Eastspring Investments launches target income fund


  • Business
  • Wednesday, 16 Apr 2014

KUALA LUMPUR: Eastspring Investments Bhd has launched a new bond fund, the Eastspring Investments Target Income Fund 3, to provide a semi-annual regular income stream with a potential bonus coupon payment upon maturity. 

"Whilst the equities markets has improved compared to previous years, we find that Malaysian investors still seek regular income at yields which are potentially higher than fixed deposits," said Chief Executive Officer Lynn Cheah in a statement on Wednesday.

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