CIMB Islamic Global Emerging Markets Equity, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in CIMB Islamic Global Emerging Markets Equity, CIMB Islamic Bank Islamic Unit Trust investment program.

Aims to provide investors with medium to long-term capital appreciation through investments in the global emerging markets and that conform to Shariah principles.

This fund is suitable if you:

  • 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.

Terms & Conditions Apply

Fund Details

  • Fund Type : Equity
  • Investment Manager : CIMB-Principal Asset Management Bhd
  • Trustee : Deutsche Trustees Berhad
  • Benchmark : Dow Jones Islamic Market emerging Markets Index
  • Launch Date : 02 July 2008
  • Initial Offer Price (NAV per unit): RM0.50
  • Approved Fund Size (RM) : 300 million units
  • Investment Time Horizon : 3 to 5 years
  • Minimum Initial Investment : RM1,000
  • Minimum Additional Investment : RM200
  • Distribution Policy : Given its investment objective, the Fund is not expected to pay any distribution
  • 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 : No

Fees

  • Initial Service Charge : 6.5% of the NAV per unit
  • Annual Management Fee : Up to 1.85% p.a. of the NAV of the Fund
  • Annual Trustee Fee : 0.08% 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=47&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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