icapital.biz Bhd is a closed-end fund listed on Bursa Malaysia. A closed-end fund is a type of collective investment scheme, but it has many benefits that are not available in other collective investment schemes such as a unit trust fund and an exchange traded fund. Notably, a closed-end fund allows the fund manager to apply real value investing and without his/her investment decisions being affected by the inflow and outflow of funds. More importantly, a listed closed-end fund allows an investor to practice value investing by buying at a discount to intrinsic value, a feature that does not exist in a unit trust fund and an exchange traded fund. In addition, it is cheaper and easier to invest in a closed end fund. Investors should take advantage of this unique investment scheme.
i Capital will not be published for the issue dated 31 Aug – 6 Sep, 2017. However, during this period, www.icapital.biz will be updated as usual and apart from the public holidays, our office operating hours will not be affected. Volume 29, number 4 of i Capital will hence be dated 7 Sep – 13 Sep, 2017.