KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM (Malaysia)) has launched the SimpleInvest Solutions for individual investors to gain access to risk-adjusted, well-diversified funds to meet their varying risk appetites and financial objectives.
SimpleInvest Solutions comprises three unique, actively managed funds, namely United Simple Income Select (USIS), United Simple Growth Select (USGS) and United Money Market Fund.
“With the current backdrop of market uncertainty and interest rates remaining at low levels globally, individual investors may face the challenge of building a solid investment portfolio,” UOBAM (Malaysia) chief executive officer Lim Suet Ling said in a statement.
“With SimpleInvest Solutions, we aim to address this pain point. Designed to suit a spectrum of risk profiles, the SimpleInvest Solutions enable investors at different life stages to invest simply and smartly just by selecting the solution that matches their risk tolerance levels and investment objectives,” she added.
“Under the fund-of-funds (FOF) strategy used for the USIS and USGS, UOBAM (Malaysia) leverages our fund management expertise to select the underlying funds. We take into account insights into the volatile financial markets and analyse each underlying fund for its risk and return drivers, using our in-house screening and asset allocation capabilities.
“We will consistently monitor the underlying funds’ performance to readjust the investment process, as well as to rebalance the portfolios where necessary,” Lim said.
The USIS seeks to provide income for moderate-risk investors with a medium- to long-term investment horizon. Using a FOF strategy, the USIS invests in a diversified portfolio of collective investment schemes of fixed income, equity and multi-asset funds.
The USGS, a FOF, seeks to provide investors with high risk tolerance capital appreciation over the medium- to long-term by investing in collective investment schemes of a diversified portfolio of equity funds.
It provides exposure to both disruptive and secular growth opportunities in sectors such as automation, robotics, artificial intelligence and healthcare innovation.
The United Money Market Fund seeks to offer risk-averse investors with a short-term horizon income and liquidity by investing primarily in fixed income securities, money market instruments and deposits.
The United Money Market Fund is available at selected distributors, while the USIS and USGS are distributed by UOB Malaysia exclusively.
The funds under SimpleInvest Solutions are available for subscription in both domestic and foreign currencies with a minimum initial investment of RM1,000, A$1,000, S$1,000, and US$1,000, respectively.
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