Malaysia Open-End Asset Flows Update – 2015 June

1.15 billion was put into equity funds in June, while fixed income funds saw 0.456 billion outflows.

Nelly Poon 22.07.2015
Facebook Twitter LinkedIn

All figrues are quoted in MYR unless otherwise stated.

Strong inflows to Equity funds in June
1.15 billion was put into equity funds in June, while fixed income funds saw 0.456 billion outflows.

Flows by Morningstar Categories
(Ranked by 1-Mo flow as of June 2015, excluding money markets and funds of funds)

Islamic Malaysia Equity funds saw 890 million (MYR) in June, and recorded an estimated amount of 2,729 million in the first half of 2015. Among the 5 funds tha saw most inflows in June, 4 are Islamic Malaysia Equity funds (Public Ittikal fund, Public Islamic Equity fund, CIMB – Principal Asia Pacific Dynamic Inc, CIMB Islamic DALI Equity fund and Public Ittikal Sequel fund).

Top- and Bottom- Flowing Mutual Funds in June
(Ranked by 1-Mo flow as of June 2015, excluding money markets and funds of funds)

 

Flows by Fund Family
(Ranked by assets as of June 2015, excluding money markets and funds of funds)

The largest fund family by AUM in Malaysia, Public Mutual, saw 708 million net inflows in June, making its YTD inflows 1,953 million.

 

Important methodology note: Morningstar computes flows using the approach that is standard in the industry: Estimated net flow is the change in assets not explained by the performance of the fund. Our method assumes that flows occur uniformly over the course of the month. Adjustments for mergers are performed automatically. When liquidated funds are included, the final assets of the fund are counted as outflows. Reinvested dividends are not counted as inflows. We use fund-level reinvestment rates to improve accuracy in this respect. We make ad hoc adjustments for unusual corporate actions such as reverse share splits, and we overwrite our estimates with actual flows if managers are willing to provide the data to us. Please click here for a full explanation of our methodology.

Facebook Twitter LinkedIn

About Author

Nelly Poon  Nelly Poon is an editor with Morningstar.

© Copyright 2022 Morningstar Asia Ltd. All rights reserved.

Terms of Use        Privacy Policy