Another new fund in the market, the BRIC (short for Brazil, Russia, India and China) Fund.
OSK-UOB new fund expected to generate 10% return annually…
OSK-UOB Unit Trust Management Bhd expects it new Capital Guarantee BRIC Fund to generate a return of 10% annually, said chief executive officer Ho Seng Yee.
He said the fund – opened for sale today until Oct 18 – was the fifth introduced by OSK-UOB this year.
??e are the first in Malaysia to introduce the BRIC fund that gives investors exposure to equity markets in Brazil, Russia, India and China,?? he told a media briefing yesterday.
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