Fund Information

DAILY FUND PRICE

Closing as at: 29 Nov 2022

NAV per Unit (RM) Change (RM) Change (%)
0.4440 0.0000 0.0000
  Key Features of The Fund
The Fund AmanahRaya Islamic Equity Fund
Fund Category Equity (Shariah-compliant)
Fund Type Growth
Base Currency MYR
Launch Date 23 April 2008
Investment Objective The Fund aims to provide investors with above average capital growth over a medium to long term period by investing in a carefully selected portfolio of Shariah-Compliant Securities.

ANY MATERIAL CHANGES TO THE FUND OBJECTIVES WOULD REQUIRE UNIT HOLDERS’ APPROVAL.

Investment Policy and Strategy This Fund seeks to achieve its investment objective by structuring a portfolio as follows:

Investment a minimum of 70% and up to 95% of the Fund’s Net Asset Value
Investments in Shariah-compliant securities of companies that have good growth potential and whose business activities comply with Shariah requirements.

Maintain a minimum 5% of the Fund’s Net Asset Value
Investments in Islamic liquid assets comprising of cash and Islamic deposits with licensed financial institutions, Islamic accepted bills, sukuk, Government Investment Issues and any other Shariah-compliant instrument capable of being converted into cash within seven (7) days.

Although the Fund is actively managed, how active or the frequency of its trading strategy will very much depend on market opportunities.

Among the risk management strategies and techniques employed by the Manager include diversification of the Fund’s asset allocation in terms of its exposure to various industries, sectors and asset classes/type of Shariah-compliant investments (i.e. Shariah-compliant equity, Islamic Money Market instruments). Islamic derivatives may also be used for hedging purposes where appropriate.

General Risk
  • Market Risk
  • Liquidity Risk
  • Inflation Risk
  • Manager’s Risk
  • Credit and Default Risk
  • Loan Financing Risk
Specific Risks
  • Stock specific risk
  • Shariah status reclassification risk
Investor Profile Ideal for medium to long-term investors who are risk tolerant and seek higher returns for their investments.
Benchmark FTSE Bursa Malaysia Emas Shariah Index.

The performance of this Fund can be benchmarked against the FTSE Bursa Malaysia Emas Shariah Index (“FBM Emas Shariah”). FBM Emas 13 Shariah Index design is in line with FTSE internationally accepted index methodology by taking the constituents of the FTSE Bursa Malaysia EMAS Index, which has been free float weighted and liquidity screened, and overlays the Securities Commission’s Shariah Advisory Council’s (SAC) screening methodology to derive a highly investable and transparent Shariah-compliant index.

The structure of the above benchmark is referring to the investment strategy of the Fund. The risk profile of the performance benchmark is not the same as the risk profile of the Fund.

To obtain the latest information on FBM Emas Shariah Index, investors can refer to Bursa Malaysia website (www.bursamalaysia.com) under Market Information Section.

Financial Year End 30 November
Trustee PB Trustee Services Bhd
Shariah Adviser BIMB Securities Sdn Bhd