Affin Hwang Aiiman Equity Fund
The Fund aims to provide investors with stable returns by enabling investors to participate in the growth prospect of the Malaysian market which is in compliance with Shariah principles.
|Fund Category||Islamic Equity|
|Launch Date||1 August 2007|
|Investors’ Profile||The Fund is suitable for you if you:-
|Investment Strategy||The Fund is structured as an open-ended fund with a target allocation of up to 99.8% invested in Shariah-compliant equities and Shariah-compliant equity linked instruments, and maximum of 30% invested in Sukuk and Islamic money market instruments. The selection of Shariah-compliant equity investments of the Fund will be in line with those in the list of Shariah-compliant securities issued by SACSC.
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).
Temporary Defensive Measures
Policy on Active and Frequent Trading of Securities
|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, subject to a minimum of RM18,000 per annum (excluding foreign custodian fees and charges).|
|Transfer Fee||MYR 5.00 per transfer|
|Performance Fee and Hurdle Value||Not Applicable|