Sunday, February 11, 2007

RM500m CUBE fund from Maybank

Leveraging the overall success of Malayan Banking Bhd's (Maybank) fully subscribed Core Capital Guarantee Fund, which was launched last September, Maybank introduced a new RM500 million investment-linked plan.

Head of consumer banking Spencer Lee said the strength of Maybank's latest fund is its investment across four different asset classes.

Cube CG also offers value-added benefits like a financial protection feature to safeguard its investors' families in the event of untimely death with a minimum guaranteed sum payable.

The fund's investment in commodities will include energy, industrial, metal and agriculture while that of currencies will include the most actively traded relative to the US dollar.

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