KUALA LUMPUR, Dec 10 -- Manulife Investment Management (M) Bhd (Manulife) has introduced two non-core funds for Malaysia’s Private Retirement Scheme (PRS) -- the “Manulife Shariah PRS-Global REIT Fund” and the “Manulife PRS Asia-Pacific REIT Fund”.

Both offer long-term yields and capital growth from a well-diversified mix of property and real estate investments, the company said in a statement today.

"Minimum investment amount is RM100 for the respective fund, but for members with a net asset value of RM5,000 per fund, Manulife is offering free insurance policies covering injuries, disability or death, with no medical check-up required.

"Those who become members of the PRS funds by year-end will also enjoy personal tax relief of up to RM3,000 per year," it said.

-- BERNAMA