FSM Islamic Managed Portfolio Moderately Conservative

May 2020
All data as of 30 April 2020

Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 30 April 2020 RM 10,670.95
Objective This portfolio aims to achieve stable return and provide an opportunity for capital appreciation. Total Profit / Loss 670.95
Total Return 6.7%
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 5.7%
medium term.

Portfolio Performance Performance Chart and Asset Allocation

2019^ YTD 1M 6M 1Y 3Y* Since Inception 109
107
Portfolio 6.5% 0.2% 5.2% 2.3% 5.0% - 6.7%
105
Benchmark* 6.5% 2.1% 0.5% 3.2% 6.5% - 7.1%
103
Source: Bloomberg, iFAST compilations. Data as of 30 April 2020. Returns in MYR terms inclusive of any income or distribution reinvested.
101
*5% per annum is the absolute target return. ^Since inception on 15 Mar 2019. 99
97
Portfolio Holdings
95
Bond Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility 93

Dec-19
Jul-19
Aug-19

Nov-19
Sep-19
Mar-19

May-19

Jan-20

Mar-20
Jun-19

Feb-20
Apr-19

Oct-19

Apr-20
Kenanga ASnitaBOND Fund 16.5% 2.6% 3.1% 7.2% 5.7% 2.5% 2.6%

RHB Islamic Bond Fund 16.6% 2.9% 4.6% 3.6% 4.4% 3.0% 3.8%

AmanahRaya Syariah Trust Fund 16.7% 3.5% 5.8% 12.0% 7.7% 4.3% 2.7%

Pacific Dana Murni 13.6% 2.4% 2.9% 6.1% 4.9% 2.4% 2.3%

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

35.0%
Aberdeen Standard Islamic World Equity Fund - Class A 8.9% 8.8% -2.2% 1.3% 2.1% -7.4% 12.4% Target
65.0%
Principal DALI Global Equity Fund 5.1% 8.1% -2.6% 0.1% - -6.2% -

PMB Shariah Premier Fund 3.1% 8.9% -10.1% -8.4% -0.5% -10.5% 12.4%

Eastspring Investments Dinasti Equity Fund 3.6% 8.2% 5.4% 8.2% 6.7% 0.0% 15.0%
36.6%
Eastspring Investments Islamic Small-Cap Fund 2.2% 16.2% -13.0% -8.4% - -13.5% - Current
63.4%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 13.7% 9.7% 1.3% 1.5% 3.0% -3.2% 14.8%
Source: Bloomberg, iFAST compilations. Data as of 30 April 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 our expectations of strong earnings forecasts. Remain Bonds 65.0% 63.4%
•
underweight in fixed income due to lack of opportunity within this space.
Bonds-Malaysia 65.0% 63.4%
Equities 35.0% 36.6%
• Eastspring Investments Islamic Small-Cap Fund was the best performing fund in the portfolio, surging 16.2%.
Equities-Malaysia 5.0% 5.3%
Equities-Foreign 30.0% 31.3%
• Pacific Dana Murni was the worst performing fund in the portfolio, delivering 2.4%.
Equities-Global 13.5% 14.0%
Equities-China 3.5% 3.6%
Equities-Asia ex-Japan 13.0% 13.7%
*weightage might not add up due to rounding

Portfolio Adjustments

Actions The portfolio replaced the global equity exposure BIMB-Arabesque I Global Dividend Fund 1 - MYR due to
• it's high cash holdings which could drag the fund's performance when equity outlook improves. The fund is
replaced with Principal DALI Gobal Equity Fund.

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 disclaimer in
the website.