Both Hong Leong Dana Makmur and Hong Leong Dana Maa’rof received five additional individual fund awards from the Refinitiv Lipper Fund Awards 2022 – Global Islamic Universe. These funds are managed by Hong Leong Asset Management (Hong Leong AM) and are EPF-approved Islamic funds.
To recap, HL Dana Makmur and HL Dana Maa’rof have previously picked up nine individual fund awards from the Refinitiv Lipper Fund Awards 2022 – Malaysia Universe in March 2022. This new win brings HL Dana Makmur and HL Dana Maa’rof tally to fourteen individual fund awards.
“We are honoured that our Islamic funds have achieved yet another remarkable win this year. The recognition by the highly-respected Refinitiv Lipper Fund Awards is a testimonial to our investment philosophy and strategies; and is attributed to our investment team who have delivered consistently strong risk-adjusted returns for investors, while complying with Islamic principles,” Hoo See Kheng, Chief Executive Officer of Hong Leong AM said.
“As the appointed external fund manager for Hong Leong AM’s HL Dana Makmur and HL Dana Maa’rof, we are equally proud of Hong Leong AM for the significant achievement with their Islamic funds at the Refinitiv Lipper Fund Awards 2022. As we foresee a huge potential growth of the Islamic capital market in the coming years, together with the team at Hong Leong AM, we will continue our efforts to take Islamic asset management to the next level by leveraging on Islamic investment principles,” Noor Aini Binti Shaik Awab, Chief Executive Officer of Hong Leong Islamic AM said.
The fourteen Islamic individual fund awards received by Hong Leong AM for the period ended 31 December 2021 are:
Fourteen (14) Islamic Individual Fund Awards Fund Name *3-year Return (%) *5-yearReturn (%) *10-yearReturn (%) Hong Leong Dana Makmur (EPF-Approved Fund)
Malaysia Universe
Equity Malaysia, Malaysia Provident, 3 Years Equity Malaysia, Malaysia Provident, 5 Years
Equity Malaysia, Malaysia Islamic, 3 Years
Equity Malaysia, Malaysia Islamic, 5 Years Equity Malaysia, Malaysia Islamic, 10 Years
Global Islamic Universe
Equity Malaysia, Global Islamic, 3 Years Equity Malaysia, Global Islamic, 5 Years Equity Malaysia, Global Islamic, 10 Years 154.61 150.12 227.84 Hong Leong Dana Maa’rof (EPF-Approved Fund) Malaysia UniverseMixed Asset MYR Balanced, Malaysia Provident, 3 Years Mixed Asset MYR Balanced, Malaysia Provident, 5 Years Mixed Asset MYR Balanced, Malaysia Islamic, 3 Years Mixed Asset MYR Balanced, Malaysia Islamic, 5 Years
Global Islamic UniverseMixed Asset MYR Balanced, Global Islamic, 3 Years Mixed Asset MYR Balanced, Global Islamic, 5 Years 81.42 82.35 124.10
*Source: Lipper, as at 31 December 2021
