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| Our Funds >> | ARIEF | | | ARSTF | | | ARUTF | | | ARICMF | | | ARCMF |
AmanahRaya Cash Management Fund (ARCMF)
| Fund Name | AmanahRaya Cash Management Fund |
| Fund Category | Wholesale Money Market Fund |
| Fund Type | Income |
| Approved Size (units) | 500 million |
| NAV per unit during IOP | RM1.0000 |
| Financial Year End | 31st August |
| Investment Objective | The Fund seeks to provide investors with a regular income stream and high level of liquidity to meet cash flow requirement while maintaining capital preservation. |
| Asset Allocation | The Fund may invest up to 100% in short-term financial instruments with maturity of not more than 365 day. Up to 10% of the NAV of the Fund may be invested in short-term fixed income instruments, money market instruments and Negotiable Instrument of Deposits with remaining maturity exceeding 365 days but no longer than 732 days. |
| Benchmark | Maybank Overnight Repo Rate (obtainable from www.maybank2u.com.my) |
| Investment Strategy | The Fund shall invest up to 100% of its NAV in a diversified portfolio of good value short-term financial instruments carrying a minimum credit rating of AA3/P1 (RAM or equivalent) and money market instruments, including Negotiable Instrument of Deposits, Accepted Bills, commercial papers and an equivalent form of deposit with licensed financial institutions. |
| Investor’s Profile | The Fund is primarily suitable for low risk investors who are generally conservative, risk aversed and prefer short-term investment. |
| Principal Risks of Investing in the Fund | |
| Sales Charge (% of NAV per unit) |
Nil |
| Other Charges | Any applicable bank charges and other bank fees incurred as a result of purchasing or withdrawal of units will be borne by the investor. |
| Switching Fee | At the Manager’s discretion |
| Transfer Fee | Not applicable |
| Redemption Fee | Nil |
| Management Fee | Up to 0.5% per annum of the NAV of the Fund. |
| Trustee Fee | Up to 0.08% per annum of the NAV of the Fund, subject to a minimum of RM18,000 per Annum. |
| Fund Expenses | These include audit fee, tax fee and administration expenses. |
| Minimum Initial Investment | RM100,000 (to be paid via Telegraphic Transfer – payable to “AmanahRaya Investment Management Sdn Bhd”. |
| Minimum Units Held | 500,000 units |
| Minimum Additional Investment | RM1,000 (to be paid via Telegraphic Transfer – payable to “AmanahRaya Investment Management Sdn Bhd”. |
| Frequency and Minimum Units Redeemed | Minimum 10,000 units or RM10,000 whichever is higher. |
| Period of Payment of Redemption Proceeds | Next Business Day after the redemption application is received by the Manager at or before 10.30 a.m. on a Business Day. Any redemption received after the cut-off time will be considered to be received on the next Business Day. |
| Switching Facility | At the Manager’s discretion. |
| Transfer Facility | Transferred is prohibited. |
Distribution Policy |
The Fund endeavors to distribute income on a monthly basis by way of reinvestment in the form of additional units. |
| The Manager | AmanahRaya Investment Management Sdn Bhd |
| The Trustee | CIMB Trustee Berhad |
| Past earnings or the Fund’s distribution record is not a guarantee or reflection of the Fund’s future earnings/ future distribution. Unit prices and distributions payable, if any may go down as well as up. Prospective Unit Holders should read and understand the contents of the Information Memorandum and, if necessary, should consult their adviser(s). There are fees and charges involved and investors are advised to consider the fees and charges before investing in the Fund. |
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| Home | Our Funds | Transactions | FAQ's | Notices | Contact| MAIN PAGE | Copyright © AmanahRaya Investment Management Sdn. Bhd. Level 7 & 8, Wisma AmanahRaya No. 2, Jalan Ampang 50508 Kuala Lumpur |
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