Affin Hwang Aiiman Balanced Fund Report - May 2021

Transcription

1. 3-years Fund Volatility 12 .5 Overall Rating Moderate Lipper analy tic s 30 Apr 21 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 May, 2021* Fund Size / NAV Per Unit MYR27.3million / MYR0.5691(MYR) Fixed Income Yield 4.3% Fixed Income Duration 4.6 years Performance Record as at 31 May 2021* Performance Table as at 31 May 2021* Cumulative Return Over The Period (%) Since 1 Month 1 Year 3 Year Inception -3.9 12.2 31.3 161.0 -2.2 4.7 7.0 48.9 Total Return (%) Fund (MYR) Benchmark (MYR) 300 Indexed Performance (%) Fund Category Islamic Balanced 250 Since 1 Year 3 Year 5 Year Inception 12.2 9.5 7.8 5.0 4.7 2.3 2.2 2.0 Annualised Return (%) Fund (MYR) Benchmark (MYR) 200 150 Calendar Year Return (%) Fund (MYR) Benchmark (MYR) 100 70 Apr 07 Aug 10 Jan 14 1ABF Jul 16 Feb 19 May 21 Year To Date -4.2 -1.4 2020 31.8 7.4 2019 3.8 3.7 2018 -8.1 -7.0 Sourc e: Lipper Benchmark Nov ember, 2001 to May , 2021 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 May 2021* Income Distribution History Sukuk Issuer Mex Ii Sdn Bhd Lebuhraya Duke Fasa 3 Sdn Bhd Ytl Power International Bhd Wct Holdings Bhd Wct Holdings Bhd 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 Telekom Malaysia Bhd Supercomnet Technologies Bhd Bimb Holdings Bhd Misc Bhd Petronas Chemicals Group Bhd % 6.6 3.9 3.4 3.1 3.0 Sector Allocation as at 31 May 2021* 16.2% Utilities Financial Services 3.9% Real Estate 3.7% 3.5% 1.9% AA A 2.9% 2.0% 2.2% 61.9% 15.5% 3.7% Cash & Cash Equivalents Equity AAA 6.6% 5.5% Financials Others Dis tribution Polic y : The fund will dis tribute inc ome s ubjec t to the av ailability of inc ome. Annually : MYR 7.9% Telecommunications Consumer Staples 2017 2018 2019 2020 2021 Yield (%) 1.0 1.0 3.6 3.3 3.3 21.3% 13.0% Basic Materials Energy Gross Distribution (Sen) 0.50 0.50 1.75 1.75 2.00 Credit Profile as at 31 May 2021* Industrials Technology % 6.6 3.9 3.9 3.7 3.7 Fixed Income C 20.7% 7.6% 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 May 2021. 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 April 2021, the Volatility Fac tor (VF) for this Fund is 12.5 for MYR Clas s (Moderate) (s ourc e: Lipper). Very Low inc ludes Funds with VF that are not more than 3.645. Low inc ludes Funds with VF that are abov e 3.645 but not more than 10.755. Moderate inc ludes Funds with VF that are abov e 10.755 but not more than 14.31. High inc ludes Funds with VF that are abov e 14.31 but not more than 17.19. Very High inc ludes Funds with VF that are abov e 17.19. 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 25 JUNE 2021 | FUNDamentals