In the Matter of PAMI Asia Balanced Fund, Inc.

April 25, 2019 CORPORATE GOVERNANCE AND FINANCE DEPARTMENT IN THE MATTER OF PAMI ASIA BALANCED FUND, INC., registrant . AMENDED REGISTRATION STATEMENT NOTICE Notice is hereby given that on December 18, 2018 an Amended Registration Statement was filed with the Securities and Exchange Commission on behalf of PAMI Asia Balanced Fund, Inc. ("PABF") to reflect the following changes in its registration statement as follows: Subject Original Provision Proposed Amendments Investment Objectives The Fund provides investors with income and long-term capital appreciation through investments in equities, equity-related securities and debt securities of Asian issuers. To achieve capital growth and generate steady income Portfolio Mix PABFI is managed according to the asset allocation of 50% equities and 50% fixed income and money market instruments. This mix allows for participation in the equity markets, which yields higher returns and will enhance the "growth" potential of the portfolio whilst the allocation to bonds ensures that the portfolio is adequately buffered against volatility and risk of capital loss. This is a US Dollar-denominated balance fund that invests in equities, equity-related securities and debt securities of Asian issuers. Benchmark, Investment Horizon and Risk Class None Investment Horizon: Medium to Long Risk Class: Moderate Benchmark: 50.0% MSCI AC Pacific ex Japan DTR Net + 50% Markit Iboxx. Offering Price The company's shares shall be sold at NAVPS for the banking day, if payment is made within the daily cut-off time; otherwise, the NAVPS on the following banking day will be used if payment is made after the daily cut-off time plus an entry fee or sales load depending on the investment amount. The daily cut-off time will be 12:00 noon of a banking day. A banking day is defined as a day when commercial banks in Metro Manila are not required or authorized to close by law. The offering price of one share is its Net Asset Value Per Share (NAVPS) plus an entry fee or sales load together with any applicable taxes. The offering price is determined at NAVPS for the banking day if payment is received by PAMI within the daily cut-off time. The NAVPS on the following banking day will be used for transactions received by PAMI after the daily cut-off time plus a current entry fee or sales load together with any applicable taxes depending on the investment amount. The daily cut-off time shall be 12:00 noon of a banking day. A banking day is defined as a day when commercial banks in Metro Manila are required to be open for business. The prospectus was amended to align with all other PAMI managed Funds prospectus. Other information were included to comply with the disclosure requirements of the amended ICA-IRR. Said Amended Registration Statement and other papers/documents attached thereto are open to inspection by interested parties during business hours and copies thereof, photostatic or otherwise, shall be furnished to any party upon request at such fees as the Commission may prescribe. The Amended Registration Statement dated November 29, 2018 may also be downloaded from www.philamfunds.com.ph . Issued on April 25, 2019. (SGD.) RACHEL ESTHER J. GUMTANG-REMALANTE Officer-in-Charge Published in the Manila Bulletin on December 8 and 15, 2019.