Closing as at: 09 Jun 2023
|NAV per Unit (RM)||Change (RM)||Change (%)|
|Key Features of The Fund|
|The Fund||AmanahRaya Islamic Equity Fund|
|Fund Category||Equity (Shariah-compliant)|
|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
Maintain a minimum 5% of the Fund’s Net Asset Value
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.
|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|