Investment management company, Hong Leong Asset Management (Hong Leong AM) announced RM602 million income distributions for its funds [refer to table below] in 2020.
Chief Executive Officer (CEO) of Hong Leong AM, Hoo See Kheng said that by remaining committed to a rigorous approach on the management’s investment philosophy, the fund managers continue to deliver a consistent and sustainable distribution yield to investors in this trying time.
“Our outlook on the global economy in 2021 remains positive. With consensus that the global GDP will grow above 5 percent, investors can explore opportunities within Hong Leong AM’s broad spectrum of investment solutions through equities, fixed income, money market and multi-assets.” He added.
The funds are distributed through Hong Leong AM offices, Hong Leong Bank Berhad’s branches in the country and via HL iSmart Invest.
Hong Leong AM advised investors to read and understand the contents of Hong Leong Master Prospectus dated August 23, 2019, its First, Second and Third Supplementary Master Prospectus dated November 18, 2019, March 27, 2020, and December 31, 2020 respectively and the Product Highlight Sheet (“PHS”).