|
Fund Category |
Equity |
|
Fund Type |
Growth |
|
Product Risk Rating |
High |
|
Launch Date |
26 April 1999 |
Asset Allocation
(% of Fund’s NAV) |
-
Equities: Minimum 70%.
-
Fixed income securities: Maximum 30%.
|
|
Performance Benchmark |
FBM Emas |
|
Investor Profile |
The Fund is suitable for investors who:-
-
have a higher than average risk tolerance level;
-
have a long-term** investment horizon; and
-
are able to accept the anticipated higher volatility of the Fund.
|
|
Minimum Initial Investment |
RM100 |
|
Minimum Subsequent Investment |
RM100 |
|
Specific Risks |
Particular security risk, credit/default risk, single issuer risk, small capitalisation companies risk and interest rate risk |
Notes:
*Hong Leong Penny Stock Fund was established in March 1999 after the Asian Financial Crisis in 1997/98. The usage of the words “Penny Stock” in the Fund was derived given that many stock prices listed in KLSE at that time were trading for less than one Ringgit. The name of the Fund has no direct bearing with its investment objective and strategy. The Fund’s investment objective has always been consistent where the Fund will invest with a value investment strategy across equity securities of all market capitalisation levels of companies operating in Malaysia and not limiting the Fund from investing in stocks with market capitalization of up to RM1 billion that are not well covered by equity research houses and stockbrokers.
The benchmark FBM EMAS consists companies ranging from big to small market capitalisation which is well represented in portfolio.
**3 - 4 years |