KUALA LUMPUR – Hong Leong Asset Management Bhd (Hong Leong AM) has declared income distributions amounting to RM270 million for 21 funds, for the period commencing January 1, 2022 to July 31, 2022.
Hong Leong AM’s chief executive officer Hoo See Kheng said the company’s time-tested bottom-up stock picking strategy has allowed it to stand by its commitment to deliver strong risk-adjusted returns and sustainable distribution yield to investors.
“As we move into the second half of 2022, Hong Leong AM will continue to apply appropriate investment strategies and maintain focus on long-term prospects and company fundamentals with the aim to deliver potential growth,” he said.
The funds are distributed via Hong Leong AM offices and Hong Leong Bank Bhd’s branches nationwide, while selected funds are also distributed digitally via HL iSmart Invest. – Bernama, September 6, 2022
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