KUALA LUMPUR, March 8 (Bernama) -- Malaysia’s first equity Exchange Traded Fund (“ETF”),¹ FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”) has declared an interim income distribution of 2.8 sen per unit.
 
For the financial year ended 31 December 2017, FBM KLCI etf paid out a total of two income distributions totaling 3.3 sen per unit.  Income distribution is paid out semi-annually, if any.
 
FBM KLCI etf is designed to follow the performance of its benchmark index, FTSE Bursa Malaysia KLCI (“FBM KLCI”). FBM KLCI can be seen as representing the barometer of Malaysia’s top 30 largest companies in terms of market capitalisation. Investors can buy into FBM KLCI etf which is listed on Bursa Malaysia with a minimum trading size of 100 units.
 
For the past year from 31 December 2017, FBM KLCI etf has registered a total return of around 12.1%,² in line with our domestic equity market rising to new heights driven primarily by global trades and government’s investment on infrastructure projects.
 
Commenting on the outlook of the local equity market, Goh Wee Peng, Acting Chief Executive Officer of AmInvest said, “The Malaysian market, which has been a laggard amongst its regional peers, was up 9.5% in 2017. It would stand a good chance to catch up in 2018. Hence, we have upgraded the local market outlook to positive as we foresee a surge of domestic and foreign demand, oil price recovery as well as expectations for the Ringgit to remain firm. This view has led us to favour sectors such as financials, oil and gas, consumer staples and export that would likely benefit from the robust external growth and the impending general election this year.” 

AmInvest is the brand for AmFunds Management Berhad, a wholly owned subsidiary under AmInvestment Bank which manages FBM KLCI etf, Malaysia’s first equity etf and also Malaysia’s first and only bond ETF, ABF Malaysia Bond Index Fund.¹ Currently, AmInvest is the largest ETF provider in the country with around RM1.5 billion worth of assets under management for the two ETFs that it manages.³
 
For further details on FBM KLCI etf, please visit www.fbmklcietf.com.my.

About AmInvest
AmInvest is the brand for the funds management business of AmInvestment Bank which manages both conventional and Shariah-compliant funds. It is a multiple award-winning funds management house based in Malaysia with more than 35 years of investing experience. To date, AmInvest manages unit trust funds, wholesale funds, institutional mandates, Exchange Traded Funds (ETF) and Private Retirement Scheme (PRS) funds, encompassing both conventional and Shariah-compliant funds.
 
Sources:
 
¹ Based on the launch dates of the list of ETFs in Malaysia. Data extracted from Lipper for Investment Management by Lipper, a Thomson Reuters company as at December 2017. Data extracted 15 January 2018.
² Lipper Investment Management by Lipper, a Thomson Reuters company for the period 31 December 2016 to 31 December 2017, performance based on total returns. Data extracted 10 January 2018.
³ Based on the total fund value of the list of ETFs in Malaysia. Data extracted from Lipper for Investment Management by Lipper, a Thomson Reuters company as at 15 January 2018.
 
Disclaimer:  
This promotional material has been prepared for general information only and is not to be taken as containing any advice or recommendation. Wherever possible, care has been taken to ensure accuracy, and all facts and figures are correct at the time of publication. AmInvest (AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd) shall not be held liable, for any loss or damage of whatsoever nature and howsoever caused, directly or indirectly, for readers’ decisions made on their finances, investments or anything whatsoever. The information contained in this promotional material is general information only and does not take into account your individual objectives, financial situations or needs. You should seek your own financial advice from an appropriately licensed adviser before investing.
 
We recommend that you read and understand the contents of the Prospectus, Supplementary Prospectus, Second Supplementary Prospectus and Third Supplementary Prospectus for ABF Malaysia Bond Index Fund dated 13 July 2009, 1 December 2014, 1 April 2015 and 10 September 2015 respectively and the Prospectus, Supplementary Prospectus, Second Supplementary Prospectus, Third Supplementary Prospectus and Fourth Supplementary Prospectus for  FTSE Bursa Malaysia KLCI etf dated 7 June 2009, 6 July 2009, 1 December 2014, 1 April 2015 and 10 September 2015 respectively (hereinafter collectively known as “Prospectuses” before investing. 
 
A copy of the Prospectuses for ABF Malaysia Bond Index Fund (“ABF Malaysia”) and FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”) have been registered with the Securities Commission Malaysia. You may view the Prospectus(es) from the funds’ website at www.abfmy1.com.my and at www.fbmklcietf.com.my  respectively, www.aminvest.com  and  Bursa Securities' website at www.bursamalaysia.com .  
 
You should be aware that investments in unit trust funds carry risks. An outline of some of the risks are contained in the Prospectus(es). Refer to the Prospectus(es) for detailed information of the specific risks for the funds. Unit prices and income distribution, if any, may rise or fall. Past performance of a fund is not indicative of future performance. Please consider the fees and charges involved before investing. Where a distribution is declared, you are advised that following the distribution, the Net Asset Value (“NAV") per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Where a unit split is declared, you are advised that following the issue of additional units, the NAV per unit will be reduced from pre-unit split NAV to post-unit split NAV. Kindly take note that the value of your investment in Malaysian ringgit will remain unchanged after the distribution of the additional units. AmFunds Management Berhad does not guarantee any returns on the investment.

iBoxx
iBoxx is a registered trademark of International Index Company Limited (IIC) and has licensed for the use by AmFunds Management Berhad (AFM). IIC does not approve, endorse or recommend AFM or the ABF Malaysia Bond Index Fund. This product is not sponsored, endorsed or sold by IIC and IIC makes no representation regarding the suitability of investing in the product.
 
FTSE
AmFunds Management Berhad (“AFM”) has been licensed by FTSE International Limited (“FTSE”) to use the name “FTSE Bursa Malaysia KLCI”.
 
The FTSE Bursa Malaysia KLCI is calculated by FTSE. All copyright in the index values and constituent list vests in FTSE and Bursa Malaysia Berhad (“BURSA MALAYSIA”). Neither FTSE nor BURSA MALAYSIA sponsor, endorse or promote this product and are not in any way connected to it and do not accept any liability in relation to its issue, operation and trading. AFM has obtained full licence from FTSE to use such copyright in the creation of this product.
 
“FTSE®” is trade mark of the London Stock Exchange Plc and the Financial Times Limited is used by FTSE Limited under licence. “BURSA MALAYSIA” is a trade mark of Bursa Malaysia and is used under licence.
 
The Privacy Notice can be accessed via www.aminvest.com and made available at our head office. 

SOURCE : AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT: 
Name : Nancy Chow
Senior Vice President, Corporate Communications & Marketing, AmInvest
Tel : 03-2036 1881 
Email : nancy-chow@ambankgroup.com
 
--BERNAMA