BIMB Investment

Type of Fund

Income

Commencement Date

27 December 2001

Financial Year End

31 August

Investor Risk Profile

Low

Trustee

SCBMB Trustee Berhad

201201021301 (1005793-T)

Benchmark

1-month TDT-i of Bank Islam Malaysia Berhad

Information on the selected benchmark can be obtained from Bank Islam’s website.
Note: Investors are advised that the actual portfolio of the Fund at any given time may consist of combination of Islamic deposits, Islamic money market instruments and Sukuk of varying tenure and credit rating. Investors are to note that the risk profile of the Fund’s portfolio may be higher than the risk profile of the benchmark.

Manager

BIMB Investment Management Berhad
199301021508 (276246-X)

Investment Objective

The Fund seeks to provide a regular* stream of income by investing in shortterm Sukuk, Islamic money market instruments and placement in short-term Islamic deposits.

*Note: The Fund shall distribute income (if any) on a monthly basis. The distribution of income will automatically be reinvested. Hence, Unit Holders will receive additional Units from the reinvestment of income distribution.
Any material change to the investment objective of the Fund would require Unit Holders’ approval.

Asset Allocation

The Fund’s investment should only consist of permitted investments. Permitted investments of the Fund are Shariah-compliant:

a. short-term Sukuk;

b. short-term Islamic money market instruments; and

c. placement in short-term Islamic deposits.

The value of the Fund’s investments in shortterm Sukuk, short-term Islamic money market instruments and placement in short-term Islamic deposits which have a remaining maturity period of not more than 397 days must not be less than 90% of the Fund’s NAV. Whereas for the shortterm Sukuk or short-term Islamic money market instruments which are issued by, or the issues are guaranteed by, either a government, government agency, central bank or supranational, the remaining maturity period must not be more than two (2) years.

The value of the Fund’s investments in high quality Sukuk which have a remaining maturity period of more than 397 days but fewer than 732 days must not exceed 10% of the Fund’s NAV. When selecting high quality Sukuk, the Manager seeks quality investment grade issues with a minimum top two short-term rating (including gradation and subcategories) or minimum top three long-term rating (including gradation and subcategories) as rated by any Malaysian or global rating agency.

Investor's Profile

Suitable for investors who:

Are conservative in nature.
Prefer regular* income streams.
Seek reasonable returns that commensurate with the low-risk investments.
Prefer a short-term investment horizon. • Wish to temporarily liquidate or reduce exposure in equities.

*Note: The Fund shall distribute income (if any) on a monthly basis. The distribution of income will automatically be reinvested. Hence, Unit Holders will receive additional Units from the reinvestment of income distribution.

Specific Risks Associated with the Fund

Profit Rate Risk
Counterparty Risk
Default Risk

Investment Policy and Strategy

The Fund is a money market fund that is actively managed to provide a regular* stream of income. Consequently, the investments of the Fund are largely confined to placement of Shariah-compliant short-term deposit instruments with financial institutions, short-term Sukuk issued by the Malaysian Government, Government-backed agencies, BNM and/or Malaysian Corporations which carry a minimum credit rating of AA3 by RAM or AA- by MARC or equivalent credit rating by recognised credit rating agencies and money market instruments, including Shariah-compliant accepted bills, banker’s acceptance, certificates of deposits, commercial paper of companies carrying a minimum short-term credit rating of P1 by RAM or MARC-1 by MARC or any equivalent credit rating by recognised credit rating agency.

The Fund shall distribute income* (if any) on a monthly basis.

*Note: For R-Class, the amount of distribution declared will automatically be reinvested. For I-Class, the amount of distribution declared after deducting the withholding tax will automatically be reinvested. Hence, Unit Holders will receive additional Units from the reinvestment of income distribution.

Distribution Policy

The Fund shall distribute income* (if any) on a monthly basis.

*Note: For R-Class, the amount of distribution declared will automatically be reinvested. For I-Class, the amount of distribution declared after deducting the withholding tax will automatically be reinvested. Hence, Unit Holders will receive additional Units from the reinvestment of income distribution.