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5 Apr 2023

BiGDF1 Income Distribution FY2023

Dear Valued Unit Holders, We wish to draw your attention to the Inland Revenue Board’s directive, effective 1 July 2022, on Tax Treatment concerning Income Received from Abroad (Amendment) stating that any income distribution derived from foreign funds, also known as “Foreign-Source Income” (FSI), for all unit trusts invested outside Malaysia, will be subjected to FSI Tax at the prevailing rate of 24%. This directive affects fund prices, including the BIMB-ARABESQUE i Global Dividend Fund 1 (BiGDF1). Coupled with the…

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BIMB Investment Management Berhad [199301021508 (276246-X)]
Level 19, Menara Bank Islam,
No. 22 Jalan Perak,
50450 Kuala Lumpur
Malaysia