CIMB Islamic Balanced Growth, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in CIMB Islamic Balanced Growth, CIMB Islamic Bank Islamic Unit Trust investment program.

To grow the value of the Unit Holders’ investments over the long term in a diversified mix of Malaysian assets in approved Shariah instruments while providing consistent income.

This fund is suitable if you:

  • Want a diversified portfolio yet prefer a higher exposure to investments in equities for potentially higher returns over the long term; and/ or
  • Accept that investment returns may be negative over the short term, but recognise that a diversified fund tends to produce a smoother return over time than a fund which invests in only one asset class such as equities.

Terms & Conditions Apply

Fund Details

  • Fund Type : Balanced
  • Investment Manager : CIMB-Principal Asset Management Bhd
  • Trustee : Mayban Trustees Berhad
  • Benchmark : 60% FBM EMAS Shariah Index + 40% CIMB Islamic 1-Month General Investment Account-I (GIA)
  • Launch Date : 26 May 2003
  • Initial Offer Price (NAV per unit): RM0.50
  • Approved Fund Size (RM) : 500 million
  • Investment Time Horizon : 5 years or more
  • Minimum Initial Investment : RM500
  • Minimum Additional Investment : RM200
  • Distribution Policy : Once a year every January
  • Cooling-off Period : Six (6) Business Days from the date the application form is received and accepted by the Manager or Approval Distributor for the first time.
  • EPF Approved : Yes

Fees

  • Initial Service Charge : Up to 5.0% of the NAV per unit
  • Annual Management Fee : 1.50% p.a. of the NAV of the Fund
  • Annual Trustee Fee : 0.07% p.a. of the NAV of the Fund
  • Repurchase / Redemption Fee : Nil
  • Switching Fee : Difference (if any) between the Application Fees of these two funds

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=41&tpt=cimb_islamic&tpt=cimb_islamic

*This page contains information sourced on 31 Dec 2010. Please check with the bank for the latest updates.

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