AmFunds Management Bhd CEO Goh Wee Peng
KUALA LUMPUR: AmInvest, the fund management business of AMMB Holdings Bhd
, has declared an income distribution of RM91.5mil for 33 unit trusts, wholesale funds and private retirement schemes (PRS) for the period July-September 2022.
AmInvest said the total net income distribution declared, encompassed conventional and Shariah-compliant funds across various asset classes.
“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,” AmFunds Management Bhd chief executive officer Goh Wee Peng said in a statement.
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.
AmInvest is the brand name for the funds management business of AmFunds Management and AmIslamic Funds Management Sdn Bhd.
