3-year

Fund Volatility

5.9
Low

Amanah Saham Gemilang - Pendidikan

(47457-V)

July 2014

Novagni
30 Jun 2014

Novagni Category

FUND OVERVIEW

MIXED ASSETS: MALAYSIA

Investment Objective
To provide investment opportunity which generates reasonable long-term growth and returns to meet part or all of
the periodic liquidity requirements of the Unit holders and enable them to fulfil the financial planning needs for
education of the Unit holders and/or their children and/or charges.
Potential Investor
Those who understand investment risks and rewards and are seeking growth of capital over the long-term period
and to plan for the financial requirements of their education.

NOVAGNI REVIEW
As at end May, the fund rated 2-star based on its 3-year performance. The moderate Sharpe ratio indicates that the fund's riskadjusted performance has been in line with its peer group average.
Malaysias economy strengthened 6.2% in 1Q2014 outperforming the Reuters poll for a 5.5% growth. The GDP growth of 6.2%
was higher than the 4.2% in 1Q2013 and 5.1% in 4Q2013. Services and manufacturing sectors led the growth. While the services
sector expanded 6.6%, led by wholesale and retail trade growth 8.6%, the manufacturing sector grew 6.8% on an upbeat 12.6%
gain in the electronics sector. Bank Negara Malaysia (BNM) maintained the OPR rate at 3.00% for the 18th consecutive meeting
since July 2011 which was in line with market expectations. In terms of monetary policy, BNM was confident economic growth
would remain favourable, anchored by domestic demand and recovering exports. The growth outlook is further supported by a
firmer global recovery as conditions in the global financial markets have improved amid orderly policy adjustments in the major
advanced economies while the impact from geopolitical developments remains contained. For May, S E Asian equity indexes
mostly recorded marginal gains except for the Philippines PSE which fell 0.9% (up 12.9% y-o-y). Indonesias JCI was up 1.1% (up
14.5% y-t-d), Singapores STI gained 1% (up 4.1% y-o-y) while Thailands SET (up 9% y-t-d) and Malaysias FBM KLCI (up 0.3%
y-t-d) each added 0.1%.

Benchmark
60% FBM 100 and 40% 3-month KLIBOR

Novagni Fund Rating

Peer Ranking
As at 30 June 2014
Total NAV
Unit in Circulation
NAV per unit

24 / 41

RM253.39 million
231.12 million units
RM1.0963

High/Low NAV per unit

Financial Year
2015 (YTD)
2014
2013
2012
2011

High (RM)
1.0878
1.2045
1.1192
1.1112
1.1015

Low (RM)
1.0749
1.0477
1.0275
0.9788
0.9271

Source: Amanah Saham Nasional Berhad

RISK ANALYSIS

Over a 3-year basis, the fund reported an annualised return of 7.86%, outperforming its benchmarks 5.29% return.
Source: Novagni Analytics and Advisory Sdn Bhd

FUND PERFORMANCE
Fund and Benchmark Performance
Cumulative Returns (%)
1 year
3 years
5 years
6 months
24.59
70.87
Fund
1.87
6.69
Benchmark*
1.13
4.36
16.08
52.69

Standard
Deviation
Annualised Returns (%)
3 years
5 years
10 years
7.60
11.31
7.98
5.10
8.83
6.79

10 years
115.55
92.94

5 Years Growth Total Return from 30 June 2009 to 30 June 2014

Growth Total Return (%)

70
60
50
40
30
20
10

Dec 09

Jun 10

Dec 10

Jun 11

ASG-Pendidikan

Dec 11

Jun 12

Dec 12

Jun 13

Dec 13

Jun 14

60% FBM 100 and 40% 3-month KLIBOR

The value of units may go down as well as up. Past performance is not indicative of future performance.

LOW

LOW

  HIGH

MODERATE

  HIGH

1.420

Fund Category

Fixed income securities and other

capital market instruments

Type
Launch Date
Approved Fund Size*
Financial Year End
Investment Manager
Trustee
Min. Initial Investment
Additional Investment
Sales Charge

Growth and Income

17 March 2003
1.0 billion units
31 March
Permodalan Nasional Berhad
AmanahRaya Trustees Berhad
Investment book - 100 units
Unlimited, subject to availability
5% of the NAV per unit. (Non EPF)
3% of the NAV per unit. (EPF)
None
On-the-spot
Investment book
Member's Investment Scheme (EPF)
None
Up to a maximum of 1.5% p.a. of
the NAV of the Fund

Redemption Charge
Redemption Period
Form of Investment
Switching Fee
Management Fee

PORTFOLIO INFORMATION
5.29%
4.97%
3.64%
3.09%
3.06%

MODERATE

0.751

Source: Novagni Analytics and Advisory Sdn Bhd

Top 5 Holdings*
Malayan Banking Berhad
Public Bank Berhad
Tenaga Nasional Berhad
Cimb Group Holdings Ber
Sime Darby Berhad

  VERY HIGH

FUND FACTS

80

0
Jun 09

MODERATE

5.932

Sharpe
Ratio
Information
Ratio

* 60% FBM 100 and 40% 3-month KLIBOR

Source: Novagni Analytics and Advisory Sdn Bhd

VERY LOW

Sector Allocation*
TRADING/SERVICES
FINANCE
CONSUMER PRODUCTS
INDUSTRIAL PRODUCTS
REITs
PLANTATIONS
IPC
CONSTRUCTION
PROPERTIES
TECHNOLOGY

24.92%
18.66%
5.82%
3.40%
3.27%
2.88%
2.58%
1.51%
1.49%
0.68%

* As percentage of NAV. Please note that all figures are subject to frequent changes on a daily basis.
Source: Amanah Saham Nasional Berhad

Trustee Fee

RM450,000 or 0.07% p.a. of the

NAV of the Fund, whichever is
lower

* Collectively the three unit trust funds under the umbrella of ASG have
cumulative maximum size of 1.0 billion units

Income Distribution Declared

Year
2014
2013
2012
2011
2010

Net (sen per unit)

7.10
7.10
7.00
5.60
5.50

Yield (%)
6.60%
6.77%
6.70%
5.36%
5.75%

Source: Amanah Saham Nasional Berhad

Where a distribution is declared, investors are advised that following the distribution, the NAV per unit will be reduced from cum-distribution NAV to ex-distribution NAV.
Based on the Fund's portfolio returns as at 30 June 2014, the Volatility Factor (VF) for this Fund is 5.9 and is classified as "Low" (source: Novagni). "Low" includes funds with VF that are above 1.295 but not more than 7.910. The VF means 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 months. The Funds 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.
The Master Prospectus of the unit trust funds of ASNB dated 30 June 2014 has been registered with the Securities Commission Malaysia, and is available at any office of ASNB and its agents. Units will be issued upon receipt of the registration form as enclosed in the
prospectus. Before investing, please read and understand the content of the prospectus. Total return on the investments may go down as well as up. Investments in the funds are exposed to fund management risk, inflation risk and purchasing power risk. Past performances of
the unit trust funds of ASNB are not guarantees of future performances. Before investing, kindly consider the fees and charges involved.
Investors who wish to know the key features of a specific unit trust fund of ASNB may request the Product Highlights Sheet issued by ASNB at any office of ASNB and its agents.
Marketing & Branch Operations
28th Floor, Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur Tel: 603-20573000 Fax: 603-20505220
Email: salesupport@pnb.com.my Website: www.asnb.com.my