The Fund seeks to provide investors with capital appreciation by investing in Shariah-compliant investments.
14 December 2015
This Fund is suitable for you if you:-
seek Shariah-compliant investments;
seek potential capital growth;
have a medium to long term investment horizon; and
are risk tolerant.
To achieve its objective, the Fund will focus on investment in Shariah-compliant equities in Asia (ex Japan) region.
A minimum of 70% of the Fund’s NAV will be invested into Asian (ex Japan) countries. The Fund may also invest up to a maximum of 30% of its NAV into investments outside the Asian region with companies that are domiciled or derive their earnings from the Asian (ex Japan) region. The Fund seeks to invest in foreign markets where the regulatory authority is an ordinary or associate member of the International Organization of Securities Commissions
(IOSCO). The Fund will also hold a maximum of 30% of the Fund’s NAV in liquid assets which may include Islamic money market instruments and Islamic deposits with Financial Institutions. The Fund may also invest into Shariah-compliant collective investment schemes that are in line with the Fund’s investment objective.
The Fund’s asset allocation range is as follows:-
Minimum of 70% of the Fund’s NAV into Shariah-compliant equities
Maximum of 30% of the Fund’s NAV into Liquid assets which may include Islamic money market instruments and Islamic deposits with Financial Institutions.
Minimum Initial Investment
Minimum Additional Investment
Minimum Units Held
FEES & CHARGES
Sales Charge per Unit
Maximum Sales Charge
as a percentage of the
Initial Offer Price of a
Class during the Initial
Offer Period and
thereafter, on the NAV
per Unit of a Class*
Institutional Unit Trust
channel of the Manager
Unit trust consultants
* Investors may negotiate for a lower Sales Charge at the Manager’s discretion.
Annual Management Fee
Up to 1.80% per annum of NAV of the Fund.
Trustee Fee / Custodian fee
Up to 0.06% per annum of the NAV of the Fund, subject to a minimum of RM12,000 per annum (excluding foreign custodian fees and charges).
RM5.00 per transfer.
There are two (2) types of switching facilities available for
the Fund, which are:-
1. Switching between Class(es) of the Fund; and
Investors are entitled to two (2) free switching transactions per calendar year per account when switching between the Class(es) of the Fund. A switching fee of up to 1% of the NAV per Unit of the Class switched out from will be charged for any further switching transactions.
2. Switching from this Fund into other funds managed by the Manager.
Investors are allowed to switch from the Fund into other funds managed by the Manager provided that
the currency denomination of the fund that they intend to switch into is the same as the Fund. A switching fee of up to 1% of the NAV per Unit of the Class switched out from the Fund will be charged within the first six (6) months from the date of the investment by the Unit Holders.