|Fund Key Data|
|Manager||CIMB-P Islamic Asset Mgmt S/B.|
|Fund Type||Equity Asia Pacific Ex-Japan (Islamic)|
|Date Launched||April 30, 2003|
|Approved Fund Size||500,000,000|
|Fund Price as at August 26, 2015|
|Daily prices courtesy of TheEdge Financial Daily|
To achieve a consistent capital growth over the medium to long-term.
Financial Year End: 31st May.
Distribution Policy: Annually, if any.
(formerly SBB Dana Al-Ihsan 2)
The recommended investment timeframe for this Fund is three (3) years or more. This Fund is suitable for investors who:
- have a medium to long-term investment horizon;
- want a portfolio of investments that adhere to the Shariah principles;
- want a diversified portfolio that includes Shariah-compliant equities and Sukuk;
- want a portfolio with some exposure in foreign investments; and/or
- are willing to take moderate risk for potentially better capital appreciation.
The Fund is a Shariah-compliant equity growth fund and is a continuation of 45 CIMB Islamic DALI Equity Growth Fund. It may invest a minimum of 70% and up to a maximum of 98% of its NAV principally in Shariah-compliant equities aimed to provide growth but may also invest in other Shariah-compliant investments, such as Sukuk with a minimum credit rating of “A3” or “P2” by RAM or equivalent rating by MARC; “BB” by S&P or equivalent rating by Moody’s or Fitch. In line with its objective, the investment strategy and policy of the Fund is to rebalance the portfolio to suit market conditions in order to reduce short-term volatility and provide consistency in capital growth.
Between 70% to 98% (both inclusive) of the Fund’s NAV will be invested in Shariah-compliant securities and other Shariah-compliant investments, and at least 2% of the Fund’s NAV in Shariah-compliant liquid assets.
|Fees & Charges|
|Switching Fee||RM100 (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||1.85%|
|Management Expense Ratio (MER)||%|
|Investment||Initial: RM500 |
|Regular Investment||Initial: RM500|
|Account Balance||250 units|
|Switching||RM0 / 200 units|
|Prospectus||Master ProspectusSupplementary Prospectus 1Supplementary Prospectus 2|
|Fund Performance as at 2015-08-25|
|1 Month Return|
|6 Month Return||-6.85442325587 %|
|1 Year Return||-2.37769537752 %|
|3 Year Return||19.8538887197 %|
|5 Year Return||48.4119312106 %|
|As published in the The Edge-Lipper Fund Performance Ranking Tables|
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