There're two reasons:

1. KLCI has been swinging volatility and fund manager decided not to invest heavily for the mean time.
2. Fund house is still scouting for potential for asset allocation and not much investment is done.

Statement and distribution receipt are different. At least for Public Mutual.

CIMB Principal sends out monthly statement. FSM also emails monthly statement. Public Mutual sends statement twice a year.

Compared to when?

There was a distribution declared on March 12, 2012 and NAV adjusted to 0.6164 (as of March 14, 2012).

As of today, the NAV is at 0.6189.

0.6180? I thought NAV from AmBank website and FSM show 0.6189 for April 18, 2012.

Where you get the NAV from?

This post has been edited by David83: Apr 19 2012, 11:43 PM

Your apps is great. Got most recent NAV.

I just checked FSM page and it is indeed dropped to 0.6180 for April 19, 2012.

If you're looking higher return, obviously equity fund will offer higher return. You cannot compare it with a bond fund.

What AmDynamic can offer based on the past 3 years is a decent moderate return.

Kenanga fund buys planters, consumer stocks

Kenanga Growth Fund, with assets of RM59 million (US$19 million) as of March 31, favors companies including Dutch Lady Milk Industries Bhd and Nestle (Malaysia) Bhd, Chen Fan Fai, investment director at Kenanga Investors Bhd, said in an interview in Kuala Lumpur on April 23. The fund beat 370 other Malaysian equity mutual funds in the past year with an 18 percent return, according to data compiled by Bloomberg. Dutch Lady has doubled in the past year, outpacing the FTSE Bursa Malaysia KLCI Index’s 3.9 percent gain

Read more: Kenanga fund buys planters, consumer stocks http://www.btimes.com.my/Current_News/BTIM...l#ixzz1t29sG5Q7

AmMutual declares income distributions

AmMutual has declared income distributions totalling RM25.66 million for four of its funds, comprising bond and equity funds.

AmInvestment Bank in a statement here today said AmDynamic Bond declared an interim income distribution of two sen for its financial year, recording a growth of 11.8 per cent for the past year and almost doubling its benchmark of six per cent.

Over the last five years, the fund has consistently outperformed its benchmark with a total return of 51.8 per cent, against the benchmark of 23.6 per cent.

It was also the top performing bond fund over three-year and five-year periods ending Dec 31, 2011 at The Edge-Lipper Malaysia Fund Awards 2012.

This is the sixth year in a row that AmDynamic Bond has received the award for the three-year performance category, while it has won the award for the five-year performance category for four years in a row.

Since inception in 2003, the fund has produced returns of 113.6 per cent, which translates to returns of 9.4 percent annually.

Meanwhile, AmBond’s total income distribution for the year of three sen (inclusive of the above income distribution of 1.5 sen) represents a yield of 2.6 per cent.

AmBond is best suited for investors who require regular income and have medium to long-term investment goals. Its total growth over five years was 29.6 per cent, surpassing its benchmark of 23 percent by 6.6 per cent.

AmConstant Multi Maturity, a five-year close-ended bond fund, declared its first income distribution of four sen per unit, which represents a yield of four per cent per annum based on the Initial Offer Price of RM1 per unit, exceeding its benchmark of 2.85 per cent.

It aims to provide regular income from three investment portfolios comprising local and/or foreign bonds with varying maturity profiles.

Another fund, AmTotal Return, has declared income distribution for the year of two sen per unit, which represents a yield of 2.78 per cent.

The fund, which is a medium to long-term investment, has produced double-digit one-year returns amounting to 11.9 per cent, outperforming its benchmark of six per cent. -- Bernama

Read more: AmMutual declares income distributions http://www.btimes.com.my/Current_News/BTIM...l#ixzz1uHSrn4r7

S&P GSCI index erased this year gain.

URL: http://www.bloomberg.com/news/2012-05-08/c...dim-demand.html

Broader market is generally weaker but the general election hype is spooking the local bourse.

Just wait until the Greece election in mid June over first.

@hafiez, what is CWA stands for?

CIMB Principal Asset Management?

EPF releases list of approved funds, FMIs for 2012/2013

URL: http://www.theedgemalaysia.com/business-ne...-20122013-.html

Amanah Mutual declares fund payouts

KUALA LUMPUR: Amanah Mutual Bhd (AMB) has announced a gross distribution of 3.88 sen per unit for AMB Dividend Trust Fund and 2.50 sen per unit for AMB Dana Yakin for the financial year ended April 30, 2012.

Read more: Amanah Mutual declares fund payouts http://www.btimes.com.my/Current_News/BTIM...l#ixzz1wXXKzQVY

Doesn't really matter. The fund may look cheaper but if you did hold this fund, you'll notice that your on-hand units have doubled in quantity.

It may attract new buyer only!

This post has been edited by David83: Jun 1 2012, 08:26 PM

They're investing heavily into corporate security papers with different ratings.

No need linking of your bank account.

You make your payment using Internet banking like FPX concept.

Good time to buy Kenanga Growth fund?

OSK-UOB unveils new fund
KUALA LUMPUR: OSK-UOB Investment Management Bhd, a subsidiary of OSK Investment Bank Bhd, launched yesterday its latest fund, the OSK-UOB Asian Income Fund.

Read more: OSK-UOB unveils new fund http://www.btimes.com.my/Current_News/BTIM.../#ixzz1wwe2oiIT