AmInvestment's funds management division is offering Malaysian retail investors AmCommodities Extra The derivative component of this growth fund provides rolling monthly exposure to the Revolver Strategy, a volatility-adjusted portfolio mechanism that offers up to 75% exposure to the Rici commodities index, and 25% to the Hang Seng China Enterprise, Bovespa and ASX200 indices.
"Living up to our pioneering spirit in producing innovative products, the fund is unique as it employs a risk controlled strategy that rebalances the exposure to the underlying assets on daily basis to mitigate risk and ensure returns are optimised at all times," said AmInvestment Bank Berhad MD T C Kok.
Kok cited Barclays Capital research, suggesting that the long-term outlook for commodities remains positive, driven by the rise in commodity prices due to a mismatch between demand and supply.
AmCommodities Extra has an authorised fund size of MYR300m ($91.1m) during the initial 21 day offer period (which rund from 4 August to 24 August). Minimum investment is MYR1,000 ($300) while minimum additional investment is MYR1,000 ($300).
