KUALA LUMPUR: OSK-UOB Unit Trust Management Bhd has declared an option payout to investors of its OSK-UOB capital protected gold-linked fund.
In a statement, OSK-UOB said the option was issued on the JPMCCI Gold Excess Return Index and upon reaching its second anniversary on June 7, 2010 had generated positive returns resulting in the payout to their investors.
"The option payout gives our investors an 8.19% return. Accordingly, we will be distributing the option returns to our unit holders based on their unit holdings held as at close of business on June 14, 2010. Distribution cheques will be sent to them as soon as possible," OSK-UOB executive director and CEO Ho Seng Yee said.
The OSK-UOB gold-linked fund is a three-year closed-end fund launched in May 2008 which seeks to provide income for investors as well as potential returns via the rise in gold prices.
In a statement, OSK-UOB said the option was issued on the JPMCCI Gold Excess Return Index and upon reaching its second anniversary on June 7, 2010 had generated positive returns resulting in the payout to their investors.
"The option payout gives our investors an 8.19% return. Accordingly, we will be distributing the option returns to our unit holders based on their unit holdings held as at close of business on June 14, 2010. Distribution cheques will be sent to them as soon as possible," OSK-UOB executive director and CEO Ho Seng Yee said.
The OSK-UOB gold-linked fund is a three-year closed-end fund launched in May 2008 which seeks to provide income for investors as well as potential returns via the rise in gold prices.
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