Declaration of unit split for Eastspring Investments Small-cap Fund

Eastspring Investments Berhad is pleased to announce a 1:1 unit split for existing unit holders of the Eastspring Investments Small-cap Fund (“Fund”).  Unit holders who have maintained their holdings up to 20 September 2013 will be entitled for this unit split.  This will be the first unit split exercise for the Fund since its inception.

The Fund has demonstrated considerable strength in its performance and a sustainable appreciation in value for its unit holders since its inception in 2001 (please see table below).  As at 30 August 2013, the Fund’s Net Asset Value (NAV) per unit stood at RM1.8642.

This 1:1 unit split would lower the price of the Fund’s NAV per unit approximately by half, making it more affordable for investors.

Source: Lipper for Investment Managers as at 31 August  2013. Past performance is not necessarily indicative of future performance.

With this unit split, investors will receive 1 unit for every 1 unit held, while maintaining the value of their holdings. Where a unit split is declared, the Fund’s Net Asset Value (NAV) per unit will be reduced from pre-unit split NAV to post-unit split NAV following the issue of additional units.  The value of their investment in Malaysian Ringgit will remain unchanged after the unit split.