HLG Unit Trust Bhd announces a gross cash distribution of 6.0 cents per unit for HLG Dana Makmur, 2.5 cents per unit for HLG Balanced Fund and 6.0 cents per unit for HLG Dana Maa’rof as at September 30 2004.
KUALA LUMPUR – Oct 4 : HLG Unit Trust Bhd (HLG UT) is proud to announce a gross cash distribution of 6.0 cents per unit for HLG Dana Makmur, 2.5 cents per unit for HLG Balanced Fund and 6.0 cents per unit for HLG Dana Maa’rof to respective unitholders as at September 30 2004.
“We are very proud of the achievements of our HLG Dana Makmur, HLG Balanced Fund and HLG Dana Maa’rof, for which we have received favourable responses from our investors since inception.” said Richard Lin, Executive Director / Chief Executive Officer of HLG Asset Management Sdn Bhd. “We hope that the cash distribution for HLG Dana Makmur, HLG Balanced Fund and HLG Dana Maa’rof will benefit our investors. We strive to better serve our investor by aiming to continuously outperform the benchmarks of our funds,” said Lin
HLG Dana Makmur is an Islamic equity fund. Launched on November 12 2001, HLG Dana Makmur’s primary objective is to achieve consistent capital growth over the medium to long term by investing strictly in accordance with Syariah principles. As at September 27 2004, the total fund size for HLG Dana Makmur is RM21,257,860 with 36,147,000 units in circulation.
HLG Balanced Fund, as its name denotes is a balanced fund. HLG Balanced Fund was launched on April 29 2002, where its main objective is to achieve regular income and consistent capital growth over the medium to long term by investing into a diversified investment portfolio containing a “balanced” mixture of equities and fixed income securities. As at September 27 2004, HLG Balanced Fund’s total fund size is RM162,694,675 with 325,719,000 units in circulation.
HLG Dana Maa’rof, launched in March 25 2003, is primarily an Islamic balanced fund. The fund invests in a mixture of equities and fixed-income securities such as money-market instruments, private debt securities (“PDS”) and government bonds. All investments must strictly adhere to Syariah principles. As at September 27 2004, HLG Dana Maa’rof’s total fund size is RM8,446,842 with 15,468,000 units in circulation.
About HLG Unit Trust Bhd
Incorporated on October 5 1994, HLG Unit Trust Bhd is an established unit trust management company, and a member of the Hong Leong Group Malaysia. Its core business is the management of unit trust funds.
Here at HLG Unit Trust Bhd, everything we do reflects our tagline “Making Opportunities Work”. Making opportunities work is central to what we do. In the world of investment, it is all about being able to spot the right opportunities and at HLG Unit Trust Bhd, we strive to make them work for our investors.
Today, the company manages 13 unit trust funds, which are distributed nationwide through multiple channels. Direct and channel distribution activities are supported by the HLG Unit Trust Bhd’s strategic nationwide sales support infrastructure. This includes our headquarters in Kuala Lumpur and six sales support offices nationwide in Kuala Lumpur, Ipoh, Penang, Johor Bahru, Kuching and Kota Kinabalu.
As at September 27 2004, HLG Unit Trust Bhd manages 13 unit trust funds with a combined total fund size of RM 1.38 billion. #