PRUasia Pacific Shariah Equity Fund, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in PRUasia Pacific Shariah Equity Fund, CIMB Islamic Bank Islamic Unit Trust investment program.

Seeks medium to long-term capital appreciation by investing primarily in Shariah compliant undervalued companies with potential re-rating in the Asia Pacific ex-Japan region. (Note: The Manager regards 3-5 years as medium term and more than 5 years as long-term).

This fund is suitable if you:

  • Seek a moderate to long-term capital growth in their investments.
  • Wish to participate in the upside of the Asia Pacific markets.
  • Have high risk tolerance.
  • Have long-term investment horizon.

Terms & Conditions Apply

Fund Details

  • Fund Type : Growth
  • Investment Manager : Prudential Fund Management Berhad
  • Trustee : HSBC (Malaysia) Trustee Berhad
  • Benchmark : MSCI Asia Pacific ex-Japan
  • Launch Date : 22 November 2007
  • Initial Offer Price (NAV per unit): RM0.25
  • Approved Fund Size (RM) : 300 million
  • Investment Time Horizon : Long-term
  • Minimum Initial Investment : RM1000* (Lump Sum), RM500* (Regular) * or such amount as we may decide from time to time.
  • Minimum Additional Investment : RM100* (Lump Sum & Regular) * or such amount as we may decide from time to time.
  • Distribution Policy : Incidental
  • Cooling-off Period : The period of 6 Business Days from the date of acceptance of the application for Units by us. A cooling-off right is only given to a qualified investor.
  • EPF Approved : No

Fees

  • Initial Service Charge : Up to 6% of NAV
  • Annual Management Fee : 1.80% on NAV
  • Annual Trustee Fee : 0.08% on NAV subject to a minimum of RM18,000 p.a. (excluding foreign custody fee and changes).
  • Repurchase / Redemption Fee : Nil
  • Switching Fee : Switching fee is waived for the duration of the Prospectus. There is no limit as to frequency of switching transaction.

How to Apply?

Call us at 1300 880 900 or +603 22956100

Email us at callcentre@cimb.com

Source: http://cb.cimbislamic.com/index.php?ch=ci_per_wm&pg=ci_per_wm_inv_ut&ac=122&tpt=cimb_islamic&tpt=cimb_islamic

*This page contains information sourced on 30 Dec 2010. Please check with the bank for the latest updates.

Tags: islamic, islam, bank, banking, banker, bankers, deposit, deposits, transaction, transactions, saving, savings, current, atms, account, mortgage, accounts, anchor, financial, finance, financing, teller, loan, loans, loaning, lender, lenders, lending, issuance, pinjaman, wang, duit, kewangan, credit, debit, charge, cards, investment, wealth, management