KUALA LUMPUR – Affin Hwang Asset Management Berhad (“Affin Hwang AM” or “the Company”) announced today the launch of the Affin Hwang World Series – Global Quantum Fund (“WS-GQF” or the “Fund”), Malaysia’s first global small-cap fund. The Fund is a wholesale equity feeder fund that seeks to achieve capital appreciation over the medium to long-term period through investments in global smaller company equities.
The Fund feeds into the Standard Life Investments Global SICAV II – Global Smaller Companies Fund (“Target Fund”), a Luxembourg-domiciled fund managed by Standard Life Investments (“Target Fund Manager”). To meet its investment objective, the Fund will invest a minimum of 80% of the Fund’s NAV into the Target Fund and a maximum of 20% of the Fund’s NAV into money market instruments, fixed deposits and/or liquid assets.
Chan Ai Mei, Chief Marketing & Distribution Officer of Affin Hwang AM said, “With the return of growth globally, the investment case for allocating into small-caps has been emboldened, where the MSCI AC World Small Cap Index returned 110% in the past 10 years exceeding its large-cap peers represented by the MSCI AC Index which posted 66%” (1)
“This latest Fund will enhance our existing product suite and is a welcome addition to our World Series, where we seek to capitalise on our investment partners’ expertise globally. The Fund will fulfil a unique product gap in the market that will allow investors to tap into opportunities within the small-cap space which is largely overlooked being an under-researched asset-class, but has a larger investment universe of stocks to choose from,” Ai Mei adds.
On average, the sell-side community has 22 analysts covering large-caps and just 6 analysts assigned to small-caps (2). This information gap opens up opportunities to find compelling investment ideas, as well as exploit room for asset mispricing or inherent market inefficiencies.
Aberdeen Standard Investments is the brand of the merged investment businesses of Aberdeen Asset Management and Standard Life Investments. As a long-term active investor, the global asset manager has over 1,000 investment professionals, managing $764.3 billion* of assets worldwide as of 30 September 2017. Its Smaller Companies team uses a truly bottom-up approach and an investment process that leverages in-house fundamental analysis and a proprietary quantitative tool to identify compelling stock opportunities. The team seeks out higher quality companies which exhibit superior earnings momentum and growth for their global smaller companies strategy. With the distinct and highly disciplined investment approach, this strategy has yielded 94% in total returns over the past five years, which is equivalent to 14% in annualised return (3).
The Fund is available for Sophisticated Investors who seek capital appreciation through investments in global smaller company equities, have a long-term investment horizon and a high risk-tolerance. The Fund is available in five (5) currency classes, namely USD Class, MYR Class, SGD Class, AUD Class & GBP Class. The minimum investment amount is RM 10,000 for MYR class and $5,000 for USD, SGD, AUD and GBP classes.
Investors are advised to read and understand the contents of the Fund’s Product Highlights Sheet and Information Memorandum dated 18 January 2018 before investing. Visit https://affinhwangam.com for more information of the Fund.
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Lee Sheung Un | email@example.com | +603 2117 6592