KUALA LUMPUR: Affin Hwang Asset Management Bhd has launched two investment solutions, the Affin Hwang Select Asia Pacific Balanced Fund (SAPBF) and Affin Hwang Select Asia Pacific Dividend Fund (SAPDF).
SAPBF, a balanced fund that aims to provide growth via a diversified portfolio, will invest 40-60 per cent of the Net Asset Value (NAV) in equities and 40-60 per cent in fixed income instruments.
"The target over a three-year rolling period is an annualised return of eight per cent to 10 per cent per annum," it said in a statement today.
SAPDF, meanwhile, will invest in dividend yielding equities and those equities that could in the medium term (within three years or less) potentially start paying high dividends or substantially increase the existing dividend payout.
The target over a three-year rolling period is an annualised return of 10 per cent to 12 per cent per annum.
"Investors are still seeking returns on their investments and are on the lookout for solutions that can capture the opportunities in the Asia Pacific region that can pay dividends regularly and consistently," Chief Marketing Officer Chan Ai Mei said.
"Southeast Asian countries such as Indonesia and the Philippines benefit from the demographic dividend which would drive domestic consumption and financial intermediation, while India, Indonesia and Malaysia are undergoing reforms," she added.
Going forward, Chan said investing in today's environment has become even more challenging due to rising interest rates and concerns over global growth. -- BERNAMA