Manager’s Delegate

AHAM Asset Management Berhad

AIIMAN has appointed AHAM Asset Management Berhad (“AHAM Capital”) to undertake and support the Operations covering fund operations, fund accounting and fund valuation, client and fund performance reporting, human resource, information technology and dealing by way of a service level agreement. Under the terms of the agreement, the AIIMAN’s delegate will carry out the following services:

Functions delegate	Scope of services
Fund Operations	Monitor trades settlement inclusive of matching executed trades, resolve any failed trades, dealing with custodian, dealing with counterparty, maintaining proper records
Fund Accounting and Fund Valuation	Maintain proper accounts, carry out daily valuation/pricing for private mandate clients
Client and Fund Performance Reporting	Provide data and reports on the performance of the funds for preparation of periodical reporting to clients
Human Resource	Provide human capital services inclusive of recruitment, talent management, performance management, industrial management etc.
Information Technology	Provide support related to IT infrastructure management, maintenance and support (both hardware and software) as well as provision for support of development and testing of a detailed disaster recovery plan
Dealing	Executing trade order for equity, fixed income, foreign exchange and money markets
Registrar and Transfer Agency	Maintain a proper register of unit holders and process unit trust transactions

In addition, AIIMAN also delegate the related control functions comprising compliance, risk and legal to AHAM Capital by way of service level agreement. Under the terms of the agreement, the AIIMAN’s delegate will carry out compliance and risk management services comprising monitoring, reporting, submission to regulator as well as advisory services.

Background information

AHAM Capital is an independently-managed, institutional-owned asset and wealth management firm that started its roots in 2001, serving the needs of corporates, institutions, pension funds, government-linked companies, high net worth individuals and the mass affluent. On 29 July 2022, CVC Capital Partners (“CVC”) – a leading global alternative investment and private equity firm – completed the acquisition of a 68.35% controlling interest in AHAM Capital via a private equity fund, i.e. CVC Capital Partners Asia V managed by CVC. Starlight Asset Sdn Bhd serves as the investment holding vehicle of CVC’s investment into AHAM Capital. AHAM Capital is also 27.0% owned by Nikko Asset Management International Limited, a wholly-owned subsidiary of Tokyo-based Nikko Asset Management Co. Ltd., an Asian investment management franchise. The remaining 4.65% are held by the key management personnel of AHAM Capital.

CIMB Islamic Trustee Berhad

AIIMAN appointed CIMB Islamic Trustee Berhad (“CITB”) to undertake the accounting and valuation function for the Fund by way of a service level agreement. Under the terms of the agreement, CITB would maintain proper accounts, and carry out daily valuation/pricing of the Fund.

CIMB Islamic Trustee Berhad was incorporated on 19 January 1988 and registered as a trust company under the Trust Companies Act, 1949 and having its registered office at Level 13, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral 50470, Kuala Lumpur, Malaysia. The Trustee is qualified to act as a trustee for collective investment schemes approved under the Act. CIMB Islamic Trustee Berhad has been involved in unit trust industry as trustee since 1990. It acts as Trustee to various unit trust funds, real estate investment trusts, wholesale funds, private retirement schemes and exchange traded funds.