AMINVEST, a member of the AmBank group, expects to sell 100 million units of each of its three newly launched funds the AmBalanced, AmConservative and the AmDynamic Bond and raise a total of RM150mil during the six-month period to March 31.
AmInvest chief executive officer Cheah Chuan Lok said the target was achievable, citing the lower interest rate environment and the strengthening economy locally and in the United States as stimulus factors.
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