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Showing posts with the label AmMutual

New Fund: AmAsia Pacific Leisure Dividend

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Do you like to go on a holiday spree in Asia Pacific region? If yes, then this fund may suit your appetite. On top of that, you can expect some dividends from this new fund launched by AmMutual. Please read on. The fund aims to provide regular income and to a lesser extent capital appreciation over the medium to long term by investing in equities and equity-related securities of leisure industry across Asia Pacific region. To achieve its objective, the fund seeks will be investing 70%-98% in a diversified portfolio of equities related to leisure industry. Who were they? They may include issuers engaged in the design, production and distribution of products and services related to leisure industry. These companies operate in the following sectors within the leisure industry such as hotel, retail, publishing, advertising, beverages, audio/video, broadcasting radio/television, cable and satellite, motion picture, recreation services and entertainment, toy, gaming and tobacco. Where were...

New Fund: AmTactical Bond

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Still remember one fund called AmDynamic Bond fund? If yes, you definitely knew the superb performance of that bond fund, which had became the flagship fund for AmMutual for past years. However, it was sad that, since few months ago, no more subscription was being allowed for AmDynamic Bond fund because it has reached the maximum limit set by regulators. In other words, too hot the demand for that fund. Then how? Because of that reason, AmMutual is proud to launch another new fund, AmTactical Bond fund, which was managed by using the same strategy, but with a little bit more flexibility. The Fund aims to provide income and to a lesser extent capital appreciation by investing  primarily in bonds. How Flexible is it? The Fund seeks to achieve its objective by investing primarily in sovereign, quasi-sovereign and corporate bonds including convertible bonds. There is NO minimum rating for a security purchased or held by the Fund. To construct the portfolio ...

New Fund: AmIncome Flexi

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In view of current uncertainties still lingering around investment universe, bond was considered as one of the asset class that most investors seeks to preserved their asset value, albeit lower risk. Just as the name of the fund, it's a  flexible bond fund  which has an interesting early repayment features. Let's have a look. The Fund is a 3-year close-ended bond fund that aims to provide annual income distribution throughout the duration of the fund. To achieve the investment objective, the fund intends to invest its NAV in a portfolio of domestic and/or foreign sovereign issued bonds and corporate bonds. Domestic bonds: --> minimum credit rating will be “A” rated by RAM or MARC’s equivalent.  Foreign bonds: --> minimum credit rating will be “A” rated by their respective local credit rating agencies which denotes strong capacity to meet financial commitments and/or “BB” rated by S&P or Moody’s equivalent at the time of investment. As t...

New Fund: AmAdvantage Asia Pacific ex Japan Dividend

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Wanted to diversify your investment portfolio especially on dividend based investments? You may look into this newly launched fund by AmMutual named AmAdvantage Asia Pacific ex-Japan Dividend Fund, a  fund managed by AmInvestment Services Berhad. The Fund is a feeder fund, which will invest into the   HSBC Global Investment Funds  – Asia  Pacific ex Japan Equity High Dividend (the “Target Fund”), a sub-fund of the  HSBC Global  Investment Funds domiciled in Luxembourg.  The Fund seeks to provide income and long term capital growth by investing in the Target Fund  which has an investment focus on Asia Pacific ex Japan equities. The Fund seeks to achieve its investment objective by investing a minimum of 95% of the  Fund’s NAV in the distribution share class in the HSBC Global Investment Funds – Asia Pacific  ex Japan Equity High Dividend at all times. This implies that the Fund has a passive strategy. More about the Target Fund HSB...

New Fund: AmConsumer Select - Capital Protected

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AmInvestment Bank is launching a new capital-protected fund and it is optimistic of a good take-up rate for this RM100mil new fund. According to its CEO, the launch of the fund is timely in view of the current macroeconomic uncertainties. Since it is capital protected, the fund offers a safe haven for risk-averse investors looking to hedge against the uncertainty in the global market, she adds. The Fund is a close-ended fund which aims to provide regular income with an investment horizon of 2.5 years (30 months) whilst providing capital protection on Maturity Date. The Fund seeks to achieve its objective by investing in ZNIDs and/or MGS and an over-the-counter option linked to the price movement of a basket of five (5) consumer related stocks . For the purpose of the Fund, consumer related stocks refer to stocks of companies that produce products/services that are consumed by individuals. Selection of consumer related stocks is based on fund...

New Fund: AmDynamic Allocator

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Another new fund launched by AmMutual in a short period of time (barely few days), AmDynamic Allocator aims to achieve capital growth over the Medium to Long Term and at the same time  provide income by investing primarily in collective investment schemes. This is a Fund-of-Funds , which means the fund is comprise of multiple funds. The Fund will be managed with the aim of achieving positive investment returns over the Medium to Long Term regardless of market conditions . To achieve the investment objective, the Investment Manager applies a strategy that seeks to generate returns through investments in Collective Investment Schemes (CIS), which has exposure to various asset classes including but not limited to equity, fixed income securities and money market instruments. There will be no cross-holding between the Fund and CIS. More about Investment Strategy In selecting the asset classes for the Fund, the Investment Manager will adopt an active asset ...

New Fund: AmAsia Pacific Equity Income

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If you think that Asia Pacific will remain the main engine growth driver of world economy, then you should look into this fund launched by AmMutual. The Fund is a feeder fund, which will invest into the BlackRock Global Funds-Asia Pacific Equity  Income Fund (the “Target Fund”), a sub-fund of the BlackRock Global Funds (BGF) domiciled in  Luxembourg. The Fund seeks to provide income and to a lesser extent Long Term capital growth by investing in the Target Fund which has an investment focus on Asia Pacific ex-Japan equities. The Fund seeks to achieve its investment objective by investing a minimum of 95% of the Fund’s NAV in the BlackRock Global Funds-Asia Pacific Equity Income Fund at all times. This implies that this Fund has a passive strategy. BLACKROCK GLOBAL FUNDS (BGF) BlackRock Global Funds (“the Company”) is incorporated in Luxembourg as an open-ended investment company under the laws of the Grand Duchy of Luxembourg and qualifies as a P...

New Fund: AmAsia Pacific REITs

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Despite the current high level of share market globally, especially in Asia, there is still hanging fruits waiting for investor to grab. One of it was REITs, which lags behind its share market peers in terms of valuation. With this, AmMutual launched their latest fund which focuses on REITs investment on 18th July 2011. The fund aims to provide regular income and to a lesser extent capital appreciation by investing in REITs. To achieve the investment objective, 70% to 98% of the fund's NAV will be invested in REITs listed in Asia Pacific region, which includes but not limited to Australia, Hong Kong, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. In addition to country diversification, the Fund will also diversify into different REITs sectors such as residential, commercial and industrial. The fund will hold between 2% to 30% of its NAV in liquid assets. Strategy Employed... The manager employs an active allocation strategy, which means the asset al...

New Fund: AmASEAN Equity Fund

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If Singapore and Malaysia market only is not enough to feed your appetite, then you may consider the whole ASEAN markets. ASEAN was being targeted by international investors again since the 1997 Asian financial crisis given its high growth rates and more stable economy. AmASEAN equity fund seeks to provide capital growth over the medium-to-long term by investing 70% to 98% of the fund's NAV will be invested in a diversified portfolio of equities and equity-related securities which are Shariah Compliant, issued by companies listed in the ASEAN countries, and including securities listed in non-ASEAN countries but with their core business in the ASEAN markets. Core business in this respect means the major business of the company, where majority of the company's revenue (at least 50%) is derived from the ASEAN countries. ASEAN member countries comprise of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. Investment Criteria or Stra...

New Fund: AmAdvantage Brazil

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If you are a football fans, sure you know at least a bit about Brazil - the country of football. Almost everyone in Brazil knows football, male or female. Brazil is going to host the FIFA World Cup. But, did you know that Brazil is one of the top emerging markets in the world currently. BRIC, which comprise of Brazil, Russia, India and China is the main growth engine of the world now. Do you want to invest in the mighty Brazil? This is the only fund available in the market that invest directly and solely in Brazil. Let's check this out. AmAdvantage Brazil fund is managed by AmInvestment Services Berhad. This is a feeder fund, which will invest a minimum of 95% of Fund's NAV into the HSBC Global Investment Funds-Brazil Equity (Target Fund), a sub-fund of the HSBC Global Investment Funds domiciled in Luxembourg. The fund is suitable for an investor seeking: Long Term capital growth on their investment, Participation in the upside potential of the Brazilian market, Medium to High...

New Fund: AmAustralia Fund

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Looking good on Australia, AmMutual is launching a new fund to capture the potential of Australia. The fund seeks to provide income and long-term capital growth by investing in Australian equities and Australian dollar fixed income securities. Note: The fund's main focus is on income and to a lesser extent, capital growth. "Australia's economy is resilient and has posted an impressive positive gross domestic product growth over the last 18 years, even outperforming all other advanced economies during the global financial crisis," said Datin Maznah Mahbob, CEO of Funds Management Division, AmInvestment Bank Group. ( Business Times ) Investment Strategy The fund generally maintains equity exposures within a range of 50% to 100% of the fund's NAV. Then, the balance may be invested in Australian dollar fixed income securities and liquid assets.  It will derive its income primarily through investments in relatively higher paying dividend stocks and bonds. However,...

New Fund: AmConstant Multi Maturity

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AmConstant Multi Maturity is a close-ended bond fund that seeks to provide regular income from 3 investment portfolios comprising of local and/or foreign bonds. These investment portfolios will mature respectively on the 3 rd , 4 th , and 5 th anniversary of the commencement date and scheduled Capital Repayment(s) will be made to the unitholders following the respective anniversary.   The fund intends to invest a minimum of 95% in a multitude of local and/or foreign bonds carrying a minimum " A " rating by RAM or MARC equivalent to "BBB" by S&P or Moody. As this is a close ended bond fund , the fund adopts a buy and hold strategy whereby bonds purchased will be held until its respective maturity. At the maturity of these bonds, issuers of bonds held by the fund will be obligated to pay the face value provided there is no occurrence of credit default by issuer. A downgrade in credit rating may result in additional credit risk assumed by the fund. The manager...

New Fund: AmCommodities Equity Fund

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AmMutual sees potential investing in one of the hottest asset classes nowadays - Commodities. Fundamental characteristic investing in commodity: Commodities outperformed other asset class Low correlation with traditional asset class Commodities are usually used as an inflation hedge Evergreen theme = Increasing Demand vs Diminishing Supply Category          : Feeder Fund (Global equity) Offering period : 19 July - 8 August 2010 Min investment : Rm1,000 Min top-up       : Rm 500 Sales charge     : 5%