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If you are an investor who's looking for an investment alternative aimed at providing a potential stream of income, which conforms to the principles of Shariah, invest with the CIMB Islamic AP Eqty.
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Investment Objective
CIMB Islamic AP Eqty aims to achieve long term capital appreciation and income while complying with Islamic investment criteria, through investments in shares listed in the stock exchanges in the emerging and developed markets of Japan, Hong Kong SAR, Taiwan, Korea, China, Indonesia, Malaysia, India, Thailand, Philipines, Sri Lanka, Singapore, Australia and New Zealand.
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Investment Strategies
50% - 98% of the NAV of the Fund can be invested in Shariah permissible
shares, stock, warrant, option or other stock purchase right, participation in a
mutual fund and other interests in collective investment schemes, through
investments in shares listed in the stock exchanges in the emerging and
developed markets of Japan, Hong Kong SAR, Taiwan, Korea, China, Indonesia,
Malaysia, India, Thailand, Philipines, Sri Lanka, Singapore, Australia and New
Zealand.
Up to 50% of the Fund may also invest into Shariah-compliant revenue
generating instrument, bond, note, debenture, debenture stock, debt security,
financing, financing convertible into security, warrant, certificates of deposit,
commercial paper, promissory note, gold, treasury bill, fixed or floating rate debt
instrument, index futures, index and any other security (all of the foregoing
denominated in any currency) or any other money market instrument which may
be selected by the Managers for the purpose of investment of the assets. |
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Why invest?
The Fund is suitable for investors who
are seeking:
for an investment into Shariah compliant equities throughout Asia Pacific region
to accept equity risks to garner potentially greater returns over the medium to
long term investment horizon.
Some basic fees:
| Fund Category / Type |
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Equity / Growth |
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| Service Charge |
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5.0% of the NAV per unit |
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| Redemption Charge |
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Nil |
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| Annual Management Fee |
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Up to 1.85% p.a. of NAV |
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| Annual Trustee Fee |
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0.07% p.a. (min. RM18k p.a.) of NAV |
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| Fund Manager |
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CIMB-Principal Asset Management Berhad |
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| Sub Fund Manager |
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UOB Asset Management (Singapore) Ltd |
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| Switching Policy |
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The minimum amount for each switch is RM1,000 and is available to any of the
Funds (except money market fund) offered by CIMB-Principal. Switching from one fund to another may be
subject to switching fees. |
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