AFFIN ISLAMIC MONEY MARKET FUND

FUND INFORMATION

Name of Fund

Affin Islamic Money Market Fund (AIMMF)

Category of Fund

Islamic Money Market

Type of Fund

Income

Fund Objective

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 Shariah-compliant equities, sukuk and Shariah-based deposits
  • Investors with a short-term investment horizon of 1 year and below

FEES & CHARGES

There are annual operating expenses involved in running a fund such as management fee, trustee fee, audit fees and other direct administrative costs.

This table describes the charges that you may directly incur when you buy or sell units of the Fund.

Sales Charge

Nil

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 0.50% per annum of the NAV

Annual Trustee Fee

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

FUND DETAILS

Minimum Initial Investment

RM5,000

Minimum Additional Investment

RM1,000

Minimum Repurchase / Redemption

RM1,000

Minimum Holding

10,000 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

Quarterly

Approved Fund Size

400 million units

Financial Year End

31 August

Launch Date

13 November 2008

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.