Hong Leong AM Declares Income Distribution Of RM449 Million

Hong Leong Asset Management Bhd has declared income distributions amounting to RM449 million for 19 funds, for the period commencing 1 January 2023 to 31 December 2023.

Hong Leong AM is pleased to have upheld its commitment to deliver sustainable distribution yield to their investors throughout 2023. While market volatility and uncertainty is expected to persist in 2024 due to various macro events across the world, Hong Leong AM will remain focused on applying appropriate strategies to continuously deliver potential growth and opportunities to its investors.

In addition, as a recognition of the Company’s investment team, which has consistently achieved risk-adjusted performances relative to their peers^, 4 of Hong Leong AM’s EPF-Members Investment Scheme approved funds – Hong Leong Asia-Pacific Dividend Fund, Hong Leong Dividend Fund, Hong Leong Dana Makmur and Hong Leong Dana Maa’rof have collectively received 20 Refinitiv Lipper Fund Awards 2023 for both Malaysia and Global Islamic category.

The funds are distributed through Hong Leong AM offices and Hong Leong Bank Berhad’s branches nationwide, while selected funds are also distributed via HLAM’s agency force nationwide and digitally via HL iSmart Invest.

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