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AFFIN Fund Management Berhad


Affin Islamic Money Market Fund

Affin Fund Management Berhad
  Affin Capital Fund
  Affin Equity Fund
  Affin Islamic Equity Fund
  Dana Islamiah Affin
  Affin Islamic Money Market Fund
  Affin Quantum Fund
  Affin Select Growth Fund
  Affin Tactical Fund
   
   
   
     
     
Category Money Market ( Shariah ) / Income
Type of Fund Money Market / Income
Objectives
To provide short-term liquidity and income, whilst maintaining capital stability by investing in a diversified portfolio of Islamic money market instruments.
Investor Profile
  • Investors who seek regular income in a highly liquid investment
  • Investors who want diversification from other asset classes such as equities, fixed income securities and fixed deposits
  • Investors with a short-term investment horizon of 1 year and below
Investor Risk Profile
Conservative
Asset Allocation
  • At least 90% invested into fixed income securities, money market instruments and investment accounts with licensed financial institutions that is not more than 365 days maturity.
  • Up to 10% invested in fixed income securities, money market instruments and investment account with licensed financial institutions that is more than 365 days but fewer than 732 days maturity.
Distribution Policy
Quarterly Distribution

Fees and Charges  
Annual Management Fee
Up to 0.50% per annum of the NAV of the Fund
Annual Trustee Fee
0.08% per annum of the NAV of the Fund, calculated and accrued on a day basis
Sales Charge
Nil
Initial Selling Price
RM0.50 per unit
Approved Fund Size
400 million units
Minimum initial Investment
RM5,000.00
Minimum Additional Investment
RM1,000.00
Minimum Holding
10,000 units
Switching Fee
Switching fee is waived. Unlimited switching frequency in any one calendar year
Transfer Fee
Nil
Cooling-off Period
First time qualified investor of any unit trust under the Manager may exercise their cooling-of right within six (6) business days from the date of the acceptance of the application and receipt of the application form (deemed to be the date of depositing monies into the collection accounts of Affin Fund Management Berhad. Investor will be paid a full refund of their investment within 10 days of the receipt of the application for cooling-off by the Manager.
   

For more information, call us at 03-2055 9733 or visit your nearest AFFINBANK Branch today!
 
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