visit affiliate
HLAM

Hong Leong Bond Fund

Hong Leong Bond Fund

Hong Leong Bond Fund (HLBoF) seeks current income* while at the same time aims to offer stability** of the capital value with minimal risk. To achieve this, the Fund will invest in fixed income securities.
 
There are 2 plans under the HLBoF:
 
i) Ordinary Investment Plan (HLBoF-OIP)
This plan is designed for individual investors who wish to invest into a bond fund and later switch into any other fund(s) managed by the Manager. 
 
ii) Standalone Investment Plan (HLBoF-SAP)
This plan is designed for individual investors who wish to invest primarily into a bond fund. Investors wishing to switch their investments into other fund(s) managed by the Manager may do so by paying the full Sales Charge of the intended fund to be switched into.
Valuation Date NAV (RM)

Fund Information

Fund Category Bond
Fund Type Income
Product Risk Rating Low
Launch Date 29 January 2002
Asset Allocation (% of Fund’s NAV)
  • Fixed income securities: Minimum 70% and maximum 100%.
  • Liquid assets: Minimum 2%.
Performance Benchmark

Quant Shop MGS Bond (Short) Index.

Investor Profile

The Fund is suitable for investors who:-

  • are conservative* and desire higher returns than that provided by conventional fixed deposits;
  • are seeking exposure to the wholesale fixed income market, which is not easily accessible to retail investors;
  • have money which may be needed in the near future or for emergency funds; and
  • have money held in readiness for investment into the stock market while enjoying possible above-average interest rates.

*The Fund may invest in derivatives as a way for the Fund to hedge against investment risks such as market risk, interest rate risk and currency risk. The Fund may invest in structured products with conservative risk, in accordance with the investment objective of the Fund. These structured products may include features such as principal protection (if held to maturity) and regular coupon.

Minimum Initial Investment HLBoF-OIP : RM1,000; HLBoF-SAP: RM5,000
Minimum Subsequent Investment RM100
Specific Risks

Particular security risk, credit/default risk, interest rate risk, currency risk, country risk, single issuer risk and derivatives/structured products risk.

Notes:
* Income may be distributed in the form of cash and/or Units.
**Please take note that this Fund is not a capital guaranteed fund or a capital protected fund and the returns are not guaranteed.
 
The information contained herein does not suggest, imply and should not be construed, in any manner, a guarantee of future performance and/or investment advice. Past performance does not guarantee future results. Therefore, no current or prospective investor should assume that the future performance will be profitable or equal to corresponding indicated performance levels. While the data contained herein has been prepared from information that HLAM believes to be reliable, HLAM does not warrant the accuracy or completeness of such information and shall not be liable in any manner whatsoever resulting from the use of this information.

Fee & Charges

Redemption Charge / Fee NIL
Switching Fee NIL
Annual Management Fee# 1.00% p.a.
Annual Trustee Fee# 0.08% p.a., subject to a minimum of RM18,000 p.a. (excluding foreign custodian fee and charges)
Sales Charge#: HLBoF-OIP Up to 4% of the NAV per Unit
Sales Charge#: HLBoF-SAP NIL
Exit Fee NIL

# 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).

Fund Performance

1M 6M 1Y 3Y 5Y YTD Since Inception Date
0.09 0.55 0.48 8.06 13.35 108.47 0.48 31/8/2021

Income Distribution

Gross
(sen)
Net
(sen)
Cum Distri Date Cum Distri Nav
(RM)
Reinvest Date Reinvest Price
(RM)
Yield
(%)
Income
(%)
Capital
(%)
0.3000 0.3000 18/7/2024 0.5472 19/7/2024 0.5442 - 100.00 -
0.3000 0.3000 22/1/2024 0.5429 23/1/2024 0.5399 0.56 100.00 -
0.2500 0.2500 17/7/2023 0.5379 18/7/2023 0.5355 0.84 - -
0.1900 0.1900 13/1/2023 0.5358 16/1/2023 0.5340 - - -
0.2000 0.2000 18/7/2022 0.5331 19/7/2022 0.5312 0.98 - -
0.3200 0.3200 20/1/2022 0.5372 21/1/2022 0.5339 - - -
0.9000 0.9000 23/7/2021 0.5449 26/7/2021 0.5360 3.27 - -
0.9000 0.9000 19/1/2021 0.5529 20/1/2021 0.5431 - - -
0.9000 0.9000 21/7/2020 0.5602 22/7/2020 0.5517 3.28 - -
0.9000 0.9000 22/1/2020 0.5567 23/1/2020 0.5480 - - -
0.9000 0.9000 16/7/2019 0.5572 17/7/2019 0.5481 3.32 - -
0.9000 0.9000 23/1/2019 0.5555 24/1/2019 0.5464 - - -
0.8000 0.8000 17/7/2018 0.5523 18/7/2018 0.5445 2.97 - -
0.8000 0.8000 17/1/2018 0.5525 18/1/2018 0.5445 - - -
0.1000 0.1000 18/7/2017 0.5444 19/7/2017 0.5434 0.19 - -
0.1000 0.1000 21/7/2016 0.5372 22/7/2016 0.5361 0.19 - -
0.5000 0.5000 21/7/2015 0.5227 22/7/2015 0.5179 3.91 - -
1.5000 1.5000 20/1/2015 0.5249 21/1/2015 0.5100 - - -
1.5000 1.5000 22/7/2014 0.5292 23/7/2014 0.5142 5.79 - -
1.5000 1.5000 21/1/2014 0.5345 22/1/2014 0.5195 - - -
1.5000 1.5000 29/3/2013 0.5443 1/4/2013 0.5297 2.82 - -
Source: Lipper. The Yield represents a financial ratio that shows how much a fund pays out in income distribution each year relative to its fund price at the beginning of the year. In the absence of any capital gains, the dividend yield is the return on investment for a fund.

Historical Fund Price

Valuation Date NAV (RM)
23/7/2024 0.5444
22/7/2024 0.5443
19/7/2024 0.5442
18/7/2024 0.5472
17/7/2024 0.5472
16/7/2024 0.5470
15/7/2024 0.5469
12/7/2024 0.5469
11/7/2024 0.5468
10/7/2024 0.5467
9/7/2024 0.5462
5/7/2024 0.5460
4/7/2024 0.5459
3/7/2024 0.5457
2/7/2024 0.5456
1/7/2024 0.5455
28/6/2024 0.5455
27/6/2024 0.5456
26/6/2024 0.5456
25/6/2024 0.5456