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Kenanga Investors Completes Distribution of Over RM 531m

April 12, 2021
KUALA LUMPUR, Malaysia, April 12, 2021 /PRNewswire/ 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, Chief Executive Officer of Kenanga Investors Berhad
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%. ....

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Kenanga Investors completes RM531.7m income distribution for FY20 | Money

Friday, 09 Apr 2021 05:47 PM MYT
KUALA LUMPUR, April 9 Kenanga Investors Bhd has completed a total income distribution of RM531.7 million to its clients for the financial year 2020 (FY20).
In a statement today, it said this included the final income distribution of RM256 million for 21 retail funds until March 2021 as well as RM275.7 million that was distributed earlier and income repatriation in 2020.
Kenanga Investors executive director and chief executive officer, Ismitz Matthew De Alwis, said the income distribution was derived from the funds’ realised gains, dividends and other income across equity, fixed income and mixed asset classes.
This includes the firm’s flagship funds, Kenanga Growth Fund and Kenanga Syariah Growth Fund. ....

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