Affin Hwang Aiiman Money Market Fund Report - February 2020

Transcription

1. Affin Hwang Aiiman Money Market Fund The Fund aims to provide short-term liquidity and income , whilst maintaning capital stability in diversify portfolio of Islmic Money Market Instruments. Fund Category Islamic Money Market Performance Table as at 28 February 2020* Performance Record as at 28 February 2020* Total Return (%) Fund Type Income Benchmark 1-month GIA raate quoted by Maybank 1 Month 1 Year 3 Year Since Inception Fund 0.2 3.5 11.0 40.4 Benchmark 0.2 2.5 9.3 38.7 1 Year 3 Year 5 Year Since Inception Fund 3.5 3.5 3.8 3.1 Benchmark 2.5 3.0 3.3 2.9 Year To Date 2019 2018 2017 Fund 0.5 3.6 3.6 3.5 Benchmark 0.4 2.6 3.2 3.5 Source:Lipper Annualised Return (%) Launch Date / IOP 13 November, 2008 / RM0.50 Maturity Date N/A Source:Lipper Financial Year End 31 August Initial Sales Charge Nil November, 2008 to February, 2020 NAV-NAV prices and assuming reinvestment of distributions into the Fund, gross investment based in RM. The value of Units may go down as well as up. Past performance is not indicative of future performance. Subscription Cash / EPF Annual Management Fee Up to 0.5% per annum Calendar Year Return (%) Source:Lipper Maturiy Profile as at 28 February 2020* Income Distribution History Gross Distribution Year (Sen) Minimum Investment RM5,000 Minimum Subsequent Investment RM1,000 Yield (%) 2010 0.88 1.8 2011 0.89 1.8 2012 0.90 1.8 2013 1.55 3.1 Repurchase Charge Nil 2014 1.47 2.9 2015 2.48 5.0 As at 28 February 2020* Fund Size RM12134.8million 2016 0.76 1.5 2017 1.12 2.2 2018 NAV Per Unit RM0.5355 2019 1.56 1.17 2020 0.34 2.2 Portfolio Yield 3.4% Portfolio Duration 59 days (1) Asset Allocation Islamic Deposit Cash 3.0 0.6 Distribution Policy : Distribution of income, if any, would be on monthly basis 99.2% 0.8% Overall Rating** * The data provided above are that of the Fund and are a percentage of NAV as at 28 February 2020. All figures are subject to frequent changes on a daily basis. **The Morningstar Rating is an assessment of a Fund's past performance-based on both return and risk-which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. ¹ Where a distributions is declared, investors are advised that following issues of additional Units/distribution, the NAV per Unit will be reduced from cum-distribution NAV to ex-distribution NAV. The yield of the distributions are calculated based on the total dividend payout/NAV at the start of the calendar. Based on the Fund's portfolio returns as at 31 January 2020, 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 not more than 1.755. The Volatility Factor (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. The Fund's portfolio may have changed since this date and there is no guaranteed 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. This document is prepared by Affin Hwang Asset Management Berhad (199701014290 (429786-T)). It is not intended to be an offer invitation to subscribe or purchase any securities. The information contained herein has been obtained from sources believed in good faith to be reliable. however, no guarantee is given in its accuracy or completeness. Past performance of the Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet (PHS) is available for the Fund and investors have the right to request for a copy of it. The Prospectus dated 03 September 2018 has been lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. Investors are advised to read and understand the contents of the PHS and the Prospectus before investing. Applications for units can only be made on receipt of a form of application referred to in and accompany the PHS and the Prospectus. Investors should also consider the fees and charges involved. A copy of the PHS and Prospectus can be obtained at our office or any of our sales offices. The Fund may not suitable for all and if in doubt, investors should seek independent advice. MARCH 2020