null AmInvest declares RM12m income distribution for private retirement scheme funds
AmInvest declares RM12m income distribution for private retirement scheme funds
21 Apr 2021 | Wednesday Source: The Edge Markets
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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