FSM Islamic Managed Portfolio Conservative

December 2019
All data as of 30 November 2019

Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 30 November 2019 RM 10,519.22
Objective This portfolio aims to achieve capital preservation and provide an opportunity for capital appreciation. Total Profit / Loss 519.22
Total Return 5.2%
Suitable For This portfolio is suitable for investors that seek for stable and steady returns over the short to medium term. Annualised Return N/A

Portfolio Performance Performance Chart and Asset Allocation

YTD 1M 6M 1Y 3Y* Since Inception

Portfolio 5.2% 0.4% 3.2% - - 5.2%

Benchmark* 2.6% 0.3% 2.0% - - 2.6%
Performance Chart is not available
Source: Bloomberg, iFAST compilations. Data as of 30 November 2019. Returns in MYR terms inclusive of any income or distribution reinvested.
as fund is less than one year
*4% per annum is the absolute target return

Portfolio Holdings
Bond Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility
Libra AsnitaBond Fund 17.9% 0.2% 3.3% 7.5% 5.7% 5.8% 1.1%
RHB Islamic Bond Fund 17.5% 0.5% -1.7% 3.2% 4.3% 1.1% 2.9%
AmanahRaya Syariah Trust Fund 18.1% 0.4% 4.9% 9.9% 6.8% 7.8% 1.2% 15.0%
Pacific Dana Murni 17.8% 0.2% 2.6% 6.1% 4.8% 4.3% 0.9% Target
85.0%
AmBon Islam 12.9% 0.3% 3.8% 9.1% 6.3% 7.0% 1.6%
Equity Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility
Aberdeen Standard Islamic World Equity Fund - Class A 5.8% 2.9% 10.0% 11.7% 6.0% 10.1% 9.4%
PMB Shariah Premier Fund 1.9% -2.2% 0.1% -4.0% 5.9% 1.0% 7.7% 15.7%
Current
Eastspring Investments Dinasti Equity Fund 2.2% 0.2% 12.3% 11.4% 8.2% 6.6% 13.7% 84.3%
CIMB Islamic Asia Pacific Equity Fund - MYR 5.8% 0.7% 7.3% 8.4% 5.3% 4.0% 12.7%
Source: Bloomberg, iFAST compilations. Data as of 30 November 2019. Returns in MYR terms inclusive of any income or distribution reinvested. 0% 20% 40% 60% 80% 100%
#Annualised
Equity Portfolio Bond Portfolio

Commentary
Holding an overweight position in equities, given our expectations of strong earnings forecasts. Remain
Target underweight
Current in fix
Portfolio Holding an overweight position in equities, given our expectations of strong earnings forecasts. Remain Bonds 85.0% 84.3%
•
underweight in fixed income due to lack of opportunity within this space.
Bonds-Malaysia 85.0% 84.3%
Aberdeen Standard Islamic World Equity Fund - Class A was the best performing fund in the portfolio, Equities 15.0% 15.7%
•
surging 2.9%. Equities-Malaysia 2.0% 1.9%
Equities-Foreign 13.0% 13.8%
• PMB Shariah Premier Fund was the worst performing fund in the portfolio, delivering -2.2%.
Equities-Global 5.5% 5.8%
Equities-China 2.0% 2.2%
Equities-Asia ex-Japan 5.5% 5.8%
*weightage might not add up due to rounding

Portfolio Adjustments

Actions
• No portfolio adjustments were taken during the month.

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