AmPRS Islamic Equity 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		 AmPRS – Islamic Equity Fund aims to provide long term capital growth by investing primarily in Shariah compliant equities and/or equity-related securities.
Note: Any material change to the investment objective of the Fund(s) would require Members’ approval.
Fund Category Equity (Islamic)
Investment
Strategy		 The AmPRS – Islamic Equity Fund may invest its assets into a well-diversified portfolio comprising the following asset classes:
  • Shariah Compliant equities;
  • Sukuk and Islamic money market instruments;
  • Islamic real estate investment trust (“REITs”); and
  • Islamic liquid assets.
The Shariah Compliant securities that the Fund invests in will be traded and/or listed in the following countries, which includes but not limited to Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. Shariah Compliant foreign investments (if any) will be limited to 50% of the Fund’s net asset value (“NAV”).

In order to achieve the investment objective, AmIslamic Funds Management Sdn Bhd (the “Investment Manager”) may opt to invest in the Shariah Compliant securities either directly or via Islamic collective investment schemes (“CIS”) of AFM or other Islamic CIS such as exchange-traded funds that comply with Shariah Principles.

The Fund may also use Shariah Compliant hedging instruments for the purpose of hedging (subject to PRS Guidelines) if it is deemed necessary to do so.
Asset
Allocation
  • A minimum of 70% of the Fund’s NAV in Shariah Compliant equities and/or Shariah Compliant equity-related securities (i.e Shariah Compliant warrants), where a maximum of 20% of the Fund’s NAV will be in Islamic REITs;
  • A maximum of 30% of the Fund’s NAV in Sukuk and Islamic money market instruments; and
  • A minimum of 1% of the Fund’s NAV in Islamic Liquid Assets
Performance
Benchmark
  • 40% FTSE Bursa Malaysia Emas Shariah Index
  • 30% MSCI AC Asia Pacific Islamic ex Japan Index
  • 30% RAM Quantshop Medium* GII Index
Note: * Medium means the duration is between three (3) years to seven (7) years.
Member
Profile		 AmPRS – Islamic Equity Fund is suitable for members who seek:
  • long term capital growth on their Shariah compliant investment;
  • a diversified portfolio of Shariah compliant equities with strong emphasis on growth; and
  • a long term retirement savings* plan.
Note: * Please note that Members’ capital is neither guaranteed nor protected.
Risks
Disclosure		 Interest Rate Risk, Risks associated with investment in REITs, Liquidity Risk, Currency risk, Company Specific Risk, Credit and Default Risk, Credit/default risk, Shariah Non-Compliance Risk, Suspension Risk, Capital Distribution Risk, Risk associated with Investments in Shariah Compliant Equity-Related Securities, Islamic Collective Investment Risk
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