AmIttikal Fund Report - January 2018

Transcription

1. AmIttikal 3-year Fund Volatility 7 .5 Moderate January 2018 Lipper Analytics 30 Nov 2017 AmIttikal (the "Fund") is designed as a medium to long-term investment with an objective of producing "halal" income* and to a lesser extent capital growth. The Fund is suitable for investors who: • seek for a positive return through a regular flow of "halal" income* • seek for a diversified portfolio with a conservative investment strategy that conforms to the principles of Shariah • have medium to long-term** investment goals and are not planning to have access to your money in the next 3 years Note: *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 • The Fund will invest at least 70 to 95% of its NAV in Shariah compliant equity and up to 30% of its NAV in Sukuk and Islamic money market instruments. • In managing the Fund, the Investment Manager may opt to invest in the investments either directly or via unit trust funds. • The Investment Manager combines a top-down asset and sector allocation process with a bottomup stock selection process. • The Fund invests in Malaysia and to a lesser extent, in foreign markets where the regulatory authorities are ordinary or associate members of the IOSCO. Source: AmFunds Management Berhad Fund Details Fund Category Fund Launch Date Offer Price at Launch NAV (31 Dec 2017) 1-year NAV High (31 Dec 2017) 1-year NAV Low (31 Dec 2017) Total Units (31 Dec 2017) Fund Size (31 Dec 2017) Annual Management Fee Annual Trustee Fee Entry Charge Exit Fee Redemption Payment Period Investment Manager Income Distribution Equity (Islamic) 12 January 1993 MYR 1.0000 MYR 0.6546 MYR0.6767 (22 May 2017) MYR 0.6234 (02 Jan 2017) 236.25 million MYR 154.64 million Al-Mudharabah (profit share) of up to 20% of net realised profit Up to 0.07% p.a. of the NAV of the Fund Up to 6.00% of the NAV per unit for cash sales Nil By the 10th day of receipt of a repurchase notice AmIslamic Funds Management Sdn Bhd Income distribution (if any) is paid at least once every year Top Holdings* (as at 31 December 2017) Tenaga Nasional Berhad Axiata Group Berhad Gamuda Berhad Digi Telecommunications Sdn Berhad Serba Dinamik Holdings Berhad * 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 Sector Allocation* (as at 31 December 2017) Trading/services Construction Industrial Products Cash and others Plantations Infrastructure Project Companies Corporate bonds Finance Technology Properties Consumer Products Fund Performance (as at 31 December 2017) 160.00 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 2.67 2.00 2.00 3.00 2.00 120.00 100.00 80.00 60.00 40.00 20.00 0.00 Dec-17 AmIttikal Malayan Banking Berhad 12-months Islamic General Investment Account plus 3% spread Total (sen) 1.00 2.00 1.50 2.00 Cumulative performance over the period (%) 140.00 Income Distribution History Payout (sen) 37.11% 11.51% 10.62% 8.84% 7.85% 5.47% 4.89% 4.15% 4.10% 3.58% 1.88% * 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 -20.00 Mar-03 Source: AmFunds Management Berhad 8.71% 6.41% 4.50% 3.40% 3.35% 2.67 3.00 4.00 4.50 4.00 The value of units may go down as well as up. Past performance is not indicative of future performance. Source: AmFunds Management Berhad The change of performance benchmark from Kuala Lumpur Stock Exchange Index Emas (KLCI) to MBB 12 months Islamic GIA Plus 3% spread is to better reflect the investment universe of the Fund. Performance Data (as at 31 December 2017) Source: AmFunds Management Berhad Fund (%) *Benchmark (%) 1m 6m 1 yr 3 yrs 5 yrs 2.06 2.13 9.42 10.48 29.10 0.52 3.10 6.34 21.15 36.68 *Malayan Banking Berhad 12-months Islamic General Investment Account plus 3% spread 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 9.42 -3.14 4.46 -2.11 19.37 6.34 6.82 6.65 6.25 6.19 *Malayan Banking Berhad 12-months Islamic General Investment Account plus 3% spread 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 30 November 2017, the Volatility Factor (''VF'') for this Fund is 7.5 and is classified as "Moderate" (Source: Lipper). "Moderate" Includes funds with VF that are higher than 6.225 and lower than 8.225 (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, stock specific risk, currency risk, income distribution risk, liquidity risk, Shariah non-compliance risk, reclassification of Shariah status 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