Eastspring Investments declares 2.57 sen income distribution
Published on: Friday, June 24, 2016
Kuala Lumpur: Eastspring Investments Bhd has declared a gross income distribution of 2.57 sen per unit for the Eastspring Investments Target Income Fund 3.This is the second semi-annual income distribution for its second year.In a statement Thursday, Eastspring Investments said all unit holders who have maintained their unit holdings in the fund as at June 21 this year would be entitled to the income distribution.
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"The fund has chartered a return of 11.59 per cent since inception," it said.Eastspring Investments, a leading asset manager in Asia that manages assets of over US$131 billion, said the fund endeavoured to provide regular income during its tenure by investing in local and/or foreign bonds. – Bernama