NJSACF
Nomura Japan Shariah Active Core Fund
Investment Objective
The Fund aims to achieve long-term capital growth.
Nomura Japan Shariah Active Core Fund seeks to achieve long-term capital growth, primarily through the Fund’s investment in Japan Shariah-compliant equities, Shariah-compliant collective investment schemes, and Islamic money markets instruments. The Fund invests in companies either domiciled in Japan or deriving their earnings from Japan, which comply with Shariah.
The Fund seeks to achieve its investment objective by investing a minimum of 70% of its NAV in Shariah-compliant equities and Shariah-compliant equity related securities such as Shariah-compliant American Depositary Receipts, Shariah-compliant Global Depositary Receipts, Shariah-compliant rights issues and Shariah-compliant warrants of companies which are domiciled in Japan or companies which derive their earnings from Japan. Up to 30% of the Fund’s NAV will be invested in Islamic liquid assets such as Islamic money market instruments, Islamic deposits and/or held in cash.
The Fund may also invest a maximum of 20% of the Fund’s NAV in Islamic collective investment schemes to access investment opportunities which are not available through direct investment in Shariah-compliant equities and Shariah-compliant equity-related securities.
Investment Strategy
Investment Manager
Leslie Yap, CFA
Designated Fund Manager
Leslie is the Head of Investments in NAMM and is the designated person responsible for the fund management of the Fund. He oversees the developed markets equities team based in Kuala Lumpur and is responsible for the investment management of developed markets equities (including ethical and Shariah-compliant listed equities). Leslie’s team works closely with Nomura Asset Management’s London office where dedicated global sector specialists sit. Leslie is also a contributing member of a number of investment committees within the Nomura Asset Management group.
Leslie brings with him over 26 years of industry experience in the area of funds management and research coverage. He was managing Malaysian equity funds for a local insurance company prior to relocating to a research house in Shanghai where he expanded his research coverage to include Hong Kong and Chinese companies. Leslie holds a Bachelor of Engineering in Manufacturing and Operations Management from the University of Nottingham in United Kingdom. Leslie also holds a Capital Markets Services Representative’s Licence for fund management.
Key Facts
Fund Category : Equity (Shariah-compliant)
A Shariah-compliant Japan equity fund
Performance Benchmark
90% DJIM Japan Index + 10% BNM Islamic Interbank Overnight Rate
Asset Allocation
A minimum of 70% of the Fund’s NAV to be invested in Shariah-compliant equities and Shariah-compliant equity-related securities;
A maximum of 30% of the Fund’s NAV to be invested in Islamic money market instruments, Islamic deposits and/or held in cash; and
A maximum of 20% of the Fund’s NAV to be invested in Islamic collective investment schemes.
Target Investors
The Fund is for investors who are seeking for long-term capital growth and opportunities in Japanese companies. The Fund invests in companies either domiciled in Japan or deriving their earnings from Japan, which comply with Shariah.
Share Class
MYR Class
USD Class
Transaction Details
Minimum Initial Investment – MYR 1,000 (MYR Class), USD 1,000 (USD Class)
Minimum Subsequent Investment – MYR 500 (MYR Class), USD 500 (USD Class)
Partners
Nomura Japan Shariah Active Core Fund is distributed by distribution partners below:
FSMOne (e-host)
Philip Mutual Berhad (e-host)
UOB Kay Hian Securities
TA Investment Management
Al Rajhi Bank Malaysia
Bank Islam Malaysia Berhad
Fees & Charges
Sales charge
Up to 5.00% of the NAV per Unit
Management fees
Up to 1.80% per annum of the NAV of each Class
Trustee fees
Up to 0.03% per annum of the NAV of the Fund and subject to a minimum fee of RM12,000 per annum
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Product Highlights Sheet
Account Opening Form
Fund Factsheet (MYR Class)
Fund Factsheet (USD Class)
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 Japan Shariah Active Core Fund (“Fund”)’s Prospectus dated 17 October 2024 (“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.