i-VCAP sees growing participation in ETF market
“At the same time, investors can engage in active stock picking to generate alpha,” said i-VCAP chief executive officer Khairi Shahrin Arief Baki(filepic) in a statement yesterday.
KUALA LUMPUR: i-VCAP Management Sdn Bhd expects increased participation and promising growth in the Malaysian exchange traded fund (ETF) market.
Two of its five Islamic or syariah-compliant ETFs, MyETF MSCI Malaysia Islamic Dividend 
(MyETF-MMID) and MyETF Dow Jones Islamic Market Malaysia Titans 25 (MyETF-DJIM25), saw significant increase in trading volume from January to April in financial year 2018 (FY18) versus the previous year.
In the first four months of FY18, MyETF-MMID saw 28.77 million units traded versus 185,900 over the corresponding period in FY17, an increase of 155 times while MyETF-DJIM25 recorded 22.91 million units, up 258 times from 88,800 units traded over the same period last year.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Stocks
Comments