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CIMB-Principal Pays Out RM43.74 Million in Distributions for 12 Funds
31 January 2012

Kuala Lumpur: CIMB-Principal Asset Management Berhad (“CIMB-Principal”) has declared RM43.74 million in income distributions for 12 of its unit trust funds in December 2011, despite the extreme swing in market sentiments throughout last year.

Total gross distributions declared in December 2011 are as follows:

Fund
Gross Distribution / Unit (Sen)
Fixed Income
 
CIMB-Principal Bond Fund
4.10
CIMB-Principal Strategic Bond Fund
3.65
CIMB-Principal Institutional Bond Fund 2
0.60
CIMB-Principal Institutional Bond Fund 4
0.32
 
 
Equity Funds
 
CIMB Islamic Equity Aggressive Fund
3.15
 
 
Mixed Assets Funds
 
CIMB-Principal Balanced Fund
2.62
CIMB Islamic Balanced Growth Fund
1.86
 
 
Money Market
 
CIMB Islamic Money Market Fund
0.18
CIMB-Principal Deposit Fund
0.23
CIMB Islamic Deposit Fund
0.23
CIMB-Principal Wholesale Deposit Fund 1
0.28
CIMB-Principal Corporate Deposit Fund 1
0.32

Campbell Tupling, Chief Executive of CIMB-Principal said, “It was a challenging start last year as we had to overcome many uncertainties in the global market. Some of these significant events are still not completely over as we enter 2012. However, the Asian markets had proven to be somewhat resilient and we believe that these markets will continue to adjust to challenges as well as opportunities for this coming year.”

“This year we are looking at leveraging on our regional presence in ASEAN and our local expertise to accelerate further growth within the company, thus, creating new investment opportunities for investors,” Tupling added.

As at 31 December 2011 (for 1-year performance), CIMB-Principal Bond Fund is ranked in the 2nd Quartile of the Lipper league table in the fixed income category. The fund gave a gross distribution of 4.1 sen per unit, or a distribution yield of 3.56%. The Company also declared a gross distribution of 3.65 sen per unit or a distribution yield of 3.34% for CIMB-Principal Strategic Bond Fund.

In the equity funds category, investors of CIMB Islamic Equity Aggressive Fund received a gross distribution of 3.15 sen per unit or a distribution yield of 4.36%. As an aggressive fund, this fund is managed with higher risk and it anticipates giving potentially higher returns over the long-term.

Meanwhile, CIMB Islamic Money Market Fund declared a gross distribution of 0.18 sen per unit and is ranked in the 1st Quartile as at 31 December 2011 (1-year performance). This Fund aims to provide investors with liquidity and regular income, while maintaining capital stability by investing primarily in money market instruments that conform with Shariah principles. Investors of CIMB-Principal Wholesale Deposit Fund 1, a fund which is also listed in the 1st Quartile for the same period, received a gross distribution of 0.28 sen per unit or a distribution yield of 0.28%.

Additionally, the CIMB-Principal Balanced Fund which invests in a diversified mix of Malaysian assets, declared a gross distribution of 2.62 sen per unit or a distribution yield of 6.44%. This fund is ranked in the 1st Quartile as at 31 December 2011.

CIMB Islamic Balanced Growth Fund declared a gross distribution of 1.86 sen per unit and shown a distribution yield of 3.14%. This fund is also ranked in the 1st Quartile as at 31 December 2011 (1-year performance).

To date, CIMB-Principal has a total of 54 unit trust funds (21 are Shariah-compliant), six wholesale funds and two Exchange-Traded Funds (ETFs). The company is also one of the largest institutional money managers in Malaysia. As of 31 December 2011, its total assets under management (AUM) stood at RM30.30 billion.

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