Malaysia-based Affin Hwang Asset Management has unveiled two new investment solutions namely the Affin Hwang Select Asia Pacific Balanced Fund (SAPBF) and Affin Hwang Select Asia Pacific Dividend Fund (SAPDF).

SAPBF will invest 40-60% of the Net Asset Value (NAV) in equities and 40-60% in fixed income instruments. It seeks to provide growth through a diversified portfolio, reported BERNAMA.

Additionally, SAPDF will invest in dividend yielding equities and those equities that could in the medium term (within three years or less) start paying high dividends or substantially increase the existing dividend payout.

Over a three-year rolling period, SAPBF and SAPDF will target an annualized return of 8-10% per annum and 10- 12% per annum respectively.

Chan Ai Mei, chief marketing officer of Affin, said: "Investors are still seeking returns on their investments and are on the lookout for solutions that can capture the opportunities in the Asia Pacific region that can pay dividends regularly and consistently.

"Southeast Asian countries such as Indonesia and the Philippines benefit from the demographic dividend which would drive domestic consumption and financial intermediation, while India, Indonesia and Malaysia are undergoing reforms," she added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.