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.
“We 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.
You might want to read these too...
- Mutual Fund Tips: Dollar Cost Averaging
- New Fund: Prudential's Global Basics Fund
- MAAKL HDBS Flexi Fund
- MAAKL Launches 2 New Funds
- New Fund: AmMutual's AmMulti Assets- Capital Guaranteed
- PB Asean Dividend & Islamic Cash Fund
- AmSchroder European Equity Alpha to Increase Fund Size
- Home Loan Tip 2: Capital Repayment
