Hi, i've heard about FPI from the news. Was wondering is it possible for local Malaysian to buy these offshore funds? are there anyway to find out? Thanks
Jacques
· 8 months ago
Hi Summer, Unfortunately FPI is only available to expatriates. A Malaysian living in Australia or Singapore can contract with them. A local Malaysian can not. The only international alternative is Hansard, who recently got approved by the MoF and LOFSA. But I don't think they have brokers in place presently, and the minimum to start something with them in 20K per year.
All Comments
Unfortunately FPI is only available to expatriates. A Malaysian living in Australia or Singapore can contract with them. A local Malaysian can not. The only international alternative is Hansard, who recently got approved by the MoF and LOFSA. But I don't think they have brokers in place presently, and the minimum to start something with them in 20K per year.