top of page

EASTSPRING INVESTMENTS ANNOUNCES MAIDEN INCOME DISTRIBUTION FOR TARGET INCOME FUND 4

  • seranggonroad
  • Nov 2, 2016
  • 1 min read

StartFragmentKUALA LUMPUR, Oct 31 (Bernama) -- Eastspring Investments Bhd has announced a maiden income distribution of 5.92 sen per unit for Eastspring Investments Target Income Fund 4.

The fund was launched on Aug 25 last year.

Chief Executive Officer Raymond Tang said in a statement today, the fund's performance was attributed to the company fund managers’ disciplined investment strategy.

He said the five-year close-ended bond fund endeavours to provide regular income during its tenure by investing in local or foreign bonds.

"In the current low interest rate environment, investors continue to chase for yields, which results in strong demand for close-ended bond funds that potentially offer higher returns than fixed deposits," he added.

Tang said all unit holders who maintained their holdings in the funds as at Oct 28 would be entitled to the income distribution.

The fund is managed by Eastspring Investments (Singapore) Ltd.

-- BERNAMA

EndFragment

 
 
 

コメント


Featured Posts
Check back soon
Once posts are published, you’ll see them here.
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
  • Facebook - White Circle
  • Pinterest - White Circle
  • Instagram - White Circle

© 2023 by Jade&Andy. Proudly created with Wix.com

bottom of page