Category of Fund

Shariah-compliant mixed asset

Type of Fund

Growth

Investment Objective

To provide a medium and long-term return through capital appreciation and income distribution.

Note:
The capital appreciation is the primary objective while income distribution is the secondary objective of the Fund.

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

Investment Policy and Strategy

To meet the investment objective, the Fund will mainly focus on the equity investment (up to 98% of the Fund’s NAV) which will comprise a diversified portfolio of blue chip, high growth and dividend paying companies that are listed on BURSA Malaysia.

Asset Allocation

  • Equity : 70% – 98%
  • Sukuk & cash: 2% – 30%

The Manager may, in response to adverse market, economic, political and any other conditions, adopt a temporary defensive strategy by maintaining higher liquid asset/cash portions. When this happens, the asset allocation of the Fund will be altered accordingly. The Fund may also invest up to 99% of its NAV in Sukuk and Islamic Money Market instruments. An initial allocation for cash and other Islamic liquid assets will be maintained to ensure that the Fund is able to meet repurchase requests without jeorpardizing the Fund's performances.

Benchmark

FBM Emas Shariah Index

Specific Risks Associated with the Fund

  • Specific security risk
  • Credit / Default Risk
  • Profit Rate Risk
  • Reclassification of Shariah Status Risk
  • Counterparty Risk

Investor Profile

Suitable for investors who:
  • Seek capital appreciation over the medium to long term period
  • Have high-risk tolerance
  • Have long term investment horizon

Investor Risk Profile

High

Distribution Policy

As income distribution is the secondary objective of the Fund, distribution of income (if any) is incidental

Commencement Date

25 March 2014

Financial Year End

30 June

Manager

BIMB Investment Management Berhad

Trustee

Maybank Trustees Berhad
(formerly known as Mayban Trustees Berhad)
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