KUALA LUMPUR: CIMB-Principal Asset Management Bhd’s recently-launched CIMB Islamic Global Equity Fund, the latest addition to its suite of 20 Islamic funds, is aimed at tapping into the growth prospects of global equities which are Shariah-compliant. “We are bringing this fund to our investors at an opportune time where global economic growth is at a positive trajectory. “Global equity markets continue to be in a sweet spot, where we see strong earnings in both emerging and developed markets, ample global liquidity to support inflows into equity markets and compelling valuations. Munirah said CIMB Islamic Global Equity Fund is aligned to its strategic value proposition to provide its customers with unparalleled Shariah-compliant investment opportunities across various asset classes and across numerous markets globally. CIMB-Principal Islamic Global Equity Fund is suitable for investors seeking a Shariah-compliant global portfolio with an investment horizon of at least five years.

Source: New Strait Times September 24, 2017 09:45 UTC