Funding Societies a digital financing platform in Southeast Asia is looking to offer a variety of lower-risk investment products on the platform to help investors earn more consistent returns through its Dealer Financing and newly launched Guaranteed Investment Notes (GIN).
Chai Kien Poon, Country Head of Funding Societies Malaysia, said, “We constantly innovate to offer more investment products to meet the needs of most investors’ investment objectives and risk appetite across business cycles. Case in point, with the current developments of the global economy and potential spillover to local markets, our Guaranteed Investment Notes (GIN) which offer more consistent (albeit lower returns) – where the non-repayment or default risk is guaranteed by an appointed guaranteeing entity instead of the investors themselves – may appeal to investors who have a more cautious outlook in the short to medium time horizon. We introduced GIN during the height of the Covid pandemic and it was well received by investors.”
The firm believes by introducing GIN, it will be able to meet its three objectives of availing investors more investment opportunities for portfolio diversification, offering lower risk investment products for investors with different investment objectives and risk appetites, and to continue providing more Malaysian SMEs with financing solutions to meet their business capital requirements.