It does seem like investors are dying to invest overseas… Judging on what happened to the local market last year, it’s not surprising to see investors flocking off shore for “greener pastures”.
As to date, in order to fulfil the demanding investors, local mutual fund management companies have launched a variety of oversea funds which investors can start picking from.
Have you started your own oversea portfolio invasion yet?
SBB Mutual Bhd said all 400 million units of its Global Balanced Fund (GBF) were fully-subscribed on March 14, less than two months after its launch.This followed closely the success of the SBB Global Growth Fund (GGF) which was also fully subscribed in January, the company said in a statement.
The GBF is one of three funds launched under the SBB Global Fund Series with GGF and SBB Asian Equity Fund (AEF).
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