ASN Equity Global March 2024
FUND OVERVIEW Novagni Category
EQUITY: GLOBAL
Investment Objective
To provide investors with capital growth opportunities through investment in securities primarily in the global equity Benchmark
market. 90% MSCI ACWI Islamic and 10% Maybank 1-Month Fixed
Deposit
Potential Investor
ASN Equity Global is suitable for investors whom:
As at 29 February 2024
• Have high risk tolerance;
Total NAV RM619.76 million
• Have preference for capital appreciation;
• Have preference to have investment with global exposure; and Unit in Circulation 0.57 billion units
• Understand the risks and returns profile of investing in local and global capital market. NAV per unit RM1.0888
MARKET REVIEW High/Low NAV per unit
As at end February 2024, the fund reported an annualised return of 27.20%, over a 1-year basis, outperforming its benchmark´s 21.82% return. High (RM) Low (RM)
Global markets continued its positive trend in February, with the FTSE All-World Index rising to 4.24%. Year-to-date, global markets have seen 3 month 1.0898 0.9499
an overall positive performance of 4.87%. Americas was the best performing region in February, with the FTSE America Index up 5.07%. The 6 month 1.0898 0.9119
highest performing country index for the month was FTSE Israel Index at 9.79%. Conversely, the worst performing country index was the FTSE
1 year 1.0898 0.8464
Egypt Index, finishing the month down at -15.12%. Malaysia’s KLCI registered a positive performance for the fifth consecutive month, with the
index climbing up 38.46 index points or 2.54%. Within the size segments of the FTSE Bursa Malaysia EMAS Index, KLCI was the best
performer in the FTSE Bursa Malaysia Index Series, overshadowing the poor performance of FTSE Bursa Malaysia Small Cap Index of 0.35%.
Income Distribution Declared
The FTSE Bursa Malaysia EMAS Index rose 2.21%. The top ten constituents of the FTSE Bursa Malaysia KLCI account for 62.47% of the
index, as compared to 43.94% for FTSE Bursa Malaysia EMAS Index and 18.03% for the FTSE Bursa Malaysia Small Cap Index. Energy was
Year Net (sen per unit) Yield (%)
the best performing sector in the FTSE Bursa Malaysia KLCI Index, registering 7.03% with Consumer Discretionary being the second-best 2023 N/A N/A
performer at 6.36%. Conversely, Health Care was the worst performing sector followed by Communication Services, at 0.82% and 1.21% 2022 N/A N/A
respectively. With an index weighting of 42.12% and 7 constituents, Financials is the largest industry in the FTSE Bursa Malaysia KLCI. This
compares to a weight of 30.96% and 11 constituents in the FTSE Bursa Malaysia EMAS Index. Industrial Goods & Services is the largest 2021 N/A N/A
industry in the FTSE Bursa Malaysia Small Cap with an index weighting of 16.26% and 30 constituents. Source: Novagni Analytics and Advisory Sdn Bhd
FUND FACTS
Source: Novagni Analytics and Advisory Sdn Bhd
FUND PERFORMANCE Fund Category Equity
Fund and Benchmark Performance Type Growth
Cumulative Returns (%) Annualised Returns (%) Launch Date 01 September 2021
Since Since Financial Year End 31-Dec
6 months 1 year 3 years 5 years 3 years 5 years
Inception Inception Investment Manager Permodalan Nasional Berhad
Fund 14.20 27.20 - - 8.88 - - 3.47 Trustee AmanahRaya Trustees Berhad
Benchmark 9.65 21.82 - - 12.86 - - 4.97 Min. Initial Investment RM10
Source Fund: Novagni Analytics and Advisory Sdn Bhd and Source Benchmark: Permodalan Nasional Berhad Min. Additional Investment RM1
^Effective 1st April 2023, the benchmark has been changed to 90% MSCI ACWI Islamic and 10% Maybank 1-Month Fixed Deposit.
Max. Additional Investment Unlimited
1 Year Growth Total Return from 28 February 2023 to 29 February 2024 Sales Charge Up to 5% of the NAV per unit
30 Redemption Charge None
Redemption Period Within seven (7) business days upon
25
receipt of repurchase request as disclosed
Growth Total Return (%)
20 in the Guidelines on Unit Trust Funds.
15 Form of Investment Cash/cash equivalent
10 Switching Fee Difference between sales charge of the
(to other Variable Price funds) Funds switched out, subject to the
5 minimum charge of RM25 per transaction
0 Switching Fee Nil
(to Fixed Price funds)
-5
Feb 23 Apr 23 Jun 23 Aug 23 Oct 23 Dec 23 Feb 24 Transfer Fee Up to RM15 per transaction
ASN Equity Global 90% MSCI ACWI Islamic and 10% Maybank 1-Month Fixed Deposit Management Fee Up to a maximum of 1.0% per annum of
the NAV, calculated and accrued daily
The value of units may go down as well as up. Past performance is not indicative of future performance.
Source Fund: Novagni Analytics and Advisory Sdn Bhd and Source Benchmark: Permodalan Nasional Berhad Trustee Fee 0.08% per annum of NAV, calculated and
accrued daily
PORTFOLIO INFORMATION
Top 10 Holdings# Sector Allocation#
Microsoft Corporation 9.91% Information Technology 40.54%
TSMC 4.59% ETF 14.21%
Meta Platforms Inc Class A 3.42% Health Care 11.26%
Salesforce, Inc. 3.19% Communication Services 6.59%
Alphabet Inc. Class A 3.18% Energy 5.41%
Intuit Inc. 3.17% Financials 5.34%
Advanced Micro Devices, Inc. 2.95% Consumer Staples 5.10%
Amazon.com, Inc. 2.88% Cash & Others 4.96%
SK hynix Inc. 2.78% Industrials 3.70%
Coca-Cola Company 2.76% Consumer Discretionary 2.87%
#
As percentage of NAV. The sector allocation is based on GICS sector classification. Please note that all figures are subject to frequent changes on a
daily basis.
Source: Amanah Saham Nasional Berhad
Where a distribution is declared, investors are advised that following the distribution, the NAV per unit will be reduced from cum-distribution NAV to ex-distribution NAV.
The Master Prospectus of ASNB dated 1 February 2020, the First Supplementary Master Prospectus dated 20 October 2021, the Second Supplementary Master Prospectus dated 1 April 2023, the Third Supplementary Master
Prospectus dated 1 December 2023, the Prospectus of ASN Imbang (Mixed Asset Balanced) 3 Global dated 16 September 2020, the First Supplementary Prospectus of ASN Imbang (Mixed Asset Balanced) 3 Global dated 20 October
2021, the Second Supplementary Prospectus of ASN Imbang (Mixed Asset Balanced) 3 Global dated 1 April 2023, the Third Supplementary Prospectus of ASN Imbang (Mixed Asset Balanced) 3 Global dated 1 December 2023, the
Prospectus of ASN Equity Global dated 1 September 2021, the First Supplementary Prospectus of ASN Equity Global dated 1 April 2023, the Second Supplementary Prospectus of ASN Equity Global dated 1 December 2023, the
Prospectus of ASN Sukuk dated 25 November 2022 and the First Supplementary Prospectus of ASN Sukuk dated 1 April 2023 (“Prospectuses”), have been registered with the Securities Commission Malaysia (“SC”). Please read and
understand the content of the Prospectuses together with the Product Highlights Sheets which are available at the ASNB website (www.asnb.com.my), branches and agents. The unit will be issued upon receipt of the registration form
referred to and accompanying the Prospectuses. Before investing, please consider the risk of investing as well as the fees and charges involved. Unit prices and distribution payable, if any, may go down as well as up. The past
performance of a fund should not be taken as indicative of its future performance.
Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices.
None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not
be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this
information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without
limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall
any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)
The blended returns are calculated by Permodalan Nasional Berhad using end of day index level values licensed from MSCI (“MSCI Data”). For the avoidance of doubt, MSCI is not the benchmark “administrator” for, or a “contributor”,
“submitter” or “supervised contributor” to, the blended returns, and the MSCI Data is not considered a “contribution” or “submission” in relation to the blended returns, as those terms may be defined in any rules, laws, regulations,
legislation or international standards. MSCI Data is provided “AS IS” without warranty or liability and no copying or distribution is permitted. MSCI does not make any representation regarding the advisability of any investment or strategy
and does not sponsor, promote, issue, sell or otherwise recommend or endorse any investment or strategy, including any financial products or strategies based on, tracking or otherwise utilizing any MSCI Data, models, analytics or
other materials or information.
Investors who wish to know the key features of a specific unit trust fund of ASNB may request the Product Highlights Sheet issued by ASNB at any office of ASNB, agents and website.
Sales & Marketing Operations
25th Floor, Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur Tel: 03-2050 5812 Fax: 03-2050 5790
Email: salesupport@pnb.com.my Website: www.asnb.com.my
