Hong Leong Asset Management Bhd (HLAM) announced income distributions amounting to RM58 million in January 2017 for a total of 11 funds under management. In view of the encouraging performance for the funds, HLAM has declared distributions for 11 of its funds, in varying frequencies:<\/p>\n
| \n Funds<\/p>\n<\/td>\n | \n Distribution date<\/p>\n<\/td>\n | \n Ex-date<\/p>\n<\/td>\n | \n Gross distribution per unit<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Income Management Fund<\/p>\n<\/td>\n | \n 3 January 2017<\/p>\n<\/td>\n | \n 4 January 2017<\/p>\n<\/td>\n | \n 0.0330 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n 9 January 2017<\/p>\n<\/td>\n | \n 10 January 2017<\/p>\n<\/td>\n | \n 0.0290 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n 16 January 2017<\/p>\n<\/td>\n | \n 17 January 2017<\/p>\n<\/td>\n | \n 0.0330 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n 23 January 2017<\/p>\n<\/td>\n | \n 24 January 2017<\/p>\n<\/td>\n | \n 0.0340 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n Hong Leong Islamic Institutional Income Management Fund II<\/p>\n<\/td>\n | \n 3 January 2017<\/p>\n<\/td>\n | \n 4 January 2017<\/p>\n<\/td>\n | \n 0.0610 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n 9 January 2017<\/p>\n<\/td>\n | \n 10 January 2017<\/p>\n<\/td>\n | \n 0.0530 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n 16 January 2017<\/p>\n<\/td>\n | \n 17 January 2017<\/p>\n<\/td>\n | \n 0.0620 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n 23 January 2017<\/p>\n<\/td>\n | \n 24 January 2017<\/p>\n<\/td>\n | \n 0.0630 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n Hong Leong Money Market Fund<\/p>\n<\/td>\n | \n 3 January 2017<\/p>\n<\/td>\n | \n 4 January 2017<\/p>\n<\/td>\n | \n 0.0700 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n 9 January 2017<\/p>\n<\/td>\n | \n 10 January 2017<\/p>\n<\/td>\n | \n 0.0600 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n 16 January 2017<\/p>\n<\/td>\n | \n 17 January 2017<\/p>\n<\/td>\n | \n 0.0710 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n 23 January 2017<\/p>\n<\/td>\n | \n 24 January 2017<\/p>\n<\/td>\n | \n 0.0700 sen<\/p>\n<\/td>\n<\/tr>\n | |
| \n Hong Leong Growth Fund<\/p>\n<\/td>\n | \n 18 January 2017<\/p>\n<\/td>\n | \n 19 January 2017<\/p>\n<\/td>\n | \n 5.9400 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Penny Stock Fund<\/p>\n<\/td>\n | \n 18 January 2017<\/p>\n<\/td>\n | \n 19 January 2017<\/p>\n<\/td>\n | \n 0.9500 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Consumer Products Sector Fund<\/p>\n<\/td>\n | \n 18 January 2017<\/p>\n<\/td>\n | \n 19 January 2017<\/p>\n<\/td>\n | \n 3.2200 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Dana Makmur<\/p>\n<\/td>\n | \n 18 January 2017<\/p>\n<\/td>\n | \n \u00a019 January 2017<\/p>\n<\/td>\n | \n 4.3000 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Balanced Fund<\/p>\n<\/td>\n | \n 18 January 2017<\/p>\n<\/td>\n | \n 19 January 2017<\/p>\n<\/td>\n | \n 4.0900 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Dana Maa\u2019rof<\/p>\n<\/td>\n | \n 18 January 2017<\/p>\n<\/td>\n | \n \u00a019 January 2017<\/p>\n<\/td>\n | \n 0.9000 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Institutional Bond Fund<\/p>\n<\/td>\n | \n 19 January 2017<\/p>\n<\/td>\n | \n 20 January 2017<\/p>\n<\/td>\n | \n 0.1000 sen<\/p>\n<\/td>\n<\/tr>\n |
| \n Hong Leong Islamic Income Management Fund<\/p>\n<\/td>\n | \n 19 January 2017<\/p>\n<\/td>\n | \n \u00a020 January 2017<\/p>\n<\/td>\n | \n 0.1000 sen<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \u00a0<\/p>\n This payout marks an 8 per cent distribution yield for the five (5) funds: Hong Leong Growth Fund, Hong Leong Penny Stock Fund, Hong Leong Consumer Products Sector Fund, Hong Leong Dana Makmur and Hong Leong Balanced Fund (based on Net Asset Value per unit as at 31 December 2016).\u00a0<\/p>\n The distributions amounting to RM58 million made within the month is attributed to the fund manager\u2019s disciplined and systematic investment process backed by rigorous due diligence.\u00a0<\/p>\n On the domestic market outlook for 2017, HLAM is positive on Malaysia. The company believes that values have emerged and Malaysia will deliver higher growth given the strong spending in domestic infrastructure, i.e. mass rail transits, expressways and railways.<\/p>\n \u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Hong Leong Asset Management Bhd (HLAM) announced income distributions amounting to RM58 million in January 2017 for a total of 11 funds under management. In view of the encouraging performance for the funds, HLAM has declared distributions for 11 of its funds, in varying frequencies: Funds Distribution date Ex-date Gross distribution per unit Hong Leong […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-77","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/77","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=77"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/77\/revisions"}],"predecessor-version":[{"id":6427,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/77\/revisions\/6427"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=77"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=77"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=77"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |