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Hong Leong Dana Al-Safa' (USD Class A)

Hong Leong Dana Al-Safa' (USD Class A)

Hong Leong Dana Al-Safa' (HLDASA) aims to provide investors with a low risk investment portfolio offering a regular stream of income while adhering to Shariah requirements.
Valuation Date NAV (RM)

Fund Information

Fund Category Fixed Income (Islamic)
Fund Type Income
Product Risk Rating Low
Launch Date 30 April 2021
Asset Allocation (% of Fund’s NAV)
  • Sukuk issued or guaranteed by the Government of Malaysia: Minimum 50%;
  • Islamic money market instruments, Islamic deposits and Investment Account: Maximum 50%
Performance Benchmark

Malayan Banking Berhad 12-month Islamic fixed deposit-i

Investor Profile

The Fund is suitable for investors who:

  • are looking for Shariah-compliant investments;
  • are generally conservative and risk averse;
  • prefer a short to medium-term investment horizon; and
  • desire a regular stream of income1.
Minimum Initial Investment USD1,000
Minimum Subsequent Investment USD500
Specific Risks

Credit/default risk, interest rate risk, single issuer risk, counterparty risk, reinvestment risk, Shariah status reclassification risk and currency risk at the Class level.

1Income may be distributed in the form of cash and/or additional Units.
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

Sales Charge# Up to 3.00% of the NAV per unit
Redemption Charge / Fee NIL
Switching Fee NIL
Annual Management Fee# 0.00% p.a.
Annual Trustee Fee# 0.00% p.a.

# All fees and charges and/or sum set out in this Prospectus payable to the Manager/Trustee 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

Income Distribution

Cum Distri Date Cum Distri Nav
Reinvest Date Reinvest Price
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 0.9665
22/7/2024 0.9646
19/7/2024 0.9637
18/7/2024 0.9669
17/7/2024 0.9679
16/7/2024 0.9652
15/7/2024 0.9657
12/7/2024 0.9659
11/7/2024 0.9625
10/7/2024 0.9597
9/7/2024 0.9582
5/7/2024 0.9575
4/7/2024 0.9571
3/7/2024 0.9549
2/7/2024 0.9544
1/7/2024 0.9560
28/6/2024 0.9549
27/6/2024 0.9547
26/6/2024 0.9551
25/6/2024 0.9571