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HLAM

Hong Leong PRS Islamic Conservative Fund

Hong Leong PRS Islamic Conservative Fund

Hong Leong PRS Islamic Conservative Fund aims to provide capital preservation* while seeking income
Valuation Date NAV (RM)

Fund Information

Fund Category Core (Conservative)
Fund Type NA
Product Risk Rating Low
Launch Date 06 December 2023
Asset Allocation (% of Fund’s NAV)
  • Minimum 80% of its NAV into sukuk and/or Islamic money market collective investment schemes.
  • Up to 20% of its NAV into Shariah-compliant equity and Shariah-compliant equity-related Islamic collective investment schemes and/or balanced Islamic collective investment schemes.
Performance Benchmark

Malayan Banking 12-month Islamic fixed deposit-i.

Member Profile

This Fund is suitable for Members who:

  • are generally conservative;
  • have a low risk tolerance; and
  • seek capital preservation.

Members who are under the Default Option and are 55 years old and above, this Fund will be selected for you.

Minimum Initial Subscription RM100
Minimum Additional Subscription RM50
Specific Risks

Particular security risk, credit/default risk, interest rate risk, single issuer risk, small capitalization risk, Islamic collective investment scheme risk, counterparty risk and reinvestment risk.

Notes:
Note: * Please note the Fund is neither a capital guaranteed fund nor a capital protected fund. 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.
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 Fund’s NAV per Unit
Redemption Charge / Fee NIL
Switching Fee NIL
Annual Management Fee# 1.00% per annum
Annual Trustee Fee# 0.04% per annum
Private Pension Administrator (“PPA”) Fees:  
Account Opening Fee RM10 (one-off)
Annual Fee RM8 per annum
Pre-retirement Withdrawal Fee RM25 per transaction
Transfer Fee (To Another PRS Provider) RM25 per transaction
Administration Fee 0.04% per annum

Fund Performance

1M 6M 1Y 3Y 5Y YTD Since Inception Date

Income Distribution

Gross
(sen)
Net
(sen)
Cum Distri Date Cum Distri Nav
(RM)
Reinvest Date Reinvest Price
(RM)
Yield
(%)
Income
(%)
Capital
(%)
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 0.4940
22/7/2024 0.4940
19/7/2024 0.4939
18/7/2024 0.4939
17/7/2024 0.4938
16/7/2024 0.4938
15/7/2024 0.4937
12/7/2024 0.4936
11/7/2024 0.4936
10/7/2024 0.4935
9/7/2024 0.4935
5/7/2024 0.4934
4/7/2024 0.4933
3/7/2024 0.4933
2/7/2024 0.4932
1/7/2024 0.4932
28/6/2024 0.4981
27/6/2024 0.4981
26/6/2024 0.4980
25/6/2024 0.4980