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WEALTH MANAGEMENT | Cesar Tordesillas, Malaysia

TA Investment declares income distribution for growth fund

A gross income distribution of four sen per unit for has been declared for TA Growth Fund unitholders registered as of June 29, 2012.

TA Investment Management Bhd said it was cautiously optimistic of future market growth amid the prolonged debt crisis in Eurozone and the slow economic recovery in the United States.

The fund manager said it aimed to achieve steady income and capital growth over the medium to long-term period for its unitholders by investing in the strong economic growth of the country.

"Market volatility will continue to persist in the coming months. We will continue to hold quality blue chip stocks with good corporate governance and significant upside growth potential," it said.

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