Bi-Monthly Market Update:
Fund Review:
Description
Balanced Diversified
Fund Objective
Balanced mix of equity and fixed income returns over the medium to long term, through investments in a diversified portfolio of Syariah-approved stocks (as listed by the Syariah Advisory Council of the Securities Commission) and Islamic fixed income securities.
Risk Barometer
Moderate to high.
Investor Profile
1) Interested in balanced portfolio of Syariah-approved stocks and Islamic fixed income securities.
2) Willing to accept a moderate to high level of investment risk.
Investments of the Fund
Invests predominantly in Malaysian Syariah-approved stocks, Islamic fixed income securities, cash and short-term Islamic money market instruments.
Asset Allocation
The asset allocation range may be changed from time to time in response to investment market conditions & economic influences.
Asset Class
|
Range %
|
Equities & equity-related securities
|
10-70
|
Fixed income securities
|
30-55
|
Cash & cash equivalents
|
5-60
|
Other Assets
|
0-10
|
Fund Management Fee
Up to 1.5% per annum.