TradePlus DWA Malaysia Momentum Tracker
Capturing Momentum Opportunities within the Malaysian Stock Market
The TradePlus DWA Malaysia Momentum Tracker ("Fund") is an equity exchange-traded fund that is designed to provide investors access to Malaysian stocks with high momentum movement in terms of pricing. The Fund employs a smart beta approach to identify and filter out momentum names within the Malaysian stock market to be included in its basket of securities.
The Indicative Optimised Portfolio Value (IOPV) for the Fund is now available on the Bursa website.
Fund’s Net Asset Value
Units in Circulation
One transaction, twenty Malaysian stocks
With just a single transaction, investors can gain exposure to some of Malaysia’s highest momentum stocks. The Fund follows an equal-weighted strategy across the twenty companies selected.
Only the strong and powerful
The Fund follows a customised benchmark index which filters for companies that: (i) demonstrate powerful relative strength, and (ii) have high momentum movement in terms of pricing. Only names that fulfil these criteria are added into the Fund’s basket of securities.
What’s more? Through an exchange-traded fund structure, you can access these opportunities at a relatively low entry level of just 100 units through Bursa Malaysia Securities.
How to invest?
Trading on Bursa Securities
|Trading Currency||Malaysian Ringgit (MYR)|
|Minimum Trading Units||100|
|Stock Short Name||MY-MOMETF|
|Bloomberg Ticker||MOMETF MK|
Investing through Participating Dealer(s)
|Creation/ Redemption Currency||Malaysian Ringgit (MYR)|
|Methods for Creation/ Redemption of Units||
1) Creation of Units
2) Redemption of Units
|Minimum Creation/ Redemption Basket||200,000 units|
The Fund aims to provide investment results that closely correspond to the performance of the Benchmark
The Fund is a passively managed fund. The Manager intends to primarily use a full replication strategy to track the performance of the Benchmark.
|Listing Date||15 July 2020|
|Fund Launch Date||9 July 2020|
|Fund Category||Equity Exchange-Traded Fund|
|Fund Type||Index Tracking Fund|
|Investor Profile||The Fund is suitable for investors who:
|Base Currency||Malaysian Ringgit (MYR)|
|Benchmark||Dorsey Wright Technical Leaders Malaysia Index|
|Financial Year End||31 March|
|Initial Approved Fund Size||1,000,000,000 units|
|Income Distribution||The Fund will distribute income at least once a year (subject to income availability), after the end of its first financial year.|
Fees & Charges
|Annual Management Fee||0.50% per annum of the NAV of the Fund.|
|Annual Trustee Fee||0.04% per annum of the NAV of the Fund.|
|Annual Index License Fee||Minimum of USD10,000 per annum or 0.12% per annum of the average daily assets under management, whichever is higher.|
Parties to the Fund
|Fund||Stock Code||Stock Short Name||ISIN Code||Units In Circulation|
|TradePlus DWA Malaysia Momentum Tracker||0836EA||MY-MOMETF||MYL0836EA006||1,000,000|
|Manager's Fee (% p.a.)||1 Trustee Fee
|2 License Fee
|NAV per Unit
|Dorsey Wright Technical Leaders Malaysia Index|
|Creation / Redemption Unit Block (Units)||200,000|
|Subscription / Redemption Amount per Creation / Redemption Unit Block (MYR)||211,320|
|SEDOL||Company Name||Quantity of Shares||Currency||Share Price
|Market Value (MYR)|
|B3YX6Q3||Bumi Armada Rg||133300||MYR||0.45||59,318.50|
|B0742L9||Guan Chong Rg||17500||MYR||2.73||47,775.00|
|B1Y3WG1||IOI Corp Rg||13200||MYR||3.70||48,840.00|
|6497446||Kuala Lump.Kep.B Rg||2400||MYR||20.36||48,864.00|
|6681669||PPB Group Rg||3000||MYR||18.30||54,900.00|
|BF0J5S4||Press Mtl Alumi Rg||11200||MYR||4.78||53,536.00|
|B03DHR1||SKP Resources Rg||31275||MYR||1.63||50,978.25|
|6868398||Telekom Malaysia Rg||9000||MYR||6.07||54,630.00|
|6113429||V.S. Industry Rg||39400||MYR||1.36||53,584.00|
|6182861||Cahya Mata Rg||25500||MYR||1.14||29,070.00|
|6436892||Hong Leong Bank Rg||2900||MYR||18.72||54,288.00|
|B1KL2D6||MY E.G.Services Rg||28100||MYR||1.78||50,018.00|
|B012W42||Public Bank Bhd Rg||13200||MYR||4.11||54,252.00|
|B18TLC4||Frontken Corp Rg||16400||MYR||2.87||47,068.00|
|BF3N1G3||Lotte Chem Tita Rg||21600||MYR||2.78||60,048.00|
|6575740||Mega First Rg||15200||MYR||3.48||52,896.00|
|B00PSW2||Uchi Technologie Rg||17600||MYR||3.05||53,680.00|
|6057680||Genting Plant Rg||6000||MYR||7.14||42,840.00|
|Market Value of Authorised Securities (MYR)||1,025,269.75|
|Cash Component (MYR)||31,330.25|
|Net Asset Value (MYR)||1,056,600.00|
2 Calculated based on the average daily asset under management of the Fund during the applicable quarter and payable quarterly. Subject to a minimum of USD 10,000 per annum.
Portfolio Holdings - DWA MM
How is the Benchmark Constructed?
How Momentum Stocks are Derived?
- Recording supply and demand trends within a security
- Focusing on price movements
- Filters out insignificant movements, such as:
- Small price fluctuations
- Trading volume
- Timing factor
- Technical tool in place to measure the performance of a stock in comparison to the broader benchmark index
- Momentum technique that looks for objective data and avoids:
- Biased forecasting
- Subjective research
- Nasdaq’s DWA Relative Strength Method:
- Records historical performance patterns
- Obtains signals as indicators for current momentum strength relative to peers
A copy of the Prospectus can be obtained at Affin Hwang Asset Management's ("Affin Hwang AM") dedicated website at www.tradeplus.com.my. Investors are advised to read and understand the contents of the Prospectus dated 9 July 2020 for the TradePlus DWA Malaysia Momentum Tracker before investing. There are fees and charges involved when investing in the fund stated herein. Investors are advised to consider and compare the fees and charges as well of the risks carefully before investing. Investors should make their own assessment of the risks involved in investing and should seek professional advice, where necessary. The price of units and distribution payable, if any, may go down as well as up and past performance of the fund should not be taken as indicative of its future performance. The Securities Commission Malaysia has not reviewed this material and takes no responsibility for the contents of this material and expressly disclaims all liability, however arising from this material.
Licensing Disclosure Statement and Conditions:
The product(s) is not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the “Corporations”). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the product(s). The Corporations make no representation or warranty, express or implied to the owners of the product(s) or any member of the public regarding the advisability of investing in securities generally or in the product(s) particularly, or the ability of the Nasdaq Dorsey Wright Technical Leaders Malaysia Index to track general stock market performance. The Corporations' only relationship to Affin Hwang Asset Management Berhad (“Licensee”) is in the licensing of the Nasdaq®, NASDAQ., and certain trade names of the Corporations and the use of the Nasdaq Dorsey Wright Technical Leaders Malaysia Index which is determined, composed and calculated by Nasdaq without regard to Licensee or the product(s). Nasdaq has no obligation to take the needs of the Licensee or the owners of the product(s) into consideration in determining, composing or calculating the Nasdaq Dorsey Wright Technical Leaders Malaysia Index. The Corporations are not responsible for and have not participated in the determination of the timing of, prices at, or quantities of the product(s) to be issued or in the determination or calculation of the equation by which the product(s) is to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the product(s).
THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF NASDAQ DORSEY WRIGHT TECHNICAL LEADERS MALAYSIA INDEX OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ DORSEY WRIGHT TECHNICAL LEADERS MALAYSIA INDEX OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ DORSEY WRIGHT TECHNICAL LEADERS MALAYSIA INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.