ASIA - Standard Chartered Bank said it has launched its first Qualified Domestic Institutional Investor QDII product, called Ju Tong Tian Xia, which will enable investors to allocate assets globally through the UBS Global Allocation Index. The UBS Global Allocation Index is made up of three global funds, investing in asset classes including bonds, equities and cash in North America, Asia, Europe and emerging markets, Standard Chartered said in a statement.
The minimum subscription for the fund is 10,000 usd, the statement said.
The subscription period is Dec 12-27, it added.