Professional Documents
Culture Documents
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In some of the most valuable brands in the world…
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And knowing you are investing in an ethical way..
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CIMB Islamic Global Equity Fund (CIGEF)
Source: CIMB-Principal
6
ARE YOU…
…seeking medium
to long-term
growth
in capital ? …seeking
diversification through
global market?
…prepared to
accept equity risks
for
potentially greater
returns over the
Investment horizon?
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If yes, then
invest in the
For Internal Circulation Only
CIGEF today! 8
Investment Strategy
Source: CIMB-Principal
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Investment Allocation
Shariah- Shariah-
compliant global compliant liquid
equities (70%- assets (1%-
99%) 30%)
Source: CIMB-Principal
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Stock Selection
Discover
Confirm
Improving Implement Monitor
Business Sustainability
of Trends Buy/Sell
Fundamentals
Decisions
Rising Investor Interpretation Portfolios
of Rankings Risk
Expectations
Management
Attractive Event Risk
Valuations Assessment Portfolio All
Research Managers
Global Research Analysts
Platform
Source: PGI
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Stock Selection (cont.)
We look for companies with:
IMPROVING BUSINESS FUNDAMENTALS
•Expected Sales Growth
1
•Change in Operating Margin
•Expected EPS Growth
RISING EXPECTATIONS
2
•Companies with Positive EPS Revisions
ATTRACTIVE VALUATION
3 •Price/Earnings
Source: PGI
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In Alpha Generation…
ALPHA, α : Excess return
Fundamental
change
Ex
pe
α n s
ct
at a tio
io u
ns V al
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Alpha Preservation…..using professional judgment
Global Research Research Analysts
Platform
15
Proven Track Record of Alpha Preservation
250 PRINCIPAL GLOBAL EQUITY
230 FUND
Fund Consistently
210 DJ WORLD STOCK INDEX Outperforms the
190
170
Benchmark
150
130
110
90
70
50
2 3 3 3 4 4 4 5 5 5 6 6 6 7 7 7
v-0 r- 0 l-0 v-0 r- 0 l-0 v-0 r- 0 l-0 v-0 r- 0 l-0 v-0 r- 0 l-0 v-0
a Ju a Ju a Ju a Ju a Ju
Source:
No M Bloomberg Noas atM30th November M
No 2007 No M No M No
CIGEF will be managed with the same investment philosophy, style and objective
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Why invest in CIMB Islamic Global Equity Fund?
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Potentially Higher Risk Adjusted Returns
Geographical and Industry
Diversification
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Potentially Higher Risk Adjusted Returns (cont.)
DJIM higher
return/risk ratio over
3 years than sector
focused Islamic
indices
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DJIM vs KL Indices Correlation
Correlation
5 Years DJIM KLCI FBMS
(26/10/07)
DJIM 1.00 - -
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Globally Diversified – Lower Volatility
Annualised Volatility
35%
30%
25%
20%
15%
10%
5%
0%
1 Yr 2 Yr 3 Yr 5 Yr
DJIM KLCI MSCI CHINA MSCI INDIA
Source: Bloomberg as at 31st October 2007
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Reduced Risk yet Consistent Performance….
3000 DJIM Index Performance
2500
2000
1500
1000
500
Jul-03
Jul-04
Jul-05
Jul-06
Jul-07
Mar-03
Mar-04
Mar-05
Mar-06
Mar-07
Nov-02
Nov-03
Nov-04
Nov-05
Nov-06
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Diversified - Industries
Oil & gas
Semiconductors
Pharmaceutical
Telecommunications
Consumer Supplies
Source: CIMB-Principal
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Principal Global Investors
• A diversified global asset
management
organization
• US$244.8B in assets
under management*
• 1,304 employees
including 495 investment
professionals*
• Broad range of
capabilities, tailored to
client objectives
• Global reach and clarity
of purpose
*as at 30th September 2007
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A Wealth of Experience…
Mustafa Sagun, Ph.D., CFA - Chief Investment Officer
• 14 years of investment and risk management experience
• Previously, vice president and analyst for PNC Financial Services Group and an equity
derivatives specialist for Salomon Brothers
• Ph.D. in finance and a MA in international economics from the University of South Florida
Source: PGI
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Shariah-Compliant Equities in Fund
•Securities listed under DJIM Indexes
OR
•Industry Type
Excluded are companies in the alcohol, tobacco, manufacturing of pork,
selected financial services, defense/weapons and entertainment line of
business
•Financial Ratios
Total debt divided by trailing 12-month average market capitalization < 30%
Cash plus interest-bearing securities divided by trailing 12-month average
market capitalization < 30%
Accounts receivables divided by total assets < 45%
Source: CIMB-Principal
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Fund Information
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Prospective Companies
An American multinational corporation with a focus on designing
and manufacturing consumer electronics and closely related
software products. Apple employs over 20,000 permanent and
temporary workers worldwide and had worldwide annual sales in
its fiscal year 2007 of US$24.01 B.
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Fund Details
Annual
Management 1.85%
Fee
Minimum Investment of
Trustee RM1,000
Fee 0.08%1
To Start
Application 6.5%
Fee
Withdrawal 1.0%2
Fee
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Thank You
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Disclaimer
This document is provided to you for information purposes only and it may not be
reproduced, distributed or published by any recipient for any other purpose. It should
not be construed as an offer or a solicitation of an offer to purchase or subscribe.
The information contained herein has been derived from sources believed to be reliable
and is current as at the date of publication. No representation or warranty is made nor is
there acceptance of any responsibility or liability made as to the accuracy,
completeness or correctness of the information contained herein. Expressions of
opinion contained herein are subject to change without notice. Persons wishing to rely
upon this information should consult directly with the source of information or obtain
professional advice.
"Dow JonesSM” and "Dow Jones Islamic Market IndexSM" are service marks of Dow
Jones & Company, Inc. and have been licensed for use for certain purposes by CIMB-
Principal Asset Management Berhad. CIMB-Principal Asset Management Berhad's
CIMB Global Islamic Equity Fund based on the Dow Jones Islamic Market Index, are
not sponsored, endorsed, sold or promoted by Dow Jones, and Dow Jones makes no
representation regarding the advisability of investing in such product(s).
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