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.

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