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AMINVEST'S THIRD CONSECUTIVE WIN AS MALAYSIA'S BEST EXCHANGE TRADED FUND (ETF) PROVIDER
Tuesday 18/09/2018
Heow Yen Fen, Senior Vice President of Product Development & Management, AmInvest with the Best ETF Provider, Malaysia award at The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2018 held in Hong Kong on 11 September 2018. |
KUALA LUMPUR, Sept 18 (Bernama) -- AmInvest has continued its winning streak by taking home the country’s Best ETF Provider award (the “Award”) for the third consecutive year, at The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2018.1 AmInvest dominates the Malaysian market as the largest ETF provider in the country with around RM1.5 billion worth of assets under management and commands a market share of 71%.2
The Asset commended AmInvest for providing “the most appropriate ETF products for its clients.” AmInvest manages Malaysia’s first and only bond ETF, ABF Bond Index Fund (“ABF Malaysia”) and the first equity ETF, FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”) which were launched in 2005 and 2007 respectively.3
ABF Malaysia’s portfolio consists of mainly Malaysian government bonds. It tracks the performance of Markit iBoxx®ABF Malaysia Bond Index. FBM KLCI etf is designed to follow the performance of its benchmark index, FTSE Bursa Malaysia KLCI, the underlying stocks of which comprises Malaysia’s top 30 largest companies in terms of market capitalisation.
“It is indeed an honour for AmInvest to be recognised as Malaysia’s Best ETF Provider for the third consecutive year. We are pleased that our ETFs continue to provide investors with an easy and cost-effective way to diversify their investment portfolios,” said Goh Wee Peng, Chief Executive Officer of AmInvest.
The ETF market players, amongst whom AmInvest is a prominent member, together with the regulators, have been working closely over the years to improve the competitiveness of Malaysian ETFs through product innovations and improvements.
“ETFs are gaining popularity in major markets across the world. New recommendations including direct submission by ETF managers to regulators, lowering the minimum capital requirement for ETF issuers to RM2 million and broadening of the ETF distribution channels have been proposed by our regulators last year to improve the ETF ecosystem and to spur the ETF market growth. AmInvest also led and participated in numerous investor engagements and education programmes to increase ETF’s visibility,” Ms Goh added.
Asset Publishing & Research Limited is a financial publishing group in Asia-Pacific based in Hong Kong, whose publications are targeted at Asian issuers and global institutional investors.
This Award comes just after AmInvest’s fresh win as Malaysia’s Best Asset & Fund Manager awarded by Alpha Southeast Asia.4
For more information on ABF Bond Index Fund and FBM KLCI etf, please visit www.abfmy1.com.my and at www.fbmklcietf.com.my respectively.
About AmInvest
AmInvest is the brand for the fund management business of AmInvestment Bank Berhad, which manages both conventional and Shariah-compliant funds. AmInvest is a multiple award-winning fund management house based in Malaysia with more than 35 years of investing experience. It 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 The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2016, 2017 and 2018.
2 Based on the total fund size of ETFs in Malaysia, sourced from data compiled by Lipper, a Thomson Reuters company, as at 31 July 2018.
3 Based on the launch dates of ETFs in Malaysia, sourced from data compiled by Lipper, a Thomson Reuters company, as at 31 July 2018.
4 Alpha Southeast Asia, 25 July 2018.
Disclaimer:
AmFunds Management Berhad shall not be held liable to you for any damage, direct, indirect or consequential losses (including loss of profit), claims, actions, demands, liabilities suffered by you or proceedings and judgments brought or established against you, and costs, charges and expenses incurred by you or for any investment decision that you have made as a result of relying on the content or information in this material. You shall assume full responsibility for your use of any content or information in this material and waive all your rights (if any) against AmFunds Management Berhad. The information contained in this material is for general information only and does not take into account your individual objectives, financial situations or needs. You should seek your own financial advice from a licensed adviser before investing. You should be aware that investments in exchange traded funds carry risks. An outline of some of the risks is contained in 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 “Prospectus(es)” before investing. Investments in exchange traded funds involve risks including the risk of total capital loss and no income distribution. An outline of some of the risks are contained in the Prospectus(es). Please refer to the Prospectus(es) for detailed information on the specific risks of 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. Investors are advised that following the issue of additional units or distribution, the Net Asset Value (NAV) per unit will be reduced from cum-distribution NAV to ex-distribution NAV. You have the right to request for a copy of Prospectuses for the fund. You are advised to read and understand the contents of the Prospectus(es) which have been registered with the Securities Commission Malaysia, but which takes no responsibility for its/their contents. You can obtain a copy of 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. AmFunds Management Berhad does not guarantee any returns on the investments. This material may be translated into languages other than English. In the event of any dispute or ambiguity arising out of such translated versions of this material, the English version shall prevail. AmFunds Management Berhad’s Privacy Notice can be accessed via www.aminvest.com and is made available at our head office.
iBoxx
iBoxx is a registered trademark of International Index Company Limited (IIC) and has been licensed for the use by AmFunds Management Berhad. 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 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 a trade mark of the London Stock Exchange Plc and the Financial Times Limited and has been licensed for the use by AmFunds Management Berhad.
Source: AmBank Group
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nancy Chow
--BERNAMA |
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