AmDynamic Sukuk Fund Report - February

Transcription

1. 3-year Fund Volatility # AmDynamic Sukuk 2Low .2 Lipper Analytics 31 Dec 2017 February 2018 AmDynamic Sukuk (the "Fund") aims to provide capital appreciation by investing primarily in Sukuk both locally and globally. # The word "Dynamic" in this context refers to the Fund's investment strategy which is active management, not buy-and-hold strategy. The Fund is suitable for investors who: • want steady growth in value by investing in Sukuk as an asset class; • have a medium to long-term* investment goals; and • are willing to assume addtitional rate of return risk and liquidity risk associated with investing in Sukuk with longer duration (i.e. there will be no portfolio maturity limitation) and lower credit ratings (i.e. there will be no minimum rating for the Sukuk purchased or held by the Fund). *Medium to long-term refers to a period of at least three (3) Note: Any material change to the investment objective of the Fund would require Unit Holders’ approval. Top Holdings* (as at 31 January 2018) DRB-Hicom Berhad / A+ Lebuhraya Duke Fasa 3 Sdn Bhd / AAKonsortium Lebuhraya Utara-Timur (KL) Sdn Bhd / ABumitama Agri Limited / AMalaysia Building Society Berhad / AA1 16.94% 9.51% 8.60% 8.56% 8.43% * 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 Investment Strategy • To achieve the investment objective, the Fund is actively managed to enhance and optimize returns by investing directly in sovereign, quasi-sovereign and corporate Sukuk either directly or via CIS. • The Fund invest in Malaysia and to a lesser extent, in other countries globally where the regulatory authority is an ordinary or associate member of the IOSCO. Rating Allocation* (as at 31 January 2018) AA, 71.20% Source: AmFunds Management Berhad Fund Details Fund Category Fund Launch Date Offer Price at Launch NAV (31 Jan 2018) 1-year NAV High (31 Jan 2018) 1-year NAV Low (31 Jan 2018) Total Units (31 Jan 2018) Fund Size (31 Jan 2018) Annual Management Fee Annual Trustee Fee Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution Source: AmFunds Management Berhad Sukuk Class A : 12 June 2012 Class B : 16 July 2014 MYR 1.0000 MYR 1.2509 MYR 1.2509 (29 Jan 2018) MYR 1.2062 (01 Feb 2017) 4.79 million MYR 6.00 million Class A : Up to 1.00% p.a. of the NAV of the Class Class B : Up to 1.00% p.a. of the NAV of the Class Up to 0.08% p.a. of the NAV of the Fund, subject to a minimum fee of RM10,000 p.a. Class A : Nil Class B : Up to 1.00% of the NAV per unit for cash sales Class A : Up to 1.00% of the NAV per unit for cash sales Class B : Up to 1.00% of the NAV per unit for cash sales By the 10th day of receipt of a repurchase notice AmIslamic Funds Management Sdn Bhd Income distribution (if any) is incidental AAA, 8.10% Cash, 3.80% A, 16.90% * 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 January 2018) Cumulative performance over the period (%) 30.00 25.00 20.00 15.00 10.00 5.00 0.00 -5.00 Jun-12 Jan-18 AmDynamic Sukuk BPAM Corporates 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 January 2018) Fund (%) *Benchmark (%) 1m 6m 1 yr 3 yrs 5 yrs 0.35 2.03 3.71 13.67 23.07 0.40 2.44 5.05 14.10 17.34 *BPAM Corporates 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 Fund (%) *Benchmark (%) 2017 2016 2015 2014 2013 3.80 5.69 3.83 3.81 4.16 5.36 5.82 2.94 0.37 1.85 *BPAM Corporates 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 December 2017, the Volatility Factor (''VF'') for this Fund is 2.2 and is classified as "Low" (Source: Lipper). "Low" Includes funds with VF that are higher than 1.785 and lower than 6.045 (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 (collectively referred as the “Master Prospectus”). The specific risks associated with investment of the Fund are credit and default risk, rate of return risk, liquidity risk, emerging market risk, currency 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: All fees, charges and expenses disclosed in this material are expressed on a Goods and Services Tax (“GST”)-exclusive basis. Accordingly, to the extent that services provided are subject to GST, the amount of GST payable on any related fees, charges and/or expenses will be payable by the unit holder(s) and/or the Fund (as the case may be) in addition to the fees, charges and expenses disclosed in this material. 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