|Fund Key Data|
|Manager||BIMB Investment Mgmt Bhd|
|Fund Type||Mixed Asset Myr Balanced - Malaysia (Islamic)|
|Date Launched||December 27, 2001|
|Approved Fund Size||400,000,000|
|Fund Price as at July 29, 2016|
|Daily prices courtesy of TheEdge Financial Daily|
To provide a steady and consistent income and capital appreciation over the medium to long term period to investors.
Financial Year End: August 31.
Distribution Policy: Annually, if any.
Suitable for investors who seek a steady and consistent income and capital appreciation over the medium to long term period. ( 3 to 5 years or more.)
The Fund generally try to balance between steady long-term growth of capital and at the same time aims to provide incomes to the investors. To achieve these goals, investment in equity ay focus on stocks of well-established blue chip companies operating across numerous industries, which give high dividend yields besides having good prospect for future growth. The Fund may also invest in small and mid-size companies that could provide high dividend yield (even if there is no track record). The investment in these stocks is to provide high income-flow to the Fund for potential income distribution to unitholders.
Meanwhile, the investments in bonds is particularly for generating the recurring income from expected regular annual dividend payment or accrual income. Therefore, the bonds with high dividend payment will be given priority provided they are investment grade with a minimum single A and above. However, during uncertain market condition, the fund manager may take temporary steps that may not consistent with the fund's asset allocation policy.
Asset allocation policy:
- Equity: 40% - 60%
- Fixed income securities & Cash: 40% - 60%.
|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)||1.82%|
|Investment||Initial: RM100 |
|Regular Investment||Initial: N/A|
|Account Balance||1,000 units|
|Prospectus||Refer to company website or branch office.|
|Fund Performance as at 2015-02-04|
|1 Month Return|
|6 Month Return||-1.17228839423 %|
|1 Year Return||2.66422029608 %|
|3 Year Return||12.1976782019 %|
|5 Year Return||27.5511899735 %|
|As published in the The Edge-Lipper Fund Performance Ranking Tables|
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