Review
Fund Category : Equity Malaysia
Top 10 Best Performing Fund for Category Equity Malaysia (click Image to Enlarge):
Top 10 Best Performing Fund for Category Equity Malaysia (click Image to Enlarge):
4 Weeks Gain/Loss Ranking Table for Category Equity Malaysia Funds:
|
`Fund Name
|
YTD as of
13th Sept 2013 |
YTD as of
9th Oct 2013 |
4 Weeks
Gain / Loss (%) |
4 Weeks Gain/
Loss Rankings |
Previous
4 Weeks Gain/Loss Rankings |
|
Phillip Master Equity
Growth Fund
|
24.97
|
27.64
|
2.67
|
1
|
5
|
|
Kenanga Growth Fund
|
14.88
|
16.21
|
1.33
|
7
|
4
|
|
MAAKL-HDBS Flexi Fund
|
11.41
|
13.27
|
1.86
|
4
|
3
|
|
CIMB-Principal Equity
Fund
|
14.19
|
16.25
|
2.06
|
2
|
7
|
|
CIMB-Principal Wholesale
Equity Fund
|
14.52
|
16.05
|
1.53
|
5
|
9
|
|
Kenanga Syariah Growth
Fund
|
14.65
|
15.99
|
1.34
|
6
|
2
|
|
Hwang AIIMAN Growth
|
15.7
|
17.63
|
1.93
|
3
|
8
|
|
CIMB-Principal Equity
Fund 2
|
Newcomer
|
10.26
|
N/A
|
N/A
|
N/A
|
|
AMB Dividend Trust Fund
|
8.03
|
9.26
|
1.23
|
8
|
1
|
|
MAAKL Regular Savings
Fund
|
Newcomer
|
8.5
|
N/A
|
N/A
|
N/A
|
|
AVERAGE 4 WEEKS GAIN/LOSS (%)
|
1.74
|
||||
Top Performing Fund over 4 weeks period:
Phillip Master Equity Growth Fund (+2.67%)
Worst Performing Fund 4 weeks period:
AMB Dividend Trust Fund (+1.23%)
Newcomers:
CIMB-Principal Equity Fund 2
MAAKL Regular Savings Fund
Performance Comparison with the KLSE Index between 13 Sept 2013 to 9 Oct 2013
KLSE Index (%) Gain/Loss : -0.09%
Average Top 10 Unit Trust Equity (%) Gain.Loss : +1.74% (Out performed the KLSE Index)
Summary
Gains made by the KLSE index during the first 8 days beginning 13th September were wiped out by spillover effects of the Dow Jones as indicated by the two red lines in the picture above. However news of the US Government threatening to shut down caused the Dow Jones to suffer further losses during the first week of October 2013.
As for the local scene, the impact of the US Government shutdown towards our KLSE index was rather minimal. According to analyst, despite the temporary shutdown, the effects towards the global economy outlook is minimal. Analyst are also confident that a mutual agreement between the US Democrats and Republican to extend the US debt ceiling will be reached in order to avoid a catastrophic collapse of the world largest economy caused by default in government bond interest payment.*
*Read more about the shutdown and default problem HERE
That aside, a bigger worry for Malaysian equity investors is the impending Budget 2014 set to be announced during the 3rd week of October 2013. With many expecting the budget to have a downside impact on the stock market, most top performing funds in this category have started hoarding cash in anticipation of purchasing stock when the KLSE dips indicated in this post. For general recommendation on how to approach your investment, click HERE.
Review
Fund Category : Asia excluding Japan
Top 10 Best Performing Fund for Category Asia Exc Japan (click Image to Enlarge):
Top 10 Best Performing Fund for Category Asia Exc Japan (click Image to Enlarge):
4 Weeks Gain/Loss Ranking Table for Category Asia Excluding Japan Funds:
|
Fund Name
|
YTD as of
13th Sept 2013 |
YTD as of
9th Oct 2013 |
4 Weeks
Gain / Loss (%) |
4 Weeks Gain/
Loss Rankings |
Previous
4 Weeks Gain/Loss Rankings |
|
Public Islamic Asia
Dividend Fund
|
3.73
|
3.15
|
-0.58
|
3
|
7
|
|
Pheim Asia Ex-Japan
Islamic
|
12.85
|
13.47
|
0.62
|
1
|
3
|
|
Public Asia Ittikal Fund
|
2.7
|
1.88
|
-0.82
|
5
|
8
|
|
PB Islamic Asia Equity
Fund
|
2.26
|
1.46
|
-0.8
|
4
|
6
|
|
Eastspring Investments
Asia Pacific Shariah Equity Fund
|
0.95
|
-0.25
|
-1.2
|
6
|
9
|
|
Public Regional Sector
Fund
|
16.65
|
15.26
|
-1.39
|
7
|
2
|
|
MAAKL Pacific Fund
|
4.71
|
4.21
|
-0.5
|
2
|
5
|
|
CIMB Islamic Asia Pacific
Equity Fund
|
5.36
|
3.15
|
-2.21
|
8
|
1
|
|
Pheim Asia Ex-Japan
|
Newcomer
|
2.67
|
N/A
|
N/A
|
N/A
|
|
Public Far-East Select
Fund
|
Newcomer
|
9.36
|
N/A
|
N/A
|
N/A
|
|
AVERAGE 4 WEEKS GAIN/LOSS (%)
|
-0.86
|
||||
Top Performing Fund over 4 weeks period:
Pheim Asia Ex-Japan Islamic (+0.62%)
Worst Performing Fund over 4 weeks period:
CIMB Islamic Asia Pacific Equity Fund (-2.21%)
Newcomers:
Pheim Asia Ex-Japan
Public Far-East Select Fund
Performance Comparison with the MSCI Asia Excluding Japan Index between
13 Sept 2013 to 9 Oct 2013
MSCI Asia Exc Japan Index (%) Gain/Loss : +2.40%
Average Top 10 Unit Trust Equity (%) Gain.Loss : -0.86% (Under performed the MSCI Index)
Summary
The Asia Exc Japan Index was also largely impacted by the spillover of Dow Jones decline beginning from 21st September right up till end of September. A quick reversal occurred at the start of October month as investors expect that the impact of the US government shutdown to be minimal towards the global economy.
The broader concern is for the the US Senate to reach an agreement to further extend the US debt ceiling as stated by below:
In terms of whether to invest into fund of this category, I still stand by my recommendation for investors to consider investing into Asia excluding Japan as part of a diversification option. My opinion of the Asia Pacific market remains the same as my previous review as shown below:
 |
| Snippet taken from previous review |
Review
Fund Category : Greater China
Top 10 Best Performing Fund for Category Greater China (click Image to Enlarge):
Top 10 Best Performing Fund for Category Greater China (click Image to Enlarge):
4 Weeks Gain/Loss Ranking Table for Category Greater China Funds:
|
Fund Name
|
YTD as of
13th Sept 2013 |
YTD as of
9th Oct 2013 |
4 Weeks
Gain / Loss (%) |
4 Weeks Gain/
Loss Rankings |
Previous
4 Weeks Gain/Loss Rankings |
|
CIMB-Principal Greater
China Equity Fund
|
7.98
|
7.73
|
-0.25
|
2
|
1
|
|
CIMB-Principal Greater
China Equity Fund
|
7.98
|
7.73
|
-0.25
|
2
|
1
|
|
PB China Pacific Equity
Fund
|
11
|
9.3
|
-1.7
|
6
|
2
|
|
Public China Ittikal Fund
|
7.57
|
6.57
|
-1
|
5
|
7
|
|
PB China Titans Fund
|
6.28
|
4.53
|
-1.75
|
8
|
4
|
|
Public China Select Fund
|
11.03
|
10.08
|
-0.95
|
4
|
6
|
|
AmIslamic Greater China
|
-2.16
|
-2.67
|
-0.51
|
3
|
9
|
|
Eastspring Investments
Dinasti Equity Fund
|
7.86
|
5.69
|
-2.17
|
9
|
5
|
|
Hwang China Select Fund
|
16.87
|
17.91
|
1.04
|
1
|
8
|
|
MAAKL Greater China Fund
|
4.27
|
2.54
|
-1.73
|
7
|
3
|
|
AVERAGE 4 WEEKS GAIN/LOSS (%)
|
-0.93
|
||||
Top Performing Fund over 4 weeks period:
Hwang China Select Fund (+1.04%)
Worst Performing Fund over 4 weeks period:
Eastspring Investments Dinasti Equity Fund (-2.17%)
Newcomers: None
Performance Comparison with the Shanghai Stock Exchange (SSE) Index between
13 Sept 2013 to 9 Oct 2013
SSE Index (%) Gain/Loss : -1.09%
Average Top 10 Unit Trust Equity (%) Gain.Loss : -0.93% (Slightly Under performed the SSE Index)
Summary
Poor China export data coupled with news of US Government shutdown caused a dip in the SSE Index starting from 23rd September. However the index rebounded from 26th September onward as many investors felt that the impact of the US Government shutdown was minimal. Further gains were made by the SSE Index after the Mid Autumn Festival break as investors strongly believe that an agreement will be reached to raise the US debt ceiling.
Despite the ups and downs of the SSE Index over the 4 week period of this review, the positive long term prospect for investing into China funds are still good. Efforts by the China government to lay a strong foundation for economic growth is starting to bear fruits.
Fund worth considering if investors would like to diversify their investment into China are Hwang China Select Fund. This fund in particular have outperformed its peers in terms of YTD, gaining 17.91% since 1st January 2013.
That's all for this month's review!
Cheers and Happy Investing!
P/s : If you like to invest into the best unit trust funds be it Malaysia, Asia Pacific or China, feel free to drop me an email at shanesee03@gmail.com
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Cheers and Happy Investing!
P/s : If you like to invest into the best unit trust funds be it Malaysia, Asia Pacific or China, feel free to drop me an email at shanesee03@gmail.com
If you like reading this post, it would do me a great favor by:
1. Sharing this post on your Facebook!
2. Liking my Facebook Page
Hello, why I don't see any Public Mutual fund ? Is this the complete list of funds ? Thanks.
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