There are thousands of unit trust funds in Malaysia, making it very hard for an individual to choose to invest in which unit trust. There are many categories to choose from, ranging from equities (high risk) to bonds (low risk).
Let’s check out some of the top unit trust in Malaysia as per below:
The above are the 2022 Morningstar Fund Awards winners in Malaysia.
For the category Best Asia-Pacific Equity, the winner is PB Asia Equity Fund by Public Mutual Berhad.
Best Malaysia Bond Fund category goes to AmanahRaya Unit Trust Fund by Amanahraya Investment Management Sdn Bhd.
Amanahraya Investment Management Sdn Bhd wins again in the Best Malaysia Bond (Shariah) Fund category with its Amanahraya Syariah Trust Fund (Syariah Bond Fund).
Kenanga Investors Berhad won the Best Malaysia Large-Cap Equity Fund with its Kenanga Growth Fund Series 2 (USD).
Finally, Public Mutual Berhad won again for the category Best Malaysia Large-Cap Equity (Shariah) Fund with its Public Islamic Alpha-40 Growth Fund.
How The Winners Are Selected?
The Morningstar fund category awards are based on Morningstar fund data as of 31 December 2021. The awards methodology emphasises the one-year period, but funds must also have delivered strong three- and five-year returns after adjusting for risk within the awards peer groups in order to obtain an award. In selecting winners, fund returns are adjusted for risk using the Morningstar Risk, a measure which imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility. The full methodology for the awards is available here.
So there you go, those are some of the top unit trust in Malaysia. But before investing in any unit trust or any investment vehicle for that matter, do your own due diligence first. The unit trust might be suitable for me, but it might not be suitable for you or for everyone.