TA Investment declares 2.2 sen per unit distribution for TA Islamic Fund
KUALA LUMPUR: TA Investment Management Bhd has declared a gross income distribution of 2.2 sen per unit for TA Islamic Fund (TAIF).

In a statement, TA Investment said TAIF aims to provide steady capital growth over the medium to long-term period by investing in a portfolio of authorised investments which conform strictly to Shariah principles.

“TAIF has delivered consistent returns to its investors with a five-year total return of 29.74% as of April 30, 2024, outperforming the benchmark FBM Emas Shariah Index which had a return of 2.10% over the same period,” it said.

TA Investment said the Malaysian market has performed well so far this year and appears to have more room for growth moving forward.

“More importantly, government policies and Foreign Direct Investment (FDI) continues to drive interest in the local market. We retain our positive outlook on the market and the fund remains fully invested,” it said.
Investment,TA Investment,TA Islamic Fund
KUALA LUMPUR: TA Investment Management Bhd has declared a gross income distribution of 2.2 sen per unit for TA Islamic Fund (TAIF).