CIMB Islamic Asia Pacific Equity Fund

CIMB Islamic Asia Pacific Equity Fund Back to List

The Fund aims to achieve long term capital appreciation and income while complying with Shariah investment criteria, through investments in the emerging and developed markets of Asia Pacific ex Japan region.

Fund is suitable for investors who:

have a long term investment horizon;
want a portfolio of investments that adhere to the Shariah principles;
want a well diversified portfolio of Asia Pacific region equities; and/or
are seeking capital appreciation over long term

Fund Initials	IAPEF
Fund Code	045

Distribution Policy	Regular distributions are not the focus of this Fund. Distributions, if any, are at the discretion of the Manager.
Investment Time Horizon	Recommended 5 years or more.
Initial Investment	Minimum RM500
Additional Investment	RM200 or more at any time.
Cooling off period	You have six (6) Business Days after your initial investment (i.e. the date the application is received by CIMB-Principal Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with CIMB-Principal Asset Management or any Approved Distributor for the first time. However, corporations/institutions, CIMB-Principal Asset Management’s staff and person(s) registered to deal in unit trust of CIMB-Principal Asset Management or any Approved Distributor are not entitled to the cooling-off right. However, investors who invest via the EPF Members Investment Scheme (where available) are subject to EPF’s terms and conditions.
Redemption/Withdrawal	RM200 or 400 units
Launch Date	2 June 2006
Approved Fund Size (units)	400 million units

As at 30 Sep 2018

Fund	YTD (%)	1 Year (%)	3 Years (%)	5 Years (%)	Since Inception (%)	NAV	Fund Size (million)
CIMB Islamic Asia Pacific Equity Fund	-5.20	-3.95	17.76	52.63	83.43	RM 0.8043	RM 1,530.96
MSCI AC Asia ex Japan Islamic Index	-5.69	-3.69	32.85	59.89	77.19

Most Recent Fund Distribution ()

2018
May

2.01

2017
March

4.50

Application Fees	Up to 5.0% on each investment.
Annual Fees	Management Fee: Up to 1.80% per annum of the NAV Trustee Fee: 0.07%* per annum of the NAV * Subject to a minimum fee of RM35,000 per annum.
Switching Fees	Since switching is treated as a withdrawal from one (1) fund and an investment into another fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. Switching Fee will not be charged if the fund to be switched into has a lower Application Fee. In addition, the Manager imposes a RM100 administrative fee for every switch made out of a Fund. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.