Manulife Investment Al-Faid Fund Report - November 2018

Transcription

1. Monthly Review November 2018 8 .1 high Manulife Investment Growth Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 250% FUND OBJECTIVE To provide Unit Holders with medium- to long-term capital growth through investments in a diversified portfolio of equities. 200% 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors with a higher risk tolerance with low income requirement. Investors should ideally have a medium- to longterm investment horizon of between 3 and 5 years. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -7.56 -6.09 -11.50 -9.70 -17.24 -9.06 -16.14 -6.57 1.75 1.69 4.72 -6.35 149.19 107.64 2013 2014 2015 2016 0.14 5.69 0.71 16.60 Fund (%) 12.38 -6.13 -2.26 -2.77 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 17.59 12.87 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.3337 RM 50.78 mil 152.18 mil 18 Feb 2002 11 Mar 2002 31 Jul MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Incidental FTSE Bursa Malaysia EMAS Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name PUBLIC BANK BERHAD MALAYAN BANKING BHD CIMB GROUP HOLDINGS BHD PETRONAS CHEMICALS GROUP BHD HENGYUAN REFINING CO BHD % NAV 5.6 4.5 4.4 3.8 3.2 HIGHEST & LOWEST NAV 2015 0.4516 0.3579 High Low 2016 0.4222 0.3826 2017 0.4472 0.3848 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FINANCIAL SERVICES CONSUMER PROD & SERV IND PROD & SERV FOREIGN CASH INSTRUMENT ENERGY PLANTATION HEALTH CARE UTILITIES OTHERS % NAV 18.6 14.2 12.8 12.6 9.3 8.0 6.9 5.5 4.8 7.3 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 2.90 7.2 2017 3.25 7.9 2018 1.42 3.6 No. 1 2 3 4 5 Country Name MALAYSIA CASH INSTRUMENT KOREA-SOUTH HONG KONG OTHERS % NAV 78.2 9.3 4.5 3.3 4.8 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
2. Monthly Review November 2018 9 .2 very high Manulife Investment Progress Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Equity 10-YEAR PERFORMANCE AS AT 31 OCT 2018 * 400% FUND OBJECTIVE To provide Unit Holders with a steady long-term capital growth at a reasonable level of risk by investing in a diversified portfolio of small- to medium-size public listed companies. 300% 200% 100% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who are willing to accept a higher level of risk and for investors who seek to maximise long-term capital appreciation from their investments. These investors should also have low income requirements and ideally have a medium- to longterm investment horizon of between 3 and 5 years. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCT 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -6.32 -10.36 -8.16 -12.69 -18.19 -20.79 -17.61 -20.11 -1.39 -7.18 30.76 1.33 263.49 117.98 2013 2014 2015 2016 34.22 4.12 31.74 -3.98 Fund (%) 36.67 6.45 3.33 -4.24 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 16.55 19.65 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.3395 RM 315.92 mil 930.47 mil 18 Feb 2002 11 Mar 2002 31 Jul MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Small Cap Index + 50% FTSE Bursa Malaysia Mid 70 No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name PESTECH INTERNATIONAL BHD DIALOG GROUP BHD TOP GLOVE CORP BHD SAM ENGINEERING & EQUIPMENT UCHI TECHNOLOGIES BHD % NAV 3.7 3.1 3.1 2.9 2.8 HIGHEST & LOWEST NAV 2015 0.4475 0.3577 High Low 2016 0.4590 0.3944 2017 0.4588 0.3975 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name IND PROD & SERV CASH INSTRUMENT ENERGY CONSUMER PROD & SERV HEALTH CARE TECHNOLOGY PLANTATION CONSTRUCTION TRANSP & LOGISTICS OTHERS % NAV 24.4 20.8 11.9 11.0 7.2 4.8 4.0 3.8 3.4 8.6 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 3.50 8.2 2017 3.30 7.8 2018 1.23 3.0 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 79.2 20.8 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
3. Monthly Review November 2018 2 .0 low Manulife Investment Bond Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Income / Bond 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 60% FUND OBJECTIVE To provide Unit Holders with higher than average returns compared to fixed deposits in medium- to long- term periods by investing in bonds and other fixed income securities with minimum risk to capital invested. 50% 40% 30% 20% 10% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark The Fund will continue to purchase good yield papers to reach its investment optimum level. INVESTOR PROFILE The Fund is designed for investors who prefer a lower level of risk. The Fund is suitable for investors who are less concerned on capital appreciation but seek consistent, reasonable and stable income distribution from their investments. Investors should ideally have a medium- to longterm investment horizon of between 3 and 5 years. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year 0.25 0.32 2.40 1.89 3.53 3.08 4.10 3.70 13.73 11.19 20.82 19.54 49.08 41.81 2013 2014 2015 2016 2.39 3.44 3.30 4.41 Fund (%) 3.48 3.69 3.69 3.43 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 4.46 3.66 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.8441 RM 134.59 mil 159.46 mil 18 Feb 2002 11 Mar 2002 31 Oct MYR Up to 0.75% of NAV p.a. Up to 0.06% of NAV Up to 0.25% of NAV per unit Nil Annually 5-year MGS Bond Index returns No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name KRUNG THAI BANK/CAYMAN 5.1 07/04/2025 CELCOM NETWORKS SDN BHD 5.05 08/29/2024 GENM CAPITAL BHD 4.9 08/22/2025 BUMITAMA AGRI LTD 5 09/02/2019 FORTUNE PREMIERE SDN BHD5.05 09/05/2025 % NAV 7.4 5.7 3.7 3.7 3.7 No. Asset/ Sector Name 1 FIXED INCOME 2 CASH INSTRUMENT % NAV 89.0 11.0 HIGHEST & LOWEST NAV 2015 0.8395 0.8402 High Low 2016 0.8913 0.8335 2017 0.8797 0.8449 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 3.00 3.5 2017 3.45 4.0 2018 3.60 4.2 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 89.0 11.0 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
4. Monthly Review November 2018 6 .8 moderate Manulife Investment Al-Faid 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Islamic Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 200% FUND OBJECTIVE To provide Unit Holders with medium- to long-term capital growth through investments in a diversified portfolio of equities which are Shariah-compliant. 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for those seeking investments that comply with Shariah requirements and are willing to accept a medium to high level of risk. Investors should have a medium- to long-term investment horizon of between 3 and 5 years. The Fund is suitable for investors who seek long-term capital appreciation from their investments. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -6.32 -7.15 -9.39 -10.61 -12.49 -11.51 -10.82 -10.02 -1.12 -5.01 6.24 -7.62 120.95 101.11 2013 2014 2015 2016 15.36 0.82 9.02 -1.98 Fund (%) 13.29 -4.17 2.35 -6.14 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 11.87 10.72 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.3260 RM 181.66 mil 557.24 mil 30 Jun 2003 22 Jul 2003 31 Jul MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Incidental FTSE Bursa Malaysia EMAS Shariah Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name TENAGA NASIONAL BHD PETRONAS GAS BHD PETRONAS CHEMICALS GROUP BHD TIME DOTCOM BHD PPB GROUP BERHAD % NAV 7.5 5.1 5.1 4.1 3.9 HIGHEST & LOWEST NAV 2015 0.4391 0.3596 High Low 2016 0.4122 0.3720 2017 0.4096 0.3729 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT UTILITIES IND PROD & SERV CONSUMER PROD & SERV PLANTATION TELECOMM & MEDIA HEALTH CARE TRANSP & LOGISTICS ENERGY OTHERS % NAV 15.3 13.1 12.4 12.3 11.4 9.7 8.2 5.9 3.9 7.7 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 2.85 7.2 2017 2.95 7.6 2018 1.52 4.1 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 84.7 15.3 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
5. Monthly Review November 2018 2 .1 low Manulife Investment As-Saad 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Income / Islamic Bond 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 60% FUND OBJECTIVE To provide Unit Holders with higher than average returns compared to fixed deposits in medium- to long-term periods by investing in bonds and other fixed income securities which are Shariahcompliant. 50% 40% 30% 20% 10% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark The Fund will continue to purchase good yield Sukuk to reach its investment optimum level. INVESTOR PROFILE The Fund is designed for investors who prefer to invest in sukuk with a lower level of risk. The Fund is suitable for investors who are less concerned on capital appreciation but seek consistent, reasonable and stable income distribution from their investments that comply with Shariah requirements. Investors should ideally have a medium- to long-term investment horizon of between 3 and 5 years. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year 0.18 0.32 2.73 1.89 3.66 3.08 4.30 3.70 12.27 11.19 19.38 19.54 48.16 41.81 2013 2014 2015 2016 1.80 3.89 2.87 3.17 Fund (%) 3.48 3.69 3.69 3.43 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 4.32 3.66 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 1.1016 RM 67.10 mil 60.91 mil 30 Jun 2003 22 Jul 2003 31 Oct MYR Up to 0.75% of NAV p.a. Up to 0.06% of NAV Up to 0.25% of NAV per unit Nil Annually 5-year MGS Bond Index returns No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name BANK ISLAM MALAYSIA BHD 5.08 11/12/2027 IJM CORPORATION BERHAD 4.83 06/10/2022 CELCOM NETWORKS SDN BHD 5.05 08/29/2024 JIMAH ENERGY VENTURES 9.25 05/12/2021 FORTUNE PREMIERE SDN BHD5.05 09/05/2025 % NAV 10.7 9.9 7.8 6.9 6.0 No. Asset/ Sector Name 1 FIXED INCOME 2 CASH INSTRUMENT % NAV 93.9 6.1 HIGHEST & LOWEST NAV 2015 1.1095 1.1024 High Low 2016 1.1696 1.0934 2017 1.1464 1.1003 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 4.00 3.5 2017 4.55 4.1 2018 4.65 4.2 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 93.9 6.1 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
6. Monthly Review November 2018 8 .2 high Manulife Investment Syariah Index Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Index Tracking / Islamic Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 150% FUND OBJECTIVE To track the performance of the FBMSHA. Also aims to generate annual distribution. 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation over the long term of at least 5 years. The Fund is suitable for investors seeking Shariah-compliant investment avenues. The Fund will continue to track the Index performance. The Manager has rebalanced the Fund to closely track the FBM Emas Syariah Index, when the invested level is affected by changes in the index components and inflow and outflow of funds. The Manager aims to maintain tracking accuracy of around 95-97%. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -6.88 -7.15 -9.75 -10.61 -9.48 -11.51 -7.40 -10.02 -0.95 -5.01 -0.61 -7.62 112.47 101.11 2013 2014 2015 2016 12.50 -2.04 3.01 -4.98 Fund (%) 13.29 -4.17 2.35 -6.14 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 11.22 10.72 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.6108 RM 44.15 mil 72.28 mil 04 Jan 2002 26 Jan 2002 30 Jun MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Annually FTSE Bursa Malaysia EMAS Shariah Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name TENAGA NASIONAL BHD PETRONAS CHEMICALS GROUP BHD SIME DARBY PLANTATION BHD DIGI.COM BHD AXIATA GROUP BERHAD % NAV 13.7 6.3 4.4 3.8 3.7 HIGHEST & LOWEST NAV 2015 0.7962 0.6225 High Low 2016 0.7237 0.6460 2017 0.7073 0.6528 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name UTILITIES TELECOMM & MEDIA PLANTATION CONSUMER PROD & SERV IND PROD & SERV HEALTH CARE ENERGY CONSTRUCTION TRANSP & LOGISTICS OTHERS % NAV 18.1 12.6 12.3 12.2 11.8 9.4 6.0 3.6 3.6 10.5 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 4.00 5.8 2017 2.40 3.6 2018 2.35 3.4 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 97.3 2.7 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
7. Monthly Review November 2018 8 .9 high Manulife Investment Value Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 250% FUND OBJECTIVE To target growth through capital appreciation by investing in high quality and high growth companies in Malaysia. 200% 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors with higher risk tolerance and low income requirements. Investors should ideally have a medium- to long-term investment horizon of between 3 and 5 years. The Fund is suitable for investors who seek capital appreciation from their investment. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -7.08 -6.09 -12.31 -9.70 -16.14 -9.06 -13.73 -6.57 -1.01 1.69 3.98 -6.35 159.61 107.64 2013 2014 2015 2016 20.33 -4.84 14.89 -1.70 Fund (%) 12.38 -6.13 -2.26 -2.77 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 13.75 12.87 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.5843 RM 52.41 mil 89.70 mil 28 Jun 1995 28 Jul 1995 31 Jul MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Incidental FTSE Bursa Malaysia EMAS Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 8.7 7.3 6.6 4.4 4.2 Security Name PUBLIC BANK BERHAD CIMB GROUP HOLDINGS BHD MALAYAN BANKING BHD TENAGA NASIONAL BHD GENTING BHD HIGHEST & LOWEST NAV 2015 0.8200 0.6537 High Low 2016 0.7937 0.6891 2017 0.7887 0.6921 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FINANCIAL SERVICES CONSUMER PROD & SERV IND PROD & SERV CASH INSTRUMENT UTILITIES TELECOMM & MEDIA ENERGY PLANTATION TRANSP & LOGISTICS OTHERS % NAV 24.6 13.5 13.2 9.7 7.2 7.0 5.6 5.1 4.0 10.0 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 7.00 9.3 2017 6.60 9.0 2018 2.46 3.6 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 90.3 9.7 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
8. Monthly Review November 2018 5 .6 moderate Manulife Investment Balanced Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth & Income / Balanced 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 140% 120% FUND OBJECTIVE To achieve medium- to long-term capital appreciation and to provide dividend income. 100% 80% 60% 40% 20% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and regular income. The Fund is suitable for conservative investors seeking relatively higher returns than fixed deposits but dislike the higher risks associated with a full equity portfolio. Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. For the fixed income portion, we intend to maintain the current position. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -3.59 -2.75 -5.09 -3.95 -9.22 -2.51 -7.65 -0.73 3.11 6.87 12.97 5.77 103.00 70.70 2013 2014 2015 2016 2.90 1.80 12.23 -1.92 Fund (%) 7.28 -1.54 0.28 0.40 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 11.12 7.86 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.3759 RM 69.77 mil 185.61 mil 02 May 1991 02 Jun 1991 30 Jun MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Semi-annually, if any. 50% FBM100 + 50% Maybank 12-month FD rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name JIMAH ENERGY VENTURES 9.05 11/12/2019 SOUTHERN POWER GENERATIO 5 04/30/2027 GENM CAPITAL BHD 4.9 08/22/2025 BUMITAMA AGRI LTD 5 09/02/2019 PUBLIC BANK BERHAD % NAV 5.8 5.6 5.4 5.1 3.1 HIGHEST & LOWEST NAV 2015 0.4574 0.4038 High Low 2016 0.4602 0.4249 2017 0.4682 0.4239 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FIXED INCOME CASH INSTRUMENT FINANCIAL SERVICES IND PROD & SERV CONSUMER PROD & SERV PLANTATION ENERGY HEALTH CARE TELECOMM & MEDIA OTHERS % NAV 44.1 9.1 8.9 8.6 8.5 4.8 4.3 3.5 2.8 5.4 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) ** Interim distribution (semi-annual) 2016 2.00 4.5 2017 3.10 7.0 2018** 2.75 6.6 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 90.9 9.1 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
9. Monthly Review November 2018 8 .0 moderate Manulife Investment Equity Index Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Index Tracking / Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 150% FUND OBJECTIVE To track the performance of the FBM KLCI at less than average market risk through its overall investment strategy of investing predominantly in index-linked stocks. 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who are seeking capital appreciation over the long term of at least 5 years. The Fund is suitable for investors who wants to track the FBM KLCI performance, have low income requirements and ideally should have a long-term investment horizon of at least 5 years. The Fund will continue to track the Index performance. The Manager has rebalanced the Fund to closely track the FBMKLCI Index, when the invested level is affected by changes in the index components and inflow and outflow of funds. The Manager aims to maintain tracking accuracy of around 95-97%. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -4.60 -4.68 -7.50 -8.61 -3.80 -4.87 -0.96 -2.21 5.63 2.62 0.65 -5.40 122.13 97.92 2013 2014 2015 2016 11.95 -4.13 -2.54 -1.93 Fund (%) 10.54 -5.66 -3.90 -3.00 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 10.25 9.45 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.5056 RM 20.08 mil 39.72 mil 26 May 1997 26 Jun 1997 30 Jun MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Incidental FTSE Bursa Malaysia KLCI No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name PUBLIC BANK BERHAD TENAGA NASIONAL BHD MALAYAN BANKING BHD CIMB GROUP HOLDINGS BHD PETRONAS CHEMICALS GROUP BHD % NAV 13.9 10.7 10.3 7.1 4.9 HIGHEST & LOWEST NAV 2015 0.6666 0.5122 High Low 2016 0.5795 0.5077 2017 0.5637 0.5134 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FINANCIAL SERVICES UTILITIES CONSUMER PROD & SERV TELECOMM & MEDIA PLANTATION IND PROD & SERV HEALTH CARE CASH INSTRUMENT TRANSP & LOGISTICS OTHERS % NAV 35.6 13.3 11.9 9.2 8.1 7.6 4.2 3.5 2.9 3.5 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 4.00 7.2 2017 2.10 4.0 2018 2.00 3.7 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 96.5 3.5 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
10. Monthly Review November 2018 8 .6 high Manulife Investment Regular Savings Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 250% FUND OBJECTIVE To provide long-term goal of capital appreciation by maintaining a minimum exposure of 80% in equities and equity-related instruments at all times. 200% 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who are willing to accept moderate to high level of risk. It is suitable for investors seeking capital appreciation. Investors should ideally have a medium- to longterm investment horizon of between 3 and 5 years. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -7.19 -5.78 -11.31 -9.55 -16.38 -7.85 -14.24 -4.98 0.14 3.27 10.82 -5.44 172.97 105.28 2013 2014 2015 2016 9.65 -2.18 18.43 -1.19 Fund (%) 11.39 -6.17 -2.89 -2.45 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 15.46 12.74 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2441 RM 44.48 mil 182.26 mil 08 Sep 2004 29 Sep 2004 30 Jun MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Incidental FTSE Bursa Malaysia Top 100 Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 7.7 7.0 6.1 4.2 3.9 Security Name PUBLIC BANK BERHAD CIMB GROUP HOLDINGS BHD MALAYAN BANKING BHD TENAGA NASIONAL BHD GENTING BHD HIGHEST & LOWEST NAV 2015 0.3358 0.2735 High Low 2016 0.3336 0.2956 2017 0.3403 0.2973 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FINANCIAL SERVICES CASH INSTRUMENT CONSUMER PROD & SERV IND PROD & SERV UTILITIES TELECOMM & MEDIA ENERGY CONSTRUCTION TRANSP & LOGISTICS OTHERS % NAV 22.8 16.3 14.8 11.3 6.2 5.9 4.8 4.0 3.6 10.3 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 2.40 7.6 2017 3.00 9.6 2018 1.83 6.1 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 83.7 16.3 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
11. Monthly Review November 2018 0 .1 very low Manulife Investment Money Market Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Income / Money Market 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 35% 30% FUND OBJECTIVE To provide Unit Holders with liquidity and current income while maintaining capital stability. 25% 20% 15% 10% 5% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark The Fund will continue to make placements in deposits to obtain income return and to provide liquidity. INVESTOR PROFILE The Fund is designed for investors who are conservative in nature and are temperament towards risk-reward trade-off. These investors should have a short-term investment horizon of less than 1 to 3 years and wish to temporarily liquidate or reduce exposure in equities. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year 0.25 0.26 1.53 1.58 2.52 2.60 3.02 3.10 9.79 9.43 16.49 16.31 32.18 32.90 2013 2014 2015 2016 2.76 2.85 3.28 3.31 Fund (%) 3.00 3.07 3.15 3.07 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 3.05 2.95 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 1.0052 RM 223.77 mil 222.60 mil 08 Sep 2004 09 Sep 2004 31 Oct MYR Up to 0.5% of NAV p.a. Up to 0.06% of NAV N/A Nil As the fund is an income fund, the Manager will distribute income at least once a year (if any). Maybank 1-month FD Rate ASSET/ SECTOR ALLOCATION % NAV No. Security Name NIL No. Asset/ Sector Name 1 CASH INSTRUMENT % NAV 100.0 HIGHEST & LOWEST NAV 2015 1.0346 1.0027 High Low 2016 1.0369 1.0049 2017 1.0354 1.0055 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 3.20 3.1 2017 3.00 2.9 2018 3.10 3.0 No. Country Name 1 CASH INSTRUMENT % NAV 100.0 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
12. Monthly Review November 2018 8 .5 high Manulife Investment-ML Flexi Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Mixed Assets 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 200% FUND OBJECTIVE To provide Unit Holders with long-term capital appreciation. 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and are willing to accept medium to high level of risk. The Fund is also suitable for investors who do not seek a regular income stream and ideally have a medium- to long-term investment horizon of between 3 and 5 years. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -7.67 -2.75 -11.33 -3.95 -18.54 -2.51 -17.16 -0.73 -0.61 6.87 15.64 5.77 103.27 70.84 2013 2014 2015 2016 12.92 3.16 16.96 -1.69 Fund (%) 7.28 -1.54 0.28 0.40 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 18.17 7.86 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.1636 RM 82.45 mil 503.99 mil 06 Sep 2005 27 Sep 2005 31 Mar MYR Up to 1.5% of NAV p.a. Up to 0.07% of NAV Up to 6.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Top 100 Index + 50% Maybank 12month FD rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 3.2 3.1 3.0 3.0 2.5 Security Name HENGYUAN REFINING CO BHD PESTECH INTERNATIONAL BHD GENTING MALAYSIA BHD GENTING BHD VELESTO ENERGY BHD HIGHEST & LOWEST NAV 2015 0.2130 0.1817 High Low 2016 0.2144 0.1917 2017 0.2172 0.1950 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT IND PROD & SERV FOREIGN CONSUMER PROD & SERV ENERGY FINANCIAL SERVICES PLANTATION HEALTH CARE CONSTRUCTION OTHERS % NAV 21.4 17.4 13.6 11.8 9.6 5.5 5.4 4.2 3.6 7.5 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 1.45 7.2 2017 1.40 7.0 2018 1.37 6.5 No. 1 2 3 4 5 Country Name MALAYSIA CASH INSTRUMENT KOREA-SOUTH HONG KONG OTHERS % NAV 65.0 21.4 4.5 3.4 5.7 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
13. Monthly Review November 2018 6 .3 moderate Manulife Investment Al-Fauzan 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Income / Islamic Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 200% FUND OBJECTIVE To provide Unit Holders with a steady recurring income that is potentially higher than prevailing GIA rates. At the same time, the Fund also attempts to attain medium- to long-term capital appreciation. 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who prefer a regular income stream, stable investment returns and potential for medium- to long- term capital appreciation of between 3 and 5 years. It is suitable for conservative investors who seek relatively higher return than GIA rates but are averse to higher risks associated with high equity exposures and investments which comply with Shariah requirements. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -6.72 -6.41 -10.58 -9.39 -14.38 -10.11 -12.45 -8.70 -2.88 -3.49 7.61 -5.19 135.17 81.88 2013 2014 2015 2016 14.68 4.13 9.82 -2.21 Fund (%) 12.28 -3.43 2.51 -5.22 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 11.79 9.95 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2802 RM 428.64 mil 1529.53 mil 06 Sep 2005 27 Sep 2005 30 Sep MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Semi-annually, if any. 90% FBMSHA + 10% CIMB Bank 12-month Fixed Return Income Account-i (FRIA-i) Fixed Maturity rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name PETRONAS CHEMICALS GROUP BHD TENAGA NASIONAL BHD SIME DARBY PLANTATION BHD PETRONAS GAS BHD PPB GROUP BERHAD % NAV 5.6 4.8 3.7 3.4 3.4 HIGHEST & LOWEST NAV 2015 0.3860 0.3400 High Low 2016 0.3688 0.3318 2017 0.3624 0.3340 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT IND PROD & SERV PLANTATION CONSUMER PROD & SERV UTILITIES FOREIGN HEALTH CARE ENERGY TELECOMM & MEDIA OTHERS % NAV 17.7 13.9 10.4 10.2 8.4 7.1 7.1 6.7 6.3 12.2 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) ** Interim distribution (semi-annual) 2016 2.55 7.1 2017 2.30 6.6 2018** 2.10 6.5 No. 1 2 3 4 5 Country Name MALAYSIA CASH INSTRUMENT TAIWAN KOREA-SOUTH OTHERS % NAV 75.2 17.7 2.5 1.7 3.0 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
14. Monthly Review November 2018 7 .2 moderate Manulife Investment Dividend Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Income / Equity 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 250% FUND OBJECTIVE To provide steady recurring income that is potentially higher than prevailing fixed deposit rates. At the same time, the Fund also attempts to attain medium- to long-term capital appreciation. 200% 150% 100% 50% 0% ‐50% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who prefer a regular income stream, stable investment returns and potential for medium- to long-term capital appreciation between 3 and 5 years. It is suitable for conservative investors who seek relatively higher returns than fixed deposit but are averse to higher risks associated with high equity exposure. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -6.25 -5.17 -10.37 -8.44 -12.32 -6.78 -10.50 -4.11 2.23 4.03 10.54 -3.22 166.45 101.20 2013 2014 2015 2016 12.85 3.43 5.16 1.88 Fund (%) 10.57 -5.26 -2.25 -1.88 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 13.09 11.75 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2923 RM 201.84 mil 690.62 mil 28 Mar 2006 18 Apr 2006 30 Apr MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 6.5% of NAV per unit Nil Semi-annually, if any. 90% FBM100 + 10% Maybank 12-month FD rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 7.8 7.1 7.0 5.1 3.6 Security Name PUBLIC BANK BERHAD CIMB GROUP HOLDINGS BHD MALAYAN BANKING BHD TENAGA NASIONAL BHD PETRONAS GAS BHD HIGHEST & LOWEST NAV 2015 0.4111 0.3380 High Low 2016 0.3825 0.3424 2017 0.3810 0.3384 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FINANCIAL SERVICES CASH INSTRUMENT UTILITIES CONSUMER PROD & SERV FOREIGN IND PROD & SERV TELECOMM & MEDIA TRANSP & LOGISTICS PLANTATION OTHERS % NAV 22.5 14.1 11.0 9.9 9.4 9.0 5.5 4.6 4.2 9.7 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) ** Interim distribution (semi-annual) 2016 2.65 7.2 2017 2.70 7.6 2018** 2.51 7.2 No. 1 2 3 4 5 Country Name MALAYSIA CASH INSTRUMENT INDONESIA TAIWAN OTHERS % NAV 76.4 14.1 2.7 2.6 4.1 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
15. Monthly Review November 2018 5 .5 low Manulife Investment Al-Umran 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth & Income/ Balanced (Islamic) 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 140% FUND OBJECTIVE To produce medium- to long-term appreciation and current income. 120% capital 100% 80% 60% 40% 20% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who seek a regular income from investments which comply with Shariah requirements. The Fund is suitable for conservative investors seeking relatively higher returns than GIA rates but dislike the higher risks associated with a full Shariah-compliant equity portfolio. Investors should have a medium- to longterm investment horizon of between 3 and 5 years. Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. For the Sukuk portion, we intend to maintain the current position. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -4.08 -3.44 -4.31 -4.48 -9.07 -4.44 -7.96 -3.38 4.77 2.54 12.71 4.67 98.61 73.74 2013 2014 2015 2016 5.56 0.55 9.78 -1.00 Fund (%) 8.22 -0.47 3.00 -1.49 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 13.13 6.89 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2328 RM 26.06 mil 111.92 mil 28 Mar 2006 18 Apr 2006 31 May MYR Up to 1.5% of NAV p.a. Up to 0.07% of NAV Up to 6.5% of NAV per unit Nil Semi-annually, if any. 50% FBMSHA + 50% CIMB Bank 12-month Fixed Return Income Account-i (FRIA-i) Fixed Maturity rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name DANAINFRA NASIONAL 4.38% 2/8/2033 BUMITAMA AGRI LTD 5 09/02/2019 TENAGA NASIONAL BHD JIMAH ENERGY VENTURES 9.05 11/12/2019 PETRONAS CHEMICALS GROUP BHD % NAV 7.5 5.8 5.5 5.4 4.1 HIGHEST & LOWEST NAV 2015 0.2983 0.2566 High Low 2016 0.2865 0.2644 2017 0.2908 0.2610 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FIXED INCOME IND PROD & SERV CASH INSTRUMENT UTILITIES PLANTATION ENERGY HEALTH CARE TELECOMM & MEDIA CONSUMER PROD & SERV OTHERS % NAV 44.1 13.8 9.8 7.6 5.6 5.5 3.6 2.7 2.5 4.8 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) ** Interim distribution (semi-annual) 2016 1.80 6.5 2017 2.24 8.2 2018** 1.99 7.7 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 90.2 9.8 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
16. Monthly Review November 2018 7 .3 moderate Manulife Investment-CM Flexi Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Mixed Assets 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 250% FUND OBJECTIVE To provide Unit Holders with long-term capital appreciation. 200% 150% 100% 50% 0% ‐50% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and are willing to accept medium to high level of risk. The Fund is also suitable for investors who do not seek regular income stream and ideally have a medium- to long-term investment horizon of between 3 and 5 years. We have a cautious stance on the domestic market for the rest of 2018 and 1Q2019. We reiterate our capital preservation investment strategy with preference for big cap Government-Linked Companies (“GLCs”) and companies with strong fundamentals and solid cash flow and dividends in sectors such as Banks, Utilities & Renewable Energy, and Industrials. We are also positive on exporters as US-China trade conflicts may benefit technology-related and Electronics Manufacturing Services (“EMS”) players in Malaysia. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -5.73 -2.75 -2.31 -3.95 -2.59 -2.51 0.97 -0.73 19.59 6.86 14.96 5.78 194.04 68.87 2013 2014 2015 2016 24.59 -0.19 -5.61 -3.95 Fund (%) 7.25 -1.54 0.31 0.40 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 24.55 7.86 Fund (%) Benchmark (%) FUND MANAGER CIMB-Principal Asset Management Bhd TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2287 RM 32.43 mil 141.78 mil 23 Jan 2007 13 Feb 2007 31 Mar MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Top 100 + 50% CIMB 12-month FD rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 8.6 6.5 5.9 5.8 4.4 Security Name Public Bank Bhd - Local Tenaga Nasional Bhd Malayan Banking Bhd Petronas Chemicals Group Bhd Genting Malaysia Bhd HIGHEST & LOWEST NAV 2015 0.2740 0.2139 High Low 2016 0.2377 0.2125 2017 0.2519 0.2159 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name TRADING/SERVICES FINANCE INDUSTRIAL PRODUCTS CASH INSTRUMENT TECHNOLOGY PLANTATIONS CONSUMER PRODUCTS CONSTRUCTION MESDAQ OTHERS % NAV 30.7 22.1 16.3 14.9 6.8 3.1 2.7 1.6 1.0 0.7 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 1.40 6.0 2017 1.45 6.6 2018 1.70 7.1 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 85.1 14.9 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
17. Monthly Review November 2018 0 .1 very low Manulife Investment Al-Ma'mun 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Income / Islamic Money Market 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 35% 30% FUND OBJECTIVE To provide Unit Holders with liquidity and current income while maintaining capital stability. 25% 20% 15% 10% 5% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark The Fund will continue to invest good return short term paper to enhance fund return while maintaining adequate level of liquidity. INVESTOR PROFILE The Fund is designed for investors who are conservative in nature and have a low tolerance for risk. These investors should have a short-term investment horizon and wish to temporarily liquidate or reduce exposure in equities. It is suitable for investors who seek Shariah-compliant investment avenues. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year 0.26 0.27 1.62 1.60 2.58 2.64 3.06 3.14 10.04 9.50 16.87 16.41 32.71 33.01 2013 2014 2015 2016 2.76 2.94 3.34 3.30 Fund (%) 3.00 3.09 3.15 3.10 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 3.24 2.95 Fund (%) Benchmark (%) FUND MANAGER Manulife Asset Management Services Berhad (834424-U) TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 1.0304 RM 144.49 mil 140.22 mil 23 Jan 2007 24 Jan 2007 30 Nov MYR Up to 0.5% of NAV p.a. Up to 0.08% of NAV N/A Nil As the fund is an income fund, the Manager will distribute income at least once a year (if any). CIMB Bank 1-month Fixed Return Income Account-i (FRIA-i) Fixed Maturity rate ASSET/ SECTOR ALLOCATION % NAV No. Security Name 1 ANIH BHD 4.8 11/29/2018 7.1 2 BUMITAMA AGRI LTD 5.25 03/18/2019 7.0 3 IJM CORPORATION BERHAD 4.6 04/10/2019 6.9 4 CELCOM NETWORKS SDN BHD 3.75 08/29/20 6.9 5 UEM SUNRISE BHD 4.6 12/13/2018 3.5 No. Asset/ Sector Name 1 CASH INSTRUMENT 2 FIXED INCOME % NAV 55.1 44.9 HIGHEST & LOWEST NAV 2015 1.0423 1.0063 High Low 2016 1.0397 1.0050 2017 1.0380 1.0021 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2015 3.60 3.5 2016 3.50 3.4 2017 3.60 3.5 No. Country Name 1 CASH INSTRUMENT 2 MALAYSIA % NAV 55.1 44.9 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
18. Monthly Review November 2018 6 .5 moderate Manulife Investment-HW Flexi Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Mixed Asset 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 250% FUND OBJECTIVE To provide Unit Holders with long-term capital appreciation. 200% 150% 100% 50% 0% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark The fund is well diversified across sectors. We are cautious on the market as we expect growth to slowdown amidst US-China trade war and tight budget in 2019. This is reflected in our high cash holdings. INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and are willing to accept medium to high level of risk. The Fund is also suitable for investors who do not seek a regular income stream and ideally have a medium- to long-term investment horizon of between 3 and 5 years. The strategy is to maintain cash between 25-30%, we continue to invest into stocks with strong fundamentals, driven by good management with earnings growth. We are mindful that valuations have generally come off to mean but sentiment remains weak and will only invest in stocks that can sustain earnings growth as switch out of overvalued stocks. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -3.70 -2.75 -5.21 -3.95 -4.02 -2.51 -1.10 -0.73 11.33 6.87 15.25 5.77 215.02 70.84 2013 2014 2015 2016 20.56 -0.91 0.35 -7.40 Fund (%) 7.28 -1.54 0.28 0.40 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 23.76 7.86 Fund (%) Benchmark (%) FUND MANAGER Affin Hwang Asset Management Berhad TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.3120 RM 283.71 mil 909.24 mil 26 Jul 2007 16 Aug 2007 31 Aug MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Top 100 + 50% Maybank 12-month FD rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 6.7 5.4 4.9 4.9 4.1 Security Name Tenaga Nasional Bhd CIMB Group Holdings Bhd Public Bank Berhad Malayan Banking Berhad Petronas Dagangan Berhad HIGHEST & LOWEST NAV 2015 0.3770 0.3062 High Low 2016 0.3322 0.2981 2017 0.3571 0.3021 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name FINANCE CASH INSTRUMENT CONSUMER PRODUCTS INDUSTRIAL PRODUCTS UTILITIES PROPERTIES REITS PLANTATIONS HEALTH CARE OTHERS % NAV 26.5 24.9 10.4 8.8 7.6 6.0 5.1 3.5 2.0 5.3 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 2.35 7.3 2017 3.00 9.2 2018 1.70 5.0 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 75.1 24.9 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
19. Monthly Review November 2018 6 .4 moderate Manulife Investment-CM Shariah Flexi Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Mixed Asset (Islamic) 10-YEAR PERFORMANCE AS AT 31 OCTOBER 2018 * 200% FUND OBJECTIVE To provide Unit Holders with long-term capital appreciation. 150% 100% 50% 0% ‐50% Oct‐08 May‐09 Dec‐09 Jul‐10 Feb‐11 Sep‐11 Apr‐12 Nov‐12 Jun‐13 Jan‐14 Aug‐14 Mar‐15 Oct‐15 May‐16 Dec‐16 Jul‐17 Feb‐18 Sep‐18 Fund Benchmark INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and are willing to accept medium to high level of risk. The Fund is suitable for investors who seek investments which conform to the requirements of the Shariah, who do not seek a regular income stream and ideally have a medium- to long-term investment horizon of between 3 and 5 years. We have a cautious stance on the domestic market for the rest of 2018 and 1Q2019. We reiterate our capital preservation investment strategy with preference for big cap Government-Linked Companies (“GLCs”) and companies with strong fundamentals and solid cash flow and dividends in sectors such as Utilities & Renewable Energy, and Industrials. We are also positive on exporters as US-China trade conflicts may benefit technology-related and Electronics Manufacturing Services (“EMS”) players in Malaysia. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year 10-Year -4.85 -3.44 -2.41 -4.48 -5.00 -4.44 -2.92 -3.38 4.58 2.54 5.01 4.67 141.29 67.59 2013 2014 2015 2016 28.39 -4.60 3.05 -7.61 Fund (%) 8.22 -0.47 3.00 -1.49 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 15.72 6.89 Fund (%) Benchmark (%) FUND MANAGER CIMB-Principal Asset Management Bhd TRUSTEE Maybank Trustees Berhad (5004-P) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2434 RM 135.05 mil 554.79 mil 06 Nov 2007 27 Nov 2007 30 Nov MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Emas Shariah Index + 50% CIMB Bank 12-month Fixed Return Income Account-i (FRIA-i) rate No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 7.9 7.0 4.4 3.6 3.3 Security Name Tenaga Nasional Bhd Petronas Chemicals Group Bhd Axiata Group Bhd Dialog Group Bhd V.S. Industry HIGHEST & LOWEST NAV 2015 0.2604 0.2253 High Low 2016 0.2473 0.2277 2017 0.2605 0.2298 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT TRADING/SERVICES INDUSTRIAL PRODUCTS TECHNOLOGY PLANTATIONS CONSUMER PRODUCTS FINANCE CONSTRUCTION MESDAQ OTHERS % NAV 34.4 27.0 18.1 6.5 4.8 2.7 2.1 2.0 1.3 1.1 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2015 0.80 3.2 2016 0.80 3.3 2017 0.90 3.7 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 65.6 34.4 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
20. Monthly Review November 2018 8 .9 very high Manulife Investment Shariah Progress Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Islamic Equity SINCE INCEPTION PERFORMANCE AS AT 31 OCTOBER 2018 * 150% FUND OBJECTIVE The Fund seeks to provide Unit Holders with steady long-term capital growth at a reasonable level of risk by investing in a diversified portfolio of small- to medium-capitalised Shariah-compliant equities and equity-related instruments. 100% 50% 0% ‐50% Apr‐11 Oct‐11 Apr‐12 Oct‐12 Apr‐13 Oct‐13 Apr‐14 Oct‐14 Fund Apr‐15 Oct‐15 Apr‐16 Benchmark Oct‐16 Apr‐17 Oct‐17 Apr‐18 Oct‐18 The Syariah small cap Index declined -11.70%, during the month of October. The decline was broadbased on the heightened intensity of Trade Dispute and higher foreign outflows INVESTOR PROFILE The Fund is designed for investors who are willing to accept a higher level of risk and seek to maximise long-term capital appreciation from their investments. These investors should also have a low income stream requirement and a medium- to long-term investment horizon of between 3 and 5 years. The strategy is to maintain cash between 25-30%, we continue to invest into stocks with strong fundamentals, driven by good management with earnings growth. We are mindful that valuations have generally come off to mean but sentiment remains weak and will only invest in stocks that can sustain earnings growth as switch out of overvalued stocks. TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year Since Inception -5.81 -10.36 -7.31 -12.69 -15.13 -20.79 -13.91 -20.11 7.74 -7.18 20.08 1.33 101.50 27.86 2013 2014 2015 2016 47.22 1.70 5.70 -1.21 Fund (%) 36.67 6.45 3.33 -4.24 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 25.47 19.65 Fund (%) Benchmark (%) FUND MANAGER Affin Hwang Asset Management Berhad TRUSTEE RHB Trustees Berhad (573019-U) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.3322 RM 448.23 mil 1349.42 mil 20 Apr 2011 11 May 2011 30 Apr MYR Up to 1.5% of NAV p.a. Up to 0.08% of NAV Up to 6.5% of NAV per unit Nil Incidental 50% of the FTSE Bursa Malaysia Small Cap Index + 50% of the FTSE Bursa Malaysia Mid 70 Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 4.2 4.1 3.8 3.5 3.4 Security Name Dialog Group Bhd Axis Real Estate Investment Trust Sunway Bhd Scientex Bhd GHL Systems Berhad HIGHEST & LOWEST NAV 2015 0.4475 0.3493 High Low 2016 0.3969 0.3536 2017 0.4168 0.3586 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT INDUSTRIAL PRODUCTS TECHNOLOGY PROPERTIES ENERGY CONSUMER PRODUCTS CONSTRUCTION HEALTH CARE REITS OTHERS % NAV 30.6 15.2 14.4 8.2 7.0 6.5 4.9 4.5 4.1 4.6 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 2.80 7.2 2017 2.85 7.7 2018 2.30 5.8 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 69.4 30.6 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
21. Monthly Review November 2018 9 .4 high Manulife Investment-HW Shariah Flexi Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Mixed Asset (Islamic) SINCE INCEPTION PERFORMANCE AS AT 31 OCTOBER 2018 * 80% FUND OBJECTIVE The Fund seeks to provide Unit Holders with long term* capital appreciation. *Long-term in this context refers to a period of at least 5 years 60% 40% 20% 0% ‐20% Oct‐12 INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and are willing to accept medium to high level of risk. The Fund is suitable for investors who seek investments which conform to the requirements of the Shariah, who do not seek regular income stream and ideally have a long-term investment horizon of at least 5 years. Mar‐13 Aug‐13 Jan‐14 Jun‐14 Nov‐14 Feb‐16 Jul‐16 Benchmark MYR Up to 1.5% of NAV p.a. Up to 0.07% of NAV Up to 5.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Emas Shariah Index + 50% CIMB Bank 12-month Fixed Return Income Account-i (FRIA-i) rate May‐17 Oct‐17 Mar‐18 Aug‐18 TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * 1-Month 6-Month YTD 1-Year 3-Year 5-Year Since Inception -4.70 -3.43 -6.44 -4.42 -13.93 -4.35 -11.65 -3.28 9.00 3.22 15.77 5.47 44.11 13.08 2013 2014 2015 2016 29.10 -3.16 5.57 -2.47 Fund (%) 8.24 -0.43 3.13 -1.12 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 26.66 7.02 CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2716 RM 165.35 mil 608.85 mil 18 Oct 2012 08 Nov 2012 31 Jan Dec‐16 The strategy currently is to maintain cash level 25-30%. We will continue to focus on companies with strong fundamentals and focused management during a market selldown, as well as switch out of overvalued stocks. FUND MANAGER Affin Hwang Asset Management Berhad FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark Sep‐15 The fund remained positioned in various sectors and themes from Tech, Consumer, Manufacturers and Oil & Gas. Overall the broader market was negative in October, following the broadbased selldown of fund outflows from Emerging markets and heightened trade war. Fund (%) Benchmark (%) TRUSTEE RHB Trustees Berhad (573019-U) Apr‐15 Fund No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 7.1 5.0 4.1 3.9 3.7 Security Name Tenaga Nasional Bhd Petronas Chemicals Group Bhd Petronas Dagangan Bhd Axis Real Estate Investment Trust Sunway Berhad HIGHEST & LOWEST NAV 2015 0.3078 0.2629 High Low 2016 0.2955 0.2617 2017 0.3383 0.2676 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT INDUSTRIAL PRODUCTS TECHNOLOGY CONSUMER PRODUCTS UTILITIES PROPERTIES REITS ENERGY HEALTH CARE OTHERS % NAV 31.3 15.7 10.3 9.0 7.1 6.7 6.5 4.5 4.3 4.7 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 1.90 6.6 2017 - 2018 2.28 7.3 No. Country Name 1 MALAYSIA 2 CASH INSTRUMENT % NAV 68.7 31.3 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
22. Monthly Review November 2018 7 .2 moderate Manulife Investment-ML Shariah Flexi Fund 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Growth / Mixed Asset (Islamic) SINCE INCEPTION PERFORMANCE AS AT 31 OCTOBER 2018 * 25% FUND OBJECTIVE The Fund seeks to provide Unit Holders with long term* capital appreciation. * long-term in this context refers to a period of at least 5 years. 20% 15% 10% 5% 0% ‐5% Jul‐15 INVESTOR PROFILE The Fund is designed for investors who seek capital appreciation and are willing to accept medium to high level of risk. The Fund is suitable for investors who seek investments which conform to the requirements of the Shariah, who do not seek regular income stream and ideally have a long-term investment horizon of at least 5 years. Oct‐15 Jan‐16 Apr‐16 Jul‐16 Jul‐17 Benchmark MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 5.5% of NAV per unit Nil Incidental 50% FTSE Bursa Malaysia Emas Shariah Index and 50% CIMB Bank 12-month Fixed Return Income Account-i (FRIA-i) Fixed Maturity rate Jan‐18 Apr‐18 Jul‐18 Oct‐18 1-Month 6-Month YTD 1-Year 3-Year 5-Year Since Inception -8.22 -3.44 -12.94 -4.48 -18.42 -4.44 -16.17 -3.38 -2.53 2.54 N/A N/A -0.11 3.39 2013 2014 2015 2016 N/A 6.72 N/A -1.84 Fund (%) N/A N/A 2.75 -1.49 Benchmark (%) *Source: Lipper; Past performance is not necessarily indicative of future performance. The performance is calculated on NAV-to-NAV basis. 2017 16.88 6.89 CALENDAR YEAR RETURNS * TOP 5 HOLDINGS RM 0.2377 RM 16.31 mil 68.64 mil 30 Jun 2015 20 Jul 2015 31 May Oct‐17 TOTAL RETURN OVER THE FOLLOWING PERIODS ENDED 31 OCTOBER 2018 * FUND MANAGER Manulife Asset Management Services Berhad (834424-U) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark Apr‐17 Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. Fund (%) Benchmark (%) TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) Oct‐16 Jan‐17 Fund No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION Security Name PETRONAS CHEMICALS GROUP BHD TENAGA NASIONAL BHD PETRONAS GAS BHD SIME DARBY PLANTATION BHD NESTLE (MALAYSIA) BERHAD % NAV 6.7 5.2 4.3 3.5 3.5 HIGHEST & LOWEST NAV 2015 0.2668 0.2411 High Low 2016 0.2686 0.2519 2017 0.2991 0.2622 No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT IND PROD & SERV UTILITIES CONSUMER PROD & SERV HEALTH CARE TELECOMM & MEDIA PLANTATION TRANSP & LOGISTICS CONSTRUCTION OTHERS % NAV 21.5 20.7 9.5 9.2 9.2 6.8 5.1 4.7 4.1 9.1 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2016 - 2017 0.66 2.5 2018 0.70 2.4 No. 1 2 3 Country Name MALAYSIA CASH INSTRUMENT TAIWAN % NAV 75.0 21.5 3.5 Based on the Fund's portfolio returns as at 28 Sep 2018 the Volatility Factor (VF) for the Funds are as indicated in the table above and are classified as in the table (source: Lipper). "Very High" includes Funds with 11.135, "High" includes Funds with VF that are above 8.710 but not more than 11.135, "Moderate" includes Funds with VF that are above 6.615 but not more than 8.710, "Low" includes Funds with VF that are above 1.885 but not more than 6.615 and "Very Low" includes Funds with VF that are above 0.000 but not more than 1.885 (source:FiMM). The VF means there is a possibility for the Funds 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 Funds 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 Master Prospectus dated 30 Jun 2017, obtainable at our offices, before investing. The Master Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Master Prospectus. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Master Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.
23. Monthly Review November 2018 Manulife Investment Shariah Progress Plus Fund 0 15 Oct 18 FUND REVIEW & STRATEGY FUND TYPE / CATEGORY Islamic Equity FUND OBJECTIVE To provide capital appreciation by investing primarily in a portfolio of Shariah-compliant equities of small to medium seized companies. INVESTOR PROFILE The Fund is suitable for investors who seek capital appreciation over the Long-Term, have a high risk appetite and prefer Shariah-compliant investments. Not available as the Fund is less than one year Our strategy will be to stay defensive in stocks that offer decent yields and focus on undervalued companies with high earnings visibility by taking a more opportunistic approach. We will also continue to capitalize on opportunities during periods of volatility, which can result in some value emerging. Nonetheless, we are cognizant of the elevated level of risk in the short-to-medium term and the resulting volatility in currencies and fund flows. TOTAL RETURN OVER THE FOLLOWING PERIODS Not available as the Fund is less than one year FUND MANAGER Manulife Asset Management Services Berhad (834424-U) CALENDAR YEAR RETURNS Not available as the Fund is less than one year TRUSTEE HSBC (Malaysia) Trustee Bhd (1281-T) FUND DETAILS (As At 31 October 2018) NAV/Unit Fund Size Units In Circulation Fund Launch Date Fund Inception Date Financial Year Currency Management Fee Trustee Fee Sales Charge Redemption Charge Distribution Frequency Benchmark TOP 5 HOLDINGS RM 0.2311 RM 21.16 mil 91.58 mil 13 Apr 2018 04 May 2018 31 Dec MYR Up to 1.5% of NAV p.a. Up to 0.06% of NAV Up to 5.5% of NAV per unit Nil Incidental FTSE Bursa Malaysia MidS Cap Shariah Index No. 1 2 3 4 5 ASSET/ SECTOR ALLOCATION % NAV 3.6 3.2 3.1 2.6 2.6 Security Name PESTECH INTERNATIONAL BHD VELESTO ENERGY BHD UNISEM (M) BERHAD SERBA DINAMIK HOLDINGS BHD GENTING PLANTATIONS BHD HIGHEST & LOWEST NAV 2015 - High Low 2016 - 2017 - No. 1 2 3 4 5 6 7 8 9 10 Asset/ Sector Name CASH INSTRUMENT IND PROD & SERV ENERGY TECHNOLOGY CONSTRUCTION HEALTH CARE PLANTATION CONSUMER PROD & SERV PROPERTY OTHERS % NAV 28.8 15.5 15.1 8.8 8.1 5.5 5.2 4.5 3.4 5.0 COUNTRY/ TERRITORY ALLOCATION DISTRIBUTION BY FINANCIAL YEAR Distribution (Sen) Distribution Yield (%) 2015 - 2016 - 2017 - No. 1 2 3 4 5 Country Name MALAYSIA CASH INSTRUMENT SINGAPORE HONG KONG OTHERS % NAV 68.2 28.8 0.6 0.6 1.7 Investors are advised to read and understand the contents of the Prospectus dated 13 April 2018, obtainable at our offices, before investing. The Prospectus has been registered with the Securities Commission Malaysia who takes no responsibility for its contents. Investors should consider the fees and charges involved. The price of units and income distribution may go down as well as up. Past performances of the Funds are not an indication of the Funds' future performances. 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 the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. Units will only be issued on receipt of the completed application form referred to and accompanying the Offering Documents. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Prospectus. All charges and fees (e.g. sales charge, switching fee, transfer fee and any other relevant fee), whichever applicable, will be subject to Goods and Services Tax (GST) and/or any other taxes that may be introduced by the Government of Malaysia from time to time, at the prevailing rate. The Manager reserves the right to collect from you an amount equivalent to the taxes payable for all charges and fees, whichever applicable. The GST amount would be collected from the effective date of the GST. Your obligation to pay GST and other applicable taxes shall form part of the Terms and Conditions.