Pheim Asset Management (Asia) Pte Ltd ("Pheim Singapore") began operation as an Exempt Fund Manager in January 1995 and became one of the first two boutique fund managers in Singapore to be granted the Investment Adviser - Boutique Fund Manager License by the Monetary Authority of Singapore (MAS)
in 1999. In March 2002, it went on to become the first boutique fund manager in Singapore to be granted a full Investment Adviser's ("IA") License [now known as Capital Markets Services (Fund Management) License].
Pheim Singapore's affiliated company, Pheim Asset Management Sendirian Berhad ("Pheim Malaysia"), began operation in January 1994 as a licensed fund manager in Malaysia. Pheim Singapore and Pheim Malaysia were both founded by Dr Tan Chong Koay, who has more than 32 of direct investment management experience. Pheim Malaysia's wholly-owned subsidiary, Pheim Unit Trusts Berhad, which began operation in January 2002, is engaged in the business of managing unit trusts in Malaysia. In 2004, Pheim Malaysia was named the Best Boutique House of the Year in Malaysia.
Pheim specialises in investing in the region of ASEAN and Asia ex Japan, on the foundation of a unique and proven investment philosophy. Pheim also has an established track record of managing funds in accordance with Syariah principles, and with a medium cap focus.
Pheim adopts a predominantly value approach to investment. We do not believe in being fully invested at all times. Rather, we seek to trim our equity exposure near market peaks in order to preserve capital, and to be fully invested near market troughs.
Funds managed by Pheim have won numerous accolades in their respective categories. Our Pheim ASEAN Emerging Companies Growth Fund was ranked No. 1 for the 1-year,
3-year, 7-year, 10-year and 14-year periods by Morningstar in the Morningstar Category ASEAN Equity Funds for the period ending June 2009. Our Pheim Vittoria Fund was rated 4 stars against 800 funds in the Morningstar Asia Pacific Ex-Japan Category over the prior 3 year period up to 30 June 2009.** Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Lipper Malaysia Unit Trust Fund Award in the Mixed Asset-Islamic/Syariah Category for 1-year period in 2003 and 2004. Personal Money (Malaysia) also ranked Dana Makmur Pheim 1st in terms of Total Returns for 3-year period in 2005 and 5-year period in 2007.
Clients of Pheim Singapore and Pheim Malaysia comprise mainly institutions (including government agencies, government-linked companies, corporations, insurance funds, unit trusts and mutual funds), and some high net worth individuals. As at 30 June 2009, the amount of assets managed by Pheim
Singapore and Pheim Malaysia together amounted to US$1.3 billion.
** The above is for information only and does not constitute investment advice or a recommendation and was prepared without regard to the specific objectives, financial situation or needs of any particular person who may receive it. An
investment in the above Fund is subject to investment risks, including the possible loss of the principal amount invested. Investors should read the Information Memorandum for details before investing. The value of the shares and the income from them may fall as well as rise. Past performance is not
indicative or a warranty of future results. The fund mentioned above may only be offered or sold to institutional investors (as such term is defined in the Securities and Futures Act (Cap. 289 Section 4A ("SFA"), or accredited investors (as such
term is defined in the SFA Section 4A). Investors may wish to seek the advice from a financial adviser before making a commitment to invest in shares of the Fund. In the event that the investor chooses not to seek advice from a financial
adviser, he/she should consider whether the Fund is suitable for him/her.
Source: Morningstar. Performance ranking calculated in USD, NAV to NAV with dividends re-invested: Date: 30 June 2009. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar not its content providers are responsible for any damages or losses arising from any use of this information. Past performance is not a guarantee of future results.