this would be interesting, if it is not capital protected...i think

if you have the time and knowledge, of course, doing yourself would be better; also you need to have a quite an amount of capital to build a well diversified portfolio

wanna ask ur opinion, is unit trust a product or an asset class?

yah, but alot of people (i.e. unit trust agents) are confusing it as an asset class

trustee fee will go to the trustee, not the utmc

these funds are not new....already have track records for more than a year or two

osk-uob capital protected world mining fund

The OSK-UOB Capital Protected* World Mining Fund (CPWMF) is a 4-year closed-end capital protected* fund which aims to provide capital appreciation over the medium term^ whilst protecting investors’ capital* on the Maturity Date.

^Note: "medium term" in this context refers to a period of 4 years.

The Fund will invest primarily in 4-year Zero Coupon Negotiable Instruments of Deposits (ZNIDs) to accord the capital protection feature of the Fund with the remainder of the capital raised invested in a 4-year over-the-counter (OTC) call option whose underlying is the World Mining Vol Target 10% Index (“WMF Option”) to generate the returns for the Fund. Any remaining cash is retained as liquid assets to defray the annual management fee.

CPWMF is suitable for investors who:


(i) have a low risk tolerance;
(ii) seek capital protection*;
(iii) seek potential returns from the exposure to the hard commodities sector; and
(iv) have a medium term horizon.

More information: http://www.oskuob.com.my/OSKUOB/page.jsp?name=funddtl_CPWMF

because we can't predict the market - buy in small amounts on regular basis

phillip capital

wrong, you will pay the same service charge 5.5% each time you enter into the fund, unless you switch from an equity fund to this fund, there could be no sales charge

monthly top up will have service charge.....it is considered "new investment"; if you invest rm100, the actual amount being invested is RM 94.50

Icap sounds more like a stock than a fund

yes, you are wrong

there will be upfront charges - which is the sales charge on your initial investment

they will have annual management fees, which is already calculated in the fund's daily pricing

New fund on the list: AmIslamic Greater China fund

Objective

The Fund aims to grow the value of the investment in the Longer Term by investing in a portfolio of Shariah-compliant equities with exposure to the Greater China region namely in China, Hong Kong,Taiwan markets, as well as companies on Approved Equity Markets with business dealings in China.

Initial Offer Period: 21 days commencing from 8 Nov 2010 to 28 Nov 2010 at USD$0.20 per unit.
Financial Year End: 31 August.
Distribution Policy: Income distribution (if any) at the Manager's discretion.

Benchmark: S&P Greater China Shariah Index (obtainable via www.ammutual.com.my)
Investor Profile

The Fund is suitable for Investors seeking:

* investment exposure to the fast growing Greater China region;
* capital growth and appreciation through a portfolio of Shariah approved equities investments; and
* Longer Term investment goals.

Strategy

To achieve the investment objective, the Fund will invest a minimum 85% of the Fund’s NAV in a portfolio of Shariah-compliant equities with exposure to the Greater China region.

AmIslamic Funds Management Sdn Bhd is the Investment Manager of the Fund whilst Hamon Investment Management Limited has been appointed by AmIslamic Funds Management Sdn Bhd as the Sub-Investment Manager to manage the Fund’s Greater China portfolio.

The Investment Manager is responsible to manage the Fund in accordance with Shariah principles and that the underlying portfolio of investments is also Shariah-compliant. The Sub-Investment Manager is responsible for the asset allocation and stock selection for the portfolio.

Based on in-depth fundamental analysis, The Sub Investment Manager adds value by performing active bottom-up stock selection; picking securities without the constrain of market capitalization and growth or value styles which depends on the changing economic cycles and market conditions.

However, in attempting to respond to adverse market, political, or any other conditions, the Manager and Sub-Investment Manager may take temporary defensive strategy by maintaining a maximum of 100% liquid assets/cash weightings that may be inconsistent with the Fund’s principal strategy.

Asset Allocation:

* Up to 95% of its NAV will be invested in equities and equities related investments
that conform to the Principles of Shariah.

Source: Signal invest

Sales charge: 5%

Public Bank’s wholly-owned subsidiary, Public Mutual is launching two new Islamic funds, Public Islamic Alpha-40 Growth Fund (PIA40GF) and Public Islamic Infrastructure Bond Fund (PIINFBF) on 16 November 2010.

http://www.publicmutual.com.my/page.aspx?n...rls_101115_1730

you mean you put into fixed deposit? is it not like investing

at the end of the 3rd month, you will get rm 10,000 x 2.7%/12 x 3 = RM 67.50

just want to check - public mutual funds - the fund fact sheets only come every two months once?