KUALA LUMPUR (Sept 7): AmInvest has declared a net income distribution totalling approximately RM83.4 million for 27 unit trusts, wholesale funds and exchange-traded funds (ETFs) for the period of April to June 2022.

In a statement on Wednesday (Sept 7), it said the funds encompass conventional and shariah-compliant funds across various asset classes. 

“Our investment philosophy and strategies have proven to deliver long-term returns for investors,” said AmFunds Management Bhd chief executive officer Goh Wee Peng in the statement.

Among other things, AmInvest said the payout for AmDividend Income translated into an income distribution yield of 14.3%, followed by US-Canada Income and Growth at 6.8%, and AmIncome Plus at 5.6%.

Additionally, it said the FTSE Bursa Malaysia KLCI ETF, Malaysia’s first equity ETF, had an income distribution yield of 3.6% for the year, following an interim income distribution of three sen for June.

AmInvest is the brand name for the fund management business of AmFunds Management and AmIslamic Funds Management Sdn Bhd.