SCUBE Capital unveils $ FM fund for Federal Bank clients

Mumbai, Jan 28 SCUBE Capital has launched a US Dollar Fixed Maturity Fund exclusively for Federal Bank Clients in association with Equirus Wealth. SCUBE Capital, is a global fund management company based out of Singapore. It has global funds across alternate investments , fixed income and multi asset investments serving different investor segments.

This is an exclusive US Dollar fund wherein only customers of Federal Bank can invest.

Hemant Mishr, Co-Founder and CEO, Asset Management, SCUBE Capital, Singapore, added that "SCUBE Capital is pleased to partner Federal Bank and Equirus to offer this exclusive offering to Federal bank's clients. The fund has been jointly designed with inputs from the Equirus and the Federal bank team, in keeping with the spirit of collaboration. The investment strategy seeks to offer superior risk-adjusted-return for investors against the backdrop of rock bottom interest rates."

Speaking on the occasion, Shalini Warrier, Executive Director & Business Head – Retail said, "We have always strived to bring the best of products and services to our customers, and the newly introduced US Dollar Offshore Fund is an example of this. The offer has been specially curated by our partner, Equirus Wealth along with SCUBE Capital and is only available to Federal Bank customers. We are confident our customers will find this offer attractive and useful".

Adding to the above, Ajay Garg Managing Director - Equirus Group, said, "Our constant endeavor is to provide holistic wealth management solution to our clients. The product offers attractive risk-adjusted returns given the low debt yield environment. While this is our first exclusive product for Federal Bank clients, we are very keen to create a pipeline of such exclusive offerings going forward."

Customers who wish to invest into this new scheme or those who want to know more about the product proposition can reach out to Federal Bank Investment Relationship Manager directly or email them for support.

*The fund offers a leveraged target return guidance, and such should not be construed as a promise or minimum returns or safeguard of capital.