Principal Islamic Small Cap Opportunities Fund Report - July 2020

Transcription

1. Principal Islamic Small Cap Opportunities Fund (formerly known as CIMB Islamic Small Cap Fund) 3-year Fund Volatility 21.57 31 July 2020 Very High Lipper Analytics 15 Jul 2020 Available under the EPF Members Investment Scheme. Fund Objective Fund Performance To seek medium to long-term growth in capital by investing principally in emerging companies listed on Bursa Securities and this must be in accordance with the Shariah principles. Currency: MYR 250% 200% 150% ISIN Code: MYU1000AW001 100% Bloomberg Ticker: BHLPDAZ MK 50% Fund Information Malaysia Domicile Malaysia Fund Currency MYR 220.96 million Fund Unit 209.02 million units Benchmark Dealing Application Fee Fund FTSE Bursa Malaysia Small Cap Index Daily (as per Bursa Malaysia trading day) IUTA: 6.50% of the NAV per unit Principal Agency Distributor: 6.50% of the NAV per unit 1.85% p.a. of the NAV Trustee Fee 0.06% p.a. of the NAV MYR 1.0571 Benchmark Past performance does not guarantee future results. Asset allocation and diversification do not ensure a profit or protect against a loss. Cumulative Performance (%) 30 April 2003 Management Fee Unit NAV (MYR) - 50% Ringgit Malaysia Fund Size (MYR) Fund Launch Ap r0 D 3 ec -0 Au 3 g0 A 4 pr -0 Ja 5 n0 S 6 ep -0 M 6 ay -0 Fe 7 b0 O 8 ct -0 Ju 8 n0 M 9 ar -1 N 0 ov -1 Ju 0 l- 1 A 1 pr -1 D 2 ec -1 A 2 ug M 13 ay -1 Ja 4 n1 Se 5 pM 15 ay -1 Fe 6 b1 O 7 ct -1 Ju 7 n1 M 8 ar -1 N 9 ov -1 9 Ju l- 2 0 0% Location YTD Fund 2.03 Benchmark -7.86 Since 1 Month 3 Months 6 Months 1-Year 3-Year 5-Year Inception 14.36 21.81 5.31 5.08 -8.37 5.57 147.67 10.06 17.91 -1.68 -3.59 -24.45 -18.79 130.32 Calendar Year Returns (%) 2019 2018 2017 2016 2015 2014 Fund 29.00 -28.62 16.13 -10.68 17.06 -9.85 Benchmark 25.36 -33.74 15.87 -7.71 6.04 -4.20 Note: April 2003 to July 2020. 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 Top 10 Holdings Fund Risk Statistics Beta Axis REIT % of net Country assets Malaysia 6.05 Hartalega Hldg Bhd Malaysia 5.18 Information Ratio Inari Amertron Bhd Malaysia 4.74 0.48 GREATECH TECHNOLOGY BERHAD Malaysia 4.52 V.S. Industry Malaysia 4.51 0.76 Sharpe Ratio -0.36 3 years monthly data The holdings listed do no 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.
2. Principal Islamic Small Cap Opportunities Fund (formerly known as CIMB Islamic Small Cap Fund) Asset Allocation (%) Sector Allocation (%) Cash 4.26 1.95 Materials Communication Services 4.26 2.43 Consumer Discretionary Cash 5.11 5.86 Utilities Real Estate 7.01 95.74 15.33 Health Care 17.80 Industrials Information Technology 10 20 30 40 50 60 70 80 90 100 95.74 Malaysia 8.94 Energy 0 4.26 3.91 Consumer Staples Shariah-compliant Equities (Local) Regional Allocation (%) 0.55 Financials Cash As of 31 July 2020 26.85 0 Fund 5 10 15 20 25 30 Fund 0 10 20 30 40 50 60 70 80 90 100 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 July 2020, the Volatility Factor (VF) for this fund is 21.570 and is includes funds with VF that are above 15.38. The VF means there is a possibility for the fund in generating an upside Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision portfolio may have changed since this date and there is no guarantee that the fund will continue to have the same VF the market for at least 36 months will display the VF and its VC. classified as "Very High" (source: Lipper). "Very High" return or downside return around this VF. The Volatility and VC will be revised every six months. The fund 's or VC in the future. Presently, only funds launched in We recommend that you read and understand the contents of the Master Prospectus (Islamic Funds) dated 31 December 2019, which has been duly registered with the Securities Commission Malaysia, before investing and that you keep the said Master Prospectus (Shariah-Compliant Funds) for your records. Any issue of units to which the Master Prospectus (Shariah-Compliant Funds) relates will only be made upon receipt of the completed application form referred to in and accompanying the Master Prospectus (Shariah-Compliant Funds), subject to the terms and conditions therein. Investments in the Fund are exposed to liquidity risk, risks associated with investment in warrants and stock specific risk. You can obtain a copy of the Master Prospectus (Shariah-Compliant Funds) 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, investors are advised that following the issue of additional units/distribution, the NAV per unit will be reduced from pre -unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; 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. 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