AmASEAN Equity Fund Report - August 2020

Transcription

1. AmASEAN Equity 3-year Fund Volatility 14 .4 High August 2020 Lipper Analytics 30 Jun 2020 AmASEAN Equity (the "Fund") seeks to provide capital growth over the medium to long-term by investing in Shariah-compliant equities and Shariah-compliant equity-related securities with exposure to the ASEAN markets. The Fund is suitable for investors: • seeking to participate in an investment of the fast growing ASEAN economies; and • willing to take higher risks in anticipation of potentially higher returns over the medium to long-term*. Notes: *Medium to long-term refers to a period of at least three (3) years. Any material change to the investment objective of the Fund would require Unit Holders’ approval. Investment Strategy • To achieve the investment objective, 70% to 98% of the Fund's NAV will be invested in a diversified portfolio of equities and equity-related securities which are Shariah-compliant, issued by companies listed in the ASEAN countries, and including Shariah-compliant securities listed in non-ASEAN countries but with their core business in the ASEAN markets. • Core business in this respect means the major business of the company, where majority of the company's revenue (at least 50%) is derived from the ASEAN country(ies) at the point of investment. Source: AmFunds Management Berhad Fund Details Fund Category / Type Fund Launch Date Offer Price at Launch NAV (31 Jul 2020) 1-year NAV High (31 Jul 2020) 1-year NAV Low (31 Jul 2020) Total Units (31 Jul 2020) Fund Size (31 Jul 2020) Annual Management Fee Annual Trustee Fee Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution Equity (Islamic) / Growth 06 June 2011 MYR 0.5000 MYR 0.5827 MYR 0.5848 (29 Jul 2020) MYR 0.3609 (19 Mar 2020) 2.25 million MYR 1.31 million Up to 1.80% p.a. of the NAV of the Fund Up to 0.08% p.a. of the NAV of the Fund, subject to a minimum fee of RM10,000 p.a. Up to 5.00% of the NAV per unit for cash sales Nil Within ten (10) days of receiving the redemption request AmIslamic Funds Management Sdn Bhd Income distribution (if any) is incidental and will be reinvested Top 5 Holdings (as at 31 July 2020) Tenaga Nasional Berhad Top Glove Corporation Berhad Sime Darby Plantation Berhad Supermax Corporation Berhad Malakoff Corporation Berhad 8.02% 5.52% 5.16% 5.07% 4.89% Source: AmFunds Management Berhad Asset & Sector Allocation* (as at 31 July 2020) Money market deposits and cash equivalents Health Care Utilities Real Estate Consumer Staples Telecommunication Services Industrials Energy Information Technology 21.79% 20.28% 14.95% 12.10% 10.72% 7.36% 5.51% 4.87% 2.42% * 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 Country Allocation* (as at 31 July 2020) Malaysia Money market deposits and cash equivalents Thailand Indonesia Singapore Philippines 58.91% 21.79% 11.59% 3.70% 2.07% 1.94% * 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 31 July 2020) Cumulative performance over the period (%) 60.00 Source: AmFunds Management Berhad 50.00 Most Recent Income Distribution History 40.00 30.00 Year 2020 2019 2018 2017 2016 Total Payout (Cent) N/A N/A N/A N/A 3.00 20.00 10.00 Source: AmFunds Management Berhad 0.00 -10.00 -20.00 Jun-11 AmASEAN Equity S&P ASEAN BMI Shariah Index Jul-20 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 31 July 2020) Fund (%) * Benchmark (%) 1m 6m 1 yr 3 yrs 5 yrs 16.89 23.30 17.46 15.62 21.19 6.69 0.93 -5.87 -10.89 0.96 *S&P ASEAN BMI Shariah Index Source Benchmark: *AmFunds Management Berhad Source Fund Return : Novagni Analytics and Advisory Sdn. Bhd. The Fund Performance is calculated based on NAV-to-NAV using Time Weighted Rate of Return (''TWRR'') method Calendar Year Return 2019 2018 2017 2016 2015 Fund (%) 7.13 -11.89 6.44 -1.12 7.32 * Benchmark (%) 5.60 -12.18 7.14 4.42 0.55 *S&P ASEAN BMI Shariah Index Source Benchmark: *AmFunds Management Berhad Source Fund Return : Novagni Analytics and Advisory Sdn. Bhd. The Fund Performance is calculated based on NAV-to-NAV using Time Weighted Rate of Return (''TWRR'') method
2. Disclaimer The S &P ASEAN BMI Shariah Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by AmFunds Management Berhad. S&P® is a registered trademark of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); AmASEAN Equity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P ASEAN BMI Shariah Index. Based on the Fund’s portfolio returns as at 30 June 2020, the Volatility Factor (''VF'') for this Fund is 14.4 and is classified as "High" (Source: Lipper). "High" Includes funds with VF that are higher than 12.800 and lower than 15.380 (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. This advertisement material is prepared for information purposes only and may not be published, circulated, reproduced or distributed in whole or part, whether directly or indirectly, to any person without the prior written consent of AmFunds Management Berhad [198601005272 (154432-A)] (“AmInvest”). This advertisement material should not be construed as an offer or solicitation for the purchase or sale of any units in AmInvest’s unit trust fund(s). Investors shall be solely responsible for using and relying on any contents in this advertisement material. AmInvest and its employees shall not be held liable to the investors for any damage, direct, indirect or consequential losses (including loss of profit), claims, actions, demands, liabilities suffered by the investors or proceedings and judgments brought or established against the investors, and costs, charges and expenses incurred by the investors or for any investment decision that the investors have made as a result of relying on the content or information in this advertisement material. Investors are advised to read and understand the contents of the Master Prospectus dated 10 September 2017, including any supplementary made thereof from time to time (“Prospectus(es)”) and its Product Highlights Sheet (“PHS”), obtainable at www.aminvest.com, before making an investment decision. The Prospectus(es) and PHS have been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. The Securities Commission Malaysia has not reviewed this advertisement material. Investors may wish to seek advice from a professional advisor before making an investment. The Fund’s units will only be issued upon receipt of the complete application form accompanying the Prospectus(es). Past performance of the Fund is not an indication of its future performance. The Fund’s unit prices and income distribution payable, if any, may rise or fall. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net Asset Value (“NAV”) per unit will be reduced from pre-unit split NAV/cumdistribution NAV to post-unit split NAV/ex-distribution NAV. Please be advised that where a unit split is declared, the value of investor’s investment in Malaysian Ringgit will remain unchanged after the distribution of the additional units. Investments in the Fund are exposed to stock specific risk, risk associated with investments in equity-related securities, currency risk, liquidity risk, Shariah noncompliance risk and reclassification of Shariah status risk. Please refer to the Prospectus(es) for detailed information on the specific risks of the fund(s). Investors are advised to consider these risks and other general risk elaborated, as well as the fees, charges and expenses involved. While our Shariah-compliant fund(s) have been structured to conform to Shariah principles, investors should seek their own independent Shariah advice prior to investing in any of our Shariahcompliant fund(s). This advertisement material may be translated into languages other than English. In the event of any dispute or ambiguity arising out of such translated versions of this advertisement material, the English version shall prevail. AmInvest’s Privacy Notice can be accessed via aminvest.com. Note: Unless stated otherwise, all fees, charges and/or expenses disclosed in this material are exclusive by way of example and not limitation; goods and services tax, value added tax, consumption tax, levies, duties and other taxes as may be imposed by the Government of Malaysia from time to time (collectively known as “Taxes”). If these fees, charges and/or expenses are subject to any Taxes, such Taxes shall be borne and payable by the Unit Holders and/or the Fund (as the case may be) at the prevailing rate, including any increase or decrease to the rate, in addition to the fees, charges and/or expenses stated herein. Privacy Notice: AmFunds Management Berhad [Company Registration: 198601005272 (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 Customer Service Representative at Tel: +603 2032 2888 OR e-mail: enquiries@aminvest.com. Growing your investments in a changing world