ING eyes 12% return from fund

KUALA LUMPUR: ING Funds Bhd is targeting 12% return from its new ING AsiaPac Capital Guaranteed Fund, a three-year maturity investment fund that combines 100% return on capital and diversification into five selected Asia-Pacific equity market indices. 

The AsiaPac Capital Guaranteed fund, launched yesterday, is the first fund in Malaysia that invests in five market indices in the Asia Pacific region, comprising South Korea’s KOSPI 200, China’s FTSE Xinhua, Japan's Nikkei 225, ASX 200 (Australia) and the MSCI Taiwan Index.