Hong Leong AM declares RM428mil income distribution

Chief executive officer Hoo See Kheng said the conventional-HL Value Fund generated a distribution yield of 7.03%, HL Asia-Pacific Dividend Fund (6.98%), HL Growth Fund (7.06%) and HL Consumer Products Sector Fund (9.27%).

KUALA LUMPUR: Hong Leong Asset Management Bhd (Hong Leong AM) has declared income distributions of RM428mil for 20 funds for the 12-month period ended Dec 31, 2021, Bernama reported.

Chief executive officer Hoo See Kheng said the conventional-HL Value Fund generated a distribution yield of 7.03%, HL Asia-Pacific Dividend Fund (6.98%), HL Growth Fund (7.06%) and HL Consumer Products Sector Fund (9.27%).