CIMB-Principal Asset Management, one of MalaysiaÆs top-three investment managers as measured by assets under management, has launched its first structured fund with principal protection for investors. The Global Income Fund will provide potential regular payouts to investors over a period of three years and give them access to a diverse basket of international equities than have previously been unavailable to unit trust holders on a wide scale.
As both a unit trust and structured fund, the fund will potentially pay out an enhanced rate of return to investors, which is contingent on the performance of the basket. The approved fund size of 300 million units has been set up CIMB-Principal at an initial...
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