• About
  • Advertise
  • Write For Us
  • Privacy Policy
  • Contact Us
Subscribe
Smart Investor Malaysia
Advertisement
  • Start Here
    • Guides
    • How-Tos
    • Analysis
  • Investments
    • Asset Management
    • Stocks
    • Islamic Finance
      • Islamic Personal Finance
    • Alternative Investments
  • Personal Finance
    • Cash Management
    • Grow Your Wealth
    • Protect Your Wealth
    • Distribute Your Wealth
    • Behavioural Finance
  • Enterprise
    • Startups
    • Entrepreneurs
    • SMEs
    • Leadership
    • Business Planning
    • Fintech
  • Property
    • First Time Home Buyers
    • Central
    • Northern
    • Southern
    • Sabah & Sarawak
    • Feature
    • Regional / Global
  • ESG
  • News & Events
  • What’s News Asia
No Result
View All Result
  • Start Here
    • Guides
    • How-Tos
    • Analysis
  • Investments
    • Asset Management
    • Stocks
    • Islamic Finance
      • Islamic Personal Finance
    • Alternative Investments
  • Personal Finance
    • Cash Management
    • Grow Your Wealth
    • Protect Your Wealth
    • Distribute Your Wealth
    • Behavioural Finance
  • Enterprise
    • Startups
    • Entrepreneurs
    • SMEs
    • Leadership
    • Business Planning
    • Fintech
  • Property
    • First Time Home Buyers
    • Central
    • Northern
    • Southern
    • Sabah & Sarawak
    • Feature
    • Regional / Global
  • ESG
  • News & Events
  • What’s News Asia
No Result
View All Result
Smart Investor Malaysia
No Result
View All Result
Advertise with Smart Investor Advertise with Smart Investor Advertise with Smart Investor
Home Investments Asset Management

Best Unit Trust In Malaysia

3 years ago
0
818
SHARES
1.6k
VIEWS
Share on FacebookShare on Twitter

With so many options when it comes to unit trust, it won’t be easy to come out with a list of the best unit trust in Malaysia. Nevertheless, here are some of the best unit trust in Malaysia.

Source: FSMOne Recommended Unit Trusts Awards 2022/2023

There were a total of 44 categories to emerge as the best unit trust in Malaysia. In total, there were 5 broad categories: Core Equity, Core Fixed Income, Balanced, Supplementary Portfolio and Private Retirement Scheme (PRS).

The winner for Core Equity – Global category, goes to Manulife Global Thematic Fund by Manulife Investment Management (M) Berhad.

The winner for Core Equity – Global (Islamic) is abrdn Islamic World Equity Fund by abrdn Islamic Malaysia Sdn Bhd.

The winner for Core Equity – Global Emerging Markets is won by Eastspring Investments Global Emerging Markets Fund by Eastspring Investments Berhad.

Two winners for Core Equity – Asia ex-Japan, one goes to Affin Hwang Select Asia Pacific (ex Japan) Dividend Fund by Affin Hwang Asset Management Berhad and the other goes to Principal Asia Pacific Dynamic Growth Fund by Principal Malaysia.

We also have two winners for the Core Equity – Asia ex-Japan (Islamic) category, won by Affin Hwang Aiiman Asia (ex Japan) Growth Fund by Affin Hwang Asset Management Berhad and Principal Islamic Asia Pacific Dynamic Equity Fund by Principal Malaysia.

For the Core Equity – Malaysia category, the two winners are Affin Hwang Equity Fund by Affin Hwang Asset Management Berhad and KAF Tactical Fund by KAF Investment Funds Berhad.

Core Equity – Malaysia (Islamic) category have two winners as well: Affin Hwang Aiiman Growth Fund by Affin Hwang Asset Management Berhad and PMB Shariah Premier Fund by PMB Investment Berhad.

Moving on to the Core Fixed Income, the Core Fixed Income – Malaysia category have two winners: KAF Bond Fund by KAF Investment Funds Berhad and Manulife Investment Bond Fund by Manulife Investment Management (M) Berhad.

Core Fixed Income – Malaysia (Islamic) was won by AmanahRaya Syariah Trust Fund by AmanahRaya Investment Management Sdn Bhd.

Next up we have the Balanced category, with Balanced – Global won by RHB Asset Management Sdn Bhd with its RHB Global Allocation Fund.

Balanced – Asia ex-Japan winner is Principal Asia Pacific Dynamic Mixed Asset Fund by Principal Malaysia.

Balanced – Malaysia category was won by Affin Hwang Select Balanced Fund by Affin Hwang Asset Management Berhad.

Finally, Pheim Unit Trusts Berhad won the Balanced – Malaysia (Islamic) with its Dana Makmur Pheim.

Under Supplementary Portfolio, the winner for Sub Regional Equity – ASEAN is Principal ASEAN Dynamic Fund by Principal Malaysia.

Sub Regional Equity – ASEAN (Islamic) was won by ASEAN Equity Fund by Saturna Sdn Bhd.

The Sub Regional Equity – Greater China was won by Principal Malaysia with its Principal Greater China Equity Fund.

Sub Regional Equity – Greater China (Islamic) category winner is Eastspring Investments Dinasti Equity Fund by Eastspring Investments Berhad.

Sub Regional Equity – Europe was won by Europe Equity Growth by AmFunds Management Berhad.

Single Country Equity – US winner is Manulife Investment U.S. Equity Fund by Manulife Investment Management (M) Berhad.

Single Country Equity – China category winner is RHB Asset Management Sdn Bhd with its RHB Big Cap China Enterprise Fund.

Single Country Equity – Japan was won by Affin Hwang Asset Management Berhad with its Affin Hwang World Series – Japan Growth Fund.

Single Country Equity – Singapore was won by Singapore Dividend Equity Fund by Nikko Asset Management Asia Limited.

The Sector Equity – Asia ex-Japan Small to Medium Companies category winner is Affin Hwang Select Asia (ex Japan) Quantum Fund by Affin Hwang Asset Management Berhad.

Sector Equity – Malaysia Small to Medium Companies winner is KAF Investment Funds Berhad with its KAF Vision Fund.

Meanwhile Sector Equity – Malaysia Small to Medium Companies (Islamic) category was won by Kenanga Investors Berhad with its Kenanga Shariah Growth Opportunities Fund.

Then we have Kenanga Investors Berhad winning the Sector Equity – Malaysia Focused with its Kenanga Growth Fund Series 2.

The winner for Sector Equity – Global ESG (Water Theme) is Manulife Investment Management (M) Berhad with its Manulife Global Aqua Fund.

Sector Equity – Global Healthcare category winner is Manulife Global Healthcare Fund by Manulife Investment Management (M) Berhad.

TA Investment Management Berhad wins in the Sector Equity – Global Technology category with the TA Global Technology Fund.

Maybank Asset Management Sdn Bhd wins in the Fixed Income – Global (Islamic) with its MAMG Global Income-I Fund.

There were two winners in the Fixed Income – Asia ex-Japan category: Affin Hwang Asset Management Berhad with its Affin Hwang Select Bond Fund and AmFunds Management Berhad with its AmTactical Bond.

Under the Fixed Income – Emerging Markets category, RHB Asset Management Sdn Bhd emerge victorious with the RHB Emerging Markets Bond Fund.

Fixed Income – Malaysia (Short Duration) category saw that AmFunds Management Berhad wins with its AmIncome Plus.

In the Fixed Income – Malaysia with Foreign Exposure category, AmFunds Management Berhad won it with the AmDynamic Bond.

In the Private Retirement Scheme (PRS), there were a total of four categories. Affin Hwang Asset Management Berhad wins the Private Retirement Scheme – Moderate with its Affin Hwang PRS Moderate Fund.

Next we have AIA Pension and Asset Management Sdn Bhd winning the Private Retirement Scheme – Growth category with AIA PAM – Growth Fund.

The Private Retirement Scheme – Moderate (Islamic) category was Manulife Investment Management (M) Berhad picking it up with its Manulife Shariah PRS-Moderate Fund.

Last but not least, Manulife Investment Management (M) Berhad wins the Private Retirement Scheme – Growth (Islamic) with its Manulife Shariah PRS-Growth Fund.

How The Best Unit Trust Was Selected?

The winners were chosen using a meticulous selection process that involves quantitative and qualitative criteria.

Performance

The most objective way to determine the quality of the fund manager is to assess the fund’s historical performance, a factor we weigh heavily in our fund selection exercise. For this, we consider both the magnitude of performance as well as the consistency of returns. In the case of new funds which feed into their overseas target funds with a longer track record, we may assess the target fund’s performance. We recommend funds which have at least a 3-year track record.

Expense Ratio

The expense ratio is what investors pay for the management of their fund on an annual basis. This charge is deducted from the value of the unit trust, and it takes into account all the operating expenses that a fund incurs, including its annual management fee, administration costs as well as trustee and custodian fees. Generally speaking, the lower the expense ratio, the better it is for you, because you are incurring less costs.

Risk

Instead of purely using standard deviation as the measure of risk, we believe that it is more appropriate to focus on how well a fund holds up during periods when the relevant markets saw substantial decline. As such, in our assessment of risk, we focus on the maximum decline of a fund over a given period, and also incorporate a measure of downside volatility, which tells us how volatile a fund is over periods when it is losing value.

Bond Funds

Equity funds usually track well-known stock market benchmarks, making it easier to compare funds invested in a similar region or country. Bond funds are less comparable, given their differentiated focus on credit, country selection, currency and duration. To reflect the emphasis on stability in fi xed income investments, we assign different weightings to the three quantitative parameters as shown below.

Other Qualitative Criteria

In addition to looking at the above-mentioned quantitative parameters, we also consider other qualitative factors in our analysis, including the fund manager’s consistency in their investment approach, the departure of key personnel as well as the stability of the management team. We also incorporate our outlook on the fi xed income market to assess the merits and disadvantages of a bond fund.

As most of the funds which invest in other regions buy companies that predominantly have their assets and earning streams denominated in foreign currencies, there is currency risk involved. A gain in the MYR against another currency may reduce the returns of the funds exposed to other currencies, while a drop in the MYR against other currencies would increase the returns. Thus, qualitative analysis is a necessary step to distinguish
funds with superior management ability from those which were beneficiaries of strong market or currency movements.

As we take into account the qualitative factors, the highest scoring fund based on quantitative assessment in a particular category may not necessarily be the fund we recommend, although fund performance remains a significant factor.

Weightage Of Quantitative Parameters

Those are some of the best unit trust in Malaysia, but always do your own due diligence before buying any of it.

Know your risk tolerance, time horizon and capital that you can invest in. A unit trust might be suitable for me, but might not necessarily be suitable for you or others.

Previous Post

Overcoming A RM1,700 Monthly Deficit To Buying Three Properties Worth RM1.1 Million

Next Post

US Equities: Opportunities Amid Turbulence

Next Post
A shot of two American or US flags on a high rise building

US Equities: Opportunities Amid Turbulence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Morningstar Awards 2024 Morningstar Awards 2024 Morningstar Awards 2024
  • Trending
  • Comments
  • Latest

Robo Advisor In Malaysia, 8 Robo Advisor Platforms To Choose From

17/08/2022
A calculator on financial chart, financial concept

Tax For The 6 Common Investments In Malaysia

19/09/2023

MRTT VS MRTA, What’s The Difference?

11/10/2023

How To Open A CDS And Share Trading Account?

02/05/2023

Digital Fundraising Platforms in Malaysia

Retirement Plans for the Self-Employed

SC Guidelines On Digital Assets

Retirement planning advise from the experts

Retirement Planning: Best Practices and Advice From Experts

「澳門銀河」再與騰訊音樂娛樂集團攜手呈獻 2025 TMEA騰訊音樂娛樂盛典 8月於銀河綜藝館頒發各大獎項

18/07/2025

F88 earns Gold Level Certification for Client Protection

18/07/2025

趨勢科技連續20次獲 Gartner® Magic Quadrant™ 確認為領導者

18/07/2025

Trend Micro Celebrates 20th Consecutive Recognition as a Leader in Gartner® Magic Quadrant™ Endpoint Protection Platforms

18/07/2025

「澳門銀河」再與騰訊音樂娛樂集團攜手呈獻 2025 TMEA騰訊音樂娛樂盛典 8月於銀河綜藝館頒發各大獎項

13 hours ago

F88 earns Gold Level Certification for Client Protection

13 hours ago

趨勢科技連續20次獲 Gartner® Magic Quadrant™ 確認為領導者

14 hours ago

Trend Micro Celebrates 20th Consecutive Recognition as a Leader in Gartner® Magic Quadrant™ Endpoint Protection Platforms

14 hours ago
The Smart Investor

© 2024 The SmartInvestor Malaysia | The contents on this website are for educational purposes only. You should always seek your own professional advice from the appropriate financial advisor or institution.

Category

  • About
  • Subscribe
  • Write For Us
  • Payment Policy
  • Shipping Policy
  • Privacy Policy
  • Contact Us

Sign up to read our newsletter

  • About
  • Contact Us
  • Home
  • Home (Bahasa Malayu)
  • Newsletter
  • Payment Policy
  • Privacy Policy
  • Shipping Policy
  • Subscribe
  • Write For Us

© 2024 The SmartInvestor Malaysia | The contents on this website are for educational purposes only. You should always seek your own professional advice from the appropriate financial advisor or institution.

No Result
View All Result
  • Start Here
    • Guides
    • How-Tos
    • Analysis
  • Investments
    • Asset Management
    • Stocks
    • Islamic Finance
      • Islamic Personal Finance
    • Alternative Investments
  • Personal Finance
    • Cash Management
    • Grow Your Wealth
    • Protect Your Wealth
    • Distribute Your Wealth
    • Behavioural Finance
  • Enterprise
    • Startups
    • Entrepreneurs
    • SMEs
    • Leadership
    • Business Planning
    • Fintech
  • Property
    • First Time Home Buyers
    • Central
    • Northern
    • Southern
    • Sabah & Sarawak
    • Feature
    • Regional / Global
  • ESG
  • News & Events
  • What’s News Asia

© 2024 The SmartInvestor Malaysia | The contents on this website are for educational purposes only. You should always seek your own professional advice from the appropriate financial advisor or institution.