PRUdana al-ilham, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in PRUdana al-ilham, CIMB Islamic Bank Islamic Unit Trust investment program.

Seeks to provide high capital appreciation from Shariah-compliant investments which have the potential of substantial value appreciation. (High returns are generally associated with higher investment risks).

This fund is suitable if you:

  • Seek high capital appreciation.
  • Have moderate to high risk tolerance.
  • Medium to long-term investment horizon.

Terms & Conditions Apply

Fund Details

  • Fund Type : Growth
  • Investment Manager : Prudential Fund Management Berhad
  • Trustee : HSBC (Malaysia) Trustee Berhad
  • Benchmark : FTSE Bursa Malaysia Emas Shariah
  • Launch Date : 14 August 2002
  • Initial Offer Price (NAV per unit): RM0.50
  • Approved Fund Size (RM) : 300 million
  • Investment Time Horizon : Medium to Long-term
  • Minimum Initial Investment : RM1000* (Lump Sum), RM500* (Regular) * or such amount as we may decide from time to time.
  • Minimum Additional Investment : RM100* (Lump Sum & Regular) * or such amount as we may decide from time to time.
  • Distribution Policy : Incidental
  • Cooling-off Period : The period of 6 Business Days from the date of acceptance of the application for Units by us. A cooling-off right is only given to a qualified investor.
  • EPF Approved : Yes

Fees

  • Initial Service Charge : Up to 5.26% of NAV
  • Annual Management Fee : 1.5% on NAV
  • Annual Trustee Fee : 0.07% on NAV subject to a minimum of RM18,000 and a maximum of RM350,000 p.a.
  • Repurchase / Redemption Fee : Nil
  • Switching Fee : Switching fee is waived for the duration of the Prospectus. There is no limit as to frequency of switching transaction.

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=129&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