| Objective |
AmBon Islam is a medium to long-term Islamic bond fund that aims to provide a stream of "halal" income. |
| Type
of Fund |
Bond
- Islamic (Income) |
| Launch Date |
26 November
2001 |
| Maximum fund size
|
500 million
units |
| Minimum suggested
investment horizon |
3 years
and more |
| Investment Manager |
AmInvestment
Management Sdn Bhd |
| Trustee |
Amanah
Raya Berhad |
| Entry charge * |
Nil |
| Exit charge # |
Nil |
| Switching fee |
For switches between any of the Funds mentioned in the AmMutual Master Prospectus, you may be charged up to 6% of the amount switched, per switch. If you subscribe to the AmMutual Al-Syamil Facility, you will be allowed to switch between the funds within the Facility without any cost or fees. |
| Manager's fee |
Up to 1.00%
p.a. of the NAV of the Fund |
| Trustee fee |
Up to 0.08%
p.a. of the NAV of the Fund |
| Financial year
end |
30 September |
Income distribution
(if any)
|
Income
(if any) is paid at least twice every year |
| Minimum initial
investment |
RM1,000
or such amounts as the Manager may from time
to time decide |
| Minimum additional
investment |
RM500 or
such amounts as the Manager may from time
to time decide |
| Minimum repurchase
amount |
RM500 or
such amounts as the Manager may from time
to time decide |
| Minimum holding/
balance |
RM1,000
or such amounts as the Manager may from time
to time decide |
| Unit price |
Forward
pricing |
| Cooling-off rights
|
Only available
for first time individual investors investing
in any Fund Managed by us (not available to
corporate or institution, persons dealing
in the Funds and persons related to the Manager)
|
| Cooling-off period
|
Ordinary
Application
Six (6) business days of us accepting the investment . The cooling off period commence from the day we accept the complete documentation with payment is received by us
EPF Application
Subject to EPF's terms and conditions (if any), if you make an investment using your EPF Funds, the cooling-off period starts from the date monies is received by us from EPF |
| Statement of investment |
Every six
months |
| Reports |
Semi-Annual
Report - 31 March
Annual Report - 30 September |
* The maximum rate of sales charge to be imposed by each distribution channel ( i.e Direct Sales Channel, AmBank and Institutional Unit Trust Agent " IUTA") during the life of this prospectus. Investors are advised that they may negotiate for lower sales charge prior to the conclusion of the sales.
# The maximum rate of exit charge to be imposed by each distribution channel during the life of this prospectus.
