“Two things will affect the distribution of the fund, first is the mandate if it allows the funds to distribute all the realised income or is it subject to the funds performance which means they cannot declare, ” CEO of asset management company Areca Capital Sdn Bhd Danny Wong (pic) told StarBiz.
PETALING JAYA: Some unit trust and asset management firms are paying lower gross distribution or returns to their investors, despite stock markets having largely returned to their pre-Covid-19 levels.
According to the latest information that was made public in the last week, returns for some of the equity funds: the funds that invest in stock markets whether locally or globally had seen distribution returns reduced.
