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Monday 5 January 2009, Kuching – Unit trust company CMS Trust Management Berhad today announced generous income distributions for 4 of its nine funds for the financial year ended 31 December 2008.
Equity growth funds, CMS Premier Fund and CMS Islamic Fund, will be distributing 3.4 sen and 4.4 sen respectively. Unit-holders of CMS Balanced Fund and CMS Islamic Balanced Fund will receive income distributions of 3.9 sen and 4.4 sen per unit respectively.
According to Simon Chow, CMS Trust’s Head of Marketing & Client Services, “Despite volatility in the stock market during 2008, CMS Trust is committed to providing our unit-holders with consistent returns. This is demonstrated by our distribution of up to 9% yield for our growth funds and up to 10% for our balanced funds. These income distributions are generous and considerably higher than normal. It’s our way of saying Thank You to loyal investors of CMS Trust who have been with us through thick and thin”.
Registered unit-holders of the 4 funds as at 31 December 2008 are entitled to enjoy the dividend income distributions. Unit-holders who wish to opt for a cash-out will receive their mailed cheques by mid-January 2009.
When asked about the market outlook for 2009, Simon Chow added, “Confidence should return to the markets within 6 to 9 months if economic stimulus efforts by governments around the world are aggressively implemented and supported by the private sector. Investing in a unit trust is for the medium to long-term. Our advice to investors is to invest regularly so that you can be there when the financial markets eventually rebound.”
CMS Trust currently manages 9 funds. Of these, CMS Premier Fund and CMS Islamic Fund have been consistent winners for investors and have received recognition for their performance both locally and internationally.
CMS Premier Fund won the Best Equity Malaysia Fund for 10-year period at The Edge-Lipper Malaysian Fund Awards 2008.
On the international front, CMS Islamic Fund was named the Best Malaysian Fund for the 1-year period and 3-year period at the 3rd Annual Failaka Islamic Fund Awards 2008 presented in Dubai last April.
Regionally, CMS Trust was recognized by reknown financial publication AsianInvestor at its 2008 Investment Performance Awards for the company’s performance in the Malaysian Islamic Equities 5-year performance category.
CMS Trust Management Berhad is a subsidiary of Malaysian Main Board-listed conglomerate Cahya Mata Sarawak Berhad. Established in 1995, CMS Trust Management is the first unit trust management company to be based in Sarawak. Its funds can be purchased nationwide from the company’s local offices, financial agents and local branches of selected banks. For more on CMS Trust Management Berhad, visit www.cmstrust.com.my.
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