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Alliance Unit Trust Management Berhad



Alliance Islamic Money Market Fund

Affin Trust Management Berhad
     
Alliance Unit Trust Management Berhad
  Alliance First Fund
  Alliance Dana Adib
  Alliance Money Plus Fund
  Alliance Optimal Income Fund
  Alliance Islamic Money Market Fund
  Alliance Global Equities Fund (AGEF)
  Alliance Global Bond Fund (AGBF)
     
CIMB Principal Asset Management Berhad
HLG Unit Trust Berhad
OSK-UOB Management Berhad
Prudential Unit Trust Management Berhad
SBB Mutual Berhad
     
     
Type of Fund Income Fund (Islamic)
Category Money Market Fund (Islamic)
Investment Objective
To provide a regular stream of income by investing primarily in Islamic money market instruments and other fixed securities, which comply with Syariah requirements
Asset Allocation

To invest at least 90% of the Fund’s NAV in a diversified portfolio of short-term Islamic money market instruments which comply with Syariah requirements and have a remaining maturity period of up to 365 days

The Fund may also invest up to 10% of its NAV in debt instruments with longer remaining maturity period, which is more than 365 days but does not exceed 732 days
Investment Strategy
The Fund Manager will decide which instrument or security to buy based primarily on their yield, relative to their credit quality and the period to maturity
Investment Risks
Credit/Default risk, Liquidity risk, Issuer risk & Interest rate risk
Approved Fund Size

600 million
Units in circulation as at 31 December 2005 1.6 million
Financial Year End 30 September
Fund Launched 6 October 2005
Relative Risk Profile Low
Recommended Investment Time
Frame		 1 year
Investor Profile

Suitable for Investors who :-

  • Are conservative in nature in terms of investment
  • Prefer a consistent reasonable and stable level of return on their investment
  • Prefer a lower level of investment risk
  • Have a short-term investment horizon.

Fees and Charges

This table describes the charges that you may incur when you buy or sell units of the Funds :

 
Sales Charge per unit
At NAV per unit plus an application fee of up to 0.25%
Repurchase Charge per unit No repurchase charges
Switching Fee

For AIMMF the minimum amount to switch is RM10,000
Exit Fee
Nil

 

This table describes the fees that you may incur when you invest in the Fund :
Annual Management Fee 0.375% of NAV
Annual Trustee Fee
0.07% per annum of Fund’s NAV subject to a minimum fee of RM18,000 per annum

Management Expenses Ratio (annualised)

Not available. The Fund was launched on 6 October 2005
List of expenses directly related to the Funds
  • Accounting and other professional fees and disbursements;
  • Valuation fees in respect of the Funds;
  • Printing cost and dispatching of annual/interim reports, warrants, statements and notices of meetings to Unitholders;
  • Duties and taxes payable in respects of the Funds;
  • All fees and disbursement incurred by the Trustees for the Funds;
  • Other expenses and disbursement incurred by the Trustees for the Funds
Any fees indirectly related to the Fund Nil
Transfer Facility No charges are imposed for transfer

 

There are fees and charges involved and investors are advised to consider the fees and charges BEFORE investing in the Funds:

Transaction Details

Minimum Initial Investment
For all Funds except for AIMMF, the minimum initial investment is RM1,000 for Cash Plan and RM500 for Savings Plan. For AIMMF the minimum initial investment is RM10,000
Minimum Additional Investment
For all Funds except for AIMMF the minimum additional investment for Cash Plan is RM100 and RM50 for Savings Plan. For AIMMF the minimum additional investment is RM5,000
Minimum Repurchase Amount No Minimum
Redeeming/ Repurchasing of Units
Repurchase proceeds will be paid within ten (10) days of the Manager receiving your redemption repurchase request
Minimum Balance 10,000 units or such amount as the Manager may decide from time to time
Restriction on Frequency of Repurchase None
Cooling-Off Period
A first time investor of AUT, will be given a cooling –off period of six (6) Business Days from the date of receipt of the application by AUT. Please note that the cooling-off period is only applicable to qualified investors
Exit and Re-Entry Option None
Distribution Policy The distribution policy of the Fund is to declare income distribution to the respective Unitholders on a monthly basis by way of reinvestment in the form of additional units

 

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