The Fund aims to generate regular income by investing up to 100% of its NAV in liquid and low risk Islamic money market instruments issued by financial institutions. The Fund may also invest all of its NAV in Islamic money market instruments issued by a single financial institution, if, in the opinion of the fund manager, it would provide better returns for the Fund. The minimum credit rating for financial institutions in relation to Islamic money market instruments shall be A3 by RAM or A-by MARC. However, the Fund may also invest in Islamic money market instruments with non-rated financial institutions provided that the financial institutions are either government-backed or government-linked financial institutions in Malaysia.
Muamalat Invest Islamic Money Market
Latest Price NAV
USD
0.21
as of
13/Sep/23
Objective
Key Facts
Launch Date :
19/Jan/17
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
338.71
Benchmark :
Maybank 1 Month Islamic Fixed Deposit-i
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.04
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-2.04
5 Yrs Performance
0.02
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
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:
Muamalat Invest
Website :
https://www.muamalat.com.my/corporate-overview/muamalat-invest-sdn-bhd/