FSM Islamic Managed Portfolio Conservative

February 2021
All data as of 31 January 2021

Introduction Information
Launch Date 15-Mar-19 Initial Investment RM 10,000.00
Value as of 31 January 2021 RM 11,604.07
Objective This portfolio aims to achieve capital preservation and provide an opportunity for capital appreciation. Total Profit / Loss 1604.07
Total Return 16.0%
Suitable For This portfolio is suitable for investors that seek for stable and steady returns over the short to medium term. Annualised Return 8.1%

Portfolio Performance Performance Chart and Asset Allocation

2020 2019^ YTD 1M 6M 1Y 3Y* Since Inception 118

Portfolio 8.4% 6.4% 0.6% 0.6% 2.6% 8.1% - 16.0% 113

Benchmark* 4.0% 3.3% 0.3% 0.3% 2.0% 4.0% - 7.5%
108
Source: Bloomberg, iFAST compilations. Data as of 31 January 2021. 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

Oct-20
Nov-20
Dec-20
Jun-20
Jun-19

Aug-19
Sep-19

Jan-20

Aug-20
Sep-20
Mar-19

Jul-19

Feb-20
Mar-20

Jul-20

Jan-21
May-19

May-20
Kenanga ASnitaBOND Fund 17.8% 0.3% 1.0% 4.3% 5.9% 0.3% 2.7%

Maybank Malaysia Sukuk Fund 17.7% 0.3% 0.9% 4.8% 6.7% 0.3% 3.6%

AmanahRaya Syariah Trust Fund 18.0% 0.3% 2.4% 7.9% 8.2% 0.3% 2.7%

Affin Hwang Aiiman Income Plus Fund 15.1% 0.1% -0.2% 2.9% 5.8% 0.1% 4.2%

AmBon Islam 17.6% 0.3% -0.1% 3.2% 6.2% 0.3% 4.4% 12.5%
Target
Equity Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility 87.5%
Aberdeen Standard Islamic World Equity Fund - Class A 4.6% -0.9% 10.2% 17.1% 8.5% -0.9% 13.9%

PMB Shariah Premier Fund 1.1% 6.8% 1.1% 28.9% 5.3% 6.8% 19.0%
13.7%
Eastspring Investments Dinasti Equity Fund 2.6% 6.7% 20.7% 54.1% 14.2% 6.7% 17.2% Current
86.3%
Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 5.3% 3.9% 20.5% 43.0% 9.8% 3.9% 16.7%
Source: Bloomberg, iFAST compilations. Data as of 31 January 2021. Returns in MYR terms inclusive of any income or distribution reinvested.
0% 20% 40% 60% 80% 100%
#Annualised
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% 86.3%
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% 86.3%
Equities 12.5% 13.7%
• PMB Shariah Premier Fund was the best performing fund in the portfolio, surging 6.8%.
Equities-Malaysia 1.2% 1.1%
Aberdeen Standard Islamic World Equity Fund - Class A was the worst performing fund in the portfolio, Equities-Foreign 11.4% 12.6%
•
delivering -0.9%. Equities-Global 4.5% 4.6%
Equities-China 2.4% 2.6%
Equities-Asia ex-Japan 4.5% 5.3%
*weightage might not add up due to rounding

Portfolio Adjustments

Actions
• No portfolio adjustments were made during the period.

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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
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