|
|
Article: Affin expects new fund to yield minimum 10pc return
- Article from:
- New Straits Times
- Article date:
- July 23, 2009
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
New Straits Times
07-23-2009
Affin expects new fund to yield minimum 10pc return
Edition: Main/Lifestyle
Section: Business Times
Type: Company
AFFIN Fund Management Bhd expects its RM200 million Affin Select Growth Fund (ASGF) to generate at least 10 per cent return after a year.
The 800 million unit ASGF is priced at 25 sen per unit. A minimum initial investment of RM200 is required and investors can add on at least RM100 worth of units, should they wish to invest more.
"ASGF is an equity fund with a difference, offering investors dual bonus of consistent income and long term growth. We hope to reap at least 10 per cent return," said Affin Fund Management chief executive officer Mohamad ...
Related newspaper, magazine, and journal articles:
|
|
Article: G.A. Blue clarifies, BUSINESS TIMES
Business Times (Malaysia);
March 1, 2004 ;
408 words
... ... narrowed its pre-tax loss to RM4.5 million, from RM7 million in 2002, due to higher brokerage income. The Affin Fund Management group posted a pre-tax profit of RM600,000 compared to RM2.1 million in the same period last year due to ...
|
|