KUALA LUMPUR, Aug 18 (Bernama) -- Two of AmInvest’s unit trust funds have been picked again in this year’s FSMOne Recommended Unit Trusts Awards 2020/21 (“Recommended Unit Trusts Awards”)¹ for their consistent performance among peers within their respective categories. AmIncome Plus was listed as the recommended unit trust fund under the Fixed Income-Malaysia (Short Duration) category for the seventh consecutive year, whereas AmDynamic^# Bond topped the Fixed Income-Malaysia with Foreign Exposure category for the fifth year running.²
 
The Recommended Unit Trusts Awards by FSMOne Malaysia assist investors to shortlist consistently performing unit trust funds amongst their peers. FSMOne Malaysia is the online distribution arm of iFAST Capital Sdn Bhd for unit trusts, insurance, bonds and managed portfolios.
 
For the Recommended Unit Trusts Awards, unit trust funds with a track record of at least three years (as at end March 2020) were considered and the returns of these funds were then compared against benchmarks and peers within similar sectors and regions. The methodology for fund assessment was based on a combination of quantitative and qualitative factors. The quantitative factors considered were historical performances, expense ratio and risk. 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.
 
“Our fixed income team’s foresight and ability to apply a defensive investment strategy coupled with our robust investment processes in place were key in helping deliver positive returns for these funds during uncertain market conditions,” said Ms. 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 for the potential to reap regular income. For the one-year period up to end March 2020, the fund posted a one-year total return (a measure of the fund’s performance comprising income distribution and capital gains) of around 4.2% and about 12.6% over a three-year period.³
 
AmDynamic^# Bond, the recommended unit trust fund under the Fixed Income – Malaysia with Foreign Exposure category, registered a one-year total return of around 7.4% and a return of about 20.8% over three years up to end March 2020.³ This medium to long-term bond fund employs an active management investment strategy that seeks to increase returns by capitalising on market views and timing decisions, as opposed to a buy-and-hold strategy. 
 
Since the start of the year, AmInvest has received awards for bond and sukuk fund performance. Recently, AmInvest took home the Best Bond Group – Malaysia Pension award at the Refinitiv Lipper Fund Awards 2020, Malaysia.⁴ Within the Shariah-compliant space, AmInvest was recognised as the Best Global Sukuk Fund Manager 2019 by Employees Provident Fund at the External Fund Managers Annual Awards 2020.⁵
 
About AmInvest
AmInvest is the brand name 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 39 years of investing experience managing unit trust funds, wholesale funds, institutional mandates, Exchange Traded Funds (ETF) and Private Retirement Scheme (PRS); 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  Conferred by iFAST Capital Sdn Bhd at the FSMOne Recommended Unit Trusts Awards 2020/21, July 2020. iFAST Capital Sdn Bhd is one of AmInvest’s fund distributors.
² FSMOne Recommended Unit Trusts Awards 2014/15, 2015/16, 2016/17, 2017/18, 2018/19, 2019/20 and 2020/21.
³ Based on data compiled by Lipper, Refinitiv for the fund’s one-year and three-year returns as at 31 March 2020. 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.
⁴ Conferred by Refinitiv, April 2020. AmInvest subscribes to Refinitiv products which includes Refinitiv Lipper for Investment Management (a fund management database).  
⁵ Conferred by EPF, May 2020. 

Disclaimer: 
This advertisement material is prepared for information purposes only and may not be published, circulated, reproduced or distributed in whole or part, whether directly or indirectly, to any person without the prior written consent of AmFunds Management Berhad [198601005272 (154432-A)] and AmIslamic Funds Management Sdn Bhd [200801029135 (830464-T)] (“AmInvest”). This advertisement material should not be construed as an offer or solicitation for the purchase or sale of any units in AmInvest’s unit trust fund(s). Investors shall be solely responsible for using and relying on any contents in this advertisement material. AmInvest and its employees shall not be held liable to the investors for any damage, direct, indirect or consequential losses (including loss of profit), claims, actions, demands, liabilities suffered by the investors or proceedings and judgments brought or established against the investors, and costs, charges and expenses incurred by the investors or for any investment decision that the investors have made as a result of relying on the content or information in this advertisement material. Investors are advised to read and understand the contents of the Master Prospectus dated 10 September 2017, including any supplementary made thereof from time to time (“Prospectus(es)”) and its Product Highlights Sheet (“PHS”), obtainable at  www.aminvest.com, before making an investment  decision. The Prospectus(es) and PHS have been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. The Securities Commission Malaysia has not reviewed this advertisement material. Investors may wish to seek advice from a professional advisor before making an investment. The Fund’s units will only be issued upon receipt of the complete application form accompanying the Prospectus(es). Past performance of the Fund is not an indication of its future performance. The Fund’s unit prices and income distribution payable, if any, may rise or fall. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net Asset Value (“NAV”) per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Please be advised that where a unit split is declared, the value of investor’s investment in Malaysian Ringgit will remain unchanged after the distribution of the additional units. Please refer to the Prospectus(es) for detailed information on the specific risks of the fund(s). Investors are advised to consider these risks and other general risk elaborated, as well as the fees, charges and expenses involved. 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 in any of our Shariah-compliant fund(s). This advertisement 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 advertisement material, the English version shall prevail. AmInvest’s Privacy Notice can be accessed via aminvest.com. 

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