CIMB Islamic Deposit Fund 2 (Class A) Back to List
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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;
  • have an investment horizon of one (1) year or less;
  • seek preservation of capital* and flexibility in investment; and/or
  • desire a stream of income**.

Note:
*The Fund is neither a capital guaranteed fund nor a capital protected fund.

 

 

 


Fund Initials IDF2A
Fund Code 174
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 or such other amount as the Manager may from time to time decide for Class A.
Minimum RM 500,000 or such other amount as the Manager may from time to time decide for Class B.
Minimum RM 50 million or such other amount as the Manager may from time to time decide for Class C.
 Additional Investment RM1,000 or such amount as the Manager or the Approved Distributor may from time to time decide for Class A.
RM 25,000 or such amount as the Manager or the Approved Distributor may from time to time decide for Class B.
RM100,000 or such amount as the Manager or the Approved Distributor may from time to time decide for Class C.
Cooling off period

You have six (6) Business Days from the date the application form is received and accepted by us or our Distributors from the first time investor.

However, CIMB-Principal's staff and person(s) registered to deal in unit trust of CIMB-Principal or any Distributors are not entitled to the cooling-off right.

Redemption/Withdrawal NIL 
Launch Date 7 November 2017

Coming Soon
Application Fees Nil
Annual Fees Class A
Management Fee: 0.35% of the NAV of the fund

Class B
Management Fee: 0.25% of the NAV of the fund

Class C
Management Fee: 0.15% of the NAV of the fund

Trustee Fee: 0.01%* per annum of the NAV
Switching Fees

Switching is treated as a withdrawal from a Class and an investment into another Class or CIMB-Principal Fund (or its class). As such, you will be charged a Switching Fee equal to the difference (if any) between the Application Fee of the Class and the Application Fee of other Class or CIMB-Principal Fund (or its class). Switching Fee will not be charged if the Class or CIMB-Principal Fund (or its class) to be switched into has a lower Application Fee.

In addition, the Manager imposes a RM100 administrative fee for each switch. You may negotiate to lower the Switching Fee and/or administrative fees with us or our Distributors. We also have the discretion to waive the Switching Fee and/or administrative fees.

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