- Category: NIAM Articles
- Published: Tuesday, 16 May 2017 13:12
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Our Islamic Funds
Product Description Table:
The Fund shall invest mainly in Islamic money market instruments and sukuk. The combination of these instruments may allow the Manager to generate consistent income stream to meet investors’ cash flow requirements.
The Fund is suitable for investors, who are looking for a portfolio of investments that adhere to Shariah principles, and are having a short term investment horizon and a low tolerance of risk.
12-Month Malayan Banking Berhad General Investment Account Rate
|Payment of Redemption Proceeds||
Redemption proceeds will be paid within 3 Business Days
|Minimum Initial Investment||
|Minimum Additional Investment||
Up to 40bps per annum of NAV of the Fund
Please contact our Institutional Marketing Team for any product enquiries: email@example.com
The Information Memorandum (“IM”) and Product Highlight Sheet (“PHS”) for the relevant wholesale fund on this website are made available for information purposes only. A copy of the IM and PHS have been lodged with the Securities Commission Malaysia (“SC”). The SC will not be liable for any non-disclosure on the part of NIAM; and takes no responsibility for the contents of the IM and/or PHS; makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from, or in reliance upon the whole or any part of its contents. Investors are advised to read and understand the contents of the relevant IM and PHS before investing. Amongst other matters, investors should ensure that they fully understand the risks, fees and charges involved. If in doubt, investors are advised to seek independent professional advice. Investors should note that the price of units and distributions payable, if any, may go down as well as up and that past performance of the target fund is not an indication of its future performance. Units of the fund may only be sold to sophisticated investors as prescribed under the SC’s guidelines. Any issue of units to which the IM relates will only be made on receipt of an application form referred to and accompanying a copy of the IM.