Affin Hwang AM Launches Global Shariah Multi Thematic Fund
KUALA LUMPUR – Affin Hwang Asset Management Berhad (“Affin Hwang AM” or “the Company”) announced today the launch of Affin Hwang Aiiman Global Multi Thematic Fund (“the Fund). The Fund is a retail equity fund that provides access to long-term growth opportunities across several megatrends that are shaping the world through a Shariah lens.

To achieve its investment objective, the Fund will invest a minimum of 70% of the Fund’s net asset value (NAV) in Shariah-compliant equities and a maximum of 30% of the Fund’s NAV in Islamic money market instruments and/or deposits. The Fund also has the flexibility to invest up to 15% of its NAV in Shariah-compliant warrants and up to 10% of its NAV in Islamic structured products.

Chan Ai Mei, Chief Marketing & Distribution Officer of Affin Hwang AM said, “As the first global Shariah multi thematic strategy in the industry, the Fund provides investors a unique multipronged approach to capture different megatrends that are transforming how we live and work. These include technological innovation, sustainability as well as shifting demographics and change in lifestyles that are expected to persist and continuously evolve for many years to come.”

“This will translate into dynamic investable opportunities across a myriad of sectors and platforms that have high alpha potential - ranging as diverse from artificial intelligence (AI), solar energy and even e-sports. In return investors benefit from a concentrated portfolio exposure into companies that are at the forefront of these long-term structural changes that are difficult to reverse,” Ai Mei continues.

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 adding a Shariah lens to multi-thematic investing, the Fund will only invest in transformational companies with strong balance sheets, while excluding those with excessive levels of debt or those operating in unethical industries that are not well positioned for the future. This further increases the portfolio’s resilience to market volatility."

“By combining both AIIMAN’s Shariah capabilities with Schroders’ fundamental equity research enhanced by data science, we are able to harness the power of big data and exploit opportunities that are not yet recognised by the market,” Akmal said.

The Fund is suitable for Retail Investors who seek capital appreciation 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 USD Class, MYR Hedged-Class, SGD Hedged-Class and AUD Hedged-Class. The minimum investment amount is $100 for all listed currency classes.

Investors are advised to read and understand the contents of the Fund’s Product Highlights Sheet and Prospectus dated 12 August 2021 before investing. Investors who are keen to learn more about the Fund can visit and invest through any of Affin Hwang AM sales offices.

– End of Press Release –

Lee Sheung Un | [email protected] | +603 2117 6592
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Managing Director
Teng Chee Wai is the founder of Affin Hwang Asset Management Berhad (Affin Hwang AM). Over the past decade, he has built the Company to be the fastest growing and only independent investment management house in Malaysia’s top three, with an excess of RM47 billion in assets under management as at 31 December 2018.​

​In his capacity as Managing Director / Executive Director, Teng manages the overall business and strategic direction as well as the management of the investment team. His hands-on approach sees him actively involved in investments, product development and marketing. Teng’s critical leadership and regular participation in reviewing and assessing strategies and performance has been pivotal in allowing the Company to successfully navigate the economically turbulent decade.

Teng’s investment management experience spans more than 20 years, and his key area of expertise is in managing absolute return mandates for insurance assets and investment-linked funds in both Singapore and Malaysia. Prior to his current appointments, he was the Assistant General Manager (Investment) of Overseas Assurance Corporation (OAC) and was responsible for the investment function of the Group Overseas Assurance Corporation Ltd.​

​Teng began his career in the financial industry as an Investment Manager with NTUC Income, Singapore. He is a Bachelor of Science graduate from the National University of Singapore and has a Post-Graduate Diploma in Actuarial Studies from City University in London.
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