Aiiman Smart Invest Portfolio – Growth
The Fund seeks to achieve capital appreciation over medium to long-term period.
|Fund Category||Mixed Assets (Fund-of Funds)|
|Launch Date||5 October 2021|
|Investors’ Profile||This Fund is suitable for investors who:-
· seek capital growth;
· have a medium to long-term investment horizon; and
· have a high risk tolerance.
|In line with its objective, the investment strategy of the Fund is to invest in a diversified portfolio of Islamic CIS that will provide capital growth through exposure into global markets.
The Fund may employ Islamic derivatives such as Islamic foreign currency towards, Islamic cross currency swaps and other Islamic derivatives that are approved by the Shariah Adviser for hedging purposes. These instruments may be used to hedge the principal and/or the returns of the foreign-currency denominated investments back to the base currency. While the hedging strategy will assist with mitigating the potential foreign exchange losses by the Fund, any potential foreign exchange gains from the hedging strategy will be capped as well.
We may conduct cross trades between funds which it is currently managing provided that all criteria imposed by the regulators are met. Notwithstanding the above, cross trades between the personal account of our employee and the Fund’s account(s) between our proprietary trading accounts and the Fund’s account(s) are strictly prohibited. Compliance with the criteria are monitored by the the Compliance Unit, and reported to the compliance and risk management committee, to avoid conflicts of interests and manipulation that could have a negative impact on investors.
|Minimum Initial Investment||MYR 100|
|Minimum Additional Investment||MYR 100|
|Minimum Units Held||200 Units|
|Distribution Policy||The Fund is not expected to make distribution. However, incidental distribution may be declared whenever is appropriate.|
|Sales Charge per Unit||Nil|
|Annual Management Fee||Up to 1.80% per annum of the NAV of the Fund.|
|Annual Trustee Fee||Up to 0.045% per annum of the NAV of the Fund (excluding foreign custodian fees and charges).|
|The Manager does not impose any switching fee. However, if the amount of sales charge of the fund (or class) that the Unit Holder intends to switch into is higher than the sales charge imposed by the fund (or class) being switched from, then the difference in the sales charge between the two (2) funds (or classes) shall be borne by the Unit Holder.|
|Repurchase Charge||3.00% on the NAV per Unit.|