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ASM Investment Services Berhad (ASM Investment) has declared for unit splits for ASM Syariah Aggressive Fund, ie; 1 unit for every 10 units held. which means that all investors of ASM Syariah Aggressive Fund as at financial year ended 15 July 2007 will receive 1 additional unit for every 10 units held.
ASM Syariah Aggressive, previously known as Kumpulan Modal Bumiputera Yang Keenam was launched in 1972 for Bumiputera investors only and in May 2005 it was relaunched as a syariah fund and open to all races. ASM Syariah Aggressive is targetting to investors who seek high capital return at an acceptable level of risks over medium to long term period of time. ASM Syariah Aggressive Fund is categorised as an equity (syariah) growth fund.
The Chief Executive Officer, ASM Investment, Izaddeen Daud, said ‘within one year, ASM Syariah Aggressive achieved 38.82% capital growth based on its NAV of RM0.4341 per unit on 16 July 2006 and its closing NAV price of RM0.6026 per unit on 15 July 2007. This is equivalent to an increase of RM0.1685 per unit’.
ASM Investment is a wholly-owned subsidiary of Amanah Saham Mara Berhad, one of the pioneers in the nation’s unit trust management industry. Currently, ASM Investment manages 15 unit trust funds of which five are open to Bumiputera and 8 funds to other races and one special unit trust fund for TNB called Amanah Saham Pekerja-pekerja TNB. ASM Investment is an approved Institutional Fund Management Company for EPF Investment Scheme and Institutional Unit Trust Agent.
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