KL looks to boost ETFs amid muted interest
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Kuala Lumpur
IN a bid to drive growth of Exchange-Traded Funds (ETF) in Malaysia and to attract greater participation in a sector overlooked by investors, a Securities Commission-led task force has come up with a set of recommendations including incentivising issuances by lowering the minimum capital requirement for issuers to RM2 million (S$644,000), or a significant four-fifths.
Other proposals, in addition to facilitating issuances and investments, are enabling product innovation and intensifying investor engagements.
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