AmInvest declares RM83.4mil in income distribution for funds’ investors

AmInvest declares RM83.4mil in income distribution for funds’ investors

Yields range from 3.6% for the Bursa Malaysia ETF to 14.3% for the AmDividend Income fund.

The AmInvest investment strategies have delivered long-term returns for investors, according to CEO Goh Wee Peng.
KUALA LUMPUR:
Investors in the 27 unit trusts, wholesale funds and exchange-traded funds (ETF) under the AmInvest brand will see a net income distribution of RM83.4 million for the period from April to June, 2022.

AmInvest said in a statement today that they were conventional and shariah-compliant funds across a variety of asset classes.

AmInvest is the brand name for the funds management business of AmFunds Management Bhd and AmIslamic Funds Management Sdn Bhd.

“Our investment philosophy and strategies have (been) proven to deliver long-term returns for investors,” said AmFunds CEO Goh Wee Peng in the statement.

Among other things, AmInvest said, the payout for AmDividend Income, US-Canada Income and Growth and AmIncome Plus had translated to income distribution yields of 14.3%, 6.8% and 5.6%, respectively.

Additionally, it said the FTSE Bursa Malaysia KLCI ETF, Malaysia’s first equity ETF, has declared an income distribution yield of 3.6% for the year, following an interim income distribution of three sen for June 2022.

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