Wednesday 30 September 2020

AMINVEST WINS MALAYSIA'S BEST ETF PROVIDER AWARD FOR THE FIFTH TIME

KUALA LUMPUR, Sept 28 (Bernama) -- AmInvest was honoured as Malaysia’s Best ETF (“Exchange Traded Funds”) Provider for the fifth consecutive year at The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2020.1 

AmInvest pioneered and manages Malaysia’s first bond and equity ETFs, namely ABF Bond Index Fund (“ABF Malaysia”) and FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”), which were launched in 2005 and 2007 respectively.2 AmInvest dominates the market as the largest ETF provider in the country with assets under management of around RM1.6 billion.3
 
 “We are honoured to receive this award for providing the most appropriate ETF products for our clients. Through our ETFs, our investors are able to have easy access to Malaysian bonds and equities in a cost-efficient manner via our stock exchange, Bursa Malaysia,” commented Dato' Sulaiman Mohd Tahir, Group Chief Executive Officer of AmBank Group.
 
ABF Malaysia is the only bond ETF in the market2 and consists 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.
 
Income distribution, if any, for both of these ETFs is made semi-annually. Recently, ABF Malaysia and FBM KLCI etf declared an interim income distribution payout of 3.62 sen and 0.50 sen per unit respectively, for the funds’ current financial year ending 31 December 2020.
 
“ETFs are an easy and cost-effective tool for investors to build a diversified portfolio, which can help to reduce overall portfolio risk especially during these uncertain times. ETFs provide immediate access and exposure to a basket of securities through a single transaction,” added Goh Wee Peng, Chief Executive Officer of AmInvest.
 
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.
 
For more information on ABF Malaysia and FBM KLCI etf, please visit www.abfmy1.com.my and www.fbmklcietf.com.my  respectively.
 
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 39 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.

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