MALAYSIA: MAAKL Mutual has announced a gross distribution of 3.75 Malaysia sen (1.18 US cents) per unit for its Islamic equity income fund, MAAKL Al-Fauzan, for the financial year ended the 30th September 2011.
The distribution has a yield of 10.15% and is eligible to all unit holders who have maintained their units in the fund as at the 30th September.
According to the Lipper global fund database, the fund delivered a three and five-year return of 31.99% and 68.06% respectively.