PUBLIC ASIA ITTIKAL FUND (PAIF)

Fund Objective 3-year (1)

Fund Volatility

To achieve capital growth over the medium to long term period by investing in a portfolio of investments in domestic and regional 17.3
markets that complies with Shariah requirements. very high
Lipper Analytics
10 May 23

Financial Year End : 31 October Performances of PAIF and Benchmark Index

Distribution Policy : Incidental (Since Fund Commencement* to 31 May 2023)
Launch Date : 22.08.2006 320%

Current Fund Size : NAV : RM3,739.30 Million PAIF Benchmark

UNITS : 9,948.97 Million 240%

160%

Total Returns
Performance of PAIF vs its Benchmark Index Over the
Following Periods Ended 31 May 2023
PAIF Benchmark PAIF Benchmark 80%

(%) (%) (%) (%)

Total Total Annualised Annualised 0%
Return Return Return Return
1-year -4.31 -4.62 -4.31 -4.62 -80%
3-year 4.70 4.80 1.54 1.57 Sep-06 Nov-10 Jan-15 Mar-19 May-23

5-year 10.00 8.21 1.92 1.59 Benchmark:

10-year 75.90 81.29 5.81 6.13 Benchmark for PAIF is a composite of 30% Kuala Lumpur Syariah Index
Since Commencement 146.50 149.15 5.54 5.61 (prior to 1 November 2007), 30% FTSE Bursa Malaysia EMAS Shariah
Index (1 November 2007 to 29 April 2011), 30% FTSE Bursa Malaysia
Hijrah Shariah Index (30 April 2011 to 29 April 2013), 15% FTSE Bursa
Malaysia Hijrah Shariah Index (w.e.f. 30 April 2013), 15% customised
index by S&P Dow Jones Indices, LLC based on top 20 constituents by
market capitalisation of the S&P BMI Shariah Japan Index (w.e.f. 30 April
2013) and 70% Dow Jones Islamic Market Asia Ex-Japan IndexSM (prior
to 1 January 2009), 70% S&P Shariah BMI Asia Ex-Japan Index (w.e.f. 1
January 2009).
Underlying index data are sourced from S&P Dow Jones Indices, LLC and
Lipper and expressed in Ringgit terms.

* Commencement Date - 11 September 2006

Notes :
(1)
Based on the fund's portfolio returns as at 10 May 2023, the Volatility Factor (VF) for this fund is 17.3 and is classified as "Very High" (source : Lipper).
• The total return is the overall return of the fund over the period.
• The annualised return is the compounded annual rate of return of the fund over the specified period.
• Fund performance should be evaluated against the benchmark index which is reflective of the fund’s asset allocation and investments over the medium to long term.
• The performance of the fund is calculated on NAV-to-NAV basis and sourced from Lipper.
• Commencement date is the last day of the initial offer period.

The PAIF is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited ("FTSE") or by Bursa Malaysia Berhad ("BURSA MALAYSIA") or by the London
Stock Exchange Group companies (the "LSEG") and neither FTSE nor BURSA MALAYSIA nor LSEG makes any warranty or representation whatsoever, expressly or impliedly,
either as to the results to be obtained from the use of the FTSE BURSA MALAYSIA HIJRAH SHARIAH INDEX ("the Index"), and/or the figure at which the said Index stands at any
particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE. However, neither FTSE nor BURSA MALAYSIA nor LSEG shall be liable
(whether in negligence or otherwise) to any person for any error in the Index and neither FTSE nor BURSA MALAYSIA nor LSEG shall be under any obligation to advise any
person of any error therein.
"FTSE®", "FT-SE®" and "Footsie®" are trade marks of LSEG and are used by FTSE under licence. "BURSA MALAYSIA" is a trade mark of BURSA MALAYSIA.

The "S&P Shariah BMI Asia Ex-Japan Index" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Public Mutual
Berhad. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones
Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Public Mutual Berhad. PAIF is not
sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of
investing in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P Shariah BMI Asia Ex-Japan Index.
The customised benchmark index for PAIF (the “Index”) is the exclusive property of S&P Opco, LLC, a subsidiary of S&P Dow Jones Indices LLC (“S&P Dow Jones Indices”)
and/or its affiliates. Public Mutual Berhad has contracted with S&P Dow Jones Indices to calculate and maintain the Index. Neither S&P Dow Jones Indices nor any of its affiliates
shall be liable for any errors or omissions in calculating the Index.

Investors are advised to read and understand the contents of the Master Prospectus 1 of Public Series of Shariah-Based Funds dated 30 April 2019, 1st Supplemental Prospectus
of Master Prospectus 1 of Public Series of Shariah-Based Funds dated 22 January 2020, 2nd Supplemental Prospectus of Master Prospectus 1 of Public Series of Shariah-Based
Funds dated 16 December 2021 and the fund’s Product Highlights Sheet (PHS) before investing.
Investors should understand the risks of the fund, compare and consider the fees, charges and costs involved in investing in the fund.
A copy of the Prospectus, Supplemental Prospectus and PHS of the fund can be viewed at our website www.publicmutual.com.my under Our Products > Our Funds.
Investors should make their own assessment of the merit and risks of the investment. If in doubt, investors should seek professional advice.
Past performance of the fund is not a reliable indicator of future performance.
Please refer to www.publicmutual.com.my for our investment disclaimer.

Where a free copy of Prospectus and Product Highlights Sheet can be obtained:
Unit Trust Consultants (UTCs) of Public Mutual or contact Public Mutual Hotline: 03-2022 5000 for assistance.

Lipper Fund Volatility

The Volatility Factor (VF) means there is a possibility for the fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper
based on quintile ranks of VF for qualified funds. VF is subject to monthly revision and VC is revised every six months or other interval as advised by FIMM. The volatility banding
for the "Very Low", "Low", "Moderate", "High" and "Very High" VCs as at 30 April 2023 are 0.000 ≤ VF ≤ 3.820, 3.820 < VF ≤ 9.905, 9.905 < VF ≤ 12.875, 12.875 < VF ≤ 16.545
and VF more than 16.545 respectively. For this period to 30 June 2023 the VCs for the funds are based on the VFs of the respective funds as at 30 April 2023. The fund’s portfolio
may have changed since this date and there is no guarantee that the fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at
least 36 months will display the VF and its VC.