Hong Leong Asset Management Bhd Declares Income Distributions of RM241 million for 7 Funds

Kuala Lumpur, 18 February 2025 - Hong Leong Asset Management Bhd (“HLAM”) has declared income distribution amounting to RM241 million for seven funds, for the period commencing 1 January 2024 to 31 December 2024.

HLAM’s Executive Director / Chief Executive Officer, Chue Kwok Yan said, “We are pleased to declare a distribution pay-out of RM241 million for seven funds to our investors despite the challenging global economic landscape. While market conditions remain volatile, HLAM remains committed to delivering sustainable distribution yields to our investors.”

"Our investment strategy in 2025 will remain anchored in a long-term perspective. We will continue to prioritise companies with strong fundamentals and growth potential as we focus on delivering sustainable returns for our investors," he added.

Below is a snapshot of the distribution yields for the period of 12 months ending 31 December 2024 for the seven HLAM funds.

*Source: Lipper, as at 31 December 2024

The funds are distributed through HLAM 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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DISCLAIMER: This press release has not been reviewed by the Securities Commission Malaysia. Investors are advised to read and understand the contents of the Hong Leong Master Prospectus dated 27 February 2023, the First Supplemental Hong Leong Master Prospectus dated 18 August 2023, the Second Supplemental Hong Leong Master Prospectus dated 5 January 2024 and the Third Supplemental Hong Leong Master Prospectus dated 19 August 2024 (collectively known as the “HLAM Prospectus”) and the Product Highlight Sheet (“PHS”) before investing. The HLAM Prospectus has been registered and PHS lodged with the Securities Commission Malaysia who takes no responsibility for the contents. A copy of the HLAM Prospectus and PHS can be obtained from any of HLAM offices, agents, authorised distributors or its website and investors have the right to request for it. Investors should also consider the fees and charges involved before investing. Prices of units and distributions payable, if any, may go down, as well as up and that past performance is not an indication of its future performance. Investors shall be aware of the risks associated with each fund before investing. The funds may not be suitable for all and if in doubt, investors are advised to seek independent professional advice.