DeutscheÆs DWS and RHB introduce thematic fund
This is the first global thematic fund to be marketed in Malaysia.
MalaysiaÆs RHB Unit Trust Management has rolled out the first thematic mutual fund in Malaysia, it says. The Global Themes Fund will invest 95-100% of its net asset value into an underlying fund, DWS Global Themes Equity Fund, and the rest into cash, in order to provide Malaysian investors with a diversified offering.The fund will be managed by RHB and sub-advised by Singapore-based Deutsche Asset ManagementÆs retail arm, DWS, and sub-managed by Deutsche Investment Management Americas…
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