RHB Investment Management Sdn Bhd (RHBIM) officially launched the RHB China Averaging Capital Protected Fund (RCACPF) recently,the first capital protected fund in the country that applies the principle of Dollar Cost Averaging while investing in the potential recovery of the China market.Aside from Dollar Cost Averaging,China is also chosen as the theme for the RCACPF due to its strength in withstanding the global financial crisis.
The combination of Dollar Cost Averaging with 100% capital protection in Ringgit Malaysia(If held until maturity) on the investment will appeal to investors during this volatile period because it lessens their worry about investing at the right or wrong time,"said Ms Sharifatul Hanizah Said Ali,Managing Director of RHBIM.
RCACPF is linked to the performance of the Stabiliser China Index,which is subjected to a dynamic risk adjustment linked to the realised volatility of the underlying index,the Hang Seng China Enterprise Index (HSCEI).The Stabiliser China Index comprises H-Shares listed on the Hong Kong Stock Exchange where they are included in the Hang Seng Mainland Composite Index.These H-Shares' companies generate at least 50% of their revenues from Mainland China and represent a diverse range of industries and sectors.
A 3-year closed-end structured fund,RCACPF will be investing up to 10% in Options and at least 85% in Zero Coupon Negotiable Instruments of Deposits to provide capital protection.The Fund is open for subsription from 2 March 2009 and will be available for purchase until end of the month,31 March 2009.Its main distributor is RHB Bank.
The combination of Dollar Cost Averaging with 100% capital protection in Ringgit Malaysia(If held until maturity) on the investment will appeal to investors during this volatile period because it lessens their worry about investing at the right or wrong time,"said Ms Sharifatul Hanizah Said Ali,Managing Director of RHBIM.
RCACPF is linked to the performance of the Stabiliser China Index,which is subjected to a dynamic risk adjustment linked to the realised volatility of the underlying index,the Hang Seng China Enterprise Index (HSCEI).The Stabiliser China Index comprises H-Shares listed on the Hong Kong Stock Exchange where they are included in the Hang Seng Mainland Composite Index.These H-Shares' companies generate at least 50% of their revenues from Mainland China and represent a diverse range of industries and sectors.
A 3-year closed-end structured fund,RCACPF will be investing up to 10% in Options and at least 85% in Zero Coupon Negotiable Instruments of Deposits to provide capital protection.The Fund is open for subsription from 2 March 2009 and will be available for purchase until end of the month,31 March 2009.Its main distributor is RHB Bank.
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