Fund Manager

BIMB Unit Trust Management Berhad

Fund Category/ Type

Bond Fund/ Income Fund

Trustee

ABB Trustee Berhad

Investment Objective

To provide reasonable level of regular annual income stream to investors through investment primarily in Islamic bonds and money market instruments.

Any material changes to the investment objective of the Fund would require unitholder’s approval.

Investment Strategy

In line with the objective of the Fund to provide annual income to the investors and at the same time aims to achieve moderate stability in the investors’ principal, the Fund would invest up to 90% of its Net Asset Value (NAV) in fixed income securities such as government bonds and corporate Islamic debt securities which are relatively secure and reasonable risk tolerance. The balance would be invested in Islamic money market instruments.

To maximize the funds potential return, the fund may invest primarily in corporate bonds that generally command higher yields than government bonds and money market instruments. Conversely, to ensure the stability and security of the fund’s investment, the Fund Manager would take a defensive strategy instead of taking an active trading approach by holding the bonds for long term. In doing so, the prudent selection process on issuers should be undertaken prior to purchase of the investment.

Asset Allocation (Indicative)

Nevertheless, in time of uncertain market condition, the fund manager may take temporary steps that may not be consistent with the above asset allocation policy.

Performance Benchmark

Islamic Investment Deposit Return

Based on return of the 12-Month BIMB General Investment Account (Mudharabah).

Principal Risk

Interest rate risk, credit/default risk, liquidity risk, non compliance with Syariah requirement risk.

The interest rate risk is a general economic indicator that will have an impact to the management of the fund regardless of whether it is a Syariah-based fund or otherwise. It does not in any way suggest that this fund will invest in fixed income securities, which are not approved by Syariah. All the investments carried out for this fund are in accordance with the requirement of Syariah.

Investor Profile

Suitable for investors who prefer annual income with a relatively low risk to principal capital.

Date Launched

27 December 2001