
One year
Three years
Five years
Average Annual Return-Benchmark: MSCI AC Asia Pacific REIT
Period
One year
Three years
Five years
2008
%
99.93
0.05
0.43
(0.41)
100.00
8,928,234
16,310,978
0.547
1.022
0.483
-45.26%
-45.26%
n/a
n/a
-42.59%
n/a
n/a
42 PRUlink Funds

PRUlink asia property securities fund Performance
(Since Inception)
PRUlink asia property securities fund Vs. MSCI AC Asia Pacific REIT
0.00%
0.00%
(10.00%)
(10.00%)
SI % Change
(20.00%)
(20.00%)
(30.00%)
(30.00%)
(40.00%)
APSF
MSCI
(40.00%)
(50.00%)
12 Feb
08
29 Feb
08
31 Mar
08
30 Apr
08
31 May
08
30 Jun
08
31 Jul
08
31 Aug
08
30 Sep
08
31 Oct
08
30 Nov
08
31 Dec
08
(50.00%)
+ 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.
PRUlink Funds 43

Financial Highlights
for 11 months period ended 31 December 2008
Asian Property Securities Fund
Currency Breakdown
Australian Dollar
Thai Baht
Hong Kong Dollar
Malaysian Ringgit
Singapore Dollar
Japanese Yen
Cash and Cash Equivalent
Total
2008
%
31.96
2.65
9.13
10.71
14.71
26.84
4.00
100.00
Category
Equity:
Breweries & Leisure & Hotels
Financial
Investment Trusts
Property
Real Estate
Retail
Mutual Fund
Cash and Cash Equivalent
Total
2008
%
1.28
2.74
9.54
59.54
2.91
17.35
2.65
4.00
100.00
44 PRUlink Funds

Comparative Performance Table
for 4 months period ended 31 December 2008
PRUlink asia local bond fund
Category
Investment in -
Asian local bond fund
Cash and Deposits
Other Assets
Total Liabilities
Total
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth (1 month return)
Average Annual Return -Fund (+)
Period
One year
Three years
Five years
Average Annual Return-Benchmark: HSBC Customised Index Composite
Period
One year
Three years
Five years
2008
%
87.61
7.00
11.75
(6.36)
100.00
878,436
762,860
1.152
1.032
0.957
15.15%
15.15%
n/a
n/a
3.07%
n/a
n/a
PRUlink Funds 45

PRUlink asia local bond fund Performance
(Since Inception)
PRUlink asia local bond fund Vs. HSBC Customised Index Composite
4.00%
4.00%
3.00%
2.00%
ALBF
HSBC
3.00%
2.00%
1.00%
1.00%
SI % Change
0.00%
(1.00%)
0.00%
(1.00%)
(2.00%)
(2.00%)
(3.00%)
(3.00%)
(4.00%)
(4.00%)
(5.00%)
16 Sep 08 30 Sep 08 31 Oct 08 30 Nov 08 31 Dec 08
(5.00%)
+ 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.
46 PRUlink Funds

Financial Highlights
for 4 months period ended 31 December 2008
Asian Local Bond Fund
Currency Breakdown
Malaysian Ringgit
Singapore Dollar
US Dollar
Hong Kong Dollar
Philippine Peso
Taiwan Dollar
Thai Baht
Indonesian Rupiah
Korean Won
Cash and Cash Equivalent
Total
2008
%
7.85
18.18
7.00
11.81
5.63
7.36
4.17
10.44
24.08
3.47
100.00
Category
Fixed Income Securities:
Corporate Bond
Government Bond
Time Deposit
Cash and Cash Equivalent
Total
2008
%
24.80
69.16
2.57
3.47
100.00
PRUlink Funds 47

Comparative Performance Table
for 4 months period ended 31 December 2008
PRUlink global market navigator fund
Category
Investment in -
Global Market Navigator Fund
Cash and Deposits
Other Assets
Total Liabilities
Total
Total Net Asset Value (RM)
Units in Circulation
NAV Per Unit (RM)
Highest NAV per unit (RM)
Lowest NAV per unit (RM)
Total Return (+)
- Capital Growth (1 month return)
Average Annual Return -Fund (+)
Period
One year
Three years
Five years
Average Annual Return-Benchmark: MBB 1mth Tier 2 FD rate
Period
One year
Three years
Five years
2008
%
99.35
0.74
0.98
(1.07)
100.00
4,597,086
4,316,386
1.065
1.131
0.962
6.50%
6.50%
n/a
n/a
0.96%
n/a
n/a
48 PRUlink Funds

PRUlink global market navigator fund Performance
(Since Inception)
PRUlink global market navigator fund Vs. MBB 1mth Tier 2 FD rate
8.00%
8.00%
6.00%
GMNF
1M MBB
T2 FD rate
6.00%
SI % Change
4.00%
2.00%
4.00%
2.00%
0.00%
0.00%
(2.00%)
16-Sep-08 30-Sep-08 31-Oct-08 30-Nov-08 31-Dec-08
(2.00%)
+ 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.
PRUlink Funds 49

Financial Highlights
for 4 months period ended 31 December 2008
Global Market Navigator Fund
Currency Breakdown
British Pound
Singapore Dollar
Turkish Lira
US Dollar
Cash and Cash Equivalent
Total
2008
%
13.00
5.05
3.37
76.56
2.02
100.00
Category
Exchange Traded Fund
Futures
Mutual Fund
Time Deposit
Treasury Bills
Cash and Cash Equivalent
Total
2008
%
6.44
16.41
26.31
33.27
15.55
2.02
100.00
50 PRUlink Funds

Details of Investment
Details of Investment
as at 31 December 2008
PRUlink equity fund
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Building Materials
Lafarge Malayan Cement Bhd
YTL Cement Bhd
261,660
1,251,400
1,371,128
3,029,005
4,400,134
1,035,477
2,953,729
3,989,206
0.05%
0.14%
0.19%
Conglomerates
Hap Seng Consolidated
MMC Corporation Berhad
Sime Darby Berhad
YTL Corporation Berhad
645,500
1,554,500
29,132,117
4,426,106
1,937,564
2,880,040
205,768,019
21,795,605
232,381,228
1,316,131
1,623,793
152,153,551
31,341,345
186,434,820
0.06%
0.08%
7.10%
1.46%
8.70%
Construction
Lingkaran Trans Kota Hldgs
Plus Expressways Bhd
Sunway Holdings Bhd
WCT Bhd
Zelan Bhd
12,201,900
9,795,600
2,694,100
2,483,083
5,888,000
24,980,434
25,191,863
4,084,981
7,141,595
9,337,999
70,736,871
22,427,727
29,319,328
1,921,227
3,790,893
5,204,238
62,663,413
1.05%
1.37%
0.09%
0.18%
0.24%
2.92%
Consumer
Bonia Corporation Berhad
British American Tobacco Bhd
Carlsberg Brewery-Malay Bhd
QL Resources Bhd
1,077,300
626,900
223,300
2,253,200
1,167,100
23,863,805
1,289,650
3,710,269
30,030,824
1,233,526
28,019,797
807,417
5,318,318
35,379,058
0.06%
1.31%
0.04%
0.25%
1.65%
PRUlink Funds 51

Details of Investment
as at 31 December 2008
PRUlink equity fund
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Finance
Alliance Financial Group Bhd
AMMB Holdings Bhd
Bumiputra Commerce Holdings Berhad
ECM Libra Bhd
EON Capital Bhd
Hong Leong Bank Berhad
Malayan Banking Bhd
Public Bank Bhd
Public Bank Bhd-Foreign Mkt
RHB Capital Berhad
10,531,500
19,044,700
17,712,002
1,137,450
3,161,960
5,325,600
10,123,850
10,762,300
4,985,700
10,396,000
21,527,764
48,360,009
112,656,109
-
17,951,497
28,984,894
84,165,997
76,315,438
46,057,075
38,023,972
474,042,756
19,251,666
47,247,387
104,071,119
-
10,162,792
27,280,066
51,858,814
95,665,439
43,816,824
40,722,795
440,076,904
0.90%
2.20%
4.86%
0.00%
0.47%
1.27%
2.42%
4.46%
2.04%
1.90%
20.53%
Gaming
Berjaya Sports Toto Bhd
Genting Bhd
Resorts World Bhd
Tanjong Plc
12,418,000
22,335,600
16,728,800
4,359,600
57,913,593
104,372,906
33,513,369
64,506,157
260,306,024
59,619,215
83,005,344
37,973,439
58,237,804
238,835,802
2.78%
3.87%
1.77%
2.72%
11.14%
Industrial
Chemical Co Of Malaysia Berhad
PPB Group Berhad
871,300
3,032,600
2,860,268
22,946,608
25,806,875
1,925,294
28,327,274
30,252,568
0.09%
1.32%
1.41%
Media
Astro All Asia Networks Plc
Media Chinese International Ltd
Media Prima Bhd
New Straits Times Press (M)
13,242,200
7,377,017
12,896,100
1,802,000
43,981,773
5,671,623
19,035,378
4,761,392
73,450,167
29,394,029
3,778,833
14,377,656
1,764,681
49,315,198
1.37%
0.18%
0.67%
0.08%
2.30%
52 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink equity fund
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Motor
APM Automotive Holdings Bhd
Tan Chong Motor Holdings Bhd
UMW Holdings Bhd
2,888,600
4,059,200
3,776,400
6,264,463
5,267,086
16,067,499
27,599,049
4,206,899
4,729,390
19,534,033
28,470,323
0.20%
0.22%
0.91%
1.33%
Oil & Gas
Dialog Group Bhd
Eastern Pacific Indus Corp
Kencana Petroleum Bhd
Pantech Group Holdings Berhad
Petra Energy Bhd
Petra Perdana Berhad
Petronas Gas Bhd
Sapuracrest Petroleum Bhd
Scomi Group Bhd
Wah Seong Corp Bhd
1,017,659
1,455,300
1,845,900
6,492,000
4,696,200
6,600,000
7,946,800
1,136,700
30,633,300
2,610,200
764,918
2,345,897
2,639,170
6,788,578
15,090,533
6,336,498
72,563,345
1,690,457
38,432,753
4,816,189
151,468,340
812,599
1,315,533
2,428,769
2,738,637
5,990,416
8,286,300
78,221,306
867,693
10,307,309
2,608,576
113,577,139
0.04%
0.06%
0.11%
0.13%
0.28%
0.39%
3.65%
0.04%
0.48%
0.12%
5.30%
Plantation
IOI Corporation Bhd
Kuala Lumpur Kepong Bhd
28,512,025
4,439,050
101,954,530
40,483,720
142,438,250
101,949,421
39,681,378
141,630,800
4.76%
1.85%
6.61%
Power
Tenaga Nasional Bhd
20,991,400
167,439,011
167,439,011
131,773,514
131,773,514
6.15%
6.15%
PRUlink Funds 53

Details of Investment
as at 31 December 2008
PRUlink equity fund
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Property
Amfirst Real Estate Investment
Axis Reit Managers Berhad
IGB Corporation Bhd
KLCC Property Holdings Bhd
Krisassets Holdings Berhad
Krisassets Holdings Berhad -Cw11
Naim Cendera Holdings Bhd
SHL Consolidated Bhd
Starhill Reit
Sunrise Bhd
Sunway City Bhd
1,290,700
932,900
3,402,400
8,421,500
855,600
285,200
4,505,900
1,852,000
6,347,000
2,553,972
2,184,000
1,163,799
1,287,402
4,879,543
31,782,700
2,346,507
17,112
20,725,739
3,153,375
6,410,470
4,644,114
7,981,141
84,391,902
1,037,103
1,049,445
4,715,971
23,683,953
2,234,348
114,582
6,517,045
2,790,223
4,621,822
3,668,250
3,838,817
54,271,560
0.05%
0.05%
0.22%
1.10%
0.10%
0.01%
0.30%
0.13%
0.22%
0.17%
0.18%
2.53%
Technology
Eng Teknologi Holdings Bhd
Hong Leong Industries Bhd
Malaysian Pacific Industries
Unisem (M) Berhad
1,334,800
118,081
1,764,100
1,973,000
3,411,015
805,532
16,915,874
3,639,632
24,772,052
811,107
426,962
10,365,393
1,387,177
12,990,639
0.04%
0.02%
0.48%
0.06%
0.61%
Telecommunications
DIGI.Com Bhd
Measat Global Bhd
Telekom Malaysia Bhd
Time Dotcom Bhd
TM International Bhd
Vads Berhad
2,098,500
92,100
20,509,600
1,506,700
23,608,000
157,600
46,833,372
132,494
58,389,299
468,310
168,042,029
1,130,692
274,996,196
45,948,588
111,006
63,447,514
370,766
85,836,988
1,195,115
196,909,978
2.14%
0.01%
2.96%
0.02%
4.00%
0.06%
9.19%
54 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink equity fund
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Timber
Java Incorporated Berhad
Transportation
Airasia Bhd
MISC Bhd
MISC Bhd-Frgn
Water
Salcon Berhad
Salcon Bhd-Wt 23/05/2014
1,502,900
11,655,500
1,701,300
5,543,100
3,767,500
1,019,750
5,125,468
5,125,468
16,993,126
14,912,350
36,475,550
68,381,026
3,481,029
-
3,481,029
762,304
762,304
10,126,368
14,610,118
46,766,913
71,503,399
1,570,392
184,363
1,754,755
0.04%
0.04%
0.47%
0.68%
2.18%
3.34%
0.07%
0.01%
0.08%
Total Value of Equities
2,121,247,202
1,800,591,378
84.01%
PRUlink Funds 55

Details of Investment
as at 31 December 2008
PRUlink bond fund
Fixed Income Securities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Corporate Bonds
ABS Plantation Assets Bhd 6% 08/09/2014
AEON Credit Service (M) Sdn Bhd 3% 31/01/2012
Alliance Bank Malaysia Berhad Subordinated Bonds 6.09% 26/05/2011
Ambank (M) Bhd 5.23% 02/02/2018
Ambank (M) Bhd 5.2% 14/03/2018
Amislamic Bank Bhd 4.8% 21/12/2011
Bank Muamalat Malaysia Berhad 6.25% 05/09/2011
Binariang GSM Sdn Bhd 5.55% 27/12/2013
Binariang GSM Sdn Bhd 5.65% 26/12/2014
Binariang GSM Sdn Bhd 5.75% 28/12/2015
Binariang GSM Sdn Bhd 5.9% 28/12/2016
Cagamas MBS Bhd 3.63% 28/05/2010
Cagamas MBS Bhd 3.7% 29/05/2012
Cagamas MBS Bhd 5.5% 20/10/2014
Cagamas MBS Bhd 5.1% 11/12/2015
Cagamas MBS Bhd 5.8% 08/08/2018
CIMB Bank Bhd Subordinated Debt 4.9% 28/03/2018
Encorp Systembilt Sdn Bhd 0% 03/01/2012
Encorp Systembilt Sdn Bhd 0% 03/07/2012
Encorp Systembilt Sdn Bhd 0% 03/01/2016
EON Capital Bhd 6.75% 11/12/2009
F&N Capital Sdn Bhd 4.95% 12/08/2011
Hyundai Capital Services Inc 6% 24/03/2010
Hyundai Capital Services Inc 5.5% 20/05/2011
IJM Corporation Berhad 5.5% 24/02/2010
Jimah Energy Ventures Sdn Bhd 7.25% 10/05/2013
Jimah Energy Ventures Sdn Bhd 7.65% 12/11/2014
Jimah Energy Ventures Sdn Bhd 7.7% 12/05/2015
Kapar Energy Ventures Sdn Bhd 5.85% 08/07/2010
Kuala Lumpur Kepong Bhd 4% 10/05/2012
Lingkaran Trans Kota Sdn Bhd 5.45% 13/04/2018
4,299,999
4,000,000
10,000,000
10,000,000
10,000,000
13,750,000
20,600,000
4,500,000
4,500,000
4,500,000
9,500,000
4,500,000
4,500,000
3,000,000
5,000,000
9,500,000
10,000,000
5,000,000
1,250,000
3,500,000
10,000,000
10,000,000
15,000,000
25,000,000
5,000,000
9,540,000
4,200,000
3,000,000
2,750,000
2,500,000
4,750,000
4,288,174
3,802,800
10,147,000
10,000,000
10,000,000
13,790,450
21,236,303
4,534,200
4,538,745
4,543,065
9,565,930
4,500,000
4,500,000
3,000,000
5,000,000
9,500,000
10,000,000
3,281,900
742,750
798,350
10,589,000
10,041,400
15,000,000
25,000,000
5,041,600
10,196,636
4,506,180
3,215,100
2,903,450
2,500,000
4,841,628
4,469,036
3,850,351
10,276,288
9,721,085
9,699,581
13,627,856
21,164,766
4,556,944
4,522,910
4,477,165
9,444,397
4,516,812
4,495,899
3,225,176
5,235,440
10,402,060
10,051,212
4,330,395
1,053,945
2,377,634
10,206,863
10,176,109
15,030,309
24,552,558
5,058,600
10,037,197
4,487,973
3,213,394
2,819,226
2,467,808
4,661,976
0.68%
0.59%
1.57%
1.49%
1.48%
2.08%
3.24%
0.70%
0.69%
0.68%
1.44%
0.69%
0.69%
0.49%
0.80%
1.59%
1.54%
0.66%
0.16%
0.36%
1.56%
1.56%
2.30%
3.75%
0.77%
1.53%
0.69%
0.49%
0.43%
0.38%
0.71%
56 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink bond fund
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Lingkaran Trans Kota Sdn Bhd 5.6% 15/04/2019
Lingkaran Trans Kota Sdn Bhd 5.7% 15/04/2020
Maju Expressway Sdn Bhd 4.75% 26/07/2013
Malakoff Corporation Bhd 5.883% 30/04/2014
Malakoff Corporation Bhd 5.983% 30/04/2015
Malakoff Corporation Bhd 6.682% 29/04/2022
Malayan Banking Berhad 4% 13/04/2012
Maxis Communications Berhad 4.43% 17/03/2017
Midciti Resources Sdn Bhd 7.95% 16/11/2009
Mukah Power Generation Sdn Bhd 7.8% 27/06/2017
Mukah Power Generation Sdn Bhd 8.2% 27/12/2019
Mukah Power Generation Sdn Bhd 8.3% 26/06/2020
Nilai Cipta 8% 15/10/2009
OCBC Bank (Malaysia) Berhad 4.55% 30/11/2012
Optimal Glycols Malaysia Sdn Bhd 5.3% 29/09/2011
Panglima Power Sdn Bhd 6.7% 05/03/2010
Panglima Power Sdn Bhd 6.9% 07/03/2011
Plus Expressways Bhd 6.7% 31/05/2011
Plus Expressways Bhd 0% 20/12/2013
Plus Expressways Bhd 0% 16/06/2017
Plus Expressways Bhd 0% 09/10/2020
Plus Expressways Bhd 0% 08/10/2021
Ranhill Powertron Sdn Bhd 7.1% 26/06/2015
RHB Bank Berhad 5.5% 30/11/2017
RHB Capital Berhad 6.7% 11/01/2010
RHB Capital Berhad 7.2% 11/01/2011
RHB Capital Berhad 7.15% 18/09/2012
RHB Investment Bank Berhad 5.3% 10/12/2012
Saj Holdings Sdn Bhd 7.65% 25/10/2016
Sarawak Power Generation Sdn Bhd 7.2% 26/06/2017
Sarawak Power Generation Sdn Bhd 7.3% 26/12/2017
Sime Darby Berhad 4.38% 05/02/2010
4,750,000
4,750,000
9,350,000
4,500,000
12,200,000
13,900,000
35,000,000
10,000,000
1,250,000
4,550,000
4,700,000
3,750,000
3,300,000
5,000,000
1,200,000
5,000,000
2,500,000
1,500,000
5,000,000
2,000,000
8,500,000
5,000,000
4,750,000
9,000,000
1,500,000
5,000,000
5,750,000
10,000,000
4,050,000
4,550,000
4,700,000
2,500,000
4,847,803
4,832,650
8,356,803
4,546,980
12,341,276
14,287,145
33,928,500
10,000,000
1,508,179
5,462,730
5,197,730
4,153,875
3,650,092
5,000,000
1,200,000
5,227,500
2,782,250
1,673,400
2,966,000
1,249,000
3,690,615
2,007,350
5,138,075
9,000,000
1,583,450
5,048,500
5,787,875
10,000,000
4,727,970
4,843,020
5,011,140
2,500,000
4,642,229
4,621,399
8,662,998
4,443,122
11,977,666
13,104,266
33,679,395
9,793,814
1,300,832
5,143,297
5,478,382
4,386,730
3,411,384
4,997,016
1,239,974
5,155,927
2,633,831
1,602,185
4,038,974
1,323,068
4,551,185
2,512,140
4,344,639
8,712,276
1,541,276
5,253,785
6,143,833
9,983,445
4,493,863
5,149,613
5,368,433
2,525,684
0.71%
0.71%
1.32%
0.68%
1.83%
2.00%
5.15%
1.50%
0.20%
0.79%
0.84%
0.67%
0.52%
0.76%
0.19%
0.79%
0.40%
0.24%
0.62%
0.20%
0.70%
0.38%
0.66%
1.33%
0.24%
0.80%
0.94%
1.53%
0.69%
0.79%
0.82%
0.39%
PRUlink Funds 57

Details of Investment
as at 31 December 2008
PRUlink bond fund
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Sime Darby Property Berhad 5.98% 19/03/2009
SP Setia Berhad 2% 23/11/2010
SP Setia Berhad 2% 23/11/2012
State Bank Of India 4.9% 29/03/2013
Syarikat Bekalan Air Selangor 5% 20/02/2020
Syarikat Bekalan Air Selangor 5% 19/02/2021
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 3.5% 19/07/2010
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 19/07/2012
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 5.5% 29/05/2013
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 19/07/2013
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 5.6% 29/05/2014
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 18/07/2014
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 17/07/2015
Tanjung B Power Sdn Bhd 6.6% 11/05/2009
Tanjung B Power Sdn Bhd 7% 11/05/2010
Tanjung B Power Sdn Bhd 7% 11/11/2010
Tanjung B Power Sdn Bhd 7.2% 11/11/2011
Tanjung B Power Sdn Bhd 7.5% 11/05/2012
Teknologi Tenaga Perlis Consor 7.6% 11/09/2009
Teknologi Tenaga Perlis Consor 8.55% 13/09/2012
Teknologi Tenaga Perlis Consor 8.7% 13/09/2013
Tenaga Nasional Bhd 8.3% 01/10/2012
Tesco Stores (M) Sdn Bhd 4.25% 13/11/2012
YTL Power International Bhd 3% 18/04/2013
YTL Power International Bhd 5.55% 26/09/2013
Negotiable Certificate of Deposits
CIMB Bank - Negotiable Instrument Deposit
5,500,000
2,500,000
2,500,000
15,000,000
4,000,000
15,000,000
4,500,000
1,000,000
5,000,000
1,000,000
5,000,000
500,000
1,000,000
5,000,000
3,500,000
1,250,000
6,000,000
9,500,000
4,550,000
3,500,000
1,000,000
3,000,000
2,300,000
15,000,000
5,000,000
5,000,000
5,595,400
2,336,425
2,202,325
15,000,000
3,661,280
13,533,750
4,207,500
1,169,800
5,000,000
1,234,800
5,000,000
531,500
970,810
5,251,500
3,551,100
1,293,875
6,642,600
10,721,700
4,932,200
3,866,540
1,273,100
3,399,500
2,300,000
13,843,800
5,054,300
546,728,372
5,453,500
5,453,500
5,546,739
2,375,710
2,228,038
15,009,307
3,550,775
13,039,668
4,420,283
1,100,132
5,113,727
1,117,067
5,118,101
569,554
1,141,338
5,063,858
3,621,358
1,304,423
6,373,720
10,237,235
4,672,256
3,967,818
1,172,715
3,418,882
2,195,520
13,923,455
5,136,903
547,846,204
5,351,212
5,351,212
0.85%
0.36%
0.34%
2.29%
0.54%
1.99%
0.68%
0.17%
0.78%
0.17%
0.78%
0.09%
0.17%
0.77%
0.55%
0.20%
0.97%
1.56%
0.71%
0.61%
0.18%
0.52%
0.34%
2.13%
0.79%
83.75%
0.82%
0.82%
58 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink bond fund
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Government Quasi- Government Bond
Bank Pembangunan & Infrastruktur Bhd 7.5% 30/10/2025
Syarikat Prasarana Negara Bhd 4.62% 06/09/2012
State Government Bond
Sovereign Capital Bhd 0% 14/08/2009
Government Bond
Silterra Capital Berhad 3.9% 06/06/2014
1,000,000
2,000,000
6,500,000
9,500,000
1,053,700
2,027,200
3,080,900
5,261,050
5,261,050
9,500,000
9,500,000
1,287,253
2,098,123
3,385,376
6,360,195
6,360,195
9,841,718
9,841,718
0.20%
0.32%
0.52%
0.97%
0.97%
1.50%
1.50%
Total Value of Bonds
570,023,822
572,784,705
87.56%
Details of Investment
as at 31 December 2008
PRUlink managed fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in PRUlink equity fund
Investment in PRUlink bond fund
252,769,618
117,478,267
508,246,186
236,595,414
466,306,864
254,844,429
64.7%
35.3%
Total Value of Investments
744,841,600
721,151,293
100.0%
PRUlink Funds 59

Details of Investment
as at 31 December 2008
PRUlink managed fund II
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in PRUlink equity fund
Investment in PRUlink bond fund
42,579,550
11,269,671
96,566,549
23,775,537
78,550,328
24,447,184
76.3%
23.7%
Total Value of Investments
120,342,086
102,997,512
100.0%
Details of Investment
as at 31 December 2008
PRUlink dana unggul
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Building Materials
Lafarge Malayan Cement Bhd
YTL Cement Bhd
Conglomerates
Malaysian Resources Corp Bhd
MMC Corporation Berhad
Sime Darby Berhad
YTL Corporation Berhad
324,600
772,500
387,000
278,500
826,300
424,000
1,892,905
1,613,356
3,506,261
3,123,157
656,722
2,427,380
1,294,320
7,501,579
1,532,333
1,109,536
2,641,868
3,614,936
272,732
2,323,820
1,124,285
7,335,774
0.9%
0.6%
1.5%
2.1%
0.2%
1.3%
0.6%
4.2%
60 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink dana unggul
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Construction
Gamuda Bhd
IJM Corp Bhd
IJM Land Berhad Warrant 1
Lingkaran Trans Kota Hldgs
Muhibbah Engineering (M) Berhad
Plus Expressways Bhd
Prinsiptek Corporation Bhd
WCT Bhd
Consumer
Nestle (Malaysia) Berhad
Parkson Holdings Bhd
Finance
Syarikat Takaful Malaysia
Industrial
Asia File Bhd - Bonus Issue
Asia File Corp Bhd
Chemical Co Of Malaysia Berhad
PPB Group Berhad
V.S. Industry Berhad
Media
Media Chinese International Ltd
New Straits Times Press (M)
Star Publications (Malaysia)
Motor
APM Automotive Holdings Bhd
UMW Holdings Bhd
29,830
301,200
288,400
427,000
181,300
157,000
3,035,700
958,600
722,800
395,000
193,000
509,300
1,337,000
196,500
224,400
303,150
1,657,950
69,300
677,600
1,237,900
-
464,953
376,030
1,414,663
574,705
1,069,504
13,776,499
8,338,516
26,014,870
3,202,465
1,266,051
4,468,516
409,234
409,234
1,026,574
3,199,834
591,808
452,556
5,270,772
945,101
1,836,539
4,158
2,785,798
714,602
1,342,777
2,057,379
5,693
553,621
286,772
943,533
589,997
558,225
10,854,643
8,232,093
22,024,577
3,738,799
495,923
4,234,721
339,236
339,236
532,003
2,538,048
382,887
140,867
3,593,805
368,425
699,403
27,842
1,095,670
479,810
1,075,495
1,555,305
0.0%
0.3%
0.2%
0.5%
0.3%
0.3%
6.3%
4.7%
12.7%
2.1%
0.3%
2.4%
0.2%
0.2%
0.3%
1.5%
0.2%
0.1%
2.1%
0.2%
0.4%
0.0%
0.6%
0.3%
0.6%
0.9%
PRUlink Funds 61

Details of Investment
as at 31 December 2008
PRUlink dana unggul
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Oil & Gas
Pantech Group Holdings Berhad
Petra Energy Bhd
Petra Perdana Berhad
Petronas Dagangan Bhd
Petronas Gas Bhd
Scomi Group Bhd
Tanjung Offshore Bhd
Plantation
Asiatic Development Berhad
IJM Plantations Bhd
IOI Corporation Bhd
Kuala Lumpur Kepong Bhd
Power
Tenaga Nasional Bhd
YTL Power International Bhd
Property
KLCC Property Holdings Bhd
Krisassets Holdings Berhad - Cw11
Naim Cendera Holdings Bhd
Sunway City Bhd
Telecommunications
DIGI.Com Bhd
Telekom Malaysia Bhd
Time Dotcom Bhd
TM International Bhd
Vads Berhad
450,000
500,200
589,400
413,000
191,360
2,234,971
426,700
2,835,521
2,152,800
950,000
199,100
1,300,000
226,550
1,877,032
120,800
330,700
132,400
974,060
2,279,300
1,313,100
63,600
336,600
1,576,645
3,370,332
5,752,951
155,126
417,655
4,047,569
9,691,692
25,011,971
20,431,628
6,005,500
872,405
940,710
28,250,243
530,378
-
530,378
4,501,487
3,272,721
769,473
683,369
9,227,050
3,809,349
6,867,996
9,245,436
456,202
1,811,152
22,190,135
574,015
3,617,286
5,801,535
138,964
176,826
4,265,129
9,342,989
23,916,744
14,809,586
6,443,572
481,861
795,905
22,530,923
319,901
40,958
360,860
2,865,642
3,275,951
481,625
191,495
6,814,713
2,739,368
7,051,133
4,774,337
482,293
1,927,062
16,974,193
0.3%
2.1%
3.3%
0.1%
0.1%
2.5%
5.4%
13.8%
8.5%
3.7%
0.3%
0.5%
13.0%
0.2%
0.0%
0.2%
1.6%
1.9%
0.3%
0.1%
3.9%
1.6%
4.0%
2.7%
0.3%
1.1%
9.7%
62 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink dana unggul
Equities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Transportation
Airasia Bhd
Alam Maritim Resources Bhd
Bintulu Port Holdings Bhd
MISC Bhd
Water
Kumpulan Perangsang Selangor
Puncak Niaga Holdings Bhd
Salcon Bhd-Wt 23/05/2014
469,000
486,600
720,633
1,163,416
323,000
348,500
1,927,300
2,316,763
1,179,166
4,077,933
980,634
8,554,495
585,881
4,262,401
14,519,673
19,367,955
1,855,991
1,148,541
5,102,817
595,953
8,703,302
454,190
3,115,297
12,098,626
15,668,113
1.1%
0.7%
2.9%
0.3%
5.0%
0.3%
1.8%
6.9%
9.0%
Total Value of Equities
165,146,636
137,789,804
79.3%
PRUlink Funds 63

Details of Investment
as at 31 December 2008
PRUlink dana aman
Fixed Income Securities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Corporate Bonds
ABS Plantation Assets Bhd 6% 08/09/2014
AEON Credit Service (M) Sdn Bhd 3% 31/01/2012
Amislamic Bank Bhd 4.8% 21/12/2011
Bank Muamalat Malaysia Berhad 6.25% 05/09/2011
Binariang GSM Sdn Bhd 5.55% 27/12/2013
Binariang GSM Sdn Bhd 5.65% 26/12/2014
Binariang GSM Sdn Bhd 5.75% 28/12/2015
Binariang GSM Sdn Bhd 5.9% 28/12/2016
Cagamas MBS Bhd 3.63% 28/05/2010
Cagamas MBS Bhd 3.7% 29/05/2012
Cagamas MBS Bhd 5.8% 08/08/2018
Encorp Systembilt Sdn Bhd 0% 03/01/2011
Encorp Systembilt Sdn Bhd 0% 03/01/2012
Jimah Energy Ventures Sdn Bhd 7.25% 10/05/2013
Jimah Energy Ventures Sdn Bhd 7.65% 12/11/2014
Kapar Energy Ventures Sdn Bhd 5.85% 08/07/2010
Kuala Lumpur Kepong Bhd 4% 10/05/2012
Lingkaran Trans Kota Sdn Bhd 5.45% 13/04/2018
Lingkaran Trans Kota Sdn Bhd 5.6% 15/04/2019
Lingkaran Trans Kota Sdn Bhd 5.7% 15/04/2020
Maju Expressway Sdn Bhd 4.75% 26/07/2013
Malakoff Corporation Bhd 5.883% 30/04/2014
Malakoff Corporation Bhd 5.983% 30/04/2015
Malakoff Corporation Bhd 6.682% 29/04/2022
Midciti Resources Sdn Bhd 7.95% 16/11/2009
Mukah Power Generation Sdn Bhd 7.8% 27/06/2017
Mukah Power Generation Sdn Bhd 8.2% 27/12/2019
Mukah Power Generation Sdn Bhd 8.3% 26/06/2020
Optimal Glycols Malaysia Sdn Bhd 5.3% 29/09/2011
215,000
1,000,000
1,250,000
1,400,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
300,000
550,000
460,000
800,000
250,000
1,500,000
250,000
250,000
250,000
650,000
500,000
800,000
800,000
350,000
450,000
300,000
250,000
500,000
214,409
950,700
1,250,550
1,426,348
503,800
504,305
504,785
503,470
500,000
500,000
500,000
126,570
342,705
498,364
858,320
263,950
1,500,000
254,823
255,148
254,350
584,448
505,220
809,264
823,845
413,125
540,270
331,770
276,925
500,000
223,452
962,588
1,238,896
1,438,382
506,327
502,546
497,463
497,074
501,868
499,544
547,477
273,537
476,343
483,974
854,852
256,293
1,480,685
245,367
244,328
243,232
602,240
493,680
785,421
754,202
364,233
508,678
349,684
292,449
516,656
0.6%
2.5%
3.2%
3.8%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.4%
0.7%
1.2%
1.3%
2.2%
0.7%
3.9%
0.6%
0.6%
0.6%
1.6%
1.3%
2.1%
2.0%
1.0%
1.3%
0.9%
0.8%
1.3%
64 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink dana aman
Fixed Income Securities
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Plus Expressways Bhd 0% 09/10/2020
Plus Expressways Bhd 6.7% 31/05/2011
Ranhill Powertron Sdn Bhd 7.1% 26/06/2015
Saj Holdings Sdn Bhd 7.65% 25/10/2016
Sarawak Power Generation Sdn Bhd 7.2% 26/06/2017
Sarawak Power Generation Sdn Bhd 7.3% 26/12/2017
Sime Darby Berhad 0% 09/06/2009
Sime Darby Berhad 4.38% 05/02/2010
Sime Darby Property Berhad 5.98% 19/03/2009
Syarikat Bekalan Air Selangor 5% 20/02/2020
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 3.5% 19/07/2010
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 5.4% 29/05/2012
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 17/07/2015
Tanjung B Power Sdn Bhd 7% 11/05/2010
Tanjung B Power Sdn Bhd 7% 11/11/2010
Tanjung B Power Sdn Bhd 7.2% 11/11/2011
Tanjung B Power Sdn Bhd 7.5% 11/05/2012
Teknologi Tenaga Perlis Consor 7.6% 11/09/2009
Teknologi Tenaga Perlis Consor 8.55% 13/09/2012
Tenaga Nasional Bhd 8.3% 01/10/2012
Tesco Stores (M) Sdn Bhd 4.25% 13/11/2012
Government Bond
Silterra Capital Berhad 3.9% 06/06/2014
1,500,000
500,000
250,000
950,000
450,000
300,000
1,000,000
250,000
500,000
1,000,000
500,000
650,000
250,000
240,000
250,000
900,000
500,000
450,000
700,000
500,000
200,000
500,000
651,285
557,800
270,425
1,109,030
478,980
319,860
980,055
250,000
511,925
915,320
467,500
650,000
242,697
243,504
253,775
995,410
564,300
487,800
773,308
579,900
200,000
28,000,335
500,000
500,000
803,150
534,062
228,665
1,054,116
509,302
342,666
987,578
252,568
504,249
887,694
491,143
663,202
285,334
248,322
260,885
956,058
538,802
462,091
793,564
569,814
190,915
28,205,649
517,985
517,985
2.1%
1.4%
0.6%
2.8%
1.3%
0.9%
2.6%
0.7%
1.3%
2.3%
1.3%
1.7%
0.7%
0.6%
0.7%
2.5%
1.4%
1.2%
2.1%
1.5%
0.5%
73.7%
1.35%
1.35%
Total Value of Bonds
28,500,335
28,723,635
75.03%
PRUlink Funds 65

Details of Investment
as at 31 December 2008
PRUlink dana urus
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in PRUlink dana unggul
Investment in PRUlink dana aman
25,550,053
12,388,721
43,582,731
19,297,251
36,881,501
20,305,940
64.5%
35.5%
Total Value of Investments
62,879,982
57,187,441
100.0%
Details of Investment
as at 31 December 2008
PRUlink dana urus II
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in PRUlink dana unggul
Investment in PRUlink dana aman
3,701,957
1,008,651
6,603,697
1,619,984
5,343,775
1,655,196
76.4%
23.6%
Total Value of Investments
8,223,681
6,998,972
100.0%
66 PRUlink Funds

Details of Investment
as at 31 December 2008
PRUlink golden equity fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in PRUlink equity fund
19,819,555
48,175,374
36,516,269
100.0%
Total Value of Investments
48,175,374
36,516,269
100.0%
Details of Investment
as at 31 December 2008
PRUlink golden bond fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in PRUlink bond fund
57,451,721
121,650,988
124,564,682
100.0%
Total Value of Investments
121,650,988
124,564,682
100.0%
PRUlink Funds 67

Details of Investment
as at 31 December 2008
PRUlink guaranteed account
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Fixed Income Securities
Corporate/Debt Securities
RHB Capital Berhad 6.7% 11/01/2010
992,260
1,000,000
1,000,000
1,012,927
1,012,927
6.3%
6.3%
Other Investments
NID 0% 01/03/2010
16,134,087
13,202,524
13,202,524
15,487,627
15,487,627
96.1%
96.1%
Total Value of Investments
14,202,523
16,500,554
102.4%
Details of Investment
as at 31 December 2008
PRUlink asia managed fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in Asian Bond Fund
Investment in Asian Equity Fund
1,203,198
1,779,669
49,119,820
182,287,294
45,198,397
115,462,204
28.1%
71.9%
Total Value of Investments
231,407,114
160,660,601
100.0%
68 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Equity Fund
Currency
Holding *
Value
(RM) *
% of Fund
Automobiles & Components
Hankook Tire Co Ltd
Banks
Bumiputra-Commerce Holdings Berhad
KB Financial Group Inc
Breweries & Leisure & Hotels
Ctrip.Com International -Adr
Building & Construction
Ivrcl Infrastructure And Projects
Suzlon Energy Ltd
Chemicals & Pharmaceuticals
Hengan International Group Co Ltd
Computers & Software
Ncsoft Corporation
Satyam Computer Services
Diversified Operations
Hutchison Whampoa Ltd
Electronics & Electrical Equipment
Advanced Semiconductor Engineering Inc
BYD Electronic Co Ltd
Hon Hai Precision Industry
LG.Display Co Ltd Par
Mediatek Inc
Samsung Electronics Co Ltd
Tata Power Co Ltd
KRW
MYR
KRW
USD
INR
INR
HKD
KRW
INR
HKD
TWD
HKD
TWD
KRW
TWD
KRW
INR
56,896.60
295,184.27
16,109.19
17,213.16
63,507.72
101,337.46
238,758.88
6,886.47
56,126.17
177,762.09
1,368,616.50
559,762.89
430,744.81
24,523.39
100,237.77
2,983.48
41,805.79
2,391,324
2,391,324
1,724,579
1,491,297
3,215,876
1,330,515
1,330,515
652,021
450,905
1,102,926
2,654,183
2,654,183
995,046
684,669
1,679,715
3,083,203
3,083,203
1,703,983
682,242
2,917,807
1,414,688
2,332,070
3,696,242
2,236,827
14,983,860
2.07%
2.07%
1.49%
1.29%
2.79%
1.15%
1.15%
0.56%
0.39%
0.96%
2.30%
2.30%
0.86%
0.59%
1.45%
2.67%
2.67%
1.48%
0.59%
2.53%
1.23%
2.02%
3.20%
1.94%
12.98%
PRUlink Funds 69

Details of Investment
as at 31 December 2008
Asian Equity Fund
Currency
Holding *
Value
(RM) *
% of Fund
Energy
China Petroleum & Chemical Corp
PTT Pcl / Foreign
SK Energy Par
Extractive Industries
Bumi Resources Tbk Pt
Cnooc Ltd
Energi Mega Persada Tbk Pt
Medco Energi Internasional
Yanzhou Coal Mining Co
Financial
Ara Asset Management
Bangkok Bank Public Co-Foreign Reg
Bank Of China Ltd
Bank Rakyat Indonesia
BOC Hong Kong Holdings Ltd
Chinatrust Financial Holding
DBS Group Holdings Ltd
DBS Group Rts
Hana Financial Group Inc
ICICI Bank Ltd - Spon Adr
ICICI Bank Ltd
Korea Exchange Bank
Metropolitan Bank & Trust
Reliance Capital Ltd
Yuanta Financial Holdings Co
Food & Textiles & Apparel
Far Eastern Textile
HKD
THB
KRW
IDR
HKD
IDR
IDR
HKD
SGD
THB
HKD
IDR
HKD
TWD
SGD
SGD
KRW
USD
INR
KRW
PHP
INR
TWD
TWD
400,031.72
68,591.23
8,283.43
3,761,994.03
568,409.68
6,983,462.62
1,516,603.57
358,741.58
703,406.98
434,639.02
3,336,256.51
2,384,605.98
151,151.40
1,126,688.67
112,073.23
56,036.62
18,768.71
6,947.67
75,186.32
21,391.11
885,378.52
28,580.22
471,596.38
1,476,122.41
837,605
1,194,992
1,713,428
3,746,026
1,084,211
1,837,266
185,782
898,189
911,310
4,916,758
618,379
3,007,267
3,157,674
3,455,110
592,487
1,652,419
2,272,842
404,901
1,005,379
461,067
2,406,251
371,961
1,481,775
1,105,838
731,458
22,724,807
3,270,719
3,270,719
0.73%
1.03%
1.48%
3.24%
0.94%
1.59%
0.16%
0.78%
0.79%
4.26%
0.54%
2.60%
2.73%
2.99%
0.51%
1.43%
1.97%
0.35%
0.87%
0.40%
2.08%
0.32%
1.28%
0.96%
0.63%
19.68%
2.83%
2.83%
70 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Equity Fund
Currency
Holding *
Value
(RM) *
% of Fund
Insurance
Ping An Insurance Group Co
Manufacturing
AAC Acoustic Technology Hold Par
Bakrie & Brother Pt
Aditya Birla Nuvo Limited
Taiwan Cement
Materials
Sterlite Industries
Media & Publishing
Focus Media Holding
Property
Yanlord Land Group Ltd
Guangzhou R&F Prop
Henderson Land Development
Wharf Holdings
Kowloon Development Co Ltd
Public Utilities
S1 Corporation
Real Estate
Rreef China Commercial Trust
Shui On Land Ltd
Retail
Lotte Shopping Co
Pt Astra International
Shinsegae Co Ltd
HKD
HKD
IDR
INR
TWD
INR
USD
SGD
HKD
HKD
HKD
HKD
KRW
HKD
HKD
KRW
IDR
KRW
144,783.60
636,377.54
19,896,081.72
24,771.40
1,323,574.12
26,429.91
55,574.11
648,107.69
326,674.70
244,121.23
419,972.98
261,756.68
13,799.75
549,306.29
792,656.69
3,194.76
102,588.56
1,914.83
2,423,944
2,423,944
988,703
315,059
1,016,761
3,763,644
6,084,168
490,979
490,979
1,692,121
1,692,121
1,397,093
1,246,963
3,127,947
3,984,302
341,234
10,097,540
2,047,037
2,047,037
647,427
867,008
1,514,435
1,842,968
342,772
2,535,350
4,721,091
2.10%
2.10%
0.86%
0.27%
0.88%
3.26%
5.27%
0.43%
0.43%
1.47%
1.47%
1.21%
1.08%
2.71%
3.45%
0.30%
8.75%
1.77%
1.77%
0.56%
0.75%
1.31%
1.60%
0.30%
2.20%
4.10%
PRUlink Funds 71

Details of Investment
as at 31 December 2008
Asian Equity Fund
Currency
Holding *
Value
(RM) *
% of Fund
Tobacco
Huabao International Holdings
Transport & Telecomunications
China Cosco Holdings
China Mobile (Hong Kong) Ltd
China Unicom Hong Kong Ltd
Cosco Corp Singapore Ltd
Dacom Corp
Philippine Long Distance Telephone
Cash and Cash Equivalent
Cash and Cash Equivalent
HKD
HKD
HKD
HKD
SGD
KRW
PHP
1,233,676.92
916,661.16
136,639.52
975,037.64
453,253.10
42,994.70
13,564.75
2,797,932
2,797,932
2,205,817
4,746,002
4,048,334
1,037,098
2,350,329
2,087,601
16,475,180
2,017,866
2,017,866
2.42%
2.42%
1.91%
4.11%
3.51%
0.90%
2.04%
1.81%
14.27%
1.75%
1.75%
Value of Fund at Year End
115,462,204
100.00%
Note
The closing rates used in the translation of foreign currency to US Dollar and subsequently to RM are as follows:
Foreign Currency
Currency
USD
RM
1 Singapore Dollar
1 US Dollar
100 Hong Kong Dollar
100 Indian Rupee
100 Philippine Peso
100 Taiwan Dollar
100 Thai Baht
10000 Indonesian Rupiah
10000 Korean Won
72 PRUlink Funds
SGD
USD
HKD
INR
PHP
TWD
THB
IDR
KRW
0.6941
1.0000
12.9028
2.0525
2.1030
3.0471
2.8752
0.9174
7.9393
Note: Asian Equity Fund is sub-managed by Prudential Asset Management (HK) Ltd .
* These are the prorated holdings of PRUlink asia managed fund in Asian Equity Fund.The holdings represents 6.7% of the total value of Asian Equity Fund of RM1,724,057,169. All holdings
have been converted from their local currencies to US Dollar and subsequently to Ringgit Malaysia at the prevailing foreign exchange rates as at the closing business day.
-
3.4600
-
-
-
-
-
-
-

Details of Investment
as at 31 December 2008
Asian Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Corporate Bond
Public Bank Berhad 5% 20/06/2017
PTT Chemical Pcl 5.5% 24/06/2015
KT Corp 4.8750% 15/07/2015
PCCW Hkt Capital N03 Ltd 5.25% 20/07/2015
GT 2005 Bonds Bv 10.25% 21/07/2010
PT Bank Niaga 7.75% 14/07/2015
Shinhan Bank Var 15/07/2015
Sarawak International 5.5% 03/08/2015
Dah Sing Bank Ltd 5.451% 18/08/2017
Dah Sing Bank Frn 06/05/2015
SBB Capital Corp 6.62% 02/11/2015 (Perpetual)
Export-Import Bank Korea Frn 16/11/2010
Korea Ew Power 5.25% 15/11/2012
Hyundai Capital Services 5.5% 23/11/2010
Bank Of East Asia 5.625% 13/12/2015
UOB Cayman Ltd 5.796% 15/03/2016 (Perp) (Pref)
Shinhan Bank 5.75% 28/02/2016
Industrial Bank Of Korea 4% 19/05/2014
SK Telecom Co Ltd 4.25% 01/04/2011
Bank Danamon 7.65% 30/03/2014
Commerce Intl Merch Bankers 5% 15/04/2014
Public Bank Berhad 5.625% 22/09/2014
KT Corp 5.8750% 24/06/2014
Sino Forest Corp 9.125% 17/08/2011
United Overseas Bank 5.375% 03/09/2019
Mgti Finance 8.375% 15/09/2010
TM Global Incorporated 5.25% 22/09/2014
Towngas China Co Ltd 8.25% 23/09/2011
DBS Bank Ltd/Singapore Frn 15/11/2019
HanaroTelecom Inc 7% 01/02/2012
Shinhan Bank 5.663% 02/03/2035
Korea Highway Corp 5.125% 20/05/2015
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
126,534
36,153
126,534
72,305
108,458
117,496
54,229
144,611
126,534
16,269
253,069
126,534
72,305
144,611
36,153
140,995
54,229
162,687
93,093
180,763
54,229
90,382
36,153
90,382
108,458
269,337
155,456
144,611
36,153
122,015
11,750
83,151
359,003
99,031
356,817
182,496
112,579
407,829
144,477
416,049
269,258
48,972
577,907
380,894
226,683
456,759
97,569
307,342
135,095
551,950
305,737
560,552
187,934
311,219
111,246
237,668
311,470
946,473
502,687
477,788
97,569
341,960
21,140
231,561
0.79%
0.22%
0.79%
0.40%
0.25%
0.90%
0.32%
0.92%
0.60%
0.11%
1.28%
0.84%
0.50%
1.01%
0.22%
0.68%
0.30%
1.22%
0.68%
1.24%
0.42%
0.69%
0.25%
0.53%
0.69%
2.09%
1.11%
1.06%
0.22%
0.76%
0.05%
0.51%
PRUlink Funds 73

Details of Investment
as at 31 December 2008
Asian Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
PT Bk Intl Indo 7.75% 28/04/2015
Thai Oil Co Ltd 5.1% 09/06/2015
Natl Agri Coop Fed 5.125% 26/05/2015
ICICI Bank Ltd 7.25% 31/10/2016 (Perpetual)
Gain Silver Finance 6.375% 25/08/2016
Media Nusantara Citra Bv 10.75% 09/12/2011
Agile Property Hldgs Ltd 9% 22/09/2013
Majapahit Holding 7.75% 17/10/2016
Greentown China Holdgs 9% 08/11/2013
Parkson Retail Group 7.875% 14/11/2011
Majapahit Hldgs 7.25% 17/10/2011
Land Bank Of Philippines 7.25% 19/10/2016
PT Bank Lippo Tbk 7.375% 22/11/2016
Ciliandra Perkasa Finance Co Pt 10.75% 08/12/2011
Liu Chong Hing Bk Ltd Frn 16/12/2016
Empire Capital Resources 9.375% 15/12/2011
State Bank Of India 6.439% 28/02/2049
Sun Hung Kai Prop 5.375% 08/03/2017
Lai Fung Holdings Ltd 9.125% 04/04/2014
Woori Bank 6.208% 02/05/2037
Indo Integrated Energy B 8.5% 01/06/2012
Wing Hang Bank Ltd 6% 29/04/2049
Citic Resources Finance 6.75% 15/05/2014
IRPC Pcl 6.375% 25/05/2017
Parkson Retail Group 7.125% 30/05/2012
Majapahit 7.875% 29/06/2037
Majapahit 7.25% 28/06/2017
Blue Ocean Resources 11% 28/06/2018
Lippo KaRawaci Finance 8.875% 03/09/2011
Penerbangan Malaysia Bd 5.625% 15/03/2016
Korea South West Power 6% 25/05/2016
PSA International 5.9% 29/06/2016
Korea Midland Power Co 5.375% 02/11/2013
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
45,191
108,458
54,229
18,076
197,032
138,478
144,611
189,801
189,801
108,458
90,382
204,263
169,918
14,461
108,458
99,420
36,153
234,992
72,305
61,460
164,495
168,110
144,611
54,229
18,076
54,229
54,229
90,382
126,534
180,763
126,534
216,916
48,806
156,859
313,994
140,724
31,897
532,365
191,653
270,191
380,894
229,850
262,685
234,540
593,669
367,447
24,017
355,660
223,595
87,562
773,817
130,092
106,325
341,491
232,664
335,236
148,390
40,575
99,445
97,569
87,562
252,674
625,070
375,745
835,084
153,937
0.35%
0.69%
0.31%
0.07%
1.18%
0.42%
0.60%
0.84%
0.51%
0.58%
0.52%
1.31%
0.81%
0.05%
0.79%
0.49%
0.19%
1.71%
0.29%
0.24%
0.76%
0.51%
0.74%
0.33%
0.09%
0.22%
0.22%
0.19%
0.56%
1.38%
0.83%
1.85%
0.34%
74 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Swire Pacific Mtn Financing Ltd 6.25% 18/04/2018
9 Dragons 7.875% 29/04/2013
DBS Bank Ltd/Singapore 5.125% 16/05/2017
National Agricultural 5.55% 23/10/2012
Wharf Finance Ltd 6.125% 06/11/2017
ICICI Bank Ltd 6.625% 03/10/2012
GS Galtex Corp 7.25% 02/07/2013
Shinsegae Co Ltd 6.125% 27/06/2011
HKCG Finance Ltd 6.25% 07/08/2018
CMHI Finance Caymans Inc 6.125% 18/06/2013
USD B Adj
Electricity Of Vietnam 9.6% 08/11/2016
Vietnam Machinery 9.2% 06/06/2017
Bankthai Pcl Frn 17/07/2016
Dev Bank Philippines 8.375% 15/09/2016 (Perp)
CFG Investment Sac 9.25% 19/12/2013
Mer Lynch Lux Mer Float 5.165% 20/12/13
Merrill Lynch Sa Frn 03/08/2011
DBS Bank Singapore 7.875% 10/08/2009
Telekom Malaysia Berhad 7.875% 01/08/2025
PCCW-Hwt Capital No2 Pccw 15/07/2013
Korea Developmernt Bank 5.75% 10/09/2013
Hutchison Wh 7.45% 08/01/2017
Hutchison Whampoa Finance Ci 7.5% 01/08/2027
Kasikornbank Pcl 8.25% 21/08/2016
Tenaga Nasional 7.5% 11/01/2025
Bangkok Bank 9.025% 15/03/2029
Oversea-Chinese Banking Corp 7.75% 06/09/2011
Petronas Capital 7.875% 22/05/2022
Hana Funding 8.748% 17/12/2012 (Perpetual)
Korea Highway Corp 4.9% 01/07/2013
Philippine Long Dist Tel 8.35% 06/03/2017
EON Bank Berhad 5.375% 21/01/2014
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
72,305
81,343
54,229
54,229
131,957
34,345
108,458
54,229
234,992
108,458
0
98,167
54,043
108,458
153,649
36,153
90,382
72,305
21,692
111,169
18,076
27,114
108,458
36,153
78,632
108,458
83,151
130,150
36,153
79,536
72,305
225,050
14,461
252,186
70,362
168,869
157,611
386,721
93,879
321,192
173,055
868,383
339,168
-
268,072
93,949
277,981
440,908
68,799
245,486
187,632
76,667
415,816
52,720
79,744
377,978
118,642
239,419
373,855
244,547
454,821
142,298
249,855
219,433
724,167
49,959
0.56%
0.16%
0.37%
0.35%
0.86%
0.21%
0.71%
0.38%
1.92%
0.75%
0.00%
0.59%
0.21%
0.62%
0.98%
0.15%
0.54%
0.42%
0.17%
0.92%
0.12%
0.18%
0.84%
0.26%
0.53%
0.83%
0.54%
1.01%
0.31%
0.55%
0.49%
1.60%
0.11%
PRUlink Funds 75

Details of Investment
as at 31 December 2008
Asian Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
CS First Bank Korea 7.267% 03/03/2034
Hutchison Whampoa Intl 01/11 7% 16/02/2011
Singapore Telecommunications 6.375% 01/12/2011
PCCW Hkt Capital Ltd 7.75% 15/11/2011
Cnooc Finance 2002 Ltd 6.375% 08/03/2012
Petronas Capital 7% 22/05/2012
Hutchison Whampoa Intl 03/13 6.5% 13/02/2013
Cnooc Finance 2003 Ltd 5.5% 21/05/2033
Hutchison Whampoa Intl 03/33 7.45% 24/11/2033
Hutchison Wham Intl 6.25% 24/01/2014
Government Bond
Indonesia Government Intl Bond 7.5% 15/01/2016
Republic Of Indonesia 8.5% 12/10/2035
Republic Of Philippines 7.75% 14/01/2031
Hong Kong Government 3.73% 05/06/2013
Indonesia Government 9.5% 15/06/2015
Indonesia Government Internation 7.25% 20/04/2015
Philippine Government Aid Bonds 7.5% 25/09/2024
Republic Of Philippines 6.375% 15/01/2032
Republic Of Indonesia 6.625% 17/02/2037
Republic Of Indonesia 6.875% 03/09/2017
Republic Of Indonesia 7.75% 17/01/2038
Republic Of Indonesia 6.875% 17/01/2018
Indonesia Government Internation 6.75% 10/03/2014
YTL Power International Bhd 3% 18/04/2013
KoRea Gas 4.75% 26/11/2010
Republic Of Philippines 8.75% 07/10/2016
Philippine Long Distance Telephone 11.375% 05/15/2012
Republic Of Philippines 10.625% 16/03/2025
Republic Of Philippines 9.375% 18/01/2017
Republic Of Philippines 8.875% 17/03/2015
Republic Of Philippines 9.5% 02/02/2030
Republic Of Philippines 8% 15/01/2016
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
HKD
IDR
USD
USD
USD
USD
USD
USD
USD
USD
MYR
USD
USD
USD
USD
USD
USD
USD
USD
68,690
197,032
65,075
216,916
15,003
261,203
368,757
155,728
151,841
72,305
61,460
108,458
234,992
1,084,580
307,297,607
61,640
90,382
253,069
108,458
101,227
192,061
253,069
11,750
216,916
144,611
18,076
49,710
154,553
144,611
22,595
223,243
18,980
173,497
708,247
241,383
718,630
55,179
961,219
1,269,324
536,054
492,274
244,958
32,443,928
185,005
315,222
821,204
538,833
87,185
187,682
291,807
823,080
270,191
287,203
558,206
718,006
35,369
201,361
478,760
65,671
176,081
614,965
535,378
82,089
849,662
65,671
8,188,632
0.38%
1.57%
0.53%
1.59%
0.12%
2.13%
2.81%
1.19%
1.09%
0.54%
71.78%
0.41%
0.70%
1.82%
1.19%
0.19%
0.42%
0.65%
1.82%
0.60%
0.64%
1.24%
1.59%
0.08%
0.45%
1.06%
0.15%
0.39%
1.36%
1.18%
0.18%
1.88%
0.15%
18.12%
76 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Mortgage Related
Start Clo Limited Frn MBS 07/06/2011
Start Clo Limited Frn 0% 26/12/2011
Time Deposit
RABO Ned N TD 05NOV08
Cash and Cash Equivalent
Cash and Cash Equivalent
USD
USD
USD
76,824
48,806
821,162
237,955
143,437
381,393
2,841,221
2,841,221
1,343,223
1,343,223
0.53%
0.32%
0.84%
6.29%
6.29%
2.97%
2.97%
Value of Fund at Year End
45,198,397
100.00%
Note
The closing rates used in the translation of foreign currency to US Dollar and subsequently to RM are as follows:
Foreign Currency
Currency
USD
RM
1 US Dollar
100 Hong Kong Dollar
10000 Indonesian Rupiah
USD
HKD
IDR
1.0000
12.9028
0.9174
Note: Asian Bond Fund is managed by Prudential Asset Management (Singapore) Ltd.
* These are the prorated holdings of PRUlink asia managed fund in Asian Bond Fund. The holdings represents 1.8% of the total value of Asian Bond Fund of RM2,500,418,907. All holdings
have been converted from their local currencies to US Dollar and subsequently to Ringgit Malaysia at the prevailing foreign exchange rates as at the closing business day.
3.4600
-
-
PRUlink Funds 77

Details of Investment
as at 31 December 2008
PRUlink asia property securities fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in Asian Property Securities Fund
516,414
14,914,950
8,923,235
99.9%
Total Value of Investments
14,914,950
8,923,235
99.9%
Details of Investment
as at 31 December 2008
Asian Property Securities Fund
Currency
Holding *
Value
(RM) *
% of Fund
Breweries & Leisure & Hotels
Regal Real Estate Investment Hkd
Financial
Ara Asset Managemnt Sgd
Frasers Commerical Trust
Goodman Group No Par
Investment Trusts
Cambridge Industrial Trust
Japan Prime Realty Inv
Lippo-Mapletree Indonesia
Nomura Real Estate Office
HKD
SGD
SGD
AUD
SGD
JPY
SGD
JPY
262,939.52
156,547.80
76,374.05
35,659.08
197,204.64
31.16
109,431.47
17.48
113,867
113,867
137,624
43,228
63,245
244,098
130,619
251,185
81,707
387,465
850,976
1.28%
1.28%
1.54%
0.48%
0.71%
2.74%
1.46%
2.81%
0.92%
4.34%
9.54%
78 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Property Securities Fund
Currency
Holding *
Value
(RM) *
% of Fund
Property
Amfirst Real Estate Investment Trust Alue
Ascott Residence Trust
Capitacommercial Trust
Capitamall Trust Sgd1.00
CFS Retail Property Trust
Commonwealth Property Office
GPT Group
Henderson Land Development Hkd2.00
Japan Real Estate Investment
Macarthurcook Industrial Reit
Mapletree Logistics Trust
Mirvac Group
Nippon Building Fund
Prime Reit
Stockland
UOA Real Estate Investment Trust Par Myr 1
Westfield Group
Real Estate
CDL Hospitality Trusts
RREEF China Commercial Trust
Retail
Axis Real Estate Investment Myr Par 1
Dexus Property Trust
Hektar Real Estate Investment Myr Par1
Japan Retail Fund Investment Q
Link Reit
Starhill Real Estate Investment Myr
Tower Real Estate Investment Myr Par 1
Mutual Fund
CPN Retail Growth Fund
MYR
SGD
SGD
SGD
AUD
AUD
AUD
HKD
JPY
SGD
SGD
AUD
JPY
SGD
AUD
MYR
AUD
SGD
HKD
MYR
AUD
MYR
JPY
HKD
MYR
MYR
THB
259,405.79
93,472.72
112,091.27
52,815.89
34,695.48
15,422.62
232,334.04
9,879.23
24.32
138,309.23
121,400.54
77,164.39
20.90
68,394.67
73,241.19
160,385.51
25,017.63
41,036.80
159,207.60
120,678.60
180,497.72
111,331.33
15.58
67,700.47
274,566.61
179,270.03
304,242.30
207,254
130,577
241,630
202,263
155,504
43,618
512,303
126,583
742,404
84,947
102,340
236,730
783,878
85,661
709,191
171,389
776,501
5,312,772
72,153
187,646
259,799
134,984
354,741
85,613
230,034
386,878
198,802
157,552
1,548,604
236,250
236,250
2.32%
1.46%
2.71%
2.27%
1.74%
0.49%
5.74%
1.42%
8.32%
0.95%
1.15%
2.65%
8.78%
0.96%
7.95%
1.92%
8.70%
59.54%
0.81%
2.10%
2.91%
1.51%
3.98%
0.96%
2.58%
4.34%
2.23%
1.77%
0.17%
2.65%
2.65%
PRUlink Funds 79

Details of Investment
as at 31 December 2008
Asian Property Securities Fund
Value
(RM) *
% of Fund
Cash and Cash Equivalent
Cash and Cash Equivalent
356,868
356,868
4.00%
4.00%
Value of Fund at Year End
Note
The closing rates used in the translation of foreign currency to US Dollar and subsequently to RM are as follows:
8,923,235
100.00%
Foreign Currency
Currency
USD
RM
1 Australian Dollar
1 Singapore Dollar
1 US Dollar
100 Hong Kong Dollar
100 Thai Baht
100 Japanese Yen
0.6972
0.6941
1.0000
12.9028
2.8752
1.1031
Note: Asian Property Securities Fund is sub-managed by Prudential Asset Management (HK) Ltd.
* These are the prorated holdings of PRUlink asia property securities fund in Asian Property Securities Fund.The holdings represents 38% of the total value of Asian Property Securities Fund of
RM23,484,026. All holdings have been converted from their local currencies to US Dollar and subsequently to Ringgit Malaysia at the prevailing foreign exchange rates as at the closing business day.
AUD
SGD
USD
HKD
THB
JPY
-
-
3.4600
-
-
-
Details of Investment
as at 31 December 2008
PRUlink asia local bond fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in Asian Local Bond Fund
21,040
739,698
769,704
87.6%
Total Value of Investments
739,698
769,704
87.6%
80 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Local Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Corporate Bond
9 Dragons 7.875% 29/04/2013
Agile Property Hldgs Ltd 9% 22/09/2013
Asif Global Financing XXVII 2.38% 26/02/2009
Banyan Tree Holding Ltd 5.5% 01/08/2011
Binariang GSM Sdn Bhd 5.35% 28/12/2012
Binariang GSM Sdn Bhd 5.55% 27/12/2013
Blue Ocean Resources 11% 28/06/2018
Cagamas MBS Bhd 4.17% 27/05/2022
Capitaland Treasury Ltd Frn 15/03/2011
Cathay Pacific Airways Ltd 3.82% 09/11/2011
Cathay Pacific Airways Ltd Frn 09/11/2011
Cct Mtn Pte Ltd 3.15% 01/24/2011
Cheung Kong Bond Finance Ltd 3.48% 22/04/2013
CIMB Bank Bhd 6.7% 10/07/2038
CLP Power Hk Fin Chinlp 4.75% 08/23
CLP Power Hk Financing 4.38% 11/01/2017
Electricity Of Vietnam 9.6% 08/11/2016
Erza Hldgs 5.285% 08/01/2011
Export-Import Bank Korea 2.55% 20/07/2009
Fannie Mae 2.29% 19/02/2009
General Electric Capital Corp 3.03% 11/02/2013
General Electric Capital Corp 3.65% 06/04/2009
Greentown China Holdgs 9% 08/11/2013
GT 2005 Bonds Bv 10.25% 21/07/2010
Hysan (Mtm) 5.25% 11/08/2015
ICICI Bank Limited 3.92% 15/02/2012
Indo Integrated Energy B 8.5% 01/06/2012
Industrial Bank Of Korea 4% 19/05/2014
Korea Monetary Stabilization Bon 5.36% 24/08/2009
Korea Treasury Bond 5.25% 17/03/2014
Korea Trsy Bond 4.25% 10/09/2014
USD
USD
SGD
SGD
MYR
MYR
USD
MYR
SGD
SGD
SGD
SGD
HKD
MYR
HKD
HKD
USD
SGD
SGD
SGD
SGD
SGD
USD
USD
HKD
SGD
USD
USD
KRW
KRW
KRW
1,825.80
978.11
1,238.94
1,956.22
3,260.36
5,705.63
1,304.14
1,630.18
1,304.14
1,304.14
652.07
652.07
19,562.15
3,260.36
6,520.72
6,520.72
4,599.51
652.07
1,956.22
978.11
163.02
1,304.14
2,608.29
2,608.29
13,041.44
9,781.08
1,369.35
94.55
3,260,358.99
1,304,143.60
3,912,430.79
1,579
1,857
2,956
4,828
3,261
5,662
1,263
1,399
2,952
3,160
1,521
1,589
8,952
3,321
3,651
3,243
12,560
1,382
4,708
2,356
399
3,161
3,111
2,707
6,522
20,685
2,649
302
9,081
3,753
10,613
0.21%
0.24%
0.38%
0.63%
0.42%
0.74%
0.16%
0.18%
0.38%
0.41%
0.20%
0.21%
1.16%
0.43%
0.47%
0.42%
1.63%
0.18%
0.61%
0.31%
0.05%
0.41%
0.40%
0.35%
0.85%
2.69%
0.34%
0.04%
1.18%
0.49%
1.38%
PRUlink Funds 81

Details of Investment
as at 31 December 2008
Asian Local Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Malayan Banking Bhd 6.3% 25/09/2068
Mapletree Treasury 4.6% 20/08/2013
Mer Lynch Lux Mer Float 5.165% 20/12/2013
Merrill Lynch Sa Frn 03/08/2011
National Power Corp 5.875% 19/12/2016
Phillipine Govt. 10.25% 19/01/2026
Public Bank Berh Pubkbd 5.1% 22/12/2036
Swire Pacific Mtn Fin 4.08% 28/07/2011
Swire Pacific Mtn Financing 4.93% 28/03/2013
United Overseas Bank Ltd 4.1% 03/09/2019
Vietnam Machinery 9.2% 06/06/2017
Government Bond
Cct Mtn Pte Ltd 3.85% 08/20/2010
Central American Bank 4.8% 03/11/2011
City Development 5.5% 06/10
Gen Elec Cap 4.69% 02/06/2012
HK Vovt 2.03% 18/03/2013
Hong Kong Government 3.52% 05/12/2017
Hong Kong Government 3.73% 05/06/2013
Hong Kong Government 4.85% 27/06/2017
Hong Kong Government Bond 2.88% 17/06/2013
Hong Kong Government Bond 3.56% 25/06/2018
Hong Kong Government 3.27% 28/08/2023
Indonesia Government 10.25% 15/07/2027
Indonesia Government 11% 15/11/2020
Indonesia Government 15/09/2013
Indonesia Government 9.5% 15/06/2015
Indonesia Govt 9% 15/09/2018
Indonesia Recapital Bond 13.15% 15/01/2012
Indonesia Recapital Bond 13.4% 15/02/2011
Indonesia Treasury Bond 10% 15/02/2028
MYR
SGD
USD
USD
PHP
PHP
MYR
HKD
HKD
SGD
USD
SGD
HKD
SGD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
IDR
IDR
IDR
IDR
IDR
IDR
IDR
IDR
3,260.36
1,956.22
1,304.14
1,304.14
163,017.95
41,732.60
9,781.08
16,301.79
13,041.44
32.60
1,299.68
1,304.14
19,562.15
1,956.22
1,956.22
13,041.44
26,082.87
9,129.01
19,562.15
6,520.72
6,520.72
3,260.36
14,345,579.57
5,216,574.39
3,174,285.52
46,623,133.62
32,603,589.94
22,822,512.96
5,216,574.39
6,520,717.99
3,178
4,943
3,542
3,384
11,989
3,130
9,391
7,568
6,253
77
2,259
190,900
2,895
9,278
4,896
917
6,053
13,991
4,537
11,349
3,135
3,542
1,909
3,975
1,555
908
13,228
8,633
7,485
1,709
1,768
0.41%
0.64%
0.46%
0.44%
1.56%
0.41%
1.22%
0.98%
0.81%
0.01%
0.29%
24.80%
0.38%
1.21%
0.64%
0.12%
0.79%
1.82%
0.59%
1.47%
0.41%
0.46%
0.25%
0.52%
0.20%
0.12%
1.72%
1.12%
0.97%
0.22%
0.23%
82 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Local Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Indonesia Treasury Bond 11% 15/09/2025
Indonesia Treasury Bond 11% 15/11/2014
Indonesia Treasury Bond 11.75% 15/08/2023
Indonesia Treasury Bond 12% 15/09/2011
Indonesia Treasury Bond 12% 15/10/2010
Indonesia Treasury Bond 12.5% 15/03/2013
Indonesia Treasury Bond 9.5% 15/07/2023
Korea Monetary Stab Bond 0% 09/04/2009
Korea Monetary Stab Bond 5 14/02/2009
Korea Monetary Stab Bond 5.1% 3/11/2010
Korea Monetary Stab Bond 5.41% 25/03/2010
Korea Monetary Stab Bond 5.92% 28/11/2009
Korea Monetary Stabilization Bon 5.15% 12/02/2010
Korea Monetary Stabilization Bon 5.21% 25/05/2009
Korea Monetary Stabilization Bon 5.4% 14/05/2010
Korea MSB 6.24% 12/12/2009
Korea Treasury 4.75% 10/03/2012
Korea Treasury Bond 4.75% 17/09/2013
Korea Treasury Bond 5% 09/10/2016
Korea Treasury Bond 5% 10/3/2011
Korea Treasury Bond 5.25% 03/10/2013
Korea Treasury Bond 5.255% 10/09/2012
Korea Treasury Bond 5.5% 10/03/2028
Korea Treasury Bond 5.5% 10/06/2011
Korea Treasury Bond 5.75% 10/03/2026
Korea Treasury Bond 5.75% 10/09/2018
Korean Treasury Bd 5.5% 09/17
Kuala Lumpur Kep Klkmk 4% 05/10/2012
Malaysia Government Bond 3.461% 31/07/2013
Malaysia Government Bond 4.24% 07/02/2018
Malaysia Government Bond 4.72% 30/09/2015
Malaysia Government Bond 5.094% 30/04/2014
Malaysia Government Bond 5.248% 15/09/2028
Malaysian Government 5.734% 30/07/2019
Malaysian Gov’t MGS 3.814% 02/17
Morgan Sty 3.585% 23/10/2012
IDR
IDR
IDR
IDR
IDR
IDR
IDR
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
SGD
6,520,717.99
28,039,087.35
16,301,794.97
18,258,010.37
10,433,148.78
47,601,241.32
3,912,430.79
3,260,358.99
1,304,143.60
3,260,358.99
1,304,143.60
6,977,168.25
586,864.62
3,260,358.99
1,304,143.60
417,325.95
4,760,124.13
5,640,421.06
6,520,717.99
2,543,080.02
2,445,269.25
3,260,358.99
195,621.54
1,825,801.04
3,325,566.17
2,282,251.30
2,432,227.81
2,282.25
3,260.36
7,824.86
606.43
3,260.36
2,608.29
1,304.14
3,260.36
1,956.22
1,926
8,574
4,997
5,839
3,338
15,420
1,032
8,821
3,599
9,145
3,667
19,637
1,638
9,035
3,674
1,176
13,405
15,800
18,370
7,176
7,056
9,348
584
5,248
10,277
7,014
7,211
2,246
3,314
8,424
663
3,593
3,147
1,597
3,373
3,859
0.25%
1.11%
0.65%
0.76%
0.43%
2.00%
0.13%
1.15%
0.47%
1.19%
0.48%
2.55%
0.21%
1.17%
0.48%
0.15%
1.74%
2.05%
2.39%
0.93%
0.92%
1.21%
0.08%
0.68%
1.34%
0.91%
0.94%
0.29%
0.43%
1.09%
0.09%
0.47%
0.41%
0.21%
0.44%
0.50%
PRUlink Funds 83

Details of Investment
as at 31 December 2008
Asian Local Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Philippine Government 7.125% 02/11/2013
Philippine Government 8.5% 03/03/2011
Philippine Government Bond 8.75% 03/03/2013
Philippine Government Bond 9.125% 04/09/2016
Philippine Govt 5.75% 21/02/2012
Philippine Government 6.625%
Philippine Government 8.375% 22/05/2015
Philippine Govt 12% 22/07/2011
Philippine Govt 5.5% 21/02/2010
Putrajaya Holdings Bhd 5.6% 13/07/2018
Rantau Abang Capital Bhd 4.3900% 15/03/2011
Singapore Government 3.125% 01/09/2022
Singapore Government 3.2% 01/03/2027
Singapore Government Bond 1.6250% 01/04/2013
Singapore Government Bond 3.25% 01/09/2020
Singapore Government Bond 3.625% 07/01/2014
Singapore Government Bond 3.75% 01/09/2016
Singapore Gov’t 4% 09/01/2018
Taiwan Government Bond 1.75% 31/03/2016
Taiwan Government Bond 2% 20/07/2013
Taiwan Government Bond 2.125% 10/11/2026
Taiwan Government Bond 2.125% 24/09/2018
Taiwan Government Bond 2.375% 14/03/2018
Taiwan Government Bond 2.375% 16/01/2013
Taiwan Government Bond 2.625% 14/08/2028
Taiwan Govt Recons 1.875% 08/09/2016
Thailand Government 4.25% 13/03/2013
Thailand Government 5% 03/12/2014
Thailand Government Bond 5.25% 13/07/2013
Thailand Government Bond 5.375% 03/12/2019
Thailand Government Bond 5.5% 13/03/2023
Thailand Government Bond 5.85% 31/03/2021
Thailand Government Bond 6.15% 07/07/2026
Thailand Governmetn Bond 5.25% 05/12/2014
Thailand Govt 13/03/2018
Woori Bank Var 03/05/2016
YTL Power International Bhd 3% 18/04/2013
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
MYR
MYR
SGD
SGD
SGD
SGD
SGD
SGD
SGD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
THB
THB
THB
THB
THB
THB
THB
THB
THB
USD
MYR
58,686.46
65,207.18
45,645.03
52,166.47
49,557.46
32,929.63
49,557.46
6,194.68
13,358.69
3,260.36
2,608.29
2,934.32
3,260.36
3,782.02
2,608.29
4,108.05
4,564.50
3,912.43
156,497.23
32,603.59
192,361.18
26,082.87
32,603.59
16,953.87
32,603.59
24,778.73
37,168.09
19,562.15
25,919.85
26,082.87
19,562.15
45,645.03
32,603.59
13,041.44
45,645.03
1,956.22
1,956.22
4,355
4,905
3,534
4,181
3,566
2,386
3,841
500
967
3,434
2,654
7,718
8,902
9,206
6,960
10,981
12,472
11,028
16,789
3,576
21,245
2,940
3,672
1,876
3,883
2,681
4,004
2,230
2,915
3,205
2,449
5,842
4,435
1,495
5,501
5,225
1,794
532,332
0.57%
0.64%
0.46%
0.54%
0.46%
0.31%
0.50%
0.06%
0.13%
0.45%
0.34%
1.00%
1.16%
1.20%
0.90%
1.43%
1.62%
1.43%
2.18%
0.46%
2.76%
0.38%
0.48%
0.24%
0.50%
0.35%
0.52%
0.29%
0.38%
0.42%
0.32%
0.76%
0.58%
0.19%
0.71%
0.68%
0.23%
69.16%
84 PRUlink Funds

Details of Investment
as at 31 December 2008
Asian Local Bond Fund
Currency
Holding *
Value
(RM) *
% of Fund
Time Deposit
Rabo Ned N TD 05Nov08
SGD TD 060109
USD
SGD
3,892.87
2,608.76
13,469
6,283
19,753
1.75%
0.82%
2.57%
Cash and Cash Equivalent
Cash and Cash Equivalent
26,719
26,719
3.47%
3.47%
Value of Fund at Year End
769,704
100.00%
Note
The closing rates used in the translation of foreign currency to US Dollar and subsequently to RM are as follows:
Foreign Currency
Currency
USD
RM
1 Malaysian Ringgit
1 Singapore Dollar
1 US Dollar
100 Hong Kong Dollar
100 Philippine Peso
100 Taiwan Dollar
100 Thai Baht
10000 Indonesian Rupiah
10000 Korean Won
Note: Asian Local Bond Fund is managed by Prudential Asset Management (Singapore) Ltd.
* These are the prorated holdings of PRUlink asia local bond fund in Asian Local Bond Fund. The holdings represents 0.07% of the total value of Asian Local Bond Fund of RM1,180,398,081.
All holdings have been converted from their local currencies to US Dollar and subsequently to Ringgit Malaysia at the prevailing foreign exchange rates as at the closing business day.
MYR
SGD
USD
HKD
PHP
TWD
THB
IDR
KRW
3.4600
0.6941
1.0000
12.9028
2.1030
3.0471
2.8752
0.9174
7.9393
-
-
3.4600
-
-
-
-
-
-
PRUlink Funds 85

Details of Investment
as at 31 December 2008
PRUlink global market navigator fund
Investments
Quantity
Cost
(RM)
Market Value
(RM)
% of Fund
Investment in Global Market Navigator Fund
158,409
4,346,167
4,567,291
99.4%
Total Value of Investments
4,346,167
4,567,291
99.4%
Details of Investment
as at 31 December 2008
Global Market Navigator Fund
Currency
Holding *
Value
(RM) *
% of Fund
Exchange Traded Fund
Market Vectors Steel Index Fund
Futures
A5G9 ISE Future Index Feb 09
FTSE 100 Idx Fut Mar09 Index Future
G H9 Comdty Future Mar 09
MSCI Sing Ix Ets Jan09
Mutual Fund
iShare iBoxx Citigroup USD
iShares MSCI AC Far East ex-Japan
iShares S+P World ex-U.S. Property
Time Deposit
Rabo Ned N TD 05Nov08
TD Maturing 09.01.2009
USD
TRY
GBP
GBP
SGD
USD
GBP
USD
USD
USD
6,533.49
19.22
0.89
0.27
2.19
1,375.11
2,732.37
1,874.53
136,827.00
302,395.64
294,328
294,328
153,968
196,320
168,612
230,741
749,640
482,735
228,935
489,813
1,201,483
473,421
1,046,289
1,519,710
6.44%
6.44%
3.37%
4.30%
3.69%
5.05%
16.41%
10.57%
5.01%
10.72%
26.31%
10.37%
22.91%
33.27%
86 PRUlink Funds

Details of Investment
as at 31 December 2008
Global Market Navigator Fund
Currency
Holding *
Value
(RM) *
% of Fund
Treasury Bills
United States Treas Bill Disc 19/3/2009
USD
205,240.50
710,063
710,063
15.55%
15.55%
Cash And Cash Equivalent
Cash And Cash Equivalent
92,066
92,066
2.02%
2.02%
Value Of Fund At Year End
4,567,291
100.00%
Note
The closing rates used in the translation of foreign currency to US Dollar and subsequently to RM are as follows:
Foreign Currency
Currency
USD
RM
1 British Pound
1 Singapore Dollar
1 Turkish Lira
1 US Dollar
GBP
SGD
TRY
USD
1.4378
0.6941
0.6479
1.0000
-
-
-
3.4600
Note: Global Market Navigator Fund is sub-managed by Prudential Asset Management (HK) Ltd .
* These are the prorated holdings of PRUlink global market navigator fund in Global Market Navigator Fund.The holdings represents 6.8% of the total value of Global Market Navigator Fund
of RM66,760,077. All holdings have been converted from their local currencies to US Dollar and subsequently to Ringgit Malaysia at the prevailing foreign exchange rates as at the closing
business day.
PRUlink Funds 87

Statement of Assets and Liabilities
Statement of Assets and Liabilities
as at 31 December 2008
PRUlink equity fund
RM
2008 2007
%
RM
%
Investments
Equities
1,800,591,378
84.01
2,326,265,951
93.07
Cash and Deposits
Cash at bank
Deposits
11,257
368,330,000
0.00
17.18
56,221
175,140,000
0.00
7.01
Tax Assets
12,493,948
0.57
9,820,362
0.38
Other Assets
8,681,625
0.41
45,794,390
1.83
Total Assets
2,190,108,208
102.17
2,557,076,924
102.29
Provision for Deferred Tax
(26,040,670)
(1.21)
(25,398,568)
(1.02)
Investment Management Fees
(441,245)
(0.02)
-
-
Other Liabilities
(20,216,652)
(0.94)
(32,073,101)
(1.28)
Total Liabilities
(46,698,567)
(2.17)
(57,471,669)
(2.29)
Net Asset Value of the Fund
2,143,409,641
100.00
2,499,605,255
100.00
Policyholders’ Fund
Capital
2,064,243,953
96.31
1,567,795,622
62.72
Generated Income carried forward
79,165,688
3.69
931,809,633
37.28
2,143,409,641
100.00
2,499,605,255
100.00
Net Asset Value Per Unit (RM)
1.845
2.685
88 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink bond fund
RM
2008 2007
%
RM
%
Investments
Fixed Income Securities
572,784,705
87.56
411,013,000
83.15
Cash and Deposits
Cash at bank
Deposits
4,010
78,380,000
0.00
11.98
9,490
77,320,000
0.00
15.64
Other Assets
9,711,794
1.48
9,901,647
2.00
Total Assets
660,880,509
101.02
498,244,137
100.79
Provision for Taxation
(5,909,403)
(0.89)
(3,370,976)
(0.68)
Provision for Deferred Tax
(495,423)
(0.08)
(572,755)
(0.11)
Investment Management Fees
(8,913)
(0.00)
-
Other Liabilities
(296,699)
(0.05)
-
-
Total Liabilities
(6,710,438)
(1.02)
(3,943,731)
(0.79)
Net Asset Value of the Fund
654,170,071
100.00
494,300,406
100.00
Policyholders’ Fund
Capital
580,997,338
88.81
435,753,385
88.16
Generated Income carried forward
73,172,733
11.19
58,547,021
11.84
654,170,071
100.00
494,300,406
100.00
Net Asset Value Per Unit (RM)
2.169
2.118
PRUlink Funds 89

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink managed fund
RM
2008 2007
%
RM
%
Investments in -
PRUlink equity fund
466,306,864
64.66
592,765,859
75.82
PRUlink bond fund
254,844,429
35.34
189,046,811
24.18
Cash At Bank
1,215
0.00
1,206
0.00
Total Assets
721,152,508
100.00
781,813,876
100.00
Total Liabilities
-
-
-
-
Net Asset Value of the Fund
721,152,508
100.00
781,813,876
100.00
Policyholders’ Fund
Capital
657,730,741
91.21
528,214,453
67.56
Generated Income carried forward
63,421,767
8.79
253,599,423
32.44
721,152,508
100.00
781,813,876
100.00
Net Asset Value Per Unit (RM)
1.773
2.293
90 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink managed fund II
RM
2008 2007
%
RM
%
Investments in -
PRUlink equity fund
78,550,328
76.26
68,671,035
83.05
PRUlink bond fund
24,447,184
23.74
14,015,644
16.95
Total Assets
102,997,512
100.00
82,686,679
100.00
Total Liabilities
-
-
-
-
Net Asset Value of the Fund
102,997,512
100.00
82,686,679
100.00
Policyholders’ Fund
Capital
121,589,835
118.05
75,063,325
90.78
Generated Income carried forward
(18,592,323)
(18.05)
7,623,354
9.22
102,997,512
100.00
82,686,679
100.00
Net Asset Value Per Unit (RM)
1.032
1.383
PRUlink Funds 91

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink dana unggul
RM
2008 2007
%
RM
%
Investments
Equities
137,789,804
79.45
187,726,950
92.40
Cash and Deposits
Cash at bank
Deposits
3,539
35,160,000
0.00
20.28
1,063
14,610,000
0.00
7.19
Tax Assets
3,770,216
2.17
-
-
Other Assets
1,694,250
0.98
3,169,232
1.56
Total Assets
178,417,809
102.88
205,507,245
101
Provision for Taxation
(3,047,559)
(1.76)
(2,313,880)
(1.14)
Provision for Deferred Tax
(1,906,509)
(1.10)
-
-
Investment Management Fees
(35,471)
(0.02)
(24,966)
(0.01)
Total Liabilities
(4,989,539)
(2.88)
(2,338,846)
(1.15)
Net Asset Value of the Fund
173,428,270
100.00
203,168,399
100.00
Policyholders’ Fund
Capital
184,480,039
106.37
134,337,524
66.12
Generated Income carried forward
(11,051,769)
(6.37)
68,830,875
33.88
173,428,270
100.00
203,168,399
100.00
Net Asset Value Per Unit (RM)
1.443
2.245
92 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink dana aman
RM
2008 2007
%
RM
%
Investments
Fixed Income Securities
28,723,635
75.03
26,225,126
90.30
Cash and Deposits
Cash at bank
Deposits
6,245
9,550,000
0.01
24.95
9,281
2,780,000
0.03
9.57
Other Assets
404,959
1.06
285,840
0.99
Total Assets
38,684,839
101.05
29,300,247
100.89
Provision for Taxation
(360,591)
(0.94)
(220,066)
(0.76)
Provision for Deferred Tax
(37,802)
(0.10)
(37,503)
(0.13)
Investment Management Fees
(2,607)
(0.01)
(1,191)
(0.00)
Total Liabilities
(401,000)
(1.05)
(258,760)
(0.89)
Net Asset Value of the Fund
38,283,839
100.00
29,041,487
100.00
Policyholders’ Fund
Capital
33,999,289
88.81
25,485,882
87.76
Generated Income carried forward
4,284,550
11.19
3,555,605
12.24
38,283,839
100.00
29,041,487
100.00
Net Asset Value Per Unit (RM)
1.641
1.608
PRUlink Funds 93

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink dana urus
RM
2008 2007
%
RM
%
Investments in
PRUlink dana unggul
36,881,501
64.49
45,916,044
75.88
PRUlink dana aman
20,305,940
35.51
14,598,604
24.12
Cash and Deposits
336
0.00
547
0.00
Total Assets
57,187,777
100.00
60,515,195
100.00
Total Liabilities
-
-
-
-
Net Asset Value of the Fund
57,187,777
100.00
60,515,195
100.00
Policyholders’ Fund
Capital
56,725,268
99.19
42,673,060
70.52
Generated Income carried forward
462,509
0.81
17,842,135
29.48
57,187,777
100.00
60,515,195
100.00
Net Asset Value Per Unit (RM)
1.518
2.061
94 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink dana urus II
RM
2008 2007
%
RM
%
Investments in
PRUlink dana unggul
5,343,775
76.35
4,306,374
83.18
PRUlink dana aman
1,655,196
23.65
870,528
16.82
Cash and Deposits
210
0.00
-
-
Total Assets
6,999,181
100.00
5,176,902
100.00
Total Liabilities
-
-
-
-
Net Asset Value of the Fund
6,999,181
100.00
5,176,902
100.00
Policyholders’ Fund
Capital
8,441,824
120.61
4,706,833
90.92
Generated Income carried forward
(1,442,643)
(20.61)
470,069
9.08
6,999,181
100.00
5,176,902
100.00
Net Asset Value Per Unit (RM)
1.024
1.448
PRUlink Funds 95

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink golden equity fund
RM
2008 2007
%
RM
%
Investments in
PRUlink equity fund
36,516,269
99.98
35,936,475
99.98
Cash and Deposits
6,449
0.02
7,034
0.02
Total Assets
36,522,718
100.00
35,943,509
100.00
Provision for Taxation
(563)
(0.00)
(565)
(0.00)
Total Liabilities
(563)
(0.00)
(565)
(0.00)
Net Asset Value of the Fund
36,522,155
100.00
35,942,944
100.00
Policyholders’ Fund
Capital
49,447,025
135.39
34,825,636
96.89
Generated Income carried forward
(12,924,870)
(35.39)
1,117,308
3.11
36,522,155
100.00
35,942,944
100.00
Net Asset Value Per Unit (RM)
0.723
1.053
96 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink golden bond fund
RM
2008 2007
%
RM
%
Investments in
PRUlink bond fund
124,564,682
100.00
80,075,831
100.00
Cash and Deposits
2,271
0.00
2,854
0.00
Total Assets
124,566,953
100.00
80,078,685
100.00
Provision for Taxation
(229)
(0.00)
(230)
(0.00)
Total Liabilities
(229)
(0.00)
(230)
(0.00)
Net Asset Value of the Fund
124,566,724
100.00
80,078,455
100.00
Policyholders’ Fund
Capital
122,168,690
98.07
79,993,801
99.89
Generated Income carried forward
2,398,034
1.93
84,654
0.11
124,566,724
100.00
80,078,455
100.00
Net Asset Value Per Unit (RM)
1.021
1.002
PRUlink Funds 97

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink guaranteed account
RM
2008 2007
%
RM
%
Investments
Equities
-
-
508,010
2.98
Fixed Income Securities
Corporate/Debt Securities
1,012,927
1,012,927
6.28
1,028,448
1,028,448
6.03
Other Investments
NID 0% 01/03/2010
15,487,627
15,487,627
96.08
15,761,441
15,761,441
92.47
Cash and Deposits
Cash at bank
5,462
0.04
20,683
0.12
Other Assets
32,770
0.20
34,529
0.20
Total Assets
16,538,786
102.60
17,353,111
101.80
Provision for Taxation
(14,306)
(0.09)
(4,159)
(0.02)
Provision for Deferred Tax
(90,235)
(0.56)
(73,693)
(0.43)
Investment Management Fees
(314,336)
(1.95)
(229,670)
(1.35)
Total Liabilities
(418,877)
(2.60)
(307,522)
(1.80)
Net Asset Value of the Fund
16,119,909
100.00
17,045,589
100.00
Policyholders’ Fund
Capital
13,610,563
84.43
14,997,297
95.03
Generated Income carried forward
2,509,346
15.57
2,048,292
4.97
16,119,909
100.00
17,045,589
100.00
Net Asset Value Per Unit (RM)
1.157
1.126
98 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink asia managed fund
RM
2008 2007
%
RM
%
Investments in
Asian Equity Fund
115,462,204
71.85
154,179,092
71.31
Asian Bond Fund
45,198,397
28.14
59,871,722
27.69
Cash and Deposits
Cash at bank
Deposits
55,926
1,550,000
0.03
0.96
284,286
4,570,000
0.13
2.11
Other Assets
212,692
0.14
1,281,311
0.59
Total Assets
162,479,219
101.12
220,186,411
101.83
Provision for Taxation
(122,436)
(0.08)
(143,530)
(0.07)
Provision for Deferred Tax
(929,178)
(0.58)
(928,791)
(0.43)
Investment Management Fees
(41,304)
(0.03)
(8,807)
0.00
Other Liabilities
(692,000)
(0.43)
(2,903,487)
(1.34)
Total Liabilities
(1,784,918)
(1.12)
(3,984,615)
(1.84)
Net Asset Value of the Fund
160,694,301
100.00
216,201,796
99.99
Policyholders’ Fund
Capital
239,107,228
148.80
194,530,289
89.98
Generated Income carried forward
(78,412,927)
(48.80)
21,671,507
10.02
160,694,301
100.00
216,201,796
100.00
Net Asset Value Per Unit (RM)
0.778
1.312
PRUlink Funds 99

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink asia property securities fund
RM
2008
%
Investment in
Asian Property Securities Fund
Cash at bank
Other Assets
Total Assets
Provision for Taxation
Provision for Deferred Tax
Investment Management Fees
Other Liabilities
Total Liabilities
Net Asset Value of the Fund
Policyholders’ Fund
Capital
Generated Income carried forward
Net Asset Value Per Unit (RM)
8,923,235
4,020
38,182
8,965,437
(6,603)
7,162
(4,740)
(33,022)
(37,203)
8,928,234
15,082,271
(6,154,037)
8,928,234
0.547
99.93
0.05
0.43
100.41
(0.07)
0.08
(0.05)
(0.37)
(0.41)
100.00
168.93
(68.93)
100.00
100 PRUlink Funds

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink asia local bond fund
RM
2008
%
Investment in
Asian Local Bond Fund
Cash at bank
Other Assets
Amount due from Operating Fund
Total Assets
Provision for Taxation
Provision for Deferred Tax
Investment Management Fees
Other Liabilities
Total Liabilities
Net Asset Value of the Fund
Policyholders’ Fund
Capital
Generated Income carried forward
Net Asset Value Per Unit (RM)
769,704
61,534
103,235
103,235
934,473
(25)
(1,209)
(150)
(54,653)
(56,037)
878,436
851,356
27,080
878,436
1.152
87.61
7.00
11.75
106.36
(0.00)
(0.14)
(0.02)
(6.20)
(6.36)
100.00
96.92
3.08
100.00
PRUlink Funds 101

Statement of Assets and Liabilities
as at 31 December 2008
PRUlink global market navigator fund
RM
2008
%
Investment in
Global Market Navigator Fund
Cash at bank
Tax Assets
Other Assets
Total Assets
Provision for Deferred Tax
Investment Management Fees
Other Liabilities
Total Liabilities
Net Asset Value of the Fund
Policyholders’ Fund
Capital
Generated Income carried forward
Net Asset Value Per Unit (RM)
4,567,291
33,999
2,129
42,411
4,645,830
(12,276)
(1,294)
(35,174)
(48,744)
4,597,086
4,396,326
200,760
4,597,086
1.065
99.35
0.74
0.05
0.92
101.07
(0.27)
(0.03)
(0.77)
(1.07)
100.00
95.63
4.37
100.00
102 PRUlink Funds

Statement of Changes in Net Asset Value
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink equity fund
2008
RM
2007
RM
Net Asset Value at beginning of year
2,499,605,255
1,679,978,001
Amounts received from units created
1,009,055,589
846,308,768
Amounts paid for units cancelled
(512,607,258)
(513,123,353)
Net (Outgo)/Income
(852,643,945)
486,441,839
Value of fund at end of year
2,143,409,641
2,499,605,255
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink bond fund
2008
RM
2007
RM
Net Asset Value at beginning of year
494,300,406
285,503,729
Amounts received from units created
274,105,758
312,729,228
Amounts paid for units cancelled
(128,861,805)
(119,303,848)
Excess of Income over Outgo
14,625,712
15,371,297
Value of fund at end of year
654,170,071
494,300,406
PRUlink Funds 103

Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink managed fund
2008
RM
2007
RM
Net Asset Value at beginning of year
781,813,876
566,823,443
Amounts received from units created
261,883,342
214,823,873
Amounts paid for units cancelled
(132,367,054)
(122,332,806)
Excess of (Outgo) over Income
(190,177,656)
122,499,366
Value of fund at end of year
721,152,508
781,813,876
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink managed fund II
2008
RM
2007
RM
Net Asset Value at beginning of year
82,686,679
13,325,295
Amounts received from units created
81,274,930
81,498,300
Amounts paid for units cancelled
(34,748,420)
(19,215,409)
Excess of (Outgo) over Income
(26,215,677)
7,078,493
Value of fund at end of year
102,997,512
82,686,679
104 PRUlink Funds

Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink dana unggul
Net Asset Value at beginning of year
Amounts received from units created
Amounts paid for units cancelled
Net (Outgo)/Income
Value of fund at end of year
2008
RM
203,168,399
103,528,375
(53,385,860)
(79,882,644)
173,428,270
2007
RM
118,610,251
94,140,613
(52,870,905)
43,288,440
203,168,399
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink dana aman
Net Asset Value at beginning of year
Amounts received from units created
Amounts paid for units cancelled
Excess of Income over Outgo
Value of fund at end of year
2008
RM
29,041,487
16,861,321
(8,347,914)
728,945
38,283,839
2007
RM
20,417,055
17,394,859
(9,810,328)
1,039,901
29,041,487
PRUlink Funds 105

Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink dana urus
Net Asset Value at beginning of year
Amounts received from units created
Amounts paid for units cancelled
Excess of (Outgo) over Income
Value of fund at end of year
2008
RM
60,515,195
27,565,451
(13,513,243)
(17,379,626)
57,187,777
2007
RM
38,958,587
25,034,627
(13,908,590)
10,430,571
60,515,195
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink dana urus II
Net Asset Value at beginning of year
Amounts received from units created
Amounts paid for units cancelled
Excess of (Outgo) over Income
Value of fund at end of year
2008
RM
5,176,902
7,049,560
(3,314,569)
(1,912,712)
6,999,181
2007
RM
533,679
6,597,201
(2,395,916)
441,938
5,176,902
106 PRUlink Funds

Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink golden equity fund
Net Asset Value at beginning of year
Amounts received from units created
Amounts paid for units cancelled
Excess of (Outgo) over Income
Value of fund at end of year
2008
RM
35,942,944
40,400,803
(25,779,414)
(14,042,178)
36,522,155
2007
RM
-
61,812,153
(26,986,517)
1,117,308
35,942,944
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink golden bond fund
Net Asset Value at beginning of year
Amounts received from units created
Amounts paid for units cancelled
Excess of Income over Outgo
Value of fund at end of year
2008
RM
80,078,455
50,582,239
(8,407,350)
2,313,380
124,566,724
2007
RM
-
79,993,801
-
84,654
80,078,455
PRUlink Funds 107

Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink guaranteed account
Net asset value at beginning of year
Amount received from units created
Amount paid for unit cancelled
Excess of Income over Outgo
Value of fund at end of the year
2008
RM
17,045,589
-
(1,386,734)
461,054
16,119,909
2007
RM
17,618,115
-
(1,419,663)
847,137
17,045,589
Statement of Changes in Net Asset Value
for the financial year ended 31 December 2008
PRUlink asia managed fund
Net asset value at beginning of the year
Amounts received from units created
Amounts paid for units cancelled
Excess of (Outgo) over Income
Value of fund at end of year
2008
RM
216,201,796
53,583,788
(9,006,849)
(100,084,434)
160,694,301
2007
RM
52,166,017
151,304,020
(4,614,499)
17,346,258
216,201,796
108 PRUlink Funds

Statement of Changes in Net Asset Value
for 11 months period ended 31 December 2008
PRUlink asia property securities fund
2008
RM
Net Asset Value at beginning of the period
Amounts received from units created
Amounts paid for units cancelled
Excess of (Outgo) over Income
Value of fund at end of the period
-
16,414,035
(1,331,764)
(6,154,037)
8,928,234
Statement of Changes in Net Asset Value
for 4 months period ended 31 December 2008
PRUlink asia local bond fund
2008
RM
Net Asset Value at beginning of the period
Amounts received from units created
Amounts paid for units cancelled
Excess of Income over Outgo
Value of fund at end of the period
-
983,115
(131,759)
27,080
878,436
PRUlink Funds 109

Statement of Changes in Net Asset Value
for 4 months period ended 31 December 2008
PRUlink global market navigator fund
2008
RM
Net Asset Value at beginning of the period
Amounts received from units created
Amounts paid for units cancelled
Excess of Income over Outgo
Value of fund at end of the period
-
6,917,200
(2,520,874)
200,760
4,597,086
110 PRUlink Funds

Statement of Income and Expenditure
Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink equity fund
Net Investment Income
Interest income
Dividend income
Profits on Disposal
Securities
Unrealised Capital Gain
Other Income
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Provision for taxation
Other Outgo
Total Outgo
Net (Outgo)/Income
Generated Income brought forward
Generated Income carried forward
2008
RM
103,407,355
12,326,459
91,080,896
85,726,602
85,726,602
-
305,558
189,439,515
(34,137,604)
(61,618,807)
(61,618,807)
(929,381,394)
(16,902,218)
(43,437)
(1,042,083,460)
(852,643,945)
931,809,633
79,165,688
2007
RM
93,305,705
6,005,420
87,300,285
178,684,977
178,684,977
284,324,528
PRUlink Funds 111
-
556,315,210
(31,777,110)
(6,659,337)
(6,659,337)
-
(31,416,815)
(20,109)
(69,873,371)
486,441,839
445,367,794
931,809,633

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink bond fund
Net Investment Income
Interest income
Profits on Disposal
Securities
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Provision for taxation
Other Outgo
Total Outgo
Excess of Income over Outgo
Generated Income brought forward
Generated Income carried forward
2008
RM
29,415,189
29,415,189
225,000
225,000
29,640,189
(2,890,046)
(99,708)
(99,708)
(9,613,695)
(2,264,635)
(146,393)
(15,014,477)
14,625,712
58,547,021
73,172,733
2007
RM
18,850,657
18,850,657
2,007,665
2,007,665
20,858,322
(1,908,966)
-
(2,137,136)
(1,434,436)
(6,487)
(5,487,025)
15,371,297
43,175,724
58,547,021
112 PRUlink Funds

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink managed fund
Net Investment Income
Fee Rebate
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Total Outgo
Excess of (Outgo) over Income
Generated Income brought forward
Generated Income carried forward
2008
RM
8,943,124
8,943,124
16,497,385
16,497,385
-
25,440,509
(11,097,698)
(1,281,730)
(1,281,730)
(203,238,737)
(215,618,165)
(190,177,656)
253,599,423
63,421,767
2007
RM
8,557,562
8,557,562
36,957,890
36,957,890
87,303,058
132,818,510
(10,319,144)
-
-
-
(10,319,144)
122,499,366
131,100,057
253,599,423
PRUlink Funds 113

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink managed fund II
Net Investment Income
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Total Outgo
Excess of (Outgo) over Income
Generated Income brought forward
Generated Income carried forward
2008
RM
1,185,622
403,351
403,351
-
1,588,973
(1,180,964)
(2,871,971)
(2,871,971)
(23,751,715)
(27,804,650)
(26,215,677)
7,623,354
(18,592,323)
2007
RM
647,925
1,198,869
1,198,869
5,871,748
7,718,542
(640,049)
-
-
-
(640,049)
7,078,493
544,861
7,623,354
114 PRUlink Funds

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink dana unggul
Net Investment Income
Interest income
Dividend income
Profits on Disposal
Securities
Unrealised Capital Gain
Provision for taxation
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Provision for taxation
Other Outgo
Total Outgo
Net (Outgo)/Income
Generated Income brought forward
Generated Income carried forward
2008
RM
8,874,043
1,209,765
7,664,278
20,736,912
20,736,912
-
1,968,847
31,579,802
(2,711,039)
(37,803,982)
(37,803,982)
(68,765,872)
-
(2,181,553)
(111,462,446)
(79,882,644)
68,830,875
(11,051,769)
2007
RM
6,532,368
482,182
6,050,186
19,066,540
19,066,540
22,952,914
PRUlink Funds 115
-
48,551,822
(2,466,096)
-
-
-
(2,774,840)
(22,446)
(5,263,382)
43,288,440
25,542,435
68,830,875

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink dana aman
Net Investment Income
Interest income
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Unrealised Capital Loss
Provision for taxation
Other Outgo
Total Outgo
Excess of Income over Outgo
Generated Income brought forward
Generated Income carried forward
2008
RM
1,698,613
1,698,613
42
42
10,945
1,709,600
(166,137)
(657,173)
(138,035)
(19,310)
(980,655)
728,945
3,555,605
4,284,550
2007
RM
1,281,137
1,281,137
8,405
8,405
-
1,289,542
(129,915)
(24,975)
(90,145)
(4,606)
(249,641)
1,039,901
2,515,704
3,555,605
116 PRUlink Funds

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink dana urus
Net Investment Income
Fee Rebate
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Total Outgo
Net (Outgo)/ Income
Generated Income brought forward
Generated Income carried forward
2008
RM
684,728
684,728
977,576
977,576
-
1,662,304
(855,591)
(458,374)
(458,374)
(17,727,965)
(19,041,930)
(17,379,626)
17,842,135
462,509
2007
RM
630,624
630,624
3,491,609
3,491,609
7,070,945
11,193,178
(762,607)
-
-
-
(762,607)
10,430,571
7,411,564
17,842,135
PRUlink Funds 117

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink dana urus II
Net Investment Income
Fee Rebate
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Total Outgo
Excess of (Outgo) over Income
Generated Income brought forward
Generated Income carried forward
2008
RM
74,220
74,220
29,070
29,070
-
103,290
(74,170)
(372,690)
(372,690)
(1,569,142)
(2,016,002)
(1,912,712)
470,069
(1,442,643)
2007
RM
38,004
38,004
120,104
120,104
321,143
479,251
(37,313)
-
-
-
(37,313)
441,938
28,131
470,069
118 PRUlink Funds

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink golden equity fund
Net Investment Income
Interest income
Fee Rebate
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Loss on Disposal
Securities
Unrealised Capital Loss
Provision for taxation
Other Outgo
Total Outgo
Excess of (Outgo) over Income
Generated Income brought forward
Generated Income carried forward
2008
RM
566,166
-
566,166
58,070
58,070
-
624,236
(561,467)
(1,497,041)
(1,497,041)
(12,607,324)
-
(582)
(14,666,414)
(14,042,178)
1,117,308
(12,924,870)
2007
RM
43,535
7,060
36,475
163,348
163,348
948,218
1,155,101
(37,202)
-
-
-
(565)
(26)
(37,793)
1,117,308
-
1,117,308
PRUlink Funds 119

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink golden bond fund
Net Investment Income
Interest income
Fee Rebate
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Loss on Disposal
Securities
Provision for taxation
Other Outgo
Total Outgo
Excess of Income over Outgo
Generated Income brought forward
Generated Income carried forward
2008
RM
542,428
-
542,428
10,926
10,926
2,811,740
3,365,094
(1,049,237)
(1,894)
(1,894)
-
(583)
(1,051,714)
2,313,380
84,654
2,398,034
2007
RM
23,018
2,875
20,143
-
-
101,954
124,972
(40,068)
-
-
(230)
(20)
(40,318)
84,654
-
84,654
120 PRUlink Funds

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink guaranteed account
Net Investment Income
Interest income
Dividend income
Profits on Disposal
Securities
Unrealised Capital Gain
Other Income
Total Income
Investment Management Fees
Loss on Disposal
Securities
Provision for taxation
Other Outgo
Total Outgo
Excess of Income over Outgo
Generated Income brought forward
Generated Income carried forward
2008
RM
96,473
66,994
29,479
161,537
161,537
465,072
6,528
729,610
(84,891)
(148,292)
(148,292)
(28,017)
(7,356)
(268,556)
461,054
2,048,292
2,509,346
2007
RM
102,477
71,182
31,295
202,493
202,493
615,343
44,674
964,987
(88,788)
-
-
(23,550)
(5,512)
(117,850)
847,137
1,201,155
2,048,292
PRUlink Funds 121

Statement of Income and Expenditure
for the financial year ended 31 December 2008
PRUlink asia managed fund
Net Investment Income
Interest income
Others
Profits on Disposal
Securities
Unrealised Capital Gain
Total Income
Investment Management Fees
Provision for taxation
Profits on Disposal
Securities
Unrealised Capital Gain
Other Outgo
Total Outgo
Excess of (Outgo) over Income
Generated Income brought forward
Generated Income carried forward
2008
RM
(267,043)
39,879
(306,922)
1,367,697
1,367,697
-
1,100,654
(2,727,608)
(20,708)
(4,159,175)
(4,159,175)
(94,050,322)
(227,275)
(101,185,088)
(100,084,434)
21,671,507
(78,412,927)
2007
RM
(228,445)
107,080
(335,525)
2,041,867
2,041,867
18,350,179
20,163,601
(1,901,597)
(878,253)
-
-
-
(37,493)
(2,817,343)
17,346,258
4,325,249
21,671,507
122 PRUlink Funds

Statement of Income and Expenditure
for 11 months period ended 31 December 2008
PRUlink asia property securities fund
2008
RM
Net Investment Income
Interest income
Dividend income
Total Income
Investment Management Fees
Unrealised Capital Loss
Provision for Taxation
Other Outgo
Total Outgo
Excess of (Outgo) over Income
Generated Income brought forward
Generated Income carried forward
(32,401)
7,239
(39,640)
(32,401)
(120,356)
(5,991,716)
559
(10,123)
(6,121,636)
(6,154,037)
-
(6,154,037)
PRUlink Funds 123

Statement of Income and Expenditure
for 4 months period ended 31 December 2008
PRUlink asia local bond fund
2008
RM
Net Investment Income
Interest income
Others
Unrealised Capital Gain
Total Income
Investment Management Fees
Provision for Taxation
Other Outgo
Bank charges
Total Outgo
Excess of Income over Outgo
Generated Income brought forward
Generated Income carried forward
336
767
(431)
30,186
30,522
(1,360)
(1,234)
(848)
(848)
(3,442)
27,080
-
27,080
124 PRUlink Funds

Statement of Income and Expenditure
for 4 months period ended 31 December 2008
PRUlink global market navigator fund
2008
RM
Net Investment Income
Interest income
Others
Unrealised Capital Gain
Total Income
Investment Management Fees
Provision for Taxation
Other Outgo
Total Outgo
Excess of Income over Outgo
Generated Income brought forward
Generated Income carried forward
2,760
6,295
(3,535)
221,235
223,995
(11,670)
(10,147)
(1,418)
(23,235)
200,760
-
200,760
PRUlink Funds 125

Notes to the Financial Statements
1. Summary of Significant Accounting Policies
a. Basis of Accounting
The financial statements have been prepared in accordance with JPI/GPI 33 – The
Guidelines on Investment-Linked business, modified by the following for the purposes
of unit pricing:
i. valuation of 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 of deferred tax on unrealised gains using an actuarially calculated rate
of 4% instead of the statutory rate of 8%.
The Board of Directors are of the opinion that since these gains will only be
realised in the future, the lower tax rate of 4% has been used to ensure equitable
unit pricing for incoming, outgoing and remaining unit-holders.
iii. deferred tax assets arising from the temporary differences on unrealized losses on
investments are not adjusted.
b. Investments
Quoted investments are valued at the closing market prices at the end of financial
year.
Unquoted loan stocks/bonds are valued at the prevailing prices quoted by financial
institutions.
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 the 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.
g. Fee Rebate
This relates to a rebate of fees from the Fund Manager in respect of investment held
in PRUlink equity fund and PRUlink bond fund for the PRUlink managed fund/PRUlink
managed fund II/ PRUlink golden equity fund/ PRUlink golden bond fund and in PRUlink
dana unggul and PRUlink dana aman for the PRUlink dana urus/PRUlink dana urus II
h. Cash and Cash Equivalent
Cash and cash equivalents consist of cash on hand and balances with banks,
excluding fixed and call deposits.
2. Other Outgo comprises bank charges and custodian charges
3. At 31 December 2008, the Funds had no contingent liabilities or
commitments.
4. All amounts are stated in Ringgit Malaysia.
126 PRUlink Funds

Statement by Directors
In the opinion of the Directors, the PRUlink Funds (“Funds”) financial statements as set out
on pages 88 to 126, comprising the Statements of Assets and Liabilities as at 31 December
2008 and the related Statements of Income and Expenditure and Statements of Changes
in Net Asset Value for the financial year ended 31 December 2008 together with the notes
thereto, have been drawn up in accordance with guidelines issued by Bank Negara Malaysia
and JPI/GPI 33 – The Guidelines on Investment-Linked Business and give a true and fair
view of the financial position of the Funds as at 31 December 2008 and their financial
performance and changes in net assets attributable to the unitholders of the Funds for the
year ended on that date.
Signed on behalf of the Board:
_________________________________
Allen Ho Yick
_________________________________
Abdul Khalil bin Abdul Hamid
Kuala Lumpur
30 April 2009
PRUlink Funds 127

Report of the Auditors to the Unitholders of PRUlink Funds
(Company No. 107655-U)
(Incorporated in Malaysia)
Report on the Financial Statements
We have audited the financial statements of the PRUlink Funds of Prudential Assurance
Malaysia Berhad, which comprise the Statements of Assets and Liabilities as at 31 December
2008 and the related Statements of Income and Expenditure, Statements of Changes in Net
Asset Value for the year then ended, a summary of significant accounting policies and other
explanatory notes, as set out on pages 88 to 126.
Directors’ Responsibility for the Financial Statements
The Directors of the Manager are responsible for the preparation and fair presentation of
these financial statements in accordance with JPI/GPI 33 – The Guidelines on Investment-
Linked Business. This responsibility includes: designing, implementing and maintaining
internal control relevant to the preparation and fair presentation of financial statements that
are free from material misstatement, whether due to fraud or error; selecting and applying
appropriate accounting policies; and making accounting estimates that are reasonable in
the circumstances.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit.
We conducted our audit in accordance with approved standards on auditing in Malaysia.
Those standards require that we comply with ethical requirements and plan and perform the
audit to obtain reasonable assurance whether the financial statements are free from material
misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and
disclosures in the financial statements. The procedures selected depend on our judgment,
including the assessment of risks of material misstatement of the financial statements,
whether due to fraud or error. In making those risk assessments, we consider internal control
relevant to the Manager’s preparation and fair presentation of the financial statements in
order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the Manager’s internal control.
An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by the Directors of the Manager, as well as
evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our audit opinion.
Opinion
In our opinion, the financial statements have been properly drawn up in accordance with
the accounting policies set out in Note 1 to the financial statements and JPI/GPI 33 – The
Guidelines on Investment-Linked Business so as to give a true and fair view of the financial
position of the Funds as at 31 December 2008 and of their financial performance and
changes in net assets attributable to the unitholders of the Funds for the year then ended.
Emphasis of Matter
Without qualifying our opinion, we wish to draw your attention to the following matters
arising from our audit as at 31 December 2008:
(a)
Lower tax rate used in the provision for deferred tax liabilities and assets
As explained in Note 1a (ii), the Directors of the Manager are of the opinion that
it is fairer to unitholders to use a lower tax rate than the statutory tax rate in the
pricing of units.
128 PRUlink Funds

(b)
Recognition of deferred tax assets
Other than mentioned in (a) above, deferred tax assets arising from the temporary
differences on unrealised losses on investments in certain funds were not adjusted
as at 31 December 2008. However, this non-adjustment has an insignificant impact
on deferred tax liabilities and deferred tax assets.
The potential effect of the above matters is not significant to the pricing of units in the
respective Funds.
Other Matters
This report is made solely to the unitholders of the Funds, as a body, and for no other purpose.
We do not assume responsibility to any other person for the content of this report.
KPMG
Firm Number: AF 0758
Chartered Accountants
Petaling Jaya
30 April 2009
PRUlink Funds 129

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information.

Perutusan Pengerusi
Pemegang Polisi PRUlink yang dihargai,
Dengan sukacitanya, saya mengalu-alukan anda ke Laporan Dana PRUlink bagi tahun
berakhir 31 Disember 2008.
Prudential plc, syarikat induk kami yang bertapak di UK, telah mengumumkan prestasi
kewangan yang unggul bagi tahun 2008 baru-baru ini. Walaupun pasaran kewangan meruap
dan tidak menentu, Prudential masih terus menghasilkan keputusan yang cemerlang melalui
operasinya di UK, Amerika Syarikat dan Asia, dan mengekalkan kedudukan kewangan yang
kukuh, justeru menjadikannya salah satu syarikat insurans terulung di dunia.
Prudential di Malaysia juga tidak kurang hebatnya. Saya berbangga 2008 merupakan satu
tahun yang paling baik bagi kami setakat ini. Kami bukan saja berjaya mengharungi salah satu
cabaran kewangan yang sukar, malah kami juga mencapai prestasi yang gemilang dengan
jualan perniangaan baru dan bahagian pasaran kami terus berkembang. Kedudukan kapital
kami juga kekal dalam keadaan sihat, ia berada jauh di atas paras minimum yang ditetapkan
oleh Bank Negara Malaysia (BNM), bersyukur kepada pendekatan kami yang berunsurkan
risiko dalam pengurusan perniagaan kami.
Prestasi kukuh ini tidak akan terjadi tanpa ANDA – pelanggan kami yang begitu setia dan
menyokong segala usaha kami di tahun-tahun yang berlalu. Kepercayaan dan keyakinan
kamu yang sepenuhnya telah menjayakan kami sebagai pemimpin di industri ini.
Saya juga ingin mengambil peluang ini untuk mengucapkan terima kasih kepada rakan
sekerja dan pasukan agensi Prudential atas usaha dan dedikasi mereka untuk mencapai
visi kami sebagai syarikat insurans yang paling dipercayai dan paling digemari di Malaysia,
dan sentiasa mengekalkan tahap kejujuran tertinggi semasa menjalankan urus niaga
bersamamu.
Gambaran Keseluruhan Prestasi Dana PRUlink bagi tahun 2008
Di Prudential, falsafah pelaburan kami adalah untuk mewujudkan nilai bagi para pemegang
polisi kami dalam jangka masa panjang dengan menyediakan pulangan yang konsisten.
Walau bagaimanapun, keadaan ekonomi global yang kurang baik telah memberi kesan
terhadap pulangan dana-dana kami di 2008. Tetapi, saya dengan sukacitanya melaporkan
bahawa pendekatan kami yang cermat dalam menguruskan portfolio pelaburan pelanggan
kami, telah membantu kami menangani impak penurunan pasaran kewangan. Hasilnya,
kebanyakan dana kami mengatasi prestasi pulangan penanda aras, dengan PRUlink bond
fund, PRUlink dana aman, PRUlink golden bond fund, PRUlink asia local bond fund dan PRUlink
global market navigator fund mencatatkan pulangan positif bagi tahun yang di bawah
semakan.
Setakat 31 Disember 2008, Nilai Aset Bersih seunit bagi PRUlink
bond fund meningkat ke RM2.1693 dari RM2.1176 pada
hujung tahun 2007, mencatatkan pulangan 2.44%. PRUlink
dana aman pula meningkat 2.08% bagi tahun itu kepada
RM1.6410. Pulangan yang terpuji ini telah dicapai dalam
tahun di bawah suasana kemelutan kewangan dunia dan
ketidaktentuan di pasaran kredit global. Keputusan kami
untuk memilih terbitan-terbitan berkualiti dengan berhati-hati
juga memastikan kami mencapai pulangan yang baik tanpa
sebarang kemungkiran.
Satu lagi dana yang wajar disebut ialah PRUlink golden bond
fund. Dilancarkan pada penghujung tahun 2007, dana ini
membenarkan pemegang polisi pelan persaraan
kami mengembangkan simpanan mereka
bagi menampung keperluan mereka selepas
bersara. Ia telah meningkat 1.94% dan
mencatatkan Nilai Aset Bersih RM1.0211
seunit.
PRUlink Funds 131

PRUlink asia local bond fund dan PRUlink global market navigator fund yang dilancarkan pada
bulan September 2008 telah mencatatkan pulangan 3.25% dan 5.52% masing-masing.
Untuk butir-butir terperinci bagi kesemua dana PRUlink kami dan prestasi masing-masing,
anda boleh merujuk kepada halaman 136 hingga 138 laporan ini.
Imbas Kembali Tahun 2008 dan Tinjauan Masa Depan
Tahun 2008 tidak syak lagi satu tahun yang berjaya bagi kami. Bukan saja kami berjaya
menutup tirai dengan pencapaian yang mengagumkan, kami juga melangkah ke depan dari
segi inovasi produk. Pelancaran PRUretirement accumulator, iaitu produk pertama di pasaran
yang menawarkan perlindungan kapital dan pendapatan bulanan terjamin kepada pelanggan
kami semasa persaraan, telah mendapat sambutan yang amat memberangsangkan.
Kesimpulan dan wawasan yang dicungkil melalui kaji selidik persaraan tahunan, Prudential
Retire-Meter 2008 dan kempen persaraan integrasi kami yang berikutannya – “What’s
Your Number?” turut menyumbang kepada kejayaan produk ini, di mana ia telah
mempertingkatkan kesedaran rakyat Malaysia mengenai isu persaraan dan menggalakkan
mereka mengambil tindakan yang proaktif demi melindungi masa persaraan mereka.
Satu lagi produk yang wajar disebut ialah produk ‘blue ocean’ kami, iaitu PRUmultiple crisis
cover. Pelan perlindungan krisis yang revolusi ini memberi pampasan sehingga tiga kali,
termasuk perlindungan bagi dua jenis penyakit kanser. Pelancaran produk seperti ini adalah
tepat pada masanya, memandangkan kos perubatan kian melambung tinggi dan kadar
pesakit yang terselamat daripada penyakit kritikal semakin bertambah, terutamanya apabila
penyakit itu dikesan dan dirawat pada tahap awal.
Sebagai sebuah syarikat insurans yang paling inovatif di dalam negara, Prudential selalu
berada di barisan depan untuk mempromosikan penggunaan teknologi. PRUway, satu sistem
tompok jualan yang inovatif dan merupakan ciptaan terulung di Malaysia, telah dilancarkan
pada Julai tahun lepas. Ia bukan saja meningkatkan produktiviti ejen, tetapi lebih penting
lagi, memberi kemudahan kepada pelanggan kami melalui keupayaan e-submissionnya.
Sejak dilancarkan, PRUway telah berjaya mempertingkatkan lagi tahap perkhidmatan ejen
dan Perancang Kewangan Prudential. Pelancaran PRUway juga telah menolong membuka
jalan ke arah transformasi pasukan agensi kami menjadi pusat penyelesaian sehenti untuk
semua keperluan kewangan anda. Rancangan telah dibuat untuk melengkapi mereka
dengan lebih banyak teknologi yang inovatif; ini adalah sebahagian daripada inisiatif kami
yang berterusan untuk memberikan anda perkhidmatan yang terbaik.
Akhir kata, saya ingin mengucapkan terima kasih kepada anda sekali lagi kerana
mendapatkan perlindungan insurans daripada syarikat kami dan memberi peluang kepada
kami untuk membantu anda merancang masa depan anda. Anda boleh yakin bahawa anda
telah membuat pilihan yang tepat, seperti lebih 21 juta pelanggan di seluruh dunia yang
telah mempercayai Prudential dalam membantu mereka merancang untuk hari ini, dan juga
esok.
Semoga anda akan mengecapi kejayaan, kesihatan dan kemakmuran sepanjang tahun ini.
Yang benar,
Sementara kami bersiap-sedia untuk menghadapi cabaran di hadapan, kami tetap bertekad
untuk mempertingkatkan agenda inovasi produk kami yang dipimpin oleh strategi persaraan
dan kesihatan. Kami akan terus berusaha untuk memperkenalkan lebih banyak produk
dan penyelesaian kewangan yang relevan bagi memenuhi keperluan pelanggan kami di
peringkat kehidupan mereka yang berlainan.
Tony Wilkey
Pengerusi
Prudential Assurance Malaysia Berhad
132 PRUlink Funds

Objektif Dana
PRUlink equity fund bermatlamat untuk memaksimumkan pulangan dalam jangka sederhana
hingga panjang dengan melabur dalam saham-saham berkualiti tinggi yang tersenarai di
Bursa Saham Kuala Lumpur.
PRUlink bond fund (dahulunya dikenali sebagai PRUlink fixed interest fund) bermatlamat
untuk menyediakan pengumpulan modal dalam jangka sederhana hingga panjang dengan
melabur dalam sekuriti faedah tetap terpilih, bon korporat dan deposit tetap yang terpilih.
PRUlink managed fund / PRUlink managed fund II bermatlamat untuk memaksimumkan
pulangan dalam jangka sederhana hingga panjang dengan melabur dalam saham dan
sekuriti faedah tetap melalui PRUlink equity fund dan PRUlink bond fund dan dalam manamana
dana PRUlink lain yang mungkin disediakan pada masa depan.
PRUlink dana unggul (dahulunya dikenali sebagai PRUlink dana ra’sul mal) bermatlamat untuk
memaksimumkan pulangan dalam jangka sederhana hingga panjang dengan melabur dalam
saham mematuhi prinsip Syariah yang berkualiti tinggi yang tersenarai di Bursa Saham Kuala
Lumpur.
PRUlink dana aman (dahulunya dikenali sebagai PRUlink dana sanad) bermatlamat untuk
menyediakan pengumpulan modal dalam jangka sederhana hingga panjang dengan
melabur dalam sekuriti hutang Islam terpilih.
PRUlink dana urus (dahulunya dikenali sebagai PRUlink dana idarah) / PRUlink dana urus
II adalah dana yang diuruskan secara aktif yang bermatlamat untuk memaksimumkan
pulangan dalam jangka sederhana hingga panjang. Matlamat ini dicapai dengan melabur
dalam saham yang mematuhi prinsip Syariah dan sekuriti hutang Islam melalui PRUlink dana
unggul dan PRUlink dana aman dan dalam mana-mana dana PRUlink lain yang mungkin
disediakan pada masa depan.
PRUlink golden equity fund bermatlamat untuk memaksimumkan pulangan dalam jangka
sederhana hingga panjang dengan mengambil kira keperluan untuk memenuhi pembayaran
terjamin. Matlamat ini dicapai dengan melabur dalam saham-saham berkualiti tinggi yang
tersenarai di Bursa Malaysia, dan mana-mana instrumen kewangan lain yang akan digunakan
untuk melindungi nilai portfolio ini.
PRUlink golden bond fund bermatlamat untuk menyediakan pengumpulan modal dalam
jangka sederhana hingga panjang dengan mengambil kira keperluan untuk memenuhi
pembayaran terjamin. Matlamat ini dicapai dengan melabur dalam sekuriti faedah tetap
terpilih, bon korporat dan deposit tetap, dan mana-mana instrumen kewangan lain yang
akan digunakan untuk melindungi nilai portfolio ini.
PRUlink guaranteed account bermatlamat untuk menyediakan pengumpulan modal dalam
tempoh 5 tahun dengan melaburkan dana-dananya dalam bon terpilih dan / atau instrumen
pendapatan tetap lain dan pasaran ekuiti.
PRUlink asia managed fund bermatlamat untuk memaksimumkan pulangan dalam jangka
sederhana hingga panjang melalui peruntukan aset yang aktif di kalangan kelas-kelas aset
yang berlainan (ekuiti, pendapatan tetap dan instrumen pasaran wang) di rantau Asia Pasifik
kecuali Jepun.
PRUlink asia property securities fund adalah dana yang diuruskan secara aktif yang
bermatlamat untuk memaksimumkan pendapatan dan pulangan jangka panjang. Matlamat
ini dicapai dengan melabur dalam Dana Pelaburan Harta Tanah (REIT) tersenarai dan sekuriti
berkaitan harta terbitan syarikat-syarikat yang diperbadankan, disenaraikan atau yang
menjalankan aktiviti utamanya di rantau Asia Pasifik termasuk Jepun, Australia dan New
Zealand.
PRUlink asia local bond fund adalah dana yang diuruskan secara aktif yang bermatlamat
untuk memaksimumkan jumlah pulangan melalui pelaburan dalam sekuriti pendapatan
tetap atau sekuriti hutang yang ditarafkan dan juga tidak ditarafkan.
PRUlink global market navigator fund adalah dana yang diuruskan secara aktif yang
bermatlamat untuk mencapai pulangan mutlak yang positif dalam jangka sederhana melalui
pelaksanaan strategi peruntukan aset yang diuruskan secara aktif dalam pelbagai jenis aset
global termasuk tunai, ekuiti, bon dan mata wang.
PRUlink Funds 133

Tinjauan Semula Pelaburan
Pasaran Ekuiti
Indeks Komposit Kuala Lumpur (KLCI) susut 39.33% pada tempoh dalam tinjauan daripada
1,445.03 pada 31 Disember 2007 kepada 876.75 pada 31 Disember 2008. Indeks Syariah
Emas FTSE Bursa Malaysia (FMBSHA) merosot 43.52% dalam tempoh yang sama. KLCI
mencatatkan prestasi yang mengatasi Indeks MSCI Asia Pacific ex-Japan (MXAPJ) yang
merosot 53.3% dalam tempoh yang sama.
Pasaran sangat meruap pada tahun ini sebab ketidaktentuan global yang timbul daripada
isu-isu subprima Amerika Syarikat (AS), harga komoditi mencecah paras tertinggi dan jatuh
kemudiannya berikutan kebimbangan tentang kemelesetan ekonomi global, serta isu-isu
politik dalam negara. Meskipun wujud ketidaktentuan politik dalam negara yang berpunca
daripada keputusan Pilihan Raya Umum, Malaysia masih berdaya tahan sebab terutamanya
harga minyak sawit mentah (CPO) yang agak baik bagi tempoh itu yang mengukuhkan
saham perladangan. Malaysia mencatatkan prestasi yang mengatasi kebanyakan bursa
serantau pada separuh pertama tempoh dalam tinjauan (KLCI: -17.89%, FBMSHA: -18.48%,
MxAPJ: -18.82%).
Bagi tempoh separuh kedua, KLCI meraih prestasi yang mengatasi kebanyakan pasaran
serantau (KLCI: -26.11%, FMBSHA: -42.48%, MxAPJ: -30.71%), kerana Malaysia agak
terasing daripada krisis subprima AS yang melanda rantau ini, tetapi terjejas oleh isu-isu
dalamannya. Ketidaktentuan daripada keputusan Pilihan Raya Umum Malaysia yang di
luar jangkaan pada bulan Mac berterusan ke tahun separuh kedua. Sentimen pengguna
bertambah buruk apabila kerajaan mengumumkan pengurangan subsidi tenaga yang
drastik dan memperkenalkan cukai durian runtuh ke atas Pengeluar Kuasa Bebas (IPP), yang
memburukkan lagi ketidaktentuan dalam pasaran ekuiti tempatan. Pelabur menyertakan
premium risiko yang lebih tinggi pada industri-industri tertentu mengambil kira potensi
perubahan dasar kerajaan. Walau bagaimanapun, apabila harga minyak mentah turun
daripada paras tertinggi AS$145/tong pada Julai 2008 kepada AS$44/tong pada 31
Disember 2008, kerajaan menurunkan harga petrol daripada paras tertinggi RM2.70/liter
pada Jun 2008 kepada RM1.80/liter pada akhir 2008. Sejajar dengan penurunan harga
minyak mentah, semua jenis komoditi mengalami kejatuhan harga yang teruk, dan harga
CPO juga turut sama menjunam daripada kira-kira RM3,100/tan untuk mengakhiri tempoh
ini pada paras RM1,630/tan. Bajet 2009 yang diumumkan pada bulan Ogos memberikan
beberapa langkah kelegaan buat rakyat ketika harga barang am naik. Kerajaan kemudiannya
mengumumkan pakej rangsangan berjumlah RM7 bilion dengan tumpuan kepada projekprojek
pulangan tinggi, serta menyemak turun anggaran Keluaran Dalam Negeri Kasar
(KDNK) tahun 2008 dan 2009 bagi Malaysia masing-masing kepada 5% dan 3.5%.
Tahun separuh kedua juga menyaksikan isu subprima AS melarat menjadi krisis kewangan
apabila Fannie Mae dan Freddie Mac di AS terpaksa diambil alih oleh Perbendaharaan AS,
dan tidak lama kemudian, Lehman Brothers memfailkan kebankrapan dan kekurangan dana
AIG memerlukan pinjaman kecemasan berjumlah AS$85 bilion daripada Perbendaharaan
AS. Pelan penyelamatan bank berjumlah AS$700 bilion telah dilancarkan dan akhirnya
diluluskan oleh Dewan Perwakilan AS untuk membeli aset-aset berkaitan gadai janji toksik
daripada sektor kewangan yang tenat. Pasaran global goyah berikutan pengumuman
negatif mengenai keruntuhan institusi kewangan yang dahulunya disegani. Keadaan kredit
yang mengetat kemudiannya mencetuskan ketidakstabilan mata wang bagi negara-negara
tertentu, dan bank-bank pusat di seluruh dunia melaksanakan usaha bersepadu untuk
menurunkan kadar dan meningkatkan kecairan.
Pemilihan Barack Obama sebagai Presiden Amerika Syarikat yang berikutnya memberikan
kelegaan sementara daripada semua turun naik yang tidak menentu dalam harga
pasaran. Meskipun perbendaharaan AS berusaha untuk menyediakan kecairan, Citigroup
mengumumkan bahawa ia juga memerlukan bantuan kewangan daripada kerajaan AS.
Tahun 2008 berakhir dengan AS secara rasminya mengalami kemelesetan ekonomi, Presiden
Bush yang bakal menamatkan perkhidmatannya mengumumkan pakej penyelamatan untuk
para pengeluar kereta, kadar Dana Persekutuan AS pada paras 0-0.25%, Kadar Dasar
Semalaman (OPR) Malaysia pada paras 3.25% (turun sebanyak 25 mata asas) dan nilai
ringgit yang lebih lemah berbanding Dolar AS pada paras RM3.4545/USD (turun 4.39%
pada tahun 2008).
134 PRUlink Funds

Pasaran Bon
Pada tempoh satu tahun dalam tinjauan, Rizab Persekutuan AS menurunkan kadar Dana
Persekutuannya sebanyak 7 kali daripada 4.25% kepada sekitar 0%-0.25% pada Disember
2008 dalam usahanya untuk menyelamatkan pasaran kewangan daripada merosot lagi,
menyedari bahawa krisis kewangan yang bertambah parah terus melemahkan tinjauan masa
depan pertumbuhan ekonomi. Dalam tempoh tersebut, kadar hasil UST yang bertempoh 2
tahun dan 10 tahun masing-masing merosot teruk sebanyak 326 mata asas dan 85 mata
asas kepada 0.77% dan 2.21%.
Di dalam negara, tekanan inflasi telah berkurangan seperti yang dilaporkan oleh Indeks
Harga Pengguna yang menurun daripada paras tertinggi +8.5% dalam tempoh hampir 27
tahun pada Julai 2008 kepada 5.7% pada November 2008, disebabkan oleh penurunan
harga bahan api oleh Kerajaan. Tekanan inflasi dijangka berkurangan lagi pada separuh
kedua 2009 berikutan penurunan harga bahan api, sekali gus memberikan Bank Negara
Malaysia (BNM) lebih banyak ruang untuk melaksanakan dasar monetari yang akomodatif
bagi merangsangkan pertumbuhan ekonomi.
Meskipun tidak terlepas daripada kelembapan hampir sepanjang tahun tersebut, ekonomi
Malaysia telah mempamerkan daya tahan yang mengejutkan terhadap huru-hara kewangan
global, tetapi risiko kemerosotan yang tinggi kepada pertumbuhan dan tekanan inflasi
yang semakin berkurangan, menyaksikan BNM menurunkan OPR buat pertama kali sejak
April 2006, sebanyak 25 mata asas kepada 3.25% pada Mesyuarat Dasar Monetarinya
yang diadakan pada 24 November 2008. BNM juga telah mengurangkan Keperluan Rizab
Berkanun institusi-institusi perbankan daripada 4.0% kepada 3.5% mulai 1 Disember 2008
untuk mengurangkan lagi kos pengantaraan, dan ini akan menambahkan kecairan ke dalam
sistem kewangan domestik.
Kadar hasil bon berdaulat merosot pada Januari 2008 ekoran kenaikan nilai RM dan pelabur
membina semula portfolio. Kemudiannya, aktiviti pengambilan untung dan kebimbangan
inflasi menyaksikan Sekuriti Kerajaan Malaysia (MGS) merosot pada suku kedua 2008,
terutamanya pada bulan Jun, apabila tekanan inflasi yang meningkat ekoran kenaikan
mendadak harga bahan api, kenaikan harga makanan dan desas-desus bahawa kerajaan
akan menaikkan tarif elektrik, menyebabkan jualan bon berdaulat merosot. Kadar hasil bon
berdaulat meruap pada bulan Julai tetapi mengukuh kerana OPR kekal pada paras 3.50%
pada 25 Julai.
Pengumuman Bajet pada penghujung bulan Ogos mengenai defisit fiskal diperbesar sebanyak
4.8% daripada KDNK pada tahun 2008 menyaksikan BNM menambahkan dua lagi terbitan
awam dan lima tawaran persendirian bon berdaulat dalam tempoh tahun itu. Pasaran pada
mulanya memberikan reaksi yang negatif, tetapi aktiviti pencarian saham murah tidak lama
kemudian menyaksikan kembalinya sokongan terhadap bon berdaulat, dan kadar hasil ditutup
lebih rendah pada sukuan berakhir September 2008. Spekulasi mengenai penurunan kadar
menyebabkan lonjakan dalam bon berdaulat dan diperhebatkan apabila BNM menurunkan
kadar sebanyak 25 mata asas diiringi kenyataan yang menenangkan pada 24 November.
Bagi tempoh 1 tahun, kadar hasil berdaulat ditutup nyata lebih rendah dengan kadar hasil
MGS bertempoh 3 tahun dan 10 tahun merosot masing-masing sebanyak 67 mata asas dan
96 mata asas, dan menutup pada paras 2.95% dan 3.17%.
Kadar hasil bon korporat pada amnya bergerak seiring dengan kadar hasil bon berdaulat
walaupun sedikit ketinggalan. Selain kebimbangan inflasi, sentimen terhadap bon korporat
bertambah rapuh ekoran meningkatnya risiko kawal selia, ketidaktentuan politik dan
terutamanya pengumuman kerajaan pada awal Jun 2008 mengenai levi cukai durian runtuh
yang perlu dibayar oleh Pengeluar Kuasa Bebas (IPPs) yang mencetuskan gangguan ketara
terhadap pasaran bon domestik pada suku kedua dan ketiga 2008 dan menyebabkan
dagangan berkurangan dalam bon kuasa. Walau bagaimanapun, pengumuman kerajaan
pada September 2008 untuk menghentikan levi keuntungan durian runtuh ke atas IPPs
memberi kelegaan kepada pasaran bon walaupun pengeluar-pengeluar kuasa masih perlu
membuat bayaran sekali untuk levi cukai satu tahun kepada kerajaan. Sentimen yang rapuh
dan pembencian risiko membataskan dagangan bon korporat kepada surat niaga cair gred
tinggi dan kadar hasil ditutup lebih rendah sedikit.
PRUlink Funds 135

Prestasi Dana
PRUlink equity fund
Setakat Disember 2008, Nilai Aset Bersih seunit PRUlink equity fund adalah pada paras
RM1.8448 berbanding dengan RM2.6848 pada akhir 2007. Bagi tempoh dalam tinjauan,
prestasi dana ini adalah -31.29% mengatasi prestasi penanda aras -39.33%. Prestasi yang
mengatasi penanda aras ini dicapai berikutan pemilihan saham yang baik dan peningkatan
paras tunai yang berjaya mengurangkan kesan kemerosotan dalam pasaran saham.
Sejak dimulakan pada Julai 1997, PRUlink equity fund telah meraih prestasi yang
memberangsangkan berbanding dengan penanda aras Indeks Komposit Kuala Lumpur
(KLCI). Dana ini mencapai peningkatan keseluruhan sebanyak 84.48% berbanding dengan
prestasi penanda aras -13.41%; sekali gus mengatasi prestasi pasaran sebanyak 97.88%.
PRUlink bond fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink bond fund meningkat kepada
RM2.1693 daripada RM2.1176 pada akhir 2007, mencatatkan pulangan sebanyak 2.44%
bagi tahun itu. Pulangan yang terpuji ini dicapai dalam suasana kemelutan kewangan global
dan ketidaktentuan dalam pasaran kredit global. Tambahan pula, terbitan-terbitan berkualiti
yang kami pilih dengan teliti telah membolehkan kami mencapai pulangan yang baik tanpa
kemungkiran.
Sejak dilancarkan pada 15 Julai 1997, Dana ini telah mencapai pulangan sebanyak
116.93%.
PRUlink managed fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink managed fund ialah RM1.7727
berbanding dengan RM2.2933 pada akhir 2007. Bagi tempoh dalam tinjauan, PRUlink
managed fund telah melaporkan pulangan sebanyak -22.70% yang mengatasi prestasi
pulangan penanda aras iaitu -26.42%.
Sejak dimulakan pada 14 September 1999, Dana ini telah mencatatkan peningkatan
sebanyak 77.27%.
PRUlink managed fund II
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink managed fund II ialah RM1.0319
berbanding dengan RM1.3827 pada akhir 2007. Bagi tempoh dalam tinjauan, PRUlink
managed fund II melaporkan pulangan pada -25.37%, mengatasi prestasi pulangan penanda
aras iaitu -30.72%.
Sejak dimulakan pada 14 Ogos 2006, Dana ini telah mencatatkan peningkatan sebanyak
3.19%.
PRUlink dana unggul
PRUlink dana unggul mengakhiri tahun 2008 pada paras RM1.4435 berbanding dengan
RM2.2451 pada akhir 2007. Bagi tahun dalam tinjauan, prestasi Dana ini adalah -35.69%
mengatasi pulangan penanda aras iaitu -43.52%. Prestasi memberangsangkan yang dicatat
oleh Dana ini dicapai melalui gabungan faktor pemilihan saham yang baik dan peruntukan
aset taktikal.
Sejak dilancarkan pada 1 Ogos 2000, Dana ini telah mencatatkan pulangan positif sebanyak
44.35%.
PRUlink dana aman
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink dana aman meningkat kepada
RM1.6410 daripada RM1.6076 pada akhir 2007, mencatatkan pulangan sebanyak 2.08%
bagi tahun itu. Pulangan yang terpuji ini dicapai dalam suasana kemelutan kewangan global
dan ketidaktentuan dalam pasaran kredit global. Tambahan pula, terbitan-terbitan berkualiti
yang kami pilih dengan teliti telah membolehkan kami mencapai pulangan yang baik tanpa
kemungkiran.
Sejak dilancarkan pada 1 Ogos 2000, Dana ini telah mencapai pulangan sebanyak
63.35%.
136 PRUlink Funds

PRUlink dana urus
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink dana urus ialah RM1.5183
berbanding dengan RM2.0609 pada akhir 2007. Bagi tahun dalam tinjauan, dana ini
mencatatkan -26.33% mengatasi pulangan penanda aras iaitu -29.35%.
Sejak dimulakan, Dana ini telah berjaya mencatatkan peningkatan sebanyak 51.63%.
PRUlink dana urus II
Pada 31 Disember 2008, Nilai Aset Bersih seunit PRUlink dana urus II ialah RM1.0240
berbanding dengan RM1.4478 pada akhir 2007. Bagi tahun dalam tinjauan, prestasi dana
ini yang sebanyak -29.27% mengatasi prestasi pulangan penanda aras iaitu -34.07%.
Sejak dimulakan pada 1 Ogos 2006, Dana ini telah mencatatkan pulangan positif sebanyak
2.4%.
PRUlink golden equity fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink golden equity fund ialah
RM0.7235 berbanding dengan RM1.0527 pada akhir 2007. Bagi prestasi 1 tahun, Dana
ini mencatatkan pulangan -31.27% yang mengatasi prestasi pulangan penanda aras iaitu
-39.33%.
Sejak dimulakan pada 19 November 2007, Dana ini telah mencatatkan pulangan negatif
sebanyak 27.65%.
PRUlink golden bond fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink golden bond fund ialah RM1.0211
berbanding dengan RM1.0017 pada akhir 2007, melaporkan peningkatan sebanyak
1.94%.
Sejak dimulakan pada 19 November 2007, Dana ini telah mencatatkan peningkatan
sebanyak 2.11%.
PRUlink guaranteed account
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink guaranteed account ialah
RM1.1568 berbanding dengan RM1.1258 pada akhir 2007. Bagi prestasi 1 tahun, Dana ini
mencatatkan pulangan sebanyak 2.75%.
Sejak dimulakan pada 1 Mei 2005, Dana ini telah mencatatkan peningkatan sebanyak
15.68%.
PRUlink asia managed fund
PRUlink asia managed fund menutup tahun 2008 pada paras RM0.7778 berbanding dengan
RM1.3116 pada akhir 2007. Bagi tahun 2008, Dana ini melaporkan pulangan sebanyak
-40.70%, merekodkan prestasi yang lebih rendah daripada penanda aras iaitu -37.84%.
Bagi tahun 2008, strategi luas Dana ini yang memegang wajaran kurang dalam ekuiti Asia
dan memegang wajaran berlebihan dalam bon-bon Asia yang didenominasikan dalam
dolar AS hampir sepanjang tahun tersebut menambah nilai kerana bon-bon Asia ini meraih
prestasi yang mengatasi ekuiti Asia dengan margin yang luas. Ini bagaimanapun lebih
daripada dibalas timbal oleh prestasi rendah ekuiti Asia dan subdana bon Asianya yang
didenominasikan dalam dolar AS, mengakibatkan prestasi keseluruhan Dana ini lebih rendah
daripada penanda aras kompositnya.
Sejak dimulakan pada 30 November 2005, Dana ini mencatat pulangan sebanyak -22.22%.
PRUlink asia property securities fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink asia property securities fund
ialah RM0.5450. Dana ini mencatatkan pulangan sebanyak -45.50%, lebih rendah daripada
pulangan yang diraih oleh penanda aras iaitu -42.59%.
Sejak dimulakan pada 12 Februari 2008, Dana ini telah mencatatkan pulangan negatif
sebanyak 45.50%.
PRUlink Funds 137

PRUlink asia local bond fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink asia local bond fund ialah
RM1.0325. Dana ini mencatatkan pulangan sebanyak 3.25%, sekali gus mengatasi prestasi
pulangan penanda arasnya yang sebanyak 3.07%.
Sejak dimulakan pada 16 September 2008, Dana ini telah mencatatkan pulangan positif
sebanyak 3.25%.
PRUlink global market navigator fund
Setakat 31 Disember 2008, Nilai Aset Bersih seunit PRUlink global market navigator fund
ialah RM1.0552. Dana ini mencatatkan pulangan sebanyak 5.52%, sekali gus mengatasi
prestasi pulangan penanda arasnya yang sebanyak 0.96%.
Sejak dimulakan pada 16 September 2008, Dana ini telah melaporkan pulangan positif
sebanyak 5.52%.
138 PRUlink Funds

Tinjauan Masa Depan Pelaburan
Ekuiti
Tahun 2009 seharusnya kurang meruap bagi pasaran global walaupun kemerosotan kewangan
global pada tahap seteruk ini tidak mungkin dapat diselesaikan dalam masa beberapa bulan.
Amerika Syarikat (AS) masih perlu mengurangkan keumpilan kewangan, harga rumah di
AS kemungkinan terus lemah memandangkan pertambahan besar inventori rumah, dan
kepercayaan antara bank dan pelanggan perlu dipupuk semula untuk menyediakan kredit.
Kelajuan pemulihan akan ditentukan oleh kecekapan dan keberkesanan kerajaan ekonomiekonomi
besar ini bertindak balas terhadap isu-isu ini.
Di dalam negara, bursa tempatan mungkin mengambil petunjuk daripada aliran berita
serantau dan global walaupun kami menjangka pelabur tempatan mengikuti rapi keputusan
pilihan raya kecil Kuala Terengganu yang bakal diadakan pada 17 Januari 2009. Satu lagi
peristiwa penting politik yang perlu diberi perhatian ialah Perhimpunan Agung UMNO yang
bakal berlangsung pada bulan Mac 2009, di mana walaupun jawatan presiden UMNO lebih
kurang telah ditetapkan, namun jawatan timbalan presiden dan ketua pemuda UMNO
belum lagi diputuskan. Memandangkan saham perladangan adalah wajaran berat di Indeks
Komposit Kuala Lumpur (KLCI), kita mungkin melihat sumbangan positif kepada indeks
dengan sentimen bertambah kukuh bagi harga minyak mentah dan begitu juga komoditi
berkaitan seperti minyak sawit mentah (CPO). Komoditi juga mungkin menyaksikan lonjakan
kecil dalam tahun ini jika nilai Dolar AS jatuh lebih banyak atau akibat ketegangan geopolitik
yang kian memuncak di Timur Tengah.
Antara peristiwa atau faktor yang boleh memberi sokongan kepada bursa tempatan ialah:
• Pelaksanaan inisiatif rangsangan yang lebih cepat daripada jangkaan.
• Lebih banyak dasar mesra pengguna diumumkan.
• Lebih banyak aktiviti Penggabungan dan Pengambilalihan (M&A) dan pengurusan
modal.
• Bukti kelembapan ekonomi global telah mencapai tahap terendahnya.
Kami akan terus mengutamakan strategi pelaburan dari bawah ke atas, di mana pilihan saham
taktikal dan peruntukan aset akan mendorong prestasi dana yang cemerlang. Kami akan terus
mencari syarikat yang stabil dari segi pendapatan, berdaya saing di pasaran dalam atau luar
negeri, ketulusan dan mengamalkan tadbir urus korporat yang baik.
Bon
Krisis kewangan global bertambah buruk ke tahap baru dengan keruntuhan beberapa intitusi
kewangan utama di AS dan Eropah. Meskipun tinjauan masa depan bagi inflasi global telah
menampakkan penurunan, namun risiko kepada pertumbuhan ekonomi global telah banyak
meningkat dengan ekonomi-ekonomi perindustrian utama kini mengalami kegawatan dan
bank-bank pusat di seluruh dunia bertungkus lumus menyelamatkan ekonomi mereka
dengan tindak balas dasar yang agresif dan belum pernah dilaksanakan sebelum ini dalam
usaha untuk menstabilkan sistem kewangan teras global dan merangsangkan aktiviti
ekonomi.
Menjangkakan bahawa kemerosotan ekonomi global yang lebih teruk akan mempunyai
impak yang lebih buruk ke atas ekonomi Malaysia, Bank Negara Malaysia (BNM) telah
mengambil langkah-langkah terdahulu bagi mencapai pertumbuhan ekonomi yang positif
pada tahun 2009, dengan menyediakan persekitaran monetari yang lebih menyokong bagi
ekonomi domestik. Pada mesyuarat Jawatankuasa Dasar Monetari (MPC) yang diadakan
pada 21 Januari 2009, BNM telah mengurangkan Kadar Dasar Semalaman (OPR) sebanyak
75 mata asas kepada 2.50%, dan juga mengurangkan Keperluan Rizab Berkanun (SRR)
sebanyak 150 mata asas daripada 3.5% kepada 2.0% mulai 1 Februari 2009, lebih tinggi
daripada jangkaan pasaran. Pada masa akan datang, BNM mungkin akan menurunkan lagi
kadar jika keadaan ekonomi terus merosot.
Walaupun pengumuman kerajaan untuk menghentikan levi keuntungan durian runtuh ke
atas Pengeluar Kuasa Bebas (IPPs) dialu-alukan, namun penilaian bon berkaitan kuasa tidak
mencerminkan penyingkiran risiko kawal selia dan meskipun penilaian mungkin beransuransur
naik, bon-bon ini mungkin akan terus meraih premium risiko yang lebih tinggi
berbanding dengan masa sebelum levi keuntungan durian runtuh dikenakan.
Gabungan faktor pertumbuhan yang perlahan, inflasi yang menurun, kecairan melimpah
dalam sistem kewangan domestik dan dasar monetari yang akomodatif adalah positif bagi
pasaran bon. Namun begitu, risiko kitaran kredit yang lemah berterusan ekoran daripada
keadaan ekonomi global yang perlahan. Kami akan terus mengumpulkan terbitan-terbitan
berkualiti dan mencari peluang untuk berurus niaga di bawah keadaan meruap.
PRUlink Funds 139

Asia
Gambaran Keseluruhan Pasaran
Pasaran di seluruh rantau ini mengalami kerugian besar pada tahun 2008. Indeks MSCI
AC Far East Ex Japan jatuh dalam jumlah keseluruhan sebanyak 52% didahului oleh India,
Korea dan Indonesia. Secara tradisinya, sektor-sektor bertahan seperti utiliti, telekomunikasi
dan barangan asas pengguna mengalami kejatuhan yang kurang, sementara sektor-sektor
berkitar seperti teknologi, budi bicara pengguna dan tenaga pula mengalami kejatuhan
yang paling banyak.
Kejatuhan yang ketara ini adalah berikutan tinjauan masa depan ekonomi global dan
perolehan yang bertambah buruk. Tindak balas monetari dan fiskal besar-besaran yang
sedang dilaksanakan di seluruh dunia dilihat oleh pasaran sebagai perlu tetapi tidak memadai
untuk meletak kembali ekonomi global di landasan yang betul dalam tempoh terdekat ini.
Dari perspektif Asia, eksport terus menjadi segmen ekonomi yang paling lemah.
Tinjauan Masa Depan
Jangkaan terus merosot. Beberapa negara di Asia dijangka mengalami pengecutan yang
besar pada tahun 2009. Begitu juga, jangkaan perolehan menurun dengan ketara tetapi
tidak menurun sebanyak jangkaan pasaran dan akan turun lebih banyak lagi pada tahun
2009. Namun begitu, berita baik ialah Prudential percaya penilaian ekuiti rantau ini
adalah menarik dari perspektif jangka sederhana tetapi tahun 2009 akan tetap meruap
dan mencabar. Pasaran Asia tidak termasuk Jepun kini berdagang pada pengganda Harga/
Perolehan hadapan 12 bulan sebanyak 11.6 kali dan nisbah Harga kepada Buku sebanyak
1.2 kali berdasarkan kepada anggaran konsensus. Sementara perolehan mungkin terus
melihatkan penurunan, namun Prudential percaya bahawa pada paras ini, penilaian ekuiti di
rantau ini telah memberi sokongan dan pasaran akan memberi pulangan yang kukuh dalam
jangka sederhana.
Dari segi pasaran, Thailand tetap menarik berbanding dengan pasaran baru muncul yang
lain. Dijangka perolehan bagi pasaran Thai tidak terlalu berlebihan setelah datang dari asas
yang sangat rendah pada tahun 2006/2007 dan oleh yang demikian, risiko perolehan adalah
agak rendah. Pada masa yang sama, risiko politik, isu struktur di Thailand, nampaknya
telah diambil kira sepenuhnya dalam harga semasa. Prudential juga positif tentang Negara
Cina kerana kerajaannya mempunyai lebih banyak ruang untuk melancarkan dasar-dasar
bagi merancakkan semula ekonomi tetapi masih tetap berhati-hati terhadap kerapuhan
jangka pendek. Begitu juga, Prudential lebih positif tentang Indonesia kerana penilaian
mula kelihatan menarik berbanding dengan pasaran-pasaran ekuiti lain di Asia meskipun
wujud kebimbangan tentang pertumbuhan ekonomi yang lebih perlahan dan semakan
menurun perolehan dalam tempoh terdekat ini. Prudential mempunyai pandangan yang
neutral tentang Hong Kong, Filipina, Taiwan dan Korea disokong oleh beberapa sebab, iaitu
bergantung kepada eksport dan penilaian yang tidak menarik.
Prudential tetap percaya bahawa tinjauan bagi Asia dalam jangka sederhana ini adalah
positif. Pertumbuhan ekonomi rantau ini mungkin akan perlahan ekoran eksport yang
merosot dan pembentukan modal yang lebih perlahan. Fundamental di Asia adalah lebih
baik tetapi pertumbuhan ekonomi global yang perlahan pasti memberi kesan kepada Asia,
terutamanya ekonomi yang bergantung pada eksport. Dasar fiskal dan monetari sedang
dilaksanakan dengan segera untuk bertindak balas terhadap kitaran ini. Sesetengah negara
seperti Negara Cina mempunyai banyak langkah untuk bertindak balas dan menunjukkan
kesanggupan untuk menggunakannya. Sedikit sebanyak penyahgandingan ekonomi daripada
pertumbuhan ekonomi global yang perlahan dapat dilihat dalam tempoh 18-24 bulan akan
datang. Keyakinan pasaran adalah rendah dan pelabur mungkin akan meminggiri pasaran
sementara menantikan kitaran ini berakhir tetapi oleh sebab penilaian adalah menyokong,
kes pelaburan bagi Asia tetap kukuh.
140 PRUlink Funds

Global
Gambaran Keseluruhan Pasaran
Segelintir pasaran saham boleh mendakwa terlepas daripada kesan teruk krisis kewangan
global 2008. Pasaran ekuiti adalah antara yang paling teruk terjejas; banyak indeks utama
mengakhiri tahun tersebut lebih rendah sebanyak 30% atau lebih. Indeks Perusahaan Dow
Jones AS mengalami kejatuhan sebanyak 33.8%, Indeks Nikkei 225 Jepun susut sebanyak
42%, Indeks FTSE Eurofirst 300 turun sebanyak 44%, dan banyak lagi. Kesimpulannya,
Indeks MSCI World susut 43%, merupakan prestasi tahunan yang terburuk sejak indeks ini
dimulakan pada tahun 1970.
Tahun ini dicirikan oleh kemeruapan yang paling buruk dan cabaran-cabaran yang belum
pernah dialami sebelum ini. Apa yang bermula sebagai masalah dalam sektor perumahan AS
merebak segera ke institusi-institusi kewangan di seluruh dunia dan akhirnya melimpah ke
ekonomi benar. Sepanjang tahun itu, bank-bank pusat di seluruh dunia terpaksa melaksanakan
langkah-langkah kecemasan bagi mengelakkan keruntuhan sistemik bagi sistem kewangan
global. Beberapa negara juga menurunkan kadar faedah dan menyediakan pakej rangsangan
fiskal besar-besaran untuk menghalang ekonomi mereka daripada mengalami kemelesetan
yang teruk. Kemerosotan pasaran hartanah dan penurunan perbelanjaan pengguna
juga melembapkan sentimen. Dalam menghadapi kemerosotan ekonomi global yang
berpanjangan dan kadar pengangguran yang meningkat, kebimbangan tentunya beralih
daripada portfolio saham yang merosot kepada persoalan jaminan kerja.
Seperti pasaran ekuiti, pasaran pendapatan tetap global juga turut mengalami kemeruapan
yang melampau pada tahun 2008. Kebimbangan berhubung kestabilan sektor kewangan
dan persekitaran risiko kegawatan ekonomi AS yang meningkat menyebabkan pelabur
lebih menggemari aset-aset yang selamat. Faktor-faktor ini terus menggalakkan belian bonbon
kerajaan G7 dalam suku pertama kerana instrumen pelaburan ini lebih selamat. Pada
tempoh seterusnya dalam tahun itu, pasaran kredit mengalami tekanan. Pemulihan luka
sektor perbankan berluasan, sementara harga minyak yang tetap tinggi menambahkan rasa
takut terhadap stagflasi global. Bon-bon kerajaan merosot kerana jangkaan pelabur beralih
daripada pelonggaran monetari kepada pengetatan monetari.
Keyakinan terhadap pasaran kewangan global mula terhakis dalam suku ketiga. Sebilangan
institusi kewangan AS diletakkan di bawah entiti pemantauan. Keadaan akhirnya berkecai
apabila bank pelaburan AS, Lehman Brothers, runtuh, sekali gus mencetuskan kemelut
kewangan global yang tidak pernah disaksikan sebelum ini. Di tengah-tengah kecelaruan
ini, kadar hasil bon kerajaan G7 jatuh mendadak sementara kredit meluas dengan ketara.
Tambahan pula kebimbangan terhadap keruntuhan sistem perbankan global sistemik dan
kemungkinan bank-bank pusat menurunkan lagi kadar faedah, tekanan inflasi yang semakin
kurang dan prestasi buruk pasaran ekuiti memperkukuhkan prestasi pasaran bon kerajaan G7.
Aspek ketara krisis ini ialah menaikkan kadar hasil bon ke paras yang terluas dalam sejarah.
Banyak bon korporat gred pelaburan diletakkan harga pada kadar kegagalan membayar
hutang tersirat yang jauh lebih tinggi daripada yang mungkin terjadi. Malah dalam segmen
kadar hasil tinggi pun, penilaian telah mengalami pembetulan besar sehingga wujud
perlindungan penurunan yang ketara. Nampaknya bon lebih agresif dalam mengambil kira
kemelesetan berbanding ekuiti.
Tinjauan Masa Depan
Sedangkan bertambah banyak bukti tentang pertumbuhan ekonomi global yang perlahan,
sukar untuk bersikap positif tentang prospek makroekonomi bagi tahun 2009. Namun begitu,
mungkin ada beberapa sebab untuk bersikap optimis tetapi berhati-hati tentang ekuiti.
Sebagai permulaan, langkah-langkah dasar yang dilaksanakan baru-baru ini sepatutnya
menolong meringankan kelembapan ekonomi yang dialami kini. Lagipun, permulaan tahun
PRUlink Funds 141

2009 telah menyaksikan pengecilan bon korporat sementara nilai dolar AS (dianggap
sebagai mata wang yang selamat) telah jatuh berbanding mata-mata wang utama lain,
sekali gus menandakan tahap pembencian risiko yang menurun. Biasanya apabila selera
risiko meningkat, pasaran ekuiti akan bermanfaat.
Tidak ragu-ragu lagi bahawa sentimen pasaran masih pada paras serendah-rendahnya dan
ekuiti global sedang mengalami salah satu tempoh terburuknya dalam sejarah. Pada masa
yang sama, tidak salah untuk mengatakan bahawa kemerosotan ekonomi semasa memberi
banyak peluang untuk memilih saham yang mempunyai penilaian yang menarik.
Pada masa akan datang, prestasi bon-bon korporat mungkin bergantung pada keparahan
dan tempoh kemelesetan yang sedang berlaku serta kesan tidak langsungnya ke atas
perolehan korporat dan kadar kegagalan membayar hutang.
Kami terus mengutamakan pasaran yang telah berdagang pada penilaian yang ekstrem, di
mana kami yakin bahawa ia memadai untuk mengimbangkan risiko. Kami juga berpihak
kepada kredit yang memberikan nilai ekstrem pada masa kini dan mungkin menyampaikan
penyelarasan risiko yang lebih baik berbanding dengan ekuiti di tahun 2009. Kami bercadang
untuk melaburkan wang tunai di ekuiti apabila berpeluang.
Selepas jualan, banyak ekuiti mencecah paras penilaian terendah dalam tempoh bertahuntahun.
Meskipun ramalan ekonomi dan perolehan baru-baru ini tercapai dengan banyak
keraguan, namun kami berpendapat sebilangan pasaran ekuiti tetap mempunyai potensi.
Eropah adalah antara yang paling menonjol sekali. Kami nampak nilai yang menguntungkan
di UK, Jerman, Rusia dan Turki. Di Jepun, lebih daripada 60% syarikat tersenarai berdagang
di bawah nilai buku, namun fakta ini dihindari oleh pelabur-pelabur yang amat panik. Bagi
AS pula, ekuiti telah jatuh dengan ketara tetapi masih belum cukup murah memandangkan
jalan ke arah pemulihan masih jauh. Tambahan pula, penilaian AS bukan pada paras
terendah yang disaksikan ketika pasaran sekular jatuh menjunam sebelumnya. Pusingan
terakhir penurunan tahap keuntungan boleh menandakan kejatuhan ke paras terendah.
Tetapi melangkah semakin jauh ke tahun 2009, penilaian sahaja mungkin tidak memadai
untuk menarik para pelabur terutamanya kerana fundamental ekonomi global terus
lemah. Walau bagaimanapun, risiko kemelesetan bertambah buruk nampaknya terbatas
memandangkan banyak berita buruk telahpun diambil kira.
142 PRUlink Funds

Sorotan Kewangan
Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink equity fund
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Ekuiti
Bahan Binaan
Konglomerat
Pembinaan
Pengguna
Kewangan
Perjudian
Perusahaan
Media
Motor
Minyak & Gas
Perladangan
Kuasa
Harta
Perkhidmatan
Teknologi
Telekomunikasi
Pembalakan
Pengangkutan
Air
0.19
8.70
2.92
1.65
20.53
11.14
1.41
2.30
1.33
5.30
6.61
6.15
2.53
-
0.61
9.19
0.04
3.34
0.08
84.01
1.23
13.57
4.88
2.37
17.86
14.39
1.07
2.62
3.05
8.53
1.44
7.11
4.33
-
0.88
5.34
0.18
4.00
0.21
93.07
0.51
5.89
5.45
2.90
20.69
14.19
0.25
2.96
2.68
6.39
2.78
10.19
2.62
0.09
0.63
8.45
-
5.81
-
92.47
0.03
5.64
5.33
3.19
19.52
10.77
1.46
2.91
2.36
6.07
2.56
8.90
1.59
0.13
0.99
10.57
-
4.18
-
86.20
0.16
6.99
5.26
3.49
16.61
8.12
3.56
1.82
2.84
2.64
2.57
9.37
3.63
0.91
0.91
8.56
0.11
4.49
-
81.79
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
17.18
0.98
(2.17)
100.00
7.01
2.21
(2.29)
100.00
7.57
0.89
(0.92)
100.00
13.14
1.18
(0.52)
100.00
17.82
1.17
(0.78)
100.00
PRUlink Funds 143

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink equity fund
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
2,143,409,641
1,161,871,170
1.845
2.693
2.116
-31.29%
2,499,605,255
931,032,043
2.685
2.693
2.116
27.82%
1,679,978,001
799,841,602
2.100
2.103
1.741
19.83%
1,100,255,953
627,717,887
1.753
1.820
1.682
-0.11%
768,103,680
437,732,010
1.755
1.764
1.518
13.67%
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-31.29%
1.72%
3.63%
Pulangan Tahunan Purata-Penanda Aras:
Indeks Komposit Kuala Lumpur
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-39.33%
-0.86%
2.00%
144 PRUlink Funds

Prestasi PRUlink equity fund
(Sejak Dimulakan)
PRUlink equity fund berbanding Indeks Komposit Kuala Lumpur (KLCI)
180.00%
160.00%
140.00%
120.00%
100.00%
80.00%
PEF
Index-KLCI
180.00%
160.00%
140.00%
120.00%
100.00%
80.00%
% Perubahan SI
60.00%
40.00%
20.00%
60.00%
40.00%
20.00%
0.00%
(20.00%)
(40.00%)
(60.00%)
(80.00%)
(100.00%)
15 Jul 97 31 Dis 98 31 Mac 00 30 Jun 01 30 Sep 02 31 Dis 03 31 Mac 05 30 Jun 06 30 Sep 07 31 Dis 08
0.00%
(20.00%)
(40.00%)
(60.00%)
(80.00%)
(100.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 145

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink bond fund
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Sekuriti Pendapatan Tetap:
- Bon/Sekuriti Korporat
- Sijil Deposit Boleh Niaga
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
86.73
0.82
11.98
1.48
(1.02)
100.00
82.06
1.09
15.64
2.00
(0.79)
100.00
89.97
1.93
7.01
1.93
(0.84)
100.00
81.92
-
16.97
1.86
(0.75)
100.00
79.96
0.00
19.24
1.25
(0.45)
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
654,170,071
301,559,477
2.169
2.169
2.093
2.44%
494,300,406
233,422,297
2.118
2.118
2.032
4.41%
285,503,729
140,774,504
2.028
2.031
1.884
6.43%
179,034,642
93,952,168
1.906
1.912
1.784
6.85%
129,317,196
72,509,719
1.783
1.784
1.643
8.54%
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2.44%
4.41%
5.71%
Pulangan Tahunan Purata-Penanda
Aras: Kadar FD MBB 12 bulan
Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
3.69%
3.73%
3.72%
146 PRUlink Funds

Prestasi PRUlink bond fund
(Sejak Dimulakan)
PRUlink bond fund berbanding Kadar FD MBB 12 bulan Peringkat 1
120.00%
120.00%
100.00%
PBF
12M MBB
T1 FD rate
100.00%
80.00%
80.00%
% Perubahan SI
60.00%
60.00%
40.00%
40.00%
20.00%
20.00%
0.00%
15 Jul 97 31 Dis 98 31 Mac 00 30 Jun 01 30 Sep 02 31 Dis 03 31 Mac 05 30 Jun 06 30 Sep 07 31 Dis 08
0.00%
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 147

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink managed fund
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Pelaburan dalam-
PRUlink equity fund
PRUlink bond fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
64.66
35.34
-
-
-
100.00
75.82
24.18
-
-
-
100.00
71.89
28.11
-
-
-
100.00
74.18
25.82
-
-
-
100.00
72.68
27.32
-
-
-
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
721,152,508
406,807,406
1.773
2.366
1.721
-22.70%
781,813,876
340,912,426
2.293
2.298
1.911
20.71%
566,823,443
298,345,366
1.900
1.925
1.635
15.68%
380,770,117
231,842,106
1.642
1.682
1.581
1.65%
270,009,895
167,117,445
1.616
1.620
1.429
12.04%
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-22.70%
2.58%
4.21%
Pulangan Tahunan Purata-Penanda Aras:
70% Indeks Komposit Kuala Lumpur +
30% kadar FD MBB 12 bulan Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-26.42%
0.56%
2.53%
148 PRUlink Funds

Prestasi PRUlink managed fund
(Sejak Dimulakan)
PRUlink managed fund berbanding 70% KLCI + 30% kadar FD MBB 12 bulan Peringkat 1
140.00%
140.00%
120.00%
100.00%
PMF
70% KLCI & 30% 12M
MBB T1 FD rate
120.00%
100.00%
% Perubahan SI
80.00%
60.00%
40.00%
80.00%
60.00%
40.00%
20.00%
20.00%
0.00%
0.00%
(20.00%)
14 Sep 99 23 Sep 00 03 Okt 01 13 Okt 02 23 Okt 03 01 Nov 04 11 Nov 05 21 Nov 06 01 Dis 07 01 Dis 08
(20.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 149

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink managed fund II
Kategori
2008
%
2007
%
2006
%
Pelaburan dalam -
PRUlink equity fund
PRUlink bond fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
76.26
23.74
-
-
-
100.00
83.04
16.96
-
-
-
100.00
81.50
18.50
-
-
-
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
102,997,512
99,809,566
1.032
1.431
0.999
-25.37%
82,686,679
59,799,438
1.383
1.386
1.134
22.69%
13,325,295
11,827,845
1.127
1.127
0.999
12.66%
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-25.37%
tiada
tiada
Pulangan Tahunan Purata-Penanda Aras:
80% Indeks Komposit Kuala Lumpur + 20%
kadar FD MBB 12 bulan Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-30.72%
tiada
tiada
150 PRUlink Funds

Prestasi PRUlink managed fund II
(Sejak Dimulakan)
PRUlink managed fund II berbanding 80% KLCI + 20% kadar FD MBB 12 bulan Peringkat 1
70.00%
70.00%
50.00%
PMF2
80% KLCI & 20% 12M
MBB T1 FD rate
50.00%
% Perubahan SI
30.00%
30.00%
10.00%
10.00%
(10.00%)
01 Ogos 06 01 Dis 06 01 Apr 07 01 Ogos 07 01 Dis 07 01 Apr 08 01 Ogos 08 01 Dis 08
(10.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 151

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana unggul
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Ekuiti
Bahan Binaan
Konglomerat
Pembinaan
Pengguna
Kewangan
Perusahaan
Media
Motor
Minyak & Gas
Perladangan
Kuasa
Harta
Perkhidmatan
Teknologi
Telekomunikasi
Pembalakan
Pengangkutan
Air
1.52
4.23
12.70
2.44
0.20
2.07
0.63
0.90
13.79
12.99
0.21
3.93
-
-
9.79
-
5.02
9.03
79.45
5.11
15.82
8.61
2.98
-
4.90
1.50
3.85
9.96
7.54
8.50
6.52
-
2.16
6.31
0.79
5.79
2.06
92.40
4.65
7.74
8.62
6.08
-
3.84
1.14
1.86
8.12
6.39
14.84
6.12
0.26
3.02
9.79
0.00
6.89
0.82
90.18
0.11
7.00
7.66
3.26
-
3.52
1.44
3.68
9.08
5.36
12.86
3.99
0.58
2.02
11.55
0.04
5.48
0.44
78.07
3.38
6.76
7.89
2.30
-
6.09
0.95
6.37
4.59
3.15
11.32
7.05
2.83
3.27
8.48
0.20
5.16
-
79.79
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
20.28
3.15
(2.88)
100.00
7.19
1.56
(1.15)
100.00
9.20
1.45
(0.83)
100.00
21.18
1.10
(0.35)
100.00
19.52
1.45
(0.76)
100.00
152 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana unggul
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
173,428,270
120,144,662
1.443
2.329
1.364
-35.69%
203,168,399
90,512,530
2.245
2.278
1.704
33.73%
118,610,251
70,665,752
1.678
1.679
1.362
22.69%
67,355,288
49,234,325
1.368
1.459
1.354
-4.47%
43,830,858
30,605,878
1.432
1.433
1.246
9.08%
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-35.69%
1.81%
1.91%
Pulangan Tahunan Purata-Penanda
Aras: Indeks Syariah Emas FTSE-Bursa
Malaysia (FBMSHA)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-43.52%
0.16%
0.78%
PRUlink Funds 153

Prestasi PRUlink dana unggul
(Sejak Dimulakan)
PRUlink dana unggul berbanding Indeks Syariah Emas FTSE-Bursa Malaysia (FBMSHA)
140.00%
140.00%
120.00%
100.00%
PDU
FBMSHA
120.00%
100.00%
80.00%
80.00%
% Perubahan SI
60.00%
40.00%
60.00%
40.00%
20.00%
20.00%
0.00%
0.00%
(20.00%)
(20.00%)
(40.00%)
01 Ogos
00
30 Apr
01
31 Jan
02
31 Okt
02
31 Jul
03
30 Apr
04
31 Jan
05
31 Okt
05
31 Jul
06
30 Apr
07
31 Jan
08
31 Okt
08
(40.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
154 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana aman
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Sekuriti Pendapatan Tetap
- Bon/Sekuriti Korporat
- Sijil Deposit Boleh Niaga
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
75.03
0.00
24.96
1.06
(1.05)
100.00
90.30
0.00
9.60
0.99
(0.89)
100.00
85.90
0.00
13.83
1.10
(0.83)
100.00
78.05
0.00
21.18
1.51
(0.74)
100.00
74.69
0.00
24.19
1.59
(0.47)
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
38,283,839
23,329,598
1.641
1.641
1.585
2.08%
29,041,487
18,064,844
1.608
1.608
1.546
4.32%
20,417,055
13,248,366
1.541
1.550
1.456
5.81%
12,241,558
8,404,600
1.457
1.464
1.366
6.65%
8,405,962
6,155,144
1.366
1.366
1.260
8.37%
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2.08%
4.05%
5.42%
Pulangan Tahunan Purata-Penanda Aras:
Kadar FD MBB 12 bulan Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
3.69%
3.73%
3.72%
PRUlink Funds 155

Prestasi PRUlink dana aman
(Sejak Dimulakan)
PRUlink dana aman berbanding Kadar FD MBB 12 bulan Peringkat 1
100.00%
100.00%
80.00%
PDA
12M MBB T1 FD rate
80.00%
% Perubahan SI
60.00%
40.00%
60.00%
40.00%
20.00%
20.00%
0.00%
01 Ogos 00 30 Sep 01 30 Nov 02 31 Jan 04 31 Mac 05 31 Mei 06 31 Jul 07 30 Sep 08
0.00%
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
156 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana urus
Kategori
2008
%
2007
%
2006
%
2005
%
2004
%
Pelaburan dalam -
PRUlink dana unggul
PRUlink dana aman
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
64.49
35.51
0.00
-
-
100.00
75.88
24.12
-
-
-
100.00
72.30
27.70
-
0.01
(0.01)
100.00
74.05
25.95
-
-
-
100.00
72.06
27.94
-
-
-
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
57,187,777
37,664,749
1.518
2.120
1.457
-26.32%
60,515,195
29,367,478
2.061
2.084
1.669
24.90%
38,958,587
23,612,997
1.650
1.653
1.400
17.51%
22,954,606
16,349,276
1.404
1.460
1.386
-1.44%
15,197,593
10,668,454
1.425
1.425
1.266
8.14%
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-26.32%
2.64%
2.88%
Pulangan Tahunan Purata-Penanda Aras:
70% Indeks Syariah Emas FTSE-Bursa Malaysia (FBMSHA) +
30% kadar FD MBB 12 bulan Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-29.35%
1.25%
1.70%
PRUlink Funds 157

Prestasi PRUlink dana urus
(Sejak Dimulakan)
PRUlink dana urus berbanding 70% FBMSHA + 30% kadar FD MBB 12 bulan Peringkat 1
120.00%
120.00%
100.00%
80.00%
PDI
70% FBMSHA & 30%
12M MBB T1 FD rate
100.00%
80.00%
% Perubahan SI
60.00%
40.00%
20.00%
60.00%
40.00%
20.00%
0.00%
0.00%
(20.00%)
(20.00%)
(40.00%)
01 Ogos
00
01 Jun
01
01 Apr
02
01 Feb
03
01 Dis
03
01 Okt
04
01 Ogos
05
01 Jun
06
01 Apr
07
01 Feb
08
01 Dis
08
(40.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
158 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana urus II
Kategori
2008
%
2007
%
2006
%
Pelaburan dalam -
PRUlink dana unggul
PRUlink dana aman
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
76.35
23.65
0.00
-
-
100.00
83.18
16.82
-
-
-
100.00
79.43
20.57
-
0.01
(0.01)
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit(RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
6,999,181
6,834,781
1.024
1.493
0.977
-29.26%
5,176,902
3,576,334
1.448
1.462
1.146
27.91%
533,679
471,584
1.132
1.133
1.000
13.17%
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-29.26%
tiada
tiada
Pulangan Tahunan Purata-Penanda Aras: 80% Indeks
Syariah Emas FTSE-Bursa Malaysia (FBMSHA) +
20% kadar FD MBB 12 bulan Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-34.07%
tiada
tiada
PRUlink Funds 159

Prestasi PRUlink dana urus II
(Sejak Dimulakan)
PRUlink dana urus II berbanding 80% FBMSHA + 20% Kadar FD MBB 12 Bulan Peringkat1
80.00%
80.00%
60.00%
PDI2
80% FBMSHA & 20%
12M MBB T1 FD rate
60.00%
% Perubahan SI
40.00%
20.00%
40.00%
20.00%
0.00%
0.00%
(20.00%)
01 Ogos 06 30 Nov 06 31 Mac 07 31 Jul 07 30 Nov 07 31 Mac 08 31 Jul 08 30 Nov 08
(20.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
160 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink golden equity fund
Kategori
Pelaburan dalam -
PRUlink equity fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
Pulangan Tahunan Purata-Penanda Aras:
Indeks Komposit Kuala Lumpur
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2008
%
99.98
0.02
-
-
100.00
36,522,155
50,482,178
0.723
1.096
0.697
-31.27%
-31.27%
tiada
tiada
-39.33%
tiada
tiada
2007
%
99.98
0.02
-
-
100.00
35,942,944
34,143,751
1.053
1.056
1.000
5.27%
PRUlink Funds 161

Prestasi PRUlink golden equity fund
(Sejak Dimulakan)
PRUlink golden equity fund berbanding Indeks Komposit Kuala Lumpur (KLCI)
10.00%
10.00%
0.00%
0.00%
(10.00%)
(10.00%)
% Perubahan SI
(20.00%)
(20.00%)
(30.00%)
(30.00%)
(40.00%)
PGE
Index-KLCI
(40.00%)
(50.00%)
01 Nov 07 01 Jan 08 01 Mac 08 01 Mei 08 01 Jul 08 01 Sep 08 01 Nov 08
(50.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
162 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink golden bond fund
Kategori
Pelaburan dalam -
PRUlink bond fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
Jumlah Nilai Aset Bersih(RM)
Unit dalam Edaran
NAB Seunit(RM)
NAB seunit tertinggi(RM)
NAB seunit terendah(RM)
Jumlah Pulangan(+)
- Pertumbuhan Modal
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
Pulangan Tahunan Purata-Penanda Aras:
Kadar FD MBB 12 bulan Peringkat 1
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2008
%
100.00
0.00
-
-
100.00
124,566,724
121,987,834
1.021
1.096
0.697
1.94%
1.94%
tiada
tiada
3.69%
tiada
tiada
2007
%
100.00
0.00
-
-
100.00
80,078,455
79,945,383
1.002
1.002
1.000
0.17%
PRUlink Funds 163

Prestasi PRUlink golden bond fund
(Sejak Dimulakan)
PRUlink golden bond fund berbanding Kadar FD MBB 12 bulan Peringkat 1
4.50%
3.50%
PGB
12M MBB T1 FD rate
4.50%
3.50%
% Perubahan SI
2.50%
1.50%
2.50%
1.50%
0.50%
0.50%
(0.50%)
(0.50%)
(1.50%)
20 Nov 07 31 Dec 07 29 Feb 08 30 Apr 08 30 Jun 08 31 Aug 08 31 Oct 08 31 Dec 08
(1.50%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
164 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink guaranteed account
Kategori
2008
%
2007
%
2006
%
2005
%
Ekuiti
Pengguna
Pembinaan
Minyak dan Gas
Perusahaan
Kewangan
Perladangan
Kuasa
Telekomunikasi
Sekuriti Pendapatan Tetap:
- Bon Korporat/Sekuriti
- Instrumen Deposit Boleh Niaga
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
-
-
-
-
-
-
-
-
-
1.43
100.93
0.02
0.21
(2.60)
100.00
0.20
-
0.61
1.32
-
-
0.56
0.29
2.98
6.03
92.47
0.12
0.20
(1.80)
100.00
0.38
0.18
0.30
0.48
-
0.45
0.43
-
2.30
5.92
91.20
1.65
0.20
(1.27)
100.00
0.31
-
-
-
0.79
-
-
1.00
2.10
6.19
90.14
1.81
0.20
(0.44)
100.00
PRUlink Funds 165

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink guaranteed account
Kategori
2008
%
2007
%
2006
%
2005
%
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal (pulangan 1 bulan)
16,119,909
13,934,889
1.157
1.157
1.118
2.76%
17,045,589
15,141,139
1.126
1.126
1.062
4.90%
17,618,115
16,415,904
1.073
1.074
1.015
5.44%
16,797,169
16,502,755
1.018
1.021
0.994
1.78%
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2.76%
4.36%
tiada
Pulangan Tahunan Purata-Penanda Aras:
70% Indeks MSCI Asia Ex-Japan + 30%
Indeks JP Morgan Asia Credit
Tempoh
Satu tahun
Tiga tahun
Lima tahun
3.69%
3.73%
tiada
166 PRUlink Funds

Prestasi PRUlink guaranteed account
(Sejak Dimulakan)
PRUlink guaranteed account berbanding 1 MTH MBB T2 FD rate
20.00%
20.00%
15.00%
PGA
1M MBB T2 FD rate
15.00%
10.00%
10.00%
% Perubahan SI
5.00%
5.00%
0.00%
0.00%
(5.00%)
(5.00%)
(10.00%)
01 Mei 05 31 Okt 05 30 Apr 06 31 Okt 06 30 Apr 07 31 Okt 07 30 Apr 08 31 Okt 08
(10.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 167

Jadual Prestasi Perbandingan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink asia managed fund
Kategori
2008
%
2007
%
2006
%
2005
%
Pelaburan dalam -
Asian Equity Fund
Asian Bond Fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
71.85
28.14
0.99
0.14
(1.12)
100.00
71.31
27.70
2.24
0.59
(1.84)
100.00
71.79
25.41
5.32
0.63
(3.15)
100.00
54.18
18.44
54.63
13.92
(41.17)
100.00
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal (pulangan 1 bulan)
160,694,301
206,599,294
0.778
1.403
1.045
-40.70%
216,201,796
164,833,954
1.312
1.403
1.045
16.23%
52,166,017
46,228,015
1.128
1.131
0.952
12.92%
3,305,586
3,307,804
0.999
1.000
0.997
-0.07%
Pulangan Tahunan Purata -Dana(+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-40.70%
-8.01%
tiada
Pulangan Tahunan Purata-Penanda Aras:
70% Indeks MSCI Asia Ex-Japan + 30% Indeks JP Morgan Asia Credit
Tempoh
Satu tahun
Tiga tahun
Lima tahun
-37.84%
-4.89%
tiada
168 PRUlink Funds

Prestasi PRUlink asia managed fund
(Sejak Dimulakan)
PRUlink asia managed fund berbanding 70% Indeks MSCI Asia Ex-Japan + 30% Indeks JP Morgan Asia Credit
80.00%
80.00%
60.00%
PAMF
70% MSCI & 30% JP
Morgan
60.00%
40.00%
40.00%
% Perubahan SI
20.00%
20.00%
0.00%
0.00%
(20.00%)
(20.00%)
(40.00%)
30 Nov 05 31 Mac 06 31 Jul 06 30 Nov 06 31 Mac 07 31 Jul 07 30 Nov 07 31 Mac 08 31 Jul 08 30 Nov 08
(40.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 169

Sorotan Kewangan
bagi tahun kewangan berakhir 31 Disember 2008
Asian Equity Fund
Pecahan Mata Wang
Dolar Australia
Baht Thai
Dolar Hong Kong
Rupee India
Rupiah Indonesia
Ringgit Malaysia
Dolar Baru Taiwan
Peso Filipina
Dolar Singapura
Dolar AS
Won Korea
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
-
3.64
35.67
7.83
5.44
1.49
14.18
3.09
4.96
3.02
18.93
1.75
100.00
2007
%
3.00
4.22
34.71
4.63
1.13
3.22
3.02
18.06
3.47
0.36
21.19
2.99
100.00
170 PRUlink Funds

Sorotan Kewangan
bagi tahun kewangan berakhir 31 Disember 2008
Asian Equity Fund
Kategori
Ekuiti
Automobil & Komponen
Bank
Kilang Bir & Riadah & Hotel
Bangunan & Pembinaan
Kimia & Farmaseutikal
Komputer & Perisian
Operasi Terpelbagai
Peralatan Elektronik & Elektrik
Tenaga
Ekuiti
Industri Ekstraktif
Kewangan
Makanan & Tekstil & Pakaian
Insurans
Pembuatan
Bahan
Media & Penerbitan
Harta
Utiliti Awam
Hartanah
Runcit
Hak
Tembakau
Pengangkutan & Telekomunikasi
Lain-lain
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
2.07
2.79
1.15
0.96
2.30
1.45
2.67
12.98
3.24
-
4.26
19.68
2.83
2.10
5.27
0.43
1.47
8.75
1.77
1.31
4.09
-
2.42
14.27
-
98.25
1.75
100.00
2007
%
-
-
1.08
3.95
-
1.40
1.30
18.34
4.36
3.85
8.20
17.93
1.77
2.67
3.92
-
-
8.50
1.46
1.63
1.87
0.04
1.73
11.41
1.63
97.01
2.99
100.00
PRUlink Funds 171

Sorotan Kewangan
bagi tahun kewangan berakhir 31 Disember 2008
Asian Bond Fund
Pecahan Mata Wang
Dolar Hong Kong
Rupiah Indonesia
Ringgit Malaysia
Peso Filipina
Dolar AS
Won Korea
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
1.19
0.19
0.45
-
98.17
-
-
100.00
2007
%
2.06
1.04
1.69
0.52
90.34
2.97
1.38
100.00
Kategori
Sekuriti Pendapatan Tetap:
Bon Boleh Tukar
Bon Korporat
Bon Kerajaan
Berkaitan Gadai Janji
Deposit Bermasa
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
-
71.78
18.12
0.84
6.29
2.97
100.00
2007
%
1.01
81.14
10.68
0.84
4.95
1.38
100.00
172 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tempoh 11 bulan berakhir 31 Disember 2008
PRUlink asia property securities fund
Kategori
Pelaburan dalam -
Asian Property Securities Fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal (pulangan 1 bulan)
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
Pulangan Tahunan Purata-Penanda Aras: MSCI AC Asia Pacific REIT
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2008
%
99.93
0.05
0.43
(0.41)
100.00
8,928,234
16,310,978
0.547
1.022
0.483
-45.26%
-45.26%
tiada
tiada
-42.59%
tiada
tiada
PRUlink Funds 173

Prestasi PRUlink asia property securities fund
(Sejak Dimulakan)
PRUlink asia property securities fund berbanding MSCI AC Asia Pacific REIT
0.00%
0.00%
(10.00%)
(10.00%)
% Perubahan SI
(20.00%)
(30.00%)
(20.00%)
(30.00%)
(40.00%)
APSF
MSCI
(40.00%)
(50.00%)
12 Feb
08
29 Feb
08
31 Mac
08
30 Apr
08
31 Mei
08
30 Jun
08
31 Jul
08
31 Ogos
08
30 Sep
08
31 Okt
08
30 Nov
08
31 Dis
08
(50.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
174 PRUlink Funds

Sorotan Kewangan
bagi tempoh 11 bulan berakhir 31 Disember 2008
Asian Property Securities Fund
Pecahan Mata Wang
Dolar Australian
Baht Thai
Dolar Hong Kong
Ringgit Malaysia
Dolar Singapore
Yen Jepun
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
31.96
2.65
9.13
10.71
14.71
26.84
4.00
100.00
Kategori
Ekuiti:
Kilang Bir & Riadah & Hotel
Kewangan
Amanah Pelaburan
Harta
Hartanah
Runcit
Dana Mutual
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
1.28
2.74
9.54
59.54
2.91
17.35
2.65
4.00
100.00
PRUlink Funds 175

Jadual Prestasi Perbandingan
bagi tempoh 4 bulan berakhir 31 Disember 2008
PRUlink asia local bond fund
Kategori
Pelaburan dalam -
Asian local bond fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB Seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal (pulangan 1 bulan)
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
Pulangan Tahunan Purata-Penanda Aras: HSBC Customised Index Composite
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2008
%
87.61
7.00
11.75
(6.36)
100.00
878,436
762,860
1.152
1.032
0.957
15.15%
15.15%
tiada
tiada
3.07%
tiada
tiada
176 PRUlink Funds

Prestasi PRUlink asia local bond fund
(Sejak Dimulakan)
PRUlink asia local bond fund berbanding HSBC Customised Index Composite
4.00%
4.00%
3.00%
2.00%
ALBF
HSBC
3.00%
2.00%
1.00%
1.00%
% Perubahan SI
0.00%
(1.00%)
0.00%
(1.00%)
(2.00%)
(2.00%)
(3.00%)
(3.00%)
(4.00%)
(4.00%)
(5.00%)
16-Sep-08 30-Sep-08 31-Okt-08 30-Nov-08 31-Dis-08
(5.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
PRUlink Funds 177

Sorotan Kewangan
bagi tempoh 4 bulan berakhir 31 Disember 2008
Asian Local Bond Fund
Pecahan Mata Wang
Ringgit Malaysia
Dolar Singapore
US Dollar
Dolar Hong Kong
Peso Filipina
Dolar Taiwan
Baht Thai
Rupiah Indonesian
Won Korean
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
7.85
18.18
7.00
11.81
5.63
7.36
4.17
10.44
24.08
3.47
100.00
Kategori
Sekuriti Pendapatan Tetap:
Bon Korporat
Bon Kerajaan
Deposit Bermasa
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
24.80
69.16
2.57
3.47
100.00
178 PRUlink Funds

Jadual Prestasi Perbandingan
bagi tempoh 4 bulan berakhir 31 Disember 2008
PRUlink global market navigator fund
Kategori
Pelaburan dalam -
Global Market Navigator Fund
Tunai dan Deposit
Aset Lain
Jumlah Liabiliti
Jumlah
Jumlah Nilai Aset Bersih (RM)
Unit dalam Edaran
NAB seunit (RM)
NAB seunit tertinggi (RM)
NAB seunit terendah (RM)
Jumlah Pulangan (+)
- Pertumbuhan Modal (pulangan 1 bulan)
Pulangan Tahunan Purata -Dana (+)
Tempoh
Satu tahun
Tiga tahun
Lima tahun
Pulangan Tahunan Purata-Penanda Aras: Kadar FD MBB 1 Bulan Peringkat 2
Tempoh
Satu tahun
Tiga tahun
Lima tahun
2008
%
99.35
0.74
0.98
(1.07)
100.00
4,597,086
4,316,386
1.065
1.131
0.962
6.50%
6.50%
tiada
tiada
0.96%
tiada
tiada
PRUlink Funds 179

Prestasi PRUlink global market navigator fund
(Sejak Dimulakan)
PRUlink global market navigator fund berbanding Kadar FD MBB 1 Bulan Peringkat 2
8.00%
8.00%
6.00%
GMNF
1M MBB
T2 FD rate
6.00%
% Perubahan SI
4.00%
2.00%
4.00%
2.00%
0.00%
0.00%
(2.00%)
16-Sep-08 30-Sep-08 31-Okt-08 30-Nov-08 31-Dis-08
(2.00%)
+ Pulangan Dana dikira berdasarkan lima tempat perpuluhan
Harga unit Dana mungkin turun dan juga naik dan angka prestasi lepas yang ditunjukkan tidak membayangkan prestasi masa depan.
180 PRUlink Funds

Sorotan Kewangan
bagi tempoh 4 bulan berakhir 31 Disember 2008
Global Market Navigator Fund
Pecahan Mata Wang
Pound British
Dolar Singapura
Lira Turki
Dolar AS
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
13.00
5.05
3.37
76.56
2.02
100.00
Kategori
Dana Dagangan Bursa
Niaga Hadapan
Dana Mutual
Deposit Bermasa
Bill Perbendaharaan
Tunai dan Kesetaraan Tunai
Jumlah
2008
%
6.44
16.41
26.31
33.27
15.55
2.02
100.00
PRUlink Funds 181

Butir-Butir Pelaburan
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink equity fund
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Bahan Binaan
Lafarge Malayan Cement Bhd
YTL Cement Bhd
261,660
1,251,400
1,371,128
3,029,005
4,400,134
1,035,477
2,953,729
3,989,206
0.05%
0.14%
0.19%
Konglomerat
Hap Seng Consolidated
MMC Corporation Berhad
Sime Darby Berhad
YTL Corporation Berhad
645,500
1,554,500
29,132,117
4,426,106
1,937,564
2,880,040
205,768,019
21,795,605
232,381,228
1,316,131
1,623,793
152,153,551
31,341,345
186,434,820
0.06%
0.08%
7.10%
1.46%
8.70%
Pembinaan
Lingkaran Trans Kota Hldgs
Plus Expressways Bhd
Sunway Holdings Bhd
WCT Bhd
Zelan Bhd
12,201,900
9,795,600
2,694,100
2,483,083
5,888,000
24,980,434
25,191,863
4,084,981
7,141,595
9,337,999
70,736,871
22,427,727
29,319,328
1,921,227
3,790,893
5,204,238
62,663,413
1.05%
1.37%
0.09%
0.18%
0.24%
2.92%
Pengguna
Bonia Corporation Berhad
British American Tobacco Bhd
Carlsberg Brewery-Malay Bhd
QL Resources Bhd
1,077,300
626,900
223,300
2,253,200
1,167,100
23,863,805
1,289,650
3,710,269
30,030,824
1,233,526
28,019,797
807,417
5,318,318
35,379,058
0.06%
1.31%
0.04%
0.25%
1.65%
182 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink equity fund
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Kewangan
Alliance Financial Group Bhd
AMMB Holdings Bhd
Bumiputra Commerce Holdings Berhad
ECM Libra Bhd
EON Capital Bhd
Hong Leong Bank Berhad
Malayan Banking Bhd
Public Bank Bhd
Public Bank Bhd-Foreign Mkt
RHB Capital Berhad
10,531,500
19,044,700
17,712,002
1,137,450
3,161,960
5,325,600
10,123,850
10,762,300
4,985,700
10,396,000
21,527,764
48,360,009
112,656,109
-
17,951,497
28,984,894
84,165,997
76,315,438
46,057,075
38,023,972
474,042,756
19,251,666
47,247,387
104,071,119
-
10,162,792
27,280,066
51,858,814
95,665,439
43,816,824
40,722,795
440,076,904
0.90%
2.20%
4.86%
0.00%
0.47%
1.27%
2.42%
4.46%
2.04%
1.90%
20.53%
Perjudian
Berjaya Sports Toto Bhd
Genting Bhd
Resorts World Bhd
Tanjong Plc
12,418,000
22,335,600
16,728,800
4,359,600
57,913,593
104,372,906
33,513,369
64,506,157
260,306,024
59,619,215
83,005,344
37,973,439
58,237,804
238,835,802
2.78%
3.87%
1.77%
2.72%
11.14%
Perusahaan
Chemical Co Of Malaysia Berhad
PPB Group Berhad
871,300
3,032,600
2,860,268
22,946,608
25,806,875
1,925,294
28,327,274
30,252,568
0.09%
1.32%
1.41%
Media
Astro All Asia Networks Plc
Media Chinese International Ltd
Media Prima Bhd
New Straits Times Press (M)
13,242,200
7,377,017
12,896,100
1,802,000
43,981,773
5,671,623
19,035,378
4,761,392
73,450,167
29,394,029
3,778,833
14,377,656
1,764,681
49,315,198
1.37%
0.18%
0.67%
0.08%
2.30%
PRUlink Funds 183

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink equity fund
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Motor
APM Automotive Holdings Bhd
Tan Chong Motor Holdings Bhd
UMW Holdings Bhd
2,888,600
4,059,200
3,776,400
6,264,463
5,267,086
16,067,499
27,599,049
4,206,899
4,729,390
19,534,033
28,470,323
0.20%
0.22%
0.91%
1.33%
Minyak & Gas
Dialog Group Bhd
Eastern Pacific Indus Corp
Kencana Petroleum Bhd
Pantech Group Holdings Berhad
Petra Energy Bhd
Petra Perdana Berhad
Petronas Gas Bhd
Sapuracrest Petroleum Bhd
Scomi Group Bhd
Wah Seong Corp Bhd
1,017,659
1,455,300
1,845,900
6,492,000
4,696,200
6,600,000
7,946,800
1,136,700
30,633,300
2,610,200
764,918
2,345,897
2,639,170
6,788,578
15,090,533
6,336,498
72,563,345
1,690,457
38,432,753
4,816,189
151,468,340
812,599
1,315,533
2,428,769
2,738,637
5,990,416
8,286,300
78,221,306
867,693
10,307,309
2,608,576
113,577,139
0.04%
0.06%
0.11%
0.13%
0.28%
0.39%
3.65%
0.04%
0.48%
0.12%
5.30%
Perladangan
IOI Corporation Bhd
Kuala Lumpur Kepong Bhd
28,512,025
4,439,050
101,954,530
40,483,720
142,438,250
101,949,421
39,681,378
141,630,800
4.76%
1.85%
6.61%
Kuasa
Tenaga Nasional Bhd
20,991,400
167,439,011
167,439,011
131,773,514
131,773,514
6.15%
6.15%
184 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink equity fund
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Hartanah
Amfirst Real Estate Investment
Axis Reit Managers Berhad
IGB Corporation Bhd
KLCC Property Holdings Bhd
Krisassets Holdings Berhad
Krisassets Holdings Berhad - Cw11
Naim Cendera Holdings Bhd
SHL Consolidated Bhd
Starhill Reit
Sunrise Bhd
Sunway City Bhd
1,290,700
932,900
3,402,400
8,421,500
855,600
285,200
4,505,900
1,852,000
6,347,000
2,553,972
2,184,000
1,163,799
1,287,402
4,879,543
31,782,700
2,346,507
17,112
20,725,739
3,153,375
6,410,470
4,644,114
7,981,141
84,391,902
1,037,103
1,049,445
4,715,971
23,683,953
2,234,348
114,582
6,517,045
2,790,223
4,621,822
3,668,250
3,838,817
54,271,560
0.05%
0.05%
0.22%
1.10%
0.10%
0.01%
0.30%
0.13%
0.22%
0.17%
0.18%
2.53%
Teknologi
Eng Teknologi Holdings Bhd
Hong Leong Industries Bhd
Malaysian Pacific Industries
Unisem (M) Berhad
1,334,800
118,081
1,764,100
1,973,000
3,411,015
805,532
16,915,874
3,639,632
24,772,052
811,107
426,962
10,365,393
1,387,177
12,990,639
0.04%
0.02%
0.48%
0.06%
0.61%
Telekomunikasi
DIGI.Com Bhd
Measat Global Bhd
Telekom Malaysia Bhd
Time Dotcom Bhd
TM International Bhd
Vads Berhad
2,098,500
92,100
20,509,600
1,506,700
23,608,000
157,600
46,833,372
132,494
58,389,299
468,310
168,042,029
1,130,692
274,996,196
45,948,588
111,006
63,447,514
370,766
85,836,988
1,195,115
196,909,978
2.14%
0.01%
2.96%
0.02%
4.00%
0.06%
9.19%
PRUlink Funds 185

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink equity fund
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Perkayuan
Java Incorporated Berhad
Pengangkutan
Airasia Bhd
MISC Bhd
MISC Bhd-Frgn
Air
Salcon Berhad
Salcon Bhd-Wt 23/05/2014
1,502,900
11,655,500
1,701,300
5,543,100
3,767,500
1,019,750
5,125,468
5,125,468
16,993,126
14,912,350
36,475,550
68,381,026
3,481,029
-
3,481,029
762,304
762,304
10,126,368
14,610,118
46,766,913
71,503,399
1,570,392
184,363
1,754,755
0.04%
0.04%
0.47%
0.68%
2.18%
3.34%
0.07%
0.01%
0.08%
Jumlah Nilai Ekuiti
2,121,247,202
1,800,591,378
84.01%
186 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink bond fund
Sekuriti Pendapatan Tetap
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Bon Korporat
ABS Plantation Assets Bhd 6% 08/09/2014
AEON Credit Service (M) Sdn Bhd 3% 31/01/2012
Alliance Bank Malaysia Berhad Subordinated Bonds 6.09% 26/05/2011
Ambank (M) Bhd 5.23% 02/02/2018
Ambank (M) Bhd 5.2% 14/03/2018
Amislamic Bank Bhd 4.8% 21/12/2011
Bank Muamalat Malaysia Berhad 6.25% 05/09/2011
Binariang GSM Sdn Bhd 5.55% 27/12/2013
Binariang GSM Sdn Bhd 5.65% 26/12/2014
Binariang GSM Sdn Bhd 5.75% 28/12/2015
Binariang GSM Sdn Bhd 5.9% 28/12/2016
Cagamas MBS Bhd 3.63% 28/05/2010
Cagamas MBS Bhd 3.7% 29/05/2012
Cagamas MBS Bhd 5.5% 20/10/2014
Cagamas MBS Bhd 5.1% 11/12/2015
Cagamas MBS Bhd 5.8% 08/08/2018
CIMB Bank Bhd Subordinated Debt 4.9% 28/03/2018
Encorp Systembilt Sdn Bhd 0% 03/01/2012
Encorp Systembilt Sdn Bhd 0% 03/07/2012
Encorp Systembilt Sdn Bhd 0% 03/01/2016
EON Capital Bhd 6.75% 11/12/2009
F&N Capital Sdn Bhd 4.95% 12/08/2011
Hyundai Capital Services Inc 6% 24/03/2010
Hyundai Capital Services Inc 5.5% 20/05/2011
IJM Corporation Berhad 5.5% 24/02/2010
Jimah Energy Ventures Sdn Bhd 7.25% 10/05/2013
Jimah Energy Ventures Sdn Bhd 7.65% 12/11/2014
Jimah Energy Ventures Sdn Bhd 7.7% 12/05/2015
Kapar Energy Ventures Sdn Bhd 5.85% 08/07/2010
Kuala Lumpur Kepong Bhd 4% 10/05/2012
Lingkaran Trans Kota Sdn Bhd 5.45% 13/04/2018
4,299,999
4,000,000
10,000,000
10,000,000
10,000,000
13,750,000
20,600,000
4,500,000
4,500,000
4,500,000
9,500,000
4,500,000
4,500,000
3,000,000
5,000,000
9,500,000
10,000,000
5,000,000
1,250,000
3,500,000
10,000,000
10,000,000
15,000,000
25,000,000
5,000,000
9,540,000
4,200,000
3,000,000
2,750,000
2,500,000
4,750,000
4,288,174
3,802,800
10,147,000
10,000,000
10,000,000
13,790,450
21,236,303
4,534,200
4,538,745
4,543,065
9,565,930
4,500,000
4,500,000
3,000,000
5,000,000
9,500,000
10,000,000
3,281,900
742,750
798,350
10,589,000
10,041,400
15,000,000
25,000,000
5,041,600
10,196,636
4,506,180
3,215,100
2,903,450
2,500,000
4,841,628
4,469,036
3,850,351
10,276,288
9,721,085
9,699,581
13,627,856
21,164,766
4,556,944
4,522,910
4,477,165
9,444,397
4,516,812
4,495,899
3,225,176
5,235,440
10,402,060
10,051,212
4,330,395
1,053,945
2,377,634
10,206,863
10,176,109
15,030,309
24,552,558
5,058,600
10,037,197
4,487,973
3,213,394
2,819,226
2,467,808
4,661,976
0.68%
0.59%
1.57%
1.49%
1.48%
2.08%
3.24%
0.70%
0.69%
0.68%
1.44%
0.69%
0.69%
0.49%
0.80%
1.59%
1.54%
0.66%
0.16%
0.36%
1.56%
1.56%
2.30%
3.75%
0.77%
1.53%
0.69%
0.49%
0.43%
0.38%
0.71%
PRUlink Funds 187

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink bond fund
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Lingkaran Trans Kota Sdn Bhd 5.6% 15/04/2019
Lingkaran Trans Kota Sdn Bhd 5.7% 15/04/2020
Maju Expressway Sdn Bhd 4.75% 26/07/2013
Malakoff Corporation Bhd 5.883% 30/04/2014
Malakoff Corporation Bhd 5.983% 30/04/2015
Malakoff Corporation Bhd 6.682% 29/04/2022
Malayan Banking Berhad 4% 13/04/2012
Maxis Communications Berhad 4.43% 17/03/2017
Midciti Resources Sdn Bhd 7.95% 16/11/2009
Mukah Power Generation Sdn Bhd 7.8% 27/06/2017
Mukah Power Generation Sdn Bhd 8.2% 27/12/2019
Mukah Power Generation Sdn Bhd 8.3% 26/06/2020
Nilai Cipta 8% 15/10/2009
OCBC Bank (Malaysia) Berhad 4.55% 30/11/2012
Optimal Glycols Malaysia Sdn Bhd 5.3% 29/09/2011
Panglima Power Sdn Bhd 6.7% 05/03/2010
Panglima Power Sdn Bhd 6.9% 07/03/2011
Plus Expressways Bhd 6.7% 31/05/2011
Plus Expressways Bhd 0% 20/12/2013
Plus Expressways Bhd 0% 16/06/2017
Plus Expressways Bhd 0% 09/10/2020
Plus Expressways Bhd 0% 08/10/2021
Ranhill Powertron Sdn Bhd 7.1% 26/06/2015
RHB Bank Berhad 5.5% 30/11/2017
RHB Capital Berhad 6.7% 11/01/2010
RHB Capital Berhad 7.2% 11/01/2011
RHB Capital Berhad 7.15% 18/09/2012
RHB Investment Bank Berhad 5.3% 10/12/2012
Saj Holdings Sdn Bhd 7.65% 25/10/2016
Sarawak Power Generation Sdn Bhd 7.2% 26/06/2017
Sarawak Power Generation Sdn Bhd 7.3% 26/12/2017
Sime Darby Berhad 4.38% 05/02/2010
4,750,000
4,750,000
9,350,000
4,500,000
12,200,000
13,900,000
35,000,000
10,000,000
1,250,000
4,550,000
4,700,000
3,750,000
3,300,000
5,000,000
1,200,000
5,000,000
2,500,000
1,500,000
5,000,000
2,000,000
8,500,000
5,000,000
4,750,000
9,000,000
1,500,000
5,000,000
5,750,000
10,000,000
4,050,000
4,550,000
4,700,000
2,500,000
4,847,803
4,832,650
8,356,803
4,546,980
12,341,276
14,287,145
33,928,500
10,000,000
1,508,179
5,462,730
5,197,730
4,153,875
3,650,092
5,000,000
1,200,000
5,227,500
2,782,250
1,673,400
2,966,000
1,249,000
3,690,615
2,007,350
5,138,075
9,000,000
1,583,450
5,048,500
5,787,875
10,000,000
4,727,970
4,843,020
5,011,140
2,500,000
4,642,229
4,621,399
8,662,998
4,443,122
11,977,666
13,104,266
33,679,395
9,793,814
1,300,832
5,143,297
5,478,382
4,386,730
3,411,384
4,997,016
1,239,974
5,155,927
2,633,831
1,602,185
4,038,974
1,323,068
4,551,185
2,512,140
4,344,639
8,712,276
1,541,276
5,253,785
6,143,833
9,983,445
4,493,863
5,149,613
5,368,433
2,525,684
0.71%
0.71%
1.32%
0.68%
1.83%
2.00%
5.15%
1.50%
0.20%
0.79%
0.84%
0.67%
0.52%
0.76%
0.19%
0.79%
0.40%
0.24%
0.62%
0.20%
0.70%
0.38%
0.66%
1.33%
0.24%
0.80%
0.94%
1.53%
0.69%
0.79%
0.82%
0.39%
188 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink bond fund
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Sime Darby Property Berhad 5.98% 19/03/2009
SP Setia Berhad 2% 23/11/2010
SP Setia Berhad 2% 23/11/2012
State Bank Of India 4.9% 29/03/2013
Syarikat Bekalan Air Selangor 5% 20/02/2020
Syarikat Bekalan Air Selangor 5% 19/02/2021
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 3.5% 19/07/2010
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 19/07/2012
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 5.5% 29/05/2013
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 19/07/2013
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 5.6% 29/05/2014
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 18/07/2014
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 17/07/2015
Tanjung B Power Sdn Bhd 6.6% 11/05/2009
Tanjung B Power Sdn Bhd 7% 11/05/2010
Tanjung B Power Sdn Bhd 7% 11/11/2010
Tanjung B Power Sdn Bhd 7.2% 11/11/2011
Tanjung B Power Sdn Bhd 7.5% 11/05/2012
Teknologi Tenaga Perlis Consor 7.6% 11/09/2009
Teknologi Tenaga Perlis Consor 8.55% 13/09/2012
Teknologi Tenaga Perlis Consor 8.7% 13/09/2013
Tenaga Nasional Bhd 8.3% 01/10/2012
Tesco Stores (M) Sdn Bhd 4.25% 13/11/2012
YTL Power International Bhd 3% 18/04/2013
YTL Power International Bhd 5.55% 26/09/2013
Sijil Deposit Boleh Niaga
CIMB Bank - Negotiable Instrument Deposit
5,500,000
2,500,000
2,500,000
15,000,000
4,000,000
15,000,000
4,500,000
1,000,000
5,000,000
1,000,000
5,000,000
500,000
1,000,000
5,000,000
3,500,000
1,250,000
6,000,000
9,500,000
4,550,000
3,500,000
1,000,000
3,000,000
2,300,000
15,000,000
5,000,000
5,000,000
5,595,400
2,336,425
2,202,325
15,000,000
3,661,280
13,533,750
4,207,500
1,169,800
5,000,000
1,234,800
5,000,000
531,500
970,810
5,251,500
3,551,100
1,293,875
6,642,600
10,721,700
4,932,200
3,866,540
1,273,100
3,399,500
2,300,000
13,843,800
5,054,300
546,728,372
5,453,500
5,453,500
5,546,739
2,375,710
2,228,038
15,009,307
3,550,775
13,039,668
4,420,283
1,100,132
5,113,727
1,117,067
5,118,101
569,554
1,141,338
5,063,858
3,621,358
1,304,423
6,373,720
10,237,235
4,672,256
3,967,818
1,172,715
3,418,882
2,195,520
13,923,455
5,136,903
547,846,204
5,351,212
5,351,212
0.85%
0.36%
0.34%
2.29%
0.54%
1.99%
0.68%
0.17%
0.78%
0.17%
0.78%
0.09%
0.17%
0.77%
0.55%
0.20%
0.97%
1.56%
0.71%
0.61%
0.18%
0.52%
0.34%
2.13%
0.79%
83.75%
0.82%
0.82%
PRUlink Funds 189

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink bond fund
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Kuasi Kerajaan - Bon Kerajaan
Bank Pembangunan & Infrastruktur Bhd 7.5% 30/10/2025
Syarikat Prasarana Negara Bhd 4.62% 06/09/2012
Bon Kerajaan Negeri
Sovereign Capital Bhd 0% 14/08/2009
Bon Kerajaan
Silterra Capital Berhad 3.9% 06/06/2014
1,000,000
2,000,000
6,500,000
9,500,000
1,053,700
2,027,200
3,080,900
5,261,050
5,261,050
9,500,000
9,500,000
1,287,253
2,098,123
3,385,376
6,360,195
6,360,195
9,841,718
9,841,718
0.20%
0.32%
0.52%
0.97%
0.97%
1.50%
1.50%
Jumlah Nilai Bon
570,023,822
572,784,705
87.56%
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink managed fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam PRUlink equity fund
Pelaburan dalam PRUlink bond fund
252,769,618
117,478,267
508,246,186
236,595,414
466,306,864
254,844,429
64.7%
35.3%
Jumlah Nilai Pelaburan
744,841,600
721,151,293
100.0%
190 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink managed fund II
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam PRUlink equity fund
Pelaburan dalam PRUlink bond fund
42,579,550
11,269,671
96,566,549
23,775,537
78,550,328
24,447,184
76.3%
23.7%
Jumlah Nilai Pelaburan
120,342,086
102,997,512
100.0%
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana unggul
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Bahan Binaan
Lafarge Malayan Cement Bhd
YTL Cement Bhd
Konglomerat
Malaysian Resources Corp Bhd
MMC Corporation Berhad
Sime Darby Berhad
YTL Corporation Berhad
324,600
772,500
387,000
278,500
826,300
424,000
1,892,905
1,613,356
3,506,261
3,123,157
656,722
2,427,380
1,294,320
7,501,579
1,532,333
1,109,536
2,641,868
3,614,936
272,732
2,323,820
1,124,285
7,335,774
0.9%
0.6%
1.5%
2.1%
0.2%
1.3%
0.6%
4.2%
PRUlink Funds 191

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana unggul
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pembinaan
Gamuda Bhd
IJM Corp Bhd
IJM Land Berhad Warrant 1
Lingkaran Trans Kota Hldgs
Muhibbah Engineering (M) Berhad
Plus Expressways Bhd
Prinsiptek Corporation Bhd
WCT Bhd
Pengguna
Nestle (Malaysia) Berhad
Parkson Holdings Bhd
Kewangan
Syarikat Takaful Malaysia
Perusahaan
Asia File Bhd - Bonus Issue
Asia File Corp Bhd
Chemical Co Of Malaysia Berhad
PPB Group Berhad
V.S. Industry Berhad
Media
Media Chinese International Ltd
New Straits Times Press (M)
Star Publications (Malaysia)
Motor
APM Automotive Holdings Bhd
UMW Holdings Bhd
29,830
301,200
288,400
427,000
181,300
157,000
3,035,700
958,600
722,800
395,000
193,000
509,300
1,337,000
196,500
224,400
303,150
1,657,950
69,300
677,600
1,237,900
-
464,953
376,030
1,414,663
574,705
1,069,504
13,776,499
8,338,516
26,014,870
3,202,465
1,266,051
4,468,516
409,234
409,234
1,026,574
3,199,834
591,808
452,556
5,270,772
945,101
1,836,539
4,158
2,785,798
714,602
1,342,777
2,057,379
5,693
553,621
286,772
943,533
589,997
558,225
10,854,643
8,232,093
22,024,577
3,738,799
495,923
4,234,721
339,236
339,236
532,003
2,538,048
382,887
140,867
3,593,805
368,425
699,403
27,842
1,095,670
479,810
1,075,495
1,555,305
0.0%
0.3%
0.2%
0.5%
0.3%
0.3%
6.3%
4.7%
12.7%
2.1%
0.3%
2.4%
0.2%
0.2%
0.3%
1.5%
0.2%
0.1%
2.1%
0.2%
0.4%
0.0%
0.6%
0.3%
0.6%
0.9%
192 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana unggul
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Minyak & Gas
Pantech Group Holdings Berhad
Petra Energy Bhd
Petra Perdana Berhad
Petronas Dagangan Bhd
Petronas Gas Bhd
Scomi Group Bhd
Tanjung Offshore Bhd
Perladangan
Asiatic Development Berhad
IJM Plantations Bhd
IOI Corporation Bhd
Kuala Lumpur Kepong Bhd
Kuasa
Tenaga Nasional Bhd
YTL Power International Bhd
Harta
KLCC Property Holdings Bhd
Krisassets Holdings Berhad - Cw11
Naim Cendera Holdings Bhd
Sunway City Bhd
Telekomunikasi
DIGI.Com Bhd
Telekom Malaysia Bhd
Time Dotcom Bhd
TM International Bhd
Vads Berhad
450,000
500,200
589,400
413,000
191,360
2,234,971
426,700
2,835,521
2,152,800
950,000
199,100
1,300,000
226,550
1,877,032
120,800
330,700
132,400
974,060
2,279,300
1,313,100
63,600
336,600
1,576,645
3,370,332
5,752,951
155,126
417,655
4,047,569
9,691,692
25,011,971
20,431,628
6,005,500
872,405
940,710
28,250,243
530,378
-
530,378
4,501,487
3,272,721
769,473
683,369
9,227,050
3,809,349
6,867,996
9,245,436
456,202
1,811,152
22,190,135
574,015
3,617,286
5,801,535
138,964
176,826
4,265,129
9,342,989
23,916,744
14,809,586
6,443,572
481,861
795,905
22,530,923
319,901
40,958
360,860
2,865,642
3,275,951
481,625
191,495
6,814,713
2,739,368
7,051,133
4,774,337
482,293
1,927,062
16,974,193
0.3%
2.1%
3.3%
0.1%
0.1%
2.5%
5.4%
13.8%
8.5%
3.7%
0.3%
0.5%
13.0%
0.2%
0.0%
0.2%
1.6%
1.9%
0.3%
0.1%
3.9%
1.6%
4.0%
2.7%
0.3%
1.1%
9.7%
PRUlink Funds 193

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana unggul
Ekuiti
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pengangkutan
Airasia Bhd
Alam Maritim Resources Bhd
Bintulu Port Holdings Bhd
MISC Bhd
Air
Kumpulan Perangsang Selangor
Puncak Niaga Holdings Bhd
Salcon Bhd-Wt 23/05/2014
469,000
486,600
720,633
1,163,416
323,000
348,500
1,927,300
2,316,763
1,179,166
4,077,933
980,634
8,554,495
585,881
4,262,401
14,519,673
19,367,955
1,855,991
1,148,541
5,102,817
595,953
8,703,302
454,190
3,115,297
12,098,626
15,668,113
1.1%
0.7%
2.9%
0.3%
5.0%
0.3%
1.8%
6.9%
9.0%
Jumlah Nilai Ekuiti
165,146,636
137,789,804
79.3%
194 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana aman
Sekuriti Pendapatan Tetap
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Bon Korporat
ABS Plantation Assets Bhd 6% 08/09/2014
AEON Credit Service (M) Sdn Bhd 3% 31/01/2012
Amislamic Bank Bhd 4.8% 21/12/2011
Bank Muamalat Malaysia Berhad 6.25% 05/09/2011
Binariang GSM Sdn Bhd 5.55% 27/12/2013
Binariang GSM Sdn Bhd 5.65% 26/12/2014
Binariang GSM Sdn Bhd 5.75% 28/12/2015
Binariang GSM Sdn Bhd 5.9% 28/12/2016
Cagamas MBS Bhd 3.63% 28/05/2010
Cagamas MBS Bhd 3.7% 29/05/2012
Cagamas MBS Bhd 5.8% 08/08/2018
Encorp Systembilt Sdn Bhd 0% 03/01/2011
Encorp Systembilt Sdn Bhd 0% 03/01/2012
Jimah Energy Ventures Sdn Bhd 7.25% 10/05/2013
Jimah Energy Ventures Sdn Bhd 7.65% 12/11/2014
Kapar Energy Ventures Sdn Bhd 5.85% 08/07/2010
Kuala Lumpur Kepong Bhd 4% 10/05/2012
Lingkaran Trans Kota Sdn Bhd 5.45% 13/04/2018
Lingkaran Trans Kota Sdn Bhd 5.6% 15/04/2019
Lingkaran Trans Kota Sdn Bhd 5.7% 15/04/2020
Maju Expressway Sdn Bhd 4.75% 26/07/2013
Malakoff Corporation Bhd 5.883% 30/04/2014
Malakoff Corporation Bhd 5.983% 30/04/2015
Malakoff Corporation Bhd 6.682% 29/04/2022
Midciti Resources Sdn Bhd 7.95% 16/11/2009
Mukah Power Generation Sdn Bhd 7.8% 27/06/2017
Mukah Power Generation Sdn Bhd 8.2% 27/12/2019
Mukah Power Generation Sdn Bhd 8.3% 26/06/2020
Optimal Glycols Malaysia Sdn Bhd 5.3% 29/09/2011
215,000
1,000,000
1,250,000
1,400,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
300,000
550,000
460,000
800,000
250,000
1,500,000
250,000
250,000
250,000
650,000
500,000
800,000
800,000
350,000
450,000
300,000
250,000
500,000
214,409
950,700
1,250,550
1,426,348
503,800
504,305
504,785
503,470
500,000
500,000
500,000
126,570
342,705
498,364
858,320
263,950
1,500,000
254,823
255,148
254,350
584,448
505,220
809,264
823,845
413,125
540,270
331,770
276,925
500,000
223,452
962,588
1,238,896
1,438,382
506,327
502,546
497,463
497,074
501,868
499,544
547,477
273,537
476,343
483,974
854,852
256,293
1,480,685
245,367
244,328
243,232
602,240
493,680
785,421
754,202
364,233
508,678
349,684
292,449
516,656
0.6%
2.5%
3.2%
3.8%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.4%
0.7%
1.2%
1.3%
2.2%
0.7%
3.9%
0.6%
0.6%
0.6%
1.6%
1.3%
2.1%
2.0%
1.0%
1.3%
0.9%
0.8%
1.3%
PRUlink Funds 195

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana aman
Sekuriti Pendapatan Tetap
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Plus Expressways Bhd 0% 09/10/2020
Plus Expressways Bhd 6.7% 31/05/2011
Ranhill Powertron Sdn Bhd 7.1% 26/06/2015
Saj Holdings Sdn Bhd 7.65% 25/10/2016
Sarawak Power Generation Sdn Bhd 7.2% 26/06/2017
Sarawak Power Generation Sdn Bhd 7.3% 26/12/2017
Sime Darby Berhad 0% 09/06/2009
Sime Darby Berhad 4.38% 05/02/2010
Sime Darby Property Berhad 5.98% 19/03/2009
Syarikat Bekalan Air Selangor 5% 20/02/2020
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 3.5% 19/07/2010
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 5.4% 29/05/2012
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd 8.25% 17/07/2015
Tanjung B Power Sdn Bhd 7% 11/05/2010
Tanjung B Power Sdn Bhd 7% 11/11/2010
Tanjung B Power Sdn Bhd 7.2% 11/11/2011
Tanjung B Power Sdn Bhd 7.5% 11/05/2012
Teknologi Tenaga Perlis Consor 7.6% 11/09/2009
Teknologi Tenaga Perlis Consor 8.55% 13/09/2012
Tenaga Nasional Bhd 8.3% 01/10/2012
Tesco Stores (M) Sdn Bhd 4.25% 13/11/2012
Bon Kerajaan
Silterra Capital Berhad 3.9% 06/06/2014
1,500,000
500,000
250,000
950,000
450,000
300,000
1,000,000
250,000
500,000
1,000,000
500,000
650,000
250,000
240,000
250,000
900,000
500,000
450,000
700,000
500,000
200,000
500,000
651,285
557,800
270,425
1,109,030
478,980
319,860
980,055
250,000
511,925
915,320
467,500
650,000
242,697
243,504
253,775
995,410
564,300
487,800
773,308
579,900
200,000
28,000,335
500,000
500,000
803,150
534,062
228,665
1,054,116
509,302
342,666
987,578
252,568
504,249
887,694
491,143
663,202
285,334
248,322
260,885
956,058
538,802
462,091
793,564
569,814
190,915
28,205,649
517,985
517,985
2.1%
1.4%
0.6%
2.8%
1.3%
0.9%
2.6%
0.7%
1.3%
2.3%
1.3%
1.7%
0.7%
0.6%
0.7%
2.5%
1.4%
1.2%
2.1%
1.5%
0.5%
73.7%
1.35%
1.35%
Jumlah Nilai Bon
28,500,335
28,723,635
75.03%
196 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana urus
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam PRUlink dana unggul
Pelaburan dalam PRUlink dana aman
25,550,053
12,388,721
43,582,731
19,297,251
36,881,501
20,305,940
64.5%
35.5%
Jumlah Nilai Pelaburan
62,879,982
57,187,441
100.0%
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink dana urus II
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam PRUlink dana unggul
Pelaburan dalam PRUlink dana aman
3,701,957
1,008,651
6,603,697
1,619,984
5,343,775
1,655,196
76.4%
23.6%
Jumlah Nilai Pelaburan
8,223,681
6,998,972
100.0%
PRUlink Funds 197

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink golden equity fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam PRUlink equity fund
19,819,555
48,175,374
36,516,269
100.0%
Jumlah Nilai Pelaburan
48,175,374
36,516,269
100.0%
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink golden bond fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam PRUlink bond fund
57,451,721
121,650,988
124,564,682
100.0%
Jumlah Nilai Pelaburan
121,650,988
124,564,682
100.0%
198 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink guaranteed account
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Sekuriti Pendapatan Tetap
Sekuriti Korporat/Hutang
RHB Capital Berhad 6.7% 11/01/2010
Pelaburan Lain
NID 0% 01/03/2010
992,260
16,134,087
1,000,000
1,000,000
13,202,524
13,202,524
1,012,927
1,012,927
15,487,627
15,487,627
6.3%
6.3%
96.1%
96.1%
Jumlah Nilai Pelaburan
14,202,523
16,500,554
102.4%
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink asia managed fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam Asian Bond Fund
Pelaburan dalam Asian Equity Fund
1,203,198
1,779,669
49,119,820
182,287,294
45,198,397
115,462,204
28.1%
71.9%
Jumlah Nilai Pelaburan
231,407,114
160,660,601
100.0%
PRUlink Funds 199

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Equity Fund
Ekuiti
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Automobil & Komponen
Hankook Tire Co Ltd
Bank
Bumiputra-Commerce Holdings Berhad
KB Financial Group Inc
Kilang Bir & Riadah & Hotel
Ctrip.Com International -Adr
Bangunan & Pembinaan
Ivrcl Infrastructure And Projects
Suzlon Energy Ltd
Kimia & Farmaseutikal
Hengan International Group Co Ltd
Komputer & Perisian
Ncsoft Corporation
Satyam Computer Services
Operasi Terpelbagai
Hutchison Whampoa Ltd
Peralatan Elektronik & Elektrik
Advanced Semiconductor Engineering Inc
BYD Electronic Co Ltd
Hon Hai Precision Industry
LG.Display Co Ltd Par
Mediatek Inc
Samsung Electronics Co Ltd
Tata Power Co Ltd
KRW
MYR
KRW
USD
INR
INR
HKD
KRW
INR
HKD
TWD
HKD
TWD
KRW
TWD
KRW
INR
56,896.60
295,184.27
16,109.19
17,213.16
63,507.72
101,337.46
238,758.88
6,886.47
56,126.17
177,762.09
1,368,616.50
559,762.89
430,744.81
24,523.39
100,237.77
2,983.48
41,805.79
2,391,324
2,391,324
1,724,579
1,491,297
3,215,876
1,330,515
1,330,515
652,021
450,905
1,102,926
2,654,183
2,654,183
995,046
684,669
1,679,715
3,083,203
3,083,203
1,703,983
682,242
2,917,807
1,414,688
2,332,070
3,696,242
2,236,827
14,983,860
2.07%
2.07%
1.49%
1.29%
2.79%
1.15%
1.15%
0.56%
0.39%
0.96%
2.30%
2.30%
0.86%
0.59%
1.45%
2.67%
2.67%
1.48%
0.59%
2.53%
1.23%
2.02%
3.20%
1.94%
12.98%
200 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Equity Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Tenaga
China Petroleum & Chemical Corp
PTT Pcl / Foreign
SK Energy Par
Industri Ekstraktif
Bumi Resources Tbk Pt
Cnooc Ltd
Energi Mega Persada Tbk Pt
Medco Energi Internasional
Yanzhou Coal Mining Co
Kewangan
Ara Asset Management
Bangkok Bank Public Co-Foreign Reg
Bank Of China Ltd
Bank Rakyat Indonesia
BOC Hong Kong Holdings Ltd
Chinatrust Financial Holding
DBS Group Holdings Ltd
DBS Group Rts
Hana Financial Group Inc
ICICI Bank Ltd - Spon Adr
ICICI Bank Ltd
Korea Exchange Bank
Metropolitan Bank & Trust
Reliance Capital Ltd
Yuanta Financial Holdings Co
Makanan & Tekstil & Pakaian
Far Eastern Textile
HKD
THB
KRW
IDR
HKD
IDR
IDR
HKD
SGD
THB
HKD
IDR
HKD
TWD
SGD
SGD
KRW
USD
INR
KRW
PHP
INR
TWD
TWD
400,031.72
68,591.23
8,283.43
3,761,994.03
568,409.68
6,983,462.62
1,516,603.57
358,741.58
703,406.98
434,639.02
3,336,256.51
2,384,605.98
151,151.40
1,126,688.67
112,073.23
56,036.62
18,768.71
6,947.67
75,186.32
21,391.11
885,378.52
28,580.22
471,596.38
1,476,122.41
837,605
1,194,992
1,713,428
3,746,026
1,084,211
1,837,266
185,782
898,189
911,310
4,916,758
618,379
3,007,267
3,157,674
3,455,110
592,487
1,652,419
2,272,842
404,901
1,005,379
461,067
2,406,251
371,961
1,481,775
1,105,838
731,458
22,724,807
3,270,719
3,270,719
0.73%
1.03%
1.48%
3.24%
0.94%
1.59%
0.16%
0.78%
0.79%
4.26%
0.54%
2.60%
2.73%
2.99%
0.51%
1.43%
1.97%
0.35%
0.87%
0.40%
2.08%
0.32%
1.28%
0.96%
0.63%
19.68%
2.83%
2.83%
PRUlink Funds 201

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Equity Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Insurans
Ping An Insurance Group Co
Pembuatan
AAC Acoustic Technology Hold Par
Bakrie & Brother Pt
Aditya Birla Nuvo Limited
Taiwan Cement
Bahan
Sterlite Industries
Media & Penerbitan
Focus Media Holding
Harta
Yanlord Land Group Ltd
Guangzhou R&F Prop
Henderson Land Development
Wharf Holdings
Kowloon Development Co Ltd
Utiliti Awam
S1 Corporation
Hartanah
Rreef China Commercial Trust
Shui On Land Ltd
Runcit
Lotte Shopping Co
Pt Astra International
Shinsegae Co Ltd
HKD
HKD
IDR
INR
TWD
INR
USD
SGD
HKD
HKD
HKD
HKD
KRW
HKD
HKD
KRW
IDR
KRW
144,783.60
636,377.54
19,896,081.72
24,771.40
1,323,574.12
26,429.91
55,574.11
648,107.69
326,674.70
244,121.23
419,972.98
261,756.68
13,799.75
549,306.29
792,656.69
3,194.76
102,588.56
1,914.83
2,423,944
2,423,944
988,703
315,059
1,016,761
3,763,644
6,084,168
490,979
490,979
1,692,121
1,692,121
1,397,093
1,246,963
3,127,947
3,984,302
341,234
10,097,540
2,047,037
2,047,037
647,427
867,008
1,514,435
1,842,968
342,772
2,535,350
4,721,091
2.10%
2.10%
0.86%
0.27%
0.88%
3.26%
5.27%
0.43%
0.43%
1.47%
1.47%
1.21%
1.08%
2.71%
3.45%
0.30%
8.75%
1.77%
1.77%
0.56%
0.75%
1.31%
1.60%
0.30%
2.20%
4.10%
202 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Equity Fund
Mata
Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Tembakau
Huabao International Holdings
Pengangkutan & Telekomunikasi
China Cosco Holdings
China Mobile (Hong Kong) Ltd
China Unicom Hong Kong Ltd
Cosco Corp Singapore Ltd
Dacom Corp
Philippine Long Distance Telephone
Tunai dan Kesetaraan Tunai
Tunai dan Kesetaraan Tunai
HKD
HKD
HKD
HKD
SGD
KRW
PHP
1,233,676.92
916,661.16
136,639.52
975,037.64
453,253.10
42,994.70
13,564.75
2,797,932
2,797,932
2,205,817
4,746,002
4,048,334
1,037,098
2,350,329
2,087,601
16,475,180
2,017,866
2,017,866
2.42%
2.42%
1.91%
4.11%
3.51%
0.90%
2.04%
1.81%
14.27%
1.75%
1.75%
Nilai Dana Pada Akhir Tahun
Nota
Kadar penutup yang digunakan dalam terjemahan mata wang asing kepada Dolar AS dan kemudiannya kepada RM adalah seperti berikut:
115,462,204
100.00%
Mata Wang Asing
Mata Wang
USD
RM
1 Dolar Singapura
1 Dolar AS
100 Dolar Hong Kong
100 Rupee India
100 Peso Filipina
100 Dolar Taiwan
100 Baht Thai
10000 Rupiah Indonesia
10000 Won Korea
SGD
USD
HKD
INR
PHP
TWD
THB
IDR
KRW
0.6941
1.0000
12.9028
2.0525
2.1030
3.0471
2.8752
0.9174
7.9393
Nota: Asian Equity Fund disuburus oleh Prudential Asset Management (HK) Ltd .
* Ini adalah pemegangan prorata PRUlink asia managed fund dalam Asian Equity Fund. Pemegangan ini mewakili 6.7% daripada jumlah nilai Asian Equity Fund sebanyak RM1,724,057,169. Semua
pemegangan telah ditukar daripada mata wang tempatannya kepada Dolar AS dan kemudiannya kepada Ringgit Malaysia pada kadar pertukaran asing yang terdapat pada penutup hari perniagaan.
-
3.4600
-
-
-
-
-
-
-
PRUlink Funds 203

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Bond Fund
Mata
Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Bon Korporat
Public Bank Berhad 5% 20/06/2017
PTT Chemical Pcl 5.5% 24/06/2015
KT Corp 4.8750% 15/07/2015
PCCW Hkt Capital N03 Ltd 5.25% 20/07/2015
GT 2005 Bonds Bv 10.25% 21/07/2010
PT Bank Niaga 7.75% 14/07/2015
Shinhan Bank Var 15/07/2015
Sarawak International 5.5% 03/08/2015
Dah Sing Bank Ltd 5.451% 18/08/2017
Dah Sing Bank Frn 06/05/2015
SBB Capital Corp 6.62% 02/11/2015 (Perpetual)
Export-Import Bank Korea Frn 16/11/2010
Korea Ew Power 5.25% 15/11/2012
Hyundai Capital Services 5.5% 23/11/2010
Bank Of East Asia 5.625% 13/12/2015
UOB Cayman Ltd 5.796% 15/03/2016 (Perp) (Pref)
Shinhan Bank 5.75% 28/02/2016
Industrial Bank Of Korea 4% 19/05/2014
SK Telecom Co Ltd 4.25% 01/04/2011
Bank Danamon 7.65% 30/03/2014
Commerce Intl Merch Bankers 5% 15/04/2014
Public Bank Berhad 5.625% 22/09/2014
KT Corp 5.8750% 24/06/2014
Sino Forest Corp 9.125% 17/08/2011
United Overseas Bank 5.375% 03/09/2019
Mgti Finance 8.375% 15/09/2010
TM Global Incorporated 5.25% 22/09/2014
Towngas China Co Ltd 8.25% 23/09/2011
DBS Bank Ltd/Singapore Frn 15/11/2019
HanaroTelecom Inc 7% 01/02/2012
Shinhan Bank 5.663% 02/03/2035
Korea Highway Corp 5.125% 20/05/2015
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
126,534
36,153
126,534
72,305
108,458
117,496
54,229
144,611
126,534
16,269
253,069
126,534
72,305
144,611
36,153
140,995
54,229
162,687
93,093
180,763
54,229
90,382
36,153
90,382
108,458
269,337
155,456
144,611
36,153
122,015
11,750
83,151
359,003
99,031
356,817
182,496
112,579
407,829
144,477
416,049
269,258
48,972
577,907
380,894
226,683
456,759
97,569
307,342
135,095
551,950
305,737
560,552
187,934
311,219
111,246
237,668
311,470
946,473
502,687
477,788
97,569
341,960
21,140
231,561
0.79%
0.22%
0.79%
0.40%
0.25%
0.90%
0.32%
0.92%
0.60%
0.11%
1.28%
0.84%
0.50%
1.01%
0.22%
0.68%
0.30%
1.22%
0.68%
1.24%
0.42%
0.69%
0.25%
0.53%
0.69%
2.09%
1.11%
1.06%
0.22%
0.76%
0.05%
0.51%
204 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
PT Bk Intl Indo 7.75% 28/04/2015
Thai Oil Co Ltd 5.1% 09/06/2015
Natl Agri Coop Fed 5.125% 26/05/2015
ICICI Bank Ltd 7.25% 31/10/2016 (Perpetual)
Gain Silver Finance 6.375% 25/08/2016
Media Nusantara Citra Bv 10.75% 09/12/2011
Agile Property Hldgs Ltd 9% 22/09/2013
Majapahit Holding 7.75% 17/10/2016
Greentown China Holdgs 9% 08/11/2013
Parkson Retail Group 7.875% 14/11/2011
Majapahit Hldgs 7.25% 17/10/2011
Land Bank Of Philippines 7.25% 19/10/2016
PT Bank Lippo Tbk 7.375% 22/11/2016
Ciliandra Perkasa Finance Co Pt 10.75% 08/12/2011
Liu Chong Hing Bk Ltd Frn 16/12/2016
Empire Capital Resources 9.375% 15/12/2011
State Bank Of India 6.439% 28/02/2049
Sun Hung Kai Prop 5.375% 08/03/2017
Lai Fung Holdings Ltd 9.125% 04/04/2014
Woori Bank 6.208% 02/05/2037
Indo Integrated Energy B 8.5% 01/06/2012
Wing Hang Bank Ltd 6% 29/04/2049
Citic Resources Finance 6.75% 15/05/2014
IRPC Pcl 6.375% 25/05/2017
Parkson Retail Group 7.125% 30/05/2012
Majapahit 7.875% 29/06/2037
Majapahit 7.25% 28/06/2017
Blue Ocean Resources 11% 28/06/2018
Lippo KaRawaci Finance 8.875% 03/09/2011
Penerbangan Malaysia Bd 5.625% 15/03/2016
Korea South West Power 6% 25/05/2016
PSA International 5.9% 29/06/2016
Korea Midland Power Co 5.375% 02/11/2013
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
45,191
108,458
54,229
18,076
197,032
138,478
144,611
189,801
189,801
108,458
90,382
204,263
169,918
14,461
108,458
99,420
36,153
234,992
72,305
61,460
164,495
168,110
144,611
54,229
18,076
54,229
54,229
90,382
126,534
180,763
126,534
216,916
48,806
156,859
313,994
140,724
31,897
532,365
191,653
270,191
380,894
229,850
262,685
234,540
593,669
367,447
24,017
355,660
223,595
87,562
773,817
130,092
106,325
341,491
232,664
335,236
148,390
40,575
99,445
97,569
87,562
252,674
625,070
375,745
835,084
153,937
0.35%
0.69%
0.31%
0.07%
1.18%
0.42%
0.60%
0.84%
0.51%
0.58%
0.52%
1.31%
0.81%
0.05%
0.79%
0.49%
0.19%
1.71%
0.29%
0.24%
0.76%
0.51%
0.74%
0.33%
0.09%
0.22%
0.22%
0.19%
0.56%
1.38%
0.83%
1.85%
0.34%
PRUlink Funds 205

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Swire Pacific Mtn Financing Ltd 6.25% 18/04/2018
9 Dragons 7.875% 29/04/2013
DBS Bank Ltd/Singapore 5.125% 16/05/2017
National Agricultural 5.55% 23/10/2012
Wharf Finance Ltd 6.125% 06/11/2017
ICICI Bank Ltd 6.625% 03/10/2012
GS Galtex Corp 7.25% 02/07/2013
Shinsegae Co Ltd 6.125% 27/06/2011
HKCG Finance Ltd 6.25% 07/08/2018
CMHI Finance Caymans Inc 6.125% 18/06/2013
USD B Adj
Electricity Of Vietnam 9.6% 08/11/2016
Vietnam Machinery 9.2% 06/06/2017
Bankthai Pcl Frn 17/07/2016
Dev Bank Philippines 8.375% 15/09/2016 (Perp)
CFG Investment Sac 9.25% 19/12/2013
Mer Lynch Lux Mer Float 5.165% 20/12/13
Merrill Lynch Sa Frn 03/08/2011
DBS Bank Singapore 7.875% 10/08/2009
Telekom Malaysia Berhad 7.875% 01/08/2025
PCCW-Hwt Capital No2 Pccw 15/07/2013
Korea Developmernt Bank 5.75% 10/09/2013
Hutchison Wh 7.45% 08/01/2017
Hutchison Whampoa Finance Ci 7.5% 01/08/2027
Kasikornbank Pcl 8.25% 21/08/2016
Tenaga Nasional 7.5% 11/01/2025
Bangkok Bank 9.025% 15/03/2029
Oversea-Chinese Banking Corp 7.75% 06/09/2011
Petronas Capital 7.875% 22/05/2022
Hana Funding 8.748% 17/12/2012 (Perpetual)
Korea Highway Corp 4.9% 01/07/2013
Philippine Long Dist Tel 8.35% 06/03/2017
EON Bank Berhad 5.375% 21/01/2014
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
72,305
81,343
54,229
54,229
131,957
34,345
108,458
54,229
234,992
108,458
0
98,167
54,043
108,458
153,649
36,153
90,382
72,305
21,692
111,169
18,076
27,114
108,458
36,153
78,632
108,458
83,151
130,150
36,153
79,536
72,305
225,050
14,461
252,186
70,362
168,869
157,611
386,721
93,879
321,192
173,055
868,383
339,168
-
268,072
93,949
277,981
440,908
68,799
245,486
187,632
76,667
415,816
52,720
79,744
377,978
118,642
239,419
373,855
244,547
454,821
142,298
249,855
219,433
724,167
49,959
0.56%
0.16%
0.37%
0.35%
0.86%
0.21%
0.71%
0.38%
1.92%
0.75%
0.00%
0.59%
0.21%
0.62%
0.98%
0.15%
0.54%
0.42%
0.17%
0.92%
0.12%
0.18%
0.84%
0.26%
0.53%
0.83%
0.54%
1.01%
0.31%
0.55%
0.49%
1.60%
0.11%
206 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
CS First Bank Korea 7.267% 03/03/2034
Hutchison Whampoa Intl 01/11 7% 16/02/2011
Singapore Telecommunications 6.375% 01/12/2011
PCCW Hkt Capital Ltd 7.75% 15/11/2011
Cnooc Finance 2002 Ltd 6.375% 08/03/2012
Petronas Capital 7% 22/05/2012
Hutchison Whampoa Intl 03/13 6.5% 13/02/2013
Cnooc Finance 2003 Ltd 5.5% 21/05/2033
Hutchison Whampoa Intl 03/33 7.45% 24/11/2033
Hutchison Wham Intl 6.25% 24/01/2014
Bon Kerajaan
Indonesia Government Intl Bond 7.5% 15/01/2016
Republic Of Indonesia 8.5% 12/10/2035
Republic Of Philippines 7.75% 14/01/2031
Hong Kong Government 3.73% 05/06/2013
Indonesia Government 9.5% 15/06/2015
Indonesia Government Internation 7.25% 20/04/2015
Philippine Government Aid Bonds 7.5% 25/09/2024
Republic Of Philippines 6.375% 15/01/2032
Republic Of Indonesia 6.625% 17/02/2037
Republic Of Indonesia 6.875% 03/09/2017
Republic Of Indonesia 7.75% 17/01/2038
Republic Of Indonesia 6.875% 17/01/2018
Indonesia Government Internation 6.75% 10/03/2014
YTL Power International Bhd 3% 18/04/2013
KoRea Gas 4.75% 26/11/2010
Republic Of Philippines 8.75% 07/10/2016
Philippine Long Distance Telephone 11.375% 05/15/2012
Republic Of Philippines 10.625% 16/03/2025
Republic Of Philippines 9.375% 18/01/2017
Republic Of Philippines 8.875% 17/03/2015
Republic Of Philippines 9.5% 02/02/2030
Republic Of Philippines 8% 15/01/2016
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
HKD
IDR
USD
USD
USD
USD
USD
USD
USD
USD
MYR
USD
USD
USD
USD
USD
USD
USD
USD
68,690
197,032
65,075
216,916
15,003
261,203
368,757
155,728
151,841
72,305
61,460
108,458
234,992
1,084,580
307,297,607
61,640
90,382
253,069
108,458
101,227
192,061
253,069
11,750
216,916
144,611
18,076
49,710
154,553
144,611
22,595
223,243
18,980
173,497
708,247
241,383
718,630
55,179
961,219
1,269,324
536,054
492,274
244,958
32,443,928
185,005
315,222
821,204
538,833
87,185
187,682
291,807
823,080
270,191
287,203
558,206
718,006
35,369
201,361
478,760
65,671
176,081
614,965
535,378
82,089
849,662
65,671
8,188,632
0.38%
1.57%
0.53%
1.59%
0.12%
2.13%
2.81%
1.19%
1.09%
0.54%
71.78%
0.41%
0.70%
1.82%
1.19%
0.19%
0.42%
0.65%
1.82%
0.60%
0.64%
1.24%
1.59%
0.08%
0.45%
1.06%
0.15%
0.39%
1.36%
1.18%
0.18%
1.88%
0.15%
18.12%
PRUlink Funds 207

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Berkaitan Gadai Janji
Start Clo Limited Frn MBS 07/06/2011
Start Clo Limited Frn 0% 26/12/2011
Deposit Bermasa
RABO Ned N TD 05NOV08
Tunai dan Kesetaraan Tunai
Tunai dan Kesetaraan Tunai
USD
USD
USD
76,824
48,806
821,162
237,955
143,437
381,393
2,841,221
2,841,221
1,343,223
1,343,223
0.53%
0.32%
0.84%
6.29%
6.29%
2.97%
2.97%
Nilai Dana Pada Akhir Tahun
Nota
Kadar penutup yang digunakan dalam terjemahan mata wang asing kepada Dolar AS dan kemudian kepada RM adalah seperti berikut:
45,198,397
100.00%
Mata Wang Asing
Mata Wang
USD
RM
1 Dolar AS
100 Dolar Hong Kong
10000 Rupiah Indonesia
USD
HKD
IDR
1.0000
12.9028
0.9174
Nota: Asian Bond Fund diuruskan oleh Prudential Asset Management (Singapore) Ltd .
* Ini adalah pemegangan prorata PRUlink asia managed fund dalam Asian Bond Fund. Pemegangan ini mewakili 1.8% daripada jumlah nilai Asian Bond Fund sebanyak RM2,500,418,907.
Semua pemegangan telah ditukar daripada mata wang tempatannya kepada Dolar AS dan kemudian kepada Ringgit Malaysia pada kadar pertukaran asing yang terdapat pada penutup hari
perniagaan.
3.4600
-
-
208 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink asia property securities fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam Asian Property Securities Fund
516,414
14,914,950
8,923,235
99.9%
Jumlah Nilai Pelaburan
14,914,950
8,923,235
99.9%
Butir-butir Pelaburan
pada 31 Disember 2008
Asian Property Securities Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Kilang Bir & Riadah & Hotel
Regal Real Estate Investment Hkd
Kewangan
Ara Asset Managemnt Sgd
Frasers Commerical Trust
Goodman Group No Par
Amanah Pelaburan
Cambridge Industrial Trust
Japan Prime Realty Inv
Lippo-Mapletree Indonesia
Nomura Real Estate Office
HKD
SGD
SGD
AUD
SGD
JPY
SGD
JPY
262,939.52
156,547.80
76,374.05
35,659.08
197,204.64
31.16
109,431.47
17.48
113,867
113,867
137,624
43,228
63,245
244,098
130,619
251,185
81,707
387,465
850,976
1.28%
1.28%
1.54%
0.48%
0.71%
2.74%
1.46%
2.81%
0.92%
4.34%
9.54%
PRUlink Funds 209

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Property Securities Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Harta
Amfirst Real Estate Investment Trust Alue
Ascott Residence Trust
Capitacommercial Trust
Capitamall Trust Sgd1.00
CFS Retail Property Trust
Commonwealth Property Office
GPT Group
Henderson Land Development Hkd2.00
Japan Real Estate Investment
Macarthurcook Industrial Reit
Mapletree Logistics Trust
Mirvac Group
Nippon Building Fund
Prime Reit
Stockland
UOA Real Estate Investment Trust Par Myr 1
Westfield Group
Hartanah
CDL Hospitality Trusts
RREEF China Commercial Trust
Runcit
Axis Real Estate Investment Myr Par 1
Dexus Property Trust
Hektar Real Estate Investment Myr Par1
Japan Retail Fund Investment Q
Link Reit
Starhill Real Estate Investment Myr
Tower Real Estate Investment Myr Par 1
Dana Mutual
CPN Retail Growth Fund
MYR
SGD
SGD
SGD
AUD
AUD
AUD
HKD
JPY
SGD
SGD
AUD
JPY
SGD
AUD
MYR
AUD
SGD
HKD
MYR
AUD
MYR
JPY
HKD
MYR
MYR
THB
259,405.79
93,472.72
112,091.27
52,815.89
34,695.48
15,422.62
232,334.04
9,879.23
24.32
138,309.23
121,400.54
77,164.39
20.90
68,394.67
73,241.19
160,385.51
25,017.63
41,036.80
159,207.60
120,678.60
180,497.72
111,331.33
15.58
67,700.47
274,566.61
179,270.03
304,242.30
207,254
130,577
241,630
202,263
155,504
43,618
512,303
126,583
742,404
84,947
102,340
236,730
783,878
85,661
709,191
171,389
776,501
5,312,772
72,153
187,646
259,799
134,984
354,741
85,613
230,034
386,878
198,802
157,552
1,548,604
236,250
236,250
2.32%
1.46%
2.71%
2.27%
1.74%
0.49%
5.74%
1.42%
8.32%
0.95%
1.15%
2.65%
8.78%
0.96%
7.95%
1.92%
8.70%
59.54%
0.81%
2.10%
2.91%
1.51%
3.98%
0.96%
2.58%
4.34%
2.23%
1.77%
0.17%
2.65%
2.65%
210 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Property Securities Fund
Nilai
(RM) *
% daripada
Dana
Tunai dan Kesetaraan Tunai
Tunai dan Kesetaraan Tunai
Nilai Dana Pada Akhir Tahun
Nota:
Kadar penutup yang digunakan dalam terjemahan mata wang asing kepada Dolar AS dan kemudian kepada RM adalah seperti berikut:
356,868
356,868
8,923,235
4.00%
4.00%
100.00%
Mata Wang Asing
Mata Wang
USD
RM
1 Dolar Australia
1 Dolar Singapura
1 Dolar AS
100 Dolar Hong Kong
100 Baht Thai
100 Yen Jepun
0.6972
0.6941
1.0000
12.9028
2.8752
1.1031
Nota: Asian Property Securities Fund disuburus oleh Prudential Asset Management (HK) Ltd .
* Ini adalah pemegangan prorata PRUlink asia property securities fund dalam Asian Property Securities Fund.Pemegangan ini mewakili 38% daripada jumlah nilai Asian Property Securities Fund
sebanyak RM23,484,026. Semua pemegangan telah ditukar daripada mata wang tempatannya kepada Dolar AS dan kemudian kepada Ringgit Malaysia pada kadar pertukaran asing yang
terdapat pada penutup hari perniagaan.
AUD
SGD
USD
HKD
THB
JPY
-
-
3.4600
-
-
-
Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink asia local bond fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam Asian Local Bond Fund
21,040
739,698
769,704
87.6%
Jumlah Nilai Pelaburan
739,698
769,704
87.6%
PRUlink Funds 211

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Local Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Bon Korporat
9 Dragons 7.875% 29/04/2013
Agile Property Hldgs Ltd 9% 22/09/2013
Asif Global Financing XXVII 2.38% 26/02/2009
Banyan Tree Holding Ltd 5.5% 01/08/2011
Binariang GSM Sdn Bhd 5.35% 28/12/2012
Binariang GSM Sdn Bhd 5.55% 27/12/2013
Blue Ocean Resources 11% 28/06/2018
Cagamas MBS Bhd 4.17% 27/05/2022
Capitaland Treasury Ltd Frn 15/03/2011
Cathay Pacific Airways Ltd 3.82% 09/11/2011
Cathay Pacific Airways Ltd Frn 09/11/2011
Cct Mtn Pte Ltd 3.15% 01/24/2011
Cheung Kong Bond Finance Ltd 3.48% 22/04/2013
CIMB Bank Bhd 6.7% 10/07/2038
CLP Power Hk Fin Chinlp 4.75% 08/23
CLP Power Hk Financing 4.38% 11/01/2017
Electricity Of Vietnam 9.6% 08/11/2016
Erza Hldgs 5.285% 08/01/2011
Export-Import Bank Korea 2.55% 20/07/2009
Fannie Mae 2.29% 19/02/2009
General Electric Capital Corp 3.03% 11/02/2013
General Electric Capital Corp 3.65% 06/04/2009
Greentown China Holdgs 9% 08/11/2013
GT 2005 Bonds Bv 10.25% 21/07/2010
Hysan (Mtm) 5.25% 11/08/2015
ICICI Bank Limited 3.92% 15/02/2012
Indo Integrated Energy B 8.5% 01/06/2012
Industrial Bank Of Korea 4% 19/05/2014
Korea Monetary Stabilization Bon 5.36% 24/08/2009
Korea Treasury Bond 5.25% 17/03/2014
Korea Trsy Bond 4.25% 10/09/2014
USD
USD
SGD
SGD
MYR
MYR
USD
MYR
SGD
SGD
SGD
SGD
HKD
MYR
HKD
HKD
USD
SGD
SGD
SGD
SGD
SGD
USD
USD
HKD
SGD
USD
USD
KRW
KRW
KRW
1,825.80
978.11
1,238.94
1,956.22
3,260.36
5,705.63
1,304.14
1,630.18
1,304.14
1,304.14
652.07
652.07
19,562.15
3,260.36
6,520.72
6,520.72
4,599.51
652.07
1,956.22
978.11
163.02
1,304.14
2,608.29
2,608.29
13,041.44
9,781.08
1,369.35
94.55
3,260,358.99
1,304,143.60
3,912,430.79
1,579
1,857
2,956
4,828
3,261
5,662
1,263
1,399
2,952
3,160
1,521
1,589
8,952
3,321
3,651
3,243
12,560
1,382
4,708
2,356
399
3,161
3,111
2,707
6,522
20,685
2,649
302
9,081
3,753
10,613
0.21%
0.24%
0.38%
0.63%
0.42%
0.74%
0.16%
0.18%
0.38%
0.41%
0.20%
0.21%
1.16%
0.43%
0.47%
0.42%
1.63%
0.18%
0.61%
0.31%
0.05%
0.41%
0.40%
0.35%
0.85%
2.69%
0.34%
0.04%
1.18%
0.49%
1.38%
212 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Local Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Malayan Banking Bhd 6.3% 25/09/2068
Mapletree Treasury 4.6% 20/08/2013
Mer Lynch Lux Mer Float 5.165% 20/12/2013
Merrill Lynch Sa Frn 03/08/2011
National Power Corp 5.875% 19/12/2016
Phillipine Govt. 10.25% 19/01/2026
Public Bank Berh Pubkbd 5.1% 22/12/2036
Swire Pacific Mtn Fin 4.08% 28/07/2011
Swire Pacific Mtn Financing 4.93% 28/03/2013
United Overseas Bank Ltd 4.1% 03/09/2019
Vietnam Machinery 9.2% 06/06/2017
Bon Kerajaan
Cct Mtn Pte Ltd 3.85% 08/20/2010
Central American Bank 4.8% 03/11/2011
City Development 5.5% 06/10
Gen Elec Cap 4.69% 02/06/2012
HK Vovt 2.03% 18/03/2013
Hong Kong Government 3.52% 05/12/2017
Hong Kong Government 3.73% 05/06/2013
Hong Kong Government 4.85% 27/06/2017
Hong Kong Government Bond 2.88% 17/06/2013
Hong Kong Government Bond 3.56% 25/06/2018
Hong Kong Government 3.27% 28/08/2023
Indonesia Government 10.25% 15/07/2027
Indonesia Government 11% 15/11/2020
Indonesia Government 15/09/2013
Indonesia Government 9.5% 15/06/2015
Indonesia Govt 9% 15/09/2018
Indonesia Recapital Bond 13.15% 15/01/2012
Indonesia Recapital Bond 13.4% 15/02/2011
Indonesia Treasury Bond 10% 15/02/2028
MYR
SGD
USD
USD
PHP
PHP
MYR
HKD
HKD
SGD
USD
SGD
HKD
SGD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
IDR
IDR
IDR
IDR
IDR
IDR
IDR
IDR
3,260.36
1,956.22
1,304.14
1,304.14
163,017.95
41,732.60
9,781.08
16,301.79
13,041.44
32.60
1,299.68
1,304.14
19,562.15
1,956.22
1,956.22
13,041.44
26,082.87
9,129.01
19,562.15
6,520.72
6,520.72
3,260.36
14,345,579.57
5,216,574.39
3,174,285.52
46,623,133.62
32,603,589.94
22,822,512.96
5,216,574.39
6,520,717.99
3,178
4,943
3,542
3,384
11,989
3,130
9,391
7,568
6,253
77
2,259
190,900
2,895
9,278
4,896
917
6,053
13,991
4,537
11,349
3,135
3,542
1,909
3,975
1,555
908
13,228
8,633
7,485
1,709
1,768
0.41%
0.64%
0.46%
0.44%
1.56%
0.41%
1.22%
0.98%
0.81%
0.01%
0.29%
24.80%
0.38%
1.21%
0.64%
0.12%
0.79%
1.82%
0.59%
1.47%
0.41%
0.46%
0.25%
0.52%
0.20%
0.12%
1.72%
1.12%
0.97%
0.22%
0.23%
PRUlink Funds 213

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Local Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Indonesia Treasury Bond 11% 15/09/2025
Indonesia Treasury Bond 11% 15/11/2014
Indonesia Treasury Bond 11.75% 15/08/2023
Indonesia Treasury Bond 12% 15/09/2011
Indonesia Treasury Bond 12% 15/10/2010
Indonesia Treasury Bond 12.5% 15/03/2013
Indonesia Treasury Bond 9.5% 15/07/2023
Korea Monetary Stab Bond 0% 09/04/2009
Korea Monetary Stab Bond 5 14/02/2009
Korea Monetary Stab Bond 5.1% 3/11/2010
Korea Monetary Stab Bond 5.41% 25/03/2010
Korea Monetary Stab Bond 5.92% 28/11/2009
Korea Monetary Stabilization Bon 5.15% 12/02/2010
Korea Monetary Stabilization Bon 5.21% 25/05/2009
Korea Monetary Stabilization Bon 5.4% 14/05/2010
Korea MSB 6.24% 12/12/2009
Korea Treasury 4.75% 10/03/2012
Korea Treasury Bond 4.75% 17/09/2013
Korea Treasury Bond 5% 09/10/2016
Korea Treasury Bond 5% 10/3/2011
Korea Treasury Bond 5.25% 03/10/2013
Korea Treasury Bond 5.255% 10/09/2012
Korea Treasury Bond 5.5% 10/03/2028
Korea Treasury Bond 5.5% 10/06/2011
Korea Treasury Bond 5.75% 10/03/2026
Korea Treasury Bond 5.75% 10/09/2018
Korean Treasury Bd 5.5% 09/17
Kuala Lumpur Kep Klkmk 4% 05/10/2012
Malaysia Government Bond 3.461% 31/07/2013
Malaysia Government Bond 4.24% 07/02/2018
Malaysia Government Bond 4.72% 30/09/2015
Malaysia Government Bond 5.094% 30/04/2014
Malaysia Government Bond 5.248% 15/09/2028
Malaysian Government 5.734% 30/07/2019
Malaysian Gov’t MGS 3.814% 02/17
Morgan Sty 3.585% 23/10/2012
IDR
IDR
IDR
IDR
IDR
IDR
IDR
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
KRW
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
SGD
6,520,717.99
28,039,087.35
16,301,794.97
18,258,010.37
10,433,148.78
47,601,241.32
3,912,430.79
3,260,358.99
1,304,143.60
3,260,358.99
1,304,143.60
6,977,168.25
586,864.62
3,260,358.99
1,304,143.60
417,325.95
4,760,124.13
5,640,421.06
6,520,717.99
2,543,080.02
2,445,269.25
3,260,358.99
195,621.54
1,825,801.04
3,325,566.17
2,282,251.30
2,432,227.81
2,282.25
3,260.36
7,824.86
606.43
3,260.36
2,608.29
1,304.14
3,260.36
1,956.22
1,926
8,574
4,997
5,839
3,338
15,420
1,032
8,821
3,599
9,145
3,667
19,637
1,638
9,035
3,674
1,176
13,405
15,800
18,370
7,176
7,056
9,348
584
5,248
10,277
7,014
7,211
2,246
3,314
8,424
663
3,593
3,147
1,597
3,373
3,859
0.25%
1.11%
0.65%
0.76%
0.43%
2.00%
0.13%
1.15%
0.47%
1.19%
0.48%
2.55%
0.21%
1.17%
0.48%
0.15%
1.74%
2.05%
2.39%
0.93%
0.92%
1.21%
0.08%
0.68%
1.34%
0.91%
0.94%
0.29%
0.43%
1.09%
0.09%
0.47%
0.41%
0.21%
0.44%
0.50%
214 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Local Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Philippine Government 7.125% 02/11/2013
Philippine Government 8.5% 03/03/2011
Philippine Government Bond 8.75% 03/03/2013
Philippine Government Bond 9.125% 04/09/2016
Philippine Govt 5.75% 21/02/2012
Philippine Government 6.625%
Philippine Government 8.375% 22/05/2015
Philippine Govt 12% 22/07/2011
Philippine Govt 5.5% 21/02/2010
Putrajaya Holdings Bhd 5.6% 13/07/2018
Rantau Abang Capital Bhd 4.3900% 15/03/2011
Singapore Government 3.125% 01/09/2022
Singapore Government 3.2% 01/03/2027
Singapore Government Bond 1.6250% 01/04/2013
Singapore Government Bond 3.25% 01/09/2020
Singapore Government Bond 3.625% 07/01/2014
Singapore Government Bond 3.75% 01/09/2016
Singapore Gov’t 4% 09/01/2018
Taiwan Government Bond 1.75% 31/03/2016
Taiwan Government Bond 2% 20/07/2013
Taiwan Government Bond 2.125% 10/11/2026
Taiwan Government Bond 2.125% 24/09/2018
Taiwan Government Bond 2.375% 14/03/2018
Taiwan Government Bond 2.375% 16/01/2013
Taiwan Government Bond 2.625% 14/08/2028
Taiwan Govt Recons 1.875% 08/09/2016
Thailand Government 4.25% 13/03/2013
Thailand Government 5% 03/12/2014
Thailand Government Bond 5.25% 13/07/2013
Thailand Government Bond 5.375% 03/12/2019
Thailand Government Bond 5.5% 13/03/2023
Thailand Government Bond 5.85% 31/03/2021
Thailand Government Bond 6.15% 07/07/2026
Thailand Governmetn Bond 5.25% 05/12/2014
Thailand Govt 13/03/2018
Woori Bank Var 03/05/2016
YTL Power International Bhd 3% 18/04/2013
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
MYR
MYR
SGD
SGD
SGD
SGD
SGD
SGD
SGD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
THB
THB
THB
THB
THB
THB
THB
THB
THB
USD
MYR
58,686.46
65,207.18
45,645.03
52,166.47
49,557.46
32,929.63
49,557.46
6,194.68
13,358.69
3,260.36
2,608.29
2,934.32
3,260.36
3,782.02
2,608.29
4,108.05
4,564.50
3,912.43
156,497.23
32,603.59
192,361.18
26,082.87
32,603.59
16,953.87
32,603.59
24,778.73
37,168.09
19,562.15
25,919.85
26,082.87
19,562.15
45,645.03
32,603.59
13,041.44
45,645.03
1,956.22
1,956.22
4,355
4,905
3,534
4,181
3,566
2,386
3,841
500
967
3,434
2,654
7,718
8,902
9,206
6,960
10,981
12,472
11,028
16,789
3,576
21,245
2,940
3,672
1,876
3,883
2,681
4,004
2,230
2,915
3,205
2,449
5,842
4,435
1,495
5,501
5,225
1,794
532,332
0.57%
0.64%
0.46%
0.54%
0.46%
0.31%
0.50%
0.06%
0.13%
0.45%
0.34%
1.00%
1.16%
1.20%
0.90%
1.43%
1.62%
1.43%
2.18%
0.46%
2.76%
0.38%
0.48%
0.24%
0.50%
0.35%
0.52%
0.29%
0.38%
0.42%
0.32%
0.76%
0.58%
0.19%
0.71%
0.68%
0.23%
69.16%
PRUlink Funds 215

Butir-butir Pelaburan
pada 31 Disember 2008
Asian Local Bond Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Deposit Bermasa
Rabo Ned N TD 05 Nov 08
SGD TD 060109
USD
SGD
3,892.87
2,608.76
13,469
6,283
19,753
1.75%
0.82%
2.57%
Tunai dan Kesetaraan Tunai
Tunai dan Kesetaraan Tunai
26,719
26,719
3.47%
3.47%
Nilai Dana Pada Akhir Tahun
Nota
Kadar penutup yang digunakan dalam terjemahan mata wang asing kepada Dolar AS dan kemudian kepada RM adalah seperti berikut:
769,704
100.00%
Mata Wang Asing
Mata Wang
USD
RM
1 Ringgit Malaysia
1 Dolar Singapura
1 Dolar AS
100 Dolar Hong Kong
100 Peso Filipina
100 Dolar Taiwan
100 Baht Thai
10000 Rupiah Indonesia
10000 Won Korea
Nota: Asian Local Bond Fund diuruskan oleh Prudential Asset Management (Singapore) Ltd .
* Ini adalah pemegangan prorata PRUlink asia local bond fund dalam Asian Local Bond Fund. Pemegangan ini mewakili 0.07% daripada jumlah nilai Asian Local Bond Fund sebanyak
RM1,180,398,081. Semua pemegangan telah ditukar daripada mata wang tempatannya kepada Dolar AS dan kemudian kepada Ringgit Malaysia pada kadar pertukaran asing yang terdapat
pada penutup hari perniagaan.
MYR
SGD
USD
HKD
PHP
TWD
THB
IDR
KRW
3.4600
0.6941
1.0000
12.9028
2.1030
3.0471
2.8752
0.9174
7.9393
-
-
3.4600
-
-
-
-
-
-
216 PRUlink Funds

Butir-butir Pelaburan
pada 31 Disember 2008
PRUlink global market navigator fund
Pelaburan
Kuantiti
Kos
(RM)
Nilai Pasaran
(RM)
% daripada
Dana
Pelaburan dalam Global Market Navigator Fund
158,409
4,346,167
4,567,291
99.4%
Jumlah Nilai Pelaburan
4,346,167
4,567,291
99.4%
Butir-butir Pelaburan
pada 31 Disember 2008
Global Market Navigator Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Dana Dagangan Bursa
Market Vectors Steel Index Fund
Niaga Hadapan
A5G9 ISE Future Index Feb 09
FTSE 100 Idx Fut Mar 09 Index Future
G H9 Comdty Future Mar 09
MSCI Sing Ix Ets Jan 09
Dana Amanah
iShare iBoxx Citigroup USD
iShares MSCI AC Far East ex-Japan
iShares S+P World ex-U.S. Property
Deposit Bermasa
Rabo Ned N TD 05 Nov 08
TD Maturing 09.01.2009
USD
TRY
GBP
GBP
SGD
USD
GBP
USD
USD
USD
6,533.49
19.22
0.89
0.27
2.19
1,375.11
2,732.37
1,874.53
136,827.00
302,395.64
294,328
294,328
153,968
196,320
168,612
230,741
749,640
482,735
228,935
489,813
1,201,483
473,421
1,046,289
1,519,710
6.44%
6.44%
3.37%
4.30%
3.69%
5.05%
16.41%
10.57%
5.01%
10.72%
26.31%
10.37%
22.91%
33.27%
PRUlink Funds 217

Butir-butir Pelaburan
pada 31 Disember 2008
Global Market Navigator Fund
Mata Wang
Pemegangan *
Nilai
(RM) *
% daripada
Dana
Bill Perbendaharaan
United States Treas Bill Disc 19/3/2009
USD
205,240.50
710,063
710,063
15.55%
15.55%
Tunai dan Kesetaraan Tunai
Tunai dan Kesetaraan Tunai
92,066
92,066
2.02%
2.02%
Nilai Dana Pada Akhir Tahun
4,567,291
100.00%
Nota
Kadar penutup yang digunakan dalam terjemahan mata wang asing kepada Dolar AS dan kemudian kepada RM adalah seperti berikut:
Mata Wang Asing
Mata Wang
USD
RM
1 Pound British
1 Dolar Singapura
1 Lira Turkish
1 Dolar AS
GBP
SGD
TRY
USD
1.4378
0.6941
0.6479
1.0000
-
-
-
3.4600
Nota: Global Market Navigator Fund disuburus oleh Prudential Asset Management (HK) Ltd .
* Ini adalah pemegangan prorata PRUlink global market navigator fund dalam Global Market Navigator Fund. Pemegangan ini mewakili 6.8% daripada jumlah nilai Global Market Navigator
Fund sebanyak RM66,760,077. Semua pemegangan telah ditukar daripada mata wang tempatannya kepada Dolar AS dan kemudian kepada Ringgit Malaysia pada kadar pertukaran asing
yang terdapat pada penutup hari perniagaan.
218 PRUlink Funds

Penyata Aset dan Liabiliti
Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink equity fund
RM
2008 2007
%
RM
%
Pelaburan
Ekuiti
1,800,591,378
84.01
2,326,265,951
93.07
Tunai dan Deposit
Tunai di bank
Deposit
11,257
368,330,000
0.00
17.18
56,221
175,140,000
0.00
7.01
Aset Cukai
12,493,948
0.57
9,820,362
0.38
Aset Lain
8,681,625
0.41
45,794,390
1.83
Jumlah Aset
2,190,108,208
102.17
2,557,076,924
102.29
Peruntukan Cukai Tertunda
(26,040,670)
(1.21)
(25,398,568)
(1.02)
Yuran Pengurusan Pelaburan
(441,245)
(0.02)
-
-
Liabiliti Lain
(20,216,652)
(0.94)
(32,073,101)
(1.28)
Jumlah Liabiliti
(46,698,567)
(2.17)
(57,471,669)
(2.29)
Nilai Aset Bersih Dana
2,143,409,641
100.00
2,499,605,255
100.00
Dana Pemegang Polisi
Modal
2,064,243,953
96.31
1,567,795,622
62.72
Pendapatan Terjana dibawa ke depan
79,165,688
3.69
931,809,633
37.28
2,143,409,641
100.00
2,499,605,255
100.00
Nilai Aset Bersih Seunit (RM)
1.845
2.685
PRUlink Funds 219

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink bond fund
RM
2008 2007
%
RM
%
Pelaburan
Sekuriti Pendapatan Tetap
572,784,705
87.56
411,013,000
83.15
Tunai dan Deposit
Tunai di bank
Deposit
4,010
78,380,000
0.00
11.98
9,490
77,320,000
0.00
15.64
Aset Lain
9,711,794
1.48
9,901,647
2.00
Jumlah Aset
660,880,509
101.02
498,244,137
100.79
Peruntukan Cukai
(5,909,403)
(0.89)
(3,370,976)
(0.68)
Peruntukan Cukai Tertunda
(495,423)
(0.08)
(572,755)
(0.11)
Yuran Pengurusan Pelaburan
(8,913)
(0.00)
-
Liabiliti Lain
(296,699)
(0.05)
-
-
Jumlah Liabiliti
(6,710,438)
(1.02)
(3,943,731)
(0.79)
Nilai Aset Bersih Dana
654,170,071
100.00
494,300,406
100.00
Dana Pemegang Polisi
Modal
580,997,338
88.81
435,753,385
88.16
Pendapatan Terjana dibawa ke depan
73,172,733
11.19
58,547,021
11.84
654,170,071
100.00
494,300,406
100.00
Nilai Aset Bersih Seunit (RM)
2.16929
2.118
220 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink managed fund
RM
2008 2007
%
RM
%
Pelaburan dalam -
PRUlink equity fund
466,306,864
64.66
592,765,859
75.82
PRUlink bond fund
254,844,429
35.34
189,046,811
24.18
Tunai di Bank
1,215
0.00
1,206
0.00
Jumlah Aset
721,152,508
100.00
781,813,876
100.00
Jumlah Liabiliti
-
-
-
-
Nilai Aset Bersih Dana
721,152,508
100.00
781,813,876
100.00
Dana Pemegang Polisi
Modal
657,730,741
91.21
528,214,453
67.56
Pendapatan Terjana dibawa ke depan
63,421,767
8.79
253,599,423
32.44
721,152,508
100.00
781,813,876
100.00
Nilai Aset Bersih Seunit (RM)
1.773
2.293
PRUlink Funds 221

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink managed fund II
RM
2008 2007
%
RM
%
Pelaburan dalam -
PRUlink equity fund
78,550,328
76.26
68,671,035
83.05
PRUlink bond fund
24,447,184
23.74
14,015,644
16.95
Jumlah Aset
102,997,512
100.00
82,686,679
100.00
Jumlah Liabiliti
-
-
-
-
Nilai Aset Bersih Dana
102,997,512
100.00
82,686,679
100.00
Dana Pemegang Polisi
Modal
121,589,835
118.05
75,063,325
90.78
Pendapatan Terjana dibawa ke depan
(18,592,323)
(18.05)
7,623,354
9.22
102,997,512
100.00
82,686,679
100.00
Nilai Aset Bersih Seunit (RM)
1.032
1.383
222 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink dana unggul
RM
2008 2007
%
RM
%
Pelaburan
Ekuiti
137,789,804
79.45
187,726,950
92.40
Tunai dan Deposit
Tunai di bank
Deposit
3,539
35,160,000
0.00
20.28
1,063
14,610,000
0.00
7.19
Aset Cukai
3,770,216
2.17
-
-
Aset Lain
1,694,250
0.98
3,169,232
1.56
Jumlah Aset
178,417,809
102.88
205,507,245
101
Peruntukan Cukai
(3,047,559)
(1.76)
(2,313,880)
(1.14)
Peruntukan Cukai Tertunda
(1,906,509)
(1.10)
-
-
Yuran Pengurusan Pelaburan
(35,471)
(0.02)
(24,966)
(0.01)
Jumlah Liabiliti
(4,989,539)
(2.88)
(2,338,846)
(1.15)
Nilai Aset Bersih Dana
173,428,270
100.00
203,168,399
100.00
Dana Pemegang Polisi
Modal
184,480,039
106.37
134,337,524
66.12
Pendapatan Terjana dibawa ke depan
(11,051,769)
(6.37)
68,830,875
33.88
173,428,270
100.00
203,168,399
100.00
Nilai Aset Bersih Seunit (RM)
1.443
2.245
PRUlink Funds 223

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink dana aman
RM
2008 2007
%
RM
%
Pelaburan
Sekuriti Pendapatan Tetap
28,723,635
75.03
26,225,126
90.30
Tunai dan Deposit
Tunai di bank
Deposit
6,245
9,550,000
0.01
24.95
9,281
2,780,000
0.03
9.57
Aset Lain
404,959
1.06
285,840
0.99
Jumlah Aset
38,684,839
101.05
29,300,247
100.89
Peruntukan Cukai
(360,591)
(0.94)
(220,066)
(0.76)
Peruntukan Cukai Tertunda
(37,802)
(0.10)
(37,503)
(0.13)
Yuran Pengurusan Pelaburan
(2,607)
(0.01)
(1,191)
(0.00)
Jumlah Liabiliti
(401,000)
(1.05)
(258,760)
(0.89)
Nilai Aset Bersih Dana
38,283,839
100.00
29,041,487
100.00
Dana Pemegang Polisi
Modal
33,999,289
88.81
25,485,882
87.76
Pendapatan Terjana dibawa ke depan
4,284,550
11.19
3,555,605
12.24
38,283,839
100.00
29,041,487
100.00
Nilai Aset Bersih Seunit (RM)
1.641
1.608
224 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink dana urus
RM
2008 2007
%
RM
%
Pelaburan dalam
PRUlink dana unggul
36,881,501
64.49
45,916,044
75.88
PRUlink dana aman
20,305,940
35.51
14,598,604
24.12
Tunai dan Deposit
336
0.00
547
0.00
Jumlah Aset
57,187,777
100.00
60,515,195
100.00
Jumlah Liabiliti
-
-
-
-
Nilai Aset Bersih Dana
57,187,777
100.00
60,515,195
100.00
Dana Pemegang Polisi
Modal
56,725,268
99.19
42,673,060
70.52
Pendapatan Terjana dibawa ke depan
462,509
0.81
17,842,135
29.48
57,187,777
100.00
60,515,195
100.00
Nilai Aset Bersih Seunit (RM)
1.518
2.061
PRUlink Funds 225

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink dana urus II
RM
2008 2007
%
RM
%
Pelaburan dalam
PRUlink dana unggul
5,343,775
76.35
4,306,374
83.18
PRUlink dana aman
1,655,196
23.65
870,528
16.82
Tunai dan Deposit
210
0.00
-
-
Jumlah Aset
6,999,181
100.00
5,176,902
100.00
Jumlah Liabiliti
-
-
-
-
Nilai Aset Bersih Dana
6,999,181
100.00
5,176,902
100.00
Dana Pemegang Polisi
Modal
8,441,824
120.61
4,706,833
90.92
Pendapatan Terjana dibawa ke depan
(1,442,643)
(20.61)
470,069
9.08
6,999,181
100.00
5,176,902
100.00
Nilai Aset Bersih Seunit (RM)
1.024
1.448
226 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink golden equity fund
RM
2008 2007
%
RM
%
Pelaburan dalam
PRUlink equity fund
36,516,269
99.98
35,936,475
99.98
Tunai dan Deposit
6,449
0.02
7,034
0.02
Jumlah Aset
36,522,718
100.00
35,943,509
100.00
Peruntukan Cukai
(563)
(0.00)
(565)
(0.00)
Jumlah Liabiliti
(563)
(0.00)
(565)
(0.00)
Nilai Aset Bersih Dana
36,522,155
100.00
35,942,944
100.00
Dana Pemegang Polisi
Modal
49,447,025
135.39
34,825,636
96.89
Pendapatan Terjana dibawa ke depan
(12,924,870)
(35.39)
1,117,308
3.11
36,522,155
100.00
35,942,944
100.00
Nilai Aset Bersih Seunit (RM)
0.723
1.053
PRUlink Funds 227

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink golden bond fund
RM
2008 2007
%
RM
%
Pelaburan dalam
PRUlink bond fund
124,564,682
100.00
80,075,831
100.00
Tunai dan Deposit
2,271
0.00
2,854
0.00
Jumlah Aset
124,566,953
100.00
80,078,685
100.00
Peruntukan Cukai
(229)
(0.00)
(230)
(0.00)
Jumlah Liabiliti
(229)
(0.00)
(230)
(0.00)
Nilai Aset Bersih Dana
124,566,724
100.00
80,078,455
100.00
Dana Pemegang Polisi
Modal
122,168,690
98.07
79,993,801
99.89
Pendapatan Terjana dibawa ke depan
2,398,034
1.93
84,654
0.11
124,566,724
100.00
80,078,455
100.00
Nilai Aset Bersih Seunit (RM)
1.021
1.002
228 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink guaranteed account
RM
2008 2007
%
RM
%
Pelaburan
Ekuiti
-
-
508,010
2.98
Sekuriti Pendapatan Tetap
Sekuriti Korporat/Hutang
1,012,927
1,012,927
6.28
1,028,448
1,028,448
6.03
Pelaburan Lain
NID 0% 01/03/2010
15,487,627
15,487,627
96.08
15,761,441
15,761,441
92.47
Tunai dan Deposit
Tunai di bank
5,462
0.04
20,683
0.12
Aset Lain
32,770
0.20
34,529
0.20
Jumlah Aset
16,538,786
102.60
17,353,111
101.80
Peruntukan Cukai
(14,306)
(0.09)
(4,159)
(0.02)
Peruntukan Cukai Tertunda
(90,235)
(0.56)
(73,693)
(0.43)
Yuran Pengurusan Pelaburan
(314,336)
(1.95)
(229,670)
(1.35)
Jumlah Liabiliti
(418,877)
(2.60)
(307,522)
(1.80)
Nilai Aset Bersih Dana
16,119,909
100.00
17,045,589
100.00
Dana Pemegang Polisi
Modal
13,610,563
84.43
14,997,297
95.03
Pendapatan Terjana dibawa ke depan
2,509,346
15.57
2,048,292
4.97
16,119,909
100.00
17,045,589
100.00
Nilai Aset Bersih Seunit (RM)
1.157
1.126
PRUlink Funds 229

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink asia managed fund
RM
2008 2007
%
RM
%
Pelaburan dalam
Asian Equity Fund
115,462,204
71.85
154,179,092
71.31
Asian Bond Fund
45,198,397
28.14
59,871,722
27.69
Tunai dan Deposit
Tunai di bank
Deposit
55,926
1,550,000
0.03
0.96
284,286
4,570,000
0.13
2.11
Aset Lain
212,692
0.14
1,281,311
0.59
Jumlah Aset
162,479,219
101.12
220,186,411
101.83
Peruntukan Cukai
(122,436)
(0.08)
(143,530)
(0.07)
Peruntukan Cukai Tertunda
(929,178)
(0.58)
(928,791)
(0.43)
Yuran Pengurusan Pelaburan
(41,304)
(0.03)
(8,807)
0.00
Liabiliti Lain
(692,000)
(0.43)
(2,903,487)
(1.34)
Jumlah Liabiliti
(1,784,918)
(1.12)
(3,984,615)
(1.84)
Nilai Aset Bersih Dana
160,694,301
100.00
216,201,796
99.99
Dana Pemegang Polisi
Modal
239,107,228
148.80
194,530,289
89.98
Pendapatan Terjana dibawa ke depan
(78,412,927)
(48.80)
21,671,507
10.02
160,964,301
100.00
216,201,796
100.00
Nilai Aset Bersih Seunit (RM)
0.778
1.312
230 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink asia property securities fund
RM
2008
%
Pelaburan dalam
Asian Property Securities Fund
Tunai di bank
Aset Lain
Jumlah Aset
Peruntukan Cukai
Peruntukan Cukai Tertunda
Yuran Pengurusan Pelaburan
Liabiliti Lain
Jumlah Liabiliti
Nilai Aset Bersih Dana
Dana Pemegang Polisi
Modal
Pendapatan Terjana dibawa ke depan
Nilai Aset Bersih Seunit (RM)
8,923,235
4,020
38,182
8,965,437
(6,603)
7,162
(4,740)
(33,022)
(37,203)
8,928,234
15,082,271
(6,154,037)
8,928,234
0.547
99.93
0.05
0.43
100.41
(0.07)
0.08
(0.05)
(0.37)
(0.41)
100.00
168.93
(68.93)
100.00
PRUlink Funds 231

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink asia local bond fund
RM
2008
%
Pelaburan dalam
Asian Local Bond Fund
Tunai di bank
Aset Lain
Amaun tertunggak dari Dana Beroperasi
Jumlah Aset
Peruntukan Cukai
Peruntukan Cukai Tertunda
Yuran Pengurusan Pelaburan
Liabiliti Lain
Jumlah Liabiliti
Nilai Aset Bersih Dana
Dana Pemegang Polisi
Modal
Pendapatan terjana dibawa ke depan
Nilai Aset Bersih Seunit (RM)
769,704
61,534
103,235
103,235
934,473
(25)
(1,209)
(150)
(54,653)
(56,037)
878,436
851,356
27,080
878,436
1.152
87.61
7.00
11.75
106.36
(0.00)
(0.14)
(0.02)
(6.20)
(6.36)
100.00
96.92
3.08
100.00
232 PRUlink Funds

Penyata Aset dan Liabiliti
pada 31 Disember 2008
PRUlink global market navigator fund
RM
2008
%
Pelaburan dalam
Global Market Navigator Fund
Tunai di bank
Aset Cukai
Aset Lain
Jumlah Aset
Peruntukan Cukai Tertunda
Yurang Pengurusan Pelaburan
Liabiliti Lain
Jumlah Liabiliti
Nilai Aset Bersih Dana
Dana Pemegang Polisi
Modal
Pendapatan Terjana dibawa ke depan
Nilai Aset Bersih Seunit (RM)
4,567,291
33,999
2,129
42,411
4,645,830
(12,276)
(1,294)
(35,174)
(48,744)
4,597,086
4,396,326
200,760
4,597,086
1.065
99.35
0.74
0.05
0.92
101.07
(0.27)
(0.03)
(0.77)
(1.07)
100.00
95.63
4.37
100.00
PRUlink Funds 233

Penyata Perubahan dalam Nilai Aset Bersih
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink equity fund
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
(Perbelanjaan)/Pendapatan Bersih
Nilai dana pada akhir tahun
2008
RM
2,499,605,255
1,009,055,589
(512,607,258)
(852,643,945)
2,143,409,641
2007
RM
1,679,978,001
846,308,768
(513,123,353)
486,441,839
2,499,605,255
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink bond fund
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan Pendapatan berbanding Perbelanjaan
Nilai dana pada akhir tahun
2008
RM
494,300,406
274,105,758
(128,861,805)
14,625,712
654,170,071
2007
RM
285,503,729
312,729,228
(119,303,848)
15,371,297
494,300,406
234 PRUlink Funds

Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink managed fund
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tahun
2008
RM
781,813,876
261,883,342
(132,367,054)
(190,177,656)
721,152,508
2007
RM
566,823,443
214,823,873
(122,332,806)
122,499,366
781,813,876
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink managed fund II
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tahun
2008
RM
82,686,679
81,274,930
(34,748,420)
(26,215,677)
102,997,512
2007
RM
13,325,295
81,498,300
(19,215,409)
7,078,493
82,686,679
PRUlink Funds 235

Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana unggul
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
(Perbelanjaan)/Pendapatan Bersih
Nilai dana pada akhir tahun
2008
RM
203,168,399
103,528,375
(53,385,860)
(79,882,644)
173,428,270
2007
RM
118,610,251
94,140,613
(52,870,905)
43,288,440
203,168,399
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana aman
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan Pendapatan berbanding Perbelanjaan
Nilai dana pada akhir tahun
2008
RM
29,041,487
16,861,321
(8,347,914)
728,945
38,283,839
2007
RM
20,417,055
17,394,859
(9,810,328)
1,039,901
29,041,487
236 PRUlink Funds

Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana urus
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tahun
2008
RM
60,515,195
27,565,451
(13,513,243)
(17,379,626)
57,187,777
2007
RM
38,958,587
25,034,627
(13,908,590)
10,430,571
60,515,195
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana urus II
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tahun
2008
RM
5,176,902
7,049,560
(3,314,569)
(1,912,712)
6,999,181
2007
RM
533,679
6,597,201
(2,395,916)
441,938
5,176,902
PRUlink Funds 237

Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink golden equity fund
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tahun
2008
RM
35,942,944
40,400,803
(25,779,414)
(14,042,178)
36,522,155
2007
RM
-
61,812,153
(26,986,517)
1,117,308
35,942,944
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink golden bond fund
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan Pendapatan berbanding Perbelanjaan
Nilai dana pada akhir tahun
2008
RM
80,078,455
50,582,239
(8,407,350)
2,313,380
124,566,724
2007
RM
-
79,993,801
-
84,654
80,078,455
238 PRUlink Funds

Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink guaranteed account
Nilai aset bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan Pendapatan berbanding Perbelanjaan
Nilai dana pada akhir tahun
2008
RM
17,045,589
-
(1,386,734)
461,054
16,119,909
2007
RM
17,618,115
-
(1,419,663)
847,137
17,045,589
Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink asia managed fund
Nilai Aset Bersih pada awal tahun
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tahun
2008
RM
216,201,796
53,583,788
(9,006,849)
(100,084,434)
160,694,301
2007
RM
52,166,017
151,304,020
(4,614,499)
17,346,258
216,201,796
PRUlink Funds 239

Penyata Perubahan dalam Nilai Aset Bersih
bagi tempoh 11 bulan berakhir 31 Disember 2008
PRUlink asia property securities fund
2008
RM
Nilai Aset Bersih pada awal tempoh
Amaun diterima daripada unit yang dibentuk
Amaun dibayar bagi unit yang dibatalkan
Lebihan (Perbelanjaan) berbanding Pendapatan
Nilai dana pada akhir tempoh
-
16,414,035
(1,331,764)
(6,154,037)
8,928,234
Penyata Perubahan dalam Nilai Aset Bersih
bagi tempoh 4 bulan berakhir 31 Disember 2008
PRUlink asia local bond fund
2008
RM
Nilai Aset Bersih pada awal tempoh
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan Pendapatan berbanding Perbelanjaan
Nilai dana pada akhir tempoh
-
983,115
(131,759)
27,080
878,436
240 PRUlink Funds

Penyata Perubahan dalam Nilai Aset Bersih
bagi tempoh 4 bulan berakhir 31 Disember 2008
PRUlink global market navigator fund
2008
RM
Nilai Aset Bersih pada awal tempoh
Amaun diterima daripada unit yang dibentuk
Amaun dibayar untuk unit yang dibatalkan
Lebihan Pendapatan berbanding Perbelanjaan
Nilai dana pada akhir tempoh
-
6,917,200
(2,520,874)
200,760
4,597,086
PRUlink Funds 241

Penyata Pendapatan dan Perbelanjaan
Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink equity fund
Pendapatan Pelaburan Bersih
Pendapatan faedah
Pendapatan dividen
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Pendapatan Lain
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
(Perbelanjaan)/Pendapatan Bersih
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
242 PRUlink Funds
2008
RM
103,407,355
12,326,459
91,080,896
85,726,602
85,726,602
-
305,558
189,439,515
(34,137,604)
(61,618,807)
(61,618,807)
(929,381,394)
(16,902,218)
(43,437)
(1,042,083,460)
(852,643,945)
931,809,633
79,165,688
2007
RM
93,305,705
6,005,420
87,300,285
178,684,977
178,684,977
284,324,528
-
556,315,210
(31,777,110)
(6,659,337)
(6,659,337)
-
(31,416,815)
(20,109)
(69,873,371)
486,441,839
445,367,794
931,809,633

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink bond fund
Pendapatan Pelaburan Bersih
Pendapatan faedah
Keuntungan atas Penjualan
Sekuriti
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan Pendapatan berbanding Perbelanjaan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
29,415,189
29,415,189
225,000
225,000
29,640,189
(2,890,046)
(99,708)
(99,708)
(9,613,695)
(2,264,635)
(146,393)
(15,014,477)
14,625,712
58,547,021
73,172,733
2007
RM
18,850,657
18,850,657
2,007,665
2,007,665
20,858,322
(1,908,966)
-
(2,137,136)
(1,434,436)
(6,487)
(5,487,025)
15,371,297
43,175,724
58,547,021
PRUlink Funds 243

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink managed fund
Pendapatan Pelaburan Bersih
Rebat Yuran
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Jumlah Perbelanjaan
Lebihan (Perbelanjaan) berbanding Pendapatan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
8,943,124
8,943,124
16,497,385
16,497,385
-
25,440,509
(11,097,698)
(1,281,730)
(1,281,730)
(203,238,737)
(215,618,165)
(190,177,656)
253,599,423
63,421,767
2007
RM
8,557,562
8,557,562
36,957,890
36,957,890
87,303,058
132,818,510
(10,319,144)
-
-
-
(10,319,144)
122,499,366
131,100,057
253,599,423
244 PRUlink Funds

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink managed fund II
Pendapatan Pelaburan Bersih
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Jumlah Perbelanjaan
Lebihan (Perbelanjaan) berbanding Pendapatan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
1,185,622
403,351
403,351
-
1,588,973
(1,180,964)
(2,871,971)
(2,871,971)
(23,751,715)
(27,804,650)
(26,215,677)
7,623,354
(18,592,323)
2007
RM
647,925
1,198,869
1,198,869
5,871,748
7,718,542
(640,049)
-
-
-
(640,049)
7,078,493
544,861
7,623,354
PRUlink Funds 245

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana unggul
Pendapatan Pelaburan Bersih
Pendapatan faedah
Pendapatan dividen
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Peruntukan Cukai
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
(Perbelanjaan)/Pendapatan Bersih
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
246 PRUlink Funds
2008
RM
8,874,043
1,209,765
7,664,278
20,736,912
20,736,912
-
1,968,847
31,579,802
(2,711,039)
(37,803,982)
(37,803,982)
(68,765,872)
-
(2,181,553)
(111,462,446)
(79,882,644)
68,830,875
(11,051,769)
2007
RM
6,532,368
482,182
6,050,186
19,066,540
19,066,540
22,952,914
-
48,551,822
(2,466,096)
-
-
-
(2,774,840)
(22,446)
(5,263,382)
43,288,440
25,542,435
68,830,875

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana aman
Pendapatan Pelaburan Bersih
Pendapatan faedah
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian Modal yang Belum Direalisasikan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan Pendapatan berbanding Perbelanjaan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
1,698,613
1,698,613
42
42
10,945
1,709,600
(166,137)
(657,173)
(138,035)
(19,310)
(980,655)
728,945
3,555,605
4,284,550
2007
RM
1,281,137
1,281,137
8,405
8,405
-
1,289,542
(129,915)
(24,975)
(90,145)
(4,606)
(249,641)
1,039,901
2,515,704
3,555,605
PRUlink Funds 247

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana urus
Pendapatan Pelaburan Bersih
Rebat Yuran
Keuntungan ke atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian ke atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Jumlah Perbelanjaan
(Perbelanjaan)/Pendapatan Bersih
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
684,728
684,728
977,576
977,576
-
1,662,304
(855,591)
(458,374)
(458,374)
(17,727,965)
(19,041,930)
(17,379,626)
17,842,135
462,509
2007
RM
630,624
630,624
3,491,609
3,491,609
7,070,945
11,193,178
(762,607)
-
-
-
(762,607)
10,430,571
7,411,564
17,842,135
248 PRUlink Funds

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink dana urus II
Pendapatan Pelaburan Bersih
Rebat Yuran
Keuntungan ke atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian ke atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Jumlah Perbelanjaan
Lebihan (Perbelanjaan) berbanding Pendapatan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
74,220
74,220
29,070
29,070
-
103,290
(74,170)
(372,690)
(372,690)
(1,569,142)
(2,016,002)
(1,912,712)
470,069
(1,442,643)
2007
RM
38,004
38,004
120,104
120,104
321,143
479,251
(37,313)
-
-
-
(37,313)
441,938
28,131
470,069
PRUlink Funds 249

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink golden equity fund
Pendapatan Pelaburan Bersih
Pendapatan faedah
Rebat yuran
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Kerugian Modal yang Belum Direalisasikan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan (Perbelanjaan) berbanding Pendapatan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
566,166
-
566,166
58,070
58,070
-
624,236
(561,467)
(1,497,041)
(1,497,041)
(12,607,324)
-
(582)
(14,666,414)
(14,042,178)
1,117,308
(12,924,870)
2007
RM
43,535
7,060
36,475
163,348
163,348
948,218
1,155,101
(37,202)
-
-
-
(565)
(26)
(37,793)
1,117,308
-
1,117,308
250 PRUlink Funds

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink golden bond fund
Pendapatan Pelaburan Bersih
Pendapatan faedah
Rebat yuran
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan Pendapatan berbanding Perbelanjaan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
542,428
-
542,428
10,926
10,926
2,811,740
3,365,094
(1,049,237)
(1,894)
(1,894)
-
(583)
(1,051,714)
2,313,380
84,654
2,398,034
2007
RM
23,018
2,875
20,143
-
-
101,954
124,972
(40,068)
-
-
(230)
(20)
(40,318)
84,654
-
84,654
PRUlink Funds 251

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink guaranteed account
Pendapatan Pelaburan Bersih
Pendapatan faedah
Pendapatan dividen
Keuntungan atas Penjualan
Sekuriti
Kentungan Modal yang Belum Direalisasikan
Pendapatan Lain
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian atas Penjualan
Sekuriti
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan Pendapatan berbanding Perbelanjaan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
96,473
66,994
29,479
161,537
161,537
465,072
6,528
729,610
(84,891)
(148,292)
(148,292)
(28,017)
(7,356)
(268,556)
461,054
2,048,292
2,509,346
2007
RM
102,477
71,182
31,295
202,493
202,493
615,343
44,674
964,987
(88,788)
-
-
(23,550)
(5,512)
(117,850)
847,137
1,201,155
2,048,292
252 PRUlink Funds

Penyata Pendapatan dan Perbelanjaan
bagi tahun kewangan berakhir 31 Disember 2008
PRUlink asia managed fund
Pendapatan Pelaburan Bersih
Pendapatan faedah
Lain-lain
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Peruntukan Cukai
Keuntungan atas Penjualan
Sekuriti
Keuntungan Modal yang Belum Direalisasikan
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan (Perbelanjaan) berbanding Pendapatan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2008
RM
(267,043)
39,879
(306,922)
1,367,697
1,367,697
-
1,100,654
(2,727,608)
(20,708)
(4,159,175)
(4,159,175)
(94,050,322)
(227,275)
(101,185,088)
(100,084,434)
21,671,507
(78,412,927)
2007
RM
(228,445)
107,080
(335,525)
2,041,867
2,041,867
18,350,179
20,163,601
(1,901,597)
(878,253)
-
-
-
(37,493)
(2,817,343)
17,346,258
4,325,249
21,671,507
PRUlink Funds 253

Penyata Pendapatan dan Perbelanjaan
bagi tempoh 11 bulan berakhir 31 Disember 2008
PRUlink asia property securities fund
2008
RM
Pendapatan Pelaburan Bersih
Pendapatan faedah
Lain-lain
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Kerugian Modal yang Belum Direalisasikan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan (Perbelanjaan) berbanding Pendapatan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
(32,401)
7,239
(39,640)
(32,401)
(120,356)
(5,991,716)
559
(10,123)
(6,121,636)
(6,154,037)
-
(6,154,037)
254 PRUlink Funds

Penyata Pendapatan dan Perbelanjaan
bagi tempoh 4 bulan berakhir 31 Disember 2008
PRUlink asia local bond fund
2008
RM
Pendapatan Pelaburan Bersih
Pendapatan faedah
Lain-lain
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Peruntukan Cukai
Perbelanjaan Lain
Caj Bank
Jumlah Perbelanjaan
Lebihan Pendapatan berbanding Perbelanjaan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
336
767
(431)
30,186
30,522
(1,360)
(1,234)
(848)
(848)
(3,442)
27,080
-
27,080
PRUlink Funds 255

Penyata Pendapatan dan Perbelanjaan
bagi tempoh 4 bulan berakhir 31 Disember 2008
PRUlink global market navigator fund
2008
RM
Pendapatan Pelaburan Bersih
Pendapatan faedah
Lain-lain
Keuntungan Modal yang Belum Direalisasikan
Jumlah Pendapatan
Yuran Pengurusan Pelaburan
Peruntukan Cukai
Perbelanjaan Lain
Jumlah Perbelanjaan
Lebihan Pendapatan berbanding Perbelanjaan
Pendapatan Terjana dihantar ke depan
Pendapatan Terjana dibawa ke depan
2,760
6,295
(3,535)
221,235
223,995
(11,670)
(10,147)
(1,418)
(23,235)
200,760
-
200,760
256 PRUlink Funds

Nota-nota kepada Penyata Kewangan
1. Ringkasan Dasar Perakaunan Penting
a. Asas Perakaunan
Penyata kewangan ini telah disediakan menurut JPI / GPI 33 – Garis Panduan mengenai
Perniagaan Berkaitan Pelaburan, diubahsuai oleh yang berikut bagi tujuan penentuan
harga unit:
i. penilaian pelaburan pada nilai pasaran dilaraskan untuk merangkumi kos perolehan
masa depan.
Ini adalah untuk memastikan penentuan harga unit yang saksama untuk pemegang
unit yang masuk, keluar dan yang tinggal;
ii. peruntukan cukai tertunda ke atas keuntungan yang belum direalisasikan
menggunakan kadar yang dikira secara aktuari sebanyak 4% dan bukannya kadar
berkanun sebanyak 8%.
Lembaga Pengarah berpendapat bahawa oleh sebab keuntungan ini akan hanya
direalisasikan pada masa depan, kadar cukai yang lebih rendah sebanyak 4% telah
digunakan bagi memastikan penentuan harga unit yang saksama untuk pemegang
unit yang masuk, keluar dan yang tinggal.
iii. aset cukai tertunda berpunca daripada perbezaan sementara atas kerugian yang
belum direalisasikan kepada pelaburan tidak dilaraskan.
b. Pelaburan
Pelaburan disebut harga dinilai pada harga penutup pasaran pada akhir tahun
kewangan.
Stok pinjaman/bon tidak disebut harga dinilai pada harga semasa yang disebut oleh
institusi kewangan.
Peningkatan atau penurunan bersih dalam nilai pelaburan yang belum direalisasikan
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 berdasarkan asas akruan.
e. Keuntungan / Kerugian daripada Jualan Pelaburan
Keuntungan 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.
g. Rebat Yuran
Ini adalah berkaitan degnan rebat yuran daripada Pengurus Dana bagi pelaburan yang
dipegang dalam PRUlink equity fund dan PRUlink bond fund untuk PRUlink managed
fund / PRUlink managed fund II / PRUlink golden equity fund / PRUlink golden bond fund
dan dalam PRUlink dana unggul dan PRUlink dana aman untuk PRUlink dana urus /
PRUlink dana urus II.
h. Tunai dan Kesetaraan Tunai
Tunai dan kesetaraan tunai terdiri daripada tunai dalam tangan dan baki dengan bank,
tidak termasuk deposit tetap dan panggil.
2. Perbelanjaan lain terdiri daripada caj bank dan caj penjaga.
3. Pada 31 Disember 2008, Dana-dana ini tidak mempunyai liabiliti atau
komitmen luar jangka.
4. Semua amaun dinyatakan dalam Ringgit Malaysia.
PRUlink Funds 257

Penyata Pengarah
Pada pendapat para Pengarah, penyata kewangan Dana PRUlink (“Dana”) yang dilaporkan
pada muka surat 219 hingga 257, yang meliputi Penyata Aset dan Liabiliti pada 31 Disember
2008 dan Penyata Pendapatan dan Perbelanjaan, dan Penyata Perubahan dalam Nilai Aset
Bersih yang berkaitan bagi tahun kewangan berakhir 31 Disember 2008, bersama notanota
kepadanya, telah dibentangkan menurut garis panduan yang dikeluarkan oleh Bank
Negara Malaysia dan JPI/GPI 33 – Garis Panduan tentang Perniagaan Berkaitan Pelaburan
serta memberi gambaran yang benar dan saksama tentang.
Ditandatangani bagi pihak Lembaga Pengarah:
_________________________________
Allen Ho Yick
_________________________________
Abdul Khalil bin Abdul Hamid
Kuala Lumpur
30 April 2009
258 PRUlink Funds

Laporan Juruaudit kepada Pemegang Unit Dana PRUlink
(No. Syarikat 107655-U)
(Diperbadankan di Malaysia)
Laporan Mengenai Penyata Kewangan
Kami telah mengaudit penyata kewangan Dana PRUlink Prudential Assurance Malaysia
Berhad, yang merangkumi Penyata Aset dan Liabiliti pada 31 Disember 2008 serta Penyata
Pendapatan dan Perbelanjaan yang berkaitan, Penyata Perubahan dalam Nilai Aset Bersih
bagi tahun yang berakhir pada tarikh itu, ringkasan dasar perakaunan penting dan notanota
penjelasan lain seperti yang dibentangkan pada halaman 219 hingga 257.
Tanggungjawab Para Pengarah Terhadap Penyata Kewangan
Para Pengarah bertanggungjawab terhadap penyediaan dan pembentangan saksama
penyata kewangan ini menurut JPI/GPI 33 – Garis Panduan Perniagaan Berkaitan Pelaburan.
Tanggungjawab ini termasuklah: merancang, melaksanakan dan mengekalkan kawalan
dalaman yang berkaitan dengan penyediaan dan pembentangan saksama penyata
kewangan ini yang bebas daripada salah nyata yang ketara, sama ada disebabkan penipuan
atau kesilapan; memilih dan menggunakan dasar perakaunan yang sesuai; dan membuat
anggaran perakaunan yang munasabah dalam keadaan itu.
Tanggungjawab Juruaudit
Tanggungjawab kami ialah untuk memberikan pendapat mengenai penyata kewangan ini
berdasarkan audit kami. Kami melaksanakan audit kami menurut piawaian pengauditan
yang diluluskan di Malaysia. Piawaian tersebut memerlukan kami mematuhi keperluan etika
serta merancang dan melaksanakan audit bagi mendapatkan kepastian yang sewajarnya
tentang sama ada penyata kewangan tersebut bebas daripada salah nyata yang ketara.
Proses pengauditan melibatkan pelaksanaan prosedur untuk mendapatkan bukti audit
mengenai amaun dan pendedahan dalam penyata kewangan. Prosedur yang dipilih
bergantung kepada pertimbangan kami, termasuk penaksiran risiko salah nyata yang
ketara dalam penyata kewangan, sama ada disebabkan oleh penipuan atau kesilapan.
Dalam membuat penafsiran risiko ini, kami menganggap kawalan dalaman sebagai relevan
dengan penyediaan dan pembentangan saksama penyata kewangan ini oleh Pengurus
bagi merancang prosedur audit yang sesuai dalam keadaan itu, tetapi bukan bagi tujuan
memberikan pendapat mengenai keberkesanan kawalan dalaman Pengurus. Proses
pengauditan juga termasuk menilai kesesuaian prinsip-prinsip perakaunan yang digunakan
dan kemunasabahan anggaran perakaunan yang dibuat oleh para Pengarah kepada
Pengurus, serta menilai pembentangan penyata kewangan secara keseluruhannya.
Kami percaya bahawa bukti audit yang telah kami peroleh adalah memadai dan wajar untuk
memberikan asas bagi menyatakan pendapat audit kami.
Pendapat
Pada pendapat kami, penyata kewangan ini telah disediakan dengan sewajarnya menurut
dasar perakaunan yang dinyatakan dalam Nota 1 kepada penyata-penyata kewangan dan
JPI/GPI 33 – Garis Panduan Perniagaan Berkaitan Pelaburan untuk memberikan gambaran
yang benar dan saksama mengenai kedudukan kewangan Dana pada 31 Disember 2008
dan mengenai prestasi kewangannya dan perubahan dalam nilai aset bersih yang berpunca
daripada pemegang unit dana-dana bagi tahun yang berakhir pada tarikh itu.
Penekanan kepada Perkara
Tanpa membataskan pendapat kami, kami ingin menarik perhatian anda kepada perkaraperkara
berikut yang berbangkit daripada audit kami pada 31 Disember 2008:
(a)
Kadar cukai yang lebih rendah digunakan bagi peruntukan liabiliti dan aset cukai
tertunda
Seperti yang dijelaskan dalam Nota 1a (ii), para Pengarah kepada Pengurus
berpendapat bahawa adalah lebih adil kepada pemegang unit jika menggunakan
kadar cukai yang lebih rendah daripada kadar cukai berkanun dalam penentuan
harga unit.
PRUlink Funds 259

(b)
Pengiktifan aset cukai tertunda
Selain daripada yang disebut di (a) seperti atas, aset cukai tertunda yang timbul
daripada perbezaan sementara ke atas kerugian yang belum direalisasikan daripada
pelaburan di segelintir dana, tidak dilaraskan pada 31 Disember 2008. Walau
bagaimanapun, ketidaklarasan ini tidak mempunyai kesan yang nyata kepada
liabiliti cukai tertunda dan asset cukai tertunda.
Kesan yang berpotensi berlaku daripada perkara-perkara di atas adalah tidak nyata terhadap
penentuan harga unit Dana masing-masing.
Perkara-perkara Lain
Laporan ini dibuat untuk pemegang unit Dana ini semata-mata, secara keseluruhan dan
bukan untuk tujuan yang lain. Kami tidak bertanggungjawab terhadap mana-mana pihak
berhubung dengan isi kandungan laporan ini.
KPMG
Nombor Firma: AF 0758
Akauntan Berkanun
Petaling Jaya
30 April 2009
260 PRUlink Funds

Prudential Assurance Malaysia Berhad (107655-U)
Level 17, Menara Prudential, No.10, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.
Tel: 03-2116 0228 Fax: 03-2032 3939 Email: customer.mys@prudential.com.my
www.prudential.com.my