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.
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 Pacific Mutual. Show all posts
Showing posts with label Pacific Mutual. Show all posts
Monday, October 6, 2008
Wednesday, July 2, 2008
RM15.4m for Pacific Mutual investors
TheEdge
PETALING JAYA: Pacific Mutual Fund Bhd has declared income distributions of between 0.4 sen and six sen per unit for five of its funds for their financial year and interim periods ended June 30, 2008.
For FY08, it has declared distribution of six sen per unit for Pacific Millennium Fund and Pacific Recovery Fund, 3.5 sen per unit for Pacific SELECT Balance Fund and 2.5 sen per unit for Pacific SELECT Income Fund, while for the interim period, it declared 0.4 sen per unit for Paciific Cash Fund.
The total distributions to be paid out amount to RM15.4 million.
In a statement yesterday, Pacific Mutual said these translated into yields of 9.8%, 10.7%, 6.4%, 4.8% and 0.8%, respectively, based on the net asset value per unit of the funds prior to the distribution.
“We are generally pleased to be able to offer consistent payouts to our investors, despite trying market conditions,” said Gary Gan, general manager, business development and marketing of Pacific Mutual, adding that the payouts were possible due to the respectable returns generated and prudent downside risk management achieved by the funds.
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.
PETALING JAYA: Pacific Mutual Fund Bhd has declared income distributions of between 0.4 sen and six sen per unit for five of its funds for their financial year and interim periods ended June 30, 2008.
For FY08, it has declared distribution of six sen per unit for Pacific Millennium Fund and Pacific Recovery Fund, 3.5 sen per unit for Pacific SELECT Balance Fund and 2.5 sen per unit for Pacific SELECT Income Fund, while for the interim period, it declared 0.4 sen per unit for Paciific Cash Fund.
The total distributions to be paid out amount to RM15.4 million.
In a statement yesterday, Pacific Mutual said these translated into yields of 9.8%, 10.7%, 6.4%, 4.8% and 0.8%, respectively, based on the net asset value per unit of the funds prior to the distribution.
“We are generally pleased to be able to offer consistent payouts to our investors, despite trying market conditions,” said Gary Gan, general manager, business development and marketing of Pacific Mutual, adding that the payouts were possible due to the respectable returns generated and prudent downside risk management achieved by the funds.
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, April 3, 2008
Pacific Mutual distributes RM26m
TheEdge
PETALING JAYA: Pacific Mutual Fund Bhd (PMFB) has announced income distributions of six sen per unit for Pacific Pearl Fund, four sen per unit for Pacific Dana Aman, 1.5 sen per unit for Pacific Dana Murni and 2.8 sen per unit for Pacific Asia Brands Fund for the year ended March 31, 2008.
It also declared a distribution of 0.4 sen per unit for Pacific Cash Fund for the interim period ended March 31. In a statement yesterday, PMFB said the distributions totalled RM26.09 million for the investors and translated into a yield of between 0.8% and 7.9%.
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.
PETALING JAYA: Pacific Mutual Fund Bhd (PMFB) has announced income distributions of six sen per unit for Pacific Pearl Fund, four sen per unit for Pacific Dana Aman, 1.5 sen per unit for Pacific Dana Murni and 2.8 sen per unit for Pacific Asia Brands Fund for the year ended March 31, 2008.
It also declared a distribution of 0.4 sen per unit for Pacific Cash Fund for the interim period ended March 31. In a statement yesterday, PMFB said the distributions totalled RM26.09 million for the investors and translated into a yield of between 0.8% and 7.9%.
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, January 8, 2008
Pacific Mutual’s income distribution
TheStar
KUALA LUMPUR: Pacific Mutual Fund Bhd has announced income distribution for three of its funds for the financial year/interim period ended Dec 31.
The income distribution comprised seven sen per unit for the Pacific Dividend Fund, 2.5 sen per unit for the Pacific AsiaPac Income Fund and 0.4 sen per unit for the Pacific Cash Fund. – 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: Pacific Mutual Fund Bhd has announced income distribution for three of its funds for the financial year/interim period ended Dec 31.
The income distribution comprised seven sen per unit for the Pacific Dividend Fund, 2.5 sen per unit for the Pacific AsiaPac Income Fund and 0.4 sen per unit for the Pacific Cash Fund. – 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.
Wednesday, October 3, 2007
RM27.5m payout from 5 Pacific Mutual funds
BusinessTimes
PACIFIC Mutual Fund Bhd, the unit trust arm of PacificMas Bhd, will distribute RM27.52 million from five of its funds for financial year ended September 30 2007, benefiting some 16,000 account holders.
The five are Pacific Premier Fund, Pacific Income Fund, Pacific Focus18 Fund, Pacific Cash, and Pacific S&P Global STARS Fund.
Pacific Mutual general manager for business development and marketing Gary Gan said these account holders currently hold 800 million units of the total combined fund size of the five funds.
In a statement, Pacific Premier announced an income distribution of six sen per unit, while Pacific Income, Pacific Focus18, Pacific Cash and Pacific Global STARS declared an income distribution of four sen per unit, five sen per unit, 1.5 sen per unit, and three sen per unit respectively.
Based on the net asset value per unit of the respective funds, the income contribution for Pacific Premier, Pacific Income, Pacific Focus18, Pacific Cash and Pacific S&P Global STARS translate to 6.67 per cent, 6.48 per cent, 6.92 per cent, 2.90 per cent and 5.54 per cent distribution yield respectively.
In terms of locally-oriented equity funds, Gan said the distribution for Pacific Premier, Pacific Income and Pacific Focus18 reflect their strong performance exceeding benchmarks over the year in review.
Pacific Mutual manages 17 funds, of which five are funds with global exposure. As at end of September 2007, it has over 50,000 accounts under its management worth RM1.8 billion.
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.
PACIFIC Mutual Fund Bhd, the unit trust arm of PacificMas Bhd, will distribute RM27.52 million from five of its funds for financial year ended September 30 2007, benefiting some 16,000 account holders.
The five are Pacific Premier Fund, Pacific Income Fund, Pacific Focus18 Fund, Pacific Cash, and Pacific S&P Global STARS Fund.
Pacific Mutual general manager for business development and marketing Gary Gan said these account holders currently hold 800 million units of the total combined fund size of the five funds.
In a statement, Pacific Premier announced an income distribution of six sen per unit, while Pacific Income, Pacific Focus18, Pacific Cash and Pacific Global STARS declared an income distribution of four sen per unit, five sen per unit, 1.5 sen per unit, and three sen per unit respectively.
Based on the net asset value per unit of the respective funds, the income contribution for Pacific Premier, Pacific Income, Pacific Focus18, Pacific Cash and Pacific S&P Global STARS translate to 6.67 per cent, 6.48 per cent, 6.92 per cent, 2.90 per cent and 5.54 per cent distribution yield respectively.
In terms of locally-oriented equity funds, Gan said the distribution for Pacific Premier, Pacific Income and Pacific Focus18 reflect their strong performance exceeding benchmarks over the year in review.
Pacific Mutual manages 17 funds, of which five are funds with global exposure. As at end of September 2007, it has over 50,000 accounts under its management worth RM1.8 billion.
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.
Wednesday, September 12, 2007
Pacific Mutual launches global fund - Investments based on GDP expectations of countries
TheStar
PETALING JAYA: Bullish on the global economic outlook, Pacific Mutual Fund Bhd yesterday launched a global fund, Pacific ADVANTAGE GDP Momentum Fund, that invests based on the gross domestic product (GDP) of a country.
Chief executive officer and chief investment officer Michael Auyeung told StarBiz the fund’s uniqueness was that it searched beyond traditional stock market valuations and index-weighted methods to build its portfolio.
“The fund will analyse and take into consideration the GDP size and growth momentum of countries and regions it invests in, rather than merely looking at market value or capitalisation,” he said.
The fund does not target pre-set sectors, industries or regions but has a continuous flexible investment allocation seeking better potential returns by investing in diversified securities based on present and future GDP expectations.
GDP momentum-based research, however, the same portfolio would be heavily weighted into stocks from US, Japan, China, Germany, France, Russia and even Eastern Europe.
The benefits of such an investment philosophy is that it is more diversified across different global regions, thus risk is less concentrated.
The fund also had an additional feature, whereby to maintain capital stability and minimise the potential adverse effects of foreign exchange risks, it would also invest a significant portion in local fixed income instruments, Auyeung added.
This combination, he said, was an important feature for investors today in light of increased volatility in global equities, especially during the sharp market corrections at end-February and early August.
The fund would be distributed by HSBC Bank Malaysia Bhd and is available at all of the bank’s branches nationwide.
The external investment manager for the offshore equity portion of the fund is HSBC Investments (S) Ltd, which is part of the HSBC Group Investment Businesses.
As at end-May, the HSBC Group Investment had total assets of US$339bil, of which the Singapore office contributes S$4.5bil.
The fund, which has an approved fund size of 600 million units (RM300mil), is currently being offered at the net asset value (NAV) per unit of 50 sen plus a service charge of up to 5% of NAV per unit during the offer period ending Sept 23.
Pacific Mutual currently manages a total of 17 funds, including Pacific ADVANTAGE GDP Momentum Fund.As at end-August, the company has over 54,000 accounts under management worth more than RM1.6bil.
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.
PETALING JAYA: Bullish on the global economic outlook, Pacific Mutual Fund Bhd yesterday launched a global fund, Pacific ADVANTAGE GDP Momentum Fund, that invests based on the gross domestic product (GDP) of a country.
Chief executive officer and chief investment officer Michael Auyeung told StarBiz the fund’s uniqueness was that it searched beyond traditional stock market valuations and index-weighted methods to build its portfolio.
“The fund will analyse and take into consideration the GDP size and growth momentum of countries and regions it invests in, rather than merely looking at market value or capitalisation,” he said.
The fund does not target pre-set sectors, industries or regions but has a continuous flexible investment allocation seeking better potential returns by investing in diversified securities based on present and future GDP expectations.
GDP momentum-based research, however, the same portfolio would be heavily weighted into stocks from US, Japan, China, Germany, France, Russia and even Eastern Europe.
The benefits of such an investment philosophy is that it is more diversified across different global regions, thus risk is less concentrated.
The fund also had an additional feature, whereby to maintain capital stability and minimise the potential adverse effects of foreign exchange risks, it would also invest a significant portion in local fixed income instruments, Auyeung added.
This combination, he said, was an important feature for investors today in light of increased volatility in global equities, especially during the sharp market corrections at end-February and early August.
The fund would be distributed by HSBC Bank Malaysia Bhd and is available at all of the bank’s branches nationwide.
The external investment manager for the offshore equity portion of the fund is HSBC Investments (S) Ltd, which is part of the HSBC Group Investment Businesses.
As at end-May, the HSBC Group Investment had total assets of US$339bil, of which the Singapore office contributes S$4.5bil.
The fund, which has an approved fund size of 600 million units (RM300mil), is currently being offered at the net asset value (NAV) per unit of 50 sen plus a service charge of up to 5% of NAV per unit during the offer period ending Sept 23.
Pacific Mutual currently manages a total of 17 funds, including Pacific ADVANTAGE GDP Momentum Fund.As at end-August, the company has over 54,000 accounts under management worth more than RM1.6bil.
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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