TA Islamic Fund Report - November 2020

Transcription

1. TA Islamic Fund (TAIF) 19.6 Very High 10 Nov 20 Pg 11 Information as at 30 November 2020 (based on NAV to NAV with distributions reinvested) Fund Objective The Fund aims to achieve steady capital growth over the medium to long term period by investing in a portfolio of authorised investments which conforms strictly to Shariah principles. Fund Performance TAIF 349.74% Investor Profile Want to invest in Shariah-compliant securities and other approved instruments that meet requirements of the Shariah. Require liquidity but are willing to invest for the medium to long term. Benchmark 206.18% Investment Strategy Depending on the market condition, the Fund will invest 70% to 95% of its NAV in Shariah-compliant securities with the balance in sukuk and Islamic liquid assets. The Fund may invest up to 30% of the Fund's NAV in foreign Shariah-compliant securities. Fund Details Trustee Fee Up to 0.055% p.a. of the Fund’s NAV Trustee Universal Trustee (M) Bhd Shariah Adviser BIMB Securities Sdn Bhd Min. Initial Investment RM 1,000 Min. Subsequent Investment RM 100 Fund Price History Low Since Inception 19/03/20 0.2583 YTD 19/03/20 0.2583 6 months 28.59 9.33 1 year 24.16 13.41 % NAV 1 JF TECHNOLOGY BERHAD 2 PETRONAS CHEMICALS GROUP BERHAD 3 PETRONAS GAS BERHAD 4 TOP GLOVE CORPORATION BERHAD 5 HIBISCUS PETROLEUM BERHAD 6 TELEKOM MALAYSIA BERHAD 7 TENAGA NASIONAL BERHAD 8 QES GROUP BERHAD 9 SKP RESOURCES BERHAD 10 SARAWAK CONSOLIDATED INDUSTRIES BERHAD Annual Performance (%) 2018 -10.94 -13.52 2019 20.83 3.85 Fund Benchmark* 3 years 35.13 1.76 5 years Year To Date Since Inception 37.82 20.13 349.74 5.12 10.04 206.18 Source: Lipper for Investment Management 7.38 3.95 3.90 3.75 3.75 3.72 3.67 3.62 3.17 3.14 2017 6.18 10.72 2016 -2.78 -6.13 2015 11.48 2.35 2014 -8.40 -4.17 Distribution/Unit Split History Distribution/Unit Split History Declaration Date 30/11/01 31/05/02 31/05/03 28/11/03 28/05/04 31/05/05 31/05/06 29/03/07 31/05/07 30/05/08 29/05/09 Declaration Date 31/05/10 31/05/11 31/05/12 31/05/13 30/05/14 29/05/15 30/06/16 31/05/17 31/05/18 29/11/19 29/05/20 Gross Distribution 1.5 sen per unit 3.5 sen per unit 2.5 sen per unit 2.5 sen per unit 6.0 sen per unit 3.5 sen per unit 3.5 sen per unit Nil 3.5 sen per unit 3.5 sen per unit 3.0 sen per unit Unit Split Nil 1:10 Nil 1:10 Nil Nil Nil 1:10 Nil Nil Nil U�li�es 7.57% Telecommunica�on & Media 7.86% Gross Distribution 4.0 sen per unit 4.0 sen per unit 3.5 sen per unit 3.0 sen per unit 3.5 sen per unit Unit Split Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil 2.0 sen per unit 1.5 sen per unit 2.3 sen per unit 0.4 sen per unit 2.0 sen per unit 1.0 sen per unit Geographic Allocation Planta�on 1.57% Mining Consumer Products 1.52% 2.55% Islamic Deposits & Construc�on Others 3.35% 7.59% Industrial Products Proper�es 24.02% 3.55% Trading & Services 4.10% Finance 5.21% 2013 5.87 13.29 Source: Lipper for Investment Management * Benchmark: FTSE Bursa Malaysia Emas Shariah Index (FBM Emas Shariah) Asset & Sector Allocation * YTD: Year To Date Top Ten Holdings 1 month 9.28 3.18 Fund Benchmark* * Benchmark: FTSE Bursa Malaysia Emas Shariah Index (FBM Emas Shariah) NAV per unit RM 0.4345 Fund Size RM 55.91 million No of Units In Circulation 128.68 million units Fund Inception Date 24 April 2001 Financial Year End 31 May Service Charge Cash : Up to 5.5% EPF : e-PPA : 1.5% EPF : i-Invest : 0% Management Fee Up to 1.5% p.a. of the Fund’s NAV High Since Inception 04/11/03 0.6761 YTD 30/11/20 0.4345 Cumulative Performance (%) Australia 3.52% Islamic Deposits & Others 7.59% Hong Kong 3.57% Technology 12.89% Healthcare 8.85% Energy 9.37% Malaysia 85.32% Based on the fund’s portfolio returns as at November 2020, the Volatility Factor (VF) for this fund is 19.6 and is classified as “Very High” (source: Lipper). “Very High” includes funds with VF that are above 16.9. 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. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer to buy or sell any securities or unit trusts. Copies of the Master Prospectus dated 1 June 2020 and First Supplementary Master Prospectus dated 19 October 2020 have been registered with the Securities Commission Malaysia who takes no responsibility for its contents. These materials have not been reviewed by the Securities Commission Malaysia. Investors are advised to read and understand the contents of the Prospectuses, copies of which are available from our offices, authorised consultants and distributors before investing. Investors should rely on their own evaluation to assess the merits and risks of the investment. If investors are unable to make their own evaluation, they are advised to consult professional advisers where necessary. Product Highlights 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. The price of units and distributions payable, if any, may go down as well as up. Investors should also compare and consider the fees, charges and costs involved and the risks when investing in the Fund such as market risk, currency risk and country risk before investing. Where past performance is quoted, past performance of the Fund is no indication of its future performance. Units are issued upon receipt of a duly completed application form referred to in and accompanying the Prospectuses. Investors are advised that following the issue of additional distribution, the NAV per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Investors are also advised that, where a unit split is declared, the value of their investment in Malaysian ringgit will remain unchanged after the distribution of the additional units.