M E D I A S T A T E M E N T
PMB SAF MAKES 8.3% RETURNS DESPITE MARKET DOWN 7.9%
PMB Investment Berhad, a member of Pelaburan MARA Berhad group, has declared income distributions for 3 of its funds, PMB Shariah Aggressive Fund (PMB SAF) for the financial year ended 31 July 2015 and monthly income distributions for PMB Shariah Wholesale Income Fund (PMB SWIF1) and PMB Shariah Cash Management Fund (PMB SCMF).
The PMB SAF declared 2.20 sen nett income distribution in the form of units for the year ended 31 July 2015. Despite the challenges in the equity market where the FBM Shariah Index dropped 7.9% during the 12-month financial year period, PMB SAF managed to register a total return of 8.3% to RM0.5829 per unit from RM0.5384 per unit a year ago, out of which 4.1% is now distributed as income. As a result of the distribution, its net asset value (NAV) per unit as at 31 July 2015 was adjusted to RM0.5609.
For PMB Shariah Wholesale Income Fund 1 (PMB SWIF1), the monthly income distribution declared was 0.28 sen nett in the form of units for the month of July 2015. The money market unit trust fund for PMB Investment, PMB Shariah Cash Management Fund (PMB SCMF), declared a monthly income distribution of 0.10 sen nett in the form of units for the month ended 31 July 2015.
All unit holders of the respective funds on the register at the close of 31 July 2015 were entitled to the distribution in the form of new units.
PMB SAF is an equity growth fund, providing high risk investors an opportunity to earn high capital return over the medium and long term investment in Shariah approved securities listed on the Bursa Malaysia. PMB SWIF1, a wholesale Shariah money market fund suitable for qualified investors, aims to provide investors with regular income stream and maintain the Fund's NAV per unit at RM 1.00. PMB SCMF is a money market fund which is suitable for low-risk institution, corporate and retail investors, looking for alternative to deposit placements with tax incentive and consistent level of return.
PMB Investment Berhad is one of the pioneers in the nation’s unit trust management industry. An Islamic Fund Management Company (IFMC), PMB Investment manages unit trust funds, wholesale funds and portfolio mandates with investments in three major asset classes - equity, sukuk and money market.
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