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. Â
- MAAKL Mutual To Launch Its First REIT Fund
- PNB Working On RM1b Islamic Property Trust
- Quill Capita REIT’s RM877m fund to buy properties
- TA To List REIT
- Accord On RM689mil Islamic Real Estate Fund
- Amanah Raya to enter REIT market
- KPJ REIT- The World’s First Islamic REIT
July 27, 2006
Posted in: Activity-Based Costing
Leave a Reply