Hong Leong Asset Management Declares Cash Distribution for Hong Leong Global Bond Fund Following Strong Performance

Dated 02-04-2013

Fund delivered a total return of 41.45%* since inception

Kuala Lumpur, 2 April 2013 - Hong Leong Asset Management Bhd is pleased to announce a gross cash distribution of 2.0 sen per unit for Hong Leong Global Bond Fund (“HLGBF”) to unitholders as at 29 March 2013. This income distribution would represent a yield of 3.31%. The latest income payout also potentially marks the first of a series of recurring distributions for the Fund in the near term.

“We are proud of the performance of one of our core funds, HLGBF, and certainly pleased to be able to reward our investors with regular income despite challenging market conditions,” said Mr Geoffrey Ng, Chief Executive Officer and Executive Director of Hong Leong Asset Management Bhd.

Although an income fund in nature, HLGBF has charted remarkable growth since its inception, even outperforming its benchmark, the JP Morgan Global GBI, by 22.62%* for the same period. On top of the noteworthy growth, the Fund had also declared consistent yearly income distributions for the previous three years totalling 9.0 sen. “We are confident we can reward our investors on an increased frequency and are looking at potential quarterly payouts,” Ng added.

This payout is also spurred by the Fund’s exposure in the robust growth of global bonds which provide wealth preservation with comparatively lower volatility. “Relative to equities, global bonds has historically experienced less downside risk; hence, they are able to provide more stable returns and regular income. With the expanding global bond universe, investment opportunities are broadened as more countries build out yield curves with liquidity; all of these have been borne out by the Fund’s performance. This, in essence, upholds the Fund’s objective which seeks to provide regular income as well as to maximise total investment return and stability of capital,” he said.

*Source: Lipper, as at 29 March 2013

About Hong Leong Global Bond Fund

Launched in 18 April 2008, the Hong Leong Global Bond Fund is an income fund. The Fund seeks to provide regular income and to maximise total investment return whilst at the same time aims to offer stability of capital with minimum risk. The Fund is suitable for investors who are seeking greater diversification in their fixed income investment holdings through exposure in global markets.

About Hong Leong Asset Management Bhd (318717-M)

Hong Leong Asset Management Bhd is an established asset management company offering a comprehensive range of managed investment solutions across segregated assets and unit trust funds for state governments, insurance companies, endowments, family offices, corporations and high net worth individuals.

As at 31 March 2013, Hong Leong Asset Management Bhd has total assets under management of RM 6.93 billion.

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