Page 28 - 2Q2021 RETAIL WEALTH ADVISORY Playbook

Alternatives/Tactical
Fund Name Geography Deliberation

Manulife Shariah REITS - Global  The fund is incepted since Mar 2019 with MYR 243.4mil AUM.
Global REIT Fund  The fund provides investors with exposure to Islamic real
(S) estate across the globe.
 Optimism on the roll out of COVID-19 vaccines and continued
accommodative policies from central banks around the world
give confirmation to fund manager’s positive outlook on the
Shariah Global REITs sector.
 The fund manager thinks that the near-term pressure on real
estate fundamentals could ease in the coming quarters as the
global economy recovers.
 The fund manager is on the hunt for opportunities that trade
at significant discounts to their NAVs.
 Year-to-date, the fund has delivered 8.3% return. (MYR Class,
31 Mar 2021)
Manulife REITS - Asia  Launched in Jun 2007 with MYR 602.8mil AUM.
Investment Asia-  The fund can invest in REITs and infrastructure funds that are
Pacific REIT Fund listed on Asia-Pacific stock exchanges.
 The fund manager places emphasis on the underlying property
of the REIT, performance of the REIT manager and its rental
yields.
 The fund has exposure to various REITs sectors, and may be
able to benefit from the ongoing reopening of economies and
the subsequent economic recovery.
 The fund is positioned into selected names in retail sector with
superior asset quality.
 The fund recorded an annualised return of 6.0% and 7.6% over
the past 3 and 5 years, respectively (MYR, 31 Mar 2021).
Maybank Singapore REITS -  The fund is incepted since Sep 2018 with MYR 211.4mil AUM.
REITs Fund Singapore  The fund aims to deliver an absolute return of 5% per annum
by investing into a basket of listed Singapore REITs.
 The fund manager has been buying industrial REITs given its
attractive valuation after the recent sell down, and have also
gained exposure to retail REITs which are expected to benefit
from the easing of social distancing restriction.
 Currently, Singapore REITs yield has a spread of about 4.7%
against government bonds, which can help cushion against
unexpected short-term inflation.
 Year-to-date, the fund has delivered 2.7% return. Since
inception, the fund has recorded return of 25.4%. (MYR Class,
31 Mar 2021)

RHB Big Cap China Equity - China  The fund is launched in Dec 2007 with MYR 698.8mil AUM.
Enterprise Fund  The fund provides exposure to companies whose businesses are
in China, with at least 50% of business operation located in
China or 50% of revenues derived from China. As such, these
companies may be listed in non-China markets (e.g. US,
London or Singapore).
 The fund manager adopted a defensive positioning in the last
week of February in response to market concerns over the
steepening of yield curve, and has been deploying into key
structural themes (new economy, digitalisation, consumption,

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