Avenue Unit Trust to launch three new funds in Q1


  • Business
  • Thursday, 06 Jan 2005

After registering a 20% growth over the past five consecutive years, Avenue Unit Trust Management Bhd (AvUT) is confident of better yield when it launches its three new funds in the first quarter of this year. 

“Our funds give about 15% (dividends) and we keep risks at reasonably low level and in terms of risk returns, we are at the forefront,” chief executive officer Wong Teck Meng told reporters at the Money Expo 2005 media conference in Kuala Lumpur yesterday. 

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