You are required to read and understand the prospectus before completing the application form. Also, you maybe required to complete a suitability assessment to indicate your risk tolerance. It would be quite tough for anyone to paddle backwards. As with any investment, there is always a risk. The downside is because the fund is diversified, the fund many have retained some value instead of suffering a complete write-off.

Some of the things I can think of on top of my head is...you may want to ask the fund manager:

1. why was the Sukuk chosen;
2. Why wasn't it disposed off when the Sukuk was re-rated;
3. why was such a large concentration of the sukuk opted?; and
4. Also, whether the limits and restrictions had been complied with.

Ask them for an explanation on this.

Any claim for compensation generally is a very tall order unless you can show that they have deviated from the prospectus.

OIC... 

It's a unit trust fund. Why do I want to know who the LA/FA for facilitating the issue.   Even if i knew who they are, I don't have a contract with them, only with the trustee, in which the legal interest of the unit holder is vested with and the fund manager engaged to managed the fund based on the prospectus.

If you have read, both newspaper, media, publicly available info and the annual report, you would have known why the company defaulted.

Where the asset is incapable of being valued, the operations will zeroized it.
Whatever it is waste time or not, it is the right of anyone to exhaust all avenues. If someone files a claim and got back something, are you going to be liable to compensate TS cause he/ she took your advise?  

As I have mentioned, the fund needs to be managed in accordance with the limits and restrictions contained in the prospectus, to mitigate concentration risk. Depending on which fund TS invested in, especially those which suffered a huge drop and material exposure, its worth having a look at. 

VERY GOOD POINTS

question then as you have pointed out... when did they know... what did they do...

this like the kweb saga all over again...

kweb - stashaway fund managers sucks... keep buying when kweb is dying... finally sold at bottom...

rhbxxx - rhb fund managers sucks... dunno what they are doing... finally write off...

to me same... managers all sucks...

I think it is unfair to other good fund managers just because this fund did badly, it is like ask others not to invest in stock just because serba did badly

there are many other funds that outperformed benchmark, and it is easier to invest in some markets through funds such as ASEAN and Japan.

I invested in a Japan fund that gave me more than 50% in 1+ year.

Eastspring Investments Japan Dynamic MY Fund - MYR Hedged

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYESJDMY

How about this fund?

KAF Core Income Fund

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYALOINF