To provide a steady income stream over the medium to long-term period through investments primarily in Sukuk.
28 June 2004
This Fund is suitable for you if you:-
seek regular income distribution;
have a medium to long-term investment horizon; and
have a low risk tolerance.
To achieve the objective of the Fund, the Fund intends to invest in a multitude of Malaysian-issued Sukuk whether issued by the Malaysian government or private companies.
These Sukuk are expected to provide profit at intervals which are predetermined. These profits will then be distributed to Unit Holders in the form of income.
The Fund is structured to be actively managed. However, the trading strategy, in terms of its frequency would depend on market conditions and will be driven by market outlook.
The Manager may take temporary defensive positions which may be inconsistent with the Fund’s principal strategy in attempting to respond to adverse marketing conditions, economics, political or any other conditions. In this regard, the Fund may hold up to all of its NAV in cash and money market instruments.
% of the Fund’s NAV
Malaysian-issued Sukuk whether issued by the Malaysian government or private companies
Cash and Islamic money market instruments
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 2.00% of the NAV per Unit of the Fund. Investors may negotiate for a lower charge.
The Sales Charge for investors purchasing Units through the EMIS shall be limited to a maximum charge of 3% of the NAV per Unit or as determined by the EPF.
Annual Management Fee
Up to 1.00% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
Up to 0.07% per annum of the NAV of the Fund, subject to a minimum of RM18,000 per annum (excluding foreign custodian fees and charges).