tag:blogger.com,1999:blog-37410251426104564532012-03-10T08:16:46.148+08:00Investing in Islamic unit trusts/mutual funds in Malaysia. Syariah-compliant, safe and proven to be highly profitableEditornoreply@blogger.comBlogger821100tag:blogger.com,1999:blog-3741025142610456453.post-59771143459452344272012-02-22T07:24:00.001+08:002012-02-22T07:33:28.342+08:00

The highly regarded The Edge-Lipper Malaysia Fund Awards 2012 was held at the Kuala Lumpur Convention Centre on 20 February 2012. This award is given out to honour the unit trusts and asset managers that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.  CIMB-Principal Asset Management came out the biggest winner again. THE EDGE - CIMB-Principal 

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-48715234493449633652012-01-06T07:33:00.000+08:002012-01-06T07:33:01.311+08:00

Any fund management company which intends to offer its products and services with Shari'ah compliance to the financial markets, is recommended with the following '10' Secrets of success:1. Establishment of a Shari’ah Council (comprising of at least 3 members with Shari’ah knowledge) to analyze and duly endorse on at least a quarterly basis all enforceable policies, guidelines, products and

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-513869614591836442011-12-29T20:09:00.001+08:002011-12-29T20:10:30.503+08:00

SC Press Release, 28 Dec 2011 The Securities Commission Malaysia (SC) warns the public about bogus letters with the SC's logo being used in an illegal investment scheme.  It has come to the SC's attention that an unlicensed individual has been using bogus letters with the SC's logo in relation to an illegal investment scheme. The letters, which are addressed to the individual, contains the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-58504709438964870202011-08-31T13:03:00.003+08:002012-02-08T21:46:25.493+08:00

Islamic Unit Trust Funds managed by CWA (CIMB Wealth Advisors) are proven to provide excellent returns over the years. The following is the actual performance of CWA Syariah Funds (equity funds) - YTD ended Sep '09: [Fund Name] (fund code) - (% p.a) CIMB Islamic Asia Pacific Equity (fund code: 45) - 55.40% p.aCIMB Islamic Equity Aggressive (fund code: 44) - 50.51% p.aCIMB Islamic Equity (fund

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-29613502799213586892011-08-31T13:03:00.002+08:002011-08-31T13:07:11.782+08:00

The unit trust industry is expected to continue its growth momentum into the second half of this year, albeit at a slower rate, due to global economic uncertainties arising from the unfavourable US economic outlook and sovereign debt crisis in Europe.Fund managers, nevertheless, said they expected a strong single-digit growth supported by demand in less riskier funds like fixed income,

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-51668368550808088112011-04-16T13:26:00.003+08:002011-06-11T07:27:22.575+08:00

6-7 July 2011 KL Conference on Islamic Wealth Management The Royale Chulan Hotel, Kuala Lumpur Please visit the event site: http://islamic -wealth-management.net View event schedule, download brochure and register here: -------------------------Alfalah Consulting:  http://alfalahconsulting.comCEO / Consultant:  http://ahmad-sanusi-husain.comIslamic Investment: http://

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-66923555815904116392011-04-16T11:11:00.001+08:002011-04-16T11:50:41.258+08:00

Another sign that Asia is leading the revolution in the development of an Islamic Capital Market (ICM) is the latest encouraging data to emerge from Malaysia’s Securities Commission (SC), the countries securities regulator. The 2010 SC Annual Report, which was released in March 2011, confirms that the size of the ICM in Malaysia exceeded RM1.07 trillion at the end of 2010, thus breaking the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-19447108315966833812011-04-15T08:54:00.001+08:002011-04-15T09:00:46.859+08:00

Modern Islamic banking is just 35 years old, increasing from US$10 million in 1975 to now over US$250 billion under management with dedicated Islamic banks, together with another US$200 billion with units of conventional financial institutions. This rapid expansion in just three decades has not only attracted the interest of conventional bankers and borrowers, but also increasingly of investment

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-53203740616361589262010-11-12T22:51:00.001+08:002010-11-12T22:58:43.323+08:00

Every year, Failaka Advisors solicits nominations for its annual FAILAKA ISLAMIC FUND AWARDS, recognizing the funds with the best performance or the most noteworthy achievements of the past year.Winners were announced on April 12, 2010 at the Emirates Towers Hotel in Dubai.Best Malaysia (1-Year)2009 Winner: CIMB-Principal Asset Management Berhad CIMB Islamic Equity Aggressive Fund

Editornoreply@blogger.com1tag:blogger.com,1999:blog-3741025142610456453.post-21483713355298665212010-11-12T22:47:00.001+08:002010-11-12T22:59:55.434+08:00

Every year, Failaka Advisors solicits nominations for its annual FAILAKA ISLAMIC FUND AWARDS, recognizing the funds with the best performance or the most noteworthy achievements of the past year. Winners were announced on April 12, 2010 at the Emirates Towers Hotel in Dubai. Best Asian Equity (1-Year)2009 Winner: CIMB-Principal Asset Management Berhad CIMB Islamic Asia Pacific Equity Fund

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-78089205379567766302010-11-12T22:42:00.002+08:002010-11-12T23:03:42.231+08:00

Every year, Failaka Advisors solicits nominations for its annual FAILAKA ISLAMIC FUND AWARDS, recognizing the funds with the best performance or the most noteworthy achievements of the past year. Winners were announced on April 12, 2010 at the Emirates Towers Hotel in Dubai.  Best Malaysia (5-Year)2009 Winner: CIMB-Principal Asset Management Berhad CIMB Islamic Equity Fund

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-31469456884469696372010-11-10T08:11:00.003+08:002011-04-16T11:44:43.089+08:00

Shariah-compliant mutual funds are probably not the best performers in a bullish market of current times, where the rally is primarily driven by banking stocks. But in a slightly bearish market these funds give decent returns.In India, this type of funds is yet to become popular among the masses. As a result, currently, the number of this kind of mutual funds is just a handful.But we may see

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-82857501510574257402010-10-17T11:00:00.002+08:002012-03-10T08:12:43.934+08:00

Invest in Halal and Profitable Unit Trust Funds - Syariah-compliant with proven track records. Islamic Unit Trust Funds managed by CWA (CIMB Wealth Advisors) are proven to provide excellent returns over the years. The following is the actual performance of CWA Syariah Funds (equity funds) - YTD ended Sep '09: [Fund Name] (fund code) - (% p.a) CIMB Islamic Asia Pacific Equity (fund code: 45) - 

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-9823570517483723212010-10-10T08:46:00.001+08:002010-10-10T08:49:53.312+08:00

(Reuters) - The asset management side of Islamic finance, which has been at a virtual standstill in the $1 trillion industry, is set to break out of its rut as demand rises for investment products catering to Muslim laws. Consultants Ernst & Young estimate that between $360 billion and $480 billion of individual and institutional savings are available to the Islamic fund industry, making its

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-84307145307628490412010-09-10T16:00:00.002+08:002010-09-10T16:03:10.504+08:00

Bonds, home mortgages, and other financial assets that comply with Islamic law, which prohibits the charging or paying of interest, have gained in popularity throughout the Muslim world. A lot of high-paying jobs and national prestige are up for grabs for the country that can position itself as the hub of global Islamic finance. Persian Gulf states such as Saudi Arabia, the United Arab Emirates,

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-53921834453093638562010-09-09T16:06:00.006+08:002010-11-10T10:12:41.846+08:00

THE recent global financial crisis kick-started a new consciousness in the way people look at financial matters. It is in this new climate that companies like CIMB Wealth Advisors (CWA) find themselves more in demand as people begin to think differently about their wealth and how to increase it.CWA is a subsidiary of CIMB Group. It started 20 years ago as BHLB Pacific Trust

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-51503553995047385312010-09-05T17:44:00.002+08:002010-11-13T15:20:00.401+08:00

A unit trust fund is a collective investment scheme, which pools the savings of investors with similar investment objectives in a special "trust" fund managed by professional fund managers. The pooled monies in the unit trust fund will then be invested in a diversified portfolio of securities and other assets in accordance with the unit trust fund's investment objectives and as permitted under

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-40807887146904252162010-09-05T01:21:00.006+08:002010-09-05T01:34:48.477+08:00

Kuala Lumpur, 8 July 2010:  The Securities Commission Malaysia (SC) today announced the new line-up of its Shahriah Advisory Council, the central authority responsible for determining the Shariah principles pertaining to the Islamic capital market in Malaysia.The appointment of the 11 SAC members was made by the Seri Paduka Baginda Yang di-Pertuan Agong following amendments to the Capital

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-36549758358921974702010-04-28T17:40:00.007+08:002011-12-08T22:44:07.340+08:00

First launched in the UK in 1931 by M&G, unit trusts are a form of investment by companies or individual who pool their money to make large-scale investments in selected portfolio of securities. Within Malaysia, unit trust started with the formation of Malayan Unit Trust Ltd. in 1959. Government agencies started formulating regulations during the early years but it was in the 80s that the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-88658401702380697342010-04-24T16:54:00.004+08:002010-09-05T10:00:08.427+08:00

Failaka Islamic Fund Awards recognise Saudi Arabian and Malaysian funds for outstanding performance in 2009. In one of the most difficult years for fund managers, in terms of raising new monies, Saudi Arabian finance houses dominated the fifth annual Failaka Islamic Fund Awards recognising the best performers in 2009 among the 555 worldwide Shariah-compliant funds. The 30 awards were made last

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-5305866130515444012009-01-23T23:49:00.009+08:002010-11-13T15:17:37.862+08:00

KUALA LUMPUR: The past 12 months has seen the erosion of wealth in virtually every type of non-fixed income investment, and unit trust funds have not been spared. Despite offering a modicum of security compared to traditional equities owing to its large pool of investors and its diverse portfolio of investments, trust funds have nonetheless declined alongside market indices, albeit at a slower

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-37937045223816378062009-01-02T23:23:00.002+08:002010-04-28T17:48:45.946+08:00

BANGALORE: The Securities and Exchange Board of India has given the long-awaited nod to Taurus Mutual Fund and its joint venture partner Parsoli Corporation to set up India’s first Shariah-compliant mutual fund.“We got Sebi’s approval for the fund in November,” Zafar Sareshwala, CEO and MD, Parsoli, told DNA Money.However, the open-ended fund’s launch is subject to the current economic and

Editornoreply@blogger.com1tag:blogger.com,1999:blog-3741025142610456453.post-57291126628536897702009-01-01T22:40:00.004+08:002010-09-05T17:38:34.060+08:00

NEW YORK - Investing often requires a leap of faith, no more so than when the bottom has fallen out of the market and the collapse of a multibillion Ponzi scheme is being felt from coast to coast. For some, that leap is made easier when the investments they're buying reflect their religious beliefs. Dr. Khalique Zahir found Azzad Asset Management in Falls Church, Va., while looking for an

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-63801228179399366612008-12-28T07:47:00.003+08:002010-04-28T18:08:49.747+08:00

In a dire year for mutual funds, the Amana Trust Income Fund, the main Muslim investment fund, has trumped those from all other faiths in the US by losing only 25.8 per cent of its value for the year – half the average 44 per cent loss for US stock funds. The two Amana funds, which invest according to Islamic principles, are seeing such strong inflows that they are having difficulty finding

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-43214150563795784052008-12-25T19:09:00.001+08:002008-12-25T19:11:43.748+08:00

Sam Saladino's mutual fund wasn't even a year old when the stock market began slipping. But even through the punishing run in stocks this year, he's managed to attract investor dollars and beat his benchmark. His Epiphany Fund, which invests according to Catholic principles, is among those that use religion as a guidepost and that could grow more popular as investors look to distance themselves

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-78595587734801099982008-11-25T07:32:00.009+08:002010-04-28T18:07:36.996+08:00

PRESS RELEASE: Building on the success of 2008 inaugural conference, Global Islamic Wealth Management Conference 2009 to be held on 12-13 January 2009 at Grand Millennium Hotel, Kuala Lumpur, Malaysia will convene more than 100 senior executive delegates representing the financial institutions, private corporations, government departments, legal firms, universities and other institutions. The 2

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-85522162012593032512008-11-25T07:25:00.005+08:002010-09-05T17:40:43.866+08:00

Many global banks are struggling to stay afloat even as Central banks are trying to resuscitate them with the much needed oxygen. In this scenario, the Islamic banks that manage $ 1 trillion worldwide as well as the shariah funds are seemingly in much better shape.There has been a huge rise in investments in shariah mutual funds and other investments. But the fate of Islamic banks is very much

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-78517473162589260032008-10-13T23:39:00.005+08:002010-04-28T18:22:48.813+08:00

BNM raids 4 firms over illegal deposit taking, money launderingKUALA LUMPUR: Bank Negara raided four companies in Kuala Lumpur, Selangor and Negeri Sembilan on Monday on suspicion of illegal deposit taking and money laundering activities.The central bank said in a statement on Monday that it raided Buluhmas Enterprise Sdn Bhd, Jazmeen (M) Sdn Bhd, Noradz Travel & Services Sdn Bhd and Eastana Farm

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-42878475917846487752008-10-05T10:51:00.004+08:002010-04-28T17:48:25.534+08:00

KUALA LUMPUR: Unit trust fund holders can still get their money back in the event of a bank failure because their money is held separately by a trustee. The amount would depend on the performance of their fund in the market -- be it a profit or loss. "It's not a problem at all," said Federation of Malaysian Unit Trust Managers council member Cheah Chuan Lok. "They can get back the money even

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-60544637254537165772008-09-13T16:00:00.005+08:002010-09-05T09:58:18.732+08:00

Islamic unit trust funds have become increasingly prominent of late as they are being sought by all investors, not only Muslims. The main objective of such funds is to invest in a portfolio of halal stocks that comply with the principles of the Shariah.The returns of the Islamic unit trust will also avoid the incidence of riba or usury interest through the process of cleansing or

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-65908549283366394062008-08-11T23:47:00.004+08:002008-10-05T12:04:05.975+08:00

KUALA LUMPUR: Public Mutual will launch two new Islamic funds, Public Islamic Select Enterprises Fund (PISEF) and Public Islamic Income Fund (PI Income), on Thursday. The mutual fund said on Monday PISEF was targeting investors seeking long-term growth potential of Syariah-compliant bellweather companies in the domestic market. It said PI Income was for investors seeking a steady stream of

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-60827742970924307792008-08-11T00:25:00.005+08:002010-09-05T17:36:31.862+08:00

Unit trust investing is a convenient and sensible way to build one's wealth in the medium and long term. Investment specialists will manage the investments and spread the risks through careful diversification. There are eight principles which are helpful to you in making a wise decision in unit trust investing. PRINCIPLE 1: KNOW THE BASICS

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-50648387427867574532008-08-11T00:03:00.004+08:002010-04-28T17:54:07.860+08:00

Institute of Islamic Banking and Insurance; London - By S.U. Hasan In Western financial markets, the origin of Unit Trusts can be traced back to fifty years ago, though their use as financial products has taken a great leap forward during the last 10-15 years, as there has been a greater awareness of the benefits of having a diversified portfolio under full-time professional management

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-37744934150856519602008-07-20T10:28:00.006+08:002010-04-28T18:17:39.184+08:00

Source: Newsweek, 19 July '08/by Lisa Miller The funny thing about faith-based mutual funds is, well, that there's anything called a faith-based mutual fund. For one thing, Scripture is full of exhortations against accumulating wealth. The New Testament, especially, repeatedly reminds followers of Christ that earthly wealth means nothing in heaven. "It is easier for a camel to go through the eye

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-9295696996333210382008-07-15T07:06:00.002+08:002008-07-15T07:14:09.657+08:00

Islamic financial planning and asset management are important components of Islamic financial and economic system.In the current recessionary economic situation due largely to the sharp increase in energy price, proper Islamic financial planning and asset management are becoming necessary to individuals and corporations.Certified Islamic financial planners are being produced to meet this

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-67328380510459875482008-07-15T07:00:00.005+08:002010-04-28T18:25:38.247+08:00

KUALA LUMPUR: Public Bank Bhd’s unit Public Mutual won four of the six awards at the Morningstar Asia (Malaysia) 2007 Fund Awards.According to a statement Tuesday, under the equity category, its Public Ittikal Fund won the Islamic Syariah award and the Public Growth Fund won the Malaysia Equity award.Under the fixed income category, the Public Bond Fund won the Malaysia Ringgit Bond award

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-52895792733947994282008-05-21T20:59:00.002+08:002008-10-05T13:43:24.777+08:00

Cerulli Associates expects mutual fund assets in Southeast Asia to grow 17% annually over the next five years, a brisk pace compared to the more developed mutual fund markets but slower than their 31.4% growth in the 2002-2007 period. Mutual fund assets in Southeast Asia ex-Singapore grew by 36.9% in 2007 to

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-1589751068733558962008-05-11T16:16:00.000+08:002008-05-11T16:17:59.253+08:00

Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for three of its funds. The gross distributions declared are for financial year / period ended 30 April 2008: Public Islamic Dividend Fund - Gross distribution of 2.00 sen per unit Public Far-East Balanced Fund - Gross distribution of 1.75 sen per unit Public Islamic Asia Dividend Fund - Gross distribution of 0.40

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-64629100425502895362008-05-11T15:35:00.001+08:002008-10-05T11:11:20.674+08:00

KUALA LUMPUR: The Securities Commission (SC) yesterday announced new guidelines and best practices aimed at helping the country's Islamic venture capital industry meet the international benchmark. Managing director Datuk Nik Ramlah Nik Mahmood expects the new guidelines to enhance local and foreign fund interest in investing in syariah-compliant businesses.“I am sure the local Islamic venture

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-20789209324282004572008-04-20T12:05:00.002+08:002010-04-28T18:03:13.242+08:00

The Star, 19 Apr 08 KUALA LUMPUR: The Malaysian capital market registered a healthy growth in the first quarter of 2008, according to the Securities Commission (SC). The growth was supported by the increased number and value of private debt securities (PDS) and initial public offerings proposals (IPOs) approved between January and March. In a statement, the SC said it had approved 28 PDS

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-10324679458193943232008-04-18T11:45:00.001+08:002008-04-18T11:48:19.141+08:00

Malaysia has an equities market that is 86% sharia-compliant, it is the world’s largest issuer of Islamic bonds, and it has 134 Islamic unit trust funds. Part one of a four-part interview with Nik Ramlah Mahmood of Malaysia’s Securities Commission.Nik Ramlah Mahmood is managing director at Malaysia’s Securities Commission, which has been actively working to transform the market into a global hub

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-23621152535391452802008-04-17T17:33:00.005+08:002008-10-05T11:07:09.558+08:00

PublicMutualCapital growth and income funds aim to achieve capital growth and provide income by investing in a diversified portfolio of growth and dividend stocks. Public Islamic Optimal Growth Fund (PIOGF) is a fund that invests 50% of its equity investment in Shariah-compliant growth stocks in the domestic market while the remaining 50% of its equity investment is invested in Shariah-compliant

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-21933809687174898332008-04-17T03:11:00.001+08:002010-04-28T18:02:20.070+08:00

Public Bank’s wholly-owned subsidiary, Public Mutual will launch a domestic Islamic fund, Public Islamic Optimal Growth Fund (PIOGF) on 8 April 2008 (Tuesday). Investors who wish to achieve an optimal combination of capital appreciation and income growth over the long-term can invest in the PIOGF. PIOGF is open for EPF Members Investment Scheme. Public Mutual’s Chairman Tan Sri Dato’ Sri Dr.

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-33686533209629716862008-04-17T02:58:00.009+08:002010-11-13T15:22:37.660+08:00

Member's Investment Withdrawal Eligibility Effective 1 November 2007, EPF under its ”Beyond Savings” strategic initiative has introduced various enhancements to member’s benefit structure in stages. These enhancements are in accordance to the EPF Act 1991 (Amendment 2007) . One of the enhancements is the introduction of the basic

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-484582257368390332008-04-17T02:22:00.006+08:002010-04-28T17:54:38.622+08:00

Yusuf Talal DeLorenzo Islamic mutual funds presently represent one of the fastest growing sectors within the Islamic financial industry. As Shari`ah supervision is an integral part of the industry, its place in relation to Islamic mutual funds is certainly no less important. My intention in this paper is to discuss in a general way the variety of functions performed by Shari`ah supervision and

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-42307601614613190142008-04-16T07:45:00.003+08:002010-04-28T17:55:40.641+08:00

(mondovisione, 15 Apr 08) Bursa Malaysia was recognised as the Exchange of the Year (Asia Pacific) 2008 against five other top Asia Pacific exchanges at the annual Futures & Options World (FOW) Awards 2008 in London. The win was due to Bursa Malaysia’s concerted efforts to promote, market and make itself attractive to investors outside of Malaysia. The aim of the FOW Awards 2008 is to recognise

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-52874889880700525462008-04-14T00:03:00.004+08:002010-04-28T18:20:08.149+08:00

(Investopedia) Since their creation, mutual funds have been a popular investment vehicle for investors. Their simplicity along with other attributes provide great benefit to investors with limited knowledge, time, or money. To help you decide whether mutual funds are best for you and your situation, we are going to look at some reasons why you might want to consider investing in mutual funds.

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-21404533607052834662008-04-13T20:58:00.003+08:002008-10-05T11:11:45.662+08:00

(by Jim McWhinney, Investopedia)Mutual funds really captured the public's attention in the 1980s and '90s when mutual fund investment hit record highs and investors saw incredible returns. However, the idea of pooling assets for investment purposes has been around for a long time. Here we look at the evolution of this investment vehicle, from its beginnings in the Netherlands in the eighteenth

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-9912989480215568282008-04-12T00:57:00.001+08:002008-10-05T11:08:59.195+08:00

by Datuk Dr. Syed Othman AlhabshiPaper presented at The Funds Management Industry Conference, organised by BF ConferencesSdn Bhd, 14 -15 February, 1995, Crown Princess Hotel, Kuala Lumpur.INTRODUCTIONMalaysia has, in recent times, been considered as the first Islamic nation with the potential of becoming an industrialised and advanced country. This observation is based on her achievements in the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-75866344038597937672008-04-12T00:45:00.004+08:002008-10-05T11:08:05.754+08:00

(US News & WR, 11 Apr 08)Early last year it would have been easy to thumb your nose at a mutual fund that wouldn't touch financial stocks. Shares of firms like Lehman Brothers and Merrill Lynch were trading at about twice their current value. This year, that fund might look a bit better.But most investors in Amana Growth and Amana Income leave their fair-weather sensibilities at the door. The

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-74327275489387300782008-04-05T23:12:00.006+08:002010-04-28T18:24:02.445+08:00

Perspective on the Asian fund management industry Asia has a varied investment management landscape - with the industry well established in Japan, Hong Kong and Singapore managing not only domestic savings but also functioning as the Asian outposts for the global fund management industry. However, the fund management industry is still relatively in its infancy in many of the emerging markets in

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-89534750758745265972008-04-05T23:00:00.006+08:002011-12-08T22:52:15.944+08:00

Bai` Bithaman Ajil (BBA) A contract which refers to the sale and purchase transaction for the financing of assets on a deferred and instalment basis with a pre-agreed payment period. The sale price will include a profit margin. Bai` al-`Inah A contract involving the sale and buy-back transaction of assets by a seller. A seller sells an asset to a buyer on a cash basis and later buys it back on a

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-52097809230131284902008-04-05T22:55:00.002+08:002008-04-05T22:58:55.241+08:00

In an Islamic capital market (ICM) market transactions are carried out in ways that do not conflict with the conscience of Muslims and the religion of Islam. Here, there is assertion of religious law so that the market is free from activities prohibited by Islam such as usury (riba), gambling (maisir) and ambiguity (gharar).The ICM is a component of the overall capital market in Malaysia. It

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-38881993230496601652008-04-05T18:15:00.005+08:002010-04-28T18:24:41.863+08:00

(Gulf News, 5 April 08) There has been a lot of literature recently about the rise of Islamic banking and the many types of investment instruments that conform to Sharia principles. The most popular of these are sukuk, or Islamic bonds. From Asia to Europe, the advantages of Islamic finance have been recognised and embraced. In fact, the UK Government has set out plans to become the first

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-1118176178599581032008-04-05T17:38:00.005+08:002008-10-05T11:12:12.016+08:00

(The Star, 1 April 08)KUALA LUMPUR: The Securities Commission (SC) is expecting an increase in capital market activity this year after a roaring 2007 that saw strong double-digit growth in the equities and bond markets.Despite the global uncertainties that loom over the horizon, the SC has in the first quarter seen a substantial increase in the value of bond issuance to RM38.3bil from RM16.6bil

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-42208426098730047442008-04-04T22:38:00.004+08:002010-04-28T17:58:43.704+08:00

(The Daily Edge, 4 April 08) KUALA LUMPUR: Public Mutual Bhd will launch a domestic Islamic fund, Public Islamic Optimal Growth Fund (PIOGF) on April 8 for investors who want an optimal combination of capital appreciation and income growth over the long term. Its chairman Tan Sri Teh Hong Piow said PIOGF was an Islamic equity fund that sought to provide income and capital growth by investing in

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-3544620391285887742008-04-03T23:23:00.002+08:002008-04-03T23:32:36.206+08:00

(Asharq Alawsad, 31 March 08)By Lahem al Nasser When Islamic investment funds first emerged the objective was to help rid the Muslim society of usury by creating [religiously] permitted investment channels. Another aim was to contribute towards developing Muslim societies through the redistribution of wealth from the class with financial surplus to the class facing financial deficit in a just and

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-82990048827958001612008-04-03T13:09:00.002+08:002008-10-05T11:14:19.068+08:00

(2 April 2008)KUALA LUMPUR: Public Mutual Bhd has declared distributions of 15 sen per unit for Public Aggressive Growth Fund (PAGF) and 10 sen per unit for Public Regular Savings Fund (PRSF) for the financial year ended March 31, 2008.In a statement yesterday, Public Mutual’s chairman Tan Sri Teh Hong Piow said PAGF and PRSF had generated a five-year return of 150.8% and 119.2%, respectively,

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-16805492746007328762008-03-31T11:00:00.001+08:002008-10-05T11:12:49.644+08:00

WHAT IS A UNIT TRUST ?A unit trust is a financial vehicle through which individuals may invest their money. The idea behind unit trust is better investment through collective investing. That is to say pooling the investments of many investors, individuals and institutions.Investing in a unit trust offers investors numerous advantages, including :a. Professional management at a low costb. Safety

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Professional Investment ManagementA unit trust combines the capital of many investors to employ experienced management in purchasing securities of many companies. The management of a unit trust provides diversification of investments and supervision which few investors could individually afford. Investment management is a full time job requiring specialised knowledge and training. It involves the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-16874965527025016972008-03-31T10:52:00.000+08:002008-03-31T11:05:50.061+08:00

The Role of RegulatorThe Securities Commission Act 1993 provides that the Securities Commission (SC) is responsible for regulating all matters relating to unit trust schemes. The SC has drawn up a set of Guidelines on Unit Trust Funds (Guidelines) to ensure a fair and consistent application of policies in considering proposals by management companies of unit trust funds. The Guidelines are

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-55513063562088495112008-03-31T10:50:00.001+08:002008-10-05T11:15:32.695+08:00

How Unit Trust Is Priced?In order to accelerate growth and enhance investor protection in the unit trust industry, on 1 July 2007, the Securities Commission introduced a Single Pricing Regime (SPR) whereby there will only be one price - the Net Asset Value (NAV) per unit - quoted for selling and redeeming unit trusts.The Single Pricing Regime was introduced to ensure full transparency and

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-55326166445167580332008-03-31T10:49:00.001+08:002008-11-25T07:50:38.577+08:00

Most unit trust managers offer you a choice of ways to invest.As A Lump SumThe minimum lump sum investment in a unit trust is typically in the range of RM500 to RM2,000. There is no limit on how much you can save and invest in a unit trust, though if you are making a very large investment, it is usually advisable to spread your holdings among different funds so that you do not have all your eggs

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-50311640787356849702008-03-31T10:48:00.003+08:002008-10-05T11:14:39.612+08:00

With the proliferation of various types of investment products in recent years, people often look for a straight forward, professionally managed investment opportunity that caters for basic investment needs. Public Mutual Berhad has succeeded in meeting those needs with its unit trust funds. Children's EducationUnit trust can help you to cover the spiralling cost of education for your children or

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-69789564362285373442008-03-31T10:45:00.001+08:002008-10-05T11:15:06.131+08:00

There are many unit trusts funds from which to choose, but having considered the type of fund or funds most likely to meet your needs, you have already narrowed down your choices considerably. The next logical step is to decide which unit trust fund to invest in. What To Look For ? A random check will confirm most, if not all, investors would look at the performance or investment results.

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-18524140737633403032008-03-31T10:40:00.000+08:002008-04-02T07:55:53.272+08:00

Why Isn't One Investment Plan Right For Everyone? Before investing, decide what you want your investments to do. Investing is simply using money to make more money. Investment ringgit are not meant to be used for daily living essentials.You might choose to invest in bank deposits, government bonds, securities, or life insurance. They are all different, and no single investment channel fits the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-25146734703265043942008-03-31T09:22:00.001+08:002008-10-05T11:10:06.780+08:00

In the wake of the turbulence of stock markets in recent months, unit trust investors may be tempted to either sell or buy. However, investors are advised to remain calm and practise dollar cost averaging with their long-term goals in view. When regional and global markets succumbed to panic selling in August 2007 and more recently in January 2008, the severity and sharpness of the correction was

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-35453497677056407022008-03-29T20:57:00.001+08:002008-03-29T20:59:53.150+08:00

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-78185505487216278052008-03-29T17:11:00.001+08:002008-03-29T17:15:23.900+08:00

Malaysia introduced the unit trust concept relatively early compared to its Asian neighbours, when, in 1959, a unit trust was first established by a company called Malayan Unit Trust Ltd.The unit trust industry in Malaysia has therefore a history of more than four (4) decades. The development of this industry can be presented in chronological order as follows: The Development of Unit TrustsThe

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-9112100474124295792008-03-29T07:37:00.002+08:002008-03-29T07:46:17.691+08:00

Unit trusts have grown in popularity in recent years. It's not hard to figure out why. Unit trusts are the small investor's answer to achieving wide investment diversification without having to come out with prohibitive sums of money. And the benefits do not end at that.But first, what is a unit trust? A unit trust fund is an investment scheme that pools money from many investors who share the

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-79163643562988342402008-03-28T00:26:00.003+08:002008-03-31T11:15:23.758+08:00

KUALA LUMPUR, March 27 -- The Securities Commission (SC) today announced three new initiatives to reinforce its role as a leading advocate of Islamic capital market (ICM) development."The initiatives are strengthening partnerships through collaborative efforts, establishment of an international advisory committee (IAC) and convening of the semi-annual ICM forum," SC chairman Datuk Zarinah Anwar

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-32460341069040069452008-03-26T23:21:00.004+08:002008-03-26T23:38:53.250+08:00

(Business 24/7, 24 March 08)Shariah-compliant investment funds outperformed conventional ones last year and totalled more than $19 billion (Dh70bn) in assets.The Dow Jones Islamic Market (DJIM) World Index, for example, recorded a gain of 17.2 per cent in the third quarter of 2007 compared to DJIM US which rose by 15 per cent.Islamic funds have escaped the worst of the economic turmoil that has

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-75525881772323192852008-03-25T18:38:00.004+08:002008-03-25T18:45:41.075+08:00

(Arabian Business, 25 March 08)...the Best Islamic Fund Manager for Asia was Public Mutual of MalaysiaInvestment companies and banks in Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Malaysia, Ireland, South Africa, France and the United States have been awarded the highest global accolades in Islamic fund management. Organised by Failaka Advisors, the 3rd Annual Islamic Fund Awards

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-44729456393649214852008-03-25T07:45:00.006+08:002008-03-25T18:29:48.831+08:00

FUND INFORMATIONName of Fund: Public Ittikal FundCategory of Fund: Equity Fund (Shariah)Approved Fund Size: 2.5 Billion UnitsLaunch Date: 10 April 1997Investor's Risk Profile: ModerateFund ObjectiveTo achieve steady capital growth over the medium to long term period by investing in a portfolio of investments that complies with Shariah Principles.FEES & CHARGESService Charge: Up to 6.5% of NAV per

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-77616754078789661672008-03-25T07:37:00.002+08:002008-03-25T18:37:01.550+08:00

Public Mutual Berhad (Public Mutual) is the largest private unit trust company in Malaysia and currently manages 58 funds with total NAV of more than RM28.4 billion for more than 1,650,000 accountholders. Incorporated in July 1975, Public Mutual began its operations in 1980 with the launch of the Public Savings Fund, and soon went on to become an industry leader and setting forth new trends in

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-86920376179437966742008-03-23T22:39:00.003+08:002008-03-31T11:16:23.504+08:00

(The Star, 27 Feb 08) KUALA LUMPUR: The Securities Commision (SC) will be issuing revised guidelines on unit trust funds on March 3. Chairman Datuk Zarinah Anwar said the revisions were intended to streamline several rules and requirements to ensure they were in line with international standards and that Malaysian unit trust products were globally competitive. “The implementation of these

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-33106137165457122312008-03-23T21:48:00.005+08:002008-03-31T11:17:27.176+08:00

by Chong Jin Hun(Daily Edge, 10 March 08)KUALA LUMPUR: Unit trust players in Malaysia are capitalising on pockets of opportunities to keep their respective portfolios afloat in a volatile global investment landscape.Anticipation of a possible recession in the US combined with soaring prices of petroleum and palm oil products are keeping fund managers vigilant to innovate and adjust their

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-19581988159115139432008-03-17T20:53:00.000+08:002008-03-17T20:59:55.941+08:00

Public Bank’s wholly-owned subsidiary, Public Mutual emerged for the fifth consecutive year as the biggest winner at The Edge-Lipper Malaysia Fund Awards 2008 by winning 8 of the 20 awards, including the Lipper award for Best Equity Group for 3 years category.Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said that he is very proud that Public Mutual continues to win the most number

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-24085862837202237542008-03-17T20:50:00.000+08:002008-03-17T20:51:16.344+08:00

Public Bank will launch a wholesale Islamic money market fund, PB Islamic Cash Plus Fund (PBICPF) on 30 January 2008. The fund is managed by its wholly-owned subsidiary, Public Mutual. Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said PBICPF which is a low risk Islamic money market fund, is suitable for sophisticated investors who wish to enjoy liquidity and current income, while

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-57235113108179283252008-03-17T20:45:00.000+08:002008-03-17T20:46:36.238+08:00

Public Bank’s wholly-owned subsidiary, Public Mutual launches a domestic Islamic fund, Public Islamic Select Treasures Fund (PISTF) on 26 February 2008 (Tuesday). Investors who wish to discover hidden treasures and opportunities among small-to-mid cap stocks can invest in the PISTF. PISTF is open for EPF Members Investment Scheme.Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-80720467637188527522008-03-11T12:03:00.000+08:002008-03-11T12:07:23.967+08:00

A series of wide-ranging initiatives in developing Malaysia’s Islamic capital market (ICM) over recent years have helped to position the country as a leading global market in Islamic finance. Notably, the approach of developing both the conventional and Islamic financial markets as complementary markets has seen the emergence of a strong market segment that successfully integrates the principles

Editornoreply@blogger.com0tag:blogger.com,1999:blog-3741025142610456453.post-51912444809894145422008-03-03T08:49:00.000+08:002008-04-13T08:50:48.257+08:00

The Securities Commission (SC) today issued a set of revised and new guidelines to facilitate continued growth and enhance competitiveness of the unit trust industry. In addition to the Guidelines on Unit Trust Funds (UTF Guidelines) which have been revised to streamline with international standards, the SC also issued new

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