If this is your first time reading this review, I would highly recommend that you read "A Guide Towards Understanding Unit Trust Performance Table" before proceeding.
Review
Fund Category : Asia excluding Japan
Top 10 Best Performing Fund for Category Asia Excluding Japan (click Image to Enlarge):
2 Weeks Gain/Loss Ranking Table for Category Asia Excluding Japan:
Fund Name
|
YTD as of
30th April 2013 |
YTD as of
22nd May 2013 |
2 Weeks
Gain / Loss (%) |
2 Weeks Gain/
Loss Rankings |
Previous
2 Weeks Gain/Loss Rankings |
Public Islamic Asia
Dividend Fund
|
-3.18
|
-2.2
|
0.98
|
5
|
3
|
Public Asia Ittikal Fund
|
-3.84
|
-0.74
|
3.1
|
3
|
2
|
Eastspring Investments
Asia Pacific Shariah Equity Fund
|
0.6
|
0.14
|
-0.46
|
9
|
6
|
PB Islamic Asia Equity
Fund
|
-4.74
|
-1.6
|
3.14
|
2
|
1
|
Pheim Asia Ex-Japan
Islamic
|
-0.6
|
5.22
|
5.82
|
1
|
9
|
MAAKL Shariah
Asia-Pacific Fund
|
-5.9
|
-4.96
|
0.94
|
6
|
8
|
CIMB Islamic Asia Pacific
Equity Fund
|
-1.2
|
-0.54
|
0.66
|
8
|
5
|
Eastspring Investments
Asia Pacific Equity MY Fund
|
-1.69
|
-0.24
|
1.45
|
4
|
4
|
Hong Leong Asia-Pacific
Dividend Fund
|
0.89
|
1.73
|
0.84
|
7
|
7
|
AmCumulative Growth
|
Newcomer
|
0.4
|
N/A
|
N/A
|
N/A
|
AVERAGE 2 WEEKS GAIN/LOSS (%)
|
1.83
|
||||
Review of Asia Excluding Japan Funds:
From 30th April 2013 - 22nd May 2013, the top 10 funds in this category averaged about +1.83% gain. Strong performance from Pheim Asia Ex-Japan Islamic (PAEJI) Fund saw it's NAV grew by +5.82%. On the other bottom end, Eastspring Investment Asia Pacific Shariah Equity Fund shed -0.46% of it's NAV. We also welcome AmCumulative Growth Fund into the top 10 list and saying bye-bye to MAAKL Pacific Fund.
In terms of long term (5 years annualized performance), we see PB ISlamic Asia Equity Fund and PAEJI moving up one spot each to 4th and 5th position in the ranking table. In terms of Yield to Date (YTD), PAEJI Fund has gained 5.22% since 1st January 2013, while other fund's performance remains lackluster.
Today, Japan's NIKKEI plunged 7.3% or 1,143.28 points which indirectly drove all other Asian countries market to shed between 0.9% - 2% from their index. Asian companies that have economic and trading relationship with Japan will also be effected. China's and Hong Kong's Index both shed 1.13% and 2.54% respectively, which would most likely effect the performance of Asia Pacific excluding Japan funds for the coming week.
In my honest opinion, as long as fund managers have made fundamentally sound research on companies and purchase stocks during a market low, these funds would and should provide reasonable returns over the long run. Domestic demands at countries such as Singapore, Indonesia and Philippines should be strong enough to counter off minor dips being experienced recently.
If you like to invest in the Asia Pacific market, do look through my previous reviews where I have specifically recommended a few funds (not in the list above) that's worth looking into.
Review
Fund Category : Greater China
Fund Category : Greater China
Top 10 Best Performing Fund for Category Asia Excluding Japan (click Image to Enlarge):
2 Weeks Gain/Loss Ranking Table for Category Greater China:
Fund Name
|
YTD as of
30th April 2013 |
YTD as of
22nd May 2013 |
2 Weeks
Gain / Loss (%) |
2 Weeks Gain/
Loss Rankings |
Previous
2 Weeks Gain/Loss Rankings |
PB China Titans Fund
|
-2.22
|
0.32
|
2.54
|
3
|
2
|
CIMB-Principal Greater
China Equity Fund
|
-5.14
|
-2.98
|
2.16
|
8
|
6
|
CIMB-Principal Greater
China Equity Fund
|
-5.14
|
-2.98
|
2.16
|
8
|
6
|
Public China Ittikal Fund
|
-3.9
|
-1.56
|
2.34
|
6
|
5
|
PB China Pacific Equity
Fund
|
-0.98
|
1.5
|
2.48
|
4
|
3
|
Public China Select Fund
|
0.89
|
3.19
|
2.3
|
7
|
1
|
AmIslamic Greater China
|
-6.76
|
-3.73
|
3.03
|
2
|
7
|
Eastspring Investments
Dinasti Equity Fund
|
-2.52
|
-0.63
|
1.89
|
10
|
4
|
Hwang China Select Fund
|
3.67
|
10.85
|
7.18
|
1
|
9
|
MAAKL Greater China Fund
|
-3.83
|
-1.47
|
2.36
|
5
|
8
|
AVERAGE 2 WEEKS GAIN/LOSS (%)
|
2.84
|
||||
Review of Greater China Funds:
Finally Greater China funds are moving averaging +2.84% among the top ten funds. Top performing fund for this review is none other then Hwang China Select Fund (HCSF) gaining a whopping +7.18% of it's NAV within a period of 3 weeks. The rest of the top 10 funds have gains close to the average 2.84%.
Over the long term range (5 Years Annualized), PB China Titans Fund have move to the top spot. However investors that have invested consistently over the course of 5 years should be seeing profit from the effects of dollar cost averaging. If you've bought funds 5 years ago with a lump sum of money, then the wait continues.
As I've mentioned earlier, the China Stock market also suffered a dip today due to poor manufacturing performance for the month of May 2013 as shown by the article from Bloomberg News:
 |
| Click HERE to read the full article |
Discouraging? Yes. Poor? Not really! Just because the May reading is a tiny bit lower then the median value and projected value, everyone is going cuckoo about it and selling their holdings. Well that's the nature of speculators which help create opportunities for investors. Grin...
However, there's still much uncertainty about China's economic growth and how it will pan out in the coming year. China being a cash rich country should be able to sustain growth in the long run, just not as outstanding as speculators some expect it to be. Am considering going for a long term consistent buying of a solid China fund such as HCSF...what say you?
Review
Fund Category : Equity Malaysia
Fund Category : Equity Malaysia
Top 10 Best Performing Fund for Category Equity Malaysia (click Image to Enlarge):
2 Weeks Gain/Loss Ranking Table for Category Equity Malaysia:
Fund Name
|
YTD as of
30th April 2013 |
YTD as of
22nd May 2013 |
2 Weeks
Gain / Loss (%) |
2 Weeks Gain/
Loss Rankings |
Previous
2 Weeks Gain/Loss Rankings |
MAAKL-HDBS Flexi Fund
|
5.3
|
14.76
|
9.46
|
4
|
3
|
Kenanga Growth Fund
|
4.76
|
14.8
|
10.04
|
3
|
1
|
Phillip Master Equity
Growth Fund
|
6.13
|
18.03
|
11.9
|
2
|
8
|
AMB Dividend Trust Fund
|
3.75
|
8.9
|
5.15
|
10
|
7
|
Kenanga Syariah Growth
Fund
|
4.8
|
13.21
|
8.41
|
6
|
6
|
Hwang AIIMAN Growth
|
5.18
|
18.3
|
13.12
|
1
|
5
|
MAAKL Dividend Fund
|
5.38
|
13.39
|
8.01
|
8
|
3
|
CIMB-Principal Equity
Fund
|
5.6
|
13.92
|
8.32
|
7
|
2
|
CIMB-Principal Wholesale
Equity Fund
|
2.72
|
11.76
|
9.04
|
5
|
N/A
|
Public Focus Select Fund
|
3.48
|
10.55
|
7.07
|
9
|
9
|
AVERAGE 2 WEEKS GAIN/LOSS (%)
|
9.05
|
||||
Review of Equity Malaysia Funds:
Everyone's flavor of the week, or should I say weeks. 3 weeks average gain for the top 10 equity Malaysia fund : +9.05% (move aside ASB). Top performer? Hwang AIIMAN Growth (HAG) at +13.12% over 3 week period. Those who did not get BR1M, you get it back here.
Apart from HAG, I would like to point out Philip Master Equity Growth Fund (PMEGF) which have climbed to the 3rd spot in terms of 5 years annualized performance. PMEGF along with HAG have already gained more then 18% in terms of returns since 1st January 2013. That's impressive by any standards.
The outstanding performance of all top 10 unit trust fund invested in Equity Malaysia have made many unit trust investors rather happy for the past 1 month or so. Whether it will continue to rise or fall, I'm not entirely concerned. Let the fund managers worry about that.
If you've dumped a large sum into any one of the unit trust investment above, perhaps it is time to do some profit taking by redeeming some units. If you're long term investor, just continue your consistent contribution until you've reached your financial goal.
Cheers and Happy Investing!
P/s : If you like to invest into Philip Master Equity Growth Fund or Hwang AIIMAN Growth, feel free to contact me at sickfreak03@gmail.com
P.P/s : All recommendations made are based on my experience and understanding. After which I apply them to my own personal investment. I am not into unit trust for hard selling. If you feel what I have recommended is bullshit, feel free to leave your frustration behind by commenting in this post.
P.P.P/s : Happy Wesak Day Dear Readers!
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please update accordingly
ReplyDeletehi there...been updating on a monthly basis...
ReplyDeletethis is the latest update as of 15th January 2014
http://invest-made-easy.blogspot.com/2014/01/top-10-best-performing-unit-trust-funds.html