Fund objective
The Fund seeks to provide a stable income* stream with medium to long-term capital growth.
* Income distributed to a unit holder will be reinvested into additional units unless the unit holder opts for the distribution to be paid out.
Fund information
Lipper rating
-
MYR 0.5935
NAV as of 2024/11/12
-
MYR 0.0003
Daily $ Change
-
0.05%
Daily % Change
| Fund Type / Fund Category | Income / Equity (Shariah) |
|
Sales Charge: - Direct Investments - EPF-MIS |
Up to 5.00% of the NAV per unit N/A |
| Annual Management Fee | Up to 1.50% of the NAV of the Fund per annum |
| Annual Trustee Fee | Up to 0.065% per annum of the NAV of the Fund, subject to a minimum of RM15,000 per annum |
| Income Distribution Policy | On annual basis, subject to the availability of income |
| Risk Profile | Moderately aggressive |
External Fund Manager
Eastspring Al-Wara' Investments Berhad (Eastspring Al-Wara’) is an Islamic investment management company managing assets for pension funds, institutional investors as well as onshore and offshore mandates.
Eastspring Al-Wara’ is part of the Prudential Group. The ultimate parent company of the Prudential Group is Prudential plc whose shares are listed on the London, New York, Hong Kong and Singapore stock exchanges.
Headquartered in Kuala Lumpur, Eastspring Al-Wara’ is responsible for providing innovative Shariah investment solutions and target the rapidly growing Shariah institutional asset management market alongside Malaysia’s plans to expand its position as a leading international Islamic Finance Centre.
As of June 2024, the company manages more than RM9.6 billion of Shariah compliant assets.
Eastspring Al-Wara’ is also part of the Malaysian International Islamic Financial Centre community, which focuses on supporting the development of the Malaysian Islamic capital market and positioning Malaysia as one of the leading global hubs for Islamic finance.
Fund composition
Asset Allocations (%)
as of 30-Sep-2024
Top Holdings(%)
as of 30-Sep-2024
Returns
| 1M | 6M | 1Y | 3Y | 5Y | YTD | Since Inception | |
|---|---|---|---|---|---|---|---|
| Bid-bid | 1.86% | 7.42% | 17.90% | 13.29% | 33.73% | 16.72% | 40.17% |
| Benchmark | -0.34% | 5.17% | 12.60% | -0.92% | 4.05% | 11.43% | 3.54% |
Returns (%) as of 30-Sep-2024
Historical Distribution
| Declaration date | Gross distribution (RM) |
Type of distribution | Nett distribution (RM) |
Nett distribution yield |
|---|---|---|---|---|
| 2023/09/15 | 0.0235 | Income (100%) | 0.0235 | 4.49% |
| 2022/09/19 | 0.0212 | Income (100%) | 0.0212 | 4.00% |
| 2021/09/20 | 0.0220 | Income (100%) | 0.0220 | 3.73% |
| 2020/09/21 | 0.0270 | Income (100%) | 0.0270 | 4.45% |
Historical Distribution as of 08-Nov-2024
Downloads
Prospectus (1.0MB)
Download section requires Adobe Acrobat plugins. To download your free copy, please click here
To unzip the Supplementary Prospectuses, you will need an unzip application. To down load your free copy:
For PC, please click here
For Android please click here
For iPhone please click here
- The maintenance of this site is the responsibility of the Brand & Communications Department, Eastspring Investments Berhad.
- Any information that falls outside this designated area does not form part of the e-prospectus and that unit trusts are offered solely on the basis of the information contained in the e-prospectus. This unit trust fund is made available only to customers and prospective customers in Malaysia. A printed prospectus, supplemental prospectus and application form are also available at our office and all authorized agents/distributors. Please click here for a list of our offices.
How to invest
Through our unit trust consultants (UTC)
- Get personalised consultation and assisted application for our funds
Via a distributor
- Our funds are available through these institutional distributors
Based on the Fund’s portfolio returns as at 30 September 2024, the Volatility Factor (VF) for this Fund is 8.5 and is classified as “Low” (Source: Lipper). “Low” generally includes funds with VF that are higher than 5.04 but not more than 9.025. The VF means that there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision. The VF for the Fund may be higher or lower than the VC, depending on the market conditions. The Fund’s portfolio may have changed since this date and there is no guarantee that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC.
Investors are advised to read and understand the contents of the Eastspring Investments Islamic Equity Income Fund (”Fund”) Prospectus dated 8 April 2019, the Fund's First Supplementary Prospectus dated 8 April 2019, the Fund's Second Supplementary Prospectus dated 1 August 2019, the Fund's Third Supplementary Prospectus dated 30 September 2022, the Fund's Fourth Supplementary Prospectus 2 February 2024 (collectively, the ”Prospectuses”) and the Fund’s Product Highlights Sheet (“PHS”) before investing. The Prospectuses and PHS are available at offices of Eastspring Investments Berhad or its authorised distributors and investors have the right to request for a copy of the Prospectuses and PHS.
This advertisement has not been reviewed by the Securities Commission Malaysia ("SC"). The Prospectuses have been registered with the SC who takes no responsibility for its contents. The registration of Prospectuses with the SC does not amount to nor indicate that the SC has recommended or endorsed the product. Units will only be issued upon receipt of the application form accompanying the Prospectuses. Past performance of the Fund is not an indication of the Fund's future performance. Unit prices and distributions payable, if any, may go down as well as up. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net Asset Value (“NAV”) per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Where a unit split is declared, investors are advised that the value of their investment in Malaysian Ringgit will remain unchanged after the issue of the additional units.
Investments in the Fund are exposed to equity risk and Shariah status reclassification risk. Investors are advised to consider these risks and other general risks as elaborated in the Prospectuses, as well as the fees, charges and expenses involved before investing. Investors may also wish to seek advice from a professional adviser before making a commitment to invest in units of any of our funds.
Eastspring Investments ("Eastspring") is an ultimately wholly owned subsidiary of Prudential plc. Prudential plc, is incorporated and registered in England and Wales. Registered office: 1 Angel Court, London EC2R 7AG. Registered number 1397169. Prudential plc is a holding company, some of whose subsidiaries are authorized and regulated, as applicable, by the Hong Kong Insurance Authority and other regulatory authorities. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company Limited, a subsidiary of M&G plc. A company incorporated in the United Kingdom.
A Note on Cross Trade Policy
Cross trade is defined as a buy and sell transaction of the same security between two or more clients’ accounts managed by a fund management company. Eastspring Investments Berhad (“Manager”) may conduct cross trades provided the following conditions imposed by the regulators are met:
- the cross trade is in the best interests of both clients;
- the reason for cross trades are documented prior to execution of the trades;
- the cross trade is executed through a dealer or a financial institution on an arm’s length and fair value basis; and
- the cross trade transaction is disclosed to both clients.
All cross trades will be executed in accordance with the Manager's policy which is in line with the regulatory requirements. Post transactions, all cross trades will be reviewed by the Manager’s compliance officer and the investment committee.
Cross trades between (i) the personal account of an employee of the Manager and any clients’ account; (ii) the Manager's proprietary accounts and any clients' account, are strictly prohibited.
