2002 Press Releases 2003 Press Releases 2004 Press Releases 2005 Press Releases
2006 Press Releases 2007 Press Releases 2008 Press Releases 2009 Press Releases
2010 Press Releases 2011 Press Releases 2012 Press Releases 2013 Press Releases
2014 Press Releases 2015 Press Releases 2016 Press Releases 2017 Press Releases
2018 Press Releases 2019 Press Releases 2020 Press Releases
9th January 2015

BANDAR SERI BEGAWAN, 9 January 2015. To kick off 2015, Baiduri Bank in collaboration with BlackRock Global Funds today launched four Unit Trust funds to add to their wide array of investment products available to customers.

A seminar was held this afternoon to introduce customers to the features and benefits of the new funds and to keep them informed of current market trends to help them strategize their investments and make informed decisions.

Mr Kyle Wang, Vice President of BlackRock conducted the seminar which was held at the Mutiara Ballroom, Radisson Hotel. On hand to welcome guests was Pg Azaleen Pg Dato Hj Mustapha, Head of Retail Banking and Branch Network of Baiduri Bank. Also present was Mr Pang Eng Soon, Head of Wealth Management Centre of Baiduri Bank.

In his welcoming remarks, Pg Azaleen said, "Our main objective is to offer a variety of investment products, so that you, the Baiduri investor, can diversify your investment portfolio to develop a better financial future."

One of the funds offered is the BlackRock China Fund. The fund has a broad investment range and a flexible investment approach which captures the benefits of Chinese structural reform. China’s commitment to reform was driving a rerating which was a factor why Baiduri Bank chose to offer this fund.

The BlackRock Global Allocation Fund provides a one-stop solution with strong risk-adjusted performance, built-in diversification and a huge degree of flexibility. The fund is considered one-third less risky than global stocks and is known to be a core holding fund as the fund navigated recent financial market challenges including the technology bubble and global credit crisis. This fund has been awarded a Gold medal by Morningstar, a leading provider of independent investment research in North America, Europe, Australia, and Asia.

BlackRock Global Equity Income Fund is a top selling unit trust in Singapore which has raised more than SGD 800 million dollars. The fund provides a monthly payout of potentially around 3.00% p.a. and invests in well-known global equities.

The fourth fund on offer is the BlackRock Asian Tiger Bond Fund which provides a monthly payout of potentially more than 5.00% p.a and is an efficient way of investing in Asian bonds which has proven a long track record and solid performance. The fund was awarded 4 stars for a 3 year rating by Morningstar and voted Best Fund over 3 years by Lipper Fund Awards in the "Bond Asia Pacific" category.

Another seminar will be held on 10 January 2015, Saturday at the Function Hall at Plaza Sutera Biru in Kuala Belait for customers residing in the Belait District.

Besides unit trust and investment products, Baiduri Bank has also been actively promoting their Foreign Currency Fixed Deposit and Savings Accounts as well as Twin Currency Deposits for those customers seeking higher returns.

For more information, please approach Personal Financial Planners in Baiduri Bank Branches to make an appointment.

Baiduri Bank © 2020 All rights reserved.