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<\/p>\nAffin Hwang Asset Management Berhad declared its sixth income distribution for Affin Hwang Private Retirement FundsSolutions since its launch in 2012. These comprises of four PRS funds, including the Affin Hwang PRS Growth Fund, Affin Hwang PRS Moderate Fund, Affin Hwang PRS Conservative Fund and Affin Hwang Aiiman PRS Shariah Growth Fund. \u00a0<\/p>\n
The income distribution of the funds are shown in the table below:\u00a0<\/p>\n
<\/p>\n
*Source: Lipper as at 30 June 2017<\/p>\n
Unit Holders for the PRS funds mentioned above who are registered as at the respective dates are eligible to receive the income allotment.<\/p>\n
Chan Ai Mei, Chief Marketing & Distribution Officer of Affin Hwang AM said, \u201cThe income distributions reflects our ongoing commitment to deliver positive returns to investors and address their retirement and income needs.\u201d\u00a0<\/p>\n
Ai Mei said, \u201cWe maintain our overall fund positioning moving into the 3rd quarter, optimistic that the funds have sufficient diversification exposure that is optimal for a retirement fund to preserve capital and take less risks.\u201d<\/p>\n
On addressing the retirement needs of investors, Ai Mei adds, \u201cThe harsh reality confronting most Malaysians is that they are trying to cope to make ends meet, and are only thinking about their present and immediate income needs. But investors, especially young working adults can start small and make use of existing incentives such as the PRS Youth Incentive to complement their existing retirement savings.\u201d<\/p>\n
\u201cIt may seem counter-intuitive for those in their mid-20s to already start thinking about their retirement, but time is of the essence and the sooner you start the better. Also, do not underestimate the power of compounding, whereby you can earn returns upon your returns, by reinvesting your income back into your investments and receive additional units. Any investor can make use of this financial truism, the trick is to start early,\u201d said Ai Mei.\u00a0<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Affin Hwang Asset Management Berhad declared its sixth income distribution for Affin Hwang Private Retirement FundsSolutions since its launch in 2012. These comprises of four PRS funds, including the Affin Hwang PRS Growth Fund, Affin Hwang PRS Moderate Fund, Affin Hwang PRS Conservative Fund and Affin Hwang Aiiman PRS Shariah Growth Fund. \u00a0 The income […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-774","post","type-post","status-publish","format-standard","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/774","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=774"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/774\/revisions"}],"predecessor-version":[{"id":6505,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/774\/revisions\/6505"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}