 |
|
investments :: unit
trust > unit
trust products > mayban
dana yakin |
|
| |
|
|
Mayban Dana Yakin |
|
Profile
of the Fund
Mayban Dana Yakin (MDY) is an Islamic equity fund that
offers investors an opportunity to invest in a diversified
portfolio of assets managed under investment policies
that adhere with the Syariah Principles.
Fund Category
Equity Growth Fund
Commencement of Fund
24 November 2000
Financial Year End
30 April
Approved Fund size
200 million units
Basis of determining Selling and
Buying price
Both Selling and Buying price of units are computed
on a "Forward pricing" basis i.e. the price will only
be determined at the end of the day.
Cooling off period
Unitholders have the right, within six business days
of paying for their investment, to call for the withdrawal
of that investment.
Investment objective
To achieve a steady capital growth over the medium to
long term period through investments permissible under
the Syariah Principles.
Investment Strategy
The investment strategies of MDY will seek to enhance
the value for the Fund through diversification of stocks
that complies with the Syariah Principles within the
permitted investment parameters. MDY will focus in the
equity market, with more weight given to main board
stocks. The emphasis is given to companies with reasonable
good earnings growth prospect in the medium-to longer-term
horizon, quality management and good earnings track
record.
Investor profile
|
• Investors who are looking for investments
of a diversified
Portfolio of assets that conforms
to the Syariah Principles
• Investors who have medium-to long-term
investment horizon
of 3 years and above
• Investors who seek an automatic deduction
for
zakat, as a service, from the distribution
declaration
|
Potential risk profile
MDY is subject to the volatility of price in the share
market. The performance of individual stocks, which
make up the portfolio will fluctuate according to changes
in the market value of the investments. The fluctuations
can be significant in the short-term. This accounts
for the market risk when investing in this Fund. However,
this impact can be minimised through the investment
process of portfolio diversification by our investment
managers.
Approved EPF Investment Scheme
Mayban Management Berhad is a Fund Manager approved
by the EPF Investment Board under the EPF Investment
Scheme. Thus, investors can use a portion of their EPF
funds to invest in the Fund.
How does it work?
The Investment Manager adopts a combined top-down and
bottom-up approach to investing. This ensures that the
allocation of fund is skewed to the (financial) asset
class which is expected to give greater returns in a
particular investment environment that conforms to the
Syariah Principles.
Main Benefits
Mayban Dana Yakin has been specially designed, with
adherence to the Syariah Principles. Through diversification
process, the risk associate with the investments are
spread over the portfolio of stocks and this will bring
returns at lower risks to investors compared to investing
directly in stocks market. Investors can also benefit
from the expertise and resources of the professional
fund managers managing the Fund at an affordable cost
Advice to investors
Investors are advised to read and understand the contents
of the Prospectus and the Deed. The contents of which
can be downloaded from MUTB website at www.maybanunittrust.com.my.
Investors are advised that there are fees and charges
involved in buying and selling of units and should consider
these fees and charges carefully before making an investment
decision. The unit prices and the dividends payable,
if any, may go down as well as up.
Investors are advised to read and understand the content
of the risk disclosure statement before deciding to
purchase units on borrowed funds.
It is important to note that the past performances of
the Funds are not guaranteed and are not an indication
of future performances.
How do I determine if the MDY is
right for me?
If you are looking for investments of a diversified
portfolio of assets that conforms to the Syariah Principles
and have an investment horizon of 3 years or more, MDY
is the right investment for you.
For more details refer to Master
Prospectus.
Investors are advised to read and understand the contents
of the Prospectus and the Deed. The contents of which
can be downloaded from MUTB website www.maybanunittrust.com.my
|
|
| |
|
|
|