Tuesday, 13 December 2022 - AmInvest has declared income distribution for 33 unit trusts, wholesale funds and private retirement schemes (PRS) from July 2022 to September 2022. Total net income distribution declared, encompassing conventional and Shariah-compliant funds across various asset classes, was approximately RM91.5 million.
“We are pleased to deliver our valued investors with these income distributions. Despite the challenging market environment, we applied the appropriate investment strategies to our fund portfolios to capitalise on the market volatility and deliver long-term returns for investors,” said Ms. Goh Wee Peng, Chief Executive Officer of AmFunds Management Berhad.
Amongst the funds involved, the income distribution declared for AmDynamic Allocator, Europe Equity Growth and AmAsia Pacific REITs has translated to income distribution yields of 10.4%, 6.4% and 5.9% respectively.1
AmInvest has recently received various awards for its expertise in managing investments, including Malaysia’s Best ETF (“Exchange Traded Funds”) Provider by The Asset, Best Domestic Fixed Income Fund Manager 2021 by the Employees Provident Fund (“EPF”), Malaysia’s Fund House of the Year by Asian Investor and Malaysia’s Insurance Fund House of the Year for the fifth consecutive year by InsuranceAsia News.2
AmInvest is the brand name for the funds management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd.
Notes & Sources:
1 Based on data compiled by Lipper, Refinitiv, and AmFunds Management Berhad, as of 30 September 2022. Performance is shown in Malaysian Ringgit on an NAV price basis with income distribution reinvested. Performance figures are calculated net of all fees, charges and expenses, except entry charge and exit penalty (if any). Past performance is not indicative of future performance.
2 The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2022 by Asset Publishing & Research Limited Berhad on August 2022, The Employees Provident Fund Announces Winners for the EPF External Fund Managers Awards on 27 June 2022, AsianInvestor Asset Management Awards 2022 on May 2022 and InsuranceAsia News Institutional Asset Management Awards 2022 on May 2022.