AMB Income Trust Fund
A fund that aims to maximize returns over the medium term (over 2 years) and while at the same time offer stability of capital and regular income.
Fund Type / Category:
Income / Bond
Min initial investment:
RM1,000 / RM100(subsequent)
Investment Objective
To maximize returns over the medium term (over 2 years) and while at the same time offer stability of capital and regular income.
Approved Fund Size
600 million units
Financial Year End
June 30
Fund Manager
Amanah Mutual Berhad
The Trustee
Universal Trustee (Malaysia) Berhad (17540-D)
Asset Allocation
- Min 40% Max 98% in fixed income securities
- Min 60% in cash and money market
Distribution Policy
Income (if any) is expected to be distributed annually at the Manager's discretion, subject to the approval from the Trustee.
Benchmark
12-month fixed deposit rate of commercial banks.
Sales Charge per Unit
Up to 2%
Transfer Fee
RM25 per transaction
Redemption Charge
Nil
Management Fee
1.00%p.a. to 1.50%p.a.
Trustee Fee
Up to 0.01%p.a.
Minimum Initial Investment
RM1,000
Min.Subsequent Investment
RM100
Note:
Please refer to our nearest branch or contact our call centre (1300-88-6688) for more details about AMB Income Trust Fund
Download Fund Factsheet