RHB Islamic Asian Megatrend Fund launched

RHB Islamic International Asset Management (IIAM) has launched the RHB Islamic Asian Megatrend Fund, leveraging on the growth potential of Asian markets. According to RHB Group Asset Management managing director Eliza Ong the total assets under the fund stand at RM127 million. The fund is looking at a return of between eight and 12 per cent per annum over the next three to five years.