Tuesday, November 25, 2008

AmConservative declares payout

BusinessTimes

AMMUTUALS AmConservative has declared an interim income distribution of one sen per unit for the financial year ending April 2009.

This represented a yield of two per cent investment return based on the net asset value per unit of RM0.4881 as at April 30 2008, said AmInvestment Group in a statement.

AmConservative aims to preserve capital and provide a stream of income by having a bigger exposure to fixed-income investments than equities, it said. - Bernama


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