TheEdge
KUALA LUMPUR: OSK-UOB Unit Trust Management Bhd (OSK-UOB) has declared distributions of between 0.1775 sen and 10.4710 sen per unit for five of its funds.
In a statement yesterday, OSK-UOB said for the six months to March 31, 2008, it declared a gross distribution of 5.5201 sen per unit for OSK-UOB Smart Treasure Fund and 5.6784 sen per unit for OSK-UOB Smart Balanced Fund giving investors a yield of 6.0% and 6.9%, respectively.
For the 10 months to March 31, 2008, OSK-UOB declared a gross distribution of nine sen per unit for OSK-UOB KidSave Trust and 10.4710 sen per unit for OSK-UOB Emerging Opportunity Unit Trust, giving yields of 13.5% and 12.9%, respectively.
It also declared a final net distribution of 0.1775 sen per unit for its OSK-UOB Institutional Islamic Money Market Fund bringing the total paid out to 1.8095 sen per unit for the five to March 31, equivalent to a yield of 4.34% per annum.
OSK-UOB chief executive officer Ho Seng Yee said: “Moving forward, we are confident that we will continue to provide our investors with a consistent and regular stream of distributions in the coming year, including for our other funds under our management”.
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