Principal Malaysia launches new commodity fund


KUALA LUMPUR: Principal Asset Management Bhd (Principal Malaysia) has launched the Principal Commodity Fund, aimed at assisting investors in pursuing portfolio diversification through exposure to investments in global commodities, while providing medium and long-term capital appreciation.

In a statement, it said the fund invests in a single collective investment scheme, namely the Schroder Alternative Solutions Commodity Fund (target fund).

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Principal Malaysia , Fund , Commodity , Investment

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