Hong Leong Islamic Cash Management Fund
Hong Leong Islamic Income Management Fund (HLIIMF) aims to provide investors with a low risk investment portfolio offering a stable and regular stream of income1 and stability in capital2 while adhering to Shariah requirements. The Fund intends to invest mainly in Islamic money market instruments and short-to-medium term3 sukuk. Islamic money market instruments include Islamic deposits, and other short-term4 Islamic money market instruments such as Islamic negotiable instruments and Islamic repurchase agreements with financial institutions.
Fund Information
| Fund Category | Fixed Income (Islamic) |
| Fund Type | Income |
| Product Risk Rating | High |
| Launch Date | 26 April 2007 |
| Asset Allocation (% of Fund’s NAV) |
Islamic money market instruments and sukuk: Minimum 70% and maximum 100%. Islamic liquid assets: Minimum 2%. |
| Performance Benchmark |
Malayan Banking Berhad 1-month GIA rate. |
| Investor Profile |
The Fund is suitable for investors who:- are looking for Shariah-compliant investments; want to preserve their capital2; wish to park excess funds in a relatively stable investment vehicle for short-to-medium term3; desire a stable and regular stream of income1; are seeking exposure to the sukuk market; and wish to diversify their investments. |
| Minimum Initial Investment | RM1000 |
| Minimum Subsequent Investment | RM100 |
| Specific Risks |
Particular security risk, credit/default risk, interest rate risk, single issuer risk and counterparty risk |
|
Notes:
Notes:
1 Income may be distributed in the form of cash and/or Units.
2 Please take note that this Fund is not a capital guaranteed fund or a capital protected fund and the returns are not guaranteed.
3 Refers to a period of 1 to 3 years.
4 Refers to a period of less than 1 year.
^ For effective date on sales charge and annual management fee, please refer to 3rd Supplementary Master Prospectus dated 31 December 2020.
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The information contained herein does not suggest, imply and should not be construed, in any manner, a guarantee of future performance and/or investment advice. Past performance does not guarantee future results. Therefore, no current or prospective investor should assume that the future performance will be profitable or equal to corresponding indicated performance levels. While the data contained herein has been prepared from information that HLAM believes to be reliable, HLAM does not warrant the accuracy or completeness of such information and shall not be liable in any manner whatsoever resulting from the use of this information.
Fee & Charges
| Sales Charge# | Up to 4% of the NAV per Unit |
| Redemption Charge / Fee | NIL |
| Switching Fee | NIL |
| Annual Management Fee# | Up to 1.50% p.a.^ |
| Annual Trustee Fee# | 0.08% p.a., subject to a minimum of RM18,000 p.a. (excluding foreign custodian fee and charges) |
| Sales Charge#: HLBoF-OIP | - |
| Sales Charge#: HLBoF-SAP | - |
| Exit Fee | - |
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Fund Performance
| 1M | 6M | 1Y | 3Y | 5Y | YTD | Since Inception | Date |
|---|---|---|---|---|---|---|---|
| 0.21 | 0.9 | -0.47 | 8.05 | 14.51 | 49.52 | -0.39 | 8/31/2021 |
Income Distribution
| Gross (sen) |
Net (sen) |
Cum Distri Date | Cum Distri Nav (RM) |
Reinvest Date | Reinvest Price (RM) |
Yield (%) |
Income (%) |
Capital (%) |
|---|---|---|---|---|---|---|---|---|
| 0.2200 | - | 8/25/2021 | 0.5136 | 8/26/2021 | 0.5113 | - | - | - |
| 0.2200 | - | 7/23/2021 | 0.5144 | 7/26/2021 | 0.5124 | - | - | - |
| 0.0500 | - | 6/25/2021 | 0.5121 | 6/28/2021 | 0.5119 | - | - | - |
| 0.0500 | - | 5/25/2021 | 0.5120 | 5/27/2021 | 0.5108 | - | - | - |
| 0.0500 | - | 4/23/2021 | 0.5106 | 4/26/2021 | 0.5105 | - | - | - |
| 0.0800 | - | 3/25/2021 | 0.5058 | 3/26/2021 | 0.5053 | - | - | - |
| 0.0800 | - | 2/25/2021 | 0.5164 | 2/26/2021 | 0.5136 | - | - | - |
| 0.0800 | - | 1/25/2021 | 0.5224 | 1/26/2021 | 0.5216 | - | - | - |
| 0.0800 | - | 12/24/2020 | 0.5222 | 12/28/2020 | 0.5215 | - | - | - |
| 0.0800 | - | 11/25/2020 | 0.5237 | 11/26/2020 | 0.5228 | - | - | - |
| 0.0800 | - | 10/23/2020 | 0.5258 | 10/26/2020 | 0.5251 | - | - | - |
| 0.0600 | - | 9/25/2020 | 0.5255 | 9/28/2020 | 0.5247 | - | - | - |
| 0.0600 | - | 8/25/2020 | 0.5268 | 8/26/2020 | 0.5261 | - | - | - |
| 0.0600 | - | 7/24/2020 | 0.5249 | 7/27/2020 | 0.5244 | - | - | - |
| 0.0600 | - | 6/25/2020 | 0.5190 | 6/26/2020 | 0.5185 | - | - | - |
| 0.0600 | - | 5/22/2020 | 0.5188 | 5/27/2020 | 0.5184 | - | - | - |
| 0.1100 | - | 4/24/2020 | 0.5166 | 4/27/2020 | 0.5160 | - | - | - |
| 0.1100 | - | 3/25/2020 | 0.5041 | 3/26/2020 | 0.5045 | - | - | - |
| 0.1100 | - | 2/25/2020 | 0.5189 | 2/26/2020 | 0.5182 | - | - | - |
| 0.1500 | - | 1/24/2020 | 0.5145 | 1/28/2020 | 0.5135 | - | - | - |
| 0.1500 | - | 12/24/2019 | 0.5106 | 12/26/2019 | 0.5092 | - | - | - |
| 0.1500 | - | 11/25/2019 | 0.5106 | 11/26/2019 | 0.5091 | - | - | - |
| 0.1500 | - | 10/25/2019 | 0.5116 | 10/29/2019 | 0.5100 | - | - | - |
| 0.1500 | - | 9/25/2019 | 0.5126 | 9/26/2019 | 0.5112 | - | - | - |
| 0.1500 | - | 8/23/2019 | 0.5142 | 8/26/2019 | 0.5128 | - | - | - |
| 0.1500 | - | 7/25/2019 | 0.5132 | 7/26/2019 | 0.5117 | - | - | - |
| 0.1500 | - | 6/25/2019 | 0.5132 | 6/26/2019 | 0.5118 | - | - | - |
| 0.1500 | - | 5/24/2019 | 0.5134 | 5/27/2019 | 0.5120 | - | - | - |
| 0.1500 | - | 4/25/2019 | 0.5137 | 4/26/2019 | 0.5122 | - | - | - |
| 0.1500 | - | 3/25/2019 | 0.5139 | 3/26/2019 | 0.5125 | - | - | - |
| 0.1500 | - | 2/25/2019 | 0.5144 | 2/26/2019 | 0.5128 | - | - | - |
| 0.1500 | - | 1/25/2019 | 0.5145 | 1/28/2019 | 0.5131 | - | - | - |
| 0.1500 | - | 12/24/2018 | 0.5148 | 12/26/2018 | 0.5133 | - | - | - |
| 0.1500 | - | 11/23/2018 | 0.5149 | 11/26/2018 | 0.5135 | - | - | - |
| 0.1500 | - | 10/25/2018 | 0.5153 | 10/26/2018 | 0.5138 | - | - | - |
| 0.1500 | - | 9/25/2018 | 0.5154 | 9/26/2018 | 0.5139 | - | - | - |
| 0.1500 | - | 8/24/2018 | 0.5152 | 8/27/2018 | 0.5139 | - | - | - |
| 0.1500 | - | 7/25/2018 | 0.5153 | 7/26/2018 | 0.5138 | - | - | - |
| 0.1500 | - | 6/25/2018 | 0.5151 | 6/26/2018 | 0.5137 | - | - | - |
| 0.1500 | - | 5/25/2018 | 0.5151 | 5/28/2018 | 0.5137 | - | - | - |
| 0.1500 | - | 4/25/2018 | 0.5156 | 4/26/2018 | 0.5140 | - | - | - |
| 0.1500 | - | 3/23/2018 | 0.5159 | 3/26/2018 | 0.5145 | - | - | - |
| 0.1500 | - | 2/23/2018 | 0.5161 | 2/26/2018 | 0.5147 | - | - | - |
| 0.1500 | - | 1/25/2018 | 0.5165 | 1/26/2018 | 0.5150 | - | - | - |
| 0.1500 | - | 12/22/2017 | 0.5164 | 12/26/2017 | 0.5151 | - | - | - |
| 0.1000 | - | 11/24/2017 | 0.5164 | 11/27/2017 | 0.5155 | - | - | - |
| 0.1000 | - | 10/25/2017 | 0.5163 | 10/26/2017 | 0.5152 | - | - | - |
| 0.1000 | - | 9/25/2017 | 0.5161 | 9/26/2017 | 0.5152 | - | - | - |
| 0.1000 | - | 8/25/2017 | 0.5157 | 8/28/2017 | 0.5148 | - | - | - |
| 0.1000 | - | 7/25/2017 | 0.5154 | 7/26/2017 | 0.5143 | - | - | - |
| 0.1000 | - | 6/23/2017 | 0.5152 | 6/28/2017 | 0.5144 | - | - | - |
| 0.1000 | - | 5/25/2017 | 0.5149 | 5/26/2017 | 0.5140 | - | - | - |
| 0.1000 | - | 4/25/2017 | 0.5137 | 4/26/2017 | 0.5128 | - | - | - |
| 0.1000 | - | 3/24/2017 | 0.5132 | 3/27/2017 | 0.5124 | - | - | - |
| 0.1000 | - | 2/24/2017 | 0.5149 | 2/27/2017 | 0.5142 | - | - | - |
| 0.1000 | - | 1/19/2017 | 0.5119 | 1/20/2017 | 0.5111 | - | - | - |
| 0.3000 | - | 12/23/2016 | 0.5134 | 12/27/2016 | 0.5106 | - | - | - |
| 0.1000 | - | 11/25/2016 | 0.5121 | 11/28/2016 | 0.5110 | - | - | - |
| 0.1000 | - | 10/25/2016 | 0.5161 | 10/26/2016 | 0.5152 | - | - | - |
| 0.1000 | - | 9/23/2016 | 0.5159 | 9/26/2016 | 0.5150 | - | - | - |
| 0.1000 | - | 8/25/2016 | 0.5156 | 8/26/2016 | 0.5147 | - | - | - |
| 0.1000 | - | 7/25/2016 | 0.5152 | 7/26/2016 | 0.5142 | - | - | - |
| 0.1000 | - | 6/24/2016 | 0.5144 | 6/27/2016 | 0.5135 | - | - | - |
| 0.1000 | - | 5/25/2016 | 0.5140 | 5/26/2016 | 0.5130 | - | - | - |
| 0.1000 | - | 4/25/2016 | 0.5137 | 4/26/2016 | 0.5127 | - | - | - |
| 0.1000 | - | 3/25/2016 | 0.5133 | 3/28/2016 | 0.5124 | - | - | - |
| 0.1000 | - | 2/25/2016 | 0.5129 | 2/26/2016 | 0.5120 | - | - | - |
| 0.1000 | - | 1/22/2016 | 0.5121 | 1/26/2016 | 0.5114 | - | - | - |
| 0.1000 | - | 12/23/2015 | 0.5116 | 12/28/2015 | 0.5108 | - | - | - |
| 0.1000 | - | 11/25/2015 | 0.5111 | 11/26/2015 | 0.5102 | - | - | - |
| 0.1000 | - | 10/23/2015 | 0.5106 | 10/26/2015 | 0.5097 | - | - | - |
| 0.1000 | - | 9/25/2015 | 0.5101 | 9/28/2015 | 0.5093 | - | - | - |
| 0.1000 | - | 8/25/2015 | 0.5098 | 8/26/2015 | 0.5087 | - | - | - |
| 0.1000 | - | 7/24/2015 | 0.5104 | 7/27/2015 | 0.5096 | - | - | - |
| 0.1000 | - | 6/25/2015 | 0.5101 | 6/26/2015 | 0.5092 | - | - | - |
| 0.1000 | - | 5/25/2015 | 0.5099 | 5/26/2015 | 0.5089 | - | - | - |
| 0.1000 | - | 4/24/2015 | 0.5092 | 4/27/2015 | 0.5083 | - | - | - |
| 0.1000 | - | 3/25/2015 | 0.5086 | 3/26/2015 | 0.5076 | - | - | - |
| 0.1000 | - | 2/25/2015 | 0.5081 | 2/26/2015 | 0.5072 | - | - | - |
| 0.1000 | - | 1/23/2015 | 0.5076 | 1/26/2015 | 0.5067 | - | - | - |
| 0.0800 | - | 12/24/2014 | 0.5070 | 12/26/2014 | 0.5063 | - | - | - |
| 0.0800 | - | 11/25/2014 | 0.5071 | 11/26/2014 | 0.5063 | - | - | - |
| 0.0800 | - | 10/24/2014 | 0.5064 | 10/27/2014 | 0.5058 | - | - | - |
| 0.0800 | - | 9/25/2014 | 0.5060 | 9/26/2014 | 0.5052 | - | - | - |
| 0.0800 | - | 8/25/2014 | 0.5055 | 8/26/2014 | 0.5047 | - | - | - |
| 0.0300 | - | 7/25/2014 | 0.5041 | 7/30/2014 | 0.5041 | - | - | - |
| 0.0800 | - | 6/25/2014 | 0.5035 | 6/26/2014 | 0.5027 | - | - | - |
| 0.0800 | - | 5/23/2014 | 0.5031 | 5/26/2014 | 0.5025 | - | - | - |
| 0.0800 | - | 4/25/2014 | 0.5024 | 4/28/2014 | 0.5018 | - | - | - |
| 0.0800 | - | 3/25/2014 | 0.5013 | 3/26/2014 | 0.5007 | - | - | - |
| 0.0800 | - | 2/25/2014 | 0.5009 | 2/26/2014 | 0.5002 | - | - | - |
| 0.1000 | - | 1/24/2014 | 0.5017 | 1/27/2014 | 0.5006 | - | - | - |
| 0.1200 | - | 12/24/2013 | 0.5034 | 12/26/2013 | 0.5021 | - | - | - |
| 0.1200 | - | 11/25/2013 | 0.5031 | 11/26/2013 | 0.5019 | - | - | - |
| 0.1200 | - | 10/25/2013 | 0.5044 | 10/28/2013 | 0.5036 | - | - | - |
| 0.1200 | - | 9/25/2013 | 0.5036 | 9/26/2013 | 0.5024 | - | - | - |
| 0.1200 | - | 8/23/2013 | 0.5042 | 8/26/2013 | 0.5033 | - | - | - |
| 0.1200 | - | 7/25/2013 | 0.5057 | 7/26/2013 | 0.5044 | - | - | - |
| 0.1200 | - | 6/25/2013 | 0.5060 | 6/26/2013 | 0.5048 | - | - | - |
| 0.1200 | - | 5/23/2013 | 0.5072 | 5/27/2013 | 0.5062 | - | - | - |
| 0.1200 | - | 4/25/2013 | 0.5055 | 4/26/2013 | 0.5044 | - | - | - |
| 0.1200 | - | 3/25/2013 | 0.5049 | 3/26/2013 | 0.5039 | - | - | - |
| 0.1400 | - | 2/25/2013 | 0.5049 | 2/26/2013 | 0.5035 | - | - | - |
| 0.1200 | - | 1/25/2013 | 0.5049 | 1/29/2013 | 0.5039 | - | - | - |
| 0.1200 | - | 12/24/2012 | 0.5045 | 12/26/2012 | 0.5034 | - | - | - |
| 0.1100 | - | 11/23/2012 | 0.5043 | 11/26/2012 | 0.5033 | - | - | - |
| 0.1200 | - | 10/25/2012 | 0.5046 | 10/29/2012 | 0.5035 | - | - | - |
| 0.1200 | - | 9/25/2012 | 0.5045 | 9/26/2012 | 0.5032 | - | - | - |
| 0.1100 | - | 8/24/2012 | 0.5049 | 8/27/2012 | 0.5038 | - | - | - |
| 0.1100 | - | 7/25/2012 | 0.5048 | 7/26/2012 | 0.5038 | - | - | - |
| 0.1100 | - | 6/25/2012 | 0.5045 | 6/26/2012 | 0.5035 | - | - | - |
| 0.1000 | - | 5/25/2012 | 0.5043 | 5/28/2012 | 0.5034 | - | - | - |
| 0.1200 | - | 4/25/2012 | 0.5045 | 4/26/2012 | 0.5032 | - | - | - |
| 0.1000 | - | 3/23/2012 | 0.5042 | 3/26/2012 | 0.5034 | - | - | - |
| 0.1200 | - | 2/24/2012 | 0.5047 | 2/27/2012 | 0.5036 | - | - | - |
| 0.1300 | - | 1/25/2012 | 0.5045 | 1/26/2012 | 0.5032 | - | - | - |
| 0.1200 | - | 12/23/2011 | 0.5035 | 12/27/2011 | 0.5024 | - | - | - |
| 0.1200 | - | 11/25/2011 | 0.5035 | 11/29/2011 | 0.5025 | - | - | - |
| 0.1300 | - | 10/25/2011 | 0.5031 | 10/27/2011 | 0.5018 | - | - | - |
| 0.0700 | - | 9/23/2011 | 0.5027 | 9/26/2011 | 0.5021 | - | - | - |
| 0.1400 | - | 8/25/2011 | 0.5039 | 8/26/2011 | 0.5026 | - | - | - |
| 0.1100 | - | 7/25/2011 | 0.5035 | 7/26/2011 | 0.5024 | - | - | - |
| 0.1400 | - | 6/24/2011 | 0.5037 | 6/27/2011 | 0.5024 | - | - | - |
| 0.1100 | - | 5/25/2011 | 0.5035 | 5/26/2011 | 0.5024 | - | - | - |
| 0.1100 | - | 4/25/2011 | 0.5035 | 4/26/2011 | 0.5024 | - | - | - |
| 0.1100 | - | 3/25/2011 | 0.5035 | 3/28/2011 | 0.5025 | - | - | - |
| 0.1100 | - | 2/25/2011 | 0.5035 | 2/28/2011 | 0.5025 | - | - | - |
| 0.1200 | - | 1/25/2011 | 0.5037 | 1/26/2011 | 0.5025 | - | - | - |
| 0.1100 | - | 12/24/2010 | 0.5036 | 12/27/2010 | 0.5026 | - | - | - |
| 0.1100 | - | 11/25/2010 | 0.5037 | 11/26/2010 | 0.5026 | - | - | - |
| 0.1200 | - | 10/25/2010 | 0.5037 | 10/26/2010 | 0.5026 | - | - | - |
| 0.1100 | - | 9/24/2010 | 0.5037 | 9/27/2010 | 0.5027 | - | - | - |
| 0.1200 | - | 8/25/2010 | 0.5039 | 8/26/2010 | 0.5027 | - | - | - |
| 0.1000 | - | 7/23/2010 | 0.5037 | 7/26/2010 | 0.5028 | - | - | - |
| 0.1000 | - | 6/25/2010 | 0.5039 | 6/28/2010 | 0.5030 | - | - | - |
| 0.1100 | - | 5/25/2010 | 0.5040 | 5/26/2010 | 0.5029 | - | - | - |
| 0.0900 | - | 4/23/2010 | 0.5038 | 4/26/2010 | 0.5030 | - | - | - |
| 0.0900 | - | 3/25/2010 | 0.5039 | 3/26/2010 | 0.5030 | - | - | - |
| 0.0900 | - | 2/25/2010 | 0.5040 | 3/1/2010 | 0.5033 | - | - | - |
| 0.1000 | - | 1/25/2010 | 0.5045 | 1/26/2010 | 0.5035 | - | - | - |
| 0.0900 | - | 12/24/2009 | 0.5042 | 12/28/2009 | 0.5035 | - | - | - |
| 0.1000 | - | 11/25/2009 | 0.5044 | 11/26/2009 | 0.5034 | - | - | - |
| 0.0900 | - | 10/23/2009 | 0.5044 | 10/26/2009 | 0.5036 | - | - | - |
| 0.0900 | - | 9/25/2009 | 0.5044 | 9/28/2009 | 0.5036 | - | - | - |
| 0.1000 | - | 8/25/2009 | 0.5043 | 8/26/2009 | 0.5033 | - | - | - |
| 0.0800 | - | 7/24/2009 | 0.5038 | 7/27/2009 | 0.5031 | - | - | - |
| 0.0800 | - | 6/25/2009 | 0.0000 | 6/26/2009 | 0.5031 | - | - | - |
| 0.0900 | - | 5/25/2009 | 0.0000 | 5/26/2009 | 0.0000 | - | - | - |
| 0.0900 | - | 4/24/2009 | 0.0000 | 4/27/2009 | 0.0000 | - | - | - |
| 0.1200 | - | 3/25/2009 | 0.0000 | 3/26/2009 | 0.0000 | - | - | - |
| 0.0900 | - | 2/25/2009 | 0.0000 | 2/26/2009 | 0.0000 | - | - | - |
| 0.1400 | - | 1/20/2009 | 0.0000 | 1/21/2009 | 0.0000 | - | - | - |
| 0.1000 | - | 12/24/2008 | 0.0000 | 12/26/2008 | 0.0000 | - | - | - |
| 0.1100 | - | 11/25/2008 | 0.0000 | 11/26/2008 | 0.0000 | - | - | - |
| 0.1400 | - | 10/24/2008 | 0.0000 | 10/28/2008 | 0.0000 | - | - | - |
| 0.1200 | - | 9/25/2008 | 0.0000 | 9/26/2008 | 0.0000 | - | - | - |
| 0.1400 | - | 8/25/2008 | 0.0000 | 8/26/2008 | 0.0000 | - | - | - |
| 0.1300 | - | 7/25/2008 | 0.0000 | 7/28/2008 | 0.0000 | - | - | - |
| 0.1300 | - | 6/25/2008 | 0.0000 | 6/26/2008 | 0.0000 | - | - | - |
| 0.0200 | - | 5/23/2008 | 0.0000 | 5/26/2008 | 0.0000 | - | - | - |
| 0.1000 | - | 4/30/2008 | 0.0000 | 5/8/2008 | 0.0000 | - | - | - |
| 0.1300 | - | 3/31/2008 | 0.0000 | 4/3/2008 | 0.0000 | - | - | - |
| 0.1300 | - | 2/29/2008 | 0.0000 | 3/3/2008 | 0.0000 | - | - | - |
| 0.1200 | - | 1/31/2008 | 0.0000 | 2/4/2008 | 0.0000 | - | - | - |
| 0.1300 | - | 12/31/2007 | 0.0000 | 1/3/2008 | 0.0000 | - | - | - |
| 0.1400 | - | 11/30/2007 | 0.0000 | 12/6/2007 | 0.0000 | - | - | - |
| 0.1300 | - | 10/31/2007 | 0.0000 | 11/7/2007 | 0.0000 | - | - | - |
| 14.0000 | - | 9/28/2007 | 0.0000 | 10/4/2007 | 0.0000 | - | - | - |
| 0.1300 | - | 8/30/2007 | 0.0000 | 9/6/2007 | 0.0000 | - | - | - |
| 0.1200 | - | 7/31/2007 | 0.0000 | 8/9/2007 | 0.0000 | - | - | - |
| 0.1500 | - | 6/29/2007 | 0.0000 | 7/5/2007 | 0.0000 | - | - | - |
Source: Lipper. The Yield represents a financial ratio that shows how much a fund pays out in income distribution each year relative to its fund price at the beginning of the year. In the absence of any capital gains, the dividend yield is the return on investment for a fund.
Historical Fund Price
| Valuation Date | NAV (RM) |
|---|---|
| 10/4/2023 | 0.4979 |
