WEEKLY BRIEF: Global & Markets Rebounded amid Improved Sentiment. Selected Markets Weekly Performances

Transcription

1 MARKET BRIEF WEEKLY BRIEF: Global & Markets Rebounded amid Improved Sentiment Selected Markets Weekly Performances 13 Jul Jul 18 Weekly % YTD % change change FBM KLCI 1,722 1, FBM EMAS Shariah Index 12,239 11, FBM Small Cap Index 14,074 13, South East Asia Indonesia 5,944 5, Singapore 3,260 3, Thailand 1,644 1, North Asia Taiwan 10,865 10, TOPIX (Japan) 1,730 1, South Korea 2,311 2, MSCI FEXJ # China*, H Share 10,746 10, Hong Kong 28,525 28, Global Dow Jones 25,019 24, Nasdaq 7,826 7, Europe** 3,089 3, * Hang Seng China Enterprises Index ** STOXX Europe 50 Index # in USD Market Local Regional Global Comments Led by improved offshore sentiment coupled with the central bank s positive outlook for the local economy, the FBM KLCI registered a weekly gain of 3.5% to close at a 3-week high of 1,722 points. After declining for four consecutive weeks, regional markets rebounded on selective buying of undervalued stocks. The Taiwan and Japan markets rose by 2.4% and 2.3% respectively for the week. The U.S. market moved higher amid gains in technology stocks, easing trade tensions and positive expectations on U.S. economic activities. The Dow closed 2.3% higher at 25,019 points while the Nasdaq was up 1.8% for the week. YTD % Weekly Changes of the MYR versus Selected Currencies MYR per Weekly % Comment Currency Change # Change # Japanese Yen* Over the week, the Ringgit firmed Chinese Yuan Euro Singapore Dollar Taiwan Dollar Australian Dollar Indonesia Rupiah^ U.S. Dollar Source: Bloomberg, data as at 13 Jul 18. * Per 100 Yen, ^Per 100 Rupiah # +change indicates Ringgit s appreciation against foreign currencies against most of the currencies. However, the Ringgit eased by 0.2% against the U.S. dollar, which appreciated against most key currencies. 1 P a g e

2 Performance of Public Mutual s Funds Fund Name Fund NAV (RM) Weekly % Change I. EQUITY FUNDS Non Regional Funds Invest in Local Market Only Public Index (PIX) Public Regular Savings Sequel (PRSSQF) Public Optimal Growth (POGF) Public Sector Select (PSSF) Public Regular Savings (PRSF) Allowed to Invest in Foreign Markets up to 25%/30% of Fund's NAV Public Growth (PGF) Public Equity (PEF) Public Aggressive Growth (PAGF) Public Industry Growth (PINDGF) Public Savings (PSF) Public Dividend Select (PDSF) Public Advantage Growth Equity (PAVGEF) Public Select Alpha-30 (PSA30F) Public Strategic Growth (PSTGF) PB Growth (PBGF) PB Growth Sequel (PBGSQF) PB Dividend Builder Equity (PBDBEF) Islamic Non Regional Funds Invest in Local Market Only Public Islamic Select Enterprises (PISEF) Public Islamic Optimal Growth (PIOGF) Public Islamic Sector Select (PISSF) Allowed to Invest in Foreign Markets up to 25%/30% of Fund's NAV Public Islamic Equity (PIEF) Public Ittikal (P ITTIKAL) Public Islamic Dividend (PIDF) Public Islamic Growth & Income (PISGIF) Public Ittikal Sequel (PITSEQ) Public Islamic Savings (PISVF) Public Islamic Enterprises Equity (PIENTEF) Public Islamic Alpha-40 Growth (PIA40GF) Public Islamic Advantage Growth Equity (PIAVGEF) PB Islamic Equity (PBIEF) P a g e

3 Fund Name Fund NAV (RM) Weekly % Change Small & Mid Cap Funds Invest in Local Market Only Public Islamic Select Treasures (PISTF) Allowed to Invest in Foreign Markets up to 25%/30% of Fund's NAV Public Islamic Opportunities (PIOF) Public SmallCap (P SmallCap) Public Emerging Opportunities (PEMOF) Public Strategic SmallCap (PSSCF) Public Focus Select (PFSF) Public Select Treasures Equity (PSTEF) Public Islamic Emerging Opportunities (PIEMOF) Public Islamic Treasures Growth (PITGF) PB Islamic SmallCap (PBISCF) PB SmallCap Growth (PBSCGF) Regional Funds Public Indonesia Select (PINDOSF) Public South-East Asia Select (PSEASF) Public ASEAN Growth (PASGF) Public Far-East Consumer Themes (PFECTF) Public Optimal Equity (POEF) Public Far-East Telco & Infrastructure (PFETIF) Public China Select (PCSF) Public Singapore Equity (PSGEF) Public Far-East Select (PFES) Public Regional Sector (PRSEC) Public Greater China (PGCF) Public China Titans (PCTF) Public Far-East Alpha-30 (PFA30F) Public Far-East Dividend (PFEDF) Public Far-East Property & Resorts (PFEPRF) Public Australia Equity (PAUEF) PB ASEAN Dividend Sequel (PBADSQF) PB ASEAN Dividend (PBADF) PB Asia Pacific Enterprises (PBAPENTF) PB China Pacific Equity (PBCPEF) PB China ASEAN Equity (PBCAEF) PB Asia Equity (PBAEF) PB Asia Emerging Growth (PBAEGF) PB Singapore Advantage-30 Equity (PBSGA30EF) PB Asia Pacific Dividend (PBAPDF) PB China Australia Equity (PBCAUEF) P a g e

4 Fund Name Islamic Regional Funds Fund NAV (RM) Weekly % Change Public Islamic Asia Leaders Equity (PIALEF) Public Asia Ittikal (PAIF) Public China Ittikal (PCIF) Public Islamic Asia Dividend (PIADF) Public Islamic Optimal Equity (PIOEF) PB Islamic Asia Strategic Sector (PBIASSF) PB Islamic Asia Equity (PBIAEF) Global Funds Public India-Global Equity (PINGEF) Public Global Select (PGSF) Public Worldwide Equity (PWEF) PB Global Equity (PBGEF) PB Euro Pacific Equity (PBEPEF) Islamic Global Funds Public Islamic Global Equity (PISGEF) II. BALANCED FUNDS Public Navigator Growth (PNVGF) Public Tactical Allocation (PTAF) Public Balanced (PBF) Public Select Mixed Asset Growth (PSMAGF) Public Select Mixed Asset Conservative (PSMACF) Public Strategic Balanced (PSTBLF) Public Far-East Balanced (PFEBF) Public e-flexi Allocation (PeFAF) Public Growth Balanced (PGRBF) PB Indonesia Balanced (PBINDOBF) PB Balanced Sequel (PBBSQF) PB Balanced (PBBF) PB Mixed Asset Conservative (PBMAC) PB Dynamic Allocation (PBDYNAF) PB Asia Real Estate Income (PBAREIF) PB Australia Dynamic Balanced (PBADBF) PB Mixed Asset Growth (PBMAGRF) Public Islamic Asia Tactical Allocation (PIATAF) Public Islamic Mixed Asset (PIMXAF) Public Islamic Growth Balanced (PIGRBF) Public e-islamic Flexi Allocation (PeIFAF) Public Ehsan Mixed Asset Conservative (PESMACF) Public Ehsan Mixed Asset Growth (PESMAGF) PB Islamic Dynamic Allocation (PBIDYNAF) P a g e

5 Fund Name III. BOND FUNDS Fund NAV (RM) Weekly % Change Public Enhanced Bond (PEBF) Public Enterprises Bond (PENTBF) Public Bond (PBOND) Public Strategic Bond (PSTBF) Public Select Bond (PSBF) Public Institutional Bond (PIN Bond) PB Fixed Income (PBFI) PB Infrastructure Bond (PBINFBF) PB Bond (PBBOND) Public Islamic Enhanced Bond (PIEBF) Public Islamic Infrastructure Bond (PIINFBF) Public Sukuk (PSKF) Public Islamic Bond (PI BOND) Public Islamic Strategic Bond (PISTBF) Public Islamic Income (PI INCOME) Public Islamic Select Bond (PISBF) PB Aiman Sukuk (PBASF) PB Sukuk (PBSKF) PB Islamic Bond (PBIBF) IV. MONEY MARKET FUNDS Public e-cash Deposit (PeCDF) Public Money Market (PMMF) PB Cash Plus (PBCPF) PB Cash Management (PBCMF) Public e-islamic Cash Deposit (PeICDF) Public Islamic Money Market (PIMMF) PB Islamic Cash Management (PBICMF) V. PRS FUNDS Public Mutual PRS Strategic Equity (PRS-SEQF) Public Mutual PRS Moderate (PRS-MDF) Public Mutual PRS Growth (PRS-GRF) Public Mutual PRS Equity (PRS-EQF) Public Mutual PRS Conservative (PRS-CVF) Public Mutual PRS Islamic Strategic Equity (PRS-ISEQF) Public Mutual PRS Islamic Growth (PRS-IGRF) Public Mutual PRS Islamic Moderate (PRS-IMDF) Public Mutual PRS Islamic Conservative (PRS-ICVF) * PB series of funds are highlighted to differentiate them from the Public series of funds 5 P a g e

6 THE CONTENTS OF THIS REPORT ARE STRICTLY FOR INFORMATION PURPOSES ONLY AND NO PART OF THIS REPORT IS TO BE CONSTRUED AS AN OFFER OR SOLICITATION OF AN OFFER TO INVEST IN PUBLIC MUTUAL S FUNDS. This Weekly Brief report summarises the movement of the equity and bond markets as well as the funds performance for the period under review and is intended for circulation to the unitholders of Public Mutual. The Market Brief is prepared based on material compiled from data considered to be reliable at the time of writing, but Public Mutual does not make any representation or warranty, express or implied, as to its accuracy, completeness or correctness. The Fund Performance Review summarises the fund s weekly performance compared against its benchmark. Readers should note that past performance of a fund is not an indication of its future performance. No part of this report may be shared, reproduced, distributed, transmitted, displayed or published in any manner without the written consent of Public Mutual. Public Mutual does not accept any liability, be it directly, indirectly or consequential losses or damages that may arise from any reliance based on this report. 6 P a g e