TheEdge
KUALA LUMPUR: Alliance Investment Management Bhd (AIMB) has declared a gross income distribution of three sen per unit for its fixed-income fund, Alliance Moneyplus Fund (AMF), for the year ended June 30, 2008.
In a statement yesterday, AIMB said the distribution, which translates to a yield of 5.55%, was the highest paid out cash distribution since the fund's inception in 2002. Last year's distribution was two sen.
"Performance wise, the fund had gained 4.35% from 0.5176 sen to 0.5401 sen. The average net asset value (NAV) during the 12-month period was 0.5410 sen," said AIMB head and executive director Nik Azhar Abdullah.
According to the Lipper Fund Table, dated July 14, 2008, AMF was ranked second, ninth and fourth out of 38, 26 and 19 funds in the same category on the back of a 4.35% return for the one year period, 13.42% for three years and 25.98% for five years, respectively.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
Showing posts with label Alliance. Show all posts
Showing posts with label Alliance. Show all posts
Thursday, July 31, 2008
Thursday, February 28, 2008
Public Mutual the overall winner at The Edge-Lipper awards
TheStar
KUALA LUMPUR: Public Mutual Bhd has emerged as the Best Equity Fund Group, scooping up seven individual awards at The Edge-Lipper Malaysia Fund Awards 2008.
Public Mutual garnered awards in non-Islamic bonds, equities, equities Malaysia small and mid caps, mixed assets and Islamic equity Malaysia for the five-year period. It also won awards in bond Malaysian Ringgit and Islamic equity Malaysia for the 10-year period.
Public Mutual chairman Tan Sri Dr Teh Hong Piow attributed the company’s fifth consecutive win to effective investment strategies. The fund manager is the largest private unit trust company and it manages some 58 funds, of which the total net asset value stood at RM28.4 billion as at Dec 31, 2007.
Alliance Investment Management Bhd bagged the best performing fund under the mixed asset balance under a 10-year period for the second time.
Alliance Financial Group’s group chief executive officer Datuk Bridget Lai said: “Winning the award is an honour and doing so two years in a row is an added achievement.”
Speaking at the awards presentation ceremony here yesterday, The Edge Communications Sdn Bhd managing director and editor-in-chief Ho Kay Tat said investors’ need for timely and in-depth information was growing as fund houses offered more sophisticated products for investors to invest in agribusiness sector, climate change-themed funds, precious metals and Indo-china.
“The ability to invest in a wide universe is, however, a double-edged sword as investors in sectors hit by subprime crisis would know. Global investors need to be on top of many issues like movements of currencies, global outlook and the latest investing themes,” he said.
The Edge-Lipper Malaysia Fund Awards are given to the best performing unit trust funds in Malaysia over the three-, five- and 10-year periods where winners are determined based on the Lipper Leader ratings for Consistent Return, a risk adjusted investment performance return measure developed by Lipper.
Only funds that have done well over a period of three years and beyond are recognised, in line with the practice adopted by the global Lipper Fund Awards. Some 17 awards covering seven fund categories were given out this year, including Islamic funds that topped their respective Lipper classification.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
KUALA LUMPUR: Public Mutual Bhd has emerged as the Best Equity Fund Group, scooping up seven individual awards at The Edge-Lipper Malaysia Fund Awards 2008.
Public Mutual garnered awards in non-Islamic bonds, equities, equities Malaysia small and mid caps, mixed assets and Islamic equity Malaysia for the five-year period. It also won awards in bond Malaysian Ringgit and Islamic equity Malaysia for the 10-year period.
Public Mutual chairman Tan Sri Dr Teh Hong Piow attributed the company’s fifth consecutive win to effective investment strategies. The fund manager is the largest private unit trust company and it manages some 58 funds, of which the total net asset value stood at RM28.4 billion as at Dec 31, 2007.
Alliance Investment Management Bhd bagged the best performing fund under the mixed asset balance under a 10-year period for the second time.
Alliance Financial Group’s group chief executive officer Datuk Bridget Lai said: “Winning the award is an honour and doing so two years in a row is an added achievement.”
Speaking at the awards presentation ceremony here yesterday, The Edge Communications Sdn Bhd managing director and editor-in-chief Ho Kay Tat said investors’ need for timely and in-depth information was growing as fund houses offered more sophisticated products for investors to invest in agribusiness sector, climate change-themed funds, precious metals and Indo-china.
“The ability to invest in a wide universe is, however, a double-edged sword as investors in sectors hit by subprime crisis would know. Global investors need to be on top of many issues like movements of currencies, global outlook and the latest investing themes,” he said.
The Edge-Lipper Malaysia Fund Awards are given to the best performing unit trust funds in Malaysia over the three-, five- and 10-year periods where winners are determined based on the Lipper Leader ratings for Consistent Return, a risk adjusted investment performance return measure developed by Lipper.
Only funds that have done well over a period of three years and beyond are recognised, in line with the practice adopted by the global Lipper Fund Awards. Some 17 awards covering seven fund categories were given out this year, including Islamic funds that topped their respective Lipper classification.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
Tuesday, February 19, 2008
Alliance AFF investors get four sen per unit
TheStar
KUALA LUMPUR: Alliance Investment Management Bhd is declaring a gross income distribution of four sen per unit for its Alliance First Fund (AFF) investors for the year ended Dec 31, 2007. In a statement, Alliance Investment said the distribution represented a yield of 6.1% based on the fund's average selling price last year.
“As at Dec 31, 2007, the net asset value per unit after dividend distribution stood at 66.7 sen,” it said. – Bernama
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
KUALA LUMPUR: Alliance Investment Management Bhd is declaring a gross income distribution of four sen per unit for its Alliance First Fund (AFF) investors for the year ended Dec 31, 2007. In a statement, Alliance Investment said the distribution represented a yield of 6.1% based on the fund's average selling price last year.
“As at Dec 31, 2007, the net asset value per unit after dividend distribution stood at 66.7 sen,” it said. – Bernama
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
Thursday, October 25, 2007
Alliance Investment taps global emerging funds
TheEdge
KUALA LUMPUR: Alliance Investment Management Bhd (AIMB) has launched the Alliance Advantage GEM Treasures Fund to provide an option for Malaysians seeking more diversified investments.
AIMB, a member of the Alliance Financial Group, had teamed up with the HSBC Group to launch the feeder fund which seeks long-term returns from capital growth and income by investing in equities of global emerging markets and global bonds.
The fund would tap into the HSBC Investments Funds GEM Treasures Fund, which was sub-managed by Sinopia Asset Management, a unit of the HSBC Group.
Equity investments will be split among Latin America, Eastern Europe, Asia, Africa and the Middle East; and fixed income instruments from around the world.
Alliance Financial Group chief executive officer Datuk Bridget Lai said the partnership reflected the group’s ability to bring to the market innovative and value-added products that meet specific lifestyle and investment needs of Malaysians.
She said 400 million units priced at 50 sen each was offered from yesterday until Nov 12. HSBC Bank Malaysia Bhd is the exclusive distributor of the units.
The fund will be measured against a composite benchmark consisting of 70% MSCI Emerging Markets Free Index in US dollar un-hedged and 30% JP Morgan Government Bond Index in US dollar, currency hedged.
It will invest 95% of its net asset value (NAV) in HSBC Investment Funds GEM Treasures Fund and up to a maximum of 5% would be in liquid assets to meet redemptions.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
KUALA LUMPUR: Alliance Investment Management Bhd (AIMB) has launched the Alliance Advantage GEM Treasures Fund to provide an option for Malaysians seeking more diversified investments.
AIMB, a member of the Alliance Financial Group, had teamed up with the HSBC Group to launch the feeder fund which seeks long-term returns from capital growth and income by investing in equities of global emerging markets and global bonds.
The fund would tap into the HSBC Investments Funds GEM Treasures Fund, which was sub-managed by Sinopia Asset Management, a unit of the HSBC Group.
Equity investments will be split among Latin America, Eastern Europe, Asia, Africa and the Middle East; and fixed income instruments from around the world.
Alliance Financial Group chief executive officer Datuk Bridget Lai said the partnership reflected the group’s ability to bring to the market innovative and value-added products that meet specific lifestyle and investment needs of Malaysians.
She said 400 million units priced at 50 sen each was offered from yesterday until Nov 12. HSBC Bank Malaysia Bhd is the exclusive distributor of the units.
The fund will be measured against a composite benchmark consisting of 70% MSCI Emerging Markets Free Index in US dollar un-hedged and 30% JP Morgan Government Bond Index in US dollar, currency hedged.
It will invest 95% of its net asset value (NAV) in HSBC Investment Funds GEM Treasures Fund and up to a maximum of 5% would be in liquid assets to meet redemptions.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
Tuesday, September 18, 2007
3.5 sen payout for Alliance Optimal fund
TheEdge
KUALA LUMPUR: Alliance Investment Management Bhd has announced a record gross cash distribution of 3.5 sen per unit for its Alliance Optimal Income Bhd (AOIF) for its financial year ended Aug 31, 2007.
The distribution, which represents a 7% yield for six months based on average selling price, is AOIF’s second cash distribution payout in a year.
The distribution is declared on a half-yearly basis, with the first distribution of 1.5 sen in March this year, or a 3% yield based on the initial price of 50 sen.
The total cash distribution for the year amounted to 5 sen, which translated to a yield of 10% — the highest AOIF had paid out. Said Alliance Investment Management Bhd’s head Nik Azhar Abdullah, adding that AOIF is popular among investor with low risk appetite.
He said the fund appealed to those prefering a stable income stream and potentially higher than fixed deposit rates by investing in high dividend yielding stocks and fixed income securities.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
KUALA LUMPUR: Alliance Investment Management Bhd has announced a record gross cash distribution of 3.5 sen per unit for its Alliance Optimal Income Bhd (AOIF) for its financial year ended Aug 31, 2007.
The distribution, which represents a 7% yield for six months based on average selling price, is AOIF’s second cash distribution payout in a year.
The distribution is declared on a half-yearly basis, with the first distribution of 1.5 sen in March this year, or a 3% yield based on the initial price of 50 sen.
The total cash distribution for the year amounted to 5 sen, which translated to a yield of 10% — the highest AOIF had paid out. Said Alliance Investment Management Bhd’s head Nik Azhar Abdullah, adding that AOIF is popular among investor with low risk appetite.
He said the fund appealed to those prefering a stable income stream and potentially higher than fixed deposit rates by investing in high dividend yielding stocks and fixed income securities.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
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