Page 29 - 2Q2021 RETAIL WEALTH ADVISORY Playbook

Fund Name Geography Deliberation

industrial upgrades and clean energy) that were oversold to
attractive price levels.
 The fund recorded an annualised return of 12.9% and 16.8%
over the past 3 and 5 years, respectively (MYR, 31 Mar 2021).

Eastspring Equity – China  Fund is launched in Oct 2009 with MYR 1.2bil AUM.
Investments Dinasti  The fund provides exposure to the companies based in Greater
Equity Fund (S) China region, which consists of China, Taiwan and Hong Kong.
 The fund is benchmark agnostic, which follows a disciplined,
valuation-driven and research-driven investment style.
 The fund manager seeks to invest in Shariah-compliant
companies with relevant potential earnings catalyst that could
drive valuations higher, and favours companies with strong
cash flow generating capability.
 Annualised return of 14.3% and 18.5% over the past 3 and 5
years, respectively (MYR, 31 Mar 2021).

Affin Hwang World Equity - China  Launched since Jan 2019 with fund size of more than MYR 1bil
Series – China A AUM, managed by UBS Asset Management which oversees USD
Opportunity Fund 1.1 tril worldwide.
(W)  The fund provides exposure to onshore Chinese equities.
 The fund manager employs a stringent research process to
identify industry leaders and invest 20-60 high conviction
ideas.
 The fund manager focuses on companies which have the
consistent ability to deliver on the earnings front, and avoids
rushing into sectors and names where valuations were
overextended.
 The fund manager has been deploying into high-quality
companies which have lagged last year, particularly financials.
The short term volatility of late provides an opportunity to buy
the quality names at better prices.
 Over the long term, the gradual inclusion of China A shares
into global indices could also boost stock performances as
overseas investors step up their allocations.
 The target fund delivered an annualised return of 13.5% and
20.4% over the past 3 and 5 years, respectively (SGD, Mar
2021).

Affin Hwang World Equity - China  Launched since July 2017 with fund size of MYR 250 mil,
Series – China managed by Blackrock which oversees USD 8.7 tril worldwide.
Growth Fund (W)  The fund provides exposure to companies domiciled in, or
exercising the predominant part of the economic activity in
China.
 The fund manager is currently overweight in Materials and
Information Technology sector, given their optimistic view on
reflation theme and supply demand outlook on the
semiconductor industry.
 The fund manager is underweight Consumer Discretionary and
Healthcare sectors on stretched valuation.
 The target fund delivered an annualised return of 5.4% over
the past 3 years (USD, 31 Mar 2021).

RHB China Bond Fixed Income –  Fund is launched in May 2019 with MYR 556.9mil AUM.
Fund (W) China

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