Fund Name
Areca Islamic Cash Fund
Fund Category/Type
Islamic Fixed Income (Wholesale) / Income
Objective of the Fund
The Fund seeks to offer investors regular income
Launch Date
18 June 2015
Asset Allocation
Islamic Fixed Income Securities: 0 – 30% of the NAV of the Fund (at time of purchase)
Islamic Money Market Instruments (other than those instruments classified as Islamic Liquid Assets), Islamic Deposits and placement with Islamic Investment Account, and other Islamic Liquid Asset: Remaining balance of the NAV of the Fund
Performance Benchmark
Maybank Islamic 1-month Repo rate
(Data Maintenance: Updates underway for data accuracy. Some data may not be up to date. Please refer to the attached Fund Documents for current information. Thank you for your patience.)
| Total Return | 1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
|---|---|---|---|---|---|
| MYR | 1.52 | 6.37 | 9.82 | - | 25.95 |
| Total Return | MYR |
|---|---|
| 1-Year | 1.52 |
| 3-Year | 6.37 |
| 5-Year | 9.82 |
| 10-Year | - |
| Since Inception | 25.95 |
As of 28 Jan 2025.
Annual Management Fee
0.75% p.a of the NAV of the Fund.
Annual Trustee Fee
0.05 % p.a of the NAV of the Fund.
Entry Fee
NIL
Exit Fee
NIL
This table describes the charges that you may incur when you buy or redeem Units of the Funds.
Minimum Initial Investment
RM100,000 or such other limit at the Manager’s discretion.
Minimum Additional Investment
RM10,000 or such other limit at the Manager’s discretion.
Minimum Redemption
RM10,000 or 10,000 Units or such other limit at the Manager’s discretion.
However, if the liquidation request leaves an investor with less than 10,000 Units (minimum balance), the investor may be required to make an application for the Manager to liquidate all the investor’s Units.
Redemption Restriction/Notice
1 Business Day prior to liquidation, i.e. T-1 day. However, a liquidation notice must be submitted before 3.30pm on T-1 day for processing.
There is no limit on the frequency of liquidation.
Redemption Payment
Payments will be made on the next Business Day of the transaction day, i.e. T+1 day, under normal circumstances.
However, under specific conditions such as under liquidity constraint conditions, payment may be made within 10 days upon receipt by the Manager of the duly completed original liquidation form.
Cooling-Off Right
Within 6 Business Days commencing on the date of receipt of the application for Units by the Manager. Applicable for initial investment by investors in any funds managed by the Manager for the first time only.
Not applicable to corporation or institution, a staff of the Manager and persons registered with a body approved by the SC to deal in unit trusts.
Relevant information may differ from Fund to Fund. Please refer to the individual Fund’s documents for comprehensive information. In the event of any discrepancies, the Prospectus/Information Memorandum (where applicable) shall prevail.
Prospectus / Information Memorandum
Product Highlights Sheet
Fact Sheet
Annual Report
Interim Report / Quarterly Report
..