Closing as at: 29 Nov 2022
|NAV per Unit (RM)||Change (RM)||Change (%)|
|Key Features of The Fund|
|The Fund||AmanahRaya Syariah Trust Fund|
|Fund Type||Growth and Income|
|Launch Date||21 September 2006|
|Investment Objective||ARSTF aims to provide regular income and capital growth over the medium to long-term through investments predominantly in sukuk, Islamic money market instruments and Trust Accounts.
ANY MATERIAL CHANGES TO THE FUND OBJECTIVES WOULD REQUIRE UNIT HOLDERS’ APPROVAL.
|Investment Policy and Strategy||ARSTF will invest a minimum of 70% of the Fund’s NAV in Ringgit and foreign currency sukuk rated at least ‘A’ or ‘P2’ by RAM or its MARC equivalent rating or A- by S&P, or its Moodys and Fitch equivalent rating (maximum 30% of Fund’s NAV in Islamic money market instruments).
The Fund may invest up to 30% of the Fund’s NAV into ARB’s Common Fund via Institutional Trust Account and/or other Trust Accounts that comply with Shariah requirements.
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 sukuk classes/type of Shariah-compliant investment (i.e. Sukuk and Islamic Money Market instruments).
For the Fund’s trading policy, the Manager will maintain a core holding for the Fund, which it intends to hold over a medium to long-term investment horizon bias, which is similar to a buy and hold philosophy. At the same time, the Manager may also take advantage of prevailing market conditions to trade sukuk when opportunity arises to assist the Fund in meeting its objective.
|Investor Profile||It is suitable for investors seeking:
|Benchmark||70% quant shop GII Index (Medium Sub – Index) + 30% 12-months GIA
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.
You can obtain the information on the benchmark from the quant shop website (www.quantshop.com) and maybank2u website (http://www.maybank2u.com.my). For further details on the benchmark, you may obtain the information from the Manager upon request.
|Financial Year End||31 August|
|Trustee||CIMB Islamic Trustee Berhad|
|Shariah Adviser||BIMB Securities Sdn Bhd|