Hong Leong Dana Al-Izdihar

Hong Leong Dana Al-Izdihar (HLDAIZ) aims to provide investors regular income* while maintaining capital stability** by investing primarily into Islamic deposits and Islamic money market instruments.

 
Fund Category Money Market (Islamic)
Fund Type Income
Product Risk Rating Low
Launch Date 20 June 2017
Asset Allocation
(% of Fund’s NAV)
  • Islamic deposits, Investment Account and Islamic money market instruments that will mature within 365 days: Minimum 90%.
  • Islamic deposits, Investment Account and Islamic money market instruments (e.g. Islamic negotiable instruments of deposits with maturity periods of more than 365 days but no longer than 732 days: Maximum 10%.
Performance Benchmark Bank Negara Malaysia Islamic Interbank Overnight Rate
Investor Profile This Fund may be suitable for investors who:
  • have a short-term (i.e. less than one year) investment horizon;
  • want to place their monies in a Shariah-compliant investment;
  • desire for a regular stream of income**; and/or
  • have a low risk tolerance
Minimum Initial Investment RM1,000
Minimum Subsequent Investment RM100
Specific Risks Reinvestment risk, interest rate risk, Shariah status reclassification risk and counterparty risk
Notes :
*Income will be distributed on a weekly basis, subject to the availability of income in the form of additional units unless unit holders opt for the distribution to be paid out.
**The Fund is not a capital guaranteed or a capital protected fund and that the returns are not guaranteed.
Sales Charge# NIL
Redemption Charge NIL
Switching Fee NIL
Annual Management Fee# Up to 0.75% p.a.
Annual Trustee Fee# Up to 0.015% p.a., subject to a minimum of RM9,000 p.a. (excluding foreign custodian fee and charges)
Notes:
# The fees and charges stated are subject to any applicable taxes and/or duties and at such rate as may be imposed by the government from time to time. The Manager/Trustee (where applicable) shall have the right to charge and recover from the Fund any applicable taxes and/or duties now or hereafter imposed by law or required to be paid in connection with the products or services provided by the Manager/Trustee (where applicable).
 

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    Printed copies of our prospectuses/information memorandums can be obtained from our offices or authorised agents and distributors. The unit trust funds to which the prospectuses/information memorandums relate are available only in Malaysia and to investors in Malaysia. Hong Leong Asset Management Bhd is responsible for this internet site on which the prospectuses/information memorandums are posted.

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  • Prospectus
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    Printed copies of our prospectuses/information memorandums can be obtained from our offices or authorised agents and distributors. The unit trust funds to which the prospectuses/information memorandums relate are available only in Malaysia and to investors in Malaysia. Hong Leong Asset Management Bhd is responsible for this internet site on which the prospectuses/information memorandums are posted.

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  • Product Highlights Sheet
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    Printed copies of our prospectuses/information memorandums can be obtained from our offices or authorised agents and distributors. The unit trust funds to which the prospectuses/information memorandums relate are available only in Malaysia and to investors in Malaysia. Hong Leong Asset Management Bhd is responsible for this internet site on which the prospectuses/information memorandums are posted.

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  • Invest Facts
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    Printed copies of our prospectuses/information memorandums can be obtained from our offices or authorised agents and distributors. The unit trust funds to which the prospectuses/information memorandums relate are available only in Malaysia and to investors in Malaysia. Hong Leong Asset Management Bhd is responsible for this internet site on which the prospectuses/information memorandums are posted.

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  • Annual Report
    Disclaimer

    Printed copies of our prospectuses/information memorandums can be obtained from our offices or authorised agents and distributors. The unit trust funds to which the prospectuses/information memorandums relate are available only in Malaysia and to investors in Malaysia. Hong Leong Asset Management Bhd is responsible for this internet site on which the prospectuses/information memorandums are posted.

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  • Semi-Annual Report
  • Account Opening Form
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