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Objective
To provide investors an affordable access into a diversified investment portfolio containing a “balanced” mixture of equities and fixed income securities that comply with the Shariah requirements in order to achieve a balance of growth and income from capital appreciation and distribution. |
| Fund Information |
| Fund Category |
Islamic Balanced Fund |
| Fund Type |
Growth and Income |
| Launch Date |
28 June 2004 |
| Investment Objective |
HwangDBS AIIMAN Balanced Fund is an Islamic balanced fund which provides investors an affordable access into a diversified investment portfolio containing a “balanced” mixture of equities and fixed income securities that comply with the Shariah requirements in order to achieve a balance of growth and income from capital appreciation and distribution. |
| Asset Allocation |
The asset allocation will principally be between Shariah-compliant equities and sukuk. The Fund's equities investment is subject to a minimum of 40% and maximum of 60% of the Fund's NAV. |
| Investment Strategy |
The Fund will invest in both Shariah-compliant equity and sukuk. Fundamental analysis will be conducted on potential investee companies. Specifically for Shariah-compliant equities, the investment process will be driven by key investment and sectoral themes prevailing in the market at any period in time. Business and industry prospects, management valuations, as well as the general stock market outlook will also be evaluated before investing. For investment in sukuk, the investment process will be driven by considering the interest rate outlook for the market over the medium to long-term. Credit analysis will also be conducted on individual securities to achieve relative certainty of principal payment and overall total return stability. |
| Investors' Profile |
It is ideal for investors who require their investments to comply with Shariah requirements and prefer more stable investment returns or for those who are relatively conservative with a bias towards receiving a regular income but yet also want meaningful medium to long-term capital growth. |
| Fees & Charges |
| Sales Charge per unit |
Maximum of 5.5% of the NAV per Unit |
| Annual Management Fee |
1.5% per annum of the NAV of the Fund. |
| Trustee Fee / Custodian fee |
0.07% per annum (including local custodian fee but exclude foreign sub-custodian fee) of the NAV of the Fund, subject to a minimum of RM18,000 per annum. |
| Switching Fee |
Nil |
| Performance Fee and Hurdle Value |
Not Applicable |
| Redemption Fee |
Nil |
| Transaction Details |
| Minimum Initial Investment |
RM1000 |
| Minimum Units Held |
500 units |
| Minimum Additional Investment |
RM100 |
| Cooling-off Period |
For qualified investors, within 6 Business Days from the day the initial application of units is received by the Manager. |
Period of Payment of
Redemption Proceeds |
Within 10 days from the day the redemption request is received by the Manager. |
Past earnings or the fund’s distribution record is not a guarantee or reflection of the funds’ future earnings/future distribution.
Unit prices and distributions payable, if any may go down as well as up.
Prospective Unit Holders should read and understand the contents of the Prospectus and, if necessary, should consult their adviser(s).
There are fees and charges involved and investors are advised to consider the fees and charges before investing in the fund.
