Malayan Banking Bhd (Maybank) is confident that its latest investment-linked fund launched on May 16, the RM200 million Far East Capital Guaranteed, will be fully subscribed within one month.

The fund offers small investors the opportunity to gain exposure into Hong Kong Hang Seng Index and TOPIX of Japan, said Maybank senior executive vice president and head of retail financial services Datuk Johar Che Mat.

“Similarly, the Hang Seng has a strong reputation as a well regulated and innovative market with a robust combination of established indigenous as well as global companies and top Chinese companies,” said Johar.

He said the fund would invest in both the equities markets for capital gains with some apportioned for fixed income instruments to enable the fund to achieve higher potential returns.

Speaking at its launch on May 16, Johar said the fund was unique with its minimum investment requirement of only RM15,000, which was within reach of most Malaysians.

The FECG is open to investors aged between 18 and 70, as well as corporations and is available on a “first come first served” basis at all Maybank branches nationwide.

“We have provided attractive features such as security in the form of a 100% capital guarantee upon the three-year maturity period as well as insurance protection of up to 125% of the single premium,” said Johar.

At the launch yesterday, Johar also announced that Maybank would distribute the first quarterly payout for its Property Plus Guarantee fund that focuses on key regional property stocks in Asia Pacific.

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