HLG Islamic Income Management Fund

The Fund aims to provide monthly cash distributions on a best effort basis

Fund type/Category:
Islamic Fixed Income Fund - Income

Date launched:
26 April 2007

Min initial investment:
RM1,000/RM1000 (subsequent)

Investment Objective

The Fund aims to provide investors with a low risk investment portfolio offering a stable and regular stream of income and stability in capital while adhering to Shariah requirements.

Investment strategy

The rate of cash distribution will be determined at every month end in order to bring the Net Asset Value (“NAV”) of the Fund to the proposed range of RM0.5000 per Unit. The distribution will be subject to availability of sufficient reserves for cash distribution. 

Investment Manager

HLG Asset Management Sdn. Bhd (218571-H)

Investment horizon / Tenure

Short to Medium Term

Investment Asset Allocation

Sukuk and islamic Money Market Instruments : Up to 98% and a minimum investable level of 70% in Sukuk         Syariah-based Liquid Assets: A minimum of 2%

Investment Service Charge

NIL 

Investment Management Fee

0.5%

Investment Trustee Fee

0.08%


Download Fund Factsheet

 

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