AmInvest declares RM12m income distribution for private retirement scheme funds

AmInvestment Bank Bhd subsidiary AmInvest has declared income distribution of about RM12 million for seven private retirement scheme (AmPRS) funds, encompassing conventional and syariah-compliant PRS offerings across various asset classes.

In a statement today, the fund manager said that over the last one year (as at Feb 10, 2021, the ex-date of AmPRS funds’ income distribution), AmPRS — Islamic Equity Fund provided a total return of around 33% and declared a 10 sen income distribution for the year, equivalent to a yield of 12%. AmPRS — Islamic Balanced Fund achieved a total return of 22% and gave out a six sen income distribution, equivalent to a 8% yield for the year. AmPRS — Conservative Fund gave out an eight sen income distribution, equivalent to a 13% yield for the year.

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