SGAM has decided to postpone the launch of SGAM AsiaPAC Income Plus Fund due to soft market and investor sentiments. The product will be launched at a later date when the market sentiment improves.
Investors who have already invested monies into the fund will have their funds returned. Details on the refund will be announced upon finalisation.
Looks like the current market sentiment is so bad that this fund has failed to attract sufficient interest for the launch to go ahead.