CIMB Islamic DALI Equity Growth Fund (formerly SBB Dana Al-Ihsan)
Fund Type: Equity (Shariah) / Growth
To achieve consistent capital growth over the medium to long-term.
- have a medium to long term investment horizon;
- want a portfolio of investments that adhere to the Shariah principles;
- want a diversified portfolio that includes Shariah-compliant equities and sukuk; and/or
- are willing to take moderate risk for potentially better capital appreciation.
| Application Fees |
Up to 6.5% on each investment. |
|
Annual Fees |
Management Fee: 1.50% per annum of the NAV |
| |
Trustee Fee: 0.08% per annum of the NAV |
| Switching Fees |
Since switching is treated as a withdrawal from one (1) fund and an investment into another fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. In addition, the Manager imposes a RM100 administrative fee for every switch made out of a Fund. However, this RM100 administrative fee is waived for the first four (4) switches out of a Fund in every calendar year. The Manager also has the discretion to waive the Switching Fee and/or administrative fees. |
| Distribution Policy |
The Manager has the discretion to distribute part or all of the Fund’s distributable income. The distribution (if any) may vary from period to period depending on the investment objective and the performance of the Fund. |
|
Investment Time Horizon |
Recommended 3 years or more. |
| Initial Investment |
Minimum RM500. |
| Additional Investment |
RM200 or more at any time. |
| Cooling off period |
You have six (6) Business Days after your initial investment (i.e. the date the application is received by CIMB-Principal Islamic Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with CIMB-Principal Islamic Asset Management or any Approved Distributor for the first time.
However, corporations/institutions, CIMB-Principal Islamic Asset Management’s staff and person(s) registered to deal in unit trust of CIMB-Principal Islamic Asset Management or any Approved Distributor are not entitled to the cooling-off right.
However, investors who invest via the EPF Members Investment Scheme (where available) are subject to EPF’s terms and conditions. |
| Redemption/Withdrawal |
RM200 or 200 units. |
| Launch Date |
7 May 1998 |
| Approved Fund Size (units) |
1.20 billion units |
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