We are pleased to be able to declare income distribution for our investors

“We are pleased to be able to declare income distribution for our investors who have steadfastly held onto their investments despite the volatile market in the past two years. Their patience in outriding the market downturn has paid off now that the domestic market has picked up momentum again,” Sharifatul Hanizah Said Ali, the Managing Director of FIU Investment Management Sdn Bhd said.

She also added that based on Lipper Hindsight dated 12 February 2011, the FIU GoldenLife Today has generated a one-year return of 9.78%, the RHB GoldenLife 2020 a one-year return of 20.08%, the FIU GoldenLife 2030 a one-year return of 24.18%, the FIU Mudharabah Fund a one-year return of 17.06% and the FIU Dynamic Fund a one-year return of 23.73% for the period ended 31 January 2011.

Listed in the first Quartile of the Lipper’s ranking for the one-year performance ended 31 January 2011, the FIU GoldenLife Today declared a gross distribution of 3.80 sen per unit or a gross distribution yield of 6.1449%, the FIU GoldenLife 2020 declared a gross distribution of 4.00 sen per unit or 5.4025% gross distribution yield, the FIU GoldenLife 2030 declared a gross distribution of 4.50 sen per unit or 5.5514% gross distribution yield and a gross distribution of 5.00 sen per unit or a gross distribution yield of 6.2602% for the FIU Mudharabah Fund. The gross distribution yield for these funds is based on the average Net Asset Value (NAV) per unit of the funds from 1 March 2010 to 31 December 2010.

A week earlier, the FIU Dynamic Fund declared a gross income distribution of 5.50 sen per unit and a gross distribution yield of 5.1397% based on the average NAV per unit from 1 January 2010 to 31 December 2010.

With risks ranging from conservative to aggressive, the three FIU GoldenLife Funds practise a flexible asset allocation strategy within the respective funds’ constraints, enabling it to move quickly within the asset classes (equities, fixed income and cash) to suit market cycles and conditions. While the FIU Mudharabah Fund is a moderate risk fund that invests in a balanced mix of sukuks and equity investments that are Shariah-based, the FIU Dynamic Fund is an aggressive fund that seeks regular income and capital gain through investments in local public listed companies with steady and good growth potential.

FIUIM is a wholly-owned subsidiary of FIU Investment Bank, under the Corporate and Investment Banking arm of the FIU Banking Group, and currently has a stable of 28 retail funds.

Issued on behalf of FIU Investment Management by the Corporate Communications Division, FIU Capital Services. For more information, please call Shah Yaman at 012-9161275