Investment Objective

To provide a steady recurring income that is potentially higher than prevailing fixed deposit rates. At the same time, the Fund also attempts to attain medium-to-long term capital appreciation.

Investment Strategies

Invests in stocks which have good dividend payout policies and reasonable medium-to-long term capital appreciation opportunities. Stocks with good dividend payout policies are those that have been consistently paying high dividends over the last three to five years, and are able to sustain this at least over the next one year. The Fund also invests in fixed income instruments with good credit qualities and impressive yield enhancement opportunities. The portfolio construction process is research driven and is based on macroeconomic analysis, interest rate analysis, credit and yield spread analysis.

Asset Allocation:

• Minimum 70% of its NAV in Equity and Equity Related Securities.


• 0 - 20% of its NAV in fixed income securities


• Minimum liquid asset ratio of not less than 5% of the NAV in liquid assets.

Some basic fees:

Fund Category / Type	-	Equity / Income
Service Charge	-	5.0 %
Exit Fee	-	Nil
Annual Management Fee	-	1.50% per annum of the Fund's NAV calculated on a daily basis
Annual Trustee Fee	-	0.07% per annum of the Fund's NAV calculated on a daily basis, subject to a minimum of RM18,000 p.a.
Investors' Profile	-	Suited for investors who prefer a regular income stream, stable investment returns and potential for medium-to-long term capital appreciation.
Switching Policy	-	HLG UT Equity/Balanced Funds   3 free switches in a calendar year. Subsequent switches will be subjected to a switching fee of 0.5% of the switched amount.Switch at NAV / Repurchase Price HLG Institutional Bond Fund (HLGIBF)   Investors wishing to switch their investment will have to exit the Fund and reinvest into the intended Fund(s) at the prevailing selling price.   Switching into HLGIBF is only permitted for institutional investors subject to the following conditions:     Switching at NAV/Repurchase Price     The switched amount must meet the minimum switching amount of HLGIBF i.e. 200,000 Units     Entitled to 3 free switches per calendar year. Subsequent switches will be subjected to a switching fee of 0.5% of the switched amount.