Overview
Objective
This Fund aims to provide regular income and capital growth over the medium to long-term through investments predominantly in Syariah-approved debt securities, money market instruments and Trust Accounts.
Initial Offer period: 21 days from 21st Sept 2006 at RM1.00 per unit. Financial year end: 31st August.
Financial Year End: August 31
Distribution Policy: Annually, if any.
Investor Profile
It is suitable for investors seeking:
- a moderate to low risk investment that has exposure in debt securities, money market instruments and Trust Accounts that comply with the Syariah principles;
- a fund that aims to provide regular income stream; and/or
- a fund that aims for long-term capital growth.
Strategy
Asset Allocation:
- ARSTF will invest a minimum of 70% of the Fund's NAV in Syariah-approved debt securities and money market instruments rated at least "A" or "P2" by RAM or its MARC equivalent at the time of acquisition.
- The Fund may invest up to 30% of the Fund's NAV into ARB's Common Fund via Institutional Trust Account and/or other Trust Accounts.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 1.00% |
| Redemption Fee | None |
| Switching Fee | The fee charged will be based on the difference of the Initial Service charge between the fund to be switched from and the fund to be switched to. |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1% |
| Management Expense Ratio (MER) | 1.11% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM500 Additional: RM100 |
| Regular Investment | Initial: RM500 Additional: RM100 |
| Account Balance | 500 units |
| Switching | 500 units |
Investment Return
| Investment Return as at 2010-09-03 | |
|---|---|
| 3 Month Return | -0.91% |
| 6 Month Return | 0.81% |
| 1 Year Return | 2.75% |
| 3 Year Return | 10.47% |
| 5 Year Return | |
| 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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