AmInvest Wins Malaysia’s Best ETF Provider Award
Tuesday, 25 October 2022 - AmInvest was honoured as Malaysia’s Best ETF (“Exchange Traded Funds”) Provider at The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2022.1
AmInvest pioneered and manages Malaysia’s first bond and equity ETFs, namely ABF (Asia Bond Fund) Malaysia Bond Index Fund (“ABF Malaysia”) and FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”), which were launched in 2005 and 2007 respectively.2
“We are honoured to receive this award. We have managed to maintain the largest market share with our ETFs over the years, and are managing ETF assets of around RM1.66 billion, which is approximately 77% out of a total ETF market fund size.3 As at 31 August 2022, the total fund size of ETFs in the market amounted to about RM2.15 billion with 19 ETFs2 listed on Bursa Malaysia, slightly up from RM2.10 billion compared to the same time last year,3” added Goh Wee Peng, Chief Executive Officer of AmFunds Management Berhad.
ABF Malaysia is the largest and only bond ETF in the market3, consisting of mainly Malaysian government bonds in its portfolio. It tracks the performance of Markit iBoxx®ABF Malaysia Bond Index. FBM KLCI etf is designed to follow the performance of its benchmark index, FTSE Bursa Malaysia KLCI, which comprises Malaysia’s top 30 largest companies in terms of market capitalisation.
Investors are able to have easy access to Malaysian bonds and equities through ABF Malaysia and FBM KLCI etf respectively. It is traded like stocks via our stock exchange, Bursa Malaysia, offering liquidity benefits. ETFs are a cost-effective tool for investors to build a diversified portfolio, which can help to reduce overall portfolio risk.
AmInvest is the brand name for the fund management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd.
Asset Publishing & Research Limited, the award provider, is a financial publishing group in Asia-Pacific based in Hong Kong, whose publications are targeted at Asian issuers and global institutional investors.
Sources:
1 The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2022 by Asset Publishing & Research Limited Berhad, August 2022.
2 Based on data compiled by Lipper, Refinitiv on the list of ETFs in Malaysia by launch dates and asset classes as at 31 August 2022.
3 Based on data compiled by Lipper, Refinitiv on the total fund size of ETFs by fund management companies in Malaysia as at 31 August 2020.