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 :: ASM Investment Won the Best Islamic Equity Malaysia for 3 Years at The Edge-Lipper Malaysia Fund Award 2014


ASM Investment Won the Best Islamic Equity Malaysia for 3 Years at The Edge-Lipper Malaysia Fund Award 2014
Date Publish : 19 Feb 2014

ASM Investment was a first time winner at the Edge-Lipper Fund Awards. ASM Shariah Aggressive Fund (ASM SAF) bagged the best fund award for Islamic equity category for the 3-year period. Chief executive officer Ameer Ali Mohamed said the fund posted a total returns of 62.7% for 3 years ended December 2013, while its one-year returns for the year 2013 was 47.9%. He attributed the performance to two key factors, that are the equity allocation which was consistently above 80% level and the right selection of stocks.
 

Ameer Ali Mohamed, CEO/CIO of ASM Investment receiving the award from Datuk Ranjit Singh, Securities Commission Malaysia Chairman. On the left, The Edge Communications Sdn Bhd Managing Director, Au Foong Yee.


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