M E D I A S T A T E M E N T
PMB INVESTMENT DECLARES MONTHLY DISTRIBUTIONS FOR 2 MONEY MARKET FUNDS
PMB Investment Berhad, a member of Pelaburan MARA Berhad group, has declared income distributions for its two money market funds, PMB Shariah Wholesale Income Fund 1 (PMB SWIF1) and PMB Shariah Cash Management Fund (PMB SCMF), for the month of October 2015.
PMB Shariah Wholesale Income Fund 1 (PMB SWIF1) declared a monthly income distribution of 0.22 sen nett in the form of units. As for PMB SCMF, the Fund declared a monthly income distribution of 0.10 sen nett in the form of units for the month with its ex-income distribution NAV per unit adjusted to RM0.5051.
All unit holders of the respective funds on the register at the close of 31 October 2015 were entitled to the distribution in the form of new units.
PMB SWIF1, a wholesale Shariah money market fund suitable for qualified investors, aims at providing investors with regular income stream and maintain the Fund's NAV per unit at RM 1.00. PMB SCMF is a money market unit trust fund suitable for low-risk institution, corporate and retail investors. Both funds are alternatives to deposit placements with tax incentives and consistent level of returns.
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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