KUALA LUMPUR – Affin Hwang Asset Management Berhad (“Affin Hwang AM” or “the Company”) announced today the launch of the retail tranche of the Affin Hwang Income Focus Fund Series. Affin Hwang Income Fund 4 (“IFF4” or the “Fund”) is the fourth tranche of the series and is a 3 year close-ended fixed income fund that aims to provide income return whilst maintaining capital preservation.
To achieve its investment objective, the Fund will invest a minimum of 85% of the Fund’s net asset value (NAV) in Defensive Assets including money market instruments or deposits, and a maximum of 15% of the Fund’s NAV in Active Assets such as options or structured warrants.
Structured as a fund-linked product, the Fund grants downside risk protection to investors through its backing of defensive assets, as well as offers greater upside participation by enhancing returns through a participation rate(1) that makes reference to a global equity absolute return strategy which provides broad-based income sources derived from the performance of a globally diversified equity portfolio.
Chan Ai Mei, Chief Marketing & Distribution Officer of Affin Hwang AM said, “We see increasing demand for global investment solutions from investors keen to diversify their portfolios and reduce risk in this current market environment. This strong demand spurred our decision to launch the retail trance of the series, so that anyone is able to gain exposure through a dedicated fund-linked structure by capping downside risk and potentially enhance returns.”
“As we enter the last lap of the year, we expect the level of volatility in the marketplace to continue because it is going to be a very policy-driven environment. A diversified allocation approach will be essential in navigating the headwinds ahead as trade tensions ramp-up amidst a gradually maturing economic cycle,” Ai Mei said.
The Fund is designed for retail investors who seek capital preservation, have a low-risk tolerance and a short-term investment horizon. The Fund is available for subscription for a period of not more than 45 days from the Commencement Date of the Fund, which is on 4 October 2018. The initial offer price is RM1.00 per unit, with a minimum initial investment amount of RM1,000.
Investors are advised to read and understand the contents of the Fund’s Product Highlights Sheet and Prospectus dated 4 October 2018 before investing. Investors who are keen to learn more about the Fund can visit http://affinhwangam.com/, and invest through any of Affin Hwang AM sales offices or OCBC bank branches.
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Lee Sheung Un | firstname.lastname@example.org | +603 2117 6592