AmDynamic Sukuk Fund Report - November 2020

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1. # 3-year Fund Volatility AmDynamic Sukuk - Class A 4Low .6 Lipper Analytics 30 Sep 2020 November 2020 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: • seeking steady growth in value by investing in Sukuk as an asset class; • with 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). 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, 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. Source: AmFunds Management Berhad Top 5 Holdings (as at 31 October 2020) GII MURABAHAH 2/2019 4.467% 15.09.2039 (Sukuk) GII MURABAHAH 1/2020 3.422% 30.09.2027 (Sukuk) TENAGA IMTN 3.250% 10.08.2035 (Sukuk) TENAGA IMTN 3.550% 10.08.2040 (Sukuk) DANUM IMTN 3.290% 13.05.2030 - Tranche 9 (Sukuk) Source: AmFunds Management Berhad Asset Allocation* (as at 31 October 2020) Corporate Sukuk Malaysian Government Bonds Money market deposits and cash equivalents Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution 71.72% 19.43% 8.85% * 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 Details Fund Category / Type Fund Launch Date Offer Price at Launch NAV (31 Oct 2020) 1-year NAV High (31 Oct 2020) 1-year NAV Low (31 Oct 2020) Total Units (31 Oct 2020) Fund Size (31 Oct 2020) Annual Management Fee Annual Trustee Fee 9.71% 6.54% 6.42% 6.35% 4.21% Fund Performance (as at 31 October 2020) Sukuk / Growth 12 June 2012 MYR 1.0000 MYR 1.4483 MYR 1.4781 (22 Jul 2020) MYR 1.3837 (25 Mar 2020) 10.03 million MYR 14.53 million 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. Nil Up to 1.00% of the NAV per unit of the Class Within ten (10) days of receiving the redemption request AmIslamic Funds Management Sdn Bhd Income distribution (if any) is incidental Source: AmFunds Management Berhad Cumulative performance over the period (%) 60.00 50.00 40.00 30.00 20.00 10.00 0.00 -10.00 Jun-12 Oct-20 AmDynamic Sukuk - Class A 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 Most Recent Income Distribution History Performance Data (as at 31 October 2020) Year 2020 2019 2018 2017 2016 Total Payout (Cent) 3.08 3.50 N/A N/A N/A Source: AmFunds Management Berhad Fund (%) *Benchmark (%) 1m 6m 1 yr 3 yrs 5 yrs 0.31 2.07 6.17 22.43 34.14 0.33 3.57 7.75 23.87 38.34 *BPAM Corporates Sukuk 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 Fund (%) *Benchmark (%) 2019 2018 2017 2016 2015 9.78 5.23 3.80 5.60 3.83 8.79 5.59 5.36 5.82 2.94 *BPAM Corporates Sukuk 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 Based on the Fund ’s portfolio returns as at 30 September 2020, the Volatility Factor (''VF'') for this Fund is 4.6 and is classified as "Low" (Source: Lipper). "Low" Includes funds with VF that are higher than 3.640 and lower than 10.390 (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 credit and default risk, rate of return risk, liquidity risk, emerging market risk, currency risk, Shariah non-compliance risk and counterparty credit 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 Shariah-compliant 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. 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