AmASEAN Equity Fund Report - March 2020

Transcription

1. AmASEAN Equity 3-year Fund Volatility 7 .0 Moderate March 2020 Lipper Analytics 31 Jan 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 Fund Launch Date Offer Price at Launch NAV (29 Feb 2020) 1-year NAV High (29 Feb 2020) 1-year NAV Low (29 Feb 2020) Total Units (29 Feb 2020) Fund Size (29 Feb 2020) Annual Management Fee Annual Trustee Fee Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution Equity (Islamic) 06 June 2011 MYR 0.5000 MYR 0.4511 MYR 0.5058 (11 Jul 2019) MYR 0.4511 (28 Feb 2020) 2.48 million MYR 1.12 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 29 February 2020) Hartalega Holdings Berhad Perusahaan Perseroan (Persero) Pt Telekomunikasi Indonesia Tbk Yinson Holdings Berhad Airports of Thailand Public Company Limited Ayala Land Inc. 6.66% 5.06% 4.99% 4.57% 3.97% Source: AmFunds Management Berhad Asset & Sector Allocation* (as at 29 February 2020) Money Market Deposit Health Care Industrials Consumer Staples Real Estate Energy Information Technology Telecommunication Services Utilities Materials Cash, other assets & liabilities 19.24% 18.14% 16.88% 13.86% 8.89% 7.13% 7.12% 5.06% 2.47% 2.13% -0.92% * 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 29 February 2020) Malaysia Cash, other assets & liabilities Thailand Singapore Philippines Indonesia 42.70% 18.32% 15.48% 12.26% 6.18% 5.06% * 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 29 February 2020) Source: AmFunds Management Berhad Cumulative performance over the period (%) Most Recent Income Distribution History 40.00 30.00 Year 2020 2019 2018 2017 2016 20.00 Total Payout (Cent) N/A N/A N/A N/A 3.00 10.00 Source: AmFunds Management Berhad 0.00 -10.00 -20.00 Jun-11 AmASEAN Equity S&P ASEAN BMI Shariah Index Feb-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 29 February 2020) 1m Fund (%) * Benchmark (%) 6m 1 yr 3 yrs 5 yrs -4.55 -7.18 -4.02 -6.62 -10.02 -6.81 -12.80 -10.17 -14.12 -12.45 *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 31 January 2020, the Volatility Factor (''VF'') for this Fund is 7.0 and is classified as "Moderate" (Source: Lipper). "Moderate" Includes funds with VF that are higher than 6.110 and lower than 8.810 (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, First Supplementary Master Prospectus dated 4 January 2018, Second Supplementary Master Prospectus dated 20 December 2018, Third Supplementary Master Prospectus dated 5 August 2019 & Fourth Supplementary Master Prospectus dated 8 November 2019 (collectively referred as the “Prospectus”). The specific risks associated with investment of the Fund are stock specific risk, risk associated with investments in equity-related securities, currency risk, liquidity risk, Shariah non-compliance risk and reclassification of Shariah status 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: 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