RHB Islamic Regional Balanced Fund - USD Class Report - September 2021

Transcription

1. RHB ISLAMIC REGIONAL BALANCED FUND - USD CLASS SEPTEMBER 2021 FUND FACTSHEET 8 .9 All data expressed as at 31 August 2021 Low unless otherwise stated 10 Aug 2021 USD class FUND OVERVIEW FUND INFORMATION Investment Manager RHB Asset Management Sdn Bhd Trustee TMF Trustees Malaysia Berhad Fund Category/Type Balanced fund (Shariah-compliant)/ Income and growth Launch Date 17 June 2014 Domicile Malaysia Base Currency RM Financial Year End 30 April Minimum Initial Investment USD1,000.00 Minimum Additional Investment USD100.00 Benchmark 50% RAM QuantShop GII (medium term) Index + 50% FTSE Shariah Developed Asia Pacific Index Sales Charge* Up to 5.00% of investment amount Redemption Charge* None Annual Management Fee* 1.80% per annum of NAV Annual Trustee Fee* Up to 0.06% per annum of NAV, subject to a minimum of RM18,000per annum Distribution Policy Annually, if any Bloomberg Ticker USD RHBRBUS:MK ISIN Code USD MYU9902AO007 The Fund aims to provide regular income^ and capital growth over the medium to long-term^^ from a diversified portfolio of Shariah-compliant investments. Note:^Income is in the form of Units. Please refer to the Fund's distribution mode. ^^"medium to long-term" in this context refers to a period of three (3) years or more. The Fund's asset allocation is as follows: - At least 40% and up to 60% of Net Asset Value (NAV): Investments in Shariah-compliant equities; - at least 40% and up to 60% of NAV: Investments in non-equity Shariah-compliant investments. The Fund is suitable for investors who: - Want to have a balanced portfolio that provides both income and capital growth, and at the same time complies with the principles of Shariah; and - are willing to accept moderate risk in their investments. FUND PERFORMANCE Performance Chart Since Launch In Base Currency ¹ RHB Islamic Regional Balanced Fund ("IRBF") Benchmark : Following the change in Shariah screening methodology of the Fund from a combination of screening methodologies to a single FTSE Shariah screening methodology effective from 3 December 2017, the performance of this Fund is benchmarked against a composite benchmark comprising 50% RAM QuantShop GII (medium term) Index and 50% FTSE Shariah Developed Asia Pacific Index. Prior to 3 December 2017, the performance of this Fund is benchmarked against a composite benchmark comprising 50% RAM QuantShop GII (medium term) Index and 50% Dow Jones Islamic Market Asia Pacific Index. Cumulative Performance In Base Currency (%) ¹ 1 Month 3 Months 6 Months YTD 1 Year 3 Years Fund 1.03 -0.73 -5.18 -3.59 7.43 6.86 8.47 Benchmark 1.22 -0.77 -0.68 -0.62 10.68 17.20 31.81 Annualised Performance In Base Currency (%) ¹ 3 Years 5 Years 10 Years Since Launch Fund 2.23 2.33 N/A 1.13 Benchmark 5.43 6.36 N/A 3.90 Calendar Year Performance In Base Currency (%) ¹ *All fees and charges payable to the Manager and the Trustee are subject to any applicable taxes and/or duties and at such rate as may be imposed by the government from time to time. Note: Any bank charges imposed by the relevant banks/ financial institutions will be borne by the Unit Holders. 2020 2019 2018 2017 2016 Fund 13.15 11.60 -7.65 26.92 0.88 Benchmark 9.43 8.36 -8.44 15.58 1.11 HISTORICAL DISTRIBUTIONS (YEARLY) Total for Financial Year Ended 2021 27 April 2021 Distributions (sen) Yield (%) N/A N/A 5.0000 4.77 RHB Asset Management Sdn Bhd 198801007231 (174588-X) Since Launch
2. RHB ISLAMIC REGIONAL BALANCED FUND - USD CLASS SEPTEMBER 2021 FUND FACTSHEET 8 .9 All data expressed as at 31 August 2021 Low unless otherwise stated 10 Aug 2021 USD class FUND PORTFOLIO ANALYSIS 1 Month 12 Months Since Launch Highest NAV 1.0407 1.1950 1.1950 Lowest NAV 1.0054 0.9884 0.7754 NAV Per Unit USD 1.0352 Fund Size (Million) USD 0.80 Units in Circulation (Million) 0.78 SECTOR ALLOCATION ² TOP 5 HOLDINGS ² BANK MUAMALAT MALAYSIA BHD 5.50% (25/11/2021) SAMSUNG ELECTRONICS CO LTD WCT HOLDINGS BHD 6.00% JIMAH EAST POWER SDN BHD 6.20% (04/12/2031) MURATA MANUFACTURING CO LTD Sukuk 5.99% 40.72% Technology 5.61% 4.45% 2.86% Malaysia 41.52% 20.80% Japan Consumer Discretionary 25.41% 9.76% Industrials 3.53% COUNTRY ALLOCATION ² South Korea 6.56% 4.90% China Consumer Staples 4.33% Australia Health Care 3.23% Energy 2.77% Telecommunications 11.69% 7.25% 3.46% Singapore 2.68% Taiwan 2.30% Real Estate 1.30% Hong Kong Basic Materials 0.74% Cash ¹Source: Lipper IM. Past performance is not indicative of future assessment before investing and seek professional advice, where necessary. ²As percentage of NAV. Cash 4.89% 0 performance. 0.80% 25 50 Investment 4.89% 0 involves risks and 10 investor 20 should 30 40 conduct 50 their 60 own DISCLAIMER Based on the fund’s portfolio returns as at 10 August 2021, the Volatility Factor (VF) for this fund is 8.9 and is classified as "Low" (source: Lipper). "Low" includes funds with VF that are above 4.3 but not more than 10.8 (source: Lipper). The VF means there is a possibility for the fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision and VC will be revised every six months. The fund’s portfolio may have changed since this date and there is no guarantee that the fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC. The VC referred to was dated 30 June 2021 which is calculated once every six months and is valid until its next calculation date, i.e. 31 December 2021. A Product Highlights Sheet (“PHS”) highlighting the key features and risks of the Fund is available and investors have the right to request for a PHS. Investors are advised to obtain, read and understand the contents of the PHS and Prospectus dated 3 November 2017 and its supplementary(ies) (if any) ("collectively known as the Prospectus") before investing. The Prospectus has been registered with the Securities Commission Malaysia ("SC") who takes no responsibility for its contents. The SC’s approval or authorization, or the registration of the Prospectus should not be taken to indicate that the SC has recommended or endorsed the fund. Amongst others, investors should consider the fees and charges involved. Investors should also note that the price of units and distributions payable, if any, may go down as well as up. Where a distribution is declared, investors are advised that following the issue of additional units/distribution, the NAV per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Any issue of units to which the Prospectus relates will only be made on receipt of a form of application referred to in the Prospectus. For more details, please call 1-800-88-3175 for a copy of the PHS and the Prospectus or collect one from any of our branches or authorised distributors. Investors are advised that investments are subject to investment risk and that there can be no guarantee that any investment objectives will be achieved. Investors should conduct their own assessment before investing and seek professional advice, where necessary and should not make an investment decision solely based on this Fund Factsheet. The Manager wishes to highlight the specific risks of the Fund are equity risk, currency risk, country risk, interest rate risk, liquidity risk, regulatory risk, credit downgrade and credit/default risk, reclassification of shariah status risk, market risk in emerging and less developed markets, unrated securities risk and risk of use of rating agencies. These risks and other general risks are elaborated in the Prospectus. This Fund Factsheet is prepared for information purposes only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. Past performance is not necessarily a guide to future performance. Returns may vary from year to year. This Fund Factsheet has not been reviewed by the SC. RHB Asset Management Sdn Bhd 198801007231 (174588-X)