unit trust income distribution

Hong Leong Asset Management Declares Income Payout For 20 Funds

For the period of 1st January 2021 to 31st December 2021, Hong Leong Asset Management (HLAM) has announced an income distribution of RM428 million for 20 funds.

This means that all of the unit holders of these 20 funds will receive a payout in the form of a percentage of this amount.

According to HLAM’s Chief Executive Officer, Hoo See Kheng, this income distribution announcement signifies the success of HLAM’s investment philosophy.

We are pleased to announce the distribution payout of over RM428 million for 20 Funds to our unit holders. Our investment philosophy has continued to serve us well and enabled our fund managers to deliver another year of sustainable distribution yield to our unit holders.

“The team remains focused and ready to help our customers navigate through market volatility safely,” said Hoo See Kheng in HLAM’s press release.

If you’re interested in seeing the distribution yield for the 12-month period, here is the snapshot for some of HLAM’s equity, balanced, and mixed asset funds;

Fund NameConventional/IslamicDistribution Yield

(%)*
1 Year
Retail Fund
HL Value FundConventional7.03
HL Asia-Pacific Dividend FundConventional6.98
HL Growth FundConventional7.06
HL Hong Kong Equity Optimizer FundConventional6.88
HL Dividend FundConventional5.69
HL Consumer Products Sector FundConventional9.27
HL Balanced FundConventional5.90
HL Dana MakmurIslamic6.51
HL Dana Maa'rofIslamic5.49
Wholesale Fund
Hong Leong Global Multi Strategies Fund**Conventional4.73
*Source: Lipper, as at 31 December 2021
**For sophisticated investors only

If you are one of the unit holders, the funds will be distributed through HLAM’s offices, Hong Leong Bank Berhad’s offices and digitally via HL iSmart invest.

If you’re interested in becoming one of the unit holders of HLAM’s funds, you can do so right here.

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