KUALA LUMPUR: PMB Investment Bhd has announced an 11.40 sen per unit income distribution for the PMB Shariah Growth Fund for the financial year ended Feb 28, 2025.
PMB Investment is an Islamic fund management company (IFMC) under Pelaburan MARA Bhd.
PMB Investment said in a statement today that the fund declared a total gross distribution of RM12.36 million.
"The net asset value (NAV) per unit before the distribution was RM1.6638, adjusted to RM1.5498 after the distribution.
"The distribution, credited based on the ex-date of Feb 28, 2025, represents a yield of 7.02 per cent based on the closing NAV per unit,” it said.
Chief investment officer Hang Tuah Amin Tajudin said the fund continues to demonstrate resilience and strength, delivering an impressive five-year return of 67.47 per cent as of Feb 28, 2025, averaging 13.49 per cent per year over five years.
"This milestone reflects our disciplined investment strategy, prioritising shariah-compliant equities and strategic asset allocation to optimise investor returns.
"We remain committed to identifying high-potential opportunities within robust sectors, ensuring long-term sustainable growth,” he said.
The company added that the PMB Shariah Growth Fund adheres to a well-defined asset allocation strategy, with 80 to 99.5 per cent of its NAV invested in shariah-compliant equities and equity-related securities.
"The remaining portion is allocated across Islamic money market instruments, Islamic deposit placements, sukuk and other permissible shariah-compliant investments.
"The fund’s portfolio is continuously reviewed to adapt to evolving market conditions, considering global, regional and domestic economic landscapes,” it added. - Bernama
