KUALA LUMPUR, July 15 (Bernama) -- Eastspring Investments Berhad (“Eastspring”), a Prudential plc company, today announced the launch of the Eastspring Investments Dragon Peacock MY Fund (“the Fund”). This innovative feeder growth fund aims to provide long-term capital appreciation for investors.

The Fund will feed into the Eastspring Investments – Dragon Peacock Fund (“Target Fund”), which is managed by Eastspring Investments (Singapore) Limited. To achieve its investment objectives, the Fund allocates a minimum of 85% of its net asset value (“NAV”) to the Target Fund, while the remaining 15% will be invested in money market instruments, deposits, and/or cash.
 
Asia's High-Growth Region: China and India

Asia, home to two of the world’s largest emerging economies—China and India—remains a high-growth region. China, a major economic powerhouse, is strategically shifting toward domestic consumption and innovation to sustain long-term growth. Meanwhile, India has become the fastest-growing economy globally, making it impossible to overlook. With its large working-age population, India presents significant investment opportunities.
 
Key Highlights of the Fund:

1. Capitalising on Complementary Strengths: The China-India Fund recognises that each market is at a different stage of economic development and growth. By adopting a single portfolio-based investing approach, the Target Fund aims to exploit diverse sectorial opportunities in both countries. Whether it’s technology innovation in China or the burgeoning consumer market in India, the focus is on identifying compelling investment prospects.
 
2. Potential Gain from Dynamic Tilts between China and India: Unlike traditional single-country funds, the Target Fund takes advantage of the decreasing correlation between these two economic giants. This positive trend extends across market performance, macroeconomic factors, and foreign flows is positive, providing a good backdrop for bottom-up stock pickers through market cycles. The Target Fund’s unconstrained country allocation approach dynamically shifts between two countries, providing a robust diversification strategy for investors.
 
3. Capture the best of China and India High Conviction Portfolio: The Target Fund’s potential success hinges on a value-driven stock selection process. Behavioural sources of mispricing are meticulously analysed, and stocks are chosen based on valuations. The result? A concentrated portfolio of 50-80 carefully curated stocks that capture the best of both worlds.

"We are excited to bring this Fund to the shores of Malaysia, as we believe that the Fund represents a unique opportunity for investors to benefit from the growth potential of the economic titans, China and India. By strategically leveraging their complementary strengths, we aim to deliver optimum results for our investors." said Yap Siok Hoon, CEO of Eastspring Investments Berhad.

The Fund is ideal for investors seeking capital appreciation over the long term. The minimum investment amount starts at RM1,000 for lump sum investments and RM100 for regular investment plan. Subsequently, additional investments can be made at RM100 for both lump sum investments and regular investments.

Interested investors can explore this exciting opportunity to capitalize on the growth potential of China and India.
 
ABOUT EASTSPRING INVESTMENTS

Eastspring Investments, part of Prudential plc, is a leading Asia-based asset manager that manages over USD 239 billion (as of 31 March 2024) of assets on behalf of institutional and retail clients. Operating since 1994, Eastspring Investments has one of the widest footprints across Asia*. We provide investment solutions across a broad range of strategies including equities, fixed income, multi asset, quantitative and alternatives and are committed to delivering high quality investment outcomes for our clients over the long term.

We incorporate Environmental, Social and Governance (“ESG”) factors into our investment process and are aligned with several global sustainability initiatives including the United Nations-supported Principles for Responsible Investments (“PRI”) and the Asia Investor Group on Climate Change (“AIGCC”). We collaborate alongside industry peers to harness a collective investor voice to influence and drive change with investee companies.

For more information on Eastspring Investments, please visit: www.eastspring.com

*Eastspring Investments (excluding JV companies) companies are ultimately wholly owned / indirect subsidiaries / associate of Prudential plc of the United Kingdom. Eastspring Investments companies (including JV's) and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
 
ABOUT EASTSPRING INVESTMENTS BERHAD

Established in 2000 and based in Kuala Lumpur, Eastspring Investments Berhad is one of the Malaysia’s leading asset management companies in Malaysia in serving both institutional and retail clients, with RM 55.6 billion in assets under management in the country (as of 31 March 2024).

Eastspring Investments Berhad manages unit trust funds, wholesale funds as well as private mandates.
 
 
SOURCE : Eastspring Investments Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Judy Yap
Director of Brand and Communications
Email : judy.yap@eastspring.com
Tel : 03 – 2789 3389 / 012 – 22877410

--BERNAMA