Get Started198801000556 (167913-M)
Please note that the risk profile of the Fund may be higher than the risk profile of the benchmark.
199301021508 (276246-X)
Investment Objectives
The Fund seeks to provide regular income* whilst maintaining capital stability**.
Note :
* Income will be in the form of cash or additional Units.
** The Fund is not a capital guaranteed fund or a capital protected fund.
Asset Allocation
This fund invests in a portfolio combination of cash and Sukuk as underlying assets that offers a higher cumulative return to investors while preserving their capital.
- 70% – 90% of the fund will be invested in money market instruments, Islamic deposits and Islamic investment accounts.
- 10% – 30% of the fund will be invested in Islamic commercial papers, Sukuk and/or Malaysia Government Investment Issues (MGII).
Investor Profile
The Fund is for Sophisticated Investors who are favoring regular income stream* and capital stability**:
*Income will be in the form of cash or additional Units.
**The Fund is not a capital guaranteed fund or a capital protected fund.
Specific Risks Associated with the Fund
- Shariah Status Reclassification Risk
- Liquidity risk
- Country risk
- Currency risk
- Political risk
- Regulatory risk
- Credit/Default risk
- Profit rate risk
Investment Policy and Strategy
The Fund seeks to achieve its objective by investing:-
Minimum 70% of the Fund’s NAV in the following instruments that have maturity period of not more than 365 days:
- Short-term money market instruments, Islamic deposits and/or Islamic Investment Accounts with financial institutions.
Minimum 10% of the Fund’s NAV will be investing in:
- Islamic commercial papers with a minimum rating of P1 by RAM or MARC-1 by MARC;
- listed and/or unlisted RM-denominated Sukuk with a minimum rating of A3 by RAM or A- or by MARC;
- listed and/or unlisted RM-denominated and non-RM-denominated Sukuk with a minimum rating of BBB- or A-3 by S&P or Baa3 or P-3 by Moody’s or BBB- or F3 by Fitch or equivalent rating by local rating agency(ies);
- Malaysia Government Investment Issues (MGII), Bank Negara monetary notes and any other government approved/guaranteed Sukuk; and
- Any other form of Shariah-compliant investment as may be agreed upon by the Manager and the Trustee from time to time.
The investment policy is to invest in liquid short-term investments with capital preservation. The Fund will also be actively managed to provide liquidity.
Distribution Policy
Subject to availability of income, the Fund will distribute income on a monthly basis.