INVESTMENT BANKING | Cesar Tordesillas, Malaysia

Ambank launches AmConstant Multi Maturity 2

AmInvestment Bank Group has launched a four-year close-ended fund that caters to investors looking for regular income and capital preservation.

Chief executive officer of Funds Management Division, Datin Maznah Mahbob, said the AmConstant Multi Maturity 2
sought to provide regular income from three investment portfolios comprising local and/or foreign fixed income securities.

"These investment portfolios will respectively mature on the eighteenth month, third anniversary and fourth anniversary of the commencement date after which schedule capital repayment(s) will be made to the unitholders," she said.

The fund has an offer period of 45 days, until Nov 30, 2011 at RM1 per unit.

The units are available at all AmBank branches, AmPriority Banking, Ambank Wealth Management, Alliance Bank, CitiBank, Maybank and OCBC Bank.

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