AmInvest’s Third Consecutive Win as Malaysia’s Best Exchange Traded Fund (ETF) Provider

 Heow Yen Fen, Senior Vice President of Product Development & Management, AmInvest with the Best ETF Provider, Malaysia award at The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2018 held in Hong Kong on 11 September 2018.

AmInvest has continued its winning streak by taking home the country’s Best ETF Provider award (the “Award”) for the third consecutive year, at The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2018.1 AmInvest dominates the Malaysian market as the largest ETF provider in the country with around RM1.5 billion worth of assets under management and commands a market share of 71%.2

The Asset commended AmInvest for providing “the most appropriate ETF products for its clients.” AmInvest manages Malaysia’s first and only bond ETF, ABF Bond Index Fund (“ABF Malaysia”) and the first equity ETF, FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”) which were launched in 2005 and 2007 respectively.3

ABF Malaysia’s portfolio consists 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, the underlying stocks of which comprises Malaysia’s top 30 largest companies in terms of market capitalization.

“It is indeed an honour for AmInvest to be recognised as Malaysia’s Best ETF Provider for the third consecutive year. We are pleased that our ETFs continue to provide investors with an easy and cost-effective way to diversify their investment portfolios,” said Goh Wee Peng, Chief Executive Officer of AmInvest.

The ETF market players, amongst whom AmInvest is a prominent member, together with the regulators, have been working closely over the years to improve the competitiveness of Malaysian ETFs through product innovations and improvements.

“ETFs are gaining popularity in major markets across the world. New recommendations including direct submission by ETF managers to regulators, lowering the minimum capital requirement for ETF issuers to RM2 million and broadening of the ETF distribution channels have been proposed by our regulators last year to improve the ETF ecosystem and to spur the ETF market growth. AmInvest also led and participated in numerous investor engagements and education programmes to increase ETF’s visibility,” Ms Goh added.

Asset Publishing & Research Limited is a financial publishing group in Asia-Pacific based in Hong Kong, whose publications are targeted at Asian issuers and global institutional investors.

This Award comes just after AmInvest’s fresh win as Malaysia’s Best Asset & Fund Manager awarded by Alpha Southeast Asia.4

For more information on ABF Bond Index Fund and FBM KLCI etf, please visit www.abfmy1.com.my and at www.fbmklcietf.com.my respectively.

 

Source:
1 The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2016, 2017 and 2018.
2 Based on the total fund size of ETFs in Malaysia, sourced from data compiled by Lipper, a Thomson Reuters company, as at 31 July 2018.
3 Based on the launch dates of ETFs in Malaysia, sourced from data compiled by Lipper, a Thomson Reuters company, as at 31 July 2018.
4 Alpha Southeast Asia, 25 July 2018.