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Eastspring Investments Dana Dinamik wins best performing fund in the Edge-Lipper Awards.
20 February 2012
Eastspring Investments Dana Dinamik was accorded the best performing fund in the Mixed Asset MYR Flexible 5-Year category at the Edge-Lipper Malaysia Fund Awards 2012. This is the Fund's first award since its inception in February 2004.
Yvonne Tan, Chief Investment Officer, Equities, said "We attribute the fund's performance to our investment philosophy of employing a disciplined, valuation-driven investment style aimed at generating long-term results and also to our investment team's collective effort in stock idea generation, good stock and asset allocation call."
The Fund charted a performance of 54% over the 5- year period, beating a total of 30 peers in the Shariah and Conventional funds categories*.
"We firmly believe in investing companies based on long-term fundamentals", said Yvonne. "We look at the strength of the company's management, business franchise, brand, competitive edge, balance sheet and earnings prospects. In short, stocks that can offer us the structural growth over time regardless of the economic situation, if possible.
While we pick stocks based on strong fundamentals, the premise of this strategy is based on long-term duration. During the volatility, some stock prices fluctuated because of market sentiment, thus impairing our fund's performance in the short-term. Nonetheless, as long as the stock fundamentals are still intact, we will adopt the "buy and hold" strategy for the stocks and stay invested for the long run."
As proven over and over again, if one invests for the long run, a reasonable amount of return is attainable," she added.
About Eastspring Investments
Eastspring Investments Berhad
Incorporated in 2000 as Prudential Fund Management Berhad, Eastspring Investments Berhad offers a comprehensive range of unit trust funds and manages customized portfolio mandates for corporations and institutions, as well as government and pension funds. The company's team of almost 100 employees is responsible for 26 retail funds, and 6 wholesale funds.
Eastspring Al-Wara' Investments Berhad
Incorporated in 2009 as Prudential Al-Wara' Asset Management Berhad, Eastspring Al-Wara' Investments Berhad is responsible for managing Shariah-compliant assets on behalf of institutional investors, for both onshore and offshore institutional mandates, government and pension funds.
Contact
Media contact: Judy Yap, tel: (603) 2170 0290
Level 12, Menara Prudential ∙ 10 Jalan Sultan Ismail ∙ 50250 Kuala Lumpur ∙ Malaysia
eastspringinvestments.com.my
Eastspring Investments Berhad is an indirect subsidiary of Prudential plc, a company incorporated in the United Kingdom. Neither Eastspring Investments Berhad nor Prudential plc is affiliated with Prudential Financial Inc, a company whose principal place of business is in the United States of America.