Overview
Objective
The Fund aims to provide investors with medium to long term capital appreciation through investments in securities of Malaysian companies that will benefit from prevailing investment themes and that conform with Shariah principles.
Launch Date: 28th Feb 2008 at initial offer price of RM0.25 per unit.
Distribution Policy: Distributions, if any, are incidental and are at the discretion of the Manager.
Investor Profile
Suitable for investors who:
- want a Shariah-compliant investment;
- want an investment that participates and benefits from evolving investment trends;
- prefer capital growth over income over a medium to long time period and;
- are willing to accept above average to high risk in their investments.
Strategy
The strategy of the Fund will be to invest in sectors that are related to the prevailing domestic and/or global investment themes. In identifying the investment themes, the Manager will consider prevailing and potential macro economic factors and trends, social and political developments as well as technological advances that may reveal specific thematic investment opportunities. The Fund’s sector allocation will be actively managed by the Manager who has the option to aggressively overweight preferred sectors to take advantage of their market outlook. Sector analysis is done through quantitative and qualitative approaches. In determining the sector allocation and stock selection, the Manager will focus on the following:
- Identify the potential sector(s) in light of the prevailing domestic and/or global investment themes
- Study impact of the prevailing economic and political conditions
- Select particular sectors based primarily on the growth prospects and valuation of that sector. The most promising sectors will be chosen according to their rating levels as per the sector analysis.
- Invest in stocks of Malaysian companies in the chosen sectors based on the stocks’ potential for appreciation relative to the outlook for that sector. However, the Manager may, at its discretion, overweight or underweight at stock level if it is beneficial to the Fund.
- Review sector and stock picks monthly.
- up to 98% of the Fund’s NAV will be invested in equity securities listed on Bursa Malaysia that conform with Shariah principles; and
- At least 2% of the Fund’s NAV will be invested in Shariah-compliant liquid assets for liquidity purposes.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 6.50% |
| Redemption Fee | N/A |
| Switching Fee | RM100 (plus switching fee equal to the difference (if any) between the Service Charges of the two funds. The Manager has discretion to waive the Switching Fee and/or administrative fees.) |
| Free Switches Yearly | 4 |
| Annual Management Fee | 1.5% |
| Management Expense Ratio (MER) | 1.61% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM1,000 Additional: RM100 |
| Regular Investment | Initial: RM1,000 Additional: RM100 |
| Account Balance | 4,000 units |
| Switching | RM1,000 / 4,000 units |
Investment Return
| Investment Return as at 2010-07-30 | |
|---|---|
| 3 Month Return | 1.32% |
| 6 Month Return | 7.25% |
| 1 Year Return | 17.14% |
| 3 Year Return | |
| 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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