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CIMB Islamic Deposit Fund
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The Fund aims to provide investors with liquidity and regular income, whilst maintaining capital stability by investing primarily in deposits that comply with the Shariah principles.

Fund is suitable for investors who:
  • seek liquid and low risk investment with a short-term investment horizon;
  • want a Shariah-compliant investment;
  • seek for a security and flexibility in investment; and/or
  • want to set money aside while waiting to make another investment.

Fund Initials IDF
Fund Code 091
Distribution Policy Monthly, depending on the level of income (if any the Fund generates).
Investment Time Horizon Recommended up to one (1) year.
Initial Investment Minimum RM10,000
Additional Investment RM1,000 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) 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 or any Approved Distributor for the first time.

However, corporations/institutions, CIMB-Principal’s staff and person(s) registered to deal in unit trust of CIMB-Principal or any Approved Distributor are not entitled to the cooling-off right.
Redemption/Withdrawal Minimum RM1,000
Launch Date 9 September 2009
Approved Fund Size (units) 600 million units

As at 31 Jul 2017
Fund YTD

(%)
1
Year
(%)
3
Years
(%)
5
Years
(%)
Since Inception (%) NAV


Fund
Size
(million)
CIMB Islamic Deposit Fund  1.82 3.07 9.54 15.45 22.60 RM 1.0000 RM 1,632.90
Islamic Interbank Overnight Rate  1.76 3.02 9.72 16.40 25.40




Most Recent Fund Distribution (annualized return %)

Monthly
2017
July
3.24
2017
July
3.24
2017
June
3.12
2017
June
3.12
2017
May
3.24
2017
May
3.24


Application Fees Nil
Annual Fees Management Fee: Up to 0.45% per annum of the NAV
Trustee Fee: 0.08%* per annum of the NAV
* Subject to a minimum fee of RM18,000 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.

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