AFFIN ISLAMIC EQUITY FUND

FUND INFORMATION

Name of Fund

Affin Islamic Equity Fund (AIEF)

Category of Fund

Islamic Equity

Type of Fund

Capital Growth

Fund Objective

The Fund aims to provide investors with stable returns by enabling investors to participate in the growth prospect of the Malaysian market which is in compliance with Shariah principles.

Investor Profile
  • Investors who seek potentially higher returns and are willing to accept greater fluctuations in value; or
  • Investors who want diversification from other asset classes such as Shariah-based deposits or sukuk; or
  • Investors with a medium to long-term investment horizon of three (3) years to five (5) years.

FEES & CHARGES

Service Charge

Direct Investment via

AFMB : Up to 7%

IUTA : Up to 7%

Repurchase Charge

Nil

Switching Fee

Nil. However, since switching is treated as withdrawal from one fund and an investment into another fund, the Unit Holders will have to pay the difference (if any) between the sales charge of these two funds.

Transfer Fee

Nil

Annual Management Fee

Up to 1.5% of NAV*

Annual Trustee Fee

Up to 0.08% of NAV*, subject to a minimum of RM18,000 per annum

FUND DETAILS

Minimum Initial Investment

RM200

Minimum Additional Investment

RM100

Minimum Repurchase / Redemption

200 units

Minimum Holding

200 units

Cooling-Off Period

Qualified first time investors may exercise cooling-off right within six (6) Business Days from the date of the acceptance of the application and receive a full refund of the investment within ten (10) days of the receipt of the application for cooling-off by Affin Fund Management Berhad.

Distribution Policy

Incidental

Approved Fund Size

600 million units

Financial Year End

30 June

Launch Date

1 August 2007

INVESTORS SHOULD RELY ON THEIR OWN EVALUATION TO ASSESS THE MERITS AND RISKS OF THE INVESTMENT. IN CONSIDERING THE INVESTMENT, INVESTORS WHO ARE IN DOUBT AS TO THE ACTION TO BE TAKEN SHOULD CONSULT THEIR PROFESSIONAL ADVISERS IMMEDIATELY.