of  

or
Sign in to continue reading...

Libra Amanah Saham Wanita Fund Report - October 2018

IM Insights
By IM Insights
5 years ago
Libra Amanah Saham Wanita Fund Report - October 2018

Amanah, Shariah


Create FREE account or Login to add your comment
Comments (0)


Transcription

  1. Libra Amanah Saham Wanita | Equity (Shariah) Libra Amanah Saham Wanita (the “Fund”) is an open-ended unit trust fund, investing principally in quoted Shariah-compliant equities and equity-related securities. Investment Objective The primary objective of the Fund is to offer relatively good and safe capital growth** over the longterm* period by investing principally in an actively-managed, diversified portfolio of Shariahcompliant equities and equity-related securities. * Above 3 years ** Growth is targeted to be consistent and stable by not taking excessive risk Investment Strategy The Fund generally adopts an investment strategy which emphasises on appropriate asset allocations in different market conditions to enhance risk-adjusted returns. Fund Information Management Company – Libra Invest Berhad Inception Date – 4 May 1998 (Under LIB’s management from 2 May 2003 onwards.) Entry Fee – Up to 5.00% of the NAV per unit Management Fee – 1.50% p.a. of the Fund’s NAV Trustee Fee – 0.10% p.a. of the Fund’s NAV, subject to a minimum of RM50,000 p.a. Exit Fee – Nil Min Initial Investment – RM5,000 Min Additional Investment – RM200 for regular investor and RM1,000 for non-regular investor Trustee(s) – Maybank Trustees Berhad Investor Profile Investors who are looking for a well-diversified investment portfolio in Shariah-compliant equities and equity-related securities with the potential of providing reasonable return, through both capital appreciation and income distribution on their investment, over a long period of time; and Investors who seek to invest in equities and equity-related securities that comply with Shariah requirements but do not have the time or skills to undertake fundamental research and to gather relevant information to guide their investment decision. Asset Allocation The Fund shall invest in the following asset classes: Asset Class Asset Allocation (% of Fund’s NAV) Quoted Shariah-compliant Equities and Equity-related Securities Minimum 70% Islamic Liquid Assets Minimum 2% Recommended investment horizon: Above 5 years (1)
  2. Libra Amanah Saham Wanita | Equity (Shariah) Allocation & Top Holdings As at 31 October 2018 Asset Allocation Asset Allocation Top Holdings 1 Industrial/Manufacturing 17.95% 1 Tenaga Nasional Berhad 2 Utilities 8.25% 2 Scicom (MSC) Berhad 3 Energy 7.84% 3 Yinson Holdings Berhad 4 Consumer Products 4.87% 4 Bermaz Auto Berhad 5 Healthcare 4.78% 5 Top Glove Corporation Berhad 6 Technology 3.57% 7 Finance 8 Liquid Assets 3.45% 49.29% Fund Performance (5 Years) Performance Record Income Distribution Record 1-Year 3-Year 5-Year Libra Amanah Saham Wanita -10.64 0.90 6.53 Benchmark* -10.02 -5.01 -7.62 2004 2.48 sen per unit 2006 4.63 sen per unit Source : Lipper * FBM Emas Shariah Index Unit Split Highest & Lowest NAV since 1/11/2017 Price Date Highest RM 0.7730 8 Jan 2018 Lowest RM 0.6506 29 Oct 2018 Current RM 0.6590 31 Oct 2018 2003 1:1.08025 (8.025%) Disclaimer: (1) Based on the Fund’s portfolio returns as at 15 October 2018, the Volatility Factor (VF) for this Fund is 8.19 and is classified as “High” (Source: Lipper). “High” includes funds with VF that are above 8.710 and less than or equal to 11.135.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. Investors are advised to read and understand the content of the Replacement Master Prospectus (“RMP”) dated 31 May 2018 before investing. The RMP has been registered with the Securities Commission Malaysia, which takes no responsibility for its contents. A copy of the RMP can be obtained from the head office of Libra Invest Berhad (“LIB”) or its centre. A soft copy of the RMP can also be downloaded from the LIB website. Units will only be issued upon receipt of an application form accompanying the RMP. The price of units and income distribution, if any, may go up or down. Investors should consider the fees, charges and risk factors (such as market risk, country risk, currency risk, sectorial risk, interest rate risk, credit/default risk, liquidity risk, warrant risk and structured product risk) involved. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, 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, investors should be highlighted of the fact that the value of their investment in Malaysian Ringgit will remain unchanged after the distribution of the additional units. A Product Highlights Sheet (PHS) is available and investors have the right to request for a PHS. The PHS and any other product disclosure document should be read and understood by investors before making any investment decision. The opinions and information contained herein are strictly for information purposes only and are subject to change without notice. They are not to be construed as any recommendation, offer, invitation or solicitation to deal, buy or sell securities, financial instruments or funds mentioned herein. The opinions expressed herein, if any, do not constitute investment advice and independent advice should be sought, where appropriate. LIB does not warrant the accuracy of anything stated here in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against LIB. Past performance of the Fund is no indication of future performance.