AmInvest funds shortlisted as Recommended Unit Trusts

KUALA LUMPUR: Three AmInvest unit trust funds have been shortlisted in Fundsupermart. com’s Recommended Unit Trusts List 2017/2018.

Commodities Equity, a syariahcompliant fund emerged top as most recommended under the Sector Equity – Global Resources category for the fifth time, while AmIncome Plus and AmDynamic Bond were selected as most recommended under the Fixed Income - Malaysia (Short Duration) and Fixed Income – Malaysia with Foreign Exposure categories for the fourth and second time respectively.

The Recommended List by Fundsupermart. com Malaysia assists investors to shortlist consistent performing unit trust funds amongst its peers.

Unit trust funds with a track record of at least three years were considered for the awards and the returns of these funds were then compared against benchmarks and peers within similar sectors and regions.

The methodology for fund assessment were based on quantitative and qualitative factors combined. The quantitative factors considered were historical performances, expense ratio and risk.

Meanwhile, qualitative factors that were used as barometers to determine the winners in each category included the fund house’s investment philosophy and consistency in their investment approach amongst others. The Period Under Review was as at March 2017.

Fundsupermart.com Malaysia is the online unit trust distribution arm of iFAST Capital Sdn Bhd.

Commodities Equity, a global equity feeder fund seeks to provide long term capital growth by investing in its Target Fund, Amundi Islamic Global Resources which invests in Shariah- compliant, global commodity related securities.

The fund generated returns of 10.28 per cent for a one-year period as at its Review Period of March 2017.

AmIncome Plus, the recommended fund within the Fixed Income - Malaysia (Short Duration) category invests primarily in short to medium term fixed income instruments with an aim to provide enhanced returns. During the course of review, the fund has generated a return of 3.45 per cent for the past one-year as at March 2017.

AmDynamic# Bond, the top fund under the Fixed Income – Malaysia with Foreign Exposure category invests in debt securities including high yielding lower rated private debt securities and convertible bonds.

The last one-year as at March 2017 has seen it clocking in a return of 5.16 per cent.

AmDynamic# Bond is also a unit trust fund eligible under the Employees Provident Fund Members’ Investment Scheme.

Earlier this year, the fund received two fund performance awards as Best Malaysia Bond Fund at the Morningstar Malaysia Fund Awards 20173 as well as Best Bond Malaysia Ringgit – Malaysian Provident, 10 Years at The Edge | Thomson Reuters Lipper Fund Awards 2017.

AmInvest is the brand for the funds management business of AMMB Holdings Berhad which manages both conventional and Shariah-compliant funds. It is a multiple award-winning funds management house based in Malaysia with more than 35 years of investing experience.

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 Shariahcompliant funds. — Bernama