UOB Malaysia launches sixth tranche of structured investment product

PETALING JAYA: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has launched the sixth tranche of its award-winning structured investment product, as it sees more retail customers turn to structured investment products to meet their investment needs.
In a statement yesterday, UOB Malaysia said the UOB Malaysia Principal Guaranteed EPFR Multi Asset Long Only 5% VT Index Structured Investment had recently won “Deal of the Year” at the Structured Retail Products Asia Pacific Awards 2016.
UOB Malaysia said the structured investment was selected for its ability to help retail investors benefit from institutional fund flow patterns and to satisfy and to meet customers’ investment objectives.
Its managing director and country head of personal financial services Ronnie Lim said that in light of the volatile market environment, investors are seeking new and innovative solutions to help them grow and protect their wealth.
Lim said the previous tranches had been well-received given the structured investment’s ability to help its customers realise stable returns while offering protection against loss of capital.
He said the structured investment is suitable for conservative investors who want stable capital growth, without risking their principal investment diminishing.
The full amount of a customer’s initial investment is guaranteed by UOB Malaysia and repayable in full if customers hold the investment until its maturity date on Jan 7, 2019.
The minimum investment is set at RM50,000 and the offer period runs till Friday.
Investors who are interested in the structured investment may approach any relationship manager at the nearest UOB Malaysia branch.