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March 2010 RHB Investment Management Wins Most Innovative Product Award Kuala Lumpur, 24 March 2010 RHB Investment Management Sdn Bhd (RHBIM) emerged as the winner of the Asia Asset Management 2009 Best of the Best Awards for the Most Innovative Product in Malaysia, held in Hong Kong on 11 March 2010. The winning fund, the RHB China Averaging Capital Protected Fund which was launched in March last year, is a 100% capital protected fund in Ringgit Malaysia (if held till maturity). It reduces risks associated with investment through market timing by using the Dollar Cost Averaging principle and provides uncapped returns to its investors by riding on the potential recovery of the China market. The Fund is a unique Capital Protected Fund that accumulates investments during the first 12 months and then participates in the growth of China over the next 24 months. "We are very happy with the global recognition that this award brings. It is a testament to the commitment shown by our product development team as they strive to continually introduce innovation and new ideas to the competitive market,” said Sharifatul Hanizah Said Ali, Managing Director of RHB Investment Management. RHBIM is a wholly-owned subsidiary of RHB Investment Bank, under the Corporate and Investment Banking arm of the RHB Banking Group, and currently has a stable of 26 retail funds.Issued on behalf of RHB Investment Management by Group Corporate Communications Division, RHB Capital Berhad. For more information, please call Eza Dzul Karnain at 012-3420060 or Sandra Foo at 012-3188412. About the RHB Banking Group The RHB Banking Group is the fourth largest fully integrated financial services group in Malaysia. The Group’s core businesses are streamlined into four Strategic Business Units (SBUs): Retail Banking, Corporate & Investment Banking, Islamic Banking and International Banking. These businesses are offered through its main subsidiaries – RHB Bank Berhad, RHB Investment Bank Berhad, RHB Insurance Berhad and RHB Islamic Bank Berhad, while its asset management and unit trust businesses are held under RHB Investment Management Berhad. RHB’s International Banking Division include the commercial banking operations in Singapore, Thailand and Brunei. The Group also has a non-ringgit based offshore funding operations in Labuan as well as a representative office in Vietnam. It is the RHB Banking Group’s aspiration to deliver superior customer experience and shareholder value; and be recognised as one of the top financial services groups in ASEAN. It’s time we simplify banking.  |
