AMMB : AmInvest Declares RM73.9 million in Income Distribution

Press Release

20 July 2023

AmInvest Declares RM73.9 million in Income Distribution

AmInvest has declared income distribution for 19 unit trust and wholesale funds from January 2023 to March 2023. The total net income distribution declared, encompassing conventional and Shariah-compliant funds across various asset classes, was approximately RM73.9 million.

AmInvest is the brand name for the funds management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn. Bhd. AmInvest is a multi-award-winning fund manager based in Malaysia with over 40 years of investing experience managing both conventional and Shariah-compliant unit trust funds, wholesale funds, institutional mandates, Exchange-Traded Funds ("ETF") and Private Retirement Schemes.

"We are pleased to deliver these income distributions to our valued investors despite the prolonged challenging market environment. We constantly stay mindful and are closely tracking the impact of the global investment climate to fine-tune and respond to local market needs, capitalising on market volatility and delivering long-term returns for investors," said Ms. Goh Wee Peng, Chief Executive Officer of AmFunds Management Berhad.

The income distribution declared for AmConservative (the "Fund"), one of the funds involved, translates to a high income distribution yield of 101% due to the release and distribution of monies in December 2022 and January 2023 in relation to the Fund's investments in bonds issued by Aldwich Berhad which was reflected in the Fund's Net Asset Value ("NAV") during the same period. AmIncome Institutional 1 and AmIslamic Institutional 1, meanwhile, each recorded an income distribution yield of 3.8%. 1

AmInvest continues to be recognised for its expertise in managing investments and has recently received various awards, including Malaysia's Best ETF Provider for the second consecutive year by The Asset, Malaysia's Best Islamic Fund Manager and

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Malaysia's Insurance Fund House of the Year for the sixth consecutive year by InsuranceAsia News, and Best Environmental, Social and Governance (ESG) Engagement Initiative, Malaysia for the second consecutive year by Asia Asset Management.2

AmInvest Funds' Income Distribution from January 2023 to March 20231

							1-year						Fund Performance
							Total			Yield			(%LC)
							Distributions			1-Year
	No.			Fund Name							1-year
					(in the fund currency)			(31/03/2022 -
											Total Return
							31/03/2022 -			31/03/2023)
											(31/03/2022 -
							31/03/2023
												31/03/2023)
1	AmBon Islam	0.0273		2.2%	3.0
2	AmBond	0.0328		2.5%	4.2
3	AmBond Select 1	0.0272		2.8%	4.3
4	AmBond Select 2	0.0316		3.1%	3.9
5	AmCash Plus	0.0254		2.6%	3.1
6	AmConservative	1.2150		101.0%	318.3
7	AmDynamic Bond	0.0225		3.3%	4.1
8	AmIncome	0.0270		2.7%	2.7
9	AmIncome Institutional 1	0.0372		3.8%	3.9
10	AmIncome Institutional 3	0.0339		3.4%	3.3
11	AmIncome Institutional 5	0.0333		3.3%	4.7
12	AmIncome Management	0.0227		2.1%	2.5
13	AmIncome Premium	0.0273		2.7%	2.7
14	AmIncome Value	0.0311		3.1%	4.9
15	AmInstitutional Income Bond	0.0333		3.2%	4.5
16	AmIslamic Institutional 1	0.0389		3.8%	4.7
17	Global Dividend MYR	0.0159		1.1%	2.8
18	Global Dividend USD	0.0146		1.1%	-1.9
19	US-Canada Income and Growth	0.0262		2.8%	-6.8

Note: Past performance is not indicative of future performance. The above-mentioned income distributions are not indicative of future distributions. Unit prices and income distribution, if any, may rise or fall. Where an income distribution is declared, investors are advised that following the distribution, the NAV per unit will be reduced from cum-distribution NAV to ex- distribution NAV. Investments in funds involve risks, including the risk of total capital loss and no income distribution. For more details on the respective fund's risks, please refer to its Prospectus or Information Memorandum, including any supplementary(ies) made thereto from time to time and its Product Highlights Sheet.

Notes & Sources:

1. Based on data compiled by Lipper, Refinitiv, and AmFunds Management Berhad, as of 31 March 2023. Performance figures are calculated net of all fees, charges and expenses, except entry charge and exit penalty (if any). Past performance is not indicative of future performance.
2. The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2023 by Asset Publishing & Research Limited Berhad on May 2023, InsuranceAsia News Institutional Asset Management Awards 2023 on May 2023 and Asia Asset Management Best of the Best Awards 2023 on February 2023. The grantors of the above-mentioned awards are not related to AmFunds Management Berhad and AmIslamic Funds Management Sdn. Bhd.

For media enquiries, kindly contact Nancy Chow, Senior Vice President, Corporate Communications & Marketing, AmInvest at tel: [phone] or email [e-mail]

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Disclaimer:

This advertisement material is prepared for information purposes only and may not be published, circulated, reproduced or distributed in whole or part, whether directly or indirectly, to any person without the prior written consent of AmFunds Management Berhad [198601005272 (154432-A)] and AmIslamic Funds Management Sdn. Bhd. [200801029135 (830464-T)] ("AmInvest"). This advertisement material should not be construed as an offer or solicitation for the purchase or sale of any units in AmInvest's fund(s). Investors shall be solely responsible for using and relying on any contents in this advertisement material. AmInvest and its employees shall not be held liable to the investors for any damage, direct, indirect or consequential losses (including loss of profit), claims, actions, demands, liabilities suffered by the investors or proceedings and judgements brought or established against the investors, and costs, charges and expenses incurred by the investors or for any investment decision that the investors have made as a result of relying on the content or information in this advertisement material. Investors are advised to read and understand the contents of the Prospectus/Information Memorandum, including any supplementary(ies) made thereof from time to time ("Prospectuses/Information Memorandums") and its Product Highlights Sheet ("PHS"), obtainable at www.aminvest.com, before making an investment decision. The Prospectuses/Information Memorandums and PHS have been registered/lodged with the Securities Commission Malaysia, who takes no responsibility for its contents. The Securities Commission Malaysia's approval or authorisation, or the registration, lodgement or submission of the Prospectuses/Information Memorandums and PHS do not amount to nor indicate that the Securities Commission Malaysia has recommended or endorsed the fund(s). The Securities Commission Malaysia has not reviewed this advertisement material. Investors may wish to seek advice from a professional advisor before making an investment decision. Past performance is not an indication of future performance. The fund(s)' unit prices and income distribution payable, if any, may rise or fall. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net Asset Value ("NAV") per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Please be advised that where a unit split is declared, the value of investor's investment in Malaysian Ringgit will remain unchanged after the distribution of the additional units. Please refer to the Prospectuses/Information Memorandums for detailed information on the specific risks of the fund(s). Investors are advised to consider these risks and other general risks elaborated, as well as the fees, charges and expenses involved. While our Shariah-compliant funds have been structured to conform to Shariah principles, investors should seek their own independent Shariah advice prior to investing in any of our Shariah-compliant funds. This advertisement material may be translated into languages other than English. In the event of any dispute or ambiguity arising out of such translated versions of this advertisement material, the English version shall prevail. AmInvest's Privacy Notice can be accessed via www.aminvest.com. The grantors of the above-mentioned awards are not related to AmFunds Management Berhad and AmIslamic Funds Management Sdn. Bhd. The grantors of the above-mentioned awards are not related to AmFunds Management Berhad and AmIslamic Funds Management Sdn. Bhd.

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