RHB Bond Fund and RHB Islamic Bond Fund increase fund size

02 June 2003, Kuala Lumpur-RHB Unit Trust Management Bhd (RHBUTM) announced today that the size of its RHB Bond Fund and RHB Islamic Bond Fund have been increased to 500 million units and 250 million units respectively.

Approval to increase the size of the two funds was obtained from the Securities Commission on April 18, 2003.

The size of the RHB Bond Fund has been increased from 300 million units to 500 million units while the RHB Islamic Bond Fund has been enlarged from 100 million units to 250 million units.

As at May 19, 2003, the RHB Bond Fund had issued 259 million units with total net asset value (NAV) amounting to RM286.86 million and RHB Islamic Bond Fund had issued 108 million units with total NAV amounting to RM112.64 million.

As at March 31, 2003, the total returns for RHB Bond Fund and RHB Islamic Bond Fund since inception is 68.44% and 22.72% respectively.

As at March 31, 2003 the total fund size under the management of RHBUTM stood at RM1,005,711,400, surpassing the RM1 billion mark.

RHBUTM now has 10 funds in its stable. Apart from the two bond funds, the others are RHB Dynamic Fund, RHB Capital Fund, RHB Mudharabah Fund, RHB Malaysia Recovery Fund and the RHB Spectrum Fund, which is actually an umbrella group of four sub-funds, namely RHB Index Fund, RHB Technology Fund, RHB Balanced Fund and RHB Income Fund.

For more information on RHBUTM and its stable of funds, please call our toll free line at 1-800-88-3656 or visit our website at www.rhb.com.my.

Issued by RHB Public Affairs & Communications. For further information, please contact Celina May Ong at Tel:03-92802535.