PUBLIC NATURAL RESOURCES EQUITY FUND (PNREF)

Fund Objective
To achieve capital growth over the medium to long-term period by
investing in a portfolio of equities and equity-related securities of
companies that are engaged in or are substantially related to the
natural resources sectors in the domestic and overseas markets.

Investor's Risk Profile

Aggressive

Financial Year End : 30 November Asset Allocation as at 29 April 2011

Launch Date : 30.06.2009
Approved Fund Size : 1.5 Billion Units
Current Fund Size : NAV : RM329.37 Million
Money Market
UNITS : 1,049.82 Million Fixed Income Instruments &
Securities Others
Performance of Public Natural Resources Equity Fund vs its Benchmark 0.54% 22.58%
Index Over the Following Periods Ended 29 April 2011
PNREF Benchmark PNREF Benchmark
(%) (%) (%) (%)
Total Total Annualised Annualised
Return Return Return Return
Equities &
1-year 27.03 14.08 27.03 14.08
Derivatives
Since 76.88%
32.51 32.06 17.18 16.95
Commencement
Asset Allocation by Country
Performance of PNREF and Benchmark Index China 29.17%
(Since Fund Commencement* to 29 April 2011) Australia 15.11%

40% Korea 8.30%

PNREF Benchmark Malaysia 7.77%
32% Indonesia 7.76%
United States of America 5.36%
24%
Singapore 2.44%
Thailand 0.97%
16%

8% Top 5 Sectors as at 29 April 2011

Sector Name % NAV
0% Mining 19.02
Energy-Alternate Sources 7.53
-8% Chemicals/Energy - Alternate Sources 7.47
Chemicals 5.79
-16%
Jul-09 Dec-09 Jun-10 Nov-10 Apr-11
Coal 5.66

Benchmark: Top 5 Holdings as at 29 April 2011

Benchmark for PNREF is a customised index based on 40% Energy Sector, Security Name
30% Metals and Mining Industry and 30% Agricultural Product Sub-Industry GCL-Poly Energy Holdings Limited
of S&P/Citigroup BMI Asia Ex-Japan Index. OCI Company Limited
Comtec Solar Systems Group Limited
* Commencement Date - 20 July 2009 Borneo Lumbung Energi & Metal Tbk, PT
Petronas Chemicals Group Berhad

Annual Returns for Financial Year Ended November 30

Year 2010

PNREF (%) 12.12*

Benchmark Index (%) 24.30*

Unit Split -

Distribution (Sen) 1.50

Distribution Yield (%) 5.6

12-Month FD Average (%) 3.0

Note :
* The figure shown is for period since fund commencement.

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