Based on the Fund’s portfolio returns as at 31 March 2019, the Volatility Factor (VF) for this Fund is 12.3 and is classified as “Very High” (source: Lipper). “Very High” includes funds with VF that are more than 11.415 (source: Lipper). The 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 will be revised every six months. 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. This document is prepared for information purposes only and is not intended to be an offer or invitation to subscribe or purchase of securities. The information contained herein has been obtained from sources believed in good faith to be reliable; however, no guarantee is given in its accuracy or completeness. Past performances of the Fund is not an indicative of future performance. Prices can go down as well as up and you may not get back the amount you originally invested. A copy of the Master Prospectus dated 27 December 2018 has been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read the Master Prospectus and Product Highlight Sheet before making any investment decision. The Master Prospectus and Product Highlight Sheet are available at offices of Areca Capital Sdn Bhd or its authorised distributors and investors have the right to request for a copy of the Master Prospectus and Product Highlight Sheet. Investors should also consider the fees and charges involved. The Fund may not be suitable for all and if in doubt, investors should consult a professional adviser. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the NAV per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, investors should be highlighted of the fact that the value of their investment in Malaysian ringgit will remain unchanged after the distribution of the additional units.

Areca equityTRUST Fund (AeTF) Fund Factsheet as at 30 April 2019

FUND DETAILS

Type of Fund/Category Growth / (Malaysia Equity)

Launch Date 23 April 2007

Launch price RM0.5000

Benchmark Average Returns of the funds under

“Equity Malaysia” Non-Islamic category

Unit NAV RM0.5253

Fund Size RM73.84 million

Units in Circulation 140.57 million

Management Fee 1.90% p.a of NAV

Trustee Fee 0.08% p.a. of NAV

Entry Charge Up to 2% of investment amount (Direct

invest through the management company)

Exit Fee Nil

Switching Fee Unlimited free switches

Min Initial Investment RM10,000

Min Additional

Investment RM1,000

FUND OBJECTIVE

To provide investors with medium to long term

capital growth. To achieve this objective, the

Fund will invest primarily (with at least two third

of its assets) in equities and equity-related

securities.

DISTRIBUTION HISTORY & UNIT SPLIT

Financial Year

Ended/Ending

30 June

Net Distribution

(sen per unit) Unit Splits

2010 and 2015 32.99 (5 years) 2.312:10

2016 1.50 Nil

2017 3.00 25:100

2018 5.00 Nil

2019 4.00 Nil

TOP 5 HOLDINGS (% OF NAV) (%)

1) Pentamaster Corporation Berhad 7.85

2) Guan Chong Berhad 4.45

3) Malayan Banking Berhad 3.88

4) Syarikat Takaful Malaysia Keluarga Berhad 3.49

5) Berjaya Food Berhad 3.43

CUMULATIVE PERFORMANCE (%)

Return YTD 1mth 3mth 6mth 1yr 3yr 5yr 10yr Since Launch

AeTF 15.89 4.82 12.34 8.54 8.32 46.97 61.68 294.68 270.77

Benchmark 4.39 1.72 3.04 0.61 -6.32 8.91 6.02 126.57 88.12

YEARLY PERFORMANCE (%)

Return 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

AeTF -11.63 44.30 -0.67 12.34 5.40 25.62 12.54 -1.46 27.06 40.92

Benchmark -11.56 17.03 -1.36 4.43 -2.52 16.92 11.40 1.11 21.23 44.63

ASSET & SECTOR ALLOCATION (% OF NAV)

Source: Lipper

Source

Finance 10.4%

Cash & Cash Equivalents

24.9%

Technology 13.4%

Industrial 3.4%

Construction & Properties

1.3%

Consumer 22.4%

Energy 5.4%

Health Care 3.0%

Telecommunication & Media 6.2%

Utilities 5.3%

Trading & Services

4.3%

Source: Lipper

Source

Based on the Fund’s portfolio returns as at 31 March 2019, the Volatility Factor (VF) for this Fund is 12.3 and is classified as “Very High” (source: Lipper). “Very High” includes funds with VF that are more than 11.415 (source: Lipper). The 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 will be revised every six months. 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. This document is prepared for information purposes only and is not intended to be an offer or invitation to subscribe or purchase of securities. The information contained herein has been obtained from sources believed in good faith to be reliable; however, no guarantee is given in its accuracy or completeness. Past performances of the Fund is not an indicative of future performance. Prices can go down as well as up and you may not get back the amount you originally invested. A copy of the Master Prospectus dated 27 December 2018 has been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read the Master Prospectus and Product Highlight Sheet before making any investment decision. The Master Prospectus and Product Highlight Sheet are available at offices of Areca Capital Sdn Bhd or its authorised distributors and investors have the right to request for a copy of the Master Prospectus and Product Highlight Sheet. Investors should also consider the fees and charges involved. The Fund may not be suitable for all and if in doubt, investors should consult a professional adviser. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the NAV per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, investors should be highlighted of the fact that the value of their investment in Malaysian ringgit will remain unchanged after the distribution of the additional units.

1/4/2019 0.5436

2/4/2019 0.5452

3/4/2019 0.5492

4/4/2019 0.5515

5/4/2019 0.5534

8/4/2019 0.5567

9/4/2019 0.5557

10/4/2019 0.5580

11/4/2019 0.5549

12/4/2019 0.5571

15/4/2019 0.5547

16/4/2019 0.5544

17/4/2019 0.5525

18/4/2019 0.5525

19/4/2019 0.5560

22/4/2019 0.5604

23/4/2019 0.5623

24/4/2019 0.5668

25/4/2019 0.5676

26/4/2019 0.5655

29/4/2019 0.5625

30/4/2019 0.5253

Areca equityTRUST Fund (AeTF) Fund Factsheet as at 30 April 2019

FUND MANAGER’S REPORT

Global equities continued to push higher in April, as investors cheered a robust earnings season and better than

expected first-quarter Gross Domestic Product (GDP) growth print in the US while easing trade tensions also

provided a positive backdrop for markets. (Note: At the time of writing, the trade tensions actually took a turn and

escalated again. This new development will dampen market sentiment as it increase uncertainty.)

Sentiment on domestic equities were mixed with the heavyweight FBM KLCI index easing 0.1% to close at 1,642

points due to negative news on the potential exclusion of Malaysian government bonds in the FTSE World

Government Bond Index. The broader market fared better with the FBM Emas Index gaining 0.9% to close at

11,652 points while the FBM Small Cap Index rallied 7.2% to close at 13,621 points as both indices benefited

from positive newsflow in the construction sector. The government announced that the East Coast Rail Link

(ECRL) and Bandar Malaysia would go ahead. Among regional bourses, Singapore and Japan outperformed while

China and Indonesia were laggards.

Domestic key commodities gained for the month, with the Brent crude and palm oil futures adding 6.4% and 5.6%

respectively. The Ringgit weakened against the US Dollar, slipping 1.3% against the US Dollar to 4.1347.

In terms of investment strategy, we are investing into stocks with theme and shifted to some solid Blue chips; with

equities exposure at circa 80%.

FUND’S PERFORMANCE COMPARED TO BENCHMARK HISTORICAL PRICING

Disclaimer: A copy of the Master Prospectus dated 27 December 2018 has been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of theMaster Prospectus and Product Highlight Sheet before making any investment decision. Amongst others, investors should also consider the fees and charges involved. The prices of units and distributions payable, if any, may fall and rise. Past performances of the Fund is not an indicative of future performance. Investors are advised to consider the di�erent types of risks that may a�ect the unit trust fund. For more information concerning certain risk factors, please refer to the Master Prospectus and Product Highlight Sheet. The Master Prospectus and Product Highlight Sheet are available at o�ces of Areca Capital Sdn Bhd or its authorised distributors and investors have the right to request for a copy of the Master Prospectus and Product Highlight Sheet. Any issue of units to which the Master Prospectus relates will only be made on receipt of a form of application referred to and accompanying a copy of the Master Prospectus.

ARECA CAPITAL SDN BHD (740840-D)

107, Blok B, Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, o� Jalan Damansara, 46350 Petaling Jaya, Malaysia • Petaling Jaya • Pulau Pinang • Ipoh • Melaka • KuchingT 603 7956 3111 F 603 7955 4111 E invest@arecacapital.com www.arecacapital.com Interact with ARECA Capital

Areca equityTRUST Fund

12

Continuing with our winning streak from 2018 to 2019, we at Areca Capital, will continue to strive towards delivering consistent performance in all we do. Equipped with the right strategies and knowledge, we will keep up with this journey of ours towards achieving more excellence.

Best Fund Over

3years

5years

10years

Equity Malaysia

3 5YearsFund Performance* Years

38.9%

6.1% 6.0%

Areca equityTRUST Fund 55.6%

Average Returns of Peer Group#

10 Years

148.6%

Areca equityTRUST Fund out-performed the average returns of its Peer Group#

by 105% over the past 10 years

304.4%

# Average Returns of the funds in Peer Group under Lipper Classi�cation “Equity Malaysia” Non-Islamic* Fund Performance is calculated based on NAV to NAV and assumes reinvestment of distributions.

Source: Lipper as at 25 March 2019

Our Quest Continues