Wednesday, December 19, 2007

OSK-UOB raises Big Cap China fund size

TheEdge

KUALA LUMPUR: OSK-UOB Unit Trust Management Bhd has increased the fund size of its newly launched OSK-UOB Big Cap China Enterprise Fund to 600 million units of 50 sen each from 400 million units.

In a statement yesterday, the company said the fund was still in its initial offer period which would end on Dec 23, 2007.

It said the increase in fund size was due to the brisk sales recorded during the first two weeks of the offer period and it expected the strong pace to continue till the end of the offer period.

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