AmPRS-Islamic Balanced Fund Class D Report - March 2021

Transcription

1. AmPRS-Islamic Balanced Fund Class D March 2021 AmPRS-Islamic Balanced (the "Fund") aims to provide medium to long term capital growth by investing in Shariah-compliant equities, Sukuk and Shariah-compliant money market instruments. The Fund is suitable for members who seek: • medium to long term capital growth on their Shariah-compliant investment; • a balanced portfolio that includes Shariah-compliant equities, Sukuk and Shariah-compliant money market instruments; and • a long term retirement savings* plan. Notes: * Please note that members' capital is neither guaranteed nor protected Any material changes to the investment objective of the Fund would require Members' approval. Top Holdings (as at 28 February 2021) AmDynamic Sukuk AmBon Islam MR D.I.Y. Group (M) Berhad AmIslamic Fixed Income Conservative Yinson Holdings Berhad 9.78% 8.91% 6.22% 4.73% 3.69% Source: AmFunds Management Berhad Investment Strategy • May invest its assets into a well-diversified portfolio comprising the following asset classes: - Shariah-compliant equities; - Sukuk and Shariah-compliant money market instruments; - Shariah-compliant real estate investment trusts ("REITs"); and - Islamic Liquid Assets • For AmPRS-Islamic Balanced Fund, the Shariah Compliant securities that the AmPRS-Islamic Balanced Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. For AmPRS-Islamic Balanced Fund, foreign investments (if any) will be limited to 40% of the Fund's NAV. • The Investment Manager may opt to invest in the Shariah-compliant securities either directly or via collective investment schemes of AFM or other CIS such as exchange-traded funds that comply with Shariah Principles. • The AmPRS-Islamic Balanced Fund may also use Shariah-compliant hedging instruments for the purpose of hedging (subject to PRS Guidelines) if it is deemed necessary to do so. Source: AmFunds Management Berhad Fund Details Fund Category / Type Fund Launch Date Offer Price at Launch NAV (28 Feb 2021) 1-year NAV High (28 Feb 2021) 1-year NAV Low (28 Feb 2021) Total Units (28 Feb 2021) Fund Size (28 Feb 2021) Annual Management Fee Annual Scheme Trustee Fee PPA Administrative Fee Sales Charge Redemption Charge Redemption Payment Period Investment Manager Income Distribution Balanced (Islamic) / Growth 25 November 2013 MYR 0.5000 MYR 0.7434 MYR 0.8503 (06 Aug 2020) MYR 0.5670 (19 Mar 2020) 1.75 million MYR 1.30 million Up to 1.50% p.a. of the NAV attributable to this Class of units of the Fund Up to 0.04% p.a. of the NAV of the Fund (excluding foreign sub-custodian fee) 0.04% p.a. of the NAV of the Fund, payable to the PPA Up to 3.00% of NAV per unit of the Class Nil Within ten (10) days after the PRS Provider received a complete withdrawal request from a Member. AmIslamic Funds Management Sdn Bhd Subject to availability of income, distribution (if any) is incidental Source: AmFunds Management Berhad Asset & Sector Allocation* (as at 28 February 2021) Local collective investment scheme Money market deposits and cash equivalents Information Technology Industrials Consumer Discretionary Materials Energy Real Estate Consumer Staples 26.10% 24.14% 13.70% 12.69% 7.88% 7.83% 5.36% 1.44% 0.86% * 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 Country Allocation* (as at 28 February 2021) Malaysia Money market deposits and cash equivalents Korea Hong Kong 65.75% 24.14% 8.67% 1.44% * 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 28 February 2021) Cumulative performance over the period (%) 80.00 60.00 40.00 20.00 0.00 -20.00 Nov-13 Feb-21 AmPRS-Islamic Balanced Fund Class D 25% FTSE Bursa Malaysia Emas Shariah Index, 25% MSCI AC Asia Pacific Islamic ex Japan Index, 50% Quantshop Medium GII 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 28 February 2021) Year 2021 2020 2019 2018 2017 Total Payout per unit (Sen) 6.00 N/A N/A N/A N/A Source: AmFunds Management Berhad PRS Provider's Commentary (as at 28 February 2021) We remain constructive on equity outlook on the longer term on the back of a growing economy and healthy growth in corporate profits this year. Nevertheless, in the near term, concerns about heightened stock market valuations, rising coronavirus cases and uneven distribution of vaccine rollouts are expected to translate to an increase in volatility. A balanced portfolio is warranted, a mix of good dividend yielding stocks to provide a stable income stream and selectively taking opportunities of market weaknesses to position for recovery plays. Fund (%) * Benchmark (%) 1m 6m 1 yr 3 yrs 5 yrs 3.30 -2.56 26.56 31.42 53.50 -0.01 3.12 14.51 15.71 35.71 *25% FTSE Bursa Malaysia Emas Shariah Index, 25% MSCI AC Asia Pacific Islamic ex Japan Index, 50% Quantshop Medium GII 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 Source: AmFunds Management Berhad Fund (%) *Benchmark (%) 2020 2019 2018 2017 2016 25.08 17.29 -11.08 14.45 0.48 11.71 8.89 -5.59 11.36 3.12 *25% FTSE Bursa Malaysia Emas Shariah Index, 25% MSCI AC Asia Pacific Islamic ex Japan Index, 50% Quantshop Medium GII 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
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None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. 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The Disclosure Document(s) 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 Disclosure Document(s). 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/cum-distribution 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 company specific risk, credit and default risk, interest rate risk, risk associated with the investments in REITs, liquidity risk, currency risk and Shariah non-compliance risk. Please refer to the Disclosure Document(s) 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. 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