Pheim Asset Management Sdn Bhd was profitable every calendar year for 32 consecutive years since inception from January 1994.

The sale of Pheim Asset Management Sdn Bhd to Affin Bank received all necessary regulatory approvals in Malaysia and was completed on April 22, 2026. Following the completion of the transaction, Dr. Tan Chong Koay stepped down as Director and Chief Strategist of Pheim Asset Management Sdn Bhd with effect from April 22, 2026.

Dr. Tan Chong Koay was the sole Executive Founder and Chief Strategist of Pheim Asset Management Sdn Bhd from its commencement of operations on January 4, 1994 untill April 22, 2026.

Dr. Tan Chong Koay was conferred “2026 Best of the Best Awards” for the Lifetime Achievement Award by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions since 1995.

Pheim Malaysia is the winner of The BrandLaureate BestBrands Awards 2025-2026 for the brand of “Pheim Asset Management” under category of Financial Asset Stewardship on January 28, 2026, awarded by The BrandLaureate, headquartered in Singapore, the World Brands Foundation dedicated to promoting the cause of branding globally.

Dana Makmur Pheim was awarded “2025 Best of the Best Country Awards – Malaysia” for the Best Islamic Fund (Balanced Fund) Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions since 1995. This was the eighth consecutive year that the fund has won award from Asia Asset Management.

Dr. Tan Chong Koay was conferred “2025 Best of the Best Regional Awards” for the Best Chief Investment Officer in Asia (30 Years) by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

“Never Fully Invest At All Times”, launched in January, 2024, has won 2024 MPH Best Business Reading Award in Malaysia. This was the second best seller book authored by Dr. Tan Chong Koay.

Today, Never Fully Invest At All Times stands not just as an Investment Strategy but as a legacy of wisdom – a guiding light for fund managers navigating uncertainty. It is a philosophy that balances prudence with courage and preservation with growth. More importantly, it represents one of Asia’s most significant intellectual contributions to global investing: a philosophy forged through many crises and cycles, proven in practice, and is relevant for generations to come.

Pheim Malaysia is the winner of 2023 EPF External Fund Managers Awards for “2023 Best Domestic Equity Fund Manager (Conventional)” Award on May 24, 2024. Pheim Malaysia was ranked top in terms of both ROI and TWRR for the 3-year period ended December 2023 among 10 External Fund Managers, including the international peers. This was the third consecutive year Pheim Malaysia was ranked top on ROI and TWRR for the 3-year period. Pheim Malaysia was also ranked top in terms of TWRR for the 3-year period ended December 2019, 2017 and 2015. In terms of ROI for the 1-year period, Pheim Malaysia was ranked No. 1 among the External Fund Managers for 4 consecutive years from 2018 to 2021.

Pheim Asia Ex-Japan Fund (Equity Fund) won Refinitiv Lipper Fund Awards (Malaysia Fund) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 5-year period ended December 2023. This was the forth consecutive year that the fund has won the Award for the 5-year period.

Dana Makmur Pheim was awarded “2024 Best of the Best Country Awards – Malaysia” for the Best Islamic Fund (Balanced Fund) Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the seventh consecutive year that the fund has won award from Asia Asset Management.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2023 Best ASEAN Fund Awards” for the 25-year period ended December 2023 at the Hong Kong Fund Performance Awards 2023 by Business and Asian Banking & Finance, Hong Kong.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2024 Best of the Best Performance Awards” for the 28-year period ended September 2023 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was ranked No. 1 by LSEG (formerly known as Refinitiv / Thomson Reuters) in the category of ASEAN Equity for 25-year period ended September 2023. The Director of Asia Pacific Research, LSEG Lipper confirmed that the Fund took the top position during the period of 1 October 1998 to 30 September 2023 among all Equity ASEAN of Lipper Global Classification, globally in terms of total returns in US Dollars. The return for the 25-year period ended September 2023 was +1,130.90%* in US Dollar vs FTSE ASEAN CR Index +403.20%* and its top rival’s record of +811.20%*.

* Externally verified    ^ Internally verified

Pheim Malaysia is the winner of 2022 EPF External Fund Managers Awards for “2022 Best Domestic Equity Fund Manager (Conventional)” Award on August 18, 2023. Pheim Malaysia was ranked top in terms of both ROI and TWRR for the 3-year period ended December 2022 among 10 External Fund Managers, including the international peers. This was the second consecutive year Pheim Malaysia was ranked top on ROI and TWRR for the 3-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2022. This was the eighth consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2022. This was the eighth consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2022. This was the sixth consecutive year that the fund has won the Award for the 10-year period.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

Pheim Asia Ex-Japan Fund (Equity Fund) won Refinitiv Lipper Fund Awards (Malaysia Fund) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 3-year and 5-year periods ended December 2022. This was the third consecutive year that the fund has won the Awards for the 3-year and 5-year periods.

Dana Makmur Pheim was awarded “2023 Best of the Best Country Awards – Malaysia” for the Best Islamic Fund (Balanced Fund) Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the sixth consecutive year that the fund has won award from Asia Asset Management.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2023 Best of the Best Performance Awards” for the 20-year period ended September 2022 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Dr. Tan Chong-Koay was conferred the “ASEAN Outstanding Entrepreneur Lifetime Achievement Award” at the 2023 ASEAN Leadership and Partnership Forum which was officiated by the Governor of West Java, Republic of Indonesia, H.E. Dr. (H.C.) H. Mochamad Ridwan Kamil, S.T., M.U.D. at Le Meridien Jakarta, Indonesia in May 2023.

* Externally verified    ^ Internally verified

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2021. This was the seventh consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2021. This was the seventh consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for 10-year period ended December 2021. This was the fifth consecutive year that the fund has won the Award for the 10-year period.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

Pheim Asia Ex-Japan Fund (Equity Fund) won Refinitiv Lipper Fund Awards (Malaysia Fund) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 3-year and 5-year periods ended December 2021. This was the second consecutive year that the fund has won the Awards for the 3-year and 5-year periods.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2022 Best of the Best Performance Awards” for the 25-year period ended September 2021 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Dana Makmur Pheim was awarded “2022 Best of the Best Country Awards – Malaysia” for the Best Islamic Fund (Balanced Fund) Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the fifth consecutive year that the fund has won award from Asia Asset Management.

Dr. Tan Chong-Koay was conferred the “2022 ASEAN Distinguished Entrepreneur Lifetime Achievement Award” at the 2022 ASEAN Leadership and Partnership Forum which was officiated by the Prime Minister of Cambodia, H.E. Samdech Decho Hunsen at Hyatt Regency Hotel, Phnom Penh, Cambodia in September 2022.

Pheim Asset Management (Asia) Pte Ltd launched Pheim Emerging Asia ex-Japan Balanced Fund, a Sub-Fund of Pheim VCC, a company incorporated as an umbrella Variable Capital Company with segregated sub-funds under the laws of Singapore, on 10 February 2022. The Sub-Fund has been entered into the list of Restricted Schemes by the Monetary Authority of Singapore (“MAS”) and offering of the Sub-Fund in Singapore to the accredited investors and institutional investors only.

* Externally verified    ^ Internally verified

Pheim Asia Ex-Japan Fund (Equity Fund) won Refinitiv Lipper Fund Awards (Malaysia) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 3-year, 5-year, and 10-year periods ended December 2020. This was the first year that the fund has won awards for all the 3-year, 5-year and 10-year periods.

Pheim Emerging Companies Balanced Fund (Balanced Global Fund) won Refinitiv Lipper Fund Awards (Malaysia) for Best Fund under Mixed Asset MYR Balanced – Global Category for the 10-year period ended December 2020.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2020. This was the sixth consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2020. This was the sixth consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for 10-year period ended December 2020. This was the fourth consecutive year that the fund has won the Award for the 10-year period.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

Dr. Tan was conferred the “National Outstanding Entrepreneurs Lifetime Achievement Award” which was presented by Yang Di-Pertua Negeri Melaka, T.Y.T Tun Seri Setia (Dr.) Haji Mohd Ali bin Mohd Rustam on the Lifetime Achievement Awards Ceremony held at Hotel Istana Kuala Lumpur City on 30 March 2021.

Dana Makmur Pheim was awarded “2021 Best of the Best Country Awards – Malaysia” for the Best Islamic Fund (Balanced Fund) Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the fourth consecutive year that the fund has won award from Asia Asset Management.

* Externally verified    ^ Internally verified

Dana Makmur Pheim (Balanced Islamic Fund) won 9 out of 9 Refinitiv Lipper Fund Awards (in the category of Global Islamic Funds, Malaysia Islamic Funds and Malaysia Provident Funds) covering the 3-year, 5-year and 10-year periods for results ended December 2019.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2019. This was the fifth consecutive year that the fund has won the Award for the 5-year and 10-year periods.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2019. This was the fifth consecutive year that the fund has won the Award for the 5-year and 10-year periods. For the 5-year period, the fund actually won the Award for the sixth consecutive year.

Dana Makmur Pheim (Balanced Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2019. This was the third consecutive year that the fund has won the Award for the 10-year period.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

Pheim Asia Ex-Japan Islamic Fund (Equity Islamic Fund) won Refinitiv Lipper Fund Awards (Global Islamic Funds) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 3-year period ended December 2019.

Pheim Asia Ex-Japan Islamic Fund (Equity Islamic Fund) won Refinitiv Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 3-year period ended December 2019.

Fund Return for the above 2 Categories (Global Islamic & Malaysia Islamic):

Dana Makmur Pheim was awarded “2020 Best of the Best Country Awards – Malaysia” for the Best Islamic Product Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the third consecutive year that the fund has won award from Asia Asset Management.

* Externally verified    ^ Internally verified

Dana Makmur Pheim (Balanced Islamic Fund) won Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 5-year and 10-year periods ended December 2018. This was the fourth consecutive year that the fund has won the Award for the 5-year and 10-year periods.

Dana Makmur Pheim (Balanced Islamic Fund) won Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 5-year and 10-year periods ended December 2018. This was the fourth consecutive year that the fund has won the Award for the 5-year and 10-year periods. For the 5-year period, the fund actually won the Award for the fifth consecutive year.

Fund Return for the above 2 Categories (Global Islamic & Malaysia Islamic):

Dana Makmur Pheim (Balanced Islamic Fund) won Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for 10-year period ended December 2018. This was the second consecutive year that the fund has won the Award for the 10-year period.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2019 Best of the Best Performance Awards” for the 10-year period ended September 2018 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the sixth consecutive year that the fund has won the Award for the 10-year period.

Dana Makmur Pheim was awarded “2019 Best of the Best Country Awards – Malaysia” for the Best Islamic Product Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions. This was the second consecutive year that the fund has won award from Asia Asset Management.

* Externally verified    ^ Internally verified

Dana Makmur Pheim (Balanced Islamic Fund) won 9 out of 9 Refinitiv Lipper Fund Awards (in the category of Global Islamic Funds, Malaysia Islamic Funds and Malaysia Provident Funds) covering the 3-year, 5-year and 10-year periods for results ended December 2017.

Dana Makmur Pheim (Balanced Islamic Fund) won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2017. This was the third consecutive year that the fund has won the Award for all the 3-year, 5-year and 10-year periods.

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Thomson Reuters Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2017. This was the third consecutive year that the fund has won the Award for all the 3-year, 5-year and 10-year periods. For the 3-year and 5-year periods, the fund actually won the Award for the fourth consecutive year.

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Thomson Reuters Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2017. This was the second consecutive year that the fund has won the Award for the 3-year and 5-year periods.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2018 Best of the Best Performance Awards” for the 10-year period ended September 2017 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Dana Makmur Pheim was awarded “2018 Best of the Best Country Awards – Malaysia” for the Best Islamic Product Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

* Externally verified    ^ Internally verified

Pheim Malaysia was the sole winner of the Putrajaya Perdana Award at 4^th Malaysia Independence Award 1957 @ Anugerah Merdeka in Malaysia on September 18, 2017.

Pheim Singapore launched a new Cayman Islands fund, Pheim ASEAN All-Cap Equity Fund on May 17, 2017. The fund has been entered into the List of Restricted Schemes by the Monetary Authority of Singapore which may be offered in Singapore to accredited investor only.

Dr Tan was named “The Warren Buffett of Asia” by World Wealth Creation Conference 2017 in The Straits Times, Singapore (April 20, 2017) for being one of the best performing fund managers and for truly enhancing value-investing.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2016 Best of the Best Performance Awards” for the 10-year period ended September 2016 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was ranked No.1 for the 15-year and 20-year periods ended September 2016 under category EAA Fund ASEAN Equity, by Morningstar.

Dana Makmur Pheim (Balanced Islamic Fund) won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2016.

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Thomson Reuters Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2016. This was the second consecutive year that the fund has won the Award for all the 3-year, 5-year and 10-year periods. For the 3-year and 5-year periods, the fund actually won the Award for the third consecutive year.

Fund Return for the above 2 Categories (Global Islamic & Malaysia Islamic):

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Thomson Reuters Lipper Fund Awards (Malaysia Provident Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year and 5-year periods ended December 2016.

Fund Return for the above 3 Categories (Global Islamic, Malaysia Islamic & Malaysia Provident):

* Externally verified    ^ Internally verified

Dana Makmur Pheim (Balanced Islamic Fund) won 6 out of 6 Refinitiv Lipper Fund Awards (in the category of Global Islamic Funds and Malaysia Islamic Funds) covering the 3-year, 5-year and 10-year periods for results ended December 2015.

Pheim Malaysia was recognised by the CFA Institute as one of the first 2 firms in Malaysia to claim compliance with CFA Institute’s Asset Manager Code of Professional Conduct, which provides a benchmark of ethical conduct by asset managers and offers a higher level of confidence in firms that adopt the code.

Dr Tan was awarded “2016 Asia Pacific Entrepreneurship Awards” under the Financial Services industry category by Enterprise Asia.

Pheim Malaysia was ranked No. 1 for Best 3-Year Return on Investment (ROI) Domestic Equity Portfolio Manager Year 2015, Best Domestic Equity Portfolio Manager Year 2015 by Employees Provident Fund (EPF) of Malaysia.

Dana Makmur Pheim (Balanced Islamic Fund) won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2015.

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Thomson Reuters Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 3-year, 5-year and 10-year periods ended December 2015.

Fund Return for the above 2 Categories (Global Islamic & Malaysia Islamic):

Pheim Malaysia won Best Mixed Assets Group Award for 2015 awarded by The Edge-Thomson Reuters Lipper Fund Awards.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2015 Best of the Best Performance Awards” for the 3-year, 10-year and 20-year periods ended September 2015 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Dr Tan resigned from Pheim Malaysia as Chief Executive Officer and was appointed as Executive Chairman/ Chief Strategist of Pheim Malaysia in Feb 2016.

* Externally verified    ^ Internally verified

On October 29, 2015, Dr Tan Chong Koay was given all clear approval from the Monetary Authority of Singapore for his appointment as Chief Executive Officer/Chief Strategist and Executive Director of Pheim Singapore.

Dr Tan Chong Koay was named “Market Wizard of Malaysia” by Beijing-based The China Daily on March 14-15, 2015 Edition under the Entrepreneur Special Section coincided with the Closing Meeting of the Top Political Advisory Body’s Annual Session.

On the 20^th anniversary of Pheim SICAV-SIF-ASEAN Emerging Companies Fund, February 3, 2015, Thomson Reuters Lipper confirmed that the Fund took the top position for all the 1-year to 20-year periods among all Equity ASEAN of Lipper Global Classification for International Offshore Universe in terms of total returns in US Dollars. The return for the 20-year period since the fund’s launch was 497.37%* in US Dollar vs FTSE AW ASEAN Index + 44.56%* and its top rival’s record of 94.52%*.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2014 Best of the Best Performance Awards” for the 3-year and 10-year periods ended September 2014 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Pheim Emerging Companies Balanced Fund (Balanced Global Fund) won The Edge-Lipper Fund Awards (Malaysia) for Best Fund under Mixed Asset MYR Balanced – Global Category for the 3-year and 5-year periods ended December 2014.

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced Category for the 3-year and 5-year periods ended December 2014.

Dana Makmur Pheim (Balanced Islamic Fund) won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 1-year, 2-year and 3-year periods ended December 2014.

Pheim Asia Ex-Japan Islamic Fund won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 2-year period ended December 2014.

* Externally verified    ^ Internally verified

Pheim SICAV-SIF – ASEAN Emerging Companies Fund outperformed the FTSE AW ASEAN Index for all the trailing periods from 1-year to 19-year periods ended September 2014. It had also outperformed all its peers for all the trailing periods from 1-year to 19-year periods for Morningstar EAA OE ASEAN Equity Funds as of September 2014.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund outperformed all its benchmark indices for ALL 1-year to 19-year periods ended February and March 2014 in terms of total returns in US Dollars. It also outperformed all its peers in the Morningstar ASEAN Equity category for the same periods. The fund outperformed the benchmark FTSE ASEAN Index by a large margin for the 19-year period ended March 2014.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund celebrated its 19^th Anniversary in February. The Fund set a new long term track record by outperforming its benchmark and its peers for all the 19-year periods ended February 2014.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund was awarded “2013 Best of the Best Performance Awards” for the 3-year and 10-year periods ended September 2013 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Dana Makmur Pheim (Balanced Islamic Fund) won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category from Thomson Reuters for the 1-year period ended December 2013.

Pheim Asia Ex-Japan Islamic Fund won Thomson Reuters Lipper Fund Awards (Global Islamic Funds) for Best Fund under Equity Asia Pacific Ex-Japan Category for the 1-year period ended December 2013.

In March, Beijing-based The China Daily named Dr. Tan Chong Koay as one of the 80 Global Eminent Business Leaders.

* Externally verified    ^ Internally verified

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Lipper Fund Awards (Malaysia Islamic Funds) for Best Fund under Mixed Asset MYR Balanced – Malaysia Category for the 10-year period ended December 2012.

Pheim SICAV-SIF – ASEAN Emerging Companies Fund (formerly known as ASEAN Emerging Companies Growth Fund Ltd) has outperformed all its benchmark indices for the 1-year to 18-year periods ended September 2013 in terms of total returns in US Dollars. It has also outperformed all its peers in the Morningstar Category ASEAN Equity Funds for all periods except for the 4-year period.

* Externally verified    ^ Internally verified

Pheim Asia Ex-Japan Islamic Fund won The Edge-Lipper Fund Award (Malaysia) for Best Fund under the Equity Asia Pacific Ex-Japan Category for the 5-year period ended December 2011.

On January 14, 2012, Dr Tan was awarded 《亚太地区最受尊敬华人企业家》in China – “Most Respected Chinese Entrepreneurship Award in Asia Pacific” by China Economic Trading Promotion Agency, People’s Republic of China. (In the citation  for this award, it was stated: “Dr Tan’s ability to weather through many crises such as the Financial Crisis in 1998/1999, Tech Bubble in 2000 and the Global Financial Crisis in 2008/2009 over the span of his career demonstrated charisma and wisdom of an outstanding entrepreneur”)

* Externally verified    ^ Internally verified

ASEAN Emerging Companies Growth Fund Ltd was awarded “2011 Best of the Best Performance Awards” for the 3-year and 5-year periods ended September 2011 for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

* Externally verified    ^ Internally verified

Assets under management hit US$1.80 billion^.

Morningstar ranked ASEAN Emerging Companies Growth Fund Ltd, No. 1 in terms of total returns in US dollars, for ALL the 1-year to 15-year periods ended December 2010 for the Morningstar ASEAN Equity Category.

ASEAN Emerging Companies Growth Fund Ltd registered a return of +47.05%* vs FTSE ASEAN Index +30.53%* for the 1-year period ended December 2010.

Apex Asia Ex-Japan Balanced Fund (managed by Pheim Malaysia as the External Investment Manager) won The Edge-Lipper Malaysia Fund Awards 2011 as the Best Fund for the Mixed Asset MYR Balanced – Global Fund Category for the 3-year period ended December 2010.

ASEAN Emerging Companies Growth Fund Ltd was awarded “2010 Best of the Best Performance Awards” for the 3-year and 5-year periods ended September 2010, for the ASEAN Equity Category by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Vittoria Fund was rated 5 Stars against 863 funds for the Morningstar Asia Pacific Ex-Japan Category for the 3-year period ended June 2010.

Dr Tan was awarded “2010 Best of the Best Country Awards – CEO of the Year for Malaysia” by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

On December 19, 2010, Dr Tan was awarded “2010 China Top 10 Financial Intelligent Persons Special Award” 《中华十大财智人物特别奖》by China Culture Development Institute, People’s Republic of China. (Main reason for winning this award: “Dr Tan is a worthy model for overseas Chinese entrepreneurs.  He pioneered and shaped the asset management industry, through the crises and cycles, demonstrating charisma and wisdom of an outstanding entrepreneur”)

On October 29, 2010, Dr Tan was awarded Outstanding Entrepreneurship Award at Asia Pacific Entrepreneurship Awards (APEA) 2010, by Enterprise Asia. (Main reason for winning this award: “Dr Tan’s ability to weather major crashes exceptionally well made him one of the all-time greats among his peers in Asia”)

* Externally verified    ^ Internally verified

Assets under management hit US$1.50 billion^.

Morningstar ranked ASEAN Emerging Companies Growth Fund Ltd, No. 1 in terms of total returns in US dollars, for the 1-year to 14-year periods (with the exception of 5-year & 6-year periods which was ranked No. 2) ended August 2009 for the Morningstar ASEAN Equity Category.

ASEAN Emerging Companies Growth Fund Ltd registered a return of +106.89%* vs FTSE ASEAN Index +70.86%* for the 1-year period ended December 2009.

* Externally verified    ^ Internally verified

Assets under management was US$1 billion^.

Pheim Malaysia outperformed the Benchmark 10 out of 12 calendar years for the largest client for Malaysia Equity mandate ended December 2008. Cumulatively, Pheim Malaysia outperformed the client’s benchmark every calendar year for 12 calendar years.

Dr Tan was awarded “2008 Best of the Best Awards, CEO of the Year for Malaysia” by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

* Externally verified    ^ Internally verified

Assets under management hit US$1.20 billion^.

Dana Makmur Pheim (Balanced Islamic Fund) won The Edge-Lipper Malaysia Fund Awards for Best Mixed Asset MYR Balanced Islamic Fund for the 5-year period ended December 2007.

Pheim Malaysia was ranked No. 2 for Best Overall Malaysia Equity Portfolio Manager by the largest Malaysia Mandate client for 5 consecutive years.

Pheim Malaysia was ranked No. 1 for Best 3-year Realised Return Malaysia Equity Manager for 3 consecutive years by the largest Malaysia Mandate client.

* Externally verified    ^ Internally verified

Pheim Unit Trusts Berhad launched Pheim Asia Ex-Japan Islamic Fund, the first absolute benchmark Shariah-compliant fund in Malaysia that invests in Asia excluding Japan in November 2006.

Pheim Singapore was appointed to manage a Vietnam Fund by Aizawa Securities Co. Ltd, Japan. The fund was launched on October 1, 2006. As of end of 2006, the fund size was US$ 80 million.

Dr Tan was named “Southeast Asia’s Small-Cap King” by Bloomberg in August 2006.

Pheim Unit Trusts Berhad launched Pheim Asia Ex-Japan Fund, the first absolute benchmark fund in Malaysia that invests in Asia excluding Japan in July 2006.

Pheim Income Fund ranked No. 1 in terms of total return for the 3-year period ended December 2005 for Lipper’s General Bond category.
(Source: Personal Money, March 2006.)

Dana Makmur Pheim (Balanced Islamic Fund) ranked No. 1 in terms of total return for the 3-year period ended December 2005 for Lipper’s Mixed Asset Islamic category.
(Source: Personal Money, March 2006.)

* Externally verified    ^ Internally verified

Pheim Malaysia was awarded “2024 Best of Best Country Awards, Malaysia Best Boutique House of the Year” by Asia Asset Management, a Hong Kong based publisher of Journal of Investments and Pensions.

Pheim Malaysia was ranked No. 1 for Best 1-year Realised Return Malaysia Equity Manager by the largest Malaysia Mandate client.

Dana Makmur Pheim (Balanced Islamic Fund), managed by Pheim Malaysia, won The Edge-Lipper Malaysia Unit Trust Fund Awards 2004 for the second consecutive year for Mixed Asset-Islamic/ Syariah Category for 1-year period ending December 2004.

Pheim Singapore was appointed to manage an Asia Ex-Japan small cap fund by Aizawa Securities Co. Ltd, Japan.

ASEAN Emerging Companies Growth Fund Ltd, managed by Pheim Singapore with an ASEAN mandate, was ranked No. 1 among regional and international firms for the offshore Equity ASEAN category by Standard & Poor’s in terms of returns and information ratio for 5 consecutive years for the 3-year and 5-year periods endend December 2000, 2001, 2002, 2003 and 2004. The Fund return for the 5-year period ended December 2004 was +67.84%* vs +8.35%* for the FTSE All World Series ASEAN USD Index. In the Award-Winning Funds Supplement (July 2004) issue of Smart Investor, Singapore, it was mentioned “No one asset manager has ever ranked No. 1 for so many periods in the history of this category (Offshore ASEAN) by Standard & Poor’s”.

Vittoria Fund Ltd, managed by Pheim Singapore for the Far East Ex-Japan mandate, ranked well among regional and international firms for the offshore Equity Asia Pacific ex-Japan category in competition with about 190 other regional and institutional players. It was ranked 18^th and 11^th by Standard and Poor’s for the 3-year and 5-year periods ended 2004 respectively. The Fund return for the 5-year period ended December 2004 was +47.55%* vs +18.62%* for the MSCI AC Asia Pacific Ex-Japan USD Index.

In July 2004, Aizawa Securities Co. Ltd, Japan acquired a 5% stake each in Pheim Singapore and Pheim Malaysia.

* Externally verified    ^ Internally verified

Pheim Unit Trusts Berhad’s 3 unit trust funds, in the first full calendar year, won The Edge-Lipper Malaysia Unit Trust Fund Awards as the top fund for their respective categories for 1-year period. All 3 unit trust funds also won The Star/Standard & Poor’s Investment Fund Award as the top fund for their respective categories for 1-year period ending December 2003.

As verified by Watson Wyatt Investment Consulting, Singapore in conformity with the Level 1 verification of compliance in accordance with the AIMR Performance Presentation Standards (AIMR-PPS®), Pheim Singapore out-performed the respective benchmark every year for every Composite for 9 consecutive years (1995-2003) since inception. Pheim Singapore tends to perform better during periods when the markets experienced negative returns.

As verified by Watson Wyatt Investment Consulting, Malaysia, Pheim Malaysia’s Malaysian Composite (for the combined Malaysia mandated accounts) outperformed the KLCI benchmark every year for 10 consecutive years (1994-2003) since inception.

Pheim Singapore was appointed to manage an Asia Ex-Japan Equity Fund by NPB Neue Privat Bank AG in Zurich, Switzerland.

Pheim Singapore was the first boutique fund manager in Singapore to be granted full Investment Adviser’s License, currently known as Capital Markets Services (Fund Management) License.

Sumitomo Life Insurance Co., Japan sold off their stake in Pheim Malaysia and Pheim Singapore in April.

Pheim Unit Trusts Berhad started operations and launched the first 3 unit trust funds in January.

ASEAN Emerging Companies Growth Fund Ltd, managed by Pheim Singapore with an ASEAN mandate, was ranked No. 1 among regional and international firms for the offshore Equity ASEAN category by Standard & Poor’s in terms of returns and information ratio for the 1- to 5-year periods ended 31 December 2002.

The largest Malaysia Mandate fund (managed by Pheim Malaysia) was ranked No. 1 among 8 other external fund managers for Malaysia Equity Category for 1-year return, by client ending December 2001.

* Externally verified    ^ Internally verified

Assets under management crossed 500 Million Ringgit (USD130 million)^

Pheim Singapore 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).

Sumitomo Life Insurance Co., Japan acquired a 10% stake each in Pheim Singapore and Pheim Malaysia.

The largest Malaysia Mandate fund (managed by Pheim Malaysia) was ranked No. 1 for the second consecutive year, among 8 other external fund managers for Malaysia Equity Category for 1-year return by client, ending December 1999.

* Externally verified    ^ Internally verified

During the Asian Financial Crisis, the largest Malaysia Mandate fund (managed by Pheim Malaysia) was ranked No.1 among 8 other external fund managers for Malaysia Equity Category for 1-year return by client, ending December 1998.

Dr Tan was named the “Second Board King” by Bloomberg for his well-timed investments in small-cap companies in 1995/1996.

* Externally verified    ^ Internally verified

Malaysian Emerging Companies Growth Fund (managed by Pheim Malaysia) was ranked No. 1 by Micropal among offshore Malaysia Country funds for 1-year period for the second consecutive year for period ending December 1996.

* Externally verified    ^ Internally verified

Dr Tan Chong Koay founded Pheim Singapore and assumed the role of Chief Executive Officer/Chief Strategist till December 2010.

Dr Tan founded Pheim Malaysia and assumed the role of Chief Executive Officer/ Chief Strategist.

The Singapore SESDAQ Fund, under the supervision of Dr Tan till November 1993, was ranked top for the Micropal ranking of Far Eastern Country Funds 1993. The Fund return was +248.9%* between January 1, 1993 and January 3, 1994.

* Externally verified    ^ Internally verified

The Malaysian Emerging Companies Fund Ltd, managed by Dr Tan in John Govett, was ranked First Place by Micropal in the category of Investment Trust in the 1-year Far East Ex-Japan (Single) Sector. (Fund return +33.12%^)

* Externally verified    ^ Internally verified

Dr Tan joined John Govett (Asia) Pte Ltd as the first Director of Portfolio Investments.

Dr Tan was rated by William Mercer Zainal Fraser as the Top Manager for Retirement & Pension Funds in Malaysia.

Dr Tan was the first Executive Director of Arab-Malaysian Unit Trusts Bhd (now known as AmInvestment Services Bhd). He created, developed and launched Arab-Malaysia Gilts, the first unit trust in Malaysia to invest solely in Malaysian Government and bank-backed securities. Dr Tan became the “Pioneer of Fixed Income Unit Trust” in Malaysia.

Dr Tan participated actively in organizing and promoting the concept of raising funds from American investors to invest in Malaysian companies through Malaysia Fund Inc., the first Malaysia closed-end country fund managed by Morgan Stanley and listed in NYSE in 1987.

Dr Tan joined Arab-Malaysian Merchant Bank (the largest merchant bank in Malaysia then and now known as AmInvestment Bank) and was appointed the first Head of Investment Services. He grew the division and team from 2 staff in 1981 to 65 in 1988.

Dr Tan started his investment career at SEACORP, Malaysia (now known as Amanah Capital Partners Bhd).  Dr Tan was with SEACORP, which owned 100% of the first unit trust company in Malaysia & Singapore for 4 years and 7 months from 1976 – 1981.