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BIMB i Dividend Fund

 

 
   


 

Fund Manager BIMB Investment Management Berhad
Fund Category/ Type Equity/ Income and Growth Fund
Trustee CIMB Islamic Trustee Berhad
Investment Objective This Fund aims to primarily provide investors with a combination of steady and recurring income and capital growth in the *medium to long term through investments in Shariah-compliant dividend yielding equities, which historically offered solid performance and is generally less volatile when compared to the broader equity market.

*Note:
“medium to long term” in this context refers to 3 years or more.

Any material change to the investment objective of the Fund would require Unit Holders’ approvals.
Investment Policies & Strategy To achieve the Fund’s objective, the Fund will invest in Shariah-compliant portfolio of equities and equity-related securities with consistent track record of dividend distribution and potential capital growth over the medium to long term.

The Fund’s main focus is on income and to a lesser extent, capital growth.
Asset Allocation
  • Minimum of 70% - 98% of the Fund’s NAV in Shariah-compliant equities listed on BURSA Malaysia; and
  • Minimum of 2% - 30% of the Fund’s NAV in cash and cash equivalent.

TEMPORARY DEFENSIVE POSITION
To help achieve the Fund’s objective, in the event of a volatile market or any adverse condition that could affect the Fund, the Manager may take a temporary defensive position in attempting to respond to those conditions and preserve the long term investment returns of the Fund.

This defensive position may take the form of a temporary reduction in the exposure to the investments affected by the adverse conditions and the replacement thereof with investments which the Manager may consider to preserve the value of the Fund although not necessarily meeting entirely the asset allocation of the Fund for a temporary period. Such defensive position may include increasing the exposure in liquid assets/cash and/or cash equivalent assets to more than 30% of the Fund’s NAV.

Investor Profile Suitable for investors who:
  • Seek a diversified domestic Shariah-compliant investment portfolio.
  • Seek a steady income and capital appreciation.
  • Have *medium to long term investment horizon.
  • Have moderate to high risk tolerance.

*Note:
“medium to long term” in this context refers to 3 years or more.

Date Launched 18 March 2011
Financial Year End 31 October
Investor Risk Profile Moderate to High
Distribution Policy The Manager will declare annual distributions (subject to the availability of income).
Minimum Initial Investment RM500
Minimum Additional Investment RM100
Investment Options Lump Sum / Regular Savings
Cooling-off Period A Cooling-off period of six (6) Business Days from the date the Manager received the investment is accorded to an investor who is investing with BIMB Invest for the first time. During the Cooling-off Period, the investor, upon changing his mind about the unit trust investment that he has made, may proceed to exercise his Cooling-off Right by submitting a cooling-off request to BIMB Invest, at the nearest Bank Islam branches or from our authorized IUTAs/ UTCs.
Minimum Holdings 500 units
Fees
Sales Charge The sales charge are as follows:-
a. Direct investment with Manager

Up to 5% of the NAV per Unit

b. Via authorised UTCs
c. Via IUTA
Repurchase Charge Nil
Transfer Fee RM3 per transfer
Switching Charge
a. 1st Time

Nil

b. 2nd Time onwards RM25 per transaction (switching fee is exempted for investors having a total investment with BIMB Invest of RM100,000 and above)
Annual Management Fee 1.5% of the NAV of the Fund per annum.
Annual Trustee Fee 0.06% of the NAV of the Fund per annum

For more details, please visit our nearest Bank Islam branches or call our Call Centre at 03-26 900 900.

INVESTORS ARE ADVICE TO READ AND UNDERSTAND THE CONTENT OF THE MASTER PROSPECTUS THAT IS AVAILABLE AT BANK ISLAM BRANCHES. IF IN DOUBT, PLEASE CONSULT A PROFESSIONAL ADVISER.

 
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