All figures are quoted in MYR unless otherwise stated.
Equity funds attracted 655 million inflows in April
Equity funds recorded 655 million in flows in April. The category attracted 707 million inflows in March.
Flows by Morningstar Categories
(Ranked by 1-Mo flow as of April 2016, excluding money markets and funds of funds)
Equity – Malaysia Large-cap (Syariah) funds attracted most inflows among all Morningstar categories in April, recorded an estimated amount of 303 million. Bonds – Malaysia funds suffered significant outflows in both March and April.
Mutual Funds with most inflows
(Ranked by 1-Mo flow as of April 2016, excluding money markets and funds of funds)
Flows by Fund Family
(Ranked by assets as of April 2016, excluding money markets and funds of funds)
The largest fund family by AUM in Malaysia, Public Mutual, saw 553 million net inflows in April, putting its year-to-date inflow to 1,308 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.