KUALA LUMPUR: PMB Investment Bhd, a wholly-owned subsidiary of Pelaburan MARA Bhd, has bagged four awards at the Thomson Reuters Lipper Global Islamic Fund Awards.
Pelaburan MARA chief executive officer Datuk Nazim Rahman said the awards are testament that funds managed by PMB Investment have performed better than others.
"The Thomson Reuters Lipper Global Islamic Fund Awards is of the highest standard globally," he said in a statement.
PMB Investment chief executive officer Najmi Mohamed said PMB Shariah Growth Fund won the Best Malaysian Equity Fund award while its Shariah Dividend Fund won the Best Malaysian Income Equity Fund award.
PMB Shariah Aggresive Fund (PMB SAF) meanwhile won the Best Malaysian Equity Fund category, he added.
PMB SGF posted 50 per cent in return on investment for a period of three years ended December 2017.
PMB SDF, on the other hand, recorded a return of 36 per cent for a period of three years and 45 per cent for a period of five years ended December 2017 while PMB SAF registered 112 per cent in return over five years period.
Last April, PMB Investment launched its first multi-currency fund, PMB Shariah Asean Stars Equity Fund (PMB SASEF).
PMB SASEF will be investing in five Asean countries, namely Malaysia, Indonesia, Thailand, Singapore and the Philippines.
PMB Investment is an Islamic Fund Management Company (IFMC), managing 15 unit trust funds, two wholesale funds and several portfolio mandates with investments in equity and sukuk asset classes.