AmInvest launches 5 non-core funds under private retirement scheme

AmInvest has launched five non-core funds to increase the investment options provided under its private retirement scheme (PRS) core funds.

It said on Tuesday these new PRS non-core funds would offer Malaysians a full spectrum of PRS investment solutions in terms of risk and return to suit all investors’ risk appetites, investment goals and objectives

These new funds comprised of four Shariah-compliant PRS non-core funds and one PRS non-core conventional fund and would complement three existing PRS core funds launched in April this year.

The new five PRS non-core funds are AmPRS – Islamic Equity Fund, AmPRS – Islamic Balanced Fund, AmPRS Islamic Fixed Income Fund, AmPRS – Tactical Bond and AmPRS – Dynamic Sukuk.

The minimum initial and additional contribution to AmInvest’s PRS non-core funds on a regular saving plan is RM100.

http://www.thestar.com.my/Business/Busines...ent-scheme.aspx