AmIslamic Fixed Income Conservative Bond Fund Report - September 2019

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1. 3-year Fund Volatility AmIslamic Fixed Income Conservative 0 .8 Very Low September 2019 Lipper Analytics 31 Jul 2019 AmIslamic Fixed Income Conservative (the "Fund") aims to provide capital appreciation over the short to medium-term by investing in a portfolio consisting of fixed income instruments that comply with Shariah Principles. The Fund is suitable for investors who seek: • to preserve their capital*; and • an investment with short to medium-term** investment horizon Notes: *Capital preservation does not mean that the capital is guaranteed or protected **Short to medium-term refers to an investment horizon of one (1) to three (3) years. Any material change to the investment objective of the Fund would require Unit Holders’ approval. Investment Strategy • The Fund seeks to achieve its objective by investing a minimum 70% of its NAV in Sukuk, while maintaining a weighted average portfolio duration of one (1) to three (3) years and carry a minimum long-term credit rating of A3 by RAM or its equivalent as rated by a local or global rating agency. • Maximum 30% of its NAV in Islamic deposit and/or Islamic money market instruments. The Fund may invest in Islamic deposits or Islamic money market instruments with a maturity of up to one (1) year. The Fund’s investments in Islamic money market instruments must have a minimum short-term credit rating of P3 by RAM or its equivalent as rated by a local or global rating agency. Top 5 Holdings (as at 31 August 2019) Bumitama Agri Ltd (Sukuk) Bank Islam Malaysia Berhad (Sukuk) Malayan Banking Berhad (Sukuk) BGSM Management Sdn Berhad (Sukuk) Perbadanan Kemajuan Negeri Selangor (Sukuk) Source: AmFunds Management Berhad Asset Allocation* (as at 31 August 2019) Corporate sukuk Money market deposit Cash and others Fund Performance (as at 31 August 2019) Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution Source: AmFunds Management Berhad Cumulative performance over the period (%) 35.00 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 88.63% 5.78% 5.59% * 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 • Manager may invest in foreign markets where the regulatory authority is an ordinary or associate member of the IOSCO. Source: AmFunds Management Berhad 11.49% 8.92% 8.02% 7.81% 7.80% Sukuk 09 January 2012 MYR 1.0000 MYR 1.3153 MYR 1.3153 (29 Aug 2019) MYR 1.2471 (03 Sep 2018) 50.05 million MYR 65.84 million Up to 0.75% 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. Nil Nil By the 10th day of receipt of a repurchase notice AmIslamic Funds Management Sdn Bhd Income distribution (if any) is incidental and will be reinvested 30.00 25.00 20.00 15.00 10.00 5.00 0.00 Jan-12 Aug-19 AmIslamic Fixed Income Conservative Maybank 12-Month General Investment Account Rate - i 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) 1m 6m 1 yr 3 yrs 5 yrs Fund (%) 0.90 3.39 5.52 12.83 21.63 *Benchmark (%) 0.28 1.72 3.52 10.79 19.11 *Maybank 12-Month General Investment Account Rate - i 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 2018 2017 2016 2015 2014 Fund (%) 3.83 4.00 3.50 3.37 3.16 *Benchmark (%) 3.57 3.34 3.81 3.65 3.25 *Maybank 12-Month General Investment Account Rate - i 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 0.8 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 contribution in a unit trust fund carries 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, rate of return risk, liquidity risk, Shariah noncompliance risk, counterparty credit risk and currency 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 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 by 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