CMS Trust declares Income Distributions for 4 Funds

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Kuala Lumpur, 5 January 2010– CMS Trust Management Berhad (CMST) has declared income distributions for four of its funds for the financial year ended December 31, 2009. The funds involved are the CMS Premier Fund, CMS Balanced Fund, CMS Islamic Fund and CMS Islamic Balanced Fund.

Its equity growth funds, CMS Premier Fund and CMS Islamic Fund, declared a gross distribution of 5.38 sen per unit and 6.70 sen per unit respectively. Unit holders of balanced funds, CMS Balanced Fund and CMS Islamic Balanced Fund, will receive 5.26 sen per unit and 5.64 sen per unit distribution respectively.

Based on the units’ Net Asset Value (NAV) prior to the distribution, the gross yield for investors is 12.03% for CMS Premier Fund, 11.87% for CMS Balanced Fund, 11.69% for CMS Islamic Fund and 11.89% for CMS Islamic Balanced Fund.

CMS Trust’s General Manager and Head of Marketing, Sales & Client Services, Simon Chow, remarked that the Company was pleased to declare income distributions for the four funds despite the jittery and challenging market conditions over the past year. The distribution was made possible due to CMS Trust’s fund managers’ strategic asset allocation and smart stock-picking. “Our funds have continued to deliver regular and above-average returns for our faithful and long-term investors even in the recent unprecedented global economic crisis”, Simon Chow said.

“Moving forward, our equity strategy will be to switch component stocks into those which have corrected significantly and provide a higher long-term value. We believe in investing for the longer term. Stock components in our portfolio will continue to reward unit-holders by having a strong management team and a solid business model”, added Simon Chow.

According to the Lipper Fund table as at 31 December 2009, CMS Premier Fund, CMS Balanced Fund, CMS Islamic Fund and CMS Islamic Balanced Fund generated a one year return of 30.98%, 27.10%, 30.85% and 21.46% respectively for the period ended 31 December 2009.

Unit holders of the 4 funds as at 31 December 2009 will be entitled to enjoy this income distribution. Unit holders who wish to opt for a cash-out will receive their mailed cheques by mid-January 2010.

CMS Trust Management Berhad currently manages 9 unit trust funds, including 8 local funds and 1 Asia Pacific fund. It also manages private funds under its asset management business. Its funds can be purchased nationwide from the Company’s offices, licensed unit trust agents and local branches of preferred banks.