Hong Leong Asset Management Bhd Declares Income Distributions of RM449 million for 19 Funds

Kuala Lumpur, 8 February 2024 - Hong Leong Asset Management Bhd (“Hong Leong AM” or “Company”) has declared income distributions amounting to RM449 million for 19 funds, for the period commencing 1 January 2023 to 31 December 2023.

Hong Leong AM is pleased to have upheld its commitment to deliver sustainable distribution yield to their investors throughout 2023. While market volatility and uncertainty is expected to persist in 2024 due to various macro events across the world, Hong Leong AM will remain focused on applying appropriate strategies to continuously deliver potential growth and opportunities to its investors. In addition, as a recognition of the Company’s investment team, which has consistently achieved risk-adjusted performances relative to their peers^, 4 of Hong Leong AM’s EPF-Members Investment Scheme (“MIS”) approved funds – Hong Leong Asia-Pacific Dividend Fund, Hong Leong Dividend Fund, Hong Leong Dana Makmur and Hong Leong Dana Maa’rof have collectively received 20 Refinitiv Lipper Fund Awards 2023 for both Malaysia and Global Islamic category.

Below is a snapshot of the distribution yields for the 12-month period ending 31 December 2023 for some of Hong Leong AM’s equity and balanced funds:

Fund Name

Fund Category

Distribution Yield



Retail Fund - Conventional

Hong Leong Asia Pacific Equity Fund



Hong Leong Asia-Pacific Dividend Fund



Hong Leong Consumer Products Sector Fund



Hong Leong Dividend Fund



Hong Leong Growth Fund



Hong Leong SEA-5 Equity Fund-Class A



Hong Leong Value Fund



Hong Leong Balanced Fund



Retail Fund - Islamic

Hong Leong Dana Makmur



Hong Leong Dana Maa'rof



*Source: Lipper, as at 31 December 2023


The funds are distributed through Hong Leong AM offices and Hong Leong Bank Berhad’s branches nationwide, while selected funds are also distributed via HLAM’s agency force nationwide and digitally via HL iSmart Invest.


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Before investing, investors are advised to read and understand the contents of the following:


  • Hong Leong Master Prospectus dated 27 February 2023 and First and Second Supplementary Master Prospectus dated 18 August 2023 and 5 January 2024 respectively (collectively known as the “Prospectus”) and the Product Highlight Sheet (“PHS”).
  • A copy of the HLAM Prospectus and PHS can be obtained from any of Hong Leong Asset Management Bhd’s offices, agents or authorised distributors. Investors are advised to consider the fees and charges involved before investing. Prices of units and distributions payable, if any, may go down or up and past performance is not a guarantee of future performance. Investors are advised to be aware of the risks associated with each fund before investing. The funds may not be suitable for all investors and where in doubt, investors are advised to seek independent professional advice.

    ^The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.