Hong Leong Private Retirement Scheme – Conventional (Core Fund)

Scheme Trustee: CIMB Commerce Trustee Berhad

Hong Leong PRS Conservative Fund

*Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page.

Investment
Objective		 The Fund aims capital preservation* while seeking income.
*Please note the Fund is neither a capital guaranteed fund nor a capital protected fund.
Note: Any material change to the investment objective of the Fund(s) would require Members’ approval.
Fund Category Core (Conservative)
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 preservation while seeking income. Investments in collective investment schemes will be confined to those managed by the Provider.

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 80% of the Fund’s NAV will be invested into fixed income and/or money market collective investment schemes; and

Up to 20% of the Fund’s NAV may be invested into equity and/or balanced collective investment schemes.
Performance
Benchmark		 The performance benchmark is the Malayan Banking Berhad 12 months fixed deposit rate.

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 generally conservative;
  • have a low risk tolerance; and
  • seek capital preservation
Members who are under the Default Option and are 55 years old and above, this Fund will be selected for you.
Risks
Disclosure		 Particular security risk, Credit/default risk, Interest rate risk, Single issuer risk, Collective investment scheme risk, Counterparty risk, Currency risk, Country risk, Small capitalization risk, Reinvestment risk
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