RHB Asset Management launches Malaysia's first RHB Global Equity Premium Income Fund

KUALA LUMPUR: RHB Asset Management Sdn Bhd, a wholly-owned subsidiary of RHB Investment Bank Bhd, has launched the RHB Global Equity Premium Income Fund, a first-of-its-kind fund in Malaysia that feeds into an actively managed exchange-traded fund (ETF).

The fund presents investors with consistent income opportunities and appreciation potential with lower volatility, as it combines active equity investment with an options overlay strategy.

"The combination presents a conservative global equities exposure and aims to generate a regular and higher income stream, capturing both equity dividends and options premiums,” it said in a statement today.

The fund, a wholesale feeder fund, invests in JP Morgan Asset Management’s JPMorgan Global Equity Premium Income UCITS ETF, an actively managed outcome-oriented ETF strategy that invests in global equities. - Bernama

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