Malaysia’s first equity Exchange Traded Fund (ETF), FTSE Bursa Malaysia (FBM) KLCI etf has declared an interim income distribution of 2.8 sen per unit.
For the financial year ended 31 December 2017, FBM KLCI etf paid out a total of two income distributions totaling 3.3 sen per unit. Income distribution is paid out semi-annually, if any.
In conjunction with the opening of POC2018,
Bursa Malaysia has introduced new enhancements to further strengthen Crude Palm Oil Futures Contract (“FCPO”). These enhancements to the FCPO contract specification, effective since 26 February 2018, are as follows:
The Securities Commission Malaysia, the Monetary Authority of Singapore, and the Securities and Exchange Commission of Thailand have signed a Memorandum of Understanding (MoU) to enhance the ASEAN Collective Investment Schemes (CIS) Framework.
The ASEAN CIS framework enables fund managers operating in one jurisdiction to offer funds constituted and approved in that jurisdiction to retail investors in the other two jurisdictions under a streamlined authorisation process.