Islamic · Equity
PAXJI
Pheim Asia Ex-Japan Islamic Fund
Award-winning Shariah equity across Asia
Award-winning Shariah equity across Asia
To achieve long-term capital appreciation through investments in a Shariah-compliant diversified portfolio of equities across Asia, excluding Japan.
Recognised by multiple industry awards for consistent Shariah-compliant equity performance across Asia.
All holdings screened against international Shariah standards, reviewed regularly by the Shariah Adviser.
Invests across key Asian economies including China, India, South Korea, Taiwan and ASEAN.
Managed by the same experienced investment team behind our flagship Asia ex-Japan strategies.
Suitable for Muslim investors or ethical investors seeking long-term capital growth through Shariah-compliant Asian equities, with a higher risk tolerance and a minimum investment horizon of 5 years.
Important: Unit trust investments carry risks including market risk, interest rate risk, and currency risk. Past performance is not a guarantee of future returns. Please read the Master Prospectus and consult a licensed financial adviser before investing.
PAXJI invests in Shariah-compliant equities across Asian markets excluding Japan, complying with Shariah requirements throughout.
Performance Benchmark: MSCI AC Asia Islamic Ex-Japan Index.
Over the past 17 years since inception, PAXJI has won a total of 5 LSEG Lipper Fund Awards.
PAXJI conducted a 1:1 unit split on 30 November 2017. All unitholders received double the number of units they originally held, with the total NAV value remaining the same. The decision was taken as the buying price per unit had risen to approximately MYR 1.30–1.33 — directly reflecting the fund's strong performance since inception.
| Category / Type | Equity / Growth (Islamic) |
| Launch Date | 1 November 2006 |
| Income Distribution 2026 | 4.50 sen per unit |
| Fund Size (31 Dec 2025) | MYR 15.43 million |
| Investment Manager | Affin Pheim Asset Management Sdn Bhd |
| Trustee | Maybank Trustees Bhd |
| Shariah Adviser | Amanie Advisors Sdn Bhd |
| Maximum Sales Charge | 5% |
| Annual Management Fee | 1.50% p.a. |
| Annual Trustee Fee | 0.055% p.a. |
| Initial Offer Price | RM 1.00 |
| NAV/Unit (31 Dec 2025) | RM 0.5025 (Adjusted for distributions since inception: RM 2.0184) |
| Min. Initial Investment | RM 1,000 |
| Min. Additional Investment | RM 100 |
| EPF Member's Investment Scheme | Yes |
As at 31 August 2026
| Period | Fund Performance |
|---|---|
| 1-Year | 5.91% |
| 3-Year | 5.91% |
| 5-Year | -6.79% |
| 10-Year | 53.34% |
| 15-Year | 124.00% |
| Since Inception | 120.61% |
| Annualised Return Since Inception | 4.08% p.a. |
Source: LSEG Lipper.IM. Data as at 31 August 2026. Since inception period: 21 November 2006 – 31 August 2026.
Income distributions declared per unit, based on the latest available records.
Rate per unit as declared on 24 April 2026
| Pheim Emerging Companies Balanced Fund | 6.00 sen |
| Dana Makmur Pheim | 3.75 sen |
| Pheim Income Fund | 0.75 sen |
| Pheim Asia Ex-Japan | 8.00 sen |
| Pheim Asia Ex-Japan Islamic | 4.50 sen |
| Pheim Greater China Islamic Fund | 6.50 sen |
| Pheim ASEAN Islamic Fund | 6.50 sen |
| Pheim Global ESG Islamic Fund | 6.15 sen |
Sen per unit · 2007 – 2026
Download the latest fund documents before investing.
No hidden costs. Here is everything you need to know before you invest.
For full fee details, refer to the Master Prospectus or contact [email protected]
Based on the fund’s portfolio returns as at 30 September 2026, the Volatility Factor (VF) for this fund is 13.2 and is classified as “High” (Source: Lipper). “High” generally includes funds with VF that are between 11.86 but not more than 16.705. The VF means that 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. The VF for the fund may be higher or lower than the VC, depending on the market conditions. 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. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. Investors are advised to read and understand the contents of [Pheim Master Prospectus dated 6 April 2023, Pheim First Supplemental Master Prospectus dated 31 October 2023 and Pheim Second Supplemental Master Prospectus dated 2 January 2025] (collectively, the "Prospectuses"), as well as the fund's Product Highlights Sheet (“PHS”) before investing. The Prospectuses and PHS are available at offices of Affin Pheim Unit Trusts Berhad (“Company”) or its authorised distributors and investors have the right to request for a copy of the Prospectuses and PHS. Any advertisement issued by the Company has not been reviewed by the Securities Commission Malaysia ("SC"). The Prospectuses have been registered with the SC who takes no responsibility for its contents. The registration of Prospectuses with the SC does not amount to nor indicate that the SC has recommended or endorsed the product. Units will only be issued upon receipt of the application form accompanying the Prospectuses. Past performance of the fund is not an indication of the fund's future performance. Unit prices and distribution payable, if any, may go down as well as up. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net Asset Value (“NAV”) per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Where a unit split is declared, investors are advised that the value of their investment in Malaysian Ringgit will remain unchanged after the issue of the additional units. Investments in the fund are subject to investment risks as disclosed in the Prospectuses. Investors are advised to consider these risks and the fees, charges and expenses involved before investing. Investors may also wish to seek advice from a professional adviser before making a commitment to invest in units of any of our funds.
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