In its initiative to take a defensive approach due to the current stock market uncertainties, RHB Investment Management Sendirian Berhad (RHBIM) has launched the RHB Global Financials Capital Protected Fund (RGFCPF) recently.
The RGFCPF is aimed to provide investors the opportunity to ride on the recovery of the global financial sectors with the added assurance of protection for their investment capital. It is claimed that, RGFCPF is a low risk fund, invests at least 85% of its capital raised in Zero-coupon Negotiable Instruments of Deposit (ZNIDs) to provide capital protection when held to maturity, with the remainder invested in over-the-counter options to provide potential income to the Fund.
Meanwhile, Puan Sharifatul Hanizah Said Ali, the Managing Director of RHBIM said, " One of the key features of RGFCPF is that it offers wider diversification by investing in 9 stocks from 3 segments of financial baskets from Europe and USA, percentage of weight allocation on the final payout is based on the performance of the baskets".
This Fund is suitable for investors with a short term investment time frame of 2 years, who seek capital protection and interested to participate in the rebound of the global financial sectors.
A closed-end fund, RGFCPF is open for subscription from July 28 to August 26, which is also the Initial Offer Plan (IOP) at RM1.00 per unit. With an approved fund size of 200 million units, the minimum investment amount is RM5,000 and the additional investment is RM1,000 or its multiples. Additional investments can only be made during the IOP, and no penalty charge if the investment is held to maturity.
For more information, please call RHBIM at toll free 1-800-88-3656 or visit RHB Banking Group website at www.rhb.com.my
or www.rhbim.com.my
