TA Islamic Fund, CIMB Islamic Bank – Islamic Unit Trust Investment Program/Account

Invest your money in TA Islamic Fund, CIMB Islamic Bank Islamic Unit Trust investment program.

To achieve steady capital growth over the medium to long term period by investing in a portfolio of authorised investments which conforms strictly to Shariah principles.

This fund is suitable if you:

  • Want to invest in stocks and other approved instruments that meet the requirements of the Shariah.
  • Require liquidity but is willing to invest for the medium to long term.

Terms & Conditions Apply

Fund Details

  • Fund Type : Growth
  • Investment Manager : TA Investment Management Berhad
  • Trustee : Universal Trustee (Malaysia) Berhad
  • Benchmark : FTSE Bursa Malaysia Emas Shariah Index (FBM EMAS Shariah)
  • Launch Date : 24 April 2001
  • Initial Offer Price (NAV per unit): RM0.50 / RM0.3827 (04/03/09)
  • Approved Fund Size (RM) : 600 million units
  • Investment Time Horizon : Medium to long term
  • Minimum Initial Investment : RM1000
  • Minimum Additional Investment : RM100
  • Distribution Policy : Annual / interim distribution (if any)
  • Cooling-off Period : Within 6 Business Days of receipt by the Manager of the applications for investment. The cooling-off right is only exercisable by qualified investors. Please refer to master prospectus for more information.
  • EPF Approved : Yes

Fees

  • Initial Service Charge : EPF Investment – Up to 3%, Cash investment – Up to 5.5%
  • Annual Management Fee : 1.5% p.a. of the Fund’s NAV
  • Annual Trustee Fee : 0.08% p.a. of the Fund’s 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=130&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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