Hong Leong Dana Makmur awarded Best Fund for Equity Malaysia – Global Islamic over 3 years and 5 years by Refinitiv Lipper Fund Awards 2020

Dated 10-04-2020

Hong Leong Asset Management Bhd (“HLAM”) was awarded Best Fund for Equity Malaysia – Global Islamic in the Refinitiv Lipper Fund Awards 2020. HLAM’s Shariah fund, the Hong Leong Dana Makmur (“HLDM” or “Fund”) emerged as the winner as the best performing fund for Equity Malaysia – Global Islamic, 3 years and 5 years categories for the year ended 31 December 2019.

“It is an honour for HLDM to be recognised for its performance under the category of Equity Malaysia – Global Islamic by Refinitiv Lipper Fund Awards. The Fund has seen consistent capital growth through prudent investments which were in compliance with Islamic principles by our investment team who is committed to ensuring strong risk-adjusted performance for the Fund. We attribute the winning streak to adhering to our bottom-up stock picking strategy which has been effective in generating good returns for the Fund these past few years.” said Mr. Hoo See Kheng, Chief Executive Officer of HLAM.
“We thank our investors for their steadfast trust in us and for remaining invested in HLDM and our other Shariah funds. We will continue to uphold our commitment to providing the same high level of service to our investors.” he added.
HLDM is distributed nationwide through its agency force and appointed Institutional Unit Trust Advisers, with Hong Leong Bank Berhad being the main distributor. This wide outreach has enabled HLAM to offer its range of both Shariah and conventional funds to investors across Malaysia.
Fund Awards:
Hong Leong Dana Makmur
Equity Malaysia
Global Islamic (3 years) & (5 years)
1 year
3 years
5 years
10 years
Before investing, investors are advised to read and understand the contents of the following:
  • Hong Leong Master Prospectus dated 23 August 2019, its First and Second Supplementary Master Prospectus dated 18 November 2019 and 27 March 2020 respectively and the Product Highlight Sheet.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

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