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HomeAreca Islamic Cash

Areca Islamic Cash

Latest Price NAV

USD
0.24
as of
13/Sep/23

Objective

The Fund aims to seek to offer investors regular income. The Fund may invest up to 30% of its NAV in Islamic fixed income securities including Ringgit denominated Sukuk and invest the remaining NAV in Short-Term Islamic money market instruments and Islamic Deposits and placement with Islamic Investment Account with different maturity periods to meet the objective of the Fund.

Key Facts

Launch Date :
18/Jun/15
Asset Type :
Base Currency :
Total Net Asset (USD M) :
28.71
Benchmark :
Maybank 1 Month Repo Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.47
Geographical Focus :
Malaysia
Shariah Compliant
Shariah

Performance

3 Yrs Performance

-1.73

5 Yrs Performance

-0.17

10 Yrs Performance

N.A

Top Holdings

1.
Shariah-Based Deposit
100
%

Portfolio Composition

Transaction Information

Annual Charges

Minimum Charge :
N.A
Maximum Charge:
N.A
Actual 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:
Areca Capital
Website :
http://www.arecacapital.com