MAAKL Balanced

Fund Key Data
ManagerMAAKL Mutual Bhd
Fund TypeMixed Asset Myr Balanced - Malaysia
Date Launched May 2, 1991
Approved Fund Size 750,000,000
Fund Price as at April 18, 2014
Buy 0.4465
Sell 0.4465
NAV 0.4465
Daily prices courtesy of TheEdge Financial Daily

Objective

MBLF is a balanced income fund. Its primary investment objective is to achieve medium- to long-term capital appreciation and to provide dividend income.

Financial Year End: June 30.
Distribution Policy: Annually, if any.

Investor Profile

The Fund is designed for investors who seek regular income. The Fund is suitable for conservative investors seeking relatively higher returns than fixed deposits but dislike the higher risks associated with a full equity portfolio.

Strategy

The Fund invests in equities and fixed income instruments based on its assessment of the respective market outlook. The Fund Manager uses a macro-economic ‘top-down’ approach to decide on strategic asset allocation. The Fund Manager constantly monitors and assesses the investment environment to identify emerging investment trends and themes. More importantly, the Fund Manager spends considerable amount of time evaluating macroeconomic variables and sector preferences before proceeding to the stock selection process. The Fund Manager believes that given the increased interdependence among markets, a bird’s eye view of global financial markets is also critical to successful investment. The Fund Manager builds and develops an understanding of the companies the Fund invests in through regular contacts, e.g. company visits, discussions with management, industry presentations and stockbroker forums.

The Fund Manager adopts a long term and active investment style. The Fund Manager selects an investment with an investment horizon of one to two years, but may sell when stock prices reach the assessment of full value or when a better alternative appears.

The stock selection process emphasises both quality and dividend yield. On quality, the Fund Manager looks for companies with a strong cash flow, healthy balance sheet and sound management. The Fund also seeks companies with a higher dividend yield than industry and/or market levels.

When selecting fixed income investments, the Fund Manager adopts a prudent strategy in forming a portfolio of debt instruments, which is in accordance with the Fund’s investment objective and the Fund Manager’s assessment of investment prospects in line with the underlying interest rates and economic outlook.


Fund Information

Fees & Charges
Sales Charge 6.5%
Redemption FeeNone
Switching FeeRM25 (for switches to any Equity/Balanced/Money Market Funds.)
Free Switches Yearly2
Annual Management Fee1.5%
Management Expense Ratio (MER)%
Transactions (Minimum)
InvestmentInitial: RM500
Additional: RM50
Regular InvestmentInitial: RM500
Additional: RM100
Account Balance 100 units
Switching RM1,000

 
Fund Documents
Prospectus Master Prospectus

 

Fund Performance

Fund Performance as at 2014-04-18
1 Month Return
6 Month Return 3.3086534012 %
1 Year Return 5.76491890704 %
3 Year Return 17.8771090847 %
5 Year Return 63.8448302713 %
As published in the The Edge-Lipper Fund Performance Ranking Tables

 

Related Funds

Compare MAAKL Balanced with:

CategoryCompany
Mixed Asset Myr Balanced - Malaysia
Funds:
MAAKL Mutual Bhd
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