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In its efforts to encourage their clients and traders to diversify their funding portfolios, Baiduri Financial institution has launched the ‘Broaden your monetary horizons’ promotion.
The promotion that started on April 11 and can run till Could 27, permits eligible clients to earn 1.20 per cent every year rate of interest for a 12-month mounted deposit with Baiduri Financial institution when investing an equal quantity in unit trusts.
Clients who wish to take up the engaging mounted deposit provide can be required to spend money on any of the unit trusts provided by way of Baiduri Financial institution and Baiduri Capital branches. The unit trusts are managed by main fund administration corporations together with Allianz International Traders, Blackrock, Franklin Templeton, Lion International Traders, Manulife, Neuberger Berman, Phillip Capital and UOB Asset Administration.
Baiduri Financial institution’s Head of Retail Banking Lim Kian Chiong mentioned that the promotion encourages traders to begin excited about how they’ll diversify their present portfolios and enterprise into different financial savings and funding merchandise the financial institution affords.
“With this promotion, we hope to encourage our clients, particularly those that at present have financial savings and stuck deposit accounts with us to contemplate different funding merchandise with longer funding horizons to take the subsequent step in diversifying and rising their portfolios,” he mentioned.
“We’re inviting our clients to talk to our licensed monetary planners and relationship managers to assessment their monetary objectives, and to help them to make higher selections primarily based on their particular person danger profiles and danger appetites.
“By having these conversations, our clients may get to know extra about our complete suite of services and products to swimsuit their very own funding objectives of their journey to rising their wealth over the long run.”
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