KUALA LUMPUR, 15 April 2020 – BIMB Investment Management Berhad (BIMB Investment), a wholly owned subsidiary of Bank Islam Malaysia Berhad, today announced the launch of BEST Invest online investment mobile application (BEST Invest app), its first Robo-Intelligence Sustainable Shariah-ESG investing online platform.
The BEST Invest app provides convenience and efficiency for individuals to build wealth. BEST Invest app offers a systematic, transparent and structured construction and building of wealth for individuals through investing in robo-intelligence and big data technology platform.
BEST Invest offers a suite of BIMB Investment’s Shariah-ESG unit trust funds across asset classes that includes global equities, Asia Pacific equities, Malaysia equities, Sukuk and money market.
Based on investors’ financial goals and risk tolerance, BEST Invest assists investors digitally to construct an optimal investment portfolio driven by data and analytics.
The BEST Invest app offers an investor the opportunity to start investing either by selecting the ‘’Do it for Me’’ or the “Do it Myself” functions in the app.
To illustrate, “Do it for Me” function enables the Robo-Intelligence system to identify and select the best investment methods, suitable funds and the investment amount based on the investor’s risk profile. Investors would not have to worry about their investments as they can focus on achieving their investment goals.
Alternatively, the ‘’Do it Myself’’ function enables investors to make their own decisions and selfinvest without the assistance of the Robo-Intelligence system for a more customised experience.
In view of the COVID-19 outbreak, global stock markets have gone through a downturn and offering attractive values. Najmuddin Mohd Lutfi, BIMB Investment Chief Executive Officer added that the periods of volatility can be a good time to invest but it’s also important to gauge your risk tolerance.
Ultimately one should make sure that they have three to six months income saved for a rainy day because any money you invest in the market should be locked away for medium to long-term investment goals. Using the BEST Invest app, investors are able to invest gradually across regional and global markets.
To download the BEST Invest app, please visit Apple AppStore or GooglePlay Store or visit their website.
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