Dear Valued Customers,

We have been informed by CIMB-Principal Asset Management Berhad (“CPAM”) that there was a pricing error for CIMB Principal Asia Pacific Dynamic Asia Pacific Dynamic Income Fund (“Fund”) from 12 October 2016 to 27 October 2016 (collectively referred to as the “Period”).

CPAM has been notified by the Trustee, HSBC Trustee (Malaysia) Berhad that the Fund’s investment positions were inflated after a corporate exercise. Upon review, CPAM found that Fund’s units held for the security was inadvertently overstated. The error has caused the fund’s net asset value (“NAV”) per unit priced at a higher value during the period.

As such, the following corrections have been made:

Either invested or switched into this Fund during the above-mentioned Period
For investors who have purchased or switched into the Fund during the period, CPAM has revised the NAV per unit and will amend the units to the investors.

Either redeemed or switched out of the Fund during the above-mentioned Period
For investors who have redeemed or switched out the Fund during the period, CPAM will reimburse the Fund for the excess payment being difference between the original price and corrected price of the Fund.

For more details, please refer to the enclosed notification from the fund house.

If you need further clarification, please do not hesitate to contact us at 03-2149 0567 or email us at clienthelp.my@fundsupermart.com.

Should you require any portfolio or investment advice, please contact our team of Client Investment Specialists (CIS) at investhelp.my@fundsupermart.com.

Yours sincerely,

Fundsupermart.com Client Services

Fresh funds are deposited into the trust account, and usually not converted until the managers decide that the rates are favourable. Some managers will convert at spot, while others have rolling hedges - which basically means, you wont know.

As an investor, you should have already taken fx risk into account when taking on the position.

Let's say the UTF's total fund size is MYR five hundred million. Assume the NAV is MYR 0.50 per unit.

Scenario One: Wangkongyew top up MYR 250 million, immediately the UTF's NAV will go up by 50% and that is next day the NAV shall become MYR 0.75.

Scenario Two: Wangkongyew top up MYR 250.00, immediately the UTF's NAV will go up by 0.00005% that is next day it shall become MYR 0.50.

Xuzen