KUALA LUMPUR, June 26 (Bernama) -- Eastspring Investments Bhd has announced the income distribution for four of its existing unit trust funds with the total gross distribution declared for the financial year ended June 30, 2018 amounting to more than RM52.5 million.
The unit trust company said it would pay 4.48 sen per unit gross distribution for Eastspring Investments Equity Income Fund and 4.39 sen per unit for the Eastspring Investments Dynamic Fund.
Meanwhile, it would pay 3.43 sen per unit for the Eastspring Investments Asia Select Income Fund and 2.53 sen per unit for the Eastspring Investments Dinasti Equity Fund.
It said all unit holders who have maintained their unit holdings in the funds as at June 22, 2018 will be entitled to the income distribution.
Chief investment officer (equities), Yvonne Tan, said the funds' stable performance can be attributed to a disciplined investment strategy which is based on fundamental and valuations.
"Almost one month post the 14th general election, the new government has been keeping investors on their toes with lots of information," she said in a statement.
"We remain focused on fundamentally strong companies, and we believe any correction will be a good opportunity to accumulate," Tan added.
-- BERNAMA
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