To achieve reasonable returns in both income and capital growth over a medium to long term period by investing in a wide portfolio of authorised securities and other investments which complies with Shariah principles.
11 November 2001
Investors who seek a portfolio of investments that complies with Shariah requirements and are willing to accept moderate risk.
AHABF seeks to maximise total returns by providing a combination of income, if any, and capital appreciation, if any, while reducing risk through diversified investments in Shariah-compliant equities and sukuk/Islamic debentures.
40% to 60% of the Fund’s NAV in Shariah-compliant equities
40% to 60% of the Fund’s NAV in Islamic money market & sukuk/Islamic debentures
Minimum 3% of the Fund’s NAV in Islamic liquid assets
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 5.5% NAV per Unit
Annual Management Fee
Up to 1.50% per annum of NAV
Trustee Fee / Custodian fee
Up to 0.08% per annum of NAV
Unit Holders may switch Units of the Fund to other Funds managed by the Manager, and vice versa. The Manager does not impose any administrative fee for switching. However, since switching is treated as withdrawal from one Fund and an investment into another Fund, the Unit Holders will have to pay the difference (if any) between the Sales Charge of these two Funds.