HwangDBS Aiiman Growth Fund, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in HwangDBS Aiiman Growth Fund, CIMB Islamic Bank Islamic Unit Trust investment program.

To achieve consistent capital appreciation over medium to long-term by investing mainly in listed equities and other approved investments, which harmonise with Islamic philosophy and laws.

This fund is suitable if you:

  • Are risk tolerant and seek higher returns for their investments that comply with Shariah requirements
  • Are seeking medium to long-term investment.

Terms & Conditions Apply

Fund Details

  • Fund Type : Growth
  • Investment Manager : David Ng Kong Cheong and Teo Keet Ying
  • Trustee : HSBC (Malaysia) Trustee Berhad
  • Benchmark : FTSE Bursa Malaysia Emas Shariah Index (FBMSHA)
  • Launch Date : 08 October 2002
  • Initial Offer Price (NAV per unit): RM0.50
  • Approved Fund Size (RM) : 300 million
  • Investment Time Horizon : Have a medium to long-term investment horizon
  • Minimum Initial Investment : RM1000
  • Minimum Additional Investment : RM100
  • Distribution Policy : Any income earned by the Fund is to be reinvested. However, incidental distribution may be declared whenever is appropriate.
  • Cooling-off Period : For qualified investors, within 6 Business Days from the day the initial application of units is received by the Manager.
  • EPF Approved : Yes

Fees

  • Initial Service Charge : 5.5% of the NAV per unit
  • Annual Management Fee : 1.50% per annum of the NAV of Fund
  • Annual Trustee Fee : 0.07% per annum (including local custodian fee but excluding foreign sub-custodian fee) of the NAV of the Fund, subject to a minimum of RM18,000 per annum
  • Repurchase / Redemption Fee : Nil
  • Switching Fee : Nil

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=124&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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