AmInvest Named Malaysia’s Best Pension Fund Manager a Fourth Time and ETF Manager of the Year
L-R: Goh Wee Peng, Deputy Chief Executive Officer & Chief Investment Officer of AmInvest receiving both awards (Malaysia’s Best Pension Fund Manager and ETF Manager of the Year) from Tan Lee Hock, Publisher and Founder, Asia Asset Management at an award ceremony held in Hong Kong last night (30 March 2017)
AmInvest has continued its winning streak as Malaysia’s Best Pension Fund Manager for the fourth year running and this year also received top honours as Malaysia’s ETF Manager of the Year by Asia Asset Management in its 2016 Best of the Best Awards (“Awards”).1
Held annually for the past 13 years, the Awards recognises the most outstanding players in the funds management business in Asia. Asia Asset Management is a leading financial publication based in Hong Kong.
Under the Best Pension Fund Manager category, AmInvest was assessed over a three-year and five-year period on how it has managed its domestic pension mandates including Private Retirement Scheme (“PRS”) funds, the size of these mandates and returns against relevant benchmarks.
“Receiving two acknowledgements at the start of 2017 and our fourth consecutive win as Malaysia’s Best Pension Fund Manager is truly gratifying as we have been able to add value and grow our investors’ investments in spite of market volatility last year. It also underscores key attributes of our funds management expertise and capabilities built over more than 35 years and augurs well for us particularly at a time where investors are on the lookout for fund managers who can deliver consistent investment performance and help them unearth investment opportunities in all market conditions,” said Datin Maznah Mahbob, Chief Executive Officer of AmInvest.
AmInvest is an approved PRS Provider by Securities Commission Malaysia with ten AmPRS funds encompassing conventional and Shariah-compliant retirement solutions across asset classes. Commenting on the government’s provision for PRS in Budget 2017, Datin Maznah said that the increased one-off incentive of RM1,000 from RM500 for Malaysian individuals aged between 20 to 30 years who invest RM1,000 in PRS2 is truly welcomed as it will spur younger Malaysians to take their first step towards long-term retirement planning.
The Best ETF Manager, Malaysia award commended AmInvest on key achievements for a 12-month period3 as well as plans and efforts to promote Exchange Traded Funds (“ETFs”).
Datin Maznah added, “We pioneered Malaysia’s first bond and equity ETF in the market, ABF Malaysia Bond Index Fund (ABF Malaysia) in 20054 and FTSE Bursa Malaysia KLCI etf (FBM KLCI etf) in 20074 and are pleased that our offerings have been recognised as relevant to meet the evolving needs of our investors throughout the years. Today, AmInvest is the largest ETF Provider in the country4 with around RM1.5 billion in fund value.”
ABF Malaysia which remains the only bond ETF in the market as well as the largest in terms of fund size4 received overwhelming interest from investors last year which resulted in its approved fund size increasing three times from 1.0 billion units to 3.375 billion units.
ABF Malaysia effectively buys into a portfolio of mainly Malaysian government bonds. 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 (“FBM KLCI”). FBM KLCI can be seen as representing the barometer of Malaysia’s top 30 largest companies in terms of market capitalisation. For both ETFs, investors can buy into a trading board lot size of 100 units which is listed on Bursa Malaysia.
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 Asia Asset Management 2016 Best of the Best Awards, January 2017. Data extracted from www.asiaasset.com on 18 January 2017.
2 Applicable for two years from 2017 – 2018. Data extracted from www.ppa.my on 23 January 2017.
3 Refers to a 12-month period as at October 2016.
4 Based on launch date. Data extracted from Lipper for Investment Management by Lipper, a Thomson Reuters company as at February 2017. Data extracted 2 March 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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Private Retirement Scheme (PRS)
You should be aware that contributions in private retirement scheme carry risks. An outline of some of the risks is contained in the Second Replacement Disclosure Document for AmPRS dated 7 October 2016 and First Supplementary Disclosure Document dated 7 November 2016 ("Disclosure Documents"). Refer to the Disclosure Documents for detailed information of the specific risks for the funds. Unit prices and income distribution, if any, may rise or fall. Past performance of a fund is not indicative of future performance. Please consider the fees and charges involved before contributing. Investors are advised that following the issue of distribution, the Net Asset Value (“NAV”) per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Units will be issued upon receipt of completed application form accompanying the Disclosure Documents and subject to terms and conditions therein. You have the right to request for a copy of Product Highlights Sheet for the fund. You are advised to read and understand the contents of the Product Highlights Sheet and Disclosure Documents before making a contribution decision. The Disclosure Documents have been registered with the Securities Commission Malaysia, who takes no responsibility for its contents. You can obtain a copy of the Product Highlights Sheet and Disclosure Documents at www.aminvest.com. AmFunds Management Berhad does not guarantee any returns on the contributions. In the event of any dispute or ambiguity arising out of the other language translation in this material, the English version shall prevail.
Exchange Traded Funds (ETF)
We recommend that you read and understand the contents of the Prospectus, Supplementary Prospectus, Second Supplementary Prospectus and Third Supplementary Prospectus for ABF Malaysia Bond Index Fund dated 13 July 2009, 1 December 2014, 1 April 2015 and 10 September 2015 respectively and the Prospectus, Supplementary Prospectus, Second Supplementary Prospectus, Third Supplementary Prospectus and Fourth Supplementary Prospectus for FTSE Bursa Malaysia KLCI etf dated 7 June 2009, 6 July 2009, 1 December 2014, 1 April 2015 and 10 September 2015 respectively (hereinafter collectively known as “Prospectus(es)”) before investing.
A copy of the Prospectus(es) for ABF Malaysia Bond Index Fund (“ABF Malaysia”) and FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”) have been registered with the Securities Commission Malaysia. You may view the Prospectus(es) from the funds’ website at www.abfmy1.com.my and at www.fbmklcietf.com.my respectively, www.aminvest.com and Bursa Securities' website at www.bursamalaysia.com .
You should be aware that investments in unit trust funds carry risks. An outline of some of the risks are contained in the Prospectus(es). Refer to the Prospectus(es) for detailed information of the specific risks for the funds. Unit prices and income distribution, if any, may rise or fall. Past performance of a fund is not indicative of future performance. Please consider the fees and charges involved before investing. Where a distribution is declared, you are advised that following the distribution, the Net Asset Value (“NAV") per unit will be reduced from cum-distribution NAV to ex-distribution NAV. Where a unit split is declared, you are advised that following the issue of additional units, the NAV per unit will be reduced from pre-unit split NAV to post-unit split NAV. Kindly take note that the value of your investment in Malaysian ringgit will remain unchanged after the distribution of the additional units. AmFunds Management Berhad does not guarantee any returns on the investment.
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