CIMB-Principal eyes RM300m in sales from new fund

(from left) Munirah Khairuddin, CEO of CIMB-Principal Asset Management and Arnold Lim, CIO (Malaysia) of CIMB-Principal Asset Management at the launch of the CIMB-Principal Global Dividend Maximiser Fund on Wednesday.

KUALA LUMPUR: CIMB-Principal Asset Management (CIMB-Principal) aims to raise RM300 million in sales from its newly-launched Global Dividend Maximiser Fund by year-end.

In a statement on Wednesday, the company said the fund provides income and potential capital growth to investors through a collective investment scheme which invests in equities or equity-related securities worldwide.