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RHB Mudharabah Fund Report - January 2022

IM Insights
By IM Insights
3 months ago
RHB Mudharabah Fund Report - January 2022

Shariah, Sukuk


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  1. RHB MUDHARABAH FUND JANUARY 2022 FUND FACTSHEET 9 .2 All data expressed as at 31 December 2021 Low unless otherwise stated 10 Dec 2021 RM class FUND OVERVIEW FUND INFORMATION Manager RHB Asset Management Sdn Bhd External Investment Manager RHB Islamic International Asset Management Berhad Trustee CIMB Islamic Trustee Berhad Fund Category/Type Balanced Fund (Shariah - compliant)/ Capital Growth and Income Fund Launch Date 09 May 1996 Performance Graph Start Date 25 November 2002 Benchmark Start Date 25 November 2002 Base Currency RM Financial Year End 28 or 29 February Minimum Initial Investment RM1,000.00 Minimum Additional Investment RM100.00 Benchmark 50% FBM Emas Shariah + 50% Maybank Islamic Bhd's 12 months Islamic Fixed Deposit-i rate Sales Charge* Up to 6.00% of NAV per unit Redemption Charge* None Annual Management Fee* Up to 1.50% per annum of NAV Annual Trustee Fee* Up to 0.09% per annum of NAV Distribution Policy Incidental Bloomberg Ticker RM RHBMDFI:MK ISIN Code RM MYU9900CW000 This Fund aims to provide a balanced mix of income and potential for capital growth by investing in stocks listed on the Bursa Malaysia or on any other stock exchanges, unlisted stocks and Islamic debt securities and other non-interest bearing assets acceptable under principles of Shariah. The Fund's activities shall be conducted strictly in accordance with the requirement of the Shariah principles and shall be monitored by the Shariah committee of the Fund. The Fund's asset allocation is as follows: - Up to 60% of Net Asset Value (NAV) will be invested in Shariah-compliant equities; - minimum of 40% of NAV will be invested in Islamic debt instruments and/or liquid assets acceptable under Shariah principles. securities (Sukuk), Islamic money market The Fund is suitable for investors who: - An investment that complies with the principles of Shariah; - a professionally managed portfolio of Shariah-compliant equities, sukuk and Islamic debt securities; - to have a balanced portfolio that provides both income and capital growth; and - to invest in shares but do not have the time to manage their own portfolio. FUND PERFORMANCE Performance Chart Since Launch In Base Currency ¹ Cumulative Performance In Base Currency (%) ¹ 1 Month 3 Months 6 Months YTD 1 Year 3 Years Since Launch Fund 1.39 -1.56 -0.60 -4.91 -4.91 5.96 57.12 Benchmark 0.63 -0.16 0.81 -2.48 -2.48 7.23 N/A Annualised Performance In Base Currency (%) ¹ 3 Years 5 Years 10 Years Since Launch Fund 1.95 0.87 0.53 1.78 Benchmark 2.35 1.66 2.56 N/A Calendar Year Performance In Base Currency (%) ¹ 2021 2020 2019 2018 2017 Fund -4.91 6.00 5.12 -10.64 10.31 Benchmark -2.48 6.19 3.55 -5.27 6.90 *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. RHB Asset Management Sdn Bhd 198801007231 (174588-X)
  2. RHB MUDHARABAH FUND JANUARY 2022 FUND FACTSHEET 9 .2 All data expressed as at 31 December 2021 Low unless otherwise stated 10 Dec 2021 RM class FUND PORTFOLIO ANALYSIS 1 Month 12 Months Since Launch Highest NAV 0.7899 0.8508 1.0388 Lowest NAV 0.7677 0.7677 0.4095 NAV Per Unit RM 0.7899 Fund Size (Million) RM 20.11 Units in Circulation (Million) 25.46 SECTOR ALLOCATION ² TOP 5 HOLDINGS ² RHBA 4.88% (27/04/2027) (SERIES 2) MAHB IMTN** 3.600% (06/11/2030) TRANCHE 4 CENERGI SEA IMTN** 5.300% (23/12/2026) - S1 TRANCHE 1 MRCB20PERP IMTN** 4.660% (16/10/2026) TENAGA NASIONAL BHD 5.01% 3.33% Unquoted Sukuk 10.54% Telecommunications & Media 6.17% Plantation 5.87% Technology 5.02% 3.01% 2.99% 40.69% Industrial Products & Services Consumer Products… 5.01% Utilities 4.38% 2.89% Energy 4.09% Health Care 3.10% Financial Services 3.04% Transportation & Logistics 2.51% Construction 1.99% Property 1.41% Cash 6.18% 0 ¹Source: Lipper IM. Past performance is not indicative of future assessment before investing and seek professional advice, where necessary. ²As percentage of NAV. **IMTN - Islamic Middle Term Note. performance. 25 50 Investment involves risks and investor should conduct their own DISCLAIMER Based on the fund’s portfolio returns as at 10 December 2021, the Volatility Factor (VF) for this fund is 9.2 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 Master Prospectus dated 15 July 2017 and its supplementary(ies) (if any) ("collectively known as the Master Prospectus") before investing. The Master 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 Master 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 Master Prospectus relates will only be made on receipt of a form of application referred to in the Master Prospectus. For more details, please call 1-800-88-3175 for a copy of the PHS and the Master 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 stock market risk, individual credit/default risk and shariah specific risk. These risks and other general risks are elaborated in the Master Prospectus. stock risk, liquidity risk, issuer risk, interest rate risk , 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)