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Showing posts with the label CIMB-Principal

New Fund: CIMB-Principal Enhanced Opportunity Bond Fund

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They say that the only constant in life is 'change'. Well, not always. Hopefully, with this new fund, you will find comfort in its stability. Furthermore, it aims to provide more returns than the current Fixed Deposit rate, and is more stable than equities. Riding on the growth of the Asian countries, investors have the opportunity to diversity their portfolio and increase the returns. This fund is only available until 4 April 2013 ! What is CIMB-Principal Enhanced Opportunity Bond Fund? It is a close-ended fund that aims to provide investors with total return through investments in a portfolio of debt securities primarily in bonds. The fund seeks to achieve its overall objective by providing total returns consisting of a combination of interest income and capital appreciation .  Investment Strategy Under general market conditions, between 70% to 99% (both inclusive) of the Fund’s net asset value (“NAV”) will be invested in non-ringgit debt securities primarily in bonds (i...

New Fund: CIMB Islamic Al-Azzam Equity Fund

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Launched on the same day with AmMutual new fund, the CIMB Islamic Al-Azzam Equity Fund is an open-ended fund that aims to achieve consistent capital growth over the medium to  long term. The asset allocation strategy for this Fund is as follows:  between 70% to 98% (both inclusive) of the Fund’s NAV will be invested in Shariah-compliant Malaysian equities; and  up to 30% of the Fund’s NAV in other Shariah-compliant investments and Shariah-compliant liquid assets, with at least 2% of the Fund’s NAV to be maintained in Shariah-compliant liquid assets. For this Fund, the investment into Sukuk must satisfy a minimum credit rating of “A3” or “P2” by RAM or equivalent rating by MARC; “BBB” by S&P or equivalent rating by Moody’s or Fitch. In line with its objective, the investment  strategy and policy of the Fund is to rebalance the portfolio to suit market conditions in order to reduce short-term volatility and provide consistency in capital gro...

CIMB-Principle Strategic Income Bond Fund 2

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What is CIMB-Principal Strategic Income Bond Fund 2? Take advantage of the world’s interest in Asia with an investment that aims to provide regular income with potentially higher returns (as compared to Fixed Deposit)! Persistent low interest rates in US and Europe have driven demand for Asian bonds. In addition, credit conditions are improving and may lead to potential rating upgrades in the next few years (Fitch Ratings, ADB, Bloomberg, January 2012). This sustained demand means there will be strong support for Asian bond prices in the future. The CIMB-Principal Strategic Income Bond Fund 2 portfolio will comprise both investment grade securities and high yield securities. The Fund may also invest into foreign bonds which are more aggressive in nature for potential higher returns. This enables you to benefit in Asia’s high growth prospects via a more stable asset class as compared to equities. Investment Strat...

New Fund: CIMB-Principle Asia Pacific Dynamic Income Fund

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On 25th April 2011, CIMB-Principle Asset Management Berhad launched the first Asia-Pacific fund for this year. The fund will invest in dividend-yielding stocks from the Asia Pacific (ex-Japan) region. To brings out the "dynamism" of the fund, a " color-changing dragon " was used. For sure, the company must has placed a lot of hard work to come out with the idea and I think it is a successful example which could attracts the attention of prospective investors. "Investors are generally back to being bullish. After 2 very good years, valuations have recovered and Asia Pacific ex-Japan markets are up. Looking ahead, slower economic recovery of the developed markets will shift investors' appetite to Asia Pacific and this positive outlook will spur further stable investments. We are confident that markets will perform positively and this Fund will satisfy investors' revived sentiments and lingering concerns", said CEO of CIMB-Principal.  Investment objec...

New Fund: CIMB-Principal Strategic Income Bond Fund

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Post-financial crisis, bonds remain the preferred asset class for more conservative investors because it is less volatile than equities . Asia, for example, remains a sound investment destination with rapid urbanization as a younger and higher population growth will necessitate greater infrastructure spending in the coming years. To provides the golden opportunity, CIMB-Principal Asset Management Bhd has launched a new fund, that allows investors to capitalise on Asia, Australia, New Zealand and Middle East 's improving credit conditions given the high potential of more rating upgrades. "The demand for high-quality bonds in these targeted countries continues to remain high given the low interest rates outlook in the US and Europe, and this should support bond prices for the next few years. In addition, the slower economic recovery of these developed markets is shifting investment appetite to Asia. Combined with the likelihood of bond rating upgrades , this will mean potentia...

New Fund: CIMB-Principal Australian Equity Fund

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"Add stability to your portfolio, Invest in the strengths of Australia" This is the tagline for the new fund, which is aiming to outperform the S&P/ASX 200 Accumulation Index over the medium to long-term, by feeding into Schroder Australian Equity Fund (an Australian-domiciled fund). The fund will invest at least 95% of net asset value (NAV) in Schroder Australian Equity Fund, emphasising on investment in companies with sustainable competitive advantage in the long term, with a targeted annual return of 10-15%. According to its CEO Campbell Tupling, the Australian market presented exciting opportunities as it was the only major economy that had avoided a technical recession in 2009. Key selling points: Australia's positive economic outlook, with strong AUD currency. Continue strong demand for its resources, especially from China. Sound governance and effective financial policies. Minimum invesment : RM 1,000 Minimum top-up      : RM   200...