Closing as at: 21 Oct 2024
| NAV per Unit (RM) | Change (RM) | Change (%) |
|---|---|---|
| 1.0087 | 0.0004 | 0.0397 |
| Fund Information | |
|---|---|
| The Fund | AmanahRaya Mixed Asset Syariah Conservative Income Fund |
| Base Currency | MYR |
| Fund Category | Mixed Asset (Islamic) |
| Fund Type | Income and Growth |
| Initial Offer Period (IOP) | Up to twenty-one (21) days from the date of the Prospectus. Note: The initial offer period may be shortened at the Manager’s discretion if the Manager determine that it is in the Unit Holder’s interest to commence investment for the Fund. |
| Initial Offer Price | RM 1.0000 |
| Investment Objective | The Fund aims to provide investors with income and potential capital growth over medium to long term. ANY MATERIAL CHANGE TO THE INVESTMENT OBJECTIVE OF THE FUND WOULD REQUIRE UNIT HOLDERS’ APPROVAL. |
| Investment Policy and Strategy | In accordance with its conservative strategy, the Fund will be investing 60% to 75% of its NAV in local sukuk and Islamic money market instruments (including Islamic collective investment schemes investing in sukuk or Islamic money market instruments). The Fund may invest up to 35% of its NAV in Shariah-compliant equities and other Shariah-compliant transferable securities (including Islamic collective investment schemes investing in Shariah-compliant equities and/or Islamic REITs) to enhance returns and increase investment and diversification opportunities. The remaining balance of the Fund’s NAV would be held in cash and/or be invested in Islamic deposits. The Fund uses an investment process that monitors and defines the key drivers of Shariah-compliant equities and sukuk. From that analysis, the Manager determines the asset allocation strategy. Allocation decisions are based on individual assessments of instrument potentials, and the portfolio is actively rebalanced between Shariah-compliant equities and sukuk classes in response to significant changes in asset class drivers, instrument values, or fund flows. Tactical asset allocation may be employed for short-term risk management or return optimisation. The Fund's strategy for sukuk focuses on a well-diversified portfolio and the credit qualities of sukuk. Portfolio construction involves research driven processes including macroeconomic, interest rate, credit, and yield spread analyses. Active management is used to capitalise on changes in interest rates and yield spreads. The sukuk must satisfy minimum credit rating of A3 or P2 by RAM or Aor MARC-2 by MARC or their equivalent at the point of purchase. If the credit rating of the sukuk falls below the minimum rating, the Manager has the flexibility to deal with the downgraded sukuk in the best interest of Unit Holders, including but not limited to continue holding the sukuk until its maturity. For Shariah-compliant equities, investment decisions are based on disciplined top-down and bottom-up analyses, considering factors like sustainable earnings growth, returns on equity, management capability, financial strength, and valuations relative to fair value. Fundamental research is used to assess the financial health, industry prospects, management quality, and past track records of companies. The Fund may also invest in Islamic collective investment schemes provided that such Islamic collective investment schemes are consistent with the investment objective of the Fund. Temporary Defensive Measures The Manager may adopt temporary defensive positions that could deviate from the Fund’s primary strategy in order to mitigate adverse market conditions and safeguard the interests of Unit Holders. During such defensive periods, the Fund may increase its allocation to Islamic liquid assets. |
| Asset Allocation |
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| General Risk |
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| Specific Risk |
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| Risk Management | We adopt the risk management policies as outlined below: If the credit rating of the sukuk falls below the minimum rating, the Fund may dispose of the investment. However, the Fund reserves the right to maintain the investment if the downgrade is a temporary event.The risk management strategies and techniques employed by the Manager also 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. sukuk, Islamic liquid assets and Shariah-compliant equities). |
| Liquidity Risk Management | To mitigate liquidity risk, the Manager will employ prudent liquidity management practices. This includes maintaining reasonable levels of liquidity to meet any redemption requests, complemented by a temporary defensive strategy in adverse conditions. Additionally, the Manager will utilise liquidity risk management tools, such as liquidity stress tests, to assess the Fund’s ability to meet both expected and unexpected redemption requests under adverse scenarios. Accordingly, to manage the liquidity risk of the Fund, we have implemented the following procedures:
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| Investor Profile | The Fund is ideal for investors who have a slightly higher risk tolerance than pure fixed income asset class and seek higher returns for their investments, with steady income stream. |
| Benchmark | 75% Quant Shop Government Investment Issues (GII) Index (Medium Sub – Index) + 25% FTSE Bursa Malaysia EMAS Shariah Index. The structure of the above benchmark refers 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.fundslogic.com) and FTSE Russell website (https://www.lseg.com/en/ftse-russell/indices/bursa-malaysia). For further details on the benchmark, you may obtain the information from the Manager upon request. |
| Financial Year End | 30 April |
| Trustee | CIMB Islamic Trustee Berhad |
| Shariah Adviser | BIMB Securities Sdn. Bhd. |
Please note that the funds listed under this website are sold subject to its offer document which is the Master Prospectus/Prospectus as the case may be. Other information provided on this website, independent of the Master Prospectus/Prospectus, as the case may be, do not constitute nor intended to constitute a recommendation to buy, an invitation to purchase or an offer to sell the funds.
The Master Prospectus/Prospectus has been reviewed and approved by the Directors of AmanahRaya Investment Management Sdn Bhd (“ARIM”) and they collectively and individually accept full responsibility for the accuracy of the information. Having made all reasonable enquiries, they confirm to the best of their knowledge and belief, that there are no false or misleading statements or omission of other facts which would make any statement in the Master Prospectus/Prospectus false or misleading.
The Securities Commission Malaysia (“SC”) has authorised the funds and a copy of this Master Prospectus/Prospectus has been registered with the SC.
The authorisation of the funds, and registration of the Master Prospectus/Prospectus, should not be taken to indicate that SC recommends the said funds or assumes responsibility for the correctness of any statement made, opinion expressed or report contained in the Master Prospectus/Prospectus.
SC is not liable for any non-disclosure on the part of ARIM who is responsible for the said funds and takes no responsibility for the contents of the Master Prospectus/Prospectus. SC makes no representation on the accuracy or completeness of the Master Prospectus/Prospectus and expressly disclaims any liability whatsoever arising from, or in reliance upon, the whole or any part of its contents.Investors should note that they may seek recourse under the Capital Markets and Services Act 2007 for breaches of securities laws including any statement in the Master Prospectus/Prospectus that is false, misleading, or from which there is a material omission; or for any misleading or deceptive act in relation to the Master Prospectus/Prospectus or the conduct of any other person in relation to the funds.
Investors should rely on their own evaluation to assess the merits and risks of the investment. In considering the investment, investors who are in doubt as to the action to be taken should consult their professional advisers immediately. The Master Prospectus/Prospectus is not intended to and will not be issued and distributed in any country or jurisdiction other than in Malaysia ('Foreign Jurisdiction'). Consequently, no representation has been and will be made as to its compliance with the laws of any Foreign Jurisdiction. Accordingly, no offer or invitation to subscribe or purchase units in the Fund to which the Master Prospectus/Prospectus relates may be made in any Foreign Jurisdiction or under any circumstances where such action is unauthorised.
Any issue of units to which the Master Prospectus/Prospectus, as the case may be, relates, will only be made on receipt of an application form referred to in and accompanying a copy of the respective Master Prospectus/Prospectus, as the case may be. The past performances of the respective funds are not indicative of future performance.
Unit transactions cannot be conducted through ARIM's corporate website. However, investors can contact our customer service to enquire further information and alternative methods of performing a transaction.
The offer for subscription and/or invitation to subscribe for the Units made in the Master Prospectus/Prospectus is, subject to the terms described in the Master Prospectus/Prospectus, available to persons receiving an electronic Master Prospectus/Prospectus within Malaysia. AmanahRaya Investment Management unit trust funds are intended only to be made available in Malaysia and to Malaysian investors. The distribution of the Master Prospectus/Prospectus in jurisdictions outside Malaysia may be restricted by law and therefore persons into whose possession of the Master Prospectus/Prospectus comes should seek advice on and observe any such restrictions. Failure to comply with relevant restrictions may violate those laws. The Master Prospectus/Prospectus is not an offer for the subscription of or invitation to subscribe Units in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation.
A copy of the respective Master Prospectus/Prospectus is also available in printed version at our office.
Whilst every care and effort has been taken to ensure that the information provided is accurate, complete or reliable, ARIM makes no representations, warranties or guarantees as to the accuracy, completeness and reliability of the information provided herein or of these alternative formats materials and contents included in this website.
ARIM accepts no liability whatsoever for any direct or consequential loss arising from the use of or reliance on information provided on this website.
If you have any difficulties in accessing the website (www.arim.com.my), please call our customer service at 03-2332 5200 (8:30 am to 5:30 pm - Monday to Friday).
Please note that the funds listed under this website are sold subject to its offer document which is the Master Prospectus/Prospectus as the case may be. Other information provided on this website, independent of the Master Prospectus/Prospectus, as the case may be, do not constitute nor intended to constitute a recommendation to buy, an invitation to purchase or an offer to sell the funds.
The Master Prospectus/Prospectus has been reviewed and approved by the Directors of AmanahRaya Investment Management Sdn Bhd (“ARIM”) and they collectively and individually accept full responsibility for the accuracy of the information. Having made all reasonable enquiries, they confirm to the best of their knowledge and belief, that there are no false or misleading statements or omission of other facts which would make any statement in the Master Prospectus/Prospectus false or misleading.
The Securities Commission Malaysia (“SC”) has authorised the funds and a copy of this Master Prospectus/Prospectus has been registered with the SC.
The authorisation of the funds, and registration of the Master Prospectus/Prospectus, should not be taken to indicate that SC recommends the said funds or assumes responsibility for the correctness of any statement made, opinion expressed or report contained in the Master Prospectus/Prospectus.
SC is not liable for any non-disclosure on the part of ARIM who is responsible for the said funds and takes no responsibility for the contents of the Master Prospectus/Prospectus. SC makes no representation on the accuracy or completeness of the Master Prospectus/Prospectus and expressly disclaims any liability whatsoever arising from, or in reliance upon, the whole or any part of its contents.Investors should note that they may seek recourse under the Capital Markets and Services Act 2007 for breaches of securities laws including any statement in the Master Prospectus/Prospectus that is false, misleading, or from which there is a material omission; or for any misleading or deceptive act in relation to the Master Prospectus/Prospectus or the conduct of any other person in relation to the funds.
Investors should rely on their own evaluation to assess the merits and risks of the investment. In considering the investment, investors who are in doubt as to the action to be taken should consult their professional advisers immediately. The Master Prospectus/Prospectus is not intended to and will not be issued and distributed in any country or jurisdiction other than in Malaysia ('Foreign Jurisdiction'). Consequently, no representation has been and will be made as to its compliance with the laws of any Foreign Jurisdiction. Accordingly, no offer or invitation to subscribe or purchase units in the Fund to which the Master Prospectus/Prospectus relates may be made in any Foreign Jurisdiction or under any circumstances where such action is unauthorised.
Any issue of units to which the Master Prospectus/Prospectus, as the case may be, relates, will only be made on receipt of an application form referred to in and accompanying a copy of the respective Master Prospectus/Prospectus, as the case may be. The past performances of the respective funds are not indicative of future performance.
Unit transactions cannot be conducted through ARIM's corporate website. However, investors can contact our customer service to enquire further information and alternative methods of performing a transaction.
The offer for subscription and/or invitation to subscribe for the Units made in the Master Prospectus/Prospectus is, subject to the terms described in the Master Prospectus/Prospectus, available to persons receiving an electronic Master Prospectus/Prospectus within Malaysia. AmanahRaya Investment Management unit trust funds are intended only to be made available in Malaysia and to Malaysian investors. The distribution of the Master Prospectus/Prospectus in jurisdictions outside Malaysia may be restricted by law and therefore persons into whose possession of the Master Prospectus/Prospectus comes should seek advice on and observe any such restrictions. Failure to comply with relevant restrictions may violate those laws. The Master Prospectus/Prospectus is not an offer for the subscription of or invitation to subscribe Units in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation.
A copy of the respective Master Prospectus/Prospectus is also available in printed version at our office.
Whilst every care and effort has been taken to ensure that the information provided is accurate, complete or reliable, ARIM makes no representations, warranties or guarantees as to the accuracy, completeness and reliability of the information provided herein or of these alternative formats materials and contents included in this website.
ARIM accepts no liability whatsoever for any direct or consequential loss arising from the use of or reliance on information provided on this website.
If you have any difficulties in accessing the website (www.arim.com.my), please call our customer service at 03-2332 5200 (8:30 am to 5:30 pm - Monday to Friday).