Hong Leong Asset Management Bhd (“Hong Leong AM”) is honoured to receive eight awards at the Refinitiv Lipper Fund Awards 2021, including the Best Equity Group Award – Malaysia Provident. This marks Hong Leong AM’s 4th time winning in the Group Award category for Best Equity – Malaysia Provident.
Hoo See Kheng, Chief Executive Officer of Hong Leong AM said, “We are pleased to be conferred eight awards by the highly-respected Refinitiv Lipper Fund Awards. The awards are an affirmation of our investment philosophy and strategies, and provide recognition to our investment team who has delivered consistently strong risk-adjusted returns for investors.”
Despite an unprecedented year in 2020 due to the COVID-19 pandemic, Hong Leong AM has risen above the challenges and continues to excel and deliver unparalleled performance. The consistency in how it approaches investment has proven successful and has aided in the effective navigation of the sharpest market dip in recent history. This enabled Hong Leong AM to take advantage of the severe price dislocations to establish positions in well-managed companies that were trading at very attractive valuations.
The stellar performance of Hong Leong AM’s funds is a testament to the belief that a bottom-up stock picking strategy is the most ideal investment approach for the local market. Indeed, this strategy has stood the test of time and will continue to be highly effective in creating long term and sustainable performance for the company’s various funds enabling investors to reap the returns.
This year’s Refinitiv Lipper Fund Awards recognized the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record, enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty.
In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors’ emotions of shock and optimism, there was a degree of solace in having one’s financial fortunes overseen by the stewardship of professional money managers.
We congratulate the 2021 Refinitiv Lipper Fund Award winners and wish Hong Leong AM continued success,” said Robert Jenkins, Head of Research, Lipper, Refinitiv.
The eight awards received by Hong Leong AM for the period ended 31 December 2020 are:
|
Hong Leong Asset Management
Best Equity Group Award - Malaysia Provident
|
| Funds Awards | ||
| Fund Name |
*3-year
Return (%)
|
*5-year
Return (%)
|
|
Hong Leong Asia-Pacific Dividend Fund
Equity Asia Pacific ex Japan, Malaysia Provident, 3 Years (2 consecutive years)
Equity Asia Pacific ex Japan, Malaysia Provident, 5 Years
|
63.26 | 98.00 |
|
Hong Leong Dividend Fund
Equity Malaysia Income, Malaysia Provident, 5 Years (3 consecutive years)
|
- | 79.37 |
|
Hong Leong Growth Fund
Equity Malaysia Diversified, Malaysia Provident, 5 Years (2 consecutive years)
|
- | 65.27 |
|
Hong Leong Dana Makmur
Equity Malaysia, Malaysia Islamic, 3 Years (2 consecutive years)
Equity Malaysia, Malaysia Islamic, 5 Years (2 consecutive years)
Equity Malaysia, Malaysia Provident, 3 Years
|
55.00 | 82.71 |
*Source: Lipper, as at 31 December 2020
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.
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”).
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.