RM91.5 million in Income Distribution Declared by AmInvest

(photo credit: SME & Entrepreneurship)

AmInvest has declared income distribution for 33 unit trusts, wholesale funds and private retirement schemes (PRS) from July 2022 to September 2022. Total net income distribution declared, encompassing conventional and Shariah-compliant funds across various asset classes, was approximately RM91.5 million.

Amongst the funds involved, the income distribution declared for AmDynamic Allocator, Europe Equity Growth and AmAsia Pacific REITs has translated to income distribution yields of 10.4%, 6.4% and 5.9% respectively.

“We are pleased to deliver our valued investors with these income distributions,” said Ms. Goh Wee Peng, Chief Executive Officer of AmFunds Management.

“Despite the challenging market environment, we applied the appropriate investment strategies to our fund portfolios to capitalise on the market volatility and deliver long-term returns for investors,” Ms God added.

For the record, AmInvest has recently received various awards for its expertise in managing investments, including Malaysia’s Best ETF (Exchange Traded Funds) Provider by The Asset, Best Domestic Fixed Income Fund Manager 2021 by the Employees Provident Fund (EPF), Malaysia’s Fund House of the Year by Asian Investor and Malaysia’s Insurance Fund House of the Year for the fifth consecutive year by InsuranceAsia News.

AmInvest is the brand name for the funds management business of AmFunds Management and AmIslamic Funds Management.

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