KUALA LUMPUR, Malaysia, Oct. 1, 2015 /PRNewswire/ -- Pacific Mutual Fund Bhd, an investment management company under the OCBC Group, with internal resources to manage both local and global investments for its clients, announced income distributions for three funds, amounting to RM14.6 million.
Investors of the following funds are set to receive these income distributions for the financial year ended 30 September 2015:
| Pacific Premier Fund |
- |
5.50 sen per unit |
| Pacific Income Fund |
- |
3.00 sen per unit |
| Pacific Cash Fund |
- |
0.40 sen per unit (quarterly distribution) |
| (total 1.30 sen per unit annual distribution) |
According to Pacific Mutual's CEO, CIO and Executive Director, Teh Chi-cheun, "These distributions translate to yields ranging 6-9% for the equity mandates. The local equity bourse posed a double-digit loss for the corresponding period. Prudent risk/return management by the Funds and well-researched investment moves by the fund managers prove that there is respectable returns to realise from volatile market conditions."
PACIFIC MUTUAL FUND BHD is a subsidiary of Lion Global Investors Limited (formerly known as Lion Capital Management Limited), a company incorporated in Singapore since 1986. Both companies are members of the OCBC Group. As at end September 2015, Pacific Mutual manages close to RM1.6 billion on behalf of its unit trust investors and private mandate clients.
MEDIA CONTACT:
Cindy Leong
03 - 7725 9877 ext. 238
cindy@pacificmutual.com.my
Cindy Thean
03 - 7725 9877 ext. 226
cthean@pacificmutual.com.my
