AmAl-Amin Fund Report - March 2018

Transcription

1. AmAl-Amin 3-year Fund Volatility 0 .1 Very Low March 2018 Lipper Analytics 31 Jan 2018 AmAl-Amin (the "Fund") aims to provide you with a regular stream of "halal" monthly income* by investing in Islamic money market and Sukuk. The Fund is suitable for investors: • seeking to invest your cash portion of your investment portfolio • seeking capital preservation** • seeking to invest your excess cash for short-term*** • with short or medium-term**** investment goals • desire a stream of potential Shariah-compliant monthly income* Note: * The income could be in the form of units or cash ** Capital preservation does not mean that the capital is guaranteed or protected *** Short-term refers to a period of one (1) year or less. **** Short to medium-term refers to an investment horizon of one (1) to three (3) years. Any Material change to the investment objective of the Fund would require Unit Holder's approval. Top Holdings* (as at 28 February 2018) Kapar Energy Ventures Sdn Berhad / AA+ Etiqa Takaful Berhad / AA1 Encorp Systembilt Sdn Bhd / AA1 Small Medium Enterprise Development Bank (M) Bhd / NR(LT) RHB Islamic Bank Berhad / AA3 5.50% 5.08% 4.64% 4.50% 4.49% * As percentage of NAV. Please note that asset exposure for the Fund is subject to frequent change on a daily basis. Source: AmFunds Management Berhad Rating Allocation* (as at 28 February 2018) AAA, 7.50% Investment Strategy • Short to medium-term Sukuk and Islamic money market instruments with minimum short-term local credit rating of P2 (by RAM) or MARC2 (by MARC) • Long-term credit rating of A3 (by RAM) or A- (by MARC) • Conform to the principles of Shariah • Weighted average maturity of investments will not exceed one year Cash, 45.00% AA, 43.00% Source: AmFunds Management Berhad Government / Quasi Government, 4.50% Fund Details Fund Category Fund Launch Date Offer Price at Launch NAV (28 Feb 2018) Total Units (28 Feb 2018) Fund Size (28 Feb 2018) Annual Management Fee Annual Trustee Fee Entry Charge Exit Fee Redemption Payment Period * Islamic Fixed Income 26 November 2001 MYR 1.00 MYR 1.00 111.31 million MYR 113.52 million Up to 0.75% p.a. of the NAV of the Fund Up to 0.07% p.a. of the NAV of the Fund Nil Nil The first RM30 million will be on the following Business Day upon receipt of redemption request. * Any amount above the first RM30 million will be no later than four (4) Business Days after receipt of redemption request. * A second redemption request submitted will only be processed once the first redemption request has been fully paid. * Note: The Manager may for any reason at any time, where applicable, extend the payment of the net redemption proceeds no later than ten (10) calendar days from the date the redemption request is received by the Manager. Investment Manager Income Distribution AmIslamic Funds Management Sdn Bhd Income is calculated daily and paid monthly within 14 days after the last day of each month or on full redemption * As percentage of NAV. Please note that asset exposure for the Fund is subject to frequent change on a daily basis. Source: AmFunds Management Berhad Fund Performance (as at 28 February 2018) Cumulative performance over the period (%) 60.00 50.00 40.00 30.00 20.00 10.00 0.00 Nov-01 Feb-18 AmAl-Amin Malayan Banking Berhad Al-Mudharabah (GIA) 1-Month Rate The value of units may go down as well as up. Past performance is not indicative of future performance. Source: AmFunds Management Berhad Performance Data (as at 28 February 2018) Source: AmFunds Management Berhad Fund (%) *Benchmark (%) 1m 6m 1 yr 3 yrs 5 yrs 0.22 1.44 2.95 9.55 15.89 0.24 1.49 3.13 10.90 17.27 *Malayan Banking Berhad Al-Mudharabah (GIA) 1-Month Rate Source Benchmark: *AmFunds Management Berhad Source Fund Return : Novagni The Fund Performance is calculated based on NAV-to-NAV using Time Weighted Rate of Return (''TWRR'') method Calendar Year Return Fund (%) *Benchmark (%) 2017 2016 2015 2014 2013 2.96 3.25 3.09 2.86 2.77 3.19 3.81 3.50 2.88 2.75 *Malayan Banking Berhad Al-Mudharabah (GIA) 1-Month Rate Source Benchmark: *AmFunds Management Berhad Source Fund Return : Novagni The Fund Performance is calculated based on NAV-to-NAV using Time Weighted Rate of Return (''TWRR'') method
2. Disclaimer Based on the Fund ’s portfolio returns as at 31 January 2018, the Volatility Factor (''VF'') for this Fund is 0.1 and is classified as "Very Low" (Source: Lipper). "Very Low" includes funds with VF that are lower 1.785 (Source: Lipper). The VF means there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (''VC'') is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision and VC will be revised every six months. The Fund’s portfolio may have changed since this date and there is no guarantee that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. The information contained in this material is general information only and does not take into account your individual objectives, financial situations or needs. You should seek your own financial advice from an appropriately licensed adviser before investing. You should be aware that investments in a unit trust fund carry risks. An outline of some of the risks is contained in the Master Prospectus dated 10 September 2017 & 1st Supplemental Master Prospectus dated 4 January 2018 (collectively referred as the “Master Prospectus”). The specific risks associated with investment of the Fund are credit and default risk, cancellation of units risk, income distribution risk, liquidity risk, rate of return risk, Shariah non-compliance risk and counterparty credit risk as contained in the Prospectus. Unit prices and income distribution, if any, may rise or fall. Past performance of a Fund is not indicative of future performance. Please consider the fees and charges involved before investing. Units will be issued upon receipt of completed application form accompanying the Prospectus and subject to terms and conditions therein. Where a distribution is declared, you are advised that following the distribution, the Net Asset Value (“NAV") per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Where a unit split is declared, you are advised that following the issue of additional units, the NAV per unit will be reduced from pre-unit split NAV to post-unit split NAV. Kindly take note that the value of your investment in Malaysian ringgit will remain unchanged after the distribution of the additional units. You have the right to request for a copy of Product Highlights Sheet for the Fund. You are advised to read and understand the contents of the Product Highlights Sheet and the Prospectus before making an investment decision. The Prospectus has been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. You can obtain a copy of the Product Highlights Sheet and the Prospectus from any of our representative office and authorized distributor. AmFunds Management Berhad does not guarantee any returns on the investments. In the event of any dispute or ambiguity arising out of the other language translation in this leaflet, the English version shall prevail. Note: All fees, charges and expenses disclosed in this material are expressed on a Goods and Services Tax (“GST”)-exclusive basis. Accordingly, to the extent that services provided are subject to GST, the amount of GST payable on any related fees, charges and/or expenses will be payable by the unit holder(s) and/or the Fund (as the case may be) in addition to the fees, charges and expenses disclosed in this material. Privacy Notice: AmFunds Management Berhad (Company Registration: 154432-A) issued its Privacy Notice as required by Personal Data Protection Act 2010, which details the use and processing of your personal information by AmFunds Management Berhad. The Privacy Notice can be accessed via www.aminvest.com and is also available at our head office. If you have any queries in relation to the Privacy Notice of AmFunds Management Berhad, please feel free to contact our Client Service Officers at Tel: +603 2032 2888 OR e-mail: enquiries@aminvest.com. Growing your investments in a changing world