TA Investment launches utilities fund


  • Business
  • Wednesday, 15 Aug 2007

KUALA LUMPUR: TA Investment Management Bhd (TAIM) today launched TA ABN AMRO Utilities Fund (TAUF), which is Malaysia's first unit trust fund that invests globally in the utilities sector. 

Chief executive officer Simon Chow said TAUF will be feeding into ABN Amro Funds - Utilities Fund A, which is a fund that has generated an average annual return of 20.5% as of July 31 for the three years it was launched since July 2004. 

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