KL looks to boost ETFs amid muted interest

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 addi…