Principal DALI Global Equity Fund Report - October 2021

Transcription

1. Principal DALI Global Equity Fund 3-year Fund Volatility 13 .43 31 October 2021 Moderate Lipper Analytics 15 Oct 2021 Fund Objective Fund Performance The Fund aims to achieve capital appreciation over the long-term through Shariah-compliant investments primarily in the global markets. 60% 50% 40% Currency: MYR ISIN Code: MYU1000GN007 30% Bloomberg Ticker: CIMIGEM MK 20% 10% Fund Information Malaysia Domicile Malaysia Fund Currency MYR 64.56 million Fund Unit 181.79 million units Fund Launch 19 September 2017 Benchmark MSCI ACWI Islamic Index Application Fee Fund Benchmark Past performance does not guarantee future results. Asset allocation and diversification do not ensure a profit or protect against a loss. Daily (as per Bursa trading day) Principal Agency Distributor: Up to 6.50% of the NAV per unit. IUTAs : Up to 5.50% of the NAV per unit. Management Fee Up to 1.80% per annum of the NAV of the Class. Trustee Fee Up to 0.06% per annum Unit NAV (MYR) - 20% US Dollar (USD) Fund Size (MYR) Dealing - 10% N Location ov -1 Ja 7 n1 M 8 ar -1 M 8 ay -1 8 Ju l-1 S 8 ep -1 N 8 ov -1 Ja 8 n1 M 9 ar -1 M 9 ay -1 Ju 9 l-1 S 9 ep -1 N 9 ov -1 Ja 9 n2 M 0 ar -2 M 0 ay -2 Ju 0 n2 Au 0 g2 O 0 ct -2 D 0 ec -2 Fe 0 b2 A 1 pr -2 Ju 1 n2 A 1 ug -2 O 1 ct -2 1 0% Cumulative Performance (%) Fund Since 1 Month 3 Months 6 Months 1-Year 3-Year 5-Year Inception 17.43 3.23 0.77 8.26 30.03 49.08 N/A 42.04 Benchmark 19.10 YTD 3.34 0.50 7.81 34.65 48.95 N/A 48.71 Calendar Year Returns (%) 2020 2019 2018 2017 2016 2015 Fund 12.79 20.17 -9.75 N/A N/A N/A Benchmark 9.78 21.85 -7.67 N/A N/A N/A Note: September 2017 to October 2021. Performance data represents the combined income & capital return as a result of holding units in the fund for the specified length of time, based on bid to bid prices. Earnings are assumed to be reinvested. Source : Lipper Fund Risk Statistics Top 10 Holdings MYR 0.3551 Comgest Growth Europe IShares MSCI World Islamic UCITS BNP Paribas Islamic Equity Optimiser IShares MSCI USA Islamic UCITS Princ Isl AP Dynamic Eq Fd Princ Isl AP Dyna Inc Grwth Fd % of net Country assets Ireland 20.58 0.86 Ireland 19.80 Information Ratio Luxembourg 19.28 -0.11 Ireland 18.97 Malaysia 11.76 Ireland 2.82 ALPHABET INC-CL A United States 1.46 SEA LTD United States 1.05 PAYPAL HOLDINGS INC United States 0.64 Japan 0.34 Murata Manufacturing Co. Ltd Beta The holdings listed do not constitute a recommendation to purchase or sell a particular security. Cash and/or derivative positions that are not part of the core investment strategy will not be reflected in the top holdings list. Sharpe Ratio 0.71 3 years monthly data
2. Principal DALI Global Equity Fund As of 31 October 2021 Sector Allocation (%) Asset Allocation (%) Regional Allocation (%) 3.29 Cash Cash Cash 3.29 3.29 Japan 0.34 Information Technology Shariah-compliant Equities (Foreign) 0.99 United States 3.16 3.50 Communication Services Mutual Fund Malaysia 2.51 11.76 Luxembourg 93.21 Mutual Fund 19.28 93.21 Ireland 0 10 20 30 40 50 60 70 80 90 0 Fund 10 20 30 40 50 60 70 80 90 Fund 62.17 0 10 20 30 40 50 60 Fund Source: Factset. Fund holdings and allocations shown are unaudited and may not be representative of current or future investments. Percentages may not add up to 100% due to rounding and/or inclusion or exclusion of cash will not be reflected in the top holdings list. ^Based on the fund's portfolio returns as at 15 October 2021, the Volatility Factor (VF) for this fund is 13.430 and is classified as "Moderate" (source: there is a possibility for the fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by FIMM based 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 guarantee that the fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will VC. FIMM). The VF means on quintile ranks of VF date and there is no display the VF and its We recommend that you read and understand the contents of Principal DALI Global Equity Fund (formerly known as CIMB Islamic Global Equity Fund) Prospectus Issue No .2 dated 23 August 2019, which has been duly registered with the Securities Commission Malaysia, before investing and that you keep the said Fund Prospectus for your records. Any issue of units to which the Fund Prospectus relates will only be made upon receipt of the completed application form referred to in and accompanying the Fund Prospectus, subject to the terms and conditions therein. Investments in the Fund are exposed to country risk, credit and default risk, currency risk, interest rate risk *, liquidity risk, risk associated with investing in CIS, risk of investing in emerging markets and stock specific risk. You can obtain a copy of the Fund Prospectus from the head office of Principal Asset Management Berhad or from any of our approved distributors. Product Highlight Sheet ("PHS") is available and that investors have the right to request for a PHS; and the PHS and any other product disclosure document should be read and understood before making any investment decision. There are fees and charges involved in investing in the funds. We suggest that you consider these fees and charges carefully prior to making an investment. Unit prices and income distributions, if any, may fall or rise. Past performance is not reflective of future performance and income distributions are not guaranteed. You are also advised to read and understand the contents of the Financing for Investment in Unit Trust Risk Disclosure Statement before deciding to obtain financing to purchase units. Where a unit split /distribution is declared, you are advised that following the issue of additional units /distribution, the NAV per unit will be reduced from pre -unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in Malaysian ringgit will remain unchanged after the distribution of the additional units. *Note: The Fund does not invest in interest bearing instruments; the interest rate referred herein is to the general interest rate of the country, which may affect the value of the investments of the Fund. Carefully consider a fund's objective, risks, charges and expenses. Visit www.principal.com.my for a prospectus containing this and other information. Please read it carefully before investing. Principal Asset Management Berhad 10th Floor, Bangunan CIMB, Jalan Semantan Damansara Heights, 50490 Kuala Lumpur. Tel: (603) 2084 8888 Fax: (603) 2084 8899 Website: www.principal.com.my