Category of Fund

Shariah-compliant mixed asset

Type of Fund

Growth

Investment Objective

The Fund seeks to achieve *long-term capital growth by investing in a diversified portfolio of Shariah-compliant Securities. *Long-term in this context refers to a period of more than five (5) years

*Note:
Any material change to the investment objective of the Fund would require Unit Holder's approvals.

Investment Policy and Strategy

The Fund Manager will determine the appropriate asset allocation for equity and Sukuk investments based on the prevailing outlook of both asset classes. The Fund Manager will employ an active asset allocation strategy to outperform its benchmark by investing in both equity and Sukuk.

The Fund may invest up to 99% of its NAV in Shariah-compliant equities, rights and warrants to take advantage of the opportunities available. The Fund may also invest up to 99% of its NAV in Sukuk and Islamic money market instruments to take advantage of the opportunities available by investing in Sukuk. This allows the Fund the flexibility to invest in both Shariah-compliant equities and Sukuk and Islamic money market instruments. The Fund will maintain at least 1% of its NAV in Islamic liquid assets.

Asset Allocation

The Fund may invest up to 99% of its NAV in Shariah-compliant equities, rights and warrants but this may be reviewed from time to time depending on the economic and stock market conditions.

Benchmark

The selected performance benchmark for this Fund is based on 50:50 ratios of the FBM Emas Shariah Index and 12-month General Investment Account (GIA) of Bank Islam Malaysia Berhad*

*Note:
The benchmark reflects the investment and assets allocation strategies of the Fund, where the Funds is allowed to invest its asset in Shariah-compliant equities as well as Sukuk and Islamic money market instruments, depending on the outlook of the market. The risk profile of the Fund is not the same as the risk profile of the performance benchmark.

Please note that the risk profile of the Fund may be higher than the risk profile of the benchmark.

Specific Risks Associated with the Fund

  • Specific security risk
  • Profit/interest rate risk
  • Credit/default risk
  • Reclassification of Shariah status risk

Investor Profile

The Fund is suitable for investors who:
  • have a medium to high-risk tolerance;
  • seek capital appreciation;
  • do not seek regular income stream; and
  • have a long-term investment horizon of more than five (5) years.

Investor Risk Profile

Medium to high

Distribution Policy

The distribution of income is incidental

Commencement Date

25th March 2014

Financial Year End

31 March

Manager

BIMB Investment Management Berhad

Trustee

AmanahRaya Trustee Berhad
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