MAYBAN Unit Trust Bhd (MUTB) has revised its fund size forecast upward to at least RM2.5bil by June 30 next year, from RM2.2bil announced earlier, based on optimism of better sales in the wake of an improving KLSE performance.
Its chief executive officer Ismail Mohd Yusof said the revision was made after taking into account the overwhelming response to its latest close-ended unit trust fund, Mayban First Capital Guarantee Trust Fund, which saw 80% of its RM150mil fund snapped up after it was launched on Tuesday.
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