FSM Islamic Managed Portfolio Conservative
October 2020
All data as of 30 September 2020
Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 30 September 2020 RM 11,365.32
Objective This portfolio aims to achieve capital preservation and provide an opportunity for capital appreciation. Total Profit / Loss 1365.32
Total Return 13.7%
Suitable For This portfolio is suitable for investors that seek for stable and steady returns over the short to medium term. Annualised Return 8.4%
Portfolio Performance Performance Chart and Asset Allocation
2019^ YTD 1M 6M 1Y 3Y* Since Inception 118
Portfolio 6.4% 6.9% -0.1% 9.2% 8.5% - 13.7% 113
Benchmark* 4.0% 3.0% 0.3% 2.0% 4.0% - 6.1%
108
Source: Bloomberg, iFAST compilations. Data as of 30 September 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
Apr-19
Apr-20
Oct-19
Nov-19
Dec-19
Mar-19
Jun-19
Jul-19
Aug-19
Sep-19
Jan-20
Mar-20
Sep-20
Feb-20
Jun-20
Jul-20
Aug-20
May-19
May-20
Kenanga ASnitaBOND Fund 21.4% 0.3% 5.6% 6.3% 6.2% 5.5% 2.6%
Maybank Malaysia Sukuk Fund 21.4% 0.1% 6.8% 7.2% 7.0% 6.4% 3.6%
AmanahRaya Syariah Trust Fund 21.4% 0.3% 7.2% 10.0% 8.2% 8.0% 2.7%
AmBon Islam 21.2% -0.3% 6.7% 5.6% 6.6% 5.1% 4.3%
Equity Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility 12.5%
Target
Aberdeen Standard Islamic World Equity Fund - Class A 5.2% -1.4% 26.9% 15.7% 6.1% 7.9% 13.2% 87.5%
PMB Shariah Premier Fund 1.3% -3.4% 48.3% 23.8% 9.4% 21.9% 18.8%
Eastspring Investments Dinasti Equity Fund 2.7% -4.0% 33.3% 36.5% 8.8% 23.1% 16.6% 14.6%
Current
85.4%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 5.4% 0.7% 31.9% 25.3% 5.1% 16.4% 16.4%
Source: Bloomberg, iFAST compilations. Data as of 30 September 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
Target underweight
Current in fix
Holding an overweight position in equities given the coordinated stimulus measures implemented by global Bonds 87.5% 85.4%
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% 85.4%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR was the best performing fund in the portfolio, Equities 12.5% 14.6%
•
surging 0.7%. Equities-Malaysia 1.2% 1.3%
Equities-Foreign 11.4% 13.3%
• Eastspring Investments Dinasti Equity Fund was the worst performing fund in the portfolio, delivering -4.0%.
Equities-Global 4.5% 5.2%
Equities-China 2.4% 2.7%
Equities-Asia ex-Japan 4.5% 5.4%
*weightage might not add up due to rounding
Portfolio Adjustments
Actions
• The portfolio removed Pacific Dana Murni.
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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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