Closing as at: 26 Dec 2024
| NAV per Unit (RM) | Change (RM) | Change (%) |
|---|---|---|
| Fund Information | |
|---|---|
| The Fund | AmanahRaya Syariah Cash Management Fund |
| Base Currency | MYR |
| Fund Category | Islamic Money Market Fund |
| Fund Type | Income |
| Initial Offer Period (IOP) | 1 day |
| NAV per unit during IOP | 1.0000 |
| Investment Objective | The Fund seeks to provide a regular* stream of income by investing in Islamic short-term debentures, Islamic money market instruments and placement in Islamic short-term deposits. Note: ANY MATERIAL CHANGE TO THE INVESTMENT OBJECTIVE OF THE FUND WOULD REQUIRE UNIT HOLDERS’ APPROVAL. |
| Investment Policy and Strategy | The Fund’s activities shall be conducted strictly in accordance with the principles of Shariah and shall be monitored by the Shariah Adviser. The Fund is an Islamic money market fund that is actively managed to provide regular* income stream to Unit Holders. The investments of the Funds are largely confined to placement of Islamic short-term deposit instruments with Islamic financial institutions, short-term Sukuk issues by the Malaysian government, government-backed agencies, Bank Negara Malaysia, Malaysian corporations and Islamic money market instruments. Short-term Sukuk issued by Malaysia corporations must carry a minimum credit rating of AA3 by RAM or AA- by MARC or its equivalent by any other recognized credit rating agencies. The Fund’s investment in Islamic money market instruments may include Islamic commercial paper of companies carrying a minimum short-term credit rating of P1 by RAM or MARC-1 by MARC or its equivalent by any other recognised credit rating agency. Note:*The Fund endeavors to distribute income (if any) on a monthly basis by way of reinvestment in the form of additional units depending on the performance of the fund. |
| Asset Allocation | The Fund’s property should only consist of permitted investments. Permitted investments of the Fund are Shariah-compliant:
|
| General Risk |
|
| Specific Risk |
|
| Risk Management | We adopt the risk management policies as outlined below: -
If the credit rating of the Islamic debentures or Islamic money market instruments falls below the minimum rating, the Fund may dispose off the investment. However, the Fund reserves the right to maintain the investment of downgrade is a temporary event. |
| Distribution Policy | The Fund endeavors to distribute income (if any) on a monthly basis by way of reinvestment in the form of additional units depending on the performance of the Fund. |
| Mode of Distribution | You may choose to receive the distribution in the form of cheques, or reinvest as additional units to your investment. The additional units will be based on NAV per unit as at the valuation date immediately following the distribution date.
No sales charge will be imposed on distribution reinvestment. If no distribution instruction is specified on the application form or the cheque is returned or unclaimed within (6) months from the date of issues, the income from the Fund will be automatically reinvested into additional units of the Fund. UNIT PRICES AND DISTRIBUTION PAYABLE, IF ANY, MAY GO DOWN AS WELL AS UP. |
| Investor Profile | The Fund is primarily suitable for low risk investors who generally conservative, seek capital preservation, risk averse and prefer a short-term investment horizon. |
| Benchmark | Maybank Islamic Overnight Repo Rate (obtainable from www.maybank2u.com.my) The risk profile of the performance benchmark is not the same as the risk profile of the Fund. For further details on the benchmark, you may obtain the information from the Manager upon request. |
| Financial Year End | 30 April |
| Trustee | PB Trustee. |
| Shariah Adviser | IBFIM |
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).