Eastspring Investments Dana Al-Ilham Fund Report - March 2021
- ADVERTISEMENT DANA AL-ILHAM MARCH 2021 3-year Fund Volatility 15 .2 High Lipper Analytics 10-Mar-2021 ALL DATA AS AT 28 FEBRUARY 2021 UNLESS OTHERWISE STATED FUND INFORMATION FUND OBJECTIVE Launch Date: 14 August 2002 The Fund seeks to provide investors with high capital appreciation from Shariah-compliant investments which have the potential of substantial value appreciation. . Fund Category/Fund Type: Shariah equity/growth . . Fund Size: RM462,111,842.89 ASSET ALLOCATION . Initial Offer Price: RM0.5000 1. 2. 3. 4. 5. 6. 7. 8. . NAV per Unit: RM0.7269 . EPF Investment Scheme: Yes . ISIN No: MYU940000AE3 . FEES, CHARGES AND EXPENSES Annual Management Fee: Up to 1.50% of the NAV per annum Oil and Gas Technology Consumer Telecommunication Cash & cash equivalents Power / Utilities Property Banking & Finance 12.68% 11.80% 11.27% 11.21% 9.37% 8.38% 7.56% 7.49% 9. 10. 11. 12. 13. 14. 15. Health Care Conglomerate Manufacturing Plantation / Natural Resources Automotive Construction Transportation 6.75% 3.65% 3.49% 2.41% 1.73% 1.29% 0.92% * as percentage of NAV. TOP HOLDINGS . Annual Trustee Fee: Up to 0.07% of the NAV per annum subject to a minimum of RM18,000 per annum . Sales Charge: Up to 5.26% of the NAV per Unit 1. 2. 3. 8.38% 5.19% 4.22% Tenaga Nasional Berhad Mr D.I.Y. Group (M) Berhad Inari Amertron Berhad 4. 5. Time Dotcom Berhad Telekom Malaysia Berhad 3.94% 3.84% * as percentage of NAV. FUND PERFORMANCE . EPF: e-PPA: 1.5% of the NAV per Unit i-Invest: 0% of NAV per Unit Eastspring Investments Dana al-Ilham - Since Inception (SI) Return Vs Benchmark . Redemption charge: Nil Redemption Payment Period: Ten (10) calendar days . TRANSACTION DETAILS SI % Change . Minimum Initial Investment: Lump Sum: RM1000* Regular Investment: RM100* . Minimum Additional Investment: Lump Sum & Regular Investment: RM100* Date . * The Manager reserves the right to change the minimum amounts stipulated above from time to time . Eastspring Investments Dana al-Ilham Benchmark The performance is calculated on NAV-to-NAV basis with gross income or dividend reinvested Source: Lipper for Investment Management. Past performance is not necessarily indicative of future performance. DISTRIBUTIONS Income Distribution Policy: Incidental . Fund NAV: 52-Week High 52-Week Low NAV 0.7355 0.4719 Date 08-12-2020 19-03-2020 PERFORMANCE TABLE 1 month 6 months 1 year 3 years 5 years Since Inception Fund 2.61% 2.32% 26.49% 14.49% 30.04% 530.26% Benchmark * 0.84% -1.42% 16.71% -3.34% 5.96% 154.94% 23 of 49 31 of 49 19 of 49 17 of 47 15 of 46 n.a. Lipper Ranking FUND MANAGER Lipper Fund Category: Equity Malaysia - Islamic . Fund Manager: Manager's Delegate (External Investment Manager) - Eastspring Al-Wara’ Investments Berhad * Financial Times Stock Exchange Bursa Malaysia Emas Shariah Index (FBMS) Fund performance and Lipper ranking are sourced from Lipper for Investment Management and the benchmark is from www.bursamalaysia.com, 28 February 2021. Performance is calculated on a Net Asset Value ("NAV") to NAV basis with gross income or dividend reinvested. Past performance is not necessarily indicative of future performance. . . LIPPER LEADERS RATING (OVERALL) Total Return Consistent Return Preservation 4 4 4 Lipper Leaders Key Lowest Highest 1 5 The Lipper Leaders Ratings System is a set of tools that guide investors and their advisors to select funds that suit individual investment styles and goals. It uses investors-centred criteria to deliver a simple, clear description of a fund's success in meeting certain goals, such as preserving capital or building wealth through consistent strong returns. Eastspring Investments Berhad 200001028634 (531241-U) Level 22, Menara Prudential, Persiaran TRX Barat, 55188 Tun Razak Exchange, Kuala Lumpur Tel: 603 - 2778 3888 E-mail: [email protected] Web: www.eastspring.com/my Lipper Leader ratings are derived from highly sophisticated formulas that analyse funds against clearly defined criteria. Each fund is ranked against its peers based on the metric used ( such as Total Return or Expense), and then the top 20% of funds in that ranking receive the Lipper Leader designation. Lipper Leaders measures are not predictive of future performance, but they do provide context and perspective for making knowledgeable fund investment decisions.
- ADVERTISEMENT DANA AL-ILHAM MARCH 2021 ALL DATA AS AT 28 FEBRUARY 2021 UNLESS OTHERWISE STATED FUND MANAGER ’S COMMENTARY Malaysia’s equity market ended the month marginally higher as lockdown measures were beginning to be eased , and the vaccination program kicked off end of February 2021. The government announced that MCO 2.0 will be lifted to CMCO for Selangor, Kuala Lumpur, Johor, and Penang effective 5 March 2021. COVID-19 new cases started to decline, after the peak on the 4 Feb 2021 of 4571 new cases, and ended the month with 2437 new cases. Dining in at restaurants were slowly allowed, as retailers started to open up. Foreign investors continued to be net sellers of Malaysian equities of RM0.9b in Feb 2021, and has been net sellers for thirteen -consecutive months since Feb 2020. The FBM Emas Shariah gained 108.29 points in February to close at 12,979.15 points, up 0.84%. The FBM Small Cap Shariah index gained 8.18% for the month outperforming the FBM Emas Shariah. The best performing sectors were Energy (+17.5%) and Technology (+8.43%). The worst performing sectors were Healthcare (-11.3%) and Plantation (1.12%). Average value traded on Bursa in February was RM 4777m lower by 1.64% mom. . OTHER INFORMATION ABOUT THE FUND Year 2016 2017 2018 2019 2020 Annual Fund Performance (%) -3.89 10.47 -6.19 5.31 17.42 Annual Benchmark Performance (%) -6.14 10.72 -13.52 3.85 10.14 24 Mar, 0.0364 24 Mar, 0.0357 26 Mar, 0.0375 15 Mar, 0.0331 18 Mar, 0.0322 . . . . . . . . . . . . . . . . . . Date/Distribution (RM) . Unit Split . Distribution Yield (%) . . . . . - - - - 5.14 5.22 5.40 5.17 6.16 . . . . . . . . . Source: Distribution and Distribution Yield are sourced from the fund 's Annual Report. Fund and Benchmark for current year are based on Year to Date (YTD) figures which is sourced from Lipper for Investment Management. Past performance is not necessarily indicative of future performance. IMPORTANT INFORMATION Based on the Fund’s portfolio returns as at 26 February 2021, the Volatility Factor (VF) for this Fund is 15.2 and is classified as “High” (Source: Lipper). “High” generally includes funds with VF that are higher than 14.31 but not more than 17.19. The VF means that 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. The VF for the Fund may be higher or lower than the VC, depending on the market conditions. 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. Investors are advised to read and understand the contents of the Eastspring Investments Master Prospectus dated 15 July 2017, the Eastspring Investments First Supplementary Master Prospectus dated 2 February 2018, the Eastspring Investments Second Supplementary Master Prospectus dated 31 October 2018, the Eastspring Investments Third Supplementary Master Prospectus dated 2 January 2019, the Eastspring Investments Fourth Supplementary Master Prospectus dated 1 August 2019, the Eastspring Investments Fifth Supplementary Master Prospectus dated 1 October 2020 (collectively, the "Prospectuses"), as well as the Fund's Product Highlights Sheet (“PHS”) before investing. The Prospectuses and PHS are available at offices of Eastspring Investments Berhad or its authorised distributors and investors have the right to request for a copy of the Prospectuses and PHS. This advertisement has not been reviewed by the Securities Commission Malaysia ("SC"). The Prospectuses have been registered with the SC who takes no responsibility for its contents. The registration of Prospectuses with the SC does not amount to nor indicate that the SC has recommended or endorsed the product. Units will only be issued upon receipt of the application form accompanying the Prospectuses. Past performance of the Fund is not an indication of the Fund's future performance. Unit prices and distribution payable, if any, may go down as well as up. 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. Where a unit split is declared, investors are advised that the value of their investment in Malaysian Ringgit will remain unchanged after the issue of the additional units. Investments in the Fund are exposed to security risk and reclassification of Shariah status risk. Investors are advised to consider these risks and other general risks as elaborated in the Prospectuses as well as fees, charges and expenses involved before investing. Investors may also wish to seek advice from a professional adviser before making a commitment to invest in units of any of our funds. Eastspring Investments companies (excluding JV companies) are ultimately wholly-owned/indirect subsidiaries/associate of Prudential plc of the United Kingdom. Eastspring Investments companies (including JV companies) and Prudential plc are not affiliated in any manner with Prudential Financial , Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company , a subsidiary of M&G plc (a company incorporated in the United Kingdom). . . - .