i-VCAP’s ETF could triple in three, four years

KUALA LUMPUR: i-VCAP Management Sdn Bhd’s newly-listed Islamic Agribusiness exchange traded fund (ETF) could potentially double or triple in the next three to four years.

“The fund is expected to benefit from the resilience of the global agribusiness market catering to the growing world population, scarcity of agricultural land and increasing spending power among developing countries in Asia Pacific,” the fund manager’s chief executive officer and director Mahdzir Othman said at a press conference after its listing.