Page 30 - 2Q2021 RETAIL WEALTH ADVISORY Playbook

Fund Name Geography Deliberation

 The fund manager intends to maximise return on investment
through a combination of capital growth and income via fixed
income securities issued inside or outside of China.
 The fund manager may invest in the full range of fixed income
securities, which includes non-rated debt papers.
 The fund is prudent in managing individual security paper’s
exposure to ensure concentration risk is managed in such a
way that a credit event about a particular company have
limited impact to the overall performance of the fund.
 Over the long term, the gradual inclusion of onshore Chinese
bonds into global indices could also boost bond prices as
overseas investors step up their allocations.
 This exposure could enhance an investor’s overall portfolio
yields, which is derived from the coupons received from the
underlying bonds, portfolio yield is around 4.5%.
 The target fund recorded annualised return of 6.4% and 6.5%
over the past 3 and 5 years, respectively (CNH, 31 Mar 2021).
Maybank Malaysia Equity –  Launched since Mar 2004 with MYR 139.6mil AUM.
SmallCap Fund Malaysia  The fund invests primarily in selected small to medium sized
companies with market capitalisation of not more than MYR
3.0bil at the point of investment.
 The fund manager invests in companies with sound
management which operate in the high growth sector,
particularly companies with high earnings growth.
 The fund manager is rebalancing portfolios from sectors that
have done well into bashed down cyclical and value plays, and
will continue to look for stocks that will benefit from the
economy recovery post COVID-19.
 The fund recorded annualised return of 16.7% and 14.5% over
the past 3 and 5 years, respectively (MYR, 31 Mar 2021).
Affin Hwang AIIMAN Equity –  The fund is incepted since Oct 2002 with a fund size of MYR
Growth Fund Malaysia 339.3mil.
 The investment selection process focuses on companies that
are able to provide growth potential over the medium to long
term investment horizon.
 The fund manager employs a combination of top-down and
bottom-up strategy to identify investment opportunities, some
of the factors include sales and profit growth, financial
strength and earing levels, expected future earnings growth,
valuation and management quality.
 The fund takes an active trading policy, where some core
holdings are held over the medium to long term along with a
trading portion that will take advantage of beneficiaries during
prevailing market conditions.
 The fund recorded annualised return of 10.8% and 8.6% over
the past 3 and 5 years, respectively (MYR, 31 Mar 2021).

ASN Imbang 2 Mixed Assets –  Launched since March 2003 with MYR 1.4bil AUM.
Malaysia  Managed by a company with more than 40 years of
establishment.
 Delivered total return of 6.34% in 2020 against a challenging
economic backdrop, investors received 4.27% income
distribution.

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