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CIMB Principal Asset Management Berhad



Lifetime Dana Wafiq

Affin Trust Management Berhad
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CIMB Principal Asset Management Berhad
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  Lifetime Dana Wafiq
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Fund Type: Bonds (Syariah)/ Income (Syariah)

Investment Objective

To grow the value of the unitholders’ investments over the medium term in an Islamic bond portfolio with most tenures ranging from 3-10 years as well as to provide regular income

Fund is suitable for investors who :

  • looking for potential higher returns compared to other kinds of bond funds
  • looking to diversify your overall investment portfolio by including bonds as an asset
  • looking for a less volatile asset class and yet wish to have some exposure to the equity market while accepting that returns may fluctuate over the short term

Fees and Charges

Application Fees Up to 2% on each investment
Annual Fees Management Fees: Up to 1% of the NAV
Trustee Fees:0.07% of the NAV (min RM18,000 p.a.)
Switching Fees
A fee of up to 3% is chargeable on the amount switched for each switch from the Fund into any of the other Funds under CIMB-Principal Asset Management. For more information, please refer to the Lifetime Dana Wafiq Prospectus dated 23 February 2005

Fund Details

Distribution Policy Once a year
Investment Time Horizon Recommended 3 years or more
Initial Investment Minimum RM 2,000
Additional Investment RM500 or more at any time
Cooling Off Period
6 Business Days from the date the application form is received and accepted by the Manager. Please note that the cooling-off right is only given to an investor who is investing with CIMB-Principal Asset Management Berhad for the first time. However, corporations/institutions are not entitled to the cooling-off right
Redemption/Withdrawal
Yes, at any time without penalty. Minimum withdrawal is RM 1,000 or more at any time. Payments are made within 10 days
Launch Date 23 February 2005

Approved Fund Size (units)

500 million

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