FSM Islamic Managed Portfolio Conservative

May 2021
All data as of 30 April 2021

Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 30 April 2021 RM 11,500.19
Objective This portfolio aims to achieve capital preservation and provide an opportunity for capital appreciation. Total Profit / Loss 1500.19
Total Return 15.0%
Suitable For This portfolio is suitable for investors that seek for stable and steady returns over the short to medium term. Annualised Return 6.7%

Portfolio Performance Performance Chart and Asset Allocation

2020 2019^ YTD 1M 6M 1Y 3Y* Since Inception
118
Portfolio 8.4% 6.4% -0.3% 1.3% 0.8% 6.3% - 15.0%
Benchmark* 4.0% 4.3% 1.3% 0.3% 2.0% 4.0% - 8.5% 113
Source: Bloomberg, iFAST compilations. Data as of 30 April 2021. Returns in MYR terms inclusive of any income or distribution reinvested.
108
*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

Kenanga ASnitaBOND Fund 18.0% 0.8% -1.2% 2.0% 5.1% -1.1% 3.0% 93

Nov-19

Nov-20
Mar-19

Mar-20

Mar-21
Sep-19

Jan-20

Sep-20

Jan-21
May-19
Jul-19

May-20
Jul-20
Maybank Malaysia Sukuk Fund 17.8% 1.2% -2.3% 0.9% 5.6% -2.0% 4.2%

AmanahRaya Syariah Trust Fund 18.3% 1.0% 0.8% 5.3% 8.0% 0.4% 2.9%

Affin Hwang Aiiman Income Plus Fund 15.3% 1.1% -3.0% -0.8% 4.6% -2.7% 4.6%

AmBon Islam 17.9% 1.2% -2.3% 0.8% 5.2% -1.9% 4.8%

12.5%
Equity Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility Target
87.5%
Aberdeen Standard Islamic World Equity Fund - Class A 4.8% 3.9% 18.3% 34.9% 12.8% 7.1% 13.7%

PMB Shariah Premier Fund 0.5% 0.7% 0.5% 37.3% 6.1% 4.4% 19.0%

Eastspring Investments Dinasti Equity Fund 1.4% 3.3% 13.3% 45.5% 16.2% 5.0% 17.1%
12.7%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 5.0% 1.9% 21.0% 47.9% 13.2% 7.7% 16.3% Current
87.3%
RHB I-Global Sustainable Disruptors - MYR Hedged 1.0% 3.3% - - - - -
Source: Bloomberg, iFAST compilations. Data as of 30 April 2021. Returns in MYR terms inclusive of any income or distribution reinvested.
0% 20% 40% 60% 80% 100%
#Annualised
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 fi
Holding an overweight position in equities given the coordinated stimulus measures implemented by global Bonds 87.5% 87.3%
Portfolio
• central banks and governments to support economic recovery. Remain underweight in fixed income due to the
low interest rate outlook. Bonds-Malaysia 87.5% 87.3%
Aberdeen Standard Islamic World Equity Fund - Class A was the best performing fund in the portfolio, surging Equities 12.5% 12.7%
•
3.9%. Equities-Malaysia 0.5% 0.5%
Equities-Foreign 12.0% 12.3%
• PMB Shariah Premier Fund was the worst performing fund in the portfolio, delivering 0.7%.
Equities-Global 4.5% 4.8%
Equities-China 1.5% 1.4%
Equities-Technology 1.0% 1.0%
Equities-Asia ex-Japan 5.0% 5.0%

Portfolio Adjustments *weightage might not add up due to rounding

Actions The portfolio added Technology as a core holding in February via RHB I-Global Sustainable Disruptors - MYR
•
Hedged. Technology is one of the fastest growing sector globally with attractive long-term growth.

The portfolio also replaced Principal DALI Global Equity Fund with RHB Islamic Global Developed Market
• Fund in February.

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
investment objectives of the specific person or group of persons. Amongst others, investors should consider the fees and charges involved. The relevant prospectuses have been registered with the Securities Commission. Past performance and any forecast is not necessarily indicative of the future or likely performance of the fund. The value of units and
the 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
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