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AHAM World Series – America Equity Fund
David Ng, CFA, Deputy Managing Director & Chief Investment Officer David Ng joined AHAM Asset Management (formerly known as Affin Hwang Asset Management) in 2002 as Head of Equities and assumed the role of Chief Investment Officer in September 2006. In January 2018, he was made joint Deputy Managing Director, while retaining his position and responsibility as Chief Investment Officer. He personifies the investment-led culture of the firm.   David has been responsible for successfully steering client portfolios through different market cycles including periods punctuated by periods of significant volatility and uncertainty. His astute and decisive guidance has allowed the Company to remain ahead of its peers. More than two decades later, he has built the investment team from just four fund managers to a 60-strong team (as at August 2023) across all investment departments. Under his foresight and vision, the team has evolved from having a domestic focus to one with regional investment capabilities and corresponding track record. During the period when he was managing Malaysia Equities, he garnered investment awards for a number of consecutive years from the largest pension fund in Malaysia. He also leads the Asia Equities team.   The investment team’s search for alpha is centred around an absolute return investment philosophy. He encourages his team to have a 360-degree perspective by focusing not only on finding good ideas, but keeping their ears on the ground and their eyes to the world as well as being forward looking.   He graduated with a double degree in Bachelor of Commerce (Accounting) and Bachelor of Law from Monash University in Melbourne, Australia; and is also a Chartered Financial Analyst (CFA) charterholder. He started his career at a large law firm before venturing into fund management with a local bank backed fund management house in 1998.
JPMORGAN ASSET MANAGEMENT (EUROPE) S.à r.l (“THE MANAGEMENT COMPANY”) The Board has appointed the Management Company to perform investment management, administrative and marketing functions and as domiciliary agent. The Management Company is a Société à responsabilité limitée (S.à r.l). The Company was incorporated on 20 April 1988 in Luxembourg and is regulated by the CSSF. The Management Company can delegate to third parties some or all of its activities, subject to applicable laws. For example, so long as it retains control and supervision, the Management Company can appoint one or more investment managers to handle the day-to-day management of the Target Fund’s assets, or one or more advisors to provide investment information, recommendations and research concerning prospective and existing investments. The Management Company can also appoint various service providers. J.P MORGAN INVESTMENT MANAGEMENT INC. (“THE INVESTMENT MANAGER”) The Investment Manager is regulated by the US Securities and Exchange Commission. The Investment Manager is responsible for day-to-day management of the Target Fund’s portfolios in accordance with the Target Fund’s investment objective and policies. The Investment Manager may, from time to time, sub-delegate part or all of the investment management function to one or more affiliates of JPMorgan Chase & Co.
N/A
AHAM World Series – America Equity Fund

The Fund seeks to achieve capital appreciation over long term period.
FUND TYPE
Growth
FUND size
61290841.0149
category
Feeder (Wholesale)
BASE CURRENCY
USD
RISK RATING
G4
EPF-MIS
0
SHARIAH COMPLIANT
Conventional
SUBSCRIPTION STATUS
Active
overall rating

N/A

0
As of 2025-03-27
AHAM World Series – America Equity Fund
David Ng, CFA, Deputy Managing Director & Chief Investment Officer David Ng joined AHAM Asset Management (formerly known as Affin Hwang Asset Management) in 2002 as Head of Equities and assumed the role of Chief Investment Officer in September 2006. In January 2018, he was made joint Deputy Managing Director, while retaining his position and responsibility as Chief Investment Officer. He personifies the investment-led culture of the firm.   David has been responsible for successfully steering client portfolios through different market cycles including periods punctuated by periods of significant volatility and uncertainty. His astute and decisive guidance has allowed the Company to remain ahead of its peers. More than two decades later, he has built the investment team from just four fund managers to a 60-strong team (as at August 2023) across all investment departments. Under his foresight and vision, the team has evolved from having a domestic focus to one with regional investment capabilities and corresponding track record. During the period when he was managing Malaysia Equities, he garnered investment awards for a number of consecutive years from the largest pension fund in Malaysia. He also leads the Asia Equities team.   The investment team’s search for alpha is centred around an absolute return investment philosophy. He encourages his team to have a 360-degree perspective by focusing not only on finding good ideas, but keeping their ears on the ground and their eyes to the world as well as being forward looking.   He graduated with a double degree in Bachelor of Commerce (Accounting) and Bachelor of Law from Monash University in Melbourne, Australia; and is also a Chartered Financial Analyst (CFA) charterholder. He started his career at a large law firm before venturing into fund management with a local bank backed fund management house in 1998.
JPMORGAN ASSET MANAGEMENT (EUROPE) S.à r.l (“THE MANAGEMENT COMPANY”) The Board has appointed the Management Company to perform investment management, administrative and marketing functions and as domiciliary agent. The Management Company is a Société à responsabilité limitée (S.à r.l). The Company was incorporated on 20 April 1988 in Luxembourg and is regulated by the CSSF. The Management Company can delegate to third parties some or all of its activities, subject to applicable laws. For example, so long as it retains control and supervision, the Management Company can appoint one or more investment managers to handle the day-to-day management of the Target Fund’s assets, or one or more advisors to provide investment information, recommendations and research concerning prospective and existing investments. The Management Company can also appoint various service providers. J.P MORGAN INVESTMENT MANAGEMENT INC. (“THE INVESTMENT MANAGER”) The Investment Manager is regulated by the US Securities and Exchange Commission. The Investment Manager is responsible for day-to-day management of the Target Fund’s portfolios in accordance with the Target Fund’s investment objective and policies. The Investment Manager may, from time to time, sub-delegate part or all of the investment management function to one or more affiliates of JPMorgan Chase & Co.
N/A
AHAM World Series – America Equity Fund

The Fund seeks to achieve capital appreciation over long term period.
FUND TYPE
Growth
FUND size
57597173.3673
category
Feeder (Wholesale)
BASE CURRENCY
USD
RISK RATING
G4
EPF-MIS
0
SHARIAH COMPLIANT
Conventional
SUBSCRIPTION STATUS
Active
overall rating

N/A

0
As of 2025-03-27
AHAM World Series – America Equity Fund
David Ng, CFA, Deputy Managing Director & Chief Investment Officer David Ng joined AHAM Asset Management (formerly known as Affin Hwang Asset Management) in 2002 as Head of Equities and assumed the role of Chief Investment Officer in September 2006. In January 2018, he was made joint Deputy Managing Director, while retaining his position and responsibility as Chief Investment Officer. He personifies the investment-led culture of the firm.   David has been responsible for successfully steering client portfolios through different market cycles including periods punctuated by periods of significant volatility and uncertainty. His astute and decisive guidance has allowed the Company to remain ahead of its peers. More than two decades later, he has built the investment team from just four fund managers to a 60-strong team (as at August 2023) across all investment departments. Under his foresight and vision, the team has evolved from having a domestic focus to one with regional investment capabilities and corresponding track record. During the period when he was managing Malaysia Equities, he garnered investment awards for a number of consecutive years from the largest pension fund in Malaysia. He also leads the Asia Equities team.   The investment team’s search for alpha is centred around an absolute return investment philosophy. He encourages his team to have a 360-degree perspective by focusing not only on finding good ideas, but keeping their ears on the ground and their eyes to the world as well as being forward looking.   He graduated with a double degree in Bachelor of Commerce (Accounting) and Bachelor of Law from Monash University in Melbourne, Australia; and is also a Chartered Financial Analyst (CFA) charterholder. He started his career at a large law firm before venturing into fund management with a local bank backed fund management house in 1998.
JPMORGAN ASSET MANAGEMENT (EUROPE) S.à r.l (“THE MANAGEMENT COMPANY”) The Board has appointed the Management Company to perform investment management, administrative and marketing functions and as domiciliary agent. The Management Company is a Société à responsabilité limitée (S.à r.l). The Company was incorporated on 20 April 1988 in Luxembourg and is regulated by the CSSF. The Management Company can delegate to third parties some or all of its activities, subject to applicable laws. For example, so long as it retains control and supervision, the Management Company can appoint one or more investment managers to handle the day-to-day management of the Target Fund’s assets, or one or more advisors to provide investment information, recommendations and research concerning prospective and existing investments. The Management Company can also appoint various service providers. J.P MORGAN INVESTMENT MANAGEMENT INC. (“THE INVESTMENT MANAGER”) The Investment Manager is regulated by the US Securities and Exchange Commission. The Investment Manager is responsible for day-to-day management of the Target Fund’s portfolios in accordance with the Target Fund’s investment objective and policies. The Investment Manager may, from time to time, sub-delegate part or all of the investment management function to one or more affiliates of JPMorgan Chase & Co.
N/A
AHAM World Series – America Equity Fund

The Fund seeks to achieve capital appreciation over long term period.
FUND TYPE
Growth
FUND size
67237775.2305
category
Feeder (Wholesale)
BASE CURRENCY
USD
RISK RATING
G4
EPF-MIS
0
SHARIAH COMPLIANT
Conventional
SUBSCRIPTION STATUS
Active
overall rating

N/A

0
As of 2025-03-27
AHAM World Series – America Equity Fund
David Ng, CFA, Deputy Managing Director & Chief Investment Officer David Ng joined AHAM Asset Management (formerly known as Affin Hwang Asset Management) in 2002 as Head of Equities and assumed the role of Chief Investment Officer in September 2006. In January 2018, he was made joint Deputy Managing Director, while retaining his position and responsibility as Chief Investment Officer. He personifies the investment-led culture of the firm.   David has been responsible for successfully steering client portfolios through different market cycles including periods punctuated by periods of significant volatility and uncertainty. His astute and decisive guidance has allowed the Company to remain ahead of its peers. More than two decades later, he has built the investment team from just four fund managers to a 60-strong team (as at August 2023) across all investment departments. Under his foresight and vision, the team has evolved from having a domestic focus to one with regional investment capabilities and corresponding track record. During the period when he was managing Malaysia Equities, he garnered investment awards for a number of consecutive years from the largest pension fund in Malaysia. He also leads the Asia Equities team.   The investment team’s search for alpha is centred around an absolute return investment philosophy. He encourages his team to have a 360-degree perspective by focusing not only on finding good ideas, but keeping their ears on the ground and their eyes to the world as well as being forward looking.   He graduated with a double degree in Bachelor of Commerce (Accounting) and Bachelor of Law from Monash University in Melbourne, Australia; and is also a Chartered Financial Analyst (CFA) charterholder. He started his career at a large law firm before venturing into fund management with a local bank backed fund management house in 1998.
JPMORGAN ASSET MANAGEMENT (EUROPE) S.à r.l (“THE MANAGEMENT COMPANY”) The Board has appointed the Management Company to perform investment management, administrative and marketing functions and as domiciliary agent. The Management Company is a Société à responsabilité limitée (S.à r.l). The Company was incorporated on 20 April 1988 in Luxembourg and is regulated by the CSSF. The Management Company can delegate to third parties some or all of its activities, subject to applicable laws. For example, so long as it retains control and supervision, the Management Company can appoint one or more investment managers to handle the day-to-day management of the Target Fund’s assets, or one or more advisors to provide investment information, recommendations and research concerning prospective and existing investments. The Management Company can also appoint various service providers. J.P MORGAN INVESTMENT MANAGEMENT INC. (“THE INVESTMENT MANAGER”) The Investment Manager is regulated by the US Securities and Exchange Commission. The Investment Manager is responsible for day-to-day management of the Target Fund’s portfolios in accordance with the Target Fund’s investment objective and policies. The Investment Manager may, from time to time, sub-delegate part or all of the investment management function to one or more affiliates of JPMorgan Chase & Co.
N/A
AHAM World Series – America Equity Fund

The Fund seeks to achieve capital appreciation over long term period.
FUND TYPE
Growth
FUND size
341693035.2108
category
Feeder (Wholesale)
BASE CURRENCY
USD
RISK RATING
G4
EPF-MIS
0
SHARIAH COMPLIANT
Conventional
SUBSCRIPTION STATUS
Active
overall rating

N/A

0
As of 2025-03-27
AHAM World Series – America Equity Fund
David Ng, CFA, Deputy Managing Director & Chief Investment Officer David Ng joined AHAM Asset Management (formerly known as Affin Hwang Asset Management) in 2002 as Head of Equities and assumed the role of Chief Investment Officer in September 2006. In January 2018, he was made joint Deputy Managing Director, while retaining his position and responsibility as Chief Investment Officer. He personifies the investment-led culture of the firm.   David has been responsible for successfully steering client portfolios through different market cycles including periods punctuated by periods of significant volatility and uncertainty. His astute and decisive guidance has allowed the Company to remain ahead of its peers. More than two decades later, he has built the investment team from just four fund managers to a 60-strong team (as at August 2023) across all investment departments. Under his foresight and vision, the team has evolved from having a domestic focus to one with regional investment capabilities and corresponding track record. During the period when he was managing Malaysia Equities, he garnered investment awards for a number of consecutive years from the largest pension fund in Malaysia. He also leads the Asia Equities team.   The investment team’s search for alpha is centred around an absolute return investment philosophy. He encourages his team to have a 360-degree perspective by focusing not only on finding good ideas, but keeping their ears on the ground and their eyes to the world as well as being forward looking.   He graduated with a double degree in Bachelor of Commerce (Accounting) and Bachelor of Law from Monash University in Melbourne, Australia; and is also a Chartered Financial Analyst (CFA) charterholder. He started his career at a large law firm before venturing into fund management with a local bank backed fund management house in 1998.
JPMORGAN ASSET MANAGEMENT (EUROPE) S.à r.l (“THE MANAGEMENT COMPANY”) The Board has appointed the Management Company to perform investment management, administrative and marketing functions and as domiciliary agent. The Management Company is a Société à responsabilité limitée (S.à r.l). The Company was incorporated on 20 April 1988 in Luxembourg and is regulated by the CSSF. The Management Company can delegate to third parties some or all of its activities, subject to applicable laws. For example, so long as it retains control and supervision, the Management Company can appoint one or more investment managers to handle the day-to-day management of the Target Fund’s assets, or one or more advisors to provide investment information, recommendations and research concerning prospective and existing investments. The Management Company can also appoint various service providers. J.P MORGAN INVESTMENT MANAGEMENT INC. (“THE INVESTMENT MANAGER”) The Investment Manager is regulated by the US Securities and Exchange Commission. The Investment Manager is responsible for day-to-day management of the Target Fund’s portfolios in accordance with the Target Fund’s investment objective and policies. The Investment Manager may, from time to time, sub-delegate part or all of the investment management function to one or more affiliates of JPMorgan Chase & Co.
N/A
AHAM World Series – America Equity Fund

The Fund seeks to achieve capital appreciation over long term period.
FUND TYPE
Growth
FUND size
35563419.1458
category
Feeder (Wholesale)
BASE CURRENCY
USD
RISK RATING
G4
EPF-MIS
0
SHARIAH COMPLIANT
Conventional
SUBSCRIPTION STATUS
Active
overall rating

N/A

0
As of 2025-03-27
Latest NAV Price & YTD Return
  • Total Return (%)
    YTD
    1-Month 
    1-Year
    3-Year
    Since Inception*
    USD
    36.66
    -4.22
    9.5
    26.56
    36.66
    MYR-Hedged
    30.76
    -4.37
    7.13
    19.02
    30.76
    SGD-Hedged
    30.48
    -4.34
    7.51
    19.99
    30.48
    MYR
    17.5
    -4.13
    3.41
    0
    17.5
    AUD-Hedged
    29.52
    -4.39
    8.1
    19.53
    29.52
    Currently Viewing:

  • YTD

     LAUNCH DATE

    LAUNCH PRICE
    MINIMUM INITIAL INVESTMENT*
    MINIMUM ADDITIONAL INVESTMENT*
    MINIMUM UNITS HELD*
    MINIMUM REPURCHASE AMOUNT
    USD
    [$FundI]
    2021-05-19
    USD
    0.5
    USD
    10000
    USD
    5000
    10000
    units
    10000
    units
    MYR
    [$FundI]
    2023-12-15
    MYR
    0.5
    MYR
    30000
    MYR
    10000
    10000
    units
    10000
    units
    AUD-Hedged
    [$FundI]
    2021-05-19
    AUD
    0.5
    AUD
    10000
    AUD
    5000
    10000
    units
    0
    units
    MYR-Hedged
    [$FundI]
    2021-05-19
    MYR
    0.5
    MYR
    30000
    MYR
    10000
    10000
    units
    0
    units
    SGD-Hedged
    [$FundI]
    2021-05-19
    SGD
    0.5
    SGD
    10000
    SGD
    5000
    10000
    units
    0
    units
    *Please refer to the Fund’s Prospectus / Information Memorandum for further details of the Fund.
  • Sales Charge Per Unit
    Up to 5.50% of the initial offer price of a Class during the initial offer period, and thereafter, on the NAV per Unit of a Class.
    annual management fee
    Up to 1.80% per annum of the NAV of the Fund (before deducting the management fee and trustee fee).
    trustee / custodian fee
    Up to 0.06% per annum of the NAV of the Fund (excluding foreign custodian fees and charges).
    Transfer Fee
    N/A
    Switching Fee
    N/A

    Repurchase Charge

    N/A

    Performance Fee and Hurdle Value

    N/A

    Penalty Charge

    N/A

    PPA Account Opening Fee

    N/A

    PPA Annual Fee

    N/A

    PPA Pre-retirement Withdrawal Fee

    N/A

    PPA Transfer Fee

    N/A

    PPA Administration Fee

    N/A
  • Interested to know more about this fund?
    Submit Your Enquiry
    Got questions? We will be happy to answer and assist you! Submit your enquiry today, and we will get back to you as soon as we can.
    Book An Appointment
    We’d love to meet up for a chat! Please complete our appointment form at least 48 hours prior to your appointment and we will be in touch to confirm.
    Locate Us
    You are welcome to visit us anytime during office hours, from 8.45 am to 5.30 pm (on business days only). Find the nearest AHAM Capital branch around you.

    If you are an existing AHAM Capital investor and an i-Access user, you can start investing by clicking the button below.

    You can invest in this fund via EPF i-Invest. Click the button below to start investing.

    We also work with a wide range of banks and partners to expand the reach of our funds across the country.
    https://www.ambankgroup.com/eng/business/amprivatebanking/
    AM Private Banking
    https://www.hsbc.com.my/
    HSBC Bank Malaysia Berhad
    https://www.ifastcapital.com.my/
    iFAST Capital
    https://www.maybank.com/
    Malayan Banking Berhad Malaysia
    https://www.phillipmutual.com/
    Phillip Mutual
    https://www.sc.com/my/
    Standard Chartered Bank Malaysia Berhad
    https://www.tainvest.com.my/
    TA Investment Management Berhad
    https://www.uob.com.my/
    UOB Bank
    https://www.uobkayhian.com/
    UOB KayHian
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TENG CHEE WAI

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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