Investment Objective

AmCommodities Active - Capital Protected aims to give investors' 100% capital protection and exposure to a dynamically rebalanced and actively-managed Commodities Index.

Investment Policies and Strategies

The Fund seeks to achieve its objective by investing mainly in 3-years Ringgit denominated Zero Coupon Negotiable Instruments of Deposits (ZNIDs) from financial institutions, to ensure 100% of investors' capital is paid back at the end of the maturity period.

During the tenure of the Fund to generate income and capital appreciation, the Fund will be investing up to 10% in an option linked to an actively managed commodity strategy. The Strategy involves a Dynamic Portfolio on an Isovol Index to manage the exposure into a commodity index known as AmIslamic Bank Makmur Commodity Index. The purpose of Isovol index is to fix the volatility of exposure to the AmIslamic Bank Makmur Commodity Index at 15%. Within this mechanism, the Dynamic Portfolio then manages the allocation of exposure to the Isovol index between 20-200%. AmIslamic Bank Makmur Commodity Index is an actively managed index which uses a quantitative strategy to invest in commodities.

Asset Allocation:

• A Minimum of 85% in Zero Coupon Negotiable Instruments of Deposits (ZNIDs)


• Up to 10% in option(s) linked to an actively managed Commodities strategy


• Up to 5% in cash and fixed income instruments

Some basic fees:

Fund Category / Type	-	Fixed Income / Capital Protected (closed end)
Service Charge	-	Up to 3.50% of NAV
Annual Management Fee	-	Nil.
Annual Trustee Fee	-	Up to 0.08% p.a. of the NAV of the Fund, subject to a minimum fee of RM18,000p.a
Investor Profile	-	Suitable for investors who are seeking:   potential annual income and capitalappreciation on their investments.   potentially higher returns from theirinvestment over the long term relative to fixed deposits.   exposure to an actively managed strategy in commodities investments.
Exit Penalty Fee	-	Early redemption is allowed at a penalty fee of :   Up to 1.50% of the NAV per unit of the Fund For withdrawal request made before the end of the 12th month from the Commencement Date.   Up to 1.0% of the NAV per unit of the Fund For withdrawal request made after the end of the 12th month but before the end of the 24th month from the Commencement Date.   Up to 0.50% of the NAV per unit of the Fund For withdrawal request made after the end of the 24th month from the Commencement Date but before the Maturity Date of the Fund.   NIL For withdrawal made on Maturity Date.