Category of fund:
Islamic-ESG Malaysia Equity
Type of fund:
Income
Investment Objectives
The Fund aims to facilitate investor who wish to channel a part of their investment returns for waqf purpose. The Fund aims to generate income through a diversified portfolio of Shariah-compliant investments across different asset classes both locally and globally.
10%-90% of NAV of the Fund into Shariah-compliant equities and Shariah-compliant equity related securities.
10%-90% of NAV of the Fund into Islamic fixed income instruments, Islamic money market instruments and Islamic deposits.
- Stock Specific Risk
- Country Risk
- Currency Risk
- Political Risk
- Regulatory Risk
- Tactical Asset Allocation Risk
- Shariah-Compliant Warrant Risk
- Islamic REITs Risk
- Credit and default risk
- Rate of Return
- Profit Rate Risk
- Related Party Transaction Risk
- Counterparty Risk
- Islamic CIS Risk
- Non-compliance with SRI Funds Guidelines Risk
The Fund shall invest in a broadly diversified portfolio of Shariah-compliant equities, Shariah-compliant equity-related securities, Islamic fixed income instruments, Islamic money market instruments and Islamic deposits. The Fund’s investments into the various asset classes may range between 10% to 90% of the Fund’s NAV.
50% 12-month Term Deposit-i Tawarruq of Bank Islam Malaysia Berhad + 50% FTSE Emas Shariah Index.
The Fund is primarily suitable for investors who are:
• seeking income over medium to long term period;
• with moderate to high risk tolerance;
• with medium to long term investment horizon; and
• who are contributing part of their investment return towards Wakaf.
Subject to availability of income, income distribution will be made monthly.
Note: The income of the Fund is computed based on the net realized income of the Fund at each month end. 50% of the Fund’s monthly income distribution, if any, will be disbursed as wakaf asset. In the case where there is no net realized income for a particular month, no wakaf asset will be disbursed accordingly.
CIMB ISLAMIC TRUSTEE BERHAD
BIMB Investment Management Berhad
