Manulife Shariah PRS -Global REIT 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 to provide regular income# and capital appreciation by investing in one Islamic collective investment scheme, which invests mainly in Islamic REITs.
#Income declared will be reinvested in the form of additional Units issued to Members.
Fund Category Feeder Fund (Islamic REITs)
Investment
Strategy		 The Fund will invest at least 95% of the Fund’s NAV in the Manulife Shariah Global REIT Fund (“Target Fund”), while the balance will be invested in Islamic liquid assets such as Islamic money market instruments and placement of Islamic deposits with financial institutions for liquidity purposes.

The Fund’s portfolio will be closely monitored and rebalanced from time to time to ensure that the Fund’s asset is allocated in accordance with its prescribed asset allocation.

If the Provider is of the opinion that the Target Fund no longer meets the Fund’s objective, the Provider will, in the interest of the members, seeks the Scheme Trustee’s consultation and subject to the Member’s approval, replace the Target Fund with another Islamic collective investment scheme of a similar objective.
Asset
Allocation		 Target Fund At least 95% of the Fund’s NAV will be invested in the Target Fund.
Liquid assets Balance of the Fund’s NAV in Islamic liquid assets such as Islamic money market instruments and placement of Islamic deposits with financial institutions for liquidity purposes.
Note: The Provider will ensure that there is sufficient liquidity for the Funds to meet redemption requests.
Performance
Benchmark		 IdealRatings® Global REITs Islamic Select Malaysia Index, which is also the performance benchmark of the Target Fund.
Note: Members should be aware that the risk profile of the Fund is not the same as the risk profile of the performance benchmark. The performance benchmark information and disclaimer of IdealRatings available in www.manulifeinvestment.com.my.
Member
Profile		 This Fund is suitable for Members who
  • seek investment exposure mainly through a diversified portfolio of REITs globally;
  • seek a sustainable distribution of Units and potential capital growth on their contributions over medium to long-term (means the period of three(3) to five (5) years);
  • seek an additional retirement savings* scheme other than mandatory retirement scheme;
  • are not statutorily obliged to contribute to mandatory retirement scheme;
  • are employers who wish to contribute on behalf of their employees having the aforesaid characteristics; and/or
  • seek to invest in a Shariah-compliant investment.
Please note that this Fund is neither capital guaranteed nor capital protected, therefore, a Member’s capital is neither guaranteed nor protected.
Risks
Disclosure		 Country Risk, Currency Risk, Collective investment schemes Risk, Risk considerations for investing in Derivatives, Structured Products and Warrants, Specific Risk related of the Target Fund
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