KUALA LUMPUR – Affin Hwang Asset Management Berhad (“Affin Hwang AM” or “the Company”) announced today the launch of Affin Hwang Aiiman Global Thematic Mixed Asset Fund (“the Fund) further expanding its suite of thematic offerings. The Fund is a Shariah-compliant retail fund that provides investors access to thematic opportunities through a multi-asset approach including global equities and sukuk.

To achieve its investment objective, the Fund will invest a minimum of 30% and a maximum of 80% of the Fund’s net asset value (NAV) in Shariah-compliant equities, as well as a minimum of 20% and a maximum of 60% of the Fund’s NAV in sukuk. The Fund also has the flexibility to invest a maximum of 20% of its NAV in Islamic deposits and Islamic money market instruments as well as a maximum of 15% of the Fund’s NAV in Shariah-compliant warrants and lastly an allowance to participate with a maximum of 10% of its NAV in Islamic structured products.

Chan Ai Mei, Chief Marketing & Distribution Officer of Affin Hwang AM said, “Many thematic funds today tend to lack diversification as their holdings are often concentrated in a single sector which can lead to more volatility. Our newly launched Fund is designed to solve this quandary for investors who want to capture the potential of thematic opportunities, but at the same time still manage downside risks in their portfolios.”

“Through a flexible asset allocation strategy, the Fund scours the best ideas across multiple themes and asset classes to deliver a smoother path of return for investors and combat volatile times that we’re seeing. By not being bounded to any geographical or sector limits as well, the Fund is able to dynamically allocate between different key megatrends such as technological innovation, sustainability as well as changing demographics and lifestyles that will transform the way the world works,” Ai Mei says.

Managed externally by Affin Hwang AM’s wholly-owned Islamic fund management arm AIIMAN Asset Management, the Fund also benefits from the combined expertise of Schroders Investment Management which acts as its Investment Advisor.

On the Fund’s investment strategy, Akmal Hassan, Managing Director of AIIMAN Asset Management says, “"By applying a Shariah filter which excludes companies with excessive levels of debt, we seek out higher quality companies with stronger balance sheets as compared to conventional thematic strategies that would increase the Fund’s resilience to market volatility.”

“Combined with AIIMAN’s deep expertise in managing global sukuk, investors also benefit from having exposure to this defensive asset class due to its lower drawdowns in periods of extreme volatility. With an expanding market breadth, global sukuk as an asset class is also expected to see greater demand and inflows with its inclusion into major bond indices,” Akmal said.

The Fund is suitable for Retail Investors who seek moderate capital growth and have a medium to long-term investment horizon. The Base Currency of the Fund is in USD. The Fund is offered in four (4) currency classes, namely MYR Hedged-Class, USD Class, SGD Hedged-Class and AUD Hedged-Class. The minimum investment amount is $1000 for all listed currency classes.

Investors are advised to read and understand the contents of the Fund’s Product Highlights Sheet and Prospectus dated 15 June 2022 before investing. Investors who are keen to learn more about the Fund can visit http://affinhwangam.com/ and invest through any of Affin Hwang AM sales offices.


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