Monday, April 28, 2008

Malaysia Islamic Equities: Three-Year Performance

CIMB – Principal Asset Management won an award for “Malaysia Islamic Equities: Three-Year Performance” for CIMB Islamic Dali Equity Growth Fund by Asian Investor 2008 Investment Performance Awards.
In addition, Principal Global Investor also won an award for the Global Equities Category: Five Year Risk-Adjusted Performance.



Tuesday, April 22, 2008

Announcement of New Fund

CIMB ISLAMIC COMMODITIES STRUCTURED FUND 1 & 2

Introducing the brand new Fund which capitalizes on commodities, CIMB Islamic Commodities Structured Fund 1 & CIMB Islamic Commodities Structured Fund 2.

CIMB Islamic Commodities Structured Fund 1 was close-ended fund which would invest at least 95 percent of its net asset value (NAV) in a three-year Islamic Dynamic Best of Commodity Structured Product to be issued by CIMB Investment Bank and up to five percent of its NAV in liquid assets.

CIMB Islamic Commodities Structured Fund 2 is similar in structure, but invests in a five-year Islamic Dynamic Best of Commodity Structured Product making it ideal for investors who desire stable investment returns via potential annual distributions over the fund's tenure.

Minimum initial investment amount is RM10,000. The Offer Period for these Funds is until 4 June 2008 (45 days after the launch date).

The initial offer price per unit plus application fee is 50 sen and the approved fund size is 600 million units for each fund.