The Fund aims to provide investors regular income while maintaining capital stability by investing primarily into Islamic deposits and Islamic money market instruments. In order to achieve its investment objective of providing regular income while maintaining capital stability, the investments of the Fund will essentially be in Islamic deposits, Investment Account and Islamic money market instruments that will mature within 397 days. At least 90% of its NAV will be invested in such instruments in Malaysia. However, the Fund is permitted to also invest in Islamic deposits, Investment Account and Islamic money market instruments (e.g. INID) with maturity periods of more than 397 days but no longer than 732 days in Malaysia and these investments are limited to 10% of its NAV.
Hong Leong Dana Al-Izdihar
Latest Price NAV
USD
0.11
as of
13/Sep/23
Objective
Key Facts
Launch Date :
20/Jun/17
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
47.02
Benchmark :
BNM Islamic Interbank Overnight Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.13
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.38
5 Yrs Performance
0.06
10 Yrs Performance
N.A
Top Holdings
1.
Public Islamic Bank Berhad
19.19
%
2.
Bank Islam Malaysia Berhad
17.36
%
3.
CIMB Islamic Berhad
17.27
%
4.
Hong Leong Islamic Bank Berhad
16
%
5.
Affin Islamic Bank Berhad
12.95
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
HLAM
Website :
http://www.hlam.com.my/