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Q. What is Al-Syamil Facility
The Al-Syamil Facility is a Facility where AmMutual groups our
various Islamic unit trust funds under one umbrella¹. The
Facility allows you to switch between all the Islamic funds
under AmMutual. Currently, they comprise:
AmAl-Amin - Islamic short term debt securities fund
AmBon Islam - Islamic bond fund
AmIslamic Balanced - Islamic Balanced fund
AmIttikal - Islamic equity fund
AmIslamic Growth - Islamic equity growth fund
AmOasis Global Islamic Equity - Global Islamic equity capital growth fund
You may choose to create your own portfolio by investing in
one or a composite of funds (subject to the minimum investment
amount requirement of the respective fund). Subsequently, you
may wish to switch between funds in your portfolio according
to the changes in your investment requirements and market cycles
(subject to 30-day interval between each switch and a minimum
amount of RM1,000).
¹You may invest in these Islamic
funds separately if you wish to do so, subject to terms and
conditions mentioned in the AmMutual Master Prospectus. |
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Q. What benefits
do I get by joining the Facility?
The benefits are numerous:
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Convenience, flexibility and cost savings
in the long run (one-time entry fee upon joining and no
switching fee) |
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Caters to increasingly sophisticated and well-informed
investors who are capable of determining your own asset
allocation (either passively or actively as advised by
our fund manager); |
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Allows you to change your composite exposure and take
advantage of future market volatility and different market
cycles as advised by our Fund Manager; |
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Consolidated statements on a quarterly basis (compared
to half-yearly for AmIttikal); |
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Quarterly newsletter (members only); and |
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Special promotions and events. |
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Q. What are
the costs involved?
You pay a one-off 6% of the net asset value (NAV) per unit of
the fund(s) invested as the joining fee only. |
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Q. Please elaborate
You pay a 6% of the NAV per unit of the fund(s) invested as
joining fee to become a member of the Al-Syamil Facility. Then
as a member, you are free to invest in the various Islamic funds
under the Facility. Your portfolio choice can be in any combination,
or you can concentrate in one or two funds as you please.
You may also opt to switch out of the funds in the Facility
to one of our conventional funds. Under such circumstances,
terms and conditions of the AmMutual Master Prospectus are applicable.
Should you opt to enter the Facility again, you are required
to pay the joining fee for the second time.
Existing AmIttikal investors may opt for the Facility now without
any joining fee. |
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Q. Who is Al-Syamil Facility
suitable for?
It is for the discerning investor who chooses to invest financially
for the long term. You are free to perform your own asset allocation
and reposition your portfolio from time to time, depending on
changing investment needs and market cycles. |
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Q. Who manages the Funds?
The Funds are managed by professional fund managers of AmMutual.
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Q. Who will advise me about
my portfolio?
Client Service - You will
be serviced by our Consultant from whom you bought the membership.
Quarterly statements will be sent to you stating your portfolio
holding in the respective funds.
Market Outlook
- A quarterly newsletter with current topics of interest and
market outlook will be provided along with the fund manager's
strategy for each fund. The fund manager will provide the information
and will share our house views on investments and financial
market with you. |
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Q. Can I leave the Facility?
You can leave the Facility at any time by withdrawing your funds
in full from the Facility. |
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Note: We recommend that you read and understand the contents of the AmMutual Master Prospectus dated 10 September 2007, AmMutual Prospectus for AmGlobal Climate Change dated 19 October 2007, AmMutual Prospectus for AmPrecious Metals dated 12 November 2007, AmMutual Prospectus for AmGlobal Emerging Market Opportunities dated 10 March 2008 and AmMutual Supplementary Prospectus for AmGlobal Emerging Market Opportunities dated 18 March 2008 that have been registered with the Securities Commission, who takes no responsibility to its contents before investing. Copies of the Prospectus are available at our representative office. Units will be issued upon receipt of completed application form accompanying the Prospectus and subject to terms and conditions therein. Unit Prices and income distribution, if any, may rise or fall. Past performance of a fund is not an indication of future performance. Please consider fees and charges involved before investing. This is neither an offer nor solicitation to purchase units of the fund; AmInvestment Services Berhad does not guarantee any returns on the investment.
The information of this Internet website is not an offer or solicitation for the purchase of securities, units or investments, outside of Malaysia. While, AmMutual provides the information in good faith, it accepts no responsibility for the accuracy, completeness or timeliness of the information.
Some of the terms used in this website are similar to the definitions in the Prospectus.
You need Adobe Acrobat Reader in order to view or print the "prospectus". If you do not have it, you can download Adobe Reader from http://www.adobe.com/products/acrobat/readstep2.html
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