AmBon Islam Fund Report - September 2019

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1. AmBon Islam 3-year Fund Volatility 1 .6 Very Low September 2019 Lipper Analytics 31 Jul 2019 AmBon Islam (the "Fund") is a medium to long-term Sukuk fund that aims to provide a stream of halal income*. The Fund is suitable for investors who: • require regular Shariah-compliant income* from investing in a Sukuk fund • have medium to long-term** investment goals Notes: *The income could be in the form of units or cash. **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 • Short-term credit rating of P2 by RAM or its equivalent as rated by a local or global rating agency; or • Long-term credit rating of BBB3 by RAM or its equivalent as rated by a local or global rating agency. • The Investment Manager may invest in the Shariah-compliant investments either directly or via Islamic CIS. • Maturity profile is subject to duration management in view of the interest rate scenario. • The Fund invests in Malaysia and to a lesser extent, in other countries globally where the regulatory authority is an ordinary or associate member of the IOSCO. Top 5 Holdings (as at 31 August 2019) Government of Malaysia (Sukuk) Edra Energy Sdn Berhad (Sukuk) Danga Capital Berhad (Sukuk) UMW Holdings Berhad (Sukuk) Lebuhraya Duke Fasa 3 Sdn Berhad (Sukuk) 12.82% 9.88% 8.07% 5.73% 5.73% Source: AmFunds Management Berhad Asset Allocation* (as at 31 August 2019) Corporate sukuk Cash and others Malaysian Government Bonds 72.98% 14.20% 12.82% * 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 August 2019) Source: AmFunds Management Berhad Cumulative performance over the period (%) 150.00 Fund Details Fund Category Fund Launch Date Offer Price at Launch NAV (31 Aug 2019) 1-year NAV High (31 Aug 2019) 1-year NAV Low (31 Aug 2019) Total Units (31 Aug 2019) Fund Size (31 Aug 2019) Annual Management Fee Annual Trustee Fee Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution Sukuk 26 November 2001 MYR 1.0000 MYR 1.3186 MYR 1.3189 (28 Aug 2019) MYR 1.2130 (27 Sep 2018) 53.64 million MYR 70.73 million Up to 1.00% p.a. of the NAV of the Fund Up to 0.07% p.a. of the NAV of the Fund Nil Nil By the 10th day of receipt of a repurchase notice AmIslamic Funds Management Sdn Bhd Income Distribution (if any) is paid at least twice every year Source: AmFunds Management Berhad 100.00 50.00 0.00 -50.00 Nov-01 AmBon Islam Aug-19 BPAM Corporates (3 years to 7 years) Sukuk Index 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 August 2019) Fund (%) 1m 6m 1 yr 3 yrs 5 yrs 2.05 8.06 10.77 20.12 31.69 1.40 5.36 8.26 17.38 30.97 Income Distribution History *Benchmark (%) Year Total Payout (Cent) 2019 2018 2017 2016 2015 2.00 4.50 8.30 6.00 3.00 *BPAM Corporates (3 years to 7 years) Sukuk Index Source Benchmark: *AmFunds Management Berhad Source Fund Return : Novagni The Fund Performance is calculated based on NAV-to-NAV using Time Weighted Rate of Return (''TWRR'') method Calendar Year Return Source: AmFunds Management Berhad Fund (%) *Benchmark (%) 2018 2017 2016 2015 2014 4.74 4.55 5.51 3.29 3.23 5.01 5.25 5.26 4.86 4.23 *BPAM Corporates (3 years to 7 years) Sukuk Index Source Benchmark: *AmFunds Management Berhad Source Fund Return : Novagni The Fund Performance is calculated based on NAV-to-NAV using Time Weighted Rate of Return (''TWRR'') method
2. Disclaimer Based on the Fund ’s portfolio returns as at 31 July 2019, the Volatility Factor (''VF'') for this Fund is 1.6 and is classified as "Very Low" (Source: Lipper). "Very Low" includes funds with VF that are lower 1.885 (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, 1st Supplemental Master Prospectus dated 4 January 2018, 2nd Supplemental Master Prospectus dated 20 December 2018 & 3rd Supplemental Master Prospectus dated 5 August 2019 (collectively referred as the “Prospectus”). The specific risks associated with investment of the Fund are credit and default risk, currency risk, income distribution risk, rate of return risk, liquidity risk, Shariah non-compliance risk and counterparty credit 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: 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 Client Service Officers at Tel: +603 2032 2888 OR e-mail: enquiries@aminvest.com. Growing your investments in a changing world