2021
Your Fund takes its responsibility as a corporate citizen seriously. It is committed to achieving its investment objectives through responsible corporate practices, and to improving and nurturing a more harmonious society, be it for its share owners, investors or the community at large.
Share Owner Value
By adhering to its eclectic value investing philosophy, your Fund is committed to safeguarding share owners’ long-term interest by increasing its net asset value over the long-term, within levels of risk acceptable to value investing.
Community Engagement and Responsible Investing
As a relatively small listed fund, we focus our initiatives on where our limited resources can have the greatest positive impact on the community. Therefore, we apply our corporate responsibility efforts by identifying areas where we can engage the community and encourage responsible investing.
Ever since the first Investor Day of your Fund was held in 2010, your Fund Manager and Investment Adviser have been working hard in organising all the investor days, with the objective of educating the investing public on sound investing and to increase the awareness of icapital.biz Berhad among the general public. Believing strongly in the raison d’etre of your Fund that “serious long-term investing in Bursa Securities can offer superior returns”, they were not paid any extra fees for undertaking these selfless initiatives.
Effective 2017, the Investor Day of your Fund was rebranded as the Global Investor Week of Capital Dynamics. Capital Dynamics decided to take on a greater responsibility by becoming the main organiser of the event in order to have a greater platform to reach out to more investors and have more flexibility in organising an event of such nature, which is one of the most innovative investor events in Asia.
Global Investor Week
As the Covid-19 virus continues to ravage the world including Malaysia, Capital Dynamics has again decided to postpone the 2021 Global Investor Week for the health and safety of all investors. We hope to be able to see everyone in person as soon as the situation allows. To view the video and photo gallery of the past events, visit https://giw.icapital.biz/
The 2020/2021 Budding Value Investor Award
With global participation from 87 teams comprising 178 undergraduates, 52 universities and 15 countries, the 2020/2021 Budding Value Investor Award (“the Award”) was a global investment research competition organised by Capital Dynamics and co-sponsored by icapital.biz Berhad. As a non-profit activity, the Award aimed to stoke the interest of undergraduates to learn about sound investing at an early age and educate them about its benefits. The Final of the Award was held virtually on 27th Mar 2021, with 6 teams made it to the Final. The Award was finally won by team Capital Equithree from University of the Philippines Diliman with their impressive research work.
The Designated Person to the Fund Manager of your Fund, Tan Teng Boo also presented his unique insights on New Value Investing, which was the topic of the Award.
The 16th Annual General Meeting of icapital.biz Berhad
Due to the Covid-19 pandemic, the Annual General Meeting (AGM) of icapital.biz Berhad was held virtually for the first time.
During the 16th AGM, your Fund manager reminded all shareowners on the primary investment objective of your Fund, which is long term capital appreciation of its investments. icapital.biz Berhad exists for one simple reason: to allow long-term shareowners to benefit from value investing. Investing in your Fund allows the power of compounding to work for you.
In the Special Presentation by Tan Teng Boo, the Designated Person shared his deeper research on climate change, as a follow-up to his sharing of similar insights in the 15th AGM. He shared some of the unprecedented events that have happened around the world as a result of climate change, including the Australian bush fire and the Covid-19 pandemic. Quoting the Federal Reserve, he stressed on the potential for climate change to increase the likelihood of dislocations and disruptions in the economy. Let us all do our part in saving this precious mother earth for our future generations.
With the global community still battling the COVID-19 Pandemic, your Fund and your Fund Manager will need to adapt to the new normal when conducting its corporate social responsibility (“CSR”) efforts. However, this change will not compromise the CSR efforts of your Fund.
Your Fund will continue to strive to empower and foster a positive change in the society, especially the investing public and the financial community by providing them access to quality investment knowledge. It is part of your Fund’s mission to make the community a better place by empowering people with the right attitudes, whether it relates to investing, business or life.