Fund Type: Equity (Shariah) / Growth
Investment Objective:
The Fund aims to provide investors with medium to long term capital appreciation through investments in the global emerging markets and that conform with Shariah principles.
- want a Shariah-compliant investment;
- seek an opportunity to participate in the rapidly developing emerging market economies, which are expected to have faster long-term growth rates than most developed economies; and/or
- are willing to accept equity risks to garner potentially greater returns over the medium to long term investment horizon.
| Application Fees |
Up to 6.5% on each investment |
|
Annual Fees |
Management Fee: Up to 1.85% per annum of the NAV |
| |
Trustee Fee: 0.08%* per annum of the NAV
* Subject to a minimum fee of RM18,000 per annum. |
| Switching Fees |
Since switching is treated as a withdrawal from one 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 funds.
In addition, the Manager imposes a RM100 administrative fee for every switch made out of a CIMB-Principal 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.
Switching out from this Fund within three (3) months from the Commencement Date
may, at the discretion of the Manager, be subject to the Withdrawal Fee. Thereafter, only the Switching Fee and/ or administrative fee will be charged. |
| Distribution Policy |
Given its investment objective, the Fund is not expected to pay any distribution. |
|
Investment Time Horizon |
Recommended at least three (3) to five (5) years. |
| Initial Investment |
Minimum RM500 or such amounts as the Manager may from time to time decide. |
| Additional Investment |
RM200 or such amounts as the Manager or Approved Distributor may from time to time decide. |
| Cooling off period |
6 Business Days from the date the application form is received and accepted by the Manager or Approved Distributor for the first time. |
| Redemption/Withdrawal |
Minimum 400 units or RM200 or such amounts as the Manager may from time to time decide. You need to keep a minimum balance of 500 units or such amounts amounts as the Manager may from time to time decide. There is no restriction in the frequency of withdrawal. |
| Launch Date |
2 July 2008 |
| Approved Fund Size (units) |
300 million units |
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Prospectus
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