AmInvest has declared income distribution for 19 unit trust and wholesale funds from January 2023 to March 2023 with total net income distribution declared, encompassing conventional and Shariah-compliant funds across various asset classes, at approximately RM73.9 million.
“We are pleased to deliver these income distributions to our valued investors despite the prolonged challenging market environment. We constantly stay mindful and are closely tracking the impact of the global investment climate to fine-tune and respond to local market needs, capitalising on market volatility and delivering long-term returns for investors,” said Ms. Goh Wee Peng, Chief Executive Officer of AmFunds Management Berhad.
The income distribution declared for AmConservative, one of the funds involved, translates to a high income distribution yield of 101% due to the release and distribution of monies in December 2022 and January 2023 in relation to the Fund’s investments in bonds issued by Aldwich Berhad which was reflected in the Fund’s Net Asset Value (“NAV”) during the same period. AmIncome Institutional 1 and AmIslamic Institutional 1, meanwhile, each recorded an income distribution yield of 3.8%.
