| Investment Objective |
To facilitate the accumulation of Shariah-compliant retirement savings by Members for their retirement
needs, the Fund aims to generate capital growth through a portfolio of Shariah-compliant investments.
#The Fund is not a capital guaranteed nor a capital protected fund.
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| Fund Category | Islamic Core (Growth)- Mixed Asset | |
| Investment Strategy |
To achieve the objective of generating capital growth, the Fund will invest in a portfolio of
Shariah-compliant assets. Because of the Fund’s relatively aggressive nature, the Fund will be investing
mainly in a portfolio of growth biased Shariah-compliant equities and Shariah-compliant equity-linked
instruments to achieve capital growth.
The Fund’s exposure in the equity markets will be capped at a maximum of 90% of the Fund’s NAV and will include investments in Foreign Markets to increase the Fund’s investment and diversification opportunities. The Fund may also invest in Islamic collective investment schemes that have similar objectives to the Fund. The Fund will also have a minimum of 10% of its NAV invested in both local and foreign Islamic fixed income instruments. The Fund may invest in Islamic derivatives, such as Islamic index futures, Islamic foreign exchange forward contracts and Islamic cross currency swaps mainly for hedging purposes. The Fund may also employ Islamic derivatives for investment purposes to enhance the returns of the Fund by taking a view on the underlying asset or currency and establish a long position to gain a specific underlying exposure.
#The Fund is not a capital guaranteed nor a capital protected fund.
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| Asset Allocation |
Equities and equity- linked instruments | Minimum of 0% to maximum of 90% of the NAV of the Fund |
| Fixed income instruments ( including money market instruments) | Minimum of 10% to maximum of 100% of the NAV of the Fund . | |
| Performance Benchmark |
50% MSCI AC World Islamic Index 10% MSCI AC Asia ex Japan Islamic Index 10% FTSE Bursa Malaysia EMAS Shariah Index 30% Maybank 12-Month General Investment Account (GIA) Rate |
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| Member Profile |
Age group of below forty five (45) years old if contribute under Default Option .
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| Risks Disclosure |
Credit/default risk,Profit rate risk, Equity-linked instruments investment risk, Counterparty risk, Currency risk, Country risk, Shariah-compliant equity investment risk, Shariah-compliant equity-linked instruments investment risk, Islamic collective investment scheme risk, Reclassification of Shariah status risk, Islamic derivatives risk | |