AmIttikal, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

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

Designed as a medium to long-term investment with an objective of producing ‘halal’ income and to a lesser extent capital growth.

This fund is suitable if you:

• Seek for a positive return through a regular flow of halal income.
• Seek for a diversified portfolio with a conservative investment strategy that conforms to the Principles of Shariah.
• Have a medium to long-term investment goals and are not planning to have access to your money in the next 3 years.

Terms & Conditions Apply

Fund Details

• Fund Type: Income and to a lesser extent growth
• Investment Manager: AmInvestment Services Berhad
• Trustee: Amanah Raya Trustees Berhad
• Benchmark: Malayan Banking Berhad 12-months Islamic General Investment Account plus 3% spread
• Launch Date: 12 January 1993
• Initial Offer Price (NAV per unit): RM1.00
• Approved Fund Size (RM): 500 million units
• Investment Time Horizon: Medium to long-term
• Minimum Initial Investment: RM1000
• Minimum Additional Investment: RM500
• Distribution Policy: If any, is paid at least once a year
• Cooling-off Period: Only available for first time individual investors investing in any Fund managed by AmInvestment Services Berhad
• EPF Approved: Yes

Fees

• Initial Service Charge: Up to 6% of the NAV per unit for cash sales, Up to 3% of the NAV per unit for EPF sales
• Annual Management Fee: Al-Mudharabah(profit share) of up to 20% of net realised profit
• Annual Trustee Fee: 0.08% of the NAV
• Repurchase / Redemption Fee: Nil
• Switching Fee: 6%

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=123&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