Tuesday, 19 March 2019,
12 Rejab 1440H
Wealth Accumulation
BSN Dana Al-Jadid
| Fund name | BSN Dana Al-Jadid |
| Fund type / Category: | Islamic Malaysian Equity / Growth & Income |
| Min initial investment: | RM500 |
| Investment Objective | The Fund aims to achieve capital appreciation and income distribution by investing in equity and equity-related securities that comply with Shariah requirements. *Note: The primary focus is to offer capital growth. |
| Approved Fund Size | 800 million units |
| Financial Year End | 31 December |
| Fund Manager | Permodalan BSN Berhad |
| The Trustee | Amanah Raya Trustee Berhad |
| Asset Allocation | A minimum of 70% of the NAV of the Fund in Shariah-compliant equities and equity-related securities - 0%-30% of the NAV of the Fund in sukuk and islamic money market instruments. |
| Distribution Policy | Subject to the availability of income, the Manager will distribute income once a year |
| Benchmark |
a) FTSE Bursa Malaysia EMAS Shariah Index (FBMSHA), based on percentage change of FBMSHA for the period under review. b) If temporary defensive position is applied - 50% FBMSHA + 50% 12-month Maybank GIA Tier II rate. 50% of the benchmark performance is calculated based on the percentage change of the FBMSHA while the other half is based on the yield of 12-month Maybank GIA Tier II rate for the period under review. |
| Sales Charge per Unit | 3.00% of the NAV per Unit |
| Transfer Fee | A fee of Rm10.00 per transfer is imposed on Unit Holders for any requests to transfer Units |
| Redemption Charge | The Manager does not intend to impose any redemption charge |
| Management Fee | 1.50% 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 subject to a minimum of RM18,000 per annum calculated and accrued on a daily basis (excluding foreign custodian fees and charges, if any) |
| Minimum Initial Investment | RM500 |
| Min.Subsequent Investment | RM100 |
