The Fund seeks to provide a steady stream of investment returns deriving from the portfolio and to provide liquidity for investors, whilst adhering to Shariah principles. The Fund seeks to obtain a yield that exceeds the benchmark by placing 100% of the NAV of the Fund in Islamic deposits ranging from overnight placement to any tenure offered by the financial institutions. The Manager will only invest in Islamic deposits with financial institutions that are licensed under the Financial Services Act 2013 and Islamic Financial Services Act 2013.
Maybank Dana Najiyah
Latest Price NAV
USD
0.21
as of
13/Sep/23
Objective
Key Facts
Launch Date :
27/Mar/14
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
1.09
Benchmark :
Maybank Islamic Overnight Deposit Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.03
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-3.53
5 Yrs Performance
-1.44
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.45
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:
Maybank AM
Website :
https://www.maybank-am.com.my/