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May 29, 2022 -Sunday

 
  AMINVEST TAKES TOP COUNTRY'S HONOURS AS MALAYSIA'S BEST PENSION FUND MANAGER

Monday 27/05/2019



KUALA LUMPUR, May 27 (Bernama) -- AmInvest has been honoured as Malaysia’s Best Pension Fund Manager by Asia Asset Management at its 2019 Best of the Best Awards (“Awards”).1 Held annually for the past 15 years, the Awards recognise the most outstanding players in the funds management business in Asia.1 AmInvest was the recipient of this award for four consecutive years from 2013 to 2016.2
 
Asia Asset Management had assessed AmInvest over three-year and five-year periods on how it has managed its domestic pension mandates and Private Retirement Scheme (“AmPRS”) funds, the size of these mandates and returns against relevant benchmarks, as well as investor education initiatives undertaken.1
 
“Our ability to understand and anticipate the ever-changing market environment has given us the foresight to develop retirement solutions as well as a robust investment process to deliver consistent positive returns over the long term,” said Goh Wee Peng, Chief Executive Officer of AmInvest.
 
The growth of AmInvest’s pension business has been on an upward trajectory throughout the years. Over the past five years, AmInvest’s pension mandates and AmPRS funds’ assets under management recorded a 26% growth or around MYR2.75 billion.
 
AmInvest, the funds management arm of AmInvestment Bank also offers one of the most diverse range of private retirement funds in the market comprising 10 AmPRS funds across various asset classes and geographical exposure, in both the conventional and Shariah-compliant spaces.3 These funds differ in terms of expected returns and risks for selection according to respective retirement needs, goals and risk tolerance. AmInvest is the only Private Retirement Scheme (“PRS”) provider in the country to offer unique PRS non-core fund offerings, namely a real estate Asia Pacific fund called AmPRS-Asia Pacific REITs and two bond funds, AmPRS-Tactical Bond and AmPRS-Dynamic# Sukuk.4
 
“We are honoured to receive this acknowledgement as it is truly a testament of our team’s unwavering commitment to performance excellence, and the affirmation and trust of our clients and investors in our capabilities to manage their pension and retirement investments,” said Dato' Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.
 
AmInvest claimed the top three spots for the best performing PRS funds over a one-year performance period as at 19th April 2019. AmPRS – Asia Pacific REITs ranked first with a total return (a measure of the fund’s performance comprising income distribution and capital gains) of around 16%.5 AmPRS-Tactical Bond took the second spot with a total return of about 6.9%, whereas AmPRS – Dynamic# Sukuk came in third with a total return of around 6.8%.5
 
Asia Asset Management is a publication based in Hong Kong which provides news on the Asian asset management industry.1

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.
 
Sources & Notes:
#The word “Dynamic” refers to the Target Fund’s (AmDynamic# Sukuk) investment strategy which is active management, not a buy-and-hold strategy.
1 Asia Asset Management 2019 Best of the Best Awards, based on information extracted from www.asiaasset.com  as at 16th January 2019.
2 Asia Asset Management’s 2013, 2014, 2015 and 2016 Best of the Best Awards.
3 Based on data compiled by Lipper, Refinitiv on the list of PRS funds in Malaysia as at 19th April 2019.
4 Based on data compiled by Lipper, Refinitiv under the Pension Funds category (according to Lipper Global Classification) as at 19th April 2019 for the following funds: AmPRS–Asia Pacific REITs D (Equity Sector Real Estate Asia Pacific), AmPRS–Dynamic# Sukuk D (Bond MYR) and AmPRS–Tactical Bond D (Bond Asia Pacific LC).
5 Based on data compiled by Lipper, Refinitiv under the Pension Funds category (according to Lipper Global Classification) in Malaysia for the fund’s one-year total return as at 19th April 2019. Primary funds are to be used by default in performance statistics to prevent double counting and ranking anomalies. Performance is shown in Malaysian Ringgit on a Net Asset Value (NAV) price basis with income distribution reinvested. Performance figures are calculated net of all fees, charges and expenses, except entry charge and exit penalty (if any). Past performance is not indicative of future performance. 
 
 
Disclaimer:  
AmFunds Management Berhad and its employees 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 unit trust funds and contributions in private retirement scheme carry risks. An outline of some of the risks is contained in the Master Prospectus dated 10 September 2017, First Supplementary Master Prospectus dated 4 January 2018 and Second Supplementary Master Prospectus dated 20 December 2018 as well as the Second Replacement Disclosure Document for AmPRS dated 7 October 2016, First Supplementary Disclosure Document dated 7 November 2016, Second Supplementary Disclosure Document dated 30 January 2018 and Third Supplementary Disclosure Document dated 20 December 2018 ("Prospectuses/Disclosure Documents"). Investments/Contributions in the fund(s)/private retirement scheme(s) involve risks including the risk of total capital loss and no income distribution. Please refer to the Prospectuses /Disclosure Documents for detailed information on the specific risks of the fund(s). While our Shariah-compliant fund(s) have been structured to conform to Shariah principles, investors should seek their own independent Shariah advice prior to investing/contributing to any of our Shariah-compliant fund(s). 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. Kindly take note that where a unit split is declared, the value of your investment in Malaysian Ringgit will remain unchanged after the distribution of the additional units. Units will be issued upon receipt of the complete application form accompanying the Prospectuses/Disclosure Documents and subject to the terms and conditions therein. You have the right to request for a copy of Product Highlights Sheet(s) for the fund(s). You are advised to read and understand the contents of the Product Highlights Sheet(s) and Prospectuses/Disclosure Documents before making an investment decision. The Prospectuses/Disclosure Documents have been registered with the Securities Commission Malaysia, which takes no responsibility for its/their contents. You can obtain a copy of the Product Highlights Sheet(s) and Prospectuses/Disclosure Documents at www.aminvest.com. AmFunds Management Berhad (154432-A) 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.

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

 
 
 

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