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Personal Banking
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Unit Trusts
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CIMB-Principal Asset Management Berhad
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CIMB Islamic ST Sukuk
CIMB Islamic ST Sukuk
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Making your money work for you
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Investment Objective
To provide investors with an income yielding liquid investment, which conforms to Syariah principles and is
usually less volatile as compared to a normal bond fund. |
Investment Policies and Strategies
The Fund will invest up to 100% in Syariah Permissible deposits, money market instruments and short-term bonds with a minimum credit rating of "A" or "P2" by RAM and its MARC equivalent. The weighted average maturity of the underlying instruments and securities will be between 12 and 36 months.
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Asset Allocation:
Up to 100% - Short term Syariah Fixed Income Instruments (Average up to
3 years)
Some basic fees:
| Fund Category / Type |
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Fixed Income / Income |
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| Service Charge |
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Nil |
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| Redemption Charge |
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Nil |
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| Annual Management Fee |
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0.75% on Net Asset Value of the Fund |
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| Annual Trustee Fee |
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0.05% based on NAV (min RM18,000 per annum) |
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| Why Invest? |
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This Fund can be used as a place to: |
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Enjoy potentially higher profits as compared
to the traditional Mudharabah accounts; and
"Park" money aside while waiting to make
another investment. |
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| Investors' Profile |
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This fund is suitable for investors who |
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Look for security and flexibility |
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| Distribution Policy |
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Distributions are declared on the last day of each calendar month and payable within 14 days after declaration. |
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Disclaimer: This material is for information purposes only and is not an offer for subscription or purchase of units in the Fund. The information provided herein is subject to change as may be required by the Securities Commission. A prospectus in relation to the Fund has yet to be registered with the Securities Commission. An application for subscription or purchase of the units in the Fund may only be made in an application form accompanying a copy of the prospectus when it is duly registered with the Securities Commission.
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