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Barclays Capital Unveils Global Stimulus Fund

Published: 05-Nov-2009

To provide long-term capital appreciation by investing in a diversified pool of ETFs

Barclays Capital, the investment banking division of Barclays Bank and a provider of retail structured products globally, has launched the global stimulus fund in Singapore.

The fund aims to provide long-term capital appreciation by investing in a diversified pool of exchange traded funds (ETFs) comprising the global stimulus portfolio. The selected ETFs represent sectors and/or markets that are expected to appreciate in the long-term, including as a result of economic policies of governments globally.

The fund is available to investors in SGD, USD and AUD classes and is being distributed in Singapore through Citibank.

Yongsheng Tan, director of investor solutions in Singapore, Barclays Capital, said: “This fund will enable investors to gain exposure to the global recovery story via ETFs.”

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