Due to overwhelming demand, the CIMB-Principal Australian Equity Fund has increased its fund size again, by 300 million units to 900 million units. The CIMB-Principal Australian Equity Fund was launched by CIMB-Principal Asset Management Berhad in on 23 March this year with an initial fund size of 600 million units. As at 14 May 2010, the fund size of the Fund is RM94.87 million.

The Fund feeds into the Schroder Australian Equity Fund (“the Target Fund”), an Australian-domiciled fund, strives to outperform the S&P/ASX 200 Accumulation Index over the medium-to-long term and is an effective avenue to participate in the upside potential of the Australian markets.

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