Hong Leong Asset Management's Islamic Funds Achieves Global Recognition With Five Funds Awards

Dated 19-05-2022

Nota: Hong Leong Islamic Asset Management Sdn Bhd adalah pengurus dana luaran yang dilantik untuk Hong Leong Dana Makmur dan Hong Leong Dana Maa’rof.
Disclaimer: Hong Leong Islamic Asset Management Sdn Bhd is the appointed external fund manager of Hong Leong Dana Makmur and Hong Leong Dana Maa'rof.
 
 
An impressive win for Hong Leong Asset Management's Islamic funds - Hong Leong Dana Makmur and Hong Leong Dana Maarof
 

Kuala Lumpur, 19 May 2022 - Hong Leong Asset Management Bhd’s (“Hong Leong AM”) EPF-approved Islamic funds - Hong Leong Dana Makmur (“HL Dana Makmur”) and Hong Leong Dana Maa’rof (“HL Dana Maa’rof”) received five additional individual fund awards from the Refinitiv Lipper Fund Awards 2022 - Global Islamic Universe. Both HL Dana Makmur and HL Dana Maa’rof have previously picked up nine individual fund awards from the Refinitiv Lipper Fund Awards 2022 - Malaysia Universe in March 2022. This new win brings HL Dana Makmur and HL Dana Maa’rof tally to fourteen individual fund awards.
 
Hoo See Kheng, Chief Executive Officer of Hong Leong AM said, “We are honoured that our Islamic funds have achieved yet another remarkable win this year. The recognition by the highly-respected Refinitiv Lipper Fund Awards is a testimonial to our investment philosophy and strategies; and is attributed to our investment team who have delivered consistently strong risk-adjusted returns for investors, while complying with Islamic principles.”
 
Noor Aini Binti Shaik Awab, Chief Executive Officer of Hong Leong Islamic Asset Management Sdn Bhd (“Hong Leong Islamic AM”) said, “As the appointed external fund manager for Hong Leong AM’s HL Dana Makmur and HL Dana Maa’rof, we are equally proud of Hong Leong AM for the significant achievement with their Islamic funds at the Refinitiv Lipper Fund Awards 2022. As we foresee a huge potential growth of the Islamic capital market in the coming years, together with the team at Hong Leong AM, we will continue our efforts to take Islamic asset management to the next level by leveraging on Islamic investment principles.”
 
HL Dana Makmur and HL Dana Maa’rof are distributed nationwide through Hong Leong AM’s offices, its agency force and appointed Institutional Unit Trust Advisers, with Hong Leong Bank Berhad and Hong Leong Islamic Bank Berhad being the main distributors. In tandem with its digitalisation program, HL Dana Makmur and HL Dana Maa’rof are also available via Hong Leong AM’s online platform - HL iSmart Invest. This wide outreach has enabled Hong Leong AM to offer its range of both Islamic and conventional funds to investors across Malaysia.
The fourteen Islamic individual fund awards received by Hong Leong AM for the period ended 31 December 2021 are:
 
Fourteen (14) Islamic Individual Fund Awards
Fund Name
*3-year Return (%)
*5-year
Return (%)
*10-year
Return (%)
Hong Leong Dana Makmur (EPF-Approved Fund)
 
Malaysia Universe
 

Equity Malaysia, Malaysia Provident, 3 Years
 
Equity Malaysia, Malaysia Provident, 5 Years
 

Equity Malaysia, Malaysia Islamic, 3 Years
 

Equity Malaysia, Malaysia Islamic, 5 Years
 
Equity Malaysia, Malaysia Islamic, 10 Years
 
 
Global Islamic Universe
Equity Malaysia, Global Islamic, 3 Years
 
Equity Malaysia, Global Islamic, 5 Years
 
Equity Malaysia, Global Islamic, 10 Years
 
 
154.61
150.12
227.84
Hong Leong Dana Maa’rof  (EPF-Approved Fund)
 
 
Malaysia Universe
 
Mixed Asset MYR Balanced,  Malaysia Provident, 3 Years
 
Mixed Asset MYR Balanced,  Malaysia Provident, 5 Years
 
Mixed Asset MYR Balanced,  Malaysia Islamic, 3 Years
 
Mixed Asset MYR Balanced,  Malaysia Islamic, 5 Years
 
 
Global Islamic Universe
 
Mixed Asset MYR Balanced,  Global Islamic, 3 Years
 
Mixed Asset MYR Balanced,  Global Islamic, 5 Years
 
 
81.42
82.35
124.10
 
*Source: Lipper, as at 31 December 2021
 
 
About Refinitiv Lipper Fund Awards:
For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.

 
 
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About Hong Leong Asset Management Bhd:
Hong Leong AM is an asset management company within the Hong Leong Financial Group Berhad group of companies. Hong Leong AM establishes and distributes unit trust funds, wholesale funds and customised portfolio solutions to retail and institutional segments. Hong Leong AM’s wholly-owned subsidiary, Hong Leong Islamic AM has been appointed as an external Fund Manager with effect from 17 April 2020, to offer Islamic-based fund management services.
 
Visit http://www.hlam.com.my for more information on the Funds.