KUALA LUMPUR, April 20 (Bernama) -- AmInvest has declared income distribution for seven AmPRS funds under its Private Retirement Scheme (“PRS”) encompassing conventional and Shariah-compliant PRS offerings, across various asset classes. Total distribution was approximately RM12 million.
 
“We are pleased to deliver our valued and loyal investors with this income distribution. Despite the challenging and uncertain market environment last year, we applied the appropriate investment strategies to our fund portfolios to capitalise on the market volatility,” said Ms. Goh Wee Peng, Chief Executive Officer of AmInvest.
 
She added, “Our AmPRS fund offerings have been designed with long-term wealth creation in mind to help our investors in their bid to achieve their retirement financial goals and to eventually live their retirement dreams when the time comes. Our AmPRS funds provided income distribution yields between 3% and 13% per annum.¹ The total returns of these funds including these income distributions reached a high of 33% for the year.¹”
 
Over the last one year (as at 10 February 2021, ex-date for AmPRS funds’ income distribution), AmPRS–Islamic Equity Fund  provided a total return of around 33% and declared a 10 sen income distribution for the year equivalent to a yield of 12%.¹ AmPRS–Islamic Balanced Fund achieved a total return of 22% and gave out 6 sen income distribution equivalent to a 8% yield for the year.¹ AmPRS–Conservative Fund gave out 8 sen income distribution, equivalent to an 13% yield for the year.¹
 
Over the last five years (as at 10 February 2021), AmPRS–Islamic Equity Fund and AmPRS-Islamic Balanced Fund posted annualised total returns of around 11% and 9% respectively.¹ In addition, AmPRS-Asia Pacific REITs, AmPRS-Dynamic^# Sukuk  and AmPRS–Conservative Fund have returned 5-year annualised returns of 6%, 5% and 5% per annum respectively over the same period.¹
 
Ms. Goh reiterated that the performance of these funds is both a testament to and an affirmation of the fund managers’ expertise and investment capabilities garnered over the last four decades, as this year 2021 marks AmInvest’s 40^th anniversary in the fund management business.
 
AmInvest has received various awards throughout the years for its expertise as well as capabilities in managing pension funds. Recently, it was named Malaysia’s Best Pension Fund Manager for the third consecutive year by Asia Asset Management at its Best of the Best Awards 2021.² AmInvest has also been honoured with two PRS awards by Private Pension Administrator Malaysia, namely the Top Achiever for PRS Assets Under Management Growth and Top Achiever for PRS Member Growth as part of its Growing PRS Together 2019 – Recognising Excellence Awards.³
 
AmInvest offers one of the most diverse ranges of retirement solutions in the market for Malaysian investors to choose from according to their respective retirement needs, goals and risk tolerance. The fund management house is also the only PRS Provider in the country to offer conventional bond and Shariah-compliant sukuk fund offerings, i.e., AmPRS-Tactical Bond and AmPRS-Dynamic^# Sukuk.⁴
 
The net income distribution amounts declared for AmPRS funds are as follows:  




*Subject to availability of income, distribution (if any) is paid at least once a year and will be reinvested.
Note: Past performance is not indicative of future performance. Investments in funds involve risks including the risk of total capital loss and no income distribution. For more details on the risks of any particular fund, please refer to such fund’s Disclosure Document.
 
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 40 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.
 
 
Sources & Notes:
#The word “Dynamic” refers to the Target Fund’s investment strategy which is active management, not a buy-and-hold strategy.
¹ Based on performance data and income distribution yields for Class D compiled by Lipper, Refinitiv, as at 10 February 2021. Performance is shown in Malaysian Ringgit on a 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.
² Awarded to AmInvest by Asia Asset Management at Best of the Best Awards from year 2019 to 2021.
³ Awarded to AmInvest by Private Pension Administrator Malaysia (PPA) at Growing PRS Together 2019 – Recognising Excellence Awards.
⁴ Based on data compiled by Lipper, Refinitiv under the Pension Funds category with a total of 57 funds (according to Lipper Global Classification), as at 10 February 2021 for the following funds: AmPRS-Tactical Bond (Bond Asia Pacific LC) and AmPRS–Dynamic^# Sukuk (Bond MYR). Primary funds are to be used by default in performance statistics to prevent double counting and ranking anomalies.
⁵  Based on income distribution yields for Class D and Class I compiled by Lipper, Refinitiv, as at 10 February 2021. Performance is shown in Malaysian Ringgit on a 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: 
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)] (“AmInvest”). This advertisement material should not be construed as an offer or solicitation for the purchase or sale of any units in AmInvest’s Private Retirement Scheme(s) (“AmPRS”). 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 Third Replacement Disclosure Document for AmPRS dated 2 April 2021, including any supplementary made thereof from time to time (“Disclosure Document(s)”) and its Product Highlights Sheet (“PHS”), obtainable at www.aminvest.com, before making an investment decision. The Disclosure Document(s) 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 Disclosure Document(s). 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 Disclosure Document(s) 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: