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April 26, 2024 -Friday

 
  EASTSPRING INVESTMENTS BERHAD DECLARES INCOME DISTRIBUTION FOR FIVE FUNDS

Friday 23/06/2017



KUALA LUMPUR, June 23 (Bernama) -- Eastspring Investments Berhad today announced the income distribution for five of its existing unit trust funds, namely, the Eastspring Investments Dynamic Fund, Eastspring Investments Equity Income Fund, Eastspring Investments Asia Select Income Fund, Eastspring Investments Dinasti Equity Fund and Eastspring Investments ASEAN al-Adiil Fund (collectively referred to as “Funds”):
 
Fund NameFinancial Year EndGross Distribution
(RM/Unit)
Dividend Yield  (based on Net Asset Value per unit on 15 May 2017)Type of Distribution
Eastspring Investments Dynamic Fund30 June0.04854.50%Annual
Eastspring Investments Equity Income Fund30 June0.04395.00%Annual
Eastspring Investments Asia Select Income Fund30 June0.03444.50%Annual
Eastspring Investments Dinasti Equity Fund30 June0.06924.00%Incidental
 
Eastspring Investments ASEAN al-Adiil Fund30 June0.02694.50%Annual

All unit holders who have maintained their unit holdings in the Funds as at 23 June 2017 will be entitled to the income distribution.
 
“The fundamentals for Malaysia are improving with commodity prices stabilising and corporate earnings recovering. The weaker ringgit should attract foreign interest to local equities as the risk-reward ratio looks more favourable,” says Rudie Chan, Chief Investments Officer.
 
We are seeing more buying opportunities for equities and bonds compared with a year ago. Our appetite for equities has increased. But as always, with our bottom-up approach, we continue to be on the lookout for attractively valued stocks with good long-term growth potential.” says Chan.

ABOUT EASTSPRING INVESTMENTS
 
Eastspring Investments is a leading asset manager in Asia that manages over US$146 billion assets on behalf of institutional and retail clients as at December 2016. Operating in Asia since 1994 in 10 major markets plus offices in North America and Europe. Eastspring Investments is the Asian asset management business of Prudential plc, one of the world’s largest financial services companies.
 
ABOUT EASTSPRING INVESTMENTS BERHAD
 
Established in 2000 and based in Kuala Lumpur, Eastspring Investments Berhad is one of the leading asset management companies in Malaysia in both institutional and retail, with over RM36 billion in assets under management in the country as at 31 December 2016. It manages unit trust funds, wholesale funds as well as private mandates.

Source : Eastspring Investments Berhad 

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Judy Yap
Director, Brand and Communications
Tel : 03 - 2170 0290
Fax : 03 - 2170 0399
Email : judy.yap@eastspring.com 

--BERNAMA
 

 
 
 

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