AmInvestment Launched Property Fund To Invest In Properties &REIT

My articles reporting on the various REIT,interestingly,AmInvestment Group Bhd has newly-launched a fund called AmAsia-Pacific Property Equities (APPE) which invest only in properties and REIT
Further details (The Star 28/7/06) as follows:
AmInvestment Services Bhd chief executive officer Cheah Chuan Loke
APPE,which would invest in the Henderson Horizon Asia-Pacific Property Equities Fund,was suitable for investors seeking exposure to Asia-Pacific property companies and real estate investment trusts (REIT) as part of their balanced portfolio;

• “The APPE would be participating in investment opportunities in emerging and mature property markets across the Asia-Pacific region,and the fund investment strategy is a return approach that combines dividend income with capital growth;
• Henderson has a long established independent global asset management since 1934 with US$116bil of assets under its management. We encourage investors to trust these fund management experts instead of trying to take matters into their own hands;
• APPE was starting with a fund size of 150 million units at RM1 each,with a minimum investment of RM1,000;
• The fund will be sold via several channels,including AmBank’s branches and agents,as well as approved institutional unit trust agents such as Citibank,UOB Bank and CIMB Private Banking and
• APPE would invest in mature REIT markets like Japan,Singapore and Australia,as well as emerging ones like Malaysia and China.  

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