Overview
Objective
To attain a mix of regular income stream and possible capital growth via investments into listed equities, Islamic debt instruments and other assets that are permissible under the Syariah Principles.
Financial Year End: November 30
Distribution Policy: Annually, if any.
Investor Profile
Suitable for investors who:
- are seeking a fully managed and balanced portfolio of investments that conforms to the Syariah Principles and
- has an investment horizon of five years or more.
Strategy
Equities
MDI invests in a wide range of assets that conforms to the Syariah Principles. It aims to increase long term returns by focusing on companies with good earning track records, sound management and having stronger growth potential.
Fixed Income
Investment in this asset class range from short-term government and corporate bonds that conforms to the Syariah Principles. Focus will be on overall credit quality and potential yield.
Depending on the prevailing economic scenario, MDI aims to optimally balance its investments between potentially high return equity investments and lower risk Islamic debt and money market instruments. Specific investments are chosen, mainly those that offer good potentials for income and growth. The Fund Manager will change the Fund's asset allocation mix depending on the prevailing economic conditions and the market outlook for both equity and bond. This strategy aims to reduce risk and achieve consistent returns.
Asset Allocation:
- Min 20% to Max 70% in Equities
- Min 20% to Max 70% in Debt Instrument.
- Min 10% in Cash.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 5.00% |
| Redemption Fee | None |
| Switching Fee | RM25 (Units switched are transacted at the Funds NAV.) |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1.35% |
| Management Expense Ratio (MER) | 1.47% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM500 Additional: RM100 |
| Regular Investment | Initial: RM500 Additional: RM100 |
| Account Balance | 100 units |
| Switching | 1,000 units |
Investment Return
| Investment Return as at 2010-09-03 | |
|---|---|
| 3 Month Return | 6.57% |
| 6 Month Return | 5.91% |
| 1 Year Return | 15.84% |
| 3 Year Return | 17.66% |
| 5 Year Return | 38.22% |
| Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only. | |
Related Funds
Copyright on names and logos used in this page belong to respective fund management companies.
Information in this fund profile page is compiled by Signalpoint Sdn. Bhd. based on the individual fund management company's public information, including but not limited to fund prospectus, fund fact sheets, etc, and are meant for information only. While best efforts have been made to ensure its accuracy, we cannot guarantee that the information presented here is completely accurate and without ommissions. Please contact issues@signalinvest.com if you believe there are errors or ommissions on this page.
Investors are advised to read and understand the fund's prospectus before investing.