- DANA DINAMIK APRIL 2019 3-year Fund Volatility 6 .5 Moderate Lipper Analytics 10-Mar-2019 ALL DATA AS AT 31 MARCH 2019 UNLESS OTHERWISE STATED FUND INFORMATION FUND OBJECTIVE Launch Date: 25 February 2004 The Fund seeks to provide investors with capital appreciation by actively investing in Shariah approved equities and equity-related securities. For defensive considerations, the Fund may invest in Shariah-approved debentures and money market instruments. . Fund Category/Fund Type: Mixed Asset (Shariah)/growth . . Fund Size: RM163,642,546.47 ASSET ALLOCATION . Initial Offer Price: 0.5000 1. 2. 3. 4. 5. 6. 7. 8. . NAV per Unit: RM0.9566 . EPF Investment Scheme: Yes . FEES, CHARGES AND EXPENSES Cash & cash equivalents Power / Utilities Oil and Gas Technology Consumer Construction Health Care Conglomerate 11.91% 10.84% 10.36% 9.00% 8.16% 7.92% 5.82% 5.55% 9. 10. 11. 12. Manufacturing Telecommunication Automotive Unquoted Fixed Income Securities 13. Plantation / Natural Resources 14. Banking & Finance 15. Property 5.38% 5.09% 4.85% 4.63% 4.46% 3.65% 2.38% * as percentage of NAV. Annual Management Fee: Up to 1.25% of the NAV per annum . 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 5.00% of the NAV per Unit . Redemption charge: Nil TOP HOLDINGS Equity Holdings 1. 2. 3. 4. 5. Bond Holdings Tenaga Nasional Berhad Nestle (Malaysia) Berhad Dialog Group Berhad Petronas Chemicals Group Berhad Mega First Corporation Berhad 7.41% 4.73% 3.69% 3.46% 2.86% 1. 2. 3. Affin Islamic Bank Berhad Government Of Malaysia Hong Leong Islamic Bank Berhad 3.10% 0.92% 0.61% . Redemption Payment Period: Ten (10) calendar days * as percentage of NAV. . FUND PERFORMANCE TRANSACTION DETAILS Eastspring Investments Dana Dinamik - Since Inception (SI) Return Vs Benchmark Minimum Initial Investment: Lump Sum: RM1000* Regular Investment: RM100* Minimum Additional Investment: Lump Sum & Regular Investment: RM100* . * The Manager reserves the right to change the minimum amounts stipulated above from time to time . SI % Change . DISTRIBUTIONS Income Distribution Policy: At least once a year, subject to the availability of income Date . Eastspring Investments Dana Dinamik Fund NAV: 52-Week High 52-Week Low Benchmark The performance is calculated on NAV-to-NAV basis with gross income or dividend reinvested NAV 1.0467 0.8955 Date 16-04-2018 18-12-2018 Source: Lipper for Investment Management. Past performance is not necessarily indicative of future performance. PERFORMANCE TABLE 1 month 6 months 1 year 3 years 5 years Since Inception 1.00% -2.95% -2.30% 12.97% 26.30% 231.10% Benchmark * -0.05% -3.11% -4.25% 1.77% 2.76% 77.69% Lipper Ranking 5 of 14 5 of 14 4 of 13 2 of 11 2 of 10 n.a. FUND MANAGER Fund Manager: Manager's Delegate (External Investment Manager) - Eastspring Al-Wara’ Investments Berhad . AWARDS / RATINGS Lipper Fund Awards from Refinitiv 2019 Best Mixed Asset MYR Flexible - Malaysia Islamic, 10 years; Best Mixed Asset MYR Flexible - Malaysia Pension, 10 years. From Lipper Fund Awards from Refinitiv, ©2019 Refinitiv. All rights reserved. Used under license. Eastspring Investments Berhad (531241-U) Level 12, Menara Prudential, 10, Jalan Sultan Ismail, 50250 Kuala Lumpur. Tel: 603 - 2332 1000 Fax: 603 - 2052 3366 E-mail: email@example.com Fund Lipper Fund Category: Mixed Asset MYR Flexible - Islamic . * 50% Financial Times Stock Exchange Bursa Malaysia Emas Shariah Index (FBMS) + 50% Maybank 12-months Islamic Fixed Deposit-i. Fund performance and Lipper ranking are sourced from Lipper for Investment Management and the benchmark is from www.bursamalaysia.com and www.maybank2u.com.my, 31 March 2019. 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 3 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. 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.
- DANA DINAMIK APRIL 2019 ALL DATA AS AT 31 MARCH 2019 UNLESS OTHERWISE STATED FUND MANAGER ’S COMMENTARY Equity: Emerging markets generally had a positive month of March, on the back of a more than expected dovish US Federal Reserve, positive news around trade talks and China’s fresh stimulus measures. The Malaysian equity market however, was one of the worst performers in the region, with the FBM Emas Shariah Index declining 0.38% mom in March to close at 11,688 points, down 44 points. The market weakness comes after the Invest Malaysia event held on 19-20 March, and amidst the risk to earnings for banks due to a possible rate cut, slower corporate earnings growth prospects and policy uncertainty. Foreign investors were net sellers of equity of RM1.6b in March, bringing 1Q2019 net foreign outflow of RM1.4bn. The FBM Small Cap Shariah index gained 2.03% for the month. The best performing sectors were Energy (+7.1%) and Construction (+6.85%). News flow on the revival of the East Coast Rail Line has spurred interest in the construction sector again. The worst performing sectors were Finance (-4.63%) and Transport (-2.2%). Stocks with exposure to Turkey were sold down due to the post elections turmoil which saw the Lira depreciating again. Average value traded on Bursa in March was RM 2,995m higher by 55% mom in March (included the crossing of IHH shares between Khazanah and Mitsui & Co.) Fixed Income: In the US, the Federal Open Market Committee (“FOMC”) kept rates unchanged in the range of 2.25%-2.50% during March’s as expected. However, the US Federal Reserve (“Fed”) turned more dovish as the Fed lowered its median assessment on the Federal Fund Rate to no hike in FY2019 from two hikes previously. The Fed acknowledged that the labor market remains strong, but that growth of economic activity has slowed from its solid rate in the fourth quarter. On the domestic front, the third Monetary Policy Committee (“MPC”) meeting for 2019 will be held on 7 May. In March, Bank Negara left the Overnight Policy Rate unchanged at 3.25% but caution on the unresolved global trade tension which may impact domestic growth. We expect BNM to monitor the domestic and global economy further before making any changes to its monetary policy stance. In April, there will be three MYR government bond auction and a maturity of around RM10billion of MGII. Sovereign bonds yields are expected to remain volatile given the global economic uncertainties while investors continue their search for yields. Corporate bond market is expected to see a continuous supply in the April as yields have decreased over the past three months which is favorable for issuers . . PORTFOLIO CHARACTERISTICS AS AT 31 MARCH 2019 Average Duration (years) Value 0.13 Average Yield to Maturity (%) 0.66 Note: This portfolio represents the Fixed Income portion of the Fund. ANNUAL PERFORMANCE FOR THE CALENDAR YEAR ENDED Year 2014 2015 2016 2017 2018 Fund (%) 4.55 12.03 -3.42 18.16 -6.90 -0.47 3.02 -1.46 6.89 -5.26 29 Sep, 0.0619 25 Sep, 0.0364 26 Sep, 0.0435 26 Sep, 0.0446 26 Sep, 0.0469 . . Benchmark (%) . Date/Distribution (RM) . Distribution Yield (%) . . . . . 6.03 . . . . . 4.00 . . . . . 4.50 . . . . . . . . 4.50 . 4.50 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 28 February 2019, the Volatility Factor (VF) for this Fund is 6.5 and is classified as “Moderate” (Source: Lipper). “Moderate” generally includes funds with VF that are higher than 6.595 but not more than 8.795. 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 and VC will be revised every six (6) months. 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 and the Eastspring Investments Third Supplementary Master Prospectus dated 2 January 2019 (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. The Prospectuses have been registered with the Securities Commission Malaysia who takes no responsibility for its contents. 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, credit or default risk, interest rate 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. Eastspring Investments companies (excluding JV companies) are ultimately wholly owned/indirect subsidiaries 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 . . . .