|
Fund Category |
Balanced (Islamic) |
|
Fund Type |
Growth & Income |
|
Product Risk Rating |
Medium |
|
Launch Date |
25 March 2003 |
Asset Allocation
(% of Fund’s NAV) |
-
Shariah-compliant equities: Minimum 40% and maximum 60%.
-
Islamic money market instruments and sukuk: Minimum 40% and maximum 60%.
|
|
Performance Benchmark |
40% 3-months KLIBOR rate + 60% FBM EMAS Shariah Index. |
|
Investor Profile |
The Fund is suitable for investors who:-
-
have conservative to moderate risk-reward temperament and are looking for returns from Shariah-compliant investments;
-
have preference in receiving regular income** and returns from capital growth; and
-
have medium-to-long term***** investment horizon.
|
|
Minimum Initial Investment |
RM1,000 |
|
Minimum Subsequent Investment |
RM100 |
|
Specific Risks |
Particular security risk, credit/default risk, interest rate risk, single issuer risk and Shariah status Reclassification risk. |
Notes:
* The Fund will generally maintain its asset allocation as an Islamic balanced Fund at all times.
** Income may be distributed in the form of cash and/or Units.
*** Please take note that the Fund aims to provide sustainable risk-adjusted returns in the form of capital growth and income in accordance with the performance benchmark and distribution policy of the Fund, although this is not guaranteed.
**** Unitholders may purchase Units in the Fund at a minimum initial investment from as low as RM100, subject to sales charge.
***** 3-5 years |