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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.