RHB Unit Trust to invest up to 70% of new fund in Asian equities


  • Business
  • Thursday, 14 Jul 2005

RHB Unit Trust Management Bhd plans to invest up to 70% of the net asset value of its latest fund in Asian equities, ex-Japan. 

The launch of the RM250mil RHB Diva Fund yesterday adds the company to the growing list of local unit trust firms that are starting to invest a portion of their funds in global markets after Bank Negara raised the bar on how much they can invest in foreign assets. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Middle East turmoil poses major economic risk
Codelco explores new partnerships
Bank Indonesia steps in to support weaker rupiah
US ties easing of Venezuela oil sanctions to fair elections
Cost of Lockheed F-35 jet deal lilkely to exceed US$1.5 trillion
Legalisation of casinos to be studied by various agencies
VN-Index plunges, loses US$10bil in market cap
MIDA, a vital instrument to remove obstacles for prospective investors - Tengku Zafrul
Ringgit easier against US dollar at closing
Alpha IVF remains committed to its growth strategy

Others Also Read