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%.
-
Islamic liquid assets: Minimum 2%.
|
Performance Benchmark |
Malayan Banking Berhad 1-month GIA rate. |
Investor Profile |
The Fund is suitable for investors who:-
-
are looking for Shariah-compliant investments;
-
want to preserve their capital**;
-
wish to park excess funds in a relatively stable investment vehicle for short-to-medium term;
-
desire a stable and regular stream of income*;
-
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:
* Income may be distributed in the form of cash and/or Units.
** Please take note that this Fund is not a capital guaranteed fund or a capital protected fund and the returns are not guaranteed. |