Affin Hwang AM chief marketing & distribution officer Chan Ai Mei said: “The strong demand seen for the Fund is reflective of current volatile market conditions and the investor’s need for consistent income and stability."
KUALA LUMPUR: Affin Hwang Asset Management Bhd's latest wholesale close-ended fixed income fund raised more than RM100mil in the first three days of the launch and has a set a target of RM200mil at the close of the fund.
It said in a statement on Monday the Affin Hwang Flexible Maturity Income Fund 14 (FlexMIF 14) is the 14th fund in the Flexible Maturity Income Fund Series.
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