All figures are quoted in MYR unless otherwise stated.
Equity funds continued to draw in new money
Equity funds recorded 747 million inflows in November, after garnering 651 million of new assets in October.
Flows by Morningstar Categories
(Ranked by 1-Mo flow as of November 2015, excluding money markets and funds of funds)
Malaysia Large-cap (Syariah) funds saw 270 million inflows in November, putting its estimated year-to-date inflow to 3.67 billion. Public Ittikal Sequel fund, the fund that saw most inflows in November, is a Malaysia Large-cap (Syariah) fund.
Top- and Bottom- Flowing Mutual Funds
(Ranked by 1-Mo flow as of November 2015, excluding money markets and funds of funds)
Flows by Fund Family
(Ranked by assets as of November 2015, excluding money markets and funds of funds)
The largest fund family by AUM in Malaysia, Public Mutual, saw 467 million net inflows in November, putting its year-to-date inflow to 3.92 billion. CIMB Principal Asset Management has also attracted huge net inflows so far this year.
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.