October 3, 2009

OSK-UOB declares distribution for 3 funds

OSK-UOB Unit Trust Management Berhard (OSK-UOB) has declared interim distribution of 5.666 cents per unit for OSK-UOB Kidsave Trust fund, 5.6275 cents per unit for OSK-UOB Emerging Opportunity fund, and 9.7815 cents per unit for OSK-UOB Smart Treasure fund based on the NAV of the funds on September 30, 2009.

October 2, 2009

Pacific Mutual declares distribution for 5 funds

Pacific Mutual Fund Bhd has declared income distribution of 4 cents per unit for Pacific Premier Fund, 3.3 cents per unit for Pacific Income Fund, 3 cents for Pacific Focus18 Fund, 0.38 cents per unit for Pacific Cash Fund, and 0.1 cents per unit for Pacific Protected Islamic Cash Fund, for the year ending September 30, 2009. These distributions represent a yield of 5.58%, 5.8%, 5.48%, 0.75%, and 0.1% respectively, based on the NAV per unit.

Subscription allocation of AS1M extended

Permodalan Nasional Bhd (PNB) has extended the subscription allocation of AS1M to ethnics group until December 31, 2009. As of September 27, 2009, 2.5 billion units out of 10 billion units have been sold to 165,661 investors.

AS1M is opened for purchased by all Malaysians with 50% quota allocated to Malays, 30% for Chinese, 15% for Indians, and 5% for other ethnic groups.

Income distribution for RHB Bonds

RHB Investment Management has declared income distribution of 3.00 cents per unit and 5.00 cents per unit for RHB Islamic Bond and RHB Bond respectively on September 30, 2009

October 1, 2009

PRUequity Income Fund Distribution - 3.18 cents per unit

Prudential Fund Management Berhad (PFMB) declared 3.18 cents per unit distribution for PRUequity income fund. This distribution is equivalent to 5.39% based on the NAV on 28 September 2009.

The fund has charted a YTD return of 26.67% and recorded a return 33.67% since its inception in October 2004. For full press release statement of the distribution news, please click the link here.

September 30, 2009

Why Should You Invest in Amanah Saham 1Malaysia (AS1M)?

Continuing from previous article, we talked about some of the reasons for the poor response to AS1M from the public. Let's look at the reasons again and here's why i think these reasons are not very important deterrent factors for you to invest in AS1M:

September 28, 2009

Top 3 Reasons for Amanah Saham 1Malaysia (AS1M) Poor Response

Amanah Saham 1Malaysia (AS1M), a 10 billion fixed price unit trust fund, launched by Permodalan Nasional Berhad (PNB) in August, has received very poor response from Malaysians. As of current date, the fund is only 30 - 40% sold out, as compared to some other fixed price unit trust funds like ASM and ASW 2020, when the funds were sold out in a matter of hours.

Based on the feedback that I've gathered, here's the top 3 reasons why Malaysians are not responding well to the AS1M fund:

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