Professional Documents
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August 2010 Review
August 2010 Review
Bonus Unit Distribution Performance of MAA Vulture Fund vs Total Performance Return to
(per 100 units held)
FTSE Bursa Malaysia KLCI (FBM KLCI) 31/08/2010
2005 -
2006 20 1700
MAA Vulture Fund Absolute Return
2007 40 1600
0.45 (%)
2008 8 1500
2009 12 1400
FBM
0.40 Fund
KLCI
Highest & Lowest Unit NAV 1300
1 month 3.0 4.5
(adjusted for bonus distribution) 1200 0.35
3 months 8.7 10.7
High Low 1100
0.30
6 months 11.7 11.9
2005 0.246 0.244 1000 Yr-to-date 15.7 11.8
2006 0.311 0.245 900
0.25 1 year 21.3 21.1
2007 0.455 0.312
800
FBM KLCI 2 years 30.5 29.3
2008 0.470 0.284
700 0.20 3 years 13.5 11.7
2009 0.412 0.286 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10
5 years - -
2010 Y-t-d 0.478 0.414 FBM KLCI (LHS) MAA VULTURE FUND (RHS)
Bonus Unit Distribution Performance of MAA Growth Fund vs Total Performance Return to
(per 100 units held)
FTSE Bursa Malaysia KLCI (FBM KLCI) 31/08/2010
2005 4
2006 12 1700
MAA Growth Fund 0.40 Absolute Return
2007 15 1600
(%)
2008 6 1500
0.35 FBM
2009 15 1400 Fund
KLCI
1300
Highest & Lowest Unit NAV 0.30 1 month 3.3 4.5
(adjusted for bonus distribution) 1200
3 months 7.9 10.7
High Low 1100
0.25 6 months 9.3 11.9
2005 0.284 0.226 1000
Yr-to-date 11.2 11.8
2006 0.286 0.227 900 0.20 1 year 19.6 21.1
2007 0.382 0.282 800
FBM KLCI 2 years 31.5 29.3
2008 0.400 0.239 700 0.15
3 years 18.8 11.7
2009 0.370 0.241 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10
5 years 72.1 55.7
FBM KLCI (LHS) MAA GROWTH FUND (RHS)
2010 Y-t-d 0.411 0.366
Bonus Unit Distribution Performance of MAA Dana Mas Maju vs Total Performance Return to
(per 100 units held)
FBM Syariah Index 31/08/2010
2005 6
2006 12 12000
0.40
MAA Dana Mas Maju Absolute Return
2007 15 11000 (%)
2008 6
10000 0.35
2009 10 FBM
Fund
9000
Syariah
Highest & Lowest Unit NAV 0.30
1 month 1.5 1.6
(adjusted for bonus distribution) 8000
3 months 7.3 8.3
High Low 0.25
7000 6 months 7.3 7.1
2005 0.278 0.242
6000
Yr-to-date 10.6 8.7
2006 0.307 0.244 0.20 1 year 12.6 12.8
2007 0.421 0.304 5000 FBM Syariah Index
2 years 17.5 21.8
2008 0.444 0.261
4000 0.15 3 years 5.9 3.9
2009 0.367 0.263 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10
5 years 59.7 55.4
2010 Y-t-d 0.400 0.362 FBM SYARIAH INDEX (LHS) MAA DANA MAS MAJU (RHS)
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
bonus unit distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Dana Mas Yakin August 2010
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
bonus unit distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Billion Cap Fund August 2010
Bonus Unit Distribution Performance of MAA Billion Cap Fund vs Total Performance Return to
(per 100 units held)
FTSE Bursa Malaysia KLCI (FBM KLCI) 31/08/2010
2005 -
1700
2006 20 MAA Billion Cap Fund
1600 0.45 Absolute Return
2007 30
(%)
1500
2008 5
1400 0.40 FBM
2009 12 Fund
1300
KLCI
Highest & Lowest Unit NAV 0.35 1 month 4.6 4.5
(adjusted for bonus distribution) 1200
3 months 10.8 10.7
High Low 1100
0.30 6 months 12.7 11.9
2005 0.273 0.268 1000
Yr-to-date 17.0 11.8
2006 0.337 0.269 900 0.25 1 year 21.8 21.1
2007 0.457 0.340 800
FBM KLCI 2 years 37.8 29.3
2008 0.472 0.268 700 0.20 3 years 12.0 11.7
2009 0.402 0.269 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10
5 years - -
2010 Y-t-d 0.469 0.403 FBM KLCI (LHS) MAA BILLION CAP FUND (RHS)
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
bonus unit distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Equity Booster Fund August 2010
Bonus Unit Distribution Performance of MAA Equity Booster Fund vs Total Performance Return to
(per 100 units held)
FTSE Bursa Malaysia KLCI (FBM KLCI) 31/08/2010
2005 -
1700 0.50
2006 12 MAA Equity Booster Fund
1600 Absolute Return
2007 30
0.45 (%)
1500
2008 5
2009 15 1400 FBM
0.40 Fund
1300
KLCI
Highest & Lowest Unit NAV 1 month 1.7 4.5
(adjusted for bonus distribution) 1200 0.35
3 months 8.3 10.7
High Low 1100
0.30 6 months 10.8 11.9
2005 0.286 0.284 1000
Yr-to-date 18.4 11.8
2006 0.342 0.276 900
0.25 1 year 20.7 21.1
2007 0.490 0.346 800
FBM KLCI 2 years 36.6 29.3
2008 0.483 0.270 700 0.20 3 years 10.7 11.7
2009 0.424 0.263 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10
5 years - -
2010 Y-t-d 0.489 0.414 FBM KLCI (LHS) MAA EQUITY BOOSTER FUND (RHS)
Investor Profile
• Looking to gain exposure to
smaller listed companies with
high growth potential.
• Looking for high capital growth Fund Strategy
rather than steady income
stream. Market outlook
• Willing to accept a high level of • The stock market momentum has improved on stronger-than-expected corporate earnings,
investment risk. despite lingering concerns over the strength of the global economic recovery.
• Have a medium to long-term • The KLCI is likely to see buying support and a longer-term uptrend. The consensus estimates
(typically 3 to 5 years) show that corporate earnings will grow in the mid-teens in 2010 and 2011.
investment horizon. • The pace of economic recovery, fiscal and monetary tightening will be closely watched. With the
gradual recovery in the global economy and the financial markets, more asset allocation is
expected to move back into equities from cash and bonds.
Fund strategy
• We see intrinsic value among small caps, which may provide better long-term growth potential
Fund Details from a smaller base, and trade at cheaper valuations compared to their larger counterparts.
Unit NAV (31/08/2010) RM0.463 • The Fund will look for well-managed emerging companies, which have high long-term growth
potential, strong cash flows and good dividend yields. Bearing in mind the liquidity and volatility of
Fund Size (31/07/2010) RM3.738m
small cap stocks, the Fund aims to provide consistent long-term returns.
Launch Date 2-Feb-2001
Bonus Unit Distribution Performance of MAA Small Cap Fund vs Total Performance Return to
(per 100 units held)
FBM Small Cap Index 31/08/2010
2005 8
14000
2006 12 Absolute Return
MAA Small Cap Fund
2007 20 13000
0.45
(%)
2008 7 12000
FBM
2009 10 11000
0.40 Fund Small
Highest & Lowest Unit NAV Cap
10000
0.35 1 month -0.8 -3.5
(adjusted for bonus distribution)
9000
High Low 3 months 4.3 5.8
8000 0.30
2005 0.302 0.270 6 months 6.2 4.7
2006 0.333 0.273 7000 Yr-to-date 10.8 9.6
0.25
2007 0.489 0.330 6000 1 year 9.6 13.6
FBM Small Cap Index
2008 0.484 0.314 5000 0.20
2 years 20.9 24.9
2009 0.439 0.307 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10 3 years 5.0 2.5
2010 Y-t-d 0.475 0.424 FBM Small Cap Index (LHS) MAA SMALL CAP FUND (RHS) 5 years 71.0 91.6
Consumer 21% % of
Manufacturing 21% Security Name
Cash Equities Construction 18%
NAV
Equivalent 55% Property 17% Kossan Rubber 4.7
45% Technology 10% Media Chinese Int’l 4.7
Plantation 8%
Financials 3% United Plantations 4.1
Energy 2% Hirotako Holdings 3.5
0% 5% 10% 15% 20% 25% Hektar REIT 3.5
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
bonus unit distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Technology Fund August 2010
Investor Profile
• Looking to gain exposure to high
growth companies in the
technology, telecommunications
and media-related sectors. Fund Strategy
• Looking for high capital growth
rather than steady income Sector outlook
stream. • Electronic exports, especially semiconductors, continue to show positive growth rates, but the
• Willing to accept a high level of growth rate is starting to slow, due to a higher base in the 2H last year.
investment risk. • In the telecom sector, usage growth will come from wireless broadband. Cash flow and dividend
• Have a medium to long-term payouts are expected to be good for the big service providers.
(typically 3 to 5 years) • The media stocks face less competition and should benefit from a recovery in advertisement
investment horizon. spending. The media stocks tend to have good cash flows and dividend yields.
Fund strategy
• After a strong run this year, the semiconductor stocks are showing price weakness on profit-
taking.
Fund Details • The telecom and media sectors offer good cash flows and dividend yields.
Unit NAV (31/08/2010) RM0.452 • The Fund will maintain a diversified portfolio of technology-related companies, and will invest in
technology, telecom and media companies which have good long-term growth potential, decent
Fund Size (31/07/2010) RM0.926m
valuations, strong balance sheet, good cash flows and dividend yields.
Launch Date 6-Feb-2001
Bonus Unit Distribution Performance of MAA Technology Fund vs Total Performance Return to
(per 100 units held)
KL Technology Index 31/08/2010
2005 10
2006 12 40
MAA Technology Fund Absolute Return
2007 12 0.45
(%)
2008 8
0.40
2009 8 Fund KL Tech
30
Highest & Lowest Unit NAV 0.35
1 month -2.8 -11.2
(adjusted for bonus distribution)
0.30 3 months -1.0 -13.8
High Low
6 months 7.6 -5.4
2005 0.275 0.248 20
0.25
Yr-to-date 18.5 6.2
2006 0.310 0.260
0.20
1 year 23.4 16.4
2007 0.379 0.312
KL Technology Index 2 years 28.1 8.9
2008 0.378 0.300
10 0.15 3 years 26.0 -22.3
2009 0.397 0.285 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10
5 years 79.4 -34.6
2010 Y-t-d 0.471 0.384 KL TECHNOLOGY INDEX (LHS) MAA TECHNOLOGY FUND (RHS)
Equities % of
Technology 51% Security Name
Cash 28% NAV
Equivalent Media Chinese Int’l 8.6
72% Media 30%
Malaysian Pacific Ind 6.0
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
bonus unit distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Income Fund August 2010
Cash Dividend Distribution Performance of MAA Income Fund vs Total Performance Return to
(per unit held) 12-month Fixed Deposit 31/08/2010
2005 3.6 sen
2006 2.4 sen Absolute Return
(%)
2007 1.3 sen 1.60
2008 0.8 sen 12 mth
1.50 Income Fund Fund
2009 4.4 sen FD
1.40 1 month 1.2 0.2
Highest & Lowest Unit NAV 12 mth FD
1.30 3 months 2.7 0.7
High Low 6 months 5.0 1.4
1.20
2005 0.539 0.502 Yr-to-date 6.1 1.8
2006 0.524 0.500 1.10 1 year 9.7 2.7
2007 0.516 0.500 1.00 2 years 18.9 5.8
2008 0.508 0.486 Jul-98 Jul-99 Jul-00 Jul-01 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jul-08 Jul-09 Jul-10 3 years 17.9 9.8
2009 0.544 0.499 MBB 12 mth FD MAA Income Fund 5 years 28.2 18.3
2010 Y-t-d 0.530 0.501
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
cash dividend distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Dana Seri Mulia August 2010
(formerly known as Dana As-Salam)
Fund Type Fund Performance for August 2010
Syariah Income Market review
• Bank Negara kept the Overnight Policy Rate (OPR) on hold at 2.75% at its recent Monetary Policy
Fund Objective Committee (MPC) meeting in September, citing concerns that growth momentum has moderated
• To provide a stable level of in major economies.
income through investments • Malaysia’s real economy grew by 8.9% y-y in 2Q 2010, supported by strong domestic and external
predominantly in a diversified demand. The CPI inflation rate rose 1.9% y-y in July (June: +1.7% y-y).
portfolio of Islamic fixed income • Short-term government bonds (MGS) yield curve flattened during the month. MGS gains were
securities. skewed towards the longer-term MGS. 3-year MGS yields dropped 4 basis-points (bps) m-m to
3.11% and 10-year MGS dropped 18 bps m-m to 3.69% as at end-August.
Fund review
• The Fund’s unit NAV rose 1.0% m-m in August, driven by gains in equity prices and stable income
Investor Profile from bonds in the portfolio.
• As at end-August, the Fund’s fixed income exposure increased to 64.5% of NAV, after the
• Looking to have a portfolio of
purchase of several Islamic bonds. The equity exposure was at 5.9% of NAV.
predominantly Islamic fixed
income instruments and some
Syariah-approved stocks. Fund Strategy
• Looking to receive a steady
income stream. Market outlook
• Willing to accept a low to • The next MPC meeting is on 12 November. The bond market expects Bank Negara will maintain
moderate level of investment the OPR at 2.75% for the rest of the year, due to slowing global growth and expects the global
risk. economy to expand at a more moderate pace.
• Have a medium to long-term • Bank Negara expects CPI inflation to rise at a modest pace in the coming months and to remain
investment horizon (typically 3 to moderate in 2011.
5 years). • There will be only one MGS auction in September: a new issue of 3-year GII. There is likely to be
net buying interest in selected short-term corporate issues in the AAA and AA-rated segments.
Fund strategy
• The Fund will increase its Islamic bond portfolio when reasonably priced issues are available.
Fund Details • The Fund will also look to invest in Islamic corporate bonds with better credit or higher yields.
Unit NAV (31/08/2010) RM0.520 • In order to increase returns, the Fund will invest up to 10% of NAV in Syariah-approved stocks
with high dividend yields and low price volatility (low beta).
Fund Size (31/07/2010) RM57.614m
Launch Date 8-Mar-1999
Cash Dividend Distribution Performance of MAA Dana Seri Mulia vs Total Performance Return to
(per unit held) 12-month Fixed Deposit 31/08/2010
2005 2.8 sen
2006 2.3 sen Absolute Return
2007 2.8 sen 1.60 (%)
2008 1.4 sen
1.50 Dana Seri Mulia 12 mth
2009 3.4 sen Fund
FD
1.40
Highest & Lowest Unit NAV 1 month 1.0 0.2
1.30
3 months 2.6 0.7
High Low 1.20 6 months 3.6 1.4
2005 0.532 0.503 12 mth FD
Yr-to-date 4.0 1.8
2006 0.523 0.500 1.10
1 year 6.2 2.7
2007 0.529 0.500 1.00 2 years 15.6 5.8
2008 0.514 0.486 Mar-99 Mar-00 Mar-01 Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 3 years 15.0 9.8
2009 0.534 0.500 MAA Dana Seri Mulia Fund MBB 12 mth FD 5 years 27.1 18.3
2010 Y-t-d 0.520 0.501
Cash &
Industrial 0.0% Tanjung Bin IMTN 5.5
Trading 0.0%
Deposits,
29.7%
Finance 29.8% Cagamas Bonds 4.5
0% 5% 10% 15% 20% 25% 30% 35%
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
cash dividend distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Capital Guaranteed Fund 2 August 2010
Cash Dividend Distribution Performance of MAA Capital Guaranteed Fund 2 vs Total Performance Return to
(per unit held)
12-month Fixed Deposit 31/08/2010
2005 -
2006 -
Absolute Return
2007 - 1.240 (%)
2008 - 1.210
2009 - 12 mth
1.180 Fund
FD
Highest & Lowest Unit NAV 1.150 12 mth FD 1 month 1.0 0.2
1.120
3 months 1.7 0.7
High Low 1.090
6 months 2.5 1.4
2005 0.508 0.500 1.060 MCGP2
Yr-to-date 3.0 1.8
2006 0.517 0.503 1.030
1 year 2.0 2.7
2007 0.543 0.520 1.000
2 years 11.1 5.8
2008 0.571 0.541 Oct-05 Mar-06 Aug-06 Jan-07 Jun-07 Nov-07 Apr-08 Sep-08 Feb-09 Jul-09 Dec-09 May-10
3 years 14.0 9.8
2009 0.606 0.569 MAA MCGP2 Fund MBB 12 mth FD 5 years - -
2010 Y-t-d 0.609 0.592
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
cash dividend distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Capital Guaranteed Fund 3 August 2010
Cash Dividend Distribution Performance of MAA Capital Guaranteed Fund 3 vs Total Performance Return to
(per unit held)
12-month Fixed Deposit 31/08/2010
2005 -
2006 -
Absolute Return
2007 -
1.175 (%)
2008 -
1.145 12 mth
2009 - Fund
1.115
12 mth FD FD
Highest & Lowest Unit NAV 1 month 0.9 0.2
1.085
MCGP3 3 months 1.4 0.7
High Low 1.055
6 months 1.9 1.4
2005 - -
1.025 Yr-to-date 2.4 1.8
2006 0.500 0.504
0.995 1 year 4.0 2.7
2007 0.523 0.504
Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Dec-08 Apr-09 Aug-09 Dec-09 Apr-10 Aug-10 2 years 12.4 5.8
2008 0.546 0.519
3 years 14.5 9.8
2009 0.577 0.545
MAA MCGP3 Fund MBB 12 mth FD 5 years - -
2010 Y-t-d 0.591 0.577
Fixed Income % of
Securities, Industrial 0%
Security Name
67.2% Equities, NAV
Agriculture 0%
7.6%
Property 0% Short-term MGS 35.4
Technology 0%
Finance 7% Malakoff MTNs 9.3
Water 13%
Power 27%
YTL Power MTN 9.2
Trading 0%
EON Bank Sub-Bonds 4.5
Cash & Government 53%
Deposits, Constructn 0% Ambank Senior Notes 4.4
25.1%
0% 10% 20% 30% 40% 50% 60%
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
cash dividend distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products
MAA Yield Guaranteed Fund August 2010
Cash Dividend Distribution Performance of MAA Yield Guaranteed Fund vs Total Performance Return to
(per unit held) 12 month Fixed Deposit 31/08/2010
2005 -
2006 - Absolute Return
1.135
2007 - 12 mth FD (%)
1.120
2008 -
1.105 12 mth
2009 - Fund
1.090 FD
Highest & Lowest Unit NAV 1.075 1 month 1.0 0.2
1.060 3 months 1.7 0.7
High Low 1.045 6 months 1.7 1.4
2005 0.508 0.500 1.030 Yr-to-date 2.5 1.8
MYGP
2006 0.527 0.507 1.015 1 year -5.2 2.7
2007 0.544 0.510 1.000 2 years 1.4 5.8
2008 0.529 0.509 Oct-05 Mar-06 Aug-06 Jan-07 Jun-07 Nov-07 Apr-08 Sep-08 Feb-09 Jul-09 Dec-09 May-10
3 years 2.7 9.8
2009 0.563 0.512 MAA MYGP Fund MBB 12 mth FD 5 years - -
2010 Y-t-d 0.525 0.514
% of
Fixed Income
Equities,
Security Name
Securities, Industrial 0.0% NAV
84.8% 12.2%
Government 57.1%
Short-term MGS 40.7
Trading 0.0%
Water 4.7% AmBank Senior Notes 16.0
Power 14.7%
Malakoff MTN 8.3
Finance 23.6%
Cash & Agriculture 0.0% YTL Power Bonds 4.1
Deposits,
3.0%
Infrastructure 0.0% EON Bank Sub-Bonds 4.0
0% 10% 20% 30% 40% 50% 60%
This fact sheet is prepared for information purposes only. It does not have regard to other investment objectives, financial situation and any particular needs of any specific person
who may receive it. Investors should also consider the investment risks and the fees and charges carefully. Fund performance has been calculated based on unit prices assuming
cash dividend distributions were reinvested. Past performance is not necessarily indicative of future performance. Price of units and distributions, if any, may go down as well as up.
Go to www.maa.com.my for more information on MAA’s Investment-Linked Products