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

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Pengerang Energy Complex secures US$3.5bil project financing from global export credit agencies
Advancecon bags RM44.6mil construction contract from Sime Darby Property
Gamuda wins RM1.87bil contract for Goulburn River Solar Farm in Australia
FBM KLCI slides at midday as market sentiment remains cautious
Indonesia's November exports up 9.1% y/y, more than expected
Sime Darby Property retains AA+IS rating for RM4.5bil sukuk for fourth year
China's factory output up, but consumption still a drag
Malaysia’s capital market hits RM4 trillion milestone, driven by strong domestic growth and IPO surge
TopVision makes ACE Market debut with 18% premium
China November industrial output rises 5.4%, above expectations

Others Also Read