Hong Leong AM’s Islamic funds win five awards


Hong Leong Asset Management CEO Hoo See Kheng

KUALA LUMPUR: Hong Leong Asset Management Bhd’s (Hong Leong AM) EPF-approved Islamic funds - Hong Leong Dana Makmur (HL Dana Makmur) and Hong Leong Dana Maa’rof (HL Dana Maa’rof) received five additional individual fund awards from the Refinitiv Lipper Fund Awards 2022 - Global Islamic Universe.

In a statement, Hong Leong AM said both 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.

The 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,” Hong Leong AM chief executive office Hoo See Kheng said.

HL Dana Makmur and HL Dana Maa’rof are distributed nationwide through Hong Leong AM’s offices, its agency force and appointed institutional unit trust advisers, with Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd being the main distributors.

The two funds are also available via Hong Leong AM’s online platform - HL iSmart Invest.

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