KUALA LUMPUR, 26 Sept (Bernama) -- Eastspring Investments Berhad today announced the income distribution for one of its existing Shariah-compliant unit trust funds, namely, Eastspring Investments Dana Dinamik.



All unit holders who have maintained their unit holdings in the Fund as at 25 September 2017 will be entitled to the income distribution.
 
“At Eastspring Investments, we have a positive outlook on the Malaysian economy for the year driven by improved trade flows, domestic private consumption and rising capital expenditure.
 
Malaysia's GDP growth for 2017 is likely to be much better than the previous corporate earnings growth, which is one of the major drivers for the stock market, will continue to resume its uptrend in 2017 after three years of negative growth. Some of the sectors we still like to include are the infrastructure companies, the banks, consumer sector as well the export oriented companies.” says Rudie Chan, Chief Investment Officer.  
 
“Overall we think that the country's economic health is in good shape and market valuations are also inexpensive.  We believe that there are still opportunities out there and good stock selection is the key to outperformance.” says Chan.


ABOUT EASTSPRING INVESTMENTS

Eastspring Investments is a leading asset manager in Asia that manages over USD170 billion assets on behalf of institutional and retail clients as at 30 June 2017. 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 RM40 billion in assets under management in the country as at 30 June 2017. 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