Hong Leong Private Retirement Scheme – Conventional (Core Fund)

Scheme Trustee: CIMB Commerce Trustee Berhad

Hong Leong PRS Growth Fund
Investment
Objective
The Fund aims to provide long-term capital growth to facilitate the accumulation of wealth for retirement needs.
Note: Any material change to the investment objective of the Fund(s) would require Members’ approval.
Fund Category Core (Growth)
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 long-term capital growth. 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 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 FTSE Bursa Malaysia KLCI (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 and 30% in 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 focused on growing the portfolio steadily;
  • have a high to moderate risk tolerance; and
  • want a diversified portfolio of equities and fixed income instruments that may have some foreign exposure
Members who are under the Default Option and below the age of 45 years, 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, Derivatives/Structured product risk, Small capitalization risk, Reinvestment risk