TheStar
KUALA LUMPUR: RHB Investment Management Sdn Bhd has declared a gross distribution of two sen per unit for the RHB Asian Total Return Fund for the financial period ended July 31.
This is the second income distribution declared for the fund since its inception in February 2007. The first distribution of 1.535 sen was declared at the end of March.
Managing director of RHBIM Sharifatul Hanizah Said Ali said the company was pleased to be able to declare distribution twice this year and hoped to retain the trend every year.
Unit holders of the fund, as of Aug 25, would be entitled for the distribution, she said in a statement yesterday.
The RHB Asian Total Return Fund aims to provide investors with income return primarily through investment in a portfolio of bonds and other fixed and floating rate securities issued by governments, government agencies, supra-national and corporate issuers in Asia excluding Japan.
RHBIM is a wholly owned subsidiary of RHB Investment Bank, under the RHB Banking Group, and currently has 27 funds. — Bernama WB
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