KUALA LUMPUR, July 15 (Bernama) — Eastspring Investments Berhad (“Eastspring”), a Prudential plc company, today announced the launch of the Eastspring Investments Dragon Peacock MY Fund (“the Fund”). This innovative feeder growth fund aims to provide long-term capital appreciation for investors.
The Fund will feed into the Eastspring Investments – Dragon Peacock Fund (“Target Fund”), which is managed by Eastspring Investments (Singapore) Limited. To achieve its investment objectives, the Fund allocates a minimum of 85% of its net asset value (“NAV”) to the Target Fund, while the remaining 15% will be invested in money market instruments, deposits, and/or cash.