Four AmInvest funds have been selected at the FSMOne Recommended Unit Trusts Awards 2022/23 in recognition of their consistent outperformance amongst peers within their respective categories.
FSMOne is an online investment platform that distributes unit trusts, stocks, exchange-traded funds, insurance, bonds, and managed portfolios.
AmIncome Plus was listed as the recommended unit trust fund under the Fixed Income – Malaysia (Short Duration) category for the ninth year, whereas AmDynamic# Bond topped the Fixed Income-Malaysia with Foreign Exposure category for the seventh year running.1 AmTactical Bond was singled out as the recommended unit trust fund under the Fixed Income – Asia ex-Japan category for two consecutive years.1 In addition, Europe Equity Growth won the Sub Regional Equity – Europe category this year.1
For the Awards, unit trust funds with at least three years of track record (as of the end of March 2022) were rigorously assessed amongst peers in the same category. The methodology for fund assessment was based on a combination of quantitative and qualitative factors. The quantitative factors considered were historical performance, risk, and expense ratio. Meanwhile, additional qualitative factors such as the fund house’s investment philosophy and consistency in its investment approach were also considered to determine the winners in each category.
Ms. Goh Wee Peng, Chief Executive Officer of AmFunds Management Berhad, said, “Given the challenging markets in 2021, these achievements reflected well on our team’s strategy over the review period. We took a more conservative approach in managing the fixed income investments with the expectations of rising interest rates. Meanwhile, Europe Equity Growth which invests into Europe growth stocks has benefited from the recovery of Europe’s stock markets.”
AmIncome Plus is suitable for investors with a short to medium-term investment horizon who want to invest the cash portion of their investment portfolio to reap the potential regular income and capital preservation. For the last three-year period (as at March 2022), the fund posted a total return (a measure of the fund’s performance comprising income distribution and capital gains) of around 10.0% with an annualised total return of around 3.2%.
AmDynamic# Bond seeks to optimise risk-adjusted returns for investors including interest rate expectations, currency movements and diversification opportunities through its exposure to both local as well as foreign bonds. This medium to long-term bond fund employs an active management investment strategy that seeks to increase returns by capitalising on market views and timing decisions, as opposed to a buy-and-hold strategy. The fund achieved a three-year total return of 14.3% with an annualised total return of 4.5% (as at March 2022).
AmTactical Bond aims to provide income and to a lesser extent, capital appreciation by investing primarily in local and foreign bonds. It is also a medium to long-term bond fund that is actively managed with its trading activities depending on investment opportunities. Over the last three-year period (as at March 2022), the fund registered a total return of 7.7% with an annualised total return of 2.5%.
Europe Equity Growth which feeds into Allianz Europe Equity Growth, a long-term capital growth fund, invests in European equity markets. The fund generated a total return of 44.3% with an annualised total return of 13.0% over the last three years (as at March 2022).
AmInvest is the brand name for the fund management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd.
