Hong Leong Asset Management Bhd Declares Income Distributions of RM270 million for 21 Funds

Dated 06-09-2022


Kuala Lumpur, 6 September 2022 - Hong Leong Asset Management Bhd (“Hong Leong AM”) has declared income distributions amounting to RM270 million for 21 funds, for the period commencing 1 January 2022 to 31 July 2022.
“We are pleased to announce a distribution payout of over RM270 million to our investors. Our time-tested bottom-up stock picking strategy has allowed us to stand by our commitment to deliver strong risk-adjusted returns and sustainable distribution yield to our investors,” said Hong Leong AM’s Chief Executive Officer, Hoo See Kheng.
“As we move into the second half of 2022, Hong Leong AM will continue to apply appropriate investment strategies and maintain focus on long-term prospects and company fundamentals aiming to deliver potential growth,” added Hoo.
Below is a snapshot of the distribution yields for the 12-month period ending 31 July 2022 for some of Hong Leong AM’s equity, balanced and mixed asset funds:
The funds are distributed through Hong Leong AM offices and Hong Leong Bank Berhad’s branches nationwide, while selected funds are also distributed digitally via HL iSmart Invest.
--------    END    -------
About Hong Leong Asset Management Bhd:
Hong Leong AM is an asset management company within the Hong Leong Financial Group Berhad group of companies. Hong Leong AM establishes and distributes unit trust funds, wholesale funds and customised portfolio solutions to retail and institutional segments. Hong Leong AM’s wholly-owned subsidiary, Hong Leong Islamic Asset Management Sdn Bhd (HLISAM) was appointed as an external Fund Manager with effect from 17 April 2020, to offer Islamic-based fund management services.
Visit http://www.hlam.com.my for more information on the funds.
Media contact:
Jasemaine Gan Sheau Wuey
Manager, Marketing & Customer Experience – Hong Leong Asset Management Bhd
DID: +603 2081 8607
Before investing, investors are advised to read and understand the contents of the following:
  • Hong Leong Master Prospectus dated 23 August 2019, its First, Second and Third Supplementary Master Prospectus dated 18 November 2019, 27 March 2020 and 31 December 2020 respectively (collectively known as the “HLAM Prospectus”) and the Product Highlight Sheet (“PHS”).
  • Hong Leong Global Multi Strategies Fund’s Information Memorandum dated 20 March 2020 and its First and Second Supplementary Information Memorandum dated 31 December 2020 and 27 October 2021 (collectively known as the “HLGMSF IM”) and the PHS.
  • Hong Leong Wholesale Equity Fund 2 Information Memorandum dated 28 September 2020, its First and Second Supplementary Information Memorandum dated 31 December 2020 and 27 October 2021 respectively (collectively known as the “HLWEF2 IM”) and the PHS.
  • A copy of the HLAM Prospectus, HLGMSF IM, HLWEF2 IM and PHS can be obtained from any of Hong Leong Asset Management Bhd’s offices, agents or authorised distributors. Investors are advised to consider the fees and charges involved before investing. Prices of units and distributions payable, if any, may go down or up and past performance is not a guarantee of future performance. Investors are advised to be aware of the risks associated with each fund before investing. The funds may not be suitable for all investors and where in doubt, investors are advised to seek independent professional advice.

Hong Leong Group   |   Download Adobe Reader
The website is optimized for Google Chrome browser 1024px resolution