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PRSB Investment and Sector Definition:

Equity:

BUY: Total stock return expected to exceed +10% over 12-month period

HOLD: Total stock return to be between -10% and +10% over a 12-month period

SELL: Total stock return is expected to below 10% over a 12-month period

Sector:

OVERWEIGHT: The sector is expected to outperform the overall FBMKLCI over the next 12 months

NEUTRAL: The sector is to perform in line with the overall FBMKLCI market over the next 12 months

UNDERWEIGHT: The sector is expected to underperform the overall FBMKLCI market over the next 12 months

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