|Fund Key Data|
|Manager||BIMB Investment Mgmt Bhd|
|Fund Type||Equity Malaysia (Islamic)|
|Date Launched||June 30, 1994|
|Approved Fund Size||302,000,000|
|Fund Price as at February 5, 2016|
|Daily prices courtesy of TheEdge Financial Daily|
To provide a medium and long-term return through capital appreciation and dividend income.
Financial Year End: June 30.
Distribution Policy: Annually, if any.
This Fund has been renamed BIMB i Growth with effect from 20th May 2010
Suitable for investors who seek return over the medium to long term period. (means 3 to 5 years or more).
In order to provide reasonable return and capital growth over the medium to long term, equity investment will represent a dominant part of the portfolio (70% to 90% of the fund's NAV). They will comprise of a diversified portfolio of stocks of blue chip companies, high growth companies and dividend stocks that are listed on BSKL.
The investment strategy also is to emphasize on the overall analyzing approach generally to increase equity investment if KLSE performance expected to be positive and vice versa. Investment in cash and money market will be increased if KLSE expected to be positive without affecting the fund main objective.
While, the investment in bonds is generally for capital preservation and to achieve a moderate capital appreciation, the remaining of the portfolio will include cash (short-term money market instruments) mainly to ensure liquidity. However, during uncertain market condition, the fund manager may take temporary steps that may not be consistent with the fund's asset allocation policy that is to maintain between 70% to 90% exposure in equity instrument.
Asset allocation policy:
- Equity: 70% - 90%
- Fixed Income Securities & Cash: 10% - 30%.
|Fees & Charges|
|Switching Fee||1% (Subject to a maximum of RM500.00)|
|Free Switches Yearly||1|
|Annual Management Fee||1.5%|
|Management Expense Ratio (MER)||1.71%|
|Investment||Initial: RM100 / 100 units |
Additional: RM100 / 100 units
|Regular Investment||Initial: N/A|
|Account Balance||100 units|
|Prospectus||Refer to company website or branch office.|
|Fund Performance as at 2015-02-04|
|1 Month Return|
|6 Month Return||-3.9350088855 %|
|1 Year Return||4.67496542185 %|
|3 Year Return||16.7540882444 %|
|5 Year Return||46.5530596437 %|
|As published in the The Edge-Lipper Fund Performance Ranking Tables|
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