AHAM Private Retirement Scheme (Islamic Core Fund)

Scheme Trustee: CIMB Commerce Trustee Berhad

AHAM Aiiman PRS Shariah Moderate Fund

*Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page.

Investment
Objective		 To facilitate the accumulation of Shariah-compliant retirement savings# by Members for their retirement needs by generating income and capital growth through Shariah-compliant investments.
#The Fund is not a capital guaranteed nor a capital protected fund.
Fund Category Islamic Core (Moderate) – Mixed Asset
Investment
Strategy		 The Fund will invest in a portfolio of Shariah-compliant equities and Islamic fixed income instruments to achieve income and capital growth. The Fund’s exposure in Shariah-compliant equities and Shariah-compliant equity-linked instruments will be capped at a maximum of 60% of the Fund’s NAV and will include Shariah-compliant investments in Foreign Markets to increase the Fund’s investment and diversification opportunities. The Fund will also have a minimum of 40% of its NAV invested in Islamic fixed income instruments and other Shariah-compliant permitted investments as listed in Section 5.11 of the Disclosure Document.

The Fund may also invest in Islamic collective investment schemes that have similar objectives to the Fund. 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.
Asset
Allocation		 Equities and equity- linked instruments Minimum of 0% to maximum of 60% of the NAV of the Fund
Fixed income instruments (including money market instruments) Minimum of 40% to maximum of 100% of the NAV of the Fund .
Performance
Benchmark		 30% MSCI AC World Islamic Index
10% MSCI AC Asia ex Japan Islamic Index
10% FTSE Bursa Malaysia EMAS Shariah Index
50% Maybank 12-Month General Investment Account (GIA) Rate
Member
Profile
  • Seek Shariah-compliant investments
  • Seek potential capital growth and regular income.
  • Have moderate risk tolerance.
Age group of below forty five( 45) to below fifty five (55) years old if contribute under Default Option.
Risks
Disclosure		 Credit/default risk, Profit rate 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
Back