KUALA LUMPUR, April 23 (Bernama) -- AmInvest was awarded as the Best Domestic Fixed Income Fund Manager 2018 at the Employees Provident Fund (“EPF”)’s External Fund Managers Annual Awards 2019 (“EPF Awards”) held recently.¹
 
The EPF Awards recognises “the outstanding performance by external fund managers in managing EPF’s investment portfolio”.¹
 
Commenting on the win, Goh Wee Peng, Chief Executive Officer of AmInvest said, “Our team’s foresight and ability to apply a defensive investment strategy, coupled with our robust investment processes in place was instrumental in helping to cushion the impact to the investment portfolio during the volatile market conditions of 2018. It is an honour and privilege to be recognised by EPF as the top performing external portfolio manager in this category as it is an affirmation of the strength of our fixed income team. It is also a reflection of our in-house fixed income investment expertise and capabilities built over the past 38 years.”
 
As at March 2019, AmInvest’s total Assets Under Management (“AUM”) stood at an all-time high of approximately MYR40.5 billion, out of which 82% of its AUM comprised fixed income investments.
 
“Looking ahead, we will continue assisting our clients to navigate the markets towards achieving their investment goals,” Ms Goh added.
 
The first quarter of this year has also seen AmInvest receiving other recognitions for fund performance. At the recent Morningstar Awards 2019 Malaysia² (“Morningstar Awards”), AmInvest made a clean sweep of both awards in the fixed income category. AmDynamic^# Bond was named the Best Malaysia Bond Fund, and AmBon Islam won the Best Malaysia Bond (Syariah) Fund Award.² Morningstar recognises “funds that delivered the greatest outperformance, on a risk-adjusted basis, in 2018, and over the long term.² The awards methodology emphasises the one-year period, but funds must also have delivered strong three-year returns after adjusting for risk within the awards peer group in order to obtain the award”.² These award-winning funds are also unit trust funds eligible under the EPF Member’s Investment Scheme (“EPF MIS”). EPF MIS allows EPF members to transfer a portion of their savings from their Account 1 for investments through appointed fund management institutions as an option to enhance their retirement savings.
 
About AmInvest
AmInvest is the brand for the funds management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd, both of which are wholly-owned subsidiaries of AmInvestment Bank Berhad.  AmInvest is a multiple award-winning funds management house based in Malaysia with 38 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.

Notes and Sources:
# The word “Dynamic” refers to the fund’s investment strategy which is active management, not buy-and-hold strategy.
¹ Employees Provident Fund (EPF) External Fund Managers Annual Awards 2019, March 2019.
² Morningstar Awards 2019 Malaysia, March 2019. 


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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