Monday, October 6, 2008

Pacific Mutual announces payouts for 5 funds

BusinessTimes

PACIFIC Mutual Fund Bhd has announced an income distribution of between 0.4 sen and 6.0 sen per unit for five of its funds for the financial year ended September 30 2008.

"Despite the slowing global economic growth and heightened volatility of equity markets over the past year, consistent and stable performance over time has always been the hallmark of Pacific Mutual's investment style."

"We are again pleased to be able to offer consistent payouts to our investors who continue to stay with us in these trying times," Pacific Mutual Business Development and Marketing general manager Gary Gan said in a statement on Friday.

"These latest fund distribution payouts would reach over 16,000 account holders who currently hold a combined 1.23 billion units in all these funds." he said.


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