NOMIINC:MK

Nomura I-Income Fund

Investment Objective

Nomura I-Income Fund image

The Nomura I-Income Fund is a Wholesale Islamic Fixed Income Fund, which seeks to provide investors with regular income distributions through investments in Shariah-based deposits, Islamic money market instruments and sukuk.

Nomura I-Income Fund thumnail

Nomura i Income Fund seeks to provide investors with regular income distributions through investments in Shariah-based deposits, Islamic money market instruments and Sukuk.

The Manager will constantly manage the allocation among the permitted investments and actively manage the duration and maturity structure of the investments in the Fund to obtain optimal return while achieving the Fund’s objective.

Investment Strategy

Investment Manager

Nomura I-Income Fund image

Hiew Teck Kong

Portfolio Manager

Hiew is currently the Head of Fixed Income of NIAM. He has more than 23 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 Maybank Investment Management Sdn Bhd from 2000 to 2005, he helped managed institutional and unit trust funds. He spent 3 yeas 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 licence from the SC.

Key Facts

01

Fund Type

Islamic Fixed Income (Wholesale Fund)

02

Performance Benchmark

12-Month Malayan Banking Berhad General Investment Account Rate

03

Asset Allocation

Shariah-based deposits, Islamic money market instruments and Sukuk

04

Target Investors

the Fund is suitable for sophisticated investors seeking regular income distributions

05

Base currency

MYR

06

Transaction Details

Minimum Initial Investment – MYR 500,000
Minimum Subsequent Investment – MYR 250,000

07

Transaction cut-off time

Daily: 4.00pm

08

Redemption Period

T + 3 business day

Nomura I-Income Fund image

Fees & Charges

Sales charge

Nil

Management fee

Up to 0.40% per annum of the NAV of the Fund

Trustee fee

0.03% p.a. on the NAV of the Fund and a minimum yearly fee of RM 12,000

Download Our Brochure for more info

Download section requires Adobe Acrobat plugins. To download your free copy, please click here

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-Income Fund (“Fund”)’s Information Memorandum dated [27 December 2016] (“IM”) and Product Highlights Sheet (“PHS”) which highlights the key features and risks of the Fund. Both the IM 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 IM, 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 IM 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 IM. 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.