Weekly Market Update - 14 August 2017

Dated 14-08-2017


Market Outlook


Equity Market Outlook
 
  • Rising geopolitical risk resulted in increased market volatility.
 
  • We are looking to deploy cash to buy undervalued stocks should prices come down to attractive levels.
 
  • We maintain our preference for large cap laggards, selected consumer and construction names and export stocks.
 
 
 
Fixed Income Outlook
 
  • The local government bond market traded flat last week on low liquidity and a lack of economic data. Towards the end of the week, there was risk-off sentiment due to the geopolitical conflict between US and North Korea. US treasury rallied on the risk-off sentiment and the local bond market saw interest by foreign investors.
 
  • The major highlight for domestic release this week is the Malaysia Gross Domestic Product (GDP) for second quarter this Friday.
 
 
Fund

 
% Growth MYR
31/12/14 
to
 11/8/17
31/12/15 
to
 11/8/17
31/12/16 
to
 11/8/17
11/8/16
to
11/8/17
 11/8/14 
to
11/8/17
11/8/12 
to
11/8/17
11/8/07 
to
11/
8/17
Since
1/1/2015
Since 1/1/2016 YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs
Hong Leong Growth Fund 23.02 14.15 15.39 12.51 19.24 47.07 45.80
Hong Leong Penny Stock Fund 37.02 15.32 11.81 8.51 30.80 63.90 110.99
Hong Leong Consumer Products Sector Fund 33.67 19.24 7.30 2.97 20.54 41.99 202.68
Hong Leong Dana Makmur 27.92 13.11 15.57 13.21 20.80 37.10 79.74
Hong Leong Dividend Fund 36.50 24.62 16.17 13.98 27.91 53.44 100.20
Hong Leong Asia-Pacific Infrastructure Fund 15.09 9.22 9.83 7.16 9.99 11.74 -21.01
Hong Leong Asia-Pacific Dividend Fund 23.90 16.38 14.35 13.97 17.08 26.00 15.93
Hong Leong Hong Kong Equity Optimizer Fund 25.86 17.38 15.39 22.82 11.99 44.94 -
Hong Leong Balanced Fund 26.64 11.51 10.34 7.46 22.29 38.31 83.72
Hong Leong Dana Maa'rof 18.42 8.55 9.86 8.29 14.13 24.82 69.17
Hong Leong Strategic Fund 18.82 13.94 8.69 4.01 14.36 38.30 47.39
Hong Leong Strategic Opportunity Fund - - 9.22 10.34 - - -
Hong Leong Bond Fund 8.36 4.96 2.57 1.62 9.87 15.68 44.32
Hong Leong Wholesale Bond Fund 11.45 7.32 3.03 2.89 13.06 - -
Hong Leong Institutional Bond Fund 10.47 6.90 2.96 3.47 11.89 18.26 39.24
Hong Leong Islamic Income Management Fund 8.43 4.99 2.15 2.78 9.70 15.51 32.82
Hong Leong Income Management Fund 9.89 5.94 2.14 3.50 11.36 18.23 -
Hong Leong Islamic Institutional Income Management Fund II  9.00 5.42 1.94 3.17 10.34 - -
Hong Leong Money Market Fund 9.61 5.92 2.25 3.56 - - -
Source: Lipper for Investment Management, as at 11 August 2017. Past performance is not necessarily indicative of future performance. 


 
 
 
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