CIMB Principal launches Global Balanced Fund

CIMB Principal launches Global Balanced Fund

A screenshot of company' s website

CIMB Principal Asset Management has launched a new fund that invests in global long-term stocks and debt instruments. Called the ‘CIMB-PRINCIPAL Global Balanced Fund,’ it targets 8-10 per cent annual return on investment, said the company’s chief executive Chumpon Saimala.

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