Author Topic: Capital Guarantee BRIC Fund  (Read 1363 times)

Offline julez.lim

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Capital Guarantee BRIC Fund
« on: September 19, 2006, 04:44:28 PM »
What do you think about this fund?

"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.
“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.
Ho said the fund was aimed at seeking capital appreciation in the medium term while guaranteeing investors’ capital at the maturity date. “It will invest mainly in three-year zero-coupon negotiable instruments of deposit to secure the guaranteed value,” he added" - biz.thestar.com.my