Phillip Capital Management has announced the launch of its new equity fund, the Phillip Global Rising Yield Innovators Fund.

The fund, which will be launched on August 28, “seeks to identify enabling or disruptive innovative enterprises, working to bring new and unique solutions to solve today’s and tomorrow’s high-value problems”.

According to Phillip Capital Management, companies relevant to this innovation theme are those that rely on or benefit from the development of new products or services, technological improvements and advancements.

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