NOMICSH:MK

Nomura i-Cash Fund

Investment Objective

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The Fund seeks to provide investors with regular income distributions through investments in Islamic deposits, Islamic placement of money at call, general investment accounts and Islamic negotiable instruments.

Nomura i-Cash Fund thumnail

The Fund seeks to provide investors with regular income distributions through investments in Islamic deposits, Islamic placement of money at call, General Investment Accounts and Islamic Negotiable instruments.

The Fund will be managed in accordance with Shariah requirements and thus the  investments to be made by the Fund will also follow Shariah requirements. In that respect, the Fund will invest in Islamic deposits such as Islamic placement of money at call and/or Islamic money market instruments such as general investment accounts and Islamic negotiable instruments. The combination of these instruments may allow the Manager to obtain higher returns over a  one year investment horizon compared to  merely placing monies in Islamic deposits. The Manager will actively manage the permitted investments and maturity structure of the investments in the Fund to optimise return for investors in accordance to the interest rates outlook and analysis.

Investment Strategy

Investment Manager

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Eugene Martin

Designated Fund Manager

Eugene joined NAMM in August 2019 as Portfolio Manager attached to the Malaysian Fixed Income and Global Sukuk team. Prior to joining NAMM, Eugene was a strategist for Fixed Income Currency and Commodities of CIMB Investment Bank. He was also Fund Manager and Senior Credit Analyst for AmFunds Management.
As Portfolio Manager at NAMM, Eugene is a contributing member of the Emerging Bond Investment meetings held regularly and jointly with other Emerging Bond market specialists from Nomura Asset Management offices in New York, Singapore, Tokyo, London and Frankfurt.
Eugene holds a Masters of Applied Economics from the Australian National University and a Bachelor in Health Sciences (Hons) Biomedicine from Universiti Sains Malaysia.

Key Facts

01

Fund Category

Money Market (Islamic)

02

Performance Benchmark

BNM Islamic Interbank Overnight Rate

03

Asset Allocation

A maximum of 100% of the Fund’s NAV to be invested in Islamic deposits and/or Islamic money market instruments with a remaining maturity period of not more than 397 days.

04

Target Investors

The Fund is for investors who are seeking for a portfolio of investments that adhere to Shariah principles, require a high level of liquidity, have a short-term investment horizon of 1-year and below, and have a low risk tolerance.

05

Transaction Details

Minimum Initial Investment – MYR 10,000
Minimum Subsequent Investment – MYR 5,000

06

Partners

Nomura i-Cash Fund is distributed by distribution partners below:

FSMOne (e-host)

Philip Mutual Berhad (e-host)

UOB Kay Hian Securities

Kenanga Investors Berhad

 

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Fees & Charges

Sales charge

Nil

Management fees

Up to 0.25% per annum of the NAV of the Fund

Trustee fees

Up to 0.025% per annum of the NAV of the Fund, subject to a minimum fee of RM12,000 per annum

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The marketing materials appeared on this website were prepared by Nomura Asset Management Malaysia (Registration No.: 200601028939 (748695-A), for information purposes only and is not intended as an offer, solicitation or recommendation with respect to the purchase or sale of any particular investment. These materials have not been reviewed by the Securities Commission Malaysia (“SC”). Before investing, investors are advised to read and understand the contents of Nomura i-Cash Fund (“Fund”)’s Prospectus dated 1 October 2022 (“Prospectus”) and Product Highlights Sheet (“PHS”) which highlights the key features and risks of the Fund. Both the Prospectus and PHS have been lodged with the SC but it should not be taken to indicate that SC recommends the Fund. SC takes no responsibility for the contents of the Prospectus, the PHS and any marketing material appearing on this website; makes no representations as to their accuracy or completeness; and expressly disclaims all liability arising from, or in reliance upon the whole or any part of their contents. Copies of the Prospectus and PHS can be obtained from our office or on this website, and application for units can only be made on receipt of an application form referred to and accompanying a copy of the Prospectus. Among others, investors should be aware: i) of the risks and costs involved in investing in the Fund; ii) that the price of units (in the Fund) and distributions payable (if any) may go down as well as up; and iii) that past performance of the Fund and target fund (if any) should not be taken as an indication of its future performance. Investors should make their own risk assessment and seek professional advice, where necessary.