Hong Leong Global Lifestyle Balanced (rtd)

Fund Key Data
ManagerHong Leong Asset Mgmt Bhd
Fund TypeMixed Asset MYR Bal- Global
Date Launched March 8, 2007
Approved Fund Size 400,000,000
Fund Price as at August 27, 2012
Buy 0.5192
Sell 0.5192
NAV 0.5192
Daily prices courtesy of TheEdge Financial Daily

Objective

The Fund aims to provide investors with opportunity to enjoy regular income and seeks medium-to-long capital growth by investing into a diversified investment portfolio containing a mixture of fixed income securities and equity securities. The equities securities consist of companies which carry out their activities principally in the luxury or prestige goods and services sector, in any part of the world.

Initial Offer Period 21 days from 8th - 28th March 2007 at RM0.50 per unit.
Financial Year End: September 30.
Distribution policy: Half-yearly basis, if any.

Investor Profile

The Fund is appropriate for investors who are seeking:

  • A regular income stream;
  • More stable investment returns compared to those provided by pure luxury goods equity funds;
  • Greater diversification in their investment holdings through global exposure; and
  • Potential for medium-to-long term capital appreciation from investments in the global luxury goods industries.

Strategy

The Fund will invest in global equity securities of companies that offer prestige or luxury goods and services in any country of the world. As such the Fund has expsure to a broad range of industries such as perfume and cosmetics, watches and jewellery, leather goods and accessories, apparels, luxury cars and lifestyle/medical equipment of premium quality, selected primarily on the basis of their capital growth.

At the same time, the Fund will also invest into fixed income securities to seek regular income and stability of capital.

Asset allocation:

  • Fixed Income Securities: Between 40% - 60% of the Fund's NAV.
  • Global Equity Securities: Between 40% - 60% of the Fund's NAV.
  • Cash and Liquid Assets: A minimum of 3% of the Fund's NAV.


Fund Information

Fees & Charges
Sales Charge 6.0%
Redemption FeeNone
Switching Fee0.5%
Free Switches Yearly3
Annual Management Fee1.5%
Management Expense Ratio (MER)1.62%
Transactions (Minimum)
InvestmentInitial: RM1,000
Additional: RM100
Regular InvestmentInitial: RM1,000
Additional: RM100
Account Balance 1,000 units
Switching 1,000 units

 
Fund Documents
Prospectus Refer to company website or branch office.

 

Fund Performance

Fund Performance as at 2012-08-27
1 Month Return
6 Month Return -3.99408284024 %
1 Year Return 6.67762482022 %
3 Year Return 24.5980321574 %
5 Year Return 11.4880824565 %
As published in the The Edge-Lipper Fund Performance Ranking Tables

 

Related Funds

Compare Hong Leong Global Lifestyle Balanced (rtd) with:

CategoryCompany
Mixed Asset MYR Bal- Global
Funds:
Hong Leong Asset Mgmt Bhd
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