KUALA LUMPUR, Eastspring Investments Berhad (‘Eastspring’), a Prudential plc company, today announced the launch of the Eastspring Investments Dragon Peacock MY Fund (‘the Fund’). This innovative feeder growth fund aims to provide long-term capital appreciation for investors.
The Fund will feed into the Eastspring Investments – Dragon Peacock Fund (‘Target Fund’), which is managed by Eastspring Investments (Singapore) Limited. To achieve its investment objectives, the Fund allocates a minimum of 85% of its net asset value (‘NAV’) to the Target Fund, while the remaining 15% will be invested in money market instruments, deposits, and/or cash.
Source: BERNAMA News Agency
