BIMB ESG SUKUK FUND-CLASS E – NAV of 1 preceding business day

Category of fund:

Global ESG Sukuk

Type of fund:

Income

Investment Objectives

The Fund seeks to provide a stable income stream and an opportunity for capital appreciation over the medium to long term by investing in Sukuk both locally and globally.

Note:

“medium to long-term” in this context refers to 3 years or more. Any material change to the investment objective of the Fund would require Unit Holders’ approvals.

  • Credit and default risk
  • Rate of Return
  • Liquidity risk
  • Currency Risk
  • Country Risk
  • Political Risk
  • Regulatory Risk
  • Hedging Risk
  • Credit and default risk
  • Rate of Return
  • Liquidity risk
  • Currency Risk
  • Country Risk
  • Political Risk
  • Regulatory Risk
  • Hedging Risk
1 August 2018

The Fund will invest between 70% to 98% of the Fund’s NAV in Sukuk carrying at least a:

(i) “A3” or “P1” rating by RAM or a “A-“ or “MARC-1” rating by MARC for Ringgit denominated Sukuk or

(ii) “BBB-” or “A-3” rating by S&P or “Baa3” or “P-3” rating by Moody’s or “BBB-“ or “F3” by Fitch or equivalent rating by local rating agency(ies) for non-Ringgit denominated Sukuk.

The remaining Fund’s NAV is maintained in the form of Shariah-compliant liquid assets to meet any redemption payments to Unit Holders. In line with its objective, the investment strategy and policy of the Fund is to invest in a diversified portfolio of approved Shariah-compliant fixed income securities consisting primarily of Sukuk that will provide a steady stream of income.

The Fund’s investments in foreign markets will be subject to the limit set by BNM and any conditions imposed by the SC from time to time. The Fund will invest into countries where the regulatory authorities are ordinary or associate members of the International Organization of Securities Commissions.

Moderate
Term Deposit-i Tawarruq of Bank Islam Malaysia Berhad 1-year rate.
Please note that the risk profile of the Fund may be higher than the risk profile of the benchmark.

Suitable for investors who:

  • are seeking fixed income payout;
  • are seeking exposure to local and global Sukuk;
  • have a medium to long-term investment horizon; and
  • have a moderate risk tolerance level.

Subject to availability of income, the Fund will distribute income on an annual basis.

Unit Holders should note that distribution payments, if any, will be paid out in currencies in which the Classes are denominated.

31 October

SCBMB Trustee Berhad

BIMB Investment Management Berhad

BIMB Investment Management Berhad (276246-X)
Level 19, Menara Bank Islam,
No. 22 Jalan Perak,
50450 Kuala Lumpur
Malaysia