CEO of CIMB-Principal, Munirah Khairuddin, says the launch of the CIMB-Principal Global Multi Asset Income Fund, which seeks to offer a higher potential yield of 5% payable on a quarterly basis, is timely in the low interest rate environment of Malaysian fixed deposits.
KUALA LUMPUR: CIMB-Principal Asset Management Bhd, which launched its CIMB-Principal Global Multi Asset Income Fund on Thursday, targets to offer a potential yield of 5%.
The fund's objective is to provide income and potential capital growth to investors by investing in multiple asset classes through one collective investment scheme.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
