January 2019 GreatLink USD Fixed Income Fund FUND FACT …...Menara Karya Lantai 5, Jl. HR. Rasuna...

PT Great Eastern Life Indonesia

Bond 90.97%Money market 9.03%

PT Schroder Investment Management Indonesia

Bond 80% - 98%Money market 2% - 20%

Government Bond: ChangeROI 2021 ROI 2022 NAV/Unit NAV/Unit (%)ROI 2023 ROI 2026 Highest NAV 1.72%

Lowest NAV 0.68%

Fixed Deposit:

Since1 Mth 3 Mths 6 Mths 3 years 5 years Inception

GreatLink USD Fixed Income Fund 3.98% 8.27% 15.56%IBPA Indonesia Global Bond Index* 11.93% 18.50% 23.82%*prior to 1 Jan 2017: 30% JPEGID+70% ADR

*JPEGID: JP Morgan EMBI Global Indonesia+ADR: average deposit rate

Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 31-1-2019 : USD 2.1 million (per 31 January 2019)

Disclaimer

PT Great Eastern Life Indonesia Customer Contact Centre

Menara Karya Lantai 5, Jl. HR. Rasuna Said Blok X-5 Kav. 1-2. Jakarta Selatan 12950 - Indonesia T : (021) 2554 3800 (Monday-Friday, 09.00-18.00) F : (021) 5794 4719

T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO

greateasternlife.com/id email : [email protected]

January 2019

FUND FACT SHEET

Portfolio

GreatLink USD Fixed Income Fund

Investment Objective

GreatLink USD Fixed Income Fund is an alternative investment product for customers to provide stablereturn with a low - medium risk level for long term investment. GreatLink USD Fixed Income Fund investsin bonds and money market instruments.

PT Great Eastern Life Indonesia (GELI) is a member of Great Eastern Holdings, the largest insurancegroup in Singapore and Malaysia with total assets of more than S $ 60 billion and 4 million policy holders.Great Eastern is also the only life insurance company listed in the Singapore Exchange, and the largest lifeinsurer in Southeast Asia in terms of assets and market capitalization.

Asset Allocation

Fund Manager Profile

YTD 1 year

PT Schroder Investment Management Indonesia is a 99% owned subsidiary of Schroders plcheadquartered in the United Kingdom and has been operating in Indonesia since 1991.

Major PortfolioJan-19 Dec-18

1.1556 1.1361 1.1358 1.1281

NAV GreatLink USD Fixed Income Fund vs Benchmark

Investment Performance

Daily Movement in %

2.43% 4.48% 3.18% 2.43% 2.25%1.83% 2.99% 1.83% 1.83% -0.01%

This report is a periodic report that contains all the data up to the date as stated at the top. All reviews posted on the above is based on data and information in this report. Various efforts have been made to ensure thatthe information provided is correct at the time of publication. The PT. Great Eastern Life Indonesia does not fully guarantee that there are no errors in calculation or in writing. This report can not be used as a basis forconsideration to buy or sell a security but merely a record of performance based on historical data.

3-Jan-11

1.1556

Additional Information

* not including the custodian fee of 0.2% p.a. from the Investment Fund. In the event that the Company delegates part or all of the management of the Investment Fund to a third party, such third party may impose its own expenses (including among others investment management fee) on the Investment Fund. All such expenses are already taken into account in the Unit Price for this Investment Fund.

Analysis

Positive sentiments came from the more favourable outlook in US-China trade negotiations, as well as expectations on a more dovish Fed. Foreign inflows were seen by the end of the month, and contributed to emerging market currencies’ performance. On the other hand, US government shutdown and ongoing Brexit negotiations contributed to uncertainty affecting market sentiments in general. (source: Schroders)

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

Jan-

11M

ar-1

1Ju

n-11

Aug

-11

Oct

-11

Jan-

12M

ar-1

2Ju

n-12

Aug

-12

Nov

-12

Jan-

13A

pr-1

3Ju

n-13

Sep

-13

Nov

-13

Feb

-14

Apr

-14

Jul-1

4S

ep-1

4N

ov-1

4F

eb-1

5A

pr-1

5Ju

l-15

Sep

-15

Dec

-15

Feb

-16

May

-16

Jul-1

6O

ct-1

6D

ec-1

6M

ar-1

7M

ay-1

7Ju

l-17

Oct

-17

Dec

-17

Mar

-18

May

-18

Aug

-18

Oct

-18

Jan-

19

0.960.981.001.021.041.061.081.101.121.141.161.181.201.221.241.26

Ince

ptio

nM

ar-1

1Ju

n-11

Sep

-11

Dec

-11

Mar

-12

Jun-

12S

ep-1

2D

ec-1

2M

ar-1

3Ju

n-13

Sep

-13

Dec

-13

Mar

-14

Jun-

14S

ep-1

4D

ec-1

4M

ar-1

5Ju

n-15

Sep

-15

Dec

-15

Mar

-16

Jun-

16S

ep-1

6D

ec-1

6M

ar-1

7Ju

n-17

Sep

-17

Dec

-17

Mar

-18

Jun-

18S

ep-1

8D

ec-1

8

USD Fixed Income Fund Benchmark (IBPA Indoesia Global Bond Index)

Bond

Money market





Government Bond: ChangeROI 2021 ROI 2022 NAV/Unit NAV/Unit (%)ROI 2023 ROI 2026 Highest NAV 0.16%ROI 2029 Lowest NAV 1.46%

Fixed Deposit:




Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 28-2-2019 : USD 2.1 million (per 28 February 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


February 2019

FUND FACT SHEET

Portfolio





Asset Allocation


YTD 1 year


Major PortfolioFeb-19 Jan-19

1.1575 1.1556 1.1524 1.1358



Daily Movement in %

0.07% 3.74% 2.98% 2.50% 3.98%-0.03% 2.48% 1.65% 1.80% 1.71%


3-Jan-11

1.1552



Analysis

In the January meeting, the Fed signaled it will stick to its ‘patient’ approach towards interest rate guidance on slower growth expectation in 2019 and mild inflation environment. The Central Bank expects a slower consumer spending and business investment; while tension with China and weaker global economy will take toll to the US economy. (source: Schroders)

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

Jan-

11M

ar-1

1Ju

n-11

Sep

-11

Dec

-11

Mar

-12

May

-12

Aug

-12

Nov

-12

Feb

-13

May

-13

Jul-1

3O

ct-1

3Ja

n-14

Apr

-14

Jul-1

4S

ep-1

4D

ec-1

4M

ar-1

5Ju

n-15

Aug

-15

Nov

-15

Feb

-16

May

-16

Aug

-16

Oct

-16

Jan-

17A

pr-1

7Ju

l-17

Oct

-17

Dec

-17

Mar

-18

Jun-

18S

ep-1

8D

ec-1

8F

eb-1

9

0.960.981.001.021.041.061.081.101.121.141.161.181.201.221.241.26

Ince

ptio

nF

eb-1

1A

pr-1

1Ju

n-11

Aug

-11

Oct

-11

Dec

-11

Feb

-12

Apr

-12

Jun-

12A

ug-1

2O

ct-1

2D

ec-1

2F

eb-1

3A

pr-1

3Ju

n-13

Aug

-13

Oct

-13

Dec

-13

Feb

-14

Apr

-14

Jun-

14A

ug-1

4O

ct-1

4D

ec-1

4F

eb-1

5A

pr-1

5Ju

n-15

Aug

-15

Oct

-15

Dec

-15

Feb

-16

Apr

-16

Jun-

16A

ug-1

6O

ct-1

6D

ec-1

6F

eb-1

7A

pr-1

7Ju

n-17

Aug

-17

Oct

-17

Dec

-17

Feb

-18

Apr

-18

Jun-

18A

ug-1

8O

ct-1

8D

ec-1

8F

eb-1

9


Bond

Money market





Government Bond: ChangeROI 2022 ROI 2029 NAV/Unit NAV/Unit (%)ROI 2023 ROI 2029 Sukuk Highest NAV 1.86%ROI 2026 Lowest NAV 0.30%

Fixed Deposit:




Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 29-3-2019 : USD 2.1 million (per 29 March 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


March 2019

FUND FACT SHEET

Portfolio





Asset Allocation


YTD 1 year


Major PortfolioMar-19 Feb-19

1.1790 1.1575 1.1558 1.1524



Daily Movement in %

1.96% 4.52% 5.20% 4.52% 5.69%1.90% 3.73% 3.83% 3.73% 3.46%


3-Jan-11

1.1771



Analysis

Sentiments turned positive after markets expected more accommodative policy from the Fed after US employment data release. The Fed maintained its reference rate at 2.25-2.5% and it is expected to stay until the end of the year. (source: Schroders)

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

Jan-

11M

ar-1

1Ju

n-11

Sep

-11

Dec

-11

Mar

-12

May

-12

Aug

-12

Nov

-12

Feb

-13

May

-13

Jul-1

3O

ct-1

3Ja

n-14

Apr

-14

Jul-1

4S

ep-1

4D

ec-1

4M

ar-1

5Ju

n-15

Aug

-15

Nov

-15

Feb

-16

May

-16

Aug

-16

Oct

-16

Jan-

17A

pr-1

7Ju

l-17

Oct

-17

Dec

-17

Mar

-18

Jun-

18S

ep-1

8D

ec-1

8F

eb-1

9

0.960.981.001.021.041.061.081.101.121.141.161.181.201.221.241.261.28

Ince

ptio

nM

ar-1

1Ju

n-11

Sep

-11

Dec

-11

Mar

-12

Jun-

12S

ep-1

2D

ec-1

2M

ar-1

3Ju

n-13

Sep

-13

Dec

-13

Mar

-14

Jun-

14S

ep-1

4D

ec-1

4M

ar-1

5Ju

n-15

Sep

-15

Dec

-15

Mar

-16

Jun-

16S

ep-1

6D

ec-1

6M

ar-1

7Ju

n-17

Sep

-17

Dec

-17

Mar

-18

Jun-

18S

ep-1

8D

ec-1

8M

ar-1

9


Bond

Money market






Fixed Deposit:




Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 30-4-2019 : USD 2.1 million (per 30 April 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


April 2019

FUND FACT SHEET

Portfolio





Asset Allocation


YTD 1 year


Major PortfolioApr-19 Mar-19

1.1840 1.1790 1.1740 1.1558



Daily Movement in %

0.71% 2.76% 7.36% 5.25% 7.12%0.59% 2.46% 5.53% 4.34% 4.68%


3-Jan-11

1.1840



Analysis

Global factors dominate market movement, with stronger US dollar led to corrections on emerging market assets. Trade war concerns and higher oil price were among main issues affecting investors’ sentiments. (source: Schroders)

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

Jan-

11A

pr-1

1Ju

l-11

Oct

-11

Feb

-12

May

-12

Aug

-12

Dec

-12

Mar

-13

Jun-

13S

ep-1

3Ja

n-14

Apr

-14

Jul-1

4N

ov-1

4F

eb-1

5M

ay-1

5A

ug-1

5D

ec-1

5M

ar-1

6Ju

n-16

Oct

-16

Jan-

17A

pr-1

7Ju

l-17

Nov

-17

Feb

-18

May

-18

Sep

-18

Dec

-18

Mar

-19

0.960.981.001.021.041.061.081.101.121.141.161.181.201.221.241.261.281.30

Ince

ptio

n

Apr

-11

Aug

-11

Dec

-11

Apr

-12

Aug

-12

Dec

-12

Apr

-13

Aug

-13

Dec

-13

Apr

-14

Aug

-14

Dec

-14

Apr

-15

Aug

-15

Dec

-15

Apr

-16

Aug

-16

Dec

-16

Apr

-17

Aug

-17

Dec

-17

Apr

-18

Aug

-18

Dec

-18

Apr

-19


Bond

Money market






Fixed Deposit:




Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 31-5-2019 : USD 2.1 million (per 31 May 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO



3-Jan-11

1.1871



Analysis

The big thematic issue remains global economic outlook pricing in the impact from trade war between the US and China, which has been seeing prolonging discussion, and not to mention the uprising issue between the US and EU as well as Mexico. (source: Schroders)

0.26% 2.76% 5.31% 4.61% 5.14%0.32% 3.01% 6.87% 5.59% 7.47%

YTD 1 year


Major PortfolioMay-19 Apr-19

1.1871 1.1840 1.1792 1.1740



Daily Movement in %



Asset Allocation


May 2019

FUND FACT SHEET

Portfolio



-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

Jan-

11M

ay-1

1

Sep

-11

Jan-

12M

ay-1

2

Sep

-12

Jan-

13M

ay-1

3S

ep-1

3Ja

n-14

May

-14

Sep

-14

Jan-

15M

ay-1

5S

ep-1

5Ja

n-16

May

-16

Sep

-16

Jan-

17M

ay-1

7

Sep

-17

Jan-

18M

ay-1

8S

ep-1

8Ja

n-19

May

-19

0.960.981.001.021.041.061.081.101.121.141.161.181.201.221.241.261.281.30

Ince

ptio

n

Apr

-11

Aug

-11

Dec

-11

Apr

-12

Aug

-12

Dec

-12

Apr

-13

Aug

-13

Dec

-13

Apr

-14

Aug

-14

Dec

-14

Apr

-15

Aug

-15

Dec

-15

Apr

-16

Aug

-16

Dec

-16

Apr

-17

Aug

-17

Dec

-17

Apr

-18

Aug

-18

Dec

-18

Apr

-19


Bond

Money market






Fixed Deposit:




Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 30-6-2019 : USD 2.1 million (per 30 June 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


June 2019

FUND FACT SHEET

Portfolio





Asset Allocation


YTD 1 year


Major PortfolioJun-19 May-19

1.2212 1.1871 1.2053 1.1792



Daily Movement in %

2.13% 3.18% 7.83% 7.83% 10.01%2.46% 3.33% 7.18% 7.18% 8.10%


3-Jan-11

1.2163



Analysis

The 10-year USD denominated Indonesian sovereign bond (INDON29) also saw strength with yields decreasing from 3.8% to 3.4%. This represents a decrease in the yield spread compared to the US 10-year sovereign bond of 28bps from 168bps to 140bps. (source: Schroders)

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

Jan-

11M

ay-1

1S

ep-1

1Ja

n-12

May

-12

Sep

-12

Jan-

13M

ay-1

3S

ep-1

3Ja

n-14

May

-14

Sep

-14

Jan-

15M

ay-1

5S

ep-1

5Ja

n-16

May

-16

Sep

-16

Jan-

17M

ay-1

7S

ep-1

7Ja

n-18

May

-18

Sep

-18

Jan-

19M

ay-1

9

0.96

1.00

1.04

1.08

1.12

1.16

1.20

1.24

1.28

1.32

1.36

Ince

ptio

n

Jun-

11

Dec

-11

Jun-

12

Dec

-12

Jun-

13

Dec

-13

Jun-

14

Dec

-14

Jun-

15

Dec

-15

Jun-

16

Dec

-16

Jun-

17

Dec

-17

Jun-

18

Dec

-18

Jun-

19


Bond

Money market






Fixed Deposit:




Launching Date : Dealing/Valuation Day : DailyFund Currency : US Dollar (USD) Level : StableCustodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*Risk Level : Low - Medium Price (NAV) per unit :Fund Size @ 31-7-2019 : USD 2.1 million (per 31 July 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO



3-Jan-11

1.2288



Analysis

In the beginning of the month, positive sentiments were mostly driven by expectation of the Fed rate cut, which led to weakening USD and thus better performing EM currencies assets. However, selling pressures occurred by the end of the Indonesia 3 month and pushed yield back, amidst low trading volume. Increased geopolitical risk, prospects of no-deal Brexit were among negative factors influencing the market. US Treasury yield moved sideways and remained at 2% area, while USD denominated Indonesian sovereign bond slightly strengthened, with 10-year INDON29 yield decreasing from 3.3% to 3.1%. (source: Schroders)

1.03% 3.78% 6.33% 8.28% 8.28%1.10% 3.58% 6.44% 9.03% 9.82%

YTD 1 year


Major PortfolioJul-19 Jun-19

1.2307 1.2212 1.2185 1.2053



Daily Movement in %



Asset Allocation


July 2019

FUND FACT SHEET

Portfolio



-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

Jan-

11M

ay-1

1S

ep-1

1Ja

n-12

May

-12

Sep

-12

Jan-

13M

ay-1

3S

ep-1

3Ja

n-14

May

-14

Sep

-14

Jan-

15M

ay-1

5S

ep-1

5Ja

n-16

May

-16

Sep

-16

Jan-

17M

ay-1

7S

ep-1

7Ja

n-18

May

-18

Sep

-18

Jan-

19M

ay-1

9

0.96

1.00

1.04

1.08

1.12

1.16

1.20

1.24

1.28

1.32

1.36

Ince

ptio

n

Jun-

11

Dec

-11

Jun-

12

Dec

-12

Jun-

13

Dec

-13

Jun-

14

Dec

-14

Jun-

15

Dec

-15

Jun-

16

Dec

-16

Jun-

17

Dec

-17

Jun-

18

Dec

-18

Jun-

19


Bond

Money market


Bond 89,50%

Money market 10,50%


Bond 80% - 98%

Money market 2% - 20%

Government Bond: Change

ROI 2022 ROI 2029 NAV/Unit NAV/Unit (%)

ROI 2023 ROI 2029 Sukuk Highest NAV 1,57%

ROI 2026 Lowest NAV 0,69%

Fixed Deposit:

Since

1 Mth 3 Mths 6 Mths 3 years 5 years Inception

GreatLink USD Fixed Income Fund 9,49% 13,92% 24,99%

IBPA Indonesia Global Bond Index* 14,87% 22,18% 33,76%*prior to 1 Jan 2017: 30% JPEGID+70% ADR


Launching Date : Dealing/Valuation Day : Daily

Fund Currency : US Dollar (USD) Level : Stable

Custodian Bank : Citibank N.A Annual Management Charge : 0.1% p.a.*

Risk Level : Low - Medium Price (NAV) per unit :

Fund Size @ 30-8-2019 : USD 2.0 million (per 30 August 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


August 2019

FUND FACT SHEET

Portfolio



GreatLink USD Fixed Income Fund is an alternative investment product for customers to provide stable

return with a low - medium risk level for long term investment. GreatLink USD Fixed Income Fund invests

in bonds and money market instruments.

PT Great Eastern Life Indonesia (GELI) is a member of Great Eastern Holdings, the largest insurance

group in Singapore and Malaysia with total assets of more than S $ 60 billion and 4 million policy holders.

Great Eastern is also the only life insurance company listed in the Singapore Exchange, and the largest life

insurer in Southeast Asia in terms of assets and market capitalization.

Asset Allocation


YTD 1 year

PT Schroder Investment Management Indonesia is a 99% owned subsidiary of Schroders plc

headquartered in the United Kingdom and has been operating in Indonesia since 1991.

Major PortfolioAug-19 Jul-19

1,2500 1,2307

1,2269 1,2185



Daily Movement in %

1,50% 4,81% 7,96% 10,67% 11,18%

1,72% 5,29% 8,20% 10,14% 9,98%

This report is a periodic report that contains all the data up to the date as stated at the top. All reviews posted on the above is based on data and information in this report. Various efforts have been made to ensure that

the information provided is correct at the time of publication. The PT. Great Eastern Life Indonesia does not fully guarantee that there are no errors in calculation or in writing. This report can not be used as a basis for

consideration to buy or sell a security but merely a record of performance based on historical data.

3-Jan-11

1,2499


* not including the custodian fee of 0.2% p.a. from the Investment Fund. In the event that the Company delegates part or all of the management of the Investment Fund to a third party, such third party may impose its

own expenses (including among others investment management fee) on the Investment Fund. All such expenses are already taken into account in the Unit Price for this Investment Fund.

Analysis

During the month, the 10-Year Treasury Note yield also hit below the 2-Year note, accelerating worries towards economic sustainability given the inverted yield. The FOMC meeting

is due on September 2019, which will be the key date for the market in regards the Central Bank’s view towards economic view going forward. (source: Schroders)

-1,5%

-1,0%

-0,5%

0,0%

0,5%

1,0%

1,5%

2,0%

Jan-1

1A

pr-

11

Jul-1

1O

ct-1

1Ja

n-1

2A

pr-

12

Jul-1

2O

ct-1

2Ja

n-1

3A

pr-

13

Jul-1

3O

ct-1

3Ja

n-1

4A

pr-

14

Jul-1

4O

ct-1

4Ja

n-1

5A

pr-

15

Jul-1

5O

ct-1

5Ja

n-1

6A

pr-

16

Jul-1

6O

ct-1

6Ja

n-1

7A

pr-

17

Jul-1

7O

ct-1

7Ja

n-1

8A

pr-

18

Jul-1

8O

ct-1

8Ja

n-1

9A

pr-

19

Jul-1

9

0,96

1,00

1,04

1,08

1,12

1,16

1,20

1,24

1,28

1,32

1,36

Incep

tion

Apr-

11

Aug

-11

Dec-1

1

Apr-

12

Aug

-12

Dec-1

2

Apr-

13

Aug

-13

Dec-1

3

Apr-

14

Aug

-14

Dec-1

4

Apr-

15

Aug

-15

Dec-1

5

Apr-

16

Aug

-16

Dec-1

6

Apr-

17

Aug

-17

Dec-1

7

Apr-

18

Aug

-18

Dec-1

8

Apr-

19

Aug

-19


Bond

Money market


Bond 83,28%

Money market 16,72%


Bond 80% - 98%



ROI 2018 ROI 2029 NAV/Unit NAV/Unit (%)

ROI 2022 ROI 2029 Sukuk Highest NAV 0,56%

ROI 2026 Lowest NAV 1,16%

Fixed Deposit:

Since









Fund Size @ 30-9-2019 : USD 2.0 million (per 30 September 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO





3-Jan-11

1,2437




Analysis

As expected, the Fed lowered interest by 25 bps, and suggested that it was prepared to move aggressively if the US economy showed additional signs of weakening. US Treasury

yield increased from 1.5% to 1.67%, while USD denominated Indonesian sovereign bond also weakened, with 10-year Republic of Indonesia 2029 yield increasing from 2.75% to

2.94%. (source: Schroders)

-0,50% 2,25% 5,66% 9,60% 9,70%

-0,26% 2,36% 5,61% 10,37% 11,10%

YTD 1 year



Major PortfolioSep-19 Aug-19

1,2570 1,2500

1,2437 1,2294



Daily Movement in %








Asset Allocation


September 2019

FUND FACT SHEET

Portfolio



-1,5%

-1,0%

-0,5%

0,0%

0,5%

1,0%

1,5%

2,0%

Jan-1

1A

pr-

11

Jul-1

1O

ct-1

1Ja

n-1

2A

pr-

12

Jul-1

2O

ct-1

2Ja

n-1

3A

pr-

13

Jul-1

3O

ct-1

3Ja

n-1

4A

pr-

14

Jul-1

4O

ct-1

4Ja

n-1

5A

pr-

15

Jul-1

5O

ct-1

5Ja

n-1

6A

pr-

16

Jul-1

6O

ct-1

6Ja

n-1

7A

pr-

17

Jul-1

7O

ct-1

7Ja

n-1

8A

pr-

18

Jul-1

8O

ct-1

8Ja

n-1

9A

pr-

19

Jul-1

9

0,96

1,00

1,04

1,08

1,12

1,16

1,20

1,24

1,28

1,32

1,36

Incep

tion

Ma

r-1

1

Jun-1

1

Sep

-11

Dec-1

1

Ma

r-1

2

Jun-1

2

Sep

-12

Dec-1

2

Ma

r-1

3

Jun-1

3

Sep

-13

Dec-1

3

Ma

r-1

4

Jun-1

4

Sep

-14

Dec-1

4

Ma

r-1

5

Jun-1

5

Sep

-15

Dec-1

5

Ma

r-1

6

Jun-1

6

Sep

-16

Dec-1

6

Ma

r-1

7

Jun-1

7

Sep

-17

Dec-1

7

Ma

r-1

8

Jun-1

8

Sep

-18

Dec-1

8

Ma

r-1

9

Jun-1

9

Sep

-19


Bond

Money market


Bond 84,62%

Money market 15,38%


Bond 80% - 98%



ROI 2022 ROI 2029 / Feb NAV/Unit NAV/Unit (%)

ROI 2026 ROI 2029 Sukuk Highest NAV -0,56%

ROI 2029 / Sept Lowest NAV -0,12%

Fixed Deposit:

Since









Fund Size @ 31-10-2019 : USD 1.9 million (per 31 October 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


October 2019

FUND FACT SHEET

Portfolio










Asset Allocation


YTD 1 year



Major PortfolioOct-19 Sep-19

1,2500 1,2570

1,2422 1,2437



Daily Movement in %

0,31% 1,55% 5,19% 10,72% 12,94%

0,07% 1,29% 5,12% 9,68% 10,93%




3-Jan-11

1,2446




Analysis

US Treasury yield moved sideways and slightly increased from 1.67% to 1.69%, while USD denominated Indonesian 10-year yield (INDON29) decreased from 3.02% to 3% during

the month. (source: Schroders)

-1,5%

-1,0%

-0,5%

0,0%

0,5%

1,0%

1,5%

2,0%

Jan-1

1A

pr-

11

Jul-1

1O

ct-1

1Ja

n-1

2A

pr-

12

Jul-1

2O

ct-1

2Ja

n-1

3A

pr-

13

Jul-1

3O

ct-1

3Ja

n-1

4A

pr-

14

Jul-1

4O

ct-1

4Ja

n-1

5A

pr-

15

Jul-1

5O

ct-1

5Ja

n-1

6A

pr-

16

Jul-1

6O

ct-1

6Ja

n-1

7A

pr-

17

Jul-1

7O

ct-1

7Ja

n-1

8A

pr-

18

Jul-1

8O

ct-1

8Ja

n-1

9A

pr-

19

Jul-1

9O

ct-1

9

0,96

1,00

1,04

1,08

1,12

1,16

1,20

1,24

1,28

1,32

1,36

Incep

tion

Ma

r-1

1

Jun-1

1

Sep

-11

Dec-1

1

Ma

r-1

2

Jun-1

2

Sep

-12

Dec-1

2

Ma

r-1

3

Jun-1

3

Sep

-13

Dec-1

3

Ma

r-1

4

Jun-1

4

Sep

-14

Dec-1

4

Ma

r-1

5

Jun-1

5

Sep

-15

Dec-1

5

Ma

r-1

6

Jun-1

6

Sep

-16

Dec-1

6

Ma

r-1

7

Jun-1

7

Sep

-17

Dec-1

7

Ma

r-1

8

Jun-1

8

Sep

-18

Dec-1

8

Ma

r-1

9

Jun-1

9

Sep

-19


Bond

Money market


Bond 87.35%

Money market 12.65%


Bond 80% - 98%



ROI - Sukuk Feb/2029 ROI Jan/2022 NAV/Unit NAV/Unit (%)

ROI 2025 ROI Jan/2026 Highest NAV -0.30%

ROI Feb/2029 Lowest NAV 0.02%

Fixed Deposit:

Since


GreatLink USD Fixed Income Fund 10.74% 12.89% 24.62%

IBPA Indonesia Global Bond Index* 17.03% 21.82% 34.27%*prior to 1 Jan 2017: 30% JPEGID+70% ADR






Fund Size @ 29-11-2019 : USD 1.8 million (per 29 November 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO





3-Jan-11

1.2462




Analysis

US Treasury yield moved sideways and slightly increased from 1.69% to 1.77%, while USD denominated Indonesian 10-year yield (INDON29) was flat at 3% during the month.

(source: Schroders)

0.13% -0.30% 4.98% 9.82% 10.56%

0.33% 0.38% 5.20% 11.08% 12.43%

YTD 1 year



Major PortfolioNov-19 Oct-19

1.2462 1.2500

1.2425 1.2422



Daily Movement in %








Asset Allocation


November 2019

FUND FACT SHEET

Portfolio



-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

Jan-1

1

Jun-1

1

Nov-1

1

Apr-

12

Sep

-12

Feb

-13

Jul-1

3

Dec-1

3

Ma

y-14

Oct

-14

Ma

r-1

5

Aug

-15

Jan-1

6

Jun-1

6

Nov-1

6

Apr-

17

Sep

-17

Feb

-18

Jul-1

8

Dec-1

8

Ma

y-19

Oct

-19

0.96

1.00

1.04

1.08

1.12

1.16

1.20

1.24

1.28

1.32

1.36

Incep

tion

Ma

y-11

Oct

-11

Ma

r-1

2

Aug

-12

Jan-1

3

Jun-1

3

Nov-1

3

Apr-

14

Sep

-14

Feb

-15

Jul-1

5

Dec-1

5

Ma

y-16

Oct

-16

Ma

r-1

7

Aug

-17

Jan-1

8

Jun-1

8

Nov-1

8

Apr-

19

Sep

-19


Bond

Money market


Bond 85.34%

Money market 14.66%


Bond 80% - 98%



ROI - Sukuk Feb/2029 ROI Jan/2026 NAV/Unit NAV/Unit (%)

ROI 2025 ROI Jan/2029 Highest NAV 0.45%

ROI Jan/2022 Lowest NAV 0.21%

Fixed Deposit:

Since


GreatLink USD Fixed Income Fund 11.44% 13.77% 25.18%

IBPA Indonesia Global Bond Index* 18.17% 23.04% 35.23%*prior to 1 Jan 2017: 30% JPEGID+70% ADR






Fund Size @ 30-12-2019 : USD 1.8 million (per 30 December 2019)

Disclaimer



T : (021) 2554 3888 F : (021) 5794 4717 SMS : 0812-129-3800 Type *INFO


December 2019

FUND FACT SHEET

Portfolio










Asset Allocation


YTD 1 year



Major PortfolioDec-19 Nov-19

1.2518 1.2462

1.2451 1.2425



Daily Movement in %

0.72% 1.36% 3.75% 11.88% 11.88%

0.45% 0.65% 2.92% 10.31% 10.31%




3-Jan-11

1.2518




Analysis

Treasury yield has moved up from 1.777% to 1.921% due to strong US job market and favorable phase one deal outcome, while the USD denominated Indonesian 10-year yield

(INDON29) closed at 2.86% at the end of the month. (source: Schroders)

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

Jan-1

1

Jun-1

1

Nov-1

1

Apr-

12

Sep

-12

Feb

-13

Jul-1

3

Dec-1

3

Ma

y-14

Oct

-14

Ma

r-1

5

Aug

-15

Jan-1

6

Jun-1

6

Nov-1

6

Apr-

17

Sep

-17

Feb

-18

Jul-1

8

Dec-1

8

Ma

y-19

Oct

-19

0.96

1.00

1.04

1.08

1.12

1.16

1.20

1.24

1.28

1.32

1.36

1.40

Incep

tion

Ma

r-1

1

Jun-1

1S

ep

-11

Dec-1

1

Ma

r-1

2

Jun-1

2

Sep

-12

Dec-1

2

Ma

r-1

3

Jun-1

3

Sep

-13

Dec-1

3

Ma

r-1

4

Jun-1

4

Sep

-14

Dec-1

4

Ma

r-1

5

Jun-1

5

Sep

-15

Dec-1

5

Ma

r-1

6

Jun-1

6

Sep

-16

Dec-1

6M

ar-

17

Jun-1

7

Sep

-17

Dec-1

7

Ma

r-1

8

Jun-1

8

Sep

-18

Dec-1

8

Ma

r-1

9

Jun-1

9

Sep

-19

Dec-1

9


Bond

Money market

January 2019 GreatLink USD Fixed Income Fund FUND FACT …...Menara Karya Lantai 5, Jl. HR. Rasuna...

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Transcript of January 2019 GreatLink USD Fixed Income Fund FUND FACT …...Menara Karya Lantai 5, Jl. HR. Rasuna...