Affin Hwang AM’s two smart beta ETFs listed on Bursa

TheStar Wed, Jul 15, 2020 10:52am - 3 years View Original


Affin Hwang AM managing director Teng Chee Wai said the new ETF solution was for investors to grow their wealth.

KUALA LUPUR: Affin Hwang Asset Management Bhd’s smart beta exchange traded funds (ETF) were listed on the Main Market of Bursa Securities on Wednesday.

It said on Wednesday the TradePlus MSCI Asia ex Japan REITs Tracker and the TradePlus DWA Malaysia Momentum Tracker seek to combine the best of both active and passive strategies by investing in companies based on a series of objective factors.

Affin Hwang AM explained Smart beta ETFs apply a series of objective factors when selecting its component companies. These component companies are then ranked and weighted according to specific factors such as earnings growth, price momentum or dividend yield.

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