PRUdana al-islah, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account
Invest your money in PRUdana al-islah, CIMB Islamic Bank Islamic Unit Trust investment program.
Seeks to provide a stable income stream and an opportunity for capital appreciation from Shariah-compliant fixed income and equity securities.
This fund is suitable if you:
- Seek a stable income stream.
- Have low to moderate risk tolerance.
- Medium term investment horizon.
Terms & Conditions Apply
Fund Details
- Fund Type : Income
- Investment Manager : Prudential Fund Management Berhad
- Trustee : HSBC (Malaysia) Trustee Berhad
- Benchmark : 22% FBMS + 78% RAM qs MGS Short
- Launch Date : 14 August 2002
- Initial Offer Price (NAV per unit): RM0.50
- Approved Fund Size (RM) : 300 million
- Investment Time Horizon : Medium
- 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 : Annual
- 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=120&tpt=cimb_islamic&tpt=cimb_islamic
*This page contains information sourced on 31 Dec 2010. Please check with the bank for the latest updates.
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