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Fund Category |
Fixed Income (Islamic) |
|
Fund Type |
Income |
|
Launch Date |
26 April 2007 |
Asset Allocation
(% of Fund’s NAV) |
-
Islamic money market instruments and sukuk: Minimum 70% and maximum 100%.
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Islamic liquid assets: Minimum 2%.
|
|
Performance Benchmark |
Malayan Banking Berhad 1-month GIA rate. |
|
Investor Profile |
The Fund is suitable for investors who:-
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are looking for Shariah-compliant investments;
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want to preserve their capital2;
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wish to park excess funds in a relatively stable investment vehicle for short-to-medium term3;
-
desire a stable and regular stream of income1;
-
are seeking exposure to the sukuk market; and
-
wish to diversify their investments.
|
|
Minimum Initial Investment |
RM1,000 |
|
Minimum Subsequent Investment |
RM100 |
|
Specific Risks |
Particular security risk, credit/default risk, interest rate risk, single issuer risk and counterparty risk |
Notes:
1 Income may be distributed in the form of cash and/or Units.
2 Please take note that this Fund is not a capital guaranteed fund or a capital protected fund and the returns are not guaranteed.
3 Refers to a period of 1 to 3 years.
4 Refers to a period of less than 1 year.
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