INVESTMENT-LINKED FUNDS - Zurich

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FUND OBJECTIVE AND FUND PERFORMANCE AS AT 31 DECEMBER 2010 Name of Funds MAA Dana Seri Mulia MAA Small Cap Fund Fund’s Investment Objectives The MAA Dana Seri Mulia is an Islamic bond fund which aims to provide a stable level of income with some capital growth over the medium to long-term through investments predominantly in a diversified portfolio of Syariah-compliant fixed income securities. The MAA Small Cap Fund is an equity fund which aims to provide long-term capital growth through investments in small high growth companies with a paid-up capital of up to RM300million. Asset Allocation Malaysian Government Securities 10.80% Malaysian Government Securities Equities Securities 5.83% Equities Securities 61.84% Fixed Income Securities 82.25% Fixed Income Securities 35.81% Cash Equivalent 0.46% Cash Equivalent 0.53% Other Assets & Liabilities 0.65% Other Assets & Liabilities 1.83% Net Investment Returns Y/E 2006 900,699 Y/E 2006 140,363 Y/E 2007 1,034,732 Y/E 2007 47,829 Y/E 2008 1,320,256 Y/E 2008 72,941 Y/E 2009 1,578,517 Y/E 2009 74,034 Y/E 2010 2,238,071 Y/E 2010 114,770 Description of charges levied Fund Management fee of 1.0% per annum Fund Management fee up to 1.5% per annum N/A Changes of Objective, restriction & limitation during the year No change Details of distribution NAV per unit - before distribution 0.529 N/A NAV per unit - after distribution 0.500 N/A Future prospects and proposed strategies The performance of the Malaysian bond market in 2011 will be underpinned by a positive domestic economic outlook, and improved appetite for debt papers and the local currency. The MAA Dana Seri Mulia will maintain a diversified Islamic bond portfolio to mitigate interest rate and credit risks. 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 Small Cap Fund will continue to take a long-term investment view and invest in small cap growth stocks. Performance of relevant benchmark indices 1 Year Fixed Deposits FBM Small Cap Y/E 2006 3.70% Y/E 2006 39.80% Y/E 2007 3.70% Y/E 2007 63.70% Y/E 2008 3.70% Y/E 2008 -46.60% Y/E 2009 2.60% Y/E 2009 55.10% Y/E 2010 2.80% Y/E 2010 24.20% ANNUAL REPORT 2010 MAA ASSURANCE INVESTMENT-LINKED FUNDS DANA BERKAITAN-PELABURAN MAA ASSURANCE 12
OBJEKTIF DANA DAN PRESTASI DANA PADA 31 DISEMBER 2010 Dana MAA Dana Seri Mulia Dana MAA Small Cap Objektif Pelaburan Dana MAA Dana Seri Mulia merupakan dana bon Islam yang bersasaran menyediakan pendapatan bertahap stabil serta pertumbuhan modal dalam jangkamasa sederhana hingga jangkamasa panjang terutamanya melalui pelbagai portfolio pelaburan sekuriti pendapatan tetap yang mematuhi Syariah. Dana MAA Small Cap merupaka dana ekuiti yang bersasaran menyediakan pertumbuhan modal jangkamasa panjang melalui pelaburan dalam syarikat kecil dengan pertumbuhan tinggi yang memiliki modal berbayar sehingga RM300 juta. Peruntukan Aset Sekuriti Kerajaan Malaysia 10.80% Sekuriti Kerajaan Malaysia Sekuriti Ekuiti 5.83% Sekuriti Ekuiti 61.84% Sekuriti Pendapatan Tetap 82.25% Sekuriti Pendapatan Tetap 35.81% Kesetaraan Tunai 0.46% Kesetaraan Tunai 0.53% Aset & Liabiliti Lain 0.65% Aset & Liabiliti Lain 1.83% Pulangan Pelaburan Bersih T/B 2006 900,699 T/B 2006 140,363 T/B 2007 1,034,732 T/B 2007 47,829 T/B 2008 1,320,256 T/B 2008 72,941 T/B 2009 1,578,517 T/B 2009 74,034 T/B 2010 2,238,071 T/B 2010 114,770 Penerangan bagi caj yang dikenakan Yuran pengurusan dana sebanyak 1.0% setahun Yuran pengurusan dana sebanyak 1.5% setahun N/A Perubahan kepada Objektif, larangan & pembatasan sepanjang tahun Tiada perubahan Maklumat pengagihan NAV seunit - sebelum pengagihan 0.529 N/A NAV seunit - selepas pengagihan 0.500 N/A Prospek masa depan dan strategi cadangan Prestasi pasaran Bon Malaysia dalam 2011 akan disokong oleh keadaan ekonomi domestik yang positif serta kertas hutang dan matawang tempatan yang berkedudukan lebih baik. Dana MAA Seri Mulia akan mengekalkan portfolio pelbagai bon Islam bagi mengurangkan risiko faedah dan kredit. Prestasi pasaran saham Malaysia dalam tahun 2011 akan bergantung kepada aliran mudah tunai dan berita. Penilaian disokong oleh asas makro dan mikro yang lebih baik, sungguhpun inflasi perlu dipertimbangkan. Dana MAA Small Cap akan terus membuat pelaburan jangka panjang dan melabur dalam saham pertumbuhan bermodal kecil. Prestasi ukur rujuk indeks yang berkaitan Simpanan Tetap 1 Tahun FBM Small Cap T/B 2006 3.70% T/B 2006 39.80% T/B 2007 3.70% T/B 2007 63.70% T/B 2008 3.70% T/B 2008 -46.60% T/B 2009 2.60% T/B 2009 55.10% T/B 2010 2.80% T/B 2010 24.20% LAPORAN TAHUNAN 2010 DANA BERKAITAN-PELABURAN MAA ASSURANCE MAA ASSURANCE INVESTMENT-LINKED FUNDS 13
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 10 and 11: FUND OBJECTIVE AND FUND PERFORMANCE
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FUND OBJECTIVE AND FUND PERFORMANCE
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FUND OBJECTIVE AND FUND PERFORMANCE
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STATEMENT OF ASSETS AND LIABILITES
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STATEMENT OF INCOME AND EXPANDITURE
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STATEMENT OF CHANGES IN NET ASSET V
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NOTES TO THE FINANCIAL STATEMENTS 3
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EQUITY ALLOCATION AS AT 31 DECEMBER
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INVESTMENT-LINKED FUNDS - Zurich

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