Opus Shariah Cash Extra Fund Report - July 2020

Transcription

1. 31 July 2020 OPUS SHARIAH CASH EXTRA FUND (OPUS SHARIAH CEF) FUND OBJECTIVE To achieve higher returns than 1-Month Islamic Fixed Deposit Rate over the short to medium term and to provide liquidity while preserving capital by investing in high quality Shariah-compliant fixed income securities in Malaysia. Note: The average duration of the fund shall not be more than two years. The Manager regards 1 - 3 years as short to medium term. FUND INFORMATION Inception Date 05 Feb 2010 Trustee Financial Year End Deutsche Trustees Malaysia Berhad 31 December Fund Type / Category Income / Islamic Short Term Fixed Income Securities Fund Currency Ringgit Malaysia NAV per Unit RM1.0341 Fund Size RM286,532,650 Benchmark Maybank 1-Month Islamic Fixed Deposit Rate Annual Management Fee Up to 0.50% per annum of the NAV of the Fund Annual Trustee Fee Up to 0.05% per annum of the NAV of the Fund, subject to a minimum of RM7,500 p.a. Annual Fund Accounting Fee Up to 0.03% per annum of the NAV of the Fund, subject to a minimum of RM4,500 p.a. Sales Charge Minimum Initial Investment Nil RM100,000 Redemption Price Date T day (before 4pm every business day) Redemption Payment Period Within 10 calendar days FUND PERFORMANCE PERIOD RETURN (%) 2016 2017 2018 2019 2020 (YTD) Annualised YTD (%p.a.) Since Inception Annualised Since Inception (%p.a.) OPUS SHARIAH CEF 3.55% 3.67% 3.82% 4.02% 2.07% 3.57% 43.05% 3.47% Benchmark 3.17% 2.96% 3.13% 2.99% 1.31% 2.25% 35.65% 2.95% 1.85 sen 3.13 sen 4.25 sen 4.00 sen 1.85 sen - 33.33 sen - Distribution (per unit) Note: The information contain in the fund fact sheet is derived from internal data of Opus Asset Management Sdn Bhd unless otherwise stated. Disclaimer:     This     fact     sheet     is     prepared     for     information     purposes     only.     While     reasonable     care     has     been     taken     to     ensure     that     the     stated     facts     are     accurate    and    reasonable,    neither    Opus    Asset    Management    Sdn    Bhd    nor    its    sources    guarantee    that    it    is accurate     or    complete    and    should    not    be    relied    upon    as    such.    This    fact    sheet    is    not    an    offer    or    invitation    to    subscribe    or    purchase    of    any    units.    Units    of    the    Fund    can    only    be    purchased    by    Sophisticated    Investor    ("Investor")    as    stated    in    the    Information Memorandum     and     its    supplementary(ies)    (if    any)    including    other    guidelines    issued    by    the    Securities    Commission    Malaysia    (SC)    from    time    to    time.    A    copy    of    the    Information    Memorandum    and    its    supplementary(ies)    (if    any),    can    be    obtained    from    Opus Asset     Management     Sdn     Bhd     or     from     any     of     our     approved     distributors.     Past     performance     of     Fund     is     not     reflective     of     future     performance     and     income     distribution     is     not     guaranteed.     Investors     are     advised     to     read     and     understand    the    contents    of    the Information      Memorandum      and     its     supplementary(ies)     (if     any),     which     have     been     lodged     with     the     SC     who     takes     no     responsibility     for     its     contents,     before     subscribing     to     the     investment     scheme.     The     Fund     may     not     be     suitable     for     all     and     if     in     doubt, Investors     should     consult     a     professional     adviser.     In     the     event     that     there     is     a     discrepancy     of     information     between     the     fact     sheet,     Information     Memorandum     and     its    supplementary(ies)    (if    any),    the    information    in    the    Information    Memorandum    and    its supplementary(ies) (if any), shall prevail. Opus Asset Management Sdn Bhd and its employee accept no liability whatsoever for any damages suffered as a result of using, modifying, copying and distributing any information from this fact sheet. Opus Asset Management Sdn Bhd Address: B-19-2, Northpoint Offices, Mid Valley City, No. 1, Medan Syed Putra Utara, 59200 Kuala Lumpur Tel No : 03-2288 8882 Fax No: 03-2288 8889 Website: www.opusasset.com Page 1 of 2
2. 31 July 2020 OPUS SHARIAH CASH EXTRA FUND (OPUS SHARIAH CEF) DISTRIBUTION HISTORY Distribution Date Distribution (per unit) 24 Feb 2020 25 Mar 2020 24 Apr 2020 20 May 2020 24 Jun 2020 28 Jul 2020 0.15 Sen 0.15 Sen 0.25 Sen 0.25 Sen 0.40 Sen 0.45 Sen SECTOR ALLOCATION * CREDIT PROFILE * * As percentage of NAV ** Non Rated–Government Guaranteed * As percentage of NAV TOP 5 HOLDINGS * PORTFOLIO POSITION Rating % 1. Telekom 4.20% 13.09.21 AAA 7.2% 2. Malakoff Power 5.25% 17.12.21 AA- 4.5% 3. Bank Islam T2 B3 5.50% 15.12.25 (FC 15.12.20) 4. Puncak Wangi (FG) 4.10% 23.11.20 A1 4.4% AAA 4.4% 5. UEM Sunrise 4.80% 11.12.20 AA- 4.2% Portfolio Duration 10.0 months Portfolio Yield (Market) 2.49% * As percentage of NAV MANAGER'S COMMENTARY: As     the     fund's     focus     is     on     capital     preservation     and     liquidity,     we     will     continue     to     invest     in     high     quality,     liquid,     and     short-dated     sukuk     with minimal risks. The duration of the fund remains below 1 year. Note: The information contain in the fund fact sheet is derived from internal data of Opus Asset Management Sdn Bhd unless otherwise stated. Disclaimer:     This     fact     sheet     is     prepared     for     information     purposes     only.     While     reasonable     care     has     been     taken     to     ensure     that     the     stated     facts     are     accurate    and    reasonable,    neither    Opus    Asset    Management    Sdn    Bhd    nor    its    sources    guarantee    that    it    is accurate     or    complete    and    should    not    be    relied    upon    as    such.    This    fact    sheet    is    not    an    offer    or    invitation    to    subscribe    or    purchase    of    any    units.    Units    of    the    Fund    can    only    be    purchased    by    Sophisticated    Investor    ("Investor")    as    stated    in    the    Information Memorandum     and     its    supplementary(ies)    (if    any)    including    other    guidelines    issued    by    the    Securities    Commission    Malaysia    (SC)    from    time    to    time.    A    copy    of    the    Information    Memorandum    and    its    supplementary(ies)    (if    any),    can    be    obtained    from    Opus Asset     Management     Sdn     Bhd     or     from     any     of     our     approved     distributors.     Past     performance     of     Fund     is     not     reflective     of     future     performance     and     income     distribution     is     not     guaranteed.     Investors     are     advised     to     read     and     understand    the    contents    of    the Information      Memorandum      and     its     supplementary(ies)     (if     any),     which     have     been     lodged     with     the     SC     who     takes     no     responsibility     for     its     contents,     before     subscribing     to     the     investment     scheme.     The     Fund     may     not     be     suitable     for     all     and     if     in     doubt, Investors     should     consult     a     professional     adviser.     In     the     event     that     there     is     a     discrepancy     of     information     between     the     fact     sheet,     Information     Memorandum     and     its    supplementary(ies)    (if    any),    the    information    in    the    Information    Memorandum    and    its supplementary(ies) (if any), shall prevail. Opus Asset Management Sdn Bhd and its employee accept no liability whatsoever for any damages suffered as a result of using, modifying, copying and distributing any information from this fact sheet. Opus Asset Management Sdn Bhd Address: B-19-2, Northpoint Offices, Mid Valley City, No. 1, Medan Syed Putra Utara, 59200 Kuala Lumpur Tel No : 03-2288 8882 Fax No: 03-2288 8889 Website: www.opusasset.com Page 2 of 2