Should You Invest in PNB Structured Investment Fund?
Permodalan Nasional Bhd (PNB) just launched a new Structured Investment Fund (SIF). This RM3 billion closed-end fund will invest in structured products and a property trust that owns PNB buildings.
Some people may not know who are PNB. But I am sure you have heard of Amanah Saham Nasional (ASN). PNB is currently managing RM76 billion worth of funds from 8.8 million unitholders of ASN, ASW, ASG, etc.
What's a structured investment fund?
A structured investment product is generally a pre-packaged investment strategy which is based on derivatives (ie. options etc) but which ...