Kuala Lumpur, May 19- Hong Leong Asset Management Bhd’s (“Hong Leong AM”) EPF-approved Islamic funds - Hong Leong Dana Makmur (“HL Dana Makmur”) and Hong Leong Dana Maa’rof (“HL Dana Maa’rof”) received five additional individual fund awards from the Refinitiv Lipper Fund Awards 2022 - Global Islamic Universe. Both HL Dana Makmur and HL Dana Maa’rof have previously picked up nine individual fund awards from the Refinitiv Lipper Fund Awards 2022 - Malaysia Universe in March 2022. This new win brings HL Dana Makmur and HL Dana Maa’rof tally to fourteen individual fund awards.
Hoo See Kheng, Chief Executive Officer of Hong Leong AM said, “We are honoured that our Islamic funds have achieved yet another remarkable win this year. The recognition by the highly-respected Refinitiv Lipper Fund Awards is a testimonial to our investment philosophy and strategies; and is attributed to our investment team who have delivered consistently strong risk-adjusted returns for investors, while complying with Islamic principles.”
Noor Aini Binti Shaik Awab, Chief Executive Officer of Hong Leong Islamic Asset Management Sdn Bhd (“Hong Leong Islamic AM”) said, “As the appointed external fund manager for Hong Leong AM’s HL Dana Makmur and HL Dana Maa’rof, we are equally proud of Hong Leong AM for the significant achievement with their Islamic funds at the Refinitiv Lipper Fund Awards 2022. As we foresee a huge potential growth of the Islamic capital market in the coming years, together with the team at Hong Leong AM, we will continue our efforts to take Islamic asset management to the next level by leveraging on Islamic investment principles.”
HL Dana Makmur and HL Dana Maa’rof are distributed nationwide through Hong Leong AM’s offices, its agency force and appointed Institutional Unit Trust Advisers, with Hong Leong Bank Berhad and Hong Leong Islamic Bank Berhad being the main distributors. In tandem with its digitalisation program, HL Dana Makmur and HL Dana Maa’rof are also available via Hong Leong AM’s online platform - HL iSmart Invest. This wide outreach has enabled Hong Leong AM to offer its range of both Islamic and conventional funds to investors across Malaysia.
The fourteen Islamic individual fund awards received by Hong Leong AM for the period ended 31 December 2021 are:
About Refinitiv Lipper Fund Awards:
For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.
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About Hong Leong Asset Management Bhd:
Hong Leong AM is an asset management company within the Hong Leong Financial Group Berhad group of companies. Hong Leong AM establishes and distributes unit trust funds, wholesale funds and customised portfolio solutions to retail and institutional segments. Hong Leong AM’s wholly-owned subsidiary, Hong Leong Islamic AM has been appointed as an external Fund Manager with effect from 17 April 2020, to offer Islamic-based fund management services.
Visit http://www.hlam.com.my for more information on the Funds.
About Hong Leong Islamic Asset Management Sdn Bhd:
Hong Leong Islamic AM, is an Islamic fund management company licensed by the Securities Commission Malaysia. Hong Leong Islamic AM is wholly-owned by Hong Leong AM, an established fund management company with more than 20 years of experience offering and managing a broad spectrum of investment solutions through equities, fixed income, money market and mixed assets.
Visit https://hlam.com.my/hlisam/home for more information on the Funds.
Disclaimer:
Before investing, investors are advised to read and understand the contents of the following:
- Hong Leong Master Prospectus dated 23 August 2019, its First, Second and Third Supplementary Master Prospectus dated 18 November 2019, 27 March 2020 and 31 December 2020 respectively (collectively known as the “HLAM Prospectus”) and the Product Highlight Sheet (“PHS”).
Hong Leong Islamic Asset Management Sdn Bhd is the external fund manager of Hong Leong Dana Makmur and Hong Leong Dana Maa'rof.
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.