The OSK-UOB Global Capital Fund (GLOCAP) is a feeder fund that will invest principally in one of the funds managed by UOB Asset Management Limited (UOBAM), Singapore that is the United Global Capital Fund (UGCF). UGCF launched in June 1996 is a collective investment scheme domiciled in Singapore which invests in securities issued by banks, finance companies, insurers and other corporations which carry on the business of financial services or which derive their revenues from subsidiaries carrying on the business of banking and/or financial services.
GLOCAP is suitable for investors who seek investment opportunities in the global financial services sector; wish to invest in an established foreign fund managed by a renowned fund manager; and are willing to accept a higher risk in their investments to obtain potentially higher returns in the long term (at least 5-7 years).
Minimum initial investment: MYR 1000.00
Min. additional investment: MYR 100.00
Offer Period: 11 June 2008 to 1 July 2008.
Offer unit NAV: MYR 0.25
Sales charge: Up to 5.5% of NAV
Type: Growth fund
Investment option: Lump sump or saving
BERNAMA Business/Finance
Thursday, June 19, 2008
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