Payout for RHB bond investors

(Placement in Publication: Business Times, Corporate Marketing & Communications Business -Page B7)

INVESTORS of RHB Bond and RHB Islamic Bond Funds, which are managed by RHB Unit Trust Management Bhd (RHBUTM), will receive a gain of 4.25 sen and 3.25 sen for the financial year ended September 30 2004.

RHBUTM has declared an annual gross income distribution of 4.25 sen per unit for the RHB Bond Fund. This brings the total gross income distribution to 55.86 sen since the inception of the fund on October 10 1997, or an annual average return of 7.98 sen.

The company also announced a gross income distribution of 3.25 sen per unit for the RHB Islamic Bond Fund for the same financial year.

The total gross income distribution of the fund now stands at 23.75 sen since its launch on August 25 2000; yielding an average annual return of 6.6875 sen.

The RIM Bond Fund and RHB Islamic Bond Fund were the first such funds to be launched with no front-end charge. Both funds are tailored to provide investors with regular income through investments in fixed income securities.

The RHB Islamic Bond Fund invests only in Islamic debt and fixed income securities that are compliant to Syariah principles.

The fund size of the RHB Bond and RHB Islamic Bond Funds as a, September 30 2004 stood at RM 291.5 million and RM 105.2 million respectively.

RHBUT''M is a 100 per cent owned subsidiary company of RHB Sakura Merchant Bankers Bhd. The company is also a charter member of the Financial Planning Associate of Malaysia.

RHBUTM markets its proprietary funds to prospective investors through various distribution channels.