INVESTMENT-LINKED FUNDS - Zurich

More documents

Recommendations

Info

FUND OBJECTIVE AND FUND PERFORMANCE AS AT 31 DECEMBER 2010 Name of Funds MAA Growth Fund MAA Balanced Fund Fund’s Investment Objectives The MAA Growth Fund is an equity fund which aims to provide capital growth over the medium to long-term through a diversified, growth-oriented portfolio. The MAA Balanced Fund is a diversified equity and bond fund which aims to provide a balanced mix of fixed income returns, as well as capital growth over the medium to long-term. Asset Allocation Malaysian Government Securities N/A Malaysian Government Securities Equities Securities 78.27% Equities Securities 51.53% Fixed Income Securities 22.98% Fixed Income Securities 48.16% Cash Equivalent 0.11% Cash Equivalent 0.09% Other Assets & Liabilities -1.36% Other Assets & Liabilities 0.22% Net Investment Returns Y/E 2006 5,002,533 Y/E 2006 1,484,802 Y/E 2007 7,436,910 Y/E 2007 2,748,475 Y/E 2008 6,516,954 Y/E 2008 2,725,725 Y/E 2009 5,533,358 Y/E 2009 3,207,741 Y/E 2010 7,232,690 Y/E 2010 4,167,181 N/A Description of charges levied Fund Management fee up to 1.5% per annum Changes of Objective, restriction & limitation during the year No change Details of distribution NAV per unit - before distribution 0.448 0.483 NAV per unit - after distribution 0.390 0.420 Future prospects and proposed strategies The performance of the Malaysian stock market in 2011 will be driven by liquidity and news flows. Valuations are supported by improving macro and micro fundamentals, though inflation will be a concern going forward. The MAA Growth Fund will continue to take a long-term investment view and invest primarily in growth stocks. The performance of the Malaysian stock market in 2011 will be driven by liquidity and news flows. Valuations are supported by improving macro and micro fundamentals, though inflation will be a concern going forward. The MAA Balanced Fund offers a balanced mix of fixed income and equity returns. Performance of relevant benchmark indices KLCI 50% KLCI + 50% FD Y/E 2006 21.80% Y/E 2006 12.80% Y/E 2007 31.80% Y/E 2007 17.80% Y/E 2008 -39.30% Y/E 2008 -17.80% Y/E 2009 45.20% Y/E 2009 23.90% Y/E 2010 19.30% Y/E 2010 11.10% ANNUAL REPORT 2010 MAA ASSURANCE INVESTMENT-LINKED FUNDS DANA BERKAITAN-PELABURAN MAA ASSURANCE 8
OBJEKTIF DANA DAN PRESTASI DANA PADA 31 DISEMBER 2010 Dana Dana MAA Growth Dana MAA Balanced Objektif Pelaburan Dana Dana MAA Growth merupakan dana ekuiti yang bersasaran menyediakan pertumbuhan modal dalam jangkamasa sederhana hingga jangkamasa panjang melalui portfolio yang pelbagai dan berorientasikan pertumbuhan. Dana MAA Balanced merupakan dana ekuiti dan bon pelbagai yang bersasaran menyediakan campuran pulangan pendapatan tetap yang seimbang, serta pertumbuhan modal dalam jangkamasa sederhana hingga jangkamasa panjang. Peruntukan Aset Sekuriti Kerajaan Malaysia N/A Sekuriti Kerajaan Malaysia Sekuriti Ekuiti 78.27% Sekuriti Ekuiti 51.53% Sekuriti Pendapatan Tetap 22.98% Sekuriti Pendapatan Tetap 48.16% Kesetaraan Tunai 0.11% Kesetaraan Tunai 0.09% Aset & Liabiliti Lain -1.36% Aset & Liabiliti Lain 0.22% Pulangan Pelaburan Bersih T/B 2006 5,002,533 T/B 2006 1,484,802 T/B 2007 7,436,910 T/B 2007 2,748,475 T/B 2008 6,516,954 T/B 2008 2,725,725 T/B 2009 5,533,358 T/B 2009 3,207,741 T/B 2010 7,232,690 T/B 2010 4,167,181 N/A Penerangan bagi caj yang dikenakan Yuran pengurusan dana sebanyak 1.5% setahun Perubahan kepada Objektif, larangan & pembatasan sepanjang tahun Tiada perubahan Maklumat pengagihan NAV seunit - sebelum pengagihan 0.448 0.483 NAV seunit - selepas pengagihan 0.390 0.420 Prospek masa depan dan strategi cadangan Prestasi pasaran saham Malaysia dalam Prestasi pasaran saham Malaysia dalam tahun 2011 akan bergantung kepada tahun 2011 akan bergantung kepada aliran mudah tunai dan berita. Penilaian aliran mudah tunai dan berita. Penilaian disokong oleh asas makro dan mikro disokong oleh asas makro dan mikro yang lebih baik, sungguhpun inflasi perlu yang lebih baik, sungguhpun inflasi perlu dipertimbangkan. Dana MAA Growth dipertimbangkan. Dana MAA Balanced akan terus membuat pelaburan jangka menawarkan campuran seimbang panjang dan melabur terutamanya dalam pulangan pendapatan tetap dan ekuiti. stok pertumbuhan. Prestasi ukur rujuk indeks yang berkaitan KLCI 50% KLCI + 50% FD T/B 2006 21.80% T/B 2006 12.80% T/B 2007 31.80% T/B 2007 17.80% T/B 2008 -39.30% T/B 2008 -17.80% T/B 2009 45.20% T/B 2009 23.90% T/B 2010 19.30% T/B 2010 11.10% LAPORAN TAHUNAN 2010 DANA BERKAITAN-PELABURAN MAA ASSURANCE MAA ASSURANCE INVESTMENT-LINKED FUNDS 9
Page 1: ANNUAL REPORT LAPORAN TAHUNAN 2010
Page 4 and 5: STATEMENT BY MANAGER MAA ASSURANCE
Page 6 and 7: INDEPENDENT AUDITORS’ REPORT TO T
Page 8 and 9: LAPORAN JURUAUDIT BERKECUALI KEPADA
Page 12 and 13: FUND OBJECTIVE AND FUND PERFORMANCE
Page 60 and 61:
FUND OBJECTIVE AND FUND PERFORMANCE
Page 62 and 63:
Page 64 and 65:
Page 66 and 67:
Page 68 and 69:
STATEMENT OF ASSETS AND LIABILITES
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
Page 78 and 79:
STATEMENT OF INCOME AND EXPANDITURE
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
STATEMENT OF CHANGES IN NET ASSET V
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
NOTES TO THE FINANCIAL STATEMENTS 3
Page 100 and 101:
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
EQUITY ALLOCATION AS AT 31 DECEMBER
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
THE PAGE IS INTENTIONALLY LEFT BLAN
Page 156:
THE PAGE IS INTENTIONALLY LEFT BLAN
show all

INVESTMENT-LINKED FUNDS - Zurich

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?