AmIslamic Funds Management Sdn Bhd

Growing Your Investments in a Changing World
AmIslamic Funds Management Sdn Bhd

AmIslamic Funds Management Sdn Bhd (“AIFM”) –Registration No. 200801029135 (830464-T) was established on 25 August 2008 to be a dedicated Islamic investment solutions provider, which offers a comprehensive and innovative range of Shariah-compliant funds and provides investment management services on all Shariah-compliant assets. AmInvest is the brand name for AIFM.

AmFunds Management Berhad has appointed AIFM, a licensed fund manager approved by the Securities Commission Malaysia (“SC”) on 12 January 2009, to implement its Shariah-compliant funds’ investment strategies to achieve the objectives of its funds.

AIFM is a holder of Capital Markets and Services Licence for the regulated activities of fund management issued under the Capital Markets and Services Act 2007.

As at Financial Year End 2022 (31 March 2022), AIFM is not involved in any material litigation and arbitration, including those pending or threatened, and any facts likely to give rise to any proceedings which might materially affect the business or financial position of AIFM.

Registered Office:
22nd Floor, Bangunan Ambank Group,
55, Jalan Raja Chulan, 50200 Kuala Lumpur
Tel: (03) 2036 2633
Email: enquiries@aminvest.com
Website Address: www.aminvest.com

Business Office:
9th & 10th Floor, Bangunan AmBank Group,
55, Jalan Raja Chulan, 50200 Kuala Lumpur
Tel: (03) 2032 2888
Email: enquiries@aminvest.com
Website Address: www.aminvest.com


More information on AIFM

a) Financial Position

 

b) Assets under Management

As at Financial Year End 2022 (31 March 2022), the total value of assets under management is RM10.3 billion, including separately managed mandates and collective investment schemes (18 funds and 4 private retirement schemes).

c) Cross Trade

The Manager may conduct cross trades between funds and private mandates it currently manages provided that all criteria imposed by the regulators are met.

Notwithstanding, cross trades between the personal account of an employee of the Manager and the fund's account are strictly prohibited. The execution of cross trade (if any) will be reported to the Investment Committee and disclosed in the fund's report accordingly.


Key Personnel

Diverse and Dedicated Team of Funds Management Specialists

Experienced multidisciplinary specialists that bring the best practices of funds management.

Kevin Wong Weng Tuck
Principal Officer & Chief Investment Officer

Kevin Wong Weng Tuck is the Principal Officer of AmIslamic Funds Management Sdn Bhd (AIFM). His responsibilities include business development and marketing of Islamic funds as well as managing the Shariah compliance and governance of AIFM and its investment portfolios. Kevin is also the Chief Investment Officer (CIO) of AIFM, overseeing the company’s investments across asset classes, overall investment strategies and portfolio positioning of funds under management. He is the designated fund manager for all Islamic funds under AIFM’s management. He has over 23 years of experience in the financial services, capital markets and funds management industries. In year 2000, he joined AmFunds Management Berhad as an investment analyst. His last position held before CIO was Senior Vice President, Head of Research, which oversaw a team of 15 research personnel that conducted fundamental and relative value analysis on economic, monetary and financial developments, industry sectors, listed and unlisted companies in 18 countries around the globe. Kevin graduated with a degree in Bachelor of Commerce (Accounting) from Monash University, Australia. He holds a Capital Markets Services Representative's License for the regulated activity of funds management.

J Visvanathan Jaganatha Thevar
Compliance Officer

J Visvanathan Jaganatha is the designated Compliance Officer overseeing compliance matters in AmInvest. He has more than 34 years of working experience in the banking industry, over which 13 years’ experience are capital markets related within the AmBank Group. He is also currently the Head of Compliance at AmInvestment Bank Berhad. He holds a Master of Business Administration from Victoria University of Technology, Australia. He has completed the relevant examinations for Securities Commission Malaysia (SC) modules and is registered as Head of Compliance with both SC and Bursa Malaysia. He is also a Certified Professional in Anti-Money Laundering and Counter Financing of Terrorism.


The Board of Directors

The Board of Directors are as follows:

Ms Chee Li Har (Chairman, Independent)

Ms Chee Li Har (Chairman, Independent) was appointed to the Board of AmIslamic Funds Management Sdn Bhd on 1 April 2019 as Independent Non-Executive Chairman. She is currently an Independent Non-Executive Director of AmInvestment Bank Berhad. Ms Chee holds a Bachelor of Arts-Economics from University of Malaya and Persatuan Kewangan Malaysia Certification (PKMC). In 2013, she returned to Malaysia under TalentCorp Malaysia Returning Expert Program where she set up a new ‘central treasury’ type function for Hong Leong Bank (M) Berhad named Group Asset and Liabilities. In that role, Ms Chee is responsible for driving and supporting the trajectory growth in the regional business and optimising returns/costs of the bank’s balance sheet. She played the key role in making both structural and tactical balance sheet decisions, particularly in the areas of economic profit, liquidity & interest risk management and regulatory compliance. Prior to her promotion to COO/Head, Group Asset and Liability (GALCO) in Hong Leong Bank, Ms Chee was the Regional Head of Asset and Liabilities Management for South East Asia at Standard Chartered Bank, Singapore. In this role, she led multicultural teams in South East Asia and traded in most interest rate products and derivatives. Ms Chee was well recognised for her leadership abilities and sent for leadership programs at INSEAD, Asia Campus and the SAID Business School at University of Oxford. She believes in sharing expertise and was actively engaged in masterclass training and many speaking engagements in South East Asia, including one for Asian Development Bank. Collaboration, drive, integrity and diversity are values that are of utmost importance to her. In living her values, she is a strong proponent of empowering women and amongst a few initiatives that she is currently engaged in, she sits on the committees of International Women’s Federation of Commerce and Industry Malaysia (IWFCI) and a social enterprise for women in Beladin, East Malaysia. Ms Chee is multi-talented. She is an avid artist and creator of wearable art accessories called GoCHeeKS. She has held 3 art exhibitions in Singapore and Malaysia (in part to raise funds for charities and create awareness for hunger).

En Zainal Abidin Bin Mohd Kassim (Independent)
En Izad Shahadi Mohd Sallehuddin (Independent)

En Izad Shahadi Mohd Sallehuddin (“En Izad”) was appointed to the Board of AmIslamic Funds Management Sdn Bhd on 1 July 2021 as an Independent Non-Executive Director. He is also a member of the Investment Committee of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd. En Izad holds a BSc Economics (Hons) from the London School of Economics and Political Science and a Master’s degree in Business Administration from the University of Nottingham. He has also completed the Berkeley Executive Leadership Program at the Haas School of Business, University of California Berkeley. En Izad has over 15 years of experience working in financial institutions, including top global bulge bracket investment banks,such as UBS and Citigroup focusing on equities. He also has experience in fund raising activities as well as managing and rehabilitating assets of government-linked companies. He was previously the Chief Executive Officer of Urusharta Jamaah Sdn Bhd and Chief Investment Officer of Penjana Kapital Sdn Bhd. He is currently the Chief Operations Officer of Omesti Berhad and sits on the board of OMS Group Sdn Bhd.

Ms Goh Wee Peng (Non-Independent)

Ms Goh Wee Peng (Non-Independent) is the Chief Executive of AmInvest, the brand for the funds management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd. Both companies are wholly-owned subsidiaries of AmInvestment Bank Berhad. Ms. Goh has more than 20 years of experience in the financial industry, over 16 years’ experience are in funds management. Prior to her appointment as CEO in August 2018, she held various senior management roles within AmInvest comprising Acting CEO, Deputy CEO and Chief Investment Officer of Fixed Income. Her financial expertise and experience span money broking, bond trading and funds management. She started her career as a money market broker, then fixed income dealer before joining AmInvest as a credit analyst in 2002. Ms. Goh graduated with a degree in Bachelor of Business (Economics and Finance) from RMIT University, Melbourne, Australia. She holds a Capital Markets Services Representative’s License, Persatuan Forex License, Dealer’s Representative License and is a member of the Federation of Investment Managers Malaysia (FIMM) and Malaysian Association of Asset Managers (MAAM).

Mr Kevin Wong Weng Tuck (Non-Independent)

The Investment Committee

The Investment Committee meets at least five (5) times a year to review the Fund’s investment objectives and guidelines, and to ensure that the Fund is invested appropriately.

The Investment Committee members are:

Mdm Jas Bir Kaur A/P Lol Singh (Chairperson)

Mdm Jas Bir Kaur A/P Lol Singh (independent) was appointed to the Board of AmFunds Management Berhad on 1 July 2021 as an Independent Non-Executive Director. Mdm Jas Bir is also the Chairperson of the Investment Committee of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd. She holds a degree in Economics and Business Administration (Analytical Economics) from University Malaya, Masters in Science (Finance) from the University of Strathclyde, Glasgow, Scotland and her second Master of Managerial Psychology (part-time) from HELP University, Kuala Lumpur. She is also a Certified Professional Coach (Corporate Coach Academy) and a certified mediator under Malaysian Mediation Centre. Throughout Mdm Jas Bir’s career, she had held senior positions at Bank Negara Malaysia, Securities Commission Malaysia and Value Partners Hong Kong, an asset management company listed on the Hong Kong Stock Exchange. She is currently on the panel of mediators for Securities Industry Dispute Resolution Centre (SIDREC). She currently sits on the boards of Pacific Trustees Berhad and Federation of Investment Managers Malaysia (FIMM).

En Izad Shahadi Mohd Sallehuddin
Ms Goh Wee Peng

Designated Fund Manager

Kevin Wong Weng Tuck, the Principal Officer and CIO of AIFM, is the designated fund manager for all Islamic funds under AIFM’s management.

Please refer to his credentials above for more information.

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