The CAL Advantage Balanced Unit Trust returned -0.32% in September, trimming its year-to-date (YTD) performance to 17.53%. The month's performance reflects losses in the equity segment amid a broader market correction, partly offset by stable income from fixed- income holdings, which helped cushion downside risk. During the month, the Trust tactically increased its allocation to attractively valued listed equities to capitalize on potential recovery opportunities, while actively managing fixed-income duration in anticipation of possible interest rate increases in the coming months. The portfolio also accumulated cash from maturing Treasury securities, preserving liquidity and providing flexibility to pursue attractive reinvestment opportunities. Looking ahead, the Trust will continue to strengthen portfolio resilience through a measured and progressive diversification strategy. This includes a structured allocation to global markets aimed at reducing exposure to domestic cyclical risks and preserving unitholders' purchasing power in hard currency terms. Local equity investments will remain disciplined and selective, with a focus on high-conviction opportunities. On the fixed income side, the strategy will emphasise active duration management and opportunistic positioning to capture attractive risk-adjusted returns in an evolving market.
Investment Objective
To generate medium to long-term value through systematic growth of investors’ funds by investing in a combination of Fixed Income and Equity securities.
Investment Strategy
The CAL Advantage Unit Trust achieves its objectives through investments in a diversified portfolio of fixed-income securities and equities. Management of the Unit Trust is based on a tactical asset allocation style. A more active approach is adopted in selecting securities that provide the best risk-adjusted return in the long term while taking advantage of short-term gains from time to time.
