DINASTI EQUITY FUND 3-year

Fund Volatility

AUGUST 2017 12.1

Very High
Lipper Analytics
15-Jul-2017

ALL DATA AS AT 31 JULY 2017 UNLESS OTHERWISE STATED

FUND INFORMATION FUND OBJECTIVE

Launch Date: 26 October 2009
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The Fund aims to provide investors with long-term capital appreciation by investing in Shariah-compliant
investments with exposure to the Greater China region.
Fund Category/Fund Type: Shariah equity/growth
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Fund Size: RM101,779,355.34

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Initial Offer Price: RM1.0000

ASSET ALLOCATION
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1. Technology 42.68% 7. Consumer Services 5.49%

NAV per Unit: RM1.8248
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2. Cash & cash equivalents 9.03% 8. Financials 4.36%

EPF Investment Scheme: 3. Consumer Goods 8.84% 9. Utilities 2.91%
Yes (Effective 1 December 2016)
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4. Industrials 8.28% 10. Basic Materials 2.52%
5. Telecommunications 7.71% 11. Oil & Gas 2.24%
6. Health care 5.94%
FEES, CHARGES AND EXPENSES * as percentage of NAV.
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Annual Management Fee:

Up to 1.80% of the NAV per annum
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Annual Trustee Fee: COUNTRY ALLOCATION

Up to 0.08% of the NAV per annum, subject to a 1. China 39.47% 4. Cash 9.03%
minimum of RM18,000 per annum (excluding foreign 2. Hong Kong 25.91% 5. United States 1.33%
custodian fees and charges)
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3. Taiwan 24.26%
Sales Charge:
Up to 5.50% of the NAV per Unit
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Redemption charge: Nil

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* as percentage of NAV.
Redemption Payment Period: Ten (10) calendar days
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TRANSACTION DETAILS
TOP HOLDINGS
1. Taiwan Semiconductor Manufacturing 9.33% 4. China Mobile Limited 6.86%
Minimum Initial Investment: Co., Limited 5. Baidu, Inc. 5.71%
Lump Sum: RM1000* 2. Tencent Holdings Limited 9.12%
Regular Investment: RM100*
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3. Alibaba Group Holding Limited 8.93%
Minimum Additional Investment: * as percentage of NAV.
Lump Sum & Regular Investment: RM100*
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* The Manager reserves the right to change the minimum

amounts stipulated above from time to time
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FUND PERFORMANCE
Eastspring Investments Dinasti Equity Fund - Since Inception (SI) Return Vs Benchmark
DISTRIBUTIONS
Income Distribution Policy: Incidental
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SI % Change

Fund NAV:
NAV Date
52-Week High 1.8248 31-07-2017
52-Week Low 1.3455 03-08-2016

FUND MANAGER
Fund Manager: Eastspring Investments Berhad
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Date

Eastspring Investments Dinasti Equity Fund Benchmark

The performance is calculated on NAV-to-NAV basis with gross income or dividend reinvested

Source: Lipper for Investment Management. Past performance is not necessarily indicative of future performance.

Eastspring Investments Berhad (531241-U)

Level 12, Menara Prudential,
10, Jalan Sultan Ismail,
50250 Kuala Lumpur.
Tel: 603 - 2332 1000
Fax: 603 - 2052 3366
E-mail: [email protected]
 DINASTI EQUITY FUND
AUGUST 2017
ALL DATA AS AT 31 JULY 2017 UNLESS OTHERWISE STATED

PERFORMANCE TABLE
1 month 6 months 1 year 3 years 5 years Since
Inception
Fund 7.66% 21.51% 40.01% 72.56% 114.39% 97.75%

Benchmark * 6.16% 18.59% 37.32% 65.22% 121.62% 106.77%

Lipper Ranking 2 of 3 2 of 3 1 of 3 1 of 3 1 of 3 n.a.

Lipper Fund Category: Equity Greater China - Islamic
The number of funds within the category should be at least five for a meaningful assessment
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* Dow Jones Islamic Market (DJIM) Greater China Index

Fund performance and Lipper ranking are sourced from Lipper for Investment Management and benchmark is from www.djindexes.com, 31 July 2017. Performance is calculated on a
Net Asset Value ("NAV") to NAV basis with gross income or dividend reinvested . Past performance is not necessarily indicative of future performance.
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LIPPER LEADERS RATING (OVERALL)

Total Return Consistent Return Preservation Lipper Leaders Key
Lowest 1
5 5 4 Highest 5

The Lipper Leaders Ratings System is a set of tools that guide investors and their advisors to select funds that suit individual investment styles and goals. It uses investors-centred criteria to
deliver a simple, clear description of a fund's success in meeting certain goals, such as preserving capital or building wealth through consistent strong returns.
Lipper Leader ratings are derived from highly sophisticated formulas that analyse funds against clearly defined criteria. Each fund is ranked against its peers based on the metric used (such
as Total Return or Expense), and then the top 20% of funds in that ranking receive the Lipper Leader designation. Lipper Leaders measures are not predictive of future performance, but they
do provide context and perspective for making knowledgeable fund investment decisions.

FUND MANAGER’S COMMENTARY

The Morgan Stanley Capital International ("MSCI") China Index rose 8.4% during the month, outperforming local China indices such as the Shanghai Composite
which rose 2.5%. The sectors that contributed most were real estate and technology. Real estate sector did well on the back of mergers and acquisition news flow
and strong sales volume by property developers. Information technology was led by Baidu Inc, which reported quarterly results that handily beat consensus
estimates as search advertisement revenue recovered. On the macroeconomic data front, China managed to once again surprise economists by posting a second
quarter Gross Domestic Production ("GDP") growth of 6.9%, supported by resilient domestic spending and fixed asset investments.
In Hong Kong, the Hang Seng Index was up 6.05%, the 7th consecutive month of gains. Financials were the best performing sector, followed by utilities. The
utilities sector was driven by clearer policy guidelines by the Chinese government that led to a rally across most Chinese gas distributors. Consumer prices rose
1.9% over last year, as the surge in property prices have begun to feed into the consumer price index.
In Taiwan, returns were more subdued as the Taiwan Stock Exchange Weighted Index ("TWSE") rose 0.31%. Foreign inflows have started to slow since May and
continued a similar trend in July, where the technology sector saw its first month of outflows since the start of the year. Memory related companies were the best
performing, as dynamic random access memory prices continued to rise while consumer staples underperformed after President Chain Store announced the
disposal of its Starbucks Shanghai franchise.
For the month under review, the fund returned 7.66%, outperforming the benchmark’s return of 6.16% due to better stock selection in the consumer discretionary
sector.
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ANNUAL PERFORMANCE FOR THE CALENDAR YEAR ENDED

Year
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2013 .
2014 .
2015 .
2016 .
2017 .

Fund (%)
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10.43 .
4.09
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19.01 .
9.85 .
- .

Benchmark (%)
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18.04 .
9.91
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16.97 .
8.51 .
- .

Date/Distribution (RM)
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-.
-
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- .
27 Jun, 0.0514 .
23 Jun, 0.0692 .

Distribution Yield (%)

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0.00 .
0.00
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- .
4.00 .
4.00 .

Source: Distribution and Distribution Yield are sourced from the fund 's Annual Report. Fund and Benchmark for current year are based on Year to Date (YTD) figures which is sourced
from Lipper for Investment Management. Past performance is not necessarily indicative of future performance.
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IMPORTANT INFORMATION
Based on the Fund’s portfolio returns as at 30 June 2017, the Volatility Factor (VF) for this Fund is 12.1 and is classified as “Very High” (Source: Lipper). “Very
High” generally includes funds with VF that are higher than 10.735. The VF means that there is a possibility for the Fund in generating an upside return or downside
return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision and VC will
be revised every six (6) months. The VF for the Fund may be higher or lower than the VC, depending on the market conditions. The Fund’s portfolio may have
changed since this date and there is no guarantee that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market
for at least 36 months will display the VF and its VC.
Investors are advised to read and understand the contents of the Eastspring Investments Master Prospectus dated 15 July 2017 (“MP”) and the Fund's Product
Highlights Sheets (“PHS”) before investing. MP and PHS are available at offices of Eastspring Investments Berhad or its authorised distributors and investors have
the right to request for a copy of the MP and PHS .
The MP has been registered with the Securities Commission Malaysia who takes no responsibility for its contents . Units will only be issued upon receipt of the
application form accompanying the MP. Past performance of the Fund is not an indication of the Fund's future performance. Unit prices and distribution payable, if
any, may go down as well as up. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net
Asset Value (“NAV”) per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Where a unit split is declared,
investors are advised that the value of their investment in Malaysian Ringgit will remain unchanged after the issue of the additional units. Investments in the Fund
are exposed to security risk, credit or default risk, interest rate risk, countries or foreign securities risk, currency risk, counterparty risk, license risk,
Shariah-compliant derivative risk, prepayment and commitment risk and reclassification of Shariah status risk. Investors are advised to consider these risks and
other general risks as elaborated in the MP as well as fees , charges and expenses involved before investing.
All fees, charges and expenses payable by the unit holder are subject to Goods and Services Tax (“GST”) at a rate of 6% or such other prescribed rate as may be
imposed from time to time, and incurred by the unit holder directly when purchasing or redeeming units of the Fund and indirectly when investing in the Fund. The
fees, charges and expenses disclosed are exclusive of GST or any other taxes or duties that may be imposed by the government or other authorities from time to
time.
Eastspring Investments companies (excluding JV companies) are ultimately wholly owned/indirect subsidiaries of Prudential plc of the United Kingdom. Eastspring
Investments companies (including JV companies) and Prudential plc are not affiliated in any manner with Prudential Financial , Inc., a company whose principal
place of business is in the United States of America .
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