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BIMB-Arabesque i Global Dividend Fund 1 (BiGDF1)


Fund Manager BIMB Investment Management Berhad
Target Fund Manager Arabesque Asset Management Ltd
Fund Category/ Type Feeder (Wholesale) / Income & Growth
Trustee Deutsche Trustees Malaysia Berhad (763590-H)
Investment Objective The Fund seeks to achieve long-term capital appreciation.Any material changes to the investment objective would require Unit Holders’ approval.
Investment Policies & Strategy
  • The Fund will be investing in a minimum of 70% of the Fund’s NAV into the Target Fund and a maximum of 30% of the Fund’s NAV into money market instruments, fixed deposits and/or liquid assets.
  • The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy by reducing its investment into the Target Fund and raise liquidity level of the Fund during adverse market conditions to protect the Unit Holders’ interest.
Asset Allocation
  • A minimum of 70% of the Fund’s NAV to be invested in the Target Fund; and
  • A maximum of 30% of the Fund’s NAV to be invested in Islamic money market instruments, Islamic fixed deposits and/or Islamic liquid assets.
Investor Profile The Fund is primarily suitable for Sophisticated Investors:

  • Seeking exposure to Shariah-compliant global developed markets equity
  • Seeking capital appreciation
  • With moderate to high risk tolerance
  • With a 5-year or more investment horizon
Date Launched 5 November 2015
Financial Year End 31 March
Investor Risk Profile Moderate to high risk
Distribution Policy The Manager will declare annual income distributions (subject to availability of income), after the end of its first financial year.
Minimum Initial Investment RM30,000 / USD10,000, or such amount as the Manager may from time to time decide.
Minimum Additional Investment RM15,000 / USD5,000, or such amount as the Manager may from time to time decide.
Redemption Frequency There is no restriction on the frequency of redemption.
Cooling-off Period As this is a wholesale fund, cooling off is not applicable. The unit holder may redeem based on the NAV per Unit of the Fund on any business day, following the redemption process and procedures.
Minimum Holdings
  • RM Class – 30,000 Units
  • USD Class – 10,000 Units
Fees
Sales Charge per Unit Up to 5% of the NAV per Unit The sales charge is applicable to all Classes of Units.
Redemption Charge The Manager will NOT impose any redemption charge on any redemption.
Switching Charge per Unit
a. 1st Time

Nil

b. 2nd Time onwards RM 25 per transaction
Annual Management Fee 1.80% per annum of the NAV of the Fund.
Annual Trustee Fee 0.06% per annum of the NAV of the Fund subject to a minimum fee of RM15,000 per annum or its equivalent in the base currency (excluding foreign custodian fees and charges).

For more details, please visit our nearest Bank Islam branches or call BIMB Investment Management Berhad Toll Free Number at 1-800-88-1196.

INVESTORS ARE ADVISED TO READ AND UNDERSTAND THE CONTENTS OF THE INFORMATION MEMORANDUM THAT IS AVAILABLE AT BANK ISLAM BRANCHES. IF IN DOUBT, PLEASE CONSULT A PROFESSIONAL ADVISER.

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