Eastspring Investments Islamic Small-cap Fund Report - January 2022

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1. ADVERTISEMENT ISLAMIC SMALL-CAP FUND JANUARY 2022 3-year Fund Volatility 20 .2 Very High Lipper Analytics 10-Jan-2022 ALL DATA AS AT 31 DECEMBER 2021 UNLESS OTHERWISE STATED FUND INFORMATION FUND OBJECTIVE Launch Date: 25 May 2017 The Fund seeks to provide capital appreciation by investing in small market capitalisation Shariah-compliant securities of companies with growth potential. . Fund Category/Fund Type: Equity (small-cap Shariah) / Growth . . ASSET ALLOCATION Fund Size: RM111,021,795.67 . 1. 2. 3. 4. 5. 6. 7. Initial Offer Price: RM0.5000 . NAV per Unit: RM0.5065 . EPF Investment Scheme: Nil . ISIN No: MYU940000AW5 Manufacturing Construction Technology Cash & cash equivalents Plantation / Natural Resources Automotive Banking & Finance 19.24% 15.03% 14.78% 11.32% 6.64% 6.40% 5.22% 8. 9. 10. 11. 12. 13. Health Care Conglomerate Property Consumer Oil and Gas Real Estate Investment Trust 4.91% 4.38% 4.34% 3.97% 3.25% 0.52% . * as percentage of NAV. FEES, CHARGES AND EXPENSES Annual Management Fee: Up to 1.50% of the Fund's NAV per annum . Annual Trustee Fee: Up to 0.065% of the Fund's NAV per annum, subject to a minimum of RM15,000 per annum TOP HOLDINGS 1. 2. 3. Bermaz Auto Berhad Syarikat Takaful Malaysia Keluarga Berhad Magni-Tech Industries Berhad 5.33% 5.22% 4. 5. Uchi Technologies Berhad Hong Leong Industries Berhad. 4.53% 4.38% 4.71% * as percentage of NAV. . Sales Charge: Direct: Up to 5.26% of the NAV per Unit of the Fund . FUND PERFORMANCE Eastspring Investments Islamic Small-Cap Fund - Since Inception (SI) Return Vs Benchmark Redemption charge: Nil . Redemption Payment Period: Ten (10) calendar days SI % Change . TRANSACTION DETAILS 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 Date . Eastspring Investments Islamic Small-Cap Fund Benchmark DISTRIBUTIONS The performance is calculated on NAV-to-NAV basis with gross income or dividend reinvested Income Distribution Policy: Subject to the availability of income, distribution of income, if any, will be incidental, after deduction of taxation and expenses Source: Lipper for Investment Management. Past performance is not necessarily indicative of future performance. . Fund NAV: 52-Week High 52-Week Low NAV 0.5537 0.4896 Date 14-04-2021 20-12-2021 PERFORMANCE TABLE 1 month 6 months 1 year 3 years 5 years Since Inception 0.50% -1.21% -4.69% 19.66% n.a. 3.43% Benchmark * -0.30% 2.27% -0.89% 38.80% n.a. -8.45% Lipper Ranking 6 of 12 11 of 12 12 of 12 12 of 12 n.a. n.a. Fund FUND MANAGER Lipper Fund Category: Equity Malaysia Sm & Mid Cap . Fund Manager: Eastspring Investments Berhad *80% FTSE Bursa Malaysia Small Cap Shariah Index + 20% FTSE Bursa Malaysia EMAS Shariah Index Fund performance and Lipper ranking are sourced from Lipper for Investment Management and the benchmark is from www.bursamalaysia.com, 31 December 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 1 1 1 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: cs.my@eastspring.com 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.
2. ADVERTISEMENT ISLAMIC SMALL-CAP FUND JANUARY 2022 ALL DATA AS AT 31 DECEMBER 2021 UNLESS OTHERWISE STATED FUND MANAGER ’S COMMENTARY Malaysian equity markets closed the month of December higher due to year end window dressing with the FBMKLCI gaining 1.5% on the last trading day of the year. Concerns over the emergence of the Omicron variant eased as the variant, whilst seemingly more infectious, resulted in milder symptoms. However new Covid cases globally spiked post mid-December, for some exceeding previous highs in reported daily cases, resulting in governments reintroducing restrictions on social activities, with some governments opting to revert to only allowing essential businesses remain open. Nevertheless, levels of vaccination have improved significantly, Malaysia has reached 78.4% of total population fully vaccinated as at end Dec 2021, with 6.6m booster shots administered so far (almost 20% of population). Malaysia was subject to three days of torrential rain resulting in the worst floods in central Malaysia, not seen for 50 years. So far death toll from the floods is at 46, with an estimated 50k-70k people displaced as a result. The severe flooding disrupted factory production and will affect trade activity in December . The FBM Emas Shariah Index gained 134.48 points in December to close at 12,263.10 points, up 1. 11%. The FBM Small Cap Shariah index declined 0.66% for the month underperforming the FBM Emas Shariah Index. The best performing sectors were Finance (+3.5%) and Transport (+1.98%). The worst performing sectors were Healthcare (-4.76%) and Construction (-3.25%). Average value traded on Bursa in December was RM 2240m lower by 27% mom. . OTHER INFORMATION ABOUT THE FUND Year . Annual Fund Performance (%) . Annual Benchmark Performance (%) . . . . . . . . . . 2018 2019 2020 -20.73 20.80 3.93 -30.89 22.14 19.80 - - 22 Dec, 0.0112 - - 2.04 . . . . . . . . . . Date/Distribution (RM) . Distribution Yield (%) . . . . . . 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 31 December 2021, the Volatility Factor (VF) for this Fund is 20.2 and is classified as “Very High” (Source: Lipper). “Very High” generally includes funds with VF that are higher than 16.73. 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 Islamic Small-cap Fund ("Fund") Prospectus dated 25 May 2017, the Fund's First Supplementary Prospectus dated 31 October 2018, the Fund's Second Supplementary Prospectus dated 2 January 2019 and the Fund' s Third Supplementary Prospectus dated 1 August 2019 (collectively, "the Prospectuses") and 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 has 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 distributions 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 equity 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 the 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. Prudential plc, incorporated and registered in England and Wales . Registered office: 1 Angel Court, London EC2R 7AG. Registered number 1397169. Prudential plc is a holding company, some of whose subsidiaries are authorized and regulated, as applicable, by the Hong Kong Insurance Authority and other regulatory authorities. Prudential plc is 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 Limited , a subsidiary of M&G plc. A company incorporated in the United Kingdom . . .