BIMB i Growth

BIMB i Growth
Type
Equity Malaysia (Islamic)
Company
BIMB Investment Mgmt Bhd
Investment Manager
BIMB Investment Mgmt Bhd
Launch Date
30-Jun-1994

Overview

Objective

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

Investor Profile

Suitable for investors who seek return over the medium to long term period. (means 3 to 5 years or more).

Strategy

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 & Transactions

Fees & Charges
Sales Charge 5.00%
Redemption FeeNone
Switching Fee1% (Subject to a maximum of RM500.00)
Free Switches Yearly1
Annual Management Fee1.5%
Transactions (Minimum)
InvestmentInitial: RM100 / 100 units
Additional: RM100 / 100 units
Regular InvestmentInitial: N/A
Additional: N/A
Account Balance 100 units
Switching 1 units

Downloads

Fund Documents
Prospectus Refer to company website or branch office.

 

Compare BIMB i Growth with:

CategoryCompany
Equity Malaysia (Islamic)
Funds:
BIMB Investment Mgmt Bhd
Funds:








































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