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RHB declares 3.50 sen payout for 3 funds

June 1st, 2009 · No Comments ·

RHB Investment Management Sdn Bhd has declared an interim income distribution of 3.50 sen gross per unit for its RHB GoldenLife Today (GL Today), RHB GoldenLife 2010 (GL2010) and RHB GoldenLife 2020 (GL2020) funds.

The company also declared a special income distribution for the RHB GoldenLife 2030 (GL2030) at a rate of 5.00 sen gross per unit.

Based on the average net asset value per unit of the funds from March 1 to April 30, 2009, the gross income distribution yield is 5.8636 per cent for the GL Today; 5.5955 per cent for the GL2010; and 6.2825 per cent for the GL2020.

The gross income distribution yield for the GL2030 is 8.4789 per cent, the company said in a statement today.

The RHB GoldenLife funds aimed to provide investors with a steady income stream after retirement, it added.

RHB Investment Management, a wholly-owned subsidiary of RHB Investment Bank, currently has a stable of 25 retail funds.

Tags: Dividend & Income Distributions

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