AmIttikal, designed as a medium to long-term investment with the objective of producing halal income and to a lesser extent capital growth, clocked in outstanding performances over the past three and five years, the company said. The fund recorded five-year total returns of 92.74%* which translated to 14.01%* per annum and has surpassed its benchmark’s returns of 33.99%** or 6.02%** annually.
Topping Lipper’s Equity Sector Natural Resource category is AmCommodities Equity, which locked in three-year total returns of 19.11%*** outpacing the negative industry average of -3.65%*** based on a total of four funds in that category****. AmCommodities Equity, which was launched in July 2010, seeks to provide long-term capital growth by investing in Amundi Islamic Global Resources, which itself invests in shari'ah-compliant, global commodity-related securities.
Fund Name
|
Asset Class
|
Type of Income Distribution for the Financial Year
|
Net Income Distribution per Unit (sen)
|
AmIttikal
|
Equity
|
Interim
|
3.00
|
AmCommodities
|
Equity
|
Equity Final
|
2.00
|
*Lipper Investment Management, for the period 30 June 2009 to 30 June 2014, performance
based on total returns, data extracted 10 July 2014.
**Performance benchmark represented by Malayan Banking Berhad 12-month Islamic General
Investment Account plus 3% spread, Lipper Investment Management, for the period of 30 June
2009 to 30 June 2014, data extracted 10 July 2014.
***Lipper Investment Management, for the period 30 June 2011 to 30 June 2014, performance
based on total returns, data extracted 10 July 2014.
****Lipper Investment Management, for the period 30 June 2013 to 30 June 2014, performance
based on total returns, data extracted 10 July 2014.