Malaysia’s AmBank Group has unveiled its second currency portfolio, Bernama reports. The AmCurrency Income II fund has been launched for investors seeking potential returns from the international currency market as well as insurance protection.
The three-year short-term investment-linked portfolio will also offer 100% capital guarantee upon its maturity. Investors in the second fund will have access to a basket of 10 international currencies – the U.S. dollar, yen, U.K. pound sterling, New Zealand dollar, Norwegian krone, euro, Australian dollar, Swedish krona, Canadian dollar and the Swiss franc.
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