The Prudential in Malaysia has announced the launch of a second Capital Guarantee Fund. Like its predecessor, CGF 2 will be guaranteed by United Overseas Bank, while growth will be managed by Prudential Unit Trust fund management.The Prudential’s first CGF sold 150 million units, each valued at around 15 sen (£0.08), and was the first unit trust capital-guaranteed fund to be offered to Malaysian investors. The product has returned at an average of 3.8% per annum. “We were spurred on by the stron
