More Options 更多选择

Leveraging innovative but simple financial tools to achieve financial freedom in Malaysia 在马来西亚利用创新但简单的财务工具来达到财务自由

[moreoptions]

如何投资你第一个在马来西亚的美股ETF?

我觉得唯一可以买的马来西亚 ETF 是 METFUS50 (0827EA), 就是投资50家美国公司的股票，回报率平均每年 8.88%。年管费也大概0.66%。

先研究道琼斯美国泰坦50（METFUS50 / 0827EA）。

开马股交易账户

储蓄一些多余的钱，至少RM 5000 吧，越多越好。

存到多余的 RM 5000+ 了，转入交易账户。

去买 METFUS50 / 0827EA。

提出剩下的钱回去高利率银行户口。

恭喜你！你开始了你存美股ETF美妙的旅程。

[moreoptions]

Valuecap退出资产管理业务

（吉隆坡19日讯）国库控股（Khazanah Nasional Bhd）、公务员退休基金局（KWAP）和国民投资机构（PNB）共同持有的投资控股公司Valuecap私人有限公司，寻求退出资产管理业务。

Valuecap今日发布文告指出，正在为旗下两家全资持牌资产管理子公司，VCAP Asset Managers私人有限公司（VCAM）和i-VCAP Management私人有限公司（i-VCAP）探讨各种策略方案，包括脱售和清盘。

这意味着资产管理公司在成立16年后将停止营运。

VCAM和i-VCAP目前都管理批发基金，而i-VCAP也管理交易型指数基金（ETF）。

Valuecap表示：“两家公司都提议终止各自的批发基金，而i-VCAP正在研究与ETF管理相关的各种方案，包括将ETF转让给另一家获得执照的基金管理公司的可能性。”

该集团还说，有关VCAM和i-VCAP以及所管理基金的任何决定，都将受到必要的监管批准。

“在此期间，VCAM和i-VCAP将随时向客户和单位持有人通报此事的进展。”

“本集团亦会与有关当局密切合作，以确保有关活动按适当程序进行，并符合所有监管规定。在与利益相关者协商后，我们将适时提供最新消息。”

Valuecap成立于2002年10月。在2003年开始运作后，Valuecap开始管理由股东委托的自营投资，即自有资金投资。

Valuecap最初从股东获得51亿令吉的资金，该基金自成立以来10年的平均年回酬率超过11%，其中股票部分的回酬率一直高于基准回酬率。

Valuecap管理的资产在2010年达172亿令吉的峰值。

2015年，股东又向Valuecap注入200亿令吉。根据彭博社，Valuecap的股票投资组合达7亿6000万美元。

TheEdgeMarket: Valuecap退出资产管理业务

STATE-OWNED investment vehicle, ValueCap Sdn Bhd, will cease its operations entirely by September 2020, after 17 years in business.

A source close to the matter said the investment firm — jointly owned by Khazanah Nasional Bhd, Retirement Fund Inc (KWAP) and Permodalan Nasional Bhd (PNB) — will undertake a mutual separation scheme (MSS) thrice next year, before ceasing operations by Sept 30, 2020.

“There are three different dates, first one being Jan 31, followed by April 30 and June 30, and this is considered the second round of MSS after last year,” the source told The Malaysian Reserve (TMR).

The source, who spoke under condition of anonymity, said some of the 50 staff that ValueCap has may be absorbed into its shareholding companies.

Last week, ValueCap announced it was in the process of exploring various strategic options for its two wholly-owned licensed asset management subsidiaries, VCAP Asset Managers Sdn Bhd and i-VCAP Management Sdn Bhd (i-VCAP), including divesting or winding up the companies.

The investment firm said both companies are proposing to terminate their respective wholesale funds, while i-VCAP is exploring various options in relation to the management of the exchange-traded funds (ETFs), including the possibility of transferring the ETFs to another licensed fund management company.

The decision to cease its operations, the source said, came from ValueCap’s shareholders.

Valucap’s average performance over the last five years has been healthy, posting good returns despite a poor last two years for the Malaysian equity market.

“While its fixed income performances have been ahead of the market, its equity performance is less than good,” the source said.

ValueCap’s investments, the source said, will be taken over by ValueCap’s shareholders and investors.

The source added that the RM20 billion capital injection four years ago by its shareholders has not been fully utilised. The amount utilised, however, was undisclosed.

“The balance will be given back to the shareholders. The money came mainly from Khazanah, PNB and KWAP,” the source added.

In 2015, former Prime Minister Datuk Seri Mohd Najib Razak announced an injection of RM20 billion into the investment firm to take advantage of the stock market corrections and enter the market without causing any disruption or volatility.

This was part of the government’s proactive measures to support the stock market and economy.

The first tranche was a fresh capital injection of up to RM8 billion, reported to be shared equally between the three shareholders. Of the total RM20 billion, each shareholder was to contribute 33.33%.

The source also noted the funds invested since ValueCap’s inception stood at RM18 billion with a return on investment of 6% on average annually over the last five years.

i-VCAP, incorporated on Oct 25, 2007, has a Capital Markets Services Licence issued by the Securities Commission Malaysia under the Capital Markets and Services Act 2007. Its principal business activity is the provision of Shariah-compliant investment management services.

VCAP specialises in sustainability-themed asset management based on Environmental, Social, and Governance factors.

According to Bloomberg, ValueCap has total equity investments worth US$760.4 million (RM3.2 billion) in 33 Bursa Malaysia-listed companies.

By sector, its largest exposure at present is in the financial (66.9%) and consumer staple (14.8%) sectors.

ValueCap’s largest investment is in Malayan Banking Bhd with 79.46 million shares or 0.71% interest valued at RM685.77 million.

ValueCap also has a 0.94% stake in CIMB Group Holdings Bhd valued at RM494.75 million and 2.06% in KLCCP Stapled Group valued at RM298.34 million.

ValueCap’s smallest investment is in Mitrajaya Holdings Bhd with a 1.01% stake worth RM2.73 million at market value.

It also owns 50 million shares in Sime Darby Plantation Bhd, now worth about RM273 million, 69 million shares in Telekom Malaysia Bhd worth some RM266.4 million and one million shares in Nestlé (M) Bhd valued at RM149.6 million.

TheMalaysianReserve: ValueCap to cease operations by end-September 2020

[moreoptions]

i-VCAP美国回酬10.31%

（吉隆坡8日讯）i-VCAP管理私人有限公司（简称i-VCAP）旗下的交易型指数基金（ETF）——MyETF Dow Jones U.S. Titans50（简称MyETF-US50），截至7月杪取得10.31%总回酬率。

根据日前的文告，自从今年2月杪上市以来，该基金分别取得6.47%资本增值率和3.84%汇率收益率，总回酬共10.31%。

i-VCAP总执行长凯利沙林表示，在美国市场出现增长放缓，及市场对贸易保护政策保持谨慎的情况下，MyETF-US50仍能取得强劲表现，公司因而感到骄傲。

他说：“若投资者在基金初创时买入，现在回酬已超过10%。”

他补充说：“该基金的基准指数，即道琼斯回教市场U.S. Titans 50指数，在2月20日至6月30日期间的表现，已超越其它被认为是美国市场健康指标的指数，包括标普500指数、标普100指数及道琼斯指数。”

此外，道琼斯回教市场（亚太除日本）总回酬指数（DJIP2T）、MSCI东南亚总回酬指数（M1SO）、富时隆综指Hijrah Shariah及富时隆综指，在首半年均陷入负回酬。相比之下，MyETF-US50的6.47%回酬更为亮眼。

作为大马首个美元指数基金，MyETF-US50主要追踪美国50大回教股。

最后，凯利沙林也鼓励投资者，将ETF视为多元化投资的管道，因为ETF有潜力给出强劲的回酬。

e南洋: i-VCAP美国回酬10.31%

KUALA LUMPUR (Aug 2): i-VCAP Management Sdn Bhd said its exchange traded fund (ETF), MyETF Dow Jones U.S. Titans 50, has achieved a total return of 10.31% as at July 30 since listing early this year.

The fund’s performance is attributable to both price returns of 6.47% and currency gains of 3.84% over the period, i-VCAP said in a filing with Bursa Malaysia.

“MyETF-US50 was able to deliver strong performance against a backdrop of slowing growth in the US market and concerns over protectionist policies.

“If an investor had subscribed to the fund since its inception, they would have seen their total return hit double digits at more than 10% by now,” said i-VCAP CEO Khairi Shahrin Arief Baki.

Khairi said the fund’s benchmark Index, the Dow Jones Islamic Market U.S. Titans 50 Index, outperformed various indices which may be considered barometers of US market health from Feb 20 to June 30. These include the S&P 500, S&P 100, and Dow Jones Industrial Average.

i-VCAP said MyETF-US50 also outperformed certain domestic and regional indices in the first half of 2018.

“The Dow Jones Islamic Market Asia/Pacific ex-Japan Total Return, MSCI South East Asia Net Total Return Index USD, FTSE Bursa Malaysia Hijrah Shariah, and FTSE Bursa Malaysia KLCI indices all saw negative returns from January to 26h July 2018, while the MyETF-US50 in contrast delivered a price return of 6.47% over the same period,” it said.

MyETF-US50 was listed on Feb 28, marking a first for Malaysia as the country’s first US dollar-denominated security to be listed on Bursa Malaysia, entirely tradeable in US dollars on the local bourse. The fund comprises the 50 largest syariah-compliant companies listed in the US.

TheEdgeMarket: MyETF-US50 achieves 10% total return since listing

[moreoptions]

首个美元计价ETF登陆马交所

（吉隆坡28日讯）由i-VCAP Management私人有限公司发行，首个以美元计价符合回教教义的交易型指数基金（ETF）MyETF-US50，今日于大马交易所上市。

开盘价为1.015美元，略高于每单位1美元的发售价。休市时，挂1.005美元，总交易量为11万7700。

MyETF Dow Jones US Titans 50，或简称为MyETF-US50，是该公司的第五个回教ETF，也是第一个以美元计价的符合回教教义证券，在本地股市完全以美元交易。

该ETF追踪包括苹果（Apple Inc）、微软（Microsoft Corp）、Facebook Inc、强生（Johnson & Johnson）和埃克森美孚（Exxon Mobile Corp）等50家美国蓝筹公司。

i-VCAP总执行长Khairi Shahrin Arief Baki在上市仪式后，向记者表示，该公司正在加大营销力度，以提高投资者对ETF的认知和兴趣。

“我们收到来自各方的正面回应，无论是机构还是散户，普通投资者和高净值投资者。但它对许多人来说仍是新事物，尽管已存在10年之久。”

该公司指出，首次认购期限中，仅1184万美元被认购，低于5000万美元的预期，这也是因为在首次公开发行前的一周，美国股市出现回调，令投资者转为谨慎。

i-VCAP主席Tun Haji Rosli Abdullah说：“但我们认为，国内ETF市场的增长趋势将跟随世界其他地区。大马投资于ETF的金额目前约为19亿令吉，每年增长率为4.4%。”

全球ETF总资产去年增加了36%，至4.8兆美元。

Khairi指出：“我们期待未来的智能投资顾问服务（robo-advisory）发展。这是全球ETF大幅增长的原因。因此，如果大马的智能投顾服务可在未来3至5年发展，这也将有助于ETF的交投。”

该公司计划在下半年推出3个ETF，聚焦于中国、东盟和国内市场。

i-VCAP由ValueCAP私人有限公司独资拥有，即由国库控股（Khazanah Nasional Bhd）、公务员退休基金局（KWAP）和国民投资机构（PNB）共同持有。

TheEdgeMarket: 首个美元计价ETF登陆马交所

[moreoptions]

i-VCAP新ETF将发5亿单位

（吉隆坡18日讯）i-VCAP管理私人有限公司（简称i-VCAP）旗下的MyETF Dow Jones U.S. Titans 50呈上草拟招股书，寻求挂牌大马交易所主板，最多发出5亿个单位。

根据草拟招股书，初步发售价为每单位1美元（约4.08令吉），最低认购门槛为100个单位。

MyETF Dow Jones U.S. Titans 50是个符合回教教义的交易型指数基金（ETF），主要追踪美国纽约股票交易所和那斯达克指数的50大企业的表现，主要瞄准蓝筹股。

此ETF主要是为想要投资在流动金融市场的投资者所设计，适合寻求中期至长期，或是短期投资的投资者。

另外，想要多元化区域投资的投资者，能参与此基金。

初步估计，该ETF预计在明年2月28日挂牌。

e南洋: i-VCAP新ETF将发5亿单位 

KUALA LUMPUR: i-VCAP Management Sdn Bhd, a subsidiary of ValueCap Sdn Bhd, launched its MyETF Dow Jones US Titans 50 (MyETF-US50) fund that will invest in Shariah-compliant top 50 blue chip counters in the US.

The fund is also the first US dollar denominated Islamic ETF to be listed on Bursa Malaysia.

"In Malaysia, there are currently nine ETFs, five of which are Shariah-compliant. But there has been an absence of Islamic US-centric funds that are publicly available, and that is about to change with our MyETF-US50," i-VCAP chief executive officer Khairi Shahrin Arief Baki said at the launch here today.

Khairi said the fund provides investors with immediate exposure into medium to long-term investment horizon in the companies of the Benchmark Index.

“Those looking for short term opportunities can arbitrage between the net asset value and the unit price trading prices,” he added.

Also present at the media briefing were i-VCAP chairman Rosli Abdullah and ValueCap managing director & group chief executive officer Sharifatu Laila Syed Ali.

Rosli said the MyETF-US50 will address the current investment appetite for Shariah-compliant US equities in US dollars. This new product is exempted from stamp duty.

ValueCap is owned by Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and Permodalan Nasional Bhd.

An exchange traded fund (ETF) is similar to a mutual fund except that it can be bought and sold like a share as it is traded in real time on a stock exchange.

Like a unit trust, ETFs provide exposure to a basket of securities but incur lower fees as they are passively managed.

This fund brings the number of Shariah compliant ETFs in Malaysia to six and the tenth to be listed on Bursa Malaysia.

MyETF-US50 is an open-ended fund with an approved fund size of 500 million units, it is tentatively scheduled for listing on the Bursa Securities Market on February 28, 2018. It is the fifth in i-VCAP’s MyETF series.

The subscription period for the fund ends February 9, 2018 at US$1.00 per unit with a minimum subscription size of 100 units.

The MyETF-US50 is aimed at providing investment results that correspond to the performance of the benchmark index, the Dow Jones Islamic market US Titans 50, Khairi added.

Its Benchmark Index consists of the 50 largest Shariah-compliant US. companies by float-adjusted market capitalisation. Notable blue-chip companies include Apple Inc, Microsoft Corp, Facebook Inc, Johnson & Johnson and Exxon Mobil Corp.

The MyETF-US50 would further spark awareness among Malaysian investors on ETF as an asset class.

“Investment products such as ETFs are especially appealing within the current market environment as they can provide fair net investment returns because investors are not burdened by high charges and fees,” Khairi said.

He also pointed out that ETFs provide a competitive alternative for retail and institutional investors looking to broaden their investment portfolios over the medium to long-term, as the fees are lower as compared to other collective investment schemes or funds in the local market.

[moreoptions]