The fund will invest at least 95 per cent of its net asset value in a portfolio of best-in-class companies with sustainable advantages around the world, and which have at least 50 per cent of their future earnings growth driven by 5G.
KUALA LUMPUR: Principal Asset Management Bhd today launched Principal Next-G Connectivity Fund, which will be initially distributed exclusively through Standard Chartered Bank branches nationwide.
The fund aims to help investors achieve capital appreciation through exposure in portfolio of global equity holdings, focusing on companies that are involved or derive benefit from next-generation connectivity, it said in a statement today.
