A MAASTER Investment Plan can help you achieve them.

It's common to put off making investment decisions. However, usually the earlier you start investing, the sooner you can achieve your financial goals - and then your dreams.

You need to take control. Work out your long term needs and set yourself financial goals.

Consider a managed investment such as a MAASTER Investment Plan. A managed investment is an investment vehicle that allows your money to be pooled with that of other investors, and together you will take advantage of a professional investment expertise investing in a portfolio of a diversified range of investments.

To take control of your investment we provide you with a choice of three Investment Options. Each Investment Option is invested in a diversified portfolio that spreads its investments across the major sectors of the investment market.

Investing in such a fund may help you achieve your financial goals by providing a mix capital and income returns and spreading the risk across a number of investment market sectors or assets classes.

You choose from three diversified Investment Options, each one offering different levels of income, capital growth and security to meet your needs.

MAA GROWTH FUND

MAA BALANCED FUND

MAA INCOME FUND

Simply select the Invesment Option that is right for you or choose a mixture of all three. You can also change options as your needs change.

A MAASTER Investment Plan reduces the administrative burden of you investing directly while at the same time providing you with the protection and security of a Guaranteed Death and Disablement Benefit.

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The success of the MAASTER Investment Plan is linked to a variety of different types of investments, including shares bought on the Kuala Lumpur Stock Exchange (KLSE), fixed income securities such as bonds, and cash deposits. This means that MAASTER Investment Plan will over the long term benefit from any gains made in the stock market, as well as from high interest rates earned from bonds and cash deposits. The best time to buy the MAASTER Investment Plan is when the stock market is low.

2. Professional Investment Management

No longer do you have to worry abut what to buy, or when. MAA's professional investment management team have almost 30 years experience of money management buying and selling stocks and shares, bonds and placing funds in areas which secure the best rates of interest. This has resulted in thousands of investors making consistently good returns through bonuses & dividends as policyholders of MAA. Your MAASTER Investment Plan provides professional money management around the clock, freeing you up to do the things you want to do, and providing you with full peace of mind that your money is in good hands.

3. Investment Diversification

The MAASTER Investment Plan invests into a large and diversified portfolio of investments on behalf of many investors. With large amounts to manage, the MAASTER Investment Plan is able to invest in many different stocks and shares as well as place funds into guaranteed areas of return such as cash and bonds. This diversification allows all investors in the MAASTER Investment Plan, both large and small, to benefit from broad based and diversified investment. Diversification helps to protect your investment from sudden downturns in individual shareholdings whilst providing returns when markets are rising.

4. Choice of Funds

The MAASTER Investment Plan offers three funds to choose from under the one plan to suit your individual investment requirements.

5. Transfer or Switching Facility

The MAASTER Investment Plan allows you to switch your investments from one fund to another whenever you like, giving you ultimate control over your investment exposure.

6. Life Insurance Automatically Included

Come what may, your capital is protected for your loved ones through the automatic inclusion of life insurance. The MAASTER Investment Plan will pay out a minimum of 130% of your original investment in the unlikely event of something happening to you. This makes the MAASTER Investment Plan an ideal planning vehicle when investing for your future, as it protects your capital for the benefit of your loved ones as well as yourself.

7. Tax Advantages

Your MAASTER Investment Plan is classified as a 'Single premium investment-linked life insurance policy'. This means that under current arrangements, when you come to cash in part or all of your plan in the future, the proceeds are treated in the same way as other life insurance policies and can be taken tax-free. This makes MAASTER Investment Plan an ideal planning vehicle for long term capital appreciation, especially if you would like to benefit from additional tax free cash drawings from your MAASTER Investment Plan in retirement.

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Please note that the underlying assets of each Fund can fluctuate on a daily basis. As a result you should remember that Unit Prices fluctuate and they can fall as well as rise. The investment risks under the policy are borne solely by policyowners.

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How many units you will receive

To calculate the number of units we will issue you, we divide the amount you invest less the Service Fee and Insurance Charge by the Unit Price determined for the next business day (or immediate next Valuation Date) after an Application Form is received. Unit pricing is discussed under Other Information.

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You can add to your initial investment at any time by simply sending us a completed Additional Premium (Top-Up) Application Form and cheque, or by visiting any MAA Branch. The Minimum Additional Premium is RM500.

Transferring Your Investment Between Funds

A MAASTER Investment Plan gives you the flexibility to transfer all or part of your investment between the Funds. Transferring involves the redemption of units from one Fund and the investment into another Fund.

A transfer is effectively a request to:

• withdraw all or part of an investment in one Fund, at the Unit Price applicable to units in that Fund at the time of the transfer, and
• use the proceeds (after deducting any Fees) to buy units in another Fund at the Unit Price applicable to units in that Fund.

To transfer between Funds you must complete a Request to Withdraw/Transfer Form and send it to MAA Head Office or any MAA Branch. You may request either a specified number of units to be transferred or a specified ringgit amount to be transferred from Fund to Fund.

In some cases a fee is charged for transferring the investment. See the Fees and Expenses section.

The minimum amount that may be transferred is RM500, or the entire unit holding in that Fund, whichever is lower.

Withdrawals

Part or all of an investment may be withdrawn by redeeming units in a Fund. To do so, you must complete a Request to Withdraw/Transfer Form and sent it to MAA Head Office, or any Branch. The minimum withdrawal amount is RM500 per Fund. However, the minimum investment balance that must be maintained across all Funds is RM5,000.

The Unit Price paid per unit is the Fund unit price at the next immediate Valuation Date after MAA Head Office receives the completed withdrawal request. Under normal circumstances, payment of withdrawals will be within 10 business days.

Life Insurance

To supplement the investment benefits we provide you or the Insured Person with the security and protection of a Guaranteed Death and Total and Permanent Disability Benefit (TPD).

The Death Benefit payable shall be the higher of:

• 130% of the Initial Premium plus 130% of any subsequent Additional (Top-Up) Premiums (i.e. the Guaranteed Benefit), or
• 100% of the value of all units held at the date of death.

If prior to the attainment of age 60 the Insured Person suffers Total and Permanent Disability (TPD) a benefit shall be paid. The TPD benefit is calculated in the same manner as the Death Benefit.

If you make a withdrawal the amount of your Guaranteed Death and TPD Benefit will also reduce. Your Guaranteed Death and TPD Benefit is adjusted by deducting from the current amount of your benefit 130% of the value of any withdrawals made.

The policy shall terminate upon payment of the Death or TPD Benefit.

Exclusions

Death from suicide within one year from the Issue Date shall limit the benefit payable to 100% of the value of all units held at the date of death. The TPD Benefit shall not be payable for any Disability caused directly or indirectly, wholly or partly, by any of the following occurrences:-

• attempted suicide or self-inflicted injuries while sane or insane;
• armed forces or police service in time of declared or undeclared war or while under the orders for warlike operations or restoration of public order;
• entering, operating or servicing, riding in or on, ascending or descending from or with any aerial device or conveyance except while the Insured Person is in an aircraft operated by a commercial passenger airline on a regular scheduled passenger trip over its established passenger route.

Income Distributions

We call income you receive a distribution. It may include:

• net income received by the Fund such as interest, dividends and rent, and
• capital gains (less losses) realised when we sell Fund Investments.

Distributions can vary, and at times, there may be no income for us to distribute. The Income Distribution Policies of each Fund are as follows:

MAA Growth and Balanced Fund In accordance with the investment objectives of these Funds, the level of net income may be incidental but will be distributed annually by way of Bonus Units. Realised gains will be automatically reinvested to provide capital growth and will be reflected in increases in the Net Asset Value and thus Unit Prices.

MAA Income Fund As the investment focus will be towards generating annual incomes to policyholders, ordinary income will be distributed annually at the end of each Distribution Period (or more frequently as decided by the Company) by way of a Cash Dividend.

How is my income calculated?

Your income depends on the number of units you hold at the end of the Distribution Period (i.e. 31 December).

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A Service Fee of 5.0% will apply and is deducted from the Initial Premium and any Additional Premiums before any units  are issued. The Total Service Fee is allocated in the same ratio  as you decide to invest in the different Funds.

Management Fees

The Annual Management Fee is calculated when the unit prices are calculated and charged against each Fund. The Annual Management Fee will be 1.5% per annum of the total gross investments of all the three Funds.

Transfer Fee

We will not charge a Transfer Fee for the first transfer in a policy year. However, any subsequent transfers will be charged a fee of 1% of the amount being transferred (subject to a maximum fee of RM100).

Insurance Charge

An Insurance Charge will be deducted from the Initial Premium and any Additional Premiums before any units are issued. The actual % charged will be dependent on the age last birthday and health of the proposed Insured Person at the date the application is received.

Other Expenses

Other expenses associated with maintaining the Funds will be charged equally against each Fund. Such expenses may include:

• transaction costs involved in buying and selling assets
• the reasonable fees and expenses of the auditor of a Fund
• certain duties and taxes paid in connection with a Fund

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Your Transaction

Once your application is accepted, we will issue you with a Policy Document and an Initial Statement, setting out among other things, the number of units issued to you and your Guaranteed Death and TPD Benefit. If you contribute an Additional Premium, withdraw or transfer units, we will send you confirmation of your transaction.

Annual Statement and Report

After the end of each financial year ending 31 December we will send you a Policyowner Statement detailing the status of your policy and among other things, any income distributed. In addition we will send you an Annual Report containing an audited financial statement and a review of the operations and performance of each Fund.

Unit Pricing

We revalue the investments and calculate the unit prices for each Fund every business day (Valuation Date).

The Unit Prices for each Fund are determined by dividing the Net Asset Value of the Fund by the number of units in the Fund on that particular Valuation Date. The Net Asset Value of a Fund is the value of the Fund investments and cash held (calculated in accordance with the policy document) less a deduction for the Management Fee, less expenses and liabilities of the Fund including any provision for future liabilities.

For example, future provision might be made for any statutory charges, tax on - investment income, capital gains or any accrued or anticipated income. Other provisions might be made for possible future losses on an investment which is valued incorrectly or cannot be fairly determined.

Unit prices will be published in the newspaper and will be available from our website at http://www.maa.com.my

Changing Your Mind

When you receive your MAASTER Investment Policy, you have 15 days to withdraw your investment without paying any fees (should they be applicable) if you decide that for any reason that the policy does not meet your needs. If you exercise this right, the amount paid to you will be increased or reduced to reflect any movement in Unit Prices of the Investment Option(s) you selected.

Inquiries

If you have any inquiry relating to the operation or management of your MAASTER Investment Plan, you can contact your MAA Servicing Agent or any of the MAA branches nationwide.

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