KUALA LUMPUR, Sept 23 — The Malaysian capital market has expanded to reach RM2.9 trillion in size and offered diverse products ranging from stocks, equity crowdfunding and exchange-traded fund.
Securities Commission (SC) Deputy Chief Executive Datuk Ahmad Fairuz Zainol Abidin advised the public to invest in the capital market to achieve their financial goals.
“It is a comfortable figure as we have diverse products.
“Investors can chose to invest in stocks, unit trusts, bonds, private retirement schemes, equity crowdfunding, derivatives or exchange-traded fund,” he told reporters after officiating the third annual InvestSmart Fest here today.
Ahmad Fairuz said the number of young investors in the country was also growing.
The three-day investor education fair, beginning today, drew more than 40 capital market institutions to jointly educate and encourage the public to “invest the smart way”.
It also assembled 46 exhibitors that included Bank Negara Malaysia, the Employees Provident Fund, Bursa Malaysia, Securities Industry Dispute Resolution Centre and the Private Pension Administrator.
Earlier in his speech, Ahmad Fairuz said through the investor education fair, the SC hoped to see greater financial inclusion and better investment capability among Malaysians.
“Investment literacy is a lifelong skill that every Malaysian should acquire to better navigate through the investment landscape to achieve their financial goals,” he said.
Ahmad Fairuz was optimistic the investor education fair would attract about 10,000 patrons versus around 6,000 visitors recorded last year. — Bernama