AmInvest’s AmDynamic Bond is Best in Its Category
L-R: Goh Wee Peng, Deputy Chief Executive Officer & Chief Investment Officer, AmInvest receiving the Best Malaysia Bond Fund award for AmInvest’s AmDynamic Bond fund from Anthony Serhan, Managing Director, Research Strategy, Asia Pacific, Morningstar at the Morningstar Malaysia Fund Awards 2017 award ceremony held in Kuala Lumpur on 24 March 2017
AmDynamic Bond (“Fund”), an in-house managed fund by AmInvest has been named “Best Malaysia Bond Fund” at the Morningstar Malaysia Fund Awards 2017 (“Awards”).1 The accolade follows the Fund’s recent win as “Best Bond Malaysia Ringgit – Malaysian Provident, 10 Years” at The Edge | Thomson Reuters Lipper Fund Awards 2017.2
The annual Awards is organised by Morningstar Asia Limited, a subsidiary of Morningstar, Inc. which is a leading provider of independent investment research. The Awards are designed to help investors identify the retail funds that have added the most value for investors within the context of a relevant peer group in 2016 and over longer time periods.
For a one-year period as at December 2016, AmDynamic Bond has registered a return of 4.6% beating its peers’ average return of 4.5%.3 Since 2006, it has clocked in a positive return of 93.0% outperforming its peers’ average return of about 50.1%.4 This translates to a return of around 6.8% annually over the past 10 years.4
Launched in 2003, this fixed income fund employs an active management investment strategy as opposed to a buy-and hold strategy. The Fund seeks to potentially optimise returns for investors based on among others; interest rate expectations, currency movements and diversification opportunities through its exposure to both local as well as foreign bonds.
“In a time of low interest rates and heightened market volatility, this Fund can potentially provide investors an avenue for income over the medium to long term. Investors will also be able to capitalise on potential investment portfolio diversification opportunities and capture the upside potential of foreign bond exposure through bonds across Asia Pacific that are now closed to historic lows,” said Datin Maznah Mahbob, Chief Executive Officer of AmInvest.
AmDynamic Bond is also a unit trust fund eligible under the Employees Provident Fund Members’ Investment Scheme (EPF MIS). EPF MIS allows its members to transfer part of their savings from their Account 1 for investments through appointed fund management institutions as an option to enhance their retirement savings.5
“We are truly honoured to receive this award as it a testament to the proven expertise of our fixed income team and capabilities of our proprietary credit research unit who continue to deliver added value to our investors through processes we have in place for quality credit selection. Looking ahead, we remain focused on continuously growing our investors’ investments by not only delivering consistent investment performance but at the same time providing investment solutions that can capitalise on opportunities in all market conditions,” she added.
AmInvest is the brand for the funds management business of AMMB Holdings Berhad which manages both conventional and Shariah-compliant funds. It is one of the leading fund management houses in Malaysia and has an award-winning track record spanning more than three decades.
To date, AmInvest 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.
1 Morningstar Malaysia Fund Awards 2017, March 2017.
2The Edge | Thomson Reuters Lipper Malaysia Fund Awards 2017, February 2017.
3 Lipper for Investment Management by Lipper, a Thomson Reuters company for the period 31 December 2015 to 31 December 2016 and is based on total returns. 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. Data extracted 18 January 2017.
4 Lipper for Investment Management by Lipper, a Thomson Reuters company for the period 31 December 2006 to 31 December 2016 and is based on total returns. 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. Data extracted 3 February 2017.
5The Star (www.thestar.com.my) in an article titled “EPF pares down list of unit trust funds offered under MIS” published online on 28 February 2017.
For media enquiries, kindly contact Nancy Chow, Senior Vice President, Corporate Communications, Marketing, & Global Business Development, AmInvest at tel: 03-2036 1881 or email firstname.lastname@example.org
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