Overview
Objective
The Fund aims to grow the value of investments in the longer term with lower volatility through asset diversification, which conforms to Principles of Syariah.
Financial Year End: 30 Sept
Distribution Policy: Incidental.
Investor Profile
Best suited if you:
- Want to maintain principal and potential capital appreciation with lower volatility through a diversified portfolio of mixed assets.
- Want steady growth
- Have medium to long-term investment goals in Islamic investments.
Strategy
This Fund invests according to a balanced mix between equities and Islamic debt securities investments that conform to the Principles of Syariah with equity exposure ranging between 40% and 60%.
Value added for fixed income investments is from active tactical duration management, yield curve positioning and credit spread arbitraging. Value-add from equities investments is derived from active stock selection with focus on undervalued stocks relative to its earnings growth potential and/or its intrinsic value.
Tactical asset allocation between assets and sectors for the Fund is determined by analysis of economic factors which influence the business cycle.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 6.00% |
| Redemption Fee | None |
| Switching Fee | 6% (However, it may be waived or varied at Manager discretion.) |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1.5% |
| Management Expense Ratio (MER) | 1.83% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM1,000 Additional: RM500 |
| Regular Investment | Initial: RM1,000 Additional: RM200 |
| Account Balance | 1,000 units |
| Switching | RM1,000 |
Investment Return
| Investment Return as at 2010-09-09 | |
|---|---|
| 3 Month Return | 3.64% |
| 6 Month Return | 1.19% |
| 1 Year Return | 5.32% |
| 3 Year Return | 5.48% |
| 5 Year Return | 43.96% |
| Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only. | |
Downloads
| Fund Documents | |
|---|---|
| Prospectus | Refer to company website or branch office. |
Related Funds
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