BusinessTimes
CMS Trust Management Bhd, the unit trust arm of Cahya Mata Sarawak Bhd, has teamed up with OCBC Bank to launch its first structured fund.
Dubbed the Financial Recovery Structured Fund, it will increase CMS Trust's fund capacity to four billion units from the 3.8 billion units, which equates to a potential increase of RM200 million worth of new assets under its management.
It is a three-and-a-half-year close-ended unit trust fund that invests mainly in structured products.
Investors are assured of 100 per cent capital preservation upon maturity as well as potential additional returns of quarterly coupon payouts of up to eight per cent per annum. This is done through investments in a basket of up to six global financial stocks.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
Showing posts with label OCBC. Show all posts
Showing posts with label OCBC. Show all posts
Wednesday, September 10, 2008
Friday, February 15, 2008
OCBC Bank launches agribusiness fund
TheStar
KUALA LUMPUR: OCBC Bank (M) Bhd is offering a new agribusiness fund that allows investors to take a short- to mid-term view on the agribusiness sector against the US real estate sector.
The Agri-Property Outperformance FRNID (floating rate negotiable instrument of deposit) could potentially earn up to 8% a year while enjoying 100% principal protection if the investment were held to maturity, said OCBC Bank in a statement.
The new FRNID, available until Feb 26, measures the performance of six international agribusiness stocks against the iShares Dow Jones US Real Estate Index Fund.
It named the six stocks as ArcherDanielMidland Co, Bunge Ltd, Monsanto Co, Agrium Inc, Degree & Co and Nestle SA.
For a minimum deposit of RM100,000, an individual may take up the FRNID and the maximum amount per NID certificate is RM10mil. – Bernama
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
KUALA LUMPUR: OCBC Bank (M) Bhd is offering a new agribusiness fund that allows investors to take a short- to mid-term view on the agribusiness sector against the US real estate sector.
The Agri-Property Outperformance FRNID (floating rate negotiable instrument of deposit) could potentially earn up to 8% a year while enjoying 100% principal protection if the investment were held to maturity, said OCBC Bank in a statement.
The new FRNID, available until Feb 26, measures the performance of six international agribusiness stocks against the iShares Dow Jones US Real Estate Index Fund.
It named the six stocks as ArcherDanielMidland Co, Bunge Ltd, Monsanto Co, Agrium Inc, Degree & Co and Nestle SA.
For a minimum deposit of RM100,000, an individual may take up the FRNID and the maximum amount per NID certificate is RM10mil. – Bernama
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
Subscribe to:
Posts (Atom)