MANULIFE SHARIAH PRS - MODERATE FUND

Investment Objective

  • The Fund aims to facilitate accumulation of retirement savings* through a combination of income# and capital growth over the long term

    *Please note that this Fund is neither a capital guaranteed fund nor a capital protected fund, therefore, a Member’s capital is neither guaranteed nor protected.

    # Income declared will be reinvested in the form of additional Units issued to Members.

Member profile

The Fund is suitable for Members who:

  • have a moderate risk appetite;
  • seek capital appreciation on and distribution of Units from their contributions;
  • seek an additional retirement savings* scheme other than EPF;
  • are not statutorily obliged to contribute to EPF;
  • 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.

 

Performance Benchmark

50% FTSE Bursa Malaysia EMAS Shariah Index + 50% 12-month Maybank Islamic Fixed Deposit rate

Note: Members should be aware that the risk profile of the Fund is not the same as the risk profile of the benchmark.

Investment Strategy

To achieve the objective of the Fund, the Provider will at all times invest a minimum of 40% up to a maximum of 60% of the Fund’s NAV in Shariah-compliant equities and/or equity-related securities.

That part of the Fund’s NAV not invested in Shariah-compliant equities and/or equity-related securities will be invested in Sukuk and Islamic commercial papers.

Further, the Fund may invest up to 30% of the Fund’s NAV at any time in foreign markets such as the Asia Pacific region whenever opportunities arise. The Asia Pacific region would include but are not limited to Australia, Hong Kong, Indonesia, Philippines, Korea, India, Singapore, Taiwan and Thailand.

Additionally, the Fund may, in the first five years from its launch or until its NAV has reached RM200 million (whichever is earlier), invest in Shariah-compliant collective investment schemes managed by the Provider up to a maximum of 60% of the Fund’s NAV in any one Shariah-compliant collective investment scheme, provided that their objectives are consistent with the objective of the Fund.

Asset Allocation

The Provider will at all times invest a minimum of 40% and a maximum of 60% of the Fund’s NAV into Shariah-compliant equities and/or equity-related securities; the remainder of the Fund’s NAV will be invested in sukuk, Islamic money market instruments and Islamic deposits with financial institutions.

    
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Your should be aware that if you did not indicate your selection of Funds, your contributions will be automatically allocated to Manulife Shariah PRS – Moderate Fund if you are within 40 years to below 50 years of age at the time of contribution.