Hong Leong PRS Islamic Moderate Fund

Investment Objective	The Fund aims to seek capital growth over the long-term while seeking income returns. Note: Any material change to the investment objective of the Fund(s) would require Members’ approval.
Fund Category	Core (Moderate)
Investment Strategy	The Fund seeks to achieve its investment objective by investing in a basket of Islamic collective investment schemes which have similar investment objective to the Fund’s investment objective of capital growth over the long-term while seeking income returns. Investments in Islamic collective investment schemes will be confined to those managed by the Provider. The Provider will actively monitor the Fund’s investments in the selected Islamic 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 Islamic money market instruments and Islamic deposits as a defensive strategy.
Asset Allocation	At least 70% of the Fund’s NAV will be invested into balanced Islamic collective investment schemes; and Up to 30% of the Fund’s NAV may be invested into sukuk and/or Islamic money market collective investment schemes.
Performance Benchmark	A composite of FBM EMAS Shariah Index (60%) and Malayan Banking 12-month Islamic fixed deposit-i (40%). Due to the nature of the investments, the performance benchmark is specifically formulated based on the asset allocation of the Fund. The information on FBM EMAS Shariah Index is readily available from Bursa Malaysia’s website at www.bursamalaysia.com while the information on Malayan Banking 12-month Islamic fixed deposit-i can be obtained at www.maybank2u.com.my. 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 semi-annual and annual reports and is also available on the Provider’s website.
Profile Member	The Fund is suitable for Members who: are focused on growing the portfolio steadily and seeking income; have a low to moderate risk tolerance; and want a diversified portfolio of Shariah-compliant investments that may have some foreign exposure. Members who are under the Default Option and who are between 45 years to below 55 years, this Fund will be selected for you.
Risks Disclosure	Particular security risk, Credit/default risk, Interest rate risk, Single issuer risk, Counterparty risk, Small capitalization risk, Reinvestment risk, Islamic Collective investment scheme risk, Suspension of repurchased request risk, Shariah status reclassification risk, Shariah non-compliance risk

Hong Leong Private Retirement Scheme – Islamic (Core Fund)