OSK-UOB Unit Trust launches New Asian Real Estate Fund

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by KCLau

in Make Money Tips

Some quick facts:

  • OSK-UOB Unit Trust Management Bhd expects it to record an annualised return of 12-15% over the next 3-5 years
  • will invest in Asian real estate securities & listed REITs ( Real Estate Investment Trusts)
  • Invest in China, Hong Kong, Malaysia and Singapore
  • The fund will allocate 30% for REITs and 70% for property stocks
  • Maybank is the exclusive distributor of the fund
  • UOB Asset Management Ltd (Singapore) is appointed as external investment manager. 
  • approved size of 800 million units, 50 sen per unit during its initial offer period ending Sept 11. The initial minimum investment amount is RM1,000. 
  • OSK-UOB Unit Trust planned to launch two or three more funds this year.
  • OSK-UOB currently manages 28 funds.

You can download the prospectus here.

{ 2 comments… read them below or add one }

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