TheEdge
KUALA LUMPUR: RHB Investment Management Sdn Bhd (RHBIM) has declared a gross distribution of 8.3 sen per unit (or 9.97% yield) for its RHB Mudharabah Fund and 1.55 sen per unit (or 3.87% yield) for its Global Fortune Fund for the financial period ended Feb 29, 2008.
In a statement yesterday, RHBIM managing director Sharifatul Hanizah Said Ali said the income distribution for RHB Mudharabah Fund was the highest since its inception in May 1996, while the yields for both funds were also the highest since their launch.
She said the figures were reflective of a steady performance by the funds despite current difficult and volatile market conditions.
“Moving forward from the merging of RHB Asset Management and RHB Unit Trust into RHB Investment Management on Jan 1, 2008, we are now able to offer our customers an even more integrated and wholesome investment approach.
“We are currently working on several initiatives which are expected to be rolled out from the second quarter onwards this year,” Sharifatul said.
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