NOMICSH:MK

Nomura i-Cash Fund

Nomura i-Cash Fund thumnail

Nomura i Cash 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 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 rate outlook
and analysis

Investment Strategy

Investment Manager

Nomura i-Cash Fund image

Hiew Teck Kong / Designated Fund Manager

Head of Global Sukuk and MalaysianFixed Income

Hiew is currently the Head of Fixed Income of NIAM. He has 17 years of experience in managing fixed income mandates. Prior to joining NIAM, he was the head of fixed income in HLG Asset Management Berhad. During his tenure as a fixed income manager with CIMB Principal Asset Management Berhad and a fixed income manager with Mayban Investment Management Sdn Bhd from 2000 to 2005, he helped managed institutional and unit trust funds. He spent 3 years in Malaysia Discounts Berhad as senior fixed income dealer. He is the designated fund manager for the Fund.

Hiew holds a Bachelor of Science in Business Administration (Finance) from University of Nebraska, USA and holds a Capital Markets Services Representative’s license from the SC.

Key Facts

01

Fund Type

Islamic Money Market (Unit Trust)

02

Performance Benchmark

BNM Islamic Interbank Overnight Rate

03

Asset Allocation

Islamic deposits, Islamic placement of money at call, General Investment Accounts and Islamic Negotiable Instruments (INIs) with a maturity of less than 365 days

04

Target Investors

the Fund is suitable for Unitholders, who require a high level of liquidity and a low tolerance of risk, short-term investment
horizon of 1 year and below and investments that adhere to Shariah principles

05

Base currency

MYR

06

Transaction Details

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

07

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

 

START INVESTING

Nomura i-Cash Fund image

Fees & Charges

Sales charge

Nil

Management fees

Up to 0.25% p.a. on the NAV of the Fund

Trustee fees

0.025% p.a. on the NAV of the Fund and a minimum yearly fee of RM 12,000

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The marketing materials appeared on this website were prepared by Nomura Islamic Asset Management (Registration No.: 200801037222 (838564-T), 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 May 2019] (“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.