The Fund seeks to provide investors with a regular income stream over the short to medium term that complies with Shariah requirements whilst maintaining capital stability. The Fund will invest at least 90% of its NAV in short-term Islamic deposits, short-term Islamic money market instruments and/or short-term sukuk. Up to 10% of its NAV will be invested in high quality sukuk which have a remaining maturity period of more than 397 days but less than 732 days.
MIDF Amanah Shariah Money Market
Latest Price NAV
USD
0.21
as of
13/Sep/23
Objective
Key Facts
Launch Date :
1/Apr/04
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
26.46
Benchmark :
Maybank Islamic Overnight Deposit Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.13
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.53
5 Yrs Performance
-0.22
10 Yrs Performance
-0.85
Top Holdings
1.
Public Islamic Bank Berhad
18.14
%
2.
Kenanga Investment Bank Berhad -Spi
17.93
%
3.
Alliance Islamic Bank Berhad
15.35
%
4.
CIMB Islamic Bank Berhad
15.01
%
5.
Midf Amanah Investment Bank Berhad
11.54
%
Portfolio Composition
1.
Money Market
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.5
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:
MIDF Amanah
Website :
http://www.midf.com.my/index.php/en/what-we-do-en/asset-management