Thursday, July 10, 2008
CIMB Global Fund Managers
Franklin-Templeton
-Over 60 years (not 20 or 30 years!!! ) of investment experience
-Currently managing USD$550 BILLION in over 29 countries around the world
Principal Group
-Established in 1879
-Currently managing USD$205 BILLION; and manages the LARGEST pension fund in the USA
Schroeders
-Currently managing USD$220 BILLION by 300 fund managers in 34 offices around the world
Kerana itulah CIMB Principal MENA Equity Fund bagi the latest return --> 12% in 4 months ( from Feb - June 2008 ). Track record sebelum ni --> 430% in 5 years.
Tuesday, July 8, 2008
ANNOUNCEMENT OF NEW FUND
CIMB ISLAMIC GLOBAL EMERGING MARKETS FUND (iGEM)
We are pleased to announce to you our new Islamic fund, CIMB Islamic Global Emerging Markets Fund (iGEM), which will be launched on
The Fund aims to provide investors with medium to long term capital appreciation through investments in the global emerging markets that conform to Shariah principles. The benchmark for the Fund is Dow Jones Islamic Market Emerging Markets Index.
The Fund seeks to achieve its objective by investing principally in Shariah compliant equity securities of companies domiciled or with their core business in the world’s emerging markets, which the fund manager believes are undervalued and have the potential for significant growth.
Up to 98% of the Fund’s NAV will be invested in global emerging market securities that conform to Shariah principles and at least 2% of the Fund’s NAV will be invested in Shariah-compliant liquid assets for liquidity purposes.
Kindly note that this fund is open for CASH INVESTMENTS only.