The Fund seeks to provide investors with regular income stream through Shariah-compliant investments.
Mixed asset (Conservative) Fund
1 March 2013
This Fund is suitable for investors who expect to receive regular income distribution, have a moderate risk appetite, expect incidental growth in capital and want an investment that complies with Shariah requirements.
The Fund will invest in a diversified portfolio of Sukuks, Shariah-compliant equities and Islamic money market instruments. The Fund’s investments in Sukuks would consist of Malaysian and foreign-issued Sukuks whether issued by government or companies. In addition, the Fund will invest in equities with the anticipation to gain income from dividends.
The Fund’s asset allocation range is as follows: Sukuk and Islamic money market instruments – Minimum 60% to maximum of 100% of the NAV of the Fund, Shariah-compliant Equities – Maximum 40% of the NAV of the Fund and the remaining balance of the Fund’s NAV will be invested in Cash and Shariah-compliant deposits with financial institutions. Please note that the Manager will also maintain a sufficient level of cash or cash equivalent for liquidity purposes.
Minimum Initial Investment
RM1,000 (subject to change at Manager’s discretion)
Minimum Additional Investment
RM100 (subject to change at Manager’s discretion)
FEES & CHARGES
Sales Charge per Unit
Maximum 3.00% on the NAV per Unit of the Fund. Investors may negotiate for a lower Sales Charge.
Annual Management Fee
1.20% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
0.08% per annum of the NAV of the Fund subject to a minimum of RM18,000 per annum (excluding foreign sub-custodian fees and charges)