TheEdge
KUALA LUMPUR: OSK-UOB Unit Trust Management Bhd declared a gross distribution of 6.5 sen per unit for its OSK-UOB Golden Dragon Fund for the financial period ending Dec 31, 2007.
Its chief executive officer Ho Seng Yee said the fund was established in May 2007 and it invests in the vibrant Greater China markets, that is, China, Hong Kong and Taiwan.
“This is the fund’s maiden distribution and we are pleased to inform our investors that for just a short period of investment of about 6 months, the distribution declared has a dividend yield of 12.2%,” it said.
OSK-UOB manages 32 unit trust funds with an asset size of over RM3.6 billion.
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