Malaysia Open-End Asset Flows Update – 2015 July

Inflows to allocation funds and fixed income funds reached 6-month-high.  

Nelly Poon 02.09.2015
Facebook Twitter LinkedIn

All figures are quoted in MYR unless otherwise stated.

Inflows to Equity funds dropped significantly while Fixed Income funds and Allocation funds captured capitals.
466 million was put into equity funds in July – a much lower amount compared to the 1.15 billion inflow in June. Inflows to allocation funds and fixed income funds reached 6-month-high.  

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

MYR Bond funds saw 748 million in June, and recorded an estimated year-to-date-amount of 933 million. Islamic Malaysia Equity funds has the highest year-to-date inflows among all categories, with an estimated amount of 2.93 billion. The 2 funds that saw most inflows in July are MYR Bond funds – Hong Leong Income Management fund and Kenanga Income Fund.

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

 

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

The largest fund family by AUM in Malaysia, Public Mutual, saw 184 million net inflows in July, a level significantly lower than the 708 million in June.

 

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