RHB Asset Management (RHBAM), a wholly-owned subsidiary of RHB Investment Bank Berhad, today unveiled its enhanced Asian Income strategy comprising RHB Asian Income Fund, RHB Asian Income Fund-SGD and RHB Asian Income Fund – Multi Currencies (the RHB Asian Income Funds).
This enhancement marks a significant evolution of RHBAM’s flagship product, according to a media statement.
The RHB Asian Income Funds feed into the Schroder Asian Income Fund (Target Fund), managed by Schroders Singapore (Schroders). The Target Fund features a more dynamic asset allocation strategy, with a broadened investment scope that now spans global and alternative assets, in addition to Asian multi-asset investments.
This diversification is intended to allow Malaysian investors to tap into broader growth opportunities while enjoying stable income and capital appreciation over the medium-to- long term, amid a rapidly evolving investment landscape.
Chze How Ng, managing director and CEO of RHB Asset Management, said: “The enhanced Asian Income strategy is designed to provide consistent income and capital growth during volatile market cycles.”
The RHB Asian Income Funds’ income distribution policy is now more flexible, allowing for monthly income distribution. It targets a higher income distribution of 6% to 6.5% per annum, an increase from the previous 4.0% to 4.5% per annum. This improvement is designed to offer flexibility and provide a more regular income stream.
The enhancement aligns with the current economic environment, characterised by easing monetary policies and lower interest rates, which have brought dividends back into focus.
The Target Fund’s diversified strategic investment universe now extends beyond Asian multi-asset investments to include global and alternative asset classes, aiming to boost alpha generation and enhance yields by tapping into income and growth opportunities worldwide.
Lily Choh, head of South Asia and CEO Singapore, Schroders, said: “Schroders, as one of the largest offshore managers in Malaysia, combines our regional expertise with a global perspective to deliver income stability while tapping into the next wave of growth opportunities.”
With a balanced approach that combines income generation and capital growth, the RHB Asian Income Funds aims to deliver stability and long-term potential. Investors gain access to high-quality companies globally, positioning them to benefit from major growth themes such as artificial intelligence, which are reshaping the market landscape, according to RHBAM.
RHBAM manages a range of unit trust funds, wholesale funds, private retirement schemes and private mandates for Malaysian investors, both for retail and sophisticated investors.
It includes both conventional and shariah-compliant, sustainability focused and thematic strategies to cater to the differing risk appetite for out investors. RHBAM’s AUM are more that RM50bn ($11.57bn).
Its product offerings are distributed by its list of appointed Institutional Unit Trust Agents (IUTAs), Corporate Unit Trust Agents (CUTAs), agency force and through its own online portal, RHBAM MyInvest. Investors are able to access the RHB Asian Income Funds through www.rhbgroup.com/myinvest.
Retail investors can participate in the RHB Asian Income Fund with a minimum investment of RM100, making this diversified approach to income and growth accessible to a broad range of investors.
