Market Outlook
Equity Market Outlook
- Market is expected to remain range-bound due to lack of catalysts.
- This should work well for our funds due to our stock-picking strategy.
- We maintain our positive view on the Malaysia market due to political stability and economic structural improvement.
Fixed Income Outlook
- The Malaysian Government Securities (MGS) market weakened by 1-5 bps across tenures on poorer global bond market sentiment. During the week, European Central Bank (ECB) held its policy rates and maintained its purchase programme at EUR 80 bn per month. In addition, Mario Draghi expected rates to remain at present or lower levels for an extended period.
- Highlights in the coming week include the Federal Open Market Committee (FOMC) meeting where Janet Yellen is expected to shed some light on the Federal Reserve’s projected policy stance.
|
Fund |
% Growth MYR |
|||||||||
|
31/12/14 to 22/4/16 |
31/12/15 to 22/4/16 |
22/4/15 to 22/4/16 |
22/4/13 to 22/4/16 |
22/4/11 to |
22/4/06 to |
|||||
|
Since 1/1/2015 |
YTD |
1 Yr |
3 Yrs |
5 Yrs |
10 Yrs |
|||||
|
Hong Leong Growth Fund |
4.73 |
-2.81 |
-8.03 |
14.56 |
20.53 |
87.89 |
||||
|
Hong Leong Penny Stock Fund |
19.94 |
0.95 |
2.48 |
38.59 |
53.20 |
178.57 |
||||
|
Hong Leong Consumer Products Sector Fund |
18.65 |
5.84 |
5.28 |
21.62 |
55.48 |
234.47 |
||||
|
Hong Leong Dana Makmur |
11.17 |
-1.69 |
-0.94 |
17.23 |
24.37 |
100.10 |
||||
|
Hong Leong Dividend Fund |
14.18 |
4.23 |
5.69 |
20.19 |
40.54 |
111.40 |
||||
|
Hong Leong Asia-Pacific Infrastructure Fund |
2.61 |
-2.62 |
-6.40 |
-7.27 |
-19.63 |
- |
||||
|
Hong Leong Asia-Pacific Dividend Fund |
3.36 |
-2.92 |
1.39 |
-3.57 |
-9.79 |
9.49 |
||||
|
Hong Leong Hong Kong Equity Optimizer Fund |
-3.95 |
-10.42 |
-16.53 |
-12.60 |
- |
- |
||||
|
Hong Leong Balanced Fund |
14.60 |
0.91 |
3.72 |
21.97 |
34.19 |
121.54 |
||||
|
Hong Leong Dana Maa'rof |
8.35 |
-0.68 |
0.83 |
12.31 |
20.07 |
106.07 |
||||
|
Hong Leong Strategic Fund |
6.76 |
2.37 |
-0.21 |
15.95 |
20.21 |
119.59 |
||||
|
Hong Leong Bond Fund |
5.16 |
1.86 |
3.70 |
9.99 |
21.08 |
55.28 |
||||
|
Hong Leong Wholesale Bond Fund |
6.31 |
2.37 |
4.51 |
- |
- |
- |
||||
|
Hong Leong Global Bond Fund |
-8.70 |
-1.23 |
-11.21 |
-12.73 |
-1.26 |
- |
||||
|
Hong Leong Asia-Pacific Income Plus Fund |
-0.70 |
-0.35 |
-3.37 |
0.78 |
- |
- |
||||
|
Hong Leong Institutional Bond Fund |
5.17 |
1.77 |
3.60 |
10.21 |
19.01 |
39.30 |
||||
|
Hong Leong Islamic Income Management Fund |
4.41 |
1.10 |
3.28 |
8.94 |
15.60 |
- |
||||
|
Hong Leong Income Management Fund |
4.97 |
1.20 |
3.78 |
10.61 |
17.27 |
- |
||||
|
Hong Leong Islamic Institutional Income Management Fund II |
4.59 |
1.16 |
3.51 |
9.37 |
- |
- |
||||
|
Hong Leong Money Market Fund |
4.70 |
1.17 |
3.62 |
- |
- |
- |
||||
Source: Lipper for Investment Management, as at 22 April 2016. Past performance is not necessarily indicative of future performance.
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