Hong Leong Asset Management Bhd Declares Cash Distribution For Hong Leong Strategic Fund

Dated 02-11-2010


Hong Leong Asset Management Bhd Declares Cash Distribution For Hong Leong Strategic Fund


Kuala Lumpur, 2 November 2010 – Hong Leong Asset Management Bhd (formerly known as HLG Unit Trust Bhd) is proud to announce a gross cash distribution of 3.5 cents per unit for Hong Leong Strategic Fund to respective unitholders as at 29 October 2010.

“We are very proud of the accomplishment of our Hong Leong Strategic Fund and we are confident that our investors would continue to reap the benefits from the performance of our Fund,” said Geoffrey Ng, Chief Executive Officer / Executive Director of Hong Leong Asset Management Bhd.

Launched in 8 March 2005, Hong Leong Strategic Fund is an equity fund. The primary objective of the Fund is to provide investors with an investment that strives for stable returns, as well as consistency in performance and income. As at 29 October 2010, the total fund size of Hong Leong Strategic Fund is RM 125.88 million with 252.38 million units in circulation.

About Hong Leong Asset Management Bhd (318717-M)

Hong Leong Asset Management Bhd (formerly known as HLG Unit Trust Bhd) is an established asset management company, and a member of the Hong Leong Group. The company offers a comprehensive range of managed assets including unit trust funds and discretionary assets across a spectrum of funds that include state governments, insurance companies, endowments and corporations.

At Hong Leong Asset Management Bhd, we offer investors opportunities to participate in sophisticated investment products that open up global and local opportunities. With an extensive stable of cutting-edge investment products, we have continuously positioned ourselves to deliver innovation and superior value to our investors.

Our direct and channel distribution activities are also supported by a strategic nationwide sales support infrastructure. This includes our headquarters in Kuala Lumpur and six sales support offices nationwide in Klang Valley, Ipoh, Penang, Johor Bahru, Kuching and Kota Kinabalu.

As at 29 October 2010, Hong Leong Asset Management Bhd has a total assets under management of RM 4.53 billion.