Affin Hwang Aiiman Balanced Fund Report - December 2020

Transcription

1. 3-years Fund Volatility 12 .3 Overall Rating Moderate Lipper analy tic s 30 N ov 20 MYR Class Affin Hwang Aiiman Balanced Fund The Fund aims to achieve reasonable returns in both income and capital growth over a medium to long term period by investing in a wide portfolio of authorised securities and other investments which complies with Shariah principles. Fund Type Income & Growth Benchmark 60% FTSE-Bursa Malaysia EMAS Shariah Index and 40% Maybank 3month GIA rate Base Currency MYR Launch Date / IOP 11 November, 2001 / MYR0.50(MYR) Financial Year End 31 March Subscription Cash / EPF Initial Sales Charge Max 5.5% of the NAV per Unit EPF Sales Charge Max 3.0% of the NAV per Unit Annual Management Fee Max 1.50% per annum Repurchase Charge N/A Performance Fee N/A Minimum Investment / Minimum Subsequent Investment MYR200 / MYR100(MYR) As at 31 December, 2020* Fund Size / NAV Per Unit MYR29.2million / MYR0.6133(MYR) Fixed Income Yield 5.7% Fixed Income Duration 5.6 years Performance Record as at 31 December 2020* Performance Table as at 31 December 2020* Cumulative Return Over The Period (%) Since 1 Month 1 Year 3 Year Inception 2.5 31.8 25.7 172.3 0.1 7.4 3.6 51.0 Total Return (%) Fund (MYR) Benchmark (MYR) 300 Indexed Performance (%) Fund Category Islamic Balanced 250 Since 1 Year 3 Year 5 Year Inception 31.8 7.9 8.8 5.4 7.4 1.2 1.8 2.2 Annualised Return (%) Fund (MYR) Benchmark (MYR) 200 150 Calendar Year Return (%) Fund (MYR) Benchmark (MYR) 100 70 Apr 07 Jun 10 Oct 13 1ABF Apr 16 Sep 18 Dec 20 Year To Date 31.8 7.4 2019 3.8 3.7 2018 -8.1 -7.0 2017 15.2 7.8 Sourc e: Lipper Benchmark Nov ember, 2001 to Dec ember, 2020 NAV-NAV pric es and as s uming reinv es tment of dis tributions into the Fund, gros s inv es tment bas ed in MYR. The v alue of Units may go down as well as up. Pas t performanc e is not indic ativ e of future performanc e. Sourc e: Lipper Top Holdings as at 31 December 2020* Sukuk Issuer Mex Ii Sdn Bhd Lebuhraya Duke Fasa 3 Sdn Bhd Ytl Power International Bhd Wct Holdings Bhd Wct Holdings Bhd Income Distribution History Coupon 6.30% 5.95% 5.05% 5.80% 4.95% Maturity Date 29.04.33 23.08.34 03.05.27 27.09.49 22.10.21 Equities Uwc Bhd Wah Seong Corporation Bhd Unisem M Berhad Ghl Systems Bhd Supercomnet Technologies Bhd % 5.1 3.1 3.0 3.0 2.9 Sector Allocation as at 31 December 2020* 12.4% 10.2% Real Estate Others 1.9% 4.1% 63.6% A 11.3% 3.8% 3.6% 2.1% 2.4% Cash & Cash Equivalents Equity AA 8.5% Financials Consumer Goods Dis tribution Polic y : The fund will dis tribute inc ome s ubjec t to the av ailability of inc ome. Annually : MYR 9.2% Basic Materials Financial Services 2017 2018 2019 2020 Yield (%) 1.0 1.0 3.6 3.3 Credit Profile as at 31 December 2020* 1.9% Technology Oil & Gas Gross Distribution (Sen) 0.50 0.50 1.75 1.75 18.4% 16.9% Industrials Utilities % 7.3 3.8 3.7 3.5 3.5 Fixed Income BBB 25.1% 4.7% Cash & Cash Equivalents The Credit Profile abov e are a perc entage of the Fund's fix ed inc ome portion only . * The data prov ided abov e is that of the Fund and is a perc entage of NAV as at 31 Dec ember 2020. All figures are s ubjec t to frequent c hanges on a daily bas is and the perc entages might not add up to 100% due to rounding. To inv es t in a Clas s other than MYR Clas s and/or MYR-Hedged Clas s , inv es tors are required to hav e a foreign c urrenc y ac c ount with any Financ ial Ins titution as all trans ac tions relating to the partic ular foreign c urrenc y will ONLY be made v ia telegraphic trans fer. The Mornings tar Rating is an as s es s ment of a Fund's pas t performanc e-bas ed on both return and ris k -whic h s hows how s imilar inv es tments c ompare with their c ompetitors . A high rating alone is ins uffic ient bas is for an inv es tment dec is ion. W here a dis tribution is dec lared, inv es tors are adv is ed that following the is s ue of additional Units /dis tribution, the NAV per Unit will be reduc ed from c um-dis tribution NAV to ex -dis tribution NAV. Bas ed on the Fund's portfolio returns as at 30 Nov ember 2020, the Volatility Fac tor (VF) for this Fund is 12.3 for MYR Clas s (Moderate) (s ourc e: Lipper). Very Low inc ludes Funds with VF that are not more than 3.635. Low inc ludes Funds with VF that are abov e 3.635 but not more than 10.71. Moderate inc ludes Funds with VF that are abov e 10.71 but not more than 14.185. High inc ludes Funds with VF that are abov e 14.185 but not more than 17.16. Very High inc ludes Funds with VF that are abov e 17.16. The VF means there is a pos s ibility for the Fund in generating an ups ide return or downs ide return around this VF. The Volatility Clas s (VC) is as s igned by Lipper bas ed on quintile rank s of VF for qualified funds . The Fund's portfolio may hav e c hanged s inc e this date and there is no guaranteed that the Fund will c ontinue to hav e the s ame VF or VC in the future. Pres ently , only funds launc hed in the mark et for at leas t 36 months will dis play the VF and its VC. A c opy of the Pros pec tus and Produc t Highlights Sheet ("PHS") c an be obtained at Affin Hwang As s et Management's ("Affin Hwang AM") s ales offic es or at www.affinhwangam.c om. Inv es tors are adv is ed to read and unders tand the c ontents of Pros pec tus and the c orres ponding PHS before inv es ting. There are fees and c harges inv olv ed when inv es ting in the Fund. Inv es tors are adv is ed to c ons ider and c ompare the fees and c harges as well of the ris k s c arefully before inv es ting. Inv es tors s hould mak e their own as s es s ment of the ris k s inv olv ed in inv es ting and s hould s eek profes s ional adv ic e, where nec es s ary . The pric e of units and dis tribution pay able, if any , may go down as well as up and pas t performanc e of the fund s hould not be tak en as indic ativ e of its future performanc e. The Sec urities Commis s ion Malay s ia has not rev iewed this mark eting/promotional material and tak es no res pons ibility for the c ontents of this mark eting/promotional material and ex pres s ly dis c laims all liability , howev er aris ing from this mark eting/promotional material. #GrowWithUs 22 JANUARY 2021 | FUNDamentals