AmFunds winds up Islamic fund

MALAYSIA: AmFunds Management has terminated and wound up its AmASEAN Equity Fund “considering the analysis on the total expense ratio against the fund’s size and following consultation with the trustee of the fund” it said in a note to its investors. Launched on the 6th June 2011, the Islamic equity fund recorded an AuM of RM220,000 (US$55,451.29) as at the 27th February 2026. 

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