30 June 2018 CIMB Islamic DALI Equity Growth Fund

1 31 July 2018 cimb Islamic dali Equity Growth FundAvailable under the EPF Members Investment S S E T M A N A G E M E N T 2017 2016 2015 2014 2013 200%- 150%- 100%- 50%0%50%100%150%200%250%300%350%400%450% 500%550%600%Jan-99 Nov-99 Sep-00 Jun-01 Apr-02 Feb-03 Dec-03 Sep-04 Jul-05 May-06 Mar-07 Dec-07 Oct-08 Aug-09 May-10 Mar-11 Jan-12 Nov-12 Aug-13 Jun-14 Apr-15 Jan-16 Nov-16 Sep-17 Jul-18 FundBenchmarkFUND OBJECTIVEFUND PERFORMANCE in MYRC umulative Performance (%) cimb -Principal Asset Management Berhad10th Floor, Bangunan cimb , Jalan SemantanDamansara Heights, 50490 Kuala : (603) 2084 8888 Fax: (603) 2084 8899 Website: TickerISIN CodeCurrencyMYRMYU1000BB003 BHLPDAI MKTo achieve consistent capital Growth over the medium to VOLATILITYFUND INFORMATIONL ocationKuala Lumpur, MalaysiaDomicileMalaysiaFund CurrencyRinggit MalaysiaFund Size (MYR)MYR billionFund billion unitsFund Launch7 May 1998 fund Inception (MYR)7 May 1998 BenchmarkFTSE Bursa Malaysia EMAS Shariah IndexDealingDaily (as per Bursa Malaysia trading day)Application FeeIUTAs: of NAV per unitCWA.

2 Of NAV per unitManagement of the NAVT rustee of the NAVUnit NAV (MYR)MYR Months6 Months3 Years5 YearsSince Inception1 Year1 Jul 20183-yearFund VolatlityLipper Analytcs^Based on the fund 's portfolio returns as at 15 July 2018, the Volatility Factor (VF) for this fund is and is classified as "Moderate" (source: Lipper). "Moderate" includes funds with VF that are above but not more than 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.

3 Presently, only funds launched in the market for at least 36 months will display the VF and its VC. We recommend that you read and understand the contents of the Master Prospectus (Shariah-Compliant Funds) Issue No. 10 dated 30 June 2017, which has been duly registered with the Securities Commission Malaysia, before investing and that you keep the said Master Prospectus (Shariah-Compliant Funds) for your records. Any issue of units to which the Master Prospectus (Shariah-Compliant Funds) relates will only be made upon receipt of the completed application form referred to in and accompanying the Master Prospectus (Shariah-Compliant Funds), subject to the terms and conditions therein. Investments in the fund are exposed to risks associated with investment in warrants and stock specific risk.

4 You can obtain a copy of the Master Prospectus (Shariah-Compliant Funds) from the head office of cimb -Principal Asset Management Berhad or from any of our approved Highlight Sheet ("PHS") is available and that investors have the right to request for a PHS; and the PHS and any other product disclosure document should be read and understood before making any investment decision. There are fees and charges involved in investing in the funds. We suggest that you consider these fees and charges carefully prior to making an investment. Unit prices and income distributions, if any, may fall or rise. Past performance is not reflective of future performance and income distributions are not guaranteed.

5 You are also advised to read and understand the contents of the Financing for Investment in Unit Trust Risk Disclosure Statement before deciding to obtain financing to purchase units. Where a unit split/distribution is declared, you 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, the value of your investment in Malaysian ringgit will remain unchanged after the distribution of the additional Recent fund Distributions (Sen/Unit) (%) cimb -PRINCIPAL AWARDS AND ACCOLADESNote: May 1998 to July data represents the combined income & capital return as a result of holding units in the fund for the specified length of time, based on bid to bid prices.

6 Earnings are assumed to be reinvested. Calendar Year Performance (%)Page 1 of 231 July 2018 cimb Islamic dali Equity Growth FundAvailable under the EPF Members Investment S S E T M A N A G E M E N T fund MANAGER'S REPORTRISK STATISTICSPORTFOLIO ANALYSISASSET ALLOCATIONSECTOR BREAKDOWNTOP HOLDINGSCOUNTRY ALLOCATIONS hariah-compliant Equities (Local) / Services 1 Tenaga Nasional BhdMalaysia 2 Petronas Chemicals Group BhdMalaysia 3 Axiata Group BhdMalaysia 4 IHH Healthcare BhdMalaysia 5 Dialog Group BhdMalaysia 6 Petronas Gas BhdMalaysia 7 Pos Malaysia BhdMalaysia 8 Sime Darby BhdMalaysia 9 Sime Darby Plantation BhdMalaysia 10 IOI Corp BhdMalaysia fund increased by in July 2018, u n d e r p e r f o r m i n g t h e b e n c h m a r k b y 1.

7 1 4 % . Underperformance came from the cash holdings and Property and Bank Islam. At the stock level, the fund affected by the overweight in Top Glove, as well as the underweight in Digi and Gamuda. Year-to-date (YTD), the fund has underperformed by companies led the increased after the Government provided clarity on the Broadband plans. Industrials companies also outperformed the benchmark after May IPI rose Year-on-Year, driven by a rise in manufacturing output. Jun CPI came in at YoY, reflecting the zero-rating of the GST. Nevertheless, with the introduction of the Sales and Service Tax (SST) in September, inflation is expected to be higher in 4Q.

8 Meanwhile, on the global front, trade tensions remained a real risk after President Trump announced that the US is ready to impose additional tariffs on all China made goods. Both external and domestic macro backdrop remain challenging and we do not foresee much improvement in the short-term. 100 days of the New PH government, changes of GLC management team and 2Q2018 reporting season will be key events that investors will be focusing in August. On the fund flow, we are maintaining our view that global outflows from emerging markets, particularly for Malaysia, may be at a tail end in the short term hence we taking the opportunity to deploy cash gradually into the local markets and increasing overall Equity exposure.

9 We continue to prefer big cap companies with strong fundamentals in sectors such as Power & Renewable Energy, Technology and Industrials. We maintain our view that longer term, Malaysia equities could outperform regional peers given better risk premiums as a result of better years monthly dataPage 2 of 2