Frequently Asked Questions

The company is located at Morgan Tower building (Koh Pich), 12floors, 14 village, Sopheak Mongkul Road, Chomkamon District, Phnom Penh.

The company has the license and is regulated by the SERC. BAMC’s fund the BAEF has appointed BAMPL as an advisor to the fund. BAMPL is licensed and regulated by the Singapore Monetary Authority of Singapore (MAS). 

BAMC was incorporated in Cambodia on 1 Nov 2022.

BAMC is licensed and regulated by the SERC, while its first fund the BAEF is also regulated and approved by the SERC for sale to the investing public. The fund’s assets are safekept by a licensed trust company Stronghold Cambodia. The BAEF is also audited annually by international audit firm Crowe (KH) Co Ltd.

Being an asset management company, BAMC provides investment-related services including managing unit trust funds, providing investment advice and offers investment-related services to help wealthy families establish family office. 

BAMC only have one office now. The head office that located on floor 12, Morgan Tower, Koh Pich.

The first unit trust fund, the BAEF is targeted at the retail investors, which refer to the general public. We target the general public because we hope to offer alternative investment options to all Cambodians, i.e., those who are able to invest at least US$ 500 into the unit trust fund.

Asset management refers to the management and overseeing the operations, of investment funds and other investment vehicles in the company.  Asset management functions are performed by qualified and experienced professionals in the asset management company. A licensed asset management company is subject to regulatory oversight by government authority.

The Securities and Exchange Regulator of Cambodia (SERC) is the authority that licenses and regulates fund management company in Cambodia. The SERC issues the fund management license and also regulates BAMC on its activities.

BAMC as the fund manager of the fund, does not hold clients’ money. Client’s subscription money goes straight into the fund’s bank account and the Trustee holds the money on behalf of the fund. BAMC needs to instruct the Trustee to move the money at the fund level to the relevant investments, in accordance to the investment objectives of the fund. As a safeguard, the Trustee cannot unilaterally move the money around, without instruction from BAMC. In a unit trust fund, both the asset management company and the trust company which are licensed and regulated by their respective regulators, act as a check and balance to each other.

The BAEF is the first publicly available unit trust fund in Cambodia. It is managed by a licensed fund manager in Cambodia, and the investment advisor in Singapore-based Banjaran Asset Management Pte Ltd, which itself is licensed by the Monetary Authority of Singapore. Apart from being professionally managed, BAMC unit trust fund investment amount starts from a low US$500. And with that amount, the investors will get exposure to a portfolio of high-quality Asian stocks.

The BAEF is a Collective Investment Scheme (CIS) investment fund where money is pooled together from different investors, in exchange for units in the fund in proportional to their investment. The fund then invests in a diversified portfolio of stocks spread across different countries and in different sectors in Asia-Pacific ex-Japan. It aims to deliver a return that corresponds with the risk of the fund. In essence, a unit trust fund is a simplified and easy way to invest your money and is managed by in the hands of professional fund managers.

Both are financial tools of choice for investors but there are differences:
Fixed Deposit
- Invest large sums of money at a predetermined rate of interest for a fixed period.
- Early withdraw will be liable to pay a penalty. (immobility)
BAEF
- Managed by professional Fund Manager The investments start from as low as US$ 500. 
- Investors can choose to invest monthly, annually, or once-off and given the freedom to change their contribution amount and the frequency as it suits them.
- These investments give the investors exposure to different sectors and markets, and with this comes portfolio diversification.

Investing in the BAEF is relatively safe as the fund manager is licensed by the SERC. A licensed trustee acts as custodian of the unit trust fund’s assets. All transactions within the fund (buying and selling of stocks are done through a MAS-licensed stockbroker in Singapore – Phillip Securities Pte Ltd).

All investments, including bank deposits and property purchases come with risks. In a unit trust fund, the risks are diversified through a number of stocks across countries and sectors. As a result, its diversified risks are considered to be lower.

The BAEF aims to deliver an expected return* of 7% to 10% per annum.

*Return is a targeted return and cannot be guaranteed by the fund manager.

Investors can make partial or full redemption anytime they wish on a daily basis. They just need to inform the fund distributor, and submit a redemption form for the purpose.

The BAEF is not a guaranteed fund. It does not compensate if the fund makes losses. In fact, all funds run by licensed fund managers are not guaranteed in term of return, or losses. But the diversified nature of a unit trust fund will naturally reduce the downside risks of investing.

Clients can subscribe to the BAEF daily, and they just need to sign and complete the subscription form with the fund distributor. 

The minimum amount starts from US$ 500 onwards.

You will get your money back on T+7 (from day 7 after you redeem the units) 

 

The fund is well diversified. The BAEF invest in different countries, sectors and industries. In addition to diversification, the professional fund management team will also use its expertise and experience to pick good quality stocks.

 We have two parties (BAMC and Trustee) to verify the NAV rate and to make sure it is accurate before posting. 

The daily NAV is computed based on the closing stock prices of the unit trust fund stock holdings at the end of business day, plus its cash holdings. Closing prices are available on the stock exchanges, and we can also obtain from the stockbrokers that we trade with. The actual computation of the NAV is done by the trustee and doubled checked by the fund manager. 

Asia is picked as our target markets for the BAEF given its favorable macro-economic factors. Asia in general has a large and young population base, many countries in Asia have joined the RCEP - expected to be the world’s largest trading bloc, many Asian companies are well run and have strong professional management, and lastly as a region, Asia has rich natural resources in both soft and hard commodities. Asia’s growth is thus expected to outpace that of EU, US and Japan. Valuation of Asian companies are also generally cheaper than those in other regions.

Investing in funds offer investors a host of benefits such as diversification, professional management, economies of scale, transparency, and liquidity. 

The gain or loss from the BAEF is reflected in the daily NAV. When the stocks in the fund rise, the daily NAV will be higher and vice-versa. The BAEF will also invest in stocks which will include those that pay regular dividends. The dividends paid to the fund will not be distributed to unitholders. Instead, the dividends will be added as cash to the fund, and can be reinvested. The accounting of the NAV will reflect the dividends paid out. In other words, investors will still benefit from the dividend payment through an uplift in the fund NAV.

The fund manager BAMC is regulated and licensed with the SERC. The BAEF is also registered for sale to the public by the SERC.

Currently in Cambodia, the two options to grow your wealth are bank deposit and property investment. BAMC offers an alternative solution, which is investing in the BAEF to grow your wealth. BAMC is the only asset management company in Cambodia that offers the BAEF, a CIS fund at the moment. A CIS fund is an efficient way to invest, is low-cost and offers a broad diversification unlike a single investment, such as bank deposit and property investment. A CIS fund invests in a diversified portfolio of listed companies. It helps to grow your wealth over time.

There are various methods to check the NAV. The daily NAV can be found in:
1. BAMC’s company website.
2. Bloomberg’s website.
3. Fund distributor branches or website.

BAMC is a licensed fund manager and regulated by the SERC. In addition, BAMC’s fund adviser is Banjaran Asset Management Pte Ltd (BAMPL), a Singapore-based asset management company and regulated by the Monetary Authority of Singapore. BAMPL has asset-under-management in excess of US$5 billion. BAMPL fund managers are highly experienced, having previously worked in global fund management and related companies. BAMPL has multi-faceted investment capabilities and it currently manages investment strategies across different asset classes including equity, fixed income and alternatives.