BIMB i Growth Fund Report - October 2017

Transcription

1. BIMB i Growth OCTOBER 2017 (ALL DATA AS AT 30 SEPTEMBER 2017 UNLESS OTHERWISE STATED) INVESTMENT OBJECTIVE To provide a medium and long term return through capital appreciation and income distribution. 12.85 FUND INFORMATION VERY HIGH Type of Fund Investor Risk Profile Financial Year End Launch Date Current Fund Size 15 Oct 2017 1 Consistent Return 1 Preservation 2 Lipper Leaders Highest Total Return 5 4 3 2 Aggressive Growth High 30 June 30 June 1994 NAV (RM) Units 39,645,118.44 101,358,762.57 FEES & CHARGES 1 Lowest FUND MANAGER’S REVIEW The FBMS Index was up by 0.38% in September as strengthening of Ringgit versus the US Dollar had resulted in some price appreciation for local stock markets. Nonetheless, the Fund’s NAV was down by 3.12% on a 1 month basis and underperformed the benchmark by -3.50% during the period under review driven by the decline in share price of export related counters and other local stocks. Also during the month the US Federal Reserve Chaiman had indicated more tightening measure and rate hike in the future, hence presenting temperorary weakness and buying opportunity for export oriented stocks for investors at lower price range. To date, the strategy of the Fund is still intact and continues to look for good quality listed companies to invest. The Fund will be actively looking into price weakness as a tactical approach as adverse market condition arises. Sales Charge Annual Management Fee Annual Trustee Fee Up to 5.00% 1.50% p.a of the NAV of the Fund 0.06% p.a subject to a minimum fee of RM18,000 TRANSACTION & DISTRIBUTION Min. Initial Investment Subsequent Investment Distribution Policy RM 500.00 RM 100.00 As income distribution is the secondary objective of the Fund, distribution of income (if any) is incidental. The Manager has the discretion to accept a lower amount than that disclosed above as the Manager deems fit. HIGHEST & LOWEST NAV Current Highest Lowest Date Price 30/09/2017 20/09/1994 29/10/2008 RM 0.3911 RM 0.9973 RM 0.2038 TOP 5 SECTORS SECTOR NAME Industrial Product Technology Consumer Plantation Trading & services % NAV 31.2 20.1 7.8 6.1 3.7 TOP 5 HOLDINGS SECURITY NAME TOPGLOVE BHD HEVEAFIBREBOARD BHD KOSSAN INDUSTRIES BHD EVERGREEN FIBREBOARD BHD FGV BHD CHART 1: ASSET ALLOCATION AS AT 30 SEPTEMBER 2017 MONEY MARKET + CASH 26.9% EQUITY 73.1% BIMB INVESTMENT MANAGEMENT BHD (276246-X) bimbinvestment.com.my
2. OCTOBER 2017 BIMB i Growth (ALL DATA AS AT 30 SEPTEMBER 2017 UNLESS OTHERWISE STATED) CHART 2: PERFORMANCE OF THE FUND AND BENCHMARK INDEX 70% 50% BIMB i Growth FBM Emas Shariah 30% 10% -10% Since Inc 10 Years 5 Years 4 Years 3 Years 2 Years 12 Months 9 Months 6 Months 3 Months 1 Month YTD PERFORMANCE VS. BENCHMARK AS AT 30 SEPTEMBER 2017 Fund Benchmark 1 Year 23.03% 3.64% 3 Years 0.62% (2.95%) 5 Years 14.16% 12.83% Since Inception (1.15%) 68.16% Note: Performance figures are based on NAV per unit. ANNUAL RETURN Net Distribution (sen/ unit) Net Distribution Yield Total Return Benchmark 2012 4.74% 4.62% 2013 10.78% 11.74% 2014 7.51% 8.89% 2015 (8.67%) (8.80%) 2016 (15.81%) (6.14) 2017 27.79% Note: Performance figures are based on NAV per unit. The Fund’s total return has been verified by Novagni Analytics and Advisory Sdn. Bhd. Based on the Fund's portfolio returns as at 15 Oct 2017, the Volatility Factor (VF) for this Fund is 12.85 and is classified as "Very High". 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. Lipper Ratings for Total Return reflect fund historic total return performance relative to peers. Lipper Ratings for Consistent Return reflect fund historical risk-adjusted returns relative to peers. Lipper Ratings for Preservation are relative, rather than absolute. IMPORTANT INFORMATION: 1) This fund factsheet is prepared for information purposes only. It does not have regard to the specific investment objectives or the financial situation needs of any specific person who may receive it. Neither the information nor any opinions expressed constitute an offer, or an invitation to make an offer to buy or sell any securities or unit trust. Past performance is not necessarily a guide for future performance and income distributions are not guaranteed. Returns may vary from year to year. 2) Investors are advised to read and understand the contents of the Master Prospectus dated 1 November 2016 and any supplemental prospectus issued thereafter, which have been registered with the Securities Commission who takes no responsibility for its contents, before investing. A copy of the Master Prospectus and any supplemental thereto can be obtained from the Head Office of BIMB Investment Management Berhad, authorized consultants or from our approved distributors. Investors should consider the fees and charges involved before investing. You are also advised to read and understand the contents of the Unit Trust Loan Financing Risk Disclosure Statement before deciding to borrow to purchase units. 3) Investments in the Fund are exposed to risks, such as but not limited to stock specific risk, profit rate risk and market risk. These risks and other general risks are elaborated in the Master Prospectus. Investors should also note that the price of units and distribution payables, if any, may go down as well as up. The information contained herein has been obtained from sources believed in good faith to be reliable, however, no guarantee is given in its accuracy or completeness. All opinions in respect of market review, fund review and outlook constitute the Manager’s judgments as of the date of the issuance of this factsheet and are subject to change without notice. 4) Investors are also advised that, where a unit split/distribution is declared, the NAV per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Where a unit split is declared, the value of their investment in Malaysian Ringgit will remain unchanged after the distribution of the additional units. 5) Any issue of units to which the Master Prospectus relates will only be made upon receipt of the completed application form referred to in and accompanying the Master Prospectus, subject to the terms and condition therein. 6) A Product Highlights Sheet (PHS) of this Fund is available and investors have the right to request for it. The PHS should be read and understood before making any investment decision. BIMB INVESTMENT MANAGEMENT BHD (276246-X) bimbinvestment.com.my