The Fund aims to provide investors with stable returns by enabling investors to participate in the growth prospect of the Malaysian market which is in compliance with Shariah principles.
08 December 2014
medium to long-term capital growth;
regular income distributions; and
have moderate risk tolerance.
To achieve its objective, the Fund will be investing primarily in dividend yielding equities and “next dividend leaders”
“Next dividend leaders” refers to equities that could, in the medium term (i.e for a period of three (3) years or less), potentially start paying high dividends or substantially increasing existing dividend payouts. High dividends refers to dividend yields that are above market average.
Minimum of 70% to maximum of 99.8% of the Fund’s NAV in equities
Minimum of 0.2% to maximum of 30% of the Fund’s NAV in Liquid assets including money market instruments and deposits
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 5.5% NAV per Unit
Annual Management Fee
Up to 1.85% per annum of NAV
Trustee Fee / Custodian fee
Up to 0.06% per annum of NAV
RM5.00 per transfer
There are two (2) types of switching facilities available for the Fund, namely:
Switching between Classes of the Fund; and
Switching between this Fund and other funds managed by the Manager.
The fees applicable to each switching type have been set by the Manager as follows:-
Switching between Class(es) of the Fund Investors are entitled to two (2) free switching transactions per calendar year per account when switching between the Classes 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.
Switching between this Fund and other funds managed by the Manager A switching fee of up to 1% of the NAV per Unit of the Class switched out from will be charged for switching out from the Fund to any other fund managed by the Manager within the first six (6) months from the date of the investment by the Unit Holders.