09-04-2021
Press Release: Kenanga Investors Completes Income Distribution of over RM531M
Kenanga investors Berhad (“Kenanga Investors”) has declared a final income distribution of RM256.0 million for 21 retail funds till March 2021 adding to the earlier RM275.7 million that has been distributed and also income repatriation during the course of 2020, making it a record-breaking total distribution amount of RM531.7 million for its clients for financial year 2020. Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors said, “We are proud to declare an income distribution for a wide range of funds under our management. Income distribution yields ranged from 8% to 12% for equity and balanced funds while fixed income funds generated average yields of 6%.”