PMB SHARIAH WHOLESALE INCOME FUND 1

Category

Income

Wholesale Shariah Money Market Fund

Risk

Low

Horizon

Daily Fund Price

NAV per Unit (RM)

1.0000

Change (RM)

0

Change (%)

0

Closing Prices For 13 Dec 2018

*Net Aset Value (NAV) Per Unit

Objective

The Fund aims to provide investors with regular income stream and maintain the Fund’s NAV per unit at RM 1.0000.

Note:
*Income distribution will be made in the form of additional units.

Financial Year End

31 December

Asset Allocation

The Fund will invest at least 90% of the Fund’s NAV in permitted investments (refer to Section 4.7 Permitted Investment) with a remaining maturity period of not exceeding 365 day, of which 70% of the NAV will be in Islamic money market instruments. Not more than 10% of the Fund’s NAV will be invested in sukuk with a remaining maturity period of more than 365 days but not exceeding 732 days.

Investors Profile

The Fund is primarily suitable for you if you:

• seek regular income stream* and capital stability;
• are low risk tolerant; and
• are Qualified Investors

*Income distribution will be made in the form of additional units.

Principal Risk(s)

• Profit/Interest Rate Risk
• Concentration Risk
• Credit /Default Risk
• NAV Instability Risk

Trustee

Deutsche Trustees Malaysia Berhad

Others

Product Highlight Sheet (PHS) 1.1 MB Download File

What Unit Trust Fund Are You Investing In?

  • You are investing in a wholesale Islamic money market fund constituted in Malaysia that aims to provide its unit holders with a regular income stream and maintain the Fund’s NAV per unit at RM1.0000.
* Please refer to section 9.3 page 29 of the Information Memorandum for further details on how the NAV per unit is maintained at RM1.00.
  • A wholesale fund is a unit trust fund, the units of which are issued, offered for subscription or purchase, or for which invitations to subscribe for or purchase the units have been made, exclusively for Qualified Investors.
  • You may receive distributions from the Fund on a monthly basis and will be made in the form of additional units to be decidedat the sole discretion of the Managers. However, such distribution is not guaranteed. The distribution, will be accrued and declared daily and payable monthly.
Investment Strategy

  • The Fund shall invest in Islamic money market instruments and Islamic money market instruments, Islamic deposit placements and/or sukuk, inMalaysia.
  • Fund shall invest not less than 90% of its NAV in Islamic money market instruments, Islamic deposits and/or sukuk with a remaining maturity period of not exceeding 365 days of which at least 70% of the Fund’s NAV will be in Islamic money market instruments and the remaining portion in Islamic deposits and/or sukuk.
  • The Fund may invest not more than 10% of the Fund’s NAV in sukuk with a remaining maturity period of more than 365 days but not exceeding 732 days.
Parties Involved

  • PMB Investment Berhad : the Manager of the Fund
  • Deutsche Trustees Berhad : the Trustee of the Fund
  • BIMB Securities Sdn Bhd : the Shariah Adviser of the Fund
Possible Outcomes

In view of the Fund’s objective and investment strategy, the Fund aims to provide investors with regular income stream and maintain the Fund’s NAV at RM1.0000 through investment in Islamic money market insruments and Islamic deposits and/or sukuk. Although there will be no movement in daily Fund’s NAV experienced by the Fund, there is still risk that the actual NAV per unit of the Fund fluctuates and may not be maintained at or above its initial NAV per unit of RM1.0000 at all times. The possible outcome of the Fund’s performance :
1)  Where the returns of the Fund’s’ investment is below the expenses of the Fund. The actual NAV per unit of the Fund fluctuates and may not be maintained at its initial NAV per unit at RM1.0000 and there will be no income distributed.
2)  Where the returns of the Fund’s’ investment is equal to the expenses of the Fund. The NAV per unit of the Fund will be maintained at its initial NAV per unit at RM1.0000. However, there will be no income distributed.
3)  Where the returns of the Fund’s’ investment exceeds the expenses of the Fund The NAV per unit of the Fund will be maintained at its initial NAV per unit at RM1.0000 and income will be paid and distributed.

PAST PERFORMANCE OF THE FUND IS NOT AN INDICATION OF ITS FUTURE PERFORMANCE.

Total Return
Distribution Highlight
Portfolio Turnover Ratio (PTR)
Asset Allocation
Historical Performance
Total Annual Expenses
You should be aware that

  • The value of your investment, and the distribution payable, may go down as well as up.
  • The return of the Fund is not guaranteed.

WHAT ARE THE FEES AND CHARGES OF THIS INVESTMENT?

Payable directly by you :

Management Fee 0.15% per annum
Trustee Fee 0.02% per annum
Other Fees Charged by the Fund
  • Fees paid to brokers/dealers;
  • Auditor’s fee;
  • Tax adviser’s fee;
  • Valuation fee;
  • Taxes;
  • Custodial Charges;
  • Tax voucher/distribution warrants; and
  • Any other fees/expenses permitted by the Deed

YOU SHOULD NOT MAKE PAYMENT IN CASH TO A UNIT TRUST CONSULTANT OR ISSUE A CHEQUE IN THE NAME OF A UNIT TRUST CONSULTANT

HOW IT WORKS

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Open a trust and investment account with us

Download Forms


Take an Investor Profile Assessment

Discover your profile


Choose your preferred fund to invest

Compare our funds


Monitor and manage your investment

Our Services