TheEdge
KUALA LUMPUR: CIMB Wealth Advisors Bhd has declared a 10 sen per unit gross income distribution for its SBB Dana Al-Ihsan 2 Fund (DALI 2) holders, amounting to 5.08% of the fund’s net asset value per unit as at Oct 31, 2007.
DALI 2, an equity growth fund, was launched in 2003 to give consistent capital growth over medium to long term through a diversified investment portfolio of syariah-compliant equities and fixed income securities.
Its chief executive officer Tan Beng Wah said DALI 2 had registered a total return of 46.92% since the beginning of the year. It also out-performed its benchmark, the Kuala Lumpur Syariah Index by 6.6% as at Oct 31, 2007.
“This was partly due to our decision last year to also invest in foreign syariah-compliant equitities, focusing on Asia Pacific,” he said.
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