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ARIM Launches The AmanahRaya Mixed Asset Syariah Conservative Income Fund (ARMASCIF)

AmanahRaya Investment Management Sdn Bhd (ARIM) is pleased to announce the launch of its newest unit trust fund, the AmanahRaya Mixed Asset Syariah Conservative Income Fund (ARMASCIF). The launch event took place at the DoubleTree Hotel by Hilton, Kuala Lumpur,officiated by ARIM Chairman,Mohd Razlan Mohamed. The event was attended by more than 100 investors and business partners.

The new fund, ARMASCIF is part of the Company’s initiative to increase its fund offerings in coming years.ARIM,a licensed fund management company,predominantly invested in Malaysia’s bond market,now targets to offer a variety of investment products that cover investors with different investment objectives.

ARMASCIF aims to achieve regular income distribution and potential capital growth through a diversified portfolio of Shariah-compliant equities, sukuk, and Islamic money market instruments. Using a balanced and conservative approach, the fund suits investors looking for stable returns while adhering to Syariah investing.

Speaking at the launch,Mohamad Shafik Bin Badaruddin,Chief Executive Officer (CEO) of AmanahRaya Investment Management, commented, ‘We are excited to introduce ARMASCIF as part of our ongoing commitment to offer diverse and innovative investment solutions to our clients. This fund aligns with our mission to deliver sustainable returns through responsible and Syariah-compliant investments.We believe ARMASCIF will appeal to both conservative investors and those looking to diversify their portfolios while staying true to the Syariah investing principles.

ARMASCIF reflects ARIM’s dedication to providing high-quality,Shariah-compliant investment options,backed by a robust investment strategy and a team of experienced professionals.The fund targets to achieve RM50 million in size by end of this year.

Investors can now access ARMASCIF through ARIM’s network of licensed agents and distributors.ARIM continues to build on its legacy of delivering strong performance and excellence in the investment management industry.

About AMANAH RAYA INVESTMENT MANAGEMENT SDN BHD:

AmanahRaya Investment Management Sdn Bhd (ARIM) was established in 1995, ARIM is a wholly owned subsidiary of Amanah Raya Berhad. Licensed under the Capital Markets and Services Act 2007,ARIM offers both Shariah-compliant and conventional mandates across various asset classes, serving a diverse clientele including pension funds, insurance companies, government agencies, and high-net-worth individuals. As of 31 July 2024, ARIM’s Assets Under Management (AUM) have grown to RM8.15billion, reflecting the company’s strong track record in the industry.

For more information, please visitwww.arim.com.my.

About AMANAH RAYA BERHAD

Amanah Raya Berhad (AmanahRaya) was established on 1 May 1921 as the Department of Public Trustee and Official Administrator. Subsequently, the Department was corporatized on 29 May 1995and commenced its operation as Amanah Raya Berhad on 1 August 1995, under the Public Trust Corporation Act (PTCA 1995).

As the premier trust company, with 20 branches all over Malaysia,AmanahRaya offers a one stop Legacy Management Services encompass Will-Writing, Custodianship, Estate Administration and Trust Services.AmanahRaya,through its subsidiaries, also offers corporate Trustees,Asset Management and Real Estate Management.

For more information, please visit www.amanahraya.my.

Adib Mohd

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