|Fund Key Data|
|Manager||CIMB-P Islamic Asset Mgmt S/B.|
|Fund Type||Equity Asia Pacific Ex-Japan (Islamic)|
|Date Launched||October 8, 2004|
|Approved Fund Size||700,000,000|
|Fund Price as at August 26, 2015|
|Daily prices courtesy of TheEdge Financial Daily|
To provide investors with long-term capital growth by investing principally in equities. The Fund also seeks to outperform the benchmark.
Financial Year End: 31st October.
(formerly SBB Dana Al-Ikhlas)
The recommended investment timeframe for this Fund is five (5) years or more. This Fund is suitable for investors who:
- have a medium to long-term investment;
- want a portfolio of investments that adhere to the Shariah principles;
- are seeking maximum capital appreciation over the long-term and do not require regular income from their investment;
- want a portfolio with some exposure in foreign investments;
- are comfortable with a higher than average degree of volatility; and/or
- are willing to take higher risks in anticipate of potentially higher returns.
The Fund will invest a minimum of 70% and up to a maximum of 98% of its 48 NAV in Shariah-compliant equities in order to gain long-term capital growth. The Fund may opt to invest in Shariah-compliant foreign equities up to a maximum of 50% of its NAV. In addition, Shariah-compliant liquid assets may be strategically used if the Investment Manager feels that the market downside risk is high in the short-term. In line with its objective, the investment strategy and policy of the Fund is to have diversified portfolio of the Shariah-compliant stocks aimed at outperforming the market at different cycles of the market.
Between 70% to 98% (both inclusive) of the Fund’s NAV will be invested in Shariah-compliant equities and at least 2% of the Fund’s NAV in Shariah- compliant liquid assets.
|Fees & Charges|
|Switching Fee||RM100 / 400% (plus switching fee equal to the difference (if any) between the Service Charges of the two funds. The Manager has discretion to waive the Switching Fee and/or administrative fees.)|
|Free Switches Yearly||4|
|Annual Management Fee||1.5%|
|Management Expense Ratio (MER)||%|
|Investment||Initial: RM500 |
|Regular Investment||Initial: RM500|
|Account Balance||500 units|
|Prospectus||Refer to company website or branch office.|
|Fund Performance as at 2015-08-25|
|1 Month Return|
|6 Month Return||-3.12215132179 %|
|1 Year Return||3.24968524552 %|
|3 Year Return||27.415699803 %|
|5 Year Return||50.1200552272 %|
|As published in the The Edge-Lipper Fund Performance Ranking Tables|
Copyright on names and logos used in this page belong to respective fund management companies.
Information in this fund profile page is compiled by Signalpoint Sdn. Bhd. based on the individual fund management company's public information, including but not limited to fund prospectus, fund fact sheets, etc, and are meant for information only. While best efforts have been made to ensure its accuracy, we cannot guarantee that the information presented here is completely accurate and without ommissions. Please contact firstname.lastname@example.org if you believe there are errors or ommissions on this page.
Investors are advised to read and understand the fund's prospectus before investing.