my uneducated guess is...to many funds with < 5% allocations that are Overlapping.
(even though some of the funds may have an ROI of 30% for that year...it will have not much impact to your portfolio ROI)
your main portfolio performance contribution are from KGF and RHB Islamic bond....
any movement of this will have major impact to your portfolio ROI.
both are focusing mainly on Malaysia....
if you are happy with that...ok lor....

My bias view is still no change: Libra Asnita Bond.

Bond a) 1 year return is due to a one-off extraordinary gain from a defaulted bond recovery. This type of event happen rarely and is unlikely to be repeated. 

Bond b) Can be considered. But take note that its volatility is double that of Asnita. If you can tolerate its swing, then go ahead.

Bond c) Its volatility is around 7.8% (check out its FFS). With this type of volatility better go for dividend type equity fund... their volatility is roughly the same but return is higher.

Xuzen

I thought all bond funds on FSM has 0% SC?

What do you guys think of Manulife's PROGRESS fund? Not in FSM but when my friend compared it with EI small caps and KGF over 5 years, it is comparable