Page 23 - 2Q2021 RETAIL WEALTH ADVISORY Playbook

Fund Name Geography Deliberation

 The fund offers exposure to global fixed income, where the
fund manager manages the portfolio based on a total return
approach of 6.5% per annum.
 While the fund has a global reach, the fund manager primarily
invests in Asian and emerging market bonds while taking active
positions in both local and hard currency bonds.
 The fund manager prefers high yield over investment grade in
a rising yield environment, and expects the yield curve to
steepen going forward.
 The fund recorded an annualised return of 8.2% and 6.8% over
the past 3 and 5 years, respectively (MYR Class, 31 Mar 2021).
Nomura Global Global  The fund feeds into its regional counterpart’s target fund
Dynamic Bond Fund domiciled in Ireland, incepted since Jan 2015 with USD 3.6bil
(W) AUM.
 The fund aims to provide investors with a combination of
income and growth through a broad range of debt securities.
 Investment strategy revolves around asset allocation,
directionality of interest rates and debt markets as well as
relative value.
 The fund manager may deploy long and short positions within
the portfolio.
 The fund has a flexible and dynamic allocation between cash,
bonds and derivatives to control cost and maximise protection.
 The target fund recorded an annualised return of 9.2% and
8.6% over the past 3 and 5 years, respectively (USD, 31 Mar
2021).

Affin Hwang Select Asia  The fund is incepted since Jul 2003 with close to MYR 3bil
Bond Fund AUM.
 The fund manager has a strong track record in managing fixed
income mandates, which has witnessed no defaults since 2003.
 The fund manager seeks potential credit upgrade issues and
avoids potential downgrade to maximise return to investors.
 The strategy also considers interest rate outlook over the
medium to long-term, along with relative return analysis for
securities identification.
 The fund recorded an annualised return of 5.5% and 5.3% over
the past 3 and 5 years, respectively (MYR Class, 31 Mar 2021).
Source: Fund factsheets from respective funds, asset management company websites | Apr 2021

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