Skip to main content Skip to notification content
Back

 

Manulife Shariah Indonesia Equity Fund

Capture the growth potential
in Southeast Asia’s largest economy1

1Source: The World Bank, last updated 5 April 2022.

Strong economic fundamentals

Learn more

Favourable demographics

Learn more

Abundance of natural resources

Learn more

Key fund information

Learn more

Strong economic fundamentals

 
  • Indonesia is an emerging global powerhouse in Asia, offering a wide range of investment opportunities to investors.
  • Its solid macroeconomic fundamentals – exemplified by a stable rupiah and sovereign rating upgrades – coupled with well-managed fiscal and monetary policies inspired strong investors’ confidence.
 
  • Indonesia is an emerging global powerhouse in Asia, offering a wide range of investment opportunities to investors.
  • Its solid macroeconomic fundamentals – exemplified by a stable rupiah and sovereign rating upgrades – coupled with well-managed fiscal and monetary policies inspired strong investors’ confidence.
Priority of dividends and claims
Priority of dividends and claims

Source: GDP projection based on Bloomberg forecast as of 24 February 2022.  F = forecast.

The above information may contain projections or other forward-looking statements regarding future events, targets, management discipline or other expectations. There is no assurance that such events will occur, and the future course may be significantly different from that shown here.

 

Favourable demographics

 
  • As of mid-2020, more than 270 million2 people call Indonesia home, making it the most populous country in Southeast Asia3 and the most populous Muslim country in the world3. Indonesia also has a young population, with a median age of 29.7 years4.
  • The populous and young demographics provide the country with a huge domestic consumer market, a ready labour market and strong productivity to propel the country’s growth.
Yield to maturity as at 31 December 2021
Yield to maturity as at 31 December 2021
Yield to maturity as at 31 December 2021

Source: Badan Pusat Statistik, 2019.

2 United Nations, Department of Economic and Social Affairs, Population Division (2019). 

3 WorldAtlas, April 2021. 

4 Worldometer - Countries in the world by population (2022).

The above information may contain projections or other forward-looking statements regarding future events, targets, management discipline or other expectations. There is no assurance that such events will occur, and the future course may be significantly different from that shown here.

 

Abundance of natural resources

 

  • Indonesia is endowed with rich natural resources such as natural gas, crude petroleum, coal, nickel, bauxite and copper5. It is also the world’s top palm oil producer6.
  • Indonesia benefits from its position as a major commodity exporter against a backdrop of surging commodity prices in recent months. This contributed tremendously to its rapid economic recovery post-pandemic and should continue to fuel economic growth moving forward.
  • It is also a beneficiary of the global shift from fossil fuel to renewable energy, with its vast mineral resources being key in the renewable energy supply chain.
Average long term default rates (1990 – 2020)
Average long term default rates (1990 – 2020)
Average long term default rates (1990 – 2020)

5 WorldAtlast, “What are the major natural resources of Indonesia?”, October 2018.

6 Reuters, “Indonesia bans palm oil exports as global food inflation spikes”, 24 April 2022

7 U.S. Geological Survey, Mineral Commodity Summaries, January 2020.

8 U.S. Geological Survey, Mineral Commodity Summaries, January 2021. 

9 Deloitte Indonesia Perspectives, Second Edition, February 2021.

e refers to estimated.

The above information may contain projections or other forward-looking statements regarding future events, targets, management discipline or other expectations. There is no assurance that such events will occur, and the future course may be significantly different from that shown here.

 

Key fund information

Key fund information

Fund category
Equity (Shariah-Compliant)
Investment objective
The Fund aims to achieve capital appreciation by investing in Shariah-compliant equities and Shariah-compliant equity-related securities of companies in Indonesia market.
Investor profile
The Fund is suitable for investors who:
  • seek capital appreciation;
  • prefer Shariah-compliant investment;
  • have a long-term investment horizon; and
  • wish to seek investment exposure in the Indonesia market.
Investment policy and strategy
The Fund aims to achieve capital appreciation by investing in Shariah-compliant equities and Shariah-compliant equity-related securities of companies in Indonesia market.

The Fund will invest at least 70% to 98% of its net asset value (NAV) in a diversified portfolio of Shariah-compliant equities and Shariah-compliant equity-related securities of companies domiciled in/ listed in/ or have significant operations* in Indonesia, which includes companies domiciled in or have significant operations* in Indonesia but listed in other foreign markets. The remaining NAV of the Fund will be in cash, Islamic money market instruments, general investment accounts and/or Islamic deposits. The Fund may invest in these investments directly or via an Islamic collective investment scheme.

*Significant operations mean the revenue, earnings, production facilities, assets and/or investments of a company are based in/derived from Indonesia. The level of significance will be determined by the Manager on a case-by-case basis based on his/her research and judgement.
Performance benchmark
Jakarta Islamic Index 70

Note: The performance benchmark above is only used as a reference for investment performance comparison purpose. The risk profile of the Fund is not the same as the risk profile of this performance benchmark. The performance benchmark information is available at www.manulifeim.com.my.
Initial offer price
A (RM) Class: RM0.5000
Initial offer period
Twenty-one (21) days from 18 August 2022 to 7 September 2022
Sales charge
Distribution channels                  Sales charge
IUTA
UTC                                            Up to 5.00% of the NAV per Unit
Manager
Annual management fee
Up to 1.80% of the NAV of the Fund per annum calculated and accrued on a daily basis.
Annual trustee fee
0.06% per annum of the NAV of the Fund (including local custodian fees but excluding foreign custodian fees and charges).
Minimum initial investment
A (RM) Class     RM1,000
Minimum additional investment
A (RM) Class     RM100
Distribution policy
Distribution of income, if any, is incidental.

Note: For details, please refer to the fund prospectus.
Cooling-off period
The cooling-off period is only applicable to any individual investing for the first time in any unit trust funds managed by the Manager and excludes staff of the Manager and persons registered with a body approved by the SC to deal in unit trust funds. You have the right, within six (6) Business Days from the day of the receipt by the Manager of your application form, to call for a withdrawal of your investment.

 

Key fund information

Fund category: Equity (Shariah-Compliant)

Investment objective: The Fund aims to achieve capital appreciation by investing in Shariah-compliant equities and Shariah-compliant equity-related securities of companies in Indonesia market.

Investor profile: The Fund is suitable for investors who:

  • seek capital appreciation;

  • prefer Shariah-compliant investment;

  • have a long-term investment horizon; and

  • wish to seek investment exposure in the Indonesia market.

Investment policy and strategy: The Fund aims to achieve capital appreciation by investing in Shariah-compliant equities and Shariah-compliant equity-related securities of companies in Indonesia market.

The Fund will invest at least 70% to 98% of its net asset value (NAV) in a diversified portfolio of Shariah-compliant equities and Shariah-compliant equity-related securities of companies domiciled in/ listed in/ or have significant operations* in Indonesia, which includes companies domiciled in or have significant operations* in Indonesia but listed in other foreign markets. The remaining NAV of the Fund will be in cash, Islamic money market instruments, general investment accounts and/or Islamic deposits. The Fund may invest in these investments directly or via an Islamic collective investment scheme.

*Significant operations mean the revenue, earnings, production facilities, assets and/or investments of a company are based in/derived from Indonesia. The level of significance will be determined by the Manager on a case-by-case basis based on his/her research and judgement.

Performance benchmark: Jakarta Islamic Index 70

Note: The performance benchmark above is only used as a reference for investment performance comparison purpose. The risk profile of the Fund is not the same as the risk profile of this performance benchmark. The performance benchmark information is available at www.manulifeim.com.my.

Initial offer price: A (RM) Class: RM0.5000

Initial offer period: Twenty-one (21) days from 18 August 2022 to 7 September 2022

Sales charge: 
Distribution channels
IUTA
UTC
Manager

Sales charge
Up to 5.00% of the NAV per Unit

Annual management fee: Up to 1.80% of the NAV of the Fund per annum calculated and accrued on a daily basis.

Annual trustee fee: 0.06% per annum of the NAV of the Fund (including local custodian fees but excluding foreign custodian fees and charges).

Minimum initial investment:  A (RM) Class     RM1,000

Minimum additional investment: A (RM) Class     RM100

Distribution policy: Distribution of income, if any, is incidental.

Note: For details, please refer to the fund prospectus.

Cooling-off period: The cooling-off period is only applicable to any individual investing for the first time in any unit trust funds managed by the Manager and excludes staff of the Manager and persons registered with a body approved by the SC to deal in unit trust funds. You have the right, within six (6) Business Days from the day of the receipt by the Manager of your application form, to call for a withdrawal of your investment.

 

Contact your unit trust adviser or call our Customer Service at 03-2719 9271 for more information.

 

 

Important notice

WhatsApp scam alert & how to verify the status of a unit trust advisor. Click here for more information.

View more
Notice

We have migrated our website domain name to www.manulifeim.com.my.

View more
Important notice

WhatsApp scam alert & how to verify the status of a unit trust advisor. Click here for more information.

View more
Notice

We have migrated our website domain name to www.manulifeim.com.my.

View more