TA BRIC and Emerging Markets Fund
A Fund that aims to provide medium to long-term capital growth from investments in a diversified portfolio of Shariah-compliant securities of emerging markets.
Fund type/Category:
Equity
Date launched:
8 March 2010
Min initial investment:
RM1,000
Investment Objective
The Fund aims to provide medium to long-term capital growth from investments in a diversified portfolio of Shariah-compliant securities of emerging markets.
Approved Fund Size
400 million units
Fund Manager
TA Investment Management Berhad
The Trustee
BHLB Trustee
Offer Price during the Initial Offer Period
RM0.50
Asset Allocation
- Minimum : 70% of the Fund's NAV - Shariah-compliant equity and equity-related securities
- Maximum : 30% of the Fund's NAV - Sukuk
Distribution Policy
Annual distribution (if any)
Benchmark
- MSCI BRIC Islamic TR Index - 70%
- Maybank 12-month General Investment Account (GIA) rate - 30%
Sales Charge per Unit
A maximum of 5.50% of the NAV per Unit
Transfer Fee
RM5.00 per transfer
Redemption Charge
Not Applicable
Management Fee
1.80% per annum of the NAV of the Fund
Trustee Fee
0.08% per annum of the NAV of the Fund, subject to a minimum of RM18,000 per annum (excluding foreign sub-custodian fees and charges).
Minimum Initial Investment
RM1,000
Min.Subsequent Investment
RM100
Please refer to our nearest branch or contact our call centre (1300 88 6688) for more details about TA BRIC and Emerging Markets Fund