AMB DANA YAKIN (AMBDY)
Type of Fund Growth Fund
Category of Fund EquityFund
Trustee AmanahRaya Trustee Berhad (766894-T)
Investment Manager UOB-OSK Asset Management Sdn. Bhd. (219478-X)
Investment Philosophy

AMBDY is an equity fund that offers investors an opportunity to invest in a diversified portfolio of assets managed under investment policies that adhere with the Shariah Principles.

By investing in a diversified portfolio of Shariah compliant shares in Malaysia, AMBDY provides investors with a better spread of investments than could be achieved by investors with a small amount of money to invest.

 
Investment Objective The objective of the Fund is to achieve a steady capital growth over the medium to long-term period (two years to five years) through investments permissible under the Shariah Principles.

Any material change to the investment objective of the Fund would require Unit Holders’ approval.
 
Approved Fund Size of AMBDY The approved Fund size for AMBDY is 1.2 billion Units.
Investor Profile AMBDY is suited to investors who are looking for investments in a diversified portfolio of assets that conforms to the Shariah Principles and who have an investment horizon of two (2) years or more.
 
Benefits for Investors AMBDY has been specially designed with adherence to the Shariah Principles. Through diversification process, the risk associated with the investments is spread over the portfolio of stocks and this will bring returns at lower risk to investors compared to investing directly in the stock market. Investors can also benefit from the expertise and resources of the professional External Investment Manager managing the Fund at an affordable cost.
 
Specific Benefits of Investing in AMBDY Free Insurance Protection Coverage
Eligible Unit Holders (natural persons) of AMBDY will be given free Group Personal Accident (GPA) insurance coverage. Unit Holders holding a minimum of 2,000 Units will automatically be covered under the GPA insurance coverage. The sum covered would be RM 1,000.00 for every 2,000 Units held subject to a minimum investment of 2,000 Units and maximum coverage of RM200,000 per Unit Holder.
 

The GPA insurance coverage covers:

  1. Death due to accidental causes only;
  2. Total Permanent Disability (TPD) due to accidental causes; and
  3. Funeral expenses as follows:

Units                                    Funeral Expenses
2,000 to 49,999                           RM 1,000
50,000 and above                       RM 2,000

While the policy is in force, the amount of coverage shall be based on the amount of Units purchased as at the date of death or disability.

Eligible Unit Holders must be aged between 18 and 69 years old. The GPA coverage ceases automatically when you attain the age of 70 years old. Eligible principal Unit Holder and joint holders will be covered under the GPA insurance coverage but, in the case of joint holdings, the sum covered will be shared equally.

Strict adherence to the Shariah Principles
AMBDY has been specially designed with adherence to the Shariah Principles. A panel of Shariah Committee Members of the Fund comprises of Islamic scholar's monitors the activities of the Fund.

Investment Through Diversification
AMBDY manages and aims to minimise your risks by investing in a diversified range of halal securities.

Regular Savings Plan
You have the opportunity to invest through standing instruction. This plan makes regular savings easy and allows you to arrange transfers from your bank account to AMBDY.

Affordability
Investors can invest just RM500 as a minimum initial investment and subsequent investments can be made at a minimum of RM100.

Accessibility
Investors can easily access any Distribution Branches to perform any enquiry or transaction.

EPF Members Investment Scheme
The Manager is a unit trust management company under the EPF Members Investment Scheme. You may withdraw a portion of your EPF savings to invest in AMBDY, which may provide you the opportunity to reap capital growth, thus increasing the value of your EPF Account 1 Retirement Savings, subject to rules and regulations of the EPF Members Investment Scheme from time to time.
Asset Allocation
  • Min 40%, Max 90% in equities
  • Min 10% in liquid assets

The equity allocation may be reduced to below the minimum levels indicated at the discretion of the Manager only during exceptional circumstances. Exceptional circumstances would include situations:

    • Where there is a sharp downturn in the equity market
    • When there is insufficient liquidity in equity for the Fund to transact efficiently and/or
    • When there is redemption affecting the liquidity position of the Fund
 
Performance Benchmark The performance of AMBDY is benchmarked against 90% of the FTSE Bursa Malaysia EMAS Shariah Index and 10% of the 1-month General Investment Account-rates of commercial banks, which are obtainable from the Bursa Malaysia website and the Bank Negara website respectively.
 

 

Investors are advised to read and understand the contents of the Master Prospectus dated 17 September 2011 and expires on 16 September 2012 before investing. This prospectus has been registered and lodged with the Securities Commission. Among others, investor should consider the fees and charges involved. The price of units and distributors payable, if any, may go down as well as up. Past performance of the fund should not be taken as indicative of its future performance. Units will only be issued on receipt of an application form referred to in and accompanying the Prospectus, which can be obtained at Amanah Mutual Berhad, Amanah Saham Nasional Berhad, any Maybank and Bank Rakyat distribution branches.