The Fund aims to generate regular income for Unit Holders. The Fund seeks to achieve its objective by investing at least 80% of its NAV in short-term Islamic money market instruments. Up to 20% of its NAV may be invested in other permitted investments which have a remaining maturity period of more than 365 days but less than 732 days. The investment policy is to invest in liquid and low risk short-term Islamic money market instruments to ensure there is sufficient liquidity for the Fund. The Fund may invest all of its assets in short-term Islamic money market instruments and Islamic investment accounts issued by a single financial institution.
Muamalat Invest Dana Al-Ikhwan – Series 4
Latest Price NAV
USD
0.22
as of
13/Sep/23
Objective
Key Facts
Launch Date :
27/Mar/14
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
180.56
Benchmark :
Maybank 1 Month Islamic Fixed Deposit-i
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.03
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.73
5 Yrs Performance
-0.32
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
0.03
Maximum Charge:
0.045
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:
Muamalat Invest
Website :
https://www.muamalat.com.my/corporate-overview/muamalat-invest-sdn-bhd/