FSM Islamic Managed Portfolio Conservative

January 2021
All data as of 31 December 2020

Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 31 December 2020 RM 11,530.77
Objective This portfolio aims to achieve capital preservation and provide an opportunity for capital appreciation. Total Profit / Loss 1530.77
Total Return 15.3%
Suitable For This portfolio is suitable for investors that seek for stable and steady returns over the short to medium term. Annualised Return 8.1%

Portfolio Performance Performance Chart and Asset Allocation

2019^ YTD 1M 6M 1Y 3Y* Since Inception 118

Portfolio 6.4% 8.4% 0.9% 4.9% 8.4% - 15.3% 113

Benchmark* 4.0% 4.0% 0.3% 2.0% 4.0% - 7.1%
108
Source: Bloomberg, iFAST compilations. Data as of 31 December 2020. Returns in MYR terms inclusive of any income or distribution reinvested.
*4% per annum is the absolute target return. ^Since inception on 15 Mar 2019. 103

Portfolio Holdings 98

Bond Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility 93

Nov-19
Jul-19
Aug-19

Dec-19

Jul-20
Aug-20
Sep-20

Nov-20
Dec-20
Sep-19
Mar-19

May-19

Mar-20

May-20
Jun-19

Jan-20

Jun-20
Apr-19

Feb-20
Oct-19

Apr-20

Oct-20
Kenanga ASnitaBOND Fund 21.1% 0.1% 2.2% 5.7% 5.9% 5.7% 2.7%

Maybank Malaysia Sukuk Fund 21.0% 0.2% 2.5% 6.4% 6.7% 6.4% 3.6%

AmanahRaya Syariah Trust Fund 21.3% 0.2% 3.4% 9.3% 8.3% 9.3% 2.7%

AmBon Islam 20.9% 0.6% 2.5% 5.0% 6.3% 5.0% 4.4%

Equity Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility 12.5%

Target
Aberdeen Standard Islamic World Equity Fund - Class A 5.6% 2.9% 15.7% 16.6% 8.9% 16.6% 13.9% 87.5%

PMB Shariah Premier Fund 1.3% -4.1% 13.4% 17.7% 3.8% 17.7% 18.7%

Eastspring Investments Dinasti Equity Fund 2.9% 6.7% 25.5% 38.4% 12.3% 38.4% 16.8% 15.8%
Current
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 6.0% 8.1% 31.6% 32.9% 9.4% 32.9% 16.6% 84.2%
Source: Bloomberg, iFAST compilations. Data as of 31 December 2020. Returns in MYR terms inclusive of any income or distribution reinvested.
#Annualised 0% 20% 40% 60% 80% 100%
Equity Portfolio Bond Portfolio

Commentary Intra-Asset Allocation

Holding an overweight position in equities, given our expectations of strong earnings forecasts. Remain
Targetunderweight
Current in fix
Portfolio Holding an overweight position in equities given the coordinated stimulus measures implemented by global Bonds 87.5% 84.2%
• central banks and governments to support economic recovery. Remain underweight in fixed income due to
the low interest rate outlook. Bonds-Malaysia 87.5% 84.2%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR was the best performing fund in the portfolio, Equities 12.5% 15.8%
•
surging 8.1%. Equities-Malaysia 1.2% 1.3%
Equities-Foreign 11.4% 14.5%
• PMB Shariah Premier Fund was the worst performing fund in the portfolio, delivering -4.1%.
Equities-Global 4.5% 5.6%
Equities-China 2.4% 2.9%
Equities-Asia ex-Japan 4.5% 6.0%
*weightage might not add up due to rounding

Portfolio Adjustments

Actions
• No portfolio adjustments were made during the period.

This article is not to be construed as an offer or solicitation for the subscription, purchase or sale of any fund. No investment decision should be taken without first viewing a fund's prospectus and if necessary, consulting with financial or other professional advisers. Any advice herein is made on a general basis and does not take into account the specific
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income from them may fall as well as rise. 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. Where a unit split is declared, investors should be highlighted of the fact
that the value of their investment will remain unchanged after the distribution of the additional units. All applications for unit trusts must be made on the application form accompanying the prospectus. The prospectuses can be obtained from Fundsupermart.com. Opinions expressed herein are subject to change without notice. Please read our disclaimer in
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