Malaysia’s Best ETF Provider Award Goes to AmInvest

(photo credit: SME & Entrepreneurship)

AmInvest was awarded as Malaysia’s Best ETF (Exchange Traded Funds) Provider at The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2022.

For the record, AmInvest pioneered and manages Malaysia’s first bond and equity ETFs, namely ABF (Asia Bond Fund) Malaysia Bond Index Fund (ABF Malaysia) and FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”), which were launched in 2005 and 2007 respectively.

“We have managed to maintain the largest market share with our ETFs over the years, and are managing ETF assets of around RM1.66 billion, which is approximately 77% out of a total ETF market fund size. As at 31 August 2022, the total fund size of ETFs in the market amounted to about RM2.15 billion with 19 ETFs 2 listed on Bursa Malaysia, slightly up from RM2.10 billion compared to the same time last year,” added Goh Wee Peng, Chief Executive Officer of AmFunds Management.

Investors are able to have easy access to Malaysian bonds and equities through ABF Malaysia and FBM KLCI etf respectively. It is traded like stocks via our stock exchange, Bursa Malaysia, offering liquidity benefits.

ETFs are a cost-effective tool for investors to build a diversified portfolio, which can help to reduce overall portfolio risk.

ABF Malaysia is the largest and only bond ETF in the market, consisting of mainly Malaysian government bonds in its portfolio. It tracks the performance of Markit iBoxx®ABF Malaysia Bond Index.

Whilst 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.

AmInvest is the brand name for the fund management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd.

The award provider, 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.

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