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OSK-UOB
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OSK-UOB Muhibbah Income Fund
OSK-UOB Muhibbah Income Fund
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Making your money work for you
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Investment Objective
The Fund aims to maximize total returns through a combination of medium to long term growth of capital and current income consistent with the preservation of capital.
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Investment Policies and Strategies
Invests in Islamic debt securities of Malaysian incorporated companies and Shariah-compliant securities of companies listed on the local and/or foreign markets which have high growth potential and/or good dividend yield over a
medium to long term period.
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Asset Allocation:
Up to 40% of NAV
 Investments in Shariah-compliant securities of and securities relating
to companies that have dividend and/or growth potential.
60% - 100% of NAV
Investments in Malaysian Islamic debt securities/instruments, Islamic money
market instruments, cash and Shariah-based deposits with licensed
financial institutions
The above asset allocation is only indicative and will be reviewed from time to time depending on economic and market conditions.
Some basic fees:
| Fund Category / Type |
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Balanced fund (Islamic/Shariah-based fund)/Income and growth fund |
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| Service Charge |
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5.00% - 7.00% |
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| Annual Management Fee |
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1.50% |
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| Annual Trustee Fee |
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0.08% of NAV before deducting the Manager's and Trustee's fees for that particular day, subject to a minimum of RM18,000 per annum. |
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| Investors' Profile |
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This fund is suitable for investors who |
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- are conservative and willing to accept moderate risk in their investments;
- wish to have some equities exposure in a predominantly fixed income portfolio;
- require investments that comply with Shariah requirements; and
- are concerned with socially responsible investing and ethical issues, such as drugs and tobacco,
proliferation of weapons, pollution and fair labour practices.
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| Distribution Policy |
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Consistent with the Fund's objective to maximize total return through a combination of medium to long term growth of capital and current income, the Fund will distribute a substantial portion of its returns to Unit Holders. Distributions, If any, after deduction of taxation and expenses, are generally declared annually and will be reinvested. |
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| Disclaimer
Investors are advised to read and understand the contents of the Prospectus dated 2 March 2007, which has been registered with the Securities Commission who takes no responsibility for its contents, before investing. Amongst others, investors should consider the fees and charges involved. Investors should also note that the price of units and distributions payable, if any, may go down as well as up. Any issue of units to which the Prospectus relates will only be made on receipt of a form of application referred to in the Prospectus. A copy of the prospectus can be obtained from our office and all authorized agents or distributors of OSK-UOB Unit Trust Management Berhad.
The Manager wishes to highlight that past performance is no indication of future performance.
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