KUALA LUMPUR, July 25 (Bernama) -- Two AmInvest unit trust funds have been picked again in this year’s FSMOne Recommended Unit Trusts Awards 2019/20 (“Recommended Unit Trusts List”)¹ for their consistent performance among peers in their respective categories. AmIncome Plus was listed as the recommended unit trust fund under the Fixed Income-Malaysia (Short Duration) category for the sixth consecutive year, whereas AmDynamic^# Bond topped the Fixed Income-Malaysia with Foreign Exposure category for the fourth year running.²
 
The Recommended Unit Trusts List by FSMOne Malaysia assists investors to shortlist consistent performing unit trust funds amongst their peers.¹ FSMOne Malaysia is the online distribution arm of iFAST Capital Sdn Bhd for unit trusts, insurance, bonds and managed portfolios.¹
 
Unit trust funds with a track record of at least three years (as at end March 2019) were considered and the returns of these funds were then compared against benchmarks and peers within similar sectors and regions.¹ The methodology for fund assessment was based on a combination of quantitative and qualitative factors.¹ The quantitative factors considered were historical performances, expense ratio and risk.¹ Meanwhile, qualitative factors that were used as barometers to determine the winners in each category included the fund house’s investment philosophy and consistency in their investment approach.
 
“During the volatile market conditions of 2018, our experienced fixed income team capitalised on investment opportunities, and our robust investment processes which include our stringent credit processes were key to delivering positive returns for these funds,” said Goh Wee Peng, Chief Executive Officer of AmInvest.
 
AmIncome Plus, which is the recommended unit trust fund under the Fixed Income – Malaysia (Short Duration) category, is suitable for investors who want to invest the cash portion of their investment portfolio to reap regular income. As at end March 2019, the fund registered a one-year total return (a measure of the fund’s performance comprising income distribution and capital gains) of around 4% and about 12% over a three-year period.³
 
AmDynamic^# Bond, the recommended unit trust fund under the Fixed Income – Malaysia with Foreign Exposure category, posted a one-year total return of around 8% and 18% over three years as at end March 2019. ³ This medium to long-term bond fund employs an active management investment strategy that seeks to capitalise on returns based on market views and timing decisions, as opposed to a buy-and-hold strategy. AmDynamic^# Bond is an eligible fund under the Employees Provident Fund Member’s Investment Scheme (“EPF MIS”). EPF MIS allows EPF members to transfer (subject to terms and conditions) 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. We are a multiple award-winning fund manager based in Malaysia with over 38 years of investing experience managing 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 FSMOne Recommended Unit Trusts Awards 2019/20, based on information verified by iFAST Capital Sdn Bhd as at 11 June 2019.
² FSMOne Recommended Unit Trusts Awards 2014/15, 2015/16, 2016/17, 2017/18, 2018/19 and 2019/20.
³ Based on data compiled by Lipper, Refinitiv for one-year and three-year total returns as at 31 March 2019. Performance is shown in Malaysian Ringgit on a Net Asset Value 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 fund(s) 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 ("Prospectuses"). Investments in the fund(s) involve risks including the risk of total capital loss and no income distribution. Please refer to the Prospectus for detailed information on the specific risks of the funds. Unit prices and income distribution, if any, may rise or fall. Past performance of the Fund(s) 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 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 before making an investment decision. The Prospectuses 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 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