HLG Unit Trust Bhd Declares Cash Distribution For HLG Blue Chip Fund
HLG Unit Trust Bhd is proud to announce a gross cash distribution of 3.0 cents per unit for HLG Blue Chip Fund to respective unitholders as at August 31 2005.
“We are very proud of the achievements of our HLG Blue Chip Fund, for which we have received favourable responses from our investors since inception.” said Richard Lin, Executive Director / Chief Executive Officer of HLG Asset Management Sdn Bhd. “We strive to better serve our investors by aiming to consistently outperform benchmarks of our funds,” said Lin.
HLG Blue Chip Fund was launched in April 26 1999. The objective of HLG Blue Chip Fund is to achieve capital gains through investments in well-capitalised (market capitalisation of above RM300 million) and financially sound “blue chip” stocks over the medium to long-term period. As at August 31 2005, the total fund size of HLG Blue Chip Fund is RM68.64 million with 159.14 million units in circulation.
About HLG Unit Trust Bhd
Incorporated on October 5 1994, HLG Unit Trust Bhd is an established unit trust management company, and a member of the Hong Leong Group Malaysia. Its core business is the management of unit trust funds.
Here at HLG Unit Trust Bhd, everything we do reflects our tagline “Making Opportunities Work”. Making opportunities work is central to what we do. In the world of investment, it is all about being able to spot the right opportunities and at HLG Unit Trust Bhd, we strive to make them work for our investors.
Today, the company manages 15 unit trust funds, which are distributed nationwide through multiple channels. Direct and channel distribution activities are supported by the HLG Unit Trust Bhd’s strategic nationwide sales support infrastructure. This includes our headquarters in Kuala Lumpur and six sales support offices nationwide in Kuala Lumpur, Ipoh, Penang, Johor Bahru, Kuching and Kota Kinabalu.
As at August 31 2005, HLG Unit Trust Bhd manages 15 unit trust funds with a combined total fund size of RM 1.82 billion.
For further clarification, kindly contact:
Christine Ang Bee Leng
Head of Marketing & Communications
Tel: 603-2733 2500 / 28 Ext: 6843
Mobile: 012 2010 302
Email: blang@hlgs.hongleong.com.my
Or
Michelle Wong
Marketing & Communications Executive
Tel: 603: 2733 2500 / 28 Ext: 6305
Email: hlwong@hlgs.hongleong.com.my