Hong Leong Private Retirement Scheme – Conventional (Core Fund)

Scheme Trustee: CIMB Commerce Trustee Berhad

Hong Leong PRS Asia Pacific Funds
Investment
Objective
The Fund aims to achieve capital growth by investing primarily in collective investment schemes with exposure in the Asia Pacific ex Japan markets.
Note: Any material change to the investment objective of the Fund(s) would require Members’ approval.
Fund Category Fund-of-Funds (Equity).
Investment
Strategy
The Fund seeks to achieve its investment objective by investing in a basket of collective investment schemes that have similar investment objective to the Fund’s investment objective of capital growth, through exposure in countries in the Asia-Pacific ex Japan region which include but are not limited to Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand. Investments in collective investment schemes will be confined to those managed by the Provider and have proven performance track record.

The Provider will actively monitor the Fund’s investments in selected collective investment schemes to ensure optimal returns while adhering to the Fund’s pre-determined asset allocation. The Provider has the flexibility to rebalance the asset allocation should it deem necessary based on the prevailing market conditions.

The Provider may also take temporary defensive positions that may be inconsistent with the Fund’s investment strategy in response to adverse economic, political or any market conditions. In such circumstances, the Fund may hold up to 100% in money market instruments and deposits as a defensive strategy.
Asset
Allocation
At least 70% of the Fund’s NAV will be invested into equity collective investment schemes; and

Up to 30% of the Fund’s NAV may be invested into fixed income and/or money market collective investment schemes.
Performance
Benchmark
The performance benchmark is a composite of MSCI AC Asia-Pacific ex Japan (70%) and Malayan Banking Berhad 12 months fixed deposit rate (30%). This composite performance benchmark represents the general asset allocation adopted by the Fund, i.e. 70% in equity collective investment schemes which invest primarily in the Asia-Pacific ex Japan region and 30% in domestic fixed income and/or money market collective investment schemes.

The benchmark is used solely as a reference only. Please note that the risk profile of the Fund is not the same as the risk profile of the performance benchmark.

The performance of the Fund against the benchmark is published in the Provider’s interim and annual reports and is also available on the Provider’s website.
Member
Profile
The Fund is suitable for Members who:
  • are seeking capital appreciation;
  • are willing to assume higher risk in their investments to obtain potentially higher returns; and
  • seek exposure to the Asia
Risks
Disclosure
Particular security risk, Credit/default risk, Interest rate risk, Single issuer risk, Collective investment scheme risk, Currency risk, Country risk, Derivatives/Structured product risk, Dividend policy risk, Emerging market risk, Repatriation risk