18:11 | 04/04/2019 Investment
April 4th, 2019 - Chubb Life Fund Management Company Limited (Chubb Life FMC) – a subsidiary of Chubb Life Insurance Vietnam Company Limited, officially launched its first open-end fund, Chubb Bond Plus Fund.
Chubb Bond Plus Fund is managed by a team of professional, qualified and experienced fund managers from Chubb Life FMC. The investment objective is to maximize profit by investing in primarily fixed-income assets and certain equities with strong fundamentals. Furthermore, under the supervision of Standard Chartered Bank Vietnam and with annual reports audited by a prestigious international auditing company, the Fund provides transparency to its stakeholders.
The Fund’s certificates have high liquidity and cater to a wide range of customers with varying degrees of wealth starting from as low as VND 1,000,000 initital investment. During the Fund’s initial public offering (IPO) from November 22nd, 2018 to January 8th, 2019, over 6 million certificates were offered at VND 10,000 per fund certificate.
Mr. Lam Hai Tuan, Chairman of Chubb Life FMC said, “Investing in the Chubb Bond Plus Fund enables customers to own a diversified investment portfolio managed by qualified professionals. Another advantage of an open-end fund is the low capital requirement compared to other traditional investment channels which require investors to have a large capital amount, deep market knowledge and high risk acceptance.”
In addition, with the launch of the Fund, Chubb Life FMC also introduces the Chubb Scheduled Investment (CSI). This is an investment program which allows investors to form a pattern of regular and disciplined accumulation – the golden rule of wealth management. CSI also makes it easy for customers to save a fixed amount every month by subscribing to fund certificates.