sdsBase Currency

Ringgit Malaysia (MYR)

Category of fund

Equity

Type of Fund

Growth

Initial Offer Price

  • RM Class - RM 0.25
  • USD Class - USD 0.25
  • EUR Class - EUR 0.25
  • SGD Class - SGD 0.25

Minimum Initial Investment

  • RM Class - MYR 500
  • USD Class - USD 500
  • EUR Class - EUR 500
  • SGD Class - SGD 500

Minimum Additional Investment

  • RM Class - MYR 250
  • USD Class - USD 250
  • EUR Class - EUR 250
  • SGD Class - SGD 250

Investment Objective

The Fund seeks to achieve medium to long-term capital appreciation.

*Note:
“medium to long-term” in this context refers to 3 years or more.
 
Any material change to the investment objective of the Fund would require Unit Holders’ approvals.

Investment Policy and Strategy

The Fund will invest in listed equities (up to 98% of the Fund's NAV) of which 70% of the portfolio is allocated to companies in Malaysia and 30% to foreign companies where the regulatory authorities are the ordinary or associate members of the International Organization of Securities Commission (IOSCO). The investment composition of Malaysia's companies and foreign companies is not restricted to the ratio 70:30 as the composition may change according to the market condition.

The Fund invests through a rules-based investment process into listed companies that are compliant with the principles of the United Nations Global Compact, and Shariah compliant according to the SAC and AAOIFI rulebooks. The Fund is not actively managed as it employs quantitative approach which will be rebalanced/traded monthly for the Malaysian and foreign securities of the Fund.

The Manager may take temporary defensive positions that may be inconsistent with the Fund's principal strategy in attempting to respond to adverse market conditions to protect the Unit Holders' interest. During the temporary defensive position, the Fund may hold higher liquid asset or cash portion.


 

Asset Allocation

  • Up to 98% of the Fund‟s NAV will be invested in Shariah-ESG compliant Malaysia and foreign equities where the regulatory authorities are the ordinary or associate members of the International Organization of Securities Commission (IOSCO)
  • At least 2% of the Fund‟s NAV in Islamic deposits and Islamic money market instruments.

Benchmark

70:30 ratio of FBM KLCI Index and MSCI All Countries World Index.

The rationale of the combined benchmark is to reflect the Fund's portfolio composition of which 70% of the portfolio is to be invested in Malaysia's companies and 30% in foreign companies. The information on the combined benchmark can be obtained from the Fund's interim or annual report or BIMB Invest by contacting our toll-free number at 1-800-88-1196.

Source: Bursa Malaysia and MSCI.

Specific Risks Associated with the Fund

  • Stock Specific Risk
  • Liquidity Risk
  • Country Risk
  • Currency Risk
  • Political Risk
  • Regulatory Risk
  • Tactical Asset Allocation Risk
  • Warrant Risk

Investor Profile

Suitable for investors who:
  • who are seeking exposure to Shariah-compliant Malaysian and global equities.
  • who are seeking exposure to companies that have been screened for their Environment, Social & Governance (ESG) performance.
  • who are seeking capital appreciation over medium to long term period.
  • with moderate to high-risk tolerance.

Investor Risk Profile

Moderate to high-risk

Distribution Policy and Mode Of Distribution

Distribution of income (if any) is incidental. Distributions, if any, are at the discretion of the Manager and will vary from time to time depending on the availability of realised income for distribution and performance of the Fund.

Unit Holders should note that distribution payments, if any, will be paid out in the currencies in which the Classes are denominated.

Unit Holders may elect the mode of distribution in cash payment or additional Units by way of reinvestment by ticking the appropriate column in the application form.

If no option is made on the mode of distribution in the application form by the Unit Holders, the income distribution will be automatically reinvested into additional Units in the Fund.

The distribution reinvestment plan ensures that your income distributions are automatically reinvested to purchase additional Units in the same Fund. Distribution reinvestment will be at NAV per Unit (Ex Distribution), computed at the close of the Business Day of the distribution declaration date. No sales charge will be imposed on reinvestments of distribution proceeds.

Commencement Date

9 March 2017

Financial Year End

31 May

Manager

BIMB Investment Management Berhad

Trustee

CIMB Islamic Trustee Berhad

 

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