Dana i-Majmuk Fund Report - February 2018

Transcription

1. Great Eastern Takaful Berhad Dana i-Majmuk 28 February 2018 Fund Objective A fund which invests in a mixture of Shariah-compliant equities , Islamic fixed income securities and Islamic deposits. There is flexibility in asset allocation as this fund may invest solely in Islamic fixed income securities or Shariahcompliant equities. This fund seeks to provide medium to long-term capital appreciation, with a moderate level of volatility. Dana i-Majmuk only invests in Shariah-compliant securities. Fund Info (as at 28-Feb-2018 ) Inception Date 10 December 2010 Fund Size (RM mil) 40.2 Management Fee 1.25% p.a. on NAV Fund Manager GELM Investment NAV per unit (RM) 1.45 Risk Profile Moderate Valuation Daily based on market prices Investment Strategy The fund shall be actively managed, investing in Malaysian Shariah-compliant equities with good fundamentals and growth potential. The fund also can strategically be invested in defensive instruments such as Islamic government securities and/or Corporate sukuks in response to the market and economic changes. The fund aims to provide consistent long-term return above the benchmark. Performance from 10 December 2010 - 28 February 2018 Price (NAV-to-NAV) Performance vs Benchmark Dana I-Majmuk Weighted Benchmark Sector Allocation (as at 28-Feb-2018 ) Dec-10 Feb-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Feb-12 Apr-12 Jun-12 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Jun-13 Aug-13 Oct-13 Dec-13 Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 Oct-17 Dec-17 Feb-18 155.0 150.0 145.0 140.0 135.0 130.0 125.0 120.0 115.0 110.0 105.0 100.0 95.0 90.0 85.0 Notice: Past Performance of the fund is not an indication of its future performance. YTD 1-mth Percentage Return (NAV to NAV) 6-mth 1Y 3Y 5Y Dana i-Majmuk 0.7% (1.1%) 4.2% 8.4% 14.0% 37.8% 45.0% Weighted Benchmark* 0.7% (0.7%) 3.4% 5.7% 5.9% 18.8% 29.7% Oil & Gas Cash & Deposits Fixed Income Securities Utilities / Infrastructure Telecommunication Building Materials & Construction Property Others - Mfg Technology / IT Services Motor Others % of NAV 14.6% 13.7% 12.8% 11.2% 9.8% 8.3% 6.9% 6.1% 4.7% 4.5% 7.4% Since Inception 100.0% *Change of benchmark: 50% FBME Shariah Index + 50% 12 month Islamic Deposit Rate, approved by GETSB BOD with effecitve from 14 March 2013. Bloomberg source: FBMS - Bursa Malaysia Risk The fund is classified under the moderate risk category as this fund offers partial or all pure Shariah-compliant equity investment, which is volatile in the short term. The funds can be strategically be invested in Islamic fixed income securities if equities market conditions are not favorable Risk is managed through (i) active management in response to market and economic conditions and (ii) portfolio diversification, by investing in numerous stocks across different industries. Target Market The fund is suitable for investors with moderate risk appetitie and medium to long-term investment horizon. Top 5 Holdings (as at 28-Feb-2018 ) Tenaga Nasional Bhd Lebuhraya DUKE Fasa 3 Sdn Bhd Axiata Group Bhd Petronas Chemicals Group Bhd Petronas Gas Bhd % of NAV 9.0% 5.3% 4.0% 3.4% 3.1% Other Information The company reserves the right to suspend the fund in the event of exceptional circumstances, for example the suspension of trading in the stock exchange. The fund fact sheets presented by Great Eastern Takaful Berhad (“GETB”) are to be used as an information source only. GETB makes no statements, representations, or warranties about the accuracy or completeness of any information contained in this publication. GETB disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages and costs you might incur as a result of the information being inaccurate or incomplete in any way, and for any reason. Please read and understand the contents of the fact sheets before investing. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Also consider the management fees and charges involved before investing. Past performance of the fund is not an indication of its future performance (warning statement: this is strictly the performance of the unit fund, and not the returns earned on the actual contributions paid of the IL takaful product). Some of the data contained herein have been extracted from the following source: FTSE International Limited ("FTSE") © FTSE [2010]. FTSE is a trade mark of London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. All rights in the FTSE Indices vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices or underlying data. No further distribution of FTSE data is permitted without FTSE's express written consent.