Page 170 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

As at 31 December 2018, there continued to be only NAV of RM2.68 billion as at 31 December 2018
1 closed-end fund (CEF) listed on the Main Market represented an increase of 20.18% compared to a
of Bursa Malaysia with a market capitalisation of total NAV of RM2.23 billion as at 31 December 2017.
RM345.80 million (2017: RM397.60 million).
For the year under review, the SC has considered
The number of PRS funds remained unchanged with 350 applications relating to CIS and PRS, comprising
12 schemes comprising 56 funds as at 31 December applications to establish new funds, register
2018. Of these, 31 were conventional funds while prospectuses, register deeds and other ancillary
25 were shariah-compliant funds. The total industry matters (Table 4).

Table 4
Number of applications and lodgements relating to collective investment schemes and private
retirement schemes
Lodged Launched
(i) Lodgement
2018 2017 2018 2017
Wholesale funds 45 48 43 49
1
Considered Approved Pending consideration
(ii) Application As at As at
2018 2017 2018 2017
31 December 2018 31 December 2017
establishment of collective 43 51 43 51 5 5
investment schemes
– Unit trust funds 42 47 42 47 5 5
2
– Real estate investment trusts - 2 - 2 - -
– Exchange-traded funds 1 2 1 2 - -
Increase in fund size limit 2 6 2 6 - -
– Unit trust funds 1 4 1 4 - -
– Real estate investment trusts 1 2 1 2 - -
Exemption / Variation from guidelines 9 14* 8 13* 3 1

Registration of prospectuses / 124 207 124 207 8 9
disclosure documents
Registration of deeds 120 110 120 110 7 9

Other applications 52 57 51 57 3 3
ToTAL 350 445 348 444 26 27

Note:
1 Includes 2 funds which were qualified as SRI fund.
2 Includes 2 funds which were qualified as SRI fund.
* Tax certification applications are now reclassified as ‘other applications’.

160 | PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES

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