Market Review May 2025
Risk asset trading volatility continued to heighten across regions amidst uncertain, unexpected and frequent policy changes by the US administration. Prices gyrated in response to Trump’s pronouncements of sudden changes to the US tariff measures. The World Index recovered from last month’s 4.64% fall, gaining 0.74% in
Income Distribution 2025
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Market Review April 2025
Risk asset trading volatility heightened across regions on potential additional tariff implementation by US administration. The World index’s decline deepened, falling further by 4.64%. The MSCI Far East Ex. Japan index also declined 2.44%, reversing from February’s 3.37% rise, driven by Taiwan and Korea markets. ASEAN equities
Market Review March 2025
Risk asset performance diverged across regions. Notably, US and ASEAN region underperformed, while China/HK shares had a good run. The World index declined 0.81% against MSCI Far East Ex. Japan index’s 3.37% rise. ASEAN equities underperformed relatively with a return of declined 3.67%. H shares (+14.02%) and
Market Review February 2025
Recovering from a retracement in December 2024, developed markets risk assets made good gains in the first month of the new year The World index gained 3.47% against MSCI Far East Ex. Japan index’s 1.81% rise. ASEAN equities underperformed relatively with a return of -1.53%. Korea shares
