CIMB launches China recovery structured fund

The five-year, closed-ended fund will invest at least 95% of the fund's net asset value (NAV) into a China Recovery structured product issued by CIMB Bank, while up to 5% of the remaining Fund's NAV will be invested in liquid assets for liquidity purposes. The structured product is 100% capital protected.Through the China Recovery structure, the fund will receive potential annual distribution payments linked to the performance of the CIMB Isovol China Index. The fund will also lock-in the lo