RHB Islamic Bond Fund declares 4.00 sen per unit Second and Final Income Distribution for the Finanacial Period Ended 30 September 2001.
Kuala Lumpur, 08 October 2001-RHB Unit Trust Management Berhad announced today the declaration of the following Income Distribution :-
- Annual 6.50 Sen per unit for the RHB Bond Fund for the Financial Year Ended 30 September 2001 and
- Second and Final 4.00 Sen per unit for the RHB Islamic Bond Fund for the Financial Period Ended 30 September 2001.
For the RHB Bond Fund, the current Income Distribution of 6.50 Sen per unit brings the total Income Distribution of the Fund since its inception on 10 October 1997 to 36.71 Sen per unit, which is equivalent to an average return of 9.18% per annum.
The RHB Islamic Bond Fund launched on 25 August 2000 is the First Islamic Bond Fund in Malaysia. It paid an interim Income Distribution of 3.0 Sen per unit for the eight months financial period ended 31 March 2001. This, together with the current second and final Income Distribution of 4.00 Sen per unit, the total Income Distribution to date amounts to 7.00 Sen per unit which is equivalent to an average return of 6.00% per annum.
Both the RHB Bond Fund and the RHB Islamic Bond Fund do not charge Entry Fees. These funds offer units on the Single Pricing Concept where there is only one price for both Buying and Selling of units.
Bond funds offer an opportunity for investors to diversify their investments in a lower risk asset compared with equities.
Issued by RHB Public Affairs & Communications. For more details, please contact Celina May Ong at Tel 03-9802534 content
|
