2 days ago
AmFunds & AmIslamic Funds Management declare RM227.4mil in income distributions
The newly refreshed facade of Bangunan AmBank Group now features a vibrant LED display of the bank's camel mascot.
KUALA LUMPUR: AmFunds Management Bhd and AmIslamic Funds Management Sdn Bhd have declared income distributions for 30 unit trust funds, exchange-traded funds, and wholesale funds for the period from January to March 2025.
In a statement today, the fund management companies said the total net income distributions declared amounted to approximately RM227.4 million, encompassing both conventional and Shariah-compliant funds across various asset classes.
AmFunds Management and AmIslamic Funds are part of AMMB Holdings Bhd (AmBank Group)'s Integrated Wealth Management division, which consolidates the group's wealth capabilities in products and solutions to serve the needs of both individual and corporate clients.
AmFunds Management chief executive officer Kevin Wong Weng said the fund management companies are delighted to share the substantial income distributions with their valued investors, calling it a testament to the effectiveness of their investment strategies and portfolio management.
"This achievement underscores our unwavering commitment to delivering sustainable value with robust fundamentals for consistent growth,' he said. - Bernama
