Weekly Market Update - 24 July 2017

Dated 24-07-2017


Market Outlook


Equity Market Outlook
 
  • Global economic outlook remains positive, which should benefit the export sector.
 
  • We remain positive on the Malaysia market.
 
  • Our funds are positioned in selected export stocks, laggard large cap stocks and sectors that may benefit from government pump-priming such as consumer and construction sectors.
 
 
 
Fixed Income Outlook
 
  • Federal Open Market Committee (FOMC) to take centre stage next week, we do not expect new insights in the meeting.
 
  • Local govvies traded marginally better however, investors to remain cautious ahead of FOMC meeting.
 
  • We see short tenured bonds traded better i.e. 3/5 yrs Malaysian Government Securities (MGS). 
 
 
Fund

 
% Growth MYR
31/12/14 
to
 21/7/17
31/12/15 
to
 21/7/17
31/12/16 
to
 21/7/17
21/7/16
to
21/7/17
 21/7/14 
to
21/7/17
21/7/12 
to
21/7/17
21/7/07 
to
21/7/17
Since
1/1/2015
Since 1/1/2016 YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs
Hong Leong Growth Fund 25.67 16.61 17.87 17.10 21.96 49.18 40.22
Hong Leong Penny Stock Fund 39.52 17.43 13.85 13.38 33.70 67.30 100.68
Hong Leong Consumer Products Sector Fund 34.39 19.88 7.87 5.45 20.08 45.99 184.52
Hong Leong Dana Makmur 29.08 14.14 16.62 17.12 22.01 38.28 65.24
Hong Leong Dividend Fund 38.87 26.77 18.19 19.23 33.03 56.66 89.99
Hong Leong Asia-Pacific Infrastructure Fund 15.85 9.94 10.56 10.44 9.49 15.58 -21.06
Hong Leong Asia-Pacific Dividend Fund 29.57 21.70 19.58 22.66 23.94 33.38 12.52
Hong Leong Hong Kong Equity Optimizer Fund 26.45 17.93 15.93 26.25 14.49 49.18 -
Hong Leong Balanced Fund 28.30 12.97 11.78 10.59 25.41 41.08 80.00
Hong Leong Dana Maa'rof 19.46 9.50 10.83 10.97 15.37 26.37 66.02
Hong Leong Strategic Fund 21.31 16.33 10.97 8.25 17.85 39.51 42.66
Hong Leong Strategic Opportunity Fund - - 12.05 13.75 - - -
Hong Leong Bond Fund 8.12
4.72
2.35 1.59 10.33 15.55 43.84
Hong Leong Wholesale Bond Fund 11.25 7.13 2.85 2.99 13.53 - -
Hong Leong Institutional Bond Fund 10.12 6.56 2.63 3.41 11.84 18.09 39.04
Hong Leong Islamic Income Management Fund 8.26 4.83 1.99 2.80 9.75 15.54 32.85
Hong Leong Income Management Fund 9.67 5.73 1.94 3.50 11.34 18.19 -
Hong Leong Islamic Institutional Income Management Fund II  8.78 5.21 1.73 3.15 10.30 - -
Hong Leong Money Market Fund 9.38 5.70 2.03 3.55 - - -
Source: Lipper for Investment Management, as at 21 July 2017. Past performance is not necessarily indicative of future performance. 


 
 
 
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