The Fund seeks to provide capital appreciation over the short to medium term by investing in a portfolio consisting of fixed income instruments that comply with Shariah Principles. The Fund seeks to achieve its objective by investing a minimum 70% of its NAV in Sukuk, while maintaining a weighted average portfolio duration of 1 to 3 years and carry a minimum long-term credit rating of A3 by RAM or its equivalent as rated by local or global rating agency. The Fund will place maximum 30% of its NAV in Shariah Compliant money market instruments which are highly liquid and have duration of up to 1 year, with short-term local credit rating of P3 by RAM or its equivalent as rated by local or global rating agency.
AmIslamic Fixed Income Conservative
Latest Price NAV
USD
0.30
as of
13/Sep/23
Objective
Key Facts
Launch Date :
9/Jan/12
Asset Type :
BondBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
4.85
Benchmark :
Maybank 12 Months GIA-i Tier I Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.86
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.38
5 Yrs Performance
0.87
10 Yrs Performance
-0.09
Top Holdings
1.
Gii Murabahah 4/2015 3.990% 15.10.2025 (Sukuk)
45.93
%
2.
Ponsb Imtn 5.310% 29.06.2029 - Series 2 Tranche 2
14.22
%
3.
Maybank Imtn 4.080% Perpetual (Sukuk)
9.1
%
4.
Aeon Credit Senior Sukuk (Series 1 Tranche 1)
9
%
5.
Ijm Land 5.650% Perp Sukuk Musharakah-S1T1
6.98
%
Portfolio Composition
1.
Malaysia
89.89
%
2.
Money market deposits and cash equivalents
10.11
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
AFMB
Website :
https://www.aminvest.com