Category of Fund

Mixed Assets

Type of Fund

Income & Growth

Investment Objective

The principal investment objective of the Fund is to achieve long-term capital appreciation of the Units by investing in a diversified portfolio of equities, Sukuk and money market instruments. Accordingly, all investment income (if any) shall be reinvested for long-term capital growth rather than distributed annually.

Note:
Any material change to the investment objective of the Fund would require Unit Holders’ approvals.
require Unit Holders’ approvals.

Investment Policy and Strategy

To meet the objective, equity investment will represent up to 80% of the Fund’s NAV. The main focus of the Fund would be the accumulation of stocks relating to companies which may potentially be able to achieve earnings growth in the medium to long-term.

The Fund may invest in Sukuk and Shariah-compliant money market instruments (collectively up to 70% of NAV). The Manager may also invest in Collective Investment Schemes and Shariah-compliant Structured Products to further enhance the Fund’s potential returns.

Asset Allocation

  • Equity: 30% to 80%
  • Sukuk: 0% to 40%
  • Money Market instrument: 0% to 50%
  • Collective Investment Scheme: 0% to 30%
  • Structured Product: 0% to 20%.
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.

Benchmark

70:30 ratio of the “FBM Emas Shariah Index” and 12-month GIA of Bank Islam.

Specific Risks Associated with the Fund

  • Specific Security Risk
  • Credit/Default Risk
  • Profit Rate Risk
  • Reclassification of Shariah Status Risk
  • Structured Product Risk
  • Counterparty Risk
  • Collective Investment Scheme Risk

Investor Profile

Suitable for investors who:
  • Seek moderate to high capital appreciation
  • Have medium to long-term horizon

Investor Risk Profile

Moderate to high

Distribution Policy

Distribution of income* (if any) is incidental.

*Note: The distribution of income will automatically be reinvested. Hence, Unit Holders will receive additional Units from the reinvestment of income distribution.

Commencement Date

27 December 2001

Financial Year End

31 August

Manager

BIMB Investment Management Berhad

Trustee

ABB Trustee Berhad
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