Affin Hwang Aiiman Balanced Fund
To achieve reasonable returns in both income and capital growth over a medium to long term period by investing in a wide portfolio of authorised securities and other investments which complies with Shariah principles.
|Fund Category||Islamic Balanced|
|Launch Date||11 November 2001|
|Investors’ Profile||This Fund is suitable for you if you:-
|Investment Strategy||The Fund seeks to maximise total returns by providing a combination of income, if any, and capital appreciation, if any, by investing in Shariah-compliant equities, Shariah-compliant equity linked instruments, Sukuk and Islamic money market instruments.
The Manager may invest in Shariah-compliant collective investment schemes that hold similar investment objectives to the Fund’s investment objective.
To meet its objective, the Fund will also look at investing into Shariah-compliant equity linked instruments such as rights and Shariah-compliant warrants, as well as unlisted securities. The Fund may invest up to 20% of its NAV in countries where the regulatory authorities are the ordinary or associate members of the International Organisation of Securities Commission (IOSCO).
|Minimum Initial Investment||MYR200|
|Minimum Additional Investment||MYR100|
|Sales Charge per Unit||Up to 5.50% of the NAV per Unit of the Fund.
Investors may negotiate for a lower charge.The Sales Charge for investors purchasing Units through the EMIS shall be limited to a maximum charge of 3% of the NAV per Unit or as determined by the EPF.
|Annual Management Fee||Up to 1.50% per annum of the NAV of the Fund.|
|Trustee Fee / Custodian fee||Up to 0.08% per annum of the NAV of the Fund.|
|Transfer Fee||MYR 5.00 per transfer|
|Performance Fee and Hurdle Value||Not Applicable|