FSM Islamic Managed Portfolio Moderately 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 12,088.21
Objective This portfolio aims to achieve stable return and provide an opportunity for capital appreciation. Total Profit / Loss 2088.21
Total Return 20.9%
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 10.4%
medium term.

Portfolio Performance Performance Chart and Asset Allocation

2020 2019^ YTD 1M 6M 1Y 3Y* Since Inception 123

Portfolio 12.2% 6.5% 1.1% 1.1% 5.3% 13.2% - 20.9% 118

Benchmark* 5.0% 4.1% 0.4% 0.4% 2.5% 5.0% - 9.4% 113
Source: Bloomberg, iFAST compilations. Data as of 31 January 2021. Returns in MYR terms inclusive of any income or distribution reinvested.
108
*5% 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

Dec-19

Nov-20
Jul-19
Aug-19

Nov-19

Jan-20
Feb-20

Jun-20

Dec-20
Jun-19

Sep-19

Jan-21
May-20

Jul-20
Aug-20
Sep-20
May-19

Oct-20
Mar-19

Oct-19

Mar-20
Apr-19

Apr-20
Kenanga ASnitaBOND Fund 16.4% 0.3% 1.0% 4.3% 5.9% 0.3% 2.7%

Maybank Malaysia Sukuk Fund 16.4% 0.3% 0.9% 4.8% 6.7% 0.3% 3.6%

AmanahRaya Syariah Trust Fund 16.6% 0.3% 2.4% 7.9% 8.2% 0.3% 2.7%

Affin Hwang Aiiman Income Plus Fund 6.2% 0.1% -0.2% 2.9% 5.8% 0.1% 4.2%

AmBon Islam 9.6% 0.3% -0.1% 3.2% 6.2% 0.3% 4.4%

32.5%
Equity Fund Weight (%) 1M 6M 1Y 3Y# YTD 3Y Volatility
Target
Aberdeen Standard Islamic World Equity Fund - Class A 8.1% -0.9% 10.2% 17.1% 8.5% -0.9% 13.9% 67.5%

Principal DALI Global Equity Fund 4.6% 1.1% 9.2% 15.5% 7.1% 1.1% 13.6%

PMB Shariah Premier Fund 1.9% 6.8% 1.1% 28.9% 5.3% 6.8% 19.0%

Eastspring Investments Dinasti Equity Fund 4.7% 6.7% 20.7% 54.1% 14.2% 6.7% 17.2% 34.8%
Current
Eastspring Investments Islamic Small-Cap Fund 1.0% -2.7% -5.0% 3.0% -0.4% -2.7% 21.0% 65.2%

Principal Islamic Asia Pacific Dynamic Equity Fund - MYR 14.5% 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%
#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 fixed in
Portfolio Holding an overweight position in equities given the coordinated stimulus measures implemented by global Bonds 67.5% 65.2%
• central banks and governments to support economic recovery. Remain underweight in fixed income due to
the low interest rate outlook. Bonds-Malaysia 67.5% 65.2%
Equities 32.5% 34.8%
• PMB Shariah Premier Fund was the best performing fund in the portfolio, surging 6.8%.
Equities-Malaysia 3.2% 3.0%
Eastspring Investments Islamic Small-Cap Fund was the worst performing fund in the portfolio, delivering - Equities-Foreign 29.4% 31.8%
•
2.7%. Equities-Global 12.5% 12.7%
Equities-China 4.3% 4.7%
Equities-Asia ex-Japan 12.6% 14.5%
*weightage might not add up due to rounding

Portfolio Adjustments

Actions
• No portfolio adjustments were made during the period.

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
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