FSM Islamic Managed Portfolio Moderately Conservative

July 2020
All data as of 30 June 2020

Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 30 June 2020 RM 10,976.13
Objective This portfolio aims to achieve stable return and provide an opportunity for capital appreciation. Total Profit / Loss 976.13
Total Return 9.8%
Suitable For This portfolio is suitable for investors that have below average risk tolerance and seek for stable and steady returns over the short to Annualised Return 7.2%
medium term.

Portfolio Performance Performance Chart and Asset Allocation

2019^ YTD 1M 6M 1Y 3Y* Since Inception 111
109
Portfolio 6.5% 3.0% 1.1% 3.0% 7.2% - 9.8%
107
Benchmark* 6.5% 3.2% 0.5% 3.2% 6.5% - 8.2% 105
Source: Bloomberg, iFAST compilations. Data as of 30 June 2020. Returns in MYR terms inclusive of any income or distribution reinvested. 103
101
*5% per annum is the absolute target return. ^Since inception on 15 Mar 2019.
99
Portfolio Holdings 97
95
Bond Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility 93

Dec-19
Jul-19

Sep-19

Nov-19
May-19

Aug-19

May-20
Mar-19

Mar-20

Jun-20
Jun-19

Jan-20
Feb-20
Apr-19

Oct-19

Apr-20
Kenanga ASnitaBOND Fund 16.9% 0.2% 3.4% 6.4% 5.8% 3.4% 2.6%

Maybank Malaysia Sukuk Fund 16.8% -0.1% 3.8% 7.4% 6.5% 3.8% 3.5%

AmanahRaya Syariah Trust Fund 16.9% 0.4% 5.8% 11.2% 7.9% 5.8% 2.7%

Pacific Dana Murni 16.3% -0.3% 2.5% 5.0% 4.7% 2.5% 2.4%

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

32.5%
Aberdeen Standard Islamic World Equity Fund - Class A 8.1% 2.4% 0.8% 7.8% 4.5% 0.8% 12.9% Target
67.5%
Principal DALI Global Equity Fund 4.5% 0.4% -2.6% 3.3% - -2.6% -

PMB Shariah Premier Fund 3.0% 1.0% 3.8% 4.0% 3.5% 3.8% 15.0%

Eastspring Investments Dinasti Equity Fund 3.4% 8.4% 10.2% 23.7% 8.4% 10.2% 15.6%
33.0%
Eastspring Investments Islamic Small-Cap Fund 1.7% 1.3% -6.0% -0.5% -0.7% -6.0% 19.4% Current
67.0%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 12.3% 4.3% 1.0% 6.4% 3.0% 1.0% 14.9%
Source: Bloomberg, iFAST compilations. Data as of 30 June 2020. Returns in MYR terms inclusive of any income or distribution reinvested.
0% 20% 40% 60% 80%
#Annualised
Equity Portfolio Bond Portfolio

Commentary
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 improving global outlook due to the lifting of movement Bonds 67.5% 67.0%
•
controls across the world. Remain underweight in fixed income due to the low interest rate outlook. Bonds-Malaysia 67.5% 67.0%
Equities 32.5% 33.0%
• Eastspring Investments Dinasti Equity Fund was the best performing fund in the portfolio, surging 8.4%.
Equities-Malaysia 4.8% 4.7%
Equities-Foreign 27.8% 28.3%
• Pacific Dana Murni was the worst performing fund in the portfolio, delivering -0.3%.
Equities-Global 12.5% 12.6%
Equities-China 3.3% 3.4%
Equities-Asia ex-Japan 12.0% 12.3%
*weightage might not add up due to rounding

Portfolio Adjustments

Actions
• Reduced Equity overweight from 5% to 2.5%

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