Thursday 28 December 2017

Maybank acquires Amanah Mutual Berhad (AMB) for RM16million

Maybank recently announced that they have purchased Amanah Mutual Berhad (AMB) for RM16.12 million from Permodalan Nasional Berhad (PNB).

With the acquisition, all of AMB's unit trust fund will now be under the offerings of Maybank.

Currently AMB has 30 funds under their management and a strong record under the Bond category. This was recognized when AMB's AMB Income Trust Fund won the Best Bond Malaysia Ringgit (3 & 5 Years Category) at The Edge-Thomson Reuters Lipper Fund Awards Malaysia for the 3rd year in a row.

As an investor, I have also personally witnessed the glory days of AMB's equity fund in 2013 whereby funds like AMB Dividend Trust Fund and AMB Value Trust Fund were the top performers under the equity category.

Moving forward, will we see a resurgence in the performance of their equity funds when it goes under Maybank? Will there be changes to the current fund managers? What will the significant changes made to investment strategy of the funds?

At Invest Made Easy, we will continue to track and monitor the latest changes to these funds. Do stay tune to our blog and don't forget to follow our Facebook page too!

Cheers and Happy Investing!

Tuesday 26 December 2017

IME Unit Trust Investment Portfolio 2017 - Performance Review for 2017

We are at the tail end of 2017 and it is time to take a look at our IME Unit Trust Investment Portfolio 2017. Let's take a look at how both portfolios (Conventional and Shariah) performed as of of 21 Dec 2017 as well as the lesson learnt over the past 8 months.

IME Unit Trust Portfolio as of 1st April 2017
Conventional Portfolio - 1 April 2017

Shariah Portfolio - 1 April 2017

IME Unit Trust Portfolio as of 25th April 2017

  • Added AM Australia fund and Manulife India Equity fund to the Conventional Portfolio
  • Added 5% to TA BRIC & Emerging Market fund and Aberdeen Islamic Asia Pacific ex Japan Equity fund to the Shariah Portfolio
Conventional Portfolio - 25 April 2017

Shariah Portfolio - 25 April 2017

  • Sold RHB Big Cap China Enterprise fund for profit of  +5.53%
  • Sold Eastspring Investments Dinasti Equity fund for profit of +7.00%


IME Unit Trust Portfolio as of 27th July 2017

  • Sold Manulife India Equity fund for profit of +5.93%


IME Unit Trust Portfolio performance as of 21st Dec 2017
Here's the summary of the portfolio based on RM100,000 invested into each one. The Conventional portfolio's performance was mediocre while the Shariah portfolio performance was below par. Shown below is the total returns of the portfolios from 1st April 2017 right up till 21st Dec 2017. Also shown are the funds currently in each portfolio as well as the gain or loss of each fund:

Conventional Portfolio Gain/(Loss) : +5.24%
IME Conventional Unit Trust Portfolio 2017 - 21 Dec 2017

Shariah Portfolio Gain/(Loss) : +0.86%
IME Shariah Unit Trust Portfolio 2017 - 21 Dec 2017

Summary
Here are some of the findings and lessons learnt from our first attempt at building a Unit Trust Investment Portfolio based on our Market Prediction for 2017 as well as the Country Attractiveness Indicator provided by The Guided Investor:

Positive
  1. Referring to the Market Prediction for 2017, we decided to have Japan, Europe and Emerging Market equity fund as part of a fixed item of the portfolio. For the Conventional portfolio, we recommended Affin Hwang World Series Japan Growth fund (+24.81%), TA European Equity fund (+1.45%) and TA BRIC & Emerging Markets fund (+4.12%). All three funds generated positive return. Similarly for the Shariah portfolio, we recommended Aberdeen Islamic World Equity Fund (+3.90%) and TA BRIC & Emerging Markets fund (+4.12% and +4.70%). Both funds also generated positive return.
  2. Using the Country Attractiveness Indicator provided by The Guided Investor, we managed to capture positive returns from the sales of China funds on the 28th of June 2017 -  RHB Big Cap China Enterprise fund (+5.53%) and Eastspring Investments Dinasti Equity fund (+7.00%)
  3. The Country Attractiveness Indicator also helped us to capture gain from the sale of India fund on the 27th of July 2017 - Manulife India Equity fund (+5.93%)

Negative
  1. The Country Attractiveness Indicator indicated for us to invest into Australia. For this we recommended to invest AM Australia fund (-3.50%) in the conventional portfolio and Aberdeen Islamic Asia Pacific ex Japan Equity fund (-2.00%) under the shariah portfolio. As of date, the indicator is still showing that it is attractive to invest into Australia, therefore we will be holding on to the funds.
  2. We allocated 20% for Gold funds as a mitigation action in the event the market crashes. Both funds are in the red of which RHB Gold and Precious Fund is at -2.45% while Precious Metal Securities is at -8.99%. 
Moving Forward
  1. The strategy on having fixed investment into funds based on a well researched Market Prediction seems to work. For better accuracy and focus area, we hope to produce a more comprehensive Market Prediction for 2018. Do stay tune and look out for our Invest Made Easy 2018 Market Prediction blog post.
  2. We will continue to maintain a 20% allocation into Gold fund as a mitigation for 2018. Despite being in the red for the 2017 portfolio, we will hold on to those funds for 2018 portfolio.
  3. We will still continue to follow the recommendation of The Guided Investor for 2018. At the same time, we look forward to introduce new parameters in order to enhance the accuracy and timing. 
  4. The lack of funds that are country specific, especially in the Shariah category is affecting the performance of the portfolio. For example having a niche fund which invest into Japan help the conventional portfolio to make better gain. For the shariah portfolio, we had to select a fund which only has partial exposure to Japan thereby reducing the potential gains from our investment.
  5. To save on Sales Charge, invest into funds when the 0% Sales Charge promotion is available at eUnittrust. For more information about eUnittrust, check out this LINK
What's coming soon in January 2018?
  1. Invest Made Easy 2018 Market Prediction
  2. Top Performing Unit Trust Funds for 2017 and Analysis
  3. IME Unit Trust Investment Portfolio 2018

Tuesday 25 July 2017

IME Unit Trust Investment Portfolio 2017 - Portfolio Changes as of 25 July 2017

Latest update from "The Guided Investor" indicates there is a change to the attractiveness to invest into India. The 25th July 2017 update indicates that India has become unattractive to invest into.

India has become unattractive to invest into

Since this is a quick post, I am recommending investors to redeem/sell the fund with exposure into India. For the our IME Unit Trust Investment Combination portfolio, Manulife India Equity Fund which takes up 10% of the portfolio will be sold.

For the Shariah portfolio, the exposure to India is via Aberdeen Islamic Asia Pacific ex Japan Equity and it only represents a small percentage of the fund's allocation. Therefore I would recommend that this fund remains in the IME Unit TRust Investment Shariah Compliant portfolio 

Note: Will further update information on the sales of Manulife India Equity Fund in this blog post.

27 July 2017 Updates
IME Unit Trust Investment Portfolio 2017 as of 27th July 2017:-

Pending Transaction for sales of Manulife India Equity fund:-


Take Advantage of eUnittrust to Build Your own Unit Trust Portfolio!

Referring to my previous post, I mentioned one of the criteria of selecting fund is that the fund must be available on eUnittrust (online unit trust platform). If you are building your portfolio (or intend to start now) such as the one above, make sure to use an online platform to save on the sales charge. In fact, during promotional campaigns by eUnittrust, sales charges range only between 0% to 1%!


For further details on the eUnittrust and its benefit, click HERE.

Thursday 29 June 2017

eUnittrust - Raya 2017 All Funds Promotion

eUnittrust - Raya 2017 All Funds Promotion
Promotion Period:
From 19 June 2017 to 14 July 2017

Number of award winning funds under this promotion:
220 funds from 23 fund houses!

Recommended Unit Trust Portfolio 2017 funds:
 The good news is that 7 of our 9 recommended unit trust funds for 2017 portfolio can be purchased for as low as 0% via this promotion!
7/9 of IME Recommended Funds under this Raya Promotion!

Full list of funds under this promotion:
Check out the full list of unit trust funds under this promotion at the end of this post!

Start Investing Online Now! 
Register a FREE eUnittrust Account by following the steps below:


Full list of funds:
No
Aberdeen Islamic Asset Mgt Sdn Bhd
Promotional
Below
RM5,000
RM5,000
and above
1
Aberdeen Islamic Malaysia Equity Fund (Class A)
1
0
2
Aberdeen Islamic World Equity Fund(Class A)
1
0
3
Aberdeen Islamic Asia Pacific Ex Japan Equity Fund (Class A)- MYR
1
0
No
Affin Hwang Asset Management Berhad (Formally known as Hwang Investment Management Berhad)
Promotional
Below
RM5,000
RM5,000
and above
4
Affin Hwang Equity Fund
1
0
5
Affin Hwang Aiiman Balanced Fund
1
0
6
Affin Hwang Bond Fund
0.5
0
7
Affin Hwang Aiiman Equity Fund
1
0
8
Affin Hwang Principled Growth Fund
1
0
9
Affin Hwang Growth Fund
1
0
10
Affin Hwang Tactical Fund
1
0
11
Affin Hwang Select Asia Pac (ex Japan) REITs&Infrastrc Fund
1
0
12
Affin Hwang Aiiman Asia (Ex Japan) Growth - MYR
1
0
13
Affin Hwang Select AUD Income Fund - RM Class
1
0
14
Affin Hwang Select Opportunity Fund
1
0
15
Affin Hwang Select Balanced Fund
1
0
16
Affin Hwang Select Bond Fund
1
0
17
Affin Hwang Aiiman Global Sukuk - MYR
1
0
18
Affin Hwang Aiiman Growth Fund
1
0
19
Affin Hwang Aiiman Income Plus Fund
1
0
20
Affin Hwang Select Income Fund
1
0
21
Affin Hwang Select Dividend Fund
1
0
22
Affin Hwang Select SGD Income Fund - RM Class
1
0
23
Affin Hwang Select Asia (Ex Japan) Opportunity Fund
1
0
24
Affin Hwang AIIMAN Select Income Fund
1
0
25
Affin Hwang World Series - China Growth Fund
1
0
26
Affin Hwang Japan Growth Fund
1
0
27
Affin Hwang Asean Flexi Fund
1
0
28
Affin Hwang Select Asia Pacific (Ex Japan) Dividend
1
0
29
Affin Hwang Select Asia Pacific (Ex Japan) Balanced
1
0
No
Amanah Mutual Berhad
Promotional
Below
RM5,000
RM5,000
and above
30
AMB Unit Trust
1
0
31
AMB Balanced Trust
1
0
32
AMB Income Trust
1
0
33
AMB Index-Linked Trust
1
0
34
AMB SmallCap Trust
1
0
35
AMB Enhanced Bond Trust
1
0
36
AMB Ethical Trust
1
0
37
AMB Lifestyle Trust Fund Today
1
0
38
AMB Dividend Trust
1
0
39
AMB Value Trust
1
0
40
AMB Dana Yakin
1
0
41
AMB Dana Ikhlas
1
0
42
AMB Dana Arif
1
0
43
AMB Shariah Value Plus Fund - A MYR
1
0
No
AmanahRaya Investment Management Sdn Bhd
Promotional
Below
RM5,000
RM5,000
and above
44
AmanahRaya Islamic Equity Fund
1
0.55
45
AmanahRaya Unit Trust Fund
0.5
0.1
46
AmanahRaya Syariah Trust Fund
0.5
0.1
No
AmFunds Management Berhad
Promotional
Below
RM5,000
RM5,000
and above
47
AmIttikal
1
0
48
AmIslamic Growth
1
0
49
AmIslamic Balanced
1
0
50
AmOasis Global Islamic Equity Fund
1
0
51
Precious Metals Securities
1
0.5
52
Namaa’ Asia Pacific Equity Growth Fund
1
0
53
AmCumulative Growth
1
0
54
AmTotal Return**
1
0
55
AmBalanced Fund
1
0
56
AmConservative Fund
1
0
57
AmDividend Income
1
0
58
AmGlobal Agribusiness
1
0
59
Commodities Equity Fund
1
0
60
AmGlobal Property Equities Fund
1
0
61
AmAsia – Pacific Property Equities Fund
1
0
62
AmPan European Property Equities  Fund
1
0
63
AmSchroder European Equity Alpha Fund
1
0
64
Global Emerging Market Opportunities Fund
1
0
65
AmASEAN Equity
1
0
66
AmAsia Pacific REITs Fund
1
0
67
AmMalaysia Equity Fund
1
0
68
Asia Pacific Equity Income
1
0
69
AmTactical Bond
1
0
70
AmAustralia
1
0
71
AmAsia Pacific Leisure Dividend
1
0
72
AmAsia Pacific REITs Plus
1
0
No
BIMB Investment Management Berhad
Promotional
Below
RM5,000
RM5,000
and above
73
BIMB i Growth
1
0
74
BIMB Dana Al-Fakhim
0.15
0
75
BIMB Dana Al-Munsif
1
0
76
BIMB Dana Al-Falah
1
0
77
BIMB i Dividend Fund
1
0
No
CIMB-Principal Asset Management Bhd
Promotional
Below
RM5,000
RM5,000
and above
78
CIMB-Principal Bond Fund
1
0
79
CIMB-Principal Asia Pacific Dynamic Income
1
0
80
CIMB-Principal ASEAN Total Return – Class MYR
1
0
No
Eastspring Investments Berhad
Promotional
Below
RM5,000
RM5,000
and above
81
Eastspring Investments Dana Al-islah
1
0
82
Eastspring Investments Enhanced Income Fund
1
0
83
Eastspring Investments Global Emerging Markets Fund
1
0
84
Eastspring Investments Global Basics MY Fund
1
0
85
Eastspring Investments Global Leaders MY Fund
1
0
86
Eastspring Investments Dinasti Equity Fund
1
0
87
Eastspring Investments Equity Income Fund
1
0
88
Eastspring Investments Asia Pacific Equity MY Fund
1
0
89
Eastspring Investments Asia Select Income Fund
1
0
90
Eastspring Investments MY Focus Fund
1
0
91
Eastspring Investments Growth Fund
1
0
92
Eastspring Investments Balanced Fund
1
0
93
Eastspring Investments Dana Al-ilham*
1
0
94
Eastspring Investments Dynamic Fund
1
0
95
Eastspring Investments Dana Dinamik
1
0
96
Eastspring Investments Global Target Income Fund
1
0
97
Eastspring Investments ASEAN Al-Adiil Fund
1
0
98
Eastspring Investments Asia Pacific Ex-Japan Target Return
1
0
99
Eastspring Investments Islamic Small Cap Fund
1
0
No
Franklin Templeton Asset Management
Promotional
Below
RM5,000
RM5,000
and above
100
Franklin Malaysia Sukuk Fund - Class A (MYR)
1
0
No
KAF Fund Management
Promotional
Below
RM5,000
RM5,000
and above
101
KAF First Fund
1
0
102
KAF Vision Fund
1
0
103
KAF Core Income Fund
1
0
No
Kenanga Investors Berhad
Promotional
Below
RM5,000
RM5,000
and above
104
Kenanga Premier Fund
1
0
105
Kenanga Balanced Fund
1
0
106
Kenanga Islamic Fund
1
0
107
Kenanga Islamic Balanced Fund
1
0
108
Kenanga Malaysian Inc Fund
1
0
109
Kenanga Growth Fund
1
0
110
Kenanga Syariah Growth Fund
1
0
111
Kenanga Asia Pacific Total Return Fund
1
0
112
Kenanga ASEAN Tactical Total Return
1
0
No
Libra Invest Berhad
Promotional
Below
RM5,000
RM5,000
and above
113
Libra Amanah Saham Wanita Fund
1
0
114
Libra SyariahEXTRA Fund
1
0
115
Libra Asnita Bond Fund
0.5
0
116
Libra DividendEXTRA Fund
1
0
117
Libra EquityEXTRA Fund
1
0
118
Libra Resource Equity Fund
1
0
No
Manulife Asset Management Service Berhad
Promotional
Below
RM5,000
RM5,000
and above
119
Manulife Equity Plus Fund
1
0
120
Manulife Bond Plus Fund
0.25
0
121
Manulife China Equity Fund
1
0
122
Manulife Global Resources Fund
1
0
123
Manulife India Equity Fund
1
0
124
Manulife Shariah - Dana Ekuiti
1
0
125
Manulife Shariah - Dana Sukuk
0.25
0
126
Manulife Investment Shariah Asia-Pacific
1
0
127
Manulife Investment Greater China
1
0
128
Manulife Investment Asia-Pacific REIT
1
0
129
Manulife Investment Pacific
1
0
130
Manulife Investment U.S. Equity
1
0
131
Manulife Investment Indonesia Equity
1
0
No
Maybank Asset Management Sdn Bhd
Promotional
Below
RM5,000
RM5,000
and above
132
Maybank Bosera Greater China Asean Equity-(Class A-MYR)
1
0.5
No
MIDF Amanah Asset Management Berhad
Promotional
Below
RM5,000
RM5,000
and above
133
MIDF Amanah Growth Fund
1
0
134
MIDF Amanah Strategic Fund
1
0
135
MIDF Amanah Islamic Fund
1
0
136
MIDF Amanah Dynamic Fund
1
0
No
Nikko Asset Management Asia Limited
Promotional
Below
RM5,000
RM5,000
and above
137
Singapore Dividend Equity - RM
1
0
No
Pacific Mutual Fund Berhad
Promotional
Below
RM5,000
RM5,000
and above
138
Pacific Dana Murni
1
0
139
Pacific Select Balance
1
0
140
Pacific Select Income
1
0
141
Pacific Focus18 Fund
1
0
142
Pacific Asia Brands Fund
1
0
143
Pacific Dana Dividen
1
0
144
Pacific Focus China Fund
1
0
145
Pacific Global Agriculture Infrastucture & Resources Fund
1
0
146
Pacific Global Stars Fund
1
0
147
Pacific Dynamic AsiaPac
1
0
148
Pacific Dana Aman
1
0
149
Pacific Premier Fund
1
0
150
Pacific Pearl Fund
1
0
151
Pacific Millennium Fund
1
0
152
Pacific Recovery Fund
1
0
153
Pacific Income Fund
1
0
154
Pacific Dividend Fund
1
0
155
Pacific AsiaPac Income Fund
1
0
156
Pacific Dana Imbang
1
0
No
Pheim Unit Trusts Berhad
Promotional
Below
RM5,000
RM5,000
and above
157
Pheim Emerging Companies Balanced Fund
1
0
158
Dana Makmur Pheim
1
0
159
Pheim Asia Ex-Japan Fund
1
0
160
Pheim Asia Ex-Japan Islamic Fund
1
0
No
Phillip Mutual Bhd
Promotional
Below
RM5,000
RM5,000
and above
161
Phillip Master Equity Growth Fund
1
0
No
PMB Investment Berhad
Promotional
Below
RM5,000
RM5,000
and above
162
PMB Sukuk Fund
1
0.6
163
PMB Shariah Index Fund
1
0.6
164
PMB Shariah Mid-Cap Fund
1
0.6
165
PMB Shariah Premier Fund
1
0.6
166
PMB Shariah Aggressive Fund
1
0.6
167
PMB Dana Mutiara
1
0.6
168
PMB Dana Al-Aiman
1
0.6
169
PMB Dana Bestari
1
0.6
170
PMB Shariah Growth Fund
1
0.6
171
PMB Shariah Dividend Fund
1
0.6
172
PMB Shariah Tactical Fund
1
0.6
173
PMB Shariah Small Cap
1
0.6
No
RHB Asset Management Sdn Bhd
Promotional
Below
RM5,000
RM5,000
and above
174
RHB Islamic Global Developed Market
1
0
175
RHB Islamic ASEAN Megatrend Fund - RM
1
0
176
RHB Big Cap China Enterprise Fund
1
0
177
RHB Asian Growth Opportunities Fund
1
0
178
RHB Asia Pacific Fund
1
0
179
RHB Emerging Opportunity Unit Trust
1
0
180
RHB Growth And Income Focus Trust
1
0
181
RHB Kidsave Trust Fund
1
0
182
RHB Golden Dragon Fund
1
0
183
RHB Resources Fund
1
0
184
RHB Small Cap Opportunity Unit Trust Fund
1
0
185
RHB Smart Treasure Fund
1
0
186
RHB Thematic Growth Fund
1
0
187
RHB Malaysia Dividend Fund
1
0
188
RHB KLCI Tracker Fund
0.5
0
189
RHB Energy Fund
1
0
190
RHB Smart Balanced Fund
1
0
191
RHB Smart Income Fund
1
0
192
RHB Gold And General Fund
1
0
193
RHB ASEAN Fund
1
0
194
RHB Asia Consumer Fund
1
0
195
RHB China-India Dynamic Growth Fund
1
0
196
RHB US Focus Equity Fund
1
0
197
RHB Asia Financials Fund
1
0
198
RHB Indonesia Equity Growth Fund
1
0
199
RHB Agriculture Fund
1
0
200
RHB Equity Trust Fund
1
0
201
RHB Global New Stars Fund
1
0
202
RHB Global Equity Yield Fund
1
0
203
RHB Emerging Markets Bond Fund
1
0
204
RHB Asian Income Fund
1
0
205
RHB Dividend Valued Equity Fund
1
0
206
RHB Golden Life Today
0.25
0
207
RHB Golden Life 2020
1
0
208
RHB Golden Life 2030
1
0
209
RHB Capital Fund
1
0
210
RHB Mudharabah Fund
1
0
211
RHB GS US Equity Fund
1
0
212
RHB Asian Total Return Fund
1
0
No
TA Investment Management Bhd
Promotional
Below
RM5,000
RM5,000
and above
216
TA Income Fund
1.3
1.1
217
TA Growth Fund
1.3
1.1
No
UOB Asset Management (Malaysia) Berhad
Promotional
Below
RM5,000
RM5,000
and above
218
United Income Plus
1
0.3
219
United ASEAN Discovery
1
0.5
220
United Bond & Equity Strategic Trust
1
0.5