To achieve consistent capital appreciation over the medium to long term, by investing mainly in listed equities and other approved investments, which harmonised with the Islamic philosophy and laws.
Islamic Equity Fund
08 October 2002
Ideally for medium to long-term investors who are risk tolerant and seek higher returns for their investments.
The Fund invests primarily in Shariah-compliant securities. The fundamental investment process will be driven by key investment and sectoral themes prevailing in the market at any point in time. The guiding principle to the selection of investments will be premised on compliance with Shariah requirements.
Up to 99.8% of the Fund will be in Shariah-compliant equities and the remaining in cash, although the Fund may selectively invest in debentures as well.
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Maximum of 5.5% of the NAV per Unit
Annual Management Fee
1.5% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
0.07% per annum (including local custodian fee but excluding foreign sub-custodian fee) of the NAV of the Fund, subject to a minimum of RM18,000 per annum.