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.