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256            KUMPULAN WANG PERSARAAN (DIPERBADANKAN)  OTHER INFORMATION


                                                    glossary
                                                    of terms




          APExJ (Asia Pacific Ex-Japan)                      CAPEx (Capital Expenditure)
          the ftse apeXJ is one of a range of indices designed to   capeX are funds used by a company to acquire, upgrade,
          help investors to benchmark their asia pacific investments.  and maintain physical assets such as property, plants,
                                                             buildings, technology, or equipment.
          ARR (Accounting Rate of Return)
                                                             Derivative Pension
          arr is a measurement of the rate of return based on the
          formula that divides the net income over the average fund   a monthly pension derived due to the death of a civil
          size.                                              servant /civil pensioner that is paid to eligible beneficiaries,
                                                             as stated in the relevant pension act.
          ASSA (ASEAN Social Security Association)
                                                             ESG (Environmental, Social and Governance)
          assa was formed to provide a forum for  member
          institutions to exchange views and experiences on social   esg investing refers to a set of standards for a company’s
          security issues.                                   behaviour used by socially conscious investors to screen
                                                             potential investments.
          BMJ (Bantuan Mengurus Jenazah or Funeral
          Arrangement Assistance)                            FTSE (The Financial Times Stock Exchange Index)
          bmJ is given to the heirs of malaysian government retirees   ftse 100 index is a share index of the 100 companies
          who passed away on and after 15 october 2010, including   listed on the london stock exchange with (in principle) the
          retirees who opt for the epf scheme (prior to this date, no   highest market capitalisation.
          refund was given if the pensioner passed away).
                                                             Gross Domestic Product (GDP)
          BPS (Basis Points)
                                                             gdp is the standard measure of the value added created
          bps refers to a common unit of measure for interest rates   through the production of goods and services in a country
          and other percentages in finance. one basis point is equal   during a certain period.
          to 1/100th of 1%, or 0.01%, or 0.0001, and is used to
          denote the percentage change in a financial instrument.   IPG (Investment Policy and Guidelines)
          the relationship between percentage changes and basis   ipg serve to clearly communicate to all relevant parties
          points can be summarised as follows: 1% change = 100   the procedures, investment philosophy, guidelines and
          basis points and 0.01% = 1 basis point.            constraints to be adhered to by the parties.

          Buyout                                             IRS (Interest Rate Swap)
          a  buyout  is  the  acquisition  of  a  controlling  interest   an exchange of one set of cash flows (based on interest
          in a company and is used synonymously with the     rate specifications) for another. it is often an exchange of
          term acquisition.  if the stake is bought by the firm’s   a fixed payment for a floating payment that is linked to
          management, it is known as a management buyout and if
          high levels of debt are used to fund the buyout, it is called   interest rate.
          a leveraged buyout. buyouts often occur when a company
          is going private.
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