ABF Malaysia Bond Index Fund (the Fund) is a fixed-income, exchange-traded fund (ETF) that seeks, which correspond closely to the performance of the iBoxx ABF Malaysia Index (the Index). The Index is a basket index that expresses relative changes in value compared to the beginning of the respective period. The Index is a combination of Government, sovereign and sub-sovereign debt securities subject to per-determined credit rating requirements. The Fund was set up with the objective for investors who seek an index-based approach to investing in a portfolio of Ringgit Malaysia denominated Government and quasi-Government debt securities. As of December 31, 2008, the Fund?s portfolio included Malaysian Government securities (88.3%), quasi-government bonds (10.7%), and cash and others (1%). The Fund?s investment manager is AmInvestment Management Sdn Bhd.
More from Reuters »