Following up on my June update, here is the performance breakdown for my ASNB RIA portfolio for July 2026. Consistently tracking these monthly metrics allows me to review how the portfolio allocation navigates shifts in local and global markets.
July 2026 Performance Overview
During July 2026, the portfolio maintained positive returns alongside another manual capital injection near the end of the month. The total account value crossed the RM 5,000 threshold, reaching RM 5,095.01, reflecting an overall gain of +RM 69.79 (1.47%).
The chart below captures the month’s performance movement and the latest deposit top-up:
While growth moderated compared to earlier months, the trajectory remains stable for a higher-risk portfolio geared toward long-term equity appreciation.
Asset Allocation Breakdown
The portfolio maintains its high equity exposure to capture growth premiums across both international and domestic markets.
The breakdown of total funds as of late July stands as follows:
- ASN Equity Global (51%): RM 2,598.99
- ASN Equity Malaysia (36%): RM 1,827.03
- ASN Sukuk (12%): RM 617.52
- MYR Cash (1%): RM 51.48
Combining global and local equities accounts for 87% of the portfolio. The remaining 13% spread across fixed income (ASN Sukuk) and MYR cash provides minor downside protection against short-term market swings.
Market Context: Mid-Year Consolidation & Tech Rebalancing
A few key market drivers influenced portfolio dynamics throughout July 2026:
1. Global Equity Consolidation & Tech Rotation
Following strong tech-led gains in Q2, global stock markets underwent significant rotation and consolidation during July.
- The Semiconductor Paradox: Underlying corporate demand for AI infrastructure and hardware earnings remained fundamentally intact. However, short-term share prices took a temporary hit as investors locked in profits following record multi-quarter rallies, causing the Nasdaq Composite to decline 3.2% in July.
- Sector Rotation: Capital temporarily rotated into value and defensive sectors (such as Energy, which gained +12.5%, and Financials, up +6.0%), which helped cushion overall broad equity exposure in funds like ASN Equity Global.
- Reference: Read the broad market breakdown in the Marks Group July 2026 Market Recap.
2. Domestic Malaysian Market Resilience
Domestically, the ASN Equity Malaysia component was anchored by steady regional economic strength and sustained domestic inflows.
- Macro Data: Malaysia’s local benchmark index (FBM KLCI) held firm around the 1,714.59 level by late July, supported by strong external trade figures showing total trade growing 37.3% year-on-year to RM364.7 billion.
- Structural Support: Ongoing capital commitments toward local data center infrastructure and Malaysia’s positioning as a regional trade partner provided strong structural support to local equities throughout the month.
- Reference: Review official trade metrics directly via the Department of Statistics Malaysia (DOSM) July 2026 Trade Release.
Moving Forward
As I continue managing my portfolio alongside my software projects and side ventures, maintaining a disciplined investment approach remains key. Manually topping up the account when capital permits helps systematically build out the principal base, allowing long-term compounding to work regardless of short-term market fluctuations.
Start Your ASNB RIA Journey
👉 If you want to automate your investments across global and local Shariah-compliant funds using ASNB’s Robo-Investment Advisor, you can sign up or learn more using my ASNB RIA Referral Link and referral code HJDNWX.
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