Kuala Lumpur, March 8 - Hong Leong Asset Management Bhd (“Hong Leong AM”) has declared income distributions amounting to RM373 million for 22 funds, for the period commencing 1 January 2022 to 31 December 2022.
Hong Leong AM’s Executive Director / Chief Executive Officer, Hoo See Kheng said, “We are pleased to declare a distribution pay-out of RM373 million to our investors. Despite concerns of global inflation and market volatilities, we have upheld our commitment to deliver sustainable distribution yield to our investors. Moving into 2023, we are optimistic that we will see broad-based recovery and growth this year, driven by sustained investor confidence and market stabilisation.”
In addition to rigorously applying appropriate strategies to deliver potential growth to investors, Hong Leong AM’s aim is to provide investors with new investment opportunities which was fulfilled through the launch of the Private Retirement Scheme (“PRS”) and two qualified Sustainable and Responsible Investment (“SRI”), i.e. Hong Leong Global ESG Fund and Hong Leong Global Shariah ESG Fund, all within the past 9 months. Furthermore, in recognition of Hong Leong AM’s investment team which has consistently delivered risk-adjusted performances relative to their peers^, the Refinitiv Lipper Fund Awards 2022 has awarded Hong Leong AM with the Best Equity Group Award – Malaysia Provident (fifth win since 2017) and a total of 20 individual funds awards.
Below is a snapshot of the distribution yields for the 12-month period ending 31 December 2022 for some of Hong Leong AM’s equity, balanced and mixed asset funds:
|
Fund Name
|
Fund Category
|
Distribution Yield
(%)*
|
|
One-Year
|
|
Retail Fund - Conventional
|
||
|
Hong Leong Asia Pacific Equity Fund
|
Equity
|
5.09
|
|
Hong Leong Asia-Pacific Dividend Fund
|
Equity
|
5.86
|
|
Hong Leong Consumer Products Sector Fund
|
Equity
|
8.59
|
|
Hong Leong Dividend Fund
|
Equity
|
5.47
|
|
Hong Leong Growth Fund
|
Equity
|
6.90
|
|
Hong Leong Hong Kong Equity Optimizer Fund
|
Equity
|
6.71
|
|
Hong Leong SEA-5 Equity Fund
|
Equity
|
6.13
|
|
Hong Leong Value Fund
|
Equity
|
5.90
|
|
Hong Leong Balanced Fund
|
Balanced
|
5.51
|
|
Retail Fund - Islamic
|
||
|
Hong Leong Dana Makmur
|
Equity
|
5.62
|
|
Hong Leong Dana Maa'rof
|
Balanced
|
5.20
|
|
Wholesale Fund**
|
||
|
Hong Leong Wholesale Equity Fund 2
|
Equity
|
4.14
|
|
Hong Leong Global Multi Strategies Fund
|
Mixed Assets
(Fund-of-Funds)
|
2.86
|
*Source: Lipper, as at 31 December 2022
**For sophisticated investors only
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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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, customised portfolio solutions and Private Retirement Scheme to retail and institutional segments. Hong Leong AM’s wholly-owned subsidiary, Hong Leong Islamic Asset Management Sdn Bhd (“HLISAM”) is an Islamic fund management company (“IFMC”) licensed by the Securities Commission Malaysia (“SC”) on 18 November 2019 for the regulated activity of Islamic fund management.
Visit http://www.hlam.com.my for more information on the funds.
Disclaimer:
Before investing, investors are advised to read and understand the contents of the following:
- Hong Leong Master Prospectus dated 27 February 2023 (known as the “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.
^The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.