Investment Objective

The Fund aims to provide investors with high-level liquidity and regular income stream to meet cash flow requirements based on Shariah principles while maintaining capital preservation.

Approved Fund Size

400 million units

Financial Year End

30 June

Fund Manager

Amanah Mutual Berhad (Company No. 195414-U)

The Trustee

AmanahRaya Trustees Berhad (Company No. 766894-T)

Offer Price during the Initial Offer Period

RM0.50

Investor Profile

Suitable for Qualified Investors:

• Seeking low risk investments that are in accordance with Shariah Principles
• Seeking a Fund with regular income with potential yield to return better than Bank Islam Mudharabah Overnight Rate.
• Preferring short term investment horizon and wish to reduce exposure in higher risk investments.
• Seeking investment with ease of entry and exit.

Asset Allocation

• Min of 90% in short term Shariah compliant deposits, Islamic money market instruments and Shariah-compliant debentures with maturity of not more than 365 days.
• Up to 10% in short term Shariah-compliant debentures exceeding 365 days but no longer than 732 days.

Distribution Policy

Monthly, depending on the level of income (if any) the Fund generates.

Benchmark

The performance of AMBDN will be benchmarked against the Bank Islam Mudharabah Overnight Rate, which can be obtained from the Bank Islam website www.bankislam.com.my or from Bloomberg (indicative rate).

Sales Charge per Unit

Nil

Transfer Fee

RM25 per transfer transaction

Repurchase Charge per Unit

Nil

Switching Fee

Switch into AMBDN - Nil

Switch out from AMBDN into the existing AMB Family of Funds - Please refer to the table below :

The switching facility into AMBDN is not presently available for Unit Holders who have invested via the EPF-MIS.

Minimum Balance of Investment

Individual = 1,000 units ; Corporate = 5,000 units

The Manager is allowed to close the Unit Holder's account, at the Manager's discretion should the balance in Unit Holder's account fall below the minimum balance requirement.

Annual Management Fee

0.50% per annum of the NAV of the Fund calculated and accrued on a daily basis.

Trustee Fee

0.08% per annum of the NAV of the Fund, calculated and accrued on a daily basis, subject to a minimum fee of RM18,000 per annum.

Minimum Initial Investment

Individual = RM5,000 ; Corporate = RM50,000

Min Additional Investment

Individual = RM1,000 ; Corporate = RM10,000

Please refer to our nearest branch for more details about AMB Dana Nabeel Fund

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