Fund Fact Sheet, November 2019 Mandiri Investa Atraktif · Market Outlook In November JCI dropped...

powered by Fund Fact Sheet, November 2019 Mandiri Investa Atraktif Equity Fund NAV/Unit IDR 4,249.58 Investment Objective To provide optimal long term capital appreciation primarily through investing in listed Indonesian equities. Investment Policy Portfolio Allocation Money Market : 2% - 20% Money Market : 5.34% Equity : 80% - 98% Equity : 94.66% Bonds : 0% - 20% Bonds : 0.00% Fund Performance MITRA Benchmark* Aug-05 Jul-06 Jun-07 May-08 Mar-09 Feb-10 Jan-11 Nov-11 Oct-12 Sep-13 Jul-14 Jun-15 May-16 Mar-17 Feb-18 Jan-19 Nov-19 0% 100% 200% 300% 400% 500% 600% Top Holding In Alphabetical Order Astra International Tbk. Equity Bank Central Asia Tbk. Equity Bank Mandiri (Persero) Tbk. Equity Bank Rakyat Indonesia (Persero) Tbk. Equity Telekomunikasi Indonesia (Persero) Tbk. Equity Sector Allocation 5 Biggest Sector Finance, 27.73% Consumer, 18.56% Infrastructure, 17.57% Basic Industry, 8.58% Others, 22.22% Performance - 29 November 2019 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years YTD Since Inception MITRA : -4.62% -9.18% -9.82% -6.34% 4.82% -0.42% -8.01% 324.96% Benchmark* : -3.48% -5.00% -3.18% -0.73% 16.22% 12.40% -2.95% 457.08% * Since February 2017 changes to JCI ** From February 2014 - January 2017, the Benchmark was LQ45 ***From August 2005 - January 2014, The Benchmark was JCI Reporting Date 29-November-2019 Custodian Bank HSBC Bank, Jakarta Inception Date 30-Aug-2005 Asset Under Management IDR 1,201.07 Billion Currency Indonesian rupiah (IDR) Management Fee Max. 3.00% p.a Custodian Fee Max. 0.25% p.a Subscription Fee Max. 1.00% Redemption Fee Max. 1.00% (< 1 year) *holding period Switching Fee Max. 1.00% ISIN code IDN000026200 Bloomberg MANTRAK : IJ Main Risk Factor - Risk of Deteriorating Economic and Political Condition - Risk of Default - Risk of Liquidity - Risk of Diminishing of NAV of each participation unit - Risk of Electronic Media Transaction Investment Period Risk Level <3 3-5 >5 > 5 : long term High Market Outlook In November JCI dropped by 3.48% mom, the opposite with global market performance where S&P500 Index posted return 3.40% mom. The correction on domestic stock market was partly driven by escalated US-China trade negotiation after previously shows some positive progress. Another factor such as MSCI Emerging Market Index rebalancing has lowered Indonesia market weight due to increasing inclusion of China market. This was giving additional foreign outflow pressure during November, which recorded Rp6.8 trillion total foreign outflow. From macro data, Indonesia posted 5.02% yoy GDP growth in Q3’19 inline with market expectation of 5% yoy. Domestic consumption still support the overall economy with 5.02% yoy growth amid slowing investment growth which only grew 4.21% yoy in Q3’19. To boost domestic growth momentum, BI decided to lower banking reserve requirement by 50bps to 5.50%. About Mandiri Investasi PT Mandiri Manajemen Investasi (Mandiri Investasi) is a separate subsidiary of PT Mandiri Sekuritas established in December 28, 2004. PT Mandiri Sekuritas is Indonesia’s leading investment bank and a subsidiary of PT Bank Mandiri (Persero) Tbk., the country’s largest state-owned Bank. Mandiri Investasi and/or its predecessors have been managing investment portfolios since 1993. Mandiri Investasi is Indonesia’s largest domestic mutual fund, with total assets under management totaling Rp 56.26 Trillion (as of 29 November 2019).

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Transcript of Fund Fact Sheet, November 2019 Mandiri Investa Atraktif · Market Outlook In November JCI dropped...

Fund Fact Sheet, November 2019

Mandiri Investa AtraktifEquity Fund

NAV/Unit IDR 4,249.58Investment ObjectiveTo provide optimal long term capital appreciation primarily through investing in listed Indonesian equities.

Investment Policy Portfolio AllocationMoney Market : 2% - 20% Money Market : 5.34%Equity : 80% - 98% Equity : 94.66%Bonds : 0% - 20% Bonds : 0.00%

Fund PerformanceMITRA Benchmark*

Aug-05 Jul-06 Jun-07 May-08 Mar-09 Feb-10 Jan-11 Nov-11 Oct-12 Sep-13 Jul-14 Jun-15 May-16 Mar-17 Feb-18 Jan-19 Nov-190%

100%

200%

300%

400%

500%

600%

Top HoldingIn Alphabetical Order

Astra International Tbk. EquityBank Central Asia Tbk. EquityBank Mandiri (Persero) Tbk. EquityBank Rakyat Indonesia (Persero) Tbk. EquityTelekomunikasi Indonesia (Persero) Tbk. Equity

Sector Allocation5 Biggest Sector

Finance, 27.73%Consumer, 18.56%Infrastructure, 17.57%Basic Industry, 8.58%Others, 22.22%

Performance - 29 November 2019

1 Month 3 Months 6 Months 1 Year 3 Years 5 Years YTDSince

Inception

MITRA : -4.62% -9.18% -9.82% -6.34% 4.82% -0.42% -8.01% 324.96%Benchmark* : -3.48% -5.00% -3.18% -0.73% 16.22% 12.40% -2.95% 457.08%

* Since February 2017 changes to JCI** From February 2014 - January 2017, the Benchmark was LQ45***From August 2005 - January 2014, The Benchmark was JCI

Reporting Date29-November-2019

Custodian BankHSBC Bank, Jakarta

Inception Date30-Aug-2005

Asset Under ManagementIDR 1,201.07 Billion

CurrencyIndonesian rupiah (IDR)

Management FeeMax. 3.00% p.a

Custodian FeeMax. 0.25% p.a

Subscription FeeMax. 1.00%

Redemption FeeMax. 1.00% (< 1 year) *holding period

Switching FeeMax. 1.00%

ISIN codeIDN000026200

BloombergMANTRAK : IJ

Main Risk Factor- Risk of Deteriorating Economic and

Political Condition- Risk of Default- Risk of Liquidity- Risk of Diminishing of NAV of each

participation unit- Risk of Electronic Media Transaction

Investment Period

Risk Level

<3 3-5 >5

> 5 : long term

High

Market OutlookIn November JCI dropped by 3.48% mom, the opposite with global market performance where S&P500 Index posted return 3.40% mom. The correction on domestic stock market was partly driven by escalated US-China trade negotiation after previously shows some positive progress. Another factor such as MSCI Emerging Market Index rebalancing has lowered Indonesia market weight due to increasing inclusion of China market. This was giving additional foreign outflow pressure during November, which recorded Rp6.8 trillion total foreign outflow. From macro data, Indonesia posted 5.02% yoy GDP growth in Q3’19 inline with market expectation of 5% yoy. Domestic consumption still support the overall economy with 5.02% yoy growth amid slowing investment growth which only grew 4.21% yoy in Q3’19. To boost domestic growth momentum, BI decided to lower banking reserve requirement by 50bps to 5.50%.

About Mandiri InvestasiPT Mandiri Manajemen Investasi (Mandiri Investasi) is a separate subsidiary of PT Mandiri Sekuritas established in December 28, 2004. PT Mandiri Sekuritas is Indonesia’s leading investment bank and a subsidiary of PT Bank Mandiri (Persero) Tbk., the country’s largest state-owned Bank. Mandiri Investasi and/or its predecessors have been managing investment portfolios since 1993. Mandiri Investasi is Indonesia’s largest domestic mutual fund, with total assets under management totaling Rp 56.26 Trillion (as of 29 November 2019).