ING Ekuiti Islam, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in ING Ekuiti Islam, CIMB Islamic Bank Islamic Unit Trust investment program.

Aims to achieve long-term capital growth through investment in Shariah-compliant securities.

This fund is suitable if you:

  • Seek high capital growth from Shariah-compliant securities.
  • Have relatively high-risk profiles and can withstand significant short-term volatilities.
  • Have long-term investment horizon.

Terms & Conditions Apply

Fund Details

  • Fund Type : Islamic Equity
  • Investment Manager : ING Funds Berhad
  • Trustee : BHLB Trustee Berhad
  • Benchmark : FTSE Bursa Malaysia Shariah Emas Index
  • Launch Date : 23 April 2004
  • Initial Offer Price (NAV per unit): RM0.50
  • Approved Fund Size (RM) : 150 million
  • Investment Time Horizon : Long term
  • Minimum Initial Investment : RM1000
  • Minimum Additional Investment : RM100
  • Distribution Policy : Income will be distributed annually on a best effort basis, if any.
  • Cooling-off Period : 6 business days from the date of your first application during the Offer Period. (The cooling-off right is only provided to an investor who is investing in the Funds offered by the Management Company for the first time).
  • EPF Approved : Yes

Fees

  • Initial Service Charge : Max 6.5% of NAV
  • Annual Management Fee : 1.55%
  • Annual Trustee Fee : 0.07% of NAV
  • 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=125&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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