Versa Asia, a Malaysian digital cash management platform, announced the expansion of its suite of digital investment offerings through the launch of Versa REITs and Versa Gold.
Customers can start investing in both Versa REITs and Versa Gold with a minimum of RM100.
Versa REITs is a fund that invests in multiple real estate sectors such as shopping malls, offices, data centres, business parks, factories and warehouses located across the Asia Pacific (ex-Japan) region, that are managed by Asia’s top real estate companies.
Versa Gold is Versa’s first Shariah-compliant fund that closely tracks the performance of gold price that makes the buying and selling of gold highly liquid and convenient.
The underlying fund of Versa Gold will be the Affin Hwang Shariah Gold Tracker fund.
Due to its intrinsic properties, asset classes like real estate and gold continue to be favoured by global investors alike due to its stable nature and role as a hedge against inflation.
With market cycles becoming shorter and sharper, asset classes like REITs and gold offer a way for investors to diversify their portfolios to grow and preserve wealth.